Beyond Historical Balance Sheet

XAIR Stock

USD 0.42 0.05 13.51%

Trend analysis of Beyond Air balance sheet accounts such as Total Assets of 68.8 M, Other Current Liab of 9.5 M, Total Current Liabilities of 14 M or Total Stockholder Equity of 19 M provides information on Beyond Air's total assets, liabilities, and equity, which is the actual value of Beyond Air to its prevalent stockholders. By breaking down trends over time using Beyond Air balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Beyond Air latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Beyond Air is a good buy for the upcoming year.

Beyond Air Inventory

1.73 Million

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Beyond Air. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.

About Beyond Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Beyond Air at a specified time, usually calculated after every quarter, six months, or one year. Beyond Air Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beyond Air and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Beyond currently owns. An asset can also be divided into two categories, current and non-current.

Beyond Air Balance Sheet Chart

At this time, Beyond Air's Non Current Assets Total are relatively stable compared to the past year. As of 01/18/2025, Non Currrent Assets Other is likely to grow to about 169.5 K, though Retained Earnings are likely to grow to (204.9 M).

Total Assets Total Current Liabilities Property Plant And Equipment Net Accounts Payable

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Total Assets

Total assets refers to the total amount of Beyond Air assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Beyond Air books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Beyond Air balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beyond Air are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Beyond Air obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Beyond Air are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Beyond Air's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Beyond Air current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Beyond Air. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.At this time, Beyond Air's Non Current Assets Total are relatively stable compared to the past year. As of 01/18/2025, Non Currrent Assets Other is likely to grow to about 169.5 K, though Retained Earnings are likely to grow to (204.9 M).

	2022	2023	2024	2025 (projected)
Cash	29.2M	11.4M	13.1M	17.7M
Accounts Payable	2.0M	1.9M	2.2M	2.4M

Cash Accounts Payable

Beyond Air balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Common Stock Total Equity	Capital Surpluse	Short Long Term Debt	Short Term Debt	Net Tangible Assets
Total Assets		0.51	0.88	0.93	0.78	-0.58	-0.87	0.77	0.82	0.82	0.32	0.16	0.95	0.91	0.79	0.59	0.9	0.89	0.96	-0.42	0.79	0.9	0.94	0.97	0.89	0.96
Other Current Liab	0.51		0.57	0.21	0.89	0.34	-0.8	0.69	0.02	0.87	0.18	-0.33	0.28	0.79	0.92	0.98	0.81	0.8	0.31	-0.24	0.91	0.53	0.74	0.68	0.83	0.4
Total Current Liabilities	0.88	0.57		0.72	0.84	-0.29	-0.92	0.84	0.54	0.87	0.4	-0.11	0.76	0.92	0.78	0.6	0.91	0.93	0.8	-0.4	0.75	0.84	0.94	0.91	0.88	0.79
Total Stockholder Equity	0.93	0.21	0.72		0.51	-0.82	-0.66	0.59	0.96	0.57	0.28	0.37	0.99	0.71	0.54	0.31	0.69	0.67	0.99	-0.38	0.55	0.84	0.76	0.83	0.68	0.97
Property Plant And Equipment Net	0.78	0.89	0.84	0.51		0.05	-0.96	0.78	0.31	1.0	0.17	-0.34	0.57	0.95	0.95	0.93	0.97	0.96	0.6	-0.29	0.96	0.78	0.93	0.88	0.97	0.66
Net Debt	-0.58	0.34	-0.29	-0.82	0.05		0.13	-0.15	-0.93	-0.02	-0.18	-0.63	-0.77	-0.21	-0.01	0.25	-0.18	-0.15	-0.74	0.22	-0.02	-0.43	-0.28	-0.4	-0.16	-0.68
Retained Earnings	-0.87	-0.8	-0.92	-0.66	-0.96	0.13		-0.86	-0.46	-0.97	-0.3	0.17	-0.72	-0.98	-0.93	-0.83	-0.98	-0.98	-0.75	0.39	-0.92	-0.88	-0.98	-0.94	-0.97	-0.79
Accounts Payable	0.77	0.69	0.84	0.59	0.78	-0.15	-0.86		0.44	0.79	0.49	0.07	0.65	0.88	0.81	0.68	0.86	0.87	0.68	-0.51	0.79	0.73	0.87	0.85	0.84	0.7
Cash	0.82	0.02	0.54	0.96	0.31	-0.93	-0.46	0.44		0.36	0.23	0.52	0.92	0.54	0.37	0.12	0.51	0.48	0.9	-0.33	0.38	0.67	0.59	0.69	0.5	0.88
Non Current Assets Total	0.82	0.87	0.87	0.57	1.0	-0.02	-0.97	0.79	0.36		0.2	-0.3	0.62	0.97	0.95	0.91	0.98	0.98	0.65	-0.31	0.96	0.81	0.95	0.91	0.98	0.71
Non Currrent Assets Other	0.32	0.18	0.4	0.28	0.17	-0.18	-0.3	0.49	0.23	0.2		0.55	0.33	0.33	0.31	0.11	0.29	0.32	0.32	-0.6	0.17	0.17	0.33	0.37	0.26	0.29
Other Assets	0.16	-0.33	-0.11	0.37	-0.34	-0.63	0.17	0.07	0.52	-0.3	0.55		0.35	-0.1	-0.11	-0.33	-0.13	-0.14	0.3	-0.51	-0.18	-0.02	-0.06	0.04	-0.15	0.25
Cash And Short Term Investments	0.95	0.28	0.76	0.99	0.57	-0.77	-0.72	0.65	0.92	0.62	0.33	0.35		0.76	0.61	0.37	0.75	0.73	1.0	-0.41	0.6	0.88	0.81	0.86	0.73	0.98
Common Stock Shares Outstanding	0.91	0.79	0.92	0.71	0.95	-0.21	-0.98	0.88	0.54	0.97	0.33	-0.1	0.76		0.94	0.83	1.0	0.99	0.79	-0.41	0.93	0.87	1.0	0.98	0.99	0.82
Non Current Liabilities Total	0.79	0.92	0.78	0.54	0.95	-0.01	-0.93	0.81	0.37	0.95	0.31	-0.11	0.61	0.94		0.93	0.95	0.95	0.63	-0.41	0.98	0.75	0.92	0.88	0.96	0.69
Other Current Assets	0.59	0.98	0.6	0.31	0.93	0.25	-0.83	0.68	0.12	0.91	0.11	-0.33	0.37	0.83	0.93		0.85	0.83	0.39	-0.24	0.95	0.61	0.79	0.74	0.88	0.49
Other Stockholder Equity	0.9	0.81	0.91	0.69	0.97	-0.18	-0.98	0.86	0.51	0.98	0.29	-0.13	0.75	1.0	0.95	0.85		0.99	0.77	-0.39	0.95	0.87	0.99	0.97	1.0	0.81
Total Liab	0.89	0.8	0.93	0.67	0.96	-0.15	-0.98	0.87	0.48	0.98	0.32	-0.14	0.73	0.99	0.95	0.83	0.99		0.76	-0.4	0.93	0.85	0.99	0.95	0.98	0.78
Total Current Assets	0.96	0.31	0.8	0.99	0.6	-0.74	-0.75	0.68	0.9	0.65	0.32	0.3	1.0	0.79	0.63	0.39	0.77	0.76		-0.41	0.62	0.91	0.83	0.88	0.75	0.98
Common Stock	-0.42	-0.24	-0.4	-0.38	-0.29	0.22	0.39	-0.51	-0.33	-0.31	-0.6	-0.51	-0.41	-0.41	-0.41	-0.24	-0.39	-0.4	-0.41		-0.34	-0.34	-0.42	-0.42	-0.36	-0.39
Short Long Term Debt Total	0.79	0.91	0.75	0.55	0.96	-0.02	-0.92	0.79	0.38	0.96	0.17	-0.18	0.6	0.93	0.98	0.95	0.95	0.93	0.62	-0.34		0.77	0.91	0.88	0.97	0.7
Common Stock Total Equity	0.9	0.53	0.84	0.84	0.78	-0.43	-0.88	0.73	0.67	0.81	0.17	-0.02	0.88	0.87	0.75	0.61	0.87	0.85	0.91	-0.34	0.77		0.89	0.89	0.86	0.92
Capital Surpluse	0.94	0.74	0.94	0.76	0.93	-0.28	-0.98	0.87	0.59	0.95	0.33	-0.06	0.81	1.0	0.92	0.79	0.99	0.99	0.83	-0.42	0.91	0.89		0.98	0.98	0.86
Short Long Term Debt	0.97	0.68	0.91	0.83	0.88	-0.4	-0.94	0.85	0.69	0.91	0.37	0.04	0.86	0.98	0.88	0.74	0.97	0.95	0.88	-0.42	0.88	0.89	0.98		0.96	0.91
Short Term Debt	0.89	0.83	0.88	0.68	0.97	-0.16	-0.97	0.84	0.5	0.98	0.26	-0.15	0.73	0.99	0.96	0.88	1.0	0.98	0.75	-0.36	0.97	0.86	0.98	0.96		0.81
Net Tangible Assets	0.96	0.4	0.79	0.97	0.66	-0.68	-0.79	0.7	0.88	0.71	0.29	0.25	0.98	0.82	0.69	0.49	0.81	0.78	0.98	-0.39	0.7	0.92	0.86	0.91	0.81

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Beyond Air Account Relationship Matchups

Beyond Air balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	40.5M	99.2M	68.7M	57.0M	65.5M	68.8M
Other Current Liab	1.8M	1K	(1K)	7.8M	9.0M	9.5M
Total Current Liabilities	3.8M	10.7M	19.8M	11.6M	13.3M	14.0M
Total Stockholder Equity	30.5M	72.7M	37.9M	25.0M	28.8M	19.0M
Property Plant And Equipment Net	2.8M	4.2M	7.5M	11.5M	13.2M	13.9M
Net Debt	(27.7M)	(76.8M)	(25.6M)	6.5M	5.8M	6.1M
Retained Earnings	(80.5M)	(123.6M)	(179.5M)	(239.7M)	(215.7M)	(204.9M)
Accounts Payable	1.3M	1.1M	2.0M	1.9M	2.2M	2.4M
Cash	34.6M	80.2M	29.2M	11.4M	13.1M	17.7M
Non Current Assets Total	3.3M	6.3M	9.3M	13.0M	15.0M	15.7M
Cash And Short Term Investments	34.6M	80.2M	45.9M	34.5M	39.6M	23.2M
Common Stock Shares Outstanding	18.0M	25.7M	30.0M	33.2M	38.1M	40.0M
Non Current Liabilities Total	6.3M	10.3M	6.9M	18.2M	20.9M	22.0M
Other Current Assets	2.6M	508K	338K	6.8M	7.8M	8.2M
Other Stockholder Equity	110.9M	196.2M	217.3M	264.8M	304.5M	319.7M
Total Liab	10.1M	21.0M	26.7M	29.8M	34.2M	36.0M
Total Current Assets	37.2M	92.9M	59.4M	43.9M	50.5M	27.8M
Common Stock	1.6K	2K	3K	5K	4.5K	3.5K
Short Long Term Debt Total	6.9M	9.4M	5.8M	17.8M	20.5M	21.5M
Common Stock Total Equity	871.0	1.6K	2.2K	3K	3.5K	1.8K
Liabilities And Stockholders Equity	40.5M	99.2M	68.7M	57.0M	65.5M	34.3M
Accumulated Other Comprehensive Income	1K	96K	53K	(15K)	(17.3K)	(18.1K)
Capital Surpluse	75.7M	110.9M	196.3M	217.3M	249.9M	262.4M
Short Long Term Debt	556.5K	927K	775K	800K	920K	966K
Short Term Debt	670K	1.2M	1.2M	1.6M	1.9M	2.0M
Net Tangible Assets	17.7M	30.5M	72.7M	37.9M	43.6M	23.4M
Current Deferred Revenue	1.8M	8.4M	16.6M	138K	158.7K	150.8K
Long Term Debt	4.5M	8.2M	4.6M	14.7M	16.9M	17.8M
Net Receivables	466K	604K	651K	548K	630.2K	361.4K
Inventory	1.9M	350K	1.1M	2.1M	2.4M	1.7M
Property Plant Equipment	340.1K	928.8K	2.0M	5.0M	5.8M	6.0M
Net Invested Capital	35.5M	73.8M	38.8M	40.6M	46.7M	32.6M
Property Plant And Equipment Gross	2.8M	5.0M	8.8M	14.5M	16.7M	17.5M
Net Working Capital	33.4M	82.2M	39.6M	32.4M	37.2M	33.5M
Capital Stock	1.6K	2.2K	3K	5K	5.8K	6.0K
Intangible Assets	375K	1.8M	1.6M	1.4M	1.6M	1.1M

Pair Trading with Beyond Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beyond Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beyond Air will appreciate offsetting losses from the drop in the long position's value.

Moving together with Beyond Stock

0.63

Laboratory

Pair Corr

Moving against Beyond Stock

0.62	FIGS	Figs Inc	Pair Corr
0.55	VERO	Venus Concept	Pair Corr
0.34	ELAB	Elevai Labs, Common	Pair Corr
0.33	VTAK	Catheter Precision	Pair Corr
0.31	EKSO	Ekso Bionics Holdings	Pair Corr

The ability to find closely correlated positions to Beyond Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beyond Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beyond Air to buy it.

The correlation of Beyond Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beyond Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond Air moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Beyond Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Beyond Stock Analysis

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

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Beyond Historical Balance Sheet

Beyond Air Inventory

1.73 Million

About Beyond Balance Sheet Analysis

Beyond Air Balance Sheet Chart

Total Assets

Total Current Liabilities

Property Plant And Equipment Net

Accounts Payable

Beyond Air balance sheet Correlations

Beyond Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beyond Air balance sheet Accounts

Pair Trading with Beyond Air

Moving together with Beyond Stock

Moving against Beyond Stock

Additional Tools for Beyond Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Capital Surpluse	+ 1.0	Common Stock Shares Outstanding
Short Term Debt	+ 1.0	Other Stockholder Equity
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity

Capital Surpluse	- 0.98	Retained Earnings
Total Liab	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Short Term Debt	- 0.97	Retained Earnings
Non Current Assets Total	- 0.97	Retained Earnings