Bioceres Interest Expense vs Net Income 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 Interest Expense and its Net Income 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.

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bioceres Crop Solutions Interest Expense account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bioceres Crop's Interest Expense and Net Income is 0.17. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income 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 Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Bioceres Crop Solutions are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Bioceres Crop's Interest Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bioceres Crop Solutions financial statement analysis. It represents the amount of money remaining after all of Bioceres Crop Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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

0.130.990.850.770.910.860.870.910.890.960.860.990.91-0.720.950.850.890.930.00.890.750.860.950.950.85
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
0.990.070.840.740.920.870.90.930.860.950.850.990.89-0.740.950.870.840.97-0.120.850.840.870.940.930.86
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
Click cells to compare fundamentals

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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