Rainbow Non Current Liabilities Total vs Cash And Short Term Investments Analysis

RAINBOW Stock

1,589 65.25 4.28%

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 Cash And Short Term Investments 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 Cash And Short Term Investments

Non Current Liabilities Total vs Cash And Short Term Investments 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 Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Rainbow Childrens' Non Current Liabilities Total and Cash And Short Term Investments is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments 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 Cash And Short Term Investments 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 Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Rainbow Childrens' Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Non Current Liabilities Total

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Rainbow Childrens balance sheet. This account contains Rainbow Childrens investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Rainbow Childrens Medicare fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 140.5 M in 2024. Tax Provision is likely to drop to about 547.2 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	532.0M	552.0M	625.3M	545.6M
Depreciation And Amortization	832.6M	902.7M	1.1B	895.9M

Interest Expense Depreciation And Amortization

Rainbow Childrens fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.96	0.74	0.88	0.99	0.98	-0.67	0.95	1.0	0.96	0.85	1.0	0.81	0.93	0.49	-0.89	0.12	0.93	0.91	0.93	0.49	0.9	0.93	1.0	0.39	0.72
Short Long Term Debt Total	0.96		0.73	0.85	0.92	0.99	-0.76	1.0	0.95	0.9	0.7	0.96	0.66	0.91	0.58	-0.82	0.12	0.91	0.95	0.91	0.52	0.79	0.96	0.95	0.54	0.82
Other Current Liab	0.74	0.73		0.94	0.7	0.71	-0.3	0.72	0.73	0.86	0.71	0.73	0.47	0.75	0.83	-0.67	-0.26	0.74	0.69	0.82	0.92	0.6	0.76	0.75	0.56	0.4
Total Current Liabilities	0.88	0.85	0.94		0.85	0.84	-0.48	0.84	0.88	0.97	0.84	0.87	0.63	0.86	0.74	-0.8	-0.14	0.86	0.82	0.96	0.82	0.75	0.88	0.89	0.59	0.55
Total Stockholder Equity	0.99	0.92	0.7	0.85		0.96	-0.6	0.91	0.99	0.94	0.86	0.98	0.89	0.91	0.47	-0.92	0.17	0.91	0.84	0.89	0.42	0.96	0.87	0.99	0.27	0.67
Property Plant And Equipment Net	0.98	0.99	0.71	0.84	0.96		-0.72	0.99	0.97	0.91	0.73	0.98	0.74	0.92	0.56	-0.86	0.17	0.92	0.92	0.89	0.46	0.86	0.93	0.97	0.45	0.8
Current Deferred Revenue	-0.67	-0.76	-0.3	-0.48	-0.6	-0.72		-0.76	-0.64	-0.57	-0.44	-0.7	-0.32	-0.73	-0.09	0.58	-0.44	-0.74	-0.83	-0.63	-0.16	-0.42	-0.79	-0.61	-0.5	-0.94
Net Debt	0.95	1.0	0.72	0.84	0.91	0.99	-0.76		0.95	0.89	0.68	0.96	0.65	0.9	0.58	-0.81	0.12	0.9	0.95	0.9	0.51	0.78	0.96	0.94	0.55	0.82
Retained Earnings	1.0	0.95	0.73	0.88	0.99	0.97	-0.64	0.95		0.95	0.85	0.99	0.83	0.91	0.5	-0.89	0.11	0.91	0.89	0.92	0.48	0.91	0.92	1.0	0.37	0.69
Accounts Payable	0.96	0.9	0.86	0.97	0.94	0.91	-0.57	0.89	0.95		0.91	0.95	0.75	0.92	0.59	-0.87	-0.02	0.91	0.87	0.97	0.68	0.85	0.92	0.96	0.49	0.62
Cash	0.85	0.7	0.71	0.84	0.86	0.73	-0.44	0.68	0.85	0.91		0.85	0.79	0.82	0.29	-0.82	0.05	0.81	0.71	0.84	0.52	0.82	0.76	0.86	0.22	0.44
Non Current Assets Total	1.0	0.96	0.73	0.87	0.98	0.98	-0.7	0.96	0.99	0.95	0.85		0.79	0.93	0.47	-0.88	0.14	0.93	0.93	0.92	0.49	0.88	0.95	0.99	0.4	0.74
Non Currrent Assets Other	0.81	0.66	0.47	0.63	0.89	0.74	-0.32	0.65	0.83	0.75	0.79	0.79		0.76	0.28	-0.89	0.36	0.76	0.51	0.63	0.13	0.98	0.55	0.84	-0.15	0.46
Cash And Short Term Investments	0.93	0.91	0.75	0.86	0.91	0.92	-0.73	0.9	0.91	0.92	0.82	0.93	0.76		0.51	-0.96	0.36	1.0	0.85	0.86	0.49	0.85	0.88	0.92	0.36	0.84
Net Receivables	0.49	0.58	0.83	0.74	0.47	0.56	-0.09	0.58	0.5	0.59	0.29	0.47	0.28	0.51		-0.47	-0.28	0.51	0.43	0.6	0.79	0.43	0.5	0.53	0.56	0.3
Good Will	-0.89	-0.82	-0.67	-0.8	-0.92	-0.86	0.58	-0.81	-0.89	-0.87	-0.82	-0.88	-0.89	-0.96	-0.47		-0.44	-0.96	-0.71	-0.78	-0.36	-0.93	-0.74	-0.9	-0.14	-0.74
Common Stock Shares Outstanding	0.12	0.12	-0.26	-0.14	0.17	0.17	-0.44	0.12	0.11	-0.02	0.05	0.14	0.36	0.36	-0.28	-0.44		0.36	0.03	-0.11	-0.52	0.29	-0.01	0.1	-0.43	0.57
Short Term Investments	0.93	0.91	0.74	0.86	0.91	0.92	-0.74	0.9	0.91	0.91	0.81	0.93	0.76	1.0	0.51	-0.96	0.36		0.85	0.86	0.49	0.85	0.88	0.92	0.36	0.84
Non Current Liabilities Total	0.91	0.95	0.69	0.82	0.84	0.92	-0.83	0.95	0.89	0.87	0.71	0.93	0.51	0.85	0.43	-0.71	0.03	0.85		0.9	0.55	0.65	0.99	0.87	0.63	0.79
Inventory	0.93	0.91	0.82	0.96	0.89	0.89	-0.63	0.9	0.92	0.97	0.84	0.92	0.63	0.86	0.6	-0.78	-0.11	0.86	0.9		0.7	0.75	0.94	0.93	0.66	0.64
Other Current Assets	0.49	0.52	0.92	0.82	0.42	0.46	-0.16	0.51	0.48	0.68	0.52	0.49	0.13	0.49	0.79	-0.36	-0.52	0.49	0.55	0.7		0.27	0.62	0.5	0.72	0.19
Other Stockholder Equity	0.9	0.79	0.6	0.75	0.96	0.86	-0.42	0.78	0.91	0.85	0.82	0.88	0.98	0.85	0.43	-0.93	0.29	0.85	0.65	0.75	0.27		0.69	0.93	0.04	0.56
Total Liab	0.93	0.96	0.76	0.88	0.87	0.93	-0.79	0.96	0.92	0.92	0.76	0.95	0.55	0.88	0.5	-0.74	-0.01	0.88	0.99	0.94	0.62	0.69		0.9	0.64	0.77
Total Current Assets	1.0	0.95	0.75	0.89	0.99	0.97	-0.61	0.94	1.0	0.96	0.86	0.99	0.84	0.92	0.53	-0.9	0.1	0.92	0.87	0.93	0.5	0.93	0.9		0.38	0.68
Short Term Debt	0.39	0.54	0.56	0.59	0.27	0.45	-0.5	0.55	0.37	0.49	0.22	0.4	-0.15	0.36	0.56	-0.14	-0.43	0.36	0.63	0.66	0.72	0.04	0.64	0.38		0.42
Intangible Assets	0.72	0.82	0.4	0.55	0.67	0.8	-0.94	0.82	0.69	0.62	0.44	0.74	0.46	0.84	0.3	-0.74	0.57	0.84	0.79	0.64	0.19	0.56	0.77	0.68	0.42

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Rainbow Childrens Account Relationship Matchups

Rainbow Childrens fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.2B	10.8B	14.2B	17.8B	21.7B	15.4B
Short Long Term Debt Total	4.9B	5.2B	5.8B	5.7B	7.7B	6.2B
Other Current Liab	402.9M	454.5M	383.9M	432.1M	426.5M	441.0M
Total Current Liabilities	1.3B	1.2B	1.3B	1.4B	1.5B	1.4B
Total Stockholder Equity	4.1B	4.5B	6.0B	10.6B	12.6B	7.6B
Property Plant And Equipment Net	7.4B	8.0B	8.7B	9.5B	12.6B	9.8B
Current Deferred Revenue	440.4M	516.5M	91.0M	385.6M	39.4M	37.4M
Net Debt	4.8B	5.1B	5.7B	5.5B	7.6B	6.1B
Retained Earnings	1.9B	2.3B	3.6B	5.6B	7.4B	4.1B
Accounts Payable	581.7M	537.3M	643.7M	789.0M	815.0M	696.5M
Cash	67.0M	56.6M	99.8M	154.1M	101.2M	97.2M
Non Current Assets Total	8.2B	8.8B	11.3B	12.9B	15.5B	11.9B
Non Currrent Assets Other	622.7M	567.9M	308.9M	4.6B	3.7B	2.0B
Cash And Short Term Investments	786.7M	951.1M	2.0B	3.9B	5.0B	5.3B
Net Receivables	705.9M	740.1M	404.1M	512.0M	704.4M	642.5M
Short Term Investments	719.7M	894.5M	1.9B	3.8B	4.9B	5.2B
Liabilities And Stockholders Equity	10.2B	10.8B	14.2B	17.8B	21.7B	15.4B
Non Current Liabilities Total	4.8B	5.1B	6.9B	5.7B	7.6B	6.4B
Inventory	159.8M	101.0M	181.3M	187.6M	239.8M	172.2M
Other Current Assets	377.9M	401.0M	324M	270.6M	251.2M	321.6M
Total Liab	6.1B	6.3B	8.2B	7.1B	9.1B	7.8B
Total Current Assets	2.0B	2.0B	2.9B	4.8B	6.2B	3.5B
Accumulated Other Comprehensive Income	102.8M	97.8M	92.8M	52.8M	149.4M	89.8M
Short Term Debt	227.1M	131.8M	223.6M	41.8M	188.4M	164.4M
Intangible Assets	22.9M	15.3M	55.2M	33.7M	101.8M	106.9M

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Rainbow Non Current Liabilities Total vs Cash And Short Term Investments Analysis

Non Current Liabilities Total vs Cash And Short Term Investments

Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Cash And Short Term Investments

Rainbow Childrens fundamental ratios Correlations

Rainbow Childrens Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rainbow Childrens fundamental ratios Accounts

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COMPANY

Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Retained Earnings
Short Term Investments	+ 1.0	Cash And Short Term Investments

Short Term Investments	- 0.96	Good Will
Good Will	- 0.96	Cash And Short Term Investments
Intangible Assets	- 0.94	Current Deferred Revenue
Other Stockholder Equity	- 0.93	Good Will
Good Will	- 0.92	Total Stockholder Equity
Total Current Assets	- 0.9	Good Will