Rogers Other Current Assets vs Inventory Analysis
RCI Stock | USD 35.38 0.17 0.48% |
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 Other Current Assets and its Inventory 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 main economic indicators. For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Communications Other Current Assets account and Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Rogers Communications' Other Current Assets and Inventory is 0.22. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory 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' Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Rogers Communications are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Rogers Communications' Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Inventory
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 main economic indicators. For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.As of now, Rogers Communications' Selling General Administrative is increasing as compared to previous years. The Rogers Communications' current Tax Provision is estimated to increase to about 639.3 M, while Sales General And Administrative To Revenue is projected to decrease to 2.58.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.9B | 6.4B | 4.5B | 5.2B | Total Revenue | 14.7B | 15.4B | 19.3B | 10.5B |
Rogers Communications fundamental ratios Correlations
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Rogers Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 2.5B | 3.3B | 3.6B | 4.0B | 2.2B | |
Cash | 494M | 2.5B | 715M | 463M | 800M | 840M | |
Non Current Assets Total | 31.9B | 31.9B | 36.1B | 36.4B | 61.8B | 64.9B | |
Non Currrent Assets Other | 275M | 346M | 385M | 2.4B | 1.8B | 1.9B | |
Cash And Short Term Investments | 494M | 2.5B | 715M | 463M | 880M | 460.8M | |
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 | 13.4B | 1.3B | 798.8M | |
Other Stockholder Equity | 22.2B | 1.2B | 10.5B | 10.1B | 11.6B | 12.2B | |
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 | 7.5B | 7.9B | |
Intangible Assets | 8.9B | 8.9B | 12.3B | 12.3B | 17.9B | 18.8B | |
Inventory | 460M | 479M | 535M | 438M | 456M | 269.8M | |
Other Assets | 832M | 1.1B | 1.2B | 1.5B | 1.8B | 1.9B | |
Accumulated Other Comprehensive Income | 1.5B | 1.2B | 1.2B | (192M) | (1.4B) | (1.3B) | |
Other Current Liab | 239M | 744M | 1.2B | 821M | 1.4B | 1.5B | |
Other Liab | 4.2B | 4.4B | 4.1B | 4.4B | 5.1B | 5.4B | |
Net Tangible Assets | (3.4B) | (3.3B) | (5.8B) | (6.2B) | (5.6B) | (5.3B) | |
Long Term Debt | 16.0B | 16.8B | 17.1B | 29.9B | 39.8B | 41.7B | |
Good Will | 3.9B | 4.0B | 4.0B | 4.0B | 16.3B | 17.1B | |
Short Term Investments | 101M | 61M | 120M | 689M | 80M | 103.2M | |
Long Term Investments | 2.8B | 2.5B | 2.5B | 2.1B | 598M | 1.1B | |
Short Long Term Debt | 2.2B | 2.7B | 3.8B | 4.8B | 2.9B | 1.8B | |
Short Term Debt | 2.5B | 2.9B | 4.1B | 5.2B | 3.4B | 3.5B | |
Property Plant Equipment | 13.9B | 14.0B | 14.7B | 15.6B | 17.9B | 9.6B | |
Current Deferred Revenue | 224M | 336M | 394M | 400M | 773M | 811.7M | |
Long Term Debt Total | 17.5B | 18.3B | 18.8B | 31.6B | 36.3B | 19.7B | |
Capital Lease Obligations | 1.7B | 1.8B | 2.0B | 2.0B | 2.6B | 2.7B |
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When determining whether Rogers Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rogers Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rogers Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rogers Communications Stock: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 main economic indicators. For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rogers Communications. If investors know Rogers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rogers Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.677 | Dividend Share 2 | Earnings Share 2.02 | Revenue Per Share 38.455 | Quarterly Revenue Growth 0.007 |
The market value of Rogers Communications is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers Communications' value that differs from its market value or its book value, called intrinsic value, which is Rogers Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rogers Communications' market value can be influenced by many factors that don't directly affect Rogers Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rogers Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.