Electromed Free Cash Flow vs Free Cash Flow Yield Analysis

ELMD Stock  USD 29.24  0.56  1.88%   
Electromed financial indicator trend analysis is much more than just examining Electromed latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electromed is a good investment. Please check the relationship between Electromed Free Cash Flow and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.

Free Cash Flow vs Free Cash Flow Yield

Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electromed Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Electromed's Free Cash Flow and Free Cash Flow Yield is 0.55. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Electromed, assuming nothing else is changed. The correlation between historical values of Electromed's Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Electromed are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow i.e., Electromed's Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Electromed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electromed 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.At present, Electromed's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.88, whereas Selling General Administrative is forecasted to decline to about 18.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense25K78K89.7K85.2K
Depreciation And Amortization628K613K841K684.7K

Electromed fundamental ratios Correlations

-0.730.810.890.990.83-0.790.870.80.740.880.310.470.740.980.770.74-0.80.850.40.740.670.571.0-0.21-0.25
-0.73-0.64-0.46-0.78-0.670.82-0.75-0.46-0.74-0.65-0.23-0.38-0.74-0.66-0.7-0.810.89-0.63-0.07-0.72-0.13-0.49-0.730.660.25
0.81-0.640.850.780.71-0.790.930.750.790.740.350.350.790.830.490.5-0.670.640.390.430.760.760.81-0.25-0.49
0.89-0.460.850.840.76-0.590.770.930.570.820.410.490.570.930.540.49-0.60.770.650.570.910.530.880.03-0.29
0.99-0.780.780.840.82-0.810.860.750.750.860.280.470.750.960.80.78-0.840.850.350.770.580.540.99-0.25-0.23
0.83-0.670.710.760.82-0.550.710.780.480.980.280.420.480.850.740.63-0.630.850.470.710.610.610.8-0.360.02
-0.790.82-0.79-0.59-0.81-0.55-0.93-0.46-0.99-0.6-0.1-0.12-0.99-0.7-0.71-0.750.85-0.610.05-0.63-0.36-0.74-0.80.370.38
0.87-0.750.930.770.860.71-0.930.680.930.750.20.260.930.840.680.71-0.80.720.210.60.610.80.87-0.27-0.37
0.8-0.460.750.930.750.78-0.460.680.430.830.50.570.430.870.550.55-0.580.770.790.630.840.450.790.01-0.09
0.74-0.740.790.570.750.48-0.990.930.430.540.060.041.00.650.660.69-0.780.56-0.090.560.380.780.75-0.29-0.38
0.88-0.650.740.820.860.98-0.60.750.830.540.30.390.540.90.780.66-0.650.860.470.750.680.650.85-0.290.02
0.31-0.230.350.410.280.28-0.10.20.50.060.30.540.060.360.080.17-0.220.220.70.170.370.010.3-0.1-0.15
0.47-0.380.350.490.470.42-0.120.260.570.040.390.540.040.550.040.27-0.360.430.690.220.35-0.250.48-0.21-0.29
0.74-0.740.790.570.750.48-0.990.930.431.00.540.060.040.650.660.69-0.780.56-0.090.560.380.780.75-0.29-0.38
0.98-0.660.830.930.960.85-0.70.840.870.650.90.360.550.650.70.68-0.750.830.530.690.740.530.97-0.15-0.22
0.77-0.70.490.540.80.74-0.710.680.550.660.780.080.040.660.70.9-0.790.760.110.930.280.620.75-0.170.29
0.74-0.810.50.490.780.63-0.750.710.550.690.660.170.270.690.680.9-0.920.720.190.920.160.460.73-0.190.17
-0.80.89-0.67-0.6-0.84-0.630.85-0.8-0.58-0.78-0.65-0.22-0.36-0.78-0.75-0.79-0.92-0.72-0.23-0.82-0.25-0.48-0.810.260.16
0.85-0.630.640.770.850.85-0.610.720.770.560.860.220.430.560.830.760.72-0.720.490.770.570.50.84-0.13-0.06
0.4-0.070.390.650.350.470.050.210.79-0.090.470.70.69-0.090.530.110.19-0.230.490.270.64-0.050.390.25-0.01
0.74-0.720.430.570.770.71-0.630.60.630.560.750.170.220.560.690.930.92-0.820.770.270.280.450.73-0.160.26
0.67-0.130.760.910.580.61-0.360.610.840.380.680.370.350.380.740.280.16-0.250.570.640.280.520.660.15-0.29
0.57-0.490.760.530.540.61-0.740.80.450.780.650.01-0.250.780.530.620.46-0.480.5-0.050.450.520.55-0.25-0.12
1.0-0.730.810.880.990.8-0.80.870.790.750.850.30.480.750.970.750.73-0.810.840.390.730.660.55-0.2-0.28
-0.210.66-0.250.03-0.25-0.360.37-0.270.01-0.29-0.29-0.1-0.21-0.29-0.15-0.17-0.190.26-0.130.25-0.160.15-0.25-0.20.31
-0.250.25-0.49-0.29-0.230.020.38-0.37-0.09-0.380.02-0.15-0.29-0.38-0.220.290.170.16-0.06-0.010.26-0.29-0.12-0.280.31
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Electromed Account Relationship Matchups

Electromed fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.2M37.1M41.4M45.8M52.2M28.3M
Short Long Term Debt Total45.1K81.2K87K41K161K82.7K
Other Current Liab2.4M3.7M5.8M6.3M6.4M6.7M
Total Current Liabilities3.0M4.6M7.2M8.1M7.7M4.5M
Total Stockholder Equity30.2M32.4M34.2M37.7M44.5M22.6M
Property Plant And Equipment Net3.9M3.7M4.7M5.7M5.3M4.0M
Net Debt(10.4M)(11.8M)(8.1M)(7.2M)(16.1M)(15.3M)
Retained Earnings13.7M14.9M15.8M18.8M23.7M24.9M
Accounts Payable555.5K685K1.3M1.4M1.0M814.3K
Cash10.5M11.9M8.2M7.4M16.1M16.9M
Non Current Assets Total5.2M5.4M6.8M8.0M8.1M5.6M
Non Currrent Assets Other80.2K88K120M161K87K82.7K
Other Assets755K1.1M1.5M1.6M1.00.95
Cash And Short Term Investments10.5M11.9M8.2M7.4M16.1M16.9M
Net Receivables14.1M17.4M21.3M24.6M24.1M13.3M
Common Stock Total Equity84.1K85.7K85K86K98.9K86.6K
Common Stock Shares Outstanding8.8M8.9M8.8M8.7M8.9M8.9M
Liabilities And Stockholders Equity33.2M37.1M41.4M45.8M52.2M28.3M
Non Current Liabilities Total8.9K54K41K86K12K11.4K
Inventory3.1M2.1M3.2M4.2M3.7M2.6M
Other Current Assets353.3K276K1.9M1.6M329.0K312.6K
Other Stockholder Equity16.5M17.4M18.3M18.8M20.8M16.5M
Total Liab3.0M4.7M7.2M8.1M7.7M5.6M
Property Plant And Equipment Gross3.8M3.6M4.7M5.7M10.4M10.9M
Total Current Assets28.0M31.7M34.5M37.8M44.2M22.7M
Short Term Debt30.3K72.3K33K80K72K68.4K
Intangible Assets598.4K663K599K605K657K624.2K
Common Stock84.1K85.7K85K86K87K87.1K
Property Plant Equipment3.9M3.6M4.6M5.7M6.5M3.9M
Current Deferred Revenue(72.3K)(33K)1.5B(80K)277K263.2K
Net Tangible Assets29.7M31.8M33.6M37.1M42.6M24.2M
Retained Earnings Total Equity13.7M14.9M15.8M18.8M21.6M22.7M
Capital Surpluse16.5M17.4M18.3M18.8M21.6M16.7M
Net Invested Capital30.2M32.4M34.2M37.7M44.5M34.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electromed is a strong investment it is important to analyze Electromed's 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 Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 Electromed. If investors know Electromed 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 Electromed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.809
Earnings Share
0.72
Revenue Per Share
6.39
Quarterly Revenue Growth
0.09
Return On Assets
0.0839
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed'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 Electromed's market value can be influenced by many factors that don't directly affect Electromed'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 Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed'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.