Medirom Common Stock Shares Outstanding vs Non Currrent Assets Other Analysis

MRM Stock  USD 3.02  0.22  6.79%   
Medirom Healthcare financial indicator trend analysis is infinitely more than just investigating Medirom Healthcare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medirom Healthcare is a good investment. Please check the relationship between Medirom Healthcare Common Stock Shares Outstanding and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medirom Healthcare Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Shares Outstanding vs Non Currrent Assets Other

Common Stock Shares Outstanding vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medirom Healthcare Common Stock Shares Outstanding account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Medirom Healthcare's Common Stock Shares Outstanding and Non Currrent Assets Other is -0.42. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Medirom Healthcare Technologies, assuming nothing else is changed. The correlation between historical values of Medirom Healthcare's Common Stock Shares Outstanding and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Medirom Healthcare Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Shares Outstanding i.e., Medirom Healthcare's Common Stock Shares Outstanding and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.
Most indicators from Medirom Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medirom Healthcare 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medirom Healthcare Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 30th of September 2024, Enterprise Value is likely to grow to about 7.6 B, though Tax Provision is likely to grow to (89.7 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization151.5M184.1M252.6M135.8M
Interest Income839K6.1M1.1M2.0M

Medirom Healthcare fundamental ratios Correlations

-0.310.980.970.320.95-0.710.3-0.68-0.36-0.250.330.250.90.05-0.420.960.21-0.320.890.920.46-0.910.93-0.260.88
-0.31-0.42-0.12-0.76-0.36-0.350.780.250.980.440.42-0.960.11-0.590.72-0.21-0.960.65-0.1-0.510.48-0.02-0.080.920.02
0.98-0.420.940.320.95-0.660.19-0.7-0.47-0.380.290.390.830.13-0.490.970.36-0.410.870.940.35-0.840.93-0.370.8
0.97-0.120.940.10.91-0.850.46-0.75-0.18-0.310.530.090.94-0.14-0.240.970.05-0.150.950.860.59-0.920.97-0.120.88
0.32-0.760.320.10.330.39-0.550.05-0.710.12-0.550.590.050.57-0.540.10.59-0.430.030.45-0.29-0.08-0.02-0.670.19
0.95-0.360.950.910.33-0.640.17-0.61-0.42-0.310.220.370.870.06-0.550.930.34-0.370.860.960.21-0.760.89-0.40.73
-0.71-0.35-0.66-0.850.39-0.64-0.760.7-0.270.24-0.80.33-0.870.52-0.1-0.80.36-0.17-0.86-0.53-0.740.82-0.86-0.29-0.74
0.30.780.190.46-0.550.17-0.76-0.130.740.320.57-0.80.61-0.420.490.39-0.820.380.380.00.83-0.630.490.820.6
-0.680.25-0.7-0.750.05-0.610.7-0.130.30.73-0.75-0.24-0.560.430.14-0.7-0.21-0.01-0.85-0.66-0.450.57-0.690.33-0.48
-0.360.98-0.47-0.18-0.71-0.42-0.270.740.30.430.39-0.960.05-0.560.83-0.26-0.950.74-0.14-0.530.470.04-0.170.89-0.04
-0.250.44-0.38-0.310.12-0.310.240.320.730.43-0.47-0.54-0.060.230.13-0.36-0.540.01-0.48-0.440.10.0-0.290.580.14
0.330.420.290.53-0.550.22-0.80.57-0.750.39-0.47-0.410.48-0.820.480.42-0.420.570.670.230.71-0.430.470.260.33
0.25-0.960.390.090.590.370.33-0.8-0.24-0.96-0.54-0.41-0.130.56-0.770.211.0-0.690.090.49-0.610.10.1-0.92-0.13
0.90.110.830.940.050.87-0.870.61-0.560.05-0.060.48-0.13-0.22-0.150.89-0.17-0.030.890.770.6-0.910.910.070.89
0.05-0.590.13-0.140.570.060.52-0.420.43-0.560.23-0.820.56-0.22-0.550.010.56-0.77-0.370.06-0.420.03-0.07-0.30.01
-0.420.72-0.49-0.24-0.54-0.55-0.10.490.140.830.130.48-0.77-0.15-0.55-0.35-0.760.89-0.15-0.510.490.19-0.330.64-0.2
0.96-0.210.970.970.10.93-0.80.39-0.7-0.26-0.360.420.210.890.01-0.350.18-0.310.90.870.47-0.890.98-0.170.82
0.21-0.960.360.050.590.340.36-0.82-0.21-0.95-0.54-0.421.0-0.170.56-0.760.18-0.680.050.46-0.630.140.07-0.92-0.17
-0.320.65-0.41-0.15-0.43-0.37-0.170.38-0.010.740.010.57-0.69-0.03-0.770.89-0.31-0.680.04-0.30.380.21-0.290.41-0.21
0.89-0.10.870.950.030.86-0.860.38-0.85-0.14-0.480.670.090.89-0.37-0.150.90.050.040.860.53-0.790.88-0.210.72
0.92-0.510.940.860.450.96-0.530.0-0.66-0.53-0.440.230.490.770.06-0.510.870.46-0.30.860.16-0.670.79-0.570.63
0.460.480.350.59-0.290.21-0.740.83-0.450.470.10.71-0.610.6-0.420.490.47-0.630.380.530.16-0.730.520.560.72
-0.91-0.02-0.84-0.92-0.08-0.760.82-0.630.570.040.0-0.430.1-0.910.030.19-0.890.140.21-0.79-0.67-0.73-0.92-0.15-0.99
0.93-0.080.930.97-0.020.89-0.860.49-0.69-0.17-0.290.470.10.91-0.07-0.330.980.07-0.290.880.790.52-0.92-0.040.85
-0.260.92-0.37-0.12-0.67-0.4-0.290.820.330.890.580.26-0.920.07-0.30.64-0.17-0.920.41-0.21-0.570.56-0.15-0.040.15
0.880.020.80.880.190.73-0.740.6-0.48-0.040.140.33-0.130.890.01-0.20.82-0.17-0.210.720.630.72-0.990.850.15
Click cells to compare fundamentals

Medirom Healthcare Account Relationship Matchups

Medirom Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.7B5.8B6.7B6.8B6.3B
Short Long Term Debt Total2.4B1.9B2.8B2.5B2.9B2.8B
Other Current Liab581.4M2.3B1.9B3.3B2.9B2.1B
Total Current Liabilities2.3B2.7B3.2B3.6B3.6B3.2B
Total Stockholder Equity600.1M491.3M(208.3M)(59.4M)210.9M122.3M
Property Plant And Equipment Net2.0B1.8B2.2B2.4B2.5B2.4B
Current Deferred Revenue483.1M442.4M104.2M89.0M512.0M287.1M
Net Debt1.8B463.8M2.4B1.9B2.8B2.2B
Retained Earnings(705.3M)(1.7B)(2.7B)(2.5B)80.3M84.3M
Accounts Payable122.6M67.0M230.9M207.6M137.7M166.3M
Cash513.6M1.4B370.6M605.5M106.3M101.0M
Non Current Assets Total3.4B3.6B4.4B4.4B5.1B4.5B
Non Currrent Assets Other987.3M1.6B107.2M1.0B1.1B749.7M
Long Term Debt150.5M668.4M746.6M1.1B1.1B753.3M
Cash And Short Term Investments552.1M1.5B397.1M606.0M106.8M101.5M
Net Receivables773.6M148.5M855.3M534.7M621.9M476.9M
Good Will78.3M150.7M600.3M539.5M484.6M351.5M
Short Term Investments38.5M32.5M26.5M500K450K427.5K
Liabilities And Stockholders Equity4.8B5.7B5.8B6.7B6.8B6.3B
Non Current Liabilities Total1.9B2.6B2.8B3.2B3.1B2.9B
Capital Lease Obligations1.8B1.7B1.9B2.0B2.1B2.1B
Inventory5.5M8.0M18.7M114.1M140.0M147.0M
Other Current Assets47.5M458.5M111.2M1.1B890.0M486.9M
Total Liab4.2B5.2B6.0B6.8B6.6B6.1B
Net Invested Capital1.1B1.3B700.5M1.2B1.8B1.2B
Property Plant And Equipment Gross2.0B183.1M2.4B2.6B2.8B2.3B
Short Long Term Debt371.6M221.1M162.3M99.2M500.4M525.4M
Total Current Assets1.4B2.1B1.4B2.4B1.8B1.8B
Non Current Liabilities Other5.6M348.4M25.2M335.0M271.7M182.0M
Net Working Capital(884.0M)428.3M(1.8B)(1.3B)(1.8B)(1.9B)
Short Term Debt1.1B242.3M917.5M99.2M500.4M535.6M
Intangible Assets77.6M97.6M391.0M403.7M920.7M966.7M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Medirom Stock

When determining whether Medirom Healthcare is a strong investment it is important to analyze Medirom Healthcare's 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 Medirom Healthcare's future performance. For an informed investment choice regarding Medirom Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medirom Healthcare Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Health Care Providers & Services 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 Medirom Healthcare. If investors know Medirom 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 Medirom Healthcare 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
0.582
Earnings Share
0.15
Revenue Per Share
1.4 K
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
The market value of Medirom Healthcare is measured differently than its book value, which is the value of Medirom that is recorded on the company's balance sheet. Investors also form their own opinion of Medirom Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Medirom Healthcare'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 Medirom Healthcare's market value can be influenced by many factors that don't directly affect Medirom Healthcare'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 Medirom Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medirom Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medirom Healthcare'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.