Boston Total Other Income Expense Net vs Cost Of Revenue Analysis

BSX Stock  USD 74.17  0.38  0.51%   
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 Total Other Income Expense Net and its Cost Of Revenue 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.

Total Other Income Expense Net vs Cost Of Revenue

Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Scientific Corp Total Other Income Expense Net account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Boston Scientific's Total Other Income Expense Net and Cost Of Revenue is 0.07. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue 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 Total Other Income Expense Net and Cost Of Revenue 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 Other Income Expense Net of Boston Scientific Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Other Income Expense Net i.e., Boston Scientific's Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

Cost Of Revenue

Cost of Revenue is found on Boston Scientific Corp income statement and represents the costs associated with goods and services Boston Scientific provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Profit8.1B8.7B9.9B10.4B
Total Revenue11.9B12.7B14.2B15.0B

Boston Scientific fundamental ratios Correlations

0.960.820.730.970.990.940.50.890.621.00.670.620.940.630.740.930.130.630.770.770.830.10.590.710.78
0.960.860.80.910.930.990.460.860.610.960.770.610.910.580.760.870.140.60.820.670.850.230.590.680.85
0.820.860.910.740.820.860.280.850.480.810.840.480.860.540.560.780.390.550.720.630.730.340.50.650.86
0.730.80.910.640.730.830.190.760.270.720.930.270.840.520.430.730.580.50.670.580.630.670.530.610.89
0.970.910.740.640.970.870.650.90.640.970.550.640.880.50.640.940.030.50.650.80.780.010.430.580.77
0.990.930.820.730.970.910.50.930.580.980.660.580.950.590.670.970.110.580.710.840.790.080.530.690.78
0.940.990.860.830.870.910.410.830.460.940.820.470.930.590.730.870.190.60.820.670.790.320.640.680.84
0.50.460.280.190.650.50.410.590.450.50.040.450.3-0.290.050.55-0.41-0.230.050.560.3-0.13-0.31-0.180.57
0.890.860.850.760.90.930.830.590.550.890.650.560.890.380.490.940.080.410.580.810.70.120.30.530.85
0.620.610.480.270.640.580.460.450.550.590.181.00.390.30.590.45-0.130.430.540.290.78-0.260.170.410.48
1.00.960.810.720.970.980.940.50.890.590.670.590.940.630.740.930.130.620.770.760.810.110.60.70.77
0.670.770.840.930.550.660.820.040.650.180.670.180.810.580.490.660.580.570.70.460.60.640.610.660.77
0.620.610.480.270.640.580.470.450.561.00.590.180.390.30.590.45-0.130.430.540.290.78-0.260.170.410.48
0.940.910.860.840.880.950.930.30.890.390.940.810.390.690.670.940.290.650.760.780.730.270.670.770.77
0.630.580.540.520.50.590.59-0.290.380.30.630.580.30.690.820.460.520.960.840.260.690.170.950.950.28
0.740.760.560.430.640.670.730.050.490.590.740.490.590.670.820.530.060.890.940.270.88-0.040.830.860.38
0.930.870.780.730.940.970.870.550.940.450.930.660.450.940.460.530.070.450.590.920.670.120.420.60.77
0.130.140.390.580.030.110.19-0.410.08-0.130.130.58-0.130.290.520.060.070.420.28-0.010.160.690.450.410.3
0.630.60.550.50.50.580.6-0.230.410.430.620.570.430.650.960.890.450.420.910.210.810.130.90.960.32
0.770.820.720.670.650.710.820.050.580.540.770.70.540.760.840.940.590.280.910.320.920.250.840.890.59
0.770.670.630.580.80.840.670.560.810.290.760.460.290.780.260.270.92-0.010.210.320.440.050.20.410.63
0.830.850.730.630.780.790.790.30.70.780.810.60.780.730.690.880.670.160.810.920.440.10.620.810.68
0.10.230.340.670.010.080.32-0.130.12-0.260.110.64-0.260.270.17-0.040.120.690.130.250.050.10.280.170.51
0.590.590.50.530.430.530.64-0.310.30.170.60.610.170.670.950.830.420.450.90.840.20.620.280.880.27
0.710.680.650.610.580.690.68-0.180.530.410.70.660.410.770.950.860.60.410.960.890.410.810.170.880.4
0.780.850.860.890.770.780.840.570.850.480.770.770.480.770.280.380.770.30.320.590.630.680.510.270.4
Click cells to compare fundamentals

Boston Scientific Account Relationship Matchups

Boston Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.6B30.8B32.2B32.5B35.1B36.9B
Short Long Term Debt Total10.3B9.5B9.5B9.3B9.5B10.0B
Other Current Liab2.8B3.0B3.0B2.7B3.2B3.4B
Total Current Liabilities4.9B3.7B4.3B3.8B4.9B5.2B
Total Stockholder Equity13.9B15.3B16.6B17.6B19.3B20.2B
Property Plant And Equipment Net2.4B2.5B2.7B2.8B3.3B3.5B
Net Debt10.1B7.8B7.5B8.4B8.6B9.1B
Retained Earnings(2.3B)(2.4B)(1.4B)(750M)819M860.0M
Accounts Payable542M513M794M862M942M989.1M
Non Current Assets Total25.9B24.1B25.9B26.7B28.6B30.1B
Non Currrent Assets Other735M545M563M707M679M713.0M
Net Receivables1.9B1.5B1.8B2.0B2.2B2.3B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.5B1.2B
Liabilities And Stockholders Equity30.6B30.8B32.2B32.5B34.9B36.6B
Non Current Liabilities Total11.8B11.8B11.3B11.1B10.7B6.2B
Inventory1.6B1.4B1.6B1.9B2.5B2.6B
Other Current Assets324M410M385M350M333M426.3M
Other Stockholder Equity15.8B17.5B17.7B18.0B18.4B10.0B
Total Liab16.7B15.5B15.6B14.9B15.6B8.6B
Property Plant And Equipment Gross2.4B2.5B2.3B2.4B6.8B7.1B
Total Current Assets4.7B6.7B6.3B5.8B6.5B3.3B
Accumulated Other Comprehensive Income270M207M263M269M49M51.5M
Short Term Debt1.4B13M261M20M531M417.5M
Intangible Assets7.9B5.9B6.1B5.9B6.0B4.9B
Other Liab3.0B2.2B2.1B1.8B2.1B1.9B
Other Assets(2M)4.6B3M2M(1M)950K
Long Term Debt8.6B9.1B8.8B8.9B8.6B5.6B
Good Will10.2B10.0B12.0B12.9B14.4B8.6B
Property Plant Equipment2.1B2.1B2.3B2.8B3.3B1.7B
Current Deferred Revenue144M138M208M220M266M333.1M
Net Tangible Assets(4.2B)9.4B(1.7B)11.7B13.4B14.1B
Retained Earnings Total Equity(2.3B)(2.4B)(1.4B)(750M)(862.5M)(905.6M)
Long Term Debt Total8.6B9.1B8.8B8.9B10.3B6.6B

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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.
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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
1.19
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.