Orthofix Stock Based Compensation vs Begin Period Cash Flow Analysis

OFIX Stock  USD 18.91  0.23  1.23%   
Orthofix Medical financial indicator trend analysis is much more than just breaking down Orthofix Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orthofix Medical is a good investment. Please check the relationship between Orthofix Medical Stock Based Compensation and its Begin Period Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.

Stock Based Compensation vs Begin Period Cash Flow

Stock Based Compensation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Stock Based Compensation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orthofix Medical's Stock Based Compensation and Begin Period Cash Flow is 0.45. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Orthofix Medical, assuming nothing else is changed. The correlation between historical values of Orthofix Medical's Stock Based Compensation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Orthofix Medical are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., Orthofix Medical's Stock Based Compensation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Orthofix Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orthofix Medical 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.At this time, Orthofix Medical's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit349.6M337.2M486.3M259.2M
Total Revenue464.5M460.7M746.6M784.0M

Orthofix Medical fundamental ratios Correlations

0.920.470.830.780.950.990.51-0.780.98-0.030.950.16-0.030.320.510.980.120.990.50.870.460.170.860.690.73
0.920.690.830.940.950.920.66-0.580.920.030.970.140.030.620.750.940.430.90.750.760.690.450.840.740.68
0.470.690.340.830.450.490.91-0.320.48-0.270.640.19-0.270.750.950.530.850.440.920.360.640.910.480.350.46
0.830.830.340.770.860.810.2-0.480.770.40.850.260.40.290.430.780.130.80.510.640.50.090.730.750.6
0.780.940.830.770.80.790.72-0.50.780.090.90.290.090.660.850.810.610.760.870.660.680.680.760.640.58
0.950.950.450.860.80.940.44-0.580.940.090.920.020.090.490.530.950.20.940.550.790.630.170.810.80.71
0.990.920.490.810.790.940.53-0.80.98-0.030.960.19-0.030.310.540.980.120.990.520.870.450.210.880.670.73
0.510.660.910.20.720.440.53-0.430.54-0.570.610.07-0.570.650.840.580.70.490.740.430.460.810.470.190.37
-0.78-0.58-0.32-0.48-0.5-0.58-0.8-0.43-0.810.13-0.73-0.420.130.11-0.32-0.760.17-0.83-0.27-0.860.0-0.15-0.81-0.34-0.6
0.980.920.480.770.780.940.980.54-0.81-0.010.940.21-0.010.350.530.990.110.990.520.920.460.240.90.690.73
-0.030.03-0.270.40.090.09-0.03-0.570.13-0.010.050.321.0-0.14-0.13-0.06-0.20.00.00.020.08-0.180.160.310.0
0.950.970.640.850.90.920.960.61-0.730.940.050.280.050.450.70.950.290.950.690.810.530.390.920.680.7
0.160.140.190.260.290.020.190.07-0.420.210.320.280.32-0.240.230.18-0.040.190.240.27-0.160.220.380.00.1
-0.030.03-0.270.40.090.09-0.03-0.570.13-0.011.00.050.32-0.14-0.13-0.06-0.20.00.00.020.08-0.180.160.310.0
0.320.620.750.290.660.490.310.650.110.35-0.140.45-0.24-0.140.780.410.840.280.80.190.880.660.270.540.41
0.510.750.950.430.850.530.540.84-0.320.53-0.130.70.23-0.130.780.580.790.490.970.370.730.830.580.480.55
0.980.940.530.780.810.950.980.58-0.760.99-0.060.950.18-0.060.410.580.180.980.560.870.520.260.880.690.72
0.120.430.850.130.610.20.120.70.170.11-0.20.29-0.04-0.20.840.790.180.060.8-0.010.710.830.050.270.2
0.990.90.440.80.760.940.990.49-0.830.990.00.950.190.00.280.490.980.060.480.910.420.180.90.690.73
0.50.750.920.510.870.550.520.74-0.270.520.00.690.240.00.80.970.560.80.480.380.810.80.560.60.61
0.870.760.360.640.660.790.870.43-0.860.920.020.810.270.020.190.370.87-0.010.910.380.310.220.850.630.66
0.460.690.640.50.680.630.450.460.00.460.080.53-0.160.080.880.730.520.710.420.810.310.470.360.810.65
0.170.450.910.090.680.170.210.81-0.150.24-0.180.390.22-0.180.660.830.260.830.180.80.220.470.310.120.16
0.860.840.480.730.760.810.880.47-0.810.90.160.920.380.160.270.580.880.050.90.560.850.360.310.60.65
0.690.740.350.750.640.80.670.19-0.340.690.310.680.00.310.540.480.690.270.690.60.630.810.120.60.83
0.730.680.460.60.580.710.730.37-0.60.730.00.70.10.00.410.550.720.20.730.610.660.650.160.650.83
Click cells to compare fundamentals

Orthofix Medical Account Relationship Matchups

Orthofix Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding18.9M19.4M19.7M20.1M36.7M38.6M
Total Assets495.6M525.9M476.6M458.6M925.3M971.6M
Other Current Liab64.7M72.7M70.3M47.2M93.8M98.5M
Total Current Liabilities84.9M103.9M105.8M83.6M165.2M173.5M
Total Stockholder Equity327.6M356.9M336.9M336.9M598.7M628.7M
Property Plant And Equipment Net62.7M63.6M59.3M58.2M159.1M167.0M
Net Debt(48.7M)(71.4M)(65.4M)(30.8M)96.4M101.3M
Retained Earnings57.7M59.4M21M1.3M(150.1M)(142.6M)
Accounts Payable19.9M23.1M26.5M27.6M58.4M61.3M
Cash69.7M96.3M87.8M50.7M37.8M39.8M
Non Current Assets Total235.1M255.5M207.1M202.6M504.9M530.1M
Non Currrent Assets Other11.9M17.3M16.7M25.7M33.4M35.1M
Cash And Short Term Investments69.7M96.3M87.8M50.7M37.8M39.8M
Net Receivables86.8M72.4M78.6M82.9M128.1M79.5M
Liabilities And Stockholders Equity495.6M525.9M476.6M458.6M925.3M971.6M
Non Current Liabilities Total83.1M65.1M33.9M38.1M161.4M92.9M
Inventory82.4M84.6M83.0M100.2M222.2M233.3M
Other Current Assets20.9M17.0M20.1M22.3M37.1M21.1M
Other Stockholder Equity271.0M292.3M314.0M335.0M746.5M783.8M
Total Liab168.0M169.0M139.7M121.8M326.6M165.1M
Property Plant And Equipment Gross62.7M63.6M242.2M221.2M347.7M365.1M
Total Current Assets260.6M270.4M269.5M256.0M420.4M217.2M
Accumulated Other Comprehensive Income3.3M(3.0M)3.3M(1.4M)(1.3M)(1.2M)
Short Term Debt323K2.6M4.4M2.3M5.4M4.8M
Intangible Assets54.1M60.5M52.7M47.4M117.5M123.4M
Common Stock Total Equity1.9M1.9M2.0M2.0M2.3M1.9M
Common Stock1.9M1.9M2.0M2.0M3.7M2.0M
Other Liab58.4M39.8M14.0M13.5M15.6M16.4M
Other Assets41.0M47.3M23.9M12.8M14.8M28.8M
Good Will72.4M71.2M84.0M71.3M194.9M98.1M
Property Plant Equipment62.7M63.6M59.3M58.2M67.0M43.5M
Net Tangible Assets202.3M212.3M213.0M218.2M250.9M234.7M
Retained Earnings Total Equity57.7M59.4M21M1.3M1.1M1.1M
Capital Surpluse271.0M292.3M314.0M335.0M385.2M280.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Orthofix Stock Analysis

When running Orthofix Medical's price analysis, check to measure Orthofix Medical'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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.