Biofrontera Other Current Assets vs Net Invested Capital Analysis

BFRIW Stock  USD 0.13  0.05  64.77%   
Biofrontera Warrants financial indicator trend analysis is way more than just evaluating Biofrontera Warrants prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biofrontera Warrants is a good investment. Please check the relationship between Biofrontera Warrants Other Current Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biofrontera Warrants. 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.
For more information on how to buy Biofrontera Stock please use our How to Invest in Biofrontera Warrants guide.

Other Current Assets vs Net Invested Capital

Other Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biofrontera Warrants Other Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Biofrontera Warrants' Other Current Assets and Net Invested Capital is 0.18. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Biofrontera Warrants, assuming nothing else is changed. The correlation between historical values of Biofrontera Warrants' Other Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Biofrontera Warrants are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., Biofrontera Warrants' Other Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Biofrontera Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biofrontera Warrants 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Biofrontera Warrants. 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.
For more information on how to buy Biofrontera Stock please use our How to Invest in Biofrontera Warrants guide.At this time, Biofrontera Warrants' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 8.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 34.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization540K1.2M1.1M1.5M
Interest Income16K175K168K90.6K

Biofrontera Warrants fundamental ratios Correlations

-0.610.150.630.70.28-0.74-0.630.10.740.950.92-0.180.80.410.39-0.48-0.770.670.71-0.370.80.261.0-0.630.71
-0.610.67-0.35-0.98-0.520.960.85-0.54-0.33-0.49-0.560.47-0.41-0.11-0.690.940.77-0.66-0.90.95-0.52-0.62-0.620.57-0.36
0.150.670.15-0.54-0.330.490.54-0.680.340.280.210.560.340.32-0.510.720.23-0.32-0.460.810.18-0.50.130.170.26
0.63-0.350.150.470.81-0.34-0.660.430.170.70.56-0.370.370.830.75-0.46-0.090.290.71-0.280.780.740.61-0.920.09
0.7-0.98-0.540.470.58-0.97-0.840.460.410.610.67-0.40.530.270.7-0.93-0.780.610.92-0.910.670.640.7-0.630.43
0.28-0.52-0.330.810.58-0.38-0.710.67-0.190.360.25-0.510.080.730.89-0.720.030.10.75-0.610.620.960.27-0.84-0.23
-0.740.960.49-0.34-0.97-0.380.76-0.31-0.58-0.6-0.740.26-0.62-0.08-0.570.830.9-0.72-0.860.84-0.57-0.47-0.750.49-0.61
-0.630.850.54-0.66-0.84-0.710.76-0.81-0.09-0.55-0.460.76-0.19-0.34-0.890.90.48-0.68-0.950.8-0.56-0.81-0.640.88-0.09
0.1-0.54-0.680.430.460.67-0.31-0.81-0.50.06-0.15-0.95-0.410.20.8-0.720.040.340.63-0.640.140.780.1-0.72-0.5
0.74-0.330.340.170.41-0.19-0.58-0.09-0.50.640.890.480.940.01-0.07-0.05-0.790.520.3-0.050.46-0.20.75-0.030.99
0.95-0.490.280.70.610.36-0.6-0.550.060.640.87-0.170.780.630.33-0.43-0.620.420.63-0.30.920.270.94-0.650.58
0.92-0.560.210.560.670.25-0.74-0.46-0.150.890.870.150.950.370.32-0.39-0.790.580.65-0.320.780.220.92-0.460.86
-0.180.470.56-0.37-0.4-0.510.260.76-0.950.48-0.170.150.41-0.2-0.640.640.01-0.33-0.530.54-0.17-0.6-0.180.680.48
0.8-0.410.340.370.530.08-0.62-0.19-0.410.940.780.950.410.310.07-0.21-0.750.380.43-0.180.710.00.8-0.210.92
0.41-0.110.320.830.270.73-0.08-0.340.20.010.630.37-0.20.310.43-0.30.12-0.230.4-0.140.830.540.38-0.69-0.08
0.39-0.69-0.510.750.70.89-0.57-0.890.8-0.070.330.32-0.640.070.43-0.8-0.180.510.89-0.70.460.970.4-0.88-0.09
-0.480.940.72-0.46-0.93-0.720.830.9-0.72-0.05-0.43-0.390.64-0.21-0.3-0.80.53-0.47-0.90.98-0.55-0.78-0.480.7-0.07
-0.770.770.23-0.09-0.780.030.90.480.04-0.79-0.62-0.790.01-0.750.12-0.180.53-0.71-0.590.57-0.46-0.04-0.780.19-0.83
0.67-0.66-0.320.290.610.1-0.72-0.680.340.520.420.58-0.330.38-0.230.51-0.47-0.710.68-0.440.180.290.69-0.440.54
0.71-0.9-0.460.710.920.75-0.86-0.950.630.30.630.65-0.530.430.40.89-0.9-0.590.68-0.820.680.820.72-0.850.3
-0.370.950.81-0.28-0.91-0.610.840.8-0.64-0.05-0.3-0.320.54-0.18-0.14-0.70.980.57-0.44-0.82-0.43-0.69-0.380.53-0.1
0.8-0.520.180.780.670.62-0.57-0.560.140.460.920.78-0.170.710.830.46-0.55-0.460.180.68-0.430.480.78-0.710.4
0.26-0.62-0.50.740.640.96-0.47-0.810.78-0.20.270.22-0.60.00.540.97-0.78-0.040.290.82-0.690.480.26-0.84-0.22
1.0-0.620.130.610.70.27-0.75-0.640.10.750.940.92-0.180.80.380.4-0.48-0.780.690.72-0.380.780.26-0.620.72
-0.630.570.17-0.92-0.63-0.840.490.88-0.72-0.03-0.65-0.460.68-0.21-0.69-0.880.70.19-0.44-0.850.53-0.71-0.84-0.620.03
0.71-0.360.260.090.43-0.23-0.61-0.09-0.50.990.580.860.480.92-0.08-0.09-0.07-0.830.540.3-0.10.4-0.220.720.03
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Biofrontera Warrants Account Relationship Matchups

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When running Biofrontera Warrants' price analysis, check to measure Biofrontera Warrants' 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 Biofrontera Warrants is operating at the current time. Most of Biofrontera Warrants' value examination focuses on studying past and present price action to predict the probability of Biofrontera Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biofrontera Warrants' price. Additionally, you may evaluate how the addition of Biofrontera Warrants to your portfolios can decrease your overall portfolio volatility.