Biomerica Financials

BMRA Stock  USD 0.31  0.01  3.13%   
Based on the key measurements obtained from Biomerica's financial statements, Biomerica may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Biomerica's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 950.1 K, whereas Total Assets are forecasted to decline to about 7.4 M. Key indicators impacting Biomerica's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.04480.0471
Notably Down
Slightly volatile
Current Ratio3.753.5077
Notably Up
Slightly volatile
Investors should never underestimate Biomerica's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Biomerica's cash flow, debt, and profitability to make informed and accurate decisions about investing in Biomerica.

Net Income

(5.68 Million)

  
Understanding current and past Biomerica Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Biomerica's financial statements are interrelated, with each one affecting the others. For example, an increase in Biomerica's assets may result in an increase in income on the income statement.
Please note, the presentation of Biomerica's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Biomerica's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Biomerica's management manipulating its earnings.

Biomerica Stock Summary

Biomerica competes with SurModics, Movano, Ainos, Tivic Health, and Bone Biologics. Biomerica, Inc., a biomedical technology company, develops, patents, manufactures, and markets diagnostic and therapeutic products for the detection andor treatment of medical conditions and diseases worldwide. Biomerica, Inc. was incorporated in 1971 and is headquartered in Irvine, California. Biomerica operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 64 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS09061H3075
CUSIP09061H307
LocationCalifornia; U.S.A
Business Address17571 Von Karman
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.biomerica.com
Phone(949) 645 2111
CurrencyUSD - US Dollar

Biomerica Key Financial Ratios

Biomerica Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets17.3M11.8M11.4M14.5M9.3M7.4M
Other Current Liab278.6K213.3K848.6K1.2M1.5M1.6M
Net Debt(6.9M)(2.6M)(4.5M)(8.6M)(3.4M)(3.2M)
Retained Earnings(21.9M)(28.4M)(35.1M)(42.2M)(48.2M)(45.8M)
Cash8.6M4.2M5.9M9.7M4.2M2.2M
Net Receivables1.8M1.5M773.8K722K947K950.1K
Inventory2.9M3.2M2.4M2.1M2.4M2.2M
Other Current Assets1.5M370.3K320.7K300K238K285.8K
Total Liab3.0M2.6M3.0M2.7M2.7M1.5M
Total Current Assets14.8M9.2M9.4M12.8M7.7M6.0M
Accounts Payable986.7K431K736K344K288K565.5K
Intangible Assets168.7K294.8K170K165K212K273.3K
Common Stock939.2K984.6K1.0M1.3M1.5M1.6M
Other Assets168.2K264.2K363.079K90.9K86.3K
Net Tangible Assets14.0M8.9M8.2M11.6M13.3M7.8M
Net Invested Capital14.2M9.2M8.3M11.7M6.6M8.6M
Net Working Capital13.3M7.9M7.4M10.9M5.5M7.6M
Capital Stock964.9K984.6K1.0M1.3M1.5M1.2M

Biomerica Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense47.09.0367.026.6K30.6K32.2K
Total Revenue6.7M7.2M18.9M5.3M5.4M7.6M
Gross Profit1.8M497.0K3.0M446K611K580.5K
Operating Income(2.4M)(6.5M)(4.5M)(7.2M)(6.4M)(6.0M)
Ebit(2.3M)(7.4M)(4.5M)(7.1M)(6.4M)(6.0M)
Ebitda(1.9M)(7.1M)(3.9M)(6.7M)(6.0M)(5.7M)
Cost Of Revenue4.9M6.7M15.9M4.9M4.8M5.0M
Income Before Tax(2.3M)(6.5M)(4.5M)(7.1M)(5.9M)(5.6M)
Net Income(2.3M)(6.5M)(4.5M)(7.1M)(6.0M)(5.7M)
Income Tax Expense7.4K13.1K23.7K51K42K44.1K
Research Development1.9M2.4M1.8M1.6M1.5M822.3K
Tax Provision7.4K13.1K23.7K51K42K46.6K
Interest Income71.2K66.9K26.6K133K431K452.6K
Net Interest Income71.2K66.5K26.6K133K431K452.6K

Biomerica Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(717.5K)(1.9M)1.6M534K(115K)(109.3K)
Change In Cash8.0M(4.4M)1.7M3.8M(5.5M)(5.3M)
Free Cash Flow(4.4M)(5.5M)(650.9K)(5.6M)(5.5M)(5.2M)
Depreciation398.6K375.9K594.8K351K374K219.8K
Capital Expenditures118.9K295.6K170.3K78K115K190.3K
Net Income(2.3M)(6.5M)(4.5M)(7.1M)(6.0M)(5.7M)
End Period Cash Flow8.6M4.2M5.9M9.7M4.2M4.4M
Other Non Cash Items(38.0K)2.3M(719.1K)168K31K29.5K
Change To Netincome178.1K2.7M(143.1K)1.4M1.6M1.6M
Investments(118.9K)(295.6K)(170.3K)(78K)(115K)(120.8K)

Biomerica Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Biomerica's current stock value. Our valuation model uses many indicators to compare Biomerica value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Biomerica competition to find correlations between indicators driving Biomerica's intrinsic value. More Info.
Biomerica is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Biomerica's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Biomerica's earnings, one of the primary drivers of an investment's value.

Biomerica Systematic Risk

Biomerica's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Biomerica volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Biomerica correlated with the market. If Beta is less than 0 Biomerica generally moves in the opposite direction as compared to the market. If Biomerica Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Biomerica is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Biomerica is generally in the same direction as the market. If Beta > 1 Biomerica moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Biomerica Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Biomerica's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Biomerica growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0554

At present, Biomerica's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Biomerica November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Biomerica help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Biomerica. We use our internally-developed statistical techniques to arrive at the intrinsic value of Biomerica based on widely used predictive technical indicators. In general, we focus on analyzing Biomerica Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Biomerica's daily price indicators and compare them against related drivers.

Complementary Tools for Biomerica Stock analysis

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