Bausch Total Stockholder Equity vs Common Stock Total Equity Analysis

BHC Stock  CAD 11.95  0.10  0.84%   
Bausch Health financial indicator trend analysis is way more than just evaluating Bausch Health Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bausch Health Companies is a good investment. Please check the relationship between Bausch Health Total Stockholder Equity and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bausch Health Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Common Stock Total Equity

Total Stockholder Equity vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bausch Health Companies Total Stockholder Equity account and Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Bausch Health's Total Stockholder Equity and Common Stock Total Equity is 0.03. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Bausch Health Companies, assuming nothing else is changed. The correlation between historical values of Bausch Health's Total Stockholder Equity and Common Stock Total Equity 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 Stockholder Equity of Bausch Health Companies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Stockholder Equity i.e., Bausch Health's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Bausch Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bausch Health Companies 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 Bausch Health Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Bausch Health's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 232.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit6.0B5.8B6.2B6.5B
Total Revenue8.4B8.1B8.8B9.2B

Bausch Health fundamental ratios Correlations

0.880.720.720.40.570.88-0.20.330.310.990.140.310.860.740.930.45-0.260.920.140.630.310.860.580.81-0.46
0.880.880.890.050.821.0-0.550.640.370.870.40.360.920.680.980.59-0.380.980.470.730.430.660.820.85-0.65
0.720.880.97-0.190.830.86-0.690.60.440.670.250.430.740.630.810.75-0.370.850.560.790.530.350.750.81-0.61
0.720.890.97-0.190.850.87-0.70.710.580.670.280.570.770.620.820.69-0.380.870.590.830.620.380.820.8-0.63
0.40.05-0.19-0.19-0.270.070.72-0.38-0.120.45-0.44-0.120.20.230.17-0.260.190.11-0.61-0.15-0.220.73-0.210.030.16
0.570.820.830.85-0.270.82-0.810.910.270.520.520.270.830.60.750.72-0.40.780.820.780.360.240.960.8-0.57
0.881.00.860.870.070.82-0.520.630.290.880.40.290.930.670.990.6-0.370.980.470.70.370.680.820.84-0.63
-0.2-0.55-0.69-0.70.72-0.81-0.52-0.79-0.32-0.14-0.55-0.32-0.42-0.44-0.42-0.650.25-0.47-0.88-0.61-0.410.22-0.74-0.620.65
0.330.640.60.71-0.380.910.63-0.790.330.290.610.330.690.450.550.56-0.330.590.870.690.360.070.940.63-0.54
0.310.370.440.58-0.120.270.29-0.320.330.250.021.00.220.320.290.09-0.180.340.070.510.650.10.280.37-0.36
0.990.870.670.670.450.520.88-0.140.290.250.110.250.850.710.920.39-0.240.90.090.530.250.90.540.78-0.45
0.140.40.250.28-0.440.520.4-0.550.610.020.110.020.420.070.40.32-0.190.410.560.470.060.020.630.25-0.35
0.310.360.430.57-0.120.270.29-0.320.331.00.250.020.220.320.290.09-0.180.340.060.510.650.10.280.37-0.36
0.860.920.740.770.20.830.93-0.420.690.220.850.420.220.660.940.59-0.40.930.490.720.210.710.850.8-0.46
0.740.680.630.620.230.60.67-0.440.450.320.710.070.320.660.660.480.070.660.320.530.270.520.560.92-0.72
0.930.980.810.820.170.750.99-0.420.550.290.920.40.290.940.660.56-0.350.990.380.710.350.770.770.8-0.57
0.450.590.750.69-0.260.720.6-0.650.560.090.390.320.090.590.480.56-0.280.60.720.660.020.140.620.61-0.45
-0.26-0.38-0.37-0.380.19-0.4-0.370.25-0.33-0.18-0.24-0.19-0.18-0.40.07-0.35-0.28-0.36-0.29-0.34-0.17-0.09-0.38-0.2-0.12
0.920.980.850.870.110.780.98-0.470.590.340.90.410.340.930.660.990.6-0.360.430.790.410.720.80.81-0.58
0.140.470.560.59-0.610.820.47-0.880.870.070.090.560.060.490.320.380.72-0.290.430.590.14-0.20.780.51-0.48
0.630.730.790.83-0.150.780.7-0.610.690.510.530.470.510.720.530.710.66-0.340.790.590.540.320.80.66-0.49
0.310.430.530.62-0.220.360.37-0.410.360.650.250.060.650.210.270.350.02-0.170.410.140.540.090.410.34-0.38
0.860.660.350.380.730.240.680.220.070.10.90.020.10.710.520.770.14-0.090.72-0.20.320.090.320.5-0.25
0.580.820.750.82-0.210.960.82-0.740.940.280.540.630.280.850.560.770.62-0.380.80.780.80.410.320.75-0.58
0.810.850.810.80.030.80.84-0.620.630.370.780.250.370.80.920.80.61-0.20.810.510.660.340.50.75-0.71
-0.46-0.65-0.61-0.630.16-0.57-0.630.65-0.54-0.36-0.45-0.35-0.36-0.46-0.72-0.57-0.45-0.12-0.58-0.48-0.49-0.38-0.25-0.58-0.71
Click cells to compare fundamentals

Bausch Health Account Relationship Matchups

Bausch Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.9B31.2B29.2B25.7B27.4B14.9B
Short Long Term Debt Total25.9B25.2B22.7B20.8B22.4B23.5B
Other Current Liab4.3B4.6B4.6B2.9B3.0B3.2B
Total Current Liabilities6.2B4.9B5.2B3.9B4.3B4.5B
Total Stockholder Equity1.1B535M(106M)(692M)(1.0B)(970.9M)
Property Plant And Equipment Net1.5B1.6B1.6B1.6B1.9B2.0B
Net Debt22.7B23.3B22.1B20.2B21.4B22.5B
Retained Earnings(7.5B)(8.0B)(9.0B)(9.2B)(9.8B)(9.3B)
Accounts Payable503M337M407M521M719M755.0M
Cash3.2B605M582M564M947M502.0M
Non Current Assets Total26.9B25.9B23.6B21.4B21.8B12.7B
Non Currrent Assets Other411M664M340M326M2.2B2.3B
Cash And Short Term Investments3.2B605M582M564M947M505.3M
Net Receivables1.8B1.6B1.8B1.8B2.0B2.1B
Common Stock Shares Outstanding352.1M355M358.9M362.9M364.9M246.3M
Liabilities And Stockholders Equity33.9B31.2B29.2B25.7B27.4B14.9B
Non Current Liabilities Total26.5B25.7B24.0B21.5B23.1B24.3B
Other Current Assets780M855M2.3B803M1.1B1.2B
Other Stockholder Equity429M454M462M159M214M203.3M
Total Liab32.7B30.6B29.2B25.4B27.4B28.8B
Property Plant And Equipment Gross1.5B1.6B3.4B3.5B3.8B4.0B
Total Current Assets7.0B5.3B5.6B4.2B5.6B5.9B
Accumulated Other Comprehensive Income(2.1B)(2.1B)(1.9B)(2.1B)(1.9B)(1.8B)
Short Term Debt1.3B1.2B50M482M511M536.6M
Intangible Assets10.2B8.4B6.9B5.8B6.5B5.8B
Inventory1.1B1.1B993M1.1B1.5B1.6B
Common Stock Total Equity10.1B10.1B10.2B10.2B11.8B6.6B
Common Stock10.2B10.2B10.3B10.4B10.4B7.4B
Current Deferred Revenue2.7B167M2.4B2.1B2.4B2.5B
Good Will13.1B13.0B12.5B11.5B11.2B9.0B
Other Liab1.6B1.5B1.2B967M870.3M826.8M
Net Tangible Assets(22.3B)(21.0B)(19.5B)(18.0B)(20.7B)(21.8B)
Other Assets1.8B2.5B2.3B2.3B2.6B1.3B
Long Term Debt24.7B23.9B22.7B20.3B21.9B19.1B
Short Long Term Debt209M228M1.2B432M450M465.3M
Property Plant Equipment1.7B1.8B1.8B1.8B2.1B1.7B
Long Term Debt Total24.7B23.9B22.7B20.3B18.3B20.1B
Capital Surpluse429M454M462M159M143.1M135.9M
Non Current Liabilities Other1.1B1.2B855M949M1.0B805.4M

Pair Trading with Bausch Health

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 Bausch Health 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 Bausch Health will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bausch Stock

  0.75MNT Royal Canadian MintPairCorr
  0.77CYB CymbriaPairCorr
The ability to find closely correlated positions to Bausch Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bausch Health 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 Bausch Health - 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 Bausch Health Companies to buy it.
The correlation of Bausch Health 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 Bausch Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bausch Health Companies 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 Bausch Health 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.
Pair CorrelationCorrelation Matching
When determining whether Bausch Health Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bausch Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bausch Health Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bausch Health Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bausch Health Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Bausch Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bausch Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bausch Health'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.