Bluebird Total Assets vs Long Term Debt Total Analysis

BLUE Stock  USD 0.92  0.01  1.10%   
Bluebird Bio financial indicator trend analysis is way more than just evaluating Bluebird bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bluebird bio is a good investment. Please check the relationship between Bluebird Bio Total Assets and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluebird bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For information on how to trade Bluebird Stock refer to our How to Trade Bluebird Stock guide.

Total Assets vs Long Term Debt Total

Total Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bluebird bio Total Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bluebird Bio's Total Assets and Long Term Debt Total is 0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Bluebird bio, assuming nothing else is changed. The correlation between historical values of Bluebird Bio's Total Assets and Long Term Debt Total 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 Bluebird bio are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Assets i.e., Bluebird Bio's Total Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Bluebird Bio 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 Bluebird bio 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.

Long Term Debt Total

Most indicators from Bluebird Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bluebird bio 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 Bluebird bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For information on how to trade Bluebird Stock refer to our How to Trade Bluebird Stock guide.At present, Bluebird Bio's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 386.4 M, whereas Discontinued Operations is forecasted to decline to (242.6 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses529.9M275.7M157.9M150.0M
Cost Of Revenue38.9M10.1M23.9M35.5M

Bluebird Bio fundamental ratios Correlations

0.70.70.960.70.670.56-0.42-0.270.510.760.860.60.60.940.550.360.930.60.580.540.70.630.940.060.46
0.70.950.60.310.750.210.01-0.690.830.350.710.920.920.630.710.670.70.590.870.770.830.740.610.150.6
0.70.950.580.330.860.20.08-0.780.930.350.770.980.980.580.860.790.660.690.820.860.920.850.580.390.75
0.960.60.580.790.470.67-0.6-0.070.380.820.780.470.470.990.450.220.950.470.540.340.570.420.98-0.150.25
0.70.310.330.790.20.62-0.50.230.150.530.620.220.220.730.18-0.110.810.220.49-0.010.30.150.72-0.14-0.03
0.670.750.860.470.20.030.29-0.790.810.270.760.870.870.450.790.780.520.870.550.910.941.00.460.640.86
0.560.210.20.670.620.03-0.780.270.030.780.280.020.030.710.12-0.20.56-0.060.16-0.080.07-0.010.69-0.44-0.05
-0.420.010.08-0.6-0.50.29-0.78-0.530.24-0.830.00.240.24-0.630.140.41-0.440.25-0.070.360.180.33-0.670.640.37
-0.27-0.69-0.78-0.070.23-0.790.27-0.53-0.790.06-0.48-0.83-0.83-0.07-0.84-0.91-0.12-0.59-0.48-0.94-0.74-0.82-0.06-0.68-0.91
0.510.830.930.380.150.810.030.24-0.790.190.660.950.950.380.810.820.470.70.670.820.880.810.380.480.73
0.760.350.350.820.530.270.78-0.830.060.190.390.210.210.840.330.070.640.240.270.180.320.240.89-0.220.17
0.860.710.770.780.620.760.280.0-0.480.660.390.740.740.740.70.60.840.730.580.680.820.740.690.330.61
0.60.920.980.470.220.870.020.24-0.830.950.210.741.00.460.850.860.570.760.790.870.940.870.460.460.76
0.60.920.980.470.220.870.030.24-0.830.950.210.741.00.460.850.860.570.750.790.880.940.870.460.460.76
0.940.630.580.990.730.450.71-0.63-0.070.380.840.740.460.460.410.210.940.460.530.330.560.410.99-0.230.21
0.550.710.860.450.180.790.120.14-0.840.810.330.70.850.850.410.910.420.640.560.880.810.80.420.590.89
0.360.670.790.22-0.110.78-0.20.41-0.910.820.070.60.860.860.210.910.250.740.450.90.830.810.20.630.85
0.930.70.660.950.810.520.56-0.44-0.120.470.640.840.570.570.940.420.250.530.680.370.650.480.92-0.120.22
0.60.590.690.470.220.87-0.060.25-0.590.70.240.730.760.750.460.640.740.530.390.710.920.860.460.490.61
0.580.870.820.540.490.550.16-0.07-0.480.670.270.580.790.790.530.560.450.680.390.540.650.520.540.130.39
0.540.770.860.34-0.010.91-0.080.36-0.940.820.180.680.870.880.330.880.90.370.710.540.850.930.330.660.95
0.70.830.920.570.30.940.070.18-0.740.880.320.820.940.940.560.810.830.650.920.650.850.930.560.480.74
0.630.740.850.420.151.0-0.010.33-0.820.810.240.740.870.870.410.80.810.480.860.520.930.930.420.670.88
0.940.610.580.980.720.460.69-0.67-0.060.380.890.690.460.460.990.420.20.920.460.540.330.560.42-0.190.23
0.060.150.39-0.15-0.140.64-0.440.64-0.680.48-0.220.330.460.46-0.230.590.63-0.120.490.130.660.480.67-0.190.78
0.460.60.750.25-0.030.86-0.050.37-0.910.730.170.610.760.760.210.890.850.220.610.390.950.740.880.230.78
Click cells to compare fundamentals

Bluebird Bio Account Relationship Matchups

Bluebird Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B593.8M554.9M638.1M1.1B
Other Current Liab141.6M145.4M101.7M50.5M58.1M55.2M
Total Current Liabilities223.6M203.6M153.0M128.2M147.5M105.5M
Total Stockholder Equity1.3B1.4B374.3M196.3M225.8M214.5M
Other Liab58.0M48.0M54.6M93K107.0K101.6K
Property Plant And Equipment Net337.1M346.9M101.2M291.4M335.1M351.8M
Current Deferred Revenue18.9M11.6M2.3M1.5M1.4M1.3M
Net Debt(136.2M)(124.7M)(71.6M)168.4M193.6M203.3M
Retained Earnings(2.3B)(2.9B)(3.7B)(4.0B)(3.6B)(3.4B)
Accounts Payable43.0M21.6M25.9M25.1M28.9M16.3M
Cash327.2M317.7M161.2M113.0M130.0M123.5M
Non Current Assets Total575.3M565.7M257.3M355.4M408.7M350.9M
Non Currrent Assets Other79.2M72.8M53.3M52.1M59.9M33.0M
Other Assets79.2M72.8M53.3M52.1M59.9M33.2M
Cash And Short Term Investments1.2B1.3B396.6M181.7M209.0M198.6M
Common Stock Total Equity547K554K665K711K817.7K431.4K
Common Stock Shares Outstanding55.2M62.2M68.9M78.6M90.4M47.4M
Short Term Investments779.2M833.5M138.3M67.3M77.4M73.5M
Liabilities And Stockholders Equity1.7B1.8B593.8M554.9M638.1M1.1B
Non Current Liabilities Total218.9M222.6M66.5M230.3M264.9M154.1M
Other Current Assets45.7M64.3M37.0M8.4M9.6M9.1M
Other Stockholder Equity3.6B4.3B4.1B4.2B4.8B5.1B
Total Liab442.4M426.2M219.5M358.6M412.3M259.6M
Property Plant And Equipment Gross337.1M346.9M121.6M313.3M360.3M378.3M
Total Current Assets1.2B1.2B336.5M199.5M229.4M217.9M
Accumulated Other Comprehensive Income(1.9M)(5.5M)(2.9M)(4.1M)(3.7M)(3.8M)
Short Term Debt20.2M25.0M23.2M51.2M58.8M61.8M
Common Stock554K665K711K830K954.5K1.0M
Property Plant Equipment151.2M162.8M101.2M291.4M335.1M351.8M
Net Tangible Assets1.3B1.3B368.6M185.8M213.7M203.0M
Net Receivables12.8M26.8M11.4M10.8M12.4M11.0M
Retained Earnings Total Equity(1.5B)(2.3B)(2.9B)(3.7B)(3.3B)(3.2B)
Capital Surpluse3.4B3.6B4.3B4.1B4.7B2.6B
Inventory(144.3M)(149.7M)(108.5M)(1.4M)(1.3M)(1.3M)
Non Current Liabilities Other218.9M222.6M93K92K105.8K100.5K
Intangible Assets14.3M10.0M5.6M4.9M4.4M4.2M
Long Term Investments131.5M122.9M97.1M1.4M1.3M1.2M

Pair Trading with Bluebird Bio

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 Bluebird Bio 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 Bluebird Bio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bluebird Stock

  0.61DRRX Durect Earnings Call This WeekPairCorr

Moving against Bluebird Stock

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The ability to find closely correlated positions to Bluebird Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bluebird Bio 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 Bluebird Bio - 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 Bluebird bio to buy it.
The correlation of Bluebird Bio 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 Bluebird Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bluebird bio 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 Bluebird Bio 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 Bluebird bio is a strong investment it is important to analyze Bluebird Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bluebird Bio's future performance. For an informed investment choice regarding Bluebird Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluebird bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For information on how to trade Bluebird Stock refer to our How to Trade Bluebird Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Bluebird Bio'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 Bluebird Bio. If investors know Bluebird 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 Bluebird Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.63)
Revenue Per Share
0.214
Quarterly Revenue Growth
173.535
Return On Assets
(0.15)
Return On Equity
(0.48)
The market value of Bluebird bio is measured differently than its book value, which is the value of Bluebird that is recorded on the company's balance sheet. Investors also form their own opinion of Bluebird Bio's value that differs from its market value or its book value, called intrinsic value, which is Bluebird Bio'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 Bluebird Bio's market value can be influenced by many factors that don't directly affect Bluebird Bio'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 Bluebird Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bluebird Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bluebird Bio'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.