BioAffinity Cash Ratio from 2010 to 2024

BIAF Stock  USD 1.17  0.02  1.68%   
BioAffinity Technologies,'s Cash Ratio is increasing over the last several years with slightly volatile swings. Cash Ratio is estimated to finish at 1.84 this year. During the period from 2010 to 2024 bioAffinity Technologies, Cash Ratio regressed destribution of quarterly values had coefficient of variationof  265.36 and r-value of  0.42. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
1.25524228
Current Value
1.84
Quarterly Volatility
2.55863379
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BioAffinity Technologies, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BioAffinity Technologies,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 262.1 K, Interest Expense of 35.3 K or Gross Profit of 831.2 K, as well as many indicators such as Price To Sales Ratio of 4.82, Dividend Yield of 0.0 or PTB Ratio of 2.78. BioAffinity financial statements analysis is a perfect complement when working with BioAffinity Technologies, Valuation or Volatility modules.
  
Check out the analysis of BioAffinity Technologies, Correlation against competitors.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.

Latest BioAffinity Technologies,'s Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of bioAffinity Technologies, over the last few years. It is BioAffinity Technologies,'s Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BioAffinity Technologies,'s overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

BioAffinity Cash Ratio Regression Statistics

Arithmetic Mean0.96
Geometric Mean0.19
Coefficient Of Variation265.36
Mean Deviation1.36
Median0.12
Standard Deviation2.56
Sample Variance6.55
Range10.0162
R-Value0.42
Mean Square Error5.78
R-Squared0.18
Significance0.12
Slope0.24
Total Sum of Squares91.65

BioAffinity Cash Ratio History

2024 1.84
2023 1.26
2022 10.02
2021 0.1
2020 0.007473

About BioAffinity Technologies, Financial Statements

BioAffinity Technologies, stakeholders use historical fundamental indicators, such as BioAffinity Technologies,'s Cash Ratio, to determine how well the company is positioned to perform in the future. Although BioAffinity Technologies, investors may analyze each financial statement separately, they are all interrelated. For example, changes in BioAffinity Technologies,'s assets and liabilities are reflected in the revenues and expenses on BioAffinity Technologies,'s income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in bioAffinity Technologies,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 1.26  1.84 

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 the analysis of BioAffinity Technologies, Correlation against competitors.
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.