BioLineRx Total Current Liabilities vs Intangible Assets Analysis

BLRX Stock  USD 0.27  0.01  3.57%   
BioLineRx financial indicator trend analysis is way more than just evaluating BioLineRx prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BioLineRx is a good investment. Please check the relationship between BioLineRx Total Current Liabilities and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioLineRx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy BioLineRx Stock please use our How to Invest in BioLineRx guide.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioLineRx Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between BioLineRx's Total Current Liabilities and Intangible Assets is 0.38. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of BioLineRx, assuming nothing else is changed. The correlation between historical values of BioLineRx's Total Current Liabilities and Intangible 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 Total Current Liabilities of BioLineRx are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., BioLineRx's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on BioLineRx balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BioLineRx are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from BioLineRx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BioLineRx 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 BioLineRx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy BioLineRx Stock please use our How to Invest in BioLineRx guide.At this time, BioLineRx's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 22.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.05) in 2024.

BioLineRx fundamental ratios Correlations

-0.040.390.67-0.140.56-0.14-0.50.790.660.740.170.410.740.660.650.610.630.650.51-0.740.750.010.830.00.71
-0.040.54-0.420.010.280.60.430.040.39-0.35-0.440.48-0.070.39-0.370.21-0.470.420.04-0.15-0.09-0.24-0.190.380.25
0.390.54-0.380.10.92-0.12-0.280.430.860.19-0.20.970.380.850.310.740.20.790.64-0.810.390.040.230.040.78
0.67-0.42-0.38-0.37-0.19-0.03-0.240.34-0.030.630.4-0.390.31-0.030.36-0.080.430.05-0.01-0.030.32-0.130.71-0.050.02
-0.140.010.1-0.370.150.23-0.030.00.11-0.45-0.20.250.270.14-0.040.17-0.03-0.05-0.28-0.240.250.45-0.34-0.450.37
0.560.280.92-0.190.15-0.24-0.430.610.860.3-0.140.940.630.860.510.870.440.760.7-0.910.650.230.320.020.87
-0.140.6-0.12-0.030.23-0.240.69-0.18-0.13-0.59-0.25-0.14-0.12-0.11-0.37-0.21-0.37-0.09-0.550.28-0.140.06-0.310.12-0.09
-0.50.43-0.28-0.24-0.03-0.430.69-0.43-0.4-0.6-0.14-0.33-0.49-0.4-0.59-0.47-0.6-0.33-0.630.55-0.5-0.18-0.460.18-0.49
0.790.040.430.340.00.61-0.18-0.430.670.41-0.320.520.90.670.460.810.440.650.58-0.760.880.140.450.190.71
0.660.390.86-0.030.110.86-0.13-0.40.670.44-0.210.880.541.00.330.780.260.970.58-0.920.54-0.110.54-0.110.92
0.74-0.350.190.63-0.450.3-0.59-0.60.410.440.480.150.250.430.510.230.490.490.49-0.470.27-0.350.94-0.160.35
0.17-0.44-0.20.4-0.2-0.14-0.25-0.14-0.32-0.210.48-0.25-0.23-0.210.32-0.320.33-0.21-0.060.14-0.19-0.170.45-0.14-0.2
0.410.480.97-0.390.250.94-0.14-0.330.520.880.15-0.250.50.880.340.850.250.770.66-0.870.510.130.190.030.85
0.74-0.070.380.310.270.63-0.12-0.490.90.540.25-0.230.50.550.610.820.610.430.5-0.751.00.480.290.090.74
0.660.390.85-0.030.140.86-0.11-0.40.671.00.43-0.210.880.550.330.790.270.960.57-0.930.55-0.090.53-0.110.93
0.65-0.370.310.36-0.040.51-0.37-0.590.460.330.510.320.340.610.330.540.970.20.58-0.580.650.480.45-0.140.49
0.610.210.74-0.080.170.87-0.21-0.470.810.780.23-0.320.850.820.790.540.50.670.77-0.880.820.330.240.150.84
0.63-0.470.20.43-0.030.44-0.37-0.60.440.260.490.330.250.610.270.970.50.150.52-0.520.650.50.45-0.170.45
0.650.420.790.05-0.050.76-0.09-0.330.650.970.49-0.210.770.430.960.20.670.150.52-0.830.43-0.280.6-0.060.82
0.510.040.64-0.01-0.280.7-0.55-0.630.580.580.49-0.060.660.50.570.580.770.520.52-0.680.520.090.330.250.53
-0.74-0.15-0.81-0.03-0.24-0.910.280.55-0.76-0.92-0.470.14-0.87-0.75-0.93-0.58-0.88-0.52-0.83-0.68-0.75-0.15-0.510.16-0.96
0.75-0.090.390.320.250.65-0.14-0.50.880.540.27-0.190.511.00.550.650.820.650.430.52-0.750.490.320.080.74
0.01-0.240.04-0.130.450.230.06-0.180.14-0.11-0.35-0.170.130.48-0.090.480.330.5-0.280.09-0.150.49-0.36-0.170.19
0.83-0.190.230.71-0.340.32-0.31-0.460.450.540.940.450.190.290.530.450.240.450.60.33-0.510.32-0.36-0.220.47
0.00.380.04-0.05-0.450.020.120.180.19-0.11-0.16-0.140.030.09-0.11-0.140.15-0.17-0.060.250.160.08-0.17-0.22-0.22
0.710.250.780.020.370.87-0.09-0.490.710.920.35-0.20.850.740.930.490.840.450.820.53-0.960.740.190.47-0.22
Click cells to compare fundamentals

BioLineRx Account Relationship Matchups

BioLineRx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.6M47.3M81.4M76.4M63.9M53.7M
Other Current Liab7K1.4M1.2M1.3M3.4M3.5M
Total Current Liabilities12.0M10.6M9.7M10.7M30.9M32.4M
Total Stockholder Equity33.4M22.0M68.1M50.8M13.2M12.6M
Other Liab323K658K10.2M1.9M2.1M2.2M
Accounts Payable7.8M5.9M5.6M7.0M10.9M11.4M
Cash5.3M16.8M13.0M10.6M4.3M8.0M
Long Term Debt7.8M5.8M2.7M8.6M6.6M3.6M
Common Stock Shares Outstanding9.8M16.9M44.2M51.6M64.2M67.4M
Short Term Investments22.2M5.8M44.1M40.5M38.7M28.6M
Other Current Assets108K152K127K198K1.5M1.5M
Total Liab20.2M25.3M13.3M25.5M50.7M53.2M
Intangible Assets21.9M21.7M21.7M21.9M14.9M10.4M
Common Stock4.7M9.9M21.1M27.1M31.4M32.9M
Property Plant Equipment2.2M3.5M2.7M2.3M2.6M2.1M
Short Long Term Debt Total10.5M7.7M4.7M12.3M11.6M12.2M
Property Plant And Equipment Net3.5M2.7M2.3M2.5M1.9M2.2M
Net Debt5.2M(9.1M)(8.3M)1.7M7.3M7.7M
Retained Earnings(248.0M)(278.0M)(305.0M)(330.0M)(390.6M)(371.1M)
Non Current Assets Total25.4M24.4M24.0M24.4M16.7M13.7M
Non Currrent Assets Other56K25.4M21.4M(1.0)(1.15)(1.09)
Cash And Short Term Investments27.5M22.6M57.1M51.1M43.0M39.3M
Net Receivables613K141K142K721K708K430.0K
Common Stock Total Equity2.8M3.1M4.7M9.9M11.4M11.9M
Liabilities And Stockholders Equity53.6M47.3M81.4M76.4M63.9M54.1M
Non Current Liabilities Total8.2M14.6M3.6M14.9M19.9M20.8M
Other Stockholder Equity265.9M279.2M339.3M339.0M355.5M255.4M
Property Plant And Equipment Gross3.5M2.7M6.8M2.5M7.4M7.8M
Total Current Assets28.2M22.9M57.4M52.0M47.2M40.4M
Accumulated Other Comprehensive Income10.7M10.9M11.7M13.3M17.0M10.8M
Short Term Debt2.9M3.3M2.9M2.4M3.7M3.9M
Net Tangible Assets19.3M11.5M316K46.4M41.7M22.1M
Short Long Term Debt2.7M3.1M2.8M1.5M3.1M1.8M
Net Invested Capital41.9M27.9M70.8M61.0M23.0M37.5M
Net Working Capital16.2M12.2M47.7M41.3M16.3M23.2M
Capital Stock4.7M9.9M21.1M27.1M31.4M17.8M

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