Bio Capital Surpluse vs Net Debt Analysis

TECH Stock

USD 75.93 1.52 2.04%

Bio Techne financial indicator trend analysis is way more than just evaluating Bio Techne Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bio Techne Corp is a good investment. Please check the relationship between Bio Techne Capital Surpluse and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bio Techne Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Capital Surpluse vs Net Debt

Capital Surpluse vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bio Techne Corp Capital Surpluse account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Bio Techne's Capital Surpluse and Net Debt is 0.59. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Debt in the same time period over historical financial statements of Bio Techne Corp, assuming nothing else is changed. The correlation between historical values of Bio Techne's Capital Surpluse and Net 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 Capital Surpluse of Bio Techne Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Surpluse i.e., Bio Techne's Capital Surpluse and Net Debt go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Surpluse

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Bio Techne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bio Techne 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Bio Techne Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

The Bio Techne's current Selling General Administrative is estimated to increase to about 416.7 M. The Bio Techne's current Tax Provision is estimated to increase to about 24.5 M

	2021	2022	2023	2024 (projected)
Total Revenue	1.1B	1.1B	1.2B	1.2B
Depreciation And Amortization	101.1M	107.2M	111.7M	117.3M

Total Revenue Depreciation And Amortization

Bio Techne fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments
Total Assets		0.89	0.5	0.93	0.98	0.97	0.74	0.98	0.24	0.99	0.28	0.06	0.98	0.93	0.91	0.98	0.92	0.95	0.93	0.87	0.63	0.62	0.89	0.88	0.73	-0.39
Short Long Term Debt Total	0.89		0.32	0.86	0.79	0.76	0.93	0.83	0.06	0.91	0.19	-0.09	0.84	0.76	0.99	0.81	0.75	0.75	0.99	0.65	0.63	0.71	0.96	0.64	0.49	-0.35
Other Current Liab	0.5	0.32		0.55	0.52	0.49	0.26	0.46	-0.02	0.5	-0.09	-0.06	0.56	0.42	0.38	0.51	0.64	0.54	0.42	0.45	-0.04	-0.17	0.24	0.72	0.7	-0.23
Total Current Liabilities	0.93	0.86	0.55		0.89	0.88	0.74	0.87	0.18	0.93	0.04	0.02	0.91	0.86	0.88	0.88	0.81	0.88	0.92	0.78	0.7	0.71	0.88	0.78	0.57	-0.34
Total Stockholder Equity	0.98	0.79	0.52	0.89		0.99	0.62	0.98	0.31	0.96	0.34	0.13	0.97	0.94	0.82	0.99	0.92	0.97	0.85	0.91	0.6	0.54	0.8	0.91	0.79	-0.37
Property Plant And Equipment Net	0.97	0.76	0.49	0.88	0.99		0.59	0.96	0.32	0.95	0.35	0.13	0.94	0.92	0.79	0.97	0.91	0.98	0.82	0.9	0.65	0.55	0.78	0.91	0.77	-0.37
Net Debt	0.74	0.93	0.26	0.74	0.62	0.59		0.65	-0.3	0.8	0.12	-0.4	0.72	0.55	0.92	0.66	0.62	0.6	0.91	0.37	0.46	0.62	0.89	0.51	0.4	-0.37
Retained Earnings	0.98	0.83	0.46	0.87	0.98	0.96	0.65		0.33	0.96	0.3	0.17	0.94	0.96	0.85	0.95	0.88	0.91	0.87	0.91	0.6	0.6	0.85	0.85	0.71	-0.31
Cash	0.24	0.06	-0.02	0.18	0.31	0.32	-0.3	0.33		0.15	0.18	0.85	0.15	0.39	0.05	0.22	0.17	0.24	0.08	0.61	0.43	0.26	0.1	0.16	0.08	0.11
Non Current Assets Total	0.99	0.91	0.5	0.93	0.96	0.95	0.8	0.96	0.15		0.27	-0.05	0.98	0.9	0.93	0.97	0.91	0.94	0.95	0.81	0.6	0.62	0.91	0.87	0.73	-0.45
Non Currrent Assets Other	0.28	0.19	-0.09	0.04	0.34	0.35	0.12	0.3	0.18	0.27		0.01	0.28	0.2	0.15	0.37	0.27	0.36	0.14	0.28	0.0	0.04	0.12	0.24	0.51	-0.24
Cash And Short Term Investments	0.06	-0.09	-0.06	0.02	0.13	0.13	-0.4	0.17	0.85	-0.05	0.01		-0.07	0.3	-0.12	0.01	-0.05	0.03	-0.1	0.51	0.38	0.11	-0.09	-0.04	-0.13	0.6
Net Receivables	0.98	0.84	0.56	0.91	0.97	0.94	0.72	0.94	0.15	0.98	0.28	-0.07		0.88	0.86	0.98	0.93	0.96	0.89	0.82	0.51	0.55	0.84	0.9	0.8	-0.49
Common Stock Shares Outstanding	0.93	0.76	0.42	0.86	0.94	0.92	0.55	0.96	0.39	0.9	0.2	0.3	0.88		0.77	0.89	0.79	0.87	0.81	0.92	0.67	0.61	0.81	0.79	0.6	-0.17
Non Current Liabilities Total	0.91	0.99	0.38	0.88	0.82	0.79	0.92	0.85	0.05	0.93	0.15	-0.12	0.86	0.77		0.83	0.79	0.77	1.0	0.66	0.61	0.68	0.97	0.69	0.53	-0.4
Inventory	0.98	0.81	0.51	0.88	0.99	0.97	0.66	0.95	0.22	0.97	0.37	0.01	0.98	0.89	0.83		0.94	0.99	0.86	0.86	0.56	0.53	0.8	0.92	0.82	-0.44
Other Current Assets	0.92	0.75	0.64	0.81	0.92	0.91	0.62	0.88	0.17	0.91	0.27	-0.05	0.93	0.79	0.79	0.94		0.94	0.81	0.8	0.45	0.33	0.71	0.96	0.86	-0.5
Other Stockholder Equity	0.95	0.75	0.54	0.88	0.97	0.98	0.6	0.91	0.24	0.94	0.36	0.03	0.96	0.87	0.77	0.99	0.94		0.81	0.86	0.58	0.49	0.74	0.94	0.83	-0.44
Total Liab	0.93	0.99	0.42	0.92	0.85	0.82	0.91	0.87	0.08	0.95	0.14	-0.1	0.89	0.81	1.0	0.86	0.81	0.81		0.7	0.64	0.7	0.97	0.72	0.55	-0.4
Total Current Assets	0.87	0.65	0.45	0.78	0.91	0.9	0.37	0.91	0.61	0.81	0.28	0.51	0.82	0.92	0.66	0.86	0.8	0.86	0.7		0.64	0.49	0.65	0.78	0.65	-0.09
Short Term Debt	0.63	0.63	-0.04	0.7	0.6	0.65	0.46	0.6	0.43	0.6	0.0	0.38	0.51	0.67	0.61	0.56	0.45	0.58	0.64	0.64		0.81	0.69	0.38	0.05	0.07
Accounts Payable	0.62	0.71	-0.17	0.71	0.54	0.55	0.62	0.6	0.26	0.62	0.04	0.11	0.55	0.61	0.68	0.53	0.33	0.49	0.7	0.49	0.81		0.82	0.22	-0.01	-0.16
Intangible Assets	0.89	0.96	0.24	0.88	0.8	0.78	0.89	0.85	0.1	0.91	0.12	-0.09	0.84	0.81	0.97	0.8	0.71	0.74	0.97	0.65	0.69	0.82		0.62	0.41	-0.39
Property Plant And Equipment Gross	0.88	0.64	0.72	0.78	0.91	0.91	0.51	0.85	0.16	0.87	0.24	-0.04	0.9	0.79	0.69	0.92	0.96	0.94	0.72	0.78	0.38	0.22	0.62		0.89	-0.47
Common Stock Total Equity	0.73	0.49	0.7	0.57	0.79	0.77	0.4	0.71	0.08	0.73	0.51	-0.13	0.8	0.6	0.53	0.82	0.86	0.83	0.55	0.65	0.05	-0.01	0.41	0.89		-0.51
Short Term Investments	-0.39	-0.35	-0.23	-0.34	-0.37	-0.37	-0.37	-0.31	0.11	-0.45	-0.24	0.6	-0.49	-0.17	-0.4	-0.44	-0.5	-0.44	-0.4	-0.09	0.07	-0.16	-0.39	-0.47	-0.51

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Bio Techne Account Relationship Matchups

Bio Techne fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.3B	2.3B	2.6B	2.8B	3.0B
Short Long Term Debt Total	433.5M	420.6M	326.0M	455.0M	419.5M	440.5M
Other Current Liab	8.3M	13.2M	14.5M	16.9M	80.6M	84.6M
Total Current Liabilities	106.7M	152.3M	176.0M	128.5M	159.4M	167.3M
Total Stockholder Equity	1.4B	1.6B	1.7B	2.0B	2.1B	2.2B
Property Plant And Equipment Net	248.3M	281.7M	288.8M	324.5M	342.4M	359.6M
Net Debt	286.9M	221.5M	153.4M	274.4M	267.7M	281.1M
Retained Earnings	1.1B	1.1B	1.1B	1.3B	1.3B	1.4B
Cash	146.6M	199.1M	172.6M	180.6M	151.8M	89.5M
Non Current Assets Total	1.5B	1.8B	1.7B	2.0B	2.2B	2.3B
Non Currrent Assets Other	13.5M	11.6M	(88.2M)	285.3M	12.1M	16.3M
Cash And Short Term Investments	270.9M	231.6M	247.0M	204.3M	152.9M	137.1M
Net Receivables	122.5M	145.4M	194.5M	218.5M	241.4M	253.5M
Common Stock Shares Outstanding	157.6M	161.9M	164.1M	161.9M	160.8M	169.2M
Liabilities And Stockholders Equity	2.0B	2.3B	2.3B	2.6B	2.8B	3.0B
Non Current Liabilities Total	539.7M	539.4M	417.8M	543.7M	585.0M	614.2M
Inventory	103.2M	116.7M	141.1M	171.6M	179.7M	188.7M
Other Current Assets	24.3M	16.9M	22.9M	27.1M	43.4M	45.6M
Other Stockholder Equity	420.5M	542.7M	652.9M	721.5M	820.3M	861.4M
Total Liab	646.4M	691.7M	593.8M	672.2M	744.3M	781.6M
Total Current Assets	520.9M	510.6M	605.6M	621.5M	617.4M	648.3M
Short Term Debt	22.0M	24.1M	24.4M	11.2M	12.9M	7.6M
Accounts Payable	63.3M	96.0M	113.7M	77.3M	38.0M	23.7M
Intangible Assets	516.5M	616.0M	531.5M	534.6M	507.1M	532.4M
Property Plant And Equipment Gross	248.3M	281.7M	288.8M	324.5M	599.0M	628.9M
Accumulated Other Comprehensive Income	(97.2M)	(57.3M)	(75.2M)	(66.1M)	(78.3M)	(74.4M)
Common Stock Total Equity	385K	390K	392K	1.6M	1.8M	1.9M
Short Term Investments	124.3M	32.5M	74.5M	23.7M	1.1M	1.0M
Common Stock	385K	390K	392K	1.6M	1.6M	1.7M
Other Liab	110.9M	143.0M	116.2M	99.9M	114.9M	97.2M
Other Assets	13.5M	11.6M	46.8M	12.6M	14.5M	8.8M
Long Term Debt	344.2M	328.8M	243.4M	350M	319M	335.0M
Property Plant Equipment	248.3M	281.7M	288.8M	226.2M	260.1M	139.9M
Good Will	728.3M	843.1M	822.1M	872.7M	972.7M	1.0B
Current Deferred Revenue	13.0M	19.0M	23.4M	23.1M	27.9M	29.3M
Net Tangible Assets	136.3M	112.2M	347.4M	652.9M	587.6M	617.0M
Retained Earnings Total Equity	1.1B	1.1B	1.1B	1.3B	1.5B	812.3M
Capital Surpluse	420.5M	534.4M	653.7M	721.5M	829.8M	871.3M
Deferred Long Term Liab	101.1M	93.1M	99.0M	89.0M	102.3M	67.5M

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When determining whether Bio Techne Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Techne'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 Bio Techne Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Techne Corp Stock:

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bio Techne Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Life Sciences Tools & Services space 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 Bio Techne. If investors know Bio 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 Bio Techne 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

(0.32)

Dividend Share

0.32

Earnings Share

0.95

Revenue Per Share

7.424

Quarterly Revenue Growth

0.045

The market value of Bio Techne Corp is measured differently than its book value, which is the value of Bio that is recorded on the company's balance sheet. Investors also form their own opinion of Bio Techne's value that differs from its market value or its book value, called intrinsic value, which is Bio Techne'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 Bio Techne's market value can be influenced by many factors that don't directly affect Bio Techne'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 Bio Techne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Techne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Techne'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.

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Bio Capital Surpluse vs Net Debt Analysis

Capital Surpluse vs Net Debt

Capital Surpluse vs Net Debt Correlation Analysis

Correlation Coefficient

Capital Surpluse

Net Debt

Bio Techne fundamental ratios Correlations

Bio Techne Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bio Techne fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Total Stockholder Equity

Short Term Investments	- 0.51	Common Stock Total Equity
Short Term Investments	- 0.5	Other Current Assets
Short Term Investments	- 0.49	Net Receivables
Short Term Investments	- 0.47	Property Plant And Equipment Gross
Short Term Investments	- 0.45	Non Current Assets Total
Short Term Investments	- 0.44	Other Stockholder Equity