Apyx Inventory vs Other Stockholder Equity Analysis

APYX Stock  USD 1.18  0.01  0.84%   
Apyx Medical financial indicator trend analysis is way more than just evaluating Apyx Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apyx Medical is a good investment. Please check the relationship between Apyx Medical Inventory and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apyx Medical Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Apyx Medical's Inventory and Other Stockholder Equity is 0.38. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Apyx Medical, assuming nothing else is changed. The correlation between historical values of Apyx Medical's Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Apyx Medical are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Apyx Medical's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Other Stockholder Equity

Most indicators from Apyx Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apyx Medical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.At this time, Apyx Medical's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 88.8 M in 2024, despite the fact that Tax Provision is likely to grow to (2.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense10K15K2.5M2.6M
Depreciation And Amortization903K890K692K736.2K

Apyx Medical fundamental ratios Correlations

0.30.540.820.810.320.19-0.60.150.670.82-0.110.420.940.66-0.45-0.050.740.320.110.770.780.50.41.00.54
0.30.640.38-0.3-0.01-0.40.31-0.70.50.40.110.70.20.21-0.22-0.26-0.031.00.190.330.480.960.310.280.01
0.540.640.650.11-0.02-0.210.17-0.550.70.35-0.230.520.430.48-0.220.090.420.660.320.440.790.740.230.550.16
0.820.380.650.530.230.09-0.54-0.270.950.82-0.230.570.660.89-0.310.140.710.40.210.850.880.620.360.830.33
0.81-0.30.110.530.330.43-0.770.630.290.55-0.14-0.040.840.45-0.310.060.73-0.29-0.020.520.44-0.10.230.820.56
0.32-0.01-0.020.230.330.25-0.320.00.260.260.760.280.130.3-0.7-0.750.610.00.710.370.390.070.880.250.24
0.19-0.4-0.210.090.430.25-0.510.350.030.15-0.14-0.560.290.0-0.26-0.030.49-0.39-0.27-0.120.14-0.310.060.210.17
-0.60.310.17-0.54-0.77-0.32-0.51-0.46-0.35-0.730.170.08-0.6-0.480.19-0.16-0.60.30.22-0.63-0.320.11-0.18-0.61-0.41
0.15-0.7-0.55-0.270.630.00.35-0.46-0.49-0.07-0.1-0.560.34-0.270.080.090.04-0.71-0.36-0.11-0.41-0.68-0.230.160.34
0.670.50.70.950.290.260.03-0.35-0.490.7-0.130.630.470.82-0.350.040.610.520.340.770.870.710.40.670.25
0.820.40.350.820.550.260.15-0.73-0.070.7-0.120.450.740.65-0.320.030.580.42-0.060.850.690.580.370.820.43
-0.110.11-0.23-0.23-0.140.76-0.140.17-0.1-0.13-0.120.29-0.28-0.12-0.6-0.910.040.110.68-0.04-0.010.030.64-0.2-0.1
0.420.70.520.57-0.040.28-0.560.08-0.560.630.450.290.160.65-0.33-0.30.180.710.510.620.580.770.470.380.05
0.940.20.430.660.840.130.29-0.60.340.470.74-0.280.160.42-0.280.080.620.21-0.140.610.590.360.210.950.58
0.660.210.480.890.450.30.0-0.48-0.270.820.65-0.120.650.42-0.30.110.660.240.280.780.790.450.360.660.19
-0.45-0.22-0.22-0.31-0.31-0.7-0.260.190.08-0.35-0.32-0.6-0.33-0.28-0.30.78-0.47-0.23-0.42-0.32-0.55-0.28-0.49-0.38-0.2
-0.05-0.260.090.140.06-0.75-0.03-0.160.090.040.03-0.91-0.30.080.110.78-0.09-0.25-0.550.0-0.11-0.18-0.610.03-0.06
0.74-0.030.420.710.730.610.49-0.60.040.610.580.040.180.620.66-0.47-0.09-0.010.380.570.80.190.620.730.4
0.321.00.660.4-0.290.0-0.390.3-0.710.520.420.110.710.210.24-0.23-0.25-0.010.20.350.50.970.310.30.0
0.110.190.320.21-0.020.71-0.270.22-0.360.34-0.060.680.51-0.140.28-0.42-0.550.380.20.220.380.230.760.050.01
0.770.330.440.850.520.37-0.12-0.63-0.110.770.85-0.040.620.610.78-0.320.00.570.350.220.680.530.440.760.47
0.780.480.790.880.440.390.14-0.32-0.410.870.69-0.010.580.590.79-0.55-0.110.80.50.380.680.670.510.770.27
0.50.960.740.62-0.10.07-0.310.11-0.680.710.580.030.770.360.45-0.28-0.180.190.970.230.530.670.370.480.09
0.40.310.230.360.230.880.06-0.18-0.230.40.370.640.470.210.36-0.49-0.610.620.310.760.440.510.370.340.26
1.00.280.550.830.820.250.21-0.610.160.670.82-0.20.380.950.66-0.380.030.730.30.050.760.770.480.340.54
0.540.010.160.330.560.240.17-0.410.340.250.43-0.10.050.580.19-0.2-0.060.40.00.010.470.270.090.260.54
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Apyx Medical Account Relationship Matchups

Apyx Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.7M74.1M68.7M51.8M79.2M83.2M
Short Long Term Debt Total1.1M676K305K796K38.5M40.4M
Other Current Liab1.5M1.7M1.9M8.1M9.2M9.6M
Total Current Liabilities12.2M9.2M13.2M11.9M12.7M13.4M
Total Stockholder Equity71.3M63.7M53.7M37.6M26.7M24.4M
Property Plant And Equipment Net7.6M7.2M6.9M7.6M7.1M5.3M
Net Debt(57.7M)(41.2M)(30.6M)(9.4M)(5.2M)(5.4M)
Retained Earnings14.5M2.6M(12.6M)(35.7M)(54.4M)(51.7M)
Accounts Payable2.4M1.5M2.6M2.7M2.7M2.8M
Cash58.8M41.9M30.9M10.2M43.7M45.8M
Non Current Assets Total8.0M8.0M8.0M8.8M8.9M8.2M
Non Currrent Assets Other391K807K1.1M1.2M1.7M1.8M
Cash And Short Term Investments58.8M41.9M30.9M10.2M43.7M45.8M
Net Receivables9.2M17.3M21.2M18.2M14.1M14.8M
Common Stock Shares Outstanding34.1M34.2M34.3M34.5M34.6M22.4M
Liabilities And Stockholders Equity84.7M74.1M68.7M51.8M79.2M83.2M
Non Current Liabilities Total1.2M1.1M1.5M2.1M39.6M41.6M
Inventory5.1M4.1M6.8M11.8M9.9M5.3M
Other Current Assets3.6M2.8M1.9M2.7M2.7M2.9M
Other Stockholder Equity56.7M61.1M66.2M73.3M81.1M85.2M
Total Liab13.4M10.3M14.7M14.0M52.3M54.9M
Property Plant And Equipment Gross7.5M7.2M6.9M7.6M10.7M5.4M
Total Current Assets76.7M66.1M60.7M43.0M70.4M73.9M
Other Assets191K1.5M1.1M1.2M1.4M1.1M
Property Plant Equipment6.6M7.2M6.6M6.8M7.8M5.8M
Net Tangible Assets71.3M63.7M53.7M37.6M43.2M40.5M
Retained Earnings Total Equity14.5M2.6M(12.6M)(35.7M)(41.1M)(39.0M)
Capital Surpluse56.7M61.1M66.2M73.3M84.3M51.5M

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When running Apyx Medical's price analysis, check to measure Apyx Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to predict the probability of Apyx Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.