Boston Total Assets vs Total Cash From Operating Activities Analysis

0HOY Stock   89.13  0.07  0.08%   
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 Total Assets and its Total Cash From Operating Activities 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.

Total Assets vs Total Cash From Operating Activities

Total Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Scientific Corp Total Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boston Scientific's Total Assets and Total Cash From Operating Activities is 0.71. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Boston Scientific Corp are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Assets i.e., Boston Scientific's Total Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Boston Scientific assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Boston Scientific Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Cash From Operating Activities

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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