Biomx Short Term Investments vs Total Current Assets Analysis

PHGE Stock

USD 0.71 0.11 18.33%

Biomx financial indicator trend analysis is way more than just evaluating Biomx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biomx Inc is a good investment. Please check the relationship between Biomx Short Term Investments and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomx Inc Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Biomx's Short Term Investments and Total Current Assets is 0.54. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Biomx Inc, assuming nothing else is changed. The correlation between historical values of Biomx's Short Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Biomx Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., Biomx's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Short Term Investments

Short Term Investments is an item under the current assets section of Biomx balance sheet. It contains any investments Biomx Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Biomx Inc can easily liquidate in the marketplace.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Biomx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomx Inc 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 Biomx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

The current year's Issuance Of Capital Stock is expected to grow to about 9.2 M, whereas Selling General Administrative is forecasted to decline to about 7.4 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	35.5M	27.2M	26.8M	22.4M
Research Development	22.7M	16.2M	19.0M	14.7M

Total Operating Expenses Research Development

Biomx fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital
Total Assets		0.68	0.89	0.77	0.87	0.0	0.83	-0.84	-0.66	0.85	0.9	0.96	-0.07	-0.72	0.96	-0.31	0.21	-0.95	0.46	0.72	0.81	0.84	0.85	0.76	-0.72	0.86
Short Long Term Debt Total	0.68		0.78	0.94	0.35	0.41	0.52	-0.59	-0.89	0.78	0.85	0.83	-0.12	-0.83	0.59	0.13	-0.16	-0.68	-0.2	0.99	0.8	0.78	0.91	0.99	-0.91	0.42
Other Current Liab	0.89	0.78		0.86	0.69	-0.04	0.63	-0.88	-0.69	0.96	0.96	0.9	-0.07	-0.69	0.84	-0.34	0.0	-0.79	0.12	0.82	0.76	0.9	0.83	0.85	-0.79	0.67
Total Current Liabilities	0.77	0.94	0.86		0.47	0.39	0.64	-0.64	-0.92	0.89	0.87	0.91	0.02	-0.82	0.68	0.1	-0.1	-0.77	-0.05	0.92	0.88	0.84	0.97	0.97	-0.97	0.5
Total Stockholder Equity	0.87	0.35	0.69	0.47		-0.4	0.73	-0.84	-0.26	0.64	0.68	0.75	-0.17	-0.41	0.96	-0.6	0.36	-0.79	0.73	0.41	0.52	0.64	0.58	0.44	-0.4	0.93
Other Liab	0.0	0.41	-0.04	0.39	-0.4		0.18	0.4	-0.66	0.04	0.02	0.21	0.36	-0.44	-0.21	0.89	-0.12	-0.19	-0.34	0.32	0.43	0.05	0.41	0.36	-0.48	-0.28
Net Tangible Assets	0.83	0.52	0.63	0.64	0.73	0.18		-0.5	-0.67	0.57	0.59	0.82	-0.2	-0.82	0.79	-0.15	0.13	-0.79	0.62	0.51	0.87	0.53	0.77	0.57	-0.58	0.87
Net Debt	-0.84	-0.59	-0.88	-0.64	-0.84	0.4	-0.5		0.38	-0.86	-0.9	-0.78	0.25	0.44	-0.9	0.57	-0.04	0.7	-0.26	-0.67	-0.54	-0.87	-0.64	-0.67	0.59	-0.74
Retained Earnings	-0.66	-0.89	-0.69	-0.92	-0.26	-0.66	-0.67	0.38		-0.72	-0.72	-0.83	-0.01	0.9	-0.5	-0.37	0.2	0.69	0.12	-0.85	-0.93	-0.7	-0.92	-0.9	0.93	-0.38
Accounts Payable	0.85	0.78	0.96	0.89	0.64	0.04	0.57	-0.86	-0.72		0.94	0.89	-0.02	-0.64	0.79	-0.18	-0.12	-0.75	0.03	0.81	0.78	0.96	0.84	0.86	-0.87	0.57
Cash	0.9	0.85	0.96	0.87	0.68	0.02	0.59	-0.9	-0.72	0.94		0.92	-0.15	-0.71	0.84	-0.24	-0.06	-0.81	0.05	0.9	0.77	0.95	0.85	0.9	-0.83	0.65
Non Current Assets Total	0.96	0.83	0.9	0.91	0.75	0.21	0.82	-0.78	-0.83	0.89	0.92		-0.03	-0.82	0.9	-0.11	0.11	-0.94	0.3	0.85	0.9	0.87	0.96	0.89	-0.87	0.76
Non Currrent Assets Other	-0.07	-0.12	-0.07	0.02	-0.17	0.36	-0.2	0.25	-0.01	-0.02	-0.15	-0.03		0.3	-0.16	0.34	0.61	-0.17	0.0	-0.14	-0.19	-0.09	0.01	-0.08	-0.05	-0.38
Other Assets	-0.72	-0.83	-0.69	-0.82	-0.41	-0.44	-0.82	0.44	0.9	-0.64	-0.71	-0.82	0.3		-0.6	-0.08	0.21	0.67	-0.09	-0.81	-0.95	-0.6	-0.86	-0.83	0.77	-0.62
Cash And Short Term Investments	0.96	0.59	0.84	0.68	0.96	-0.21	0.79	-0.9	-0.5	0.79	0.84	0.9	-0.16	-0.6		-0.49	0.27	-0.89	0.57	0.64	0.69	0.79	0.77	0.67	-0.61	0.92
Net Receivables	-0.31	0.13	-0.34	0.1	-0.6	0.89	-0.15	0.57	-0.37	-0.18	-0.24	-0.11	0.34	-0.08	-0.49		-0.27	0.12	-0.47	0.04	0.13	-0.11	0.09	0.06	-0.26	-0.55
Common Stock Total Equity	0.21	-0.16	0.0	-0.1	0.36	-0.12	0.13	-0.04	0.2	-0.12	-0.06	0.11	0.61	0.21	0.27	-0.27		-0.41	0.61	-0.14	-0.2	-0.16	0.03	-0.12	0.19	0.21
Common Stock Shares Outstanding	-0.95	-0.68	-0.79	-0.77	-0.79	-0.19	-0.79	0.7	0.69	-0.75	-0.81	-0.94	-0.17	0.67	-0.89	0.12	-0.41		-0.47	-0.71	-0.76	-0.75	-0.87	-0.74	0.73	-0.75
Short Term Investments	0.46	-0.2	0.12	-0.05	0.73	-0.34	0.62	-0.26	0.12	0.03	0.05	0.3	0.0	-0.09	0.57	-0.47	0.61	-0.47		-0.18	0.16	0.01	0.15	-0.13	0.12	0.72
Non Current Liabilities Total	0.72	0.99	0.82	0.92	0.41	0.32	0.51	-0.67	-0.85	0.81	0.9	0.85	-0.14	-0.81	0.64	0.04	-0.14	-0.71	-0.18		0.78	0.82	0.89	0.99	-0.89	0.46
Capital Surpluse	0.81	0.8	0.76	0.88	0.52	0.43	0.87	-0.54	-0.93	0.78	0.77	0.9	-0.19	-0.95	0.69	0.13	-0.2	-0.76	0.16	0.78		0.75	0.92	0.83	-0.87	0.66
Other Current Assets	0.84	0.78	0.9	0.84	0.64	0.05	0.53	-0.87	-0.7	0.96	0.95	0.87	-0.09	-0.6	0.79	-0.11	-0.16	-0.75	0.01	0.82	0.75		0.82	0.84	-0.86	0.56
Other Stockholder Equity	0.85	0.91	0.83	0.97	0.58	0.41	0.77	-0.64	-0.92	0.84	0.85	0.96	0.01	-0.86	0.77	0.09	0.03	-0.87	0.15	0.89	0.92	0.82		0.94	-0.94	0.63
Total Liab	0.76	0.99	0.85	0.97	0.44	0.36	0.57	-0.67	-0.9	0.86	0.9	0.89	-0.08	-0.83	0.67	0.06	-0.12	-0.74	-0.13	0.99	0.83	0.84	0.94		-0.94	0.48
Deferred Long Term Liab	-0.72	-0.91	-0.79	-0.97	-0.4	-0.48	-0.58	0.59	0.93	-0.87	-0.83	-0.87	-0.05	0.77	-0.61	-0.26	0.19	0.73	0.12	-0.89	-0.87	-0.86	-0.94	-0.94		-0.4
Net Invested Capital	0.86	0.42	0.67	0.5	0.93	-0.28	0.87	-0.74	-0.38	0.57	0.65	0.76	-0.38	-0.62	0.92	-0.55	0.21	-0.75	0.72	0.46	0.66	0.56	0.63	0.48	-0.4

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Biomx Account Relationship Matchups

Biomx fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Short Long Term Debt Total	1.2M	5.9M	20.0M	19.4M	15.1M	9.8M
Other Liab	585K	701K	215K	2.2M	2.5M	2.6M
Net Tangible Assets	42.8M	84.5M	57.5M	46.0M	52.9M	53.3M
Retained Earnings	(42.2M)	(72.3M)	(108.5M)	(136.8M)	(163.0M)	(154.8M)
Non Currrent Assets Other	70.9M	(70.9M)	7.5M	(28.9M)	33.1M	34.8M
Net Receivables	50K	276K	(108K)	567K	574K	602.7K
Common Stock Shares Outstanding	5.6M	2.3M	2.6M	3.0M	5.1M	3.4M
Net Invested Capital	84.5M	57.5M	61.9M	35.9M	14.3M	13.6M
Net Working Capital	78.3M	53.5M	55.6M	28.9M	6.5M	6.1M
Property Plant Equipment	887K	3.0M	6.7M	9.8M	11.3M	11.9M
Capital Lease Obligations	1.2M	5.9M	5.6M	4.5M	3.9M	3.9M
Property Plant And Equipment Gross	3.0M	6.7M	9.8M	8.7M	10.9M	7.3M
Non Current Liabilities Other	585K	701K	215K	188K	155K	147.3K

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When determining whether Biomx Inc is a strong investment it is important to analyze Biomx'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 Biomx's future performance. For an informed investment choice regarding Biomx Stock, refer to the following important reports:

How To Invest In Biomx

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Is Biomx Stock a good investment?

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What is Biomx's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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 Biomx. If investors know Biomx 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 Biomx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(3.26)

Return On Assets

(0.33)

Return On Equity

(1.21)

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

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Biomx Short Term Investments vs Total Current Assets Analysis

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Current Assets

Biomx fundamental ratios Correlations

Biomx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Biomx fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Other Stockholder Equity	+ 0.97	Total Current Liabilities
Total Liab	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.96	Total Assets

Deferred Long Term Liab	- 0.97	Total Current Liabilities
Capital Surpluse	- 0.95	Other Assets
Common Stock Shares Outstanding	- 0.95	Total Assets
Deferred Long Term Liab	- 0.94	Total Liab
Deferred Long Term Liab	- 0.94	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.94	Non Current Assets Total