>

BIOTRICITY Current Ratio Trend from 2010 to 2020

<div class='circular--portrait' style='background:#754DEB;color: white;font-size:4em;padding-top: 25px;;'>BI</div>
BTCY -- USA Stock  

USD 1.22  0.28  18.67%

BIOTRICITY INC Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely outpace its year average in 2020. During the period from 2010 to 2020, BIOTRICITY INC Current Ratio regression line of anual values had r-squared of 0.00050293 and arithmetic mean of  0.46. BIOTRICITY INC Operating Expenses is fairly stable at the moment as compared to the last year. BIOTRICITY INC reported Operating Expenses of 4.97 Million in 2019. Research and Development Expense is likely to grow to about 1.3 M in 2020, whereas Consolidated Income is likely to drop (7.9 M) in 2020. Check BIOTRICITY INC fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Gross Profit of 149.5 K, Operating Expenses of 6.1 M or Revenues of 968.7 K, as well as many exotic indicators such as Asset Turnover of 0.3203, Current Ratio of 0.11 or Gross Margin of 0.8947. This can be a perfect complement to check BIOTRICITY INC Valuation or Volatility. It can also complement various BIOTRICITY INC Technical models. Continue to the analysis of BIOTRICITY INC Correlation with competitors.
Equity
Refresh

BIOTRICITY Current Ratio Marginal Breakdown

Showing smoothed Current Ratio of BIOTRICITY INC with missing and latest data points interpolated. The ratio between current assets and current liabilities; for companies that operate a classified balance sheet.
View

0.11 

          10 Years Trend
Decreasing
Very volatile
 Current Ratio 
    
  Timeline 

BIOTRICITY Current Ratio Regression Statistics

Arithmetic Mean 0.46
Geometric Mean 0.12
Coefficient Of Variation 191.71
Mean Deviation 0.58
Median 0.09
Standard Deviation 0.89
Sample Variance 0.79
Range 2.95
R-Value(0.022426)
Mean Square Error 0.88
R-Squared 0.00050293
Significance 0.95
Slope(0.006018)
Total Sum of Squares 7.92

BIOTRICITY Current Ratio Over Time

2017  1.19 
2018  0.20 
2020  0.11 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  

BIOTRICITY INC Fundamental Drivers

BIOTRICITY INC Fundamental Market Drivers

Average Daily Volume Last 10 Day370.56k
Average Daily Volume In Three Month133.97k
Fifty Day Average1.0718
Two Hundred Day Average0.6721
Continue to the analysis of BIOTRICITY INC Correlation with competitors. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.