Bomin Other Current Assets vs Net Receivables 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 Other Current Assets and its Net Receivables 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.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bomin Electronics Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bomin Electronics' Other Current Assets and Net Receivables is 0.42. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables 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' Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Bomin Electronics Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Bomin Electronics' Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

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.