Biotricity Net Income vs Dividends Paid Analysis

BTCY Stock  USD 1.19  0.02  1.65%   
Biotricity financial indicator trend analysis is way more than just evaluating Biotricity prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biotricity is a good investment. Please check the relationship between Biotricity Net Income and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biotricity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.

Net Income vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biotricity Net Income account and Dividends Paid. At this time, the significance of the direction appears to have pay attention.
The correlation between Biotricity's Net Income and Dividends Paid is -0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Biotricity, assuming nothing else is changed. The correlation between historical values of Biotricity's Net Income and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Biotricity are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Biotricity's Net Income and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Biotricity financial statement analysis. It represents the amount of money remaining after all of Biotricity operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Biotricity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biotricity 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 Biotricity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.At this time, Biotricity's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 11.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.2 M in 2024.

Biotricity fundamental ratios Correlations

0.780.20.6-0.490.610.53-0.810.570.820.820.890.580.280.80.790.760.970.570.7-0.30.760.830.750.680.62
0.780.240.88-0.90.720.94-0.930.950.30.30.90.60.340.990.920.990.620.880.74-0.260.990.870.780.970.97
0.20.240.63-0.40.380.23-0.40.310.060.060.440.530.10.170.380.350.20.560.46-0.920.140.250.20.350.2
0.60.880.63-0.930.770.88-0.90.920.10.10.870.70.310.820.880.930.440.990.77-0.620.830.740.690.940.87
-0.49-0.9-0.4-0.93-0.67-0.970.85-0.970.070.07-0.75-0.58-0.3-0.86-0.82-0.93-0.31-0.94-0.690.38-0.89-0.75-0.68-0.95-0.95
0.610.720.380.77-0.670.65-0.880.760.260.260.770.90.330.680.910.750.50.810.89-0.490.690.620.70.750.67
0.530.940.230.88-0.970.65-0.830.98-0.04-0.040.750.490.30.920.820.950.330.90.63-0.210.940.750.660.960.99
-0.81-0.93-0.4-0.90.85-0.88-0.83-0.89-0.4-0.4-0.94-0.82-0.37-0.9-0.97-0.94-0.7-0.9-0.910.48-0.9-0.87-0.86-0.92-0.86
0.570.950.310.92-0.970.760.98-0.890.020.020.790.630.320.920.890.960.380.940.74-0.320.940.750.720.960.98
0.820.30.060.10.070.26-0.04-0.40.021.00.530.330.120.350.380.260.920.050.39-0.180.270.480.430.150.07
0.820.30.060.10.070.26-0.04-0.40.021.00.530.330.120.350.380.260.920.050.39-0.180.270.480.430.150.07
0.890.90.440.87-0.750.770.75-0.940.790.530.530.70.330.860.90.910.80.850.8-0.510.860.860.80.90.8
0.580.60.530.7-0.580.90.49-0.820.630.330.330.70.490.580.820.640.550.710.97-0.630.560.640.720.610.52
0.280.340.10.31-0.30.330.3-0.370.320.120.120.330.490.330.350.340.240.320.49-0.090.330.350.330.340.32
0.80.990.170.82-0.860.680.92-0.90.920.350.350.860.580.330.90.970.650.820.73-0.20.990.870.760.920.95
0.790.920.380.88-0.820.910.82-0.970.890.380.380.90.820.350.90.930.660.890.9-0.440.890.810.790.890.86
0.760.990.350.93-0.930.750.95-0.940.960.260.260.910.640.340.970.930.60.930.77-0.370.970.860.780.980.97
0.970.620.20.44-0.310.50.33-0.70.380.920.920.80.550.240.650.660.60.410.66-0.30.590.780.70.50.43
0.570.880.560.99-0.940.810.9-0.90.940.050.050.850.710.320.820.890.930.410.77-0.570.850.720.720.950.89
0.70.740.460.77-0.690.890.63-0.910.740.390.390.80.970.490.730.90.770.660.77-0.550.710.80.830.730.66
-0.3-0.26-0.92-0.620.38-0.49-0.210.48-0.32-0.18-0.18-0.51-0.63-0.09-0.2-0.44-0.37-0.3-0.57-0.55-0.18-0.27-0.36-0.36-0.19
0.760.990.140.83-0.890.690.94-0.90.940.270.270.860.560.330.990.890.970.590.850.71-0.180.860.790.950.97
0.830.870.250.74-0.750.620.75-0.870.750.480.480.860.640.350.870.810.860.780.720.8-0.270.860.860.820.8
0.750.780.20.69-0.680.70.66-0.860.720.430.430.80.720.330.760.790.780.70.720.83-0.360.790.860.750.7
0.680.970.350.94-0.950.750.96-0.920.960.150.150.90.610.340.920.890.980.50.950.73-0.360.950.820.750.97
0.620.970.20.87-0.950.670.99-0.860.980.070.070.80.520.320.950.860.970.430.890.66-0.190.970.80.70.97
Click cells to compare fundamentals

Biotricity Account Relationship Matchups

Biotricity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M4.4M16.7M6.5M7.5M7.9M
Short Long Term Debt Total2.3M4.7M15.4M19.5M22.5M23.6M
Other Current Liab427.6K3.6M520.7K1.0M1.2M977.3K
Total Current Liabilities3.8M10.5M4.9M11.2M12.8M13.5M
Total Stockholder Equity(3.0M)(6.8M)(2.1M)(19.8M)(17.9M)(17.0M)
Net Debt1.4M2.5M3.3M19.0M21.8M22.9M
Retained Earnings(46.4M)(62.8M)(93.0M)(112.6M)(101.3M)(96.2M)
Accounts Payable1.1M1.0M1.2M3.4M4.0M4.1M
Cash949.8K2.2M12.1M570.5K656.0K623.2K
Cash And Short Term Investments949.8K2.2M12.1M570.5K656.0K623.2K
Net Receivables623.3K1.8M2.4M1.8M2.1M2.2M
Common Stock Total Equity31.9K35.4K36.4K39.0K44.9K27.8K
Common Stock Shares Outstanding6.0M6.3M7.6M8.7M10.0M7.3M
Liabilities And Stockholders Equity2.0M4.4M16.7M6.5M7.5M7.9M
Non Current Liabilities Total1.2M780.9K14.0M15.2M17.5M18.3M
Other Stockholder Equity44.2M56.6M91.6M92.8M106.7M112.1M
Total Liab5.0M11.3M18.8M26.4M30.3M31.8M
Total Current Assets1.7M4.3M15.3M4.7M5.4M3.2M
Accumulated Other Comprehensive Income(857.3K)(634.2K)(768.7K)(152.8K)(137.5K)(144.4K)
Short Term Debt2.3M4.3M1.8M5.1M5.9M6.2M
Common Stock36.4K39.0K51.3K52.5K60.4K33.8K
Net Tangible Assets(1.8M)(3.0M)(6.8M)(2.1M)(1.9M)(2.0M)
Non Current Assets Total345.6K116.5K1.4M1.8M2.1M2.2M
Short Term Investments137.1K326.7K302.3K588.6K676.9K710.7K
Inventory85.7K272.5K842.9K2.3M2.7M2.8M
Other Current Assets137.1K326.7K406.3K588.6K676.9K710.7K
Short Long Term Debt2.1M4.3M1.5M4.8M5.5M5.8M
Net Invested Capital(932.1K)(2.2M)11.9M(2.0M)(2.3M)(2.2M)
Net Working Capital(2.1M)(6.2M)10.5M(6.4M)(5.8M)(5.5M)
Capital Stock36.4K39.0K51.3K52.5K60.4K47.2K

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When determining whether Biotricity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biotricity'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 Biotricity Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biotricity Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biotricity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.
Note that the Biotricity information on this page should be used as a complementary analysis to other Biotricity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Biotricity's industry 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 Biotricity. If investors know Biotricity 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 Biotricity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.75)
Revenue Per Share
1.319
Quarterly Revenue Growth
0.209
Return On Assets
(0.95)
Return On Equity
(41.01)
The market value of Biotricity is measured differently than its book value, which is the value of Biotricity that is recorded on the company's balance sheet. Investors also form their own opinion of Biotricity's value that differs from its market value or its book value, called intrinsic value, which is Biotricity'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 Biotricity's market value can be influenced by many factors that don't directly affect Biotricity'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 Biotricity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biotricity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biotricity'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.