Shoulder Innovations Profitability Analysis
| SI Stock | USD 13.55 0.05 0.37% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.86 | 0.89 |
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For Shoulder Innovations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shoulder Innovations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shoulder Innovations utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shoulder Innovations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shoulder Innovations over time as well as its relative position and ranking within its peers.
Check out World Market Map. 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 Shoulder Innovations. If investors know Shoulder 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 Shoulder Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.91) |
The market value of Shoulder Innovations is measured differently than its book value, which is the value of Shoulder that is recorded on the company's balance sheet. Investors also form their own opinion of Shoulder Innovations' value that differs from its market value or its book value, called intrinsic value, which is Shoulder Innovations' 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 Shoulder Innovations' market value can be influenced by many factors that don't directly affect Shoulder Innovations' 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 Shoulder Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoulder Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoulder Innovations' 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.
Shoulder Innovations Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shoulder Innovations's current stock value. Our valuation model uses many indicators to compare Shoulder Innovations value to that of its competitors to determine the firm's financial worth. Shoulder Innovations is rated fourth in current valuation category among its peers. It is rated below average in shares outstanding category among its peers creating about 0.06 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Shoulder Innovations is roughly 15.70 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Shoulder Innovations' earnings, one of the primary drivers of an investment's value.Shoulder Current Valuation vs. Competition
Shoulder Innovations is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is at this time estimated at about 1.59 Billion. Shoulder Innovations retains roughly 219.75 Million in current valuation claiming about 14% of equities under Health Care industry.
Shoulder Shares Outstanding vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Shoulder Innovations |
| = | 219.75 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Shoulder Innovations |
| = | 14 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Shoulder Shares Outstanding Comparison
Shoulder Innovations is currently under evaluation in shares outstanding category among its peers.
Shoulder Innovations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shoulder Innovations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shoulder Innovations will eventually generate negative long term returns. The profitability progress is the general direction of Shoulder Innovations' change in net profit over the period of time. It can combine multiple indicators of Shoulder Innovations, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Loss | (0.89) | (0.93) | |
| Income Quality | 1.04 | 1.07 |
Shoulder Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shoulder Innovations. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Shoulder Innovations position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Shoulder Innovations' important profitability drivers and their relationship over time.
Shoulder Innovations Profitability Trends
Shoulder Innovations profitability trend refers to the progression of profit or loss within a business. An upward trend means that Shoulder Innovations' profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Shoulder Innovations' gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Shoulder Innovations Earnings per Share Projection vs Actual
Use Shoulder Innovations in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shoulder Innovations position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shoulder Innovations will appreciate offsetting losses from the drop in the long position's value.Shoulder Innovations Pair Trading
Shoulder Innovations Pair Trading Analysis
The ability to find closely correlated positions to Shoulder Innovations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shoulder Innovations when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shoulder Innovations - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shoulder Innovations to buy it.
The correlation of Shoulder Innovations is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shoulder Innovations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shoulder Innovations moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shoulder Innovations can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Shoulder Innovations position
In addition to having Shoulder Innovations in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Shoulder Innovations' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shoulder Innovations at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Shoulder Innovations' income statement, its balance sheet, and the statement of cash flows.