Beyond Total Stockholder Equity vs Capital Surpluse Analysis

XAIR Stock  USD 1.23  0.03  2.50%   
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 Total Stockholder Equity 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.

Total Stockholder Equity vs Capital Surpluse

Total Stockholder Equity vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beyond Air Total Stockholder Equity account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beyond Air's Total Stockholder Equity and Capital Surpluse is 0.91. Overlapping area represents the amount of variation of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., Beyond Air's Total Stockholder Equity and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 05/30/2024, 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 Depreciation1.2M1.3M1.4M
Cost Of Revenue555K499.5K474.5K

Beyond Air fundamental ratios Correlations

-0.360.880.980.89-0.87-0.950.790.870.920.360.150.990.960.850.990.970.941.0-0.410.690.90.970.980.980.94
-0.36-0.28-0.37-0.450.340.290.08-0.33-0.430.510.37-0.34-0.31-0.07-0.34-0.33-0.28-0.35-0.1-0.18-0.44-0.34-0.31-0.37-0.34
0.88-0.280.780.98-0.54-0.950.850.540.980.4-0.190.810.960.660.860.960.980.85-0.370.520.790.960.910.940.7
0.98-0.370.780.81-0.94-0.880.710.940.840.320.261.00.90.860.980.910.870.99-0.40.710.890.910.960.940.97
0.89-0.450.980.81-0.58-0.950.790.581.00.28-0.220.840.960.650.870.970.970.87-0.330.560.830.970.910.950.73
-0.870.34-0.54-0.94-0.580.71-0.51-0.99-0.62-0.25-0.45-0.92-0.71-0.82-0.88-0.73-0.66-0.90.34-0.65-0.79-0.73-0.82-0.78-0.95
-0.950.29-0.95-0.88-0.950.71-0.88-0.72-0.96-0.43-0.01-0.91-0.99-0.82-0.93-0.98-0.98-0.930.44-0.7-0.9-0.98-0.96-0.97-0.84
0.790.080.850.710.79-0.51-0.880.540.80.550.120.750.880.730.760.870.880.78-0.520.750.70.860.840.840.67
0.87-0.330.540.940.58-0.99-0.720.540.620.260.450.920.710.850.880.730.660.89-0.350.720.840.730.820.780.97
0.92-0.430.980.841.0-0.62-0.960.80.620.31-0.180.860.970.690.90.980.980.9-0.350.570.840.980.930.970.76
0.360.510.40.320.28-0.25-0.430.550.260.310.520.370.420.60.370.40.410.36-0.610.260.250.40.440.380.34
0.150.37-0.190.26-0.22-0.45-0.010.120.45-0.180.520.250.010.510.140.0-0.040.19-0.530.320.070.010.120.030.32
0.99-0.340.811.00.84-0.92-0.910.750.920.860.370.250.920.880.990.930.91.0-0.420.70.890.930.970.950.96
0.96-0.310.960.90.96-0.71-0.990.880.710.970.420.010.920.790.941.00.990.94-0.430.690.871.00.980.990.84
0.85-0.070.660.860.65-0.82-0.820.730.850.690.60.510.880.790.830.790.780.86-0.60.720.830.80.830.80.87
0.99-0.340.860.980.87-0.88-0.930.760.880.90.370.140.990.940.830.950.920.99-0.360.680.890.950.980.970.94
0.97-0.330.960.910.97-0.73-0.980.870.730.980.40.00.931.00.790.950.990.96-0.430.680.881.00.980.990.85
0.94-0.280.980.870.97-0.66-0.980.880.660.980.41-0.040.90.990.780.920.990.93-0.420.620.850.990.950.970.79
1.0-0.350.850.990.87-0.9-0.930.780.890.90.360.191.00.940.860.990.960.93-0.420.690.90.950.980.970.95
-0.41-0.1-0.37-0.4-0.330.340.44-0.52-0.35-0.35-0.61-0.53-0.42-0.43-0.6-0.36-0.43-0.42-0.42-0.42-0.36-0.43-0.43-0.41-0.39
0.69-0.180.520.710.56-0.65-0.70.750.720.570.260.320.70.690.720.680.680.620.69-0.420.750.670.730.690.76
0.9-0.440.790.890.83-0.79-0.90.70.840.840.250.070.890.870.830.890.880.850.9-0.360.750.880.890.890.92
0.97-0.340.960.910.97-0.73-0.980.860.730.980.40.010.931.00.80.951.00.990.95-0.430.670.880.980.990.85
0.98-0.310.910.960.91-0.82-0.960.840.820.930.440.120.970.980.830.980.980.950.98-0.430.730.890.980.990.91
0.98-0.370.940.940.95-0.78-0.970.840.780.970.380.030.950.990.80.970.990.970.97-0.410.690.890.990.990.89
0.94-0.340.70.970.73-0.95-0.840.670.970.760.340.320.960.840.870.940.850.790.95-0.390.760.920.850.910.89
Click cells to compare fundamentals

Beyond Air Account Relationship Matchups

Beyond Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.4M40.5M99.2M68.7M79.1M83.0M
Other Current Liab1.7M1.3M(1K)1K(900.0)(855.0)
Total Current Liabilities4.9M3.8M10.7M19.8M22.7M23.9M
Total Stockholder Equity18.1M30.5M72.7M37.9M43.6M45.8M
Property Plant And Equipment Net407.1K2.8M4.2M7.5M8.6M9.1M
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 Payable2.3M1.3M1.1M2.0M2.3M2.4M
Cash19.8M34.6M80.2M29.2M33.5M18.3M
Non Current Assets Total819.8K3.3M6.3M9.3M10.7M11.3M
Cash And Short Term Investments19.8M34.6M80.2M45.9M52.8M55.4M
Common Stock Shares Outstanding11.5M18.0M25.7M30.0M34.5M36.2M
Non Current Liabilities Total4.5M6.3M10.3M6.9M8.0M4.4M
Other Current Assets131.7K246K508K338K388.7K408.1K
Other Stockholder Equity75.7M110.9M196.2M217.3M249.9M262.4M
Total Liab9.3M10.1M21.0M26.7M30.7M32.3M
Total Current Assets26.6M37.2M92.9M59.4M68.3M71.7M
Common Stock871.01.6K2K3K2.7K3.5K
Short Long Term Debt Total4.9M6.9M3.5M3.6M4.1M2.4M
Common Stock Total Equity871.01.6K2.2K3K3.5K1.8K
Liabilities And Stockholders Equity27.4M40.5M99.2M68.7M79.1M83.0M
Accumulated Other Comprehensive Income0.01K96K53K61.0K64.0K
Capital Surpluse75.7M110.9M196.3M217.3M249.9M262.4M
Short Long Term Debt335.4K556.5K927K775K891.3K935.8K
Short Term Debt404.7K670K1.2M1.2M1.3M1.4M
Net Tangible Assets17.7M30.5M72.7M37.9M43.6M23.4M
Current Deferred Revenue873.2K1.8M8.4M16.6M19.1M20.1M
Net Receivables124.1K466K604K651K748.7K786.1K
Inventory6.5M1.9M350K1.1M1.3M1.6M
Property Plant Equipment340.1K928.8K2.0M5.0M5.8M6.0M
Net Invested Capital22.8M35.5M73.8M38.8M44.6M30.6M
Property Plant And Equipment Gross340.1K2.8M5.0M8.8M10.1M10.6M
Net Working Capital21.8M33.4M82.2M39.6M45.6M33.2M
Intangible Assets412.8K375K1.8M1.6M1.9M1.0M

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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:
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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
(2.33)
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.