Biomx Retained Earnings vs Accounts Payable Analysis

PHGE Stock  USD 0.34  0.01  3.03%   
Biomx financial indicator trend analysis is way more than just evaluating Biomx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biomx Inc is a good investment. Please check the relationship between Biomx Retained Earnings and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx 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 price.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomx Inc Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Biomx's Retained Earnings and Accounts Payable is -0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Biomx Inc, assuming nothing else is changed. The correlation between historical values of Biomx's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Biomx Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Biomx's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Biomx 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 Biomx 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.
Most indicators from Biomx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomx 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx 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 price.
At present, Biomx's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Operating Expenses35.5M27.2M26.8M22.4M
Research Development22.7M16.2M19.0M14.7M

Biomx fundamental ratios Correlations

0.620.910.870.820.10.97-0.78-0.710.940.890.59-0.17-0.840.910.20.120.50.370.540.890.640.950.63-0.670.9
0.620.780.890.230.410.52-0.26-0.890.550.550.6-0.62-0.830.430.82-0.160.75-0.170.730.80.940.740.78-0.910.42
0.910.780.940.640.080.8-0.63-0.780.890.80.62-0.33-0.810.780.52-0.010.630.20.630.880.830.910.71-0.830.76
0.870.890.940.50.340.8-0.52-0.920.820.750.73-0.51-0.920.670.58-0.120.770.030.760.950.840.930.83-0.910.65
0.820.230.640.5-0.410.81-0.94-0.20.810.880.040.2-0.470.97-0.170.26-0.070.61-0.050.520.350.690.06-0.240.98
0.10.410.080.34-0.410.180.43-0.66-0.07-0.210.75-0.41-0.44-0.270.23-0.120.78-0.280.770.430.170.270.72-0.48-0.28
0.970.520.80.80.810.18-0.77-0.670.890.850.58-0.12-0.820.880.020.130.460.410.50.870.50.930.58-0.580.87
-0.78-0.26-0.63-0.52-0.940.43-0.770.22-0.87-0.95-0.030.060.56-0.930.060.030.05-0.310.02-0.55-0.38-0.65-0.090.21-0.93
-0.71-0.89-0.78-0.92-0.2-0.66-0.670.22-0.62-0.5-0.870.620.9-0.4-0.610.2-0.940.14-0.92-0.93-0.78-0.83-0.950.93-0.38
0.940.550.890.820.81-0.070.89-0.87-0.620.940.48-0.33-0.810.890.22-0.150.430.180.440.850.620.880.53-0.60.87
0.890.550.80.750.88-0.210.85-0.95-0.50.940.25-0.27-0.760.950.22-0.090.220.20.240.750.630.810.35-0.490.94
0.590.60.620.730.040.750.58-0.03-0.870.480.25-0.42-0.730.20.37-0.060.94-0.090.970.770.440.650.97-0.720.18
-0.17-0.62-0.33-0.510.2-0.41-0.120.060.62-0.33-0.27-0.420.60.03-0.70.84-0.630.81-0.56-0.53-0.56-0.32-0.560.550.06
-0.84-0.83-0.81-0.92-0.47-0.44-0.820.560.9-0.81-0.76-0.730.6-0.64-0.490.21-0.740.12-0.76-0.95-0.75-0.87-0.830.77-0.62
0.910.430.780.670.97-0.270.88-0.93-0.40.890.950.20.03-0.640.030.190.120.510.150.670.530.810.26-0.421.0
0.20.820.520.58-0.170.230.020.06-0.610.220.220.37-0.7-0.490.03-0.340.59-0.510.560.420.810.30.57-0.680.01
0.12-0.16-0.01-0.120.26-0.120.130.030.2-0.15-0.09-0.060.840.210.19-0.34-0.260.81-0.14-0.2-0.16-0.02-0.140.190.21
0.50.750.630.77-0.070.780.460.05-0.940.430.220.94-0.63-0.740.120.59-0.26-0.260.980.80.620.650.97-0.860.09
0.37-0.170.20.030.61-0.280.41-0.310.140.180.2-0.090.810.120.51-0.510.81-0.26-0.230.03-0.090.28-0.180.040.53
0.540.730.630.76-0.050.770.50.02-0.920.440.240.97-0.56-0.760.150.56-0.140.98-0.230.770.570.630.99-0.790.12
0.890.80.880.950.520.430.87-0.55-0.930.850.750.77-0.53-0.950.670.42-0.20.80.030.770.750.960.84-0.870.66
0.640.940.830.840.350.170.5-0.38-0.780.620.630.44-0.56-0.750.530.81-0.160.62-0.090.570.750.730.64-0.860.52
0.950.740.910.930.690.270.93-0.65-0.830.880.810.65-0.32-0.870.810.3-0.020.650.280.630.960.730.71-0.830.8
0.630.780.710.830.060.720.58-0.09-0.950.530.350.97-0.56-0.830.260.57-0.140.97-0.180.990.840.640.71-0.840.23
-0.67-0.91-0.83-0.91-0.24-0.48-0.580.210.93-0.6-0.49-0.720.550.77-0.42-0.680.19-0.860.04-0.79-0.87-0.86-0.83-0.84-0.4
0.90.420.760.650.98-0.280.87-0.93-0.380.870.940.180.06-0.621.00.010.210.090.530.120.660.520.80.23-0.4
Click cells to compare fundamentals

Biomx Account Relationship Matchups

Biomx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets92.1M70.4M78.0M45.5M58.2M61.2M
Short Long Term Debt Total1.2M5.9M20.0M19.4M15.1M9.8M
Other Current Liab2.5M3.9M5.5M1.9M3.3M2.9M
Total Current Liabilities6.2M7.2M11.0M7.9M11.2M7.1M
Total Stockholder Equity84.5M57.5M47.5M21.0M3.1M2.9M
Other Liab585K701K215K2.2M2.5M2.6M
Net Tangible Assets42.8M84.5M57.5M46.0M52.9M53.3M
Net Debt(71.0M)(30.6M)(42.1M)(12.0M)(772K)(810.6K)
Retained Earnings(42.2M)(72.3M)(108.5M)(136.8M)(163.0M)(154.8M)
Accounts Payable3.3M2.3M2.8M820K1.4M1.7M
Cash72.3M36.5M62.1M31.3M15.9M15.1M
Non Current Assets Total7.6M9.7M11.4M8.7M40.5M42.6M
Non Currrent Assets Other70.9M5K7.5M(28.9M)(26.0M)(24.7M)
Cash And Short Term Investments82.3M56.3M62.1M33.3M15.9M15.1M
Net Receivables50K276K888K567K574K441.7K
Common Stock Shares Outstanding5.6M23.1M26.0M29.9M51.3M53.9M
Liabilities And Stockholders Equity92.1M70.4M78.0M45.5M58.2M61.2M
Non Current Liabilities Total1.4M5.7M19.4M16.6M43.9M46.1M
Other Current Assets244K1.5M3.5M2.6M1.2M1.5M
Other Stockholder Equity168.8M202.0M156.0M157.8M166.0M143.8M
Total Liab7.7M12.9M30.5M24.5M55.1M57.8M
Net Invested Capital84.5M57.5M61.9M35.9M14.3M13.6M
Total Current Assets84.5M60.7M66.6M36.9M17.6M16.8M
Net Working Capital78.3M53.5M55.6M28.9M6.5M6.1M
Property Plant Equipment887K3.0M6.7M9.8M11.3M11.9M
Property Plant And Equipment Net3.0M6.7M9.8M8.7M7.4M6.7M
Current Deferred Revenue60K65K2.0M242K28K26.6K
Capital Lease Obligations1.2M5.9M5.6M4.5M3.9M3.9M
Property Plant And Equipment Gross3.0M6.7M9.8M8.7M10.9M7.3M
Non Current Liabilities Other585K701K215K188K155K147.3K

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When determining whether Biomx Inc is a strong investment it is important to analyze Biomx'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 Biomx's future performance. For an informed investment choice regarding Biomx Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx 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 price.
Note that the Biomx Inc information on this page should be used as a complementary analysis to other Biomx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Biomx's price analysis, check to measure Biomx'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 Biomx is operating at the current time. Most of Biomx's value examination focuses on studying past and present price action to predict the probability of Biomx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomx's price. Additionally, you may evaluate how the addition of Biomx to your portfolios can decrease your overall portfolio volatility.
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Is Biomx'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 Biomx. If investors know Biomx 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 Biomx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Return On Assets
(0.45)
Return On Equity
(2.17)
The market value of Biomx Inc is measured differently than its book value, which is the value of Biomx that is recorded on the company's balance sheet. Investors also form their own opinion of Biomx's value that differs from its market value or its book value, called intrinsic value, which is Biomx'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 Biomx's market value can be influenced by many factors that don't directly affect Biomx'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 Biomx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomx'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.