BIOX Stock | | | USD 7.12 0.12 1.71% |
Bioceres Crop financial indicator trend analysis is way more than just evaluating Bioceres Crop Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bioceres Crop Solutions is a good investment. Please check the relationship between Bioceres Crop Other Operating Expenses and its Gross Profit accounts. Check out
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Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bioceres Crop Solutions Other Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Bioceres Crop's Other Operating Expenses and Gross Profit is 0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Bioceres Crop Solutions, assuming nothing else is changed. The correlation between historical values of Bioceres Crop's Other Operating Expenses and Gross Profit 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 Operating Expenses of Bioceres Crop Solutions are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Bioceres Crop's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bioceres Crop Solutions. It is also known as Bioceres Crop overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bioceres Crop Solutions minus its cost of goods sold. It is profit before Bioceres Crop operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Bioceres Crop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bioceres Crop Solutions 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 Bioceres Crop Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Bioceres Crop's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 17.53 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
M in 2024.
| 2020 | 2021 | 2022 | 2023 (projected) |
Gross Profit | 90.9M | 126.4M | 180.2M | 181.6M | Total Revenue | 206.7M | 328.5M | 419.4M | 464.8M |
Bioceres Crop fundamental ratios Correlations
Click cells to compare fundamentals
Bioceres Crop Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bioceres Crop fundamental ratios Accounts
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measure Bioceres Crop's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bioceres Crop is operating at the current time. Most of Bioceres Crop's value examination focuses on studying past and present price action to
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