Spectral Financial Statements From 2010 to 2024

EDT Stock  CAD 0.56  0.03  5.66%   
Spectral Med financial statements provide useful quarterly and yearly information to potential Spectral Med investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Spectral Med financial statements helps investors assess Spectral Med's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Spectral Med's valuation are summarized below:
Gross Profit
983 K
Market Capitalization
158.4 M
Enterprise Value Revenue
82.7705
Revenue
1.9 M
Earnings Share
(0.10)
We have found one hundred twenty available fundamental trend indicators for Spectral Med, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Spectral Med's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 2nd of December 2024, Market Cap is likely to grow to about 124.3 M. Also, Enterprise Value is likely to grow to about 130.2 M

Spectral Med Total Revenue

1.52 Million

Check Spectral Med financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spectral Med's main balance sheet or income statement drivers, such as Depreciation And Amortization of 207.1 K, Interest Expense of 1.4 M or Selling General Administrative of 8.1 M, as well as many indicators such as Price To Sales Ratio of 45.68, Dividend Yield of 0.0 or Days Sales Outstanding of 40.36. Spectral financial statements analysis is a perfect complement when working with Spectral Med Valuation or Volatility modules.
  
This module can also supplement various Spectral Med Technical models . Check out the analysis of Spectral Med Correlation against competitors.

Spectral Med Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsM5.2 M8.7 M
Slightly volatile
Short and Long Term Debt TotalM8.6 M2.2 M
Slightly volatile
Other Current Liabilities7.9 M7.5 M2.1 M
Slightly volatile
Total Current Liabilities10.8 M10.2 M3.2 M
Slightly volatile
Property Plant And Equipment Net1.2 M893 K743.3 K
Slightly volatile
Accounts Payable1.1 M1.6 M865.6 K
Pretty Stable
Cash5.8 MMM
Pretty Stable
Non Current Assets TotalM1.1 M1.1 M
Slightly volatile
Cash And Short Term Investments2.8 MM6.5 M
Slightly volatile
Net Receivables176.7 K186 K547.8 K
Very volatile
Common Stock Shares Outstanding292.5 M278.6 M190.9 M
Slightly volatile
Liabilities And Stockholders EquityM5.2 M8.7 M
Slightly volatile
Non Current Liabilities Total12.1 M11.5 M3.6 M
Slightly volatile
Other Current Assets652 K621 K391.5 K
Pretty Stable
Other Stockholder Equity8.5 M8.9 M7.2 M
Slightly volatile
Total Liabilities22.8 M21.8 M6.3 M
Slightly volatile
Property Plant And Equipment Gross4.4 M4.2 M1.6 M
Slightly volatile
Total Current Assets3.9 M4.1 M7.7 M
Slightly volatile
Intangible Assets183.3 K193 K579.8 K
Slightly volatile
Inventory474.6 K366 K275 K
Slightly volatile
Short Term Investments577.6 K608 K1.1 M
Slightly volatile
Common Stock Total Equity60.2 M82.7 M55.6 M
Slightly volatile
Common Stock68.9 M87.1 M58.3 M
Slightly volatile
Property Plant Equipment807.7 K806.1 K715.1 K
Slightly volatile
Capital Surpluse8.9 M10.1 M8.2 M
Slightly volatile
Cash And Equivalents1.2 M1.3 M3.1 M
Slightly volatile
Capital Stock85 M87.1 M72.1 M
Slightly volatile
Capital Lease Obligations500.8 K621 K688.5 K
Slightly volatile
Other Liabilities3.7 M3.6 MM
Slightly volatile
Long Term Debt7.6 M7.7 M6.3 M
Slightly volatile
Short and Long Term Debt188.7 K264 K98.6 K
Slightly volatile

Spectral Med Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization207.1 K218 K233.1 K
Slightly volatile
Selling General Administrative8.1 M11 M8.7 M
Pretty Stable
Total Revenue1.5 M1.6 M2.5 M
Very volatile
Gross Profit628.9 K662 K1.8 M
Pretty Stable
Other Operating Expenses9.3 M13 M9.8 M
Pretty Stable
Research Development4.9 M4.7 M1.7 M
Slightly volatile
Total Operating Expenses8.1 M6.6 M8.8 M
Pretty Stable
Cost Of Revenue1.2 M936 K753.3 K
Very volatile
Reconciled Depreciation285.7 K218 K243.8 K
Slightly volatile
Selling And Marketing Expenses3.5 M3.9 M4.3 M
Slightly volatile

Spectral Med Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow5.8 M8.4 M6.3 M
Pretty Stable
Depreciation207.1 K218 K233.1 K
Slightly volatile
Capital Expenditures175.8 K185 K219.8 K
Pretty Stable
Total Cash From Financing Activities5.7 M5.4 M6.6 M
Very volatile
End Period Cash Flow5.8 MMM
Pretty Stable
Stock Based Compensation1.6 M1.5 M703.7 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio45.6874.08654.9546
Pretty Stable
Days Sales Outstanding40.3642.484488.1923
Pretty Stable
Stock Based Compensation To Revenue0.980.93120.3299
Slightly volatile
Capex To Depreciation1.220.84861.7224
Slightly volatile
EV To Sales81.4877.59654.0214
Pretty Stable
Inventory Turnover2.432.55742.4715
Very volatile
Days Of Inventory On Hand166143162
Pretty Stable
Payables Turnover0.560.58651.0003
Pretty Stable
Sales General And Administrative To Revenue7.226.88053.81
Slightly volatile
Research And Ddevelopement To Revenue2.092.141.8435
Pretty Stable
Capex To Revenue0.110.11580.3719
Slightly volatile
Cash Per Share0.01210.01280.09
Slightly volatile
Days Payables Outstanding314622458
Pretty Stable
Income Quality0.840.68450.8215
Pretty Stable
Intangibles To Total Assets0.03520.0370.0546
Slightly volatile
Current Ratio0.380.40284.1858
Slightly volatile
Receivables Turnover9.028.59146.2278
Very volatile
Graham Number0.260.27410.4685
Slightly volatile
Capex Per Share6.0E-47.0E-40.0092
Slightly volatile
Revenue Per Share0.00550.00570.0155
Slightly volatile
Interest Debt Per Share0.03160.03330.0103
Very volatile
Debt To Assets1.61.52370.449
Slightly volatile
Operating Cycle259185247
Very volatile
Days Of Payables Outstanding314622458
Pretty Stable
Ebt Per Ebit1.431.35781.1067
Slightly volatile
Quick Ratio0.350.3674.0526
Slightly volatile
Net Income Per E B T1.321.011.0175
Slightly volatile
Cash Ratio0.270.28823.0244
Slightly volatile
Days Of Inventory Outstanding166143162
Pretty Stable
Days Of Sales Outstanding40.3642.484488.1923
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio1.281.01731.1204
Pretty Stable
Fixed Asset Turnover1.71.78954.0526
Slightly volatile
Debt Ratio1.61.52370.449
Slightly volatile
Price Sales Ratio45.6874.08654.9546
Pretty Stable
Asset Turnover0.310.30670.3534
Pretty Stable
Gross Profit Margin0.780.41430.727
Slightly volatile

Spectral Med Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap124.3 M118.4 M82.1 M
Slightly volatile
Enterprise Value130.2 M124 M78.1 M
Slightly volatile

Spectral Fundamental Market Drivers

Cash And Short Term InvestmentsM

About Spectral Med Financial Statements

Spectral Med investors utilize fundamental indicators, such as revenue or net income, to predict how Spectral Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue727 K763.4 K
Total Revenue1.6 M1.5 M
Cost Of Revenue936 K1.2 M
Stock Based Compensation To Revenue 0.93  0.98 
Sales General And Administrative To Revenue 6.88  7.22 
Research And Ddevelopement To Revenue 2.14  2.09 
Capex To Revenue 0.12  0.11 
Revenue Per Share 0.01  0.01 
Ebit Per Revenue(7.15)(6.79)

Pair Trading with Spectral Med

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 Spectral Med 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 Spectral Med will appreciate offsetting losses from the drop in the long position's value.

Moving against Spectral Stock

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The ability to find closely correlated positions to Spectral Med could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spectral Med 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 Spectral Med - 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 Spectral Med to buy it.
The correlation of Spectral Med 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 Spectral Med moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spectral Med 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 Spectral Med 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Spectral Stock

Spectral Med financial ratios help investors to determine whether Spectral Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spectral with respect to the benefits of owning Spectral Med security.