| BIOM Stock | | | 5.25 0.00 0.00% |
Biome Technologies financial indicator trend analysis is way more than just evaluating Biome Technologies Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biome Technologies Plc is a good investment. Please check the relationship between Biome Technologies Gross Profit and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Biome Technologies Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Gross Profit vs Minority Interest
Gross Profit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Biome Technologies Plc Gross Profit account and
Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Biome Technologies' Gross Profit and Minority Interest is 0.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Biome Technologies Plc, assuming nothing else is changed. The correlation between historical values of Biome Technologies' Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Biome Technologies Plc are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., Biome Technologies' Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.0 |
| Relationship Direction | Flat |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Biome Technologies Plc minus its cost of goods sold. It is profit before Biome Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Biome Technologies Plc whose combined shares represent less than 50% of the total outstanding shares issued by Biome Technologies have a minority interest in Biome Technologies.
Most indicators from Biome Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biome Technologies Plc 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 Biome Technologies Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 1.8
M in 2024.
Tax Provision is likely to drop to about (21
K) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.5M | 2.0M | 2.3M | 2.1M | Total Revenue | 5.7M | 6.2M | 7.0M | 6.2M |
Biome Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Biome Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biome Technologies fundamental ratios Accounts
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 Biome Stock Analysis
When running Biome Technologies' price analysis, check to
measure Biome 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 Biome Technologies is operating at the current time. Most of Biome Technologies' value examination focuses on studying past and present price action to
predict the probability of Biome Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biome Technologies' price. Additionally, you may evaluate how the addition of Biome Technologies to your portfolios can decrease your overall portfolio volatility.