Bioventus Total Assets vs Total Liab Analysis

BVS Stock  USD 11.71  0.20  1.74%   
Bioventus financial indicator trend analysis is way more than just evaluating Bioventus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bioventus is a good investment. Please check the relationship between Bioventus Total Assets and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioventus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Bioventus Stock please use our How to Invest in Bioventus guide.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bioventus Total Assets account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bioventus' Total Assets and Total Liab is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Bioventus, assuming nothing else is changed. The correlation between historical values of Bioventus' Total Assets and Total Liab 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 Assets of Bioventus are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Bioventus' Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Bioventus 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 Bioventus 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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Bioventus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bioventus 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 Bioventus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Bioventus Stock please use our How to Invest in Bioventus guide.Enterprise Value is likely to gain to about 1.2 B in 2024, whereas Discontinued Operations is likely to drop (2.2 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M25.8M40.7M42.7M
Depreciation And Amortization38.7M61.4M57.4M40.7M

Bioventus fundamental ratios Correlations

0.760.880.770.80.50.87-0.150.82-0.730.780.240.7-0.290.240.83-0.34-0.670.770.870.940.920.790.970.820.66
0.760.930.930.940.860.860.170.9-0.220.90.130.99-0.480.130.870.11-0.660.980.860.770.860.970.60.820.65
0.880.930.90.930.670.940.00.97-0.490.940.170.88-0.430.170.93-0.11-0.650.940.980.860.920.940.770.890.7
0.770.930.90.980.660.890.110.83-0.350.890.30.89-0.560.30.89-0.1-0.550.950.860.710.810.960.630.870.66
0.80.940.930.980.650.890.040.87-0.420.940.260.9-0.610.260.91-0.15-0.550.970.890.720.820.980.650.880.74
0.50.860.670.660.650.620.440.690.190.58-0.050.89-0.13-0.050.60.53-0.670.740.560.660.690.720.370.540.45
0.870.860.940.890.890.620.090.88-0.470.830.260.8-0.320.260.89-0.09-0.670.850.940.860.840.870.810.890.71
-0.150.170.00.110.040.440.09-0.130.44-0.20.510.130.510.510.210.850.230.02-0.130.06-0.060.03-0.20.27-0.08
0.820.90.970.830.870.690.88-0.13-0.40.94-0.080.89-0.48-0.080.81-0.11-0.770.910.970.820.910.910.720.750.72
-0.73-0.22-0.49-0.35-0.420.19-0.470.44-0.4-0.46-0.38-0.110.19-0.38-0.540.730.14-0.32-0.55-0.56-0.52-0.35-0.78-0.56-0.42
0.780.90.940.890.940.580.83-0.20.94-0.460.040.88-0.70.040.84-0.26-0.60.960.930.690.830.960.630.780.69
0.240.130.170.30.26-0.050.260.51-0.08-0.380.040.00.161.00.510.020.450.140.070.190.060.180.220.59-0.04
0.70.990.880.890.90.890.80.130.89-0.110.880.0-0.510.00.790.15-0.710.960.810.720.830.950.530.720.63
-0.29-0.48-0.43-0.56-0.61-0.13-0.320.51-0.480.19-0.70.16-0.510.16-0.330.520.26-0.62-0.45-0.05-0.29-0.62-0.12-0.26-0.35
0.240.130.170.30.26-0.050.260.51-0.08-0.380.041.00.00.160.510.020.450.140.070.190.060.180.220.59-0.04
0.830.870.930.890.910.60.890.210.81-0.540.840.510.79-0.330.51-0.04-0.380.880.860.810.810.90.710.990.61
-0.340.11-0.11-0.1-0.150.53-0.090.85-0.110.73-0.260.020.150.520.02-0.040.06-0.06-0.23-0.05-0.13-0.09-0.38-0.04-0.17
-0.67-0.66-0.65-0.55-0.55-0.67-0.670.23-0.770.14-0.60.45-0.710.260.45-0.380.06-0.6-0.7-0.72-0.77-0.59-0.65-0.33-0.61
0.770.980.940.950.970.740.850.020.91-0.320.960.140.96-0.620.140.88-0.06-0.60.880.730.841.00.60.830.63
0.870.860.980.860.890.560.94-0.130.97-0.550.930.070.81-0.450.070.86-0.23-0.70.880.840.90.890.80.830.77
0.940.770.860.710.720.660.860.060.82-0.560.690.190.72-0.050.190.81-0.05-0.720.730.840.950.730.920.80.6
0.920.860.920.810.820.690.84-0.060.91-0.520.830.060.83-0.290.060.81-0.13-0.770.840.90.950.840.860.780.65
0.790.970.940.960.980.720.870.030.91-0.350.960.180.95-0.620.180.9-0.09-0.591.00.890.730.840.620.850.67
0.970.60.770.630.650.370.81-0.20.72-0.780.630.220.53-0.120.220.71-0.38-0.650.60.80.920.860.620.720.62
0.820.820.890.870.880.540.890.270.75-0.560.780.590.72-0.260.590.99-0.04-0.330.830.830.80.780.850.720.57
0.660.650.70.660.740.450.71-0.080.72-0.420.69-0.040.63-0.35-0.040.61-0.17-0.610.630.770.60.650.670.620.57
Click cells to compare fundamentals

Bioventus Account Relationship Matchups

Bioventus fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding56.8M56.8M59.5M61.4M62.6M63.5M
Total Assets472.4M494.5M1.2B1.4B810.9M788.8M
Short Long Term Debt Total198.0M188.4M357.7M418.1M394.8M290.3M
Other Current Liab15.6M98.8M134.3M231.7M115.0M86.3M
Total Current Liabilities89.0M122.6M180.9M304.0M175.5M148.1M
Total Stockholder Equity143.0M142.2M458.9M316.6M173.6M240.5M
Property Plant And Equipment Net19.8M21.8M40.2M45.0M50.0M27.7M
Current Deferred Revenue57.0M99.2M142.3M4.7M5.5M5.2M
Net Debt133.4M101.5M313.7M386.3M357.9M245.3M
Retained Earnings(141.7M)(144.5M)(6.6M)(165.3M)(321.5M)(305.5M)
Accounts Payable6.4M4.4M16.9M36.7M23.0M15.1M
Cash64.5M86.8M43.9M31.8M37.0M45.0M
Non Current Assets Total289.4M282.7M962.8M1.1B542.9M576.9M
Non Currrent Assets Other3.3M19.4M50M(154.0M)3.1M3.3M
Cash And Short Term Investments64.5M86.8M43.9M31.8M37.0M45.0M
Net Receivables85.1M88.3M125.0M136.6M123.0M100.7M
Liabilities And Stockholders Equity472.4M494.5M1.2B1.4B810.9M788.8M
Non Current Liabilities Total237.8M227.7M511.2M728.3M414.3M379.4M
Inventory27.3M29.1M61.7M85.4M91.3M52.8M
Other Current Assets6.1M7.6M32.4M21.1M33.3M35.0M
Other Stockholder Equity(168M)1.9M465.3M490.6M494.3M519.0M
Total Liab326.8M350.3M692.1M1.0B589.8M527.5M
Property Plant And Equipment Gross19.8M21.8M40.2M45.0M90.5M95.0M
Total Current Assets183.0M211.8M263.1M272.6M268.0M212.0M
Accumulated Other Comprehensive Income(465K)1.6M179K(110K)794K833.7K
Short Term Debt10M17.0M21.5M33.1M32.7M22.7M
Intangible Assets216.5M191.7M695.2M1.0B482.4M475.1M
Common Stock285.1M285.2M75K78K79K75.1K
Long Term Debt188.0M173.4M339.6M385.0M367.0M301.1M
Net Invested Capital340.9M330.6M816.6M734.6M568.4M574.1M
Long Term Investments3.3M19.4M29.3M2.6M3.0M2.9M
Short Long Term Debt10M15M18.0M33.1M27.8M20.0M
Capital Stock285.1M285.2M75K78K79K75.1K
Non Current Liabilities Other20.7M21.7M38.1M110.0M46.1M44.4M

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