Bionano Cash And Short Term Investments vs Retained Earnings Analysis

BNGO Stock

USD 0.87 0.02 2.25%

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

To learn how to invest in Bionano Stock, please use our How to Invest in Bionano Genomics guide.

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bionano Genomics Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Bionano Genomics' Cash And Short Term Investments and Retained Earnings is -0.57. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Bionano Genomics, assuming nothing else is changed. The correlation between historical values of Bionano Genomics' Cash And Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Bionano Genomics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Bionano Genomics' Cash And Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Bionano Genomics balance sheet. This account contains Bionano Genomics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bionano Genomics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

To learn how to invest in Bionano Stock, please use our How to Invest in Bionano Genomics guide.At this time, Bionano Genomics' Tax Provision is very stable compared to the past year. As of the 9th of June 2024, Selling General Administrative is likely to grow to about 98.2 M, while Enterprise Value Over EBITDA is likely to drop (0.83).

	2021	2022	2023	2024 (projected)
Interest Expense	927K	298K	5.1M	5.4M
Depreciation And Amortization	177K	1.3M	13.7M	14.4M

Interest Expense Depreciation And Amortization

Bionano Genomics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.35	0.64	0.47	0.98	0.79	0.95	0.8	0.84	0.15	-0.67	0.94	0.42	0.95	0.01	0.72	0.96	0.67	0.85	0.86	0.72	-0.35	0.86	0.8	0.91	0.17
Short Long Term Debt Total	0.35		0.04	0.98	0.24	0.78	0.56	0.78	0.42	0.83	-0.91	0.49	0.89	0.31	0.59	0.48	0.3	0.68	0.73	0.76	0.48	-0.39	0.76	0.68	0.48	0.14
Other Current Liab	0.64	0.04		0.23	0.61	0.59	0.45	0.6	0.77	0.21	-0.39	0.68	-0.1	0.82	0.24	0.23	0.45	0.27	0.5	0.53	0.23	0.2	0.51	0.71	0.73	0.38
Total Current Liabilities	0.47	0.98	0.23		0.36	0.88	0.64	0.87	0.54	0.87	-0.95	0.62	0.82	0.47	0.59	0.53	0.39	0.75	0.79	0.83	0.53	-0.35	0.84	0.8	0.6	0.22
Total Stockholder Equity	0.98	0.24	0.61	0.36		0.71	0.92	0.72	0.77	0.01	-0.58	0.89	0.36	0.92	-0.12	0.69	0.96	0.59	0.79	0.79	0.69	-0.4	0.8	0.73	0.85	0.1
Other Liab	0.79	0.78	0.59	0.88	0.71		0.86	1.0	0.82	0.69	-0.95	0.87	0.66	0.81	0.51	0.59	0.68	0.77	0.92	0.97	0.59	-0.3	0.97	0.96	0.86	0.19
Net Tangible Assets	0.95	0.56	0.45	0.64	0.92	0.86		0.86	0.76	0.29	-0.78	0.88	0.64	0.85	0.13	0.72	0.95	0.69	0.91	0.92	0.72	-0.46	0.93	0.8	0.83	0.13
Property Plant And Equipment Net	0.8	0.78	0.6	0.87	0.72	1.0	0.86		0.83	0.66	-0.95	0.88	0.68	0.82	0.49	0.62	0.7	0.76	0.94	0.98	0.62	-0.3	0.97	0.97	0.88	0.24
Current Deferred Revenue	0.84	0.42	0.77	0.54	0.77	0.82	0.76	0.83		0.36	-0.7	0.86	0.37	0.89	0.32	0.55	0.71	0.59	0.77	0.81	0.55	-0.19	0.79	0.85	0.91	0.37
Net Debt	0.15	0.83	0.21	0.87	0.01	0.69	0.29	0.66	0.36		-0.72	0.34	0.48	0.22	0.78	0.13	0.03	0.53	0.44	0.53	0.13	-0.03	0.53	0.61	0.33	0.22
Retained Earnings	-0.67	-0.91	-0.39	-0.95	-0.58	-0.95	-0.78	-0.95	-0.7	-0.72		-0.8	-0.83	-0.68	-0.47	-0.69	-0.57	-0.83	-0.93	-0.95	-0.69	0.43	-0.95	-0.91	-0.8	-0.16
Accounts Payable	0.94	0.49	0.68	0.62	0.89	0.87	0.88	0.88	0.86	0.34	-0.8		0.49	0.96	0.1	0.81	0.83	0.83	0.89	0.9	0.81	-0.38	0.91	0.91	0.98	0.19
Cash	0.42	0.89	-0.1	0.82	0.36	0.66	0.64	0.68	0.37	0.48	-0.83	0.49		0.31	0.29	0.65	0.44	0.63	0.79	0.75	0.65	-0.59	0.75	0.57	0.48	0.03
Non Current Assets Total	0.95	0.31	0.82	0.47	0.92	0.81	0.85	0.82	0.89	0.22	-0.68	0.96	0.31		0.08	0.67	0.83	0.67	0.82	0.84	0.67	-0.27	0.84	0.88	0.96	0.2
Non Currrent Assets Other	0.01	0.59	0.24	0.59	-0.12	0.51	0.13	0.49	0.32	0.78	-0.47	0.1	0.29	0.08		-0.28	-0.07	0.07	0.25	0.35	-0.28	0.41	0.31	0.38	0.15	0.18
Long Term Debt	0.72	0.48	0.23	0.53	0.69	0.59	0.72	0.62	0.55	0.13	-0.69	0.81	0.65	0.67	-0.28		0.68	0.85	0.79	0.72	1.0	-0.7	0.75	0.65	0.77	0.11
Cash And Short Term Investments	0.96	0.3	0.45	0.39	0.96	0.68	0.95	0.7	0.71	0.03	-0.57	0.83	0.44	0.83	-0.07	0.68		0.56	0.78	0.78	0.68	-0.37	0.78	0.64	0.77	0.14
Net Receivables	0.67	0.68	0.27	0.75	0.59	0.77	0.69	0.76	0.59	0.53	-0.83	0.83	0.63	0.67	0.07	0.85	0.56		0.76	0.77	0.85	-0.63	0.82	0.79	0.79	-0.04
Common Stock Total Equity	0.85	0.73	0.5	0.79	0.79	0.92	0.91	0.94	0.77	0.44	-0.93	0.89	0.79	0.82	0.25	0.79	0.78	0.76		0.99	0.79	-0.46	0.98	0.91	0.89	0.21
Common Stock Shares Outstanding	0.86	0.76	0.53	0.83	0.79	0.97	0.92	0.98	0.81	0.53	-0.95	0.9	0.75	0.84	0.35	0.72	0.78	0.77	0.99		0.72	-0.4	0.99	0.94	0.89	0.22
Long Term Debt Total	0.72	0.48	0.23	0.53	0.69	0.59	0.72	0.62	0.55	0.13	-0.69	0.81	0.65	0.67	-0.28	1.0	0.68	0.85	0.79	0.72		-0.7	0.75	0.65	0.77	0.11
Non Current Liabilities Total	-0.35	-0.39	0.2	-0.35	-0.4	-0.3	-0.46	-0.3	-0.19	-0.03	0.43	-0.38	-0.59	-0.27	0.41	-0.7	-0.37	-0.63	-0.46	-0.4	-0.7		-0.47	-0.33	-0.36	0.33
Capital Surpluse	0.86	0.76	0.51	0.84	0.8	0.97	0.93	0.97	0.79	0.53	-0.95	0.91	0.75	0.84	0.31	0.75	0.78	0.82	0.98	0.99	0.75	-0.47		0.94	0.89	0.15
Inventory	0.8	0.68	0.71	0.8	0.73	0.96	0.8	0.97	0.85	0.61	-0.91	0.91	0.57	0.88	0.38	0.65	0.64	0.79	0.91	0.94	0.65	-0.33	0.94		0.93	0.22
Other Current Assets	0.91	0.48	0.73	0.6	0.85	0.86	0.83	0.88	0.91	0.33	-0.8	0.98	0.48	0.96	0.15	0.77	0.77	0.79	0.89	0.89	0.77	-0.36	0.89	0.93		0.19
Other Stockholder Equity	0.17	0.14	0.38	0.22	0.1	0.19	0.13	0.24	0.37	0.22	-0.16	0.19	0.03	0.2	0.18	0.11	0.14	-0.04	0.21	0.22	0.11	0.33	0.15	0.22	0.19

Click cells to compare fundamentals

Bionano Genomics Account Relationship Matchups

Bionano Genomics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.2M	60.4M	377.1M	307.5M	214.4M	142.9M
Short Long Term Debt Total	20.0M	16.3M	10.7M	11.7M	87.9M	92.3M
Other Current Liab	3.2M	5.6M	9.7M	19.9M	8.1M	8.9M
Total Current Liabilities	26.3M	8.9M	21.8M	35.9M	100.0M	105.0M
Total Stockholder Equity	3.6M	35.1M	337.1M	249.4M	96.2M	89.9M
Other Liab	227.1K	97.9K	9.2M	13.1M	15.1M	15.8M
Net Tangible Assets	3.6M	26.4M	337.1M	172.1M	197.9M	207.8M
Property Plant And Equipment Net	1.9M	4.9M	20.9M	29.0M	32.5M	34.1M
Current Deferred Revenue	357.5K	415.5K	684K	871K	783K	555.6K
Net Debt	2.7M	(22.1M)	(13.9M)	6.6M	34.9M	36.6M
Retained Earnings	(102.6M)	(143.7M)	(216.1M)	(348.7M)	(581.2M)	(552.1M)
Accounts Payable	2.7M	2.9M	9.7M	12.5M	10.4M	5.9M
Cash	17.3M	38.4M	24.6M	5.1M	53.1M	55.7M
Non Current Assets Total	1.9M	13.7M	104.7M	150.2M	74.3M	48.6M
Non Currrent Assets Other	(1.9M)	102.6K	749K	2.8M	7.4M	7.8M
Cash And Short Term Investments	17.3M	38.4M	250.6M	113.2M	101.9M	74.8M
Net Receivables	6.3M	2.8M	4.9M	7.0M	9.7M	5.6M
Common Stock Total Equity	3.4K	19.0K	29K	30K	34.5K	36.2K
Common Stock Shares Outstanding	1.5M	10.4M	27.7M	28.9M	34.2M	35.9M
Liabilities And Stockholders Equity	30.3M	60.4M	377.1M	307.5M	214.4M	142.9M
Non Current Liabilities Total	335.0K	16.4M	18.1M	22.2M	18.2M	16.2M
Capital Surpluse	106.2M	178.7M	553.7M	599.2M	689.1M	723.5M
Inventory	3.4M	3.3M	12.4M	29.8M	22.9M	24.0M
Other Current Assets	1.2M	2.2M	4.5M	7.3M	5.7M	3.2M
Other Stockholder Equity	106.2M	178.7M	553.7M	599.2M	677.3M	711.2M
Total Liab	26.6M	25.4M	40.0M	58.1M	118.2M	124.2M
Property Plant And Equipment Gross	1.9M	4.9M	10.3M	29.0M	51.6M	54.1M
Total Current Assets	28.3M	46.8M	272.4M	157.3M	140.1M	94.3M
Non Current Liabilities Other	808.4K	44.5K	18.0M	22.1M	10.9M	8.4M
Common Stock	3.4K	19.0K	29K	30K	5K	4.8K
Property Plant Equipment	1.9M	4.9M	10.3M	18.0M	20.7M	21.8M
Net Invested Capital	23.7M	51.4M	337.1M	249.4M	166.0M	126.2M
Net Working Capital	1.9M	37.8M	250.6M	121.4M	40.1M	72.4M
Retained Earnings Total Equity	(102.6M)	(143.7M)	(216.1M)	(348.7M)	(313.8M)	(298.2M)
Deferred Long Term Liab	182.6K	97.9K	146K	127K	114.3K	137.3K

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Additional Information and Resources on Investing in Bionano Stock

When determining whether Bionano Genomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bionano Genomics' 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 Bionano Genomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bionano Genomics Stock:

How To Invest In Bionano

Details

Is Bionano Stock a good investment?

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What is Bionano Genomics' Net Worth?

Details

Largest Life Sciences Tools & Services Companies

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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

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

To learn how to invest in Bionano Stock, please use our How to Invest in Bionano Genomics guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Is Life Sciences Tools & Services 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 Bionano Genomics. If investors know Bionano 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 Bionano Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(6.18)

Revenue Per Share

0.942

Quarterly Revenue Growth

0.183

Return On Assets

(0.36)

Return On Equity

(1.44)

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

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Retained Earnings

Bionano Genomics fundamental ratios Correlations

Bionano Genomics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bionano Genomics fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Bionano Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Other Liab
Long Term Debt Total	+ 1.0	Long Term Debt
Common Stock Shares Outstanding	+ 0.99	Common Stock Total Equity
Capital Surpluse	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Short Long Term Debt Total

Capital Surpluse	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Property Plant And Equipment Net
Retained Earnings	- 0.95	Other Liab
Retained Earnings	- 0.95	Total Current Liabilities
Common Stock Total Equity	- 0.93	Retained Earnings