Stereotaxis Stock Cash And Equivalents
| STXS Stock | USD 2.35 0.05 2.17% |
Stereotaxis fundamentals help investors to digest information that contributes to Stereotaxis' financial success or failures. It also enables traders to predict the movement of Stereotaxis Stock. The fundamental analysis module provides a way to measure Stereotaxis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Stereotaxis stock.
Stereotaxis | Cash And Equivalents |
Stereotaxis Company Cash And Equivalents Analysis
Stereotaxis' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Stereotaxis Cash And Equivalents | 30.94 M |
Most of Stereotaxis' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Stereotaxis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Stereotaxis Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Stereotaxis is extremely important. It helps to project a fair market value of Stereotaxis Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Stereotaxis' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Stereotaxis' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Stereotaxis' interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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Stereotaxis Cash And Cash Equivalents Changes
Cash And Cash Equivalents Changes |
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In accordance with the recently published financial statements, Stereotaxis has 30.94 M in Cash And Equivalents. This is 96.23% lower than that of the Health Care Equipment & Supplies sector and 90.15% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 98.85% higher than that of the company.
Stereotaxis Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Stereotaxis' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Stereotaxis could also be used in its relative valuation, which is a method of valuing Stereotaxis by comparing valuation metrics of similar companies.Stereotaxis is currently under evaluation in cash and equivalents category among related companies.
Stereotaxis Current Valuation Drivers
We derive many important indicators used in calculating different scores of Stereotaxis from analyzing Stereotaxis' financial statements. These drivers represent accounts that assess Stereotaxis' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Stereotaxis' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 333.5M | 370.3M | 468.5M | 157.4M | 141.2M | 111.3M | |
| Enterprise Value | 307.7M | 330.8M | 435.8M | 154.7M | 126.4M | 110.4M |
Stereotaxis Fundamentals
| Return On Equity | -0.77 | ||||
| Return On Asset | -0.29 | ||||
| Profit Margin | (0.77) % | ||||
| Operating Margin | (1.16) % | ||||
| Current Valuation | 184.24 M | ||||
| Shares Outstanding | 82.13 M | ||||
| Shares Owned By Insiders | 15.87 % | ||||
| Shares Owned By Institutions | 47.49 % | ||||
| Number Of Shares Shorted | 930.89 K | ||||
| Price To Earning | 21.61 X | ||||
| Price To Book | 13.62 X | ||||
| Price To Sales | 8.31 X | ||||
| Revenue | 26.77 M | ||||
| Gross Profit | 18.47 M | ||||
| EBITDA | (21.24 M) | ||||
| Net Income | (20.71 M) | ||||
| Cash And Equivalents | 30.94 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 5.49 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | (9.14 M) | ||||
| Short Ratio | 2.34 X | ||||
| Earnings Per Share | (0.27) X | ||||
| Target Price | 4.6 | ||||
| Number Of Employees | 122 | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 193 M | ||||
| Total Asset | 41.91 M | ||||
| Retained Earnings | (537.68 M) | ||||
| Working Capital | 20.02 M | ||||
| Current Asset | 17.14 M | ||||
| Current Liabilities | 16.14 M | ||||
| Net Asset | 41.91 M |
About Stereotaxis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Stereotaxis's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stereotaxis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stereotaxis based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Stereotaxis in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Stereotaxis' short interest history, or implied volatility extrapolated from Stereotaxis options trading.
Currently Active Assets on Macroaxis
When determining whether Stereotaxis is a strong investment it is important to analyze Stereotaxis' 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 Stereotaxis' future performance. For an informed investment choice regarding Stereotaxis Stock, refer to the following important reports:Check out Stereotaxis Piotroski F Score and Stereotaxis Altman Z Score analysis. For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Stereotaxis Stock analysis
When running Stereotaxis' price analysis, check to measure Stereotaxis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.
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Is Stereotaxis' industry 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 Stereotaxis. If investors know Stereotaxis 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 Stereotaxis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.332 | Quarterly Revenue Growth (0.38) | Return On Assets (0.29) | Return On Equity (0.77) |
The market value of Stereotaxis is measured differently than its book value, which is the value of Stereotaxis that is recorded on the company's balance sheet. Investors also form their own opinion of Stereotaxis' value that differs from its market value or its book value, called intrinsic value, which is Stereotaxis' 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 Stereotaxis' market value can be influenced by many factors that don't directly affect Stereotaxis' 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 Stereotaxis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stereotaxis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stereotaxis' 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.