Stereotaxis Short Long Term Debt Total vs Net Receivables Analysis

STXS Stock  USD 2.39  0.16  7.17%   
Stereotaxis financial indicator trend analysis is much more than just breaking down Stereotaxis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stereotaxis is a good investment. Please check the relationship between Stereotaxis Short Long Term Debt Total and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stereotaxis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.

Short Long Term Debt Total vs Net Receivables

Short Long Term Debt Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stereotaxis Short Long Term Debt Total account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stereotaxis' Short Long Term Debt Total and Net Receivables is 0.85. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Stereotaxis, assuming nothing else is changed. The correlation between historical values of Stereotaxis' Short Long Term Debt Total and Net Receivables 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 Total of Stereotaxis are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Long Term Debt Total i.e., Stereotaxis' Short Long Term Debt Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Net Receivables

Most indicators from Stereotaxis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stereotaxis 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 Stereotaxis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.Selling General Administrative is likely to drop to about 13.3 M in 2024. Issuance Of Capital Stock is likely to drop to about 110.2 K in 2024
 2021 2022 2023 2024 (projected)
Total Revenue35.0M28.1M26.8M34.4M
Depreciation And Amortization105.7K429K595K961.3K

Stereotaxis fundamental ratios Correlations

0.75-0.230.2-0.16-0.090.62-0.05-0.47-0.18-0.12-0.46-0.250.240.630.0-0.430.440.7-0.240.840.030.670.360.590.59
0.75-0.030.420.220.290.74-0.52-0.39-0.77-0.64-0.55-0.730.170.49-0.55-0.84-0.140.81-0.650.94-0.560.64-0.060.030.49
-0.23-0.030.740.920.91-0.64-0.060.03-0.20.11-0.09-0.07-0.57-0.41-0.550.0-0.140.110.130.06-0.22-0.61-0.26-0.15-0.45
0.20.420.740.860.86-0.08-0.17-0.24-0.45-0.2-0.33-0.39-0.160.26-0.6-0.270.040.32-0.210.41-0.42-0.10.08-0.10.2
-0.160.220.920.860.99-0.35-0.25-0.01-0.49-0.22-0.18-0.36-0.43-0.21-0.74-0.28-0.310.26-0.150.23-0.53-0.4-0.26-0.35-0.2
-0.090.290.910.860.99-0.31-0.29-0.04-0.52-0.25-0.2-0.39-0.43-0.21-0.77-0.33-0.320.32-0.180.31-0.56-0.37-0.27-0.33-0.21
0.620.74-0.64-0.08-0.35-0.31-0.4-0.24-0.48-0.59-0.37-0.520.50.72-0.09-0.62-0.050.48-0.650.58-0.320.920.140.050.78
-0.05-0.52-0.06-0.17-0.25-0.29-0.40.020.730.87-0.190.310.16-0.020.530.760.49-0.380.93-0.410.72-0.280.470.41-0.07
-0.47-0.390.03-0.24-0.01-0.04-0.240.020.140.130.180.17-0.47-0.360.090.36-0.34-0.470.17-0.440.05-0.190.03-0.35-0.23
-0.18-0.77-0.2-0.45-0.49-0.52-0.480.730.140.830.390.86-0.06-0.10.820.830.63-0.540.73-0.590.88-0.280.390.53-0.13
-0.12-0.640.11-0.2-0.22-0.25-0.590.870.130.83-0.080.57-0.08-0.230.560.850.57-0.410.92-0.460.85-0.370.350.52-0.28
-0.46-0.55-0.09-0.33-0.18-0.2-0.37-0.190.180.39-0.080.69-0.31-0.310.330.20.01-0.41-0.07-0.470.09-0.4-0.15-0.1-0.3
-0.25-0.73-0.07-0.39-0.36-0.39-0.520.310.170.860.570.69-0.27-0.220.70.650.53-0.490.4-0.540.68-0.330.190.42-0.25
0.240.17-0.57-0.16-0.43-0.430.50.16-0.47-0.06-0.08-0.31-0.270.510.21-0.050.11-0.06-0.080.04-0.060.410.36-0.050.45
0.630.49-0.410.26-0.21-0.210.72-0.02-0.36-0.1-0.23-0.31-0.220.510.14-0.20.460.22-0.350.390.00.740.510.310.96
0.0-0.55-0.55-0.6-0.74-0.77-0.090.530.090.820.560.330.70.210.140.660.57-0.530.45-0.480.79-0.010.540.520.1
-0.43-0.840.0-0.27-0.28-0.33-0.620.760.360.830.850.20.65-0.05-0.20.660.42-0.820.81-0.790.77-0.460.370.26-0.27
0.44-0.14-0.140.04-0.31-0.32-0.050.49-0.340.630.570.010.530.110.460.570.42-0.040.350.010.690.220.570.780.35
0.70.810.110.320.260.320.48-0.38-0.47-0.54-0.41-0.41-0.49-0.060.22-0.53-0.82-0.04-0.440.91-0.390.47-0.210.190.28
-0.24-0.650.13-0.21-0.15-0.18-0.650.930.170.730.92-0.070.4-0.08-0.350.450.810.35-0.44-0.510.71-0.520.280.32-0.4
0.840.940.060.410.230.310.58-0.41-0.44-0.59-0.46-0.47-0.540.040.39-0.48-0.790.010.91-0.51-0.420.55-0.040.220.39
0.03-0.56-0.22-0.42-0.53-0.56-0.320.720.050.880.850.090.68-0.060.00.790.770.69-0.390.71-0.42-0.110.290.75-0.07
0.670.64-0.61-0.1-0.4-0.370.92-0.28-0.19-0.28-0.37-0.4-0.330.410.74-0.01-0.460.220.47-0.520.55-0.110.20.210.8
0.36-0.06-0.260.08-0.26-0.270.140.470.030.390.35-0.150.190.360.510.540.370.57-0.210.28-0.040.290.20.30.49
0.590.03-0.15-0.1-0.35-0.330.050.41-0.350.530.52-0.10.42-0.050.310.520.260.780.190.320.220.750.210.30.24
0.590.49-0.450.2-0.2-0.210.78-0.07-0.23-0.13-0.28-0.3-0.250.450.960.1-0.270.350.28-0.40.39-0.070.80.490.24
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Stereotaxis Account Relationship Matchups

Stereotaxis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.6M55.5M61.0M53.4M41.9M33.6M
Total Stockholder Equity28.5M40.2M39.4M31.9M16.3M10.1M
Retained Earnings(481.3M)(488.0M)(498.7M)(517.0M)(537.7M)(564.6M)
Non Current Assets Total4.8M503.6K9.6M10.2M8.6M4.7M
Non Currrent Assets Other218.1K308.5K278.2K208K356K338.2K
Other Assets218.1K2.5M1.2M952K1.00.95
Common Stock Shares Outstanding63.1M72.7M75.6M76.1M80.7M84.7M
Liabilities And Stockholders Equity43.6M55.5M61.0M53.4M41.9M33.6M
Non Current Liabilities Total2.9M1.7M8.3M7.2M6.7M9.6M
Other Stockholder Equity504.0M522.5M(5.0B)543.2M553.9M581.6M
Total Liab15.1M15.2M21.6M21.5M20.0M32.1M
Other Current Liab2.7M3.0M2.4M2.9M3.0M5.8M
Total Current Liabilities12.2M13.6M13.3M14.3M13.2M17.1M
Other Liab809.8K680.1K2.5M1.7M2.0M1.1M
Property Plant And Equipment Net4.5M195.1K8.4M9.2M8.3M8.7M
Current Deferred Revenue5.1M5.3M6.3M7.3M6.7M6.9M
Net Debt(25.8M)(39.5M)(32.6M)(2.7M)(14.3M)(13.6M)
Accounts Payable2.1M1.6M4.2M3.3M3.2M2.8M
Cash30.2M43.9M38.7M8.6M19.8M20.7M
Cash And Short Term Investments30.2M43.9M38.7M28.4M19.8M18.2M
Net Receivables5.3M3.5M5.4M5.1M3.8M5.9M
Common Stock Total Equity68.5K73.7K74.6K75K86.3K90.6K
Inventory1.8M3.3M4.4M7.9M8.4M4.3M
Other Current Assets1.5M2.0M2.8M1.9M1.2M1.7M
Property Plant And Equipment Gross4.5M2.4M8.4M9.2M12.2M12.8M
Total Current Assets38.8M55.0M51.4M43.2M33.3M30.2M
Common Stock68.5K73.7K74.6K75K81K43.9K
Property Plant Equipment250.4K195.1K8.4M3.8M3.4M2.2M
Net Tangible Assets28.5M40.2M33.8M31.9M36.7M38.5M
Retained Earnings Total Equity(481.3M)(488.0M)(498.7M)(517.0M)(465.3M)(488.5M)
Capital Surpluse504.2M522.7M532.6M543.4M625.0M508.0M

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