Bomin Net Tangible Assets vs Property Plant Equipment Analysis

603936 Stock   8.79  0.14  1.62%   
Bomin Electronics financial indicator trend analysis is way more than just evaluating Bomin Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bomin Electronics is a good investment. Please check the relationship between Bomin Electronics Net Tangible Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bomin Electronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bomin Electronics Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bomin Electronics' Net Tangible Assets and Property Plant Equipment is 0.84. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Bomin Electronics Co, assuming nothing else is changed. The correlation between historical values of Bomin Electronics' Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Bomin Electronics Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Bomin Electronics' Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

Most indicators from Bomin Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bomin Electronics 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 Bomin Electronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 30, 2024, Selling General Administrative is expected to decline to about 73.4 M. The current year's Tax Provision is expected to grow to about (22.7 M)
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.9B2.4B2.6B1.8B
Research Development142.8M130.9M132.9M99.2M

Bomin Electronics fundamental ratios Correlations

0.550.970.910.880.860.960.880.890.750.970.960.510.990.910.980.840.970.30.720.960.970.880.970.890.78
0.550.580.40.260.790.460.720.280.020.630.59-0.30.50.520.560.170.480.630.050.520.50.660.450.280.08
0.970.580.880.860.910.990.890.890.690.990.990.440.990.860.930.830.920.240.690.980.930.90.940.870.74
0.910.40.880.970.790.870.820.970.890.880.880.720.890.840.880.940.90.280.850.90.930.810.940.840.91
0.880.260.860.970.740.870.750.990.940.840.830.760.890.840.850.980.890.130.90.880.910.710.940.870.96
0.860.790.910.790.740.850.920.760.520.910.890.180.860.840.850.680.820.370.50.850.830.810.810.710.57
0.960.460.990.870.870.850.820.890.730.960.970.50.990.860.920.850.920.120.710.960.920.860.940.890.76
0.880.720.890.820.750.920.820.770.540.920.870.270.850.80.880.650.830.520.50.830.880.80.830.750.59
0.890.280.890.970.990.760.890.770.910.860.870.740.90.820.850.980.880.080.880.90.890.740.940.890.94
0.750.020.690.890.940.520.730.540.910.670.670.90.760.690.710.970.770.070.970.750.770.560.830.720.99
0.970.630.990.880.840.910.960.920.860.670.990.420.970.830.920.790.90.340.670.970.930.930.920.830.71
0.960.590.990.880.830.890.970.870.870.670.990.450.970.820.910.810.880.260.650.980.910.940.910.840.7
0.51-0.30.440.720.760.180.50.270.740.90.420.450.510.410.450.820.53-0.060.860.530.560.390.60.560.87
0.990.50.990.890.890.860.990.850.90.760.970.970.510.890.950.860.950.220.740.970.950.860.970.890.79
0.910.520.860.840.840.840.860.80.820.690.830.820.410.890.960.770.980.240.620.80.930.70.910.850.74
0.980.560.930.880.850.850.920.880.850.710.920.910.450.950.960.790.990.360.650.890.980.810.950.870.75
0.840.170.830.940.980.680.850.650.980.970.790.810.820.860.770.790.840.030.940.860.840.690.90.810.98
0.970.480.920.90.890.820.920.830.880.770.90.880.530.950.980.990.840.280.720.880.980.780.970.890.81
0.30.630.240.280.130.370.120.520.080.070.340.26-0.060.220.240.360.030.280.010.220.370.390.190.00.08
0.720.050.690.850.90.50.710.50.880.970.670.650.860.740.620.650.940.720.010.770.710.570.820.680.96
0.960.520.980.90.880.850.960.830.90.750.970.980.530.970.80.890.860.880.220.770.910.920.940.840.78
0.970.50.930.930.910.830.920.880.890.770.930.910.560.950.930.980.840.980.370.710.910.830.960.890.81
0.880.660.90.810.710.810.860.80.740.560.930.940.390.860.70.810.690.780.390.570.920.830.80.670.59
0.970.450.940.940.940.810.940.830.940.830.920.910.60.970.910.950.90.970.190.820.940.960.80.920.87
0.890.280.870.840.870.710.890.750.890.720.830.840.560.890.850.870.810.890.00.680.840.890.670.920.77
0.780.080.740.910.960.570.760.590.940.990.710.70.870.790.740.750.980.810.080.960.780.810.590.870.77
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Bomin Electronics Account Relationship Matchups

Bomin Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B5.6B6.6B6.9B8.0B4.1B
Other Current Liab289.2M384.8M258.9M326.7M251.3K238.7K
Total Current Liabilities1.7B1.6B2.5B2.4B2.3B1.5B
Total Stockholder Equity2.5B3.5B3.6B3.7B4.6B4.8B
Other Liab95.7M118.6M174.4M190.7M219.3M230.3M
Retained Earnings771.5M996.1M1.2B1.3B606.7M683.4M
Accounts Payable812.7M824.4M1.3B1.3B1.3B863.8M
Cash504.0M503.3M596.9M483.9M395.0M332.8M
Other Assets162.7M175.7M335.9M338.2M389.0M408.4M
Long Term Debt223.2M289.1M245.9M592.2M885.5M929.8M
Net Receivables964.2M864.7M1.2B1.2B1.1B751.9M
Inventory385.1M374.3M531.8M488.6M507.4M345.9M
Other Current Assets95.7M65.4M50.8M87.7M789.6M829.1M
Total Liab2.0B2.1B2.9B3.2B3.4B1.9B
Intangible Assets36.9M97.7M97.3M99.5M96.4M59.8M
Property Plant Equipment1.3B1.5B2.1B2.9B3.4B3.5B
Net Tangible Assets1.4B2.4B2.4B2.5B2.9B1.7B
Deferred Long Term Liab26.5M13.7M13.6M69.9M80.4M84.4M
Short Long Term Debt519.8M379.3M659.8M769.5M764.4M494.6M
Total Current Assets1.9B2.6B2.7B2.4B3.1B2.1B
Non Current Assets Total2.5B3.0B3.8B4.5B4.9B3.2B
Non Currrent Assets Other84.5M84.1M217.7M146.2M211.0M124.7M
Non Current Liabilities Total319.0M421.6M464.1M812.2M1.1B1.2B
Net Debt206.4M165.1M308.7M877.8M1.3B1.3B
Other Stockholder Equity2.8M(14.0M)(19.6M)2.0B2.3B2.4B
Net Invested Capital3.2B4.2B4.5B5.0B6.2B4.3B
Net Working Capital251.6M932.5M289.7M(11.0M)807.8M848.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Bomin Stock

Balance Sheet is a snapshot of the financial position of Bomin Electronics at a specified time, usually calculated after every quarter, six months, or one year. Bomin Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bomin Electronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bomin currently owns. An asset can also be divided into two categories, current and non-current.