Rocket Common Stock Shares Outstanding vs Other Assets Analysis

RCKT Stock  USD 14.10  0.01  0.07%   
Rocket Pharmaceuticals financial indicator trend analysis is much more than just breaking down Rocket Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocket Pharmaceuticals is a good investment. Please check the relationship between Rocket Pharmaceuticals Common Stock Shares Outstanding and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Pharmaceuticals guide.

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocket Pharmaceuticals Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Rocket Pharmaceuticals' Common Stock Shares Outstanding and Other Assets is 0.12. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Rocket Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Rocket Pharmaceuticals' Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Rocket Pharmaceuticals 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 Common Stock Shares Outstanding i.e., Rocket Pharmaceuticals' Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

Most indicators from Rocket Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocket Pharmaceuticals 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 Rocket Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Pharmaceuticals guide.At this time, Rocket Pharmaceuticals' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2.6 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 203.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.9M1.9M1.9M3.3M
Depreciation And Amortization5.4M6.3M7.1M7.5M

Rocket Pharmaceuticals fundamental ratios Correlations

0.540.810.830.95-0.24-0.77-0.690.360.80.840.80.990.910.88-0.090.960.840.630.990.690.890.410.99-0.180.64
0.540.380.370.490.05-0.46-0.19-0.040.630.290.40.620.510.420.570.570.360.730.620.180.45-0.090.54-0.480.89
0.810.380.990.92-0.06-0.37-0.920.320.390.980.670.760.910.97-0.160.730.970.590.760.550.960.820.810.250.55
0.830.370.990.93-0.06-0.41-0.920.320.420.980.680.780.910.96-0.160.760.980.60.780.630.950.810.820.240.52
0.950.490.920.93-0.14-0.7-0.810.310.710.930.750.940.980.96-0.180.910.940.560.940.660.970.560.96-0.080.61
-0.240.05-0.06-0.06-0.140.230.05-0.95-0.2-0.19-0.18-0.17-0.07-0.060.14-0.33-0.08-0.03-0.18-0.13-0.09-0.13-0.17-0.04-0.04
-0.77-0.46-0.37-0.41-0.70.230.2-0.17-0.98-0.43-0.64-0.83-0.63-0.550.06-0.84-0.43-0.33-0.83-0.6-0.540.13-0.790.53-0.38
-0.69-0.19-0.92-0.92-0.810.050.2-0.34-0.21-0.93-0.49-0.62-0.79-0.860.31-0.59-0.96-0.41-0.62-0.5-0.86-0.87-0.69-0.26-0.45
0.36-0.040.320.320.31-0.95-0.17-0.340.140.430.270.260.250.27-0.230.40.330.120.270.210.310.430.290.190.12
0.80.630.390.420.71-0.2-0.98-0.210.140.430.650.860.660.560.080.860.440.450.860.560.56-0.150.81-0.580.53
0.840.290.980.980.93-0.19-0.43-0.930.430.430.690.780.90.97-0.230.770.980.540.780.630.950.820.830.250.49
0.80.40.670.680.75-0.18-0.64-0.490.270.650.690.780.750.760.130.760.640.670.780.530.720.330.79-0.010.45
0.990.620.760.780.94-0.17-0.83-0.620.260.860.780.780.910.85-0.040.970.790.621.00.670.870.30.99-0.30.67
0.910.510.910.910.98-0.07-0.63-0.790.250.660.90.750.910.96-0.190.850.920.530.910.520.990.560.93-0.080.66
0.880.420.970.960.96-0.06-0.55-0.860.270.560.970.760.850.96-0.160.810.960.580.850.590.980.680.890.120.59
-0.090.57-0.16-0.16-0.180.140.060.31-0.230.08-0.230.13-0.04-0.19-0.16-0.03-0.230.66-0.04-0.04-0.22-0.33-0.14-0.10.31
0.960.570.730.760.91-0.33-0.84-0.590.40.860.770.760.970.850.81-0.030.760.620.970.750.820.310.95-0.230.59
0.840.360.970.980.94-0.08-0.43-0.960.330.440.980.640.790.920.96-0.230.760.520.790.60.960.780.840.130.57
0.630.730.590.60.56-0.03-0.33-0.410.120.450.540.670.620.530.580.660.620.520.630.490.530.280.580.040.65
0.990.620.760.780.94-0.18-0.83-0.620.270.860.780.781.00.910.85-0.040.970.790.630.670.870.310.99-0.30.67
0.690.180.550.630.66-0.13-0.6-0.50.210.560.630.530.670.520.59-0.040.750.60.490.670.520.330.670.060.1
0.890.450.960.950.97-0.09-0.54-0.860.310.560.950.720.870.990.98-0.220.820.960.530.870.520.670.90.030.62
0.41-0.090.820.810.56-0.130.13-0.870.43-0.150.820.330.30.560.68-0.330.310.780.280.310.330.670.390.640.16
0.990.540.810.820.96-0.17-0.79-0.690.290.810.830.790.990.930.89-0.140.950.840.580.990.670.90.39-0.230.64
-0.18-0.480.250.24-0.08-0.040.53-0.260.19-0.580.25-0.01-0.3-0.080.12-0.1-0.230.130.04-0.30.060.030.64-0.23-0.35
0.640.890.550.520.61-0.04-0.38-0.450.120.530.490.450.670.660.590.310.590.570.650.670.10.620.160.64-0.35
Click cells to compare fundamentals

Rocket Pharmaceuticals Account Relationship Matchups

Rocket Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets372.1M590.8M497.0M551.8M566.3M292.8M
Short Long Term Debt Total47.4M61.7M22.6M22.9M25.0M30.8M
Other Current Liab16.8M23.2M17.1M34.2M43.1M45.2M
Total Current Liabilities18.3M32.6M22.2M39.2M48.5M50.9M
Total Stockholder Equity307.3M503.5M454.7M489.7M492.6M517.2M
Current Deferred Revenue562K590K(482.0)(36.7M)10.1M10.6M
Net Debt(137.9M)(235.4M)(210.1M)(117.7M)(30.9M)(32.4M)
Retained Earnings(183.1M)(322.8M)(491.9M)(713.8M)(959.4M)(911.4M)
Accounts Payable340.0835.0482.036.7M1.8K1.7K
Cash185.4M297.1M232.7M140.5M55.9M53.1M
Non Current Assets Total64.4M103.5M105.0M187.7M188.1M197.5M
Non Currrent Assets Other2.0M2.0M1.8M1.9M1.9M1.2M
Cash And Short Term Investments304.1M482.7M388.7M356.4M373.2M226.1M
Common Stock Total Equity452K548K610K645K741.8K778.8K
Common Stock Shares Outstanding49.0M55.4M63.2M68.1M84.0M88.2M
Liabilities And Stockholders Equity372.1M590.8M497.0M551.8M566.3M292.8M
Non Current Liabilities Total46.5M54.7M20.1M23.0M25.3M29.4M
Other Current Assets3.6M9.3M6.6M7.7M5.0M3.6M
Other Stockholder Equity489.9M825.8M946.2M1.2B1.5B1.5B
Total Liab64.8M87.3M42.3M62.1M73.8M59.0M
Total Current Assets307.8M487.3M392.1M364.1M378.2M229.0M
Accumulated Other Comprehensive Income20K(42K)(161K)(357K)319K335.0K
Short Term Debt957K9.4M5.1M5.0M5.4M3.5M
Common Stock548K610K645K791K903K948.2K
Other Liab23K136K80K2.6M3.0M3.1M
Net Tangible Assets307.3M503.5M454.8M424.8M488.5M252.1M
Long Term Debt49.5M41.4M45.0M35.1M40.3M35.0M
Property Plant And Equipment Net31.3M70.6M72.3M77.6M87.6M92.0M
Retained Earnings Total Equity(105.9M)(183.1M)(322.8M)(491.9M)(442.7M)(420.6M)
Short Term Investments118.7M185.6M156.0M215.9M317.3M333.1M
Capital Surpluse300.3M489.9M825.8M946.2M1.1B549.2M
Property Plant And Equipment Gross31.3M70.6M77.6M86.7M101.6M106.7M
Property Plant Equipment29.3M19.2M72.3M77.6M89.3M93.8M
Long Term Debt Total49.5M41.4M45.0M35.1M31.6M35.2M

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Additional Tools for Rocket Stock Analysis

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