Viemed Net Interest Income vs Interest Income Analysis

VMD Stock  USD 8.65  0.10  1.14%   
Viemed Healthcare financial indicator trend analysis is much more than just breaking down Viemed Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viemed Healthcare is a good investment. Please check the relationship between Viemed Healthcare Net Interest Income and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed 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 population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.

Net Interest Income vs Interest Income

Net Interest Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viemed Healthcare Net Interest Income account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Viemed Healthcare's Net Interest Income and Interest Income is -0.6. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Viemed Healthcare, assuming nothing else is changed. The correlation between historical values of Viemed Healthcare's Net Interest Income and Interest 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 Net Interest Income of Viemed Healthcare are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Interest Income i.e., Viemed Healthcare's Net Interest Income and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Viemed Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viemed 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 Viemed 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 population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.At present, Viemed Healthcare's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.56, whereas Selling General Administrative is forecasted to decline to about 50.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit73.4M84.7M112.8M65.9M
Total Revenue117.1M138.8M183.0M101.6M

Viemed Healthcare fundamental ratios Correlations

0.950.910.990.940.990.690.810.870.950.820.860.170.940.890.990.250.990.54-0.670.980.640.95
0.950.940.920.870.920.770.750.860.890.830.890.150.880.810.960.290.960.33-0.580.910.520.86
0.910.940.850.810.840.840.670.870.850.730.980.10.80.740.920.510.920.46-0.390.840.340.78
0.990.920.850.941.00.640.820.820.950.840.770.140.950.910.970.110.970.54-0.740.990.710.97
0.940.870.810.940.940.610.780.870.90.80.740.130.90.980.90.130.940.53-0.650.960.610.95
0.990.920.841.00.940.620.860.810.940.820.770.150.970.90.960.120.970.51-0.770.990.750.96
0.690.770.840.640.610.620.380.560.650.730.78-0.350.530.540.720.280.70.26-0.190.60.070.56
0.810.750.670.820.780.860.380.710.680.470.650.260.950.690.80.230.80.21-0.880.810.880.73
0.870.860.870.820.870.810.560.710.820.570.890.390.810.840.880.530.910.51-0.40.860.430.82
0.950.890.850.950.90.940.650.680.820.820.780.20.870.890.930.170.940.65-0.580.950.560.95
0.820.830.730.840.80.820.730.470.570.820.59-0.150.670.790.79-0.160.790.43-0.50.820.390.84
0.860.890.980.770.740.770.780.650.890.780.590.240.750.680.870.670.870.42-0.30.780.290.71
0.170.150.10.140.130.15-0.350.260.390.2-0.150.240.230.170.140.490.180.13-0.070.230.230.21
0.940.880.80.950.90.970.530.950.810.870.670.750.230.830.930.190.930.39-0.840.940.830.88
0.890.810.740.910.980.90.540.690.840.890.790.680.170.830.850.090.890.6-0.580.940.550.96
0.990.960.920.970.90.960.720.80.880.930.790.870.140.930.850.280.990.51-0.640.950.620.92
0.250.290.510.110.130.120.280.230.530.17-0.160.670.490.190.090.280.280.140.250.17-0.160.08
0.990.960.920.970.940.970.70.80.910.940.790.870.180.930.890.990.280.51-0.630.970.610.94
0.540.330.460.540.530.510.260.210.510.650.430.420.130.390.60.510.140.51-0.110.560.180.63
-0.67-0.58-0.39-0.74-0.65-0.77-0.19-0.88-0.4-0.58-0.5-0.3-0.07-0.84-0.58-0.640.25-0.63-0.11-0.7-0.97-0.65
0.980.910.840.990.960.990.60.810.860.950.820.780.230.940.940.950.170.970.56-0.70.680.99
0.640.520.340.710.610.750.070.880.430.560.390.290.230.830.550.62-0.160.610.18-0.970.680.65
0.950.860.780.970.950.960.560.730.820.950.840.710.210.880.960.920.080.940.63-0.650.990.65
Click cells to compare fundamentals

Viemed Healthcare Account Relationship Matchups

Viemed Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets82.6M112.6M118.0M117.0M154.9M88.4M
Other Current Liab9.1M9.9M8.4M10.6M14.3M7.6M
Total Current Liabilities25.9M23.0M17.8M18.9M32.1M20.2M
Total Stockholder Equity43.7M81.7M94.8M97.1M113.9M62.9M
Other Liab2.3M859K757K889K1.0M816.6K
Net Tangible Assets43.7M81.7M94.8M97.1M111.7M117.2M
Retained Earnings34.1M65.6M73.3M69.8M79.5M48.6M
Accounts Payable4.7M2.1M3.2M2.7M7.4M3.9M
Cash13.4M31.0M28.4M16.9M12.8M15.3M
Non Current Assets Total54.8M65.4M70.7M77.3M116.5M122.4M
Non Currrent Assets Other13K863K862K1.6M887K842.7K
Other Assets13K9.6M5.6M4.7M1.00.95
Long Term Debt7.6M5.8M4.3M6.0M6.9M7.2M
Cash And Short Term Investments13.4M31.0M28.4M16.9M12.8M15.0M
Net Receivables11.5M12.4M14.7M15.4M18.5M12.7M
Common Stock Total Equity3.4M9.2M14.0M15.1M17.4M18.3M
Common Stock Shares Outstanding39.7M40.5M40.7M39.8M40.4M38.7M
Long Term Debt Total394K10.7M5.8M4.3M5.0M3.9M
Liabilities And Stockholders Equity82.6M112.6M118.0M117.0M154.9M85.7M
Non Current Liabilities Total13.0M7.9M5.3M1.1M8.9M5.0M
Capital Surpluse6.4M7.3M7.7M12.1M13.9M14.6M
Capital Lease Obligations10.1M3.5M732K694K3.3M2.9M
Inventory1.4M2.3M2.5M3.6M4.6M2.7M
Other Current Assets1.6M3.0M1.7M3.8M2.4M1.8M
Other Stockholder Equity6.4M7.3M7.7M12.1M15.7M9.2M
Total Liab38.9M30.9M23.1M19.9M41M25.5M
Property Plant And Equipment Gross54.8M55.1M90.9M108.3M129.8M136.3M
Short Long Term Debt1.8M1.8M1.5M1.1M1.2M1.1M
Total Current Assets27.8M47.2M47.3M39.7M38.4M32.4M
Accumulated Other Comprehensive Income(8.8M)(157K)(451K)(278K)(319.7K)(335.7K)
Short Term Debt8.8M7.3M2.4M990K2.0M2.9M
Common Stock3.4M9.2M14.0M15.1M18.7M19.6M
Property Plant Equipment54.8M55.1M62.8M68.4M78.7M43.3M
Short Long Term Debt Total19.5M11.1M6.5M694K10.3M8.7M
Property Plant And Equipment Net54.8M55.1M62.8M68.4M76.9M52.6M
Current Deferred Revenue3.3M3.4M3.8M4.6M6.2M4.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's 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 Viemed Healthcare's future performance. For an informed investment choice regarding Viemed 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 Viemed 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 population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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
0.425
Earnings Share
0.25
Revenue Per Share
5.534
Quarterly Revenue Growth
0.174
Return On Assets
0.0686
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.