Bioceres Cost Of Revenue vs Tax Provision Analysis

BIOX Stock  USD 6.59  0.46  7.50%   
Bioceres Crop financial indicator trend analysis is way more than just evaluating Bioceres Crop Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bioceres Crop Solutions is a good investment. Please check the relationship between Bioceres Crop Cost Of Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioceres Crop Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bioceres Crop Solutions Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bioceres Crop's Cost Of Revenue and Tax Provision is 0.22. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Bioceres Crop Solutions, assuming nothing else is changed. The correlation between historical values of Bioceres Crop's Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Bioceres Crop Solutions are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Bioceres Crop's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Bioceres Crop Solutions income statement and represents the costs associated with goods and services Bioceres Crop provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Bioceres Crop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bioceres Crop Solutions 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 Bioceres Crop Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Bioceres Crop's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 17.95 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
 2020 2021 2022 2023 (projected)
Gross Profit90.9M126.4M180.2M182.4M
Total Revenue206.7M328.5M419.4M464.8M

Bioceres Crop fundamental ratios Correlations

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0.130.07-0.150.61-0.03-0.190.230.060.090.070.240.150.09-0.560.3-0.16-0.08-0.110.02-0.08-0.09-0.18-0.1-0.11-0.19
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0.85-0.150.840.450.960.750.850.740.960.820.650.810.96-0.440.690.850.90.840.260.890.680.770.910.920.77
0.770.610.740.450.630.630.70.780.620.720.80.810.65-0.90.890.560.480.61-0.130.480.540.630.570.570.61
0.91-0.030.920.960.630.830.930.870.940.910.740.910.96-0.620.840.920.860.890.040.830.770.840.910.910.81
0.86-0.190.870.750.630.830.690.880.720.830.760.880.75-0.560.80.790.730.88-0.080.730.751.00.840.870.98
0.870.230.90.850.70.930.690.80.870.860.730.880.9-0.750.860.810.740.84-0.10.710.790.710.820.790.67
0.910.060.930.740.780.870.880.80.760.910.790.950.79-0.790.940.840.70.91-0.250.690.840.870.820.820.83
0.890.090.860.960.620.940.720.870.760.820.740.850.99-0.60.760.810.860.830.30.870.670.740.880.90.75
0.960.070.950.820.720.910.830.860.910.820.780.950.86-0.640.920.880.880.88-0.140.860.70.830.930.910.8
0.860.240.850.650.80.740.760.730.790.740.780.890.78-0.810.870.80.610.83-0.110.650.740.780.720.750.83
0.990.150.990.810.810.910.880.880.950.850.950.890.89-0.790.970.870.820.94-0.120.820.810.880.910.910.87
0.910.090.890.960.650.960.750.90.790.990.860.780.89-0.620.80.860.870.850.230.870.690.770.90.910.78
-0.72-0.56-0.74-0.44-0.9-0.62-0.56-0.75-0.79-0.6-0.64-0.81-0.79-0.62-0.87-0.57-0.34-0.680.32-0.35-0.75-0.57-0.49-0.49-0.55
0.950.30.950.690.890.840.80.860.940.760.920.870.970.8-0.870.80.720.88-0.240.710.780.810.830.810.78
0.85-0.160.870.850.560.920.790.810.840.810.880.80.870.86-0.570.80.770.88-0.170.750.770.810.840.840.81
0.89-0.080.840.90.480.860.730.740.70.860.880.610.820.87-0.340.720.770.780.270.990.490.730.960.960.73
0.93-0.110.970.840.610.890.880.840.910.830.880.830.940.85-0.680.880.880.78-0.150.790.920.890.910.90.89
0.00.02-0.120.26-0.130.04-0.08-0.1-0.250.3-0.14-0.11-0.120.230.32-0.24-0.170.27-0.150.31-0.37-0.060.110.170.01
0.89-0.080.850.890.480.830.730.710.690.870.860.650.820.87-0.350.710.750.990.790.310.50.740.960.970.76
0.75-0.090.840.680.540.770.750.790.840.670.70.740.810.69-0.750.780.770.490.92-0.370.50.760.680.670.74
0.86-0.180.870.770.630.841.00.710.870.740.830.780.880.77-0.570.810.810.730.89-0.060.740.760.850.880.99
0.95-0.10.940.910.570.910.840.820.820.880.930.720.910.9-0.490.830.840.960.910.110.960.680.850.990.84
0.95-0.110.930.920.570.910.870.790.820.90.910.750.910.91-0.490.810.840.960.90.170.970.670.880.990.88
0.85-0.190.860.770.610.810.980.670.830.750.80.830.870.78-0.550.780.810.730.890.010.760.740.990.840.88
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Bioceres Crop Account Relationship Matchups

Bioceres Crop fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets297.6M394.6M518.2M818.1M850.6M437.4M
Other Current Liab9.6M4.9M10.8M12.0M13.3M12.3M
Total Current Liabilities130.6M168.0M222.7M298.7M329.5M178.7M
Total Stockholder Equity46.2M67.7M127.6M298.8M314.3M330.0M
Other Liab21.5M39.4M40.2M42.9M49.4M33.6M
Accounts Payable53.8M69.3M124.5M146.3M162.0M170.1M
Cash42.5M36.0M33.5M48.1M44.5M26.2M
Other Assets4.4M5.7M6.5M13.5M15.5M16.3M
Long Term Debt96.7M86.7M135.9M135.9M122.9M89.4M
Good Will25.5M28.8M36.1M112.2M112.3M118.0M
Inventory30.3M63.4M126.1M140.6M126.2M69.2M
Other Current Assets4.9M12.6M4.9M11.2M10.2M7.3M
Total Liab236.8M304.3M359.9M487.6M501.1M294.0M
Intangible Assets35.3M67.3M76.7M173.8M174.8M183.5M
Property Plant Equipment42.6M49.3M62.1M81.8M94.1M51.3M
Net Tangible Assets(14.7M)(28.4M)14.6M12.6M14.5M15.3M
Property Plant And Equipment Net42.6M49.3M62.1M81.8M86.2M62.2M
Net Debt106.6M138.5M136.3M209.3M226.5M138.1M
Retained Earnings(18.6M)(25.5M)(32.7M)(13.9M)(10.7M)(11.2M)
Non Current Assets Total132.9M183.1M220.5M420.9M442.0M247.7M
Non Currrent Assets Other1.7M2.7M2.5M6.2M18.5M19.5M
Cash And Short Term Investments51.6M46.8M38.6M60.1M56.2M35.9M
Net Receivables78.0M88.8M128.1M185.3M216.0M119.1M
Common Stock Shares Outstanding36.4M39.2M42.3M63.2M63.5M45.6M
Short Term Investments9.0M10.7M5.1M11.9M11.7M6.7M
Liabilities And Stockholders Equity297.6M394.6M518.2M818.1M850.6M456.2M
Non Current Liabilities Total106.2M136.3M137.3M188.9M171.6M122.3M
Capital Lease Obligations1.1M11.8M13.9M13.9M11.3M7.4M
Other Stockholder Equity100.6M116.2M158.1M311.4M295.8M159.7M
Long Term Investments31.7M39.2M40.3M39.7M40.4M36.9M
Property Plant And Equipment Gross49.3M87.3M114.8M107.6M86.2M72.6M
Short Long Term Debt73.8M78.6M108.9M107.6M136.7M88.0M
Total Current Assets164.7M211.5M297.7M397.1M408.7M240.8M
Accumulated Other Comprehensive Income(35.8M)(27.4M)2.0M1.1M29.1M30.5M
Non Current Liabilities Other13.1M14.1M8.5M3.6M2.5M2.4M
Short Term Debt64.4M77.5M72.7M111.5M139.9M82.2M
Short Long Term Debt Total149.1M174.6M169.8M257.4M270.9M191.1M

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