Biotricity Total Liab vs Total Stockholder Equity Analysis

BTCY Stock  USD 0.94  0.02  2.17%   
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 Total Liab and its Total Stockholder Equity 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 closely tied 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.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biotricity Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Biotricity's Total Liab and Total Stockholder Equity is -0.93. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Biotricity, assuming nothing else is changed. The correlation between historical values of Biotricity's Total Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Biotricity are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Biotricity's Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 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 closely tied 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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