Bone Income Before Tax vs Selling General Administrative Analysis

BBLG Stock  USD 1.31  0.06  4.80%   
Bone Biologics financial indicator trend analysis is way more than just evaluating Bone Biologics Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bone Biologics Corp is a good investment. Please check the relationship between Bone Biologics Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bone Biologics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bone Biologics Corp Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Bone Biologics' Income Before Tax and Selling General Administrative is -0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Bone Biologics Corp, assuming nothing else is changed. The correlation between historical values of Bone Biologics' Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Bone Biologics Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Bone Biologics' Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bone Biologics income statement and is an important metric when analyzing Bone Biologics Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

Most indicators from Bone Biologics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bone Biologics Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bone Biologics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 2 M. The current Tax Provision is estimated to decrease to 2,133

Bone Biologics fundamental ratios Correlations

-0.39-0.21-0.36-0.41-0.39-0.49-0.340.240.67-0.62-0.51-0.56-0.74-0.39-0.3-0.02-0.2-0.42-0.52-0.080.65-0.150.67-0.52-0.23
-0.39-0.650.990.761.00.65-0.110.62-0.450.59-0.25-0.070.550.67-0.260.72-0.270.440.32-0.57-0.450.39-0.350.380.9
-0.21-0.65-0.68-0.34-0.66-0.180.56-0.99-0.02-0.120.890.730.08-0.430.72-0.930.34-0.230.180.81-0.02-0.23-0.140.01-0.8
-0.360.99-0.680.780.990.66-0.120.64-0.470.62-0.29-0.110.550.7-0.240.73-0.290.460.39-0.57-0.470.44-0.380.430.94
-0.410.76-0.340.780.760.710.390.28-0.570.660.040.050.660.920.150.40.190.580.54-0.16-0.610.58-0.480.550.64
-0.391.0-0.660.990.760.65-0.110.62-0.450.59-0.25-0.070.550.67-0.260.72-0.270.440.32-0.57-0.450.39-0.350.380.9
-0.490.65-0.180.660.710.650.210.08-0.520.60.220.410.570.60.030.180.020.430.47-0.02-0.660.07-0.590.340.56
-0.34-0.110.56-0.120.39-0.110.21-0.6-0.320.250.680.460.380.280.71-0.480.52-0.060.410.31-0.290.16-0.340.3-0.31
0.240.62-0.990.640.280.620.08-0.60.070.06-0.92-0.77-0.130.37-0.730.93-0.360.19-0.23-0.820.090.230.2-0.050.77
0.67-0.45-0.02-0.47-0.57-0.45-0.52-0.320.07-0.96-0.35-0.33-0.93-0.71-0.32-0.24-0.3-0.76-0.830.050.96-0.50.97-0.91-0.46
-0.620.59-0.120.620.660.590.60.250.06-0.960.230.260.930.740.240.330.220.730.84-0.14-0.930.6-0.920.910.61
-0.51-0.250.89-0.290.04-0.250.220.68-0.92-0.350.230.910.45-0.090.76-0.760.320.020.450.72-0.36-0.09-0.450.27-0.49
-0.56-0.070.73-0.110.05-0.070.410.46-0.77-0.330.260.910.43-0.120.48-0.630.180.00.440.6-0.35-0.27-0.480.21-0.3
-0.740.550.080.550.660.550.570.38-0.13-0.930.930.450.430.690.410.180.290.710.780.03-0.90.55-0.880.840.44
-0.390.67-0.430.70.920.670.60.280.37-0.710.74-0.09-0.120.690.040.550.330.770.54-0.25-0.720.61-0.590.650.66
-0.3-0.260.72-0.240.15-0.260.030.71-0.73-0.320.240.760.480.410.04-0.640.160.040.540.57-0.330.37-0.340.4-0.37
-0.020.72-0.930.730.40.720.18-0.480.93-0.240.33-0.76-0.630.180.55-0.64-0.180.44-0.06-0.83-0.210.31-0.090.190.83
-0.2-0.270.34-0.290.19-0.270.020.52-0.36-0.30.220.320.180.290.330.16-0.180.310.090.33-0.280.07-0.290.22-0.33
-0.420.44-0.230.460.580.440.43-0.060.19-0.760.730.020.00.710.770.040.440.310.510.07-0.80.53-0.670.670.47
-0.520.320.180.390.540.320.470.41-0.23-0.830.840.450.440.780.540.54-0.060.090.510.15-0.770.57-0.840.90.36
-0.08-0.570.81-0.57-0.16-0.57-0.020.31-0.820.05-0.140.720.60.03-0.250.57-0.830.330.070.15-0.06-0.12-0.06-0.03-0.69
0.65-0.45-0.02-0.47-0.61-0.45-0.66-0.290.090.96-0.93-0.36-0.35-0.9-0.72-0.33-0.21-0.28-0.8-0.77-0.06-0.470.95-0.84-0.46
-0.150.39-0.230.440.580.390.070.160.23-0.50.6-0.09-0.270.550.610.370.310.070.530.57-0.12-0.47-0.330.740.44
0.67-0.35-0.14-0.38-0.48-0.35-0.59-0.340.20.97-0.92-0.45-0.48-0.88-0.59-0.34-0.09-0.29-0.67-0.84-0.060.95-0.33-0.84-0.37
-0.520.380.010.430.550.380.340.3-0.05-0.910.910.270.210.840.650.40.190.220.670.9-0.03-0.840.74-0.840.44
-0.230.9-0.80.940.640.90.56-0.310.77-0.460.61-0.49-0.30.440.66-0.370.83-0.330.470.36-0.69-0.460.44-0.370.44
Click cells to compare fundamentals

Bone Biologics Account Relationship Matchups

Bone Biologics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.2K51.1K43.1K47.6K263.1K250.0K
Total Assets30.8K0.06.7M8.5M3.7M2.3M
Net Debt11.3M11.7M(6.7M)(7.5M)(3.0M)(2.9M)
Cash24.1K0.06.7M7.5M3.0M2.0M
Cash And Short Term Investments955.4K24.1K6.7M7.5M3.0M2.1M
Liabilities And Stockholders Equity1.0M30.8K6.7M8.5M3.7M2.5M
Total Current Assets30.8K0.06.7M8.5M3.7M2.3M
Other Current Liab513.7K535.6K1.5M2.5M470.7K447.2K
Total Current Liabilities578.4K13.7M99.9K2.5M831.4K789.8K
Total Stockholder Equity(11.9M)(13.7M)6.6M5.9M2.9M3.1M
Retained Earnings(67.0M)(68.9M)(70.5M)(72.0M)(80.9M)(76.9M)
Other Stockholder Equity55.1M55.2M77.0M77.9M83.8M47.8M
Total Liab11.9M13.7M99.9K2.5M831.4K789.8K
Short Long Term Debt Total8.2M9M11.3M11.7M13.5M8.3M
Other Current Assets105.2K85.3K6.7K956.9K711.2K746.8K
Net Tangible Assets(8.6M)(11.9M)(13.7M)6.6M7.6M7.9M
Accounts Payable42.9K465.4K99.9K888.46360.7K202.9K
Non Current Liabilities Total11.3M12.2M99.9K888.46799.61759.63
Net Invested Capital(547.6K)(2.0M)6.6M5.9M2.9M2.1M
Net Working Capital(547.6K)(13.7M)6.6M5.9M2.9M3.1M

Currently Active Assets on Macroaxis

When determining whether Bone Biologics Corp is a strong investment it is important to analyze Bone Biologics' 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 Bone Biologics' future performance. For an informed investment choice regarding Bone Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bone Biologics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 Bone Biologics. If investors know Bone 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 Bone Biologics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.46)
Return On Assets
(0.57)
Return On Equity
(1.19)
The market value of Bone Biologics Corp is measured differently than its book value, which is the value of Bone that is recorded on the company's balance sheet. Investors also form their own opinion of Bone Biologics' value that differs from its market value or its book value, called intrinsic value, which is Bone Biologics' 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 Bone Biologics' market value can be influenced by many factors that don't directly affect Bone Biologics' 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 Bone Biologics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bone Biologics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bone Biologics' 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.