Glaukos Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

GKOS Stock  USD 138.44  0.18  0.13%   
Glaukos Corp financial indicator trend analysis is much more than just examining Glaukos Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glaukos Corp is a good investment. Please check the relationship between Glaukos Corp Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos 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 persons.
For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glaukos Corp Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Glaukos Corp's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.18. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Glaukos Corp, assuming nothing else is changed. The correlation between historical values of Glaukos Corp's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Glaukos Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Glaukos Corp's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Glaukos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glaukos 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos 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 persons.
For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.At this time, Glaukos Corp's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.01 in 2024, whereas Selling General Administrative is likely to drop slightly above 120.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit227.4M213.9M239.1M139.0M
Total Revenue294.0M282.9M314.7M178.7M

Glaukos Corp fundamental ratios Correlations

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0.960.980.930.880.76-0.740.730.940.92-0.310.510.880.950.770.860.830.920.750.920.830.880.90.890.850.84
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0.950.930.90.780.64-0.590.550.910.9-0.210.690.90.950.750.770.840.920.630.930.870.770.850.80.870.88
0.880.880.90.780.95-0.940.890.880.95-0.220.460.820.840.720.910.790.930.930.850.730.90.970.940.750.79
0.80.760.790.640.95-0.930.820.820.86-0.30.470.790.70.630.740.820.830.970.80.60.920.90.860.620.78
-0.72-0.74-0.78-0.59-0.94-0.93-0.93-0.76-0.80.09-0.37-0.71-0.71-0.67-0.83-0.67-0.84-0.9-0.74-0.67-0.86-0.87-0.85-0.71-0.7
0.660.730.780.550.890.82-0.930.730.74-0.170.20.630.70.680.870.520.80.820.670.670.780.80.840.690.6
0.980.940.950.910.880.82-0.760.730.91-0.390.650.960.930.80.770.910.90.830.980.840.940.90.870.840.93
0.950.920.910.90.950.86-0.80.740.91-0.180.610.860.90.740.890.840.940.880.890.760.850.990.910.760.83
-0.32-0.31-0.31-0.21-0.22-0.30.09-0.17-0.39-0.180.1-0.38-0.16-0.18-0.03-0.41-0.13-0.28-0.36-0.18-0.43-0.12-0.24-0.15-0.36
0.680.510.510.690.460.47-0.370.20.650.610.10.720.620.510.320.730.60.480.70.520.540.610.50.510.74
0.950.880.890.90.820.79-0.710.630.960.86-0.380.720.90.820.670.960.90.781.00.870.920.850.830.870.99
0.950.950.950.950.840.7-0.710.70.930.9-0.160.620.90.90.860.820.930.720.940.920.830.880.850.930.88
0.810.770.80.750.720.63-0.670.680.80.74-0.180.510.820.90.740.720.810.70.850.880.760.730.730.890.82
0.790.860.870.770.910.74-0.830.870.770.89-0.030.320.670.860.740.580.90.760.730.760.710.90.880.780.63
0.920.830.830.840.790.82-0.670.520.910.84-0.410.730.960.820.720.580.820.80.950.740.910.830.790.740.96
0.920.920.910.920.930.83-0.840.80.90.94-0.130.60.90.930.810.90.820.80.920.890.860.950.910.90.88
0.810.750.80.630.930.97-0.90.820.830.88-0.280.480.780.720.70.760.80.80.790.580.890.90.860.60.75
0.970.920.920.930.850.8-0.740.670.980.89-0.360.71.00.940.850.730.950.920.790.890.930.870.850.890.98
0.840.830.850.870.730.6-0.670.670.840.76-0.180.520.870.920.880.760.740.890.580.890.750.740.751.00.87
0.90.880.90.770.90.92-0.860.780.940.85-0.430.540.920.830.760.710.910.860.890.930.750.870.860.770.9
0.920.90.90.850.970.9-0.870.80.90.99-0.120.610.850.880.730.90.830.950.90.870.740.870.940.760.82
0.870.890.890.80.940.86-0.850.840.870.91-0.240.50.830.850.730.880.790.910.860.850.750.860.940.760.8
0.840.850.860.870.750.62-0.710.690.840.76-0.150.510.870.930.890.780.740.90.60.891.00.770.760.760.86
0.920.840.840.880.790.78-0.70.60.930.83-0.360.740.990.880.820.630.960.880.750.980.870.90.820.80.86
Click cells to compare fundamentals

Glaukos Corp Account Relationship Matchups

Glaukos Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets818.4M1.0B1.0B1.0B940.4M504.4M
Other Current Liab51.9M40.9M55.0M57.5M58.3M32.2M
Total Current Liabilities57.7M49.7M63.4M72.4M74.0M41.4M
Total Stockholder Equity673.3M667.4M587.2M530.0M461.8M288.6M
Property Plant And Equipment Net91.8M95.5M146.1M166.8M174.5M183.3M
Net Debt10.2M174.2M281.7M263.0M290.3M304.8M
Retained Earnings(189.7M)(310.1M)(365.2M)(464.4M)(599.1M)(569.1M)
Accounts Payable5.8M4.4M7.3M14.4M13.4M14.1M
Cash62.4M96.6M100.7M119.5M93.5M51.9M
Non Current Assets Total555.5M536.1M563.6M558.5M545.0M572.2M
Non Currrent Assets Other15.0M16.8M(70.0M)(61.2M)21.3M22.4M
Other Assets15.0M88.2M18.5M17.7M20.3M15.3M
Cash And Short Term Investments174.0M404.4M414.1M352.7M295.4M192.3M
Net Receivables38.4M36.1M33.4M36.1M39.9M22.9M
Common Stock Shares Outstanding41.1M44.5M46.4M47.4M48.4M37.0M
Inventory42.6M15.8M23.0M37.8M42.0M44.1M
Other Current Assets7.9M26.4M31.3M17.3M18.2M10.4M
Other Stockholder Equity861.6M976.5M952.3M997.3M1.1B1.1B
Total Liab145.1M338.1M462.5M472.4M478.6M502.6M
Total Current Assets262.9M469.4M486.1M443.9M395.5M241.4M
Common Stock44K45K47K48K49K35.4K
Other Liab14.8M17.5M16.8M17.5M20.2M21.2M
Common Stock Total Equity44K45K47K48K55.2K36.5K
Short Term Investments111.6M307.8M313.3M233.2M202.0M153.2M
Liabilities And Stockholders Equity818.4M1.0B1.0B1.0B940.4M549.7M
Non Current Liabilities Total87.4M288.4M399.2M400.0M404.6M424.9M
Property Plant And Equipment Gross91.8M95.5M69.0M94.4M209.0M219.5M
Accumulated Other Comprehensive Income1.3M1.0M15K(3.0M)1.2M1.2M
Property Plant Equipment22.1M24.0M146.1M94.4M108.6M114.0M
Net Tangible Assets673.3M667.4M188.2M530.0M609.5M640.0M
Retained Earnings Total Equity(189.7M)(310.1M)(365.2M)(464.4M)(418.0M)(438.9M)
Capital Surpluse861.7M976.6M952.4M997.5M1.1B701.0M
Non Current Liabilities Other5.2M7.0M9.5M10.3M13.8M14.4M
Net Invested Capital673.3M856.9M867.2M811.4M744.5M670.3M

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