Beyond Operating Income vs Selling General Administrative Analysis
DOCKF Stock | USD 0.02 0 22.70% |
Beyond Medical financial indicator trend analysis is way more than just evaluating Beyond Medical Techn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Medical Techn is a good investment. Please check the relationship between Beyond Medical Operating Income and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Beyond Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Operating Income vs Selling General Administrative
Operating Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Medical Techn Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Beyond Medical's Operating Income and Selling General Administrative is -0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Beyond Medical Technologies, assuming nothing else is changed. The correlation between historical values of Beyond Medical's Operating Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Beyond Medical Technologies are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Beyond Medical's Operating Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Beyond Medical Techn operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Beyond Medical Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Selling General Administrative
Most indicators from Beyond Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Medical Techn 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Beyond Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. The current Discontinued Operations is estimated to decrease to about 122.5 K. The current Selling General Administrative is estimated to decrease to about 178.9 K
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 173.1K | 63.6K | 73.2K | 96.7K | Total Operating Expenses | 3.0M | 836.9K | 548.5K | 521.1K |
Beyond Medical fundamental ratios Correlations
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Beyond Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beyond Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 146.8K | 274.3K | 413.3K | 346.9K | 430.4K | 332.3K | |
Net Tangible Assets | 8.2M | 3.5M | 1.5M | 1.5M | 1.4M | 2.7M | |
Retained Earnings | (16.7M) | (22.3M) | (25.3M) | (25.6M) | (26.1M) | (27.4M) | |
Accounts Payable | 59.1K | 186.8K | 174.6K | 86.8K | 104.1K | 139.6K | |
Net Receivables | 62.4K | 166.2K | 115.7K | 38.6K | 2.9K | 0.0 | |
Total Current Assets | 3.4M | 1.2M | 1.8M | 579.3K | 95.6K | 90.9K | |
Common Stock | 18.0M | 18.5M | 20.8M | 23.6M | 27.1M | 17.0M | |
Property Plant Equipment | 1.6M | 409.2K | 612.4K | 114.5K | 131.6K | 125.1K | |
Total Assets | 3.8M | 1.8M | 2.0M | 608.2K | 95.6K | 90.9K | |
Total Stockholder Equity | 3.5M | 1.5M | 1.5M | 261.2K | (334.7K) | (318.0K) | |
Cash | 2.8M | 624.2K | 1.4M | 536.8K | 64.1K | 60.9K | |
Non Current Assets Total | 2.1M | 416.7K | 649.2K | 144.9K | 28.9K | 0.0 | |
Other Assets | 489.9K | 7.5K | 36.9K | 30.5K | 27.4K | 26.1K | |
Common Stock Shares Outstanding | 39.5M | 56.0M | 79.1M | 7.9M | 7.1M | 6.8M | |
Other Current Assets | 5.0K | 2.8K | 30.1K | 1.3K | 1.2K | 1.1K | |
Other Stockholder Equity | 1.8M | 1.8M | 3.0M | 3.2M | 3.7M | 2.7M | |
Total Liab | 305.7K | 361.9K | 413.3K | 346.9K | 430.4K | 355.3K | |
Net Invested Capital | 3.5M | 1.5M | 1.5M | 261.2K | (304.7K) | (289.5K) | |
Net Working Capital | 3.3M | 920.4K | 1.4M | 232.4K | (334.7K) | (318.0K) |
Currently Active Assets on Macroaxis
When determining whether Beyond Medical Techn is a strong investment it is important to analyze Beyond Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Beyond Medical's future performance. For an informed investment choice regarding Beyond Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Beyond Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Industrial Machinery & Supplies & Components 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 Beyond Medical. If investors know Beyond 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 Beyond Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share (0) | Quarterly Revenue Growth (0.92) | Return On Assets (2.19) | Return On Equity (1.89) |
The market value of Beyond Medical Techn is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Medical's value that differs from its market value or its book value, called intrinsic value, which is Beyond Medical'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 Beyond Medical's market value can be influenced by many factors that don't directly affect Beyond Medical'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 Beyond Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Medical'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.