SurModics Net Working Capital from 2010 to 2024

SRDX Stock  USD 40.03  0.04  0.10%   
SurModics Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 57.2 M in 2024. During the period from 2010 to 2024, SurModics Net Working Capital regression line of annual values had r-squared of  0.01 and arithmetic mean of  51,967,064. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
60.8 M
Current Value
57.2 M
Quarterly Volatility
10.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SurModics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SurModics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 M, Interest Expense of 3.7 M or Selling General Administrative of 59.7 M, as well as many indicators such as Price To Sales Ratio of 4.14, Dividend Yield of 0.0 or PTB Ratio of 5.67. SurModics financial statements analysis is a perfect complement when working with SurModics Valuation or Volatility modules.
  
Check out the analysis of SurModics Correlation against competitors.
For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.

Latest SurModics' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of SurModics over the last few years. It is SurModics' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SurModics' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Very volatile
   Net Working Capital   
       Timeline  

SurModics Net Working Capital Regression Statistics

Arithmetic Mean51,967,064
Geometric Mean50,844,122
Coefficient Of Variation19.40
Mean Deviation6,635,819
Median51,080,000
Standard Deviation10,083,546
Sample Variance101.7T
Range42.2M
R-Value0.11
Mean Square Error108.2T
R-Squared0.01
Significance0.70
Slope243,781
Total Sum of Squares1423.5T

SurModics Net Working Capital History

202457.2 M
202360.8 M
202262.7 M
202125.5 M
202040.4 M
201967.7 M
201861.2 M

About SurModics Financial Statements

SurModics investors use historical fundamental indicators, such as SurModics' Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SurModics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital60.8 M57.2 M

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Additional Tools for SurModics Stock Analysis

When running SurModics' price analysis, check to measure SurModics' 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 SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.