Roblox Accounts Payable vs Other Assets Analysis

RBLX Stock  USD 49.35  2.17  4.21%   
Roblox Corp financial indicator trend analysis is much more than just breaking down Roblox Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roblox Corp is a good investment. Please check the relationship between Roblox Corp Accounts Payable and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roblox Corp. 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 economic analysis.
For more information on how to buy Roblox Stock please use our How to Invest in Roblox Corp guide.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roblox Corp Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Roblox Corp's Accounts Payable and Other Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Roblox Corp, assuming nothing else is changed. The correlation between historical values of Roblox Corp's Accounts Payable and Other 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 Accounts Payable of Roblox Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Roblox Corp's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Roblox Corp 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 Roblox Corp 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.

Other Assets

Most indicators from Roblox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roblox Corp 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 Roblox Corp. 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 economic analysis.
For more information on how to buy Roblox Stock please use our How to Invest in Roblox Corp guide.At this time, Roblox Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 1.2 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization119.4M199.2M208.1M111.9M
Interest Income92K38.8M141.8M148.9M

Roblox Corp fundamental ratios Correlations

1.01.00.760.920.750.890.99-0.03-0.880.930.740.830.970.920.950.980.940.920.570.990.990.980.431.00.92
1.01.00.690.930.690.90.990.02-0.90.90.690.850.990.930.920.990.930.920.61.00.990.980.491.00.93
1.01.00.720.930.710.891.00.0-0.890.90.710.840.980.930.940.990.930.920.590.991.00.990.441.00.93
0.760.690.720.570.950.550.71-0.46-0.510.890.890.460.590.580.890.630.760.650.170.70.710.71-0.110.710.58
0.920.930.930.570.620.990.920.25-0.980.80.550.960.931.00.840.930.950.980.770.930.90.910.680.931.0
0.750.690.710.950.620.640.7-0.18-0.620.860.70.60.60.620.820.620.820.710.410.70.670.670.030.70.62
0.890.90.890.550.990.640.880.33-0.990.80.470.980.910.980.790.880.950.970.820.910.850.860.730.90.98
0.990.991.00.710.920.70.880.0-0.880.890.720.840.980.930.940.990.930.920.590.991.01.00.430.990.93
-0.030.020.0-0.460.25-0.180.330.0-0.4-0.21-0.670.470.110.23-0.280.060.120.210.770.03-0.07-0.050.690.020.22
-0.88-0.9-0.89-0.51-0.98-0.62-0.99-0.88-0.4-0.77-0.41-0.99-0.91-0.98-0.76-0.89-0.94-0.96-0.87-0.9-0.84-0.86-0.73-0.9-0.97
0.930.90.90.890.80.860.80.89-0.21-0.770.820.710.850.810.950.840.90.810.420.920.890.880.290.910.81
0.740.690.710.890.550.70.470.72-0.67-0.410.820.340.620.560.90.660.650.58-0.060.690.750.74-0.110.70.57
0.830.850.840.460.960.60.980.840.47-0.990.710.340.870.960.710.850.920.950.910.850.790.810.750.850.96
0.970.990.980.590.930.60.910.980.11-0.910.850.620.870.940.870.990.90.910.640.990.980.970.580.990.94
0.920.930.930.581.00.620.980.930.23-0.980.810.560.960.940.850.930.960.980.760.930.90.920.660.931.0
0.950.920.940.890.840.820.790.94-0.28-0.760.950.90.710.870.850.90.910.860.380.920.940.940.220.930.85
0.980.990.990.630.930.620.880.990.06-0.890.840.660.850.990.930.90.910.920.620.980.990.990.490.990.94
0.940.930.930.760.950.820.950.930.12-0.940.90.650.920.90.960.910.910.980.720.930.90.910.490.930.96
0.920.920.920.650.980.710.970.920.21-0.960.810.580.950.910.980.860.920.980.770.910.90.910.570.920.98
0.570.60.590.170.770.410.820.590.77-0.870.42-0.060.910.640.760.380.620.720.770.60.520.550.750.60.76
0.991.00.990.70.930.70.910.990.03-0.90.920.690.850.990.930.920.980.930.910.60.980.970.511.00.93
0.990.991.00.710.90.670.851.0-0.07-0.840.890.750.790.980.90.940.990.90.90.520.981.00.40.990.91
0.980.980.990.710.910.670.861.0-0.05-0.860.880.740.810.970.920.940.990.910.910.550.971.00.40.980.92
0.430.490.44-0.110.680.030.730.430.69-0.730.29-0.110.750.580.660.220.490.490.570.750.510.40.40.480.65
1.01.01.00.710.930.70.90.990.02-0.90.910.70.850.990.930.930.990.930.920.61.00.990.980.480.93
0.920.930.930.581.00.620.980.930.22-0.970.810.570.960.941.00.850.940.960.980.760.930.910.920.650.93
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Roblox Corp Account Relationship Matchups

Roblox Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets760.2M1.8B4.6B5.4B6.2B3.5B
Other Current Liab43.0M127.2M250.1M345.1M415.1M220.7M
Total Current Liabilities496.1M1.2B2.2B2.5B3.1B1.8B
Total Stockholder Equity(137.3M)(252.4M)584.8M306.0M76.3M85.1M
Other Liab189.8M506.8M618.2M1.1B1.3B1.3B
Net Tangible Assets(139.7M)(354.3M)407.1M117.0M134.5M141.2M
Property Plant And Equipment Net143.3M206.4M492.6M1.1B1.4B1.4B
Current Deferred Revenue425.3M1.1B1.8B1.9B2.4B1.4B
Net Debt(114.3M)(549.1M)(1.8B)(1.4B)1.1B1.1B
Retained Earnings(239.0M)(492.3M)(983.9M)(1.9B)(3.1B)(2.9B)
Accounts Payable3.4M12.0M64.4M71.2M60.1M42.0M
Cash301.5M893.9M3.0B3.0B678.5M644.5M
Non Current Assets Total187.9M423.7M810.8M1.5B2.9B3.0B
Non Currrent Assets Other42.2M115.4M140.5M229.5M293.6M156.5M
Other Assets42.2M115.4M140.5M229.5M263.9M277.1M
Cash And Short Term Investments358.5M893.9M3.0B3.0B2.2B1.8B
Net Receivables91.3M247.0M307.3M379.4M505.8M290.0M
Common Stock Shares Outstanding546.7M550.5M585.9M595.6M616.4M627.2M
Liabilities And Stockholders Equity760.2M1.8B4.6B5.4B6.2B3.5B
Non Current Liabilities Total377.0M851.6M1.8B2.6B3.0B1.6B
Inventory112.6M274.5M406.0M465.3M535.1M293.7M
Other Current Assets9.9M283.2M438.1M481.8M576.4M328.5M
Other Stockholder Equity(85.5M)239.8M(3.0B)2.2B3.1B3.3B
Total Liab873.2M2.1B4.0B5.1B6.1B3.4B
Deferred Long Term Liab39.2M113.8M137.5M225.1M258.9M271.8M
Net Invested Capital(137.3M)(252.4M)1.6B1.3B1.1B631.8M
Property Plant And Equipment Gross143.3M206.4M492.6M1.1B1.8B1.9B
Total Current Assets572.3M1.4B3.7B3.8B3.3B2.4B
Accumulated Other Comprehensive Income39K90K62K671K1.5M1.6M
Capital Stock17K20K58K59K61K42.4K
Non Current Liabilities Other26.1M22.1M1.4M10.8M22.3M12.9M
Net Working Capital76.1M195.6M1.6B1.4B223.0M211.9M
Short Term Debt24.4M41.7M51.3M73.2M111.3M57.6M
Intangible Assets2.5M42.3M59.7M54.7M53.1M39.0M
Common Stock17K20K58K59K61K42.4K
Property Plant Equipment143.4M206.4M492.6M1.1B1.3B1.4B

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