Bomesc Intangible Assets vs Net Tangible Assets Analysis

603727 Stock   12.35  0.23  1.90%   
Bomesc Offshore financial indicator trend analysis is way more than just evaluating Bomesc Offshore Engi prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bomesc Offshore Engi is a good investment. Please check the relationship between Bomesc Offshore Intangible Assets and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bomesc Offshore Engineering. 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.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bomesc Offshore Engi Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bomesc Offshore's Intangible Assets and Net Tangible Assets is 0.58. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Bomesc Offshore Engineering, assuming nothing else is changed. The correlation between historical values of Bomesc Offshore's Intangible Assets and Net Tangible 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 Intangible Assets of Bomesc Offshore Engineering are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Bomesc Offshore's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

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

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Bomesc Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bomesc Offshore Engi 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 Bomesc Offshore Engineering. 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.
The current year's Selling General Administrative is expected to grow to about 41.2 M, whereas Tax Provision is projected to grow to (25.1 M).
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.6B2.8B1.6B1.6B
Research Development190.3M164.8M105.1M89.1M

Bomesc Offshore fundamental ratios Correlations

0.120.850.960.270.890.730.80.120.320.580.490.850.810.920.90.910.060.680.760.320.1-0.680.640.70.79
0.120.370.010.020.180.03-0.260.57-0.060.380.30.240.330.18-0.010.320.08-0.40.380.66-0.31-0.15-0.21-0.36-0.22
0.850.370.670.310.640.780.660.17-0.010.640.540.840.990.790.680.86-0.220.630.80.320.15-0.650.750.640.74
0.960.010.670.230.930.610.770.10.450.50.410.730.610.890.920.840.220.610.640.30.01-0.610.480.640.69
0.270.020.310.230.120.640.24-0.31-0.420.580.37-0.150.270.260.410.440.120.03-0.04-0.17-0.1-0.220.080.040.02
0.890.180.640.930.120.590.660.210.490.590.420.680.580.790.730.760.280.440.660.4-0.04-0.630.370.490.59
0.730.030.780.610.640.590.64-0.150.00.760.490.460.770.610.590.7-0.10.530.480.020.14-0.620.650.530.6
0.8-0.260.660.770.240.660.64-0.080.180.360.180.650.650.660.720.66-0.110.80.60.00.26-0.460.730.840.82
0.120.570.170.1-0.310.21-0.15-0.080.3-0.020.370.330.140.290.040.14-0.06-0.250.620.94-0.310.01-0.2-0.12-0.05
0.32-0.06-0.010.45-0.420.490.00.180.3-0.06-0.240.3-0.040.170.190.010.30.120.250.29-0.07-0.280.050.10.18
0.580.380.640.50.580.590.760.36-0.02-0.060.480.280.570.50.460.67-0.020.240.370.17-0.38-0.480.250.30.2
0.490.30.540.410.370.420.490.180.37-0.240.480.410.510.670.460.58-0.230.090.520.520.02-0.140.130.180.3
0.850.240.840.73-0.150.680.460.650.330.30.280.410.840.830.670.73-0.210.670.870.420.26-0.580.730.690.84
0.810.330.990.610.270.580.770.650.14-0.040.570.510.840.740.620.8-0.280.640.780.260.25-0.630.80.640.77
0.920.180.790.890.260.790.610.660.290.170.50.670.830.740.910.91-0.060.580.80.470.01-0.540.510.640.7
0.9-0.010.680.920.410.730.590.720.040.190.460.460.670.620.910.90.130.640.570.24-0.04-0.510.470.670.63
0.910.320.860.840.440.760.70.660.140.010.670.580.730.80.910.90.080.540.70.38-0.08-0.580.490.580.59
0.060.08-0.220.220.120.28-0.1-0.11-0.060.3-0.02-0.23-0.21-0.28-0.060.130.08-0.23-0.20.05-0.28-0.28-0.39-0.28-0.25
0.68-0.40.630.610.030.440.530.8-0.250.120.240.090.670.640.580.640.54-0.230.46-0.220.22-0.510.880.980.85
0.760.380.80.64-0.040.660.480.60.620.250.370.520.870.780.80.570.7-0.20.460.680.02-0.570.550.560.68
0.320.660.320.3-0.170.40.020.00.940.290.170.520.420.260.470.240.380.05-0.220.68-0.32-0.07-0.19-0.090.0
0.1-0.310.150.01-0.1-0.040.140.26-0.31-0.07-0.380.020.260.250.01-0.04-0.08-0.280.220.02-0.320.020.470.120.51
-0.68-0.15-0.65-0.61-0.22-0.63-0.62-0.460.01-0.28-0.48-0.14-0.58-0.63-0.54-0.51-0.58-0.28-0.51-0.57-0.070.02-0.61-0.49-0.63
0.64-0.210.750.480.080.370.650.73-0.20.050.250.130.730.80.510.470.49-0.390.880.55-0.190.47-0.610.830.91
0.7-0.360.640.640.040.490.530.84-0.120.10.30.180.690.640.640.670.58-0.280.980.56-0.090.12-0.490.830.84
0.79-0.220.740.690.020.590.60.82-0.050.180.20.30.840.770.70.630.59-0.250.850.680.00.51-0.630.910.84
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Bomesc Offshore Account Relationship Matchups

Bomesc Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B4.2B5.3B5.2B4.8B3.3B
Other Current Liab273.8M896.3M61.8M41.8K48.1K45.7K
Total Current Liabilities728.8M1.7B1.8B1.5B1.5B1.0B
Total Stockholder Equity2.3B2.4B3.3B3.3B3.2B2.1B
Other Liab92.3M91.1M134.3M80.4M92.4M116.1M
Retained Earnings701.3M807.2M916.4M830.6M707.8M642.4M
Accounts Payable338.2M395.6M1.1B517.0M506.2M461.6M
Cash486.1M630.8M1.5B2.0B2.0B2.1B
Other Assets19.5M290.3M244.8M49.5M56.9M88.0M
Net Receivables210.7M343.1M447.0M95.8M316.9M259.5M
Inventory530.3M243.9M398.0M305.1M169.7M255.4M
Other Current Assets190.8M420.8M338.3M515.7M376.4M194.9M
Total Liab821.0M1.8B1.9B1.8B1.6B1.2B
Intangible Assets411.1M401.8M461.5M450.6M438.7M345.2M
Property Plant Equipment915.6M1.2B1.2B1.0B1.2B922.6M
Net Tangible Assets1.9B2.0B2.9B2.9B3.3B2.5B
Non Current Assets Total1.6B1.8B1.7B1.6B1.5B1.6B
Non Currrent Assets Other267.8M224.0M29.6M32.2M29.0M27.5M
Non Current Liabilities Total92.3M91.1M134.3M280.5M77.9M140.6M
Other Stockholder Equity327.8K(855.2K)(1.5M)(383.8K)(345.4K)(362.7K)
Total Current Assets1.5B2.4B3.6B3.5B3.3B2.8B
Net Invested Capital2.4B2.8B4.0B4.4B3.5B3.4B
Net Working Capital809.8M709.0M1.8B2.0B1.8B1.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Bomesc Stock

Balance Sheet is a snapshot of the financial position of Bomesc Offshore Engi at a specified time, usually calculated after every quarter, six months, or one year. Bomesc Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bomesc Offshore 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 Bomesc currently owns. An asset can also be divided into two categories, current and non-current.