Tela Total Stockholder Equity vs Total Current Liabilities Analysis

TELA Stock  USD 3.03  0.09  3.06%   
Tela Bio financial indicator trend analysis is much more than just breaking down Tela Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tela Bio is a good investment. Please check the relationship between Tela Bio Total Stockholder Equity and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tela Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Tela Stock refer to our How to Trade Tela Stock guide.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tela Bio Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tela Bio's Total Stockholder Equity and Total Current Liabilities is 0.56. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Tela Bio, assuming nothing else is changed. The correlation between historical values of Tela Bio's Total Stockholder Equity and Total Current Liabilities 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 Tela Bio are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Tela Bio's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Current Liabilities

Total Current Liabilities is an item on Tela Bio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tela Bio 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 indicators from Tela Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tela Bio 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 Tela Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Tela Stock refer to our How to Trade Tela Stock guide.As of November 29, 2024, Selling General Administrative is expected to decline to about 10.6 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 35.7 M
 2023 2024 (projected)
Depreciation And Amortization808K850.9K
Interest Income3.3M2.6M

Tela Bio fundamental ratios Correlations

0.920.790.650.97-0.970.960.45-0.41-0.48-0.840.070.970.85-0.61-0.410.920.970.760.880.91-0.930.780.790.94-0.91
0.920.890.810.82-0.950.820.54-0.43-0.11-0.870.320.830.97-0.44-0.431.00.830.810.871.0-0.760.890.660.89-0.73
0.790.890.970.69-0.770.680.74-0.520.03-0.910.110.670.95-0.28-0.520.880.630.880.940.91-0.650.970.530.9-0.6
0.650.810.970.56-0.660.550.79-0.550.23-0.860.170.50.91-0.14-0.550.80.470.870.890.83-0.520.960.390.8-0.47
0.970.820.690.56-0.941.00.45-0.41-0.55-0.81-0.010.950.74-0.72-0.410.820.960.740.850.8-0.990.720.830.92-0.98
-0.97-0.95-0.77-0.66-0.94-0.94-0.450.430.320.85-0.28-0.92-0.880.590.43-0.95-0.93-0.77-0.84-0.930.9-0.79-0.78-0.90.89
0.960.820.680.551.0-0.940.44-0.4-0.56-0.81-0.020.950.73-0.73-0.40.820.950.730.840.79-0.990.710.830.92-0.99
0.450.540.740.790.45-0.450.44-0.850.22-0.84-0.160.320.66-0.03-0.850.520.290.910.730.53-0.420.760.160.61-0.38
-0.41-0.43-0.52-0.55-0.410.43-0.4-0.85-0.090.750.07-0.34-0.49-0.191.0-0.42-0.33-0.82-0.53-0.410.35-0.48-0.21-0.440.33
-0.48-0.110.030.23-0.550.32-0.560.22-0.090.090.5-0.640.040.54-0.09-0.11-0.630.01-0.2-0.10.560.08-0.55-0.350.59
-0.84-0.87-0.91-0.86-0.810.85-0.81-0.840.750.09-0.03-0.74-0.890.350.75-0.87-0.72-0.98-0.92-0.860.77-0.91-0.61-0.910.74
0.070.320.110.17-0.01-0.28-0.02-0.160.070.5-0.03-0.040.30.130.070.330.030.010.00.320.040.140.05-0.050.05
0.970.830.670.50.95-0.920.950.32-0.34-0.64-0.74-0.040.73-0.62-0.340.840.990.640.780.82-0.90.640.820.88-0.9
0.850.970.950.910.74-0.880.730.66-0.490.04-0.890.30.73-0.33-0.490.970.720.860.90.98-0.680.950.510.87-0.64
-0.61-0.44-0.28-0.14-0.720.59-0.73-0.03-0.190.540.350.13-0.62-0.33-0.19-0.44-0.63-0.25-0.46-0.40.78-0.4-0.63-0.610.8
-0.41-0.43-0.52-0.55-0.410.43-0.4-0.851.0-0.090.750.07-0.34-0.49-0.19-0.42-0.33-0.82-0.53-0.410.35-0.48-0.21-0.440.33
0.921.00.880.80.82-0.950.820.52-0.42-0.11-0.870.330.840.97-0.44-0.420.830.790.861.0-0.760.880.670.89-0.73
0.970.830.630.470.96-0.930.950.29-0.33-0.63-0.720.030.990.72-0.63-0.330.830.630.760.82-0.910.620.80.86-0.91
0.760.810.880.870.74-0.770.730.91-0.820.01-0.980.010.640.86-0.25-0.820.790.630.90.79-0.70.890.490.84-0.67
0.880.870.940.890.85-0.840.840.73-0.53-0.2-0.920.00.780.9-0.46-0.530.860.760.90.88-0.830.940.630.97-0.8
0.911.00.910.830.8-0.930.790.53-0.41-0.1-0.860.320.820.98-0.4-0.411.00.820.790.88-0.740.890.640.89-0.71
-0.93-0.76-0.65-0.52-0.990.9-0.99-0.420.350.560.770.04-0.9-0.680.780.35-0.76-0.91-0.7-0.83-0.74-0.7-0.83-0.91.0
0.780.890.970.960.72-0.790.710.76-0.480.08-0.910.140.640.95-0.4-0.480.880.620.890.940.89-0.70.510.9-0.65
0.790.660.530.390.83-0.780.830.16-0.21-0.55-0.610.050.820.51-0.63-0.210.670.80.490.630.64-0.830.510.76-0.83
0.940.890.90.80.92-0.90.920.61-0.44-0.35-0.91-0.050.880.87-0.61-0.440.890.860.840.970.89-0.90.90.76-0.88
-0.91-0.73-0.6-0.47-0.980.89-0.99-0.380.330.590.740.05-0.9-0.640.80.33-0.73-0.91-0.67-0.8-0.711.0-0.65-0.83-0.88
Click cells to compare fundamentals

Tela Bio Account Relationship Matchups

Tela Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.9M86.5M62.5M67.9M78.0M63.7M
Short Long Term Debt Total30.2M30.8M31.5M40.3M41.1M33.0M
Other Current Liab3.5M6.0M8.2M10.5M14.7M8.0M
Total Current Liabilities6.7M6.6M10.6M12.4M17.0M10.8M
Total Stockholder Equity31.0M49.0M20.1M14.3M18.9M19.8M
Net Tangible Assets28.1M46.4M17.8M11.8M13.6M14.3M
Property Plant And Equipment Net677K626K1.2M2.9M3.9M4.1M
Net Debt(15.1M)(43.6M)(12.4M)(2.1M)(5.6M)(5.9M)
Retained Earnings(167.9M)(196.7M)(229.9M)(274.2M)(320.9M)(336.9M)
Accounts Payable3.2M652K2.4M1.5M1.7M1.6M
Cash45.3M74.4M43.9M42.0M46.7M44.2M
Non Current Assets Total3.6M3.2M3.5M5.4M6.3M4.3M
Non Currrent Assets Other(3.6M)(3.2M)(3.5M)(5.4M)265K278.3K
Long Term Debt30.2M30.8M31.5M39.9M40.5M32.4M
Cash And Short Term Investments54.6M74.4M43.9M42.0M46.7M45.6M
Net Receivables2.8M2.7M4.2M6.6M9.7M10.2M
Common Stock Shares Outstanding11.4M12.9M14.5M16.3M22.9M14.3M
Long Term Debt Total31.4M30.2M31.5M39.9M45.9M30.4M
Liabilities And Stockholders Equity67.9M86.5M62.5M67.9M78.0M63.7M
Non Current Liabilities Total30.2M30.8M31.9M41.1M42.2M51.4M
Inventory4.6M3.9M7.7M11.8M13.2M7.4M
Other Current Assets2.3M4.5M6.5M2.0M2.1M2.8M
Other Stockholder Equity130.9M245.7M250.1M288.4M339.7M198.1M
Total Liab37.0M37.4M42.4M53.6M59.2M59.2M
Net Invested Capital61.2M79.9M51.6M54.2M59.4M62.4M
Property Plant And Equipment Gross677K626K4.9M2.9M8.3M8.7M
Total Current Assets64.3M83.2M59.1M62.4M71.7M59.5M
Accumulated Other Comprehensive Income(19K)(71K)(52K)150K91K95.6K
Non Current Liabilities Other5K4K380K1.2M1.7M1.8M
Net Working Capital57.6M76.6M48.5M50.0M54.8M48.6M
Common Stock11K14K15K19K24K15.2K
Property Plant Equipment677K626K1.2M1.7M1.9M1.1M
Capital Stock11K14K15K19K24K15.2K
Intangible Assets2.9M2.6M2.3M2.5M2.1M2.1M

Also Currently Popular

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 Tela Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tela Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tela Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tela Bio Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tela Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Tela Stock refer to our How to Trade Tela Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge 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 Tela Bio. If investors know Tela 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 Tela Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.69)
Revenue Per Share
2.789
Quarterly Revenue Growth
0.259
Return On Assets
(0.41)
Return On Equity
(3.42)
The market value of Tela Bio is measured differently than its book value, which is the value of Tela that is recorded on the company's balance sheet. Investors also form their own opinion of Tela Bio's value that differs from its market value or its book value, called intrinsic value, which is Tela Bio'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 Tela Bio's market value can be influenced by many factors that don't directly affect Tela Bio'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 Tela Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tela Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tela Bio'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.