Pulmonx Change To Inventory vs Net Income Analysis

LUNG Stock  USD 6.20  0.10  1.64%   
Pulmonx Corp financial indicator trend analysis is much more than just breaking down Pulmonx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pulmonx Corp is a good investment. Please check the relationship between Pulmonx Corp Change To Inventory and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pulmonx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Pulmonx Stock please use our How to Invest in Pulmonx Corp guide.

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pulmonx Corp Change To Inventory account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pulmonx Corp's Change To Inventory and Net Income is 0.39. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of Pulmonx Corp, assuming nothing else is changed. The correlation between historical values of Pulmonx Corp's Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Pulmonx Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., Pulmonx Corp's Change To Inventory and Net Income go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Pulmonx Corp financial statement analysis. It represents the amount of money remaining after all of Pulmonx Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Pulmonx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pulmonx Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pulmonx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Pulmonx Stock please use our How to Invest in Pulmonx Corp guide.The Pulmonx Corp's current Selling General Administrative is estimated to increase to about 94.3 M, while Tax Provision is projected to decrease to roughly 339.7 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization3.2M4.0M1.9M1.8M
Interest Income400K1.5M4.8M5.0M

Pulmonx Corp fundamental ratios Correlations

0.770.770.76-0.80.650.960.550.850.13-0.171.00.640.880.910.70.380.960.04-0.390.67-0.760.93-0.5-0.950.86
0.770.470.55-0.990.780.630.860.950.440.140.750.830.770.740.870.350.83-0.03-0.270.89-0.820.88-0.37-0.640.93
0.770.470.99-0.480.090.790.210.67-0.50.120.790.650.670.570.40.140.77-0.49-0.060.39-0.410.65-0.63-0.790.65
0.760.550.99-0.550.110.760.310.72-0.460.230.770.740.680.550.470.10.77-0.540.020.46-0.440.66-0.67-0.760.69
-0.8-0.99-0.48-0.55-0.78-0.66-0.89-0.95-0.44-0.08-0.78-0.83-0.79-0.73-0.89-0.38-0.84-0.010.24-0.850.77-0.870.420.67-0.92
0.650.780.090.11-0.780.530.670.690.78-0.360.630.370.540.770.760.510.630.46-0.610.72-0.820.78-0.04-0.550.69
0.960.630.790.76-0.660.530.440.720.04-0.210.970.540.790.870.520.250.850.1-0.390.48-0.70.85-0.59-1.00.7
0.550.860.210.31-0.890.670.440.780.570.140.530.710.570.490.750.10.570.18-0.010.66-0.570.6-0.41-0.440.68
0.850.950.670.72-0.950.690.720.780.220.060.830.830.760.770.870.330.91-0.16-0.230.86-0.780.9-0.43-0.730.96
0.130.44-0.5-0.46-0.440.780.040.570.22-0.270.10.00.130.330.370.230.090.75-0.430.37-0.480.290.25-0.050.21
-0.170.140.120.23-0.08-0.36-0.210.140.06-0.27-0.170.480.09-0.27-0.07-0.4-0.09-0.60.590.120.11-0.13-0.260.210.07
1.00.750.790.77-0.780.630.970.530.830.1-0.170.630.870.90.670.360.940.05-0.390.64-0.750.92-0.52-0.970.83
0.640.830.650.74-0.830.370.540.710.830.00.480.630.70.420.70.240.69-0.430.080.63-0.480.65-0.69-0.550.78
0.880.770.670.68-0.790.540.790.570.760.130.090.870.70.750.660.380.88-0.04-0.250.69-0.650.82-0.44-0.780.84
0.910.740.570.55-0.730.770.870.490.770.33-0.270.90.420.750.640.290.870.22-0.560.75-0.920.94-0.19-0.870.8
0.70.870.40.47-0.890.760.520.750.870.37-0.070.670.70.660.640.40.78-0.1-0.120.84-0.630.74-0.29-0.510.88
0.380.350.140.1-0.380.510.250.10.330.23-0.40.360.240.380.290.40.430.1-0.650.3-0.250.460.04-0.270.42
0.960.830.770.77-0.840.630.850.570.910.09-0.090.940.690.880.870.780.43-0.1-0.340.8-0.750.93-0.37-0.850.95
0.04-0.03-0.49-0.54-0.010.460.10.18-0.160.75-0.60.05-0.43-0.040.22-0.10.1-0.1-0.48-0.12-0.190.050.26-0.1-0.18
-0.39-0.27-0.060.020.24-0.61-0.39-0.01-0.23-0.430.59-0.390.08-0.25-0.56-0.12-0.65-0.34-0.48-0.250.59-0.56-0.220.44-0.27
0.670.890.390.46-0.850.720.480.660.860.370.120.640.630.690.750.840.30.8-0.12-0.25-0.810.82-0.01-0.480.93
-0.76-0.82-0.41-0.440.77-0.82-0.7-0.57-0.78-0.480.11-0.75-0.48-0.65-0.92-0.63-0.25-0.75-0.190.59-0.81-0.920.120.73-0.78
0.930.880.650.66-0.870.780.850.60.90.29-0.130.920.650.820.940.740.460.930.05-0.560.82-0.92-0.31-0.870.91
-0.5-0.37-0.63-0.670.42-0.04-0.59-0.41-0.430.25-0.26-0.52-0.69-0.44-0.19-0.290.04-0.370.26-0.22-0.010.12-0.310.58-0.29
-0.95-0.64-0.79-0.760.67-0.55-1.0-0.44-0.73-0.050.21-0.97-0.55-0.78-0.87-0.51-0.27-0.85-0.10.44-0.480.73-0.870.58-0.7
0.860.930.650.69-0.920.690.70.680.960.210.070.830.780.840.80.880.420.95-0.18-0.270.93-0.780.91-0.29-0.7
Click cells to compare fundamentals

Pulmonx Corp Account Relationship Matchups

Pulmonx Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.5M263.7M235.2M193.7M177.8M94.3M
Total Current Liabilities14.2M12.5M17.6M18.5M23.2M24.3M
Total Stockholder Equity(187.4M)226.1M193.2M154.0M118.3M124.2M
Net Tangible Assets(190.2M)223.4M190.6M151.7M174.4M183.1M
Retained Earnings(210.5M)(242.7M)(291.4M)(350.3M)(411.2M)(390.6M)
Accounts Payable2.7M1.5M1.6M1.8M1.5M1.2M
Cash14.8M231.6M148.5M101.7M83.5M58.5M
Long Term Debt15.0M17.4M17.3M17.2M35.1M36.8M
Inventory5.6M10.7M16.3M14.6M16.7M17.6M
Total Liab240.9M37.6M41.9M39.7M59.5M61.4M
Total Current Assets41.1M250.0M208.0M169.0M150.4M83.2M
Short Term Debt446K4.5M2.3M6.5M8.3M8.7M
Common Stock19K36K37K38K39K25.0K
Property Plant Equipment7.5M10.5M12.9M5.3M6.1M4.1M
Net Receivables5.9M4.2M6.6M8.7M12.1M6.5M
Other Assets2.1M536K731K5.8M1.00.95
Other Current Assets766K3.1M4.8M4.0M3.6M2.0M
Intangible Assets524K400K277K154K31K29.5K
Short Long Term Debt Total21.8M27.2M26.5M24.4M41.4M32.1M
Other Current Liab10.9M6.4M13.4M10.0M13.2M11.0M
Other Liab43K62K37K94K84.6K58.1K
Property Plant And Equipment Net7.5M10.5M12.9M10.5M7.4M9.0M
Current Deferred Revenue173K71K163K120K104K102.7K
Net Debt7.0M(204.3M)(122.0M)(77.3M)(42.1M)(44.2M)
Non Current Assets Total12.5M13.7M27.2M24.7M27.4M20.0M
Non Currrent Assets Other2.1M536K252K5.4M3.2M2.2M
Cash And Short Term Investments28.3M231.6M180.0M141.1M117.1M128.8M
Common Stock Total Equity19K36K37K38K43.7K32.3K
Common Stock Shares Outstanding35.4M35.7M36.1M37.1M38.0M37.2M
Liabilities And Stockholders Equity53.5M263.7M235.2M193.7M177.8M172.1M
Non Current Liabilities Total226.8M25.0M24.4M21.2M36.3M67.7M
Capital Lease Obligations6.8M9.9M9.0M7.1M4.2M6.8M
Other Stockholder Equity(183.6M)467.1M482.9M502.7M526.8M333.1M
Net Invested Capital(172.4M)243.5M210.7M171.3M155.6M87.1M
Property Plant And Equipment Gross7.5M10.5M4.8M4.7M12.3M7.3M
Accumulated Other Comprehensive Income1.4M1.7M1.7M1.6M2.6M1.9M
Capital Stock19K36K37K38K39K34.1K
Net Working Capital26.9M237.5M190.5M150.5M127.3M134.9M

Currently Active Assets on Macroaxis

When determining whether Pulmonx Corp is a strong investment it is important to analyze Pulmonx Corp'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 Pulmonx Corp's future performance. For an informed investment choice regarding Pulmonx Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pulmonx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Pulmonx Stock please use our How to Invest in Pulmonx Corp guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Pulmonx Corp. If investors know Pulmonx 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 Pulmonx Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.47)
Revenue Per Share
2.043
Quarterly Revenue Growth
0.154
Return On Assets
(0.20)
Return On Equity
(0.52)
The market value of Pulmonx Corp is measured differently than its book value, which is the value of Pulmonx that is recorded on the company's balance sheet. Investors also form their own opinion of Pulmonx Corp's value that differs from its market value or its book value, called intrinsic value, which is Pulmonx Corp'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 Pulmonx Corp's market value can be influenced by many factors that don't directly affect Pulmonx Corp'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 Pulmonx Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pulmonx Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pulmonx Corp'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.