RBLX Stock | | | USD 49.38 0.03 0.06% |
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 Capital Stock and its Accounts Payable 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.
Capital Stock vs Accounts Payable
Capital Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Roblox Corp Capital Stock account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Roblox Corp's Capital Stock and Accounts Payable is 0.97. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable 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 Capital Stock 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 Capital Stock of Roblox Corp 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 Capital Stock i.e., Roblox Corp's Capital Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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.
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.
Roblox Corp fundamental ratios Correlations
Click cells to compare fundamentals
Roblox Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roblox Corp fundamental ratios Accounts
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Additional Tools for Roblox Stock Analysis
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measure Roblox Corp'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 Roblox Corp is operating at the current time. Most of Roblox Corp's value examination focuses on studying past and present price action to
predict the probability of Roblox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roblox Corp's price. Additionally, you may evaluate how the addition of Roblox Corp to your portfolios can decrease your overall portfolio volatility.