RGC Cash Flow Coverage Ratios from 2010 to 2024
| RGCO Stock | USD 21.24 0.13 0.61% |
Cash Flow Coverage Ratios | First Reported 2010-12-31 | Previous Quarter 0.19 | Current Value 0.25 | Quarterly Volatility 0.10607862 |
Check RGC Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RGC Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Interest Expense of 6.8 M or Total Revenue of 85.2 M, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0563 or PTB Ratio of 1.33. RGC financial statements analysis is a perfect complement when working with RGC Resources Valuation or Volatility modules.
RGC | Cash Flow Coverage Ratios |
Latest RGC Resources' Cash Flow Coverage Ratios Growth Pattern
Below is the plot of the Cash Flow Coverage Ratios of RGC Resources over the last few years. It is RGC Resources' Cash Flow Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RGC Resources' overall financial position and show how it may be relating to other accounts over time.
| Cash Flow Coverage Ratios | 10 Years Trend |
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Cash Flow Coverage Ratios |
| Timeline |
RGC Cash Flow Coverage Ratios Regression Statistics
| Arithmetic Mean | 0.22 | |
| Geometric Mean | 0.20 | |
| Coefficient Of Variation | 47.57 | |
| Mean Deviation | 0.08 | |
| Median | 0.19 | |
| Standard Deviation | 0.11 | |
| Sample Variance | 0.01 | |
| Range | 0.3403 | |
| R-Value | (0.57) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.33 | |
| Significance | 0.03 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.16 |
RGC Cash Flow Coverage Ratios History
About RGC Resources Financial Statements
RGC Resources investors utilize fundamental indicators, such as Cash Flow Coverage Ratios, to predict how RGC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Flow Coverage Ratios | 0.19 | 0.25 |
Pair Trading with RGC Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RGC Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RGC Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to RGC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RGC Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RGC Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RGC Resources to buy it.
The correlation of RGC Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RGC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RGC Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RGC Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of RGC Resources Correlation against competitors. To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Gas Utilities 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 RGC Resources. If investors know RGC 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 RGC Resources 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 (0.90) | Earnings Share 1.16 | Revenue Per Share 8.337 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0342 |
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' 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 RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' 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 RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' 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.