0KXM Stock | | | 567.63 4.46 0.79% |
Roper Technologies financial indicator trend analysis is much more than just breaking down Roper Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roper Technologies is a good investment. Please check the relationship between Roper Technologies Inventory and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Roper Technologies. 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.
Inventory vs Total Stockholder Equity
Inventory vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Roper Technologies Inventory account and
Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Roper Technologies' Inventory and Total Stockholder Equity is -0.12. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Roper Technologies, assuming nothing else is changed. The correlation between historical values of Roper Technologies' Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Roper Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Roper Technologies' Inventory and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Roper Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roper Technologies 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 Roper Technologies. 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.
Selling General Administrative is likely to gain to about 2.8
B in 2024.
Tax Provision is likely to gain to about 341.9
M in 2024
Roper Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Roper Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roper Technologies fundamental ratios Accounts
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Additional Tools for Roper Stock Analysis
When running Roper Technologies' price analysis, check to
measure Roper Technologies' 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 Roper Technologies is operating at the current time. Most of Roper Technologies' value examination focuses on studying past and present price action to
predict the probability of Roper Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies' price. Additionally, you may evaluate how the addition of Roper Technologies to your portfolios can decrease your overall portfolio volatility.