Resources Total Assets from 2010 to 2024

RGP Stock  USD 8.49  0.08  0.95%   
Resources Connection Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 389 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2000-06-30
Previous Quarter
510.9 M
Current Value
512.9 M
Quarterly Volatility
131 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Resources Connection financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Resources Connection's main balance sheet or income statement drivers, such as Interest Expense of 650.2 K, Total Revenue of 572.9 M or Gross Profit of 230.3 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0218 or PTB Ratio of 1.41. Resources financial statements analysis is a perfect complement when working with Resources Connection Valuation or Volatility modules.
  
Check out the analysis of Resources Connection Correlation against competitors.
To learn how to invest in Resources Stock, please use our How to Invest in Resources Connection guide.

Latest Resources Connection's Total Assets Growth Pattern

Below is the plot of the Total Assets of Resources Connection over the last few years. Total assets refers to the total amount of Resources Connection assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Resources Connection books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Resources Connection's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Resources Connection's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 510.91 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Resources Total Assets Regression Statistics

Arithmetic Mean451,896,880
Geometric Mean448,180,773
Coefficient Of Variation13.62
Mean Deviation50,694,613
Median428,370,000
Standard Deviation61,555,222
Sample Variance3789T
Range217.3M
R-Value0.43
Mean Square Error3320.1T
R-Squared0.19
Significance0.11
Slope5,941,805
Total Sum of Squares53046.6T

Resources Total Assets History

2024389 M
2023532 M
2022581.5 M
2021520.6 M
2020529.2 M
2019428.4 M
2018432.7 M

Other Fundumenentals of Resources Connection

Resources Connection Total Assets component correlations

0.540.650.2-0.360.040.770.83-0.170.28-0.48-0.210.85-0.42-0.2-0.21-0.17-0.19-0.150.03-0.060.52-0.340.430.57-0.54
0.54-0.29-0.47-0.370.130.050.77-0.61-0.48-0.580.270.120.310.24-0.260.380.350.380.20.38-0.120.470.390.4-0.2
0.65-0.290.64-0.1-0.070.830.260.350.76-0.03-0.480.86-0.76-0.45-0.03-0.54-0.53-0.52-0.18-0.410.7-0.810.140.31-0.45
0.2-0.470.640.34-0.390.52-0.190.270.420.31-0.480.48-0.39-0.450.33-0.27-0.26-0.20.19-0.130.38-0.53-0.06-0.03-0.01
-0.36-0.37-0.10.34-0.09-0.32-0.650.41-0.020.910.09-0.20.280.090.920.070.090.080.6-0.05-0.380.09-0.47-0.540.7
0.040.13-0.07-0.39-0.09-0.240.11-0.25-0.04-0.020.12-0.17-0.290.090.060.290.280.370.190.4-0.20.24-0.03-0.140.23
0.770.050.830.52-0.32-0.240.510.190.57-0.37-0.460.86-0.6-0.43-0.2-0.53-0.53-0.53-0.16-0.410.75-0.740.280.46-0.64
0.830.770.26-0.19-0.650.110.51-0.45-0.04-0.74-0.050.48-0.11-0.06-0.440.050.030.08-0.020.160.20.00.470.6-0.56
-0.17-0.610.350.270.41-0.250.19-0.450.480.45-0.130.14-0.09-0.080.38-0.83-0.81-0.83-0.17-0.740.27-0.57-0.45-0.340.13
0.28-0.480.760.42-0.02-0.040.57-0.040.480.09-0.570.58-0.75-0.55-0.04-0.62-0.6-0.6-0.34-0.470.68-0.93-0.3-0.03-0.38
-0.48-0.58-0.030.310.91-0.02-0.37-0.740.450.090.05-0.220.150.050.810.030.050.050.36-0.06-0.350.01-0.38-0.440.59
-0.210.27-0.48-0.480.090.12-0.46-0.05-0.13-0.570.05-0.340.631.00.120.340.330.250.20.07-0.550.630.13-0.040.31
0.850.120.860.48-0.2-0.170.860.480.140.58-0.22-0.34-0.63-0.32-0.16-0.43-0.44-0.44-0.21-0.340.78-0.670.380.56-0.61
-0.420.31-0.76-0.390.28-0.29-0.6-0.11-0.09-0.750.150.63-0.630.620.260.370.360.310.340.14-0.750.72-0.16-0.270.49
-0.20.24-0.45-0.450.090.09-0.43-0.06-0.08-0.550.051.0-0.320.620.120.290.280.190.160.0-0.510.60.12-0.030.29
-0.21-0.26-0.030.330.920.06-0.2-0.440.38-0.040.810.12-0.160.260.120.050.060.10.740.01-0.450.12-0.41-0.470.64
-0.170.38-0.54-0.270.070.29-0.530.05-0.83-0.620.030.34-0.430.370.290.051.00.940.460.67-0.640.750.17-0.020.34
-0.190.35-0.53-0.260.090.28-0.530.03-0.81-0.60.050.33-0.440.360.280.061.00.930.450.65-0.640.740.15-0.050.36
-0.150.38-0.52-0.20.080.37-0.530.08-0.83-0.60.050.25-0.440.310.190.10.940.930.540.88-0.650.750.15-0.050.36
0.030.2-0.180.190.60.19-0.16-0.02-0.17-0.340.360.2-0.210.340.160.740.460.450.540.43-0.590.42-0.24-0.390.64
-0.060.38-0.41-0.13-0.050.4-0.410.16-0.74-0.47-0.060.07-0.340.140.00.010.670.650.880.43-0.450.610.190.030.21
0.52-0.120.70.38-0.38-0.20.750.20.270.68-0.35-0.550.78-0.75-0.51-0.45-0.64-0.64-0.65-0.59-0.45-0.810.190.37-0.65
-0.340.47-0.81-0.530.090.24-0.740.0-0.57-0.930.010.63-0.670.720.60.120.750.740.750.420.61-0.810.18-0.070.46
0.430.390.14-0.06-0.47-0.030.280.47-0.45-0.3-0.380.130.38-0.160.12-0.410.170.150.15-0.240.190.190.180.93-0.58
0.570.40.31-0.03-0.54-0.140.460.6-0.34-0.03-0.44-0.040.56-0.27-0.03-0.47-0.02-0.05-0.05-0.390.030.37-0.070.93-0.81
-0.54-0.2-0.45-0.010.70.23-0.64-0.560.13-0.380.590.31-0.610.490.290.640.340.360.360.640.21-0.650.46-0.58-0.81
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About Resources Connection Financial Statements

Resources Connection shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Resources Connection investors may analyze each financial statement separately, they are all interrelated. The changes in Resources Connection's assets and liabilities, for example, are also reflected in the revenues and expenses on on Resources Connection's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets532 M389 M
Intangibles To Total Assets 0.44  0.42 

Pair Trading with Resources Connection

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 Resources Connection 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 Resources Connection will appreciate offsetting losses from the drop in the long position's value.

Moving against Resources Stock

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The ability to find closely correlated positions to Resources Connection could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resources Connection 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 Resources Connection - 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 Resources Connection to buy it.
The correlation of Resources Connection 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 Resources Connection moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resources Connection 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 Resources Connection 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.
Pair CorrelationCorrelation Matching

Additional Tools for Resources Stock Analysis

When running Resources Connection's price analysis, check to measure Resources Connection's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resources Connection is operating at the current time. Most of Resources Connection's value examination focuses on studying past and present price action to predict the probability of Resources Connection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resources Connection's price. Additionally, you may evaluate how the addition of Resources Connection to your portfolios can decrease your overall portfolio volatility.