Brainsway Financials

BWAY Stock  USD 9.68  0.03  0.31%   
Based on the key measurements obtained from Brainsway's financial statements, Brainsway is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Brainsway's Non Current Liabilities Other is fairly stable compared to the past year. Key indicators impacting Brainsway's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.390.37
Notably Up
Slightly volatile
Current Ratio3.475.6823
Way Down
Very volatile
Investors should never underestimate Brainsway'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 Brainsway's cash flow, debt, and profitability to make informed and accurate decisions about investing in Brainsway.

Net Income

(4.41 Million)

  
Understanding current and past Brainsway Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Brainsway's financial statements are interrelated, with each one affecting the others. For example, an increase in Brainsway's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Brainsway's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Brainsway. Check Brainsway's Beneish M Score to see the likelihood of Brainsway's management manipulating its earnings.

Brainsway Stock Summary

Brainsway competes with Delcath Systems, Paragon 28, Venus Concept, Tactile Systems, and Neuropace. Brainsway Ltd. develops and sells noninvasive neurostimulation treatments for mental health disorders in the United States, Europe, Israel, and internationally. Brainsway Ltd. was founded in 2003 and is headquartered in Jerusalem, Israel. Brainsway operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 118 people.
Foreign Associate
  Israel
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS10501L1061
CUSIP10501L106
LocationIsrael
Business AddressBynet Building, Jerusalem,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.brainsway.com
Phone972 2 582 4030
CurrencyUSD - US Dollar

Brainsway Key Financial Ratios

Brainsway Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets38.7M34.0M75.7M64.5M63.0M42.3M
Other Current Liab3.7M4.0M5.3M5.3M5.8M4.0M
Other Liab7.1M7.3M9.3M10.7M12.3M6.9M
Accounts Payable1.3M781K1.1M1.1M758K720.1K
Cash21.7M17.0M16.9M47.6M10.5M16.5M
Other Assets168K163K954K1.0M1.00.95
Inventory306K442K200K3.8M3.7M3.9M
Other Current Assets672K1.5M1.8M1.8M2.0M1.2M
Total Liab14.5M14.4M18.4M19.1M21.4M15.9M
Net Debt(21.3M)(16.5M)(16.2M)(47.1M)(10.0M)(10.6M)
Retained Earnings(71.9M)(77.3M)(83.8M)(97.1M)(101.3M)(96.2M)
Net Receivables6.0M5.6M6.3M4.8M3.8M3.8M
Total Current Assets28.8M24.3M65.4M58.1M55.5M30.6M
Short Term Debt414K429K500K234K232K220.4K
Net Tangible Assets24.2M19.6M57.3M45.4M52.2M54.8M
Net Invested Capital24.2M19.6M57.3M45.4M41.6M33.5M
Net Working Capital22.1M17.5M56.4M49.9M45.7M32.8M

Brainsway Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense398K319K1.4M46K48K45.6K
Total Revenue23.1M22.1M29.7M27.2M31.8M17.7M
Gross Profit18.0M17.0M23.1M20.0M23.5M15.7M
Cost Of Revenue5.1M5.1M6.6M7.1M8.3M6.3M
Operating Income(8.5M)(4.8M)(5.0M)(12.7M)(4.9M)(5.2M)
Ebit(8.5M)(4.8M)(6.3M)(13.0M)(3.6M)(3.8M)
Research Development7.9M5.8M6.4M7.7M6.5M6.4M
Ebitda(6.6M)(2.2M)(4.6M)(11.5M)(2.3M)(2.4M)
Income Before Tax(9.9M)(5.1M)(6.4M)(13.0M)(3.9M)(4.1M)
Net Income(10.3M)(5.4M)(6.5M)(13.3M)(4.2M)(4.4M)
Income Tax Expense422K237K43K315K251K270.1K
Interest Income175K61K225K1.1M2.2M2.3M
Net Interest Income(1.3M)(319K)(1.4M)(351K)1.9M2.0M
Tax Provision422K237K43K315K360K275.8K

Brainsway Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Brainsway. It measures of how well Brainsway is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Brainsway brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Brainsway had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Brainsway has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(249K)418K(411K)(3.6M)(506K)(531.3K)
Capital Expenditures3.3M2.5M2.2M1.9M2.4M3.7M
End Period Cash Flow21.7M17.0M16.9M47.6M10.5M16.4M
Change In Cash12.7M(4.7M)(40K)30.7M(37.1M)(35.2M)
Free Cash Flow(10.6M)(3.9M)(1.4M)(7.8M)(1.1M)(1.2M)
Depreciation2.8M2.7M1.7M1.5M1.3M1.3M
Other Non Cash Items757K55K2.7M1.7M1.9M944.6K
Net Income(10.3M)(5.4M)(6.5M)(13.3M)(4.2M)(4.4M)
Investments(120K)(2.5M)(40M)42.2M(1.5M)(1.4M)
Change To Netincome3.6M2.2M4.6M3.5M4.0M2.5M

Brainsway Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Brainsway's current stock value. Our valuation model uses many indicators to compare Brainsway value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Brainsway competition to find correlations between indicators driving Brainsway's intrinsic value. More Info.
Brainsway is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.51  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Brainsway is roughly  1.97 . At this time, Brainsway's Return On Equity is fairly stable compared to the past year. 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 Brainsway's earnings, one of the primary drivers of an investment's value.

Brainsway Systematic Risk

Brainsway's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Brainsway 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Brainsway correlated with the market. If Beta is less than 0 Brainsway generally moves in the opposite direction as compared to the market. If Brainsway Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Brainsway is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Brainsway is generally in the same direction as the market. If Beta > 1 Brainsway moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Brainsway Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Brainsway'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 Brainsway growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.36

At this time, Brainsway's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Brainsway November 27, 2024 Opportunity Range

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

Additional Tools for Brainsway Stock Analysis

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