Biocardia Capital Stock vs Short Term Investments Analysis

BCDA Stock  USD 2.47  0.15  6.47%   
Biocardia financial indicator trend analysis is way more than just evaluating Biocardia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biocardia is a good investment. Please check the relationship between Biocardia Capital Stock and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biocardia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Biocardia Stock refer to our How to Trade Biocardia Stock guide.

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biocardia Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Biocardia's Capital Stock and Short Term Investments is 0.18. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Biocardia, assuming nothing else is changed. The correlation between historical values of Biocardia's Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Biocardia are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Biocardia's Capital Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Term Investments

Short Term Investments is an item under the current assets section of Biocardia balance sheet. It contains any investments Biocardia undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Biocardia can easily liquidate in the marketplace.
Most indicators from Biocardia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biocardia 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 Biocardia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Biocardia Stock refer to our How to Trade Biocardia Stock guide.At present, Biocardia's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 12.57, whereas Selling General Administrative is forecasted to decline to about 3.3 M.
 2022 2024 2025 (projected)
Interest Expense6K6.9K6.6K
Depreciation And Amortization82K96.6K91.8K

Biocardia fundamental ratios Correlations

-0.16-0.240.96-0.32-0.980.21-0.340.99-0.33-0.630.990.350.56-0.10.160.14-0.19-0.29-0.460.990.560.570.020.43-0.11
-0.160.89-0.410.920.37-0.860.56-0.290.920.62-0.29-0.08-0.71-0.170.830.50.820.920.8-0.26-0.7-0.160.87-0.27-0.77
-0.240.89-0.50.820.43-0.940.83-0.360.810.56-0.36-0.16-0.720.030.770.460.930.980.75-0.33-0.71-0.240.85-0.43-0.89
0.96-0.41-0.5-0.54-1.00.47-0.520.99-0.55-0.730.990.370.71-0.1-0.08-0.02-0.44-0.55-0.650.980.690.56-0.230.50.15
-0.320.920.82-0.540.51-0.850.53-0.431.00.75-0.43-0.3-0.62-0.170.670.390.840.90.96-0.42-0.61-0.240.72-0.43-0.64
-0.980.370.43-1.00.51-0.40.45-1.00.530.73-1.0-0.37-0.670.060.020.00.380.490.62-0.99-0.66-0.570.17-0.48-0.07
0.21-0.86-0.940.47-0.85-0.4-0.80.33-0.85-0.570.330.260.620.02-0.7-0.38-0.98-0.95-0.810.310.60.1-0.820.380.89
-0.340.560.83-0.520.530.45-0.8-0.410.510.4-0.41-0.37-0.590.290.40.260.80.790.53-0.39-0.58-0.230.62-0.45-0.73
0.99-0.29-0.360.99-0.43-1.00.33-0.41-0.45-0.691.00.360.64-0.080.050.05-0.3-0.41-0.551.00.630.57-0.10.460.0
-0.330.920.81-0.551.00.53-0.850.51-0.450.75-0.45-0.3-0.63-0.190.670.380.830.890.96-0.44-0.62-0.220.73-0.39-0.63
-0.630.620.56-0.730.750.73-0.570.4-0.690.75-0.69-0.32-0.55-0.470.280.080.620.630.84-0.69-0.53-0.730.39-0.7-0.31
0.99-0.29-0.360.99-0.43-1.00.33-0.411.0-0.45-0.690.360.64-0.080.050.05-0.3-0.41-0.551.00.630.57-0.10.460.0
0.35-0.08-0.160.37-0.3-0.370.26-0.370.36-0.3-0.320.36-0.07-0.250.33-0.34-0.28-0.25-0.460.37-0.080.10.080.31-0.06
0.56-0.71-0.720.71-0.62-0.670.62-0.590.64-0.63-0.550.64-0.07-0.11-0.57-0.21-0.55-0.71-0.560.621.00.32-0.740.260.48
-0.1-0.170.03-0.1-0.170.060.020.29-0.08-0.19-0.47-0.08-0.25-0.11-0.210.19-0.070.03-0.17-0.07-0.120.34-0.010.160.05
0.160.830.77-0.080.670.02-0.70.40.050.670.280.050.33-0.57-0.210.350.660.740.490.08-0.570.050.82-0.06-0.82
0.140.50.46-0.020.390.0-0.380.260.050.380.080.05-0.34-0.210.190.350.350.480.340.08-0.210.10.46-0.04-0.33
-0.190.820.93-0.440.840.38-0.980.8-0.30.830.62-0.3-0.28-0.55-0.070.660.350.940.82-0.29-0.54-0.220.77-0.55-0.89
-0.290.920.98-0.550.90.49-0.950.79-0.410.890.63-0.41-0.25-0.710.030.740.480.940.84-0.39-0.7-0.240.83-0.45-0.84
-0.460.80.75-0.650.960.62-0.810.53-0.550.960.84-0.55-0.46-0.56-0.170.490.340.820.84-0.55-0.55-0.350.6-0.56-0.53
0.99-0.26-0.330.98-0.42-0.990.31-0.391.0-0.44-0.691.00.370.62-0.070.080.08-0.29-0.39-0.550.610.57-0.070.46-0.03
0.56-0.7-0.710.69-0.61-0.660.6-0.580.63-0.62-0.530.63-0.081.0-0.12-0.57-0.21-0.54-0.7-0.550.610.31-0.740.240.48
0.57-0.16-0.240.56-0.24-0.570.1-0.230.57-0.22-0.730.570.10.320.340.050.1-0.22-0.24-0.350.570.310.00.80.0
0.020.870.85-0.230.720.17-0.820.62-0.10.730.39-0.10.08-0.74-0.010.820.460.770.830.6-0.07-0.740.0-0.14-0.81
0.43-0.27-0.430.5-0.43-0.480.38-0.450.46-0.39-0.70.460.310.260.16-0.06-0.04-0.55-0.45-0.560.460.240.8-0.140.29
-0.11-0.77-0.890.15-0.64-0.070.89-0.730.0-0.63-0.310.0-0.060.480.05-0.82-0.33-0.89-0.84-0.53-0.030.480.0-0.810.29
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Biocardia Account Relationship Matchups

Biocardia fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets23.4M15.7M9.8M3.0M3.4M3.3M
Other Current Liab2.2M2.9M3.0M1.6M1.9M2.0M
Total Current Liabilities4.2M3.7M3.6M3.6M4.1M4.4M
Total Stockholder Equity19.2M10.4M4.9M(1.6M)(1.8M)(1.8M)
Property Plant And Equipment Net712K2.1M1.9M1.4M1.6M1.6M
Net Debt(20.8M)(11.0M)(5.7M)212K190.8K200.3K
Retained Earnings(116.1M)(128.7M)(140.6M)(152.2M)(137.0M)(130.1M)
Accounts Payable746K507K683K890K1.0M1.1M
Cash21.4M12.9M7.4M1.1M1.3M1.2M
Non Current Assets Total766K2.2M1.9M1.5M1.8M1.6M
Cash And Short Term Investments21.4M12.9M7.4M1.1M1.3M1.2M
Common Stock Shares Outstanding674.6K1.1M1.2M1.4M1.6M1.4M
Liabilities And Stockholders Equity23.4M15.7M9.8M3.0M3.4M3.3M
Non Current Liabilities Total2.7M1.6M1.3M982K1.1M630.9K
Other Current Assets401K924K300K295K265.5K436.7K
Other Stockholder Equity135.2M139.1M145.5M150.5M173.1M181.8M
Total Liab4.2M5.3M4.9M4.6M5.3M5.5M
Total Current Assets22.7M13.5M7.9M1.5M1.7M1.6M
Common Stock16K17K20K24K27.6K26.2K
Current Deferred Revenue1.4M1.5M965K759K872.9K750.8K
Inventory4K(850K)1.0(201K)(180.9K)(171.9K)
Short Long Term Debt Total614K1.9M1.6M1.3M1.5M1.3M
Short Term Debt1.2M474K630K666K599.4K569.4K
Net Tangible Assets2.4M19.2M10.4M4.9M5.6M5.5M
Property Plant Equipment1.2M712K2.1M1.8M2.0M2.1M
Net Invested Capital19.2M10.4M4.9M(1.6M)(1.4M)(1.4M)
Net Working Capital18.4M9.8M4.3M(2.1M)(1.9M)(1.8M)
Capital Stock16K17K20K24K21.6K16.9K
Capital Lease Obligations614K1.9M1.6M1.3M1.5M1.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Biocardia offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biocardia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biocardia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biocardia Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biocardia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Biocardia Stock refer to our How to Trade Biocardia Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Biotechnology 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 Biocardia. If investors know Biocardia 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 Biocardia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.03)
Revenue Per Share
0.264
Quarterly Revenue Growth
(0.93)
Return On Assets
(1.16)
Return On Equity
(7.04)
The market value of Biocardia is measured differently than its book value, which is the value of Biocardia that is recorded on the company's balance sheet. Investors also form their own opinion of Biocardia's value that differs from its market value or its book value, called intrinsic value, which is Biocardia'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 Biocardia's market value can be influenced by many factors that don't directly affect Biocardia'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 Biocardia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biocardia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biocardia'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.