Iradimed Free Cash Flow Yield vs Ev To Free Cash Flow Analysis
IRMD Stock | USD 55.02 0.81 1.49% |
Iradimed financial indicator trend analysis is infinitely more than just investigating Iradimed recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iradimed is a good investment. Please check the relationship between Iradimed Free Cash Flow Yield and its Ev To Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. 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.
Free Cash Flow Yield vs Ev To Free Cash Flow
Free Cash Flow Yield vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iradimed Free Cash Flow Yield account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Iradimed's Free Cash Flow Yield and Ev To Free Cash Flow is -0.79. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Iradimed Co, assuming nothing else is changed. The correlation between historical values of Iradimed's Free Cash Flow Yield and Ev To Free Cash Flow 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 Yield of Iradimed Co are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Iradimed's Free Cash Flow Yield and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most indicators from Iradimed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iradimed 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. 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. At present, Iradimed'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 51.09, whereas Selling General Administrative is forecasted to decline to about 9.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 32.0M | 41.3M | 50.2M | 27.1M | Total Revenue | 41.8M | 53.3M | 65.6M | 35.1M |
Iradimed fundamental ratios Correlations
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Iradimed Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iradimed fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 66.7M | 71.1M | 82.9M | 85.5M | 92.2M | 54.5M | |
Other Current Liab | 3.0M | 2.0M | 3.1M | 3.0M | 10.7M | 11.2M | |
Total Current Liabilities | 5.9M | 4.9M | 6.8M | 8.6M | 16.3M | 17.1M | |
Total Stockholder Equity | 55.5M | 61.4M | 72.2M | 73.7M | 71.4M | 46.1M | |
Other Liab | 2.6M | 2.3M | 1.7M | 1.4M | 1.6M | 1.4M | |
Property Plant And Equipment Net | 5.0M | 4.8M | 4.6M | 2.4M | 11.3M | 11.9M | |
Current Deferred Revenue | 1.7M | 1.9M | 2.6M | 3.4M | 2.6M | 1.7M | |
Net Debt | (40.5M) | (47.4M) | (59.5M) | (55.8M) | (47.7M) | (45.3M) | |
Retained Earnings | 36.3M | 37.7M | 47.0M | 47.3M | 43.3M | 27.5M | |
Accounts Payable | 993.7K | 657.1K | 782.9K | 1.8M | 1.9M | 1.0M | |
Cash | 43.5M | 50.1M | 62.0M | 58.0M | 49.8M | 33.0M | |
Non Current Assets Total | 7.8M | 7.3M | 6.6M | 7.3M | 16.2M | 17.0M | |
Non Currrent Assets Other | 232.0K | 262.0K | 201.3K | 2.2M | 181.4K | 336.3K | |
Other Assets | 1.9M | 6.4M | 966.4K | 1.3M | 1.0 | 0.95 | |
Cash And Short Term Investments | 46.3M | 52.0M | 62.5M | 58.0M | 49.8M | 37.0M | |
Net Receivables | 7.3M | 4.6M | 5.1M | 13.3M | 12.2M | 12.8M | |
Common Stock Total Equity | 1.2K | 1.2K | 1.3K | 1.3K | 1.4K | 1.2K | |
Common Stock Shares Outstanding | 12.3M | 12.4M | 12.6M | 12.6M | 12.7M | 13.0M | |
Short Term Investments | 8.1M | 6.3M | 2.8M | 1.9M | 501.9K | 0.0 | |
Liabilities And Stockholders Equity | 66.7M | 71.1M | 82.9M | 85.5M | 92.2M | 54.5M | |
Non Current Liabilities Total | 5.3M | 4.8M | 3.9M | 3.3M | 4.4M | 2.5M | |
Inventory | 3.6M | 3.9M | 4.3M | 5.4M | 12.8M | 13.5M | |
Other Current Assets | 407.8K | 3.2M | 4.3M | 885.1K | 1.2M | 1.1M | |
Other Stockholder Equity | 19.2M | 23.7M | 25.2M | 26.4M | 28.2M | 18.5M | |
Total Liab | 11.2M | 9.7M | 10.7M | 11.8M | 20.7M | 21.8M | |
Property Plant And Equipment Gross | 5.0M | 4.8M | 4.6M | 8.0M | 15.4M | 16.2M | |
Total Current Assets | 59.0M | 63.7M | 76.2M | 78.2M | 76.0M | 49.0M | |
Accumulated Other Comprehensive Income | (42.2K) | 30.4K | 37.1K | 17.0K | 19.6K | 20.5K | |
Short Term Debt | 240.8K | 255.7K | 276.6K | 293.5K | 855.9K | 528.0K | |
Intangible Assets | 860.1K | 960.9K | 1.1M | 2.1M | 2.5M | 2.6M | |
Common Stock | 1.2K | 1.2K | 1.3K | 1.3K | 1.3K | 1.2K | |
Property Plant Equipment | 2.1M | 2.1M | 4.6M | 2.4M | 2.8M | 1.9M | |
Net Tangible Assets | 54.7M | 60.4M | 71.1M | 71.6M | 82.3M | 50.6M | |
Retained Earnings Total Equity | 36.3M | 37.7M | 47.0M | 47.3M | 54.4M | 30.9M | |
Capital Surpluse | 19.2M | 23.7M | 25.2M | 26.4M | 30.4M | 20.7M | |
Net Invested Capital | 55.5M | 61.4M | 72.2M | 73.7M | 71.4M | 64.3M | |
Net Working Capital | 53.1M | 58.8M | 69.4M | 69.6M | 59.7M | 60.0M |
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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 Iradimed is a strong investment it is important to analyze Iradimed'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 Iradimed's future performance. For an informed investment choice regarding Iradimed Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iradimed Co. 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. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 Iradimed. If investors know Iradimed 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 Iradimed 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) | Dividend Share 0.45 | Earnings Share 1.46 | Revenue Per Share 5.635 | Quarterly Revenue Growth 0.11 |
The market value of Iradimed is measured differently than its book value, which is the value of Iradimed that is recorded on the company's balance sheet. Investors also form their own opinion of Iradimed's value that differs from its market value or its book value, called intrinsic value, which is Iradimed'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 Iradimed's market value can be influenced by many factors that don't directly affect Iradimed'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 Iradimed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iradimed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iradimed'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.