BIOX Stock | | | USD 7.00 0.02 0.28% |
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 Total Current Assets and its Total Revenue 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.
Total Current Assets vs Total Revenue
Total Current Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bioceres Crop Solutions Total Current Assets account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bioceres Crop's Total Current Assets and Total Revenue is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue 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 Total Current Assets and Total Revenue 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 Current Assets of Bioceres Crop Solutions are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Bioceres Crop's Total Current Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Total Revenue
Total revenue comprises all receipts Bioceres Crop Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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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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.