Catheter Interest Expense vs Operating Income Analysis

VTAK Stock   0.42  0.01  2.44%   
Catheter Precision financial indicator trend analysis is way more than just evaluating Catheter Precision prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Catheter Precision is a good investment. Please check the relationship between Catheter Precision Interest Expense and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Catheter Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Catheter Precision Interest Expense account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Catheter Precision's Interest Expense and Operating Income is -0.7. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Catheter Precision, assuming nothing else is changed. The correlation between historical values of Catheter Precision's Interest Expense and Operating 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 Interest Expense of Catheter Precision are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Catheter Precision's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Catheter Precision operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Catheter Precision is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Catheter Precision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Catheter Precision 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 Catheter Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.At this time, Catheter Precision's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 2.6 M this year, although Enterprise Value Multiple will most likely fall to (1.32).
 2021 2023 2024 (projected)
Interest Expense3.1M3.5M3.7M
Depreciation And Amortization1.6M2.1M1.3M

Catheter Precision fundamental ratios Correlations

0.470.440.560.980.680.4-0.82-0.440.650.840.430.390.890.530.23-0.150.510.680.590.20.880.590.060.22-0.18
0.470.440.730.420.870.31-0.25-0.320.510.330.090.80.44-0.09-0.16-0.080.720.920.430.340.470.930.420.380.12
0.440.440.810.430.340.29-0.36-0.710.040.390.20.120.4-0.30.2-0.37-0.010.640.750.10.390.450.860.74-0.62
0.560.730.810.550.730.12-0.55-0.360.350.61-0.120.560.680.06-0.25-0.340.540.890.540.20.680.640.730.44-0.12
0.980.420.430.550.650.36-0.84-0.40.660.850.390.320.890.540.2-0.310.480.650.560.020.890.530.060.2-0.16
0.680.870.340.730.650.25-0.51-0.150.820.580.00.870.730.36-0.29-0.090.890.860.340.320.750.770.210.090.28
0.40.310.290.120.360.250.18-0.780.33-0.140.850.26-0.01-0.20.750.02-0.060.260.730.150.00.45-0.030.49-0.62
-0.82-0.25-0.36-0.55-0.84-0.510.180.05-0.44-1.00.07-0.17-0.95-0.660.190.24-0.49-0.54-0.26-0.06-0.94-0.29-0.16-0.01-0.1
-0.44-0.32-0.71-0.36-0.4-0.15-0.780.05-0.05-0.07-0.80.02-0.090.46-0.780.080.28-0.39-0.94-0.18-0.07-0.47-0.47-0.870.88
0.650.510.040.350.660.820.33-0.44-0.050.470.120.660.630.58-0.15-0.130.720.470.190.080.660.42-0.17-0.180.31
0.840.330.390.610.850.58-0.14-1.0-0.070.47-0.060.240.970.63-0.2-0.240.550.610.290.090.960.360.190.050.11
0.430.090.2-0.120.390.00.850.07-0.80.12-0.06-0.08-0.04-0.220.950.11-0.280.10.670.14-0.050.36-0.150.51-0.7
0.390.80.120.560.320.870.26-0.170.020.660.24-0.080.430.29-0.340.170.880.690.10.490.470.690.02-0.110.38
0.890.440.40.680.890.73-0.01-0.95-0.090.630.97-0.040.430.69-0.22-0.230.680.690.320.131.00.440.150.00.14
0.53-0.09-0.30.060.540.36-0.2-0.660.460.580.63-0.220.290.69-0.350.010.570.07-0.290.020.69-0.09-0.52-0.660.5
0.23-0.160.2-0.250.2-0.290.750.19-0.78-0.15-0.20.95-0.34-0.22-0.350.09-0.56-0.110.610.04-0.240.13-0.10.53-0.83
-0.15-0.08-0.37-0.34-0.31-0.090.020.240.08-0.13-0.240.110.17-0.230.010.090.04-0.21-0.140.85-0.22-0.04-0.32-0.120.11
0.510.72-0.010.540.480.89-0.06-0.490.280.720.55-0.280.880.680.57-0.560.040.69-0.070.320.710.6-0.06-0.30.63
0.680.920.640.890.650.860.26-0.54-0.390.470.610.10.690.690.07-0.11-0.210.690.560.30.70.90.510.43-0.03
0.590.430.750.540.560.340.73-0.26-0.940.190.290.670.10.32-0.290.61-0.14-0.070.560.20.30.540.530.88-0.76
0.20.340.10.20.020.320.15-0.06-0.180.080.090.140.490.130.020.040.850.320.30.20.150.360.060.14-0.01
0.880.470.390.680.890.750.0-0.94-0.070.660.96-0.050.471.00.69-0.24-0.220.710.70.30.150.460.14-0.010.17
0.590.930.450.640.530.770.45-0.29-0.470.420.360.360.690.44-0.090.13-0.040.60.90.540.360.460.30.45-0.07
0.060.420.860.730.060.21-0.03-0.16-0.47-0.170.19-0.150.020.15-0.52-0.1-0.32-0.060.510.530.060.140.30.72-0.39
0.220.380.740.440.20.090.49-0.01-0.87-0.180.050.51-0.110.0-0.660.53-0.12-0.30.430.880.14-0.010.450.72-0.75
-0.180.12-0.62-0.12-0.160.28-0.62-0.10.880.310.11-0.70.380.140.5-0.830.110.63-0.03-0.76-0.010.17-0.07-0.39-0.75
Click cells to compare fundamentals

Catheter Precision Account Relationship Matchups

Catheter Precision fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.1M33.4M21.0M16.8M30.7M32.6M
Short Long Term Debt Total3.5M4.9M2.3M124.2K372K353.4K
Other Current Liab2.6M4.4M4.1M7.5M1.7M3.3M
Total Current Liabilities6.8M7.8M5.4M7.6M2.5M2.3M
Total Stockholder Equity33.2M21.1M13.7M9.3M21.2M21.6M
Property Plant And Equipment Net7.9M5.7M3.9M145.0K249K236.6K
Current Deferred Revenue1.7M1.7M2.0M1.8M2.1M2.0M
Net Debt(11.1M)(19.0M)(12.8M)(15.7M)(3.2M)(3.4M)
Retained Earnings(117.2M)(153.2M)(178.3M)(205.1M)(275.7M)(261.9M)
Accounts Payable1.5M471K988K92K464K557.1K
Cash14.6M23.9M15.0M15.9M3.6M3.4M
Non Current Assets Total8.1M5.8M4.0M145.0K26.6M27.9M
Non Currrent Assets Other196K123K36K8K7.2K6.8K
Cash And Short Term Investments30.6M23.9M15.0M15.9M3.6M3.4M
Net Receivables786K24K21K75.6K137K130.2K
Common Stock Shares Outstanding10.5K34.0K101K1.0M5.5M5.8M
Liabilities And Stockholders Equity44.1M33.4M21.0M16.8M30.7M32.6M
Non Current Liabilities Total4.1M4.5M2.0M247.0K7.1M3.9M
Inventory2.8M2.2M986K52.4K44K41.8K
Other Current Assets1.9M2.8M1.0M977K415K394.3K
Other Stockholder Equity150.3M174.3M191.9M214.4M296.9M163.7M
Total Liab10.9M12.3M7.4M7.6M9.5M8.0M
Total Current Assets36M27.6M17.1M16.8M4.2M4.0M
Short Term Debt611K1.0M283K36.7K275K361.2K

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When determining whether Catheter Precision is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Catheter Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Catheter Precision Stock. Highlighted below are key reports to facilitate an investment decision about Catheter Precision Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Catheter Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Catheter Precision. If investors know Catheter 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 Catheter Precision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
30.61
Revenue Per Share
0.604
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.22)
Return On Equity
(0.50)
The market value of Catheter Precision is measured differently than its book value, which is the value of Catheter that is recorded on the company's balance sheet. Investors also form their own opinion of Catheter Precision's value that differs from its market value or its book value, called intrinsic value, which is Catheter Precision'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 Catheter Precision's market value can be influenced by many factors that don't directly affect Catheter Precision'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 Catheter Precision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Catheter Precision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Catheter Precision'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.