Bio Total Revenue vs Long Term Debt Analysis

TECH Stock  USD 77.12  0.28  0.36%   
Bio Techne financial indicator trend analysis is way more than just evaluating Bio Techne Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bio Techne Corp is a good investment. Please check the relationship between Bio Techne Total Revenue and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bio Techne 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 main economic indicators.

Total Revenue vs Long Term Debt

Total Revenue vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bio Techne Corp Total Revenue account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bio Techne's Total Revenue and Long Term Debt is 0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Bio Techne Corp, assuming nothing else is changed. The correlation between historical values of Bio Techne's Total Revenue and Long Term Debt 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 Revenue of Bio Techne Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Revenue i.e., Bio Techne's Total Revenue and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Bio Techne Corp 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.

Long Term Debt

Long-term debt is a debt that Bio Techne Corp has held for over one year. Long-term debt appears on Bio Techne Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bio Techne Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Bio Techne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bio Techne 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Bio Techne 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 main economic indicators.
The Bio Techne's current Selling General Administrative is estimated to increase to about 416.7 M. The Bio Techne's current Tax Provision is estimated to increase to about 24.5 M
 2021 2022 2023 2024 (projected)
Total Revenue1.1B1.1B1.2B1.2B
Depreciation And Amortization101.1M107.2M111.7M117.3M

Bio Techne fundamental ratios Correlations

0.90.660.930.980.960.740.980.250.990.290.070.970.930.870.970.90.950.910.870.850.50.90.860.71-0.38
0.90.460.860.790.760.930.830.060.920.19-0.090.840.760.990.810.750.750.990.650.70.730.960.640.49-0.35
0.660.460.810.680.690.330.60.230.640.00.120.680.630.440.660.60.710.530.640.71-0.030.480.670.54-0.22
0.930.860.810.890.880.740.870.180.930.040.020.910.860.850.880.810.880.90.780.870.470.880.780.57-0.34
0.980.790.680.890.990.620.980.310.960.340.130.970.940.760.990.920.970.810.910.850.360.80.910.79-0.37
0.960.760.690.880.990.590.960.320.940.350.130.940.920.730.970.910.980.780.90.890.30.780.910.77-0.37
0.740.930.330.740.620.590.65-0.30.810.12-0.40.720.550.930.660.620.60.910.370.520.740.890.510.4-0.37
0.980.830.60.870.980.960.650.330.960.30.170.940.960.810.950.880.910.840.910.790.50.850.850.71-0.31
0.250.060.230.180.310.32-0.30.330.150.180.850.150.390.070.220.170.240.090.610.36-0.080.10.160.080.11
0.990.920.640.930.960.940.810.960.150.28-0.040.970.90.90.960.90.930.930.810.830.540.930.850.7-0.44
0.290.190.00.040.340.350.120.30.180.280.010.280.20.160.370.270.360.130.280.17-0.230.120.240.51-0.24
0.07-0.090.120.020.130.13-0.40.170.85-0.040.01-0.070.3-0.090.01-0.050.03-0.070.510.2-0.11-0.09-0.04-0.130.6
0.970.840.680.910.970.940.720.940.150.970.28-0.070.880.80.980.930.960.850.820.790.430.840.90.8-0.49
0.930.760.630.860.940.920.550.960.390.90.20.30.880.740.890.790.870.790.920.830.440.810.790.6-0.17
0.870.990.440.850.760.730.930.810.070.90.16-0.090.80.740.770.70.70.990.620.680.760.980.580.42-0.34
0.970.810.660.880.990.970.660.950.220.960.370.010.980.890.770.940.990.810.860.840.350.80.920.82-0.44
0.90.750.60.810.920.910.620.880.170.90.27-0.050.930.790.70.940.940.740.80.740.370.710.960.86-0.5
0.950.750.710.880.970.980.60.910.240.930.360.030.960.870.70.990.940.760.860.870.240.740.940.83-0.44
0.910.990.530.90.810.780.910.840.090.930.13-0.070.850.790.990.810.740.760.670.740.720.980.640.46-0.35
0.870.650.640.780.910.90.370.910.610.810.280.510.820.920.620.860.80.860.670.80.280.650.780.65-0.09
0.850.70.710.870.850.890.520.790.360.830.170.20.790.830.680.840.740.870.740.80.20.750.730.47-0.25
0.50.73-0.030.470.360.30.740.5-0.080.54-0.23-0.110.430.440.760.350.370.240.720.280.20.740.210.04-0.14
0.90.960.480.880.80.780.890.850.10.930.12-0.090.840.810.980.80.710.740.980.650.750.740.620.41-0.39
0.860.640.670.780.910.910.510.850.160.850.24-0.040.90.790.580.920.960.940.640.780.730.210.620.89-0.47
0.710.490.540.570.790.770.40.710.080.70.51-0.130.80.60.420.820.860.830.460.650.470.040.410.89-0.51
-0.38-0.35-0.22-0.34-0.37-0.37-0.37-0.310.11-0.44-0.240.6-0.49-0.17-0.34-0.44-0.5-0.44-0.35-0.09-0.25-0.14-0.39-0.47-0.51
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Bio Techne Account Relationship Matchups

Bio Techne fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.3B2.6B2.7B2.8B
Short Long Term Debt Total433.5M420.6M326.0M455.0M419.5M440.5M
Other Current Liab8.3M62.9M69.2M45.3M63.9M67.1M
Total Current Liabilities106.7M152.3M176.0M128.5M159.4M167.3M
Total Stockholder Equity1.4B1.6B1.7B2.0B2.1B2.2B
Property Plant And Equipment Net248.3M281.7M288.8M324.5M342.4M359.6M
Net Debt286.9M221.5M153.4M274.4M267.7M281.1M
Retained Earnings1.1B1.1B1.1B1.3B1.3B1.4B
Cash146.6M199.1M172.6M180.6M151.8M89.5M
Non Current Assets Total1.5B1.8B1.7B2.0B2.1B2.2B
Non Currrent Assets Other13.5M11.6M(88.2M)285.3M12.1M16.3M
Cash And Short Term Investments270.9M231.6M247.0M204.3M152.9M137.1M
Net Receivables122.5M145.4M194.5M218.5M241.4M253.5M
Common Stock Shares Outstanding157.6M161.9M164.1M161.9M160.8M169.2M
Liabilities And Stockholders Equity2.0B2.3B2.3B2.6B2.7B2.8B
Non Current Liabilities Total539.7M539.4M417.8M543.7M475.6M499.4M
Inventory103.2M116.7M141.1M171.6M179.7M188.7M
Other Current Assets24.3M16.9M22.9M27.1M43.4M45.6M
Other Stockholder Equity420.5M534.4M653.7M721.5M820.3M861.4M
Total Liab646.4M691.7M593.8M672.2M635.0M666.8M
Total Current Assets520.9M510.6M605.6M621.5M617.4M648.3M
Short Term Debt22.0M35.7M36.4M22.4M25.8M27.1M
Accounts Payable63.3M29.4M33.9M25.7M38.0M39.9M
Intangible Assets516.5M616.0M531.5M534.6M507.1M532.4M
Property Plant And Equipment Gross248.3M281.7M288.8M324.5M599.0M628.9M
Accumulated Other Comprehensive Income(97.2M)(57.3M)(75.2M)(66.1M)(78.3M)(74.4M)
Common Stock Total Equity385K390K392K1.6M1.8M1.9M
Short Term Investments124.3M32.5M74.5M23.7M1.1M1.0M
Common Stock385K390K392K1.6M1.6M1.7M
Other Liab110.9M143.0M116.2M99.9M114.9M97.2M
Other Assets13.5M11.6M46.8M12.6M14.5M8.8M
Long Term Debt344.2M328.8M243.4M350M319M335.0M
Property Plant Equipment248.3M281.7M288.8M226.2M260.1M139.9M
Good Will728.3M843.1M822.1M872.7M972.7M1.0B
Current Deferred Revenue13.0M19.0M23.4M23.1M27.9M29.3M
Net Tangible Assets136.3M112.2M347.4M652.9M587.6M617.0M
Retained Earnings Total Equity1.1B1.1B1.1B1.3B1.5B812.3M
Capital Surpluse420.5M534.4M653.7M721.5M829.8M871.3M
Deferred Long Term Liab101.1M93.1M99.0M89.0M102.3M67.5M

Currently Active Assets on Macroaxis

When determining whether Bio Techne Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Techne's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bio Techne Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Techne Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bio Techne 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 main economic indicators.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Life Sciences Tools & Services 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 Bio Techne. If investors know Bio 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 Bio Techne 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
(0.32)
Dividend Share
0.32
Earnings Share
0.95
Revenue Per Share
7.424
Quarterly Revenue Growth
0.045
The market value of Bio Techne Corp is measured differently than its book value, which is the value of Bio that is recorded on the company's balance sheet. Investors also form their own opinion of Bio Techne's value that differs from its market value or its book value, called intrinsic value, which is Bio Techne'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 Bio Techne's market value can be influenced by many factors that don't directly affect Bio Techne'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 Bio Techne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Techne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Techne'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.