BrightGene Selling General Administrative vs Ebitda Analysis

688166 Stock   30.92  1.21  4.07%   
BrightGene Bio financial indicator trend analysis is way more than just evaluating BrightGene Bio Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BrightGene Bio Medical is a good investment. Please check the relationship between BrightGene Bio Selling General Administrative and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BrightGene Bio Medical. 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.

Selling General Administrative vs Ebitda

Selling General Administrative vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BrightGene Bio Medical Selling General Administrative account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BrightGene Bio's Selling General Administrative and Ebitda is 0.92. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebitda in the same time period over historical financial statements of BrightGene Bio Medical, assuming nothing else is changed. The correlation between historical values of BrightGene Bio's Selling General Administrative and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of BrightGene Bio Medical are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling General Administrative i.e., BrightGene Bio's Selling General Administrative and Ebitda go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Ebitda

Most indicators from BrightGene Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BrightGene Bio Medical 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 BrightGene Bio Medical. 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 January 28, 2025, Tax Provision is expected to decline to about 14.9 M. In addition to that, Selling General Administrative is expected to decline to about 73.5 M
 2022 2023 2024 2025 (projected)
Gross Profit641.0M658.1M756.8M438.0M
Total Revenue1.0B1.2B1.4B751.2M

BrightGene Bio fundamental ratios Correlations

-0.50.980.90.881.00.980.970.990.560.980.850.010.990.850.980.760.710.90.970.80.990.750.831.00.83
-0.5-0.48-0.52-0.49-0.52-0.43-0.4-0.51-0.25-0.46-0.48-0.16-0.56-0.23-0.45-0.430.01-0.44-0.52-0.54-0.45-0.4-0.55-0.47-0.35
0.98-0.480.840.810.970.980.920.990.520.960.8-0.150.960.841.00.710.650.840.980.720.990.640.750.980.73
0.9-0.520.841.00.920.870.90.870.670.880.930.220.90.880.840.860.720.990.870.940.870.890.940.90.92
0.88-0.490.811.00.90.860.880.850.680.860.940.240.870.880.810.860.740.980.860.950.850.90.950.880.92
1.0-0.520.970.920.90.980.950.990.610.970.880.060.990.860.970.80.720.910.980.830.980.790.860.990.83
0.98-0.430.980.870.860.980.920.980.520.940.89-0.120.940.910.970.720.770.870.980.780.990.710.810.980.76
0.97-0.40.920.90.880.950.920.940.550.950.790.130.950.810.940.730.740.930.890.810.940.770.830.970.92
0.99-0.510.990.870.850.990.980.940.540.970.83-0.060.980.850.990.730.680.870.980.761.00.70.790.990.77
0.56-0.250.520.670.680.610.520.550.540.690.540.340.630.590.490.90.480.630.620.720.510.630.720.570.61
0.98-0.460.960.880.860.970.940.950.970.690.790.050.980.840.960.810.690.880.960.790.960.710.820.980.81
0.85-0.480.80.930.940.880.890.790.830.540.790.080.820.910.780.780.80.890.870.90.850.860.90.850.78
0.01-0.16-0.150.220.240.06-0.120.13-0.060.340.050.080.1-0.11-0.120.260.150.19-0.070.26-0.080.460.250.010.34
0.99-0.560.960.90.870.990.940.950.980.630.980.820.10.790.960.80.650.890.960.810.970.770.840.980.82
0.85-0.230.840.880.880.860.910.810.850.590.840.91-0.110.790.840.730.860.880.880.80.880.690.80.860.74
0.98-0.451.00.840.810.970.970.940.990.490.960.78-0.120.960.840.680.660.850.960.70.990.640.730.980.76
0.76-0.430.710.860.860.80.720.730.730.90.810.780.260.80.730.680.560.820.790.890.710.850.890.770.78
0.710.010.650.720.740.720.770.740.680.480.690.80.150.650.860.660.560.730.70.680.730.680.690.730.69
0.9-0.440.840.990.980.910.870.930.870.630.880.890.190.890.880.850.820.730.850.910.870.850.910.910.95
0.97-0.520.980.870.860.980.980.890.980.620.960.87-0.070.960.880.960.790.70.850.790.980.710.820.970.73
0.8-0.540.720.940.950.830.780.810.760.720.790.90.260.810.80.70.890.680.910.790.750.881.00.810.89
0.99-0.450.990.870.850.980.990.941.00.510.960.85-0.080.970.880.990.710.730.870.980.750.690.780.990.77
0.75-0.40.640.890.90.790.710.770.70.630.710.860.460.770.690.640.850.680.850.710.880.690.880.750.86
0.83-0.550.750.940.950.860.810.830.790.720.820.90.250.840.80.730.890.690.910.821.00.780.880.830.89
1.0-0.470.980.90.880.990.980.970.990.570.980.850.010.980.860.980.770.730.910.970.810.990.750.830.84
0.83-0.350.730.920.920.830.760.920.770.610.810.780.340.820.740.760.780.690.950.730.890.770.860.890.84
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BrightGene Bio Account Relationship Matchups

BrightGene Bio fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B3.0B4.7B5.0B5.8B6.1B
Other Current Liab32.0M25.9M50.7M20.1M18.1M26.6M
Total Current Liabilities291.7M583.1M811.5M922.2M1.1B1.1B
Total Stockholder Equity1.4B1.7B2.2B2.4B2.7B1.4B
Net Tangible Assets1.3B1.4B1.6B2.1B2.4B1.2B
Retained Earnings345.5M555.1M743.4M830.4M955.0M1.0B
Accounts Payable79.6M211.9M252.2M228.2M262.4M275.5M
Cash339.5M336.8M1.2B998.0M1.1B1.2B
Non Current Assets Total881.4M2.0B2.7B3.2B3.7B3.9B
Non Currrent Assets Other628.5M115.9M300.9M233.3M268.3M184.6M
Other Assets56.8M223.3M161.5M351.7M404.5M424.7M
Net Receivables177.3M373.3M302.8M283.0M325.4M224.4M
Non Current Liabilities Total103.5M644.9M1.6B1.7B1.9B2.0B
Inventory203.2M200.1M280.4M344.6M396.3M416.1M
Other Current Assets39.6M73.3M95.4M65.2M75.0M49.4M
Total Liab395.2M1.2B2.4B2.6B3.0B3.2B
Deferred Long Term Liab22.9M33.0M25.8M26.9M30.9M26.2M
Total Current Assets946.4M993.0M1.9B1.8B2.1B1.1B
Intangible Assets48.8M80.8M81.6M93.7M107.7M113.1M
Property Plant Equipment244.7M452.5M1.4B2.1B2.4B2.5B
Net Invested Capital1.7B2.6B4.2B4.1B4.8B5.0B
Net Working Capital654.7M409.9M1.1B917.5M1.1B745.5M
Other Stockholder Equity(7.2M)(24.8M)(25.8M)17.8M20.4M21.5M
Property Plant And Equipment Net452.5M1.4B2.1B2.5B2.9B1.5B
Property Plant And Equipment Gross577.3M1.5B2.1B2.7B3.1B1.6B

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Other Information on Investing in BrightGene Stock

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