Boston Property Plant And Equipment Net vs Other Current Liab Analysis

0HOY Stock   89.17  0.04  0.04%   
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 Property Plant And Equipment Net and its Other Current Liab 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.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Scientific Corp Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Boston Scientific's Property Plant And Equipment Net and Other Current Liab is 0.54. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab 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 Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Boston Scientific Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., Boston Scientific's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Liab

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 Revenue11.9B12.7B14.2B10.6B
Depreciation And Amortization1.1B1.1B1.2B1.0B

Boston Scientific fundamental ratios Correlations

0.550.590.990.980.820.940.90.711.00.510.950.710.90.970.630.830.920.570.910.960.950.310.780.960.67
0.550.90.490.540.750.50.670.570.550.750.490.570.680.560.340.580.560.060.490.650.590.050.640.630.88
0.590.90.520.560.750.530.670.550.590.670.490.550.750.60.390.510.59-0.060.470.680.570.230.550.680.81
0.990.490.520.990.760.930.910.690.990.460.930.690.880.980.630.780.930.590.930.910.950.220.790.920.6
0.980.540.560.990.760.940.930.650.980.490.920.650.910.990.650.760.960.530.940.90.940.20.840.90.62
0.820.750.750.760.760.740.740.60.820.850.760.60.840.780.320.940.760.330.650.880.770.320.720.890.83
0.940.50.530.930.940.740.850.630.940.520.990.630.870.920.80.770.880.520.950.90.890.350.820.90.64
0.90.670.670.910.930.740.850.660.90.550.810.650.920.950.60.690.920.320.880.820.860.050.810.820.68
0.710.570.550.690.650.60.630.660.670.460.651.00.490.650.390.650.490.660.710.710.85-0.060.520.710.57
1.00.550.590.990.980.820.940.90.670.510.940.670.920.970.630.830.930.530.890.960.930.350.760.970.67
0.510.750.670.460.490.850.520.550.460.510.520.460.610.530.170.780.540.150.470.580.550.010.730.580.74
0.950.490.490.930.920.760.990.810.650.940.520.650.830.90.750.820.850.590.920.930.90.40.780.910.63
0.710.570.550.690.650.60.630.651.00.670.460.650.490.650.390.650.490.660.710.710.85-0.060.520.710.57
0.90.680.750.880.910.840.870.920.490.920.610.830.490.940.640.720.940.190.810.870.790.330.810.880.75
0.970.560.60.980.990.780.920.950.650.970.530.90.650.940.640.760.970.460.930.890.920.190.830.910.67
0.630.340.390.630.650.320.80.60.390.630.170.750.390.640.640.290.60.260.780.590.570.340.590.580.49
0.830.580.510.780.760.940.770.690.650.830.780.820.650.720.760.290.710.560.690.870.810.290.70.870.71
0.920.560.590.930.960.760.880.920.490.930.540.850.490.940.970.60.710.350.870.830.850.180.880.840.63
0.570.06-0.060.590.530.330.520.320.660.530.150.590.660.190.460.260.560.350.610.50.71-0.060.380.520.19
0.910.490.470.930.940.650.950.880.710.890.470.920.710.810.930.780.690.870.610.810.920.060.850.820.62
0.960.650.680.910.90.880.90.820.710.960.580.930.710.870.890.590.870.830.50.810.90.480.70.990.77
0.950.590.570.950.940.770.890.860.850.930.550.90.850.790.920.570.810.850.710.920.90.10.80.910.66
0.310.050.230.220.20.320.350.05-0.060.350.010.4-0.060.330.190.340.290.18-0.060.060.480.1-0.040.450.23
0.780.640.550.790.840.720.820.810.520.760.730.780.520.810.830.590.70.880.380.850.70.8-0.040.70.66
0.960.630.680.920.90.890.90.820.710.970.580.910.710.880.910.580.870.840.520.820.990.910.450.70.78
0.670.880.810.60.620.830.640.680.570.670.740.630.570.750.670.490.710.630.190.620.770.660.230.660.78
Click cells to compare fundamentals

Boston Scientific Account Relationship Matchups

Boston Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.6B30.8B32.2B32.5B35.1B26.4B
Other Current Liab2.7B2.8B2.7B2.4B3.2B2.8B
Total Current Liabilities4.9B3.7B4.3B3.8B4.9B4.1B
Total Stockholder Equity13.9B15.3B16.6B17.6B19.3B12.0B
Property Plant And Equipment Net2.4B2.5B2.7B2.8B3.3B2.3B
Net Debt9.8B7.7B7.4B8.2B8.7B6.5B
Retained Earnings(2.3B)(2.4B)(1.4B)(750M)819M860.0M
Accounts Payable542M513M794M862M942M543.4M
Cash563M1.9B2.1B1.1B865M927.8M
Non Current Assets Total25.9B24.1B25.9B26.7B28.6B21.4B
Non Currrent Assets Other144M166M225M442M4.5B4.7B
Other Assets4.6B4.5B4.6B4.6B5.3B5.5B
Cash And Short Term Investments563M1.9B2.1B1.1B865M928.1M
Net Receivables1.9B1.5B1.8B2.0B2.2B1.7B
Good Will10.2B10.0B12.0B12.9B14.4B9.6B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.5B1.5B
Non Current Liabilities Total11.8B11.8B11.3B11.1B10.7B9.8B
Inventory1.6B1.4B1.6B1.9B2.5B1.5B
Other Current Assets624M2.3B1.2B1.3B937M949.8M
Other Stockholder Equity15.8B17.5B17.7B18.0B18.4B17.8B
Total Liab16.7B15.5B15.6B14.9B15.6B14.4B
Total Current Assets4.7B6.7B6.3B5.8B6.5B5.0B
Intangible Assets8.2B6.1B6.2B6.0B6.0B6.8B
Short Long Term Debt Total10.4B9.6B9.5B9.3B9.6B8.1B
Liabilities And Stockholders Equity30.6B30.8B32.2B32.5B35.1B27.1B
Accumulated Other Comprehensive Income270M207M263M268M50M47.5M
Short Term Debt1.5B83M332M81M607M711.3M
Long Term Debt3.8B4.8B8.6B9.1B10.5B7.0B
Capital Surpluse17.2B17.3B17.6B19.7B22.7B19.5B
Property Plant Equipment2.4B2.5B2.7B2.8B3.3B2.4B
Other Liab3.0B2.2B2.1B1.8B1.6B1.9B
Net Tangible Assets(4.5B)(760M)(1.6B)(1.3B)(1.5B)(1.6B)

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