Beyond Net Debt vs Capital Surpluse 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 Net Debt and its Capital Surpluse 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.

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Air Net Debt account and Capital Surpluse. At this time, the significance of the direction appears to have pay attention.

The correlation between Beyond Air's Net Debt and Capital Surpluse is -0.73. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Surpluse 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 Net Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Beyond Air are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Debt i.e., Beyond Air's Net Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Surpluse

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

Reconciled Depreciation Cost Of Revenue

Beyond Air fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Common Stock Total Equity	Capital Surpluse	Short Long Term Debt	Short Term Debt	Net Tangible Assets
Total Assets		-0.36	0.88	0.98	0.89	-0.87	-0.95	0.79	0.87	0.92	0.36	0.15	0.99	0.96	0.85	0.99	0.97	0.94	1.0	-0.41	0.69	0.9	0.97	0.98	0.98	0.94
Other Current Liab	-0.36		-0.28	-0.37	-0.45	0.34	0.29	0.08	-0.33	-0.43	0.51	0.37	-0.34	-0.31	-0.07	-0.34	-0.33	-0.28	-0.35	-0.1	-0.18	-0.44	-0.34	-0.31	-0.37	-0.34
Total Current Liabilities	0.88	-0.28		0.78	0.98	-0.54	-0.95	0.85	0.54	0.98	0.4	-0.19	0.81	0.96	0.66	0.86	0.96	0.98	0.85	-0.37	0.52	0.79	0.96	0.91	0.94	0.7
Total Stockholder Equity	0.98	-0.37	0.78		0.81	-0.94	-0.88	0.71	0.94	0.84	0.32	0.26	1.0	0.9	0.86	0.98	0.91	0.87	0.99	-0.4	0.71	0.89	0.91	0.96	0.94	0.97
Property Plant And Equipment Net	0.89	-0.45	0.98	0.81		-0.58	-0.95	0.79	0.58	1.0	0.28	-0.22	0.84	0.96	0.65	0.87	0.97	0.97	0.87	-0.33	0.56	0.83	0.97	0.91	0.95	0.73
Net Debt	-0.87	0.34	-0.54	-0.94	-0.58		0.71	-0.51	-0.99	-0.62	-0.25	-0.45	-0.92	-0.71	-0.82	-0.88	-0.73	-0.66	-0.9	0.34	-0.65	-0.79	-0.73	-0.82	-0.78	-0.95
Retained Earnings	-0.95	0.29	-0.95	-0.88	-0.95	0.71		-0.88	-0.72	-0.96	-0.43	-0.01	-0.91	-0.99	-0.82	-0.93	-0.98	-0.98	-0.93	0.44	-0.7	-0.9	-0.98	-0.96	-0.97	-0.84
Accounts Payable	0.79	0.08	0.85	0.71	0.79	-0.51	-0.88		0.54	0.8	0.55	0.12	0.75	0.88	0.73	0.76	0.87	0.88	0.78	-0.52	0.75	0.7	0.86	0.84	0.84	0.67
Cash	0.87	-0.33	0.54	0.94	0.58	-0.99	-0.72	0.54		0.62	0.26	0.45	0.92	0.71	0.85	0.88	0.73	0.66	0.89	-0.35	0.72	0.84	0.73	0.82	0.78	0.97
Non Current Assets Total	0.92	-0.43	0.98	0.84	1.0	-0.62	-0.96	0.8	0.62		0.31	-0.18	0.86	0.97	0.69	0.9	0.98	0.98	0.9	-0.35	0.57	0.84	0.98	0.93	0.97	0.76
Non Currrent Assets Other	0.36	0.51	0.4	0.32	0.28	-0.25	-0.43	0.55	0.26	0.31		0.52	0.37	0.42	0.6	0.37	0.4	0.41	0.36	-0.61	0.26	0.25	0.4	0.44	0.38	0.34
Other Assets	0.15	0.37	-0.19	0.26	-0.22	-0.45	-0.01	0.12	0.45	-0.18	0.52		0.25	0.01	0.51	0.14	0.0	-0.04	0.19	-0.53	0.32	0.07	0.01	0.12	0.03	0.32
Cash And Short Term Investments	0.99	-0.34	0.81	1.0	0.84	-0.92	-0.91	0.75	0.92	0.86	0.37	0.25		0.92	0.88	0.99	0.93	0.9	1.0	-0.42	0.7	0.89	0.93	0.97	0.95	0.96
Common Stock Shares Outstanding	0.96	-0.31	0.96	0.9	0.96	-0.71	-0.99	0.88	0.71	0.97	0.42	0.01	0.92		0.79	0.94	1.0	0.99	0.94	-0.43	0.69	0.87	1.0	0.98	0.99	0.84
Non Current Liabilities Total	0.85	-0.07	0.66	0.86	0.65	-0.82	-0.82	0.73	0.85	0.69	0.6	0.51	0.88	0.79		0.83	0.79	0.78	0.86	-0.6	0.72	0.83	0.8	0.83	0.8	0.87
Other Current Assets	0.99	-0.34	0.86	0.98	0.87	-0.88	-0.93	0.76	0.88	0.9	0.37	0.14	0.99	0.94	0.83		0.95	0.92	0.99	-0.36	0.68	0.89	0.95	0.98	0.97	0.94
Other Stockholder Equity	0.97	-0.33	0.96	0.91	0.97	-0.73	-0.98	0.87	0.73	0.98	0.4	0.0	0.93	1.0	0.79	0.95		0.99	0.96	-0.43	0.68	0.88	1.0	0.98	0.99	0.85
Total Liab	0.94	-0.28	0.98	0.87	0.97	-0.66	-0.98	0.88	0.66	0.98	0.41	-0.04	0.9	0.99	0.78	0.92	0.99		0.93	-0.42	0.62	0.85	0.99	0.95	0.97	0.79
Total Current Assets	1.0	-0.35	0.85	0.99	0.87	-0.9	-0.93	0.78	0.89	0.9	0.36	0.19	1.0	0.94	0.86	0.99	0.96	0.93		-0.42	0.69	0.9	0.95	0.98	0.97	0.95
Common Stock	-0.41	-0.1	-0.37	-0.4	-0.33	0.34	0.44	-0.52	-0.35	-0.35	-0.61	-0.53	-0.42	-0.43	-0.6	-0.36	-0.43	-0.42	-0.42		-0.42	-0.36	-0.43	-0.43	-0.41	-0.39
Short Long Term Debt Total	0.69	-0.18	0.52	0.71	0.56	-0.65	-0.7	0.75	0.72	0.57	0.26	0.32	0.7	0.69	0.72	0.68	0.68	0.62	0.69	-0.42		0.75	0.67	0.73	0.69	0.76
Common Stock Total Equity	0.9	-0.44	0.79	0.89	0.83	-0.79	-0.9	0.7	0.84	0.84	0.25	0.07	0.89	0.87	0.83	0.89	0.88	0.85	0.9	-0.36	0.75		0.88	0.89	0.89	0.92
Capital Surpluse	0.97	-0.34	0.96	0.91	0.97	-0.73	-0.98	0.86	0.73	0.98	0.4	0.01	0.93	1.0	0.8	0.95	1.0	0.99	0.95	-0.43	0.67	0.88		0.98	0.99	0.85
Short Long Term Debt	0.98	-0.31	0.91	0.96	0.91	-0.82	-0.96	0.84	0.82	0.93	0.44	0.12	0.97	0.98	0.83	0.98	0.98	0.95	0.98	-0.43	0.73	0.89	0.98		0.99	0.91
Short Term Debt	0.98	-0.37	0.94	0.94	0.95	-0.78	-0.97	0.84	0.78	0.97	0.38	0.03	0.95	0.99	0.8	0.97	0.99	0.97	0.97	-0.41	0.69	0.89	0.99	0.99		0.89
Net Tangible Assets	0.94	-0.34	0.7	0.97	0.73	-0.95	-0.84	0.67	0.97	0.76	0.34	0.32	0.96	0.84	0.87	0.94	0.85	0.79	0.95	-0.39	0.76	0.92	0.85	0.91	0.89

Click cells to compare fundamentals

Beyond Air Account Relationship Matchups

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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When determining whether Beyond Air is a strong investment it is important to analyze Beyond Air'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 Beyond Air's future performance. For an informed investment choice regarding Beyond Stock, refer to the following important reports:

How To Invest In Beyond

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Is Beyond Stock a good investment?

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What is Beyond Air's Net Worth?

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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.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Beyond Air's price analysis, check to measure Beyond Air'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 Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air to your portfolios can decrease your overall portfolio volatility.

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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.

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Beyond Net Debt vs Capital Surpluse Analysis

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Debt

Capital Surpluse

Beyond Air fundamental ratios Correlations

Beyond Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beyond Air fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Beyond Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Capital Surpluse	+ 1.0	Common Stock Shares Outstanding

Common Stock Shares Outstanding	- 0.99	Retained Earnings
Cash	- 0.99	Net Debt
Capital Surpluse	- 0.98	Retained Earnings
Total Liab	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Short Term Debt	- 0.97	Retained Earnings