Republic Property Plant And Equipment Net vs Total Current 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 Property Plant And Equipment Net and its Total Current 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.

Property Plant And Equipment Net vs Total Current Assets

Property Plant And Equipment Net vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Republic Services Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Republic Services' Property Plant And Equipment Net and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current 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' Property Plant And Equipment Net and Total Current 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 Property Plant And Equipment Net of Republic Services are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Republic Services' Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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