Icad Financial Statements From 2010 to 2022

ICAD
 Stock
  

USD 3.95  0.05  1.25%   

Icad financial statements provide useful quarterly and yearly information to potential Icad Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Icad financial statements helps investors assess Icad's valuation, profitability, and current liquidity needs.
There are over one hundred three available fundamental trends for Icad Inc, which can be analyzed over time and compared to other ratios. Please make sure to confirm all of Icad's regular performance against the performance from 2010 to 2022 to make sure the company is sustainable down the road.
Icad Invested Capital is projected to increase significantly based on the last few years of reporting. The past year's Invested Capital was at 5.06 Million. The current year Invested Capital Average is expected to grow to about 8.2 M, whereas Average Assets are forecasted to decline to about 58.4 M.
  
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Check Icad financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icad main balance sheet or income statement drivers, such as Direct Expenses of 8.6 M, Cost of Revenue of 8.8 M or Gross Profit of 22.3 M, as well as many exotic indicators such as Interest Coverage of 0.28, Long Term Debt to Equity of 0.21 or PPandE Turnover of 33.11. Icad financial statements analysis is a perfect complement when working with Icad Valuation or Volatility modules. It can also supplement various Icad Technical models. Please see the analysis of Icad Correlation against competitors.

Icad Revenues

31.11 Million

Share

Icad Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets54.7 M62.2 M52.4 M
Decreasing
Stable
Cash and Equivalents27.8 M34.3 M16.7 M
Increasing
Slightly volatile
Deferred Revenue6.3 M6.1 M7.2 M
Decreasing
Slightly volatile
Property Plant and Equipment Net1.8 M1.9 M1.9 M
Decreasing
Very volatile
Inventory3.8 M4.2 M2.8 M
Increasing
Slightly volatile
Trade and Non Trade ReceivablesM8.9 M7.4 M
Increasing
Slightly volatile
Trade and Non Trade Payables2.5 M2.8 M1.9 M
Increasing
Slightly volatile
Goodwill and Intangible Assets13.9 MM22.3 M
Decreasing
Slightly volatile
Total Liabilities18.4 M15.7 M23.1 M
Decreasing
Very volatile
Shareholders Equity50.2 M46.5 M30.4 M
Decreasing
Very volatile
Current Assets42.9 M50.3 M28.1 M
Increasing
Slightly volatile
Assets Non Current16.4 M11.9 M24.7 M
Decreasing
Slightly volatile
Current Liabilities14.6 M15 M15.5 M
Increasing
Very volatile
Liabilities Non Current730.7 K712 K7.3 M
Decreasing
Stable
Tax Liabilities5.2 KK6.4 K
Decreasing
Slightly volatile
Total Debt1.2 M1.2 M9.7 M
Decreasing
Slightly volatile
Debt Current1.4 M889 K2.5 M
Decreasing
Slightly volatile
Debt Non Current273 K266 K8.5 M
Decreasing
Slightly volatile
Shareholders Equity USD50.2 M46.5 M30.4 M
Decreasing
Very volatile
Cash and Equivalents USD27.8 M34.3 M16.7 M
Increasing
Slightly volatile
Total Debt USD1.2 M1.2 M9.7 M
Decreasing
Slightly volatile
Accounts Payable4.6 M5.6 M3.9 M
Increasing
Slightly volatile
Receivables7.7 M8.9 M7.2 M
Increasing
Slightly volatile
Inventories3.4 M4.2 M2.8 M
Increasing
Stable

Icad Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues31.1 M33.6 M31.5 M
Decreasing
Very volatile
Cost of Revenue8.8 M9.4 M9.1 M
Decreasing
Stable
Selling General and Administrative Expense25.1 M25.5 M20.8 M
Increasing
Stable
Research and Development Expense9.9 M9.2 M9.1 M
Increasing
Very volatile
Operating Expenses33 M35 M36.3 M
Decreasing
Slightly volatile
Interest Expense144.7 K141 KM
Decreasing
Slightly volatile
Income Tax ExpenseK100051.8 K
Decreasing
Slightly volatile
Weighted Average Shares22.3 M24.8 M16.1 M
Increasing
Slightly volatile
Weighted Average Shares Diluted22.3 M24.8 M16.1 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT(12 M)(11.1 M)(15.4 M)
Increasing
Slightly volatile
Revenues USD31.1 M33.6 M31.5 M
Decreasing
Very volatile
Earning Before Interest and Taxes USD(12 M)(11.1 M)(15.4 M)
Increasing
Slightly volatile
Gross Profit22.3 M24.2 M22.5 M
Increasing
Very volatile
Operating Income(11.6 M)(10.7 M)(13.9 M)
Increasing
Slightly volatile
Direct Expenses8.6 M9.4 M8.6 M
Increasing
Very volatile

Icad Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals3.5 M3.3 M(69.4 K)
Increasing
Slightly volatile
Net Cash Flow from Financing18.4 M17.1 M7.6 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities (7.6 M)(7.4 M)1.5 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares20.9 M24.5 M12.4 M
Increasing
Stable
Net Cash Flow from Investing(633.3 K)(587 K)(740.6 K)
Increasing
Stable
Net Cash Flow from Operations(9.7 M)(9.4 M)(5.7 M)
Decreasing
Stable
Net Cash Flow or Change in Cash and Cash Equivalents7.7 M7.1 M1.1 M
Increasing
Slightly volatile
Share Based Compensation2.6 M2.8 M1.9 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion571.7 K557 K1.9 M
Decreasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Return on Invested Capital(1.47)(1.358)(1.5818)
Decreasing
Slightly volatile
Gross Margin0.790.7210.7178
Increasing
Slightly volatile
EBITDA Margin(0.34)(0.314)(0.441)
Increasing
Slightly volatile
Return on Sales(0.36)(0.33)(0.5024)
Increasing
Slightly volatile
Asset Turnover0.620.4980.6071
Increasing
Slightly volatile
Enterprise Value over EBITDA(14.96)(13.87)(11.4186)
Decreasing
Very volatile
Enterprise Value over EBIT(13.34)(13.0)(3.4109)
Decreasing
Stable
Sales per Share1.611.3582.1237
Decreasing
Slightly volatile
Price to Sales Ratio4.785.3043.3509
Increasing
Slightly volatile
Price to Book Value5.833.8866.052
Increasing
Slightly volatile
Debt to Equity Ratio0.350.3371.4546
Increasing
Stable
Current Ratio2.813.3621.7965
Increasing
Slightly volatile
Free Cash Flow per Share(0.43)(0.402)(0.4033)
Increasing
Slightly volatile
Book Value per Share1.781.8771.9893
Decreasing
Slightly volatile
Tangible Assets Book Value per Share1.932.1451.8627
Increasing
Very volatile
Total Assets Per Share3.562.47383.8713
Decreasing
Slightly volatile
Cash Flow Per Share(0.4)(0.3742)(0.2933)
Decreasing
Very volatile
Return on Investment(27.57)(25.5518)(31.9185)
Decreasing
Stable
Operating Margin(34.42)(31.9044)(29.8618)
Decreasing
Stable
Receivables Turnover4.643.55624.7677
Decreasing
Slightly volatile
Inventory Turnover3.092.4823.0816
Decreasing
Very volatile
PPandE Turnover33.1141.375227.3983
Increasing
Slightly volatile
Cash and Equivalents Turnover1.121.09452.0925
Decreasing
Slightly volatile
Accounts Payable Turnover8.46.17728.8652
Decreasing
Slightly volatile
Accrued Expenses Turnover8.849.04499.626
Increasing
Very volatile
Interest Coverage0.280.280.3079
Decreasing
Slightly volatile
Long Term Debt to Equity0.210.210.5893
Increasing
Stable
Quick Ratio2.562.37391.1283
Increasing
Slightly volatile
Net Current Assets as percentage of Total Assets61.3256.831425.5258
Increasing
Slightly volatile
Revenue to Assets0.540.54090.6078
Increasing
Slightly volatile

Icad Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(11.4 M)(10.5 M)(13.4 M)
Increasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD(11.4 M)(10.5 M)(13.4 M)
Increasing
Stable
Market Capitalization160.4 M180.8 M110.1 M
Increasing
Slightly volatile
Enterprise Value137.3 M146.3 M100.7 M
Increasing
Slightly volatile
Invested Capital6.5 M5.1 M5.8 M
Increasing
Slightly volatile
Average Equity39.7 M50.2 M33.7 M
Decreasing
Slightly volatile
Average Assets58.4 M67.5 M55.9 M
Decreasing
Slightly volatile
Invested Capital Average8.2 M8.2 M6.2 M
Increasing
Slightly volatile
Tangible Asset Value45.7 M53.1 M30.5 M
Increasing
Slightly volatile
Free Cash Flow(10.2 M)(10 M)(6.3 M)
Decreasing
Stable
Working Capital38.1 M35.3 M13.3 M
Increasing
Slightly volatile
Revenue Per Employee282.5 K245.5 K266.1 K
Increasing
Very volatile

Icad Fundamental Market Drivers

Short Percent Of Float4.73%
Forward Price Earnings-26.25
Shares Short Prior Month720.13k
Average Daily Volume Last 10 Day376.53k
Average Daily Volume In Three Month215.24k
Date Short Interest29th of April 2022
Fifty Day Average3.7732
Two Hundred Day Average6.3192

Icad Upcoming Events

Upcoming Quarterly Report23rd of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Icad Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Icad income statement, its balance sheet, and the statement of cash flows. Icad investors use historical funamental indicators, such as Icad's revenue or net income, to determine how well the company is positioned to perform in the future. Although Icad investors may use each financial statement separately, they are all related. The changes in Icad's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Icad's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Icad Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Icad. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue6.1 M6.3 M
Cost of Revenue9.4 M8.8 M
Revenues33.6 M31.1 M
Revenue to Assets 0.54  0.54 
Revenue Per Employee245.5 K282.5 K
iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was incorporated in 1984 and is headquartered in Nashua, New Hampshire. Icad operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 136 people.

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Please see the analysis of Icad Correlation against competitors. Note that the Icad Inc information on this page should be used as a complementary analysis to other Icad's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Icad Inc price analysis, check to measure Icad's 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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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Is Icad's industry 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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
100.7 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
-0.12
Return On Equity
-0.27
The market value of Icad Inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine Icad value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.