Biovie Net Income vs Sale Purchase Of Stock Analysis

BIVI Stock  USD 2.71  0.11  3.90%   
Biovie financial indicator trend analysis is way more than just evaluating Biovie Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biovie Inc is a good investment. Please check the relationship between Biovie Net Income and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biovie Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Net Income vs Sale Purchase Of Stock

Net Income vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biovie Inc Net Income account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Biovie's Net Income and Sale Purchase Of Stock is -0.58. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Biovie Inc, assuming nothing else is changed. The correlation between historical values of Biovie's Net Income and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Biovie Inc are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., Biovie's Net Income and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Biovie Inc financial statement analysis. It represents the amount of money remaining after all of Biovie Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Sale Purchase Of Stock

Most indicators from Biovie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biovie Inc 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 Biovie Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
As of now, Biovie's Selling General Administrative is increasing as compared to previous years. The Biovie's current Issuance Of Capital Stock is estimated to increase to about 66.9 M, while Enterprise Value Over EBITDA is forecasted to increase to (0.03).
 2021 2022 2024 (projected)
Interest Expense2.2M4.3M1.5M
Depreciation And Amortization237.4K266.8K193.4K

Biovie fundamental ratios Correlations

0.450.73-0.79-0.920.510.951.0-0.330.520.930.611.0-0.230.040.730.680.12-0.070.520.33-0.120.78-0.480.890.84
0.45-0.23-0.22-0.40.320.360.43-0.350.170.360.920.44-0.330.88-0.220.790.19-0.060.440.60.090.32-0.470.05-0.08
0.73-0.23-0.72-0.690.410.730.74-0.070.20.72-0.10.730.03-0.640.990.17-0.03-0.050.22-0.15-0.210.52-0.130.940.96
-0.79-0.22-0.720.87-0.85-0.91-0.790.31-0.17-0.89-0.28-0.790.180.16-0.76-0.68-0.020.09-0.41-0.310.24-0.50.32-0.87-0.82
-0.92-0.4-0.690.87-0.62-0.95-0.920.4-0.45-1.0-0.54-0.920.31-0.04-0.7-0.69-0.110.08-0.55-0.440.14-0.850.53-0.85-0.81
0.510.320.41-0.85-0.620.650.49-0.23-0.210.640.210.49-0.10.020.450.720.230.040.490.36-0.010.17-0.40.580.48
0.950.360.73-0.91-0.950.650.96-0.360.490.960.530.96-0.25-0.030.750.70.05-0.080.460.36-0.210.71-0.420.920.88
1.00.430.74-0.79-0.920.490.96-0.350.510.930.61.0-0.250.020.740.660.03-0.080.450.29-0.20.77-0.420.90.85
-0.33-0.35-0.070.310.4-0.23-0.36-0.35-0.18-0.39-0.39-0.340.99-0.27-0.1-0.150.160.020.00.20.24-0.34-0.05-0.21-0.17
0.520.170.2-0.17-0.45-0.210.490.51-0.180.430.550.51-0.190.130.170.180.10.010.290.320.030.66-0.350.320.4
0.930.360.72-0.89-1.00.640.960.93-0.390.430.50.93-0.29-0.010.730.670.1-0.080.530.4-0.150.83-0.510.870.84
0.610.92-0.1-0.28-0.540.210.530.6-0.390.550.50.6-0.370.79-0.090.760.2-0.040.490.630.070.55-0.540.20.12
1.00.440.73-0.79-0.920.490.961.0-0.340.510.930.6-0.250.030.740.660.04-0.080.450.3-0.20.77-0.430.890.85
-0.23-0.330.030.180.31-0.1-0.25-0.250.99-0.19-0.29-0.37-0.25-0.290.0-0.060.170.010.050.240.22-0.31-0.09-0.1-0.07
0.040.88-0.640.16-0.040.02-0.030.02-0.270.13-0.010.790.03-0.29-0.630.540.18-0.050.260.580.170.1-0.34-0.39-0.49
0.73-0.220.99-0.76-0.70.450.750.74-0.10.170.73-0.090.740.0-0.630.19-0.11-0.060.16-0.15-0.30.5-0.080.950.96
0.680.790.17-0.68-0.690.720.70.66-0.150.180.670.760.66-0.060.540.190.22-0.090.580.760.00.4-0.580.450.33
0.120.19-0.03-0.02-0.110.230.050.030.160.10.10.20.040.170.18-0.110.220.090.870.340.960.12-0.65-0.02-0.03
-0.07-0.06-0.050.090.080.04-0.08-0.080.020.01-0.08-0.04-0.080.01-0.05-0.06-0.090.090.08-0.110.1-0.06-0.46-0.05-0.05
0.520.440.22-0.41-0.550.490.460.450.00.290.530.490.450.050.260.160.580.870.080.590.730.49-0.860.330.29
0.330.6-0.15-0.31-0.440.360.360.290.20.320.40.630.30.240.58-0.150.760.34-0.110.590.210.4-0.660.070.02
-0.120.09-0.210.240.14-0.01-0.21-0.20.240.03-0.150.07-0.20.220.17-0.30.00.960.10.730.21-0.03-0.52-0.25-0.25
0.780.320.52-0.5-0.850.170.710.77-0.340.660.830.550.77-0.310.10.50.40.12-0.060.490.4-0.03-0.550.60.63
-0.48-0.47-0.130.320.53-0.4-0.42-0.42-0.05-0.35-0.51-0.54-0.43-0.09-0.34-0.08-0.58-0.65-0.46-0.86-0.66-0.52-0.55-0.26-0.22
0.890.050.94-0.87-0.850.580.920.9-0.210.320.870.20.89-0.1-0.390.950.45-0.02-0.050.330.07-0.250.6-0.260.98
0.84-0.080.96-0.82-0.810.480.880.85-0.170.40.840.120.85-0.07-0.490.960.33-0.03-0.050.290.02-0.250.63-0.220.98
Click cells to compare fundamentals

Biovie Account Relationship Matchups

Biovie fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1M6.0M20.1M35.1M25.2M26.5M
Total Current Liabilities23.5M996.4K4.2M14.5M9.4M5.1M
Total Stockholder Equity(21.5M)5.1M3.7M15.3M15.5M16.3M
Net Debt873.8K(4.5M)(6.4M)(5.0M)(17.7M)(16.8M)
Retained Earnings(41.0M)(224.9M)(251.0M)(301.2M)(334.2M)(317.5M)
Accounts Payable1.3M996.4K2.4K3.5K3.6M3.8M
Cash37.2K4.5M18.6M19.5M23.8M25.0M
Cash And Short Term Investments37.2K4.5M18.6M33.9M23.8M25.0M
Common Stock Total Equity50.7K520.02.2K2.5K2.2K2.1K
Liabilities And Stockholders Equity2.1M6.0M20.1M35.1M25.2M26.5M
Non Current Liabilities Total62.5K0.012.3M5.3M349.9K332.4K
Other Stockholder Equity19.5M229.9M254.6M316.4M349.7M367.2M
Total Liab23.6M996.4K16.4M19.8M9.7M6.9M
Total Current Assets413.0K4.6M18.8M34.0M24.0M25.3M
Common Stock520.02.2K2.5K3.6K6.2K8.0K
Other Current Liab21.4M996.4K4.1M5.3M3.8K3.6K
Net Tangible Assets(23.2M)3.6M2.5M14.4M16.5M17.3M
Common Stock Shares Outstanding4.9M1.2M2.5M3.2M4.5M4.7M
Non Current Assets Total1.7M1.4M1.3M1.1M1.2M1.3M
Other Current Assets375.8K187.0K275.8K102.5K204.4K163.7K
Intangible Assets1.3M1.1M866.5K637.1K407.7K387.3K
Net Invested Capital(20.6M)5.1M15.8M29.7M34.1M35.8M
Net Working Capital(23.1M)3.6M14.6M19.5M22.5M23.6M
Capital Stock520.02.2K2.5K3.6K3.3K3.1K

Currently Active Assets on Macroaxis

When determining whether Biovie Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biovie's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biovie Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biovie Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biovie Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biovie. If investors know Biovie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biovie listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.08)
Return On Assets
(0.67)
Return On Equity
(2.08)
The market value of Biovie Inc is measured differently than its book value, which is the value of Biovie that is recorded on the company's balance sheet. Investors also form their own opinion of Biovie's value that differs from its market value or its book value, called intrinsic value, which is Biovie's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biovie's market value can be influenced by many factors that don't directly affect Biovie's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biovie's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biovie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biovie's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.