Blueprint Total Current Liabilities vs Cash Analysis

BPMC Stock  USD 94.15  2.47  2.56%   
Blueprint Medicines financial indicator trend analysis is way more than just evaluating Blueprint Medicines Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blueprint Medicines Corp is a good investment. Please check the relationship between Blueprint Medicines Total Current Liabilities and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blueprint Medicines Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blueprint Medicines Corp Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blueprint Medicines' Total Current Liabilities and Cash is 0.13. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Blueprint Medicines Corp, assuming nothing else is changed. The correlation between historical values of Blueprint Medicines' Total Current Liabilities and Cash 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 Blueprint Medicines Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Blueprint Medicines' Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Blueprint Medicines balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blueprint Medicines Corp 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.

Cash

Cash refers to the most liquid asset of Blueprint Medicines Corp, which is listed under current asset account on Blueprint Medicines Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blueprint Medicines customers. The amounts must be unrestricted with restricted cash listed in a different Blueprint Medicines account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Blueprint Medicines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blueprint Medicines Corp 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 Blueprint Medicines Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, Blueprint Medicines' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 1.12, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense7.4M16.8M51.6M54.2M
Depreciation And Amortization12.8M20.1M11.7M7.7M

Blueprint Medicines fundamental ratios Correlations

0.50.070.810.840.480.890.42-0.03-0.680.740.560.880.730.590.780.990.90.940.560.180.950.630.830.940.46
0.50.030.88-0.030.990.590.360.78-0.940.3-0.140.270.91-0.070.220.420.550.590.990.080.630.980.80.580.96
0.070.030.160.16-0.070.11-0.850.12-0.110.460.160.240.110.170.00.080.150.13-0.060.190.08-0.010.16-0.060.29
0.810.880.160.40.850.870.370.53-0.970.670.130.640.980.20.590.750.830.880.90.250.90.940.980.820.85
0.84-0.030.160.4-0.060.630.17-0.51-0.20.670.780.870.280.770.720.890.670.690.030.130.670.120.460.7-0.02
0.480.99-0.070.85-0.060.540.440.75-0.920.24-0.130.20.89-0.10.210.40.560.580.990.050.610.980.760.60.92
0.890.590.110.870.630.540.410.23-0.80.80.240.790.830.340.810.840.870.930.640.460.960.70.930.840.54
0.420.36-0.850.370.170.440.410.08-0.380.0-0.030.20.39-0.010.410.390.330.390.47-0.010.430.450.380.510.1
-0.030.780.120.53-0.510.750.230.08-0.670.04-0.7-0.110.62-0.43-0.04-0.130.090.150.730.090.190.70.480.030.78
-0.68-0.94-0.11-0.97-0.2-0.92-0.8-0.38-0.67-0.580.03-0.47-0.990.01-0.49-0.61-0.76-0.8-0.95-0.23-0.83-0.97-0.94-0.73-0.9
0.740.30.460.670.670.240.80.00.04-0.580.360.760.630.210.670.720.790.810.320.310.790.410.740.620.37
0.56-0.140.160.130.78-0.130.24-0.03-0.70.030.360.490.010.650.210.640.460.39-0.11-0.040.36-0.050.120.54-0.09
0.880.270.240.640.870.20.790.2-0.11-0.470.760.490.520.70.710.890.680.750.30.10.780.390.710.670.3
0.730.910.110.980.280.890.830.390.62-0.990.630.010.520.040.560.660.790.840.930.270.850.960.960.770.86
0.59-0.070.170.20.77-0.10.34-0.01-0.430.010.210.650.70.040.410.650.310.34-0.05-0.020.360.010.20.43-0.01
0.780.220.00.590.720.210.810.41-0.04-0.490.670.210.710.560.410.770.740.820.30.430.780.370.670.720.13
0.990.420.080.750.890.40.840.39-0.13-0.610.720.640.890.660.650.770.870.90.480.150.90.550.770.920.39
0.90.550.150.830.670.560.870.330.09-0.760.790.460.680.790.310.740.870.970.610.290.940.670.820.930.53
0.940.590.130.880.690.580.930.390.15-0.80.810.390.750.840.340.820.90.970.650.310.980.710.890.940.55
0.560.99-0.060.90.030.990.640.470.73-0.950.32-0.110.30.93-0.050.30.480.610.650.110.680.990.830.650.92
0.180.080.190.250.130.050.46-0.010.09-0.230.31-0.040.10.27-0.020.430.150.290.310.110.250.150.360.210.05
0.950.630.080.90.670.610.960.430.19-0.830.790.360.780.850.360.780.90.940.980.680.250.750.910.930.58
0.630.98-0.010.940.120.980.70.450.7-0.970.41-0.050.390.960.010.370.550.670.710.990.150.750.880.70.92
0.830.80.160.980.460.760.930.380.48-0.940.740.120.710.960.20.670.770.820.890.830.360.910.880.80.77
0.940.58-0.060.820.70.60.840.510.03-0.730.620.540.670.770.430.720.920.930.940.650.210.930.70.80.51
0.460.960.290.85-0.020.920.540.10.78-0.90.37-0.090.30.86-0.010.130.390.530.550.920.050.580.920.770.51
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Blueprint Medicines Account Relationship Matchups

Blueprint Medicines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets707.7M1.7B1.3B1.3B1.0B784.9M
Short Long Term Debt Total95.9M89.6M111.4M562.7M774.1M812.8M
Other Current Liab88.7M98.0M113.7M(295.5M)128.0M134.4M
Total Current Liabilities106.5M130.8M149.8M183.2M214.9M225.7M
Total Stockholder Equity464.4M1.5B970.7M514.7M130.6M124.1M
Other Liab47.7M35.8M28.4M437.0M502.5M527.6M
Property Plant And Equipment Net111.1M101.7M120.9M115.2M115.7M63.4M
Current Deferred Revenue6.2M12.6M36.6M448.6M812K771.4K
Net Debt(18.0M)(595.0M)(98.5M)122.7M702.8M738.0M
Retained Earnings(945.2M)(631.4M)(1.3B)(1.8B)(2.3B)(2.2B)
Accounts Payable4.8M4.4M8.3M2.7M4.7M3.9M
Cash113.9M684.6M209.9M119.7M71.3M67.7M
Non Current Assets Total190.9M790.6M698.2M303.3M240.9M236.9M
Non Currrent Assets Other15.4M11.1M19.8M26.8M30.7M32.2M
Other Assets15.4M569.3M19.8M26.8M1.00.95
Cash And Short Term Investments548.0M1.5B1.0B1.1B710.6M656.9M
Common Stock Total Equity49K58K59K60K69K41.4K
Common Stock Shares Outstanding47.8M56.2M58.5M59.6M60.6M43.6M
Liabilities And Stockholders Equity707.7M1.7B1.3B1.3B1.0B784.9M
Non Current Liabilities Total136.9M117.5M131.7M652.0M703.7M738.9M
Other Current Assets379.4M22.0M18.1M35.0M33.4M51.4M
Other Stockholder Equity1.4B2.1B2.3B2.4B2.5B1.3B
Total Liab243.3M248.3M281.5M835.2M918.6M964.6M
Property Plant And Equipment Gross111.1M101.7M146.3M146.5M154.1M161.9M
Total Current Assets516.8M927.8M554.0M1.0B808.4M548.0M
Accumulated Other Comprehensive Income(2.5M)(5.2M)(4.1M)(10.4M)(3.5M)(3.7M)
Short Term Debt6.8M15.9M16.2M27.4M81.4M85.5M
Common Stock49K58K59K60K61K43.7K
Property Plant Equipment38.4M34.1M30.7M33.3M38.3M22.7M
Net Tangible Assets464.4M1.5B1.2B514.7M591.9M613.2M
Net Receivables23.4M25.3M37.0M36.9M43.2M45.3M
Short Term Investments369.6M187.2M267.2M825.3M639.4M346.5M
Retained Earnings Total Equity(945.2M)(631.4M)(1.3B)(1.8B)(1.6B)(1.6B)
Capital Surpluse1.4B2.1B2.3B2.4B2.7B1.5B
Inventory(434.0M)8.6M21.8M29.7M21.2M22.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Blueprint Medicines Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blueprint Medicines' 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 Blueprint Medicines Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blueprint Medicines Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blueprint Medicines Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blueprint Medicines. If investors know Blueprint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blueprint Medicines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.09)
Revenue Per Share
6.986
Quarterly Revenue Growth
1.266
Return On Assets
(0.15)
Return On Equity
(0.50)
The market value of Blueprint Medicines Corp is measured differently than its book value, which is the value of Blueprint that is recorded on the company's balance sheet. Investors also form their own opinion of Blueprint Medicines' value that differs from its market value or its book value, called intrinsic value, which is Blueprint Medicines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blueprint Medicines' market value can be influenced by many factors that don't directly affect Blueprint Medicines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blueprint Medicines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blueprint Medicines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blueprint Medicines' 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.