Biodesix Stock Return On Equity

BDSX Stock

USD 1.47 0.10 6.37%

Biodesix fundamentals help investors to digest information that contributes to Biodesix's financial success or failures. It also enables traders to predict the movement of Biodesix Stock. The fundamental analysis module provides a way to measure Biodesix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Biodesix stock.

		Last Reported	Projected for Next Year
	Return On Equity	(11.39)	(10.82)

Return On Equity is likely to rise to -10.82 in 2024.

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Biodesix Company Return On Equity Analysis

Biodesix's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Biodesix Return On Equity

-3.32

Most of Biodesix's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Biodesix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Biodesix Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Biodesix is extremely important. It helps to project a fair market value of Biodesix Stock properly, considering its historical fundamentals such as Return On Equity. Since Biodesix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Biodesix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Biodesix's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Deferred Long Term Liab
Total Assets		0.96	0.96	0.61	-0.49	-0.77	0.82	-0.05	0.88	0.93	-0.92	0.97	0.97	0.78	0.75	-0.85	0.78	0.75	-0.68	-0.67	-0.43
Total Stockholder Equity	0.96		1.0	0.51	-0.51	-0.83	0.66	-0.15	0.74	0.95	-0.99	1.0	0.92	0.82	0.68	-0.9	0.82	0.8	-0.82	-0.81	-0.47
Net Tangible Assets	0.96	1.0		0.48	-0.47	-0.85	0.65	-0.11	0.73	0.96	-0.99	1.0	0.91	0.85	0.65	-0.91	0.85	0.82	-0.84	-0.83	-0.51
Current Deferred Revenue	0.61	0.51	0.48		-0.82	-0.05	0.82	-0.63	0.76	0.39	-0.5	0.5	0.75	0.01	0.78	-0.21	0.01	-0.02	-0.02	-0.03	0.24
Net Debt	-0.49	-0.51	-0.47	-0.82		-0.03	-0.52	0.73	-0.44	-0.29	0.55	-0.47	-0.65	0.03	-0.84	0.14	0.03	0.07	0.12	0.09	-0.44
Retained Earnings	-0.77	-0.83	-0.85	-0.05	-0.03		-0.36	-0.29	-0.52	-0.91	0.8	-0.85	-0.64	-0.99	-0.23	0.97	-0.99	-0.99	0.93	0.92	0.79
Accounts Payable	0.82	0.66	0.65	0.82	-0.52	-0.36		-0.22	0.97	0.6	-0.6	0.68	0.87	0.37	0.79	-0.44	0.37	0.32	-0.16	-0.17	-0.23
Long Term Debt	-0.05	-0.15	-0.11	-0.63	0.73	-0.29	-0.22		-0.09	0.08	0.19	-0.11	-0.26	0.35	-0.38	-0.2	0.35	0.37	-0.09	-0.07	-0.38
Net Receivables	0.88	0.74	0.73	0.76	-0.44	-0.52	0.97	-0.09		0.72	-0.67	0.76	0.9	0.52	0.72	-0.6	0.52	0.48	-0.32	-0.32	-0.33
Good Will	0.93	0.95	0.96	0.39	-0.29	-0.91	0.6	0.08	0.72		-0.93	0.96	0.83	0.89	0.49	-0.97	0.89	0.88	-0.86	-0.87	-0.56
Total Liab	-0.92	-0.99	-0.99	-0.5	0.55	0.8	-0.6	0.19	-0.67	-0.93		-0.98	-0.89	-0.8	-0.67	0.88	-0.8	-0.77	0.84	0.83	0.41
Net Invested Capital	0.97	1.0	1.0	0.5	-0.47	-0.85	0.68	-0.11	0.76	0.96	-0.98		0.93	0.85	0.67	-0.91	0.85	0.82	-0.82	-0.82	-0.51
Total Current Assets	0.97	0.92	0.91	0.75	-0.65	-0.64	0.87	-0.26	0.9	0.83	-0.89	0.93		0.64	0.85	-0.73	0.64	0.61	-0.56	-0.55	-0.3
Capital Stock	0.78	0.82	0.85	0.01	0.03	-0.99	0.37	0.35	0.52	0.89	-0.8	0.85	0.64		0.28	-0.95	1.0	1.0	-0.9	-0.89	-0.79
Net Working Capital	0.75	0.68	0.65	0.78	-0.84	-0.23	0.79	-0.38	0.72	0.49	-0.67	0.67	0.85	0.28		-0.35	0.28	0.22	-0.2	-0.16	0.1
Intangible Assets	-0.85	-0.9	-0.91	-0.21	0.14	0.97	-0.44	-0.2	-0.6	-0.97	0.88	-0.91	-0.73	-0.95	-0.35		-0.95	-0.95	0.93	0.92	0.63
Common Stock	0.78	0.82	0.85	0.01	0.03	-0.99	0.37	0.35	0.52	0.89	-0.8	0.85	0.64	1.0	0.28	-0.95		1.0	-0.9	-0.89	-0.79
Property Plant Equipment	0.75	0.8	0.82	-0.02	0.07	-0.99	0.32	0.37	0.48	0.88	-0.77	0.82	0.61	1.0	0.22	-0.95	1.0		-0.91	-0.89	-0.78
Short Long Term Debt	-0.68	-0.82	-0.84	-0.02	0.12	0.93	-0.16	-0.09	-0.32	-0.86	0.84	-0.82	-0.56	-0.9	-0.2	0.93	-0.9	-0.91		0.99	0.61
Short Term Debt	-0.67	-0.81	-0.83	-0.03	0.09	0.92	-0.17	-0.07	-0.32	-0.87	0.83	-0.82	-0.55	-0.89	-0.16	0.92	-0.89	-0.89	0.99		0.65
Deferred Long Term Liab	-0.43	-0.47	-0.51	0.24	-0.44	0.79	-0.23	-0.38	-0.33	-0.56	0.41	-0.51	-0.3	-0.79	0.1	0.63	-0.79	-0.78	0.61	0.65

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Predict Biodesix

Return On Equity Over Time

Biodesix Total Stockholder Equity

Total Stockholder Equity

4.81 Million

At this time, Biodesix's Total Stockholder Equity is fairly stable compared to the past year.

Based on the latest financial disclosure, Biodesix has a Return On Equity of -3.3182. This is 86.16% lower than that of the Biotechnology sector and 50.33% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.

Biodesix Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Biodesix's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Biodesix could also be used in its relative valuation, which is a method of valuing Biodesix by comparing valuation metrics of similar companies.

Biodesix is currently under evaluation in return on equity category among its peers.

Biodesix Fundamentals

	Return On Equity	-3.32
	Return On Asset	-0.23
	Profit Margin	(0.67) %
	Operating Margin	(0.47) %
	Current Valuation	258.93 M
	Shares Outstanding	145.47 M
	Shares Owned By Insiders	48.61 %
	Shares Owned By Institutions	42.82 %
	Number Of Shares Shorted	624.23 K
	Price To Book	8.20 X
	Price To Sales	3.48 X
	Revenue	49.09 M
	Gross Profit	24.06 M
	EBITDA	(37.1 M)
	Net Income	(52.15 M)
	Cash And Equivalents	15.18 M
	Cash Per Share	0.36 X
	Total Debt	60.69 M
	Debt To Equity	3.20 %
	Current Ratio	0.64 X
	Book Value Per Share	0.19 X
	Cash Flow From Operations	(22.87 M)
	Short Ratio	0.83 X
	Earnings Per Share	(0.37) X
	Target Price	3.1
	Number Of Employees	217
	Beta	1.21
	Market Capitalization	228.38 M
	Total Asset	99.1 M
	Retained Earnings	(419.57 M)
	Working Capital	6.27 M
	Net Asset	99.1 M

About Biodesix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Biodesix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biodesix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biodesix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Biodesix Stock Analysis

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

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