Beyond Intangible Assets vs Property Plant Equipment Analysis
XAIR Stock | USD 1.37 0.02 1.44% |
Beyond Air financial indicator trend analysis is way more than just evaluating Beyond Air prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Air is a good investment. Please check the relationship between Beyond Air Intangible Assets and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Beyond Air. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.
Intangible Assets vs Property Plant Equipment
Intangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Air Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beyond Air's Intangible Assets and Property Plant Equipment is 0.8. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Beyond Air, assuming nothing else is changed. The correlation between historical values of Beyond Air's Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Beyond Air are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Beyond Air's Intangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Property Plant Equipment
Most indicators from Beyond Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Air 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Beyond Air. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.At this time, Beyond Air's Selling General Administrative is relatively stable compared to the past year. As of 05/19/2024, Sales General And Administrative To Revenue is likely to grow to 11.33, while Issuance Of Capital Stock is likely to drop slightly above 4 M.
2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.2M | 1.3M | 1.4M | Cost Of Revenue | 555K | 499.5K | 474.5K |
Beyond Air fundamental ratios Correlations
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Beyond Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beyond Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.4M | 40.5M | 99.2M | 68.7M | 79.1M | 83.0M | |
Other Current Liab | 1.7M | 1.3M | (1K) | 1K | (900.0) | (855.0) | |
Total Current Liabilities | 4.9M | 3.8M | 10.7M | 19.8M | 22.7M | 23.9M | |
Total Stockholder Equity | 18.1M | 30.5M | 72.7M | 37.9M | 43.6M | 45.8M | |
Property Plant And Equipment Net | 407.1K | 2.8M | 4.2M | 7.5M | 8.6M | 9.1M | |
Net Debt | (15.0M) | (27.7M) | (76.8M) | (25.6M) | (23.0M) | (24.2M) | |
Retained Earnings | (57.6M) | (80.5M) | (123.6M) | (179.5M) | (161.5M) | (153.4M) | |
Accounts Payable | 2.3M | 1.3M | 1.1M | 2.0M | 2.3M | 2.4M | |
Cash | 19.8M | 34.6M | 80.2M | 29.2M | 33.5M | 18.3M | |
Non Current Assets Total | 819.8K | 3.3M | 6.3M | 9.3M | 10.7M | 11.3M | |
Cash And Short Term Investments | 19.8M | 34.6M | 80.2M | 45.9M | 52.8M | 55.4M | |
Common Stock Shares Outstanding | 11.5M | 18.0M | 25.7M | 30.0M | 34.5M | 36.2M | |
Non Current Liabilities Total | 4.5M | 6.3M | 10.3M | 6.9M | 8.0M | 4.4M | |
Other Current Assets | 131.7K | 246K | 508K | 338K | 388.7K | 408.1K | |
Other Stockholder Equity | 75.7M | 110.9M | 196.2M | 217.3M | 249.9M | 262.4M | |
Total Liab | 9.3M | 10.1M | 21.0M | 26.7M | 30.7M | 32.3M | |
Total Current Assets | 26.6M | 37.2M | 92.9M | 59.4M | 68.3M | 71.7M | |
Common Stock | 871.0 | 1.6K | 2K | 3K | 2.7K | 3.5K | |
Short Long Term Debt Total | 4.9M | 6.9M | 3.5M | 3.6M | 4.1M | 2.4M | |
Common Stock Total Equity | 871.0 | 1.6K | 2.2K | 3K | 3.5K | 1.8K | |
Liabilities And Stockholders Equity | 27.4M | 40.5M | 99.2M | 68.7M | 79.1M | 83.0M | |
Accumulated Other Comprehensive Income | 0.0 | 1K | 96K | 53K | 61.0K | 64.0K | |
Capital Surpluse | 75.7M | 110.9M | 196.3M | 217.3M | 249.9M | 262.4M | |
Short Long Term Debt | 335.4K | 556.5K | 927K | 775K | 891.3K | 935.8K | |
Short Term Debt | 404.7K | 670K | 1.2M | 1.2M | 1.3M | 1.4M | |
Net Tangible Assets | 17.7M | 30.5M | 72.7M | 37.9M | 43.6M | 23.4M | |
Current Deferred Revenue | 873.2K | 1.8M | 8.4M | 16.6M | 19.1M | 20.1M | |
Net Receivables | 124.1K | 466K | 604K | 651K | 748.7K | 786.1K | |
Inventory | 6.5M | 1.9M | 350K | 1.1M | 1.3M | 1.6M | |
Property Plant Equipment | 340.1K | 928.8K | 2.0M | 5.0M | 5.8M | 6.0M | |
Net Invested Capital | 22.8M | 35.5M | 73.8M | 38.8M | 44.6M | 30.6M | |
Property Plant And Equipment Gross | 340.1K | 2.8M | 5.0M | 8.8M | 10.1M | 10.6M | |
Net Working Capital | 21.8M | 33.4M | 82.2M | 39.6M | 45.6M | 33.2M | |
Intangible Assets | 412.8K | 375K | 1.8M | 1.6M | 1.9M | 1.0M |
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Is Beyond Air'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 Beyond Air. If investors know Beyond 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 Beyond Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.13) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.53) | Return On Assets (0.64) | Return On Equity (1.80) |
The market value of Beyond Air is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Air's value that differs from its market value or its book value, called intrinsic value, which is Beyond Air'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 Beyond Air's market value can be influenced by many factors that don't directly affect Beyond Air'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 Beyond Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Air'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.