BioAffinity Total Assets vs Total Stockholder Equity Analysis

BIAF Stock  USD 0.97  0.11  10.19%   
BioAffinity Technologies, financial indicator trend analysis is way more than just evaluating bioAffinity Technologies, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether bioAffinity Technologies, is a good investment. Please check the relationship between BioAffinity Technologies, Total Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioAffinity Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of bioAffinity Technologies, Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between BioAffinity Technologies,'s Total Assets and Total Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of bioAffinity Technologies,, assuming nothing else is changed. The correlation between historical values of BioAffinity Technologies,'s Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of bioAffinity Technologies, are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., BioAffinity Technologies,'s Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of BioAffinity Technologies, assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in bioAffinity Technologies, books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from BioAffinity Technologies,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into bioAffinity Technologies, 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 bioAffinity Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.At this time, BioAffinity Technologies,'s Tax Provision is most likely to increase significantly in the upcoming years. The BioAffinity Technologies,'s current Selling General Administrative is estimated to increase to about 7.1 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M2.5M37.1K35.3K
Depreciation And Amortization4.8K10.2K249.6K262.1K

BioAffinity Technologies, fundamental ratios Correlations

-0.55-0.08-0.510.780.56-0.85-0.80.810.920.53-0.470.920.51-0.541.00.97-0.330.95-0.570.95-0.06-0.810.81-0.98-0.5
-0.550.811.0-0.95-0.430.860.26-0.27-0.49-0.410.37-0.49-0.40.34-0.53-0.50.93-0.511.0-0.56-0.340.14-0.110.60.81
-0.080.810.84-0.61-0.010.53-0.270.2-0.090.00.05-0.090.010.11-0.060.00.91-0.080.78-0.09-0.4-0.440.450.120.83
-0.511.00.84-0.93-0.420.830.23-0.24-0.45-0.40.34-0.45-0.390.31-0.48-0.460.94-0.460.99-0.52-0.370.1-0.070.560.82
0.78-0.95-0.61-0.930.55-0.96-0.520.50.720.52-0.490.720.5-0.50.770.73-0.80.74-0.950.760.2-0.430.4-0.81-0.77
0.56-0.43-0.01-0.420.55-0.39-0.860.810.281.00.050.281.0-0.050.520.69-0.120.35-0.50.730.57-0.680.61-0.7-0.26
-0.850.860.530.83-0.96-0.390.49-0.47-0.86-0.350.62-0.86-0.330.64-0.85-0.750.73-0.870.86-0.760.030.46-0.440.830.75
-0.80.26-0.270.23-0.52-0.860.49-0.91-0.63-0.850.22-0.63-0.840.35-0.79-0.87-0.08-0.670.32-0.85-0.140.92-0.870.870.17
0.81-0.270.2-0.240.50.81-0.47-0.910.550.80.010.550.79-0.070.780.93-0.020.62-0.330.930.33-0.880.89-0.87-0.23
0.92-0.49-0.09-0.450.720.28-0.86-0.630.550.25-0.71.00.23-0.790.950.81-0.311.0-0.490.77-0.38-0.670.66-0.85-0.47
0.53-0.410.0-0.40.521.0-0.35-0.850.80.250.080.251.0-0.020.490.67-0.110.31-0.480.70.58-0.670.59-0.68-0.23
-0.470.370.050.34-0.490.050.620.220.01-0.70.08-0.70.090.82-0.5-0.30.29-0.660.35-0.230.690.37-0.310.360.07
0.92-0.49-0.09-0.450.720.28-0.86-0.630.551.00.25-0.70.23-0.790.950.81-0.311.0-0.490.77-0.38-0.670.66-0.85-0.47
0.51-0.40.01-0.390.51.0-0.33-0.840.790.231.00.090.230.00.470.65-0.10.29-0.460.690.59-0.660.59-0.66-0.22
-0.540.340.110.31-0.5-0.050.640.35-0.07-0.79-0.020.82-0.790.0-0.59-0.360.17-0.740.33-0.310.620.32-0.240.480.34
1.0-0.53-0.06-0.480.770.52-0.85-0.790.780.950.49-0.50.950.47-0.590.95-0.310.97-0.550.93-0.11-0.80.8-0.97-0.5
0.97-0.50.0-0.460.730.69-0.75-0.870.930.810.67-0.30.810.65-0.360.95-0.260.86-0.540.990.12-0.870.87-0.98-0.44
-0.330.930.910.94-0.8-0.120.73-0.08-0.02-0.31-0.110.29-0.31-0.10.17-0.31-0.26-0.320.91-0.32-0.31-0.140.120.340.77
0.95-0.51-0.08-0.460.740.35-0.87-0.670.621.00.31-0.661.00.29-0.740.970.86-0.32-0.520.82-0.32-0.710.7-0.89-0.48
-0.571.00.780.99-0.95-0.50.860.32-0.33-0.49-0.480.35-0.49-0.460.33-0.55-0.540.91-0.52-0.6-0.380.2-0.160.630.8
0.95-0.56-0.09-0.520.760.73-0.76-0.850.930.770.7-0.230.770.69-0.310.930.99-0.320.82-0.60.23-0.820.83-0.98-0.51
-0.06-0.34-0.4-0.370.20.570.03-0.140.33-0.380.580.69-0.380.590.62-0.110.12-0.31-0.32-0.380.230.09-0.08-0.11-0.35
-0.810.14-0.440.1-0.43-0.680.460.92-0.88-0.67-0.670.37-0.67-0.660.32-0.8-0.87-0.14-0.710.2-0.820.09-0.990.81-0.05
0.81-0.110.45-0.070.40.61-0.44-0.870.890.660.59-0.310.660.59-0.240.80.870.120.7-0.160.83-0.08-0.99-0.790.05
-0.980.60.120.56-0.81-0.70.830.87-0.87-0.85-0.680.36-0.85-0.660.48-0.97-0.980.34-0.890.63-0.98-0.110.81-0.790.55
-0.50.810.830.82-0.77-0.260.750.17-0.23-0.47-0.230.07-0.47-0.220.34-0.5-0.440.77-0.480.8-0.51-0.35-0.050.050.55
Click cells to compare fundamentals

BioAffinity Technologies, Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether bioAffinity Technologies, is a strong investment it is important to analyze BioAffinity Technologies,'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 BioAffinity Technologies,'s future performance. For an informed investment choice regarding BioAffinity Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioAffinity Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 BioAffinity Technologies,. If investors know BioAffinity 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 BioAffinity Technologies, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.91)
Revenue Per Share
0.744
Quarterly Revenue Growth
120.474
Return On Assets
(0.70)
Return On Equity
(1.52)
The market value of bioAffinity Technologies, is measured differently than its book value, which is the value of BioAffinity that is recorded on the company's balance sheet. Investors also form their own opinion of BioAffinity Technologies,'s value that differs from its market value or its book value, called intrinsic value, which is BioAffinity Technologies,'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 BioAffinity Technologies,'s market value can be influenced by many factors that don't directly affect BioAffinity Technologies,'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 BioAffinity Technologies,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if BioAffinity Technologies, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioAffinity Technologies,'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.