Biogen Net Invested Capital vs Treasury Stock Analysis

BIIB Stock  USD 137.33  1.12  0.81%   
Biogen financial indicator trend analysis is way more than just evaluating Biogen Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biogen Inc is a good investment. Please check the relationship between Biogen Net Invested Capital and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biogen Inc. 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.

Net Invested Capital vs Treasury Stock

Net Invested Capital vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biogen Inc Net Invested Capital account and Treasury Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Biogen's Net Invested Capital and Treasury Stock is 0.08. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Biogen Inc, assuming nothing else is changed. The correlation between historical values of Biogen's Net Invested Capital and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Biogen Inc are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Invested Capital i.e., Biogen's Net Invested Capital and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Treasury Stock

Most indicators from Biogen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biogen Inc 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 Biogen Inc. 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.
At present, Biogen's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 17.39, whereas Tax Provision is forecasted to decline to about 260.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit7.9B7.3B9.7B10.2B
Total Revenue10.2B9.8B9.7B10.2B

Biogen fundamental ratios Correlations

0.910.960.930.940.960.820.980.770.99-0.580.570.77-0.740.790.5-0.810.950.870.930.620.89-0.790.16-0.790.56
0.910.870.810.730.890.960.890.70.88-0.730.60.76-0.660.90.43-0.920.970.760.890.430.84-0.630.28-0.630.41
0.960.870.870.860.890.780.940.740.93-0.590.660.79-0.690.820.49-0.810.940.720.920.50.83-0.760.33-0.760.47
0.930.810.870.90.870.690.920.790.94-0.520.440.56-0.610.60.35-0.710.850.880.810.70.86-0.69-0.03-0.690.74
0.940.730.860.90.860.620.950.730.94-0.390.410.61-0.70.550.51-0.610.780.90.840.770.78-0.81-0.02-0.810.58
0.960.890.890.870.860.810.910.720.95-0.510.540.84-0.810.810.45-0.750.940.850.880.480.95-0.780.15-0.780.54
0.820.960.780.690.620.810.790.470.81-0.710.450.72-0.590.890.36-0.880.910.70.750.410.72-0.550.26-0.550.32
0.980.890.940.920.950.910.790.780.97-0.620.530.71-0.670.730.47-0.830.910.880.920.670.83-0.720.11-0.720.56
0.770.70.740.790.730.720.470.780.69-0.490.740.55-0.560.560.42-0.670.720.580.870.310.79-0.560.2-0.560.47
0.990.880.930.940.940.950.810.970.69-0.560.440.72-0.710.740.45-0.770.920.920.860.70.86-0.760.04-0.760.62
-0.58-0.73-0.59-0.52-0.39-0.51-0.71-0.62-0.49-0.56-0.37-0.460.17-0.66-0.150.87-0.69-0.47-0.56-0.29-0.490.08-0.140.08-0.28
0.570.60.660.440.410.540.450.530.740.44-0.370.65-0.560.710.47-0.60.640.140.81-0.160.6-0.550.79-0.550.12
0.770.760.790.560.610.840.720.710.550.72-0.460.65-0.840.910.34-0.720.830.520.80.130.81-0.640.38-0.640.13
-0.74-0.66-0.69-0.61-0.7-0.81-0.59-0.67-0.56-0.710.17-0.56-0.84-0.72-0.460.45-0.71-0.6-0.74-0.31-0.790.85-0.220.85-0.22
0.790.90.820.60.550.810.890.730.560.74-0.660.710.91-0.720.39-0.870.920.510.820.130.77-0.570.51-0.570.22
0.50.430.490.350.510.450.360.470.420.45-0.150.470.34-0.460.39-0.260.430.380.550.250.38-0.610.33-0.610.11
-0.81-0.92-0.81-0.71-0.61-0.75-0.88-0.83-0.67-0.770.87-0.6-0.720.45-0.87-0.26-0.91-0.61-0.82-0.31-0.720.37-0.310.37-0.38
0.950.970.940.850.780.940.910.910.720.92-0.690.640.83-0.710.920.43-0.910.750.910.420.89-0.690.31-0.690.48
0.870.760.720.880.90.850.70.880.580.92-0.470.140.52-0.60.510.38-0.610.750.670.830.75-0.63-0.3-0.630.65
0.930.890.920.810.840.880.750.920.870.86-0.560.810.8-0.740.820.55-0.820.910.670.380.86-0.770.41-0.770.39
0.620.430.50.70.770.480.410.670.310.7-0.29-0.160.13-0.310.130.25-0.310.420.830.380.36-0.48-0.49-0.480.52
0.890.840.830.860.780.950.720.830.790.86-0.490.60.81-0.790.770.38-0.720.890.750.860.36-0.720.16-0.720.54
-0.79-0.63-0.76-0.69-0.81-0.78-0.55-0.72-0.56-0.760.08-0.55-0.640.85-0.57-0.610.37-0.69-0.63-0.77-0.48-0.72-0.31.0-0.32
0.160.280.33-0.03-0.020.150.260.110.20.04-0.140.790.38-0.220.510.33-0.310.31-0.30.41-0.490.16-0.3-0.3-0.19
-0.79-0.63-0.76-0.69-0.81-0.78-0.55-0.72-0.56-0.760.08-0.55-0.640.85-0.57-0.610.37-0.69-0.63-0.77-0.48-0.721.0-0.3-0.32
0.560.410.470.740.580.540.320.560.470.62-0.280.120.13-0.220.220.11-0.380.480.650.390.520.54-0.32-0.19-0.32
Click cells to compare fundamentals

Biogen Account Relationship Matchups

Biogen fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.6B23.9B24.6B26.8B28.0B29.5B
Short Long Term Debt Total7.8B7.6B6.6B7.3B6.6B7.0B
Other Current Liab3.1B2.4B2.4B2.5B2.8B2.9B
Total Current Liabilities3.7B4.3B3.3B3.4B5.5B5.8B
Total Stockholder Equity10.7B11.0B13.4B14.8B16.7B17.6B
Property Plant And Equipment Net3.8B3.8B3.7B3.7B3.5B3.7B
Net Debt6.5B5.3B3.2B6.3B4.3B4.5B
Retained Earnings14.0B13.9B16.5B17.6B19.3B20.2B
Cash1.3B2.3B3.4B1.0B2.4B2.5B
Non Current Assets Total17.7B16.0B14.8B20.0B20.6B21.6B
Non Currrent Assets Other(1.4B)1.9B1.5B284.3M560.5M532.5M
Cash And Short Term Investments2.6B3.8B4.9B1.0B2.4B1.5B
Net Receivables2.3B2.0B2.1B2.1B1.4B743.7M
Common Stock Shares Outstanding161.3M149.6M146M145.6M145.9M278.8M
Liabilities And Stockholders Equity24.6B23.9B24.6B26.8B28.0B29.5B
Non Current Liabilities Total10.2B8.6B7.9B8.6B5.8B3.2B
Other Current Assets881.1M740.8M1.4B1.2B1.2B1.3B
Other Stockholder Equity(3.0B)(2.9B)(2.9B)(2.7B)(2.4B)(2.3B)
Total Liab13.9B12.9B11.2B12.0B11.3B11.9B
Property Plant And Equipment Gross3.8B3.8B3.7B6.1B6.2B6.5B
Total Current Assets6.9B7.9B9.8B6.9B7.5B7.8B
Accumulated Other Comprehensive Income(299M)(106.7M)(164.9M)(153.7M)(136.2M)(129.4M)
Intangible Assets3.1B2.2B1.9B8.4B9.7B10.2B
Accounts Payable454.9M589.2M491.5M403.3M424.2M445.4M
Short Term Investments2.3B1.6B1.3B1.5B1.5B0.0
Short Term Debt83.2M1.1B97.2M240.3M1.7B1.8B
Inventory1.1B1.4B1.3B2.5B2.5B2.6B
Other Liab4.2B2.4B2.0B1.3B1.5B969.6M
Other Assets3.2B4.2B3.4B1.7B1.9B2.0B
Long Term Debt7.4B6.3B6.3B6.8B4.5B3.0B
Property Plant Equipment3.2B3.4B3.4B3.3B3.8B2.1B
Current Deferred Revenue(83.2M)(589.2M)(97.2M)3M2.7M2.8M
Good Will5.8B5.8B5.7B6.2B6.5B3.3B
Net Tangible Assets4.1B1.9B2.9B5.8B6.7B4.1B
Noncontrolling Interest In Consolidated Entity(4.1M)(14.2M)63.5M(9.5M)(8.6M)(8.1M)
Retained Earnings Total Equity16.5B14.0B13.9B16.5B18.9B11.5B

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When determining whether Biogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biogen'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 Biogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biogen Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biogen Inc. 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.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Biogen. If investors know Biogen 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 Biogen 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
0.063
Earnings Share
11.18
Revenue Per Share
66.455
Quarterly Revenue Growth
0.029
Return On Assets
0.0529
The market value of Biogen Inc is measured differently than its book value, which is the value of Biogen that is recorded on the company's balance sheet. Investors also form their own opinion of Biogen's value that differs from its market value or its book value, called intrinsic value, which is Biogen'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 Biogen's market value can be influenced by many factors that don't directly affect Biogen'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 Biogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biogen'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.