Sensus Net Tangible Assets vs Intangible Assets Analysis

SRTS Stock  USD 5.10  0.03  0.58%   
Sensus Healthcare financial indicator trend analysis is much more than just breaking down Sensus Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensus Healthcare is a good investment. Please check the relationship between Sensus Healthcare Net Tangible Assets and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sensus Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Sensus Stock please use our How to Invest in Sensus Healthcare guide.

Net Tangible Assets vs Intangible Assets

Net Tangible Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sensus Healthcare Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Sensus Healthcare's Net Tangible Assets and Intangible Assets is -0.95. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Sensus Healthcare, assuming nothing else is changed. The correlation between historical values of Sensus Healthcare's Net Tangible Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Sensus Healthcare are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Sensus Healthcare's Net Tangible Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Sensus Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensus 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sensus Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Sensus Stock please use our How to Invest in Sensus Healthcare guide.Sales General And Administrative To Revenue is likely to gain to 0.22 in 2025, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit29.6M14.1M24.4M15.2M
Total Revenue44.5M24.4M41.8M24.1M

Sensus Healthcare fundamental ratios Correlations

0.890.30.420.820.870.490.840.8-0.41-0.830.180.840.850.660.50.070.920.850.940.680.640.870.980.860.7
0.890.180.60.731.00.30.930.74-0.63-0.920.510.80.940.770.65-0.270.980.940.860.50.760.860.880.740.74
0.30.18-0.180.480.140.320.10.21-0.34-0.03-0.220.460.080.08-0.130.170.30.160.530.31-0.040.010.310.480.03
0.420.6-0.180.410.61-0.080.560.04-0.6-0.560.50.450.560.30.48-0.320.550.640.39-0.070.420.490.40.310.26
0.820.730.480.410.670.440.660.55-0.56-0.650.130.950.680.40.190.030.760.820.820.530.310.680.790.960.43
0.871.00.140.610.670.250.930.72-0.64-0.920.550.760.940.780.68-0.320.970.920.830.450.780.850.850.680.74
0.490.30.32-0.080.440.250.20.640.15-0.06-0.40.510.10.13-0.070.650.30.430.470.880.030.140.570.630.25
0.840.930.10.560.660.930.20.68-0.65-0.940.670.740.880.90.78-0.390.920.860.790.440.870.80.820.670.87
0.80.740.210.040.550.720.640.68-0.14-0.580.150.610.610.720.460.180.70.690.730.820.610.610.80.70.78
-0.41-0.63-0.34-0.6-0.56-0.640.15-0.65-0.140.61-0.66-0.63-0.58-0.5-0.540.68-0.62-0.62-0.520.1-0.53-0.36-0.38-0.41-0.42
-0.83-0.92-0.03-0.56-0.65-0.92-0.06-0.94-0.580.61-0.61-0.68-0.97-0.77-0.70.45-0.93-0.81-0.75-0.33-0.8-0.9-0.8-0.62-0.74
0.180.51-0.220.50.130.55-0.40.670.15-0.66-0.610.180.510.730.75-0.860.450.40.14-0.160.720.320.120.050.61
0.840.80.460.450.950.760.510.740.61-0.63-0.680.180.70.480.26-0.020.820.910.870.550.380.690.850.930.5
0.850.940.080.560.680.940.10.880.61-0.58-0.970.510.70.690.61-0.380.950.820.780.360.730.920.810.650.65
0.660.770.080.30.40.780.130.90.72-0.5-0.770.730.480.690.87-0.420.730.640.610.420.930.580.630.450.96
0.50.65-0.130.480.190.68-0.070.780.46-0.54-0.70.750.260.610.87-0.520.590.480.440.140.970.420.470.190.87
0.07-0.270.17-0.320.03-0.320.65-0.390.180.680.45-0.86-0.02-0.38-0.42-0.52-0.24-0.140.060.47-0.48-0.150.120.18-0.28
0.920.980.30.550.760.970.30.920.7-0.62-0.930.450.820.950.730.59-0.240.890.90.520.720.880.90.770.69
0.850.940.160.640.820.920.430.860.69-0.62-0.810.40.910.820.640.48-0.140.890.830.510.570.790.860.810.64
0.940.860.530.390.820.830.470.790.73-0.52-0.750.140.870.780.610.440.060.90.830.580.570.770.950.840.62
0.680.50.31-0.070.530.450.880.440.820.1-0.33-0.160.550.360.420.140.470.520.510.580.30.40.70.740.49
0.640.76-0.040.420.310.780.030.870.61-0.53-0.80.720.380.730.930.97-0.480.720.570.570.30.560.610.340.92
0.870.860.010.490.680.850.140.80.61-0.36-0.90.320.690.920.580.42-0.150.880.790.770.40.560.840.670.55
0.980.880.310.40.790.850.570.820.8-0.38-0.80.120.850.810.630.470.120.90.860.950.70.610.840.850.67
0.860.740.480.310.960.680.630.670.7-0.41-0.620.050.930.650.450.190.180.770.810.840.740.340.670.850.5
0.70.740.030.260.430.740.250.870.78-0.42-0.740.610.50.650.960.87-0.280.690.640.620.490.920.550.670.5
Click cells to compare fundamentals

Sensus Healthcare Account Relationship Matchups

Sensus Healthcare fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding16.4M16.5M16.6M16.3M16.4M15.4M
Total Assets28.0M32.2M56.7M53.7M62.2M35.7M
Short Long Term Debt Total1.4M225K1.0M783K602K751.1K
Other Current Liab(418.9K)508K403K538K329K196.6K
Total Current Liabilities4.9M6.0M7.7M4.2M5.9M5.8M
Total Stockholder Equity21.5M26.0M48.1M48.8M55.8M29.2M
Other Liab1.3M579.3K262K139K159.9K151.9K
Net Tangible Assets27.7M21.2M25.9M48.0M55.2M58.0M
Property Plant And Equipment Net2.4M774K1.2M1.2M2.6M1.3M
Current Deferred Revenue1.5M1.2M693K657K541K735.6K
Net Debt(13.5M)(14.3M)(24.5M)(22.4M)(21.5M)(20.4M)
Retained Earnings(22.1M)(17.9M)6.3M6.8M13.4M14.1M
Accounts Payable2.9M4.1M5.5M2.8M4.8M4.0M
Cash14.9M14.5M25.5M23.1M22.1M14.5M
Non Current Assets Total2.8M995K3.0M4.2M5.4M5.7M
Non Currrent Assets Other69.4K75K24K804K652K684.6K
Other Assets101.6K69.4K75K(17.0K)(19.5K)(18.6K)
Cash And Short Term Investments14.9M14.5M25.5M23.1M22.1M16.3M
Net Receivables3.8M12.1M17.3M10.6M19.7M10.1M
Common Stock Total Equity165.4K165.6K167K169K194.4K134.4K
Liabilities And Stockholders Equity28.0M32.2M56.7M53.7M62.2M35.7M
Non Current Liabilities Total1.7M262K969K656K453K740.6K
Inventory4.4M1.8M3.5M11.9M10.1M10.6M
Other Current Assets4.1M5.4M6.9M3.9M4.9M3.0M
Other Stockholder Equity43.4M43.8M41.6M41.9M42.2M36.7M
Total Liab6.5M6.2M8.7M4.9M6.3M6.6M
Property Plant And Equipment Gross2.4M774K1.2M3.1M4.7M4.9M
Total Current Assets25.2M31.2M53.7M49.5M56.7M33.1M
Short Term Debt606.4K225K190K187K408K428.4K
Intangible Assets337.4K337.9K146K50K45K42.8K
Common Stock165.4K165.6K167K169K194.4K143.8K
Property Plant Equipment2.5M1.4M774K243K279.5K265.5K
Capital Surpluse43.3M43.7M44.1M45.0M51.8M37.9M
Deferred Long Term Liab1.3M579.3K262K139K159.9K151.9K
Retained Earnings Total Equity(15.2M)(22.1M)(17.9M)6.3M7.2M7.6M
Treasury Stock(252.6K)(309.9K)(325K)(3.4M)(3.1M)(2.9M)

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Additional Tools for Sensus Stock Analysis

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