Tactile Accounts Payable vs Net Tangible Assets Analysis

TCMD Stock

USD 9.99 0.33 3.42%

Tactile Systems financial indicator trend analysis is much more than just breaking down Tactile Systems Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tactile Systems Tech is a good investment. Please check the relationship between Tactile Systems Accounts Payable and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Net Tangible Assets

Accounts Payable vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tactile Systems Tech Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Tactile Systems' Accounts Payable and Net Tangible Assets is 0.45. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Tactile Systems Technology, assuming nothing else is changed. The correlation between historical values of Tactile Systems' Accounts Payable and Net Tangible 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 Accounts Payable of Tactile Systems Technology are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., Tactile Systems' Accounts Payable and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Tactile Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tactile Systems Tech are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.

Most indicators from Tactile Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tactile Systems Tech 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 Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At present, Tactile Systems' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.67, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.

	2022	2023	2024	2025 (projected)
Gross Profit	176.0M	195.1M	216.7M	124.3M
Total Revenue	246.8M	274.4M	293.0M	172.7M

Gross Profit Total Revenue

Tactile Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	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
Total Assets		0.88	0.93	0.92	0.96	0.91	0.87	0.15	0.66	0.8	0.7	0.96	0.76	0.73	0.93	0.85	0.8	0.87	0.94	0.4	0.97	0.92	0.9	0.96	0.89	0.85
Short Long Term Debt Total	0.88		0.87	0.89	0.73	0.88	0.78	0.54	0.36	0.74	0.44	0.96	0.9	0.45	0.91	0.63	0.58	1.0	0.82	0.3	0.77	0.98	0.84	0.73	0.96	0.92
Other Current Liab	0.93	0.87		1.0	0.84	0.85	0.82	0.29	0.47	0.93	0.57	0.92	0.88	0.62	0.93	0.79	0.75	0.86	0.91	0.3	0.89	0.94	0.82	0.87	0.87	0.83
Total Current Liabilities	0.92	0.89	1.0		0.81	0.85	0.82	0.33	0.43	0.93	0.54	0.93	0.91	0.58	0.94	0.75	0.71	0.88	0.9	0.28	0.87	0.95	0.82	0.84	0.9	0.84
Total Stockholder Equity	0.96	0.73	0.84	0.81		0.84	0.83	-0.09	0.79	0.71	0.79	0.87	0.57	0.81	0.83	0.87	0.83	0.72	0.9	0.42	0.98	0.78	0.85	0.99	0.76	0.74
Property Plant And Equipment Net	0.91	0.88	0.85	0.85	0.84		0.86	0.31	0.6	0.68	0.55	0.89	0.73	0.6	0.96	0.76	0.7	0.88	0.95	0.6	0.85	0.9	0.83	0.87	0.88	0.74
Current Deferred Revenue	0.87	0.78	0.82	0.82	0.83	0.86		0.02	0.73	0.64	0.8	0.85	0.67	0.78	0.83	0.65	0.6	0.77	0.83	0.55	0.81	0.81	0.92	0.82	0.79	0.83
Net Debt	0.15	0.54	0.29	0.33	-0.09	0.31	0.02		-0.5	0.26	-0.5	0.35	0.63	-0.46	0.37	-0.04	-0.08	0.56	0.19	0.03	-0.01	0.49	0.12	-0.07	0.48	0.32
Retained Earnings	0.66	0.36	0.47	0.43	0.79	0.6	0.73	-0.5		0.34	0.91	0.49	0.12	0.94	0.52	0.68	0.7	0.35	0.65	0.48	0.72	0.39	0.72	0.78	0.38	0.48
Accounts Payable	0.8	0.74	0.93	0.93	0.71	0.68	0.64	0.26	0.34		0.47	0.79	0.85	0.55	0.82	0.76	0.76	0.73	0.82	0.04	0.8	0.83	0.68	0.75	0.77	0.73
Cash	0.7	0.44	0.57	0.54	0.79	0.55	0.8	-0.5	0.91	0.47		0.58	0.27	0.96	0.53	0.64	0.65	0.42	0.61	0.27	0.75	0.48	0.75	0.77	0.46	0.63
Non Current Assets Total	0.96	0.96	0.92	0.93	0.87	0.89	0.85	0.35	0.49	0.79	0.58		0.87	0.58	0.93	0.71	0.67	0.95	0.88	0.33	0.89	0.97	0.9	0.84	0.97	0.93
Non Currrent Assets Other	0.76	0.9	0.88	0.91	0.57	0.73	0.67	0.63	0.12	0.85	0.27	0.87		0.28	0.85	0.51	0.48	0.9	0.74	0.13	0.65	0.93	0.71	0.58	0.91	0.85
Cash And Short Term Investments	0.73	0.45	0.62	0.58	0.81	0.6	0.78	-0.46	0.94	0.55	0.96	0.58	0.28		0.58	0.77	0.75	0.43	0.69	0.33	0.8	0.51	0.77	0.83	0.44	0.6
Net Receivables	0.93	0.91	0.93	0.94	0.83	0.96	0.83	0.37	0.52	0.82	0.53	0.93	0.85	0.58		0.79	0.75	0.92	0.96	0.39	0.87	0.95	0.82	0.86	0.92	0.81
Common Stock Total Equity	0.85	0.63	0.79	0.75	0.87	0.76	0.65	-0.04	0.68	0.76	0.64	0.71	0.51	0.77	0.79		0.88	0.63	0.87	0.3	0.92	0.7	0.7	0.92	0.61	0.58
Common Stock Shares Outstanding	0.8	0.58	0.75	0.71	0.83	0.7	0.6	-0.08	0.7	0.76	0.65	0.67	0.48	0.75	0.75	0.88		0.57	0.84	0.18	0.86	0.64	0.68	0.87	0.61	0.56
Non Current Liabilities Total	0.87	1.0	0.86	0.88	0.72	0.88	0.77	0.56	0.35	0.73	0.42	0.95	0.9	0.43	0.92	0.63	0.57		0.82	0.31	0.76	0.98	0.83	0.72	0.95	0.91
Inventory	0.94	0.82	0.91	0.9	0.9	0.95	0.83	0.19	0.65	0.82	0.61	0.88	0.74	0.69	0.96	0.87	0.84	0.82		0.49	0.93	0.88	0.85	0.93	0.85	0.74
Other Current Assets	0.4	0.3	0.3	0.28	0.42	0.6	0.55	0.03	0.48	0.04	0.27	0.33	0.13	0.33	0.39	0.3	0.18	0.31	0.49		0.35	0.31	0.49	0.43	0.31	0.19
Other Stockholder Equity	0.97	0.77	0.89	0.87	0.98	0.85	0.81	-0.01	0.72	0.8	0.75	0.89	0.65	0.8	0.87	0.92	0.86	0.76	0.93	0.35		0.82	0.85	0.99	0.79	0.76
Total Liab	0.92	0.98	0.94	0.95	0.78	0.9	0.81	0.49	0.39	0.83	0.48	0.97	0.93	0.51	0.95	0.7	0.64	0.98	0.88	0.31	0.82		0.85	0.79	0.96	0.91
Property Plant And Equipment Gross	0.9	0.84	0.82	0.82	0.85	0.83	0.92	0.12	0.72	0.68	0.75	0.9	0.71	0.77	0.82	0.7	0.68	0.83	0.85	0.49	0.85	0.85		0.83	0.85	0.92
Total Current Assets	0.96	0.73	0.87	0.84	0.99	0.87	0.82	-0.07	0.78	0.75	0.77	0.84	0.58	0.83	0.86	0.92	0.87	0.72	0.93	0.43	0.99	0.79	0.83		0.74	0.7
Short Term Debt	0.89	0.96	0.87	0.9	0.76	0.88	0.79	0.48	0.38	0.77	0.46	0.97	0.91	0.44	0.92	0.61	0.61	0.95	0.85	0.31	0.79	0.96	0.85	0.74		0.9
Intangible Assets	0.85	0.92	0.83	0.84	0.74	0.74	0.83	0.32	0.48	0.73	0.63	0.93	0.85	0.6	0.81	0.58	0.56	0.91	0.74	0.19	0.76	0.91	0.92	0.7	0.9

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Tactile Systems Account Relationship Matchups

Tactile Systems fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	174.1M	244.3M	255.0M	281.4M	297.9M	162.4M
Short Long Term Debt Total	21.4M	83.9M	72.2M	50.4M	45.1M	26.6M
Other Current Liab	17.9M	24.0M	46.5M	27.0M	31.8M	18.1M
Total Current Liabilities	26.7M	34.5M	64.3M	41.1M	40.7M	27.0M
Total Stockholder Equity	124.8M	128.2M	121.4M	193.6M	216.6M	109.4M
Property Plant And Equipment Net	27.1M	30.7M	27.4M	25.3M	22.2M	15.6M
Current Deferred Revenue	15.2M	18.7M	17.4M	24.2M	27.8M	29.2M
Net Debt	(26.5M)	55.6M	50.3M	(10.7M)	(49.3M)	(46.8M)
Retained Earnings	20.1M	8.2M	(9.6M)	18.9M	35.9M	37.6M
Accounts Payable	4.2M	5.0M	10.0M	6.7M	5.6M	5.3M
Cash	47.9M	28.2M	21.9M	61.0M	94.4M	99.1M
Non Current Assets Total	50.5M	130.7M	135.2M	136.1M	120.4M	62.3M
Non Currrent Assets Other	2.1M	14.8M	26.4M	13.4M	6.0M	6.2M
Cash And Short Term Investments	58.6M	40.7M	38.1M	61.0M	108.9M	114.4M
Net Receivables	53.3M	62.0M	71.0M	57.4M	44.9M	38.9M
Common Stock Shares Outstanding	19.3M	19.7M	20.1M	23.2M	24.1M	19.3M
Liabilities And Stockholders Equity	174.1M	244.3M	255.0M	281.4M	297.9M	162.4M
Non Current Liabilities Total	22.6M	81.6M	69.3M	46.7M	40.6M	26.0M
Inventory	18.6M	19.2M	23.1M	22.5M	18.7M	14.9M
Other Current Assets	5.3M	4.1M	3.8M	4.4M	5.1M	4.2M
Other Stockholder Equity	104.7M	120.0M	131.0M	174.7M	180.7M	93.7M
Total Liab	49.3M	116.0M	133.6M	87.8M	81.3M	53.0M
Property Plant And Equipment Gross	7.0M	30.7M	27.4M	33.9M	33.2M	34.9M
Total Current Assets	123.6M	113.5M	119.8M	145.3M	177.6M	100.1M
Short Term Debt	2.0M	5.5M	5.5M	5.8M	3.0M	2.2M
Intangible Assets	1.7M	54.1M	50.4M	46.7M	42.8M	44.9M
Other Liab	2.6M	3.2M	6.4M	2.5M	2.9M	2.3M
Net Tangible Assets	107.3M	123.1M	43.1M	40.0M	46.0M	62.1M
Other Assets	14.1M	41.8M	14.8M	26.1M	30.0M	31.5M
Short Term Investments	10.7M	12.5M	16.1M	13.9M	14.5M	17.7M
Property Plant Equipment	23.3M	7.0M	6.8M	6.1M	7.0M	6.8M
Retained Earnings Total Equity	20.7M	20.1M	8.2M	(9.6M)	(11.1M)	(10.5M)
Capital Surpluse	91.9M	104.7M	120.0M	131.0M	150.7M	103.7M

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When determining whether Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' 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 Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:

How To Invest In Tactile

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Is Tactile Stock a good investment?

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What is Tactile Systems' Net Worth?

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Largest Health Care Equipment & Supplies Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Is Health Care Equipment & Supplies 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 Tactile Systems. If investors know Tactile 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 Tactile Systems 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

0.135

Earnings Share

0.66

Revenue Per Share

12.269

Quarterly Revenue Growth

0.003

Return On Assets

0.0466

The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' 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 Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' 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 Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' 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.

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Tactile Accounts Payable vs Net Tangible Assets Analysis

Accounts Payable vs Net Tangible Assets

Accounts Payable vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Tangible Assets

Tactile Systems fundamental ratios Correlations

Tactile Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tactile Systems fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Other Stockholder Equity
Total Liab	+ 0.98	Short Long Term Debt Total
Other Stockholder Equity	+ 0.98	Total Stockholder Equity

Cash	- 0.5	Net Debt
Retained Earnings	- 0.5	Net Debt
Cash And Short Term Investments	- 0.46	Net Debt
Net Debt	- 0.09	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.08	Net Debt
Total Current Assets	- 0.07	Net Debt