Titan Medical Liabilities 2024

Titan Medical Aktienanalyse

What does Titan Medical do?

Titan Medical Inc is a company specialized in the development of robotic systems for minimally invasive procedures in the field of medicine. It was founded in 2008 in Toronto, Canada by Reiza Rayman and Dmitry Oleynikov. The main goal of Titan Medical was to revolutionize surgery by developing innovative systems that enable more precise, less invasive, and more effective medical treatments. The business model of Titan Medical is based on the development, manufacturing, and marketing of robotic systems for minimally invasive surgical procedures. The main area of focus for Titan Medical is the development and distribution of robotic systems for urological, gynecological, and endoscopic surgery. These systems contribute to improving patient treatment and speeding up recovery by operating more precisely and safely than traditional surgical methods. The flagship product of Titan Medical is the Sport-Surgery System (STS), specifically designed for sports medicine, orthopedics, and spinal surgery. The STS technology provides an enhanced view of the surgical field, reducing the risk of injuries and complications. The STS system by Titan Medical is unique and stands out for its wireless operation, compatibility with conventional instruments, and ability to integrate different imaging modalities. Another product offered by Titan Medical is the Single-Port version of the Sport-Surgery System. This system is the first robotic system capable of performing minimally invasive surgery through a single incision. The system offers faster recovery, reduces scarring, and potential complications. The Single-Port version by Titan Medical is a unique product in the market and has the potential to revolutionize the practice of minimally invasive surgery. Titan Medical operates research and development departments in Toronto, Canada, and Chapel Hill, North Carolina, USA. These departments work on the development of new technologies aimed at improving surgery and enhancing patients' quality of life. The company collaborates with universities and clinics to test and validate innovative technologies. Titan Medical aims to market its products worldwide. The company works with distribution partners and distributors in North America, Europe, Asia, and Australia to place its products in different markets. Titan Medical places particular emphasis on training and supporting its customers to ensure the maximum efficiency and effectiveness of its products. In 2014, Titan Medical went public and has been listed on the Toronto Stock Exchange and NASDAQ since then. The company has experienced strong growth in recent years and has become an innovative leader in robotic surgery. Titan Medical has received numerous awards and recognition for its innovative products and technologies, including the Innovation Technology Award and the Medical Device Excellence Award. Overall, Titan Medical is a company specialized in the development of robotic systems for minimally invasive surgery. The company aims to make surgical procedures safer and more precise while speeding up patient recovery. By collaborating with universities and clinics, Titan Medical continuously works on developing new technologies and products to push the boundaries of minimally invasive surgery and improve patient care. Titan Medical ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Titan Medical's Liabilities

Titan Medical's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Titan Medical's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Titan Medical's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Titan Medical's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Titan Medical’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Titan Medical stock

What is the level of liabilities of Titan Medical this year?

Titan Medical has a debt balance of 3.98 M USD this year.

What were the liabilities of Titan Medical compared to the previous year?

The liabilities of Titan Medical have increased by -61.32% dropped compared to the previous year.

What are the consequences of high debt for investors of Titan Medical?

High liabilities can pose a risk for investors of Titan Medical, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Titan Medical?

Low liabilities mean that Titan Medical has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Titan Medical affect the company?

An increase in liabilities of Titan Medical can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Titan Medical affect the company?

A decrease in the liabilities of Titan Medical can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Titan Medical?

Some factors that can influence the liabilities of Titan Medical include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Titan Medical so important for investors?

The liabilities of Titan Medical are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Titan Medical take to modify the liabilities?

To change its liabilities, Titan Medical can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Titan Medical pay?

Over the past 12 months, Titan Medical paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Titan Medical is expected to pay a dividend of 0 USD.

What is the dividend yield of Titan Medical?

The current dividend yield of Titan Medical is .

When does Titan Medical pay dividends?

Titan Medical pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Titan Medical?

Titan Medical paid dividends every year for the past 0 years.

What is the dividend of Titan Medical?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Titan Medical located?

Titan Medical is assigned to the 'Health' sector.

Wann musste ich die Aktien von Titan Medical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Titan Medical from 7/11/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/11/2024.

When did Titan Medical pay the last dividend?

The last dividend was paid out on 7/11/2024.

What was the dividend of Titan Medical in the year 2023?

In the year 2023, Titan Medical distributed 0 USD as dividends.

In which currency does Titan Medical pay out the dividend?

The dividends of Titan Medical are distributed in USD.