Betta Retained Earnings vs Intangible Assets Analysis

300558 Stock

49.36 3.74 7.04%

Betta Pharmaceuticals financial indicator trend analysis is way more than just evaluating Betta Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betta Pharmaceuticals is a good investment. Please check the relationship between Betta Pharmaceuticals Retained Earnings and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betta Pharmaceuticals Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Betta Pharmaceuticals Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Betta Pharmaceuticals' Retained Earnings and Intangible Assets is 0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Betta Pharmaceuticals Co, assuming nothing else is changed. The correlation between historical values of Betta Pharmaceuticals' Retained Earnings and Intangible Assets 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 Betta Pharmaceuticals Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Betta Pharmaceuticals' Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Betta Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betta Pharmaceuticals 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 Betta Pharmaceuticals Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 25, 2024, Selling General Administrative is expected to decline to about 632.6 M. The current year's Tax Provision is expected to grow to about (11 M)

	2021	2022	2023	2024 (projected)
Operating Income	381.4M	208.4M	332.1M	285.1M
Total Revenue	2.2B	2.4B	2.5B	1.4B

Operating Income Total Revenue

Betta Pharmaceuticals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.26	0.94	0.98	0.94	0.93	0.71	0.91	0.91	0.89	-0.14	0.98	0.94	0.96	0.99	0.66	0.97	0.88	0.86	0.92	0.96	-0.75	0.81	0.78	0.83	0.93
Other Current Liab	-0.26		-0.46	-0.15	-0.02	-0.54	0.24	0.04	-0.29	-0.5	0.24	-0.29	-0.11	-0.4	-0.23	0.12	-0.2	0.05	-0.04	-0.21	-0.08	-0.02	0.21	-0.05	0.15	-0.24
Total Current Liabilities	0.94	-0.46		0.88	0.84	0.94	0.52	0.82	0.84	0.95	-0.27	0.95	0.85	0.97	0.93	0.53	0.91	0.76	0.73	0.84	0.87	-0.68	0.7	0.64	0.72	0.91
Total Stockholder Equity	0.98	-0.15	0.88		0.93	0.88	0.79	0.9	0.85	0.86	-0.04	0.97	0.93	0.9	0.97	0.72	0.97	0.93	0.91	0.9	0.96	-0.74	0.86	0.85	0.87	0.91
Other Liab	0.94	-0.02	0.84	0.93		0.8	0.8	0.97	0.88	0.76	-0.2	0.91	0.93	0.89	0.95	0.59	0.88	0.87	0.85	0.95	0.99	-0.86	0.84	0.78	0.84	0.89
Accounts Payable	0.93	-0.54	0.94	0.88	0.8		0.48	0.75	0.89	0.91	-0.26	0.92	0.88	0.95	0.93	0.47	0.9	0.71	0.72	0.85	0.85	-0.6	0.59	0.65	0.63	0.87
Cash	0.71	0.24	0.52	0.79	0.8	0.48		0.78	0.55	0.49	-0.04	0.71	0.67	0.55	0.72	0.64	0.65	0.85	0.88	0.72	0.81	-0.77	0.77	0.85	0.77	0.71
Other Assets	0.91	0.04	0.82	0.9	0.97	0.75	0.78		0.84	0.7	-0.18	0.89	0.91	0.87	0.92	0.63	0.88	0.87	0.8	0.87	0.97	-0.91	0.91	0.7	0.91	0.88
Long Term Debt	0.91	-0.29	0.84	0.85	0.88	0.89	0.55	0.84		0.7	-0.22	0.83	0.87	0.95	0.91	0.49	0.85	0.69	0.68	0.87	0.88	-0.69	0.62	0.59	0.67	0.82
Net Receivables	0.89	-0.5	0.95	0.86	0.76	0.91	0.49	0.7	0.7		-0.15	0.93	0.79	0.88	0.87	0.53	0.88	0.74	0.75	0.81	0.79	-0.56	0.64	0.72	0.65	0.86
Short Term Investments	-0.14	0.24	-0.27	-0.04	-0.2	-0.26	-0.04	-0.18	-0.22	-0.15		-0.16	-0.19	-0.27	-0.24	0.35	-0.07	0.04	0.05	-0.14	-0.22	0.21	0.11	0.17	0.09	-0.26
Inventory	0.98	-0.29	0.95	0.97	0.91	0.92	0.71	0.89	0.83	0.93	-0.16		0.93	0.93	0.98	0.64	0.96	0.89	0.87	0.91	0.95	-0.76	0.81	0.81	0.82	0.94
Other Current Assets	0.94	-0.11	0.85	0.93	0.93	0.88	0.67	0.91	0.87	0.79	-0.19	0.93		0.89	0.96	0.61	0.95	0.86	0.8	0.89	0.95	-0.77	0.8	0.7	0.82	0.89
Total Liab	0.96	-0.4	0.97	0.9	0.89	0.95	0.55	0.87	0.95	0.88	-0.27	0.93	0.89		0.96	0.53	0.92	0.75	0.73	0.88	0.91	-0.71	0.69	0.63	0.73	0.91
Intangible Assets	0.99	-0.23	0.93	0.97	0.95	0.93	0.72	0.92	0.91	0.87	-0.24	0.98	0.96	0.96		0.6	0.96	0.87	0.85	0.93	0.98	-0.78	0.79	0.77	0.81	0.94
Common Stock	0.66	0.12	0.53	0.72	0.59	0.47	0.64	0.63	0.49	0.53	0.35	0.64	0.61	0.53	0.6		0.72	0.79	0.66	0.49	0.61	-0.51	0.75	0.57	0.77	0.62
Property Plant Equipment	0.97	-0.2	0.91	0.97	0.88	0.9	0.65	0.88	0.85	0.88	-0.07	0.96	0.95	0.92	0.96	0.72		0.9	0.82	0.84	0.92	-0.69	0.84	0.73	0.86	0.91
Retained Earnings	0.88	0.05	0.76	0.93	0.87	0.71	0.85	0.87	0.69	0.74	0.04	0.89	0.86	0.75	0.87	0.79	0.9		0.94	0.79	0.9	-0.79	0.92	0.84	0.95	0.9
Net Tangible Assets	0.86	-0.04	0.73	0.91	0.85	0.72	0.88	0.8	0.68	0.75	0.05	0.87	0.8	0.73	0.85	0.66	0.82	0.94		0.85	0.87	-0.76	0.82	0.95	0.85	0.88
Other Stockholder Equity	0.92	-0.21	0.84	0.9	0.95	0.85	0.72	0.87	0.87	0.81	-0.14	0.91	0.89	0.88	0.93	0.49	0.84	0.79	0.85		0.93	-0.79	0.7	0.83	0.72	0.86
Deferred Long Term Liab	0.96	-0.08	0.87	0.96	0.99	0.85	0.81	0.97	0.88	0.79	-0.22	0.95	0.95	0.91	0.98	0.61	0.92	0.9	0.87	0.93		-0.85	0.85	0.8	0.86	0.92
Long Term Investments	-0.75	-0.02	-0.68	-0.74	-0.86	-0.6	-0.77	-0.91	-0.69	-0.56	0.21	-0.76	-0.77	-0.71	-0.78	-0.51	-0.69	-0.79	-0.76	-0.79	-0.85		-0.8	-0.65	-0.83	-0.81
Short Long Term Debt	0.81	0.21	0.7	0.86	0.84	0.59	0.77	0.91	0.62	0.64	0.11	0.81	0.8	0.69	0.79	0.75	0.84	0.92	0.82	0.7	0.85	-0.8		0.73	0.98	0.78
Total Current Assets	0.78	-0.05	0.64	0.85	0.78	0.65	0.85	0.7	0.59	0.72	0.17	0.81	0.7	0.63	0.77	0.57	0.73	0.84	0.95	0.83	0.8	-0.65	0.73		0.73	0.74
Short Term Debt	0.83	0.15	0.72	0.87	0.84	0.63	0.77	0.91	0.67	0.65	0.09	0.82	0.82	0.73	0.81	0.77	0.86	0.95	0.85	0.72	0.86	-0.83	0.98	0.73		0.85
Non Current Assets Total	0.93	-0.24	0.91	0.91	0.89	0.87	0.71	0.88	0.82	0.86	-0.26	0.94	0.89	0.91	0.94	0.62	0.91	0.9	0.88	0.86	0.92	-0.81	0.78	0.74	0.85

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Betta Pharmaceuticals Account Relationship Matchups

Betta Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	5.2B	6.3B	7.9B	9.1B	9.6B
Other Current Liab	148.2M	136.9M	95.8M	1.6M	4.1M	3.9M
Total Current Liabilities	705.2M	438.1M	888.9M	2.1B	1.8B	1.9B
Total Stockholder Equity	2.5B	4.1B	4.6B	4.8B	5.3B	5.5B
Other Liab	227.3M	678.9M	644.6M	690.4M	794.0M	833.7M
Accounts Payable	29.2M	113.6M	431.2M	591.0M	800.1M	840.1M
Cash	521.3M	1.3B	792.0M	731.3M	752.0M	466.3M
Other Assets	1.1B	1.5B	1.3B	1.3B	1.5B	1.6B
Net Receivables	57.7M	52.6M	214.1M	433.3M	286.4M	300.7M
Inventory	134.6M	188.6M	293.3M	372.2M	327.5M	343.9M
Other Current Assets	78.7M	63.9M	153.5M	93.8M	140.4M	147.4M
Total Liab	1.7B	1.1B	1.6B	3.0B	3.8B	4.0B
Intangible Assets	1.4B	1.8B	2.4B	2.7B	3.2B	3.3B
Property Plant Equipment	815.1M	789.9M	775.7M	1.3B	1.5B	1.6B
Retained Earnings	1.4B	1.9B	2.1B	2.0B	2.3B	1.2B
Net Tangible Assets	1.3B	1.5B	3.1B	3.0B	3.4B	2.0B
Other Stockholder Equity	4.3M	51.9M	52.3M	74.6M	85.8M	90.1M
Deferred Long Term Liab	565.5M	913.1M	1.2B	1.3B	1.4B	1.5B
Total Current Assets	792.2M	1.8B	1.7B	1.7B	1.5B	1.3B
Non Current Assets Total	3.3B	3.4B	4.6B	6.2B	7.6B	4.3B
Non Currrent Assets Other	1.4M	50.8M	1.1M	6.6M	16.5M	15.7M
Non Current Liabilities Total	958.9M	647.2M	696.8M	847.7M	2.0B	2.1B
Net Invested Capital	3.1B	4.1B	4.6B	5.9B	7.4B	4.8B
Net Working Capital	87.0M	1.4B	765.1M	(371.9M)	(277.3M)	(263.4M)

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Balance Sheet is a snapshot of the financial position of Betta Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Betta Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Betta Pharmaceuticals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Betta currently owns. An asset can also be divided into two categories, current and non-current.

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Betta Retained Earnings vs Intangible Assets Analysis

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Intangible Assets

Betta Pharmaceuticals fundamental ratios Correlations

Betta Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Betta Pharmaceuticals fundamental ratios Accounts

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Other Information on Investing in Betta Stock

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Intangible Assets	+ 0.99	Total Assets
Deferred Long Term Liab	+ 0.99	Other Liab
Total Stockholder Equity	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Inventory
Deferred Long Term Liab	+ 0.98	Intangible Assets

Long Term Investments	- 0.91	Other Assets
Long Term Investments	- 0.86	Other Liab
Long Term Investments	- 0.85	Deferred Long Term Liab
Short Term Debt	- 0.83	Long Term Investments
Non Current Assets Total	- 0.81	Long Term Investments
Short Long Term Debt	- 0.8	Long Term Investments