BOSTON SCIENTIFIC (BSX.SG)
BOSTON SCIENTIFIC (BSX.SG) operates in Diversified Metals & Mining.
BOSTON SCIENTIFIC (BSX.SG) (BSX) - Net Assets
Latest net assets as of September 2024: €20.96 Billion EUR
Based on the latest financial reports, BOSTON SCIENTIFIC (BSX.SG) (BSX) has net assets worth €20.96 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€38.08 Billion) and total liabilities (€17.12 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €20.96 Billion |
| % of Total Assets | 55.03% |
| Annual Growth Rate | 16.44% |
| 5-Year Change | 40.74% |
| 10-Year Change | N/A |
| Growth Volatility | 17.98 |
BOSTON SCIENTIFIC (BSX.SG) - Net Assets Trend (2016–2023)
This chart illustrates how BOSTON SCIENTIFIC (BSX.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BOSTON SCIENTIFIC (BSX.SG) (2016–2023)
The table below shows the annual net assets of BOSTON SCIENTIFIC (BSX.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €19.53 Billion | +11.14% |
| 2022-12-31 | €17.57 Billion | +5.72% |
| 2021-12-31 | €16.62 Billion | +8.46% |
| 2020-12-31 | €15.33 Billion | +10.44% |
| 2019-12-31 | €13.88 Billion | +59.03% |
| 2018-12-31 | €8.73 Billion | +24.44% |
| 2017-12-31 | €7.01 Billion | +4.14% |
| 2016-12-31 | €6.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BOSTON SCIENTIFIC (BSX.SG)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 940000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €819.00 Million | 4.25% |
| Other Components | €18.46 Billion | 95.75% |
| Total Equity | €19.28 Billion | 100.00% |
BOSTON SCIENTIFIC (BSX.SG) Competitors by Market Cap
The table below lists competitors of BOSTON SCIENTIFIC (BSX.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REVITALIST L.A.W. LTD
F:4DO
|
$556.27K |
|
HWH International Inc
NASDAQ:HWH
|
$556.31K |
|
Fincanna Capital Corp
PINK:FNNZF
|
$556.48K |
|
Lionmesh Prima Tbk
JK:LMSH
|
$556.52K |
|
Clean & Carbon Energy S.A.
WAR:CCE
|
$555.76K |
|
STERICYCLE - Dusseldorf Stock Exchang
DU:SY9
|
$555.73K |
|
Quebec Rare Earth Elements Corp
PINK:QQREF
|
$555.54K |
|
Biora Therapeutics Inc
OTCMKTS:BIOR
|
$553.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BOSTON SCIENTIFIC (BSX.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 17,574,000,000 to 19,281,000,000, a change of 1,707,000,000 (9.7%).
- Net income of 1,593,000,000 contributed positively to equity growth.
- Dividend payments of 28,000,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.59 Billion | +8.26% |
| Dividends Paid | €28.00 Million | -0.15% |
| Other Changes | €142.00 Million | +0.74% |
| Total Change | €- | 9.71% |
Book Value vs Market Value Analysis
This analysis compares BOSTON SCIENTIFIC (BSX.SG)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.64x to 4.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.10 | €59.40 | x |
| 2018-12-31 | €6.30 | €59.40 | x |
| 2019-12-31 | €9.95 | €59.40 | x |
| 2020-12-31 | €10.82 | €59.40 | x |
| 2021-12-31 | €11.66 | €59.40 | x |
| 2022-12-31 | €12.26 | €59.40 | x |
| 2023-12-31 | €13.15 | €59.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BOSTON SCIENTIFIC (BSX.SG) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.19%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.82x
- Recent ROE (8.26%) is below the historical average (9.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.15% | 4.14% | 0.46x | 2.69x | €-326.30 Million |
| 2017 | 1.48% | 1.15% | 0.48x | 2.72x | €-597.10 Million |
| 2018 | 19.15% | 17.01% | 0.47x | 2.41x | €798.50 Million |
| 2019 | 33.87% | 43.78% | 0.35x | 2.20x | €3.31 Billion |
| 2020 | -0.54% | -0.83% | 0.32x | 2.01x | €-1.61 Billion |
| 2021 | 6.26% | 8.76% | 0.37x | 1.94x | €-621.30 Million |
| 2022 | 3.97% | 5.50% | 0.39x | 1.85x | €-1.06 Billion |
| 2023 | 8.26% | 11.19% | 0.41x | 1.82x | €-335.10 Million |
Industry Comparison
This section compares BOSTON SCIENTIFIC (BSX.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BOSTON SCIENTIFIC (BSX.SG) (BSX) | €20.96 Billion | 5.15% | 0.82x | $555.95K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |