BioAffinity Non Current Liabilities Total vs Common Stock Analysis

BIAFW Stock  USD 0.72  0.03  4.00%   
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 Non Current Liabilities Total and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioAffinity Technologies Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioAffinity Technologies Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between BioAffinity Technologies' Non Current Liabilities Total and Common Stock is -0.98. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of bioAffinity Technologies Warrant, assuming nothing else is changed. The correlation between historical values of BioAffinity Technologies' Non Current Liabilities Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of bioAffinity Technologies Warrant are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., BioAffinity Technologies' Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Common Stock

Most indicators from BioAffinity Technologies' 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 Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, BioAffinity Technologies' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 7.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M2.5M37.1K35.3K
Depreciation And Amortization4.8K10.2K249.6K262.1K

BioAffinity Technologies fundamental ratios Correlations

-0.55-0.08-0.510.780.56-0.85-0.80.810.920.53-0.470.920.51-0.541.00.97-0.330.95-0.570.950.81-0.98-0.50.980.56
-0.550.811.0-0.95-0.430.860.26-0.27-0.49-0.410.37-0.49-0.40.34-0.53-0.50.93-0.511.0-0.56-0.110.60.81-0.57-0.43
-0.080.810.84-0.61-0.010.53-0.270.2-0.090.00.05-0.090.010.11-0.060.00.91-0.080.78-0.090.450.120.83-0.080.0
-0.511.00.84-0.93-0.420.830.23-0.24-0.45-0.40.34-0.45-0.390.31-0.48-0.460.94-0.460.99-0.52-0.070.560.82-0.53-0.41
0.78-0.95-0.61-0.930.55-0.96-0.520.50.720.52-0.490.720.5-0.50.770.73-0.80.74-0.950.760.4-0.81-0.770.80.55
0.56-0.43-0.01-0.420.55-0.39-0.860.810.281.00.050.281.0-0.050.520.69-0.120.35-0.50.730.61-0.7-0.260.651.0
-0.850.860.530.83-0.96-0.390.49-0.47-0.86-0.350.62-0.86-0.330.64-0.85-0.750.73-0.870.86-0.76-0.440.830.75-0.85-0.39
-0.80.26-0.270.23-0.52-0.860.49-0.91-0.63-0.850.22-0.63-0.840.35-0.79-0.87-0.08-0.670.32-0.85-0.870.870.17-0.86-0.87
0.81-0.270.2-0.240.50.81-0.47-0.910.550.80.010.550.79-0.070.780.93-0.020.62-0.330.930.89-0.87-0.230.80.81
0.92-0.49-0.09-0.450.720.28-0.86-0.630.550.25-0.71.00.23-0.790.950.81-0.311.0-0.490.770.66-0.85-0.470.910.29
0.53-0.410.0-0.40.521.0-0.35-0.850.80.250.080.251.0-0.020.490.67-0.110.31-0.480.70.59-0.68-0.230.621.0
-0.470.370.050.34-0.490.050.620.220.01-0.70.08-0.70.090.82-0.5-0.30.29-0.660.35-0.23-0.310.360.07-0.50.05
0.92-0.49-0.09-0.450.720.28-0.86-0.630.551.00.25-0.70.23-0.790.950.81-0.311.0-0.490.770.66-0.85-0.470.910.29
0.51-0.40.01-0.390.51.0-0.33-0.840.790.231.00.090.230.00.470.65-0.10.29-0.460.690.59-0.66-0.220.61.0
-0.540.340.110.31-0.5-0.050.640.35-0.07-0.79-0.020.82-0.790.0-0.59-0.360.17-0.740.33-0.31-0.240.480.34-0.63-0.06
1.0-0.53-0.06-0.480.770.52-0.85-0.790.780.950.49-0.50.950.47-0.590.95-0.310.97-0.550.930.8-0.97-0.50.980.53
0.97-0.50.0-0.460.730.69-0.75-0.870.930.810.67-0.30.810.65-0.360.95-0.260.86-0.540.990.87-0.98-0.440.950.7
-0.330.930.910.94-0.8-0.120.73-0.08-0.02-0.31-0.110.29-0.31-0.10.17-0.31-0.26-0.320.91-0.320.120.340.77-0.3-0.12
0.95-0.51-0.08-0.460.740.35-0.87-0.670.621.00.31-0.661.00.29-0.740.970.86-0.32-0.520.820.7-0.89-0.480.940.36
-0.571.00.780.99-0.95-0.50.860.32-0.33-0.49-0.480.35-0.49-0.460.33-0.55-0.540.91-0.52-0.6-0.160.630.8-0.6-0.49
0.95-0.56-0.09-0.520.760.73-0.76-0.850.930.770.7-0.230.770.69-0.310.930.99-0.320.82-0.60.83-0.98-0.510.930.73
0.81-0.110.45-0.070.40.61-0.44-0.870.890.660.59-0.310.660.59-0.240.80.870.120.7-0.160.83-0.790.050.780.62
-0.980.60.120.56-0.81-0.70.830.87-0.87-0.85-0.680.36-0.85-0.660.48-0.97-0.980.34-0.890.63-0.98-0.790.55-0.98-0.71
-0.50.810.830.82-0.77-0.260.750.17-0.23-0.47-0.230.07-0.47-0.220.34-0.5-0.440.77-0.480.8-0.510.050.55-0.51-0.25
0.98-0.57-0.08-0.530.80.65-0.85-0.860.80.910.62-0.50.910.6-0.630.980.95-0.30.94-0.60.930.78-0.98-0.510.65
0.56-0.430.0-0.410.551.0-0.39-0.870.810.291.00.050.291.0-0.060.530.7-0.120.36-0.490.730.62-0.71-0.250.65
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BioAffinity Technologies Account Relationship Matchups

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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.