Bioceres Other Current Assets from 2010 to 2024

BIOX Stock  USD 12.12  0.11  0.90%   
Bioceres Crop Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets will likely drop to about 4.5 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2014-12-31
Previous Quarter
M
Current Value
200 K
Quarterly Volatility
3.2 M
 
Yuan Drop
 
Covid
Check Bioceres Crop financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bioceres main balance sheet or income statement drivers, such as Interest Expense of 15.3 M, Selling General Administrative of 93.2 M or Total Revenue of 429.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0015 or PTB Ratio of 3.04. Bioceres financial statements analysis is a perfect complement when working with Bioceres Crop Valuation or Volatility modules.
  
This module can also supplement Bioceres Crop's financial leverage analysis and stock options assessment as well as various Bioceres Crop Technical models . Check out the analysis of Bioceres Crop Correlation against competitors.

Latest Bioceres Crop's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Bioceres Crop Solutions over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Bioceres Crop's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bioceres Crop's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Bioceres Other Current Assets Regression Statistics

Arithmetic Mean3,337,465
Geometric Mean2,154,040
Coefficient Of Variation67.24
Mean Deviation2,067,277
Median4,823,276
Standard Deviation2,244,039
Sample Variance5T
Range5.2M
R-Value0.71
Mean Square Error2.7T
R-Squared0.50
Significance0
Slope356,112
Total Sum of Squares70.5T

Bioceres Other Current Assets History

20244.5 M
20235.7 M
20224.9 M
20212.2 M
20204.9 M
20184.8 M
20175.1 M

About Bioceres Crop Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bioceres Crop income statement, its balance sheet, and the statement of cash flows. Bioceres Crop investors use historical funamental indicators, such as Bioceres Crop's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Bioceres Crop investors may use each financial statement separately, they are all related. The changes in Bioceres Crop's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bioceres Crop's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bioceres Crop Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bioceres Crop. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets5.7 M4.5 M

Pair Trading with Bioceres Crop

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bioceres Crop position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bioceres Crop will appreciate offsetting losses from the drop in the long position's value.

Moving against Bioceres Stock

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The ability to find closely correlated positions to Bioceres Crop could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bioceres Crop when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bioceres Crop - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bioceres Crop Solutions to buy it.
The correlation of Bioceres Crop is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bioceres Crop moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bioceres Crop Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bioceres Crop can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bioceres Crop Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bioceres Crop'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 Bioceres Crop Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bioceres Crop Solutions Stock:
Check out the analysis of Bioceres Crop Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Bioceres Crop's price analysis, check to 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.
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Is Bioceres Crop's industry 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 Bioceres Crop. If investors know Bioceres 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 Bioceres Crop 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
(0.61)
Earnings Share
0.35
Revenue Per Share
7.245
Quarterly Revenue Growth
0.484
Return On Assets
0.0393
The market value of Bioceres Crop Solutions is measured differently than its book value, which is the value of Bioceres that is recorded on the company's balance sheet. Investors also form their own opinion of Bioceres Crop's value that differs from its market value or its book value, called intrinsic value, which is Bioceres Crop'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 Bioceres Crop's market value can be influenced by many factors that don't directly affect Bioceres Crop'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 Bioceres Crop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bioceres Crop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bioceres Crop'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.