Bio Common Stock Shares Outstanding vs Total Stockholder Equity Analysis

BIO-B Stock  USD 336.00  3.36  0.99%   
Bio Rad financial indicator trend analysis is way more than just evaluating Bio Rad Laboratories prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bio Rad Laboratories is a good investment. Please check the relationship between Bio Rad Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Common Stock Shares Outstanding vs Total Stockholder Equity

Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bio Rad Laboratories Common Stock Shares Outstanding account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bio Rad's Common Stock Shares Outstanding and Total Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Bio Rad Laboratories, assuming nothing else is changed. The correlation between historical values of Bio Rad's Common Stock Shares Outstanding and Total Stockholder 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 Common Stock Shares Outstanding of Bio Rad Laboratories are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Bio Rad's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.
Most indicators from Bio Rad's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bio Rad Laboratories 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. 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 present, Bio Rad's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1 B, whereas Selling General Administrative is forecasted to decline to about 475.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.6M38.1M49.4M51.9M
Depreciation And Amortization176.9M177.2M145.9M153.2M

Bio Rad fundamental ratios Correlations

0.270.660.511.00.850.141.00.30.99-0.750.710.40.460.970.710.03-0.190.980.690.19-0.120.42-0.370.420.04
0.270.28-0.030.220.430.950.27-0.080.180.350.810.270.220.470.630.28-0.70.450.76-0.03-0.10.51-0.330.76-0.08
0.660.280.420.640.60.120.630.40.64-0.460.510.560.530.680.580.46-0.120.690.59-0.13-0.330.78-0.590.25-0.22
0.51-0.030.420.50.72-0.290.460.850.48-0.560.430.730.780.40.530.380.480.50.50.650.490.39-0.7-0.140.61
1.00.220.640.50.830.081.00.31.0-0.780.670.380.440.960.680.0-0.160.970.650.19-0.120.39-0.350.380.04
0.850.430.60.720.830.20.820.550.8-0.50.840.650.780.830.920.29-0.060.880.890.360.270.48-0.720.460.25
0.140.950.12-0.290.080.20.15-0.380.060.460.640.05-0.040.350.440.17-0.810.30.57-0.16-0.240.38-0.070.75-0.21
1.00.270.630.461.00.820.150.250.99-0.740.690.340.40.970.67-0.01-0.230.970.670.19-0.170.39-0.310.440.04
0.3-0.080.40.850.30.55-0.380.250.27-0.410.320.710.760.210.420.350.540.310.390.420.470.37-0.73-0.250.41
0.990.180.640.481.00.80.060.990.27-0.790.630.330.390.950.63-0.04-0.160.950.610.18-0.160.36-0.30.370.04
-0.750.35-0.46-0.56-0.78-0.50.46-0.74-0.41-0.79-0.2-0.3-0.33-0.61-0.240.07-0.39-0.64-0.2-0.20.04-0.190.190.27-0.11
0.710.810.510.430.670.840.640.690.320.63-0.20.550.570.810.890.26-0.390.820.970.20.070.59-0.580.620.1
0.40.270.560.730.380.650.050.340.710.33-0.30.550.880.40.710.760.320.460.670.050.470.76-0.88-0.020.03
0.460.220.530.780.440.78-0.040.40.760.39-0.330.570.880.420.80.640.390.50.720.170.610.54-0.970.040.14
0.970.470.680.40.960.830.350.970.210.95-0.610.810.40.420.760.07-0.350.990.780.1-0.20.51-0.370.54-0.05
0.710.630.580.530.680.920.440.670.420.63-0.240.890.710.80.760.46-0.180.790.970.110.30.57-0.780.570.02
0.030.280.460.380.00.290.17-0.010.35-0.040.070.260.760.640.070.460.20.110.43-0.140.270.63-0.7-0.03-0.11
-0.19-0.7-0.120.48-0.16-0.06-0.81-0.230.54-0.16-0.39-0.390.320.39-0.35-0.180.2-0.28-0.280.170.59-0.14-0.29-0.860.25
0.980.450.690.50.970.880.30.970.310.95-0.640.820.460.50.990.790.11-0.280.810.18-0.120.52-0.450.50.04
0.690.760.590.50.650.890.570.670.390.61-0.20.970.670.720.780.970.43-0.280.810.150.180.64-0.730.590.05
0.19-0.03-0.130.650.190.36-0.160.190.420.18-0.20.20.050.170.10.11-0.140.170.180.150.29-0.17-0.09-0.020.99
-0.12-0.1-0.330.49-0.120.27-0.24-0.170.47-0.160.040.070.470.61-0.20.30.270.59-0.120.180.29-0.13-0.52-0.220.35
0.420.510.780.390.390.480.380.390.370.36-0.190.590.760.540.510.570.63-0.140.520.64-0.17-0.13-0.640.21-0.23
-0.37-0.33-0.59-0.7-0.35-0.72-0.07-0.31-0.73-0.30.19-0.58-0.88-0.97-0.37-0.78-0.7-0.29-0.45-0.73-0.09-0.52-0.64-0.1-0.07
0.420.760.25-0.140.380.460.750.44-0.250.370.270.62-0.020.040.540.57-0.03-0.860.50.59-0.02-0.220.21-0.1-0.1
0.04-0.08-0.220.610.040.25-0.210.040.410.04-0.110.10.030.14-0.050.02-0.110.250.040.050.990.35-0.23-0.07-0.1
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Bio Rad Account Relationship Matchups

Bio Rad fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B13.0B17.8B13.5B12.3B12.9B
Short Long Term Debt Total439.8M14.1M11.0M1.2B1.4B1.5B
Other Current Liab158.5M354.0M404.9M312.2M302.0M317.1M
Total Current Liabilities905.5M631.5M680.9M568.7M522.8M338.4M
Total Stockholder Equity5.8B9.9B13.7B9.6B8.7B9.2B
Property Plant And Equipment Net701.2M693.5M695.8M679.6M723.7M759.9M
Net Debt(220.9M)(648.1M)(459.8M)764.0M1.0B1.1B
Retained Earnings5.5B9.3B13.5B9.9B9.3B9.7B
Cash660.7M662.2M470.8M434.2M404.0M257.1M
Non Current Assets Total5.8B10.8B15.8B10.3B9.3B9.7B
Non Currrent Assets Other(997.7B)(2.1T)(3.1T)(1.8T)96.4M101.2M
Cash And Short Term Investments1.1B996.7M875.5M1.8B1.6B1.7B
Net Receivables392.7M419.4M423.5M494.6M489.0M272.4M
Common Stock Shares Outstanding30.2M30.2M30.2M29.8M29.2M29.1M
Liabilities And Stockholders Equity8.0B13.0B17.8B13.5B12.3B12.9B
Non Current Liabilities Total1.3B2.5B3.4B3.3B3.0B3.2B
Inventory554.0M622.3M572.2M719.3M780.5M819.5M
Other Current Assets113.3M97.5M124.8M153.3M171.7M92.3M
Other Stockholder Equity371.6M329.5M335.4M183.9M(183.5M)(174.3M)
Total Liab2.3B3.1B4.1B3.9B3.6B3.7B
Total Current Assets2.2B2.1B2.0B3.2B3.0B3.2B
Accumulated Other Comprehensive Income(87.3M)282.5M(175.6M)(466.8M)(336.0M)(319.2M)
Short Term Debt426.2M38.3M36.9M36.8M40.4M33.9M
Accounts Payable287.1M139.5M141.9M135.0M144.6M116.6M
Intangible Assets145.5M199.5M253.9M332.1M320.5M188.7M
Current Deferred Revenue33.7M42.5M50.9M52.2M35.8B37.5B
Property Plant And Equipment Gross1.4T693.5M1.5B1.5B1.8B1.7B
Short Term Investments459.5M334.5M404.7M1.4B1.2B1.3B
Good Will264.1M291.9M347.3M406.5M413.6M419.6M
Net Tangible Assets5.3B9.9B13.3B9.2B10.6B5.4B
Long Term Debt13.6M12.3M10.5M1.2B1.2B1.3B
Retained Earnings Total Equity5.5B9.3B13.5B9.9B11.4B12.0B
Long Term Debt Total13.6M12.3M10.5M1.2B1.1B1.1B
Capital Surpluse410.0M429.4M441.7M447.5M514.6M384.1M
Deferred Long Term Liab997.8M2.1B3.1B1.8B2.0B2.1B
Treasury Stock(38.4M)(99.9M)(106.3M)(263.6M)(237.2M)(225.4M)
Non Current Liabilities Other160.9M372.1M358.1M349.5M195.1M216.0M
Accumulated Depreciation(882.8M)(961.4M)(997.6M)(1.0B)(908.5M)(953.9M)
Property Plant Equipment701.2M491.4M491.0M498.6M573.4M538.6M

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When determining whether Bio Rad Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Rad'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 Bio Rad Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Rad Laboratories Stock:
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Please note, there is a significant difference between Bio Rad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Rad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Rad'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.