Rogers Net Income vs Total Operating Expenses Analysis

RCI-A Stock

CAD 53.05 1.95 3.55%

Rogers Communications financial indicator trend analysis is much more than just breaking down Rogers Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rogers Communications is a good investment. Please check the relationship between Rogers Communications Net Income and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Rogers Stock please use our How to Invest in Rogers Communications guide.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Communications Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.

The correlation between Rogers Communications' Net Income and Total Operating Expenses is 0.22. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Rogers Communications, assuming nothing else is changed. The correlation between historical values of Rogers Communications' Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Rogers Communications are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Rogers Communications' Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Rogers Communications financial statement analysis. It represents the amount of money remaining after all of Rogers Communications operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Rogers Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rogers Communications 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 Rogers Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Rogers Stock please use our How to Invest in Rogers Communications guide.At this time, Rogers Communications' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 646.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 2.58 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	14.7B	15.4B	19.3B	10.5B
Depreciation And Amortization	2.7B	2.6B	4.2B	4.4B

Total Revenue Depreciation And Amortization

Rogers Communications fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Inventory	Other Assets	Current Deferred Revenue	Short Term Debt	Other Current Liab	Good Will
Total Assets		0.99	0.9	0.89	0.97	0.99	0.93	0.67	0.16	0.98	-0.03	0.15	0.97	0.45	0.98	-0.06	-0.68	1.0	0.69	0.98	0.56	0.95	0.83	0.61	0.48	0.82
Short Long Term Debt Total	0.99		0.85	0.82	0.96	1.0	0.88	0.61	0.13	0.96	0.06	0.11	0.93	0.4	0.99	-0.05	-0.75	1.0	0.7	0.96	0.46	0.93	0.86	0.56	0.39	0.85
Total Current Liabilities	0.9	0.85		0.94	0.84	0.85	0.96	0.81	0.16	0.85	-0.03	0.2	0.9	0.51	0.81	-0.02	-0.5	0.86	0.73	0.9	0.75	0.86	0.63	0.86	0.63	0.54
Total Stockholder Equity	0.89	0.82	0.94		0.85	0.81	0.99	0.77	0.27	0.85	-0.21	0.28	0.94	0.5	0.79	0.03	-0.34	0.84	0.67	0.89	0.84	0.88	0.56	0.79	0.71	0.53
Property Plant And Equipment Net	0.97	0.96	0.84	0.85		0.95	0.88	0.63	0.18	0.99	-0.19	0.17	0.94	0.55	0.97	-0.21	-0.63	0.97	0.54	0.96	0.53	0.91	0.89	0.49	0.45	0.87
Net Debt	0.99	1.0	0.85	0.81	0.95		0.87	0.62	0.06	0.96	0.08	0.05	0.92	0.39	0.99	-0.07	-0.76	1.0	0.7	0.96	0.45	0.92	0.86	0.55	0.37	0.85
Retained Earnings	0.93	0.88	0.96	0.99	0.88	0.87		0.77	0.26	0.88	-0.15	0.26	0.97	0.5	0.85	0.01	-0.46	0.89	0.73	0.92	0.8	0.92	0.62	0.79	0.67	0.59
Accounts Payable	0.67	0.61	0.81	0.77	0.63	0.62	0.77		0.1	0.62	-0.1	0.14	0.68	0.61	0.57	-0.23	-0.35	0.63	0.56	0.67	0.84	0.61	0.44	0.83	0.57	0.29
Cash	0.16	0.13	0.16	0.27	0.18	0.06	0.26	0.1		0.13	-0.37	0.96	0.2	0.12	0.13	0.24	0.13	0.14	0.23	0.08	0.33	0.26	0.06	0.18	0.35	0.05
Non Current Assets Total	0.98	0.96	0.85	0.85	0.99	0.96	0.88	0.62	0.13		-0.11	0.12	0.94	0.48	0.97	-0.14	-0.63	0.98	0.53	0.98	0.51	0.9	0.88	0.51	0.47	0.88
Non Currrent Assets Other	-0.03	0.06	-0.03	-0.21	-0.19	0.08	-0.15	-0.1	-0.37	-0.11		-0.36	-0.19	-0.43	0.01	0.35	-0.31	0.01	0.27	-0.02	-0.33	-0.16	-0.06	0.09	-0.3	-0.09
Cash And Short Term Investments	0.15	0.11	0.2	0.28	0.17	0.05	0.26	0.14	0.96	0.12	-0.36		0.17	0.14	0.1	0.21	0.17	0.12	0.2	0.08	0.34	0.24	0.05	0.26	0.36	0.02
Net Receivables	0.97	0.93	0.9	0.94	0.94	0.92	0.97	0.68	0.2	0.94	-0.19	0.17		0.45	0.92	-0.01	-0.56	0.95	0.68	0.95	0.68	0.96	0.72	0.64	0.6	0.75
Common Stock Shares Outstanding	0.45	0.4	0.51	0.5	0.55	0.39	0.5	0.61	0.12	0.48	-0.43	0.14	0.45		0.4	-0.78	-0.26	0.43	0.19	0.42	0.48	0.35	0.52	0.29	0.19	0.25
Non Current Liabilities Total	0.98	0.99	0.81	0.79	0.97	0.99	0.85	0.57	0.13	0.97	0.01	0.1	0.92	0.4		-0.09	-0.74	1.0	0.65	0.96	0.42	0.92	0.88	0.48	0.36	0.89
Other Current Assets	-0.06	-0.05	-0.02	0.03	-0.21	-0.07	0.01	-0.23	0.24	-0.14	0.35	0.21	-0.01	-0.78	-0.09		0.19	-0.08	0.24	-0.05	0.01	0.05	-0.41	0.2	0.16	-0.14
Other Stockholder Equity	-0.68	-0.75	-0.5	-0.34	-0.63	-0.76	-0.46	-0.35	0.13	-0.63	-0.31	0.17	-0.56	-0.26	-0.74	0.19		-0.72	-0.58	-0.6	-0.03	-0.57	-0.73	-0.25	0.02	-0.69
Total Liab	1.0	1.0	0.86	0.84	0.97	1.0	0.89	0.63	0.14	0.98	0.01	0.12	0.95	0.43	1.0	-0.08	-0.72		0.68	0.97	0.49	0.93	0.86	0.56	0.42	0.86
Total Current Assets	0.69	0.7	0.73	0.67	0.54	0.7	0.73	0.56	0.23	0.53	0.27	0.2	0.68	0.19	0.65	0.24	-0.58	0.68		0.6	0.5	0.75	0.34	0.74	0.31	0.29
Intangible Assets	0.98	0.96	0.9	0.89	0.96	0.96	0.92	0.67	0.08	0.98	-0.02	0.08	0.95	0.42	0.96	-0.05	-0.6	0.97	0.6		0.58	0.91	0.82	0.62	0.55	0.81
Inventory	0.56	0.46	0.75	0.84	0.53	0.45	0.8	0.84	0.33	0.51	-0.33	0.34	0.68	0.48	0.42	0.01	-0.03	0.49	0.5	0.58		0.59	0.19	0.8	0.82	0.12
Other Assets	0.95	0.93	0.86	0.88	0.91	0.92	0.92	0.61	0.26	0.9	-0.16	0.24	0.96	0.35	0.92	0.05	-0.57	0.93	0.75	0.91	0.59		0.72	0.63	0.54	0.74
Current Deferred Revenue	0.83	0.86	0.63	0.56	0.89	0.86	0.62	0.44	0.06	0.88	-0.06	0.05	0.72	0.52	0.88	-0.41	-0.73	0.86	0.34	0.82	0.19	0.72		0.23	0.2	0.9
Short Term Debt	0.61	0.56	0.86	0.79	0.49	0.55	0.79	0.83	0.18	0.51	0.09	0.26	0.64	0.29	0.48	0.2	-0.25	0.56	0.74	0.62	0.8	0.63	0.23		0.62	0.13
Other Current Liab	0.48	0.39	0.63	0.71	0.45	0.37	0.67	0.57	0.35	0.47	-0.3	0.36	0.6	0.19	0.36	0.16	0.02	0.42	0.31	0.55	0.82	0.54	0.2	0.62		0.19
Good Will	0.82	0.85	0.54	0.53	0.87	0.85	0.59	0.29	0.05	0.88	-0.09	0.02	0.75	0.25	0.89	-0.14	-0.69	0.86	0.29	0.81	0.12	0.74	0.9	0.13	0.19

Click cells to compare fundamentals

Rogers Communications Account Relationship Matchups

Rogers Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.0B	38.9B	42.0B	55.7B	69.3B	72.7B
Short Long Term Debt Total	19.9B	21.3B	22.8B	36.7B	45.2B	47.5B
Total Current Liabilities	6.0B	6.6B	8.6B	9.5B	8.8B	9.2B
Total Stockholder Equity	9.4B	9.6B	10.5B	10.1B	10.4B	11.0B
Property Plant And Equipment Net	13.9B	14.0B	14.7B	15.6B	24.3B	25.5B
Net Debt	19.4B	18.8B	22.1B	36.3B	44.4B	46.6B
Retained Earnings	7.4B	7.9B	8.9B	9.8B	9.8B	10.3B
Accounts Payable	3.0B	2.7B	3.4B	3.7B	4.2B	2.2B
Cash	494M	2.5B	715M	463M	800M	452.0M
Non Current Assets Total	31.9B	31.9B	36.1B	36.4B	61.4B	64.5B
Non Currrent Assets Other	275M	346M	385M	2.4B	670M	829.8M
Cash And Short Term Investments	494M	2.5B	715M	463M	800M	457.5M
Net Receivables	3.5B	3.4B	4.0B	4.3B	5.4B	5.7B
Liabilities And Stockholders Equity	37.0B	38.9B	42.0B	55.7B	69.3B	72.7B
Non Current Liabilities Total	21.6B	22.7B	22.8B	36.0B	50.1B	52.6B
Other Current Assets	524M	516M	497M	561M	266M	288.7M
Other Stockholder Equity	1.5B	1.2B	1.2B	(192M)	(220.8M)	(209.8M)
Total Liab	27.6B	29.3B	31.4B	45.6B	58.8B	61.8B
Total Current Assets	5.1B	6.9B	5.8B	19.3B	7.8B	8.2B
Intangible Assets	8.9B	8.9B	12.3B	12.3B	17.9B	18.8B
Inventory	460M	479M	535M	438M	456M	280.0M
Other Assets	832M	1.1B	1.2B	1.6B	1.8B	1.9B
Accumulated Other Comprehensive Income	1.5B	1.2B	1.2B	(192M)	(1.4B)	(1.3B)
Current Deferred Revenue	224M	336M	394M	400M	773M	811.7M
Short Term Debt	2.5B	2.9B	4.1B	5.2B	3.4B	1.8B
Other Current Liab	239M	587M	722M	252M	434M	255.0M
Good Will	3.9B	4.0B	4.0B	4.0B	16.3B	17.1B
Other Liab	4.2B	4.4B	4.1B	4.4B	5.1B	2.9B
Net Tangible Assets	(3.4B)	(3.3B)	(5.8B)	(6.2B)	(5.6B)	(5.8B)
Long Term Debt	16.0B	16.8B	17.1B	29.9B	39.8B	41.7B
Long Term Investments	2.8B	2.5B	2.5B	2.1B	598M	568.1M
Short Long Term Debt	2.2B	2.7B	3.8B	4.8B	2.9B	2.3B
Property Plant Equipment	13.9B	14.0B	14.7B	15.6B	17.9B	12.3B
Short Term Investments	101M	61M	120M	689M	80M	76M
Non Current Liabilities Other	29M	1.1B	565M	738M	316M	397.4M
Net Invested Capital	27.6B	29.0B	20.9B	34.7B	53.0B	33.4B
Net Working Capital	(847M)	343M	(2.8B)	9.7B	(948M)	(900.6M)

Pair Trading with Rogers Communications

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rogers Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rogers Communications will appreciate offsetting losses from the drop in the long position's value.

Moving against Rogers Stock

0.74	VISA	Visa Inc CDR	Pair Corr
0.64	TSLA	Tesla Inc CDR	Pair Corr
0.53	GOOG	Alphabet CDR	Pair Corr
0.41	NVDA	NVIDIA CDR	Pair Corr
0.34	INTC	INTEL CDR	Pair Corr

The ability to find closely correlated positions to Rogers Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rogers Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rogers Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rogers Communications to buy it.

The correlation of Rogers Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rogers Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rogers Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Rogers Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Rogers Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC