Biodesix Capex To Revenue vs Ebit Per Revenue Analysis

BDSX Stock  USD 1.61  0.01  0.63%   
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 Capex To Revenue and its Ebit Per Revenue 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.

Capex To Revenue vs Ebit Per Revenue

Capex To Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biodesix Capex To Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Biodesix's Capex To Revenue and Ebit Per Revenue is 0.32. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Biodesix, assuming nothing else is changed. The correlation between historical values of Biodesix's Capex To Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Biodesix are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Capex To Revenue i.e., Biodesix's Capex To Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Ebit Per Revenue

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 Amortization5.5M3.2M
Interest Income16.2K25.9K

Biodesix fundamental ratios Correlations

0.460.730.90.96-0.330.960.60.61-0.5-0.770.820.960.720.850.85-0.050.960.880.930.940.57-0.940.860.910.93
0.460.510.510.32-0.260.360.74-0.150.44-0.630.270.220.850.660.660.810.220.440.570.430.62-0.30.050.070.48
0.730.510.840.82-0.80.830.730.16-0.15-0.880.270.60.830.790.790.110.60.420.920.870.65-0.860.630.630.91
0.90.510.840.88-0.370.880.630.57-0.33-0.810.690.820.710.780.78-0.060.820.810.940.90.48-0.880.830.830.89
0.960.320.820.88-0.541.00.620.51-0.51-0.830.660.930.690.860.86-0.150.930.740.950.980.62-0.990.880.920.97
-0.33-0.26-0.8-0.37-0.54-0.55-0.640.35-0.080.720.25-0.21-0.63-0.6-0.6-0.2-0.210.12-0.59-0.59-0.690.57-0.23-0.25-0.63
0.960.360.830.881.0-0.550.660.48-0.47-0.850.650.920.720.880.88-0.110.920.730.960.990.65-0.990.870.910.97
0.60.740.730.630.62-0.640.66-0.180.35-0.920.270.410.870.890.890.50.410.420.760.750.95-0.580.350.360.68
0.61-0.150.160.570.510.350.48-0.18-0.82-0.050.820.73-0.020.120.12-0.630.730.760.390.41-0.26-0.520.790.780.4
-0.50.44-0.15-0.33-0.51-0.08-0.470.35-0.82-0.03-0.53-0.680.13-0.05-0.050.73-0.68-0.44-0.29-0.350.280.54-0.68-0.72-0.4
-0.77-0.63-0.88-0.81-0.830.72-0.85-0.92-0.05-0.03-0.36-0.64-0.86-0.97-0.97-0.29-0.64-0.52-0.91-0.91-0.850.81-0.55-0.6-0.88
0.820.270.270.690.660.250.650.270.82-0.53-0.360.840.350.490.49-0.220.840.970.60.620.22-0.620.790.80.56
0.960.220.60.820.93-0.210.920.410.73-0.68-0.640.840.510.730.73-0.271.00.860.830.880.39-0.910.90.960.86
0.720.850.830.710.69-0.630.720.87-0.020.13-0.860.350.510.870.870.560.510.510.860.770.84-0.680.410.420.81
0.850.660.790.780.86-0.60.880.890.12-0.05-0.970.490.730.871.00.330.730.630.910.920.86-0.820.560.630.89
0.850.660.790.780.86-0.60.880.890.12-0.05-0.970.490.730.871.00.330.730.630.910.920.86-0.820.560.630.89
-0.050.810.11-0.06-0.15-0.2-0.110.5-0.630.73-0.29-0.22-0.270.560.330.33-0.27-0.090.08-0.030.490.18-0.5-0.460.03
0.960.220.60.820.93-0.210.920.410.73-0.68-0.640.841.00.510.730.73-0.270.860.830.880.39-0.910.90.960.86
0.880.440.420.810.740.120.730.420.76-0.44-0.520.970.860.510.630.63-0.090.860.720.720.32-0.70.790.810.67
0.930.570.920.940.95-0.590.960.760.39-0.29-0.910.60.830.860.910.910.080.830.720.980.69-0.950.790.810.98
0.940.430.870.90.98-0.590.990.750.41-0.35-0.910.620.880.770.920.92-0.030.880.720.980.71-0.970.830.870.97
0.570.620.650.480.62-0.690.650.95-0.260.28-0.850.220.390.840.860.860.490.390.320.690.71-0.570.310.340.65
-0.94-0.3-0.86-0.88-0.990.57-0.99-0.58-0.520.540.81-0.62-0.91-0.68-0.82-0.820.18-0.91-0.7-0.95-0.97-0.57-0.89-0.92-0.98
0.860.050.630.830.88-0.230.870.350.79-0.68-0.550.790.90.410.560.56-0.50.90.790.790.830.31-0.890.980.78
0.910.070.630.830.92-0.250.910.360.78-0.72-0.60.80.960.420.630.63-0.460.960.810.810.870.34-0.920.980.82
0.930.480.910.890.97-0.630.970.680.4-0.4-0.880.560.860.810.890.890.030.860.670.980.970.65-0.980.780.82
Click cells to compare fundamentals

Biodesix Account Relationship Matchups

Biodesix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.6M121.1M76.1M92.9M99.1M86.1M
Short Long Term Debt Total36.0M27.8M10.0M31.9M60.7M34.7M
Other Current Liab7.4M7.8M25.4M18.6M29.9M16.9M
Total Current Liabilities22.6M32.1M29.0M22.8M33.4M26.5M
Total Stockholder Equity(228.5M)41.2M19.7M20.6M4.6M4.8M
Other Liab29.8M31.9M17.4M19.2M17.3M19.8M
Net Tangible Assets(255.3M)12.9M(6.9M)(4.2M)(4.9M)(5.1M)
Property Plant And Equipment Net2.1M3.2M4.2M8.8M29.6M31.1M
Current Deferred Revenue1.3M3.5M1.9M962K324K307.8K
Net Debt30.7M(34.4M)(22.7M)(11.2M)34.3M36.0M
Retained Earnings(230.9M)(258.8M)(302.0M)(367.4M)(419.6M)(440.5M)
Accounts Payable1.7M9.0M1.7M1.7M2.9M3.3M
Cash5.3M62.1M32.7M43.1M26.4M32.2M
Non Current Assets Total28.9M34.9M32.5M39.6M59.4M41.2M
Non Currrent Assets Other90K3.5M1.7M5.9M6.9M7.2M
Other Assets90K3.5M1.7M5.9M6.8M7.2M
Long Term Debt23.8M15.9M10.0M25.0M35.2M24.4M
Cash And Short Term Investments5.3M62.1M32.7M43.1M26.4M32.2M
Net Receivables5.3M15.3M3.7M5.1M7.7M7.1M
Common Stock Shares Outstanding254.9K26.6M27.4M42.1M82.1M86.2M
Liabilities And Stockholders Equity41.6M121.1M76.1M92.9M99.1M86.1M
Non Current Liabilities Total247.6M47.8M27.4M49.5M61.1M88.8M
Inventory800K3.2M2.9M1.4M1.6M1.9M
Other Current Assets2.1M8.7M7.2M5.2M4.2M5.4M
Other Stockholder Equity2.3M300.0M321.7M387.9M424.1M264.7M
Total Liab270.2M79.9M56.4M72.3M94.5M108.0M
Net Invested Capital(192.6M)68.9M29.7M45.7M39.9M41.8M
Property Plant And Equipment Gross2.1M3.2M4.2M8.8M35.2M37.0M
Total Current Assets12.7M86.1M43.6M53.3M39.7M45.0M
Non Current Liabilities Other29.5M31.9M17.4M19.2M712K676.4K
Net Working Capital(9.9M)54.0M14.7M30.5M6.3M6.0M
Intangible Assets15.1M13.3M11.6M9.8M7.9M9.9M
Property Plant Equipment2.1M3.2M4.2M8.8M10.1M10.7M

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