Bausch Other Current Assets vs Total Current Assets Analysis

BHC Stock  USD 7.95  0.02  0.25%   
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 Other Current Assets and its Total Current Assets 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 rate.

Other Current Assets vs Total Current Assets

Other Current Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bausch Health Companies Other Current Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bausch Health's Other Current Assets and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Assets 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 Other Current Assets and Total Current 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 Other Current Assets of Bausch Health Companies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Assets i.e., Bausch Health's Other Current Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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.
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 rate.
At present, Bausch Health's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.31, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit6.0B5.8B6.2B6.5B
Total Revenue8.4B8.1B8.8B9.2B

Bausch Health fundamental ratios Correlations

0.880.570.720.40.620.88-0.20.330.310.990.470.310.860.740.930.530.630.920.140.630.280.860.580.8-0.15
0.880.730.890.050.851.0-0.540.640.370.870.450.370.920.670.980.80.630.980.470.730.370.660.830.850.19
0.570.730.74-0.280.770.74-0.690.550.050.550.340.050.650.530.710.70.530.720.610.60.070.280.680.690.25
0.720.890.74-0.190.870.87-0.70.710.580.670.20.570.760.630.820.830.660.870.590.830.540.380.820.810.45
0.40.05-0.28-0.19-0.220.070.72-0.38-0.120.45-0.03-0.120.210.240.17-0.310.180.11-0.61-0.15-0.10.73-0.210.01-0.67
0.620.850.770.87-0.220.85-0.780.860.280.580.210.280.850.650.780.890.460.810.790.790.290.290.940.860.5
0.881.00.740.870.070.85-0.520.630.290.880.460.290.930.670.990.80.620.980.470.70.320.680.820.850.17
-0.2-0.54-0.69-0.70.72-0.78-0.52-0.79-0.32-0.14-0.19-0.32-0.41-0.43-0.42-0.74-0.31-0.47-0.88-0.61-0.280.22-0.74-0.64-0.63
0.330.640.550.71-0.380.860.63-0.790.330.290.020.330.680.450.550.880.150.590.870.690.490.070.940.660.53
0.310.370.050.58-0.120.280.29-0.320.330.250.041.00.220.320.290.240.420.340.070.510.780.10.280.370.22
0.990.870.550.670.450.580.88-0.140.290.250.460.250.850.720.920.50.620.90.090.530.240.90.540.77-0.18
0.470.450.340.2-0.030.210.46-0.190.020.040.460.040.40.240.530.180.270.50.020.32-0.180.40.210.3-0.32
0.310.370.050.57-0.120.280.29-0.320.331.00.250.040.210.320.290.230.420.340.060.510.780.10.280.370.22
0.860.920.650.760.210.850.93-0.410.680.220.850.40.210.660.940.760.440.930.480.710.280.710.850.80.08
0.740.670.530.630.240.650.67-0.430.450.320.720.240.320.660.660.490.70.660.320.530.20.520.560.91-0.05
0.930.980.710.820.170.780.99-0.420.550.290.920.530.290.940.660.730.590.990.380.710.320.770.770.80.03
0.530.80.70.83-0.310.890.8-0.740.880.240.50.180.230.760.490.730.350.760.760.730.370.240.930.730.53
0.630.630.530.660.180.460.62-0.310.150.420.620.270.420.440.70.590.350.60.050.420.090.450.320.650.06
0.920.980.720.870.110.810.98-0.470.590.340.90.50.340.930.660.990.760.60.430.790.370.720.80.810.08
0.140.470.610.59-0.610.790.47-0.880.870.070.090.020.060.480.320.380.760.050.430.590.21-0.20.780.550.62
0.630.730.60.83-0.150.790.7-0.610.690.510.530.320.510.710.530.710.730.420.790.590.480.320.80.670.25
0.280.370.070.54-0.10.290.32-0.280.490.780.24-0.180.780.280.20.320.370.090.370.210.480.190.410.270.14
0.860.660.280.380.730.290.680.220.070.10.90.40.10.710.520.770.240.450.72-0.20.320.190.320.48-0.5
0.580.830.680.82-0.210.940.82-0.740.940.280.540.210.280.850.560.770.930.320.80.780.80.410.320.780.42
0.80.850.690.810.010.860.85-0.640.660.370.770.30.370.80.910.80.730.650.810.550.670.270.480.780.24
-0.150.190.250.45-0.670.50.17-0.630.530.22-0.18-0.320.220.08-0.050.030.530.060.080.620.250.14-0.50.420.24
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 Total25.9B24.0B22.7B20.8B22.4B23.5B
Other Current Liab2.1B4.6B4.8B2.9B3.0B3.2B
Total Current Liabilities6.2B4.9B5.2B3.9B4.3B4.5B
Total Stockholder Equity1.1B535M(106M)(692M)(1.0B)(970.9M)
Property Plant And Equipment Net1.5B1.6B1.6B1.6B1.7B1.8B
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
Cash3.2B605M582M564M947M502.7M
Non Current Assets Total26.9B25.9B23.6B21.4B21.8B12.7B
Non Currrent Assets Other411M664M340M326M307M236.2M
Cash And Short Term Investments3.2B605M582M564M947M506.0M
Net Receivables1.8B1.6B1.8B1.8B2.0B2.1B
Common Stock Shares Outstanding352.1M355M358.9M362M364.9M246.3M
Liabilities And Stockholders Equity33.9B31.2B29.2B25.7B27.4B14.9B
Non Current Liabilities Total26.5B25.7B24.0B21.5B23.1B24.3B
Other Current Assets779M855M720M803M1.1B1.2B
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 Debt1.2B52M49.9M482M511M536.6M
Intangible Assets10.2B8.4B6.9B5.8B6.5B5.8B
Inventory1.1B1.1B993M1.1B1.5B1.6B
Common Stock Total Equity10.2B10.2B10.3B10.4B11.9B7.0B
Common Stock10.2B10.2B10.3B10.4B10.4B6.1B
Other Liab1.6B1.5B1.2B967M1.1B1.3B
Current Deferred Revenue2.4B(52M)(49.9M)2.1B2.4B2.5B
Other Assets1.8B2.8B2.3B2.3B2.6B2.7B
Long Term Debt24.7B23.9B22.7B20.3B21.9B14.0B
Good Will13.1B13.0B12.5B11.5B11.2B7.2B
Property Plant Equipment1.5B1.6B1.6B1.8B2.1B2.2B
Net Tangible Assets(22.3B)(21.0B)(19.5B)(18.0B)(16.2B)(17.0B)
Noncontrolling Interest In Consolidated Entity73M70M72M952M1.1B1.1B
Retained Earnings Total Equity(7.5B)(8.0B)(9.0B)(9.2B)(8.3B)(7.9B)
Long Term Debt Total24.7B23.9B22.7B20.3B23.4B21.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 rate.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Pharmaceuticals 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 Bausch Health. If investors know Bausch 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 Bausch Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Earnings Share
(0.48)
Revenue Per Share
25.794
Quarterly Revenue Growth
0.122
Return On Assets
0.0415
The market value of Bausch Health Companies is measured differently than its book value, which is the value of Bausch that is recorded on the company's balance sheet. Investors also form their own opinion of Bausch Health's value that differs from its market value or its book value, called intrinsic value, which is Bausch Health'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 Bausch Health's market value can be influenced by many factors that don't directly affect Bausch Health'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 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.