Biodesix Stock Based Compensation vs Net Borrowings Analysis

BDSX Stock

USD 1.46 0.01 0.68%

Biodesix financial indicator trend analysis is way more than just evaluating Biodesix prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biodesix is a good investment. Please check the relationship between Biodesix Stock Based Compensation and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biodesix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Biodesix Stock please use our How to Invest in Biodesix guide.

Stock Based Compensation vs Net Borrowings

Stock Based Compensation vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biodesix Stock Based Compensation account and Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Biodesix's Stock Based Compensation and Net Borrowings is -0.12. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Biodesix, assuming nothing else is changed. The correlation between historical values of Biodesix's Stock Based Compensation and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Biodesix are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Stock Based Compensation i.e., Biodesix's Stock Based Compensation and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from Biodesix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biodesix 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 Biodesix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Biodesix Stock please use our How to Invest in Biodesix guide.Selling General Administrative is likely to drop to about 49.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 41 M in 2024

	2023	2024 (projected)
Depreciation And Amortization	5.5M	3.2M
Interest Income	16.2K	25.9K

Depreciation And Amortization Interest Income

Biodesix fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.46	0.72	0.9	0.96	-0.33	0.96	0.6	0.61	-0.49	-0.77	0.82	0.96	0.72	0.85	0.85	-0.05	0.96	0.88	0.93	0.94	0.57	-0.94	0.86	0.98	0.98
Short Long Term Debt Total	0.46		0.51	0.51	0.32	-0.26	0.36	0.74	-0.15	0.44	-0.63	0.27	0.22	0.85	0.66	0.66	0.81	0.22	0.44	0.57	0.43	0.62	-0.3	0.05	0.33	0.45
Other Current Liab	0.72	0.51		0.84	0.81	-0.79	0.83	0.73	0.16	-0.14	-0.87	0.27	0.59	0.82	0.78	0.78	0.1	0.59	0.42	0.92	0.87	0.65	-0.85	0.64	0.74	0.83
Total Current Liabilities	0.9	0.51	0.84		0.88	-0.37	0.88	0.63	0.57	-0.33	-0.81	0.69	0.82	0.71	0.78	0.78	-0.06	0.82	0.81	0.94	0.9	0.48	-0.88	0.83	0.9	0.9
Total Stockholder Equity	0.96	0.32	0.81	0.88		-0.54	1.0	0.62	0.51	-0.51	-0.83	0.66	0.93	0.69	0.86	0.86	-0.15	0.93	0.74	0.95	0.98	0.62	-0.99	0.88	0.97	0.98
Other Liab	-0.33	-0.26	-0.79	-0.37	-0.54		-0.55	-0.64	0.35	-0.08	0.72	0.25	-0.21	-0.63	-0.6	-0.6	-0.2	-0.21	0.12	-0.59	-0.59	-0.69	0.57	-0.23	-0.34	-0.5
Net Tangible Assets	0.96	0.36	0.83	0.88	1.0	-0.55		0.66	0.48	-0.47	-0.85	0.65	0.92	0.72	0.88	0.88	-0.11	0.92	0.73	0.96	0.99	0.65	-0.99	0.87	0.96	0.98
Property Plant And Equipment Net	0.6	0.74	0.73	0.63	0.62	-0.64	0.66		-0.18	0.35	-0.92	0.27	0.4	0.87	0.89	0.89	0.5	0.4	0.42	0.76	0.75	0.95	-0.58	0.35	0.55	0.64
Current Deferred Revenue	0.61	-0.15	0.16	0.57	0.51	0.35	0.48	-0.18		-0.82	-0.05	0.82	0.73	-0.02	0.12	0.12	-0.63	0.73	0.76	0.39	0.41	-0.26	-0.52	0.79	0.67	0.52
Net Debt	-0.49	0.44	-0.14	-0.33	-0.51	-0.08	-0.47	0.35	-0.82		-0.03	-0.52	-0.68	0.13	-0.05	-0.05	0.73	-0.68	-0.44	-0.29	-0.35	0.28	0.54	-0.68	-0.56	-0.48
Retained Earnings	-0.77	-0.63	-0.87	-0.81	-0.83	0.72	-0.85	-0.92	-0.05	-0.03		-0.36	-0.64	-0.86	-0.97	-0.97	-0.29	-0.64	-0.52	-0.91	-0.91	-0.85	0.81	-0.55	-0.73	-0.83
Accounts Payable	0.82	0.27	0.27	0.69	0.66	0.25	0.65	0.27	0.82	-0.52	-0.36		0.84	0.35	0.49	0.49	-0.22	0.84	0.97	0.6	0.62	0.22	-0.62	0.79	0.82	0.68
Cash	0.96	0.22	0.59	0.82	0.93	-0.21	0.92	0.4	0.73	-0.68	-0.64	0.84		0.5	0.73	0.73	-0.27	1.0	0.86	0.83	0.88	0.39	-0.91	0.9	0.96	0.92
Non Current Assets Total	0.72	0.85	0.82	0.71	0.69	-0.63	0.72	0.87	-0.02	0.13	-0.86	0.35	0.5		0.87	0.87	0.56	0.5	0.51	0.86	0.77	0.84	-0.68	0.41	0.65	0.77
Non Currrent Assets Other	0.85	0.66	0.78	0.78	0.86	-0.6	0.88	0.89	0.12	-0.05	-0.97	0.49	0.73	0.87		1.0	0.33	0.73	0.63	0.91	0.92	0.86	-0.82	0.56	0.78	0.87
Other Assets	0.85	0.66	0.78	0.78	0.86	-0.6	0.88	0.89	0.12	-0.05	-0.97	0.49	0.73	0.87	1.0		0.33	0.73	0.63	0.91	0.92	0.86	-0.82	0.56	0.78	0.87
Long Term Debt	-0.05	0.81	0.1	-0.06	-0.15	-0.2	-0.11	0.5	-0.63	0.73	-0.29	-0.22	-0.27	0.56	0.33	0.33		-0.27	-0.09	0.08	-0.03	0.49	0.18	-0.5	-0.21	-0.03
Cash And Short Term Investments	0.96	0.22	0.59	0.82	0.93	-0.21	0.92	0.4	0.73	-0.68	-0.64	0.84	1.0	0.5	0.73	0.73	-0.27		0.86	0.83	0.88	0.39	-0.91	0.9	0.96	0.92
Net Receivables	0.88	0.44	0.42	0.81	0.74	0.12	0.73	0.42	0.76	-0.44	-0.52	0.97	0.86	0.51	0.63	0.63	-0.09	0.86		0.72	0.72	0.32	-0.7	0.79	0.86	0.77
Good Will	0.93	0.57	0.92	0.94	0.95	-0.59	0.96	0.76	0.39	-0.29	-0.91	0.6	0.83	0.86	0.91	0.91	0.08	0.83	0.72		0.98	0.69	-0.95	0.79	0.92	0.97
Common Stock Total Equity	0.94	0.43	0.87	0.9	0.98	-0.59	0.99	0.75	0.41	-0.35	-0.91	0.62	0.88	0.77	0.92	0.92	-0.03	0.88	0.72	0.98		0.71	-0.97	0.83	0.94	0.97
Common Stock Shares Outstanding	0.57	0.62	0.65	0.48	0.62	-0.69	0.65	0.95	-0.26	0.28	-0.85	0.22	0.39	0.84	0.86	0.86	0.49	0.39	0.32	0.69	0.71		-0.57	0.31	0.52	0.61
Non Current Liabilities Total	-0.94	-0.3	-0.85	-0.88	-0.99	0.57	-0.99	-0.58	-0.52	0.54	0.81	-0.62	-0.91	-0.68	-0.82	-0.82	0.18	-0.91	-0.7	-0.95	-0.97	-0.57		-0.89	-0.95	-0.98
Inventory	0.86	0.05	0.64	0.83	0.88	-0.23	0.87	0.35	0.79	-0.68	-0.55	0.79	0.9	0.41	0.56	0.56	-0.5	0.9	0.79	0.79	0.83	0.31	-0.89		0.95	0.84
Other Current Assets	0.98	0.33	0.74	0.9	0.97	-0.34	0.96	0.55	0.67	-0.56	-0.73	0.82	0.96	0.65	0.78	0.78	-0.21	0.96	0.86	0.92	0.94	0.52	-0.95	0.95		0.96
Other Stockholder Equity	0.98	0.45	0.83	0.9	0.98	-0.5	0.98	0.64	0.52	-0.48	-0.83	0.68	0.92	0.77	0.87	0.87	-0.03	0.92	0.77	0.97	0.97	0.61	-0.98	0.84	0.96

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Biodesix Account Relationship Matchups

Biodesix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	41.6M	121.1M	76.1M	92.9M	99.1M	86.1M
Short Long Term Debt Total	36.0M	27.8M	10.0M	31.9M	60.7M	34.7M
Other Current Liab	7.4M	7.8M	25.4M	17.1M	29.6M	16.6M
Total Current Liabilities	22.6M	32.1M	29.0M	22.8M	33.4M	26.5M
Total Stockholder Equity	(228.5M)	41.2M	19.7M	20.6M	4.6M	4.8M
Other Liab	29.8M	31.9M	17.4M	19.2M	17.3M	19.8M
Net Tangible Assets	(255.3M)	12.9M	(6.9M)	(4.2M)	(4.9M)	(5.1M)
Property Plant And Equipment Net	2.1M	3.2M	4.2M	8.8M	29.6M	31.1M
Current Deferred Revenue	1.3M	3.5M	1.9M	962K	324K	307.8K
Net Debt	30.7M	(34.4M)	(22.7M)	(11.2M)	34.4M	36.1M
Retained Earnings	(230.9M)	(258.8M)	(302.0M)	(367.4M)	(419.6M)	(440.5M)
Accounts Payable	1.7M	9.0M	1.7M	1.7M	2.9M	3.3M
Cash	5.3M	62.1M	32.7M	43.1M	26.3M	32.2M
Non Current Assets Total	28.9M	34.9M	32.5M	39.6M	59.4M	41.2M
Non Currrent Assets Other	90K	3.5M	1.7M	5.9M	6.9M	7.2M
Other Assets	90K	3.5M	1.7M	5.9M	6.8M	7.2M
Long Term Debt	23.8M	15.9M	10.0M	25.0M	35.2M	24.4M
Cash And Short Term Investments	5.3M	62.1M	32.7M	43.1M	26.3M	32.2M
Net Receivables	5.3M	15.3M	3.7M	5.1M	7.7M	7.1M
Common Stock Shares Outstanding	254.9K	26.6M	27.4M	42.1M	82.1M	86.2M
Liabilities And Stockholders Equity	41.6M	121.1M	76.1M	92.9M	99.1M	86.1M
Non Current Liabilities Total	247.6M	47.8M	27.4M	49.5M	61.1M	88.8M
Inventory	800K	3.2M	2.9M	1.4M	1.6M	1.9M
Other Current Assets	2.1M	5.5M	4.3M	3.8M	4.3M	4.1M
Other Stockholder Equity	2.3M	421.0M	321.7M	387.9M	424.1M	286.9M
Total Liab	270.2M	79.9M	56.4M	72.3M	94.5M	108.0M
Net Invested Capital	(192.6M)	68.9M	29.7M	45.7M	39.9M	41.8M
Property Plant And Equipment Gross	2.1M	3.2M	4.2M	8.8M	35.2M	37.0M
Total Current Assets	12.7M	86.1M	43.6M	53.3M	39.7M	45.0M
Non Current Liabilities Other	29.5M	31.9M	17.4M	19.2M	712K	676.4K
Net Working Capital	(9.9M)	54.0M	14.7M	30.5M	6.3M	6.0M
Intangible Assets	15.1M	13.3M	11.6M	9.8M	7.9M	9.9M
Property Plant Equipment	2.1M	3.2M	4.2M	8.8M	10.1M	10.7M

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Biodesix Stock Based Compensation vs Net Borrowings Analysis

Stock Based Compensation vs Net Borrowings

Stock Based Compensation vs Net Borrowings Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Net Borrowings

Biodesix fundamental ratios Correlations

Biodesix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Biodesix fundamental ratios Accounts

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Additional Tools for Biodesix Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Other Assets	+ 1.0	Non Currrent Assets Other
Common Stock Total Equity	+ 0.99	Net Tangible Assets
Other Current Assets	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Total Assets

Non Current Liabilities Total	- 0.99	Net Tangible Assets
Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Other Stockholder Equity	- 0.98	Non Current Liabilities Total
Non Current Liabilities Total	- 0.97	Common Stock Total Equity
Other Assets	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.97	Retained Earnings