BioNexus Other Operating Expenses vs Total Revenue 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 Other Operating Expenses and its Total Revenue 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.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNexus Gene Lab Other Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BioNexus Gene's Other Operating Expenses and Total Revenue is 0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue 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 Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of BioNexus Gene Lab are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., BioNexus Gene's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BioNexus Gene Lab. It is also known as BioNexus Gene overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Revenue
Total revenue comprises all receipts BioNexus Gene Lab generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary 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 Profit | 2.2M | 1.3M | 1.3M | 1.2M | Total Revenue | 13.4M | 10.9M | 9.8M | 8.4M |
BioNexus Gene fundamental ratios Correlations
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BioNexus Gene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BioNexus Gene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 51.6K | 3.4M | 2.3M | 2.0M | 1.6M | 1.5M | |
Net Tangible Assets | 1.5M | 1.1M | 6.7M | 7.2M | 8.3M | 8.7M | |
Retained Earnings | (333.3K) | 760.8K | 1.5M | 1.2M | (1.8M) | (1.8M) | |
Total Current Assets | 882.6K | 8.0M | 7.1M | 6.0M | 8.0M | 4.5M | |
Common Stock | 6.6M | 6.5M | 10.8M | 10.9M | 17.2M | 9.4M | |
Other Current Liab | 19.4K | 50.1K | 32.3K | 103.4K | 194.1K | 169.0K | |
Net Receivables | 15.9K | 4.0M | 3.4M | 2.9M | 857.3K | 814.4K | |
Inventory | 7.6K | 1.2M | 1.5M | 977.8K | 1.1M | 765.1K | |
Property Plant Equipment | 341.8K | 336.5K | 1.8M | 1.6M | 1.9M | 961.7K | |
Total Assets | 1.2M | 10.1M | 9.6M | 8.7M | 11.4M | 7.8M | |
Short Long Term Debt Total | 89.4K | 123.4K | 76.9K | 56.8K | 133.4K | 103.0K | |
Total Stockholder Equity | 1.1M | 6.7M | 7.2M | 6.7M | 9.7M | 6.0M | |
Property Plant And Equipment Net | 336.5K | 1.8M | 1.7M | 1.6M | 1.7M | 1.4M | |
Net Debt | (769.6K) | (2.7M) | (2.0M) | (2.1M) | (5.8M) | (5.5M) | |
Cash | 859.1K | 2.8M | 2.1M | 2.1M | 5.9M | 6.2M | |
Non Current Assets Total | 348.7K | 2.1M | 2.4M | 2.7M | 3.4M | 2.1M | |
Cash And Short Term Investments | 859.1K | 2.8M | 2.1M | 2.1M | 5.9M | 6.2M | |
Common Stock Shares Outstanding | 7.2M | 8.6M | 14.3M | 14.4M | 15.9M | 12.1M | |
Liabilities And Stockholders Equity | 1.2M | 10.1M | 9.6M | 8.7M | 11.4M | 7.8M | |
Non Current Liabilities Total | 57.3K | 79.5K | 65.9K | 71.1K | 111.0K | 82.9K | |
Capital Lease Obligations | 89.4K | 123.4K | 76.9K | 56.8K | 133.4K | 103.0K | |
Total Liab | 108.9K | 3.5M | 2.4M | 2.1M | 1.7M | 1.8M | |
Net Invested Capital | 1.1M | 6.7M | 7.2M | 6.7M | 9.7M | 6.0M | |
Long Term Investments | 12.2K | 281.7K | 749.0K | 1.2M | 1.7M | 1.8M | |
Accumulated Other Comprehensive Income | (17.1K) | 133.7K | (100.3K) | (409.1K) | (677.3K) | (643.4K) | |
Net Working Capital | 831.0K | 4.6M | 4.8M | 4.0M | 6.4M | 4.0M | |
Short Term Debt | 32.1K | 91.5K | 79.0K | 16.6K | 34.6K | 50.0K |
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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 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. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.