Brainsway Interest Coverage vs Pocfratio Analysis

BWAY Stock  USD 10.00  0.16  1.63%   
Brainsway financial indicator trend analysis is way more than just evaluating Brainsway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainsway is a good investment. Please check the relationship between Brainsway Interest Coverage and its Pocfratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Brainsway Stock please use our How to Invest in Brainsway guide.

Interest Coverage vs Pocfratio

Interest Coverage vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brainsway Interest Coverage account and Pocfratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brainsway's Interest Coverage and Pocfratio is -0.22. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Brainsway, assuming nothing else is changed. The correlation between historical values of Brainsway's Interest Coverage and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Brainsway are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Interest Coverage i.e., Brainsway's Interest Coverage and Pocfratio go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Pocfratio

Most indicators from Brainsway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainsway 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 Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Brainsway Stock please use our How to Invest in Brainsway guide.Selling General Administrative is likely to rise to about 9 M in 2024, whereas Tax Provision is likely to drop slightly above 275.8 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit23.1M20.0M23.1M15.6M
Total Revenue29.7M27.2M31.8M17.7M

Brainsway fundamental ratios Correlations

0.810.730.980.420.470.40.50.510.810.870.460.480.13-0.38-0.560.170.370.730.420.70.540.650.73-0.11-0.23
0.810.930.68-0.020.820.060.820.30.960.88-0.030.83-0.18-0.04-0.18-0.150.10.240.060.490.250.190.24-0.17-0.46
0.730.930.57-0.230.93-0.050.930.140.90.9-0.240.92-0.210.060.01-0.18-0.040.07-0.060.280.10.010.06-0.05-0.19
0.980.680.570.520.30.470.330.520.710.750.590.320.19-0.46-0.610.210.390.840.490.750.60.730.83-0.17-0.23
0.42-0.02-0.230.52-0.540.56-0.460.64-0.020.150.98-0.550.49-0.55-0.890.560.730.840.720.630.520.940.880.08-0.07
0.470.820.930.3-0.54-0.230.97-0.10.80.7-0.550.98-0.450.230.35-0.43-0.34-0.23-0.350.08-0.12-0.33-0.25-0.08-0.2
0.40.06-0.050.470.56-0.23-0.170.520.050.220.62-0.250.37-0.99-0.620.370.320.60.560.3-0.040.660.630.030.05
0.50.820.930.33-0.460.97-0.17-0.080.780.75-0.470.93-0.370.180.27-0.32-0.24-0.18-0.260.09-0.11-0.25-0.190.11-0.11
0.510.30.140.520.64-0.10.52-0.080.330.40.58-0.110.06-0.45-0.760.130.660.580.30.580.520.630.61-0.13-0.29
0.810.960.90.71-0.020.80.050.780.330.82-0.020.82-0.3-0.05-0.14-0.28-0.010.28-0.020.590.290.170.27-0.29-0.5
0.870.880.90.750.150.70.220.750.40.820.130.670.12-0.17-0.390.190.320.360.310.420.280.40.380.13-0.04
0.46-0.03-0.240.590.98-0.550.62-0.470.58-0.020.13-0.540.52-0.61-0.880.570.680.90.740.630.550.950.930.04-0.06
0.480.830.920.32-0.550.98-0.250.93-0.110.820.67-0.54-0.40.260.33-0.41-0.35-0.22-0.310.09-0.05-0.33-0.25-0.17-0.27
0.13-0.18-0.210.190.49-0.450.37-0.370.06-0.30.120.52-0.4-0.33-0.620.970.570.350.87-0.140.170.610.410.360.48
-0.38-0.040.06-0.46-0.550.23-0.990.18-0.45-0.05-0.17-0.610.26-0.330.55-0.31-0.23-0.59-0.52-0.310.1-0.63-0.620.03-0.02
-0.56-0.180.01-0.61-0.890.35-0.620.27-0.76-0.14-0.39-0.880.33-0.620.55-0.68-0.85-0.79-0.81-0.56-0.59-0.94-0.84-0.120.04
0.17-0.15-0.180.210.56-0.430.37-0.320.13-0.280.190.57-0.410.97-0.31-0.680.670.390.87-0.080.220.660.450.510.52
0.370.1-0.040.390.73-0.340.32-0.240.66-0.010.320.68-0.350.57-0.23-0.850.670.590.620.310.630.730.620.230.05
0.730.240.070.840.84-0.230.6-0.180.580.280.360.9-0.220.35-0.59-0.790.390.590.620.750.670.910.99-0.09-0.14
0.420.06-0.060.490.72-0.350.56-0.260.3-0.020.310.74-0.310.87-0.52-0.810.870.620.620.310.310.840.680.270.22
0.70.490.280.750.630.080.30.090.580.590.420.630.09-0.14-0.31-0.56-0.080.310.750.310.620.640.75-0.29-0.55
0.540.250.10.60.52-0.12-0.04-0.110.520.290.280.55-0.050.170.1-0.590.220.630.670.310.620.560.65-0.16-0.26
0.650.190.010.730.94-0.330.66-0.250.630.170.40.95-0.330.61-0.63-0.940.660.730.910.840.640.560.950.090.0
0.730.240.060.830.88-0.250.63-0.190.610.270.380.93-0.250.41-0.62-0.840.450.620.990.680.750.650.95-0.06-0.12
-0.11-0.17-0.05-0.170.08-0.080.030.11-0.13-0.290.130.04-0.170.360.03-0.120.510.23-0.090.27-0.29-0.160.09-0.060.68
-0.23-0.46-0.19-0.23-0.07-0.20.05-0.11-0.29-0.5-0.04-0.06-0.270.48-0.020.040.520.05-0.140.22-0.55-0.260.0-0.120.68
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Brainsway Account Relationship Matchups

Brainsway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.7M34.0M75.7M64.5M63.0M42.3M
Other Current Liab3.7M4.0M5.3M5.3M5.8M4.0M
Total Current Liabilities6.7M6.8M9.1M8.1M9.8M6.4M
Total Stockholder Equity24.2M19.6M57.3M45.4M41.6M25.5M
Other Liab7.1M7.3M9.3M10.7M12.3M6.9M
Accounts Payable1.3M781K1.1M1.1M758K720.1K
Cash21.7M17.0M16.9M47.6M10.5M16.5M
Other Assets168K163K954K1.0M1.00.95
Inventory306K442K200K3.8M3.7M3.9M
Other Current Assets672K1.5M1.8M1.8M2.0M1.2M
Total Liab14.5M14.4M18.4M19.1M21.4M15.9M
Property Plant Equipment9.7M9.6M9.3M5.3M4.8M9.3M
Property Plant And Equipment Net9.7M9.6M9.3M5.3M5.8M7.3M
Net Debt(21.3M)(16.5M)(16.2M)(47.1M)(10.0M)(10.6M)
Retained Earnings(71.9M)(77.3M)(83.8M)(97.1M)(101.3M)(96.2M)
Non Current Assets Total9.9M9.7M10.3M6.4M7.5M8.1M
Non Currrent Assets Other168K163K954K766K1.7M1.8M
Cash And Short Term Investments21.9M17.2M57.3M47.9M46.0M25.2M
Net Receivables6.0M5.6M6.3M4.8M3.8M3.8M
Common Stock Shares Outstanding10.3M11.2M15.6M15.4M16.6M11.5M
Other Stockholder Equity98.1M95.1M137.6M138.1M140.3M91.9M
Total Current Assets28.8M24.3M65.4M58.1M55.5M30.6M
Short Long Term Debt Total1.1M429K754K488K471K447.5K
Liabilities And Stockholders Equity38.7M34.0M75.7M64.5M63.0M40.6M
Short Term Debt414K429K500K234K232K220.4K
Current Deferred Revenue1.3M1.5M2.2M1.5M2.5M1.6M
Non Current Liabilities Total7.8M7.6M9.3M10.9M5.6M7.9M
Property Plant And Equipment Gross9.7M4.4M9.3M5.3M12.1M8.3M
Net Tangible Assets24.2M19.6M57.3M45.4M52.2M54.8M
Non Current Liabilities Other5.4M5.5M5.9M10.9M6.1M6.7M
Net Invested Capital24.2M19.6M57.3M45.4M41.6M33.5M
Net Working Capital22.1M17.5M56.4M49.9M45.7M32.8M

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