CHRW Other Current Assets vs Common Stock Shares Outstanding Analysis

CHRW Stock  USD 107.54  0.07  0.07%   
CH Robinson financial indicator trend analysis is way more than just evaluating CH Robinson Worldwide prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CH Robinson Worldwide is a good investment. Please check the relationship between CH Robinson Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CH Robinson Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CH Robinson Worldwide Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CH Robinson's Other Current Assets and Common Stock Shares Outstanding is -0.63. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of CH Robinson Worldwide, assuming nothing else is changed. The correlation between historical values of CH Robinson's Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of CH Robinson Worldwide are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., CH Robinson's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from CH Robinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CH Robinson Worldwide 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 CH Robinson Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 490 M in 2024. Tax Provision is likely to drop to about 67.6 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.9B1.2B1.1B
Total Revenue23.1B24.7B17.6B10.7B

CH Robinson fundamental ratios Correlations

0.940.920.840.740.780.780.990.340.82-0.280.330.980.83-0.75-0.540.33-0.720.880.530.980.090.230.190.550.74
0.940.940.720.690.770.730.950.140.73-0.440.130.970.72-0.68-0.580.25-0.690.870.480.96-0.150.10.070.610.67
0.920.940.660.630.790.710.940.150.73-0.520.140.930.73-0.68-0.430.23-0.690.860.410.92-0.090.160.140.540.58
0.840.720.660.590.440.610.820.610.680.060.60.810.72-0.51-0.570.19-0.450.640.410.830.360.540.520.290.57
0.740.690.630.590.830.920.710.30.92-0.330.320.670.84-0.88-0.440.76-0.890.870.910.68-0.10.120.070.840.89
0.780.770.790.440.830.920.760.050.91-0.410.070.750.87-0.94-0.290.56-0.940.960.780.74-0.180.04-0.010.840.89
0.780.730.710.610.920.920.770.280.97-0.320.310.730.93-0.96-0.330.63-0.970.950.890.74-0.110.270.210.880.92
0.990.950.940.820.710.760.770.340.79-0.280.330.990.79-0.72-0.560.31-0.710.880.510.990.00.250.210.560.72
0.340.140.150.610.30.050.280.340.30.21.00.290.33-0.17-0.310.28-0.130.230.160.350.420.460.49-0.060.28
0.820.730.730.680.920.910.970.790.3-0.260.320.750.98-0.95-0.390.58-0.930.940.840.750.070.280.230.790.91
-0.28-0.44-0.520.06-0.33-0.41-0.32-0.280.2-0.260.2-0.29-0.190.29-0.08-0.170.43-0.36-0.14-0.260.390.210.21-0.42-0.11
0.330.130.140.60.320.070.310.331.00.320.20.280.35-0.19-0.310.3-0.160.240.190.340.40.470.5-0.030.3
0.980.970.930.810.670.750.730.990.290.75-0.290.280.75-0.68-0.610.26-0.660.870.470.99-0.040.170.150.540.7
0.830.720.730.720.840.870.930.790.330.98-0.190.350.75-0.91-0.370.47-0.870.910.760.750.20.350.310.70.87
-0.75-0.68-0.68-0.51-0.88-0.94-0.96-0.72-0.17-0.950.29-0.19-0.68-0.910.24-0.630.97-0.91-0.87-0.680.08-0.12-0.04-0.86-0.93
-0.54-0.58-0.43-0.57-0.44-0.29-0.33-0.56-0.31-0.39-0.08-0.31-0.61-0.370.24-0.230.22-0.45-0.31-0.570.070.10.09-0.27-0.42
0.330.250.230.190.760.560.630.310.280.58-0.170.30.260.47-0.63-0.23-0.660.530.790.28-0.29-0.06-0.120.630.66
-0.72-0.69-0.69-0.45-0.89-0.94-0.97-0.71-0.13-0.930.43-0.16-0.66-0.870.970.22-0.66-0.92-0.88-0.660.21-0.15-0.08-0.92-0.9
0.880.870.860.640.870.960.950.880.230.94-0.360.240.870.91-0.91-0.450.53-0.920.770.87-0.140.160.120.810.9
0.530.480.410.410.910.780.890.510.160.84-0.140.190.470.76-0.87-0.310.79-0.880.770.47-0.250.130.050.910.88
0.980.960.920.830.680.740.740.990.350.75-0.260.340.990.75-0.68-0.570.28-0.660.870.47-0.010.220.190.520.71
0.09-0.15-0.090.36-0.1-0.18-0.110.00.420.070.390.4-0.040.20.080.07-0.290.21-0.14-0.25-0.010.380.43-0.49-0.07
0.230.10.160.540.120.040.270.250.460.280.210.470.170.35-0.120.1-0.06-0.150.160.130.220.380.99-0.010.09
0.190.070.140.520.07-0.010.210.210.490.230.210.50.150.31-0.040.09-0.12-0.080.120.050.190.430.99-0.090.03
0.550.610.540.290.840.840.880.56-0.060.79-0.42-0.030.540.7-0.86-0.270.63-0.920.810.910.52-0.49-0.01-0.090.81
0.740.670.580.570.890.890.920.720.280.91-0.110.30.70.87-0.93-0.420.66-0.90.90.880.71-0.070.090.030.81
Click cells to compare fundamentals

CH Robinson Account Relationship Matchups

CH Robinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Liab289.0M468.6M755.0M639.5M434.4M241.0M
Total Current Liabilities1.6B1.8B3.3B3.3B2.1B1.2B
Total Stockholder Equity1.7B1.9B2.0B1.4B1.4B1.1B
Property Plant And Equipment Net519.3M498.7M432.4M531.6M498.6M523.5M
Net Debt1.1B1.2B2.0B2.1B1.8B1.9B
Retained Earnings4.1B4.4B4.9B5.6B5.6B5.9B
Accounts Payable1.1B1.2B1.8B1.5B1.3B748.3M
Cash447.9M243.8M257.4M217.5M145.5M251.9M
Non Current Assets Total2.0B2.2B2.2B2.4B2.3B2.5B
Non Currrent Assets Other33.7M24.5M22.2M(181.6M)11.6M12.1M
Cash And Short Term Investments447.9M243.8M257.4M217.5M145.5M276.9M
Net Receivables2.1B2.6B4.4B3.2B2.6B1.4B
Good Will1.3B1.5B1.5B1.5B1.5B1.5B
Common Stock Shares Outstanding137.7M136.2M133.8M127.2M119.7M125.9M
Liabilities And Stockholders Equity4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Assets217.9M51.2M94.6M122.4M163.3M171.5M
Other Stockholder Equity(2.4B)(2.5B)(2.9B)(4.2B)(4.1B)(3.9B)
Total Liab3.0B3.3B5.0B4.6B3.8B4.0B
Property Plant And Equipment Gross519.3M498.7M442.1M449.8M791.3M830.9M
Total Current Assets2.6B2.9B4.8B3.6B2.9B1.8B
Accumulated Other Comprehensive Income(76.1M)(46.0M)(61.1M)(88.9M)(80.9M)(76.9M)
Intangible Assets1.5B1.7B159.7M152.8M146.2M138.9M
Common Stock Total Equity13.5M13.4M12.9M11.6M13.4M14.6M
Common Stock13.5M13.4M12.9M11.6M11.7M14.5M
Other Assets47.2M122.5M147.1M210.1M241.6M253.7M
Non Current Liabilities Total1.4B1.4B1.7B1.3B1.8B1.8B
Treasury Stock(3.0B)(3.0B)(3.5B)(4.9B)(4.4B)(4.2B)
Property Plant Equipment208.4M178.9M432.4M159.4M183.3M152.8M
Other Liab62.4M62.7M44.8M44.5M51.2M33.7M
Short Long Term Debt Total1.6B1.4B2.2B2.4B2.0B2.1B
Net Tangible Assets288.0M278.8M230.4M(181.4M)(163.3M)(155.1M)
Long Term Debt1.1B1.1B1.4B920.0M1.4B734.2M
Retained Earnings Total Equity4.1B4.4B4.9B5.6B6.4B6.8B
Capital Surpluse546.6M566.0M673.6M743.3M854.8M484.3M
Deferred Long Term Liab39.8M22.2M16.1M14.3M16.4M23.9M
Non Current Liabilities Other282.1M309.1M315K1.9M2.1M2.0M
Accumulated Depreciation(281.6M)(300.0M)(302.3M)(290.4M)(261.4M)(274.4M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CHRW Stock Analysis

When running CH Robinson's price analysis, check to measure CH Robinson'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 CH Robinson is operating at the current time. Most of CH Robinson's value examination focuses on studying past and present price action to predict the probability of CH Robinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CH Robinson's price. Additionally, you may evaluate how the addition of CH Robinson to your portfolios can decrease your overall portfolio volatility.