Biovie Weighted Average Shares vs Book Value per Share Analysis
BIVI Stock | USD 0.49 0.01 2.00% |
Trend analysis of Biovie Inc balance sheet accounts such as Total Current Liabilities of 17.5 M, Total Stockholder Equity of 18.5 M or Accounts Payable of 3.8 K provides information on Biovie's total assets, liabilities, and equity, which is the actual value of Biovie Inc to its prevalent stockholders. By breaking down trends over time using Biovie balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Biovie |
About Biovie Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Biovie Inc at a specified time, usually calculated after every quarter, six months, or one year. Biovie Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Biovie and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Biovie currently owns. An asset can also be divided into two categories, current and non-current.
Biovie Balance Sheet Chart
Biovie Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Biovie Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Biovie's Cash is increasing as compared to previous years. The Biovie's current Cash And Short Term Investments is estimated to increase to about 41 M, while Net Debt is forecasted to increase to (4.3 M). Add Fundamental
Total Assets
Total assets refers to the total amount of Biovie assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Biovie Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Biovie balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Biovie Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Biovie obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Biovie Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Biovie Inc balance sheet. This account contains Biovie investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Biovie Inc 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.Most indicators from Biovie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biovie Inc 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 Biovie Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. As of now, Biovie's Selling General Administrative is increasing as compared to previous years. The Biovie's current Issuance Of Capital Stock is estimated to increase to about 66.9 M, while Enterprise Value Over EBITDA is projected to decrease to (2.88).
2021 | 2023 | 2024 (projected) | Interest Expense | 2.2M | 4.9M | 5.2M | Depreciation And Amortization | 273.5K | 263.8K | 189.7K |
Biovie fundamental ratios Correlations
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Biovie Account Relationship Matchups
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Biovie fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1M | 6.0M | 20.1M | 35.1M | 40.4M | 42.4M | |
Total Current Liabilities | 23.5M | 996.4K | 4.2M | 14.5M | 16.7M | 17.5M | |
Total Stockholder Equity | (21.5M) | 5.1M | 3.7M | 15.3M | 17.6M | 18.5M | |
Net Debt | 873.8K | (4.5M) | (6.4M) | (5.0M) | (4.5M) | (4.3M) | |
Retained Earnings | (41.0M) | (224.9M) | (251.0M) | (301.2M) | (271.1M) | (257.5M) | |
Accounts Payable | 1.3M | 996.4K | 2.4K | 3.5K | 4.0K | 3.8K | |
Cash | 37.2K | 4.5M | 18.6M | 19.5M | 22.4M | 23.5M | |
Cash And Short Term Investments | 37.2K | 4.5M | 18.6M | 33.9M | 39.0M | 41.0M | |
Common Stock Total Equity | 50.7K | 520.0 | 2.2K | 2.5K | 2.2K | 2.1K | |
Liabilities And Stockholders Equity | 2.1M | 6.0M | 20.1M | 35.1M | 40.4M | 42.4M | |
Non Current Liabilities Total | 62.5K | 0.0 | 12.3M | 5.3M | 6.1M | 6.4M | |
Other Stockholder Equity | 19.5M | 229.9M | 254.6M | 316.4M | 363.8M | 382.0M | |
Total Liab | 23.6M | 996.4K | 16.4M | 19.8M | 22.7M | 23.9M | |
Total Current Assets | 413.0K | 4.6M | 18.8M | 34.0M | 39.1M | 41.1M | |
Common Stock | 520.0 | 2.2K | 2.5K | 3.6K | 3.3K | 3.1K | |
Other Current Liab | 21.4M | 996.4K | 4.1M | 5.3M | 6.1M | 3.7M | |
Net Tangible Assets | (23.2M) | 3.6M | 2.5M | 14.4M | 16.5M | 17.3M | |
Common Stock Shares Outstanding | 4.9M | 12.4M | 24.7M | 32.5M | 37.4M | 39.2M | |
Non Current Assets Total | 1.7M | 1.4M | 1.3M | 1.1M | 957.2K | 1.3M | |
Other Current Assets | 375.8K | 93.5K | 137.9K | 102.5K | 117.9K | 128.7K | |
Intangible Assets | 1.3M | 1.1M | 866.5K | 637.1K | 573.4K | 1.0M | |
Net Invested Capital | (20.6M) | 5.1M | 15.8M | 29.7M | 34.1M | 35.8M | |
Net Working Capital | (23.1M) | 3.6M | 14.6M | 19.5M | 22.5M | 23.6M | |
Capital Stock | 520.0 | 2.2K | 2.5K | 3.6K | 3.3K | 3.1K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Biovie in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Biovie's short interest history, or implied volatility extrapolated from Biovie options trading.
Pair Trading with Biovie
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Biovie position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Biovie will appreciate offsetting losses from the drop in the long position's value.Moving together with Biovie Stock
0.66 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
Moving against Biovie Stock
0.75 | NUVB | Nuvation Bio | PairCorr |
0.7 | MAIA | MAIA Biotechnology | PairCorr |
0.62 | INDP | Indaptus Therapeutics | PairCorr |
0.61 | JSPR | Jasper Therapeutics | PairCorr |
0.56 | LCTX | Lineage Cell Therapeutics | PairCorr |
The ability to find closely correlated positions to Biovie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biovie when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Biovie - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Biovie Inc to buy it.
The correlation of Biovie is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Biovie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biovie Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Biovie can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biovie Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Biovie Stock analysis
When running Biovie's price analysis, check to measure Biovie'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 Biovie is operating at the current time. Most of Biovie's value examination focuses on studying past and present price action to predict the probability of Biovie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biovie's price. Additionally, you may evaluate how the addition of Biovie to your portfolios can decrease your overall portfolio volatility.
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Is Biovie'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 Biovie. If investors know Biovie 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 Biovie listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.17) | Return On Assets (0.81) | Return On Equity (2.58) |
The market value of Biovie Inc is measured differently than its book value, which is the value of Biovie that is recorded on the company's balance sheet. Investors also form their own opinion of Biovie's value that differs from its market value or its book value, called intrinsic value, which is Biovie'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 Biovie's market value can be influenced by many factors that don't directly affect Biovie'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 Biovie's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biovie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biovie'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.