Bloomage Free Cash Flow vs Depreciation Analysis

688363 Stock

60.32 1.16 1.96%

Bloomage Biotechnology financial indicator trend analysis is way more than just evaluating Bloomage Biotechnology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bloomage Biotechnology is a good investment. Please check the relationship between Bloomage Biotechnology Free Cash Flow and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bloomage Biotechnology Corp. 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.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bloomage Biotechnology Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Bloomage Biotechnology's Free Cash Flow and Depreciation is -0.74. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Bloomage Biotechnology Corp, assuming nothing else is changed. The correlation between historical values of Bloomage Biotechnology's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Bloomage Biotechnology Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Bloomage Biotechnology's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Bloomage Biotechnology value has been used up. For tax purposes Bloomage Biotechnology can deduct the cost of the tangible assets it purchases as business expenses. However, Bloomage Biotechnology Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Bloomage Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bloomage Biotechnology 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 Bloomage Biotechnology Corp. 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 December 2, 2024, Tax Provision is expected to decline to about 117.2 M. In addition to that, Selling General Administrative is expected to decline to about 1.5 B

	2021	2022	2023	2024 (projected)
Gross Profit	3.9B	4.9B	4.5B	2.6B
Total Revenue	4.9B	6.4B	6.1B	3.4B

Gross Profit Total Revenue

Bloomage Biotechnology fundamental ratios Correlations

	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Other Stockholder Equity	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Good Will
Other Liab		0.88	0.85	0.89	-0.76	0.8	0.98	0.91	0.14	0.82	0.91	0.86	0.65	0.95	0.49	0.87	0.87	0.88	0.37	0.83	0.96	-0.32	0.82	-0.79	0.89	0.69
Net Tangible Assets	0.88		0.85	0.79	-0.72	0.9	0.86	0.99	0.21	0.83	0.99	0.75	0.81	0.83	0.45	0.97	0.86	0.93	0.42	0.84	0.91	-0.35	0.93	-0.77	0.98	0.72
Retained Earnings	0.85	0.85		0.8	-0.55	0.61	0.87	0.88	-0.02	0.9	0.84	0.87	0.43	0.88	0.69	0.82	0.87	0.95	0.14	0.9	0.82	0.02	0.66	-0.54	0.76	0.87
Other Assets	0.89	0.79	0.8		-0.41	0.6	0.92	0.85	0.11	0.81	0.83	0.81	0.56	0.91	0.6	0.81	0.81	0.83	0.44	0.81	0.86	-0.06	0.74	-0.52	0.8	0.64
Other Stockholder Equity	-0.76	-0.72	-0.55	-0.41		-0.84	-0.64	-0.7	-0.22	-0.5	-0.72	-0.53	-0.64	-0.61	-0.12	-0.68	-0.61	-0.61	-0.33	-0.53	-0.72	0.64	-0.72	0.88	-0.75	-0.42
Common Stock	0.8	0.9	0.61	0.6	-0.84		0.73	0.86	0.3	0.64	0.89	0.58	0.84	0.68	0.16	0.83	0.72	0.76	0.47	0.66	0.82	-0.62	0.89	-0.89	0.93	0.53
Property Plant Equipment	0.98	0.86	0.87	0.92	-0.64	0.73		0.91	0.09	0.87	0.89	0.91	0.64	0.99	0.58	0.87	0.89	0.9	0.24	0.88	0.97	-0.15	0.79	-0.67	0.86	0.73
Total Assets	0.91	0.99	0.88	0.85	-0.7	0.86	0.91		0.2	0.9	0.99	0.82	0.8	0.89	0.56	0.97	0.91	0.96	0.38	0.91	0.94	-0.27	0.93	-0.74	0.97	0.74
Other Current Liab	0.14	0.21	-0.02	0.11	-0.22	0.3	0.09	0.2		0.19	0.19	-0.29	0.39	-0.06	0.12	0.11	0.37	0.0	0.49	0.23	0.13	-0.47	0.35	-0.24	0.28	-0.43
Total Current Liabilities	0.82	0.83	0.9	0.81	-0.5	0.64	0.87	0.9	0.19		0.85	0.83	0.6	0.85	0.84	0.82	0.96	0.94	0.16	1.0	0.83	0.07	0.75	-0.49	0.8	0.76
Total Stockholder Equity	0.91	0.99	0.84	0.83	-0.72	0.89	0.89	0.99	0.19	0.85		0.79	0.82	0.87	0.47	0.98	0.87	0.93	0.42	0.86	0.94	-0.34	0.95	-0.78	0.99	0.72
Accounts Payable	0.86	0.75	0.87	0.81	-0.53	0.58	0.91	0.82	-0.29	0.83	0.79		0.47	0.95	0.62	0.8	0.76	0.9	0.01	0.82	0.87	0.09	0.64	-0.54	0.72	0.9
Cash	0.65	0.81	0.43	0.56	-0.64	0.84	0.64	0.8	0.39	0.6	0.82	0.47		0.59	0.23	0.84	0.65	0.62	0.39	0.62	0.78	-0.49	0.94	-0.7	0.88	0.33
Non Current Assets Total	0.95	0.83	0.88	0.91	-0.61	0.68	0.99	0.89	-0.06	0.85	0.87	0.95	0.59		0.57	0.86	0.83	0.91	0.16	0.85	0.96	-0.08	0.74	-0.64	0.82	0.8
Non Currrent Assets Other	0.49	0.45	0.69	0.6	-0.12	0.16	0.58	0.56	0.12	0.84	0.47	0.62	0.23	0.57		0.47	0.76	0.65	0.0	0.82	0.47	0.46	0.4	-0.06	0.39	0.54
Net Receivables	0.87	0.97	0.82	0.81	-0.68	0.83	0.87	0.97	0.11	0.82	0.98	0.8	0.84	0.86	0.47		0.82	0.91	0.35	0.82	0.93	-0.29	0.94	-0.74	0.96	0.72
Non Current Liabilities Total	0.87	0.86	0.87	0.81	-0.61	0.72	0.89	0.91	0.37	0.96	0.87	0.76	0.65	0.83	0.76	0.82		0.9	0.28	0.98	0.86	-0.14	0.8	-0.63	0.84	0.64
Inventory	0.88	0.93	0.95	0.83	-0.61	0.76	0.9	0.96	0.0	0.94	0.93	0.9	0.62	0.91	0.65	0.91	0.9		0.22	0.93	0.89	-0.06	0.79	-0.63	0.88	0.89
Other Current Assets	0.37	0.42	0.14	0.44	-0.33	0.47	0.24	0.38	0.49	0.16	0.42	0.01	0.39	0.16	0.0	0.35	0.28	0.22		0.18	0.24	-0.52	0.52	-0.4	0.49	-0.08
Total Liab	0.83	0.84	0.9	0.81	-0.53	0.66	0.88	0.91	0.23	1.0	0.86	0.82	0.62	0.85	0.82	0.82	0.98	0.93	0.18		0.85	0.03	0.76	-0.53	0.81	0.74
Deferred Long Term Liab	0.96	0.91	0.82	0.86	-0.72	0.82	0.97	0.94	0.13	0.83	0.94	0.87	0.78	0.96	0.47	0.93	0.86	0.89	0.24	0.85		-0.29	0.88	-0.77	0.93	0.7
Short Long Term Debt	-0.32	-0.35	0.02	-0.06	0.64	-0.62	-0.15	-0.27	-0.47	0.07	-0.34	0.09	-0.49	-0.08	0.46	-0.29	-0.14	-0.06	-0.52	0.03	-0.29		-0.47	0.78	-0.44	0.17
Total Current Assets	0.82	0.93	0.66	0.74	-0.72	0.89	0.79	0.93	0.35	0.75	0.95	0.64	0.94	0.74	0.4	0.94	0.8	0.79	0.52	0.76	0.88	-0.47		-0.79	0.97	0.5
Short Term Debt	-0.79	-0.77	-0.54	-0.52	0.88	-0.89	-0.67	-0.74	-0.24	-0.49	-0.78	-0.54	-0.7	-0.64	-0.06	-0.74	-0.63	-0.63	-0.4	-0.53	-0.77	0.78	-0.79		-0.81	-0.43
Intangible Assets	0.89	0.98	0.76	0.8	-0.75	0.93	0.86	0.97	0.28	0.8	0.99	0.72	0.88	0.82	0.39	0.96	0.84	0.88	0.49	0.81	0.93	-0.44	0.97	-0.81		0.62
Good Will	0.69	0.72	0.87	0.64	-0.42	0.53	0.73	0.74	-0.43	0.76	0.72	0.9	0.33	0.8	0.54	0.72	0.64	0.89	-0.08	0.74	0.7	0.17	0.5	-0.43	0.62

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Bloomage Biotechnology Account Relationship Matchups

Bloomage Biotechnology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Liab	62.2M	56.4M	145.9M	186.8M	214.8M	225.6M
Net Tangible Assets	4.1B	4.5B	5.2B	5.8B	6.6B	3.4B
Retained Earnings	620.0M	1.1B	1.7B	2.2B	2.5B	1.4B
Other Assets	30.8M	69.5M	276.0M	279.4M	321.3M	337.4M
Other Stockholder Equity	409.0K	(1.2M)	(11.6K)	(23.9M)	(21.5M)	(20.4M)
Property Plant Equipment	492.6M	658.3M	1.3B	2.3B	2.7B	2.8B
Total Assets	5.0B	5.7B	7.5B	8.7B	8.5B	5.6B
Other Current Liab	108.1M	173.1M	366.8M	7.8M	5.8M	5.5M
Total Current Liabilities	365.7M	552.9M	1.4B	1.6B	1.2B	830.5M
Total Stockholder Equity	4.6B	5.0B	5.7B	6.6B	6.9B	4.6B
Accounts Payable	53.3M	119.1M	243.5M	848.3M	700.8M	735.9M
Cash	2.2B	1.4B	1.8B	1.6B	1.2B	1.4B
Non Current Assets Total	1.2B	2.1B	3.5B	4.7B	5.3B	5.6B
Non Currrent Assets Other	54.5M	180.6M	445.5M	558.6M	263.6M	266.6M
Net Receivables	400.9M	372.4M	396.6M	448.4M	447.4M	391.6M
Non Current Liabilities Total	56.4M	145.9M	400.8M	354.7M	265.8M	191.1M
Inventory	314.5M	476.8M	709.1M	1.2B	1.1B	586.5M
Other Current Assets	53.1M	650.1M	190.4M	43.2M	40.1M	38.0M
Total Liab	422.1M	698.8M	1.8B	2.0B	1.5B	1.0B
Deferred Long Term Liab	6.2M	18.9M	15.6M	31.8M	36.6M	38.5M
Total Current Assets	3.8B	3.7B	4.0B	4.0B	3.1B	3.0B
Intangible Assets	385.5M	426.7M	467.3M	475.1M	497.0M	353.9M
Good Will	72.7M	74.6M	67.2M	247.2M	251.3M	134.9M
Net Invested Capital	4.6B	5.0B	5.9B	7.0B	7.1B	5.2B
Net Working Capital	3.4B	3.1B	2.6B	2.4B	1.9B	2.4B

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Other Information on Investing in Bloomage Stock

Balance Sheet is a snapshot of the financial position of Bloomage Biotechnology at a specified time, usually calculated after every quarter, six months, or one year. Bloomage Biotechnology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bloomage Biotechnology 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 Bloomage currently owns. An asset can also be divided into two categories, current and non-current.

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Bloomage Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

Bloomage Biotechnology fundamental ratios Correlations

Bloomage Biotechnology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bloomage Biotechnology fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Bloomage Stock

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Total Liab	+ 1.0	Total Current Liabilities
Total Assets	+ 0.99	Net Tangible Assets
Total Stockholder Equity	+ 0.99	Net Tangible Assets
Non Current Assets Total	+ 0.99	Property Plant Equipment
Total Stockholder Equity	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Stockholder Equity

Short Term Debt	- 0.89	Common Stock
Common Stock	- 0.84	Other Stockholder Equity
Intangible Assets	- 0.81	Short Term Debt
Short Term Debt	- 0.79	Total Current Assets
Short Term Debt	- 0.79	Other Liab
Short Term Debt	- 0.78	Total Stockholder Equity