BioAffinity Cash Flow To Debt Ratio vs Free Cash Flow Yield Analysis

BIAFW Stock  USD 0.72  0.03  4.00%   
BioAffinity Technologies financial indicator trend analysis is way more than just evaluating BioAffinity Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BioAffinity Technologies is a good investment. Please check the relationship between BioAffinity Technologies Cash Flow To Debt Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioAffinity Technologies Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Cash Flow To Debt Ratio vs Free Cash Flow Yield

Cash Flow To Debt Ratio vs Free Cash Flow Yield Correlation Analysis

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash Flow To Debt Ratio

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from BioAffinity Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BioAffinity Technologies 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 bioAffinity Technologies Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, BioAffinity Technologies' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 7.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M2.5M37.1K35.3K
Depreciation And Amortization4.8K10.2K249.6K262.1K

BioAffinity Technologies fundamental ratios Correlations

-0.55-0.08-0.510.780.56-0.85-0.80.810.920.53-0.470.920.51-0.541.00.97-0.330.95-0.570.950.81-0.98-0.50.980.56
-0.550.811.0-0.95-0.430.860.26-0.27-0.49-0.410.37-0.49-0.40.34-0.53-0.50.93-0.511.0-0.56-0.110.60.81-0.57-0.43
-0.080.810.84-0.61-0.010.53-0.270.2-0.090.00.05-0.090.010.11-0.060.00.91-0.080.78-0.090.450.120.83-0.080.0
-0.511.00.84-0.93-0.420.830.23-0.24-0.45-0.40.34-0.45-0.390.31-0.48-0.460.94-0.460.99-0.52-0.070.560.82-0.53-0.41
0.78-0.95-0.61-0.930.55-0.96-0.520.50.720.52-0.490.720.5-0.50.770.73-0.80.74-0.950.760.4-0.81-0.770.80.55
0.56-0.43-0.01-0.420.55-0.39-0.860.810.281.00.050.281.0-0.050.520.69-0.120.35-0.50.730.61-0.7-0.260.651.0
-0.850.860.530.83-0.96-0.390.49-0.47-0.86-0.350.62-0.86-0.330.64-0.85-0.750.73-0.870.86-0.76-0.440.830.75-0.85-0.39
-0.80.26-0.270.23-0.52-0.860.49-0.91-0.63-0.850.22-0.63-0.840.35-0.79-0.87-0.08-0.670.32-0.85-0.870.870.17-0.86-0.87
0.81-0.270.2-0.240.50.81-0.47-0.910.550.80.010.550.79-0.070.780.93-0.020.62-0.330.930.89-0.87-0.230.80.81
0.92-0.49-0.09-0.450.720.28-0.86-0.630.550.25-0.71.00.23-0.790.950.81-0.311.0-0.490.770.66-0.85-0.470.910.29
0.53-0.410.0-0.40.521.0-0.35-0.850.80.250.080.251.0-0.020.490.67-0.110.31-0.480.70.59-0.68-0.230.621.0
-0.470.370.050.34-0.490.050.620.220.01-0.70.08-0.70.090.82-0.5-0.30.29-0.660.35-0.23-0.310.360.07-0.50.05
0.92-0.49-0.09-0.450.720.28-0.86-0.630.551.00.25-0.70.23-0.790.950.81-0.311.0-0.490.770.66-0.85-0.470.910.29
0.51-0.40.01-0.390.51.0-0.33-0.840.790.231.00.090.230.00.470.65-0.10.29-0.460.690.59-0.66-0.220.61.0
-0.540.340.110.31-0.5-0.050.640.35-0.07-0.79-0.020.82-0.790.0-0.59-0.360.17-0.740.33-0.31-0.240.480.34-0.63-0.06
1.0-0.53-0.06-0.480.770.52-0.85-0.790.780.950.49-0.50.950.47-0.590.95-0.310.97-0.550.930.8-0.97-0.50.980.53
0.97-0.50.0-0.460.730.69-0.75-0.870.930.810.67-0.30.810.65-0.360.95-0.260.86-0.540.990.87-0.98-0.440.950.7
-0.330.930.910.94-0.8-0.120.73-0.08-0.02-0.31-0.110.29-0.31-0.10.17-0.31-0.26-0.320.91-0.320.120.340.77-0.3-0.12
0.95-0.51-0.08-0.460.740.35-0.87-0.670.621.00.31-0.661.00.29-0.740.970.86-0.32-0.520.820.7-0.89-0.480.940.36
-0.571.00.780.99-0.95-0.50.860.32-0.33-0.49-0.480.35-0.49-0.460.33-0.55-0.540.91-0.52-0.6-0.160.630.8-0.6-0.49
0.95-0.56-0.09-0.520.760.73-0.76-0.850.930.770.7-0.230.770.69-0.310.930.99-0.320.82-0.60.83-0.98-0.510.930.73
0.81-0.110.45-0.070.40.61-0.44-0.870.890.660.59-0.310.660.59-0.240.80.870.120.7-0.160.83-0.790.050.780.62
-0.980.60.120.56-0.81-0.70.830.87-0.87-0.85-0.680.36-0.85-0.660.48-0.97-0.980.34-0.890.63-0.98-0.790.55-0.98-0.71
-0.50.810.830.82-0.77-0.260.750.17-0.23-0.47-0.230.07-0.47-0.220.34-0.5-0.440.77-0.480.8-0.510.050.55-0.51-0.25
0.98-0.57-0.08-0.530.80.65-0.85-0.860.80.910.62-0.50.910.6-0.630.980.95-0.30.94-0.60.930.78-0.98-0.510.65
0.56-0.430.0-0.410.551.0-0.39-0.870.810.291.00.050.291.0-0.060.530.7-0.120.36-0.490.730.62-0.71-0.250.65
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BioAffinity Technologies Account Relationship Matchups

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