Biosyent Common Stock Shares Outstanding vs Net Receivables Analysis

RX Stock  CAD 11.52  0.18  1.54%   
Biosyent financial indicator trend analysis is way more than just evaluating Biosyent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biosyent is a good investment. Please check the relationship between Biosyent Common Stock Shares Outstanding and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biosyent. 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.

Common Stock Shares Outstanding vs Net Receivables

Common Stock Shares Outstanding vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biosyent Common Stock Shares Outstanding account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Biosyent's Common Stock Shares Outstanding and Net Receivables is 0.15. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Biosyent, assuming nothing else is changed. The correlation between historical values of Biosyent's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Biosyent 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 Common Stock Shares Outstanding i.e., Biosyent's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Receivables

Most indicators from Biosyent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biosyent 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 Biosyent. 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.
At this time, Biosyent's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 11.61 in 2024, whereas Selling General Administrative is likely to drop slightly above 6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue28.6M27.9M31.6M33.2M
Depreciation And Amortization457.1K451.0K455.3K478.1K

Biosyent fundamental ratios Correlations

-0.04-0.240.961.00.78-0.51.00.960.570.930.150.990.150.830.59-0.140.961.00.250.650.40.960.86-0.640.61
-0.040.41-0.1-0.03-0.08-0.41-0.09-0.090.37-0.190.130.020.94-0.260.07-0.5-0.1-0.02-0.950.140.33-0.07-0.270.450.12
-0.240.41-0.11-0.26-0.220.08-0.28-0.15-0.11-0.32-0.16-0.230.36-0.14-0.210.0-0.15-0.23-0.42-0.260.17-0.32-0.220.2-0.21
0.96-0.1-0.110.940.78-0.390.950.990.460.90.020.930.090.890.48-0.120.990.960.320.510.480.910.87-0.750.47
1.0-0.03-0.260.940.76-0.521.00.950.580.930.150.990.160.820.59-0.140.941.00.230.680.370.960.85-0.620.65
0.78-0.08-0.220.780.76-0.430.770.740.530.780.450.78-0.030.60.8-0.010.870.780.230.290.540.680.62-0.60.1
-0.5-0.410.08-0.39-0.52-0.43-0.49-0.32-0.99-0.31-0.2-0.61-0.380.02-0.560.42-0.41-0.520.37-0.66-0.61-0.350.0-0.16-0.48
1.0-0.09-0.280.951.00.77-0.490.960.560.930.130.990.110.830.59-0.110.951.00.290.660.360.960.87-0.650.63
0.96-0.09-0.150.990.950.74-0.320.960.40.910.020.930.120.920.44-0.070.970.960.320.520.370.950.92-0.760.52
0.570.37-0.110.460.580.53-0.990.560.40.390.240.680.340.060.63-0.390.50.59-0.310.650.650.420.080.070.46
0.93-0.19-0.320.90.930.78-0.310.930.910.390.240.880.020.880.55-0.020.920.910.370.540.320.880.87-0.670.52
0.150.13-0.160.020.150.45-0.20.130.020.240.240.160.07-0.040.72-0.090.130.13-0.180.18-0.120.040.010.250.06
0.990.02-0.230.930.990.78-0.610.990.930.680.880.160.180.740.64-0.180.940.990.170.70.450.930.79-0.570.64
0.150.940.360.090.16-0.03-0.380.110.120.340.020.070.180.00.04-0.580.060.16-0.870.230.270.15-0.040.290.27
0.83-0.26-0.140.890.820.60.020.830.920.060.88-0.040.740.00.260.030.860.820.470.320.140.870.95-0.840.38
0.590.07-0.210.480.590.8-0.560.590.440.630.550.720.640.040.26-0.140.590.590.020.350.290.450.35-0.20.22
-0.14-0.50.0-0.12-0.14-0.010.42-0.11-0.07-0.39-0.02-0.09-0.18-0.580.03-0.14-0.09-0.150.46-0.3-0.17-0.10.1-0.26-0.22
0.96-0.1-0.150.990.940.87-0.410.950.970.50.920.130.940.060.860.59-0.090.960.310.480.510.890.85-0.740.41
1.0-0.02-0.230.961.00.78-0.521.00.960.590.910.130.990.160.820.59-0.150.960.230.660.410.960.85-0.630.62
0.25-0.95-0.420.320.230.230.370.290.32-0.310.37-0.180.17-0.870.470.020.460.310.23-0.05-0.230.30.49-0.66-0.02
0.650.14-0.260.510.680.29-0.660.660.520.650.540.180.70.230.320.35-0.30.480.66-0.050.170.620.390.020.91
0.40.330.170.480.370.54-0.610.360.370.650.32-0.120.450.270.140.29-0.170.510.41-0.230.170.230.08-0.22-0.01
0.96-0.07-0.320.910.960.68-0.350.960.950.420.880.040.930.150.870.45-0.10.890.960.30.620.230.91-0.70.61
0.86-0.27-0.220.870.850.620.00.870.920.080.870.010.79-0.040.950.350.10.850.850.490.390.080.91-0.830.47
-0.640.450.2-0.75-0.62-0.6-0.16-0.65-0.760.07-0.670.25-0.570.29-0.84-0.2-0.26-0.74-0.63-0.660.02-0.22-0.7-0.83-0.01
0.610.12-0.210.470.650.1-0.480.630.520.460.520.060.640.270.380.22-0.220.410.62-0.020.91-0.010.610.47-0.01
Click cells to compare fundamentals

Biosyent Account Relationship Matchups

Biosyent fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.0M33.6M37.2M40.5M41.5M43.6M
Other Current Liab198.8K328.8K98.7K318.0K138.4K228.7K
Total Current Liabilities3.4M5.1M4.1M5.7M5.5M5.8M
Total Stockholder Equity25.8M26.8M31.6M33.4M34.8M36.5M
Property Plant And Equipment Net2.5M2.2M1.9M1.7M1.4M1.5M
Net Debt(11.6M)(18.6M)(16.5M)(6.5M)(3.7M)(3.9M)
Retained Earnings17.5M19.1M24.1M25.9M27.5M28.9M
Accounts Payable2.9M3.7M3.6M5.1M5.1M5.3M
Cash13.4M20.3M18.0M7.9M4.9M5.4M
Non Current Assets Total4.1M3.8M3.1M3.3M5.7M5.9M
Cash And Short Term Investments22.0M25.6M28.2M28.7M26.2M27.5M
Common Stock Shares Outstanding13.9M13.1M12.9M12.5M12.2M13.5M
Liabilities And Stockholders Equity31.0M33.6M37.2M40.5M41.5M43.6M
Inventory2.1M2.1M2.2M4.5M5.9M6.2M
Other Current Assets648.8K307.6K456.0K255.0K243.5K163.3K
Other Stockholder Equity1.2M1.5M1.8M2.2M2.3M3.1M
Total Liab5.2M6.8M5.6M7.1M6.8M7.1M
Total Current Assets26.8M29.8M34.1M37.1M35.9M37.7M
Intangible Assets1.0M1.0M874.0K1.2M1.2M660.8K
Current Deferred Revenue99.1K934.4K313.6K164.4K134.5K138.0K
Net Receivables2.1M1.8M3.2M3.7M3.5M3.7M
Accumulated Other Comprehensive Income(105.3K)(166.7K)(185.3K)(143.1K)(177.5K)(168.6K)
Short Term Investments8.5M5.3M10.2M20.8M21.3M22.3M
Common Stock7.2M6.4M5.8M5.4M5.1M5.4M
Other Liab102.9K79.7K80.2K182.4K209.7K153.4K
Net Tangible Assets24.7M25.8M30.7M32.3M37.1M21.9M
Other Assets686.5K758.8K406.5K639.1K1.00.95
Non Current Liabilities Total1.8M1.6M1.5M1.4M1.2M851.1K
Property Plant Equipment2.4M2.1M1.8M1.6M1.9M961.5K
Deferred Long Term Liab72.0K131.0K124.1K170.6K196.2K98.8K
Net Invested Capital25.8M26.8M31.6M33.4M34.8M31.8M
Net Working Capital23.5M24.6M29.9M31.4M30.3M29.1M
Capital Stock7.2M6.4M5.8M5.4M5.1M5.0M

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