Orthofix Long Term Debt Total vs Current Deferred Revenue Analysis

OFIX Stock

USD 17.96 0.13 0.72%

Orthofix Medical financial indicator trend analysis is much more than just breaking down Orthofix Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orthofix Medical is a good investment. Please check the relationship between Orthofix Medical Long Term Debt Total and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix 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 gross domestic product.

For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.

Long Term Debt Total vs Current Deferred Revenue

Long Term Debt Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orthofix Medical Long Term Debt Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Orthofix Medical's Long Term Debt Total and Current Deferred Revenue is 0.1. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Orthofix Medical, assuming nothing else is changed. The correlation between historical values of Orthofix Medical's Long Term Debt Total and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Orthofix Medical are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt Total i.e., Orthofix Medical's Long Term Debt Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt Total

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Orthofix Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orthofix 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix 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 gross domestic product.

For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.At this time, Orthofix Medical's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	349.6M	337.2M	486.3M	259.2M
Total Revenue	464.5M	460.7M	746.6M	784.0M

Gross Profit Total Revenue

Orthofix Medical fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Common Stock Shares Outstanding		0.92	0.47	0.83	0.78	0.95	0.99	0.51	-0.78	0.98	-0.03	0.95	0.16	-0.06	0.32	0.51	0.98	0.12	0.99	0.5	0.87	0.46	0.17	0.86	0.69	0.73
Total Assets	0.92		0.69	0.83	0.94	0.95	0.92	0.66	-0.58	0.92	0.03	0.97	0.14	0.0	0.62	0.75	0.94	0.43	0.9	0.75	0.76	0.69	0.45	0.84	0.74	0.68
Short Long Term Debt Total	0.47	0.69		0.34	0.83	0.45	0.49	0.91	-0.32	0.48	-0.27	0.64	0.19	-0.29	0.75	0.95	0.53	0.85	0.44	0.92	0.36	0.64	0.91	0.48	0.35	0.46
Other Current Liab	0.83	0.83	0.34		0.77	0.86	0.81	0.2	-0.48	0.77	0.4	0.85	0.26	0.38	0.29	0.43	0.78	0.13	0.8	0.51	0.64	0.5	0.09	0.73	0.75	0.6
Total Current Liabilities	0.78	0.94	0.83	0.77		0.8	0.79	0.72	-0.5	0.78	0.09	0.9	0.29	0.06	0.66	0.85	0.81	0.61	0.76	0.87	0.66	0.68	0.68	0.76	0.64	0.58
Total Stockholder Equity	0.95	0.95	0.45	0.86	0.8		0.94	0.44	-0.58	0.94	0.09	0.92	0.02	0.06	0.49	0.53	0.95	0.2	0.94	0.55	0.79	0.63	0.17	0.81	0.8	0.71
Property Plant And Equipment Net	0.99	0.92	0.49	0.81	0.79	0.94		0.53	-0.8	0.98	-0.03	0.96	0.19	-0.06	0.31	0.54	0.98	0.12	0.99	0.52	0.87	0.45	0.21	0.88	0.67	0.73
Net Debt	0.51	0.66	0.91	0.2	0.72	0.44	0.53		-0.43	0.54	-0.57	0.61	0.07	-0.58	0.65	0.84	0.58	0.7	0.49	0.74	0.43	0.46	0.81	0.47	0.19	0.37
Retained Earnings	-0.78	-0.58	-0.32	-0.48	-0.5	-0.58	-0.8	-0.43		-0.81	0.13	-0.73	-0.42	0.16	0.11	-0.32	-0.76	0.17	-0.83	-0.27	-0.86	0.0	-0.15	-0.81	-0.34	-0.6
Accounts Payable	0.98	0.92	0.48	0.77	0.78	0.94	0.98	0.54	-0.81		-0.01	0.94	0.21	-0.05	0.35	0.53	0.99	0.11	0.99	0.52	0.92	0.46	0.24	0.9	0.69	0.73
Cash	-0.03	0.03	-0.27	0.4	0.09	0.09	-0.03	-0.57	0.13	-0.01		0.05	0.32	1.0	-0.14	-0.13	-0.06	-0.2	0.0	0.0	0.02	0.08	-0.18	0.16	0.31	0.0
Non Current Assets Total	0.95	0.97	0.64	0.85	0.9	0.92	0.96	0.61	-0.73	0.94	0.05		0.28	0.02	0.45	0.7	0.95	0.29	0.95	0.69	0.81	0.53	0.39	0.92	0.68	0.7
Non Currrent Assets Other	0.16	0.14	0.19	0.26	0.29	0.02	0.19	0.07	-0.42	0.21	0.32	0.28		0.31	-0.24	0.23	0.18	-0.04	0.19	0.24	0.27	-0.16	0.22	0.38	0.0	0.1
Cash And Short Term Investments	-0.06	0.0	-0.29	0.38	0.06	0.06	-0.06	-0.58	0.16	-0.05	1.0	0.02	0.31		-0.15	-0.16	-0.09	-0.21	-0.03	-0.02	-0.01	0.06	-0.19	0.13	0.28	-0.05
Net Receivables	0.32	0.62	0.75	0.29	0.66	0.49	0.31	0.65	0.11	0.35	-0.14	0.45	-0.24	-0.15		0.78	0.41	0.84	0.28	0.8	0.19	0.88	0.66	0.27	0.54	0.41
Non Current Liabilities Total	0.51	0.75	0.95	0.43	0.85	0.53	0.54	0.84	-0.32	0.53	-0.13	0.7	0.23	-0.16	0.78		0.58	0.79	0.49	0.97	0.37	0.73	0.83	0.58	0.48	0.55
Inventory	0.98	0.94	0.53	0.78	0.81	0.95	0.98	0.58	-0.76	0.99	-0.06	0.95	0.18	-0.09	0.41	0.58		0.18	0.98	0.56	0.87	0.52	0.26	0.88	0.69	0.72
Other Current Assets	0.12	0.43	0.85	0.13	0.61	0.2	0.12	0.7	0.17	0.11	-0.2	0.29	-0.04	-0.21	0.84	0.79	0.18		0.06	0.8	-0.01	0.71	0.83	0.05	0.27	0.2
Other Stockholder Equity	0.99	0.9	0.44	0.8	0.76	0.94	0.99	0.49	-0.83	0.99	0.0	0.95	0.19	-0.03	0.28	0.49	0.98	0.06		0.48	0.91	0.42	0.18	0.9	0.69	0.73
Total Liab	0.5	0.75	0.92	0.51	0.87	0.55	0.52	0.74	-0.27	0.52	0.0	0.69	0.24	-0.02	0.8	0.97	0.56	0.8	0.48		0.38	0.81	0.8	0.56	0.6	0.61
Property Plant And Equipment Gross	0.87	0.76	0.36	0.64	0.66	0.79	0.87	0.43	-0.86	0.92	0.02	0.81	0.27	-0.01	0.19	0.37	0.87	-0.01	0.91	0.38		0.31	0.22	0.85	0.63	0.66
Total Current Assets	0.46	0.69	0.64	0.5	0.68	0.63	0.45	0.46	0.0	0.46	0.08	0.53	-0.16	0.06	0.88	0.73	0.52	0.71	0.42	0.81	0.31		0.47	0.36	0.81	0.65
Short Term Debt	0.17	0.45	0.91	0.09	0.68	0.17	0.21	0.81	-0.15	0.24	-0.18	0.39	0.22	-0.19	0.66	0.83	0.26	0.83	0.18	0.8	0.22	0.47		0.31	0.12	0.16
Intangible Assets	0.86	0.84	0.48	0.73	0.76	0.81	0.88	0.47	-0.81	0.9	0.16	0.92	0.38	0.13	0.27	0.58	0.88	0.05	0.9	0.56	0.85	0.36	0.31		0.6	0.65
Common Stock Total Equity	0.69	0.74	0.35	0.75	0.64	0.8	0.67	0.19	-0.34	0.69	0.31	0.68	0.0	0.28	0.54	0.48	0.69	0.27	0.69	0.6	0.63	0.81	0.12	0.6		0.83
Common Stock	0.73	0.68	0.46	0.6	0.58	0.71	0.73	0.37	-0.6	0.73	0.0	0.7	0.1	-0.05	0.41	0.55	0.72	0.2	0.73	0.61	0.66	0.65	0.16	0.65	0.83

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Orthofix Medical Account Relationship Matchups

Orthofix Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	18.9M	19.4M	19.7M	20.1M	36.7M	38.6M
Total Assets	495.6M	525.9M	476.6M	458.6M	925.3M	971.6M
Other Current Liab	64.7M	72.7M	70.3M	47.2M	93.8M	98.5M
Total Current Liabilities	84.9M	103.9M	105.8M	83.6M	165.2M	173.5M
Total Stockholder Equity	327.6M	356.9M	336.9M	336.9M	598.7M	628.7M
Property Plant And Equipment Net	62.7M	63.6M	59.3M	58.2M	159.1M	167.0M
Net Debt	(48.7M)	(71.4M)	(65.4M)	(30.8M)	96.4M	101.3M
Retained Earnings	57.7M	59.4M	21M	1.3M	(150.1M)	(142.6M)
Accounts Payable	19.9M	23.1M	26.5M	27.6M	58.4M	61.3M
Cash	69.7M	96.3M	87.8M	50.7M	37.8M	39.8M
Non Current Assets Total	235.1M	255.5M	207.1M	202.6M	504.9M	530.1M
Non Currrent Assets Other	11.9M	17.3M	16.7M	25.7M	33.4M	35.1M
Cash And Short Term Investments	69.7M	96.3M	87.8M	50.7M	33.1M	39.7M
Net Receivables	86.8M	72.4M	78.6M	82.9M	128.1M	79.5M
Liabilities And Stockholders Equity	495.6M	525.9M	476.6M	458.6M	925.3M	971.6M
Non Current Liabilities Total	83.1M	65.1M	33.9M	38.1M	161.4M	92.9M
Inventory	82.4M	84.6M	83.0M	100.2M	222.2M	233.3M
Other Current Assets	20.9M	17.0M	20.1M	22.3M	37.1M	21.1M
Other Stockholder Equity	271.0M	292.3M	314.0M	335.0M	746.5M	783.8M
Total Liab	168.0M	169.0M	139.7M	121.8M	326.6M	165.1M
Property Plant And Equipment Gross	62.7M	63.6M	242.2M	221.2M	347.7M	365.1M
Total Current Assets	260.6M	270.4M	269.5M	256.0M	420.4M	217.2M
Accumulated Other Comprehensive Income	3.3M	(3.0M)	3.3M	(1.4M)	(1.3M)	(1.2M)
Short Term Debt	323K	2.6M	4.4M	2.3M	5.4M	4.8M
Intangible Assets	54.1M	60.5M	52.7M	47.4M	117.5M	123.4M
Common Stock Total Equity	1.9M	1.9M	2.0M	2.0M	2.3M	1.9M
Common Stock	1.9M	1.9M	2.0M	2.0M	3.7M	2.0M
Other Liab	58.4M	39.8M	14.0M	13.5M	15.6M	16.4M
Other Assets	41.0M	47.3M	23.9M	12.8M	14.8M	28.8M
Good Will	72.4M	71.2M	84.0M	71.3M	194.9M	98.1M
Property Plant Equipment	62.7M	63.6M	59.3M	58.2M	67.0M	43.5M
Net Tangible Assets	202.3M	212.3M	213.0M	218.2M	250.9M	234.7M
Retained Earnings Total Equity	57.7M	59.4M	21M	1.3M	1.1M	1.1M
Capital Surpluse	271.0M	292.3M	314.0M	335.0M	385.2M	280.6M

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Orthofix Long Term Debt Total vs Current Deferred Revenue Analysis

Long Term Debt Total vs Current Deferred Revenue

Long Term Debt Total vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Current Deferred Revenue

Orthofix Medical fundamental ratios Correlations

Orthofix Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Orthofix Medical fundamental ratios Accounts

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Additional Tools for Orthofix Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Accounts Payable
Other Stockholder Equity	+ 0.99	Accounts Payable

Property Plant And Equipment Gross	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.83	Retained Earnings
Intangible Assets	- 0.81	Retained Earnings
Accounts Payable	- 0.81	Retained Earnings
Retained Earnings	- 0.8	Property Plant And Equipment Net
Retained Earnings	- 0.78	Common Stock Shares Outstanding