Boston Accounts Payable vs Long Term Debt Total Analysis
BSX Stock | USD 75.00 0.02 0.03% |
Boston Scientific financial indicator trend analysis is way more than just evaluating Boston Scientific Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boston Scientific Corp is a good investment. Please check the relationship between Boston Scientific Accounts Payable and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Accounts Payable vs Long Term Debt Total
Accounts Payable vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Scientific Corp Accounts Payable account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boston Scientific's Accounts Payable and Long Term Debt Total is 0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Boston Scientific Corp, assuming nothing else is changed. The correlation between historical values of Boston Scientific's Accounts Payable and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Boston Scientific Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Boston Scientific's Accounts Payable and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Boston Scientific obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Boston Scientific Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Debt Total
Most indicators from Boston Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boston Scientific 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 Boston Scientific Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Boston Scientific's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 679.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.29 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.1B | 8.7B | 9.9B | 10.4B | Total Revenue | 11.9B | 12.7B | 14.2B | 15.0B |
Boston Scientific fundamental ratios Correlations
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Boston Scientific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boston Scientific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.6B | 30.8B | 32.2B | 32.5B | 35.1B | 36.9B | |
Short Long Term Debt Total | 10.3B | 9.5B | 9.5B | 9.3B | 9.5B | 10.0B | |
Other Current Liab | 2.8B | 3.0B | 3.0B | 2.7B | 3.2B | 3.4B | |
Total Current Liabilities | 4.9B | 3.7B | 4.3B | 3.8B | 4.9B | 5.2B | |
Total Stockholder Equity | 13.9B | 15.3B | 16.6B | 17.6B | 19.3B | 20.2B | |
Property Plant And Equipment Net | 2.4B | 2.5B | 2.7B | 2.8B | 3.3B | 3.5B | |
Net Debt | 10.1B | 7.8B | 7.5B | 8.4B | 8.6B | 9.1B | |
Retained Earnings | (2.3B) | (2.4B) | (1.4B) | (750M) | 819M | 860.0M | |
Accounts Payable | 542M | 513M | 794M | 862M | 942M | 989.1M | |
Non Current Assets Total | 25.9B | 24.1B | 25.9B | 26.7B | 28.6B | 30.1B | |
Non Currrent Assets Other | 735M | 545M | 563M | 707M | 679M | 713.0M | |
Net Receivables | 1.9B | 1.5B | 1.8B | 2.0B | 2.2B | 2.3B | |
Common Stock Shares Outstanding | 1.4B | 1.4B | 1.4B | 1.4B | 1.5B | 1.2B | |
Liabilities And Stockholders Equity | 30.6B | 30.8B | 32.2B | 32.5B | 34.9B | 36.6B | |
Non Current Liabilities Total | 11.8B | 11.8B | 11.3B | 11.1B | 10.7B | 6.2B | |
Inventory | 1.6B | 1.4B | 1.6B | 1.9B | 2.5B | 2.6B | |
Other Current Assets | 324M | 410M | 385M | 350M | 333M | 426.3M | |
Other Stockholder Equity | 15.8B | 17.5B | 17.7B | 18.0B | 18.4B | 10.0B | |
Total Liab | 16.7B | 15.5B | 15.6B | 14.9B | 15.6B | 8.6B | |
Property Plant And Equipment Gross | 2.4B | 2.5B | 2.3B | 2.4B | 6.8B | 7.1B | |
Total Current Assets | 4.7B | 6.7B | 6.3B | 5.8B | 6.5B | 3.3B | |
Accumulated Other Comprehensive Income | 270M | 207M | 263M | 269M | 49M | 51.5M | |
Short Term Debt | 1.4B | 13M | 261M | 20M | 531M | 417.5M | |
Intangible Assets | 7.9B | 5.9B | 6.1B | 5.9B | 6.0B | 4.9B | |
Other Liab | 3.0B | 2.2B | 2.1B | 1.8B | 2.1B | 1.9B | |
Other Assets | (2M) | 4.6B | 3M | 2M | (1M) | 950K | |
Long Term Debt | 8.6B | 9.1B | 8.8B | 8.9B | 8.6B | 5.6B | |
Good Will | 10.2B | 10.0B | 12.0B | 12.9B | 14.4B | 8.6B | |
Property Plant Equipment | 2.1B | 2.1B | 2.3B | 2.8B | 3.3B | 1.7B | |
Current Deferred Revenue | 144M | 138M | 208M | 220M | 266M | 333.1M | |
Net Tangible Assets | (4.2B) | 9.4B | (1.7B) | 11.7B | 13.4B | 14.1B | |
Retained Earnings Total Equity | (2.3B) | (2.4B) | (1.4B) | (750M) | (862.5M) | (905.6M) | |
Long Term Debt Total | 8.6B | 9.1B | 8.8B | 8.9B | 10.3B | 6.6B |
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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 Boston Scientific Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boston Scientific'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 Boston Scientific Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boston Scientific Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Boston Scientific's price analysis, check to measure Boston Scientific'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 Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Boston Scientific'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 Boston Scientific. If investors know Boston 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 Boston Scientific 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 0.579 | Earnings Share 1.18 | Revenue Per Share 10.065 | Quarterly Revenue Growth 0.138 | Return On Assets 0.0454 |
The market value of Boston Scientific Corp is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Scientific's value that differs from its market value or its book value, called intrinsic value, which is Boston Scientific'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 Boston Scientific's market value can be influenced by many factors that don't directly affect Boston Scientific'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 Boston Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Scientific'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.