Rainbow Non Current Liabilities Total vs Accounts Payable Analysis

RAINBOW Stock   1,299  30.65  2.31%   
Rainbow Childrens financial indicator trend analysis is much more than just breaking down Rainbow Childrens prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rainbow Childrens is a good investment. Please check the relationship between Rainbow Childrens Non Current Liabilities Total and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rainbow Childrens Medicare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rainbow Childrens Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rainbow Childrens' Non Current Liabilities Total and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Rainbow Childrens Medicare, assuming nothing else is changed. The correlation between historical values of Rainbow Childrens' Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Rainbow Childrens Medicare are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Rainbow Childrens' Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Rainbow Childrens obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rainbow Childrens are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Rainbow Childrens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rainbow Childrens 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rainbow Childrens Medicare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Selling General Administrative is likely to drop to about 126.5 M in 2025. Tax Provision is likely to drop to about 547.2 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense552.0M625.3M719.1M545.6M
Depreciation And Amortization902.7M1.1B1.3B895.9M

Rainbow Childrens fundamental ratios Correlations

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0.970.80.90.951.0-0.791.00.890.930.710.980.750.890.73-0.830.620.890.970.930.490.880.980.890.640.84
0.810.80.960.790.79-0.460.790.810.90.760.80.670.80.87-0.750.250.80.780.870.880.720.820.820.650.58
0.920.90.960.90.89-0.610.890.890.980.850.920.760.890.82-0.840.370.880.880.970.770.840.920.90.680.69
0.990.950.790.90.97-0.70.950.890.960.850.990.860.90.65-0.920.580.90.910.930.440.970.920.90.460.76
0.981.00.790.890.97-0.771.00.890.930.730.980.790.890.72-0.850.640.890.960.920.450.910.960.890.580.83
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0.971.00.790.890.951.0-0.790.890.920.70.970.750.880.73-0.820.630.880.970.920.480.870.970.880.640.84
0.910.890.810.890.890.89-0.810.890.910.80.910.911.00.66-0.950.61.00.880.880.530.850.891.00.520.91
0.970.930.90.980.960.93-0.680.920.910.90.970.820.920.72-0.890.460.910.920.980.650.910.950.920.60.73
0.840.710.760.850.850.73-0.530.70.80.90.830.810.820.43-0.850.320.810.740.850.550.830.770.810.340.54
1.00.980.80.920.990.98-0.770.970.910.970.830.820.910.65-0.880.590.910.960.950.480.930.970.910.550.81
0.830.750.670.760.860.79-0.610.750.910.820.810.820.930.52-0.990.660.920.680.740.30.910.710.920.170.77
0.910.890.80.890.90.89-0.80.881.00.920.820.910.930.64-0.960.611.00.870.880.510.860.891.00.490.9
0.670.730.870.820.650.72-0.310.730.660.720.430.650.520.64-0.590.270.640.630.720.760.620.680.680.660.51
-0.89-0.83-0.75-0.84-0.92-0.850.67-0.82-0.95-0.89-0.85-0.88-0.99-0.96-0.59-0.6-0.96-0.77-0.82-0.41-0.93-0.79-0.95-0.3-0.8
0.570.620.250.370.580.64-0.60.630.60.460.320.590.660.610.27-0.60.610.540.4-0.170.620.520.60.070.73
0.910.890.80.880.90.89-0.80.881.00.910.810.910.921.00.64-0.960.610.870.880.510.860.891.00.490.9
0.950.970.780.880.910.96-0.850.970.880.920.740.960.680.870.63-0.770.540.870.930.530.791.00.870.70.83
0.950.930.870.970.930.92-0.720.920.880.980.850.950.740.880.72-0.820.40.880.930.670.840.960.890.730.74
0.490.490.880.770.440.45-0.230.480.530.650.550.480.30.510.76-0.41-0.170.510.530.670.330.580.550.720.28
0.940.880.720.840.970.91-0.570.870.850.910.830.930.910.860.62-0.930.620.860.790.840.330.820.850.280.69
0.960.980.820.920.920.96-0.820.970.890.950.770.970.710.890.68-0.790.520.891.00.960.580.820.890.710.82
0.910.890.820.90.90.89-0.790.881.00.920.810.910.921.00.68-0.950.61.00.870.890.550.850.890.530.9
0.540.640.650.680.460.58-0.590.640.520.60.340.550.170.490.66-0.30.070.490.70.730.720.280.710.530.54
0.790.840.580.690.760.83-0.940.840.910.730.540.810.770.90.51-0.80.730.90.830.740.280.690.820.90.54
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Rainbow Childrens Account Relationship Matchups

Rainbow Childrens fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.8B14.2B17.8B21.7B25.0B15.4B
Short Long Term Debt Total5.2B5.8B5.7B7.7B8.8B6.2B
Other Current Liab454.5M383.9M432.1M426.5M490.5M441.0M
Total Current Liabilities1.2B1.3B1.4B1.5B1.7B1.4B
Total Stockholder Equity4.5B6.0B10.6B12.6B14.5B7.6B
Property Plant And Equipment Net8.0B8.7B9.5B12.6B14.5B9.8B
Current Deferred Revenue516.5M91.0M385.6M39.4M35.4M33.7M
Net Debt5.1B5.7B5.5B7.6B8.7B6.1B
Retained Earnings2.3B3.6B5.6B7.4B8.6B9.0B
Accounts Payable537.3M643.7M789.0M815.0M937.2M696.5M
Cash56.6M99.8M154.1M101.2M116.4M97.2M
Non Current Assets Total8.8B11.3B12.9B15.5B17.8B11.9B
Non Currrent Assets Other567.9M308.9M4.6B3.7B4.3B4.5B
Cash And Short Term Investments951.1M2.0B3.9B5.0B5.8B6.1B
Net Receivables740.1M404.1M512.0M704.4M810.1M642.5M
Short Term Investments894.5M1.9B3.8B4.9B5.7B5.9B
Liabilities And Stockholders Equity10.8B14.2B17.8B21.7B25.0B15.4B
Non Current Liabilities Total5.1B6.9B5.7B7.6B8.7B6.4B
Inventory101.0M181.3M187.6M239.8M275.7M172.2M
Other Current Assets401.0M324M270.6M251.2M288.9M321.6M
Total Liab6.3B8.2B7.1B9.1B10.4B7.8B
Total Current Assets2.0B2.9B4.8B6.2B7.1B7.5B
Accumulated Other Comprehensive Income97.8M92.8M52.8M149.4M134.5M89.8M
Short Term Debt131.8M223.6M41.8M188.4M216.6M164.4M
Intangible Assets15.3M55.2M33.7M101.8M117.1M123.0M
Capital Lease Obligations4.7B5.4B5.7B7.7B8.8B6.1B
Net Invested Capital4.9B6.4B10.6B12.6B14.5B8.6B
Property Plant And Equipment Gross10.1B11.5B9.5B12.6B14.5B11.6B
Net Working Capital750.4M1.7B3.4B4.7B5.4B5.7B

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