Burning Long Term Debt vs Other Assets Analysis

BNR Stock  USD 7.80  0.16  2.09%   
Burning Rock financial indicator trend analysis is way more than just evaluating Burning Rock Biotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Burning Rock Biotech is a good investment. Please check the relationship between Burning Rock Long Term Debt and its Other Assets accounts. 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.

Long Term Debt vs Other Assets

Long Term Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burning Rock Biotech Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Burning Rock's Long Term Debt and Other Assets is -0.82. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Burning Rock Biotech, assuming nothing else is changed. The correlation between historical values of Burning Rock's Long Term Debt and Other 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 Long Term Debt of Burning Rock Biotech are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., Burning Rock's Long Term Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Burning Rock Biotech has held for over one year. Long-term debt appears on Burning Rock Biotech balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Burning Rock Biotech balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Assets

Most indicators from Burning Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
As of 06/08/2024, Tax Provision is likely to grow to about 3.4 M, while Selling General Administrative is likely to drop slightly above 327.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit364.1M380.0M363.2M298.8M
Total Revenue507.9M563.2M537.4M430.6M

Burning Rock fundamental ratios Correlations

0.29-0.440.530.310.30.480.330.520.57-0.28-0.510.410.250.520.320.51-0.450.20.450.44-0.14-0.45-0.290.470.47
0.29-0.810.770.270.960.490.940.730.68-0.99-0.610.830.990.750.750.84-0.840.990.510.840.47-0.84-0.680.790.55
-0.44-0.81-0.84-0.08-0.76-0.4-0.79-0.64-0.760.790.86-0.6-0.74-0.67-0.42-0.790.99-0.76-0.88-0.9-0.370.990.53-0.96-0.39
0.530.77-0.840.590.80.620.80.880.95-0.77-0.870.850.730.870.650.87-0.850.680.660.880.01-0.85-0.710.820.71
0.310.27-0.080.590.390.620.360.690.66-0.27-0.410.710.310.630.50.47-0.10.18-0.130.4-0.63-0.1-0.650.050.7
0.30.96-0.760.80.390.520.990.720.75-0.99-0.670.830.990.720.710.86-0.770.960.390.890.3-0.77-0.830.750.55
0.480.49-0.40.620.620.520.530.880.77-0.47-0.530.770.470.870.720.84-0.450.380.30.56-0.3-0.45-0.520.450.9
0.330.94-0.790.80.360.990.530.710.78-0.97-0.720.790.970.70.670.88-0.790.930.420.920.27-0.79-0.850.790.53
0.520.73-0.640.880.690.720.880.710.9-0.69-0.680.950.681.00.840.91-0.690.610.490.74-0.1-0.69-0.620.650.94
0.570.68-0.760.950.660.750.770.780.9-0.69-0.90.820.660.880.610.91-0.760.570.570.88-0.2-0.76-0.770.760.76
-0.28-0.990.79-0.77-0.27-0.99-0.47-0.97-0.69-0.690.61-0.8-0.99-0.71-0.73-0.840.81-0.98-0.46-0.85-0.450.810.73-0.79-0.53
-0.51-0.610.86-0.87-0.41-0.67-0.53-0.72-0.68-0.90.61-0.59-0.58-0.67-0.27-0.790.81-0.53-0.69-0.930.140.820.73-0.78-0.42
0.410.83-0.60.850.710.830.770.790.950.82-0.8-0.590.810.950.890.87-0.650.750.350.740.02-0.65-0.70.590.88
0.250.99-0.740.730.310.990.470.970.680.66-0.99-0.580.810.690.720.82-0.760.990.380.840.41-0.76-0.760.720.51
0.520.75-0.670.870.630.720.870.71.00.88-0.71-0.670.950.690.850.91-0.730.640.550.73-0.02-0.73-0.570.680.93
0.320.75-0.420.650.50.710.720.670.840.61-0.73-0.270.890.720.850.76-0.520.680.260.480.23-0.52-0.430.530.9
0.510.84-0.790.870.470.860.840.880.910.91-0.84-0.790.870.820.910.76-0.820.760.580.890.07-0.82-0.730.820.78
-0.45-0.840.99-0.85-0.1-0.77-0.45-0.79-0.69-0.760.810.81-0.65-0.76-0.73-0.52-0.82-0.78-0.88-0.87-0.421.00.49-0.97-0.47
0.20.99-0.760.680.180.960.380.930.610.57-0.98-0.530.750.990.640.680.76-0.780.420.80.54-0.78-0.660.730.44
0.450.51-0.880.66-0.130.390.30.420.490.57-0.46-0.690.350.380.550.260.58-0.880.420.60.37-0.88-0.10.870.31
0.440.84-0.90.880.40.890.560.920.740.88-0.85-0.930.740.840.730.480.89-0.870.80.60.08-0.87-0.850.830.48
-0.140.47-0.370.01-0.630.3-0.30.27-0.1-0.2-0.450.140.020.41-0.020.230.07-0.420.540.370.08-0.410.230.42-0.15
-0.45-0.840.99-0.85-0.1-0.77-0.45-0.79-0.69-0.760.810.82-0.65-0.76-0.73-0.52-0.821.0-0.78-0.88-0.87-0.410.49-0.97-0.47
-0.29-0.680.53-0.71-0.65-0.83-0.52-0.85-0.62-0.770.730.73-0.7-0.76-0.57-0.43-0.730.49-0.66-0.1-0.850.230.49-0.47-0.44
0.470.79-0.960.820.050.750.450.790.650.76-0.79-0.780.590.720.680.530.82-0.970.730.870.830.42-0.97-0.470.47
0.470.55-0.390.710.70.550.90.530.940.76-0.53-0.420.880.510.930.90.78-0.470.440.310.48-0.15-0.47-0.440.47
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Burning Rock Account Relationship Matchups

Burning Rock fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding86.8M68.6M104.2M103.9M102.4M89.6M
Total Assets847.6M2.7B2.3B1.6B1.0B1.6B
Short Long Term Debt Total67.5M46.9M86.7M50.8M12.3M11.7M
Other Current Liab54.1M83.6M127.9M173.8M104.9M105.6M
Total Current Liabilities164.4M241.5M372.2M411.5M263.4M318.6M
Total Stockholder Equity(891.5M)2.4B1.8B1.2B768.4M861.3M
Other Liab991K491K11.8M4.1M4.7M4.3M
Net Tangible Assets(891.8M)2.4B1.8B1.2B1.3B862.0M
Property Plant And Equipment Net89.3M111.5M406.4M300.0M144.2M205.5M
Current Deferred Revenue53.6M75.5M143.8M149.4M131.7M112.2M
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 Payable12.3M35.5M63.1M50.9M18.1M36.0M
Cash94.2M1.9B1.4B905.5M615.1M923.0M
Non Current Assets Total140.8M139.4M457.6M328.7M155.9M238.7M
Non Currrent Assets Other11.0M23.0M45.1M26.0M5.1M4.8M
Other Assets11.0M23.0M45.1M26.0M29.9M24.8M
Cash And Short Term Investments408.2M2.3B1.5B905.5M615.1M1.1B
Net Receivables208.5M111.0M134.6M151.7M167.8M156.9M
Short Term Investments314.0M362.1M63.8M2.1M13.4M12.7M
Liabilities And Stockholders Equity847.6M2.7B2.3B1.6B1.0B1.6B
Non Current Liabilities Total1.6B491K61.1M17.7M8.2M7.8M
Capital Lease Obligations9.7M4.8M84.3M50.8M12.3M11.7M
Inventory58.1M68.0M123.2M130.3M69.0M91.3M
Other Current Assets1.3M57.3M60.3M51.5M2.8M2.7M
Other Stockholder Equity(1.5B)4.0B4.3B4.5B4.8B3.0B
Total Liab1.7B242.0M433.3M429.1M271.6M258.0M
Net Invested Capital(833.7M)2.5B1.8B1.2B768.4M928.4M
Long Term Investments40.2M1.4M910K690K337K320.2K
Property Plant And Equipment Gross89.3M111.5M406.4M300.0M548.3M279.6M
Total Current Assets706.8M2.5B1.8B1.3B884.1M1.4B
Accumulated Other Comprehensive Income9.3M(167.6M)(207.1M)(165.7M)(161.5M)(169.6M)
Net Working Capital542.3M2.3B1.4B847.3M620.7M1.1B
Short Term Debt44.4M46.9M37.4M37.2M8.6M8.2M
Intangible Assets343K3.5M5.2M161K964K915.8K
Property Plant Equipment89.3M111.5M406.4M300.0M345.0M214.9M

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