Tactile Retained Earnings vs Inventory Analysis

TCMD Stock

USD 17.85 1.91 11.98%

Tactile Systems financial indicator trend analysis is much more than just breaking down Tactile Systems Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tactile Systems Tech is a good investment. Please check the relationship between Tactile Systems Retained Earnings and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tactile Systems Tech Retained Earnings account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tactile Systems' Retained Earnings and Inventory is 0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of Tactile Systems Technology, assuming nothing else is changed. The correlation between historical values of Tactile Systems' Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Tactile Systems Technology are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Tactile Systems' Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

Most indicators from Tactile Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tactile Systems Tech 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 Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At present, Tactile Systems' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.57, whereas Tax Provision is projected to grow to (12.1 M).

	2021	2022	2023	2024 (projected)
Gross Profit	148.2M	176.0M	195.1M	113.9M
Total Revenue	208.1M	246.8M	274.4M	159.1M

Gross Profit Total Revenue

Tactile Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.88	0.87	0.92	0.96	0.93	0.84	0.5	0.61	0.82	0.71	0.89	0.82	0.79	0.97	0.86	0.87	0.89	0.97	0.38	0.89	0.93	0.86	0.95	0.87	0.82
Short Long Term Debt Total	0.88		0.83	0.86	0.73	0.85	0.84	0.75	0.38	0.72	0.57	0.96	0.93	0.48	0.9	0.61	0.68	0.97	0.8	0.45	0.79	0.96	0.9	0.73	0.95	0.96
Other Current Liab	0.87	0.83		0.96	0.74	0.74	0.7	0.58	0.24	0.94	0.53	0.82	0.91	0.56	0.9	0.69	0.67	0.84	0.81	0.31	0.74	0.92	0.68	0.76	0.8	0.79
Total Current Liabilities	0.92	0.86	0.96		0.81	0.84	0.79	0.6	0.35	0.94	0.55	0.86	0.92	0.63	0.94	0.74	0.74	0.88	0.9	0.33	0.79	0.95	0.78	0.83	0.84	0.81
Total Stockholder Equity	0.96	0.73	0.74	0.81		0.88	0.8	0.24	0.77	0.75	0.8	0.81	0.65	0.9	0.89	0.91	0.9	0.74	0.95	0.31	0.91	0.79	0.81	0.98	0.77	0.69
Property Plant And Equipment Net	0.93	0.85	0.74	0.84	0.88		0.85	0.53	0.64	0.66	0.62	0.82	0.72	0.72	0.95	0.76	0.81	0.88	0.94	0.52	0.79	0.89	0.82	0.9	0.81	0.71
Current Deferred Revenue	0.84	0.84	0.7	0.79	0.8	0.85		0.39	0.62	0.63	0.78	0.93	0.8	0.59	0.84	0.62	0.74	0.76	0.82	0.56	0.87	0.79	0.91	0.78	0.92	0.83
Net Debt	0.5	0.75	0.58	0.6	0.24	0.53	0.39		-0.19	0.44	-0.11	0.57	0.74	-0.06	0.57	0.15	0.27	0.81	0.4	0.34	0.22	0.75	0.51	0.25	0.58	0.68
Retained Earnings	0.61	0.38	0.24	0.35	0.77	0.64	0.62	-0.19		0.3	0.82	0.52	0.2	0.84	0.53	0.72	0.75	0.31	0.69	0.16	0.76	0.33	0.62	0.77	0.49	0.33
Accounts Payable	0.82	0.72	0.94	0.94	0.75	0.66	0.63	0.44	0.3		0.54	0.76	0.85	0.65	0.82	0.76	0.66	0.72	0.81	0.02	0.77	0.83	0.67	0.78	0.72	0.72
Cash	0.71	0.57	0.53	0.55	0.8	0.62	0.78	-0.11	0.82	0.54		0.73	0.48	0.79	0.64	0.74	0.68	0.45	0.7	0.25	0.91	0.5	0.72	0.79	0.72	0.6
Non Current Assets Total	0.89	0.96	0.82	0.86	0.81	0.82	0.93	0.57	0.52	0.76	0.73		0.92	0.57	0.88	0.67	0.75	0.88	0.82	0.42	0.9	0.9	0.96	0.78	0.99	0.97
Non Currrent Assets Other	0.82	0.93	0.91	0.92	0.65	0.72	0.8	0.74	0.2	0.85	0.48	0.92		0.39	0.85	0.55	0.62	0.89	0.74	0.35	0.74	0.93	0.83	0.65	0.91	0.93
Cash And Short Term Investments	0.79	0.48	0.56	0.63	0.9	0.72	0.59	-0.06	0.84	0.65	0.79	0.57	0.39		0.71	0.96	0.8	0.48	0.85	0.04	0.84	0.55	0.6	0.94	0.52	0.41
Net Receivables	0.97	0.9	0.9	0.94	0.89	0.95	0.84	0.57	0.53	0.82	0.64	0.88	0.85	0.71		0.79	0.82	0.92	0.95	0.46	0.83	0.96	0.81	0.91	0.86	0.8
Common Stock Total Equity	0.86	0.61	0.69	0.74	0.91	0.76	0.62	0.15	0.72	0.76	0.74	0.67	0.55	0.96	0.79		0.82	0.62	0.88	0.04	0.87	0.69	0.68	0.95	0.6	0.55
Common Stock Shares Outstanding	0.87	0.68	0.67	0.74	0.9	0.81	0.74	0.27	0.75	0.66	0.68	0.75	0.62	0.8	0.82	0.82		0.66	0.9	0.34	0.84	0.72	0.78	0.9	0.71	0.64
Non Current Liabilities Total	0.89	0.97	0.84	0.88	0.74	0.88	0.76	0.81	0.31	0.72	0.45	0.88	0.89	0.48	0.92	0.62	0.66		0.81	0.47	0.7	0.98	0.82	0.73	0.87	0.89
Inventory	0.97	0.8	0.81	0.9	0.95	0.94	0.82	0.4	0.69	0.81	0.7	0.82	0.74	0.85	0.95	0.88	0.9	0.81		0.31	0.88	0.87	0.83	0.97	0.8	0.7
Other Current Assets	0.38	0.45	0.31	0.33	0.31	0.52	0.56	0.34	0.16	0.02	0.25	0.42	0.35	0.04	0.46	0.04	0.34	0.47	0.31		0.22	0.43	0.32	0.26	0.44	0.36
Other Stockholder Equity	0.89	0.79	0.74	0.79	0.91	0.79	0.87	0.22	0.76	0.77	0.91	0.9	0.74	0.84	0.83	0.87	0.84	0.7	0.88	0.22		0.75	0.89	0.91	0.86	0.79
Total Liab	0.93	0.96	0.92	0.95	0.79	0.89	0.79	0.75	0.33	0.83	0.5	0.9	0.93	0.55	0.96	0.69	0.72	0.98	0.87	0.43	0.75		0.83	0.79	0.88	0.88
Property Plant And Equipment Gross	0.86	0.9	0.68	0.78	0.81	0.82	0.91	0.51	0.62	0.67	0.72	0.96	0.83	0.6	0.81	0.68	0.78	0.82	0.83	0.32	0.89	0.83		0.78	0.95	0.91
Total Current Assets	0.95	0.73	0.76	0.83	0.98	0.9	0.78	0.25	0.77	0.78	0.79	0.78	0.65	0.94	0.91	0.95	0.9	0.73	0.97	0.26	0.91	0.79	0.78		0.74	0.64
Short Term Debt	0.87	0.95	0.8	0.84	0.77	0.81	0.92	0.58	0.49	0.72	0.72	0.99	0.91	0.52	0.86	0.6	0.71	0.87	0.8	0.44	0.86	0.88	0.95	0.74		0.96
Intangible Assets	0.82	0.96	0.79	0.81	0.69	0.71	0.83	0.68	0.33	0.72	0.6	0.97	0.93	0.41	0.8	0.55	0.64	0.89	0.7	0.36	0.79	0.88	0.91	0.64	0.96

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Tactile Systems Account Relationship Matchups

Tactile Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	151.8M	174.1M	244.3M	255.0M	281.4M	147.4M
Short Long Term Debt Total	16.6M	21.4M	83.9M	72.2M	50.4M	52.9M
Other Current Liab	903K	17.9M	24.0M	46.5M	27.0M	15.4M
Total Current Liabilities	21.4M	26.7M	34.5M	64.3M	41.1M	25.4M
Total Stockholder Equity	112.6M	124.8M	128.2M	121.4M	193.6M	97.6M
Property Plant And Equipment Net	23.3M	27.1M	30.7M	27.4M	25.3M	14.8M
Current Deferred Revenue	15.2M	18.7M	17.4M	24.2M	27.8M	29.2M
Net Debt	(6.2M)	(26.5M)	55.6M	50.3M	(10.7M)	(10.1M)
Retained Earnings	20.7M	20.1M	8.2M	(9.6M)	18.9M	19.8M
Accounts Payable	3.8M	4.2M	5.0M	10.0M	6.7M	5.2M
Cash	22.8M	47.9M	28.2M	21.9M	61.0M	64.1M
Non Current Assets Total	43.4M	50.5M	130.7M	135.2M	136.1M	143.0M
Non Currrent Assets Other	1.7M	2.1M	14.8M	26.4M	13.4M	14.0M
Cash And Short Term Investments	53.4M	58.6M	40.7M	38.1M	61.0M	40.2M
Net Receivables	33.4M	53.3M	62.0M	71.0M	57.4M	37.5M
Common Stock Shares Outstanding	19.6M	19.3M	19.7M	20.1M	23.2M	19.1M
Liabilities And Stockholders Equity	151.8M	174.1M	244.3M	255.0M	281.4M	147.4M
Non Current Liabilities Total	17.7M	22.6M	81.6M	69.3M	46.7M	24.4M
Inventory	19.1M	18.6M	19.2M	23.1M	22.5M	14.3M
Other Current Assets	2.5M	5.3M	4.1M	3.8M	4.4M	3.4M
Other Stockholder Equity	91.9M	104.7M	120.0M	131.0M	174.7M	183.5M
Total Liab	39.2M	49.3M	116.0M	133.6M	87.8M	49.7M
Property Plant And Equipment Gross	23.3M	7.0M	30.7M	27.4M	33.9M	35.6M
Total Current Assets	108.3M	123.6M	113.5M	119.8M	145.3M	91.4M
Short Term Debt	1.5M	2.0M	5.5M	5.5M	5.8M	6.1M
Intangible Assets	5.3M	1.7M	54.1M	50.4M	46.7M	49.1M
Other Liab	2.6M	3.2M	6.4M	2.5M	2.9M	2.3M
Net Tangible Assets	107.3M	123.1M	43.1M	40.0M	46.0M	62.1M
Other Assets	14.1M	41.8M	14.8M	26.1M	30.0M	31.5M
Short Term Investments	30.6M	10.7M	12.5M	16.1M	14.2M	17.9M
Property Plant Equipment	23.3M	7.0M	6.8M	6.1M	7.0M	6.8M
Retained Earnings Total Equity	20.7M	20.1M	8.2M	(9.6M)	(11.1M)	(10.5M)
Capital Surpluse	91.9M	104.7M	120.0M	131.0M	150.7M	103.7M

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When determining whether Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:

How To Invest In Tactile

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Is Tactile Stock a good investment?

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What is Tactile Systems' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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 Tactile Systems. If investors know Tactile 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 Tactile Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.78)

Earnings Share

0.65

Revenue Per Share

11.991

Quarterly Revenue Growth

0.05

Return On Assets

0.0462

The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' 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 Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' 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 Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' 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.

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Tactile Retained Earnings vs Inventory Analysis

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

Correlation Coefficient

Retained Earnings

Inventory

Tactile Systems fundamental ratios Correlations

Tactile Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tactile Systems fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Liabilities Total
Net Receivables	+ 0.97	Total Assets
Inventory	+ 0.97	Total Assets
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total

Retained Earnings	- 0.19	Net Debt
Cash	- 0.11	Net Debt
Cash And Short Term Investments	- 0.06	Net Debt