Masimo Other Liab vs Other Current Assets Analysis

MASI Stock  USD 172.26  5.44  3.06%   
Masimo financial indicator trend analysis is infinitely more than just investigating Masimo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masimo is a good investment. Please check the relationship between Masimo Other Liab and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masimo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.

Other Liab vs Other Current Assets

Other Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Masimo Other Liab account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Masimo's Other Liab and Other Current Assets is 0.93. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Masimo, assuming nothing else is changed. The correlation between historical values of Masimo's Other Liab and Other Current 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 Other Liab of Masimo are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Liab i.e., Masimo's Other Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Masimo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masimo 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 Masimo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.As of now, Masimo's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense355K25.7M50.3M43.0M
Depreciation And Amortization36.1M136.1M98.3M103.2M

Masimo fundamental ratios Correlations

-0.28-0.47-0.32-0.37-0.04-0.37-0.49-0.22-0.350.26-0.380.10.27-0.28-0.45-0.34-0.340.61-0.43-0.4-0.1-0.40.4-0.4-0.04
-0.280.870.890.970.880.980.570.960.950.280.970.620.270.980.890.970.97-0.90.920.940.930.91-0.410.950.73
-0.470.870.770.940.540.850.90.710.97-0.210.960.31-0.220.921.00.950.86-0.930.990.910.640.99-0.750.960.49
-0.320.890.770.920.770.870.510.850.840.230.870.530.210.90.790.860.86-0.830.840.810.830.81-0.290.830.81
-0.370.970.940.920.760.940.710.870.980.080.990.510.070.990.950.980.94-0.940.970.940.830.96-0.530.970.71
-0.040.880.540.770.760.880.120.970.690.690.740.740.680.790.560.760.85-0.640.620.760.990.60.020.710.73
-0.370.980.850.870.940.880.540.960.910.30.940.550.30.940.850.950.97-0.90.890.960.920.87-0.360.930.65
-0.490.570.90.510.710.120.540.330.79-0.630.75-0.05-0.620.680.880.730.57-0.750.840.680.240.86-0.910.770.18
-0.220.960.710.850.870.970.960.330.820.520.860.70.520.890.720.870.93-0.80.780.880.990.75-0.170.840.74
-0.350.950.970.840.980.690.910.790.82-0.040.990.46-0.040.980.980.990.92-0.930.990.940.770.99-0.660.980.62
0.260.28-0.210.230.080.690.3-0.630.52-0.040.030.620.990.12-0.190.060.250.02-0.110.110.6-0.150.68-0.010.44
-0.380.970.960.870.990.740.940.750.860.990.030.490.030.990.970.990.94-0.950.990.960.810.98-0.590.990.65
0.10.620.310.530.510.740.55-0.050.70.460.620.490.60.580.360.460.56-0.440.410.360.740.390.130.410.86
0.270.27-0.220.210.070.680.3-0.620.52-0.040.990.030.60.11-0.190.050.260.03-0.120.10.6-0.150.65-0.010.4
-0.280.980.920.90.990.790.940.680.890.980.120.990.580.110.940.980.93-0.910.960.930.860.95-0.510.960.74
-0.450.891.00.790.950.560.850.880.720.98-0.190.970.36-0.190.940.950.87-0.941.00.90.660.99-0.740.960.54
-0.340.970.950.860.980.760.950.730.870.990.060.990.460.050.980.950.94-0.920.970.970.830.97-0.580.990.61
-0.340.970.860.860.940.850.970.570.930.920.250.940.560.260.930.870.94-0.890.90.920.90.88-0.450.930.65
0.61-0.9-0.93-0.83-0.94-0.64-0.9-0.75-0.8-0.930.02-0.95-0.440.03-0.91-0.94-0.92-0.89-0.95-0.91-0.72-0.930.59-0.94-0.61
-0.430.920.990.840.970.620.890.840.780.99-0.110.990.41-0.120.961.00.970.9-0.950.920.720.99-0.680.980.6
-0.40.940.910.810.940.760.960.680.880.940.110.960.360.10.930.90.970.92-0.910.920.820.92-0.520.970.49
-0.10.930.640.830.830.990.920.240.990.770.60.810.740.60.860.660.830.9-0.720.720.820.7-0.090.780.76
-0.40.910.990.810.960.60.870.860.750.99-0.150.980.39-0.150.950.990.970.88-0.930.990.920.7-0.730.980.57
0.4-0.41-0.75-0.29-0.530.02-0.36-0.91-0.17-0.660.68-0.590.130.65-0.51-0.74-0.58-0.450.59-0.68-0.52-0.09-0.73-0.630.0
-0.40.950.960.830.970.710.930.770.840.98-0.010.990.41-0.010.960.960.990.93-0.940.980.970.780.98-0.630.57
-0.040.730.490.810.710.730.650.180.740.620.440.650.860.40.740.540.610.65-0.610.60.490.760.570.00.57
Click cells to compare fundamentals

Masimo Account Relationship Matchups

Masimo fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding57.1M58.0M57.7M55.2M54.1M52.5M
Total Assets1.4B1.7B1.9B3.2B3.0B3.2B
Other Current Liab87.1M141.8M155.4M247M188.1M197.5M
Total Current Liabilities172.2M233.8M267.7M630M563.8M592.0M
Total Stockholder Equity1.2B1.4B1.6B1.3B1.4B1.4B
Property Plant And Equipment Net219.6M272.5M272.8M402.5M483.5M507.7M
Net Debt(547.2M)(607.1M)(712.6M)772.5M807M847.4M
Retained Earnings1.1B1.3B1.6B1.7B1.8B1.9B
Accounts Payable54.5M64.1M75.6M276.8M251.5M264.1M
Cash567.7M641.4M745.3M202.9M163M221.7M
Non Current Assets Total400.1M611.4M648.6M1.9B1.8B1.9B
Non Currrent Assets Other88.5M114.4M136.5M215.2M47M52.6M
Cash And Short Term Investments687.7M641.4M745.3M202.9M163M230.2M
Net Receivables132.4M181.4M244.7M505.1M421M442.1M
Liabilities And Stockholders Equity1.4B1.7B1.9B3.2B3.0B3.2B
Non Current Liabilities Total56.0M71.1M69.0M1.2B1.1B1.2B
Inventory115.9M216.0M201.4M501M545M572.3M
Other Current Assets60.1M62.4M37.1M99.6M102.9M108.0M
Other Stockholder Equity74.0M65.0M(15.2M)(387M)(385.8M)(366.5M)
Total Liab228.3M304.9M336.8M1.9B1.7B1.8B
Property Plant And Equipment Gross238.7M304.8M463.4M673.6M1.1B1.1B
Total Current Assets996.1M1.1B1.2B1.3B1.2B1.3B
Accumulated Other Comprehensive Income(6.7M)1.4M(5.5M)11.5M(45.3M)(43.0M)
Intangible Assets27.3M73.9M72.5M722.6M652.3M684.9M
Other Assets105.3M161.7M203.0M300K345K327.8K
Other Liab40.2M71.1M69.0M246.7M283.7M297.9M
Current Deferred Revenue25.9M44.9M50.9M80.6M37.4M30.8M
Good Will22.4M103.2M100.3M445.4M407.7M428.1M
Short Term Debt4.7M6.0M6.4M33.8M70.7M74.2M
Common Stock53K54K55K100K115K60.7K
Property Plant Equipment219.6M272.5M272.8M402.5M462.9M486.0M
Treasury Stock(526.6M)(638.7M)(767.7M)(1.2B)(1.1B)(999.7M)
Net Tangible Assets1.1B1.2B1.4B631.5M726.2M670.8M
Retained Earnings Total Equity1.1B1.3B1.6B1.7B2.0B2.1B

Currently Active Assets on Macroaxis

When determining whether Masimo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Masimo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Masimo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Masimo Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masimo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Masimo. If investors know Masimo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Masimo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
1.45
Revenue Per Share
38.467
Quarterly Revenue Growth
0.054
Return On Assets
0.0266
The market value of Masimo is measured differently than its book value, which is the value of Masimo that is recorded on the company's balance sheet. Investors also form their own opinion of Masimo's value that differs from its market value or its book value, called intrinsic value, which is Masimo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Masimo's market value can be influenced by many factors that don't directly affect Masimo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Masimo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masimo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masimo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.