Sensus Stock Based Compensation vs Net Income Analysis

SRTS Stock  USD 8.89  0.04  0.45%   
Sensus Healthcare financial indicator trend analysis is much more than just breaking down Sensus Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensus Healthcare is a good investment. Please check the relationship between Sensus Healthcare Stock Based Compensation and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sensus Healthcare. 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 information on how to buy Sensus Stock please use our How to Invest in Sensus Healthcare guide.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sensus Healthcare Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sensus Healthcare's Stock Based Compensation and Net Income is -0.13. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Sensus Healthcare, assuming nothing else is changed. The correlation between historical values of Sensus Healthcare's Stock Based Compensation and Net Income 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 Sensus Healthcare are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Sensus Healthcare's Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Sensus Healthcare financial statement analysis. It represents the amount of money remaining after all of Sensus Healthcare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Sensus Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensus Healthcare 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 Sensus Healthcare. 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 information on how to buy Sensus Stock please use our How to Invest in Sensus Healthcare guide.At this time, Sensus Healthcare's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 602.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit17.0M29.6M14.1M14.1M
Total Revenue27.0M44.5M24.4M22.1M

Sensus Healthcare fundamental ratios Correlations

0.910.350.090.810.880.540.820.8-0.33-0.810.010.820.830.70.420.340.910.860.940.710.570.860.980.870.76
0.910.280.180.741.00.40.90.65-0.54-0.890.340.790.930.810.490.040.990.910.880.60.620.850.90.780.71
0.350.280.420.510.240.310.170.33-0.43-0.08-0.190.530.150.29-0.070.150.370.260.580.310.020.060.360.50.17
0.090.180.420.20.180.250.11-0.07-0.43-0.06-0.110.410.04-0.05-0.11-0.090.20.320.32-0.02-0.11-0.010.250.15-0.1
0.810.740.510.20.680.470.620.54-0.53-0.630.00.960.670.340.120.210.760.850.790.540.260.660.780.960.42
0.881.00.240.180.680.350.910.61-0.54-0.90.380.740.940.820.52-0.010.980.890.850.550.650.850.870.720.71
0.540.40.310.250.470.350.240.790.13-0.09-0.450.550.140.35-0.040.720.350.550.50.880.060.180.610.650.46
0.820.90.170.110.620.910.240.55-0.57-0.940.550.670.850.770.77-0.140.90.790.770.490.860.750.80.650.84
0.80.650.33-0.070.540.610.790.550.1-0.47-0.210.560.510.720.260.570.640.580.690.970.440.550.80.730.79
-0.33-0.54-0.43-0.43-0.53-0.540.13-0.570.10.53-0.57-0.58-0.5-0.29-0.410.57-0.56-0.51-0.470.09-0.41-0.26-0.31-0.39-0.21
-0.81-0.89-0.08-0.06-0.63-0.9-0.09-0.94-0.470.53-0.51-0.64-0.95-0.68-0.650.22-0.9-0.75-0.74-0.38-0.77-0.87-0.77-0.62-0.71
0.010.34-0.19-0.110.00.38-0.450.55-0.21-0.57-0.510.010.390.390.63-0.780.320.170.0-0.20.60.18-0.05-0.060.29
0.820.790.530.410.960.740.550.670.56-0.58-0.640.010.660.40.150.20.80.920.840.580.280.660.830.940.45
0.830.930.150.040.670.940.140.850.51-0.5-0.950.390.660.720.48-0.130.940.780.770.410.620.910.80.660.62
0.70.810.29-0.050.340.820.350.770.72-0.29-0.680.390.40.720.580.020.80.550.680.650.720.590.670.480.82
0.420.49-0.07-0.110.120.52-0.040.770.26-0.41-0.650.630.150.480.58-0.320.470.290.380.180.970.290.380.150.8
0.340.040.15-0.090.21-0.010.72-0.140.570.570.22-0.780.2-0.130.02-0.320.020.190.280.59-0.250.10.370.360.14
0.910.990.370.20.760.980.350.90.64-0.56-0.90.320.80.940.80.470.020.880.910.570.620.860.890.780.7
0.860.910.260.320.850.890.550.790.58-0.51-0.750.170.920.780.550.290.190.880.820.610.40.770.880.870.55
0.940.880.580.320.790.850.50.770.69-0.47-0.740.00.840.770.680.380.280.910.820.610.520.740.950.820.67
0.710.60.31-0.020.540.550.880.490.970.09-0.38-0.20.580.410.650.180.590.570.610.610.340.430.730.750.72
0.570.620.02-0.110.260.650.060.860.44-0.41-0.770.60.280.620.720.97-0.250.620.40.520.340.460.530.310.89
0.860.850.06-0.010.660.850.180.750.55-0.26-0.870.180.660.910.590.290.10.860.770.740.430.460.820.660.53
0.980.90.360.250.780.870.610.80.8-0.31-0.77-0.050.830.80.670.380.370.890.880.950.730.530.820.850.74
0.870.780.50.150.960.720.650.650.73-0.39-0.62-0.060.940.660.480.150.360.780.870.820.750.310.660.850.56
0.760.710.17-0.10.420.710.460.840.79-0.21-0.710.290.450.620.820.80.140.70.550.670.720.890.530.740.56
Click cells to compare fundamentals

Sensus Healthcare Account Relationship Matchups

Sensus Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.2M16.4M16.5M16.6M16.3M15.2M
Total Assets36.9M28.0M32.2M56.7M53.7M32.5M
Other Current Liab187.5K(418.9K)508K403K351K333.5K
Total Current Liabilities6.5M4.9M6.0M7.7M4.2M5.8M
Total Stockholder Equity28.0M21.5M26.0M48.1M48.8M25.9M
Other Liab1.3M579.3K262K139K159.9K151.9K
Net Tangible Assets27.7M21.2M25.9M48.0M55.2M58.0M
Property Plant And Equipment Net2.5M2.4M774K1.2M1.2M1.2M
Current Deferred Revenue1.2M1.5M1.2M693K657K765.9K
Net Debt(6.7M)(13.5M)(14.3M)(24.5M)(22.4M)(21.2M)
Retained Earnings(15.2M)(22.1M)(17.9M)6.3M6.8M7.1M
Accounts Payable4.8M2.9M4.1M5.5M2.8M3.9M
Cash8.1M14.9M14.5M25.5M23.1M13.6M
Non Current Assets Total2.9M2.8M995K3.0M4.2M2.3M
Non Currrent Assets Other101.6K69.4K75K24K804.0K844.2K
Other Assets101.6K69.4K75K1.01.151.09
Cash And Short Term Investments15.5M14.9M14.5M25.5M23.1M15.5M
Net Receivables14.0M3.8M12.1M17.3M10.6M9.0M
Common Stock Total Equity165.4K165.6K167K169K194.4K134.4K
Liabilities And Stockholders Equity36.9M28.0M32.2M56.7M53.7M32.5M
Non Current Liabilities Total2.5M1.7M262K969K673K766.7K
Inventory3.0M4.4M1.8M3.5M11.9M12.5M
Other Current Assets1.5M4.1M5.4M6.9M3.9M2.8M
Other Stockholder Equity43.1M43.4M43.8M41.6M41.9M36.0M
Total Liab8.9M6.5M6.2M8.7M4.9M6.5M
Property Plant And Equipment Gross2.5M2.4M774K1.2M3.1M3.3M
Total Current Assets34.0M25.2M31.2M53.7M49.5M30.2M
Short Term Debt309.5K606.4K225K190K374K392.7K
Intangible Assets337.4K337.9K146K50K45K42.8K
Common Stock165.4K165.6K167K169K194.4K139.6K
Property Plant Equipment2.5M1.4M774K243K279.5K265.5K
Capital Surpluse43.3M43.7M44.1M45.0M51.8M37.9M
Deferred Long Term Liab1.3M579.3K262K139K159.9K151.9K
Retained Earnings Total Equity(15.2M)(22.1M)(17.9M)6.3M7.2M7.6M
Treasury Stock(252.6K)(309.9K)(325K)(3.4M)(3.1M)(2.9M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Sensus Stock Analysis

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