Reece Other Stockholder Equity vs Short Term Debt Analysis

REH Stock

25.74 0.15 0.59%

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

Other Stockholder Equity vs Short Term Debt

Other Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reece Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Reece's Other Stockholder Equity and Short Term Debt is -0.38. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Reece, assuming nothing else is changed. The correlation between historical values of Reece's Other Stockholder Equity and Short Term Debt 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 Stockholder Equity of Reece are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Reece's Other Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Stockholder Equity

Short Term Debt

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

Selling General Administrative is likely to drop to about 1 M in 2024. Tax Provision is likely to drop to about 119.6 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	68.4M	86.3M	104.3M	109.5M
Depreciation And Amortization	258.2M	289.9M	325.4M	341.7M

Interest Expense Depreciation And Amortization

Reece fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other
Total Assets		0.92	0.99	0.99	0.98	0.97	0.48	0.93	0.93	0.97	0.6	1.0	0.6	0.99	0.98	0.98	0.88	0.95	0.98	-0.39	0.98	0.97	1.0	0.86	0.98	-0.37
Short Long Term Debt Total	0.92		0.9	0.86	0.89	0.84	0.46	0.82	0.8	0.83	0.76	0.9	0.76	0.87	0.91	0.95	0.78	0.91	0.87	-0.37	0.91	0.84	0.94	0.68	0.95	-0.47
Other Current Liab	0.99	0.9		0.99	0.98	0.96	0.43	0.92	0.93	0.97	0.55	0.98	0.55	0.99	0.96	0.97	0.91	0.92	0.98	-0.44	0.96	0.97	0.99	0.86	0.97	-0.39
Total Current Liabilities	0.99	0.86	0.99		0.98	0.98	0.47	0.91	0.95	0.99	0.51	0.98	0.51	1.0	0.95	0.96	0.89	0.9	0.99	-0.44	0.96	0.99	0.98	0.89	0.96	-0.36
Total Stockholder Equity	0.98	0.89	0.98	0.98		0.98	0.41	0.86	0.98	0.98	0.55	0.97	0.55	0.98	0.93	0.97	0.84	0.87	0.98	-0.34	0.93	0.98	0.98	0.86	0.97	-0.32
Property Plant And Equipment Net	0.97	0.84	0.96	0.98	0.98		0.44	0.86	0.96	0.98	0.53	0.97	0.53	0.97	0.91	0.95	0.83	0.87	0.96	-0.33	0.92	1.0	0.97	0.91	0.95	-0.32
Current Deferred Revenue	0.48	0.46	0.43	0.47	0.41	0.44		0.44	0.29	0.41	0.57	0.47	0.57	0.44	0.45	0.5	0.52	0.54	0.39	-0.51	0.52	0.46	0.49	0.42	0.5	-0.52
Net Debt	0.93	0.82	0.92	0.91	0.86	0.86	0.44		0.79	0.9	0.42	0.95	0.42	0.92	0.98	0.87	0.87	0.96	0.91	-0.38	0.96	0.86	0.9	0.79	0.87	-0.3
Retained Earnings	0.93	0.8	0.93	0.95	0.98	0.96	0.29	0.79		0.97	0.44	0.92	0.44	0.95	0.87	0.9	0.75	0.78	0.96	-0.27	0.86	0.96	0.94	0.85	0.9	-0.22
Accounts Payable	0.97	0.83	0.97	0.99	0.98	0.98	0.41	0.9	0.97		0.45	0.97	0.45	0.99	0.94	0.93	0.84	0.87	0.99	-0.42	0.93	0.98	0.97	0.89	0.93	-0.3
Cash	0.6	0.76	0.55	0.51	0.55	0.53	0.57	0.42	0.44	0.45		0.56	1.0	0.47	0.55	0.66	0.43	0.66	0.45	-0.3	0.62	0.54	0.63	0.45	0.66	-0.59
Non Current Assets Total	1.0	0.9	0.98	0.98	0.97	0.97	0.47	0.95	0.92	0.97	0.56		0.56	0.98	0.99	0.97	0.88	0.96	0.97	-0.37	0.99	0.97	0.98	0.86	0.97	-0.34
Cash And Short Term Investments	0.6	0.76	0.55	0.51	0.55	0.53	0.57	0.42	0.44	0.45	1.0	0.56		0.47	0.55	0.66	0.43	0.66	0.45	-0.3	0.62	0.54	0.63	0.45	0.66	-0.59
Net Receivables	0.99	0.87	0.99	1.0	0.98	0.97	0.44	0.92	0.95	0.99	0.47	0.98	0.47		0.96	0.96	0.89	0.9	1.0	-0.41	0.95	0.98	0.98	0.87	0.96	-0.33
Good Will	0.98	0.91	0.96	0.95	0.93	0.91	0.45	0.98	0.87	0.94	0.55	0.99	0.55	0.96		0.94	0.89	0.98	0.95	-0.39	0.99	0.92	0.96	0.81	0.94	-0.33
Common Stock Total Equity	0.98	0.95	0.97	0.96	0.97	0.95	0.5	0.87	0.9	0.93	0.66	0.97	0.66	0.96	0.94		0.89	0.92	0.95	-0.41	0.95	0.95	0.98	0.83	1.0	-0.37
Common Stock Shares Outstanding	0.88	0.78	0.91	0.89	0.84	0.83	0.52	0.87	0.75	0.84	0.43	0.88	0.43	0.89	0.89	0.89		0.85	0.88	-0.54	0.88	0.85	0.87	0.8	0.89	-0.33
Non Current Liabilities Total	0.95	0.91	0.92	0.9	0.87	0.87	0.54	0.96	0.78	0.87	0.66	0.96	0.66	0.9	0.98	0.92	0.85		0.88	-0.4	0.99	0.87	0.93	0.78	0.92	-0.43
Inventory	0.98	0.87	0.98	0.99	0.98	0.96	0.39	0.91	0.96	0.99	0.45	0.97	0.45	1.0	0.95	0.95	0.88	0.88		-0.41	0.94	0.97	0.98	0.86	0.95	-0.32
Other Stockholder Equity	-0.39	-0.37	-0.44	-0.44	-0.34	-0.33	-0.51	-0.38	-0.27	-0.42	-0.3	-0.37	-0.3	-0.41	-0.39	-0.41	-0.54	-0.4	-0.41		-0.43	-0.36	-0.43	-0.38	-0.41	0.54
Total Liab	0.98	0.91	0.96	0.96	0.93	0.92	0.52	0.96	0.86	0.93	0.62	0.99	0.62	0.95	0.99	0.95	0.88	0.99	0.94	-0.43		0.93	0.97	0.83	0.95	-0.41
Property Plant And Equipment Gross	0.97	0.84	0.97	0.99	0.98	1.0	0.46	0.86	0.96	0.98	0.54	0.97	0.54	0.98	0.92	0.95	0.85	0.87	0.97	-0.36	0.93		0.97	0.91	0.95	-0.35
Total Current Assets	1.0	0.94	0.99	0.98	0.98	0.97	0.49	0.9	0.94	0.97	0.63	0.98	0.63	0.98	0.96	0.98	0.87	0.93	0.98	-0.43	0.97	0.97		0.85	0.98	-0.42
Short Term Debt	0.86	0.68	0.86	0.89	0.86	0.91	0.42	0.79	0.85	0.89	0.45	0.86	0.45	0.87	0.81	0.83	0.8	0.78	0.86	-0.38	0.83	0.91	0.85		0.83	-0.27
Common Stock	0.98	0.95	0.97	0.96	0.97	0.95	0.5	0.87	0.9	0.93	0.66	0.97	0.66	0.96	0.94	1.0	0.89	0.92	0.95	-0.41	0.95	0.95	0.98	0.83		-0.37
Non Currrent Assets Other	-0.37	-0.47	-0.39	-0.36	-0.32	-0.32	-0.52	-0.3	-0.22	-0.3	-0.59	-0.34	-0.59	-0.33	-0.33	-0.37	-0.33	-0.43	-0.32	0.54	-0.41	-0.35	-0.42	-0.27	-0.37

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Reece Account Relationship Matchups

Reece fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	6.1B	6.6B	6.9B	7.1B	7.4B
Short Long Term Debt Total	2.5B	2.0B	1.9B	2.0B	1.8B	1.9B
Other Current Liab	349.1M	425.8M	456.7M	492.2M	467.8M	491.1M
Total Current Liabilities	1.1B	1.3B	1.5B	1.4B	1.5B	1.6B
Total Stockholder Equity	2.7B	2.9B	3.3B	3.6B	3.9B	4.1B
Property Plant And Equipment Net	1.3B	1.3B	1.5B	1.6B	1.8B	1.9B
Current Deferred Revenue	34.4M	32.3M	30.8M	11.4M	560K	532K
Net Debt	1.5B	1.2B	1.7B	1.6B	1.5B	1.6B
Retained Earnings	1.5B	1.7B	1.9B	2.2B	2.4B	2.6B
Accounts Payable	591.9M	688.3M	854.0M	786.0M	874.8M	918.6M
Cash	1.0B	829.0M	220.5M	372.7M	341.4M	358.4M
Non Current Assets Total	3.4B	3.1B	3.5B	3.7B	3.9B	4.1B
Cash And Short Term Investments	1.0B	829.0M	220.5M	372.7M	341.4M	358.4M
Net Receivables	915.7M	1.0B	1.3B	1.3B	1.3B	1.4B
Good Will	1.5B	1.4B	1.5B	1.5B	1.5B	1.6B
Common Stock Shares Outstanding	564.5M	574.1M	646.0M	645.7M	644.9M	612.6M
Liabilities And Stockholders Equity	6.3B	6.1B	6.6B	6.9B	7.1B	7.4B
Non Current Liabilities Total	2.5B	2.0B	1.8B	1.9B	1.7B	1.8B
Inventory	967.5M	1.1B	1.5B	1.5B	1.5B	1.6B
Other Stockholder Equity	(51.0K)	1.0	(2.9B)	(3.2B)	0.9	0.95
Total Liab	3.6B	3.2B	3.3B	3.3B	3.2B	3.4B
Property Plant And Equipment Gross	1.3B	1.3B	1.6B	1.7B	1.8B	1.9B
Total Current Assets	2.9B	3.0B	3.1B	3.2B	3.2B	3.4B
Accumulated Other Comprehensive Income	30.4M	(39.5M)	126.8M	192.3M	193.3M	203.0M
Short Term Debt	99.9M	112.4M	118.6M	131.4M	135.8M	142.6M
Non Currrent Assets Other	(1.5B)	(1.4B)	(1.5B)	(1.5B)	(2.0)	(2.1)
Other Current Assets	15.9M	19.8M	29.8M	28.9M	31.5M	26.8M
Intangible Assets	2.0B	1.8B	1.9B	2.0B	460.9M	422.7M
Other Liab	111.3M	67.8M	42.4M	47.4M	54.5M	57.3M
Other Assets	39.3M	49.8M	53.7M	1.0	72.6M	0.95
Property Plant Equipment	1.3B	1.3B	1.5B	1.6B	1.8B	1.9B
Long Term Debt	1.7B	1.3B	1.1B	1.1B	859.3M	699.7M
Long Term Debt Total	2.4B	1.9B	1.8B	1.8B	2.1B	1.2B
Net Tangible Assets	778.9M	1.1B	1.4B	1.6B	1.8B	1.2B
Net Invested Capital	4.5B	4.2B	4.4B	4.7B	4.7B	4.0B

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