SurModics Total Stockholder Equity vs Retained Earnings Analysis

SRDX Stock  USD 40.00  0.06  0.15%   
SurModics financial indicator trend analysis is much more than just breaking down SurModics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SurModics is a good investment. Please check the relationship between SurModics Total Stockholder Equity and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SurModics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SurModics Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SurModics' Total Stockholder Equity and Retained Earnings is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SurModics, assuming nothing else is changed. The correlation between historical values of SurModics' Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of SurModics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., SurModics' Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from SurModics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SurModics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SurModics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.At this time, SurModics' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 1.3 M in 2024, despite the fact that Discontinued Operations is likely to grow to (150.5 K).
 2021 2022 2023 2024 (projected)
Gross Profit29M61.0M93.1M49.1M
Total Revenue100.0M132.6M126.1M75.8M

SurModics fundamental ratios Correlations

0.690.810.930.950.050.740.790.390.92-0.580.550.83-0.140.760.62-0.120.230.850.720.870.630.240.70.90.63
0.690.820.510.750.240.270.650.150.62-0.270.340.6-0.10.680.6-0.020.420.830.640.610.280.190.340.620.42
0.810.820.60.840.220.440.770.10.8-0.220.290.77-0.210.60.48-0.140.130.830.650.650.380.250.410.870.39
0.930.510.60.88-0.170.890.610.470.83-0.750.650.66-0.050.60.48-0.080.120.660.570.840.770.260.80.730.8
0.950.750.840.880.090.690.780.250.87-0.550.570.75-0.230.740.57-0.160.260.860.670.840.530.380.570.90.62
0.050.240.22-0.170.09-0.480.39-0.70.330.36-0.640.270.190.440.510.130.60.40.49-0.31-0.31-0.15-0.220.22-0.53
0.740.270.440.890.69-0.480.40.490.6-0.80.740.38-0.090.210.09-0.13-0.30.330.180.740.860.410.810.540.83
0.790.650.770.610.780.390.40.090.77-0.430.240.75-0.040.720.690.030.320.810.710.630.460.180.550.780.12
0.390.150.10.470.25-0.70.490.090.1-0.490.640.33-0.230.20.2-0.21-0.040.160.180.660.41-0.220.460.140.53
0.920.620.80.830.870.330.60.770.1-0.440.230.82-0.010.750.66-0.080.310.850.80.620.560.110.620.870.49
-0.58-0.27-0.22-0.75-0.550.36-0.8-0.43-0.49-0.44-0.71-0.190.02-0.31-0.240.04-0.03-0.31-0.21-0.63-0.76-0.3-0.78-0.36-0.62
0.550.340.290.650.57-0.640.740.240.640.23-0.710.12-0.320.23-0.02-0.14-0.220.27-0.030.830.510.590.50.40.69
0.830.60.770.660.750.270.380.750.330.82-0.190.12-0.090.730.75-0.140.380.810.860.650.37-0.210.480.770.31
-0.14-0.1-0.21-0.05-0.230.19-0.09-0.04-0.23-0.010.02-0.32-0.09-0.23-0.040.90.0-0.25-0.1-0.280.35-0.150.35-0.330.01
0.760.680.60.60.740.440.210.720.20.75-0.310.230.73-0.230.89-0.170.710.940.890.60.16-0.030.280.730.19
0.620.60.480.480.570.510.090.690.20.66-0.24-0.020.75-0.040.89-0.070.80.820.940.430.2-0.370.320.50.08
-0.12-0.02-0.14-0.08-0.160.13-0.130.03-0.21-0.080.04-0.14-0.140.9-0.17-0.07-0.04-0.17-0.15-0.160.260.050.24-0.25-0.03
0.230.420.130.120.260.6-0.30.32-0.040.31-0.03-0.220.380.00.710.8-0.040.560.710.07-0.24-0.39-0.070.21-0.11
0.850.830.830.660.860.40.330.810.160.85-0.310.270.81-0.250.940.82-0.170.560.890.670.260.080.350.850.31
0.720.640.650.570.670.490.180.710.180.8-0.21-0.030.86-0.10.890.94-0.150.710.890.450.22-0.340.330.660.2
0.870.610.650.840.84-0.310.740.630.660.62-0.630.830.65-0.280.60.43-0.160.070.670.450.580.340.640.730.66
0.630.280.380.770.53-0.310.860.460.410.56-0.760.510.370.350.160.20.26-0.240.260.220.580.190.960.330.68
0.240.190.250.260.38-0.150.410.18-0.220.11-0.30.59-0.21-0.15-0.03-0.370.05-0.390.08-0.340.340.190.130.350.27
0.70.340.410.80.57-0.220.810.550.460.62-0.780.50.480.350.280.320.24-0.070.350.330.640.960.130.410.64
0.90.620.870.730.90.220.540.780.140.87-0.360.40.77-0.330.730.5-0.250.210.850.660.730.330.350.410.38
0.630.420.390.80.62-0.530.830.120.530.49-0.620.690.310.010.190.08-0.03-0.110.310.20.660.680.270.640.38
Click cells to compare fundamentals

SurModics Account Relationship Matchups

SurModics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets168.8M194.6M158.4M185.7M178.6M142.8M
Other Current Liab11.7M12.9M13.8M15.7M16.6M17.5M
Total Current Liabilities18.9M29.8M32.1M24.0M20.5M13.4M
Total Stockholder Equity131.1M140.1M108.4M119.9M118.9M116.6M
Property Plant And Equipment Net30.1M30.1M27.1M26.0M28.0M26.7M
Net Debt(30.3M)(21.2M)(5.2M)(12.0M)(2.9M)(3.0M)
Retained Earnings111.8M116.1M88.8M87.3M75.7M72.0M
Accounts Payable1.5M1.8M3.1M3.0M2.8M1.9M
Cash30.8M31.2M19.0M41.4M36.1M20.2M
Non Current Assets Total82.2M124.3M100.8M99.0M97.3M88.7M
Non Currrent Assets Other4.3M3.7M4.8M3.9M1.1M1.0M
Cash And Short Term Investments61.1M38.9M19.0M45.4M40.1M35.4M
Net Receivables13.8M22.9M24.2M23.9M23.2M11.8M
Common Stock Shares Outstanding13.8M14.0M13.9M14.0M14.2M13.6M
Liabilities And Stockholders Equity168.8M194.6M158.4M185.7M178.6M142.8M
Non Current Liabilities Total18.8M24.7M17.9M41.9M39.1M41.1M
Inventory6.0M6.8M11.8M14.8M15.2M15.9M
Other Current Assets5.8M1.7M2.6M7.9M2.9M2.7M
Other Stockholder Equity15.4M21.6M28.8M36.7M118.2M124.1M
Total Liab37.7M54.5M50.0M65.8M59.7M62.6M
Property Plant And Equipment Gross32.6M80.2M82.1M85.5M89.8M94.3M
Total Current Assets86.6M70.3M57.6M86.7M81.3M54.1M
Accumulated Other Comprehensive Income3.2M1.7M(9.9M)(4.8M)(4.3M)(4.1M)
Common Stock Total Equity670K675K684K701K630.9K615.8K
Short Term Investments24.9M30.3M7.7M3.9M4.0M3.8M
Other Liab17.1M15.5M24.7M17.9M20.6M10.9M
Other Assets7.8M9.1M9.6M4.8M5.5M6.7M
Property Plant Equipment29.7M30.1M30.1M27.1M31.2M28.0M
Current Deferred Revenue5.2M4.6M4.2M4.4M1.6M2.4M
Intangible Assets13.3M37.1M28.1M26.2M23.6M17.5M
Short Term Debt436K10.5M11.0M872K1.0M988K
Good Will27.2M45.6M40.7M42.9M44.6M25.1M
Retained Earnings Total Equity110.7M111.8M116.1M88.8M102.1M87.6M
Capital Surpluse10.7M15.4M21.6M28.8M25.9M14.1M
Deferred Long Term Liab11.6M10.8M13.0M7.1M8.2M5.4M
Non Current Liabilities Other8.0M14.4M12.8M10.1M3.5M3.3M

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