Republic Good Will vs Intangible Assets Analysis

0KW1 Stock   217.94  1.15  0.52%   
Republic Services financial indicator trend analysis is much more than just breaking down Republic Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Republic Services is a good investment. Please check the relationship between Republic Services Good Will and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Republic Stock please use our How to Invest in Republic Services guide.

Good Will vs Intangible Assets

Good Will vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Republic Services Good Will account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Republic Services' Good Will and Intangible Assets is -0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Republic Services, assuming nothing else is changed. The correlation between historical values of Republic Services' Good Will and Intangible 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 Good Will of Republic Services are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Good Will i.e., Republic Services' Good Will and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Republic Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Republic Services 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Republic Stock please use our How to Invest in Republic Services guide.Tax Provision is likely to gain to about 239.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 769.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.6B5.3B6.0B6.3B
Total Revenue11.3B13.5B15.0B15.7B

Republic Services fundamental ratios Correlations

0.760.950.590.981.00.770.670.66-0.681.0-0.680.670.51.00.31-0.051.00.890.11-0.60.060.530.990.990.84
0.760.730.930.710.771.00.950.97-0.580.75-0.580.980.320.750.22-0.220.770.710.47-0.310.150.320.830.80.8
0.950.730.580.950.930.750.60.63-0.70.95-0.70.670.610.940.320.10.940.810.07-0.530.060.620.930.960.75
0.590.930.580.520.610.920.940.96-0.370.58-0.370.960.080.570.19-0.410.620.660.75-0.140.130.130.680.630.76
0.980.710.950.520.970.730.590.58-0.760.99-0.760.610.640.980.330.110.970.80.0-0.670.080.650.960.990.74
1.00.770.930.610.970.780.70.68-0.671.0-0.670.690.450.990.28-0.111.00.90.14-0.60.050.480.990.980.87
0.771.00.750.920.730.780.940.96-0.610.77-0.610.980.340.770.22-0.20.780.710.45-0.340.150.340.840.820.79
0.670.950.60.940.590.70.940.97-0.430.66-0.430.950.040.670.1-0.50.70.720.59-0.210.190.050.750.690.85
0.660.970.630.960.580.680.960.97-0.410.65-0.410.990.110.660.16-0.390.690.710.58-0.110.170.140.750.690.82
-0.68-0.58-0.7-0.37-0.76-0.67-0.61-0.43-0.41-0.71.0-0.45-0.78-0.68-0.18-0.36-0.64-0.30.110.83-0.17-0.68-0.67-0.75-0.32
1.00.750.950.580.991.00.770.660.65-0.7-0.70.670.531.00.31-0.020.990.870.09-0.620.060.550.990.990.83
-0.68-0.58-0.7-0.37-0.76-0.67-0.61-0.43-0.411.0-0.7-0.45-0.78-0.68-0.18-0.36-0.64-0.30.110.83-0.17-0.68-0.67-0.75-0.32
0.670.980.670.960.610.690.980.950.99-0.450.67-0.450.210.670.18-0.290.690.690.55-0.150.120.230.760.720.78
0.50.320.610.080.640.450.340.040.11-0.780.53-0.780.210.490.370.810.430.12-0.4-0.650.060.950.470.590.01
1.00.750.940.570.980.990.770.670.66-0.681.0-0.680.670.490.3-0.050.990.880.06-0.590.050.510.990.980.85
0.310.220.320.190.330.280.220.10.16-0.180.31-0.180.180.370.30.240.30.350.07-0.160.040.470.320.310.2
-0.05-0.220.1-0.410.11-0.11-0.2-0.5-0.39-0.36-0.02-0.36-0.290.81-0.050.24-0.13-0.38-0.64-0.3-0.030.76-0.10.03-0.53
1.00.770.940.620.971.00.780.70.69-0.640.99-0.640.690.430.990.3-0.130.920.16-0.560.040.460.990.980.88
0.890.710.810.660.80.90.710.720.71-0.30.87-0.30.690.120.880.35-0.380.920.34-0.27-0.040.210.90.830.96
0.110.470.070.750.00.140.450.590.580.110.090.110.55-0.40.060.07-0.640.160.340.140.02-0.290.170.10.43
-0.6-0.31-0.53-0.14-0.67-0.6-0.34-0.21-0.110.83-0.620.83-0.15-0.65-0.59-0.16-0.3-0.56-0.270.140.1-0.56-0.54-0.63-0.23
0.060.150.060.130.080.050.150.190.17-0.170.06-0.170.120.060.050.04-0.030.04-0.040.020.10.130.050.070.0
0.530.320.620.130.650.480.340.050.14-0.680.55-0.680.230.950.510.470.760.460.21-0.29-0.560.130.490.60.05
0.990.830.930.680.960.990.840.750.75-0.670.99-0.670.760.470.990.32-0.10.990.90.17-0.540.050.490.990.88
0.990.80.960.630.990.980.820.690.69-0.750.99-0.750.720.590.980.310.030.980.830.1-0.630.070.60.990.8
0.840.80.750.760.740.870.790.850.82-0.320.83-0.320.780.010.850.2-0.530.880.960.43-0.230.00.050.880.8
Click cells to compare fundamentals

Republic Services Account Relationship Matchups

Republic Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.7B23.4B25.0B29.1B31.4B16.7B
Short Long Term Debt Total8.7B8.9B9.6B11.8B13.1B13.7B
Other Current Liab828.5M823.5M934.2M1.0B1.2B724.6M
Total Current Liabilities3.0B2.3B2.4B3.4B4.2B4.4B
Total Stockholder Equity8.1B8.5B9.0B9.7B10.5B6.2B
Property Plant And Equipment Net8.4B8.7B9.2B10.7B11.6B6.1B
Net Debt8.6B8.9B9.5B11.6B12.9B13.6B
Retained Earnings5.3B5.8B6.5B7.4B8.4B8.9B
Accounts Payable777.9M779M910M1.2B1.4B1.5B
Cash47.1M38.2M29M143.4M140M75.4M
Non Current Assets Total21.1B21.9B23.2B26.7B29.0B15.4B
Cash And Short Term Investments47.1M38.2M29M143.4M140M75.4M
Net Receivables1.1B1.1B1.3B1.7B2.0B2.1B
Common Stock Shares Outstanding322M319.8M319.4M317.1M316.7M324.9M
Liabilities And Stockholders Equity22.7B23.4B25.0B29.1B31.4B16.7B
Non Current Liabilities Total11.5B12.7B13.6B16.0B16.6B8.5B
Other Current Assets385M96.2M101.2M439.9M150.4M181.2M
Other Stockholder Equity2.8B2.7B2.5B2.3B2.1B3.2B
Total Liab14.6B14.9B16.0B19.4B20.9B10.4B
Total Current Assets1.6B1.5B1.7B2.4B2.4B1.2B
Accumulated Other Comprehensive Income2.2M(12.4M)(14.6M)(12.1M)(13.9M)(14.6M)
Short Term Debt981.4M201.6M46.4M513.9M987.1M1.0B
Intangible Assets133.9M173.1M259.5M347.2M496.2M510.6M
Non Currrent Assets Other927M966.5M926.6M(658.3M)640M672M
Current Deferred Revenue336M345.6M381.3M443M467.3M302.4M
Good Will11.6B12.0B12.8B14.5B15.8B10.2B
Inventory56.8M59.1M72.2M96.6M97.3M51.6M
Short Term Investments179.4M149.1M139M127.6M163.6M120.1M
Other Assets582M528.5M524M490.8M564.4M494.7M
Long Term Debt7.5B7.6B7.6B8.6B9.9B8.6B
Capital Surpluse4.8B4.9B5.0B2.7B2.5B3.6B
Treasury Stock(1.1B)(1.8B)(2.2B)(100K)(90K)(94.5K)
Property Plant Equipment8.6B8.9B9.5B11.0B12.7B9.7B
Other Liab3.5B3.6B3.7B4.3B5.0B3.9B
Net Tangible Assets(3.6B)(3.7B)(4.1B)(5.1B)(4.6B)(4.8B)
Deferred Long Term Liab118.1M114.5M128.6M136.7M157.2M116.9M

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