BioLineRx Net Tangible Assets vs Long Term Debt Analysis
BLRX Stock | USD 3.87 0.11 2.76% |
BioLineRx financial indicator trend analysis is way more than just evaluating BioLineRx prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BioLineRx is a good investment. Please check the relationship between BioLineRx Net Tangible Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioLineRx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy BioLineRx Stock please use our How to Invest in BioLineRx guide.
Net Tangible Assets vs Long Term Debt
Net Tangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioLineRx Net Tangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between BioLineRx's Net Tangible Assets and Long Term Debt is 0.3. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of BioLineRx, assuming nothing else is changed. The correlation between historical values of BioLineRx's Net Tangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of BioLineRx are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Tangible Assets i.e., BioLineRx's Net Tangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Long Term Debt
Long-term debt is a debt that BioLineRx has held for over one year. Long-term debt appears on BioLineRx 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 BioLineRx 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.Most indicators from BioLineRx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BioLineRx 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 BioLineRx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy BioLineRx Stock please use our How to Invest in BioLineRx guide.Selling General Administrative is likely to rise to about 19.4 M in 2025. Issuance Of Capital Stock is likely to rise to about 22.1 M in 2025
BioLineRx fundamental ratios Correlations
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BioLineRx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BioLineRx fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 47.3M | 81.4M | 76.4M | 63.9M | 38.9M | 51.4M | |
Other Current Liab | 1.4M | 1.2M | 1.7M | 15.3M | 4.8M | 3.3M | |
Total Current Liabilities | 10.6M | 9.7M | 10.7M | 42.8M | 15.4M | 10.8M | |
Total Stockholder Equity | 22.0M | 68.1M | 50.8M | 13.2M | 13.5M | 12.8M | |
Property Plant And Equipment Net | 2.7M | 2.3M | 2.5M | 1.9M | 1.4M | 2.0M | |
Net Debt | (9.1M) | (8.3M) | 1.7M | 7.3M | 4.6M | 4.8M | |
Retained Earnings | (278.0M) | (305.0M) | (330.0M) | (390.6M) | (399.8M) | (379.8M) | |
Accounts Payable | 5.9M | 5.6M | 7.0M | 10.9M | 5.6M | 5.1M | |
Cash | 16.8M | 13.0M | 10.6M | 4.3M | 10.4M | 9.1M | |
Non Current Assets Total | 24.4M | 24.0M | 24.4M | 16.7M | 11.8M | 11.8M | |
Non Currrent Assets Other | 56K | 25.4M | 21.4M | (1.0) | (1.15) | (1.09) | |
Cash And Short Term Investments | 22.6M | 57.1M | 51.1M | 43.0M | 19.6M | 37.2M | |
Net Receivables | 141K | 142K | 721K | 708K | 3.9M | 4.1M | |
Common Stock Shares Outstanding | 16.9M | 44.2M | 51.6M | 64.2M | 79.9M | 83.9M | |
Short Term Investments | 5.8M | 44.1M | 40.5M | 38.7M | 9.1M | 8.7M | |
Liabilities And Stockholders Equity | 47.3M | 81.4M | 76.4M | 63.9M | 38.9M | 51.4M | |
Non Current Liabilities Total | 14.6M | 3.6M | 14.9M | 19.9M | 10.0M | 6.3M | |
Other Current Assets | 152K | 269.0 | 919.0 | 1.5M | 534K | 288.6K | |
Other Stockholder Equity | 279.2M | 339.3M | 339.0M | 355.5M | 359.1M | 237.4M | |
Total Liab | 25.3M | 13.3M | 25.5M | 50.7M | 25.4M | 16.0M | |
Total Current Assets | 22.9M | 57.4M | 52.0M | 47.2M | 27.1M | 39.6M | |
Accumulated Other Comprehensive Income | 10.9M | 12.7M | 14.8M | 17.0M | 16.1M | 11.8M | |
Intangible Assets | 21.7M | 21.7M | 21.9M | 14.9M | 10.4M | 9.4M | |
Common Stock | 9.9M | 21.1M | 27.1M | 31.4M | 38.1M | 40.0M | |
Short Long Term Debt Total | 7.7M | 4.7M | 12.3M | 11.6M | 15.0M | 15.8M | |
Other Liab | 323K | 658K | 10.2M | 1.9M | 2.1M | 2.2M | |
Long Term Debt | 5.8M | 2.7M | 8.6M | 6.6M | 9.0M | 9.4M | |
Short Term Debt | 3.3M | 2.9M | 2.0M | 3.7M | 5.0M | 5.3M | |
Property Plant Equipment | 2.2M | 3.5M | 2.7M | 2.3M | 2.6M | 2.1M | |
Current Deferred Revenue | 1.3M | 1.3M | 3K | 13.0M | 14.9M | 15.6M | |
Property Plant And Equipment Gross | 2.7M | 6.8M | 2.5M | 7.4M | 6.3M | 3.4M | |
Inventory | 151.7K | 126.7K | 197.1K | 2.0M | 3.1M | 3.3M | |
Net Tangible Assets | 19.3M | 11.5M | 316K | 46.4M | 41.7M | 22.1M | |
Short Long Term Debt | 3.1M | 2.8M | 1.5M | 3.1M | 4.5M | 4.7M | |
Net Invested Capital | 27.9M | 70.8M | 61.0M | 23.0M | 26.9M | 35.5M | |
Net Working Capital | 12.2M | 47.7M | 41.3M | 16.3M | 11.7M | 21.4M | |
Capital Stock | 9.9M | 21.1M | 27.1M | 31.4M | 38.1M | 21.3M | |
Capital Lease Obligations | 1.9M | 1.9M | 2.2M | 1.8M | 1.6M | 1.5M |
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