Stratasys Other Current Assets vs Cash And Short Term Investments Analysis

SSYS Stock  USD 9.44  0.05  0.53%   
Stratasys financial indicator trend analysis is much more than just breaking down Stratasys prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stratasys is a good investment. Please check the relationship between Stratasys Other Current Assets and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stratasys. 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 Stratasys Stock please use our How to Invest in Stratasys guide.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stratasys Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stratasys' Other Current Assets and Cash And Short Term Investments is 0.55. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Stratasys, assuming nothing else is changed. The correlation between historical values of Stratasys' Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Stratasys are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Stratasys' Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Stratasys balance sheet. This account contains Stratasys investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Stratasys fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Stratasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stratasys 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 Stratasys. 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 Stratasys Stock please use our How to Invest in Stratasys guide.At this time, Stratasys' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit260.1M276.5M267.0M280.4M
Total Revenue607.2M651.5M627.6M659.0M

Stratasys fundamental ratios Correlations

0.60.330.61.00.160.43-0.810.220.340.810.960.80.430.350.830.210.480.450.72-0.040.780.60.890.410.13
0.6-0.050.00.64-0.33-0.11-0.40.63-0.040.370.70.28-0.09-0.170.32-0.29-0.05-0.180.11-0.450.180.320.710.47-0.22
0.33-0.050.780.270.630.57-0.28-0.470.590.370.190.40.70.620.470.620.780.640.730.590.55-0.210.070.440.33
0.60.00.780.540.810.84-0.55-0.560.790.620.430.660.910.820.680.80.890.90.960.640.820.330.290.60.46
1.00.640.270.540.090.36-0.790.290.280.780.980.760.380.270.790.160.430.380.66-0.10.720.610.920.370.09
0.16-0.330.630.810.090.9-0.32-0.90.660.39-0.050.40.870.870.410.890.730.920.740.790.610.07-0.180.590.66
0.43-0.110.570.840.360.9-0.61-0.720.640.640.210.630.80.950.610.760.680.890.80.580.830.230.030.610.72
-0.81-0.4-0.28-0.55-0.79-0.32-0.61-0.03-0.2-0.99-0.7-0.88-0.36-0.44-0.75-0.16-0.32-0.48-0.650.06-0.82-0.52-0.57-0.36-0.42
0.220.63-0.47-0.560.29-0.9-0.72-0.03-0.57-0.030.43-0.12-0.69-0.75-0.15-0.81-0.55-0.76-0.46-0.83-0.340.210.51-0.36-0.54
0.34-0.040.590.790.280.660.64-0.2-0.570.240.180.440.780.70.450.770.730.750.730.590.60.060.090.620.38
0.810.370.370.620.780.390.64-0.99-0.030.240.690.870.440.460.750.230.380.540.70.010.820.490.540.390.45
0.960.70.190.430.98-0.050.21-0.70.430.180.690.630.280.120.690.040.330.250.55-0.20.580.60.960.3-0.02
0.80.280.40.660.760.40.63-0.88-0.120.440.870.630.450.580.910.310.550.610.80.180.930.450.540.430.3
0.43-0.090.70.910.380.870.8-0.36-0.690.780.440.280.450.770.530.930.860.940.860.780.660.180.150.640.5
0.35-0.170.620.820.270.870.95-0.44-0.750.70.460.120.580.770.610.780.730.860.790.640.810.13-0.030.590.58
0.830.320.470.680.790.410.61-0.75-0.150.450.750.690.910.530.610.40.650.660.850.250.90.380.640.480.15
0.21-0.290.620.80.160.890.76-0.16-0.810.770.230.040.310.930.780.40.820.910.740.80.550.06-0.070.570.52
0.48-0.050.780.890.430.730.68-0.32-0.550.730.380.330.550.860.730.650.820.840.890.740.710.190.250.580.27
0.45-0.180.640.90.380.920.89-0.48-0.760.750.540.250.610.940.860.660.910.840.890.760.770.210.130.60.56
0.720.110.730.960.660.740.8-0.65-0.460.730.70.550.80.860.790.850.740.890.890.580.90.370.440.610.37
-0.04-0.450.590.64-0.10.790.580.06-0.830.590.01-0.20.180.780.640.250.80.740.760.580.34-0.08-0.240.430.28
0.780.180.550.820.720.610.83-0.82-0.340.60.820.580.930.660.810.90.550.710.770.90.340.40.450.540.46
0.60.32-0.210.330.610.070.23-0.520.210.060.490.60.450.180.130.380.060.190.210.37-0.080.40.60.15-0.04
0.890.710.070.290.92-0.180.03-0.570.510.090.540.960.540.15-0.030.64-0.070.250.130.44-0.240.450.60.23-0.25
0.410.470.440.60.370.590.61-0.36-0.360.620.390.30.430.640.590.480.570.580.60.610.430.540.150.230.31
0.13-0.220.330.460.090.660.72-0.42-0.540.380.45-0.020.30.50.580.150.520.270.560.370.280.46-0.04-0.250.31
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Stratasys Account Relationship Matchups

Stratasys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B990.0M1.3B1.3B1.1B729.5M
Short Long Term Debt Total21.7M21.8M15.0M17.8M18.7M14.2M
Other Current Liab62.5M56.7M100.0M80.3M70.5M74.1M
Total Current Liabilities159.9M132.2M210.5M210.7M176.4M185.2M
Total Stockholder Equity1.2B759.4M956.0M959.4M884.8M610.5M
Property Plant And Equipment Net210.6M222.5M217.9M213.2M216.4M227.3M
Current Deferred Revenue52.3M49.2M51.2M50.2M52.6M32.5M
Net Debt(271.7M)(250.2M)(228.2M)(132.6M)(63.9M)(67.1M)
Retained Earnings(1.5B)(2.0B)(2.0B)(2.1B)(2.2B)(2.1B)
Accounts Payable35.8M17.0M52.0M72.9M46.8M49.1M
Cash293.5M272.1M243.2M150.5M82.6M128.5M
Non Current Assets Total722.4M429.5M476.5M559.6M573.8M423.1M
Cash And Short Term Investments321.8M299.1M502.2M327.8M162.6M163.1M
Net Receivables132.6M106.1M129.4M144.7M172.0M180.6M
Common Stock Shares Outstanding54.3M54.9M63.5M66.5M68.7M35.4M
Liabilities And Stockholders Equity1.4B990.0M1.3B1.3B1.1B729.5M
Non Current Liabilities Total64.4M98.5M110.7M89.7M72.6M48.2M
Inventory168.5M131.7M129.1M194.1M193.0M202.6M
Other Current Assets29.7M23.7M40.0M33.6M32.5M34.2M
Other Stockholder Equity2.7B2.8B3.0B3.0B3.1B3.2B
Total Liab224.4M230.6M321.2M300.4M249.1M261.5M
Property Plant And Equipment Gross210.6M222.5M437.3M213.2M440.6M462.7M
Total Current Assets659.1M560.5M800.7M700.2M560.1M306.4M
Accumulated Other Comprehensive Income(7.7M)(8.8M)(8.8M)(12.8M)(7.1M)(6.7M)
Short Term Debt9.3M9.3M7.3M7.2M6.5M12.2M
Intangible Assets87.3M131.6M152.2M121.4M127.8M111.0M
Common Stock148K155K182K187K195K204.8K
Non Currrent Assets Other38.8M9.9M11.2M17.1M13.1M11.1M
Common Stock Total Equity145K146K148K155K178.3K164.9K
Short Term Investments28.3M27M259M177.4M80M51.0M
Other Assets38.8M24.0M12.5M18.4M21.2M12.6M
Property Plant Equipment210.6M222.5M217.9M213.2M245.2M257.4M
Good Will385.7M35.7M65.1M65.0M100.1M95.0M
Other Liab51.4M85.7M103.0M79.0M90.9M57.1M
Net Tangible Assets684.2M592.1M738.6M773.1M889.0M705.8M

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Additional Tools for Stratasys Stock Analysis

When running Stratasys' price analysis, check to measure Stratasys' 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 Stratasys is operating at the current time. Most of Stratasys' value examination focuses on studying past and present price action to predict the probability of Stratasys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stratasys' price. Additionally, you may evaluate how the addition of Stratasys to your portfolios can decrease your overall portfolio volatility.