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 Research Development and its Gross Profit accounts. 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.
Research Development vs Gross Profit
Research Development 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 Research Development account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bioceres Crop's Research Development and Gross Profit is 0.96. Overlapping area represents the amount of variation of Research Development 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 Research Development 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 Research Development 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 Research Development i.e., Bioceres Crop's Research Development and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Research Development
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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Additional Tools for Bioceres Stock Analysis
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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
predict the probability of Bioceres Crop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioceres Crop's price. Additionally, you may evaluate how the addition of Bioceres Crop to your portfolios can decrease your overall portfolio volatility.