Bionomics Good Will vs Short Term Debt Analysis

BNOX Stock  USD 0.28  0.01  3.45%   
Bionomics financial indicator trend analysis is way more than just evaluating Bionomics ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bionomics ADR is a good investment. Please check the relationship between Bionomics Good Will and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bionomics Ltd ADR. 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.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bionomics ADR Good Will account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bionomics' Good Will and Short Term Debt is 0.44. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Bionomics Ltd ADR, assuming nothing else is changed. The correlation between historical values of Bionomics' Good Will and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Bionomics Ltd ADR are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., Bionomics' Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Debt

Most indicators from Bionomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bionomics ADR 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 Bionomics Ltd ADR. 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.
At this time, Bionomics' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 17 M in 2024, whereas Tax Provision is likely to drop (91.7 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense26.9K21.3K20K19K
Depreciation And Amortization804.5K778.2K434.4K412.7K

Bionomics fundamental ratios Correlations

0.520.750.75-0.47-0.010.630.80.8-0.160.750.80.730.970.40.250.580.660.90.370.230.870.270.630.84-0.2
0.520.81-0.130.260.180.240.450.46-0.420.670.760.930.450.88-0.230.850.890.57-0.20.340.44-0.380.490.54-0.57
0.750.810.20.140.110.610.440.44-0.360.840.90.940.660.8-0.060.730.870.810.190.20.750.00.540.72-0.16
0.75-0.130.2-0.8-0.080.450.650.650.060.290.340.10.79-0.190.410.030.110.580.510.150.630.550.350.490.08
-0.470.260.14-0.80.18-0.25-0.74-0.74-0.26-0.02-0.010.12-0.580.38-0.440.050.06-0.2-0.040.06-0.23-0.42-0.1-0.2-0.07
-0.010.180.11-0.080.180.0-0.06-0.06-0.92-0.010.360.070.080.16-0.940.070.28-0.180.160.710.040.12-0.54-0.250.09
0.630.240.610.45-0.250.00.40.41-0.110.730.590.480.570.140.140.240.510.650.22-0.040.730.130.220.580.42
0.80.450.440.65-0.74-0.060.41.0-0.040.490.530.530.850.250.250.540.560.58-0.110.160.510.120.430.56-0.33
0.80.460.440.65-0.74-0.060.411.0-0.040.50.530.530.850.260.250.540.570.59-0.110.160.520.130.430.56-0.32
-0.16-0.42-0.360.06-0.26-0.92-0.11-0.04-0.04-0.16-0.57-0.3-0.19-0.420.86-0.29-0.49-0.07-0.12-0.77-0.240.040.290.040.08
0.750.670.840.29-0.02-0.010.730.490.5-0.160.710.830.650.520.090.510.840.830.170.070.760.050.60.74-0.02
0.80.760.90.34-0.010.360.590.530.53-0.570.710.860.750.67-0.230.70.810.760.260.440.80.070.360.71-0.23
0.730.930.940.10.120.070.480.530.53-0.30.830.860.650.8-0.050.850.890.760.040.180.66-0.160.590.76-0.39
0.970.450.660.79-0.580.080.570.850.85-0.190.650.750.650.290.170.550.60.770.390.240.760.360.510.73-0.17
0.40.880.8-0.190.380.160.140.250.26-0.420.520.670.80.29-0.230.750.790.51-0.170.320.4-0.330.440.43-0.46
0.25-0.23-0.060.41-0.44-0.940.140.250.250.860.09-0.23-0.050.17-0.23-0.09-0.240.350.03-0.580.170.070.590.37-0.04
0.580.850.730.030.050.070.240.540.54-0.290.510.70.850.550.75-0.090.670.55-0.10.190.44-0.370.470.62-0.56
0.660.890.870.110.060.280.510.560.57-0.490.840.810.890.60.79-0.240.670.68-0.080.40.6-0.110.440.54-0.27
0.90.570.810.58-0.2-0.180.650.580.59-0.070.830.760.760.770.510.350.550.680.30.150.940.080.760.91-0.19
0.37-0.20.190.51-0.040.160.22-0.11-0.11-0.120.170.260.040.39-0.170.03-0.1-0.080.30.150.370.580.220.260.23
0.230.340.20.150.060.71-0.040.160.16-0.770.070.440.180.240.32-0.580.190.40.150.150.23-0.07-0.02-0.01-0.4
0.870.440.750.63-0.230.040.730.510.52-0.240.760.80.660.760.40.170.440.60.940.370.230.180.50.87-0.01
0.27-0.380.00.55-0.420.120.130.120.130.040.050.07-0.160.36-0.330.07-0.37-0.110.080.58-0.070.18-0.070.030.45
0.630.490.540.35-0.1-0.540.220.430.430.290.60.360.590.510.440.590.470.440.760.22-0.020.5-0.070.68-0.5
0.840.540.720.49-0.2-0.250.580.560.560.040.740.710.760.730.430.370.620.540.910.26-0.010.870.030.68-0.26
-0.2-0.57-0.160.08-0.070.090.42-0.33-0.320.08-0.02-0.23-0.39-0.17-0.46-0.04-0.56-0.27-0.190.23-0.4-0.010.45-0.5-0.26
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Bionomics Account Relationship Matchups

Bionomics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.8M40.7M45.1M28.6M27.6M35.9M
Short Long Term Debt Total8.4M651.5K477.0K355.2K239.6K227.6K
Total Current Liabilities5.7M1.8M2.3M2.8M3.8M4.9M
Total Stockholder Equity8.8M35.7M39.3M22.1M17.5M22.6M
Net Debt5.3M(20.7M)(22.7M)(11.8M)(12.4M)(13.0M)
Retained Earnings(102.8M)(115.5M)(119.7M)(136.4M)(178.0M)(169.1M)
Accounts Payable870.6K772.9K1.1M1.4M2.2M1.6M
Cash3.2M21.4M23.2M12.2M12.6M14.2M
Cash And Short Term Investments3.2M21.4M23.2M12.2M12.6M14.2M
Common Stock Shares Outstanding3.0M4.3M7.5M8.2M10.0M10.5M
Liabilities And Stockholders Equity23.7M40.7M44.9M28.6M27.6M35.9M
Non Current Liabilities Total4.3M3.2M3.5M3.8M6.3M6.0M
Other Current Assets2.6M974.1K1.0M797.5K458.8K435.8K
Total Liab15.0M5.0M5.8M6.6M10.2M13.3M
Total Current Assets5.8M23.2M28.9M13.4M13.2M19.7M
Short Term Debt4.1M130.9K110.1K113.9K155.1K147.4K
Common Stock102.2M142.6M150.3M148.8M171.1M179.7M
Other Current Liab4.8M866.2K1.1M1.2M1.4M2.5M
Property Plant And Equipment Net728.1K653.1K465.7K334.5K219.0K208.0K
Non Current Assets Total17.7M17.4M16.1M15.2M14.5M16.8M
Net Receivables12.1K849.9K4.7M426.1K84.7K80.5K
Inventory1.131.0(4.7M)(427.8K)(458.3M)(435.4M)
Intangible Assets8.1M7.5M6.8M6.1M5.5M7.1M
Current Deferred Revenue(4.1M)(130.8K)(110.1K)(114.4K)(33.1K)(34.8K)
Good Will8.9M9.3M8.9M8.7M8.7M7.6M
Accumulated Other Comprehensive Income9.2M8.6M8.6M9.7M(3.0M)(2.9M)
Non Currrent Assets Other(17.7M)(17.4M)(16.1M)(15.2M)26.2K27.5K
Other Assets301.0K89.2K82.2K79.3K91.2K152.0K
Other Stockholder Equity21.9K(32.5K)(31.4K)1.0198.5M208.4M
Other Liab7.2M3.6M4.5M5.4M4.8M7.1M
Net Tangible Assets(12.0M)25.3M34.2M10.9M12.5M7.4M
Net Invested Capital24.1M47.6M56.9M33.1M17.5M28.9M
Non Current Liabilities Other5.0M1.8M2.7M3.7M590.6K561.1K
Net Working Capital60.8K28.6M38.5M16.0M9.4M8.9M
Property Plant Equipment1.1M870.9K674.5K502.3K452.0K429.4K

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