Biomarin Intangible Assets vs Net Working Capital Analysis

BMRN Stock  USD 75.07  0.59  0.79%   
Biomarin Pharmaceutical financial indicator trend analysis is way more than just evaluating Biomarin Pharmaceutical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biomarin Pharmaceutical is a good investment. Please check the relationship between Biomarin Pharmaceutical Intangible Assets and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.

Intangible Assets vs Net Working Capital

Intangible Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biomarin Pharmaceutical Intangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Biomarin Pharmaceutical's Intangible Assets and Net Working Capital is -0.03. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Biomarin Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Biomarin Pharmaceutical's Intangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Biomarin Pharmaceutical are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Intangible Assets i.e., Biomarin Pharmaceutical's Intangible Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Working Capital

Most indicators from Biomarin Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biomarin Pharmaceutical 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 Biomarin Pharmaceutical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.At this time, Biomarin Pharmaceutical's Tax Provision is very stable compared to the past year. As of the 3rd of June 2024, Enterprise Value Over EBITDA is likely to grow to 74.10, while Selling General Administrative is likely to drop about 246.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.6B1.8B1.9B
Total Revenue1.8B2.1B2.4B2.5B

Biomarin Pharmaceutical fundamental ratios Correlations

0.950.770.861.00.970.6-0.360.550.740.990.320.690.940.760.690.960.880.980.970.950.970.480.750.560.12
0.950.680.810.920.930.62-0.460.550.820.90.270.830.850.810.770.860.850.940.980.860.960.490.790.670.23
0.770.680.530.810.630.290.26-0.080.620.750.190.410.80.410.470.820.660.650.640.850.76-0.050.40.22-0.07
0.860.810.530.840.850.52-0.370.680.610.820.150.490.890.550.310.890.820.850.850.830.870.380.570.440.33
1.00.920.810.840.960.57-0.290.50.720.980.30.650.960.720.650.970.880.970.940.970.960.430.710.520.08
0.970.930.630.850.960.64-0.540.690.710.960.290.730.90.820.720.910.90.990.970.890.940.60.80.630.12
0.60.620.290.520.570.64-0.490.420.070.640.160.490.490.620.570.530.370.640.650.510.520.630.60.77-0.29
-0.36-0.460.26-0.37-0.29-0.54-0.49-0.85-0.27-0.35-0.08-0.59-0.19-0.66-0.52-0.19-0.35-0.53-0.52-0.17-0.35-0.79-0.64-0.65-0.19
0.550.55-0.080.680.50.690.42-0.850.40.540.260.50.460.620.370.450.560.670.660.410.530.760.630.490.4
0.740.820.620.610.720.710.07-0.270.40.660.250.770.680.650.630.670.80.710.770.690.820.210.640.330.49
0.990.90.750.820.980.960.64-0.350.540.660.40.620.910.750.690.930.840.970.940.930.920.550.740.520.07
0.320.270.190.150.30.290.16-0.080.260.250.40.180.160.390.440.180.210.280.340.250.180.520.37-0.050.39
0.690.830.410.490.650.730.49-0.590.50.770.620.180.530.850.850.540.60.730.790.570.750.50.840.790.17
0.940.850.80.890.960.90.49-0.190.460.680.910.160.530.60.460.990.90.90.870.930.950.260.60.410.13
0.760.810.410.550.720.820.62-0.660.620.650.750.390.850.60.870.60.70.810.830.610.730.690.990.640.16
0.690.770.470.310.650.720.57-0.520.370.630.690.440.850.460.870.480.550.720.760.550.650.650.820.690.0
0.960.860.820.890.970.910.53-0.190.450.670.930.180.540.990.60.480.880.910.880.970.950.260.60.440.09
0.880.850.660.820.880.90.37-0.350.560.80.840.210.60.90.70.550.880.870.860.830.90.310.680.330.27
0.980.940.650.850.970.990.64-0.530.670.710.970.280.730.90.810.720.910.870.980.90.950.590.80.640.12
0.970.980.640.850.940.970.65-0.520.660.770.940.340.790.870.830.760.880.860.980.870.950.60.820.660.23
0.950.860.850.830.970.890.51-0.170.410.690.930.250.570.930.610.550.970.830.90.870.930.290.620.450.07
0.970.960.760.870.960.940.52-0.350.530.820.920.180.750.950.730.650.950.90.950.950.930.360.720.590.19
0.480.49-0.050.380.430.60.63-0.790.760.210.550.520.50.260.690.650.260.310.590.60.290.360.670.580.13
0.750.790.40.570.710.80.6-0.640.630.640.740.370.840.60.990.820.60.680.80.820.620.720.670.620.19
0.560.670.220.440.520.630.77-0.650.490.330.52-0.050.790.410.640.690.440.330.640.660.450.590.580.62-0.16
0.120.23-0.070.330.080.12-0.29-0.190.40.490.070.390.170.130.160.00.090.270.120.230.070.190.130.19-0.16
Click cells to compare fundamentals

Biomarin Pharmaceutical Account Relationship Matchups

Biomarin Pharmaceutical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.8B6.0B6.4B6.8B7.2B
Short Long Term Debt Total848.1M1.1B1.1B1.1B1.1B1.2B
Other Current Liab(13.0M)289.2M329.4M346.6M354.2M372.0M
Total Current Liabilities932.5M492.5M539.8M588.9M1.2B1.2B
Total Stockholder Equity3.1B4.1B4.3B4.6B5.0B5.2B
Property Plant And Equipment Net1.0B1.0B1.0B1.1B1.1B1.2B
Net Debt410.7M426.0M491.8M358.5M378.7M216.1M
Retained Earnings(1.7B)(861.6M)(925.7M)(789.2M)(621.6M)(652.6M)
Accounts Payable570.6M191.4M193.0M231.2M315.5M331.3M
Cash437.4M649.2M587.3M724.5M755.1M792.9M
Non Current Assets Total2.7B3.5B3.7B3.6B3.9B4.1B
Non Currrent Assets Other122.0M142.2M151.8M176.2M121.2M72.7M
Cash And Short Term Investments753.8M1.1B1.0B1.3B1.1B595.1M
Net Receivables377.4M448.4M373.4M461.3M633.7M665.4M
Common Stock Shares Outstanding179.0M191.7M182.9M189.0M191.6M127.6M
Liabilities And Stockholders Equity4.7B5.8B6.0B6.4B6.8B7.2B
Non Current Liabilities Total635.2M1.2B1.2B1.2B713.0M586.6M
Inventory680.3M698.5M776.7M894.1M1.1B1.2B
Other Current Assets130.7M129.9M110.4M104.5M141.4M148.5M
Other Stockholder Equity4.8B5.0B5.2B5.4B5.6B5.9B
Total Liab1.6B1.7B1.7B1.8B1.9B2.0B
Property Plant And Equipment Gross1.0B1.0B1.8B1.9B1.9B2.0B
Total Current Assets1.9B2.3B2.3B2.8B3.0B3.1B
Accumulated Other Comprehensive Income20.2M(16.1M)14.4M(3.9M)(38.6M)(36.7M)
Intangible Assets456.6M417.3M388.7M338.6M294.7M244.4M
Common Stock Total Equity178K180K182K184K211.6K126.8K
Short Term Investments316.4M416.2M426.6M567.0M318.7M276.3M
Common Stock180K182K184K186K189K133.2K
Other Assets612.0M1.6B1.6B1.6B1.8B1.9B
Long Term Debt486.2M1.1B1.1B1.1B593.1M553.3M
Property Plant Equipment1.0B1.0B1.0B1.1B1.3B1.3B
Other Liab98.1M174.3M113.7M73.5M84.5M81.8M
Net Tangible Assets2.5B3.5B3.7B4.1B4.7B4.9B
Retained Earnings Total Equity(1.7B)(1.7B)(861.6M)(925.7M)(833.1M)(874.8M)
Long Term Debt Total830.4M486.2M1.1B1.1B1.2B730.7M
Capital Surpluse4.7B4.8B5.0B5.2B6.0B3.7B
Long Term Investments412.0M285.5M507.8M333.8M611.1M353.3M

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When determining whether Biomarin Pharmaceutical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomarin Pharmaceutical's 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 Biomarin Pharmaceutical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomarin Pharmaceutical Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomarin Pharmaceutical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Biomarin Pharmaceutical's price analysis, check to measure Biomarin Pharmaceutical'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 Biomarin Pharmaceutical is operating at the current time. Most of Biomarin Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Biomarin Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomarin Pharmaceutical's price. Additionally, you may evaluate how the addition of Biomarin Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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Is Biomarin Pharmaceutical's industry 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 Biomarin Pharmaceutical. If investors know Biomarin 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 Biomarin Pharmaceutical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.722
Earnings Share
1.06
Revenue Per Share
13.12
Quarterly Revenue Growth
0.088
Return On Assets
0.0177
The market value of Biomarin Pharmaceutical is measured differently than its book value, which is the value of Biomarin that is recorded on the company's balance sheet. Investors also form their own opinion of Biomarin Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is Biomarin Pharmaceutical's 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 Biomarin Pharmaceutical's market value can be influenced by many factors that don't directly affect Biomarin Pharmaceutical's 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 Biomarin Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomarin Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomarin Pharmaceutical's 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.