Biome Short Term Investments vs Property Plant And Equipment Net Analysis

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 Short Term Investments and its Property Plant And Equipment Net 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.

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biome Technologies Plc Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Biome Technologies' Short Term Investments and Property Plant And Equipment Net is 0.22. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Net 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' Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Biome Technologies Plc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Biome Technologies' Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Biome Technologies balance sheet. It contains any investments Biome Technologies Plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Biome Technologies Plc can easily liquidate in the marketplace.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Profit1.5M2.0M2.3M2.1M
Total Revenue5.7M6.2M7.0M6.2M

Biome Technologies fundamental ratios Correlations

0.910.830.970.85-0.050.920.43-0.020.330.850.870.950.820.720.20.940.920.21-0.730.910.43-0.60.790.790.25
0.910.950.780.890.310.950.090.110.210.970.90.950.680.910.440.820.960.16-0.60.980.09-0.440.640.640.26
0.830.950.680.820.370.890.00.140.090.950.870.890.60.970.450.780.90.28-0.530.940.0-0.370.570.570.25
0.970.780.680.74-0.260.820.59-0.120.360.710.770.880.830.530.020.930.830.17-0.730.790.59-0.680.810.810.21
0.850.890.820.740.370.960.020.190.220.90.830.870.630.80.560.720.890.0-0.550.90.02-0.160.590.590.21
-0.050.310.37-0.260.370.3-0.910.2-0.30.390.310.18-0.290.480.62-0.250.29-0.030.30.29-0.910.36-0.31-0.31-0.14
0.920.950.890.820.960.30.10.060.140.960.880.960.750.840.470.80.970.05-0.670.970.1-0.350.720.720.13
0.430.090.00.590.02-0.910.1-0.140.380.010.030.210.62-0.12-0.410.60.090.03-0.60.111.0-0.480.620.620.24
-0.020.110.14-0.120.190.20.06-0.140.560.130.05-0.1-0.070.30.730.06-0.1-0.140.070.11-0.140.39-0.16-0.160.81
0.330.210.090.360.22-0.30.140.380.560.070.250.140.140.090.130.340.080.27-0.070.190.38-0.160.060.060.82
0.850.970.950.710.90.390.960.010.130.070.850.930.680.940.530.760.940.06-0.620.980.01-0.310.650.650.17
0.870.90.870.770.830.310.880.030.050.250.850.890.530.780.330.720.920.36-0.420.890.03-0.540.50.50.19
0.950.950.890.880.870.180.960.21-0.10.140.930.890.770.790.260.840.990.17-0.680.950.21-0.570.750.750.08
0.820.680.60.830.63-0.290.750.62-0.070.140.680.530.770.520.170.850.7-0.13-0.990.750.62-0.490.990.990.09
0.720.910.970.530.80.480.84-0.120.30.090.940.780.790.520.610.680.810.18-0.470.9-0.12-0.170.470.470.33
0.20.440.450.020.560.620.47-0.410.730.130.530.330.260.170.610.140.32-0.35-0.190.48-0.410.40.110.110.37
0.940.820.780.930.72-0.250.80.60.060.340.760.720.840.850.680.140.780.17-0.770.810.6-0.560.820.820.39
0.920.960.90.830.890.290.970.09-0.10.080.940.920.990.70.810.320.780.17-0.610.960.09-0.510.680.680.03
0.210.160.280.170.0-0.030.050.03-0.140.270.060.360.17-0.130.18-0.350.170.170.220.130.03-0.32-0.14-0.140.16
-0.73-0.6-0.53-0.73-0.550.3-0.67-0.60.07-0.07-0.62-0.42-0.68-0.99-0.47-0.19-0.77-0.610.22-0.68-0.60.41-0.99-0.99-0.05
0.910.980.940.790.90.290.970.110.110.190.980.890.950.750.90.480.810.960.13-0.680.11-0.420.710.710.21
0.430.090.00.590.02-0.910.11.0-0.140.380.010.030.210.62-0.12-0.410.60.090.03-0.60.11-0.480.620.620.24
-0.6-0.44-0.37-0.68-0.160.36-0.35-0.480.39-0.16-0.31-0.54-0.57-0.49-0.170.4-0.56-0.51-0.320.41-0.42-0.48-0.5-0.50.02
0.790.640.570.810.59-0.310.720.62-0.160.060.650.50.750.990.470.110.820.68-0.14-0.990.710.62-0.51.00.0
0.790.640.570.810.59-0.310.720.62-0.160.060.650.50.750.990.470.110.820.68-0.14-0.990.710.62-0.51.00.0
0.250.260.250.210.21-0.140.130.240.810.820.170.190.080.090.330.370.390.030.16-0.050.210.240.020.00.0
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Biome Technologies Account Relationship Matchups

Biome Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1M5.5M4.6M3.6M3.8M3.6M
Total Current Liabilities1.5M1.1M1.3M988K1.8M3.2M
Total Stockholder Equity4.2M4.0M2.9M2.3M752K714.4K
Property Plant And Equipment Net653K574K502K498K418K397.1K
Net Debt(1.6M)(1.2M)(595K)(370K)260K247K
Non Current Assets Total1.5M1.4M1.2M1.3M1.2M1.1M
Cash And Short Term Investments2.1M1.7M996K779K599K569.1K
Common Stock Shares Outstanding2.8M2.5M3.0M3.7M3.8M4.0M
Liabilities And Stockholders Equity6.1M5.5M4.6M3.6M3.8M3.6M
Non Current Liabilities Total438.0K400.0K361K354K1.3M1.7M
Inventory555K746K920K736K631K599.5K
Other Current Assets468.0K553.0K246.0K310K355K337.3K
Other Stockholder Equity1.3M2.2M2.2M2.2M2.3M2.2M
Total Liab1.9M1.5M1.7M1.3M3.1M4.3M
Property Plant And Equipment Gross653K574K1.7M1.8M1.8M1.8M
Total Current Assets4.6M4.1M3.4M2.3M2.6M4.9M
Other Current Liab850K501K517K323K395K375.3K
Retained Earnings2.5M1.1M79K(181K)(1.8M)(1.9M)
Accounts Payable531K520K762K554K1.2M947.1K
Cash2.1M1.7M996K779K599K569.1K
Non Currrent Assets Other(918K)1.5M(1.0)788K709.2K744.7K
Common Stock118K140K186K189K170.1K161.6K
Accumulated Other Comprehensive Income296K536K406K23.0K75.0K78.7K
Net Receivables1.9M1.1M1.5M436K1.0M1.3M
Property Plant Equipment185K653K574K502K451.8K429.2K
Intangible Assets883K821K726K841K788K1.1M
Other Assets915K918K883K1.00.90.86
Net Tangible Assets3.8M4.2M3.9M2.9M2.6M3.2M
Deferred Long Term Liab918K883K821K726K653.4K818.2K
Net Invested Capital4.2M3.9M2.9M2.3M1.3M2.5M
Net Working Capital3.1M2.9M2.0M1.3M868K1.7M

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