LeMaitre Treasury Stock vs Net Tangible Assets Analysis

LMAT Stock  USD 107.09  0.88  0.82%   
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 Treasury Stock and its Net Tangible Assets 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.

Treasury Stock vs Net Tangible Assets

Treasury Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LeMaitre Vascular Treasury Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between LeMaitre Vascular's Treasury Stock and Net Tangible Assets is -0.73. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Tangible Assets 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 Treasury Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of LeMaitre Vascular are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Treasury Stock i.e., LeMaitre Vascular's Treasury Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Treasury Stock

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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

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