Banka Inventory vs Non Currrent Assets Other Analysis

BANKA Stock   108.86  2.02  1.89%   
Banka BioLoo financial indicator trend analysis is way more than just evaluating Banka BioLoo Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banka BioLoo Limited is a good investment. Please check the relationship between Banka BioLoo Inventory and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banka BioLoo Limited. 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.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banka BioLoo Limited Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Banka BioLoo's Inventory and Non Currrent Assets Other is 0.43. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Banka BioLoo Limited, assuming nothing else is changed. The correlation between historical values of Banka BioLoo's Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Banka BioLoo Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Banka BioLoo's Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Banka BioLoo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banka BioLoo Limited 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 Banka BioLoo Limited. 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 the 26th of November 2024, Selling General Administrative is likely to grow to about 64.6 M, while Tax Provision is likely to drop about 1 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.3M15.0M25.4M26.7M
Depreciation And Amortization9.4M14.8M21.9M23.0M

Banka BioLoo fundamental ratios Correlations

0.960.960.970.90.90.490.950.990.820.240.950.430.570.410.290.950.810.970.690.970.910.930.190.970.22
0.960.950.990.790.950.351.00.940.80.040.950.340.430.280.260.980.760.940.511.00.820.970.290.930.16
0.960.950.970.80.950.350.940.930.740.090.970.310.450.220.330.920.690.940.620.960.790.920.130.890.2
0.970.990.970.790.970.370.990.940.810.050.970.370.410.270.240.950.740.930.550.990.810.980.240.920.13
0.90.790.80.790.680.680.760.920.820.450.780.520.680.580.270.780.870.890.810.80.980.740.140.890.3
0.90.950.950.970.680.20.950.870.660.010.970.410.330.130.130.890.620.840.430.950.680.980.310.87-0.04
0.490.350.350.370.680.20.330.580.570.250.350.150.180.740.290.350.680.580.480.370.660.290.030.460.42
0.951.00.940.990.760.950.330.920.8-0.030.940.30.390.250.270.980.750.920.470.990.80.970.30.910.17
0.990.940.930.940.920.870.580.920.810.250.930.410.510.480.30.930.850.980.640.950.910.90.260.970.24
0.820.80.740.810.820.660.570.80.810.070.720.210.420.490.390.820.810.830.560.820.880.730.10.740.39
0.240.040.090.050.450.010.25-0.030.250.070.120.710.70.42-0.210.050.220.170.580.050.360.05-0.150.35-0.14
0.950.950.970.970.780.970.350.940.930.720.120.40.420.330.270.90.650.90.560.960.760.940.210.90.1
0.430.340.310.370.520.410.150.30.410.210.710.40.490.19-0.60.240.430.290.40.330.450.480.330.58-0.58
0.570.430.450.410.680.330.180.390.510.420.70.420.490.40.230.490.40.470.860.440.660.35-0.260.570.3
0.410.280.220.270.580.130.740.250.480.490.420.330.190.40.440.320.40.40.460.290.530.18-0.070.380.46
0.290.260.330.240.270.130.290.270.30.39-0.210.27-0.60.230.440.380.080.370.360.290.290.05-0.420.10.93
0.950.980.920.950.780.890.350.980.930.820.050.90.240.490.320.380.750.940.530.980.830.90.240.90.3
0.810.760.690.740.870.620.680.750.850.810.220.650.430.40.40.080.750.850.510.750.920.730.440.850.17
0.970.940.940.930.890.840.580.920.980.830.170.90.290.470.40.370.940.850.630.950.910.870.210.930.32
0.690.510.620.550.810.430.480.470.640.560.580.560.40.860.460.360.530.510.630.550.760.45-0.420.620.43
0.971.00.960.990.80.950.370.990.950.820.050.960.330.440.290.290.980.750.950.550.830.960.240.930.19
0.910.820.790.810.980.680.660.80.910.880.360.760.450.660.530.290.830.920.910.760.830.750.170.890.34
0.930.970.920.980.740.980.290.970.90.730.050.940.480.350.180.050.90.730.870.450.960.750.370.92-0.06
0.190.290.130.240.140.310.030.30.260.1-0.150.210.33-0.26-0.07-0.420.240.440.21-0.420.240.170.370.35-0.46
0.970.930.890.920.890.870.460.910.970.740.350.90.580.570.380.10.90.850.930.620.930.890.920.350.06
0.220.160.20.130.3-0.040.420.170.240.39-0.140.1-0.580.30.460.930.30.170.320.430.190.34-0.06-0.460.06
Click cells to compare fundamentals

Banka BioLoo Account Relationship Matchups

Banka BioLoo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets467.7M463.7M640.5M652.1M774.2M812.9M
Short Long Term Debt Total115.9M117.0M185.0M167.2M259.1M272.1M
Other Current Liab35.3M17.8M41.1M45.1M69.0M72.4M
Total Current Liabilities108.1M91.9M171.5M185.4M253.5M266.2M
Total Stockholder Equity279.0M300.3M375.0M401.0M397.2M206.9M
Property Plant And Equipment Net40.0M49.6M87.7M137.1M214.7M225.5M
Current Deferred Revenue22.6M14.9M29.3M40.7M99K94.1K
Net Debt113.5M98.8M181.8M158.7M256.0M268.8M
Retained Earnings128.7M148.6M179.6M205.0M200.8M210.8M
Accounts Payable32.0M24.9M36.6M31.5M39.3M23.9M
Cash2.4M18.1M3.2M8.4M3.1M3.0M
Non Current Assets Total122.3M103.6M114.8M237.2M280.8M294.9M
Non Currrent Assets Other(40.2M)52.4M21.8M55.6M46.2M23.3M
Cash And Short Term Investments43.3M43.4M29.1M13.4M43.8M26.1M
Net Receivables264.2M233.9M50.2M306.9M27.0M25.6M
Liabilities And Stockholders Equity467.7M463.7M640.5M652.1M774.2M812.9M
Non Current Liabilities Total80.7M71.5M94.0M65.7M123.1M129.3M
Inventory37.6M80.3M134.1M87.2M82.6M48.0M
Other Current Assets268.4M236.4M383.4M314.2M366.9M385.3M
Total Liab188.8M163.4M265.5M251.1M376.6M395.4M
Total Current Assets345.4M360.1M525.8M414.8M493.4M255.8M
Short Term Debt19.9M48.8M93.9M106.5M145.3M152.5M
Intangible Assets248.4K1.2M1.0M982K1.1M841.8K
Long Term Debt74.1M58.7M74.3M49.4M109.1M114.6M
Long Term Debt Total75.3M68.2M91.1M60.7M69.8M50.5M
Property Plant Equipment40.0M49.6M87.7M137.0M157.6M165.4M
Cash And Equivalents43.3M18.1M3.2M17.5M15.7M23.2M
Other Liab5.6M3.3M2.9M5.0M5.8M3.8M
Net Tangible Assets278.8M299.0M370.8M396.9M456.4M318.7M
Short Term Investments40.9M25.2M25.9M5M13.8M21.0M
Net Invested Capital394.9M406.1M502.3M551.3M645.1M465.3M
Short Long Term Debt40.7M47.1M53.0M101.0M138.7M145.7M
Net Working Capital237.4M268.1M354.2M229.5M239.9M258.0M

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Other Information on Investing in Banka Stock

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