Bioceres Other Current Assets vs Good Will Analysis

BIOX Stock

USD 11.48 0.03 0.26%

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 Other Current Assets and its Good Will 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 tightly coupled with the direction of predictive economic indicators such as signals in persons.

Other Current Assets vs Good Will

Other Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bioceres Crop Solutions Other Current Assets account and Good Will. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Bioceres Crop's Other Current Assets and Good Will is 0.87. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Good Will 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 Other Current Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Bioceres Crop Solutions are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Assets i.e., Bioceres Crop's Other Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Other Current Assets

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 tightly coupled with the direction of predictive economic indicators such as signals in persons.

At this time, Bioceres Crop's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 982.4 M in 2024, despite the fact that Tax Provision is likely to grow to (5.4 M).

	2021	2022	2023	2024 (projected)
Gross Profit	90.9M	126.4M	172.4M	181.0M
Total Revenue	206.7M	328.5M	408.8M	429.2M

Gross Profit Total Revenue

Bioceres Crop fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments
Total Assets		0.34	0.9	0.88	0.79	0.96	0.82	0.93	0.97	0.87	0.96	0.71	0.92	0.91	-0.78	0.91	0.88	0.66	0.83	-0.87	0.69	0.75	0.72	0.84	0.85	0.65
Other Current Liab	0.34		0.29	-0.12	0.75	0.13	-0.04	0.37	0.19	0.5	0.21	0.72	0.38	0.46	-0.65	0.48	0.03	0.05	0.02	-0.1	0.03	0.03	-0.03	0.05	0.01	-0.05
Total Current Liabilities	0.9	0.29		0.8	0.76	0.85	0.76	0.84	0.87	0.91	0.82	0.72	0.99	0.95	-0.8	0.97	0.82	0.67	0.93	-0.88	0.71	0.85	0.78	0.91	0.89	0.68
Total Stockholder Equity	0.88	-0.12	0.8		0.43	0.96	0.83	0.83	0.91	0.65	0.93	0.39	0.76	0.72	-0.46	0.72	0.92	0.75	0.82	-0.89	0.77	0.73	0.7	0.87	0.88	0.6
Other Liab	0.79	0.75	0.76	0.43		0.63	0.57	0.67	0.71	0.9	0.64	0.86	0.85	0.88	-0.89	0.89	0.52	0.43	0.57	-0.5	0.47	0.49	0.59	0.59	0.6	0.54
Accounts Payable	0.96	0.13	0.85	0.96	0.63		0.85	0.92	0.96	0.75	0.99	0.55	0.84	0.82	-0.6	0.83	0.92	0.76	0.8	-0.89	0.77	0.7	0.73	0.88	0.89	0.63
Cash	0.82	-0.04	0.76	0.83	0.57	0.85		0.7	0.87	0.62	0.79	0.36	0.78	0.7	-0.5	0.71	0.79	0.58	0.77	-0.7	0.63	0.67	0.95	0.82	0.88	0.91
Other Assets	0.93	0.37	0.84	0.83	0.67	0.92	0.7		0.87	0.75	0.93	0.71	0.82	0.8	-0.71	0.84	0.79	0.64	0.75	-0.9	0.61	0.71	0.57	0.77	0.75	0.46
Long Term Debt	0.97	0.19	0.87	0.91	0.71	0.96	0.87	0.87		0.83	0.94	0.64	0.88	0.85	-0.71	0.86	0.87	0.67	0.83	-0.84	0.7	0.75	0.77	0.85	0.88	0.68
Good Will	0.87	0.5	0.91	0.65	0.9	0.75	0.62	0.75	0.83		0.74	0.87	0.94	0.95	-0.92	0.96	0.69	0.52	0.81	-0.71	0.58	0.75	0.63	0.73	0.73	0.55
Inventory	0.96	0.21	0.82	0.93	0.64	0.99	0.79	0.93	0.94	0.74		0.55	0.82	0.82	-0.59	0.82	0.91	0.79	0.73	-0.87	0.8	0.62	0.66	0.86	0.86	0.55
Other Current Assets	0.71	0.72	0.72	0.39	0.86	0.55	0.36	0.71	0.64	0.87	0.55		0.75	0.75	-0.94	0.81	0.36	0.25	0.59	-0.54	0.24	0.62	0.34	0.44	0.42	0.25
Total Liab	0.92	0.38	0.99	0.76	0.85	0.84	0.78	0.82	0.88	0.94	0.82	0.75		0.98	-0.83	0.99	0.81	0.66	0.89	-0.82	0.71	0.79	0.8	0.89	0.89	0.72
Intangible Assets	0.91	0.46	0.95	0.72	0.88	0.82	0.7	0.8	0.85	0.95	0.82	0.75	0.98		-0.83	0.99	0.81	0.69	0.82	-0.78	0.75	0.7	0.72	0.86	0.85	0.65
Common Stock	-0.78	-0.65	-0.8	-0.46	-0.89	-0.6	-0.5	-0.71	-0.71	-0.92	-0.59	-0.94	-0.83	-0.83		-0.86	-0.52	-0.21	-0.73	0.64	-0.26	-0.76	-0.5	-0.51	-0.51	-0.47
Property Plant Equipment	0.91	0.48	0.97	0.72	0.89	0.83	0.71	0.84	0.86	0.96	0.82	0.81	0.99	0.99	-0.86		0.77	0.66	0.84	-0.79	0.7	0.74	0.73	0.86	0.84	0.63
Net Tangible Assets	0.88	0.03	0.82	0.92	0.52	0.92	0.79	0.79	0.87	0.69	0.91	0.36	0.81	0.81	-0.52	0.77		0.73	0.82	-0.89	0.8	0.69	0.72	0.87	0.87	0.68
Property Plant And Equipment Net	0.66	0.05	0.67	0.75	0.43	0.76	0.58	0.64	0.67	0.52	0.79	0.25	0.66	0.69	-0.21	0.66	0.73		0.5	-0.6	0.98	0.28	0.56	0.87	0.85	0.4
Net Debt	0.83	0.02	0.93	0.82	0.57	0.8	0.77	0.75	0.83	0.81	0.73	0.59	0.89	0.82	-0.73	0.84	0.82	0.5		-0.89	0.57	0.96	0.78	0.84	0.83	0.73
Retained Earnings	-0.87	-0.1	-0.88	-0.89	-0.5	-0.89	-0.7	-0.9	-0.84	-0.71	-0.87	-0.54	-0.82	-0.78	0.64	-0.79	-0.89	-0.6	-0.89		-0.62	-0.85	-0.62	-0.82	-0.78	-0.54
Non Current Assets Total	0.69	0.03	0.71	0.77	0.47	0.77	0.63	0.61	0.7	0.58	0.8	0.24	0.71	0.75	-0.26	0.7	0.8	0.98	0.57	-0.62		0.34	0.63	0.9	0.88	0.5
Non Currrent Assets Other	0.75	0.03	0.85	0.73	0.49	0.7	0.67	0.71	0.75	0.75	0.62	0.62	0.79	0.7	-0.76	0.74	0.69	0.28	0.96	-0.85	0.34		0.65	0.67	0.67	0.62
Cash And Short Term Investments	0.72	-0.03	0.78	0.7	0.59	0.73	0.95	0.57	0.77	0.63	0.66	0.34	0.8	0.72	-0.5	0.73	0.72	0.56	0.78	-0.62	0.63	0.65		0.83	0.89	0.97
Net Receivables	0.84	0.05	0.91	0.87	0.59	0.88	0.82	0.77	0.85	0.73	0.86	0.44	0.89	0.86	-0.51	0.86	0.87	0.87	0.84	-0.82	0.9	0.67	0.83		0.99	0.72
Common Stock Shares Outstanding	0.85	0.01	0.89	0.88	0.6	0.89	0.88	0.75	0.88	0.73	0.86	0.42	0.89	0.85	-0.51	0.84	0.87	0.85	0.83	-0.78	0.88	0.67	0.89	0.99		0.79
Short Term Investments	0.65	-0.05	0.68	0.6	0.54	0.63	0.91	0.46	0.68	0.55	0.55	0.25	0.72	0.65	-0.47	0.63	0.68	0.4	0.73	-0.54	0.5	0.62	0.97	0.72	0.79

Click cells to compare fundamentals

Bioceres Crop Account Relationship Matchups

Bioceres Crop fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Liab	21.5M	39.4M	40.2M	42.9M	49.4M	33.1M
Other Assets	4.4M	5.7M	6.5M	13.5M	15.5M	16.3M
Long Term Debt	84.3M	96.7M	86.7M	135.9M	156.3M	164.1M
Property Plant Equipment	42.6M	49.3M	62.1M	81.8M	94.1M	51.0M
Net Tangible Assets	(14.7M)	(28.4M)	14.6M	12.6M	14.5M	15.3M
Capital Lease Obligations	1.1M	1.1M	11.8M	13.9M	16.0M	16.8M
Long Term Investments	25.0M	31.7M	39.2M	40.3M	46.3M	33.6M
Property Plant And Equipment Gross	42.6M	49.3M	87.3M	114.8M	132.0M	138.6M
Short Long Term Debt	63.7M	73.8M	78.6M	108.9M	125.2M	72.6M
Non Current Liabilities Other	1.5M	13.1M	14.1M	8.5M	9.8M	6.3M

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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:

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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

(0.69)

Earnings Share

0.35

Revenue Per Share

7.099

Quarterly Revenue Growth

(0.1)

Return On Assets

0.0268

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.

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Bioceres Other Current Assets vs Good Will Analysis

Other Current Assets vs Good Will

Other Current Assets vs Good Will Correlation Analysis

Correlation Coefficient

Other Current Assets

Good Will

Bioceres Crop fundamental ratios Correlations

Bioceres Crop Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bioceres Crop fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Accounts Payable
Property Plant Equipment	+ 0.99	Total Liab
Property Plant Equipment	+ 0.99	Intangible Assets
Common Stock Shares Outstanding	+ 0.99	Net Receivables
Intangible Assets	+ 0.98	Total Liab

Common Stock	- 0.94	Other Current Assets
Common Stock	- 0.92	Good Will
Retained Earnings	- 0.9	Other Assets
Retained Earnings	- 0.89	Net Debt
Retained Earnings	- 0.89	Net Tangible Assets
Retained Earnings	- 0.89	Accounts Payable