BioAffinity Debt Ratio from 2010 to 2024

BIAFW Stock  USD 0.72  0.03  4.00%   
BioAffinity Technologies Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.05 in 2024. During the period from 2010 to 2024, BioAffinity Technologies Debt Ratio regression line of quarterly data had mean square error of  297.46 and geometric mean of  2.66. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.05597131
Current Value
0.0532
Quarterly Volatility
16.67643709
 
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' 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.

Latest BioAffinity Technologies' Debt Ratio Growth Pattern

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

BioAffinity Debt Ratio Regression Statistics

Arithmetic Mean9.17
Geometric Mean2.66
Coefficient Of Variation181.85
Mean Deviation7.94
Median6.09
Standard Deviation16.68
Sample Variance278.10
Range68.704
R-Value0.08
Mean Square Error297.46
R-Squared0.01
Significance0.77
Slope0.31
Total Sum of Squares3,893

BioAffinity Debt Ratio History

2024 0.0532
2023 0.056
2022 0.0207
2021 7.82
2020 68.72

Other Fundumenentals of BioAffinity Technologies

BioAffinity Technologies Debt Ratio component correlations

0.78-0.85-0.80.810.51-0.330.95-0.570.950.810.98-0.910.950.98-0.42-0.42
0.78-0.96-0.520.50.5-0.80.74-0.950.760.40.8-0.820.770.82-0.47-0.47
-0.85-0.960.49-0.47-0.330.73-0.870.86-0.76-0.44-0.850.79-0.76-0.870.310.31
-0.8-0.520.49-0.91-0.84-0.08-0.670.32-0.85-0.87-0.860.9-0.88-0.830.80.8
0.810.5-0.47-0.910.79-0.020.62-0.330.930.890.8-0.850.930.78-0.63-0.63
0.510.5-0.33-0.840.79-0.10.29-0.460.690.590.6-0.790.730.58-0.95-0.95
-0.33-0.80.73-0.08-0.02-0.1-0.320.91-0.320.12-0.30.33-0.31-0.340.040.04
0.950.74-0.87-0.670.620.29-0.32-0.520.820.70.94-0.810.820.94-0.27-0.27
-0.57-0.950.860.32-0.33-0.460.91-0.52-0.6-0.16-0.60.67-0.61-0.630.440.44
0.950.76-0.76-0.850.930.69-0.320.82-0.60.830.93-0.941.00.93-0.55-0.55
0.810.4-0.44-0.870.890.590.120.7-0.160.830.78-0.740.820.75-0.47-0.47
0.980.8-0.85-0.860.80.6-0.30.94-0.60.930.78-0.960.941.0-0.56-0.56
-0.91-0.820.790.9-0.85-0.790.33-0.810.67-0.94-0.74-0.96-0.96-0.960.740.74
0.950.77-0.76-0.880.930.73-0.310.82-0.611.00.820.94-0.960.94-0.6-0.6
0.980.82-0.87-0.830.780.58-0.340.94-0.630.930.751.0-0.960.94-0.54-0.54
-0.42-0.470.310.8-0.63-0.950.04-0.270.44-0.55-0.47-0.560.74-0.6-0.541.0
-0.42-0.470.310.8-0.63-0.950.04-0.270.44-0.55-0.47-0.560.74-0.6-0.541.0
Click cells to compare fundamentals

About BioAffinity Technologies Financial Statements

BioAffinity Technologies investors use historical fundamental indicators, such as BioAffinity Technologies' Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in BioAffinity Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.06  0.05 
Cash Flow To Debt Ratio(13.12)(13.78)

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Additional Tools for BioAffinity Stock Analysis

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