Bio Long Term Debt vs Net Tangible Assets Analysis

TECH Stock

USD 58.55 0.23 0.39%

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 Long Term Debt and its Net Tangible Assets 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.

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bio Techne Corp Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Bio Techne's Long Term Debt and Net Tangible Assets is -0.38. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible 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 Bio Techne Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Bio Techne's Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Bio Techne Corp has held for over one year. Long-term debt appears on Bio Techne Corp 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 Bio Techne Corp 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.

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.

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.

As of now, Bio Techne's Selling General Administrative is increasing as compared to previous years. The Bio Techne's current Tax Provision is estimated to increase to about 24.5 M, while Sales General And Administrative To Revenue is projected to decrease to 0.17.

	2022	2023	2024	2025 (projected)
Total Revenue	1.1B	1.2B	1.3B	1.4B
Depreciation And Amortization	107.2M	111.7M	128.5M	134.9M

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		0.9	0.74	0.95	0.98	0.97	0.76	0.98	0.26	0.99	0.27	0.02	0.98	0.91	0.87	0.98	0.91	0.96	0.91	0.9	0.85	0.73	0.9	0.89	0.8	-0.46
Short Long Term Debt Total	0.9		0.7	0.87	0.81	0.79	0.93	0.85	0.08	0.92	0.19	-0.11	0.85	0.75	0.99	0.83	0.75	0.78	0.99	0.7	0.74	0.68	0.97	0.68	0.58	-0.42
Other Current Liab	0.74	0.7		0.87	0.7	0.69	0.64	0.69	0.06	0.75	-0.08	-0.05	0.74	0.67	0.69	0.68	0.68	0.69	0.75	0.63	0.61	0.33	0.69	0.68	0.55	-0.29
Total Current Liabilities	0.95	0.87	0.87		0.91	0.91	0.76	0.9	0.19	0.95	0.05	-0.02	0.93	0.85	0.86	0.91	0.83	0.9	0.91	0.82	0.86	0.68	0.89	0.82	0.67	-0.43
Total Stockholder Equity	0.98	0.81	0.7	0.91		0.99	0.65	0.99	0.31	0.97	0.31	0.07	0.98	0.93	0.77	0.99	0.93	0.98	0.82	0.93	0.83	0.71	0.82	0.94	0.85	-0.46
Property Plant And Equipment Net	0.97	0.79	0.69	0.91	0.99		0.63	0.97	0.32	0.96	0.32	0.07	0.96	0.91	0.75	0.98	0.92	0.98	0.81	0.92	0.88	0.67	0.8	0.93	0.84	-0.45
Net Debt	0.76	0.93	0.64	0.76	0.65	0.63		0.68	-0.26	0.81	0.12	-0.41	0.72	0.57	0.93	0.69	0.63	0.63	0.92	0.44	0.58	0.6	0.89	0.55	0.47	-0.42
Retained Earnings	0.98	0.85	0.69	0.9	0.99	0.97	0.68		0.32	0.97	0.28	0.1	0.96	0.94	0.82	0.96	0.9	0.94	0.86	0.93	0.81	0.73	0.86	0.89	0.8	-0.41
Cash	0.26	0.08	0.06	0.19	0.31	0.32	-0.26	0.32		0.17	0.18	0.83	0.19	0.39	0.08	0.23	0.17	0.25	0.11	0.57	0.36	0.12	0.11	0.18	0.14	0.06
Non Current Assets Total	0.99	0.92	0.75	0.95	0.97	0.96	0.81	0.97	0.17		0.26	-0.08	0.98	0.89	0.9	0.97	0.9	0.95	0.93	0.85	0.83	0.73	0.92	0.88	0.78	-0.51
Non Currrent Assets Other	0.27	0.19	-0.08	0.05	0.31	0.32	0.12	0.28	0.18	0.26		0.01	0.26	0.18	0.16	0.33	0.23	0.32	0.14	0.26	0.17	-0.08	0.13	0.21	0.49	-0.24
Cash And Short Term Investments	0.02	-0.11	-0.05	-0.02	0.07	0.07	-0.41	0.1	0.83	-0.08	0.01		-0.09	0.2	-0.11	-0.03	-0.11	-0.02	-0.09	0.41	0.2	-0.09	-0.11	-0.07	-0.14	0.59
Net Receivables	0.98	0.85	0.74	0.93	0.98	0.96	0.72	0.96	0.19	0.98	0.26	-0.09		0.89	0.81	0.99	0.94	0.97	0.85	0.87	0.78	0.73	0.84	0.93	0.86	-0.56
Common Stock Shares Outstanding	0.91	0.75	0.67	0.85	0.93	0.91	0.57	0.94	0.39	0.89	0.18	0.2	0.89		0.72	0.89	0.83	0.88	0.77	0.9	0.79	0.66	0.78	0.84	0.72	-0.3
Non Current Liabilities Total	0.87	0.99	0.69	0.86	0.77	0.75	0.93	0.82	0.08	0.9	0.16	-0.11	0.81	0.72		0.78	0.7	0.73	0.99	0.66	0.72	0.67	0.98	0.62	0.51	-0.4
Inventory	0.98	0.83	0.68	0.91	0.99	0.98	0.69	0.96	0.23	0.97	0.33	-0.03	0.99	0.89	0.78		0.94	0.99	0.83	0.9	0.82	0.72	0.81	0.94	0.88	-0.52
Other Current Assets	0.91	0.75	0.68	0.83	0.93	0.92	0.63	0.9	0.17	0.9	0.23	-0.11	0.94	0.83	0.7	0.94		0.94	0.74	0.82	0.72	0.63	0.73	0.97	0.89	-0.58
Other Stockholder Equity	0.96	0.78	0.69	0.9	0.98	0.98	0.63	0.94	0.25	0.95	0.32	-0.02	0.97	0.88	0.73	0.99	0.94		0.78	0.89	0.85	0.67	0.76	0.95	0.88	-0.51
Total Liab	0.91	0.99	0.75	0.91	0.82	0.81	0.92	0.86	0.11	0.93	0.14	-0.09	0.85	0.77	0.99	0.83	0.74	0.78		0.71	0.77	0.69	0.98	0.68	0.56	-0.42
Total Current Assets	0.9	0.7	0.63	0.82	0.93	0.92	0.44	0.93	0.57	0.85	0.26	0.41	0.87	0.9	0.66	0.9	0.82	0.89	0.71		0.82	0.62	0.69	0.84	0.75	-0.22
Short Term Debt	0.85	0.74	0.61	0.86	0.83	0.88	0.58	0.81	0.36	0.83	0.17	0.2	0.78	0.79	0.72	0.82	0.72	0.85	0.77	0.82		0.56	0.77	0.73	0.52	-0.25
Accounts Payable	0.73	0.68	0.33	0.68	0.71	0.67	0.6	0.73	0.12	0.73	-0.08	-0.09	0.73	0.66	0.67	0.72	0.63	0.67	0.69	0.62	0.56		0.71	0.65	0.52	-0.43
Intangible Assets	0.9	0.97	0.69	0.89	0.82	0.8	0.89	0.86	0.11	0.92	0.13	-0.11	0.84	0.78	0.98	0.81	0.73	0.76	0.98	0.69	0.77	0.71		0.66	0.51	-0.45
Property Plant And Equipment Gross	0.89	0.68	0.68	0.82	0.94	0.93	0.55	0.89	0.18	0.88	0.21	-0.07	0.93	0.84	0.62	0.94	0.97	0.95	0.68	0.84	0.73	0.65	0.66		0.92	-0.53
Common Stock Total Equity	0.8	0.58	0.55	0.67	0.85	0.84	0.47	0.8	0.14	0.78	0.49	-0.14	0.86	0.72	0.51	0.88	0.89	0.88	0.56	0.75	0.52	0.52	0.51	0.92		-0.57
Short Term Investments	-0.46	-0.42	-0.29	-0.43	-0.46	-0.45	-0.42	-0.41	0.06	-0.51	-0.24	0.59	-0.56	-0.3	-0.4	-0.52	-0.58	-0.51	-0.42	-0.22	-0.25	-0.43	-0.45	-0.53	-0.57

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Bio Techne Account Relationship Matchups

Bio Techne fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	2.3B	2.6B	2.7B	3.1B	3.3B
Short Long Term Debt Total	420.6M	326.0M	455.0M	419.5M	482.5M	506.6M
Other Current Liab	62.9M	69.2M	45.3M	76.9M	88.4M	92.8M
Total Current Liabilities	152.3M	176.0M	128.5M	159.4M	183.3M	192.5M
Total Stockholder Equity	1.6B	1.7B	2.0B	2.1B	2.4B	2.5B
Property Plant And Equipment Net	281.7M	288.8M	324.5M	342.4M	393.8M	413.5M
Net Debt	221.5M	153.4M	274.4M	267.7M	307.9M	323.3M
Retained Earnings	1.1B	1.1B	1.3B	1.3B	1.5B	1.6B
Cash	199.1M	172.6M	180.6M	151.8M	174.6M	89.5M
Non Current Assets Total	1.8B	1.7B	2.0B	2.1B	2.4B	2.5B
Non Currrent Assets Other	11.6M	(88.2M)	285.3M	12.1M	13.9M	16.3M
Cash And Short Term Investments	231.6M	247.0M	204.3M	152.9M	175.8M	137.1M
Net Receivables	145.4M	194.5M	218.5M	241.4M	277.6M	291.5M
Common Stock Shares Outstanding	161.9M	164.1M	161.9M	160.8M	184.9M	169.2M
Liabilities And Stockholders Equity	2.3B	2.3B	2.6B	2.7B	3.1B	3.3B
Non Current Liabilities Total	539.4M	417.8M	543.7M	475.6M	547.0M	574.3M
Inventory	116.7M	141.1M	171.6M	179.7M	206.7M	217.0M
Other Current Assets	16.9M	22.9M	27.1M	43.4M	49.9M	52.4M
Other Stockholder Equity	534.4M	653.7M	721.5M	820.3M	943.4M	990.6M
Total Liab	691.7M	593.8M	672.2M	635.0M	730.3M	766.8M
Total Current Assets	510.6M	605.6M	621.5M	617.4M	710.0M	745.5M
Short Term Debt	35.7M	36.4M	22.4M	25.8M	29.7M	31.2M
Accounts Payable	29.4M	33.9M	25.7M	38.0M	43.7M	45.8M
Intangible Assets	616.0M	531.5M	534.6M	507.1M	583.1M	612.3M
Property Plant And Equipment Gross	281.7M	288.8M	324.5M	599.0M	688.8M	723.3M
Accumulated Other Comprehensive Income	(57.3M)	(75.2M)	(66.1M)	(78.3M)	(70.5M)	(67.0M)
Common Stock Total Equity	385K	390K	392K	1.6M	1.8M	1.9M
Short Term Investments	32.5M	74.5M	23.7M	1.1M	1.2M	1.2M
Common Stock	390K	392K	1.6M	1.6M	1.8M	1.9M
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	328.8M	243.4M	350M	319M	366.9M	385.2M
Property Plant Equipment	248.3M	281.7M	288.8M	226.2M	260.1M	139.9M
Good Will	843.1M	822.1M	872.7M	972.7M	1.1B	1.2B
Current Deferred Revenue	19.0M	23.4M	23.1M	27.9M	32.1M	33.7M
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:

How To Invest In Bio

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Is Bio Stock a good investment?

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What is Bio Techne's Net Worth?

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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

(0.55)

Dividend Share

0.32

Earnings Share

0.83

Revenue Per Share

7.648

Quarterly Revenue Growth

0.042

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 Long Term Debt vs Net Tangible Assets Analysis

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Tangible Assets

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

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
Retained Earnings	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Total Stockholder Equity

Short Term Investments	- 0.58	Other Current Assets
Short Term Investments	- 0.57	Common Stock Total Equity
Short Term Investments	- 0.56	Net Receivables
Short Term Investments	- 0.53	Property Plant And Equipment Gross
Short Term Investments	- 0.52	Inventory
Short Term Investments	- 0.51	Other Stockholder Equity