Perimeter Capital Lease Obligations vs Long Term Debt Analysis

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CAD 0.56 0.04 6.67%

Perimeter Medical financial indicator trend analysis is much more than just breaking down Perimeter Medical Imaging prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perimeter Medical Imaging is a good investment. Please check the relationship between Perimeter Medical Capital Lease Obligations and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Capital Lease Obligations vs Long Term Debt

Capital Lease Obligations vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perimeter Medical Imaging Capital Lease Obligations account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Perimeter Medical's Capital Lease Obligations and Long Term Debt is -0.88. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Perimeter Medical Imaging, assuming nothing else is changed. The correlation between historical values of Perimeter Medical's Capital Lease Obligations and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Perimeter Medical Imaging are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Lease Obligations i.e., Perimeter Medical's Capital Lease Obligations and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

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Capital Lease Obligations

Perimeter Medical Imaging capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Perimeter Medical asset purchases. For example, Perimeter Medical can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Perimeter Medical control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Long Term Debt

Long-term debt is a debt that Perimeter Medical Imaging has held for over one year. Long-term debt appears on Perimeter Medical Imaging 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 Perimeter Medical Imaging 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.

Most indicators from Perimeter Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perimeter Medical Imaging 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 Perimeter Medical Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Selling General Administrative is likely to drop to about 5.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2023	2024 (projected)
Depreciation And Amortization	93.8K	829.7K	871.1K
Interest Income	7.8K	9.0K	7.1K

Depreciation And Amortization Interest Income

Perimeter Medical fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab
Other Current Liab		-0.2	-0.48	0.49	-0.61	0.6	0.85	0.85	0.72	0.51	0.85	-0.49	0.67	0.82	-0.52	-0.72	0.86	0.82	-0.88	0.83	0.77	-0.65	0.83	0.58	0.3	-0.29
Total Current Liabilities	-0.2		0.75	-0.94	0.71	-0.63	-0.44	-0.65	-0.78	-0.8	-0.67	0.94	-0.85	-0.64	-0.31	0.8	-0.62	-0.64	0.4	-0.65	-0.75	0.3	-0.71	-0.86	-0.92	0.98
Other Liab	-0.48	0.75		-0.86	0.85	-0.94	-0.66	-0.74	-0.86	-0.97	-0.77	0.89	-0.86	-0.75	-0.07	0.85	-0.73	-0.75	0.6	-0.75	-0.83	0.49	-0.8	-0.86	-0.85	0.86
Net Tangible Assets	0.49	-0.94	-0.86		-0.88	0.77	0.66	0.83	0.92	0.89	0.86	-1.0	0.96	0.82	0.09	-0.94	0.81	0.82	-0.66	0.83	0.91	-0.51	0.88	0.95	0.93	-0.97
Retained Earnings	-0.61	0.71	0.85	-0.88		-0.81	-0.85	-0.75	-0.92	-0.84	-0.81	0.87	-0.85	-0.89	0.26	0.85	-0.74	-0.89	0.83	-0.75	-0.91	0.82	-0.87	-0.93	-0.88	0.79
Accounts Payable	0.6	-0.63	-0.94	0.77	-0.81		0.72	0.74	0.84	0.92	0.77	-0.81	0.82	0.83	-0.2	-0.8	0.73	0.83	-0.72	0.73	0.85	-0.56	0.84	0.85	0.7	-0.75
Net Receivables	0.85	-0.44	-0.66	0.66	-0.85	0.72		0.79	0.89	0.72	0.82	-0.65	0.75	0.94	-0.48	-0.75	0.77	0.94	-0.88	0.75	0.88	-0.92	0.88	0.82	0.63	-0.51
Total Current Assets	0.85	-0.65	-0.74	0.83	-0.75	0.74	0.79		0.9	0.8	1.0	-0.83	0.95	0.87	-0.07	-0.96	1.0	0.87	-0.78	1.0	0.92	-0.52	0.95	0.81	0.66	-0.7
Common Stock	0.72	-0.78	-0.86	0.92	-0.92	0.84	0.89	0.9		0.92	0.93	-0.92	0.96	0.96	-0.14	-0.93	0.88	0.96	-0.8	0.88	0.98	-0.73	0.97	0.97	0.87	-0.84
Property Plant Equipment	0.51	-0.8	-0.97	0.89	-0.84	0.92	0.72	0.8	0.92		0.82	-0.92	0.91	0.81	0.1	-0.87	0.77	0.81	-0.59	0.79	0.88	-0.52	0.85	0.91	0.88	-0.89
Total Assets	0.85	-0.67	-0.77	0.86	-0.81	0.77	0.82	1.0	0.93	0.82		-0.86	0.96	0.9	-0.13	-0.97	0.99	0.9	-0.82	0.99	0.95	-0.58	0.97	0.85	0.7	-0.73
Short Long Term Debt Total	-0.49	0.94	0.89	-1.0	0.87	-0.81	-0.65	-0.83	-0.92	-0.92	-0.86		-0.97	-0.82	-0.11	0.95	-0.82	-0.82	0.65	-0.84	-0.91	0.49	-0.88	-0.95	-0.93	0.98
Total Stockholder Equity	0.67	-0.85	-0.86	0.96	-0.85	0.82	0.75	0.95	0.96	0.91	0.96	-0.97		0.88	0.03	-0.99	0.93	0.88	-0.73	0.94	0.96	-0.52	0.95	0.93	0.85	-0.89
Property Plant And Equipment Net	0.82	-0.64	-0.75	0.82	-0.89	0.83	0.94	0.87	0.96	0.81	0.9	-0.82	0.88		-0.41	-0.87	0.85	1.0	-0.91	0.84	0.98	-0.82	0.98	0.93	0.73	-0.7
Current Deferred Revenue	-0.52	-0.31	-0.07	0.09	0.26	-0.2	-0.48	-0.07	-0.14	0.1	-0.13	-0.11	0.03	-0.41		0.02	-0.09	-0.41	0.64	-0.05	-0.23	0.64	-0.26	-0.13	0.17	-0.25
Net Debt	-0.72	0.8	0.85	-0.94	0.85	-0.8	-0.75	-0.96	-0.93	-0.87	-0.97	0.95	-0.99	-0.87	0.02		-0.96	-0.87	0.77	-0.97	-0.95	0.53	-0.95	-0.9	-0.81	0.85
Cash	0.86	-0.62	-0.73	0.81	-0.74	0.73	0.77	1.0	0.88	0.77	0.99	-0.82	0.93	0.85	-0.09	-0.96		0.85	-0.79	1.0	0.91	-0.5	0.94	0.78	0.63	-0.68
Non Current Assets Total	0.82	-0.64	-0.75	0.82	-0.89	0.83	0.94	0.87	0.96	0.81	0.9	-0.82	0.88	1.0	-0.41	-0.87	0.85		-0.91	0.84	0.98	-0.82	0.98	0.93	0.73	-0.7
Long Term Debt	-0.88	0.4	0.6	-0.66	0.83	-0.72	-0.88	-0.78	-0.8	-0.59	-0.82	0.65	-0.73	-0.91	0.64	0.77	-0.79	-0.91		-0.77	-0.87	0.83	-0.88	-0.76	-0.51	0.49
Cash And Short Term Investments	0.83	-0.65	-0.75	0.83	-0.75	0.73	0.75	1.0	0.88	0.79	0.99	-0.84	0.94	0.84	-0.05	-0.97	1.0	0.84	-0.77		0.91	-0.48	0.93	0.79	0.66	-0.71
Common Stock Shares Outstanding	0.77	-0.75	-0.83	0.91	-0.91	0.85	0.88	0.92	0.98	0.88	0.95	-0.91	0.96	0.98	-0.23	-0.95	0.91	0.98	-0.87	0.91		-0.72	0.99	0.96	0.81	-0.81
Non Current Liabilities Total	-0.65	0.3	0.49	-0.51	0.82	-0.56	-0.92	-0.52	-0.73	-0.52	-0.58	0.49	-0.52	-0.82	0.64	0.53	-0.5	-0.82	0.83	-0.48	-0.72		-0.7	-0.71	-0.56	0.37
Capital Lease Obligations	0.83	-0.71	-0.8	0.88	-0.87	0.84	0.88	0.95	0.97	0.85	0.97	-0.88	0.95	0.98	-0.26	-0.95	0.94	0.98	-0.88	0.93	0.99	-0.7		0.93	0.75	-0.77
Other Current Assets	0.58	-0.86	-0.86	0.95	-0.93	0.85	0.82	0.81	0.97	0.91	0.85	-0.95	0.93	0.93	-0.13	-0.9	0.78	0.93	-0.76	0.79	0.96	-0.71	0.93		0.92	-0.9
Other Stockholder Equity	0.3	-0.92	-0.85	0.93	-0.88	0.7	0.63	0.66	0.87	0.88	0.7	-0.93	0.85	0.73	0.17	-0.81	0.63	0.73	-0.51	0.66	0.81	-0.56	0.75	0.92		-0.94
Total Liab	-0.29	0.98	0.86	-0.97	0.79	-0.75	-0.51	-0.7	-0.84	-0.89	-0.73	0.98	-0.89	-0.7	-0.25	0.85	-0.68	-0.7	0.49	-0.71	-0.81	0.37	-0.77	-0.9	-0.94

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Perimeter Medical Account Relationship Matchups

Perimeter Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	2.4M	1.2M	1.9M	5.4M	4.6M	3.2M
Total Current Liabilities	18.5M	1.8M	2.1M	8.0M	6.9M	7.0M
Retained Earnings	(39.4M)	(47.3M)	(64.0M)	(59.3M)	(96.7M)	(91.9M)
Net Receivables	1.0M	604.3K	1.3M	2.0M	3.1M	1.6M
Total Current Assets	2.5M	13.1M	7.7M	31.5M	23.2M	14.8M
Common Stock	17.8M	48.5M	62.5M	80.8M	107.9M	60.7M

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