Biomerica Return on Average Assets vs Current Liabilities Analysis

BMRA Stock  USD 0.89  0.02  2.30%   
Trend analysis of Biomerica balance sheet accounts such as Other Current Liab of 1.2 M, Total Current Liabilities of 1.3 M or Total Stockholder Equity of 14.2 M provides information on Biomerica's total assets, liabilities, and equity, which is the actual value of Biomerica to its prevalent stockholders. By breaking down trends over time using Biomerica 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.

About Biomerica Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Biomerica at a specified time, usually calculated after every quarter, six months, or one year. Biomerica Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Biomerica 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 Biomerica currently owns. An asset can also be divided into two categories, current and non-current.

Biomerica Balance Sheet Chart

Biomerica 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 Biomerica uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Biomerica's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 1.2 M, whereas Total Current Liabilities is forecasted to decline to about 1.3 M.

Total Assets

Total assets refers to the total amount of Biomerica 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 Biomerica 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 Biomerica balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Biomerica 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Biomerica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomerica 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 Biomerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.The current year's Tax Provision is expected to grow to about 48 K, whereas Selling General Administrative is forecasted to decline to about 6.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.0M446K401.4K381.3K
Total Revenue18.9M5.3M6.1M7.6M

Biomerica fundamental ratios Correlations

0.660.740.990.89-0.88-0.780.940.670.230.940.010.790.770.480.40.890.790.891.00.24-0.330.05-0.110.610.85
0.660.740.620.42-0.85-0.630.830.11-0.040.83-0.620.50.39-0.14-0.170.70.580.740.7-0.08-0.170.560.370.220.61
0.740.740.680.69-0.76-0.80.750.470.30.75-0.210.660.80.360.10.740.930.810.750.42-0.150.19-0.030.70.68
0.990.620.680.87-0.87-0.750.940.660.180.940.030.760.720.460.440.870.740.860.990.19-0.340.03-0.120.570.83
0.890.420.690.87-0.64-0.730.720.880.50.720.260.740.850.720.370.760.850.810.850.29-0.33-0.12-0.250.720.71
-0.88-0.85-0.76-0.87-0.640.65-0.97-0.350.0-0.970.36-0.56-0.55-0.06-0.31-0.76-0.71-0.79-0.91-0.080.15-0.38-0.2-0.38-0.69
-0.78-0.63-0.8-0.75-0.730.65-0.74-0.56-0.14-0.740.12-0.95-0.67-0.60.04-0.95-0.74-0.93-0.78-0.160.520.230.44-0.81-0.94
0.940.830.750.940.72-0.97-0.740.430.051.0-0.280.70.620.20.280.870.710.870.970.11-0.270.270.090.450.81
0.670.110.470.660.88-0.35-0.560.430.470.430.440.570.690.790.320.530.70.590.590.17-0.25-0.33-0.350.720.5
0.23-0.040.30.180.50.0-0.140.050.470.050.420.130.630.550.180.080.520.060.190.390.160.05-0.020.390.06
0.940.830.750.940.72-0.97-0.741.00.430.05-0.280.70.620.20.280.870.710.870.970.11-0.270.270.090.450.81
0.01-0.62-0.210.030.260.360.12-0.280.440.42-0.280.00.340.570.46-0.140.02-0.2-0.060.43-0.08-0.52-0.40.17-0.09
0.790.50.660.760.74-0.56-0.950.70.570.130.70.00.650.680.00.960.620.90.770.19-0.58-0.34-0.540.770.98
0.770.390.80.720.85-0.55-0.670.620.690.630.620.340.650.670.360.660.890.670.750.63-0.13-0.02-0.190.720.62
0.48-0.140.360.460.72-0.06-0.60.20.790.550.20.570.680.670.230.520.530.470.420.39-0.39-0.65-0.720.80.56
0.4-0.170.10.440.37-0.310.040.280.320.180.280.460.00.360.230.060.280.050.40.44-0.01-0.13-0.130.140.05
0.890.70.740.870.76-0.76-0.950.870.530.080.87-0.140.960.660.520.060.680.960.890.14-0.52-0.12-0.320.690.99
0.790.580.930.740.85-0.71-0.740.710.70.520.710.020.620.890.530.280.680.760.780.43-0.110.1-0.080.770.61
0.890.740.810.860.81-0.79-0.930.870.590.060.87-0.20.90.670.470.050.960.760.890.13-0.49-0.04-0.240.670.92
1.00.70.750.990.85-0.91-0.780.970.590.190.97-0.060.770.750.420.40.890.780.890.24-0.320.1-0.070.580.85
0.24-0.080.420.190.29-0.08-0.160.110.170.390.110.430.190.630.390.440.140.430.130.240.22-0.04-0.180.290.15
-0.33-0.17-0.15-0.34-0.330.150.52-0.27-0.250.16-0.27-0.08-0.58-0.13-0.39-0.01-0.52-0.11-0.49-0.320.220.540.55-0.32-0.55
0.050.560.190.03-0.12-0.380.230.27-0.330.050.27-0.52-0.34-0.02-0.65-0.13-0.120.1-0.040.1-0.040.540.95-0.45-0.22
-0.110.37-0.03-0.12-0.25-0.20.440.09-0.35-0.020.09-0.4-0.54-0.19-0.72-0.13-0.32-0.08-0.24-0.07-0.180.550.95-0.6-0.42
0.610.220.70.570.72-0.38-0.810.450.720.390.450.170.770.720.80.140.690.770.670.580.29-0.32-0.45-0.60.7
0.850.610.680.830.71-0.69-0.940.810.50.060.81-0.090.980.620.560.050.990.610.920.850.15-0.55-0.22-0.420.7
Click cells to compare fundamentals

Biomerica Account Relationship Matchups

Biomerica fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.3M11.8M11.4M14.5M16.6M17.5M
Other Current Liab278.6K540.7K883.3K1.2M1.1M1.2M
Total Current Liabilities1.5M1.3M2.0M1.9M1.8M1.3M
Total Stockholder Equity14.2M9.2M8.3M11.7M13.5M14.2M
Property Plant And Equipment Net2.0M1.9M1.5M1.2M1.4M1.5M
Net Debt(6.9M)(2.6M)(4.5M)(8.6M)(7.8M)(7.4M)
Retained Earnings(21.9M)(28.4M)(35.1M)(42.2M)(38.0M)(36.1M)
Cash8.6M4.2M5.9M9.7M11.2M11.7M
Non Current Assets Total2.5M2.6M1.9M1.7M1.9M1.3M
Non Currrent Assets Other168.2K264.2K95.6K79K71.1K67.5K
Cash And Short Term Investments8.6M4.2M5.9M9.7M11.2M11.7M
Net Receivables1.8M1.5M773.8K722K649.8K955.2K
Common Stock Shares Outstanding10.2M11.9M12.7M13.3M15.3M16.1M
Liabilities And Stockholders Equity17.3M11.8M11.4M14.5M16.6M17.5M
Non Current Liabilities Total1.6M1.3M1.0M785K902.8K857.6K
Inventory2.9M3.2M2.4M2.1M2.4M2.2M
Other Current Assets1.5M255.0447.0300K270K273.8K
Other Stockholder Equity35.2M36.7M42.4M52.7M60.6M63.6M
Total Liab3.0M2.6M3.0M2.7M2.5M1.4M
Property Plant And Equipment Gross2.0M1.9M3.5M3.2M3.7M3.9M
Total Current Assets14.8M9.2M9.4M12.8M14.7M15.5M
Accumulated Other Comprehensive Income(39.8K)(48.0K)(73.9K)(110K)(126.5K)(132.8K)
Accounts Payable986.7K431.6K736K344K309.6K575.0K
Intangible Assets168.7K294.8K170K165K148.5K276.5K
Common Stock Total Equity711.0K774.2K939.2K984.6K1.1M622.7K
Common Stock939.2K984.6K1.0M1.3M1.5M1.6M
Other Assets168.2K264.2K363.079K90.9K86.3K
Property Plant Equipment2.0M1.9M1.5M1.2M1.4M1.5M
Net Tangible Assets14.0M8.9M8.2M11.6M13.3M7.8M
Net Invested Capital14.2M9.2M8.3M11.7M13.5M8.8M
Net Working Capital13.3M7.9M7.4M10.9M12.5M7.9M
Capital Stock964.9K984.6K1.0M1.3M1.5M1.1M
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 Biomerica 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, Biomerica's short interest history, or implied volatility extrapolated from Biomerica options trading.

Pair Trading with Biomerica

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 Biomerica 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 Biomerica will appreciate offsetting losses from the drop in the long position's value.

Moving against Biomerica Stock

  0.47AHG Akso Health GroupPairCorr
The ability to find closely correlated positions to Biomerica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biomerica 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 Biomerica - 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 Biomerica to buy it.
The correlation of Biomerica 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 Biomerica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biomerica 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 Biomerica 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.
Pair CorrelationCorrelation Matching
When determining whether Biomerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomerica'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 Biomerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Biomerica Stock analysis

When running Biomerica's price analysis, check to measure Biomerica'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 Biomerica is operating at the current time. Most of Biomerica's value examination focuses on studying past and present price action to predict the probability of Biomerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomerica's price. Additionally, you may evaluate how the addition of Biomerica to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Transaction History
View history of all your transactions and understand their impact on performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is Biomerica'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 Biomerica. If investors know Biomerica 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 Biomerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.345
Quarterly Revenue Growth
0.057
Return On Assets
(0.35)
Return On Equity
(0.73)
The market value of Biomerica is measured differently than its book value, which is the value of Biomerica that is recorded on the company's balance sheet. Investors also form their own opinion of Biomerica's value that differs from its market value or its book value, called intrinsic value, which is Biomerica'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 Biomerica's market value can be influenced by many factors that don't directly affect Biomerica'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 Biomerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomerica'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.