Bioventix Inventory vs Non Current Liabilities Total Analysis

BVXP Stock

3,750 40.00 1.08%

Bioventix financial indicator trend analysis is way more than just evaluating Bioventix prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bioventix is a good investment. Please check the relationship between Bioventix Inventory and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioventix. 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.

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bioventix Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.

The correlation between Bioventix's Inventory and Non Current Liabilities Total is 0.31. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Bioventix, assuming nothing else is changed. The correlation between historical values of Bioventix's Inventory and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Bioventix are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Bioventix's Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Inventory

Non Current Liabilities Total

Most indicators from Bioventix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bioventix 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 Bioventix. 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.

Issuance Of Capital Stock is likely to gain to about 172.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	10.9M	11.9M	12.6M	7.6M
Total Revenue	11.7M	12.8M	13.6M	8.3M

Gross Profit Total Revenue

Bioventix fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Preferred Stock Total Equity	Intangible Assets	Common Stock	Property Plant Equipment	Total Stockholder Equity	Retained Earnings	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.92	0.65	0.54	0.94	-0.07	0.27	0.65	0.81	0.53	-0.07	-0.8	0.64	0.72	1.0	0.98	0.61	-0.91	0.81	0.93	0.47	0.49	0.64	0.67	0.56	0.99
Other Current Liab	0.92		0.75	0.67	0.76	-0.16	0.36	0.77	0.85	0.72	-0.16	-0.57	0.47	0.83	0.9	0.85	0.65	-0.77	0.88	0.77	0.56	0.52	0.58	0.83	0.74	0.92
Total Current Liabilities	0.65	0.75		0.86	0.48	-0.71	0.82	0.96	0.94	0.73	-0.71	-0.5	0.4	0.68	0.64	0.6	0.45	-0.6	0.62	0.55	0.83	0.85	0.42	0.88	0.9	0.73
Accounts Payable	0.54	0.67	0.86		0.37	-0.64	0.71	0.82	0.81	0.66	-0.64	-0.37	0.3	0.81	0.53	0.46	0.67	-0.48	0.69	0.44	0.76	0.73	0.6	0.9	0.93	0.6
Cash	0.94	0.76	0.48	0.37		0.01	0.13	0.46	0.67	0.28	0.01	-0.84	0.67	0.54	0.96	0.98	0.56	-0.96	0.7	0.98	0.31	0.43	0.64	0.49	0.33	0.92
Long Term Debt	-0.07	-0.16	-0.71	-0.64	0.01		-0.94	-0.69	-0.59	-0.32	1.0	0.1	-0.05	-0.21	-0.09	-0.07	-0.04	0.2	-0.09	-0.12	-0.77	-0.82	-0.01	-0.59	-0.61	-0.2
Net Receivables	0.27	0.36	0.82	0.71	0.13	-0.94		0.8	0.71	0.52	-0.94	-0.2	0.18	0.39	0.27	0.24	0.06	-0.3	0.19	0.24	0.93	0.78	0.04	0.69	0.7	0.38
Inventory	0.65	0.77	0.96	0.82	0.46	-0.69	0.8		0.95	0.69	-0.69	-0.5	0.39	0.65	0.65	0.6	0.39	-0.57	0.59	0.53	0.81	0.84	0.31	0.89	0.9	0.73
Other Current Assets	0.81	0.85	0.94	0.81	0.67	-0.59	0.71	0.95		0.64	-0.59	-0.66	0.5	0.7	0.81	0.78	0.53	-0.76	0.71	0.73	0.76	0.86	0.5	0.89	0.87	0.87
Total Liab	0.53	0.72	0.73	0.66	0.28	-0.32	0.52	0.69	0.64		-0.32	-0.14	-0.06	0.78	0.46	0.4	0.42	-0.36	0.62	0.36	0.68	0.41	0.36	0.74	0.75	0.59
Preferred Stock Total Equity	-0.07	-0.16	-0.71	-0.64	0.01	1.0	-0.94	-0.69	-0.59	-0.32		0.1	-0.05	-0.21	-0.09	-0.07	-0.04	0.2	-0.09	-0.12	-0.77	-0.82	-0.01	-0.59	-0.61	-0.2
Intangible Assets	-0.8	-0.57	-0.5	-0.37	-0.84	0.1	-0.2	-0.5	-0.66	-0.14	0.1		-0.75	-0.34	-0.83	-0.86	-0.38	0.81	-0.47	-0.81	-0.28	-0.51	-0.52	-0.38	-0.33	-0.79
Common Stock	0.64	0.47	0.4	0.3	0.67	-0.05	0.18	0.39	0.5	-0.06	-0.05	-0.75		0.25	0.67	0.69	0.2	-0.54	0.29	0.55	0.29	0.25	0.3	0.26	0.24	0.56
Property Plant Equipment	0.72	0.83	0.68	0.81	0.54	-0.21	0.39	0.65	0.7	0.78	-0.21	-0.34	0.25		0.68	0.61	0.8	-0.56	0.88	0.57	0.6	0.42	0.72	0.85	0.82	0.72
Total Stockholder Equity	1.0	0.9	0.64	0.53	0.96	-0.09	0.27	0.65	0.81	0.46	-0.09	-0.83	0.67	0.68		0.99	0.6	-0.94	0.79	0.95	0.45	0.52	0.64	0.66	0.54	0.98
Retained Earnings	0.98	0.85	0.6	0.46	0.98	-0.07	0.24	0.6	0.78	0.4	-0.07	-0.86	0.69	0.61	0.99		0.56	-0.95	0.74	0.96	0.41	0.51	0.61	0.59	0.47	0.97
Property Plant And Equipment Net	0.61	0.65	0.45	0.67	0.56	-0.04	0.06	0.39	0.53	0.42	-0.04	-0.38	0.2	0.8	0.6	0.56		-0.6	0.92	0.6	0.16	0.42	0.94	0.67	0.62	0.6
Net Debt	-0.91	-0.77	-0.6	-0.48	-0.96	0.2	-0.3	-0.57	-0.76	-0.36	0.2	0.81	-0.54	-0.56	-0.94	-0.95	-0.6		-0.74	-1.0	-0.41	-0.62	-0.66	-0.62	-0.44	-0.94
Non Current Assets Total	0.81	0.88	0.62	0.69	0.7	-0.09	0.19	0.59	0.71	0.62	-0.09	-0.47	0.29	0.88	0.79	0.74	0.92	-0.74		0.74	0.35	0.5	0.83	0.81	0.71	0.8
Cash And Short Term Investments	0.93	0.77	0.55	0.44	0.98	-0.12	0.24	0.53	0.73	0.36	-0.12	-0.81	0.55	0.57	0.95	0.96	0.6	-1.0	0.74		0.38	0.55	0.66	0.58	0.41	0.94
Common Stock Total Equity	0.47	0.56	0.83	0.76	0.31	-0.77	0.93	0.81	0.76	0.68	-0.77	-0.28	0.29	0.6	0.45	0.41	0.16	-0.41	0.35	0.38		0.66	0.16	0.76	0.74	0.55
Common Stock Shares Outstanding	0.49	0.52	0.85	0.73	0.43	-0.82	0.78	0.84	0.86	0.41	-0.82	-0.51	0.25	0.42	0.52	0.51	0.42	-0.62	0.5	0.55	0.66		0.39	0.77	0.75	0.61
Non Current Liabilities Total	0.64	0.58	0.42	0.6	0.64	-0.01	0.04	0.31	0.5	0.36	-0.01	-0.52	0.3	0.72	0.64	0.61	0.94	-0.66	0.83	0.66	0.16	0.39		0.55	0.51	0.62
Other Stockholder Equity	0.67	0.83	0.88	0.9	0.49	-0.59	0.69	0.89	0.89	0.74	-0.59	-0.38	0.26	0.85	0.66	0.59	0.67	-0.62	0.81	0.58	0.76	0.77	0.55		0.93	0.74
Property Plant And Equipment Gross	0.56	0.74	0.9	0.93	0.33	-0.61	0.7	0.9	0.87	0.75	-0.61	-0.33	0.24	0.82	0.54	0.47	0.62	-0.44	0.71	0.41	0.74	0.75	0.51	0.93		0.62
Total Current Assets	0.99	0.92	0.73	0.6	0.92	-0.2	0.38	0.73	0.87	0.59	-0.2	-0.79	0.56	0.72	0.98	0.97	0.6	-0.94	0.8	0.94	0.55	0.61	0.62	0.74	0.62

Click cells to compare fundamentals

Bioventix Account Relationship Matchups

Bioventix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.3M	12.9M	13.1M	13.3M	13.7M	8.2M
Other Current Liab	311.1K	315.9K	385.8K	412.7K	375.1K	201.8K
Total Current Liabilities	728.6K	1.0M	1.3M	1.2M	1.7M	1.8M
Accounts Payable	96.1K	150.9K	157.3K	77.7K	170.0K	178.5K
Cash	8.1M	6.5M	6.1M	5.7M	6.0M	4.3M
Net Receivables	639.0K	638.1K	754.0K	1.2M	6.2M	6.5M
Inventory	245.4K	332.5K	461.8K	565.4K	615.3K	646.1K
Other Current Assets	3.0M	4.0M	4.5M	4.6M	5.3M	5.6M
Total Liab	778.9K	1.1M	1.3M	1.2M	1.7M	881.9K
Common Stock	257.1K	260.4K	260.5K	261.0K	300.1K	223.0K
Property Plant Equipment	514.8K	718.5K	843.7K	694.4K	798.5K	569.3K
Total Stockholder Equity	12.5M	11.8M	11.8M	12.1M	12.0M	8.1M
Retained Earnings	10.9M	10.2M	10.2M	10.3M	10.3M	7.3M
Property Plant And Equipment Net	718.5K	843.7K	694.4K	575.7K	478.0K	587.5K
Net Debt	(8.1M)	(6.5M)	(6.1M)	(5.7M)	(6.0M)	(6.3M)
Non Current Assets Total	1.3M	1.5M	1.3M	1.2M	904.7K	892.0K
Cash And Short Term Investments	8.1M	6.5M	6.1M	5.7M	6.0M	5.6M
Common Stock Shares Outstanding	5.2M	5.3M	5.3M	5.3M	5.3M	5.7M
Liabilities And Stockholders Equity	13.3M	12.9M	13.1M	13.3M	13.7M	10.4M
Non Current Liabilities Total	50.2K	78.1K	44.3K	18.2K	21.0K	29.6K
Other Stockholder Equity	435.9K	1.3M	1.3M	1.5M	1.7M	1.8M
Property Plant And Equipment Gross	718.5K	1.6M	1.4M	1.4M	1.6M	1.7M
Total Current Assets	12.0M	11.5M	11.8M	12.1M	12.8M	9.5M
Non Currrent Assets Other	(1.3M)	(1.5M)	(1.3M)	(1.2M)	(1.1M)	(1.1M)
Net Tangible Assets	10.8M	12.5M	11.8M	11.8M	13.6M	10.8M
Other Liab	30.9K	50.2K	78.1K	44.3K	50.9K	39.1K
Net Invested Capital	12.5M	11.8M	11.8M	12.1M	13.9M	12.6M
Net Working Capital	11.2M	10.4M	10.6M	10.9M	12.5M	11.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Additional Tools for Bioventix Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Bioventix Inventory vs Non Current Liabilities Total Analysis

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Inventory

Non Current Liabilities Total

Bioventix fundamental ratios Correlations

Bioventix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bioventix fundamental ratios Accounts

Also Currently Popular

Additional Tools for Bioventix Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Preferred Stock Total Equity	+ 1.0	Long Term Debt
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Cash

Cash And Short Term Investments	- 1.0	Net Debt
Net Debt	- 0.96	Cash
Net Debt	- 0.95	Retained Earnings
Total Current Assets	- 0.94	Net Debt
Net Debt	- 0.94	Total Stockholder Equity
Preferred Stock Total Equity	- 0.94	Net Receivables