Bloomage Good Will vs Total Current Assets Analysis

688363 Stock   59.16  1.32  2.28%   
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 Good Will and its Total Current Assets 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.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bloomage Biotechnology Good Will account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bloomage Biotechnology's Good Will and Total Current Assets is 0.5. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets 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 Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Bloomage Biotechnology Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Bloomage Biotechnology's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 1, 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 Profit3.9B4.9B4.5B2.6B
Total Revenue4.9B6.4B6.1B3.4B

Bloomage Biotechnology fundamental ratios Correlations

0.880.850.89-0.760.80.980.910.140.820.910.860.650.950.490.870.870.880.370.830.96-0.320.82-0.790.890.69
0.880.850.79-0.720.90.860.990.210.830.990.750.810.830.450.970.860.930.420.840.91-0.350.93-0.770.980.72
0.850.850.8-0.550.610.870.88-0.020.90.840.870.430.880.690.820.870.950.140.90.820.020.66-0.540.760.87
0.890.790.8-0.410.60.920.850.110.810.830.810.560.910.60.810.810.830.440.810.86-0.060.74-0.520.80.64
-0.76-0.72-0.55-0.41-0.84-0.64-0.7-0.22-0.5-0.72-0.53-0.64-0.61-0.12-0.68-0.61-0.61-0.33-0.53-0.720.64-0.720.88-0.75-0.42
0.80.90.610.6-0.840.730.860.30.640.890.580.840.680.160.830.720.760.470.660.82-0.620.89-0.890.930.53
0.980.860.870.92-0.640.730.910.090.870.890.910.640.990.580.870.890.90.240.880.97-0.150.79-0.670.860.73
0.910.990.880.85-0.70.860.910.20.90.990.820.80.890.560.970.910.960.380.910.94-0.270.93-0.740.970.74
0.140.21-0.020.11-0.220.30.090.20.190.19-0.290.39-0.060.120.110.370.00.490.230.13-0.470.35-0.240.28-0.43
0.820.830.90.81-0.50.640.870.90.190.850.830.60.850.840.820.960.940.161.00.830.070.75-0.490.80.76
0.910.990.840.83-0.720.890.890.990.190.850.790.820.870.470.980.870.930.420.860.94-0.340.95-0.780.990.72
0.860.750.870.81-0.530.580.910.82-0.290.830.790.470.950.620.80.760.90.010.820.870.090.64-0.540.720.9
0.650.810.430.56-0.640.840.640.80.390.60.820.470.590.230.840.650.620.390.620.78-0.490.94-0.70.880.33
0.950.830.880.91-0.610.680.990.89-0.060.850.870.950.590.570.860.830.910.160.850.96-0.080.74-0.640.820.8
0.490.450.690.6-0.120.160.580.560.120.840.470.620.230.570.470.760.650.00.820.470.460.4-0.060.390.54
0.870.970.820.81-0.680.830.870.970.110.820.980.80.840.860.470.820.910.350.820.93-0.290.94-0.740.960.72
0.870.860.870.81-0.610.720.890.910.370.960.870.760.650.830.760.820.90.280.980.86-0.140.8-0.630.840.64
0.880.930.950.83-0.610.760.90.960.00.940.930.90.620.910.650.910.90.220.930.89-0.060.79-0.630.880.89
0.370.420.140.44-0.330.470.240.380.490.160.420.010.390.160.00.350.280.220.180.24-0.520.52-0.40.49-0.08
0.830.840.90.81-0.530.660.880.910.231.00.860.820.620.850.820.820.980.930.180.850.030.76-0.530.810.74
0.960.910.820.86-0.720.820.970.940.130.830.940.870.780.960.470.930.860.890.240.85-0.290.88-0.770.930.7
-0.32-0.350.02-0.060.64-0.62-0.15-0.27-0.470.07-0.340.09-0.49-0.080.46-0.29-0.14-0.06-0.520.03-0.29-0.470.78-0.440.17
0.820.930.660.74-0.720.890.790.930.350.750.950.640.940.740.40.940.80.790.520.760.88-0.47-0.790.970.5
-0.79-0.77-0.54-0.520.88-0.89-0.67-0.74-0.24-0.49-0.78-0.54-0.7-0.64-0.06-0.74-0.63-0.63-0.4-0.53-0.770.78-0.79-0.81-0.43
0.890.980.760.8-0.750.930.860.970.280.80.990.720.880.820.390.960.840.880.490.810.93-0.440.97-0.810.62
0.690.720.870.64-0.420.530.730.74-0.430.760.720.90.330.80.540.720.640.89-0.080.740.70.170.5-0.430.62
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Bloomage Biotechnology Account Relationship Matchups

Bloomage Biotechnology fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab62.2M56.4M145.9M186.8M214.8M225.6M
Net Tangible Assets4.1B4.5B5.2B5.8B6.6B3.4B
Retained Earnings620.0M1.1B1.7B2.2B2.5B1.4B
Other Assets30.8M69.5M276.0M279.4M321.3M337.4M
Other Stockholder Equity409.0K(1.2M)(11.6K)(23.9M)(21.5M)(20.4M)
Property Plant Equipment492.6M658.3M1.3B2.3B2.7B2.8B
Total Assets5.0B5.7B7.5B8.7B8.5B5.6B
Other Current Liab108.1M173.1M366.8M7.8M5.8M5.5M
Total Current Liabilities365.7M552.9M1.4B1.6B1.2B830.5M
Total Stockholder Equity4.6B5.0B5.7B6.6B6.9B4.6B
Accounts Payable53.3M119.1M243.5M848.3M700.8M735.9M
Cash2.2B1.4B1.8B1.6B1.2B1.4B
Non Current Assets Total1.2B2.1B3.5B4.7B5.3B5.6B
Non Currrent Assets Other54.5M180.6M445.5M558.6M263.6M266.6M
Net Receivables400.9M372.4M396.6M448.4M447.4M391.6M
Non Current Liabilities Total56.4M145.9M400.8M354.7M265.8M191.1M
Inventory314.5M476.8M709.1M1.2B1.1B586.5M
Other Current Assets53.1M650.1M190.4M43.2M40.1M38.0M
Total Liab422.1M698.8M1.8B2.0B1.5B1.0B
Deferred Long Term Liab6.2M18.9M15.6M31.8M36.6M38.5M
Total Current Assets3.8B3.7B4.0B4.0B3.1B3.0B
Intangible Assets385.5M426.7M467.3M475.1M497.0M353.9M
Good Will72.7M74.6M67.2M247.2M251.3M134.9M
Net Invested Capital4.6B5.0B5.9B7.0B7.1B5.2B
Net Working Capital3.4B3.1B2.6B2.4B1.9B2.4B

Currently Active Assets on Macroaxis

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.