Biora Historical Balance Sheet

BIOR Stock  USD 1.95  0.02  1.04%   
Trend analysis of Biora Therapeutics balance sheet accounts such as Short Long Term Debt Total of 45.1 M, Other Current Liabilities of 35.5 M or Total Current Liabilities of 53.2 M provides information on Biora Therapeutics' total assets, liabilities, and equity, which is the actual value of Biora Therapeutics to its prevalent stockholders. By breaking down trends over time using Biora Therapeutics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Biora Therapeutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Biora Therapeutics is a good buy for the upcoming year.

Biora Therapeutics Inventory

2.23 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biora Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Biora Stock, please use our How to Invest in Biora Therapeutics guide.

About Biora Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Biora Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Biora Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Biora Therapeutics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Biora currently owns. An asset can also be divided into two categories, current and non-current.

Biora Therapeutics Balance Sheet Chart

At this time, Biora Therapeutics' Capital Stock is relatively stable compared to the past year. As of 12/01/2024, Non Current Liabilities Other is likely to grow to about 2.7 M, while Short and Long Term Debt Total is likely to drop slightly above 45.1 M.

Total Current Liabilities

Total Current Liabilities is an item on Biora Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Biora Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Biora Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Biora Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Biora Therapeutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Biora Therapeutics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Biora Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Biora Stock, please use our How to Invest in Biora Therapeutics guide.At this time, Biora Therapeutics' Capital Stock is relatively stable compared to the past year. As of 12/01/2024, Non Current Liabilities Other is likely to grow to about 2.7 M, while Short and Long Term Debt Total is likely to drop slightly above 45.1 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total126.4M127.8M47.4M45.1M
Total Assets108.8M53.5M31.2M29.7M

Biora Therapeutics balance sheet Correlations

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0.40.41-0.32-0.390.65-0.580.02-0.450.63-0.190.340.74-0.10.010.710.950.48-0.160.38-0.250.81-0.620.190.870.29
-0.350.41-0.43-0.820.55-0.78-0.62-0.90.47-0.83-0.310.19-0.720.790.480.5-0.17-0.57-0.530.640.67-0.75-0.410.780.85
0.61-0.32-0.430.550.060.370.780.77-0.740.70.760.20.7-0.360.03-0.430.370.810.45-0.59-0.470.230.74-0.4-0.7
0.56-0.39-0.820.55-0.590.950.680.85-0.790.920.360.120.7-0.57-0.39-0.540.520.350.6-0.73-0.730.730.37-0.71-0.89
0.260.650.550.06-0.59-0.750.16-0.390.52-0.280.470.430.07-0.010.930.680.140.150.020.030.77-0.630.470.80.28
0.29-0.58-0.780.370.95-0.750.470.74-0.780.780.07-0.130.54-0.47-0.54-0.680.30.150.36-0.48-0.820.840.13-0.82-0.78
0.860.02-0.620.780.680.160.470.79-0.490.90.890.40.97-0.790.28-0.130.630.710.74-0.85-0.270.380.93-0.26-0.88
0.53-0.45-0.90.770.85-0.390.740.79-0.710.920.56-0.040.81-0.69-0.36-0.590.290.770.61-0.73-0.740.660.61-0.75-0.91
-0.360.630.47-0.74-0.790.52-0.78-0.49-0.71-0.67-0.27-0.03-0.450.120.410.74-0.34-0.33-0.270.420.79-0.52-0.240.70.66
0.76-0.19-0.830.70.92-0.280.780.90.92-0.670.670.250.9-0.77-0.11-0.370.60.610.77-0.88-0.570.630.7-0.55-0.97
0.90.34-0.310.760.360.470.070.890.56-0.270.670.630.78-0.560.50.20.680.740.74-0.810.06-0.060.940.11-0.63
0.80.740.190.20.120.43-0.130.4-0.04-0.030.250.630.22-0.020.60.640.910.010.58-0.60.46-0.460.40.58-0.16
0.75-0.1-0.720.70.70.070.540.970.81-0.450.90.780.22-0.890.2-0.210.490.690.65-0.77-0.330.510.89-0.37-0.92
-0.540.010.79-0.36-0.57-0.01-0.47-0.79-0.690.12-0.77-0.56-0.02-0.89-0.110.1-0.28-0.57-0.610.660.24-0.58-0.730.350.79
0.440.710.480.03-0.390.93-0.540.28-0.360.41-0.110.50.60.2-0.110.710.39-0.010.13-0.10.75-0.510.50.790.12
0.240.950.5-0.43-0.540.68-0.68-0.13-0.590.74-0.370.20.64-0.210.10.710.34-0.270.13-0.060.94-0.750.070.920.39
0.920.48-0.170.370.520.140.30.630.29-0.340.60.680.910.49-0.280.390.340.120.73-0.80.11-0.080.510.21-0.52
0.47-0.16-0.570.810.350.150.150.710.77-0.330.610.740.010.69-0.57-0.01-0.270.120.52-0.58-0.340.210.78-0.36-0.61
0.840.38-0.530.450.60.020.360.740.61-0.270.770.740.580.65-0.610.130.130.730.52-0.95-0.190.270.65-0.07-0.61
-0.92-0.250.64-0.59-0.730.03-0.48-0.85-0.730.42-0.88-0.81-0.6-0.770.66-0.1-0.06-0.8-0.58-0.950.23-0.27-0.720.170.79
0.020.810.67-0.47-0.730.77-0.82-0.27-0.740.79-0.570.060.46-0.330.240.750.940.11-0.34-0.190.23-0.83-0.020.940.54
0.04-0.62-0.750.230.73-0.630.840.380.66-0.520.63-0.06-0.460.51-0.58-0.51-0.75-0.080.210.27-0.27-0.830.14-0.82-0.61
0.80.19-0.410.740.370.470.130.930.61-0.240.70.940.40.89-0.730.50.070.510.780.65-0.72-0.020.14-0.01-0.68
0.10.870.78-0.4-0.710.8-0.82-0.26-0.750.7-0.550.110.58-0.370.350.790.920.21-0.36-0.070.170.94-0.82-0.010.6
-0.690.290.85-0.7-0.890.28-0.78-0.88-0.910.66-0.97-0.63-0.16-0.920.790.120.39-0.52-0.61-0.610.790.54-0.61-0.680.6
Click cells to compare fundamentals

Biora Therapeutics Account Relationship Matchups

Biora Therapeutics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets101.7M154.4M108.8M53.5M31.2M29.7M
Short Long Term Debt Total73.4M162.3M126.4M127.8M47.4M45.1M
Other Current Liab6.0M54.6M52.6M18.8M56.7M35.5M
Total Current Liabilities100.3M72.7M61.6M23.3M63.0M53.2M
Total Stockholder Equity(83.9M)(107.0M)(85.0M)(102.3M)(101.4M)(106.5M)
Property Plant And Equipment Net15.9M17.8M4.0M3.1M2.8M2.6M
Current Deferred Revenue77.6M378K301K47K542K514.9K
Net Debt40.3M70.2M38.0M97.3M32.2M55.3M
Retained Earnings(348.5M)(541.3M)(788.7M)(826.8M)(951.0M)(998.5M)
Accounts Payable15.8M17.4M8.7M3.6M2.8M2.7M
Cash33.0M92.1M88.4M30.5M15.2M14.5M
Non Current Assets Total27.1M28.1M10.4M15.4M12.1M16.1M
Other Assets198K13.9M326K1.00.90.86
Long Term Debt72.0M161.7M126.4M127.8M43.7M80.3M
Cash And Short Term Investments33.0M92.1M88.4M30.5M15.2M14.5M
Net Receivables22.8M6.6M653K828K830K788.5K
Common Stock Shares Outstanding1.8M2.2M3.8M7.6M15.8M16.6M
Liabilities And Stockholders Equity101.7M154.4M108.8M53.5M31.2M29.7M
Non Current Liabilities Total85.3M188.8M132.2M132.5M69.7M125.3M
Capital Lease Obligations1.1M358K12K1.5M1.7M873.9K
Inventory10.9M12.2M2.1M2.6M2.3M2.2M
Other Current Assets1.4M15.4M9.4M6.8M3.0M2.9M
Other Stockholder Equity264.6M434.2M703.6M724.5M849.5M565.0M
Total Liab185.6M261.4M193.8M155.8M132.6M144.4M
Net Invested Capital(11.6M)55.0M41.4M25.5M(55.7M)(52.9M)
Short Long Term Debt241K271K12K2.0M2.3M2.4M
Total Current Assets74.6M126.3M98.4M38.1M19.1M18.1M
Capital Stock38K59K146K8K25K40.5K
Non Current Liabilities Other654K1.6M5.6M4.1M2.2M2.7M
Net Working Capital(25.7M)53.7M36.8M14.8M(43.9M)(41.7M)
Short Term Debt968K338K24K893K2.9M3.0M

Pair Trading with Biora Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Biora Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Biora Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Biora Stock

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Moving against Biora Stock

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The ability to find closely correlated positions to Biora Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biora Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Biora Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Biora Therapeutics to buy it.
The correlation of Biora Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Biora Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biora Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Biora Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Biora Stock Analysis

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