Boston Operating Income vs Ebitda Analysis

0HOY Stock

90.59 0.59 0.65%

Boston Scientific financial indicator trend analysis is way more than just evaluating Boston Scientific Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boston Scientific Corp is a good investment. Please check the relationship between Boston Scientific Operating Income and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific 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 board of governors.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Scientific Corp Operating Income account and Ebitda. At this time, the significance of the direction appears to have strong relationship.

The correlation between Boston Scientific's Operating Income and Ebitda is 0.69. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Boston Scientific Corp, assuming nothing else is changed. The correlation between historical values of Boston Scientific's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Boston Scientific Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Boston Scientific's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Boston Scientific Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Boston Scientific Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from Boston Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boston Scientific Corp 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 Boston Scientific 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 board of governors.

Tax Provision is likely to gain to about 43.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.1 B in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	11.9B	12.7B	14.2B	10.6B
Depreciation And Amortization	1.1B	1.1B	1.2B	1.0B

Total Revenue Depreciation And Amortization

Boston Scientific fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Short Term Investments
Total Assets		0.52	0.59	0.99	0.98	0.82	0.94	0.9	0.71	1.0	0.51	0.95	0.71	0.9	0.97	0.63	0.83	0.92	0.63	0.91	0.96	0.95	0.31	0.78	0.96	0.67
Other Current Liab	0.52		0.88	0.47	0.52	0.71	0.48	0.67	0.59	0.51	0.75	0.46	0.59	0.66	0.55	0.34	0.54	0.54	0.45	0.5	0.6	0.59	-0.05	0.65	0.59	0.86
Total Current Liabilities	0.59	0.88		0.52	0.56	0.75	0.53	0.67	0.55	0.59	0.67	0.49	0.55	0.75	0.6	0.39	0.51	0.59	0.48	0.46	0.68	0.57	0.23	0.55	0.68	0.81
Total Stockholder Equity	0.99	0.47	0.52		0.99	0.76	0.93	0.91	0.69	0.99	0.46	0.93	0.69	0.89	0.98	0.63	0.78	0.93	0.58	0.93	0.91	0.95	0.22	0.79	0.92	0.6
Property Plant And Equipment Net	0.98	0.52	0.56	0.99		0.76	0.94	0.93	0.65	0.98	0.49	0.92	0.65	0.92	0.99	0.65	0.76	0.96	0.53	0.94	0.9	0.94	0.2	0.84	0.9	0.62
Net Debt	0.82	0.71	0.75	0.76	0.76		0.74	0.74	0.6	0.82	0.85	0.76	0.6	0.82	0.78	0.32	0.94	0.76	0.59	0.64	0.88	0.77	0.32	0.72	0.89	0.83
Retained Earnings	0.94	0.48	0.53	0.93	0.94	0.74		0.85	0.63	0.94	0.52	0.99	0.63	0.87	0.92	0.8	0.77	0.88	0.55	0.94	0.9	0.89	0.35	0.82	0.9	0.64
Accounts Payable	0.9	0.67	0.67	0.91	0.93	0.74	0.85		0.66	0.9	0.55	0.81	0.65	0.94	0.95	0.6	0.69	0.92	0.4	0.88	0.82	0.86	0.05	0.81	0.82	0.68
Cash	0.71	0.59	0.55	0.69	0.65	0.6	0.63	0.66		0.67	0.46	0.65	1.0	0.51	0.65	0.39	0.65	0.49	0.79	0.71	0.71	0.85	-0.06	0.52	0.71	0.57
Non Current Assets Total	1.0	0.51	0.59	0.99	0.98	0.82	0.94	0.9	0.67		0.51	0.94	0.67	0.91	0.97	0.63	0.83	0.93	0.59	0.89	0.96	0.93	0.35	0.76	0.97	0.67
Non Currrent Assets Other	0.51	0.75	0.67	0.46	0.49	0.85	0.52	0.55	0.46	0.51		0.52	0.46	0.62	0.53	0.17	0.78	0.54	0.38	0.46	0.58	0.55	0.01	0.73	0.58	0.74
Other Assets	0.95	0.46	0.49	0.93	0.92	0.76	0.99	0.81	0.65	0.94	0.52		0.65	0.82	0.9	0.75	0.82	0.85	0.61	0.91	0.93	0.9	0.4	0.78	0.91	0.63
Cash And Short Term Investments	0.71	0.59	0.55	0.69	0.65	0.6	0.63	0.65	1.0	0.67	0.46	0.65		0.51	0.65	0.39	0.65	0.49	0.79	0.71	0.71	0.85	-0.06	0.52	0.71	0.57
Net Receivables	0.9	0.66	0.75	0.89	0.92	0.82	0.87	0.94	0.51	0.91	0.62	0.82	0.51		0.95	0.64	0.71	0.95	0.38	0.83	0.86	0.8	0.26	0.83	0.87	0.75
Good Will	0.97	0.55	0.6	0.98	0.99	0.78	0.92	0.95	0.65	0.97	0.53	0.9	0.65	0.95		0.64	0.76	0.97	0.49	0.93	0.89	0.92	0.19	0.83	0.91	0.67
Common Stock Shares Outstanding	0.63	0.34	0.39	0.63	0.65	0.32	0.8	0.6	0.39	0.63	0.17	0.75	0.39	0.64	0.64		0.29	0.6	0.33	0.79	0.59	0.57	0.34	0.59	0.58	0.49
Non Current Liabilities Total	0.83	0.54	0.51	0.78	0.76	0.94	0.77	0.69	0.65	0.83	0.78	0.82	0.65	0.71	0.76	0.29		0.71	0.62	0.68	0.87	0.81	0.29	0.7	0.87	0.71
Inventory	0.92	0.54	0.59	0.93	0.96	0.76	0.88	0.92	0.49	0.93	0.54	0.85	0.49	0.95	0.97	0.6	0.71		0.37	0.87	0.83	0.85	0.18	0.88	0.84	0.63
Other Current Assets	0.63	0.45	0.48	0.58	0.53	0.59	0.55	0.4	0.79	0.59	0.38	0.61	0.79	0.38	0.49	0.33	0.62	0.37		0.55	0.69	0.74	0.2	0.36	0.71	0.54
Other Stockholder Equity	0.91	0.5	0.46	0.93	0.94	0.64	0.94	0.88	0.71	0.89	0.46	0.91	0.71	0.83	0.93	0.79	0.68	0.87	0.55		0.81	0.92	0.07	0.84	0.82	0.62
Total Liab	0.96	0.6	0.68	0.91	0.9	0.88	0.9	0.82	0.71	0.96	0.58	0.93	0.71	0.86	0.89	0.59	0.87	0.83	0.69	0.81		0.9	0.48	0.7	0.99	0.77
Total Current Assets	0.95	0.59	0.57	0.95	0.94	0.77	0.89	0.86	0.85	0.93	0.55	0.9	0.85	0.8	0.92	0.57	0.81	0.85	0.74	0.92	0.9		0.1	0.8	0.91	0.66
Intangible Assets	0.31	-0.05	0.23	0.22	0.2	0.32	0.35	0.05	-0.06	0.35	0.01	0.4	-0.06	0.26	0.19	0.34	0.29	0.18	0.2	0.07	0.48	0.1		-0.04	0.45	0.23
Common Stock	0.78	0.65	0.55	0.79	0.84	0.72	0.82	0.81	0.52	0.76	0.73	0.78	0.52	0.83	0.83	0.59	0.7	0.88	0.36	0.84	0.7	0.8	-0.04		0.7	0.66
Short Long Term Debt Total	0.96	0.59	0.68	0.92	0.9	0.89	0.9	0.82	0.71	0.97	0.58	0.91	0.71	0.87	0.91	0.58	0.87	0.84	0.71	0.82	0.99	0.91	0.45	0.7		0.78
Short Term Investments	0.67	0.86	0.81	0.6	0.62	0.83	0.64	0.68	0.57	0.67	0.74	0.63	0.57	0.75	0.67	0.49	0.71	0.63	0.54	0.62	0.77	0.66	0.23	0.66	0.78

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Boston Scientific Account Relationship Matchups

Boston Scientific fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.6B	30.8B	32.2B	32.5B	35.1B	26.4B
Other Current Liab	2.4B	2.8B	2.7B	2.4B	3.2B	2.8B
Total Current Liabilities	4.9B	3.7B	4.3B	3.8B	4.9B	4.1B
Total Stockholder Equity	13.9B	15.3B	16.6B	17.6B	19.3B	12.0B
Property Plant And Equipment Net	2.4B	2.5B	2.7B	2.8B	3.3B	2.3B
Net Debt	9.8B	7.7B	7.4B	8.2B	8.7B	6.5B
Retained Earnings	(2.3B)	(2.4B)	(1.4B)	(750M)	819M	860.0M
Accounts Payable	542M	513M	794M	862M	942M	543.4M
Cash	563M	1.9B	2.1B	1.1B	865M	927.8M
Non Current Assets Total	25.9B	24.1B	25.9B	26.7B	28.6B	21.4B
Non Currrent Assets Other	144M	166M	225M	442M	4.5B	4.7B
Other Assets	4.6B	4.5B	4.6B	4.6B	5.3B	5.5B
Cash And Short Term Investments	563M	1.9B	2.1B	1.1B	865M	928.1M
Net Receivables	1.8B	1.5B	1.8B	2.0B	2.2B	1.7B
Good Will	10.2B	10.0B	12.0B	12.9B	14.4B	9.6B
Common Stock Shares Outstanding	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B
Non Current Liabilities Total	11.8B	11.8B	11.3B	11.1B	10.7B	9.8B
Inventory	1.6B	1.4B	1.6B	1.9B	2.5B	1.5B
Other Current Assets	1.3B	2.3B	1.2B	1.3B	937M	1.2B
Other Stockholder Equity	15.8B	17.5B	17.7B	18.0B	18.4B	17.8B
Total Liab	16.7B	15.5B	15.6B	14.9B	15.6B	14.4B
Total Current Assets	4.7B	6.7B	6.3B	5.8B	6.5B	5.0B
Intangible Assets	8.2B	6.1B	6.2B	6.0B	6.0B	6.8B
Short Long Term Debt Total	10.4B	9.6B	9.5B	9.3B	9.6B	8.1B
Liabilities And Stockholders Equity	30.6B	30.8B	32.2B	32.5B	35.1B	27.1B
Accumulated Other Comprehensive Income	270M	207M	263M	268M	50M	47.5M
Short Term Debt	1.5B	83M	332M	81M	607M	711.3M
Long Term Debt	3.8B	4.8B	8.6B	9.1B	10.5B	7.0B
Capital Surpluse	17.2B	17.3B	17.6B	19.7B	22.7B	19.5B
Property Plant Equipment	2.4B	2.5B	2.7B	2.8B	3.3B	2.4B
Other Liab	3.0B	2.2B	2.1B	1.8B	1.6B	1.9B
Net Tangible Assets	(4.5B)	(760M)	(1.6B)	(1.3B)	(1.5B)	(1.6B)

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Boston Operating Income vs Ebitda Analysis

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

Correlation Coefficient

Operating Income

Ebitda

Boston Scientific fundamental ratios Correlations

Boston Scientific Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Boston Scientific fundamental ratios Accounts

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Additional Tools for Boston Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Good Will	+ 0.99	Property Plant And Equipment Net

Intangible Assets	- 0.06	Cash And Short Term Investments
Intangible Assets	- 0.06	Cash
Intangible Assets	- 0.05	Other Current Liab
Common Stock	- 0.04	Intangible Assets