Senseonics Net Income vs Depreciation Analysis

SENS Stock  USD 0.31  0.01  3.33%   
Senseonics Holdings financial indicator trend analysis is much more than just breaking down Senseonics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senseonics Holdings is a good investment. Please check the relationship between Senseonics Holdings Net Income and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Senseonics Stock please use our How to Invest in Senseonics Holdings guide.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senseonics Holdings Net Income account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Senseonics Holdings' Net Income and Depreciation is -0.44. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Senseonics Holdings, assuming nothing else is changed. The correlation between historical values of Senseonics Holdings' Net Income and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Senseonics Holdings are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Senseonics Holdings' Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Senseonics Holdings financial statement analysis. It represents the amount of money remaining after all of Senseonics Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of Senseonics Holdings value has been used up. For tax purposes Senseonics Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, Senseonics Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Senseonics Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senseonics Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Senseonics Stock please use our How to Invest in Senseonics Holdings guide.Issuance Of Capital Stock is likely to gain to about 35.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 19.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income243K1.8M4.8M5.1M
Income Tax Expense15.3M18.7M1.1M1.1M

Senseonics Holdings fundamental ratios Correlations

0.770.830.5-0.090.45-0.08-0.830.190.730.680.650.490.990.780.770.650.640.880.780.99-0.210.780.6-0.090.76
0.770.550.86-0.20.370.23-0.710.210.660.410.890.220.740.620.590.450.440.730.690.79-0.130.620.37-0.190.57
0.830.550.1-0.170.45-0.1-0.840.00.560.580.550.380.830.780.770.710.750.870.710.81-0.230.790.63-0.190.95
0.50.860.10.030.230.14-0.350.380.620.090.67-0.020.490.280.260.030.040.380.340.55-0.050.280.00.050.09
-0.09-0.2-0.170.030.39-0.710.220.360.32-0.63-0.23-0.70.03-0.010.04-0.72-0.12-0.15-0.660.04-0.45-0.03-0.710.96-0.39
0.450.370.450.230.39-0.34-0.680.350.470.140.39-0.040.450.80.750.130.690.610.20.47-0.910.780.190.20.4
-0.080.23-0.10.14-0.71-0.34-0.15-0.34-0.550.320.460.26-0.170.030.060.350.170.090.37-0.160.330.050.3-0.630.14
-0.83-0.71-0.84-0.350.22-0.68-0.15-0.12-0.46-0.68-0.75-0.45-0.79-0.96-0.94-0.73-0.91-0.95-0.81-0.790.5-0.97-0.70.3-0.87
0.190.210.00.380.360.35-0.34-0.120.46-0.2-0.01-0.190.220.160.08-0.24-0.130.19-0.10.25-0.20.14-0.190.3-0.07
0.730.660.560.620.320.47-0.55-0.460.460.110.390.00.780.440.40.110.180.570.310.81-0.210.430.090.290.38
0.680.410.580.09-0.630.140.32-0.68-0.20.110.370.940.590.580.540.940.620.620.910.56-0.060.590.96-0.660.67
0.650.890.550.67-0.230.390.46-0.75-0.010.390.370.110.620.680.70.430.620.760.620.65-0.170.690.34-0.20.61
0.490.220.38-0.02-0.7-0.040.26-0.45-0.190.00.940.110.380.320.260.860.360.390.80.350.10.330.92-0.740.48
0.990.740.830.490.030.45-0.17-0.790.220.780.590.620.380.760.760.560.610.860.691.0-0.220.760.490.040.72
0.780.620.780.28-0.010.80.03-0.960.160.440.580.680.320.760.980.60.940.90.670.76-0.661.00.58-0.110.79
0.770.590.770.260.040.750.06-0.940.080.40.540.70.260.760.980.560.950.890.620.75-0.630.990.51-0.030.77
0.650.450.710.03-0.720.130.35-0.73-0.240.110.940.430.860.560.60.560.650.650.950.54-0.030.620.97-0.730.83
0.640.440.750.04-0.120.690.17-0.91-0.130.180.620.620.360.610.940.950.650.820.630.59-0.620.940.63-0.210.79
0.880.730.870.38-0.150.610.09-0.950.190.570.620.760.390.860.90.890.650.820.740.87-0.340.910.62-0.20.85
0.780.690.710.34-0.660.20.37-0.81-0.10.310.910.620.80.690.670.620.950.630.740.69-0.050.680.91-0.670.82
0.990.790.810.550.040.47-0.16-0.790.250.810.560.650.351.00.760.750.540.590.870.69-0.220.760.470.040.71
-0.21-0.13-0.23-0.05-0.45-0.910.330.5-0.2-0.21-0.06-0.170.1-0.22-0.66-0.63-0.03-0.62-0.34-0.05-0.22-0.64-0.09-0.26-0.21
0.780.620.790.28-0.030.780.05-0.970.140.430.590.690.330.761.00.990.620.940.910.680.76-0.640.59-0.120.8
0.60.370.630.0-0.710.190.3-0.7-0.190.090.960.340.920.490.580.510.970.630.620.910.47-0.090.59-0.770.75
-0.09-0.19-0.190.050.960.2-0.630.30.30.29-0.66-0.2-0.740.04-0.11-0.03-0.73-0.21-0.2-0.670.04-0.26-0.12-0.77-0.41
0.760.570.950.09-0.390.40.14-0.87-0.070.380.670.610.480.720.790.770.830.790.850.820.71-0.210.80.75-0.41
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Senseonics Holdings Account Relationship Matchups

Senseonics Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets132.6M35.9M198.9M177.7M138.2M93.7M
Short Long Term Debt Total119.2M62.7M63.3M74.7M47.8M49.2M
Other Current Liab37K10.9M13.4M14.7M12.3M6.6M
Total Current Liabilities126.7M16.6M18.4M31.5M17.3M28.3M
Total Stockholder Equity(8.9M)(144.1M)(185.5M)(2.6M)73.5M77.1M
Property Plant And Equipment Net2.0M1.6M1.3M1.1M6.4M6.7M
Net Debt23.3M44.7M29.8M38.9M(27.9M)(26.5M)
Retained Earnings(473.3M)(648.5M)(951.0M)(808.9M)(869.3M)(825.8M)
Accounts Payable4.3M1.8M1.2M419K4.6M3.1M
Cash95.9M18.0M33.5M35.8M75.7M44.8M
Non Current Assets Total5.0M5.7M54.5M16.5M8.2M9.5M
Non Currrent Assets Other3.0M2.2M1.3M3.1M1.8M1.2M
Other Assets(204K)4.1M198.9M76K1.00.95
Cash And Short Term Investments95.9M18.0M129.9M144.0M109.5M71.4M
Common Stock Total Equity203K266K447K480K552K579.6K
Common Stock Shares Outstanding188.8M227.9M422.3M618.2M568.0M596.4M
Liabilities And Stockholders Equity132.6M35.9M198.9M177.7M138.2M93.7M
Non Current Liabilities Total14.7M163.4M366.1M148.8M47.5M85.9M
Other Current Assets223K4.0M6.5M7.4M7.3M7.6M
Other Stockholder Equity464.3M501.4M765.2M768.8M904.5M459.7M
Total Liab141.4M180.0M384.5M180.2M64.8M113.3M
Total Current Assets127.8M30.2M144.4M161.2M130.0M84.3M
Common Stock203K266K447K480K530K556.5K
Other Liab664K103.3M306.3M52.1M59.9M59.1M
Net Tangible Assets(8.6M)(141.3M)(185.5M)35.1M31.6M33.2M
Long Term Debt12.5M57.2M59.8M56.4M41.2M34.6M
Net Receivables10.5M3.0M2.0M2.5M4.5M4.1M
Retained Earnings Total Equity(473.3M)(648.5M)(951.0M)(808.9M)(728.0M)(764.4M)
Capital Surpluse464.5M504.2M765.2M806.5M927.5M973.8M
Inventory16.9M5.3M6.3M7.3M8.8M6.5M
Property Plant And Equipment Gross2.0M1.6M2.8M3.2M3.7M1.9M
Short Long Term Debt103.8M3.2M2.9M15.6M17.9M19.7M
Short Term Debt104.5M4.0M3.8M16.3M368K349.6K
Property Plant Equipment2.0M1.6M1.3M1.1M1.3M1.2M
Current Deferred Revenue628K17.9M10.7M14.3M16.4M8.9M
Long Term Debt Total12.5M57.2M59.8M56.4M64.8M36.3M
Capital Lease Obligations696K794K904K2.7M6.6M6.9M
Non Current Liabilities Other2.3M41.2M70.0M2.7M3.1M2.9M

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