Sanara Long Term Investments vs Short Term Investments Analysis
SMTI Stock | USD 37.70 0.38 1.02% |
Sanara Medtech financial indicator trend analysis is much more than just breaking down Sanara Medtech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanara Medtech is a good investment. Please check the relationship between Sanara Medtech Long Term Investments and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanara Medtech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.
Long Term Investments vs Short Term Investments
Long Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanara Medtech Long Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sanara Medtech's Long Term Investments and Short Term Investments is -0.37. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Sanara Medtech, assuming nothing else is changed. The correlation between historical values of Sanara Medtech's Long Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Sanara Medtech are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Sanara Medtech's Long Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Sanara Medtech balance sheet that represents investments Sanara Medtech intends to hold for over a year. Sanara Medtech long term investments may include different instruments such as stocks, bonds, real estate and cash.Short Term Investments
Short Term Investments is an item under the current assets section of Sanara Medtech balance sheet. It contains any investments Sanara Medtech undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sanara Medtech can easily liquidate in the marketplace.Most indicators from Sanara Medtech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanara Medtech 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 Sanara Medtech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.As of now, Sanara Medtech's Selling General Administrative is increasing as compared to previous years. Tax Provision is expected to grow at the current pace this year, while Issuance Of Capital Stock is projected to decrease to under 982.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 24.1M | 45.8M | 65.0M | 68.2M | Interest Expense | 711.0 | 284.7K | 475.8K | 499.6K |
Sanara Medtech fundamental ratios Correlations
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Sanara Medtech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sanara Medtech fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.1M | 9.8M | 36.4M | 61.0M | 73.9M | 77.6M | |
Short Long Term Debt Total | 2.1M | 481.4K | 425.4K | 819.2K | 11.8M | 12.4M | |
Other Current Liab | 2.2M | 2.8M | 5.0M | 10.8M | 10.5M | 11.0M | |
Total Current Liabilities | 2.6M | 3.5M | 6.0M | 12.8M | 13.8M | 14.5M | |
Total Stockholder Equity | 6.6M | 6.2M | 30.6M | 41.8M | 44.8M | 47.1M | |
Property Plant And Equipment Net | 790.2K | 1.1M | 2.0M | 2.2M | 3.3M | 3.4M | |
Net Debt | (4.5M) | 26.0K | (18.2M) | (8.1M) | 6.6M | 7.0M | |
Retained Earnings | (2.7M) | (7.0M) | (15.2M) | (23.4M) | (28.0M) | (29.4M) | |
Accounts Payable | 337.5K | 494.8K | 594.0K | 1.4M | 2.0M | 2.1M | |
Cash | 6.6M | 455.4K | 18.7M | 9.0M | 5.1M | 5.4M | |
Non Current Assets Total | 2.3M | 5.3M | 11.8M | 40.4M | 54.9M | 57.6M | |
Non Currrent Assets Other | (2.3M) | (5.3M) | (11.8M) | (40.4M) | (19.0M) | (18.1M) | |
Cash And Short Term Investments | 6.6M | 455.4K | 18.7M | 9.0M | 5.1M | 5.4M | |
Net Receivables | 1.3M | 2.3M | 3.0M | 7.0M | 8.5M | 9.0M | |
Common Stock Shares Outstanding | 2.1M | 5.7M | 7.3M | 7.9M | 8.3M | 8.7M | |
Liabilities And Stockholders Equity | 11.1M | 9.8M | 36.4M | 61.0M | 73.9M | 77.6M | |
Non Current Liabilities Total | 2.1M | 446.1K | 222.2K | 6.5M | 15.5M | 16.3M | |
Other Current Assets | 161.9K | 611.8K | 917.3K | 1.1M | 608.4K | 638.8K | |
Other Stockholder Equity | (2.1M) | 13.2M | 45.9M | 65.2M | 72.9M | 76.5M | |
Total Liab | 4.7M | 4.0M | 6.2M | 19.3M | 29.3M | 30.7M | |
Total Current Assets | 8.9M | 4.5M | 24.6M | 20.6M | 19.0M | 20.0M | |
Short Term Debt | 117.5K | 251.2K | 406.6K | 627.9K | 1.3M | 762.3K | |
Common Stock | 3.6K | 6.3K | 7.7K | 8.3K | 8.5K | 8.1K | |
Inventory | 746.5K | 1.1M | 2.0M | 3.5M | 4.7M | 5.0M | |
Common Stock Total Equity | 236.6K | 3.6K | 6.3K | 8.3K | 9.5K | 9.1K | |
Property Plant And Equipment Gross | 790.2K | 1.1M | 2.4M | 3.0M | 4.4M | 4.7M | |
Intangible Assets | 1.5M | 3.1M | 4.7M | 31.5M | 44.9M | 47.2M | |
Net Tangible Assets | (6.2M) | 3.1M | 25.9M | 6.7M | 7.7M | 8.1M | |
Property Plant Equipment | 790.2K | 1.1M | 2.0M | 1.4M | 1.6M | 1.7M | |
Net Invested Capital | (3.3M) | 6.2M | 30.6M | 41.8M | 54.5M | 57.3M | |
Net Working Capital | 6.2M | 942.4K | 18.6M | 7.8M | 5.2M | 6.2M | |
Capital Stock | 11.4M | 6.3K | 7.7K | 8.3K | 8.5K | 8.1K |
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When determining whether Sanara Medtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sanara Medtech'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 Sanara Medtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sanara Medtech Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanara Medtech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Sanara Medtech. If investors know Sanara 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 Sanara Medtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Revenue Per Share 9.241 | Quarterly Revenue Growth 0.352 | Return On Assets (0.05) | Return On Equity (0.20) |
The market value of Sanara Medtech is measured differently than its book value, which is the value of Sanara that is recorded on the company's balance sheet. Investors also form their own opinion of Sanara Medtech's value that differs from its market value or its book value, called intrinsic value, which is Sanara Medtech'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 Sanara Medtech's market value can be influenced by many factors that don't directly affect Sanara Medtech'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 Sanara Medtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanara Medtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanara Medtech'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.