Beyond Short Term Investments vs Property Plant And Equipment Gross Analysis

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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 Short Term Investments and its Property Plant And Equipment Gross 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.

Short Term Investments vs Property Plant And Equipment Gross

Short Term Investments vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Medical Techn Short Term Investments account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Beyond Medical's Short Term Investments and Property Plant And Equipment Gross is -0.83. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Gross 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 Short Term Investments and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Beyond Medical Technologies are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Investments i.e., Beyond Medical's Short Term Investments and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Beyond Medical balance sheet. It contains any investments Beyond Medical Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Beyond Medical Techn can easily liquidate in the marketplace.

Property Plant And Equipment Gross

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 Depreciation173.1K63.6K73.2K96.7K
Total Operating Expenses3.0M836.9K548.5K521.1K

Beyond Medical fundamental ratios Correlations

-0.710.230.33-0.67-0.76-0.34-0.35-0.060.51-0.050.06-0.210.16-0.10.250.38-0.110.01-0.05-0.030.170.19-0.26-0.180.12
-0.71-0.380.180.820.940.540.750.12-0.320.1-0.230.53-0.070.07-0.5-0.280.340.270.10.0-0.130.03-0.04-0.040.02
0.23-0.38-0.09-0.02-0.17-0.95-0.120.85-0.290.870.970.390.910.020.93-0.62-0.96-0.820.870.910.94-0.870.660.86-0.86
0.330.18-0.090.240.120.110.650.16-0.10.14-0.180.570.10.43-0.28-0.010.250.090.140.030.030.020.140.010.13
-0.670.82-0.020.240.880.230.860.46-0.690.430.090.770.150.23-0.29-0.630.08-0.010.430.350.1-0.360.370.39-0.33
-0.760.94-0.170.120.880.380.720.33-0.390.310.010.620.090.29-0.31-0.410.160.020.310.230.03-0.190.190.23-0.21
-0.340.54-0.950.110.230.380.29-0.70.17-0.72-0.89-0.2-0.820.06-0.940.540.950.8-0.72-0.78-0.860.79-0.55-0.730.77
-0.350.75-0.120.650.860.720.290.36-0.60.34-0.10.860.150.23-0.41-0.390.230.120.340.210.06-0.180.290.2-0.08
-0.060.120.850.160.460.33-0.70.36-0.471.00.890.770.920.210.66-0.81-0.79-0.741.00.990.91-0.910.710.91-0.91
0.51-0.32-0.29-0.1-0.69-0.390.17-0.6-0.47-0.47-0.26-0.63-0.280.02-0.070.640.250.23-0.47-0.41-0.260.57-0.74-0.580.35
-0.050.10.870.140.430.31-0.720.341.0-0.470.90.760.930.20.68-0.8-0.8-0.761.00.990.92-0.910.710.91-0.92
0.06-0.230.97-0.180.090.01-0.89-0.10.89-0.260.90.40.890.120.9-0.69-0.95-0.860.90.950.93-0.90.650.9-0.94
-0.210.530.390.570.770.62-0.20.860.77-0.630.760.40.620.250.1-0.65-0.28-0.320.760.660.55-0.590.580.6-0.51
0.16-0.070.910.10.150.09-0.820.150.92-0.280.930.890.62-0.020.82-0.61-0.88-0.730.930.930.99-0.810.570.78-0.81
-0.10.070.020.430.230.290.060.230.210.020.20.120.25-0.02-0.07-0.10.09-0.30.190.18-0.02-0.210.410.35-0.18
0.25-0.50.93-0.28-0.29-0.31-0.94-0.410.66-0.070.680.90.10.82-0.07-0.39-0.96-0.790.680.760.87-0.720.520.7-0.72
0.38-0.28-0.62-0.01-0.63-0.410.54-0.39-0.810.64-0.8-0.69-0.65-0.61-0.1-0.390.610.6-0.8-0.79-0.610.87-0.62-0.80.86
-0.110.34-0.960.250.080.160.950.23-0.790.25-0.8-0.95-0.28-0.880.09-0.960.610.86-0.8-0.86-0.920.86-0.6-0.80.84
0.010.27-0.820.09-0.010.020.80.12-0.740.23-0.76-0.86-0.32-0.73-0.3-0.790.60.86-0.76-0.8-0.760.88-0.68-0.810.85
-0.050.10.870.140.430.31-0.720.341.0-0.471.00.90.760.930.190.68-0.8-0.8-0.760.990.92-0.910.710.91-0.91
-0.030.00.910.030.350.23-0.780.210.99-0.410.990.950.660.930.180.76-0.79-0.86-0.80.990.93-0.930.70.93-0.95
0.17-0.130.940.030.10.03-0.860.060.91-0.260.920.930.550.99-0.020.87-0.61-0.92-0.760.920.93-0.820.580.8-0.83
0.190.03-0.870.02-0.36-0.190.79-0.18-0.910.57-0.91-0.9-0.59-0.81-0.21-0.720.870.860.88-0.91-0.93-0.82-0.83-0.960.93
-0.26-0.040.660.140.370.19-0.550.290.71-0.740.710.650.580.570.410.52-0.62-0.6-0.680.710.70.58-0.830.89-0.62
-0.18-0.040.860.010.390.23-0.730.20.91-0.580.910.90.60.780.350.7-0.8-0.8-0.810.910.930.8-0.960.89-0.89
0.120.02-0.860.13-0.33-0.210.77-0.08-0.910.35-0.92-0.94-0.51-0.81-0.18-0.720.860.840.85-0.91-0.95-0.830.93-0.62-0.89
Click cells to compare fundamentals

Beyond Medical Account Relationship Matchups

Beyond Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities146.8K274.3K413.3K346.9K430.4K332.3K
Net Tangible Assets8.2M3.5M1.5M1.5M1.4M2.7M
Retained Earnings(16.7M)(22.3M)(25.3M)(25.6M)(26.1M)(27.4M)
Accounts Payable59.1K186.8K174.6K86.8K104.1K139.6K
Net Receivables62.4K166.2K115.7K38.6K2.9K0.0
Total Current Assets3.4M1.2M1.8M579.3K95.6K90.9K
Common Stock18.0M18.5M20.8M23.6M27.1M17.0M
Property Plant Equipment1.6M409.2K612.4K114.5K131.6K125.1K
Total Assets3.8M1.8M2.0M608.2K95.6K90.9K
Total Stockholder Equity3.5M1.5M1.5M261.2K(334.7K)(318.0K)
Cash2.8M624.2K1.4M536.8K64.1K60.9K
Non Current Assets Total2.1M416.7K649.2K144.9K28.9K0.0
Other Assets489.9K7.5K36.9K30.5K27.4K26.1K
Common Stock Shares Outstanding39.5M56.0M79.1M7.9M7.1M6.8M
Other Current Assets5.0K2.8K30.1K1.3K1.2K1.1K
Other Stockholder Equity1.8M1.8M3.0M3.2M3.7M2.7M
Total Liab305.7K361.9K413.3K346.9K430.4K355.3K
Net Invested Capital3.5M1.5M1.5M261.2K(304.7K)(289.5K)
Net Working Capital3.3M920.4K1.4M232.4K(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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.