Biome Total Current Assets vs Common Stock Total Equity Analysis

BIOM Stock   1.50  2.25  60.00%   
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 Total Current Assets and its Common Stock Total Equity 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.

Total Current Assets vs Common Stock Total Equity

Total Current Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biome Technologies Plc Total Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Biome Technologies' Total Current Assets and Common Stock Total Equity is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity 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' Total Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Biome Technologies Plc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., Biome Technologies' Total Current Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 2025. Tax Provision is likely to drop to about (24.1 K) in 2025
 2022 2023 2024 2025 (projected)
Gross Profit2.0M2.3M2.0M2.1M
Total Revenue6.2M7.0M8.0M6.2M

Biome Technologies fundamental ratios Correlations

0.90.90.970.84-0.090.910.45-0.10.320.830.870.930.810.680.140.960.920.34-0.720.830.45-0.610.790.790.24
0.90.970.760.880.30.950.090.110.220.970.880.960.660.90.420.760.960.2-0.590.980.09-0.420.640.640.25
0.90.970.760.860.290.930.080.010.190.930.930.970.630.880.330.770.960.39-0.560.960.08-0.460.620.620.18
0.970.760.760.73-0.30.80.61-0.230.330.670.780.830.810.48-0.050.980.820.33-0.720.670.61-0.70.810.810.2
0.840.880.860.730.340.960.030.140.220.890.830.90.620.780.520.710.890.04-0.550.880.03-0.170.590.590.2
-0.090.30.29-0.30.340.28-0.920.31-0.270.390.260.24-0.310.490.64-0.350.26-0.280.30.4-0.920.4-0.32-0.32-0.12
0.910.950.930.80.960.280.110.030.140.950.870.970.730.830.440.780.970.1-0.670.940.11-0.350.720.720.12
0.450.090.080.610.03-0.920.11-0.230.350.00.060.120.63-0.14-0.440.670.10.31-0.6-0.021.0-0.510.630.630.23
-0.10.110.01-0.230.140.310.03-0.230.480.16-0.03-0.11-0.10.350.76-0.14-0.12-0.140.080.19-0.230.47-0.19-0.190.77
0.320.220.190.330.22-0.270.140.350.480.070.240.110.130.090.140.40.070.37-0.060.220.35-0.140.060.060.82
0.830.970.930.670.890.390.950.00.160.070.830.930.660.940.530.670.930.09-0.620.970.0-0.280.640.640.17
0.870.880.930.780.830.260.870.06-0.030.240.830.940.520.740.270.740.920.37-0.420.870.06-0.550.510.510.17
0.930.960.970.830.90.240.970.12-0.110.110.930.940.680.810.280.81.00.25-0.610.930.12-0.510.680.680.06
0.810.660.630.810.62-0.310.730.63-0.10.130.660.520.680.490.140.840.680.1-0.990.620.63-0.480.990.990.09
0.680.90.880.480.780.490.83-0.140.350.090.940.740.810.490.610.520.80.19-0.460.92-0.14-0.130.460.460.33
0.140.420.33-0.050.520.640.44-0.440.760.140.530.270.280.140.61-0.030.29-0.37-0.170.53-0.440.450.080.080.36
0.960.760.770.980.71-0.350.780.67-0.140.40.670.740.80.840.52-0.030.780.41-0.760.680.67-0.650.830.830.29
0.920.960.960.820.890.260.970.1-0.120.070.930.921.00.680.80.290.780.19-0.610.920.1-0.510.680.680.03
0.340.20.390.330.04-0.280.10.31-0.140.370.090.370.250.10.19-0.370.410.19-0.040.180.31-0.410.10.10.28
-0.72-0.59-0.56-0.72-0.550.3-0.67-0.60.08-0.06-0.62-0.42-0.61-0.99-0.46-0.17-0.76-0.61-0.04-0.56-0.60.4-0.99-0.99-0.04
0.830.980.960.670.880.40.94-0.020.190.220.970.870.930.620.920.530.680.920.18-0.56-0.02-0.320.590.590.24
0.450.090.080.610.03-0.920.111.0-0.230.350.00.060.120.63-0.14-0.440.670.10.31-0.6-0.02-0.510.630.630.23
-0.61-0.42-0.46-0.7-0.170.4-0.35-0.510.47-0.14-0.28-0.55-0.51-0.48-0.130.45-0.65-0.51-0.410.4-0.32-0.51-0.51-0.510.03
0.790.640.620.810.59-0.320.720.63-0.190.060.640.510.680.990.460.080.830.680.1-0.990.590.63-0.511.00.0
0.790.640.620.810.59-0.320.720.63-0.190.060.640.510.680.990.460.080.830.680.1-0.990.590.63-0.511.00.0
0.240.250.180.20.2-0.120.120.230.770.820.170.170.060.090.330.360.290.030.28-0.040.240.230.030.00.0
Click cells to compare fundamentals

Biome Technologies Account Relationship Matchups

Biome Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.5M4.6M3.6M3.8M3.5M3.3M
Short Long Term Debt Total438K401K409K859K773.1K734.4K
Total Current Liabilities1.1M1.3M988K1.8M1.6M1.5M
Total Stockholder Equity4.0M2.9M2.3M752K864.8K821.6K
Property Plant And Equipment Net574K502K498K418K376.2K357.4K
Net Debt(1.2M)(595K)(370K)260K234K222.3K
Non Current Assets Total1.4M1.2M1.3M1.2M1.1M1.0M
Cash And Short Term Investments1.7M996K779K599K688.9K654.4K
Common Stock Shares Outstanding2.5M3.0M3.7M3.8M4.3M4.6M
Liabilities And Stockholders Equity5.5M4.6M3.6M3.8M3.5M3.3M
Non Current Liabilities Total400.0K361K354K1.3M1.2M1.7M
Inventory746K920K736K631K567.9K539.5K
Other Current Assets553.0K246.0K310K355K319.5K303.5K
Other Stockholder Equity2.2M2.2M2.2M2.3M2.6M2.5M
Total Liab1.5M1.7M1.3M3.1M2.8M4.3M
Property Plant And Equipment Gross574K1.7M1.8M1.8M1.6M1.8M
Total Current Assets4.1M3.4M2.3M2.6M2.4M2.2M
Short Term Debt38K40K55K60K54K51.3K
Other Current Liab501K517K323K395K454.3K431.5K
Retained Earnings1.1M79K(181K)(1.8M)(1.6M)(1.7M)
Accounts Payable520K762K554K1.2M1.1M827.3K
Cash1.7M996K779K599K688.9K654.4K
Non Currrent Assets Other(918K)1.5M(1.0)788K709.2K744.7K
Common Stock118K140K186K189K170.1K161.6K
Accumulated Other Comprehensive Income536K406K23.0K75.0K86.2K90.6K
Net Receivables1.1M1.5M436K1.0M939.6K1.3M
Property Plant Equipment185K653K574K502K451.8K429.2K
Intangible Assets821K726K841K788K709.2K1.1M
Current Deferred Revenue(556K)(536K)(379K)(496K)(446.4K)(468.7K)
Net Tangible Assets3.8M4.2M3.9M2.9M2.6M3.2M
Deferred Long Term Liab918K883K821K726K653.4K818.2K
Net Invested Capital3.9M2.9M2.3M1.3M1.1M1.1M
Net Working Capital2.9M2.0M1.3M868K781.2K742.1K

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