Bionano Genomics Stock Gross Profit

BNGO Stock

USD 0.20 0.01 4.76%

Bionano Genomics fundamentals help investors to digest information that contributes to Bionano Genomics' financial success or failures. It also enables traders to predict the movement of Bionano Stock. The fundamental analysis module provides a way to measure Bionano Genomics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bionano Genomics stock.

	Last Reported	Projected for Next Year
Gross Profit	9.6 M	4.9 M
Gross Profit Margin	0.26	0.34

As of the 24th of December 2024, Gross Profit Margin is likely to grow to 0.34, while Gross Profit is likely to drop about 4.9 M.

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Bionano Genomics Company Gross Profit Analysis

Bionano Genomics' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Bionano Genomics Gross Profit

5.95 M

Most of Bionano Genomics' fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bionano Genomics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bionano Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Bionano Genomics is extremely important. It helps to project a fair market value of Bionano Stock properly, considering its historical fundamentals such as Gross Profit. Since Bionano Genomics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bionano Genomics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bionano Genomics' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Long Term Debt Total	Capital Surpluse	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Deferred Long Term Liab	Capital Stock	Good Will	Intangible Assets
Total Assets		0.98	0.95	0.84	0.22	-0.67	0.94	0.72	0.67	0.72	0.86	0.37	0.79	0.98	0.29	0.86	0.73	0.98	0.93	-0.73	0.85	0.78	0.9
Total Stockholder Equity	0.98		0.92	0.77	0.08	-0.58	0.89	0.69	0.59	0.69	0.8	0.23	0.76	0.97	0.2	0.9	0.63	0.98	0.97	-0.71	0.9	0.83	0.83
Net Tangible Assets	0.95	0.92		0.76	0.39	-0.78	0.88	0.72	0.69	0.72	0.93	0.51	0.86	0.96	0.52	0.73	0.79	0.96	0.91	-0.77	0.72	0.57	0.88
Current Deferred Revenue	0.84	0.77	0.76		0.4	-0.7	0.86	0.55	0.59	0.55	0.79	0.5	0.66	0.77	0.31	0.65	0.81	0.77	0.63	-0.64	0.65	0.63	0.89
Net Debt	0.22	0.08	0.39	0.4		-0.81	0.39	0.23	0.59	0.23	0.63	0.95	0.45	0.19	0.86	-0.19	0.78	0.22	0.0	-0.34	-0.2	-0.26	0.57
Retained Earnings	-0.67	-0.58	-0.78	-0.7	-0.81		-0.8	-0.69	-0.83	-0.69	-0.95	-0.85	-0.88	-0.64	-0.88	-0.4	-0.96	-0.7	-0.49	0.79	-0.38	-0.19	-0.88
Accounts Payable	0.94	0.89	0.88	0.86	0.39	-0.8		0.81	0.83	0.81	0.91	0.52	0.84	0.89	0.45	0.78	0.83	0.93	0.78	-0.8	0.77	0.7	0.96
Long Term Debt	0.72	0.69	0.72	0.55	0.23	-0.69	0.81		0.85	1.0	0.75	0.3	0.85	0.72	0.53	0.71	0.57	0.79	0.62	-0.93	0.69	0.42	0.68
Net Receivables	0.67	0.59	0.69	0.59	0.59	-0.83	0.83	0.85		0.85	0.82	0.56	0.76	0.63	0.71	0.43	0.73	0.71	0.47	-0.75	0.4	0.3	0.79
Long Term Debt Total	0.72	0.69	0.72	0.55	0.23	-0.69	0.81	1.0	0.85		0.75	0.3	0.85	0.72	0.53	0.71	0.57	0.79	0.62	-0.93	0.69	0.42	0.68
Capital Surpluse	0.86	0.8	0.93	0.79	0.63	-0.95	0.91	0.75	0.82	0.75		0.72	0.93	0.83	0.72	0.63	0.94	0.88	0.73	-0.84	0.61	0.44	0.95
Total Liab	0.37	0.23	0.51	0.5	0.95	-0.85	0.52	0.3	0.56	0.3	0.72		0.56	0.34	0.81	0.0	0.86	0.35	0.16	-0.43	-0.01	-0.11	0.67
Short Long Term Debt	0.79	0.76	0.86	0.66	0.45	-0.88	0.84	0.85	0.76	0.85	0.93	0.56		0.78	0.7	0.72	0.83	0.85	0.71	-0.95	0.69	0.39	0.83
Total Current Assets	0.98	0.97	0.96	0.77	0.19	-0.64	0.89	0.72	0.63	0.72	0.83	0.34	0.78		0.3	0.83	0.67	0.98	0.96	-0.72	0.82	0.71	0.84
Short Term Debt	0.29	0.2	0.52	0.31	0.86	-0.88	0.45	0.53	0.71	0.53	0.72	0.81	0.7	0.3		0.01	0.74	0.37	0.15	-0.61	-0.02	-0.28	0.55
Common Stock	0.86	0.9	0.73	0.65	-0.19	-0.4	0.78	0.71	0.43	0.71	0.63	0.0	0.72	0.83	0.01		0.45	0.87	0.87	-0.74	1.0	0.86	0.67
Property Plant Equipment	0.73	0.63	0.79	0.81	0.78	-0.96	0.83	0.57	0.73	0.57	0.94	0.86	0.83	0.67	0.74	0.45		0.71	0.52	-0.72	0.44	0.33	0.93
Net Invested Capital	0.98	0.98	0.96	0.77	0.22	-0.7	0.93	0.79	0.71	0.79	0.88	0.35	0.85	0.98	0.37	0.87	0.71		0.94	-0.8	0.85	0.73	0.88
Net Working Capital	0.93	0.97	0.91	0.63	0.0	-0.49	0.78	0.62	0.47	0.62	0.73	0.16	0.71	0.96	0.15	0.87	0.52	0.94		-0.65	0.86	0.76	0.72
Deferred Long Term Liab	-0.73	-0.71	-0.77	-0.64	-0.34	0.79	-0.8	-0.93	-0.75	-0.93	-0.84	-0.43	-0.95	-0.72	-0.61	-0.74	-0.72	-0.8	-0.65		-0.72	-0.39	-0.74
Capital Stock	0.85	0.9	0.72	0.65	-0.2	-0.38	0.77	0.69	0.4	0.69	0.61	-0.01	0.69	0.82	-0.02	1.0	0.44	0.85	0.86	-0.72		0.87	0.66
Good Will	0.78	0.83	0.57	0.63	-0.26	-0.19	0.7	0.42	0.3	0.42	0.44	-0.11	0.39	0.71	-0.28	0.86	0.33	0.73	0.76	-0.39	0.87		0.61
Intangible Assets	0.9	0.83	0.88	0.89	0.57	-0.88	0.96	0.68	0.79	0.68	0.95	0.67	0.83	0.84	0.55	0.67	0.93	0.88	0.72	-0.74	0.66	0.61

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Bionano Gross Profit Historical Pattern

Today, most investors in Bionano Genomics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bionano Genomics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bionano Genomics gross profit as a starting point in their analysis.

Bionano Genomics Gross Profit

Timeline

Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Competition

Predict Bionano Genomics

Gross Profit Over Time

According to the company disclosure, Bionano Genomics reported 5.95 M of gross profit. This is 99.73% lower than that of the Life Sciences Tools & Services sector and 99.33% lower than that of the Health Care industry. The gross profit for all United States stocks is 99.98% higher than that of the company.

Bionano Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bionano Genomics' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bionano Genomics could also be used in its relative valuation, which is a method of valuing Bionano Genomics by comparing valuation metrics of similar companies.

Bionano Genomics is currently under evaluation in gross profit category among its peers.

Bionano Fundamentals

	Return On Equity	-1.38
	Return On Asset	-0.33
	Operating Margin	(2.03) %
	Current Valuation	20.07 M
	Shares Outstanding	101.99 M
	Shares Owned By Insiders	0.15 %
	Shares Owned By Institutions	12.81 %
	Number Of Shares Shorted	12.66 M
	Price To Earning	(1.80) X
	Price To Book	0.42 X
	Price To Sales	0.56 X
	Revenue	36.12 M
	Gross Profit	5.95 M
	EBITDA	(213.6 M)
	Net Income	(232.49 M)
	Cash And Equivalents	187.34 M
	Cash Per Share	0.65 X
	Total Debt	79.41 M
	Debt To Equity	0.04 %
	Current Ratio	7.75 X
	Book Value Per Share	2.10 X
	Cash Flow From Operations	(125.18 M)
	Short Ratio	3.81 X
	Earnings Per Share	(2.30) X
	Target Price	1.0
	Number Of Employees	344
	Beta	2.38
	Market Capitalization	20.57 M
	Total Asset	214.4 M
	Retained Earnings	(581.21 M)
	Working Capital	40.09 M
	Current Asset	14.39 M
	Current Liabilities	8.72 M
	Net Asset	214.4 M

About Bionano Genomics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bionano Genomics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bionano Genomics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bionano Genomics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Bionano Genomics

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 Bionano Genomics 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 Bionano Genomics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bionano Stock

0.64	A	Agilent Technologies	Pair Corr
0.95	ME	23Andme Holding	Pair Corr
0.8	VALN	Valneva SE ADR	Pair Corr

Moving against Bionano Stock

0.79	VCEL	Vericel Corp Ord	Pair Corr
0.79	DRUG	Bright Minds Biosciences	Pair Corr
0.74	VCYT	Veracyte	Pair Corr
0.74	SABSW	SAB Biotherapeutics	Pair Corr
0.69	VANI	Vivani Medical	Pair Corr

The ability to find closely correlated positions to Bionano Genomics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bionano Genomics 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 Bionano Genomics - 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 Bionano Genomics to buy it.

The correlation of Bionano Genomics 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 Bionano Genomics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bionano Genomics 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 Bionano Genomics 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

When determining whether Bionano Genomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bionano Genomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bionano Genomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bionano Genomics Stock:

How To Invest In Bionano

Details

Is Bionano Stock a good investment?

Details

What is Bionano Genomics' Net Worth?

Details

Largest Life Sciences Tools & Services Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Bionano Genomics Piotroski F Score and Bionano Genomics Altman Z Score analysis.

To learn how to invest in Bionano Stock, please use our How to Invest in Bionano Genomics guide.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Is Life Sciences Tools & Services 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 Bionano Genomics. If investors know Bionano 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 Bionano Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.30)

Revenue Per Share

0.749

Quarterly Revenue Growth

(0.10)

Return On Assets

(0.33)

Return On Equity

(1.38)

The market value of Bionano Genomics is measured differently than its book value, which is the value of Bionano that is recorded on the company's balance sheet. Investors also form their own opinion of Bionano Genomics' value that differs from its market value or its book value, called intrinsic value, which is Bionano Genomics' 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 Bionano Genomics' market value can be influenced by many factors that don't directly affect Bionano Genomics' 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 Bionano Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bionano Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bionano Genomics' 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.

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Bionano Genomics Stock Gross Profit

Bionano Genomics Company Gross Profit Analysis

Gross Profit

Revenue

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Cost of Revenue

Current Bionano Genomics Gross Profit

Bionano Gross Profit Driver Correlations

Bionano Gross Profit Historical Pattern

Bionano Gross Profit Peer Comparison

Bionano Fundamentals

About Bionano Genomics Fundamental Analysis

Pair Trading with Bionano Genomics

Moving together with Bionano Stock

Moving against Bionano Stock

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