Tactile Historical Balance Sheet

TCMD Stock  USD 18.93  0.60  3.27%   
Trend analysis of Tactile Systems Technology balance sheet accounts such as Total Stockholder Equity of 97.6 M, Property Plant And Equipment Net of 14.8 M, Current Deferred Revenue of 29.2 M or Retained Earnings of 19.8 M provides information on Tactile Systems' total assets, liabilities, and equity, which is the actual value of Tactile Systems Tech to its prevalent stockholders. By breaking down trends over time using Tactile Systems balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Tactile Systems Tech latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tactile Systems Tech is a good buy for the upcoming year.

Tactile Systems Inventory

14.35 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. 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.

About Tactile Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Tactile Systems Tech at a specified time, usually calculated after every quarter, six months, or one year. Tactile Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tactile Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tactile currently owns. An asset can also be divided into two categories, current and non-current.

Tactile Systems Balance Sheet Chart

At present, Tactile Systems' Current Deferred Revenue is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 19.8 M, whereas Other Current Liabilities is forecasted to decline to about 15.4 M.

Total Assets

Total assets refers to the total amount of Tactile Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tactile Systems Tech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Tactile Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tactile Systems Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Tactile Systems' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tactile Systems Tech current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Tactile Systems Technology. 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, Tactile Systems' Current Deferred Revenue is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 19.8 M, whereas Other Current Liabilities is forecasted to decline to about 15.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total83.9M72.2M50.4M52.9M
Total Assets244.3M255.0M281.4M147.4M

Tactile Systems balance sheet Correlations

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Click cells to compare fundamentals

Tactile Systems Account Relationship Matchups

Tactile Systems balance sheet Accounts

201920202021202220232024 (projected)
Total Assets151.8M174.1M244.3M255.0M281.4M147.4M
Short Long Term Debt Total16.6M21.4M83.9M72.2M50.4M52.9M
Other Current Liab903K17.9M24.0M46.5M27.0M15.4M
Total Current Liabilities21.4M26.7M34.5M64.3M41.1M25.4M
Total Stockholder Equity112.6M124.8M128.2M121.4M193.6M97.6M
Property Plant And Equipment Net23.3M27.1M30.7M27.4M25.3M14.8M
Current Deferred Revenue15.2M18.7M17.4M24.2M27.8M29.2M
Net Debt(6.2M)(26.5M)55.6M50.3M(10.7M)(10.1M)
Retained Earnings20.7M20.1M8.2M(9.6M)18.9M19.8M
Accounts Payable3.8M4.2M5.0M10.0M6.7M5.2M
Cash22.8M47.9M28.2M21.9M61.0M64.1M
Non Current Assets Total43.4M50.5M130.7M135.2M136.1M143.0M
Non Currrent Assets Other1.7M2.1M14.8M26.4M13.4M14.0M
Cash And Short Term Investments53.4M58.6M40.7M38.1M61.0M40.2M
Net Receivables33.4M53.3M62.0M71.0M57.4M37.5M
Common Stock Shares Outstanding19.6M19.3M19.7M20.1M23.2M19.1M
Liabilities And Stockholders Equity151.8M174.1M244.3M255.0M281.4M147.4M
Non Current Liabilities Total17.7M22.6M81.6M69.3M46.7M24.4M
Inventory19.1M18.6M19.2M23.1M22.5M14.3M
Other Current Assets2.5M5.3M4.1M3.8M4.4M3.4M
Other Stockholder Equity91.9M104.7M120.0M131.0M174.7M183.5M
Total Liab39.2M49.3M116.0M133.6M87.8M49.7M
Property Plant And Equipment Gross23.3M7.0M30.7M27.4M33.9M35.6M
Total Current Assets108.3M123.6M113.5M119.8M145.3M91.4M
Short Term Debt1.5M2.0M5.5M5.5M5.8M6.1M
Intangible Assets5.3M1.7M54.1M50.4M46.7M49.1M
Other Liab2.6M3.2M6.4M2.5M2.9M2.3M
Net Tangible Assets107.3M123.1M43.1M40.0M46.0M62.1M
Other Assets14.1M41.8M14.8M26.1M30.0M31.5M
Short Term Investments30.6M10.7M12.5M16.1M13.9M17.9M
Property Plant Equipment23.3M7.0M6.8M6.1M7.0M6.8M
Retained Earnings Total Equity20.7M20.1M8.2M(9.6M)(11.1M)(10.5M)
Capital Surpluse91.9M104.7M120.0M131.0M150.7M103.7M

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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 Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' 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 Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 Tactile Systems. If investors know Tactile 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 Tactile Systems 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
(0.78)
Earnings Share
0.65
Revenue Per Share
11.991
Quarterly Revenue Growth
0.05
Return On Assets
0.0462
The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' 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 Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' 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 Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' 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.