Biomerica Short Term Debt vs Current Deferred Revenue Analysis

BMRA Stock

USD 0.28 0.02 6.67%

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

For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.

Short Term Debt vs Current Deferred Revenue

Short Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomerica Short Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Biomerica's Short Term Debt and Current Deferred Revenue is 0.88. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Biomerica, assuming nothing else is changed. The correlation between historical values of Biomerica's Short Term Debt and Current Deferred Revenue 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 Debt of Biomerica are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Debt i.e., Biomerica's Short Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Short Term Debt

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.At present, Biomerica's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 9.1 M, whereas Selling General Administrative is forecasted to decline to about 5.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0M	446K	611K	580.5K
Total Revenue	18.9M	5.3M	5.4M	7.6M

Gross Profit Total Revenue

Biomerica fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.27	0.68	0.98	0.91	-0.82	-0.48	0.91	0.77	0.43	0.91	0.23	0.42	0.81	0.5	0.71	0.6	0.88	0.65	0.99	0.34	-0.06	0.14	-0.07	0.64	0.46
Other Current Liab	0.27		0.7	0.12	0.1	-0.57	-0.71	0.46	-0.03	0.28	0.46	-0.55	0.61	0.13	-0.15	-0.14	0.7	0.48	0.72	0.32	-0.09	-0.29	0.46	0.3	0.19	0.68
Total Current Liabilities	0.68	0.7		0.54	0.59	-0.65	-0.79	0.7	0.4	0.53	0.7	-0.15	0.69	0.68	0.36	0.21	0.8	0.92	0.84	0.7	0.33	-0.23	0.3	-0.03	0.73	0.72
Total Stockholder Equity	0.98	0.12	0.54		0.87	-0.79	-0.31	0.89	0.75	0.3	0.89	0.28	0.26	0.73	0.44	0.74	0.44	0.78	0.5	0.97	0.28	0.02	0.07	-0.07	0.56	0.3
Property Plant And Equipment Net	0.91	0.1	0.59	0.87		-0.56	-0.48	0.7	0.91	0.57	0.7	0.39	0.47	0.84	0.71	0.66	0.59	0.85	0.64	0.86	0.32	-0.17	0.04	-0.24	0.71	0.45
Net Debt	-0.82	-0.57	-0.65	-0.79	-0.56		0.38	-0.97	-0.33	-0.15	-0.97	0.26	-0.25	-0.51	0.03	-0.44	-0.49	-0.72	-0.57	-0.87	-0.15	-0.09	-0.44	-0.3	-0.29	-0.35
Retained Earnings	-0.48	-0.71	-0.79	-0.31	-0.48	0.38		-0.39	-0.44	-0.53	-0.39	0.07	-0.98	-0.45	-0.54	-0.04	-0.98	-0.68	-0.93	-0.46	-0.1	0.58	0.07	0.37	-0.74	-0.98
Cash	0.91	0.46	0.7	0.89	0.7	-0.97	-0.39		0.48	0.24	1.0	-0.14	0.27	0.63	0.12	0.52	0.5	0.81	0.59	0.94	0.2	0.08	0.38	0.21	0.44	0.34
Non Current Assets Total	0.77	-0.03	0.4	0.75	0.91	-0.33	-0.44	0.48		0.48	0.48	0.53	0.47	0.69	0.78	0.57	0.54	0.67	0.57	0.69	0.21	-0.22	-0.13	-0.33	0.66	0.43
Non Currrent Assets Other	0.43	0.28	0.53	0.3	0.57	-0.15	-0.53	0.24	0.48		0.24	0.29	0.56	0.64	0.61	0.31	0.57	0.62	0.46	0.4	0.27	-0.16	0.2	-0.07	0.56	0.55
Cash And Short Term Investments	0.91	0.46	0.7	0.89	0.7	-0.97	-0.39	1.0	0.48	0.24		-0.14	0.27	0.63	0.12	0.52	0.5	0.81	0.59	0.94	0.2	0.08	0.38	0.21	0.44	0.34
Net Receivables	0.23	-0.55	-0.15	0.28	0.39	0.26	0.07	-0.14	0.53	0.29	-0.14		0.05	0.44	0.62	0.54	-0.02	0.08	-0.11	0.16	0.4	-0.12	-0.52	-0.45	0.29	0.01
Common Stock Shares Outstanding	0.42	0.61	0.69	0.26	0.47	-0.25	-0.98	0.27	0.47	0.56	0.27	0.05		0.43	0.63	0.07	0.96	0.61	0.89	0.39	0.13	-0.61	-0.19	-0.48	0.73	0.99
Non Current Liabilities Total	0.81	0.13	0.68	0.73	0.84	-0.51	-0.45	0.63	0.69	0.64	0.63	0.44	0.43		0.65	0.61	0.54	0.85	0.55	0.79	0.68	-0.01	0.14	-0.17	0.67	0.43
Inventory	0.5	-0.15	0.36	0.44	0.71	0.03	-0.54	0.12	0.78	0.61	0.12	0.62	0.63	0.65		0.43	0.57	0.54	0.48	0.42	0.39	-0.39	-0.46	-0.72	0.8	0.56
Other Current Assets	0.71	-0.14	0.21	0.74	0.66	-0.44	-0.04	0.52	0.57	0.31	0.52	0.54	0.07	0.61	0.43		0.16	0.48	0.2	0.7	0.52	0.0	-0.14	-0.16	0.3	0.1
Other Stockholder Equity	0.6	0.7	0.8	0.44	0.59	-0.49	-0.98	0.5	0.54	0.57	0.5	-0.02	0.96	0.54	0.57	0.16		0.75	0.96	0.58	0.15	-0.53	-0.02	-0.32	0.74	0.98
Total Liab	0.88	0.48	0.92	0.78	0.85	-0.72	-0.68	0.81	0.67	0.62	0.81	0.08	0.61	0.85	0.54	0.48	0.75		0.8	0.88	0.41	-0.14	0.27	-0.07	0.78	0.63
Property Plant And Equipment Gross	0.65	0.72	0.84	0.5	0.64	-0.57	-0.93	0.59	0.57	0.46	0.59	-0.11	0.89	0.55	0.48	0.2	0.96	0.8		0.64	0.14	-0.49	0.1	-0.23	0.69	0.89
Total Current Assets	0.99	0.32	0.7	0.97	0.86	-0.87	-0.46	0.94	0.69	0.4	0.94	0.16	0.39	0.79	0.42	0.7	0.58	0.88	0.64		0.35	-0.03	0.18	-0.02	0.6	0.44
Accounts Payable	0.34	-0.09	0.33	0.28	0.32	-0.15	-0.1	0.2	0.21	0.27	0.2	0.4	0.13	0.68	0.39	0.52	0.15	0.41	0.14	0.35		0.24	0.01	-0.19	0.28	0.13
Short Long Term Debt Total	-0.06	-0.29	-0.23	0.02	-0.17	-0.09	0.58	0.08	-0.22	-0.16	0.08	-0.12	-0.61	-0.01	-0.39	0.0	-0.53	-0.14	-0.49	-0.03	0.24		0.49	0.54	-0.35	-0.57
Short Term Debt	0.14	0.46	0.3	0.07	0.04	-0.44	0.07	0.38	-0.13	0.2	0.38	-0.52	-0.19	0.14	-0.46	-0.14	-0.02	0.27	0.1	0.18	0.01	0.49		0.88	-0.28	-0.14
Intangible Assets	-0.07	0.3	-0.03	-0.07	-0.24	-0.3	0.37	0.21	-0.33	-0.07	0.21	-0.45	-0.48	-0.17	-0.72	-0.16	-0.32	-0.07	-0.23	-0.02	-0.19	0.54	0.88		-0.58	-0.4
Common Stock Total Equity	0.64	0.19	0.73	0.56	0.71	-0.29	-0.74	0.44	0.66	0.56	0.44	0.29	0.73	0.67	0.8	0.3	0.74	0.78	0.69	0.6	0.28	-0.35	-0.28	-0.58		0.7
Common Stock	0.46	0.68	0.72	0.3	0.45	-0.35	-0.98	0.34	0.43	0.55	0.34	0.01	0.99	0.43	0.56	0.1	0.98	0.63	0.89	0.44	0.13	-0.57	-0.14	-0.4	0.7

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Biomerica Account Relationship Matchups

Biomerica fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.3M	11.8M	11.4M	14.5M	9.3M	7.4M
Other Current Liab	278.6K	213.3K	848.6K	1.2M	1.5M	1.6M
Total Current Liabilities	1.5M	1.3M	2.0M	1.9M	2.2M	1.3M
Total Stockholder Equity	14.2M	9.2M	8.3M	11.7M	6.6M	4.5M
Property Plant And Equipment Net	2.0M	1.9M	1.5M	1.2M	943K	693.1K
Net Debt	(6.9M)	(2.6M)	(4.5M)	(8.6M)	(3.4M)	(3.2M)
Retained Earnings	(21.9M)	(28.4M)	(35.1M)	(42.2M)	(48.2M)	(45.8M)
Cash	8.6M	4.2M	5.9M	9.7M	4.2M	2.2M
Non Current Assets Total	2.5M	2.6M	1.9M	1.7M	1.5M	1.4M
Non Currrent Assets Other	168.2K	264.2K	95.6K	79K	203K	166.8K
Cash And Short Term Investments	8.6M	4.2M	5.9M	9.7M	4.2M	2.2M
Net Receivables	1.8M	1.5M	773.8K	722K	947K	950.1K
Common Stock Shares Outstanding	10.2M	11.9M	12.7M	14.2M	16.8M	17.7M
Liabilities And Stockholders Equity	17.3M	11.8M	11.4M	14.5M	9.3M	7.4M
Non Current Liabilities Total	1.6M	1.3M	1.0M	785K	459K	436.1K
Inventory	2.9M	3.2M	2.4M	2.1M	2.4M	2.2M
Other Current Assets	1.5M	370.3K	320.7K	300K	238K	285.8K
Other Stockholder Equity	35.2M	38.8M	42.4M	52.7M	53.5M	56.2M
Total Liab	3.0M	2.6M	3.0M	2.7M	2.7M	1.5M
Property Plant And Equipment Gross	2.0M	1.9M	3.5M	3.2M	3.2M	3.4M
Total Current Assets	14.8M	9.2M	9.4M	12.8M	7.7M	6.0M
Accumulated Other Comprehensive Income	(39.8K)	(48.0K)	(73.9K)	(110K)	(102K)	(107.1K)
Accounts Payable	986.7K	431K	736K	344K	288K	565.5K
Intangible Assets	168.7K	294.8K	170K	165K	212K	273.3K
Common Stock Total Equity	711.0K	774.2K	939.2K	984.6K	1.1M	622.7K
Common Stock	939.2K	984.6K	1.0M	1.3M	1.5M	1.6M
Other Assets	168.2K	264.2K	363.0	79K	90.9K	86.3K
Property Plant Equipment	2.0M	1.9M	1.5M	1.2M	1.4M	1.5M
Net Tangible Assets	14.0M	8.9M	8.2M	11.6M	13.3M	7.8M
Net Invested Capital	14.2M	9.2M	8.3M	11.7M	6.6M	8.6M
Net Working Capital	13.3M	7.9M	7.4M	10.9M	5.5M	7.6M
Capital Stock	964.9K	984.6K	1.0M	1.3M	1.5M	1.2M

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When determining whether Biomerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biomerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomerica Stock:

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Is Biomerica Stock a good investment?

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What is Biomerica's Net Worth?

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Largest Health Care Equipment & Supplies Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Health Care Equipment & Supplies 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 Biomerica. If investors know Biomerica 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 Biomerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.37)

Revenue Per Share

0.327

Quarterly Revenue Growth

0.055

Return On Assets

(0.39)

Return On Equity

(0.76)

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

Short Term Debt vs Current Deferred Revenue

Short Term Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Short Term Debt

Current Deferred Revenue

Biomerica fundamental ratios Correlations

Biomerica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Biomerica fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.98	Total Assets
Common Stock	+ 0.98	Other Stockholder Equity
Total Current Assets	+ 0.97	Total Stockholder Equity

Common Stock	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Property Plant And Equipment Gross	- 0.93	Retained Earnings