Biomarin Long Term Investments vs Total Current Assets Analysis
BMRN Stock | USD 69.07 0.26 0.38% |
Biomarin Pharmaceutical financial indicator trend analysis is way more than just evaluating Biomarin Pharmaceutical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biomarin Pharmaceutical is a good investment. Please check the relationship between Biomarin Pharmaceutical Long Term Investments and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.
Long Term Investments vs Total Current Assets
Long Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomarin Pharmaceutical Long Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Biomarin Pharmaceutical's Long Term Investments and Total Current Assets is 0.62. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Biomarin Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Biomarin Pharmaceutical's Long Term Investments 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 Long Term Investments of Biomarin Pharmaceutical 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 Long Term Investments i.e., Biomarin Pharmaceutical's Long Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Biomarin Pharmaceutical balance sheet that represents investments Biomarin Pharmaceutical intends to hold for over a year. Biomarin Pharmaceutical long term investments may include different instruments such as stocks, bonds, real estate and cash.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 Biomarin Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomarin Pharmaceutical 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 Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.At this time, Biomarin Pharmaceutical's Selling General Administrative is very stable compared to the past year. As of the 27th of February 2025, Tax Provision is likely to grow to about 120.6 M, while Sales General And Administrative To Revenue is likely to drop 0.20.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 1.6B | 1.8B | 2.3B | 2.4B | Total Revenue | 2.1B | 2.4B | 2.9B | 3.0B |
Biomarin Pharmaceutical fundamental ratios Correlations
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Biomarin Pharmaceutical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biomarin Pharmaceutical fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 5.8B | 6.0B | 6.4B | 6.8B | 7.0B | 7.3B | |
Short Long Term Debt Total | 1.1B | 1.1B | 1.1B | 1.1B | 595.1M | 578.2M | |
Other Current Liab | 289.2M | 329.4M | 330.3M | 351.6M | 607.0M | 637.3M | |
Total Current Liabilities | 492.5M | 539.8M | 588.9M | 1.2B | 607.0M | 317.7M | |
Total Stockholder Equity | 4.1B | 4.3B | 4.6B | 5.0B | 5.7B | 5.9B | |
Property Plant And Equipment Net | 1.0B | 1.0B | 1.1B | 1.1B | 1.0B | 1.1B | |
Net Debt | 426.0M | 491.8M | 358.5M | 340.6M | (347.7M) | (330.3M) | |
Retained Earnings | (861.6M) | (925.7M) | (789.2M) | (621.6M) | (194.7M) | (204.4M) | |
Accounts Payable | 191.4M | 193.0M | 231.2M | 315.5M | 235.4M | 160.3M | |
Cash | 649.2M | 587.3M | 724.5M | 755.1M | 942.8M | 990.0M | |
Non Current Assets Total | 3.5B | 3.7B | 3.6B | 3.9B | 3.8B | 3.9B | |
Non Currrent Assets Other | 142.2M | 151.8M | 176.2M | 125.5M | 251.4M | 264.0M | |
Cash And Short Term Investments | 1.1B | 1.0B | 1.3B | 1.1B | 1.1B | 619.4M | |
Net Receivables | 448.4M | 373.4M | 461.3M | 633.7M | 660.5M | 693.6M | |
Common Stock Shares Outstanding | 191.7M | 182.9M | 189.0M | 191.6M | 196.7M | 130.9M | |
Liabilities And Stockholders Equity | 5.8B | 6.0B | 6.4B | 6.8B | 7.0B | 7.3B | |
Non Current Liabilities Total | 1.2B | 1.2B | 1.2B | 713.0M | 724.0M | 594.3M | |
Inventory | 698.5M | 776.7M | 894.1M | 1.1B | 1.2B | 1.3B | |
Other Current Assets | 129.9M | 110.4M | 104.5M | 141.4M | 201.5M | 211.6M | |
Other Stockholder Equity | 5.0B | 5.2B | 5.4B | 5.6B | 5.8B | 6.1B | |
Total Liab | 1.7B | 1.7B | 1.8B | 1.9B | 1.3B | 912.0M | |
Property Plant And Equipment Gross | 1.0B | 1.8B | 1.9B | 1.9B | 1.9B | 2.0B | |
Total Current Assets | 2.3B | 2.3B | 2.8B | 3.0B | 3.2B | 3.4B | |
Accumulated Other Comprehensive Income | (16.1M) | 14.4M | (3.9M) | (38.6M) | 61.7M | 64.7M | |
Intangible Assets | 417.3M | 388.7M | 338.6M | 294.7M | 255.3M | 245.9M | |
Common Stock Total Equity | 178K | 180K | 182K | 184K | 211.6K | 126.8K | |
Short Term Investments | 416.2M | 426.6M | 567.0M | 318.7M | 194.9M | 274.0M | |
Short Term Debt | 11.8M | 10.5M | 10.4M | 502.7M | 578.1M | 607.0M | |
Common Stock | 182K | 184K | 186K | 189K | 217.4K | 133.2K | |
Other Assets | 612.0M | 1.6B | 1.6B | 1.6B | 1.8B | 1.9B | |
Long Term Debt | 1.1B | 1.1B | 1.1B | 593.1M | 595.1M | 557.4M | |
Property Plant Equipment | 1.0B | 1.0B | 1.0B | 1.1B | 1.3B | 1.3B | |
Current Deferred Revenue | 152K | 7.0M | 711K | 4.6M | 4.2M | 4.4M | |
Other Liab | 98.1M | 174.3M | 113.7M | 73.5M | 84.5M | 81.8M | |
Net Tangible Assets | 2.5B | 3.5B | 3.7B | 4.1B | 4.7B | 4.9B | |
Retained Earnings Total Equity | (1.7B) | (1.7B) | (861.6M) | (925.7M) | (833.1M) | (874.8M) | |
Long Term Debt Total | 830.4M | 486.2M | 1.1B | 1.1B | 1.2B | 730.7M | |
Capital Surpluse | 4.7B | 4.8B | 5.0B | 5.2B | 6.0B | 3.7B | |
Long Term Investments | 285.5M | 507.8M | 333.8M | 611.1M | 521.2M | 368.0M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biomarin Pharmaceutical. If investors know Biomarin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biomarin Pharmaceutical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.449 | Earnings Share 2.13 | Revenue Per Share | Quarterly Revenue Growth 0.156 | Return On Assets |
The market value of Biomarin Pharmaceutical is measured differently than its book value, which is the value of Biomarin that is recorded on the company's balance sheet. Investors also form their own opinion of Biomarin Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is Biomarin Pharmaceutical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biomarin Pharmaceutical's market value can be influenced by many factors that don't directly affect Biomarin Pharmaceutical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biomarin Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomarin Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomarin Pharmaceutical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.