Burning Total Assets from 2010 to 2024

BNR Stock

USD 6.16 0.85 16.01%

Burning Rock Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 1.6 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

1 B

Current Value

1.6 B

Quarterly Volatility

779.7 M

Credit Downgrade

Yuan Drop

Covid

Check Burning Rock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Burning Rock's main balance sheet or income statement drivers, such as Tax Provision of 3.4 M, Net Interest Income of 16 M or Interest Income of 10 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0 or PTB Ratio of 0.84. Burning financial statements analysis is a perfect complement when working with Burning Rock Valuation or Volatility modules.

Check out the analysis of Burning Rock Correlation against competitors.

Latest Burning Rock's Total Assets Growth Pattern

Below is the plot of the Total Assets of Burning Rock Biotech over the last few years. Total assets refers to the total amount of Burning Rock assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Burning Rock Biotech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Burning Rock's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Burning Rock's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.04 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Burning Total Assets Regression Statistics

	Arithmetic Mean	892,138,682
	Geometric Mean	658,476,782
	Coefficient Of Variation	87.40
	Mean Deviation	629,301,843
	Median	372,674,000
	Standard Deviation	779,721,194
	Sample Variance	607965.1T
	Range	2.3B
	R-Value	0.70
	Mean Square Error	333527.7T
	R-Squared	0.49
	Significance	0
	Slope	122,118,959
	Total Sum of Squares	8511512T

Burning Total Assets History

	2024	1.6 B
	2023	1 B
	2022	1.6 B
	2021	2.3 B
	2020	2.7 B
	2019	847.6 M

Other Fundumenentals of Burning Rock Biotech

Intangibles To Total Assets

Burning Rock Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Long Term Debt Total	Capital Surpluse	Total Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will
Total Assets		0.96	0.94	0.68	-0.99	-0.61	0.83	-0.84	0.59	0.47	-0.84	0.79	-0.7	0.95	-0.06	-0.83	0.99	0.89	0.99	-0.81	0.79	0.89	0.66	-0.26
Total Stockholder Equity	0.96		0.99	0.75	-0.99	-0.67	0.83	-0.77	0.46	0.3	-0.77	0.75	-0.84	1.0	-0.29	-0.78	0.96	0.94	0.94	-0.76	0.77	0.94	0.72	-0.28
Net Tangible Assets	0.94	0.99		0.78	-0.97	-0.72	0.79	-0.79	0.47	0.27	-0.79	0.79	-0.86	0.98	-0.29	-0.8	0.93	0.97	0.92	-0.78	0.74	0.97	0.76	-0.32
Current Deferred Revenue	0.68	0.75	0.78		-0.69	-0.9	0.82	-0.76	0.65	-0.2	-0.76	0.76	-0.75	0.72	-0.26	-0.84	0.62	0.9	0.57	-0.79	0.45	0.9	0.97	-0.43
Net Debt	-0.99	-0.99	-0.97	-0.69		0.61	-0.8	0.81	-0.52	-0.45	0.81	-0.79	0.75	-0.98	0.14	0.8	-0.99	-0.92	-0.98	0.78	-0.79	-0.92	-0.67	0.22
Retained Earnings	-0.61	-0.67	-0.72	-0.9	0.61		-0.59	0.81	-0.69	0.14	0.82	-0.78	0.74	-0.63	0.16	0.87	-0.57	-0.86	-0.55	0.87	-0.24	-0.86	-0.85	0.73
Accounts Payable	0.83	0.83	0.79	0.82	-0.8	-0.59		-0.65	0.51	0.02	-0.65	0.59	-0.66	0.82	-0.26	-0.7	0.77	0.8	0.73	-0.63	0.72	0.8	0.78	-0.15
Long Term Debt	-0.84	-0.77	-0.79	-0.76	0.81	0.81	-0.65		-0.9	-0.42	1.0	-0.97	0.52	-0.72	-0.26	0.99	-0.82	-0.87	-0.82	0.99	-0.49	-0.87	-0.76	0.47
Net Receivables	0.59	0.46	0.47	0.65	-0.52	-0.69	0.51	-0.9		0.34	-0.9	0.86	-0.17	0.39	0.55	-0.9	0.55	0.61	0.55	-0.89	0.26	0.61	0.67	-0.39
Short Term Investments	0.47	0.3	0.27	-0.2	-0.45	0.14	0.02	-0.42	0.34		-0.41	0.42	0.16	0.28	0.61	-0.29	0.53	0.15	0.58	-0.33	0.36	0.15	-0.16	0.21
Long Term Debt Total	-0.84	-0.77	-0.79	-0.76	0.81	0.82	-0.65	1.0	-0.9	-0.41		-0.97	0.52	-0.72	-0.26	0.99	-0.82	-0.87	-0.82	0.99	-0.49	-0.87	-0.76	0.47
Capital Surpluse	0.79	0.75	0.79	0.76	-0.79	-0.78	0.59	-0.97	0.86	0.42	-0.97		-0.5	0.7	0.27	-0.96	0.77	0.86	0.78	-0.96	0.49	0.86	0.78	-0.35
Total Liab	-0.7	-0.84	-0.86	-0.75	0.75	0.74	-0.66	0.52	-0.17	0.16	0.52	-0.5		-0.86	0.68	0.58	-0.69	-0.85	-0.65	0.56	-0.5	-0.85	-0.67	0.52
Net Invested Capital	0.95	1.0	0.98	0.72	-0.98	-0.63	0.82	-0.72	0.39	0.28	-0.72	0.7	-0.86		-0.34	-0.73	0.95	0.92	0.93	-0.71	0.78	0.92	0.68	-0.26
Long Term Investments	-0.06	-0.29	-0.29	-0.26	0.14	0.16	-0.26	-0.26	0.55	0.61	-0.26	0.27	0.68	-0.34		-0.18	-0.06	-0.23	-0.01	-0.21	-0.16	-0.23	-0.17	0.14
Short Long Term Debt	-0.83	-0.78	-0.8	-0.84	0.8	0.87	-0.7	0.99	-0.9	-0.29	0.99	-0.96	0.58	-0.73	-0.18		-0.79	-0.89	-0.79	0.99	-0.48	-0.89	-0.83	0.51
Total Current Assets	0.99	0.96	0.93	0.62	-0.99	-0.57	0.77	-0.82	0.55	0.53	-0.82	0.77	-0.69	0.95	-0.06	-0.79		0.87	1.0	-0.79	0.77	0.87	0.59	-0.25
Capital Stock	0.89	0.94	0.97	0.9	-0.92	-0.86	0.8	-0.87	0.61	0.15	-0.87	0.86	-0.85	0.92	-0.23	-0.89	0.87		0.85	-0.87	0.61	1.0	0.86	-0.43
Net Working Capital	0.99	0.94	0.92	0.57	-0.98	-0.55	0.73	-0.82	0.55	0.58	-0.82	0.78	-0.65	0.93	-0.01	-0.79	1.0	0.85		-0.79	0.77	0.85	0.56	-0.25
Short Term Debt	-0.81	-0.76	-0.78	-0.79	0.78	0.87	-0.63	0.99	-0.89	-0.33	0.99	-0.96	0.56	-0.71	-0.21	0.99	-0.79	-0.87	-0.79		-0.45	-0.87	-0.79	0.56
Intangible Assets	0.79	0.77	0.74	0.45	-0.79	-0.24	0.72	-0.49	0.26	0.36	-0.49	0.49	-0.5	0.78	-0.16	-0.48	0.77	0.61	0.77	-0.45		0.61	0.55	0.02
Common Stock	0.89	0.94	0.97	0.9	-0.92	-0.86	0.8	-0.87	0.61	0.15	-0.87	0.86	-0.85	0.92	-0.23	-0.89	0.87	1.0	0.85	-0.87	0.61		0.86	-0.43
Property Plant Equipment	0.66	0.72	0.76	0.97	-0.67	-0.85	0.78	-0.76	0.67	-0.16	-0.76	0.78	-0.67	0.68	-0.17	-0.83	0.59	0.86	0.56	-0.79	0.55	0.86		-0.39
Good Will	-0.26	-0.28	-0.32	-0.43	0.22	0.73	-0.15	0.47	-0.39	0.21	0.47	-0.35	0.52	-0.26	0.14	0.51	-0.25	-0.43	-0.25	0.56	0.02	-0.43	-0.39

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About Burning Rock Financial Statements

Burning Rock shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Burning Rock investors may analyze each financial statement separately, they are all interrelated. The changes in Burning Rock's assets and liabilities, for example, are also reflected in the revenues and expenses on on Burning Rock's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

		Last Reported	Projected for Next Year
	Total Assets	1 B	1.6 B

Pair Trading with Burning Rock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Burning Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Burning Rock will appreciate offsetting losses from the drop in the long position's value.

Moving against Burning Stock

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0.52	BHC	Bausch Health Companies	Pair Corr
0.49	HCM	HUTCHMED DRC	Pair Corr
0.42	EWTX	Edgewise Therapeutics	Pair Corr
0.41	PFE	Pfizer Inc Aggressive Push	Pair Corr

The ability to find closely correlated positions to Burning Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burning Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Burning Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Burning Rock Biotech to buy it.

The correlation of Burning Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Burning Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burning Rock Biotech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Burning Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Burning Stock Analysis

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

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