Bomesc Total Current Assets vs Other Assets Analysis

603727 Stock   12.00  0.18  1.48%   
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 Total Current Assets and its Other 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.

Total Current Assets vs Other Assets

Total Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bomesc Offshore Engi Total Current Assets account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bomesc Offshore's Total Current Assets and Other Assets is -0.2. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other 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 Total Current Assets and Other 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 Total Current Assets of Bomesc Offshore Engineering are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., Bomesc Offshore's Total Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Assets

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.