Burning Retained Earnings vs Property Plant And Equipment Net Analysis
BNR Stock | USD 7.71 0.09 1.15% |
Burning Rock financial indicator trend analysis is way more than just evaluating Burning Rock Biotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Burning Rock Biotech is a good investment. Please check the relationship between Burning Rock Retained Earnings and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Burning Rock Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burning Rock Biotech Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Burning Rock's Retained Earnings and Property Plant And Equipment Net is -0.68. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Burning Rock Biotech, assuming nothing else is changed. The correlation between historical values of Burning Rock's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Burning Rock Biotech are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Burning Rock's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Burning Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Burning Rock Biotech 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 Burning Rock Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of 06/15/2024, Tax Provision is likely to grow to about 3.4 M, while Selling General Administrative is likely to drop slightly above 327.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 364.1M | 380.0M | 363.2M | 298.8M | Total Revenue | 507.9M | 563.2M | 537.4M | 430.6M |
Burning Rock fundamental ratios Correlations
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Burning Rock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Burning Rock fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 86.8M | 68.6M | 104.2M | 103.9M | 102.4M | 89.6M | |
Total Assets | 847.6M | 2.7B | 2.3B | 1.6B | 1.0B | 1.6B | |
Short Long Term Debt Total | 67.5M | 46.9M | 86.7M | 50.8M | 12.3M | 11.7M | |
Other Current Liab | 54.1M | 83.6M | 127.9M | 173.8M | 104.9M | 105.6M | |
Total Current Liabilities | 164.4M | 241.5M | 372.2M | 411.5M | 263.4M | 318.6M | |
Total Stockholder Equity | (891.5M) | 2.4B | 1.8B | 1.2B | 768.4M | 861.3M | |
Other Liab | 991K | 491K | 11.8M | 4.1M | 4.7M | 4.3M | |
Net Tangible Assets | (891.8M) | 2.4B | 1.8B | 1.2B | 1.3B | 862.0M | |
Property Plant And Equipment Net | 89.3M | 111.5M | 406.4M | 300.0M | 144.2M | 205.5M | |
Current Deferred Revenue | 53.6M | 75.5M | 143.8M | 149.4M | 131.7M | 112.2M | |
Net Debt | (26.8M) | (1.8B) | (1.3B) | (854.7M) | (602.8M) | (632.9M) | |
Retained Earnings | (946.5M) | (1.4B) | (2.2B) | (3.2B) | (3.9B) | (3.7B) | |
Accounts Payable | 12.3M | 35.5M | 63.1M | 50.9M | 18.1M | 36.0M | |
Cash | 94.2M | 1.9B | 1.4B | 905.5M | 615.1M | 923.0M | |
Non Current Assets Total | 140.8M | 139.4M | 457.6M | 328.7M | 155.9M | 238.7M | |
Non Currrent Assets Other | 11.0M | 23.0M | 45.1M | 26.0M | 5.1M | 4.8M | |
Other Assets | 11.0M | 23.0M | 45.1M | 26.0M | 29.9M | 24.8M | |
Cash And Short Term Investments | 408.2M | 2.3B | 1.5B | 905.5M | 615.1M | 1.1B | |
Net Receivables | 208.5M | 111.0M | 134.6M | 151.7M | 167.8M | 156.9M | |
Short Term Investments | 314.0M | 362.1M | 63.8M | 2.1M | 13.4M | 12.7M | |
Liabilities And Stockholders Equity | 847.6M | 2.7B | 2.3B | 1.6B | 1.0B | 1.6B | |
Non Current Liabilities Total | 1.6B | 491K | 61.1M | 17.7M | 8.2M | 7.8M | |
Capital Lease Obligations | 9.7M | 4.8M | 84.3M | 50.8M | 12.3M | 11.7M | |
Inventory | 58.1M | 68.0M | 123.2M | 130.3M | 69.0M | 91.3M | |
Other Current Assets | 1.3M | 57.3M | 60.3M | 51.5M | 2.8M | 2.7M | |
Other Stockholder Equity | (1.5B) | 4.0B | 4.3B | 4.5B | 4.8B | 3.0B | |
Total Liab | 1.7B | 242.0M | 433.3M | 429.1M | 271.6M | 258.0M | |
Net Invested Capital | (833.7M) | 2.5B | 1.8B | 1.2B | 768.4M | 928.4M | |
Long Term Investments | 40.2M | 1.4M | 910K | 690K | 337K | 320.2K | |
Property Plant And Equipment Gross | 89.3M | 111.5M | 406.4M | 300.0M | 548.3M | 279.6M | |
Total Current Assets | 706.8M | 2.5B | 1.8B | 1.3B | 884.1M | 1.4B | |
Accumulated Other Comprehensive Income | 9.3M | (167.6M) | (207.1M) | (165.7M) | (161.5M) | (169.6M) | |
Net Working Capital | 542.3M | 2.3B | 1.4B | 847.3M | 620.7M | 1.1B | |
Short Term Debt | 44.4M | 46.9M | 37.4M | 37.2M | 8.6M | 8.2M | |
Intangible Assets | 343K | 3.5M | 5.2M | 161K | 964K | 915.8K | |
Property Plant Equipment | 89.3M | 111.5M | 406.4M | 300.0M | 345.0M | 214.9M |
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