Bloomage Total Assets vs Inventory Analysis

688363 Stock   49.97  0.87  1.77%   
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 Total Assets and its Inventory 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.

Total Assets vs Inventory

Total Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bloomage Biotechnology Total Assets account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bloomage Biotechnology's Total Assets and Inventory is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory 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 Total Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Bloomage Biotechnology Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., Bloomage Biotechnology's Total Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Bloomage Biotechnology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bloomage Biotechnology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Inventory

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.
The current year's Selling General Administrative is expected to grow to about 3.6 B, whereas Tax Provision is forecasted to decline to about 117.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit4.9B4.5B5.1B2.6B
Total Revenue6.4B6.1B7.0B7.3B

Bloomage Biotechnology fundamental ratios Correlations

0.890.920.9-0.780.820.980.920.070.840.910.880.670.950.510.880.890.940.350.860.96-0.270.85-0.80.910.81
0.890.770.81-0.740.90.870.990.110.871.00.770.810.830.470.980.880.850.380.880.92-0.290.94-0.780.990.68
0.920.770.87-0.590.590.950.83-0.240.810.810.960.450.980.550.830.790.970.060.810.90.030.65-0.590.760.94
0.90.810.87-0.440.630.930.860.040.830.840.830.580.90.610.820.830.90.410.840.87-0.030.77-0.550.820.76
-0.78-0.74-0.59-0.44-0.85-0.67-0.7-0.16-0.54-0.72-0.56-0.65-0.62-0.14-0.68-0.64-0.63-0.32-0.56-0.730.61-0.740.89-0.75-0.5
0.820.90.590.63-0.850.750.870.230.680.890.610.850.690.190.830.750.710.440.70.84-0.570.9-0.890.930.53
0.980.870.950.93-0.670.750.920.010.90.90.920.650.980.60.890.910.980.220.90.97-0.110.82-0.690.880.85
0.920.990.830.86-0.70.870.920.060.921.00.840.770.880.550.980.920.90.310.920.94-0.20.92-0.740.980.75
0.070.11-0.240.04-0.160.230.010.060.070.05-0.360.34-0.170.08-0.030.26-0.20.490.110.05-0.470.27-0.180.15-0.5
0.840.870.810.83-0.540.680.90.920.070.880.840.610.840.810.850.970.860.131.00.860.10.77-0.530.830.72
0.911.00.810.84-0.720.890.91.00.050.880.820.790.870.470.980.880.890.350.880.94-0.260.93-0.770.990.74
0.880.770.960.83-0.560.610.920.84-0.360.840.820.480.970.590.830.780.98-0.010.830.880.10.66-0.570.760.98
0.670.810.450.58-0.650.850.650.770.340.610.790.480.570.240.780.660.60.380.620.79-0.470.93-0.710.850.38
0.950.830.980.9-0.620.690.980.88-0.170.840.870.970.570.530.870.831.00.110.850.95-0.040.74-0.650.840.94
0.510.470.550.61-0.140.190.60.550.080.810.470.590.240.530.460.750.550.00.80.490.460.41-0.080.410.45
0.880.980.830.82-0.680.830.890.98-0.030.850.980.830.780.870.460.840.890.270.850.93-0.210.91-0.730.960.77
0.890.880.790.83-0.640.750.910.920.260.970.880.780.660.830.750.840.830.250.980.88-0.110.82-0.660.860.64
0.940.850.970.9-0.630.710.980.9-0.20.860.890.980.61.00.550.890.830.120.860.95-0.030.76-0.660.850.94
0.350.380.060.41-0.320.440.220.310.490.130.35-0.010.380.110.00.270.250.120.150.22-0.520.49-0.380.43-0.09
0.860.880.810.84-0.560.70.90.920.111.00.880.830.620.850.80.850.980.860.150.870.050.79-0.560.850.71
0.960.920.90.87-0.730.840.970.940.050.860.940.880.790.950.490.930.880.950.220.87-0.240.89-0.780.940.82
-0.27-0.290.03-0.030.61-0.57-0.11-0.2-0.470.1-0.260.1-0.47-0.040.46-0.21-0.11-0.03-0.520.05-0.24-0.430.74-0.360.13
0.850.940.650.77-0.740.90.820.920.270.770.930.660.930.740.410.910.820.760.490.790.89-0.43-0.80.960.55
-0.8-0.78-0.59-0.550.89-0.89-0.69-0.74-0.18-0.53-0.77-0.57-0.71-0.65-0.08-0.73-0.66-0.66-0.38-0.56-0.780.74-0.8-0.81-0.51
0.910.990.760.82-0.750.930.880.980.150.830.990.760.850.840.410.960.860.850.430.850.94-0.360.96-0.810.67
0.810.680.940.76-0.50.530.850.75-0.50.720.740.980.380.940.450.770.640.94-0.090.710.820.130.55-0.510.67
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Bloomage Biotechnology Account Relationship Matchups

Bloomage Biotechnology fundamental ratios Accounts

202020212022202320242025 (projected)
Other Liab62.2M56.4M145.9M186.8M214.8M225.6M
Net Tangible Assets4.1B4.5B5.2B5.8B6.6B3.4B
Retained Earnings1.1B1.7B2.2B2.5B2.8B3.0B
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 Assets5.7B7.5B8.7B8.5B9.7B5.6B
Other Current Liab173.1M366.8M7.8M5.8M6.6M6.3M
Total Current Liabilities552.9M1.4B1.6B1.2B1.4B830.5M
Total Stockholder Equity5.0B5.7B6.6B6.9B8.0B4.6B
Accounts Payable119.1M243.5M848.3M700.8M805.9M846.2M
Cash1.4B1.8B1.6B1.2B1.3B1.4B
Non Current Assets Total2.1B3.5B4.7B5.3B6.1B6.5B
Non Currrent Assets Other180.6M445.5M558.6M263.6M303.1M266.6M
Net Receivables372.4M396.6M448.4M447.4M514.5M391.6M
Non Current Liabilities Total145.9M400.8M354.7M265.8M305.7M191.1M
Inventory476.8M709.1M1.2B1.1B1.3B1.4B
Other Current Assets650.1M190.4M43.2M40.1M46.1M43.8M
Total Liab698.8M1.8B2.0B1.5B1.7B1.0B
Deferred Long Term Liab6.2M18.9M15.6M31.8M36.6M38.5M
Total Current Assets3.7B4.0B4.0B3.1B3.6B3.0B
Intangible Assets426.7M467.3M475.1M497.0M571.5M353.9M
Good Will74.6M67.2M247.2M251.3M289.0M303.4M
Net Invested Capital5.0B5.9B7.0B7.1B8.2B5.2B
Net Working Capital3.1B2.6B2.4B1.9B2.2B2.4B
Property Plant And Equipment Net1.2B2.2B2.8B3.6B4.2B2.3B
Property Plant And Equipment Gross1.6B2.7B2.8B4.3B5.0B2.7B

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.