Bio Rad Financials

BIO-B Stock  USD 336.00  3.36  0.99%   
Based on the measurements of operating efficiency obtained from Bio Rad's historical financial statements, Bio Rad Laboratories may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Bio Rad's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.5 B, whereas Total Current Liabilities is forecasted to decline to about 338.4 M. Key indicators impacting Bio Rad's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.130.1361
Sufficiently Down
Slightly volatile
Current Ratio6.125.8308
Sufficiently Up
Slightly volatile
Investors should never underestimate Bio Rad's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bio Rad's cash flow, debt, and profitability to make informed and accurate decisions about investing in Bio Rad Laboratories.

Net Income

(605.46 Million)

  
Understanding current and past Bio Rad Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bio Rad's financial statements are interrelated, with each one affecting the others. For example, an increase in Bio Rad's assets may result in an increase in income on the income statement.
Please note, the presentation of Bio Rad's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bio Rad's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bio Rad's management manipulating its earnings.

Bio Rad Stock Summary

Bio Rad competes with Nexalin Technology, Electromed, SurModics, STRATA Skin, and Aurora Spine. Bio-Rad Laboratories, Inc. develops, manufactures, and markets products and solutions for the life science research and clinical diagnostic markets in Europe, the Pacific Rim, the United States, and internationally. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California. Bio Rad operates under Diagnostics Research classification in USA and is traded on New York Stock Exchange. It employs 8000 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0905721082
Business Address1000 Alfred Nobel
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.bio-rad.com
Phone510 724 7000
CurrencyUSD - US Dollar

Bio Rad Key Financial Ratios

Bio Rad Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.0B13.0B17.8B13.5B12.3B12.9B
Other Current Liab158.5M354.0M404.9M312.2M302.0M317.1M
Net Debt(220.9M)(648.1M)(459.8M)764.0M1.0B1.1B
Retained Earnings5.5B9.3B13.5B9.9B9.3B9.7B
Cash660.7M662.2M470.8M434.2M404.0M257.1M
Net Receivables392.7M419.4M423.5M494.6M489.0M272.4M
Inventory554.0M622.3M572.2M719.3M780.5M819.5M
Other Current Assets113.3M97.5M124.8M153.3M171.7M92.3M
Total Liab2.3B3.1B4.1B3.9B3.6B3.7B
Total Current Assets2.2B2.1B2.0B3.2B3.0B3.2B
Short Term Debt426.2M38.3M36.9M36.8M40.4M33.9M
Accounts Payable287.1M139.5M141.9M135.0M144.6M116.6M
Intangible Assets145.5M199.5M253.9M332.1M320.5M188.7M
Good Will264.1M291.9M347.3M406.5M413.6M419.6M
Net Tangible Assets5.3B9.9B13.3B9.2B10.6B5.4B
Long Term Debt13.6M12.3M10.5M1.2B1.2B1.3B
Long Term Debt Total13.6M12.3M10.5M1.2B1.1B1.1B
Capital Surpluse410.0M429.4M441.7M447.5M514.6M384.1M
Treasury Stock(38.4M)(99.9M)(106.3M)(263.6M)(237.2M)(225.4M)

Bio Rad Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense23.4M21.9M1.6M38.1M49.4M51.9M
Total Revenue2.3B2.5B2.9B2.8B2.7B1.4B
Gross Profit1.3B1.4B1.6B1.6B1.4B769.3M
Operating Income229.7M411.0M489.4M482.6M365.7M384.0M
Ebit389.8M4.9B5.5B(4.7B)(754.2M)(716.5M)
Ebitda390.0M5.1B5.6B(4.5B)(608.3M)(577.9M)
Cost Of Revenue1.1B1.1B1.3B1.2B1.2B1.3B
Income Before Tax2.3B4.9B5.4B(4.7B)(850.1M)(807.6M)
Net Income1.8B3.8B4.3B(3.6B)(637.3M)(605.5M)
Income Tax Expense502.4M1.1B1.2B(1.1B)(212.8M)(202.1M)
Research Development202.7M226.6M271.7M256.9M226.9M161.8M
Tax Provision502.4M1.1B1.2B(1.1B)(27.9M)(26.5M)
Net Interest Income7.1M(21.9M)(1.6M)19.9M47.6M50.0M
Interest Income30.5M18.2M18.9M58M96.4M101.2M

Bio Rad Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory24.2M(52.1M)46.1M(158.8M)(46.3M)(44.0M)
Change In Cash228.5M4.5M(196.0M)(36.6M)(30.2M)(28.7M)
Free Cash Flow359.4M476.4M535.7M80.3M218.3M229.2M
Depreciation134.2M138.1M133.8M137.3M192.4M202.0M
Other Non Cash Items(1.5B)(3.4B)(3.7B)5.3B1.1B1.1B
Capital Expenditures98.5M98.9M120.8M114.2M156.7M84.5M
Net Income1.8B3.8B4.2B(3.6B)(637.3M)(605.5M)
End Period Cash Flow662.7M667.1M471.1M434.5M404.4M286.4M
Investments(39.9M)119.6M(538.2M)(994.2M)(110.5M)(116.1M)
Change Receivables31.7M21.5M35.3M68.2M78.4M82.3M
Net Borrowings(643K)(426.9M)(3.0M)1.2B1.4B1.4B
Change To Netincome(2.0B)(4.5B)(3.8B)5.3B4.7B5.0B

Bio Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bio Rad's current stock value. Our valuation model uses many indicators to compare Bio Rad value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bio Rad competition to find correlations between indicators driving Bio Rad's intrinsic value. More Info.
Bio Rad Laboratories is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Bio Rad's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bio Rad's earnings, one of the primary drivers of an investment's value.

Bio Rad Market Pulse

 Quote336.00
 Change(%)  0.99 
 Change3.36 
 Open339.36
 Low336.0
 High339.36
 Volume0
 ExchangeNYSE
Today, most investors in Bio Rad Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bio Rad's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bio Rad growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.15

At present, Bio Rad's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Bio Rad November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bio Rad help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bio Rad Laboratories. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bio Rad Laboratories based on widely used predictive technical indicators. In general, we focus on analyzing Bio Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bio Rad's daily price indicators and compare them against related drivers.

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When running Bio Rad's price analysis, check to measure Bio Rad'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 Bio Rad is operating at the current time. Most of Bio Rad's value examination focuses on studying past and present price action to predict the probability of Bio Rad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bio Rad's price. Additionally, you may evaluate how the addition of Bio Rad to your portfolios can decrease your overall portfolio volatility.
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