Utah Total Revenue vs Net Income From Continuing Ops Analysis

UTMD Stock  USD 66.96  1.39  2.03%   
Utah Medical financial indicator trend analysis is much more than just breaking down Utah Medical Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Utah Medical Products is a good investment. Please check the relationship between Utah Medical Total Revenue and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Utah Medical Products. 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.

Total Revenue vs Net Income From Continuing Ops

Total Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Utah Medical Products Total Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very week relationship.
The correlation between Utah Medical's Total Revenue and Net Income From Continuing Ops is 0.25. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Utah Medical Products, assuming nothing else is changed. The correlation between historical values of Utah Medical's Total Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Utah Medical Products are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Revenue i.e., Utah Medical's Total Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Utah Medical Products generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income From Continuing Ops

Most indicators from Utah Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Utah Medical Products 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 Utah Medical Products. 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.
As of November 13, 2024, Selling General Administrative is expected to decline to about 6.9 M. In addition to that, Tax Provision is expected to decline to about 3.4 M
 2021 2022 2023 2024 (projected)
Gross Profit30.9M32.2M24.3M20.5M
Total Revenue49.1M52.3M50.2M36.6M

Utah Medical fundamental ratios Correlations

-0.30.530.050.970.83-0.830.960.880.190.020.880.61-0.66-0.230.95-0.03-0.81-0.120.790.9-0.24-0.18-0.35-0.83-0.83
-0.3-0.30.79-0.52-0.220.69-0.53-0.560.52-0.07-0.560.18-0.120.95-0.290.530.150.95-0.34-0.530.690.070.92-0.06-0.06
0.53-0.3-0.180.540.63-0.620.580.62-0.190.070.620.14-0.25-0.160.54-0.51-0.69-0.170.490.61-0.49-0.58-0.51-0.3-0.3
0.050.79-0.18-0.170.110.4-0.2-0.290.67-0.04-0.290.5-0.480.790.010.68-0.060.89-0.14-0.250.710.360.86-0.44-0.43
0.97-0.520.54-0.170.77-0.931.00.940.00.030.940.48-0.52-0.450.94-0.17-0.75-0.360.810.95-0.41-0.2-0.55-0.71-0.71
0.83-0.220.630.110.77-0.580.790.590.450.010.590.56-0.82-0.020.670.06-0.930.020.470.620.0-0.29-0.29-0.83-0.83
-0.830.69-0.620.4-0.93-0.58-0.93-0.980.36-0.01-0.98-0.20.230.67-0.860.440.580.59-0.85-0.980.710.310.730.440.44
0.96-0.530.58-0.21.00.79-0.930.940.00.050.940.47-0.53-0.460.93-0.19-0.79-0.370.80.95-0.42-0.24-0.58-0.71-0.71
0.88-0.560.62-0.290.940.59-0.980.94-0.3-0.011.00.27-0.26-0.550.92-0.39-0.61-0.460.891.0-0.66-0.33-0.62-0.51-0.51
0.190.52-0.190.670.00.450.360.0-0.30.04-0.30.64-0.780.66-0.010.71-0.370.68-0.28-0.260.860.290.54-0.61-0.61
0.02-0.070.07-0.040.030.01-0.010.05-0.010.04-0.010.08-0.02-0.050.030.0-0.11-0.05-0.080.00.08-0.02-0.080.010.01
0.88-0.560.62-0.290.940.59-0.980.941.0-0.3-0.010.27-0.26-0.550.92-0.39-0.61-0.460.891.0-0.66-0.33-0.62-0.51-0.51
0.610.180.140.50.480.56-0.20.470.270.640.080.27-0.740.280.50.46-0.530.360.380.320.380.260.19-0.71-0.71
-0.66-0.12-0.25-0.48-0.52-0.820.23-0.53-0.26-0.78-0.02-0.26-0.74-0.3-0.47-0.570.75-0.36-0.23-0.3-0.48-0.14-0.110.920.92
-0.230.95-0.160.79-0.45-0.020.67-0.46-0.550.66-0.05-0.550.28-0.3-0.270.53-0.010.98-0.38-0.520.750.040.85-0.19-0.18
0.95-0.290.540.010.940.67-0.860.930.92-0.010.030.920.5-0.47-0.27-0.13-0.7-0.160.870.94-0.4-0.23-0.35-0.71-0.71
-0.030.53-0.510.68-0.170.060.44-0.19-0.390.710.0-0.390.46-0.570.53-0.13-0.030.59-0.23-0.350.830.510.63-0.45-0.45
-0.810.15-0.69-0.06-0.75-0.930.58-0.79-0.61-0.37-0.11-0.61-0.530.75-0.01-0.7-0.03-0.04-0.47-0.630.030.410.310.80.8
-0.120.95-0.170.89-0.360.020.59-0.37-0.460.68-0.05-0.460.36-0.360.98-0.160.59-0.04-0.29-0.430.750.140.88-0.29-0.29
0.79-0.340.49-0.140.810.47-0.850.80.89-0.28-0.080.890.38-0.23-0.380.87-0.23-0.47-0.290.9-0.59-0.3-0.4-0.45-0.46
0.9-0.530.61-0.250.950.62-0.980.951.0-0.260.01.00.32-0.3-0.520.94-0.35-0.63-0.430.9-0.62-0.31-0.59-0.55-0.55
-0.240.69-0.490.71-0.410.00.71-0.42-0.660.860.08-0.660.38-0.480.75-0.40.830.030.75-0.59-0.620.470.75-0.28-0.28
-0.180.07-0.580.36-0.2-0.290.31-0.24-0.330.29-0.02-0.330.26-0.140.04-0.230.510.410.14-0.3-0.310.470.32-0.07-0.07
-0.350.92-0.510.86-0.55-0.290.73-0.58-0.620.54-0.08-0.620.19-0.110.85-0.350.630.310.88-0.4-0.590.750.32-0.03-0.03
-0.83-0.06-0.3-0.44-0.71-0.830.44-0.71-0.51-0.610.01-0.51-0.710.92-0.19-0.71-0.450.8-0.29-0.45-0.55-0.28-0.07-0.031.0
-0.83-0.06-0.3-0.43-0.71-0.830.44-0.71-0.51-0.610.01-0.51-0.710.92-0.18-0.71-0.450.8-0.29-0.46-0.55-0.28-0.07-0.031.0
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Utah Medical Account Relationship Matchups

Utah Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets109.8M111.7M115.6M123.9M135.5M142.2M
Other Current Liab2.4M3.0M2.8M4.5M3.6M2.6M
Total Current Liabilities3.4M3.8M3.6M5.8M4.7M4.6M
Total Stockholder Equity101.1M102.8M107.1M114.3M128.3M134.7M
Property Plant And Equipment Net10.7M11.3M11.0M10.6M10.6M9.6M
Net Debt(42.4M)(51.3M)(60.6M)(74.7M)(92.5M)(87.9M)
Retained Earnings110.8M111.0M115.3M126.0M138.3M145.3M
Cash42.8M51.6M61.0M75.1M92.9M97.5M
Non Current Assets Total54.9M49.5M42.4M34.0M29.2M27.1M
Non Currrent Assets Other54.9M(49.5M)(2.1M)(1.5M)(1.0)(0.95)
Cash And Short Term Investments42.8M51.6M61.0M75.1M92.9M97.5M
Net Receivables4.7M4.1M5.1M5.5M3.4M4.5M
Common Stock Shares Outstanding3.7M3.7M3.7M3.6M3.6M5.0M
Liabilities And Stockholders Equity109.8M111.7M115.6M123.9M135.5M142.2M
Non Current Liabilities Total5.2M5.1M4.8M3.9M2.4M2.3M
Inventory6.9M6.2M6.6M8.8M9.6M10.1M
Other Current Assets443K346K456K515K428K406.6K
Other Stockholder Equity17K115K841K252K594.0K564.3K
Total Liab8.7M8.9M8.4M9.6M7.1M9.7M
Property Plant And Equipment Gross10.7M11.3M33.9M33.2M34.3M36.0M
Total Current Assets54.9M62.3M73.2M89.9M106.3M111.6M
Accumulated Other Comprehensive Income(9.8M)(8.3M)(9.1M)(12.0M)(10.7M)(10.1M)
Intangible Assets30.2M24.0M17.3M10.4M4.9M4.7M
Accounts Payable1.1M788K761K1.2M769K1.3M
Property Plant Equipment10.7M11.3M11.0M10.2M11.8M10.1M
Good Will14.0M14.2M14.1M13.4M13.7M13.0M
Other Liab4.9M4.8M4.5M3.3M3.8M4.9M
Net Tangible Assets56.9M64.7M75.7M90.5M104.1M62.4M
Retained Earnings Total Equity110.8M111.0M115.3M126.0M144.9M93.3M
Capital Surpluse18K115K841K251K225.9K214.6K
Deferred Long Term Liab521K651K577K549K494.1K356.6K

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When determining whether Utah Medical Products is a strong investment it is important to analyze Utah Medical'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 Utah Medical's future performance. For an informed investment choice regarding Utah Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Utah Medical Products. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Utah Medical. If investors know Utah 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 Utah Medical 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
(0.05)
Dividend Share
1.2
Earnings Share
4.28
Revenue Per Share
12.392
Quarterly Revenue Growth
(0.20)
The market value of Utah Medical Products is measured differently than its book value, which is the value of Utah that is recorded on the company's balance sheet. Investors also form their own opinion of Utah Medical's value that differs from its market value or its book value, called intrinsic value, which is Utah Medical'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 Utah Medical's market value can be influenced by many factors that don't directly affect Utah Medical'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 Utah Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Utah Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Utah Medical'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.