BridgeBio Short Long Term Debt vs Total Liab Analysis
BBIO Stock | USD 27.49 1.05 3.97% |
BridgeBio Pharma financial indicator trend analysis is way more than just evaluating BridgeBio Pharma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BridgeBio Pharma is a good investment. Please check the relationship between BridgeBio Pharma Short Long Term Debt and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BridgeBio Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in BridgeBio Stock, please use our How to Invest in BridgeBio Pharma guide.
Short Long Term Debt vs Total Liab
Short Long Term Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BridgeBio Pharma Short Long Term Debt account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BridgeBio Pharma's Short Long Term Debt and Total Liab is -0.41. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of BridgeBio Pharma, assuming nothing else is changed. The correlation between historical values of BridgeBio Pharma's Short Long Term Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of BridgeBio Pharma are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Long Term Debt i.e., BridgeBio Pharma's Short Long Term Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from BridgeBio Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BridgeBio Pharma 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 BridgeBio Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in BridgeBio Stock, please use our How to Invest in BridgeBio Pharma guide.At this time, BridgeBio Pharma's Issuance Of Capital Stock is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value is likely to grow to about 8.3 B, while Selling General Administrative is likely to drop about 123 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 5.8M | 6.8M | 6.5M | 4.2M | Total Operating Expenses | 646.3M | 546.1M | 614.2M | 443.3M |
BridgeBio Pharma fundamental ratios Correlations
Click cells to compare fundamentals
BridgeBio Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BridgeBio Pharma fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 631.7M | 703.6M | 1.0B | 623.0M | 546.4M | 641.2M | |
Other Current Liab | 4.1M | 81.5M | 118.2M | 98.0M | 118.8M | 70.1M | |
Total Current Liabilities | 52.4M | 91.9M | 130.1M | 117.8M | 143.8M | 90.7M | |
Total Stockholder Equity | 408.5M | 57.9M | (870.4M) | (1.3B) | (1.4B) | (1.3B) | |
Other Liab | 3.5M | 7.9M | 22.1M | 26.6M | 30.6M | 32.2M | |
Net Tangible Assets | 408.5M | 59.5M | (915.3M) | (1.3B) | (1.2B) | (1.1B) | |
Property Plant And Equipment Net | 5.6M | 36.8M | 46.0M | 25.2M | 19.8M | 21.3M | |
Net Debt | (264.0M) | 139.7M | 1.3B | 1.3B | 1.4B | 1.4B | |
Retained Earnings | (440.0M) | (888.8M) | (1.4B) | (1.9B) | (2.6B) | (2.4B) | |
Accounts Payable | 8.9M | 8.9M | 11.9M | 11.6M | 10.7M | 10.6M | |
Cash | 363.8M | 356.1M | 393.8M | 376.7M | 375.9M | 376.3M | |
Non Current Assets Total | 31.9M | 60.8M | 173.1M | 117.8M | 68.8M | 74.3M | |
Non Currrent Assets Other | (4.9M) | 21.3M | 33.0M | 20.2M | 22.6M | 14.8M | |
Other Assets | 26.3M | 23.9M | 33.0M | 140.8M | 161.9M | 170.0M | |
Cash And Short Term Investments | 577.1M | 607.1M | 787.5M | 428.3M | 434.9M | 528.5M | |
Common Stock Total Equity | 124K | 125K | 154K | 157K | 141.3K | 134.2K | |
Common Stock Shares Outstanding | 105.1M | 118.0M | 144.4M | 147.5M | 162.8M | 135.5M | |
Liabilities And Stockholders Equity | 631.7M | 703.6M | 1.0B | 623.0M | 546.4M | 641.2M | |
Non Current Liabilities Total | 103.3M | 503.8M | 1.7B | 1.8B | 1.7B | 1.0B | |
Other Current Assets | 22.6M | 71.3M | 32.4M | 59.9M | 41.0M | 36.2M | |
Other Stockholder Equity | 845.9M | 946.3M | 566.5M | 663.7M | 1.2B | 664.4M | |
Total Liab | 155.7M | 595.7M | 1.9B | 1.9B | 1.9B | 1.1B | |
Net Invested Capital | 500.2M | 535.2M | 833.4M | 453.0M | 372.5M | 397.1M | |
Property Plant And Equipment Gross | 5.6M | 36.8M | 46.0M | 25.2M | 19.8M | 21.3M | |
Total Current Assets | 599.8M | 642.8M | 839.7M | 505.2M | 477.6M | 566.9M | |
Accumulated Other Comprehensive Income | 254K | 192K | (132K) | (328K) | 31K | 32.6K | |
Non Current Liabilities Other | 3.5M | 24.2M | 39.5M | 26.6M | 9.4M | 16.3M | |
Net Working Capital | 508.2M | 547.2M | 709.6M | 387.4M | 333.7M | 469.5M | |
Common Stock | 124K | 125K | 154K | 157K | 181K | 172.0K | |
Property Plant Equipment | 5.6M | 20.3M | 46.0M | 14.6M | 16.8M | 16.2M | |
Short Long Term Debt Total | 99.8M | 495.8M | 1.7B | 1.7B | 1.7B | 1.1B | |
Long Term Debt | 91.8M | 475.9M | 1.7B | 1.7B | 1.7B | 1.1B | |
Long Term Debt Total | 91.8M | 475.9M | 1.7B | 1.7B | 2.0B | 2.1B | |
Capital Stock | 124K | 125K | 154K | 157K | 181K | 172.0K |
Pair Trading with BridgeBio Pharma
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BridgeBio Pharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BridgeBio Pharma will appreciate offsetting losses from the drop in the long position's value.Moving against BridgeBio Stock
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0.34 | OPT | Opthea | PairCorr |
The ability to find closely correlated positions to BridgeBio Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BridgeBio Pharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BridgeBio Pharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BridgeBio Pharma to buy it.
The correlation of BridgeBio Pharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BridgeBio Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BridgeBio Pharma moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BridgeBio Pharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BridgeBio Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in BridgeBio Stock, please use our How to Invest in BridgeBio Pharma guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BridgeBio Pharma. If investors know BridgeBio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BridgeBio Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.42) | Revenue Per Share 1.194 | Quarterly Revenue Growth (0.33) | Return On Assets (0.49) | Return On Equity (17.90) |
The market value of BridgeBio Pharma is measured differently than its book value, which is the value of BridgeBio that is recorded on the company's balance sheet. Investors also form their own opinion of BridgeBio Pharma's value that differs from its market value or its book value, called intrinsic value, which is BridgeBio Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BridgeBio Pharma's market value can be influenced by many factors that don't directly affect BridgeBio Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BridgeBio Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if BridgeBio Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BridgeBio Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.