Tandem Inventory vs Non Currrent Assets Other Analysis

TNDM Stock  USD 30.81  0.07  0.23%   
Tandem Diabetes financial indicator trend analysis is much more than just breaking down Tandem Diabetes Care prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tandem Diabetes Care is a good investment. Please check the relationship between Tandem Diabetes Inventory and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandem Diabetes Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tandem Diabetes Care Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tandem Diabetes' Inventory and Non Currrent Assets Other is 0.5. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Tandem Diabetes Care, assuming nothing else is changed. The correlation between historical values of Tandem Diabetes' Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tandem Diabetes Care are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Tandem Diabetes' Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Tandem Diabetes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tandem Diabetes Care 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 Tandem Diabetes Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Tandem Diabetes' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 2.5 M, while Enterprise Value Over EBITDA is likely to drop (12.28).
 2021 2023 2024 (projected)
Interest Expense4.3M9.9M6.0M
Depreciation And Amortization13.8M15.7M8.0M

Tandem Diabetes fundamental ratios Correlations

0.970.820.960.880.980.940.9-0.860.820.650.940.620.690.910.990.230.890.970.940.920.90.860.960.891.0
0.970.690.930.760.960.960.97-0.820.850.570.960.650.670.820.940.140.780.920.980.940.880.770.980.940.95
0.820.690.810.890.820.70.63-0.80.610.510.680.480.590.880.870.30.920.850.650.690.740.910.710.620.84
0.960.930.810.770.980.960.91-0.930.880.50.960.540.610.790.960.120.920.90.90.970.890.840.950.950.94
0.880.760.890.770.810.720.63-0.760.650.760.70.560.640.970.880.360.860.90.680.670.740.930.720.620.9
0.980.960.820.980.810.940.94-0.920.850.520.950.590.70.840.980.20.90.950.930.960.930.860.970.920.97
0.940.960.70.960.720.940.92-0.840.890.591.00.640.590.760.920.070.810.860.940.970.80.770.970.980.91
0.90.970.630.910.630.940.92-0.790.810.350.930.580.650.720.890.10.730.870.970.930.90.680.970.920.88
-0.86-0.82-0.8-0.93-0.76-0.92-0.84-0.79-0.9-0.44-0.85-0.48-0.64-0.71-0.89-0.19-0.91-0.81-0.74-0.89-0.83-0.91-0.81-0.83-0.85
0.820.850.610.880.650.850.890.81-0.90.480.890.650.450.650.84-0.070.770.730.790.870.690.790.830.880.8
0.650.570.510.50.760.520.590.35-0.440.480.560.570.410.720.590.240.510.570.510.460.360.610.520.480.66
0.940.960.680.960.70.951.00.93-0.850.890.560.630.590.740.910.050.790.850.950.980.810.750.970.990.91
0.620.650.480.540.560.590.640.58-0.480.650.570.630.360.630.63-0.140.440.570.640.50.340.560.620.560.61
0.690.670.590.610.640.70.590.65-0.640.450.410.590.360.670.70.780.630.720.650.60.710.650.650.510.71
0.910.820.880.790.970.840.760.72-0.710.650.720.740.630.670.910.350.830.940.790.690.780.890.810.660.93
0.990.940.870.960.880.980.920.89-0.890.840.590.910.630.70.910.230.930.980.910.90.910.890.940.870.99
0.230.140.30.120.360.20.070.1-0.19-0.070.240.05-0.140.780.350.230.290.30.130.080.290.30.13-0.030.27
0.890.780.920.920.860.90.810.73-0.910.770.510.790.440.630.830.930.290.890.730.810.820.90.80.760.9
0.970.920.850.90.90.950.860.87-0.810.730.570.850.570.720.940.980.30.890.90.830.920.850.920.80.99
0.940.980.650.90.680.930.940.97-0.740.790.510.950.640.650.790.910.130.730.90.920.860.690.990.920.92
0.920.940.690.970.670.960.970.93-0.890.870.460.980.50.60.690.90.080.810.830.920.860.750.950.980.89
0.90.880.740.890.740.930.80.9-0.830.690.360.810.340.710.780.910.290.820.920.860.860.760.880.80.91
0.860.770.910.840.930.860.770.68-0.910.790.610.750.560.650.890.890.30.90.850.690.750.760.740.690.87
0.960.980.710.950.720.970.970.97-0.810.830.520.970.620.650.810.940.130.80.920.990.950.880.740.950.94
0.890.940.620.950.620.920.980.92-0.830.880.480.990.560.510.660.87-0.030.760.80.920.980.80.690.950.86
1.00.950.840.940.90.970.910.88-0.850.80.660.910.610.710.930.990.270.90.990.920.890.910.870.940.86
Click cells to compare fundamentals

Tandem Diabetes Account Relationship Matchups

Tandem Diabetes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets326.1M716.4M905.1M1.1B952.7M1.0B
Other Current Liab71.5M61.1M75.1M64.5M67.6M34.3M
Total Current Liabilities99.4M103.9M131.9M165.3M195.3M205.0M
Total Stockholder Equity195.0M366.3M433.1M439.9M313.6M160.8M
Other Liab17.7M27.4M34.8M36.1M41.5M43.6M
Property Plant And Equipment Net48.5M69.8M77.9M179.2M164.3M172.5M
Net Debt(30.8M)133.7M243.5M247.4M356.8M374.6M
Retained Earnings(624.8M)(659.2M)(634.6M)(729.2M)(951.8M)(904.2M)
Accounts Payable17.7M17.8M28.0M55.7M49.6M52.1M
Cash51.2M94.6M71.2M172.5M58.9M65.4M
Non Current Assets Total50.0M79.2M93.6M202.8M204.7M214.9M
Non Currrent Assets Other708K580K9.1M19.0M5.2M4.3M
Other Assets708K29.2M9.1M10.7M12.3M12.9M
Cash And Short Term Investments176.5M484.9M623.8M616.9M467.9M242.0M
Net Receivables46.6M82.2M110.7M114.7M105.6M110.8M
Common Stock Total Equity59K14.3M64K65K74.8K71.0K
Common Stock Shares Outstanding58.5M61.0M64.3M64.1M65.0M68.2M
Short Term Investments125.3M390.3M552.6M444.4M409.0M429.5M
Liabilities And Stockholders Equity326.1M716.4M905.1M1.1B952.7M1.0B
Non Current Liabilities Total31.7M246.3M340.2M447.5M443.8M466.0M
Inventory49.1M63.7M68.6M111.1M157.9M165.8M
Other Current Assets4.0M12.8M16.9M7.2M16.6M17.4M
Other Stockholder Equity819.6M1.0B1.1B1.2B1.3B669.8M
Total Liab131.1M350.1M472.0M612.8M639.0M671.0M
Property Plant And Equipment Gross48.5M50.0M77.9M179.2M217.1M228.0M
Total Current Assets276.1M637.2M811.5M850.0M748.0M785.4M
Accumulated Other Comprehensive Income122K220K(616K)(1.8M)1.4M1.4M
Common Stock59K62K64K65K66K41.6K
Property Plant Equipment32.9M50.0M50.4M68.6M78.8M82.8M
Current Deferred Revenue3.9M6.1M10.2M18.8M44.0M46.2M
Intangible Assets777K8.8M6.6M4.6M2.8M3.5M
Net Tangible Assets195.0M366.3M433.1M439.9M505.9M531.2M
Retained Earnings Total Equity(624.8M)(659.2M)(634.6M)(729.2M)(656.3M)(689.1M)
Capital Surpluse819.6M1.0B1.1B1.2B1.3B776.1M

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When determining whether Tandem Diabetes Care is a strong investment it is important to analyze Tandem Diabetes' 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 Tandem Diabetes' future performance. For an informed investment choice regarding Tandem Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandem Diabetes Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 Tandem Diabetes. If investors know Tandem 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 Tandem Diabetes 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
(0.37)
Earnings Share
(1.94)
Revenue Per Share
13.082
Quarterly Revenue Growth
0.314
Return On Assets
(0.1)
The market value of Tandem Diabetes Care is measured differently than its book value, which is the value of Tandem that is recorded on the company's balance sheet. Investors also form their own opinion of Tandem Diabetes' value that differs from its market value or its book value, called intrinsic value, which is Tandem Diabetes' 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 Tandem Diabetes' market value can be influenced by many factors that don't directly affect Tandem Diabetes' 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 Tandem Diabetes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandem Diabetes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandem Diabetes' 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.