Biomx Short Term Debt vs Net Receivables Analysis
PHGE Stock | USD 0.54 0.05 10.20% |
Biomx financial indicator trend analysis is way more than just evaluating Biomx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biomx Inc is a good investment. Please check the relationship between Biomx Short Term Debt and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Short Term Debt vs Net Receivables
Short Term Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomx Inc Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Biomx's Short Term Debt and Net Receivables is 0.63. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Biomx Inc, assuming nothing else is changed. The correlation between historical values of Biomx's Short Term Debt and Net Receivables 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 Debt of Biomx Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Biomx's Short Term Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Net Receivables
Most indicators from Biomx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomx Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current year's Issuance Of Capital Stock is expected to grow to about 9.2 M, whereas Selling General Administrative is forecasted to decline to about 7.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 35.5M | 27.2M | 26.8M | 22.4M | Research Development | 22.7M | 16.2M | 19.0M | 14.7M |
Biomx fundamental ratios Correlations
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Biomx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biomx fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Long Term Debt Total | 1.2M | 5.9M | 20.0M | 19.4M | 15.1M | 9.8M | |
Other Liab | 585K | 701K | 215K | 2.2M | 2.5M | 2.6M | |
Net Tangible Assets | 42.8M | 84.5M | 57.5M | 46.0M | 52.9M | 53.3M | |
Retained Earnings | (42.2M) | (72.3M) | (108.5M) | (136.8M) | (163.0M) | (154.8M) | |
Non Currrent Assets Other | 70.9M | (70.9M) | 7.5M | (28.9M) | (26.0M) | (24.7M) | |
Net Receivables | 50K | 276K | (108K) | 567K | 574K | 602.7K | |
Common Stock Shares Outstanding | 5.6M | 2.3M | 2.6M | 3.0M | 5.1M | 3.4M | |
Net Invested Capital | 84.5M | 57.5M | 61.9M | 35.9M | 14.3M | 13.6M | |
Net Working Capital | 78.3M | 53.5M | 55.6M | 28.9M | 6.5M | 6.1M | |
Property Plant Equipment | 887K | 3.0M | 6.7M | 9.8M | 11.3M | 11.9M | |
Capital Lease Obligations | 1.2M | 5.9M | 5.6M | 4.5M | 3.9M | 3.9M | |
Property Plant And Equipment Gross | 3.0M | 6.7M | 9.8M | 8.7M | 10.9M | 7.3M | |
Non Current Liabilities Other | 585K | 701K | 215K | 188K | 155K | 147.3K |
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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.When determining whether Biomx Inc is a strong investment it is important to analyze Biomx'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 Biomx's future performance. For an informed investment choice regarding Biomx Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Biotechnology 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 Biomx. If investors know Biomx 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 Biomx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.26) | Return On Assets (0.33) | Return On Equity (1.21) |
The market value of Biomx Inc is measured differently than its book value, which is the value of Biomx that is recorded on the company's balance sheet. Investors also form their own opinion of Biomx's value that differs from its market value or its book value, called intrinsic value, which is Biomx'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 Biomx's market value can be influenced by many factors that don't directly affect Biomx'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 Biomx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomx'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.