Sanara Short Long Term Debt vs Common Stock 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 Short Long Term Debt and its Common Stock 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.

Short Long Term Debt vs Common Stock

Short Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanara Medtech Short Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sanara Medtech's Short Long Term Debt and Common Stock is -0.02. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Common Stock 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 Short Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Sanara Medtech are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Long Term Debt i.e., Sanara Medtech's Short Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Common Stock

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 Revenue24.1M45.8M65.0M68.2M
Interest Expense711.0284.7K475.8K499.6K

Sanara Medtech fundamental ratios Correlations

0.760.950.940.990.98-0.020.260.970.580.98-0.860.580.990.920.90.80.70.950.9-0.07-0.580.99-0.530.99-0.51
0.760.660.720.670.740.54-0.010.830.090.83-0.360.090.770.560.940.260.610.870.490.17-0.320.8-0.280.78-0.23
0.950.660.980.920.91-0.030.280.890.520.93-0.850.520.950.860.820.80.630.940.84-0.08-0.640.93-0.580.92-0.39
0.940.720.980.890.890.080.190.910.430.94-0.820.430.940.810.850.720.690.960.790.1-0.630.93-0.580.91-0.26
0.990.670.920.890.98-0.160.320.940.680.95-0.880.680.960.950.830.860.660.90.95-0.13-0.590.97-0.540.98-0.58
0.980.740.910.890.98-0.070.390.950.630.94-0.80.630.960.960.850.830.590.910.92-0.13-0.660.97-0.611.0-0.58
-0.020.54-0.030.08-0.16-0.07-0.380.16-0.790.160.27-0.790.08-0.220.4-0.490.160.25-0.440.360.250.060.23-0.010.27
0.26-0.010.280.190.320.39-0.380.260.450.18-0.290.450.280.390.090.46-0.480.150.42-0.32-0.690.22-0.770.32-0.48
0.970.830.890.910.940.950.160.260.410.99-0.80.410.980.870.950.710.660.960.80.02-0.570.98-0.540.97-0.49
0.580.090.520.430.680.63-0.790.450.410.41-0.581.00.470.680.220.770.250.350.87-0.3-0.530.51-0.480.59-0.48
0.980.830.930.940.950.940.160.180.990.41-0.820.410.990.870.950.710.720.990.80.0-0.510.99-0.470.97-0.45
-0.86-0.36-0.85-0.82-0.88-0.80.27-0.29-0.8-0.58-0.82-0.58-0.85-0.84-0.62-0.89-0.59-0.75-0.830.110.55-0.830.5-0.80.47
0.580.090.520.430.680.63-0.790.450.411.00.41-0.580.470.680.220.770.250.350.87-0.3-0.530.51-0.480.59-0.48
0.990.770.950.940.960.960.080.280.980.470.99-0.850.470.910.920.770.670.970.84-0.07-0.60.99-0.550.98-0.5
0.920.560.860.810.950.96-0.220.390.870.680.87-0.840.680.910.720.920.570.80.92-0.23-0.60.92-0.540.94-0.66
0.90.940.820.850.830.850.40.090.950.220.95-0.620.220.920.720.480.670.960.640.05-0.40.92-0.370.89-0.4
0.80.260.80.720.860.83-0.490.460.710.770.71-0.890.770.770.920.480.450.630.9-0.28-0.660.77-0.60.8-0.56
0.70.610.630.690.660.590.16-0.480.660.250.72-0.590.250.670.570.670.450.710.530.21-0.070.720.030.64-0.09
0.950.870.940.960.90.910.250.150.960.350.99-0.750.350.970.80.960.630.710.750.05-0.530.96-0.480.94-0.34
0.90.490.840.790.950.92-0.440.420.80.870.8-0.830.870.840.920.640.90.530.75-0.21-0.660.86-0.60.9-0.56
-0.070.17-0.080.1-0.13-0.130.36-0.320.02-0.30.00.11-0.3-0.07-0.230.05-0.280.210.05-0.21-0.03-0.04-0.05-0.090.51
-0.58-0.32-0.64-0.63-0.59-0.660.25-0.69-0.57-0.53-0.510.55-0.53-0.6-0.6-0.4-0.66-0.07-0.53-0.66-0.03-0.560.98-0.620.22
0.990.80.930.930.970.970.060.220.980.510.99-0.830.510.990.920.920.770.720.960.86-0.04-0.56-0.50.99-0.51
-0.53-0.28-0.58-0.58-0.54-0.610.23-0.77-0.54-0.48-0.470.5-0.48-0.55-0.54-0.37-0.60.03-0.48-0.6-0.050.98-0.5-0.570.23
0.990.780.920.910.981.0-0.010.320.970.590.97-0.80.590.980.940.890.80.640.940.9-0.09-0.620.99-0.57-0.54
-0.51-0.23-0.39-0.26-0.58-0.580.27-0.48-0.49-0.48-0.450.47-0.48-0.5-0.66-0.4-0.56-0.09-0.34-0.560.510.22-0.510.23-0.54
Click cells to compare fundamentals

Sanara Medtech Account Relationship Matchups

Sanara Medtech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1M9.8M36.4M61.0M73.9M77.6M
Short Long Term Debt Total2.1M481.4K425.4K819.2K11.8M12.4M
Other Current Liab2.2M2.8M5.0M10.8M10.5M11.0M
Total Current Liabilities2.6M3.5M6.0M12.8M13.8M14.5M
Total Stockholder Equity6.6M6.2M30.6M41.8M44.8M47.1M
Property Plant And Equipment Net790.2K1.1M2.0M2.2M3.3M3.4M
Net Debt(4.5M)26.0K(18.2M)(8.1M)6.6M7.0M
Retained Earnings(2.7M)(7.0M)(15.2M)(23.4M)(28.0M)(29.4M)
Accounts Payable337.5K494.8K594.0K1.4M2.0M2.1M
Cash6.6M455.4K18.7M9.0M5.1M5.4M
Non Current Assets Total2.3M5.3M11.8M40.4M54.9M57.6M
Non Currrent Assets Other(2.3M)(5.3M)(11.8M)(40.4M)(19.0M)(18.1M)
Cash And Short Term Investments6.6M455.4K18.7M9.0M5.1M5.4M
Net Receivables1.3M2.3M3.0M7.0M8.5M9.0M
Common Stock Shares Outstanding2.1M5.7M7.3M7.9M8.3M8.7M
Liabilities And Stockholders Equity11.1M9.8M36.4M61.0M73.9M77.6M
Non Current Liabilities Total2.1M446.1K222.2K6.5M15.5M16.3M
Other Current Assets161.9K611.8K917.3K1.1M608.4K638.8K
Other Stockholder Equity(2.1M)13.2M45.9M65.2M72.9M76.5M
Total Liab4.7M4.0M6.2M19.3M29.3M30.7M
Total Current Assets8.9M4.5M24.6M20.6M19.0M20.0M
Short Term Debt117.5K251.2K406.6K627.9K1.3M762.3K
Common Stock3.6K6.3K7.7K8.3K8.5K8.1K
Inventory746.5K1.1M2.0M3.5M4.7M5.0M
Common Stock Total Equity236.6K3.6K6.3K8.3K9.5K9.1K
Property Plant And Equipment Gross790.2K1.1M2.4M3.0M4.4M4.7M
Intangible Assets1.5M3.1M4.7M31.5M44.9M47.2M
Net Tangible Assets(6.2M)3.1M25.9M6.7M7.7M8.1M
Property Plant Equipment790.2K1.1M2.0M1.4M1.6M1.7M
Net Invested Capital(3.3M)6.2M30.6M41.8M54.5M57.3M
Net Working Capital6.2M942.4K18.6M7.8M5.2M6.2M
Capital Stock11.4M6.3K7.7K8.3K8.5K8.1K

Currently Active Assets on Macroaxis

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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.