Boston Scientific Financials

BSX Stock  USD 101.56  0.84  0.83%   
Based on the measurements of operating efficiency obtained from Boston Scientific's historical financial statements, Boston Scientific Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At this time, Boston Scientific's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 1.8 B in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2025. Key indicators impacting Boston Scientific's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.470.4936
Notably Down
Very volatile
Current Ratio1.91.0814
Way Up
Slightly volatile
Investors should never underestimate Boston Scientific's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Boston Scientific's cash flow, debt, and profitability to make informed and accurate decisions about investing in Boston Scientific Corp.

Cash And Equivalents

838.2 Million

  
Understanding current and past Boston Scientific Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Boston Scientific's financial statements are interrelated, with each one affecting the others. For example, an increase in Boston Scientific's assets may result in an increase in income on the income statement.

Boston Scientific Corp Earnings Geography

Please note, the imprecision that can be found in Boston Scientific's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Boston Scientific Corp. Check Boston Scientific's Beneish M Score to see the likelihood of Boston Scientific's management manipulating its earnings.

Boston Scientific Stock Summary

Boston Scientific competes with Stryker, Abbott Laboratories, Medtronic PLC, DexCom, and Edwards Lifesciences. Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts. Boston Scientific operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 41000 people.
Foreign Associate
  Germany
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1011371077
CUSIP101137107
LocationMassachusetts; U.S.A
Business Address300 Boston Scientific
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.bostonscientific.com
Phone508 683 4000
CurrencyUSD - US Dollar

Boston Scientific Key Financial Ratios

Boston Scientific Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets30.8B32.2B32.5B35.1B39.4B41.4B
Other Current Liab2.9B2.8B2.5B3.0B3.4B3.5B
Net Debt7.8B7.5B8.4B8.6B10.3B10.8B
Retained Earnings(2.4B)(1.4B)(750M)819M2.7B2.8B
Accounts Payable513M794M862M942M960M1.0B
Cash1.7B1.9B928M865M414M582.1M
Net Receivables1.5B1.8B2.0B2.2B2.6B2.7B
Inventory1.4B1.6B1.9B2.5B2.8B3.0B
Other Current Assets2.1B1.0B995M937M1.1B1.2B
Total Liab15.5B15.6B14.9B15.6B17.4B8.9B
Total Current Assets6.7B6.3B5.8B6.5B6.9B7.3B
Short Term Debt13M261M20M531M1.8B1.9B
Intangible Assets5.9B6.1B5.9B6.0B6.7B5.0B
Other Liab3.0B2.2B2.1B1.8B2.1B1.9B
Other Assets4.6B3M2M(1M)1.2M1.1M
Long Term Debt9.1B8.8B8.9B8.6B8.8B5.7B
Good Will10.0B12.0B12.9B14.4B17.1B9.0B
Net Tangible Assets(4.2B)9.4B(1.7B)11.7B13.4B14.1B
Long Term Debt Total8.6B9.1B8.8B8.9B10.3B6.6B

Boston Scientific Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202020212022202320242025 (projected)
Interest Expense361M341M470M265M305M198.1M
Total Revenue9.9B11.9B12.7B14.2B16.7B17.6B
Gross Profit6.4B8.1B8.7B9.9B11.5B12.1B
Operating Income1.0B2.0B1.6B2.3B2.6B2.7B
Ebit389M1.4B1.6B2.3B2.6B2.7B
Ebitda1.5B2.5B2.7B3.5B2.6B1.6B
Cost Of Revenue3.5B3.8B4.0B4.3B5.3B5.5B
Income Before Tax(138M)1.1B1.1B2.0B2.3B2.4B
Net Income(140M)1.0B698M1.6B1.9B1.9B
Income Tax Expense2M36M443M393M436M457.8M
Research Development1.1B1.2B1.3B1.4B1.6B915.7M
Non Recurring323M908M889M376M338.4M321.5M
Tax Provision2M36M443M647M436M457.8M
Interest Income361M341M470M22M107M181.8M
Net Interest Income(361M)(341M)(470M)(254M)(198M)(207.9M)

Boston Scientific Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Boston Scientific Corp. It measures of how well Boston is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Boston Scientific brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Boston had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Boston Scientific has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202020212022202320242025 (projected)
Change To Inventory(65M)(346M)(321M)(660M)(228M)(216.6M)
Change In Cash1.4B173M(1.0B)(71M)(449M)(426.6M)
Free Cash Flow1.1B1.3B914M1.7B2.6B2.8B
Depreciation1.1B1.1B1.1B1.2B1.3B1.3B
Other Non Cash Items337M17M540M253M54M51.3M
Net Income(82M)1.0B698M1.6B1.8B1.9B
End Period Cash Flow2.0B2.2B1.1B1.1B606M673.6M
Investments(146M)15M56M(1.7B)(5.7B)(5.4B)
Change Receivables(130M)335M(279M)(220M)(198M)(188.1M)
Net Borrowings1.4B2.8B(999M)(165M)(189.8M)(180.3M)
Change To Netincome312M205M100M410M369M516.1M

Boston Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Boston Scientific's current stock value. Our valuation model uses many indicators to compare Boston Scientific value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Boston Scientific competition to find correlations between indicators driving Boston Scientific's intrinsic value. More Info.
Boston Scientific Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Boston Scientific Corp is roughly  1.76 . At this time, Boston Scientific's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Boston Scientific's earnings, one of the primary drivers of an investment's value.

Boston Scientific's Earnings Breakdown by Geography

Boston Scientific Corp Systematic Risk

Boston Scientific's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Boston Scientific volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Boston Scientific Corp correlated with the market. If Beta is less than 0 Boston Scientific generally moves in the opposite direction as compared to the market. If Boston Scientific Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Boston Scientific Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Boston Scientific is generally in the same direction as the market. If Beta > 1 Boston Scientific moves generally in the same direction as, but more than the movement of the benchmark.

Boston Scientific Thematic Clasifications

Boston Scientific Corp is part of several thematic ideas from Healthcare to Obamacare Repeal. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Boston Scientific Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Boston Scientific's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Boston Scientific growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.47

At this time, Boston Scientific's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Boston Scientific February 27, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Boston Scientific help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Boston Scientific Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Boston Scientific Corp based on widely used predictive technical indicators. In general, we focus on analyzing Boston Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Boston Scientific's daily price indicators and compare them against related drivers.

Additional Tools for Boston Stock Analysis

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