Biodexa Depreciation And Amortization vs Property Plant Equipment Analysis

BDRX Stock   4.57  0.17  3.86%   
Biodexa Pharmaceticals financial indicator trend analysis is way more than just evaluating Biodexa Pharmaceticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biodexa Pharmaceticals is a good investment. Please check the relationship between Biodexa Pharmaceticals Depreciation And Amortization and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biodexa Pharmaceticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Biodexa Stock please use our How to Invest in Biodexa Pharmaceticals guide.

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biodexa Pharmaceticals Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Biodexa Pharmaceticals' Depreciation And Amortization and Property Plant Equipment is 0.16. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Biodexa Pharmaceticals, assuming nothing else is changed. The correlation between historical values of Biodexa Pharmaceticals' Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Biodexa Pharmaceticals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Biodexa Pharmaceticals' Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Property Plant Equipment

Most indicators from Biodexa Pharmaceticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biodexa Pharmaceticals 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 Biodexa Pharmaceticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Biodexa Stock please use our How to Invest in Biodexa Pharmaceticals guide.At this time, Biodexa Pharmaceticals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.9 M in 2024.

Biodexa Pharmaceticals fundamental ratios Correlations

0.360.670.980.81-0.730.10.670.820.950.56-0.240.820.620.620.010.710.890.940.220.66-0.38-0.250.39-0.29-0.22
0.360.790.220.19-0.050.160.120.030.45-0.24-0.240.030.310.06-0.250.640.080.410.060.650.090.110.2-0.060.21
0.670.790.560.63-0.210.270.670.290.790.31-0.340.290.670.49-0.230.920.370.710.440.760.05-0.220.45-0.27-0.17
0.980.220.560.82-0.80.090.620.860.910.55-0.250.860.540.610.060.590.920.90.150.59-0.43-0.30.38-0.27-0.28
0.810.190.630.82-0.40.170.790.520.870.68-0.380.520.610.85-0.030.660.620.790.490.6-0.23-0.470.59-0.39-0.49
-0.73-0.05-0.21-0.8-0.4-0.04-0.29-0.97-0.52-0.240.06-0.97-0.15-0.11-0.09-0.2-0.94-0.550.16-0.240.40.14-0.130.080.07
0.10.160.270.090.17-0.040.10.030.190.09-0.920.030.380.31-0.960.330.020.180.470.00.83-0.690.72-0.69-0.69
0.670.120.670.620.79-0.290.10.450.710.82-0.090.450.690.680.010.730.520.640.620.42-0.12-0.350.39-0.35-0.36
0.820.030.290.860.52-0.970.030.450.610.42-0.061.00.290.240.110.320.990.630.030.35-0.42-0.170.2-0.14-0.11
0.950.450.790.910.87-0.520.190.710.610.57-0.360.610.740.76-0.080.830.70.980.310.7-0.27-0.330.48-0.35-0.33
0.56-0.240.310.550.68-0.240.090.820.420.57-0.090.420.590.770.010.470.470.560.570.16-0.14-0.360.23-0.43-0.37
-0.24-0.24-0.34-0.25-0.380.06-0.92-0.09-0.06-0.36-0.09-0.06-0.39-0.480.86-0.37-0.09-0.33-0.43-0.22-0.660.71-0.790.680.73
0.820.030.290.860.52-0.970.030.451.00.610.42-0.060.290.240.110.320.990.630.030.35-0.42-0.170.2-0.14-0.11
0.620.310.670.540.61-0.150.380.690.290.740.59-0.390.290.66-0.30.90.370.740.690.460.07-0.440.52-0.44-0.46
0.620.060.490.610.85-0.110.310.680.240.760.77-0.480.240.66-0.220.610.340.740.50.33-0.01-0.550.52-0.52-0.55
0.01-0.25-0.230.06-0.03-0.09-0.960.010.11-0.080.010.860.11-0.3-0.22-0.290.12-0.08-0.410.06-0.880.56-0.610.680.54
0.710.640.920.590.66-0.20.330.730.320.830.47-0.370.320.90.61-0.290.40.790.60.680.06-0.310.51-0.38-0.27
0.890.080.370.920.62-0.940.020.520.990.70.47-0.090.990.370.340.120.40.710.080.45-0.45-0.20.25-0.18-0.15
0.940.410.710.90.79-0.550.180.640.630.980.56-0.330.630.740.74-0.080.790.710.210.59-0.3-0.290.4-0.32-0.28
0.220.060.440.150.490.160.470.620.030.310.57-0.430.030.690.5-0.410.60.080.210.340.41-0.510.62-0.5-0.53
0.660.650.760.590.6-0.240.00.420.350.70.16-0.220.350.460.330.060.680.450.590.34-0.240.00.42-0.050.0
-0.380.090.05-0.43-0.230.40.83-0.12-0.42-0.27-0.14-0.66-0.420.07-0.01-0.880.06-0.45-0.30.41-0.24-0.430.47-0.48-0.42
-0.250.11-0.22-0.3-0.470.14-0.69-0.35-0.17-0.33-0.360.71-0.17-0.44-0.550.56-0.31-0.2-0.29-0.510.0-0.43-0.520.780.92
0.390.20.450.380.59-0.130.720.390.20.480.23-0.790.20.520.52-0.610.510.250.40.620.420.47-0.52-0.38-0.6
-0.29-0.06-0.27-0.27-0.390.08-0.69-0.35-0.14-0.35-0.430.68-0.14-0.44-0.520.68-0.38-0.18-0.32-0.5-0.05-0.480.78-0.380.77
-0.220.21-0.17-0.28-0.490.07-0.69-0.36-0.11-0.33-0.370.73-0.11-0.46-0.550.54-0.27-0.15-0.28-0.530.0-0.420.92-0.60.77
Click cells to compare fundamentals

Biodexa Pharmaceticals Account Relationship Matchups

Biodexa Pharmaceticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.9M9.8M12.9M5.5M10.5M20.9M
Other Current Liab761K2.4M1.2M1.3M5.0M5.3M
Total Current Liabilities5.7M3.0M1.8M1.9M5.6M3.8M
Total Stockholder Equity19.6M6.7M10.5M3.2M4.7M4.4M
Property Plant And Equipment Net2.2M542K1.2M831K571K542.5K
Net Debt(4.8M)(7.3M)(9.3M)(2.2M)(5.5M)(5.8M)
Retained Earnings(99.8M)(122.4M)(127.8M)(135.3M)(144.8M)(137.5M)
Accounts Payable4.5M337K485K339K314K298.3K
Cash10.9M7.5M10.1M2.8M6.0M8.0M
Non Current Assets Total17.2M542K1.2M837K3.5M3.3M
Non Currrent Assets Other2.6M(542K)(1.2M)(837K)(753.3K)(715.6K)
Cash And Short Term Investments10.9M7.5M10.1M2.8M6.0M8.0M
Non Current Liabilities Total5.7M110K619.5K463K295K280.3K
Other Current Assets2.8M258K607K376K355K337.3K
Other Stockholder Equity65.9M74.4M85.2M83.7M86.7M59.2M
Total Liab11.3M3.1M2.5M2.4M5.9M5.8M
Total Current Assets13.7M9.3M11.8M4.7M7.0M10.0M
Intangible Assets14.2M10.1M10.1M6K2.9M2.8M
Short Long Term Debt Total6.1M260K766K624K464K440.8K
Net Receivables22K95K33K329K704K455.7K
Liabilities And Stockholders Equity30.9M9.8M12.9M5.5M10.5M10.0M
Accumulated Other Comprehensive Income56.4M53.7M53.5M53.0M61.5M53.6M
Short Term Debt412K200K146K161K169K307.8K
Common Stock23K63K98.5K1.1M1.2M1.2M

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.

Additional Tools for Biodexa Stock Analysis

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