LeMaitre Long Term Debt vs Non Current Assets Total Analysis

LMAT Stock  USD 105.43  1.66  1.55%   
LeMaitre Vascular financial indicator trend analysis is infinitely more than just investigating LeMaitre Vascular recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LeMaitre Vascular is a good investment. Please check the relationship between LeMaitre Vascular Long Term Debt and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeMaitre Vascular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy LeMaitre Stock please use our How to Invest in LeMaitre Vascular guide.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeMaitre Vascular Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LeMaitre Vascular's Long Term Debt and Non Current Assets Total is 0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of LeMaitre Vascular, assuming nothing else is changed. The correlation between historical values of LeMaitre Vascular's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of LeMaitre Vascular are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., LeMaitre Vascular's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that LeMaitre Vascular has held for over one year. Long-term debt appears on LeMaitre Vascular balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on LeMaitre Vascular balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from LeMaitre Vascular's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeMaitre Vascular current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeMaitre Vascular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy LeMaitre Stock please use our How to Invest in LeMaitre Vascular guide.At this time, LeMaitre Vascular's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 26.92 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit101.4M104.9M127.0M133.4M
Total Revenue154.4M161.7M193.5M203.2M

LeMaitre Vascular fundamental ratios Correlations

0.30.530.970.990.50.970.210.670.820.970.840.970.530.270.920.650.440.980.320.990.960.340.90.830.98
0.3-0.030.390.20.570.44-0.320.46-0.060.170.70.140.860.55-0.010.820.480.310.560.230.230.940.310.470.42
0.53-0.030.590.57-0.280.370.140.40.630.60.250.670.270.520.730.020.030.43-0.450.520.61-0.070.370.380.39
0.970.390.590.950.460.940.10.730.730.920.870.940.560.380.870.680.520.960.320.960.970.40.920.850.95
0.990.20.570.950.410.950.20.670.840.990.770.990.480.260.950.550.390.960.240.980.960.240.870.820.96
0.50.57-0.280.460.410.660.340.10.330.30.790.310.43-0.240.180.880.370.60.770.510.440.730.570.390.63
0.970.440.370.940.950.660.180.650.740.910.920.90.610.230.810.780.50.970.50.960.910.50.90.831.0
0.21-0.320.140.10.20.340.18-0.510.630.110.130.23-0.24-0.490.270.11-0.220.24-0.110.290.24-0.020.22-0.130.18
0.670.460.40.730.670.10.65-0.510.250.710.570.650.650.670.590.420.640.620.270.620.630.270.580.90.66
0.82-0.060.630.730.840.330.740.630.250.80.560.860.240.030.880.370.130.780.030.850.810.10.690.510.75
0.970.170.60.920.990.30.910.110.710.80.70.980.480.310.960.470.330.910.170.940.930.170.810.810.92
0.840.70.250.870.770.790.920.130.570.560.70.710.70.30.580.950.60.880.610.820.80.770.840.750.9
0.970.140.670.940.990.310.90.230.650.860.980.710.430.290.980.480.350.930.130.970.970.170.850.790.91
0.530.860.270.560.480.430.61-0.240.650.240.480.70.430.670.330.710.340.470.350.450.430.770.410.710.6
0.270.550.520.380.26-0.240.23-0.490.670.030.310.30.290.670.260.230.360.16-0.120.20.260.360.170.470.24
0.92-0.010.730.870.950.180.810.270.590.880.960.580.980.330.260.320.230.86-0.030.920.920.020.770.720.83
0.650.820.020.680.550.880.780.110.420.370.470.950.480.710.230.320.570.710.710.620.590.90.670.590.76
0.440.480.030.520.390.370.5-0.220.640.130.330.60.350.340.360.230.570.510.580.460.440.450.520.620.5
0.980.310.430.960.960.60.970.240.620.780.910.880.930.470.160.860.710.510.430.980.970.380.930.810.97
0.320.56-0.450.320.240.770.5-0.110.270.030.170.610.130.35-0.12-0.030.710.580.430.310.230.590.460.360.47
0.990.230.520.960.980.510.960.290.620.850.940.820.970.450.20.920.620.460.980.310.960.310.920.810.97
0.960.230.610.970.960.440.910.240.630.810.930.80.970.430.260.920.590.440.970.230.960.270.880.780.92
0.340.94-0.070.40.240.730.5-0.020.270.10.170.770.170.770.360.020.90.450.380.590.310.270.370.40.48
0.90.310.370.920.870.570.90.220.580.690.810.840.850.410.170.770.670.520.930.460.920.880.370.760.9
0.830.470.380.850.820.390.83-0.130.90.510.810.750.790.710.470.720.590.620.810.360.810.780.40.760.84
0.980.420.390.950.960.631.00.180.660.750.920.90.910.60.240.830.760.50.970.470.970.920.480.90.84
Click cells to compare fundamentals

LeMaitre Vascular Account Relationship Matchups

LeMaitre Vascular fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets188.3M252.8M292.8M310.5M346.8M364.1M
Other Current Liab2.5M5.3M4.9M7.4M20.8M21.9M
Total Current Liabilities20.9M25.1M21.8M25.3M29.9M31.4M
Total Stockholder Equity148.1M172.6M254.2M268.2M297.9M312.8M
Net Debt3.9M28.0M2.1M(2.5M)(5.2M)(5.4M)
Non Current Assets Total96.2M158.5M152.9M148.7M152.2M159.8M
Non Currrent Assets Other259K909K568K991K3.7M3.9M
Common Stock Shares Outstanding20.3M20.5M21.5M22.2M22.4M17.3M
Liabilities And Stockholders Equity188.3M252.8M292.8M310.5M346.8M364.1M
Other Current Assets3.3M5.2M8.4M6.7M12.1M12.7M
Other Stockholder Equity94.9M103.3M169.2M176.2M186.9M196.2M
Total Liab40.2M80.2M38.7M42.3M48.9M51.3M
Total Current Assets92.1M94.3M139.9M161.7M194.6M204.3M
Short Term Debt1.8M6.4M3.7M3.8M4.9M2.5M
Cash11.8M26.8M13.9M19.1M24.3M18.3M
Cash And Short Term Investments32.7M27.0M70.0M82.7M105.1M110.3M
Non Current Liabilities Total19.3M55.1M16.8M16.9M19.0M19.9M
Other Liab5.4M4.8M2.8M2.2M2.6M1.8M
Property Plant And Equipment Net30.1M31.1M32.1M33.5M39.8M41.8M
Current Deferred Revenue14.0M17.5M16.3M390K448.5K426.1K
Retained Earnings57.0M70.6M88.1M97.8M115.4M121.2M
Accounts Payable2.6M2.4M2.3M2.9M3.7M3.9M
Other Assets1.3M18.4M2.1M2.7M3.1M2.3M
Net Receivables16.6M19.6M19.6M22.0M25.1M13.3M
Good Will23.8M29.9M41.7M65.9M65.9M69.2M
Common Stock Total Equity217K221K235K237K272.6K194.7K
Short Term Investments20.9M214K56.1M63.6M80.8M84.8M
Inventory39.5M45.1M46.1M50.3M52.3M54.9M
Property Plant And Equipment Gross30.1M31.1M17.1M33.5M61.3M64.3M
Accumulated Other Comprehensive Income(4.0M)(1.5M)(3.4M)(6.0M)(4.6M)(4.4M)
Treasury Stock(11.0M)(11.6M)(12.4M)(13.0M)(11.7M)(11.2M)
Intangible Assets23.2M58.9M52.7M46.5M41.7M43.8M
Common Stock217K221K235K237K239K198.1K
Property Plant Equipment14.9M15.0M32.1M17.9M20.6M21.6M
Net Tangible Assets108.2M113.7M135.5M155.7M179.1M188.0M
Retained Earnings Total Equity57.0M70.6M88.1M97.8M112.4M118.1M
Capital Surpluse105.9M114.9M181.6M189.3M217.7M111.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for LeMaitre Stock Analysis

When running LeMaitre Vascular's price analysis, check to measure LeMaitre Vascular's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LeMaitre Vascular is operating at the current time. Most of LeMaitre Vascular's value examination focuses on studying past and present price action to predict the probability of LeMaitre Vascular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeMaitre Vascular's price. Additionally, you may evaluate how the addition of LeMaitre Vascular to your portfolios can decrease your overall portfolio volatility.