BIOLASE Non Current Liabilities Total vs Inventory Analysis

BIOL Stock  USD 0.16  0.01  6.67%   
BIOLASE financial indicator trend analysis is way more than just evaluating BIOLASE prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BIOLASE is a good investment. Please check the relationship between BIOLASE Non Current Liabilities Total and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIOLASE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy BIOLASE Stock please use our How to buy in BIOLASE Stock guide.

Non Current Liabilities Total vs Inventory

Non Current Liabilities Total vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BIOLASE Non Current Liabilities Total account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BIOLASE's Non Current Liabilities Total and Inventory is 0.19. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Inventory in the same time period over historical financial statements of BIOLASE, assuming nothing else is changed. The correlation between historical values of BIOLASE's Non Current Liabilities Total and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of BIOLASE are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Current Liabilities Total i.e., BIOLASE's Non Current Liabilities Total and Inventory go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Inventory

Most indicators from BIOLASE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BIOLASE 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 BIOLASE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy BIOLASE Stock please use our How to buy in BIOLASE Stock guide.At this time, BIOLASE's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 138.6 K this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.20.
 2021 2022 2023 2024 (projected)
Gross Profit16.5M15.9M16.7M17.3M
Total Revenue39.2M48.5M49.2M38.5M

BIOLASE fundamental ratios Correlations

0.120.520.280.730.1-0.61-0.440.320.820.40.20.820.26-0.120.220.760.530.530.4-0.050.99-0.240.170.420.6
0.120.670.11-0.460.570.54-0.87-0.450.10.4-0.340.12-0.390.560.880.160.430.830.680.580.060.220.830.680.03
0.520.670.34-0.090.70.27-0.880.090.220.710.010.230.060.460.740.630.60.890.710.550.42-0.130.620.680.02
0.280.110.34-0.110.080.22-0.340.68-0.150.380.24-0.160.640.06-0.040.620.220.310.590.070.230.650.09-0.05-0.19
0.73-0.46-0.09-0.11-0.29-0.960.220.30.73-0.020.270.710.31-0.46-0.380.380.12-0.1-0.28-0.420.78-0.48-0.320.030.64
0.10.570.70.08-0.290.43-0.74-0.03-0.090.770.13-0.06-0.220.780.570.230.220.740.340.89-0.03-0.120.630.81-0.24
-0.610.540.270.22-0.960.43-0.37-0.18-0.750.21-0.2-0.74-0.160.480.43-0.160.050.250.380.48-0.690.430.420.09-0.63
-0.44-0.87-0.88-0.340.22-0.74-0.370.11-0.23-0.70.0-0.250.16-0.56-0.84-0.51-0.52-0.99-0.79-0.64-0.34-0.14-0.82-0.77-0.05
0.32-0.450.090.680.3-0.03-0.180.11-0.10.250.26-0.110.81-0.08-0.450.550.12-0.080.06-0.060.290.08-0.32-0.2-0.21
0.820.10.22-0.150.73-0.09-0.75-0.23-0.10.01-0.021.0-0.17-0.110.240.30.270.330.14-0.120.87-0.310.080.350.7
0.40.40.710.38-0.020.770.21-0.70.250.010.320.010.070.390.420.670.450.690.590.540.24-0.120.490.67-0.01
0.2-0.340.010.240.270.13-0.20.00.26-0.020.32-0.020.36-0.15-0.290.27-0.190.03-0.07-0.040.150.06-0.08-0.070.07
0.820.120.23-0.160.71-0.06-0.74-0.25-0.111.00.01-0.02-0.18-0.080.260.280.270.350.13-0.090.86-0.30.10.370.69
0.26-0.390.060.640.31-0.22-0.160.160.81-0.170.070.36-0.18-0.25-0.520.480.01-0.13-0.02-0.240.270.15-0.27-0.36-0.1
-0.120.560.460.06-0.460.780.48-0.56-0.08-0.110.39-0.15-0.08-0.250.51-0.17-0.130.550.210.98-0.190.110.450.59-0.42
0.220.880.74-0.04-0.380.570.43-0.84-0.450.240.42-0.290.26-0.520.510.190.520.810.710.540.15-0.050.720.650.05
0.760.160.630.620.380.23-0.16-0.510.550.30.670.270.280.48-0.170.190.720.540.63-0.050.69-0.060.210.320.28
0.530.430.60.220.120.220.05-0.520.120.270.45-0.190.270.01-0.130.520.720.530.61-0.030.48-0.20.260.480.3
0.530.830.890.31-0.10.740.25-0.99-0.080.330.690.030.35-0.130.550.810.540.530.730.640.440.070.80.810.12
0.40.680.710.59-0.280.340.38-0.790.060.140.59-0.070.13-0.020.210.710.630.610.730.250.320.320.560.380.04
-0.050.580.550.07-0.420.890.48-0.64-0.06-0.120.54-0.04-0.09-0.240.980.54-0.05-0.030.640.25-0.150.040.530.69-0.39
0.990.060.420.230.78-0.03-0.69-0.340.290.870.240.150.860.27-0.190.150.690.480.440.32-0.15-0.230.090.320.64
-0.240.22-0.130.65-0.48-0.120.43-0.140.08-0.31-0.120.06-0.30.150.11-0.05-0.06-0.20.070.320.04-0.230.12-0.23-0.29
0.170.830.620.09-0.320.630.42-0.82-0.320.080.49-0.080.1-0.270.450.720.210.260.80.560.530.090.120.640.09
0.420.680.68-0.050.030.810.09-0.77-0.20.350.67-0.070.37-0.360.590.650.320.480.810.380.690.32-0.230.640.26
0.60.030.02-0.190.64-0.24-0.63-0.05-0.210.7-0.010.070.69-0.1-0.420.050.280.30.120.04-0.390.64-0.290.090.26
Click cells to compare fundamentals

BIOLASE Account Relationship Matchups

BIOLASE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.8M41.0M55.3M38.2M35.1M31.3M
Short Long Term Debt Total13.5M18.0M15.1M15.1M17.9M18.8M
Other Current Liab4.7M6.4M7.9M9.2M8.0M8.4M
Total Current Liabilities25.8M11.2M13.8M17.8M19.7M14.3M
Total Stockholder Equity377K10.0M25.2M4.9M(247K)(234.7K)
Property Plant And Equipment Net1.5M2.8M2.8M6.0M7.0M7.4M
Net Debt7.7M396K(14.9M)10.9M11.3M11.9M
Retained Earnings(234.5M)(251.4M)(267.5M)(296.2M)(316.8M)(301.0M)
Accounts Payable5.3M2.7M3.3M5.8M6.1M4.9M
Cash5.8M17.6M30.0M4.2M6.6M7.9M
Non Current Assets Total4.8M5.9M5.9M9.2M10.2M5.7M
Non Currrent Assets Other433K231K220K255K268K277.2K
Cash And Short Term Investments5.8M17.6M30.0M4.2M6.6M9.6M
Net Receivables8.8M3.1M4.2M5.8M5.5M6.3M
Common Stock Shares Outstanding9.3K24.5K59.1K69.3K1.3M1.3M
Liabilities And Stockholders Equity31.8M41.0M55.3M38.2M35.1M31.3M
Non Current Liabilities Total5.7M19.8M16.2M15.5M15.7M16.5M
Inventory11.0M11.2M12.9M15.9M11.4M8.1M
Other Current Assets1.2M3.0M2.0M3.1M1.4M1.5M
Other Stockholder Equity231.6M261.6M293.2M301.8M314.9M330.6M
Total Liab31.5M31.0M30.1M33.3M35.3M18.3M
Property Plant And Equipment Gross1.5M2.8M2.8M6.0M18.4M19.3M
Total Current Assets27.0M35.1M49.4M29.0M24.9M25.5M
Accumulated Other Comprehensive Income(701K)(385K)(623K)(733K)(553K)(580.7K)
Short Term Debt13.5M305K405K700K3.2M2.9M
Common Stock Total Equity102K21K31K98K112.7K118.3K
Common Stock31K98K154K8K3K2.9K
Other Assets433K2.2M220K255K229.5K218.0K
Property Plant Equipment1.2M2.8M2.8M6.0M7.0M7.3M
Other Liab1.7M1.8M1.2M1.1M1.0M1.1M
Current Deferred Revenue2.2M1.9M2.3M2.1M2.5M2.3M
Net Tangible Assets8.2M1.4M7.0M22.2M20.0M12.3M
Retained Earnings Total Equity(195.2M)(216.7M)(234.5M)(251.4M)(226.2M)(237.6M)
Capital Surpluse224.9M228.4M235.6M261.6M300.8M214.9M
Deferred Long Term Liab115K77K436K374K336.6K368.5K
Non Current Liabilities Other1.3M1.1M330K362K79K75.1K

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When determining whether BIOLASE is a strong investment it is important to analyze BIOLASE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BIOLASE's future performance. For an informed investment choice regarding BIOLASE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIOLASE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy BIOLASE Stock please use our How to buy in BIOLASE Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running BIOLASE's price analysis, check to measure BIOLASE'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 BIOLASE is operating at the current time. Most of BIOLASE's value examination focuses on studying past and present price action to predict the probability of BIOLASE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIOLASE's price. Additionally, you may evaluate how the addition of BIOLASE to your portfolios can decrease your overall portfolio volatility.
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Is BIOLASE'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 BIOLASE. If investors know BIOLASE 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 BIOLASE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.97)
Revenue Per Share
8.632
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.26)
Return On Equity
(5.05)
The market value of BIOLASE is measured differently than its book value, which is the value of BIOLASE that is recorded on the company's balance sheet. Investors also form their own opinion of BIOLASE's value that differs from its market value or its book value, called intrinsic value, which is BIOLASE'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 BIOLASE's market value can be influenced by many factors that don't directly affect BIOLASE'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 BIOLASE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIOLASE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIOLASE'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.