Bioatla Current Deferred Revenue vs Other Current Assets Analysis

BCAB Stock  USD 1.65  0.09  5.17%   
Bioatla financial indicator trend analysis is way more than just evaluating Bioatla prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bioatla is a good investment. Please check the relationship between Bioatla Current Deferred Revenue and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioatla. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Bioatla Stock refer to our How to Trade Bioatla Stock guide.

Current Deferred Revenue vs Other Current Assets

Current Deferred Revenue vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bioatla Current Deferred Revenue account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bioatla's Current Deferred Revenue and Other Current Assets is 0.65. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Bioatla, assuming nothing else is changed. The correlation between historical values of Bioatla's Current Deferred Revenue and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Bioatla are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Current Deferred Revenue i.e., Bioatla's Current Deferred Revenue and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Bioatla's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bioatla 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 Bioatla. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Bioatla Stock refer to our How to Trade Bioatla Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 145.21, whereas Selling General Administrative is forecasted to decline to about 22.7 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.7M1.7M1.2M1.4M
Interest Income350K1.6M5.7M6.0M

Bioatla fundamental ratios Correlations

-0.910.710.741.0-0.620.940.640.91-1.0-0.470.181.00.660.81-0.16-0.911.0-0.940.72-0.880.290.89-0.431.00.78
-0.91-0.79-0.78-0.910.72-0.99-0.36-0.970.90.68-0.26-0.91-0.38-0.790.420.92-0.910.98-0.820.94-0.59-0.930.51-0.93-0.73
0.71-0.790.740.69-0.180.850.390.88-0.7-0.880.510.710.410.83-0.54-0.880.71-0.860.95-0.590.710.930.020.740.92
0.74-0.780.740.71-0.440.80.310.83-0.73-0.590.680.740.340.96-0.17-0.910.74-0.820.9-0.80.50.770.040.740.57
1.0-0.910.690.71-0.650.930.620.9-1.0-0.440.131.00.640.77-0.15-0.891.0-0.940.69-0.890.260.88-0.481.00.75
-0.620.72-0.18-0.44-0.65-0.620.02-0.560.630.110.18-0.630.01-0.310.050.47-0.630.59-0.270.87-0.2-0.450.81-0.64-0.09
0.94-0.990.850.80.93-0.620.480.99-0.93-0.710.280.940.50.85-0.39-0.960.94-1.00.86-0.90.590.96-0.420.950.82
0.64-0.360.390.310.620.020.480.47-0.62-0.180.010.641.00.540.17-0.530.64-0.50.33-0.27-0.020.45-0.050.590.67
0.91-0.970.880.830.9-0.560.990.47-0.89-0.770.380.910.490.88-0.44-0.970.91-0.990.9-0.870.650.96-0.350.920.83
-1.00.9-0.7-0.73-1.00.63-0.93-0.62-0.890.43-0.16-1.0-0.63-0.790.130.9-1.00.93-0.710.88-0.25-0.890.42-1.0-0.76
-0.470.68-0.88-0.59-0.440.11-0.71-0.18-0.770.43-0.57-0.46-0.19-0.670.810.71-0.460.71-0.840.44-0.91-0.760.03-0.5-0.76
0.18-0.260.510.680.130.180.280.010.38-0.16-0.570.180.030.65-0.39-0.50.18-0.330.67-0.210.410.380.550.180.33
1.0-0.910.710.741.0-0.630.940.640.91-1.0-0.460.180.660.81-0.15-0.911.0-0.940.72-0.880.280.89-0.431.00.77
0.66-0.380.410.340.640.010.51.00.49-0.63-0.190.030.660.560.16-0.550.66-0.510.35-0.28-0.010.47-0.050.610.68
0.81-0.790.830.960.77-0.310.850.540.88-0.79-0.670.650.810.56-0.22-0.960.81-0.870.93-0.740.510.840.060.80.76
-0.160.42-0.54-0.17-0.150.05-0.390.17-0.440.130.81-0.39-0.150.16-0.220.31-0.150.39-0.470.18-0.73-0.470.18-0.19-0.45
-0.910.92-0.88-0.91-0.890.47-0.96-0.53-0.970.90.71-0.5-0.91-0.55-0.960.31-0.910.97-0.930.85-0.56-0.940.17-0.92-0.82
1.0-0.910.710.741.0-0.630.940.640.91-1.0-0.460.181.00.660.81-0.15-0.91-0.940.72-0.880.280.89-0.431.00.77
-0.940.98-0.86-0.82-0.940.59-1.0-0.5-0.990.930.71-0.33-0.94-0.51-0.870.390.97-0.94-0.880.89-0.57-0.970.38-0.96-0.83
0.72-0.820.950.90.69-0.270.860.330.9-0.71-0.840.670.720.350.93-0.47-0.930.72-0.88-0.690.70.90.060.740.81
-0.880.94-0.59-0.8-0.890.87-0.9-0.27-0.870.880.44-0.21-0.88-0.28-0.740.180.85-0.880.89-0.69-0.4-0.790.55-0.89-0.49
0.29-0.590.710.50.26-0.20.59-0.020.65-0.25-0.910.410.28-0.010.51-0.73-0.560.28-0.570.7-0.40.57-0.140.320.5
0.89-0.930.930.770.88-0.450.960.450.96-0.89-0.760.380.890.470.84-0.47-0.940.89-0.970.9-0.790.57-0.250.920.9
-0.430.510.020.04-0.480.81-0.42-0.05-0.350.420.030.55-0.43-0.050.060.180.17-0.430.380.060.55-0.14-0.25-0.44-0.05
1.0-0.930.740.741.0-0.640.950.590.92-1.0-0.50.181.00.610.8-0.19-0.921.0-0.960.74-0.890.320.92-0.440.78
0.78-0.730.920.570.75-0.090.820.670.83-0.76-0.760.330.770.680.76-0.45-0.820.77-0.830.81-0.490.50.9-0.050.78
Click cells to compare fundamentals

Bioatla Account Relationship Matchups

Bioatla fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3M244.9M254.4M225.7M119.7M159.6M
Short Long Term Debt Total18.1M682K5.4M4.0M2.5M2.3M
Other Current Liab10.5M10.0M17.2M17.4M22.9M15.6M
Total Current Liabilities26.7M32.3M19.8M23.1M28.3M25.6M
Total Stockholder Equity(56.0M)210.0M210.8M180.3M70.7M107.7M
Net Tangible Assets(145.3M)210.0M210.8M180.3M207.4M217.8M
Property Plant And Equipment Net4.7M4.1M7.0M5.2M3.1M5.1M
Net Debt14.4M(237.9M)(239.6M)(211.5M)(109.0M)(114.5M)
Retained Earnings(148.4M)(90.9M)(186.3M)(292.8M)(416.3M)(395.4M)
Accounts Payable5.1M2.5M1.2M4.2M3.8M3.4M
Cash3.7M238.6M245.0M215.5M111.5M151.3M
Non Current Assets Total4.8M4.3M7.1M5.3M3.3M5.3M
Cash And Short Term Investments3.7M238.6M245.0M215.5M111.5M151.3M
Liabilities And Stockholders Equity9.3M244.9M254.4M225.7M119.7M159.6M
Non Current Liabilities Total38.6M2.7M23.8M22.3M20.6M19.2M
Other Current Assets214K72K502K539K4.9M5.2M
Other Stockholder Equity2.3M300.9M397.1M473.1M486.9M304.7M
Total Liab65.3M35.0M43.6M45.4M49.0M37.8M
Net Invested Capital(127.2M)210.7M210.8M180.3M70.7M81.1M
Property Plant And Equipment Gross4.7M4.1M11.2M10.5M9.2M8.0M
Total Current Assets4.5M240.7M247.3M220.4M116.4M154.4M
Net Working Capital(22.2M)208.4M227.5M197.3M88.1M128.8M
Property Plant Equipment4.7M4.1M7.0M2.7M3.1M4.9M

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Additional Information and Resources on Investing in Bioatla Stock

When determining whether Bioatla offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bioatla'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 Bioatla Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bioatla Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioatla. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Bioatla Stock refer to our How to Trade Bioatla Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Biotechnology 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 Bioatla. If investors know Bioatla 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 Bioatla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.48)
Quarterly Revenue Growth
0.316
Return On Assets
(0.53)
Return On Equity
(1.16)
The market value of Bioatla is measured differently than its book value, which is the value of Bioatla that is recorded on the company's balance sheet. Investors also form their own opinion of Bioatla's value that differs from its market value or its book value, called intrinsic value, which is Bioatla'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 Bioatla's market value can be influenced by many factors that don't directly affect Bioatla'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 Bioatla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bioatla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bioatla'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.