BIO Non Current Assets Total vs Accounts Payable Analysis

BKYI Stock  USD 1.94  0.03  1.57%   
BIO Key financial indicator trend analysis is way more than just evaluating BIO Key International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BIO Key International is a good investment. Please check the relationship between BIO Key Non Current Assets Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIO Key International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BIO Key International Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BIO Key's Non Current Assets Total and Accounts Payable is -0.06. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of BIO Key International, assuming nothing else is changed. The correlation between historical values of BIO Key's Non Current Assets Total 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 Non Current Assets Total of BIO Key International 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 Non Current Assets Total i.e., BIO Key's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents BIO Key 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 BIO Key International 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 BIO Key's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BIO Key International 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 BIO Key International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
The BIO Key's current Tax Provision is estimated to increase to about 128.5 K, while Selling General Administrative is projected to decrease to under 5.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses8.4M13.3M9.7M7.5M
Cost Of Revenue1.7M2.0M2.9M1.6M

BIO Key fundamental ratios Correlations

0.160.330.110.980.28-0.64-0.530.040.650.72-0.310.64-0.590.320.320.550.620.10.280.87-0.09-0.640.7-0.370.37
0.160.060.20.130.050.33-0.170.21-0.310.46-0.37-0.31-0.360.49-0.020.450.190.210.05-0.060.19-0.290.43-0.440.28
0.330.060.60.240.330.11-0.640.26-0.010.360.06-0.01-0.690.120.59-0.060.640.610.330.280.26-0.760.35-0.350.49
0.110.20.6-0.060.570.24-0.70.78-0.04-0.06-0.03-0.03-0.56-0.240.58-0.070.630.960.570.230.89-0.590.19-0.160.05
0.980.130.24-0.060.17-0.68-0.41-0.10.650.75-0.310.64-0.510.360.240.570.52-0.050.170.84-0.25-0.550.68-0.350.37
0.280.050.330.570.17-0.36-0.690.110.52-0.11-0.230.55-0.5-0.340.29-0.270.590.571.00.450.63-0.51-0.150.11-0.09
-0.640.330.110.24-0.68-0.360.30.35-0.97-0.10.14-0.970.20.110.0-0.06-0.310.2-0.36-0.770.260.21-0.060.030.11
-0.53-0.17-0.64-0.7-0.41-0.690.3-0.36-0.45-0.170.19-0.450.87-0.07-0.710.11-0.95-0.73-0.69-0.66-0.530.86-0.250.43-0.12
0.040.210.260.78-0.10.110.35-0.36-0.22-0.060.02-0.22-0.28-0.020.360.260.340.670.110.090.66-0.330.38-0.24-0.12
0.65-0.31-0.01-0.040.650.52-0.97-0.45-0.220.04-0.171.0-0.28-0.20.13-0.020.450.00.520.83-0.05-0.30.040.01-0.14
0.720.460.36-0.060.75-0.11-0.1-0.17-0.060.04-0.240.03-0.50.60.080.660.3-0.05-0.110.35-0.29-0.540.73-0.460.76
-0.31-0.370.06-0.03-0.31-0.230.140.190.02-0.17-0.24-0.170.11-0.09-0.19-0.15-0.23-0.07-0.23-0.28-0.120.09-0.19-0.2-0.07
0.64-0.31-0.01-0.030.640.55-0.97-0.45-0.221.00.03-0.17-0.28-0.220.12-0.030.450.010.550.82-0.03-0.30.030.02-0.14
-0.59-0.36-0.69-0.56-0.51-0.50.20.87-0.28-0.28-0.50.11-0.28-0.37-0.45-0.14-0.83-0.56-0.5-0.52-0.280.97-0.460.72-0.41
0.320.490.12-0.240.36-0.340.11-0.07-0.02-0.20.6-0.09-0.22-0.37-0.050.440.1-0.28-0.340.01-0.4-0.330.55-0.640.28
0.32-0.020.590.580.240.290.0-0.710.360.130.08-0.190.12-0.45-0.05-0.170.80.660.290.520.46-0.480.24-0.080.06
0.550.45-0.06-0.070.57-0.27-0.060.110.26-0.020.66-0.15-0.03-0.140.44-0.17-0.01-0.13-0.270.29-0.19-0.170.86-0.390.19
0.620.190.640.630.520.59-0.31-0.950.340.450.3-0.230.45-0.830.10.8-0.010.720.590.750.45-0.830.38-0.40.16
0.10.210.610.96-0.050.570.2-0.730.670.0-0.05-0.070.01-0.56-0.280.66-0.130.720.570.290.86-0.590.16-0.120.02
0.280.050.330.570.171.0-0.36-0.690.110.52-0.11-0.230.55-0.5-0.340.29-0.270.590.570.450.63-0.51-0.150.11-0.09
0.87-0.060.280.230.840.45-0.77-0.660.090.830.35-0.280.82-0.520.010.520.290.750.290.450.1-0.550.49-0.210.01
-0.090.190.260.89-0.250.630.26-0.530.66-0.05-0.29-0.12-0.03-0.28-0.40.46-0.190.450.860.630.1-0.28-0.060.15-0.19
-0.64-0.29-0.76-0.59-0.55-0.510.210.86-0.33-0.3-0.540.09-0.30.97-0.33-0.48-0.17-0.83-0.59-0.51-0.55-0.28-0.480.64-0.45
0.70.430.350.190.68-0.15-0.06-0.250.380.040.73-0.190.03-0.460.550.240.860.380.16-0.150.49-0.06-0.48-0.540.28
-0.37-0.44-0.35-0.16-0.350.110.030.43-0.240.01-0.46-0.20.020.72-0.64-0.08-0.39-0.4-0.120.11-0.210.150.64-0.54-0.32
0.370.280.490.050.37-0.090.11-0.12-0.12-0.140.76-0.07-0.14-0.410.280.060.190.160.02-0.090.01-0.19-0.450.28-0.32
Click cells to compare fundamentals

BIO Key Account Relationship Matchups

BIO Key fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5M22.5M17.8M11.9M13.7M10.2M
Other Current Liab686.9K508.5K865.6K1.0M908.2K968.8K
Total Current Liabilities4.4M1.9M2.0M4.6M4.2M3.1M
Total Stockholder Equity(2.3M)20.3M15.6M7.1M8.1M8.5M
Property Plant And Equipment Net662.0K569.1K323.3K304.8K350.5K224.3K
Net Debt2.7M(16.3M)(7.5M)(414.1K)(372.7K)(354.0K)
Retained Earnings(89.7M)(99.5M)(104.6M)(114.8M)(103.3M)(98.2M)
Accounts Payable919.3K244.2K427.8K1.1M1.3M638.2K
Cash79.0K17.0M7.8M2.6M3.0M2.0M
Non Current Assets Total1.1M3.6M3.8M2.5M2.9M5.2M
Non Currrent Assets Other240.2K174.0K370.7K437.8K503.4K478.3K
Cash And Short Term Investments591.8K17.5M7.8M2.6M3.0M2.1M
Common Stock Total Equity769.01.4K1.4K782.0703.8668.61
Common Stock Shares Outstanding98.8K261.2K432.9K450.0K504.5K388.8K
Liabilities And Stockholders Equity2.5M22.5M17.8M11.9M13.7M10.2M
Inventory429.1K330.9K4.9M4.8M5.6M5.8M
Other Current Assets108.4K201.5K216.0K327.0K376.1K357.3K
Other Stockholder Equity87.4M119.8M120.2M122.1M140.4M147.4M
Total Liab4.8M2.2M2.2M4.9M4.4M4.8M
Property Plant And Equipment Gross662.0K569.1K323.3K304.8K350.5K224.3K
Total Current Assets1.4M18.9M14.0M9.4M10.8M11.3M
Short Term Debt2.4M466.3K177.2K2.1M1.9M1.0M
Common Stock1.4K782.0786.0919.0827.1785.75
Net Receivables236.9K903.5K1.1M1.6M1.8M1.6M
Non Current Liabilities Total390.5K309.2K154.3K210.0K189.0K179.5K
Accumulated Other Comprehensive Income(690.5K)(772.3K)0.0(242.6K)(218.3K)(229.3K)
Other Assets327.9K240.2K174.0K370.7K333.7K317.0K
Property Plant Equipment148.6K662.0K569.1K323.3K371.8K240.4K
Current Deferred Revenue359.2K657.3K565.4K462.4K416.2K395.4K
Intangible Assets228.2K1.6M1.3M1.8M1.6M2.7M
Deferred Long Term Liab319.2K231.5K165.3K249.0K286.4K248.3K
Net Tangible Assets3.5M(2.5M)17.5M13.0M14.9M15.7M
Capital Surpluse80.8M85.6M87.4M119.8M137.8M88.3M
Net Invested Capital(29.7K)20.6M15.6M9.1M10.4M12.7M

Currently Active Assets on Macroaxis

When determining whether BIO Key International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BIO Key'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 Bio Key International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Key International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIO Key International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running BIO Key's price analysis, check to measure BIO Key'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 BIO Key is operating at the current time. Most of BIO Key's value examination focuses on studying past and present price action to predict the probability of BIO Key's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIO Key's price. Additionally, you may evaluate how the addition of BIO Key to your portfolios can decrease your overall portfolio volatility.
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Is BIO Key'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 BIO Key. If investors know BIO 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 BIO Key listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.62)
Revenue Per Share
17.484
Quarterly Revenue Growth
0.323
Return On Assets
(0.27)
Return On Equity
(1.26)
The market value of BIO Key International is measured differently than its book value, which is the value of BIO that is recorded on the company's balance sheet. Investors also form their own opinion of BIO Key's value that differs from its market value or its book value, called intrinsic value, which is BIO Key'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 BIO Key's market value can be influenced by many factors that don't directly affect BIO Key'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 BIO Key's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIO Key is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIO Key'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.