Beyond Stock Based Compensation vs Net Income Analysis

XAIR Stock

USD 0.42 0.02 4.55%

Beyond Air financial indicator trend analysis is way more than just evaluating Beyond Air prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Air is a good investment. Please check the relationship between Beyond Air Stock Based Compensation and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Beyond Air. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Air Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Beyond Air's Stock Based Compensation and Net Income is -0.96. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Beyond Air, assuming nothing else is changed. The correlation between historical values of Beyond Air's Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Beyond Air are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Beyond Air's Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Beyond Air financial statement analysis. It represents the amount of money remaining after all of Beyond Air operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Beyond Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Air 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Beyond Air. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.At this time, Beyond Air's Selling General Administrative is relatively stable compared to the past year. As of 12/25/2024, Issuance Of Capital Stock is likely to grow to about 29.5 M, while Enterprise Value Multiple is likely to drop (3.44).

	2022	2023	2024 (projected)
Reconciled Depreciation	1.2M	2.4M	2.5M
Cost Of Revenue	555K	2.5M	4.8M

Reconciled Depreciation Cost Of Revenue

Beyond Air fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Common Stock Total Equity	Capital Surpluse	Short Long Term Debt	Short Term Debt	Net Tangible Assets
Total Assets		0.25	0.85	0.98	0.64	-0.78	-0.75	0.71	0.91	0.7	0.32	0.33	0.99	0.84	0.66	0.36	0.82	0.8	1.0	-0.39	0.65	0.93	0.84	0.97	0.8	0.98
Other Current Liab	0.25		0.28	0.14	0.83	0.31	-0.77	0.43	0.02	0.79	0.2	-0.24	0.19	0.69	0.87	0.97	0.72	0.71	0.2	-0.22	0.86	0.42	0.69	0.41	0.74	0.33
Total Current Liabilities	0.85	0.28		0.74	0.7	-0.47	-0.8	0.79	0.6	0.74	0.42	0.04	0.78	0.83	0.6	0.34	0.81	0.83	0.82	-0.38	0.56	0.86	0.83	0.88	0.77	0.79
Total Stockholder Equity	0.98	0.14	0.74		0.52	-0.88	-0.64	0.61	0.98	0.59	0.28	0.43	0.99	0.75	0.57	0.27	0.73	0.7	0.99	-0.37	0.58	0.84	0.75	0.92	0.72	0.97
Property Plant And Equipment Net	0.64	0.83	0.7	0.52		-0.07	-0.98	0.58	0.37	1.0	0.18	-0.26	0.57	0.94	0.93	0.89	0.95	0.95	0.59	-0.29	0.94	0.77	0.94	0.74	0.96	0.66
Net Debt	-0.78	0.31	-0.47	-0.88	-0.07		0.21	-0.33	-0.94	-0.15	-0.19	-0.61	-0.85	-0.36	-0.15	0.18	-0.33	-0.3	-0.82	0.24	-0.15	-0.54	-0.36	-0.65	-0.32	-0.76
Retained Earnings	-0.75	-0.77	-0.8	-0.64	-0.98	0.21		-0.73	-0.49	-0.99	-0.31	0.1	-0.69	-0.98	-0.94	-0.82	-0.99	-0.99	-0.71	0.38	-0.93	-0.85	-0.99	-0.84	-0.98	-0.77
Accounts Payable	0.71	0.43	0.79	0.61	0.58	-0.33	-0.73		0.5	0.61	0.54	0.28	0.66	0.76	0.64	0.42	0.73	0.75	0.69	-0.52	0.6	0.72	0.74	0.79	0.69	0.69
Cash	0.91	0.02	0.6	0.98	0.37	-0.94	-0.49	0.5		0.44	0.23	0.53	0.95	0.62	0.45	0.15	0.6	0.56	0.94	-0.33	0.47	0.72	0.62	0.81	0.6	0.91
Non Current Assets Total	0.7	0.79	0.74	0.59	1.0	-0.15	-0.99	0.61	0.44		0.22	-0.21	0.63	0.96	0.93	0.86	0.97	0.97	0.65	-0.31	0.94	0.81	0.97	0.78	0.98	0.72
Non Currrent Assets Other	0.32	0.2	0.42	0.28	0.18	-0.19	-0.31	0.54	0.23	0.22		0.57	0.33	0.36	0.36	0.1	0.32	0.35	0.32	-0.6	0.19	0.17	0.33	0.4	0.29	0.29
Other Assets	0.33	-0.24	0.04	0.43	-0.26	-0.61	0.1	0.28	0.53	-0.21	0.57		0.42	0.02	0.03	-0.26	-0.01	-0.02	0.38	-0.55	-0.06	0.07	0.01	0.25	-0.03	0.32
Cash And Short Term Investments	0.99	0.19	0.78	0.99	0.57	-0.85	-0.69	0.66	0.95	0.63	0.33	0.42		0.79	0.62	0.31	0.77	0.75	1.0	-0.4	0.61	0.87	0.79	0.94	0.75	0.98
Common Stock Shares Outstanding	0.84	0.69	0.83	0.75	0.94	-0.36	-0.98	0.76	0.62	0.96	0.36	0.02	0.79		0.92	0.76	1.0	0.99	0.81	-0.42	0.91	0.87	1.0	0.91	0.99	0.84
Non Current Liabilities Total	0.66	0.87	0.6	0.57	0.93	-0.15	-0.94	0.64	0.45	0.93	0.36	0.03	0.62	0.92		0.89	0.93	0.93	0.63	-0.43	0.97	0.73	0.93	0.74	0.94	0.69
Other Current Assets	0.36	0.97	0.34	0.27	0.89	0.18	-0.82	0.42	0.15	0.86	0.1	-0.26	0.31	0.76	0.89		0.78	0.76	0.32	-0.22	0.92	0.54	0.76	0.51	0.82	0.44
Other Stockholder Equity	0.82	0.72	0.81	0.73	0.95	-0.33	-0.99	0.73	0.6	0.97	0.32	-0.01	0.77	1.0	0.93	0.78		0.99	0.79	-0.4	0.93	0.87	1.0	0.89	0.99	0.83
Total Liab	0.8	0.71	0.83	0.7	0.95	-0.3	-0.99	0.75	0.56	0.97	0.35	-0.02	0.75	0.99	0.93	0.76	0.99		0.77	-0.41	0.9	0.85	0.99	0.86	0.98	0.8
Total Current Assets	1.0	0.2	0.82	0.99	0.59	-0.82	-0.71	0.69	0.94	0.65	0.32	0.38	1.0	0.81	0.63	0.32	0.79	0.77		-0.4	0.62	0.89	0.81	0.95	0.77	0.98
Common Stock	-0.39	-0.22	-0.38	-0.37	-0.29	0.24	0.38	-0.52	-0.33	-0.31	-0.6	-0.55	-0.4	-0.42	-0.43	-0.22	-0.4	-0.41	-0.4		-0.35	-0.33	-0.41	-0.42	-0.37	-0.38
Short Long Term Debt Total	0.65	0.86	0.56	0.58	0.94	-0.15	-0.93	0.6	0.47	0.94	0.19	-0.06	0.61	0.91	0.97	0.92	0.93	0.9	0.62	-0.35		0.75	0.92	0.74	0.95	0.72
Common Stock Total Equity	0.93	0.42	0.86	0.84	0.77	-0.54	-0.85	0.72	0.72	0.81	0.17	0.07	0.87	0.87	0.73	0.54	0.87	0.85	0.89	-0.33	0.75		0.88	0.95	0.86	0.92
Capital Surpluse	0.84	0.69	0.83	0.75	0.94	-0.36	-0.99	0.74	0.62	0.97	0.33	0.01	0.79	1.0	0.93	0.76	1.0	0.99	0.81	-0.41	0.92	0.88		0.9	0.99	0.85
Short Long Term Debt	0.97	0.41	0.88	0.92	0.74	-0.65	-0.84	0.79	0.81	0.78	0.4	0.25	0.94	0.91	0.74	0.51	0.89	0.86	0.95	-0.42	0.74	0.95	0.9		0.88	0.97
Short Term Debt	0.8	0.74	0.77	0.72	0.96	-0.32	-0.98	0.69	0.6	0.98	0.29	-0.03	0.75	0.99	0.94	0.82	0.99	0.98	0.77	-0.37	0.95	0.86	0.99	0.88		0.83
Net Tangible Assets	0.98	0.33	0.79	0.97	0.66	-0.76	-0.77	0.69	0.91	0.72	0.29	0.32	0.98	0.84	0.69	0.44	0.83	0.8	0.98	-0.38	0.72	0.92	0.85	0.97	0.83

Click cells to compare fundamentals

Beyond Air Account Relationship Matchups

Beyond Air fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.4M	40.5M	99.2M	68.7M	57.0M	31.2M
Other Current Liab	1.3M	1.8M	1K	(1K)	7.8M	8.2M
Total Current Liabilities	4.9M	3.8M	10.7M	19.8M	11.6M	5.9M
Total Stockholder Equity	18.1M	30.5M	72.7M	37.9M	25.0M	19.0M
Property Plant And Equipment Net	407.1K	2.8M	4.2M	7.5M	11.5M	12.1M
Net Debt	(15.0M)	(27.7M)	(76.8M)	(25.6M)	6.5M	6.8M
Retained Earnings	(57.6M)	(80.5M)	(123.6M)	(179.5M)	(239.7M)	(227.7M)
Accounts Payable	2.3M	1.3M	1.1M	2.0M	1.9M	1.1M
Cash	19.8M	34.6M	80.2M	29.2M	11.4M	17.7M
Non Current Assets Total	819.8K	3.3M	6.3M	9.3M	13.0M	13.7M
Cash And Short Term Investments	19.8M	34.6M	80.2M	45.9M	34.5M	23.2M
Common Stock Shares Outstanding	11.5M	18.0M	25.7M	30.0M	33.2M	34.8M
Non Current Liabilities Total	4.5M	6.3M	10.3M	6.9M	18.2M	19.1M
Other Current Assets	131.7K	2.6M	508K	338K	6.8M	7.1M
Other Stockholder Equity	75.7M	110.9M	196.2M	217.3M	264.8M	278.0M
Total Liab	9.3M	10.1M	21.0M	26.7M	29.8M	31.3M
Total Current Assets	26.6M	37.2M	92.9M	59.4M	43.9M	27.8M
Common Stock	871.0	1.6K	2K	3K	5K	3.5K
Short Long Term Debt Total	4.9M	6.9M	9.4M	5.8M	17.8M	18.7M
Common Stock Total Equity	871.0	1.6K	2.2K	3K	3.5K	1.8K
Liabilities And Stockholders Equity	27.4M	40.5M	99.2M	68.7M	57.0M	34.3M
Accumulated Other Comprehensive Income	0.0	1K	96K	53K	(15K)	(15.8K)
Capital Surpluse	75.7M	110.9M	196.3M	217.3M	249.9M	262.4M
Short Long Term Debt	335.4K	556.5K	927K	775K	800K	459.3K
Short Term Debt	404.7K	670K	1.2M	1.2M	1.6M	1.7M
Net Tangible Assets	17.7M	30.5M	72.7M	37.9M	43.6M	23.4M
Current Deferred Revenue	873.2K	1.8M	8.4M	16.6M	138K	131.1K
Net Receivables	124.1K	466K	604K	651K	548K	361.4K
Inventory	6.5M	1.9M	350K	1.1M	2.1M	1.7M
Property Plant Equipment	340.1K	928.8K	2.0M	5.0M	5.8M	6.0M
Net Invested Capital	22.8M	35.5M	73.8M	38.8M	40.6M	32.6M
Property Plant And Equipment Gross	340.1K	2.8M	5.0M	8.8M	14.5M	15.2M
Net Working Capital	21.8M	33.4M	82.2M	39.6M	32.4M	33.5M
Intangible Assets	412.8K	375K	1.8M	1.6M	1.4M	1.1M

Pair Trading with Beyond Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beyond Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beyond Air will appreciate offsetting losses from the drop in the long position's value.

Moving together with Beyond Stock

0.69	GH	Guardant Health	Pair Corr
0.85	LH	Laboratory	Pair Corr

Moving against Beyond Stock

0.73	ELAB	Elevai Labs, Common	Pair Corr
0.7	FIGS	Figs Inc Downward Rally	Pair Corr
0.68	EKSO	Ekso Bionics Holdings	Pair Corr
0.65	VERO	Venus Concept	Pair Corr
0.64	DRIO	DarioHealth Corp	Pair Corr

The ability to find closely correlated positions to Beyond Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beyond Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beyond Air to buy it.

The correlation of Beyond Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beyond Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond Air moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Beyond Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Beyond Stock Analysis

When running Beyond Air's price analysis, check to measure Beyond Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air to your portfolios can decrease your overall portfolio volatility.

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