Burning Historical Balance Sheet
BNR Stock | USD 4.24 1.32 23.74% |
Trend analysis of Burning Rock Biotech balance sheet accounts such as Total Assets of 1.6 B, Short and Long Term Debt Total of 11.7 M or Other Current Liab of 97.1 M provides information on Burning Rock's total assets, liabilities, and equity, which is the actual value of Burning Rock Biotech to its prevalent stockholders. By breaking down trends over time using Burning Rock balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Burning Rock Biotech latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Burning Rock Biotech is a good buy for the upcoming year.
Burning Rock Inventory |
|
Burning |
About Burning Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Burning Rock Biotech at a specified time, usually calculated after every quarter, six months, or one year. Burning Rock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Burning Rock and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Burning currently owns. An asset can also be divided into two categories, current and non-current.
Burning Rock Balance Sheet Chart
Add Fundamental
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Burning Rock assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Burning Rock Biotech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from Burning Rock's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Burning Rock Biotech current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Burning Rock Biotech. 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 this time, Burning Rock's Non Current Assets Total are relatively stable compared to the past year. As of 11/26/2024, Cash And Short Term Investments is likely to grow to about 1.1 B, while Short and Long Term Debt Total is likely to drop slightly above 11.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 86.7M | 50.8M | 12.3M | 11.7M | Total Assets | 2.3B | 1.6B | 1.0B | 1.6B |
Burning Rock balance sheet Correlations
Click cells to compare fundamentals
Burning Rock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Burning Rock balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 86.8M | 68.6M | 104.2M | 103.9M | 10.2M | 9.7M | |
Total Assets | 847.6M | 2.7B | 2.3B | 1.6B | 1.0B | 1.6B | |
Short Long Term Debt Total | 67.5M | 46.9M | 86.7M | 50.8M | 12.3M | 11.7M | |
Other Current Liab | 54.1M | 76.7M | 120.2M | 162.8M | 84.3M | 97.1M | |
Total Current Liabilities | 164.4M | 241.5M | 372.2M | 411.5M | 263.4M | 318.6M | |
Total Stockholder Equity | (891.5M) | 2.4B | 1.8B | 1.2B | 768.4M | 861.3M | |
Other Liab | 991K | 491K | 11.8M | 4.1M | 4.7M | 4.3M | |
Net Tangible Assets | (891.8M) | 2.4B | 1.8B | 1.2B | 1.3B | 862.0M | |
Property Plant And Equipment Net | 89.3M | 111.5M | 406.4M | 300.0M | 144.2M | 205.5M | |
Current Deferred Revenue | 53.6M | 75.5M | 143.8M | 149.4M | 131.7M | 112.2M | |
Net Debt | (26.8M) | (1.8B) | (1.3B) | (854.7M) | (602.8M) | (632.9M) | |
Retained Earnings | (946.5M) | (1.4B) | (2.2B) | (3.2B) | (3.9B) | (3.7B) | |
Accounts Payable | 12.3M | 35.5M | 63.1M | 50.9M | 18.1M | 36.0M | |
Cash | 94.2M | 1.9B | 1.4B | 905.5M | 615.1M | 923.0M | |
Non Current Assets Total | 140.8M | 139.4M | 457.6M | 328.7M | 155.9M | 238.7M | |
Non Currrent Assets Other | 11.0M | 23.0M | 45.1M | 26.0M | 5.1M | 4.8M | |
Other Assets | 11.0M | 23.0M | 45.1M | 26.0M | 29.9M | 24.8M | |
Cash And Short Term Investments | 408.2M | 2.3B | 1.5B | 905.5M | 628.5M | 1.1B | |
Net Receivables | 208.5M | 110.8M | 161.4M | 170.2M | 167.8M | 165.2M | |
Short Term Investments | 314.0M | 362.1M | 63.8M | 2.1M | 13.4M | 12.7M | |
Liabilities And Stockholders Equity | 847.6M | 2.7B | 2.3B | 1.6B | 1.0B | 1.6B | |
Non Current Liabilities Total | 1.6B | 491K | 61.1M | 17.7M | 8.2M | 7.8M | |
Capital Lease Obligations | 9.7M | 4.8M | 84.3M | 50.8M | 12.3M | 11.7M | |
Inventory | 58.1M | 68.0M | 123.2M | 130.3M | 69.0M | 91.3M | |
Other Current Assets | 1.3M | 51.1M | 41.2M | 52.8M | 32.2M | 33.0M | |
Other Stockholder Equity | (1.5B) | 4.0B | 4.3B | 4.5B | 4.8B | 3.0B | |
Total Liab | 1.7B | 242.0M | 433.3M | 429.1M | 271.6M | 258.0M | |
Net Invested Capital | (833.7M) | 2.5B | 1.8B | 1.2B | 768.4M | 928.4M | |
Long Term Investments | 40.2M | 1.4M | 910K | 690K | 337K | 320.2K | |
Property Plant And Equipment Gross | 89.3M | 111.5M | 406.4M | 300.0M | 548.3M | 279.6M | |
Total Current Assets | 706.8M | 2.5B | 1.8B | 1.3B | 884.1M | 1.4B | |
Accumulated Other Comprehensive Income | 9.3M | (167.6M) | (207.1M) | (165.7M) | (161.5M) | (169.6M) | |
Net Working Capital | 542.3M | 2.3B | 1.4B | 847.3M | 620.7M | 1.1B | |
Short Term Debt | 44.4M | 46.9M | 37.4M | 37.2M | 8.6M | 8.2M | |
Intangible Assets | 343K | 3.5M | 5.2M | 161K | 964K | 915.8K | |
Property Plant Equipment | 89.3M | 111.5M | 406.4M | 300.0M | 345.0M | 214.9M |
Pair Trading with Burning Rock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Burning Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Burning Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Burning Stock
0.48 | MLYS | Mineralys Therapeutics, | PairCorr |
0.38 | KA | Kineta Inc | PairCorr |
0.36 | KZR | Kezar Life Sciences | PairCorr |
0.36 | NXGLW | NexGel Warrant | PairCorr |
The ability to find closely correlated positions to Burning Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burning Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Burning Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Burning Rock Biotech to buy it.
The correlation of Burning Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Burning Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burning Rock Biotech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Burning Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Burning Stock Analysis
When running Burning Rock's price analysis, check to measure Burning Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Burning Rock is operating at the current time. Most of Burning Rock's value examination focuses on studying past and present price action to predict the probability of Burning Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burning Rock's price. Additionally, you may evaluate how the addition of Burning Rock to your portfolios can decrease your overall portfolio volatility.