BioNexus Ebit vs Operating Income Analysis

BGLC Stock  USD 0.23  0.01  4.17%   
BioNexus Gene financial indicator trend analysis is way more than just evaluating BioNexus Gene Lab prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BioNexus Gene Lab is a good investment. Please check the relationship between BioNexus Gene Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioNexus Gene Lab. 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNexus Gene Lab Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between BioNexus Gene's Ebit and Operating Income is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of BioNexus Gene Lab, assuming nothing else is changed. The correlation between historical values of BioNexus Gene's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of BioNexus Gene Lab are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., BioNexus Gene's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Operating Income

Operating Income is the amount of profit realized from BioNexus Gene Lab operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BioNexus Gene Lab is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from BioNexus Gene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BioNexus Gene Lab 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 BioNexus Gene Lab. 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.
At present, BioNexus Gene's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (1.11).
 2021 2022 2023 2024 (projected)
Gross Profit2.2M1.3M1.3M1.2M
Total Revenue13.4M10.9M9.8M8.4M

BioNexus Gene fundamental ratios Correlations

0.840.24-0.70.930.79-0.650.530.530.920.910.90.890.410.840.93-0.540.520.830.520.710.450.410.960.840.57
0.84-0.11-0.70.940.9-0.780.860.590.730.930.920.960.450.960.96-0.820.810.960.810.930.650.450.890.960.9
0.24-0.110.010.06-0.15-0.03-0.240.080.540.170.110.0-0.58-0.080.090.62-0.63-0.06-0.63-0.07-0.59-0.580.2-0.08-0.42
-0.7-0.70.01-0.71-0.860.87-0.49-0.82-0.54-0.62-0.64-0.62-0.28-0.6-0.640.44-0.43-0.62-0.43-0.62-0.28-0.28-0.62-0.6-0.53
0.930.940.06-0.710.92-0.770.710.60.840.970.990.980.50.970.98-0.70.680.960.680.880.640.50.940.970.75
0.790.9-0.15-0.860.92-0.850.730.70.620.840.890.880.520.90.86-0.730.710.90.710.880.670.520.780.90.78
-0.65-0.78-0.030.87-0.77-0.85-0.54-0.95-0.61-0.7-0.72-0.69-0.32-0.67-0.720.48-0.47-0.69-0.47-0.7-0.3-0.32-0.7-0.67-0.57
0.530.86-0.24-0.490.710.73-0.540.250.420.750.710.780.190.830.74-0.80.790.850.790.930.610.190.590.830.95
0.530.590.08-0.820.60.7-0.950.250.520.50.540.50.310.450.54-0.280.280.460.280.440.130.310.580.450.32
0.920.730.54-0.540.840.62-0.610.420.520.880.850.810.160.730.87-0.290.270.730.270.640.210.160.930.730.4
0.910.930.17-0.620.970.84-0.70.750.50.880.970.970.380.950.98-0.650.630.940.630.890.550.380.940.950.73
0.90.920.11-0.640.990.89-0.720.710.540.850.970.990.450.970.98-0.670.640.970.640.90.640.450.940.970.74
0.890.960.0-0.620.980.88-0.690.780.50.810.970.990.50.990.99-0.770.750.980.750.910.70.50.940.990.82
0.410.45-0.58-0.280.50.52-0.320.190.310.160.380.450.50.510.45-0.690.680.440.680.290.771.00.440.510.4
0.840.96-0.08-0.60.970.9-0.670.830.450.730.950.970.990.510.97-0.810.790.990.790.940.760.510.881.00.86
0.930.960.09-0.640.980.86-0.720.740.540.870.980.980.990.450.97-0.710.690.960.690.890.610.450.970.970.78
-0.54-0.820.620.44-0.7-0.730.48-0.8-0.28-0.29-0.65-0.67-0.77-0.69-0.81-0.71-1.0-0.79-1.0-0.75-0.89-0.69-0.6-0.81-0.92
0.520.81-0.63-0.430.680.71-0.470.790.280.270.630.640.750.680.790.69-1.00.771.00.730.860.680.590.790.92
0.830.96-0.06-0.620.960.9-0.690.850.460.730.940.970.980.440.990.96-0.790.770.770.960.720.440.870.990.88
0.520.81-0.63-0.430.680.71-0.470.790.280.270.630.640.750.680.790.69-1.01.00.770.730.860.680.590.790.92
0.710.93-0.07-0.620.880.88-0.70.930.440.640.890.90.910.290.940.89-0.750.730.960.730.630.290.760.940.9
0.450.65-0.59-0.280.640.67-0.30.610.130.210.550.640.70.770.760.61-0.890.860.720.860.630.770.490.760.75
0.410.45-0.58-0.280.50.52-0.320.190.310.160.380.450.51.00.510.45-0.690.680.440.680.290.770.440.510.4
0.960.890.2-0.620.940.78-0.70.590.580.930.940.940.940.440.880.97-0.60.590.870.590.760.490.440.880.64
0.840.96-0.08-0.60.970.9-0.670.830.450.730.950.970.990.511.00.97-0.810.790.990.790.940.760.510.880.86
0.570.9-0.42-0.530.750.78-0.570.950.320.40.730.740.820.40.860.78-0.920.920.880.920.90.750.40.640.86
Click cells to compare fundamentals

BioNexus Gene Account Relationship Matchups

BioNexus Gene fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities51.6K3.4M2.3M2.0M1.6M1.5M
Net Tangible Assets1.5M1.1M6.7M7.2M8.3M8.7M
Retained Earnings(333.3K)760.8K1.5M1.2M(1.8M)(1.8M)
Total Current Assets882.6K8.0M7.1M6.0M8.0M4.5M
Common Stock6.6M6.5M10.8M10.9M17.2M9.4M
Other Current Liab19.4K50.1K32.3K103.4K194.1K169.0K
Net Receivables15.9K4.0M3.4M2.9M857.3K814.4K
Inventory7.6K1.2M1.5M977.8K1.1M765.1K
Property Plant Equipment341.8K336.5K1.8M1.6M1.9M961.7K
Total Assets1.2M10.1M9.6M8.7M11.4M7.8M
Short Long Term Debt Total89.4K123.4K76.9K56.8K133.4K103.0K
Total Stockholder Equity1.1M6.7M7.2M6.7M9.7M6.0M
Property Plant And Equipment Net336.5K1.8M1.7M1.6M1.7M1.4M
Net Debt(769.6K)(2.7M)(2.0M)(2.1M)(5.8M)(5.5M)
Cash859.1K2.8M2.1M2.1M5.9M6.2M
Non Current Assets Total348.7K2.1M2.4M2.7M3.4M2.1M
Cash And Short Term Investments859.1K2.8M2.1M2.1M5.9M6.2M
Common Stock Shares Outstanding7.2M8.6M14.3M14.4M15.9M12.1M
Liabilities And Stockholders Equity1.2M10.1M9.6M8.7M11.4M7.8M
Non Current Liabilities Total57.3K79.5K65.9K71.1K111.0K82.9K
Capital Lease Obligations89.4K123.4K76.9K56.8K133.4K103.0K
Total Liab108.9K3.5M2.4M2.1M1.7M1.8M
Net Invested Capital1.1M6.7M7.2M6.7M9.7M6.0M
Long Term Investments12.2K281.7K749.0K1.2M1.7M1.8M
Accumulated Other Comprehensive Income(17.1K)133.7K(100.3K)(409.1K)(677.3K)(643.4K)
Net Working Capital831.0K4.6M4.8M4.0M6.4M4.0M
Short Term Debt32.1K91.5K79.0K16.6K34.6K50.0K

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When determining whether BioNexus Gene Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BioNexus Gene'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 Bionexus Gene Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bionexus Gene Lab Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioNexus Gene Lab. 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.
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Is Specialty Chemicals 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 BioNexus Gene. If investors know BioNexus 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 BioNexus Gene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
(0.06)
Revenue Per Share
0.526
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.10)
The market value of BioNexus Gene Lab is measured differently than its book value, which is the value of BioNexus that is recorded on the company's balance sheet. Investors also form their own opinion of BioNexus Gene's value that differs from its market value or its book value, called intrinsic value, which is BioNexus Gene'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 BioNexus Gene's market value can be influenced by many factors that don't directly affect BioNexus Gene'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 BioNexus Gene's value and its price as these two are different measures arrived at by different means. Investors typically determine if BioNexus Gene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioNexus Gene'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.