RPC Inventory vs Non Currrent Assets Other Analysis

RES Stock  USD 5.97  0.13  2.23%   
RPC financial indicator trend analysis is much more than just breaking down RPC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RPC Inc is a good investment. Please check the relationship between RPC Inventory and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RPC Inc Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between RPC's Inventory and Non Currrent Assets Other is 0.27. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of RPC Inc, assuming nothing else is changed. The correlation between historical values of RPC's Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of RPC Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., RPC's Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from RPC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RPC Inc 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 RPC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, RPC's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 3.91 in 2024, whereas Selling General Administrative is likely to drop slightly above 130.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.9M614K341K324.0K
Depreciation And Amortization72.7M83.0M108.1M80.2M

RPC fundamental ratios Correlations

0.620.790.820.940.820.270.940.070.850.280.070.9-0.220.730.940.08-0.720.80.730.910.460.820.630.510.64
0.620.680.690.320.670.830.32-0.460.63-0.14-0.460.710.120.940.470.27-0.230.910.280.490.350.730.050.970.08
0.790.680.760.640.830.50.64-0.250.82-0.13-0.250.740.150.80.730.02-0.320.830.50.640.560.80.330.60.32
0.820.690.760.670.760.50.68-0.210.78-0.1-0.210.930.230.760.740.21-0.60.880.340.80.310.980.590.680.59
0.940.320.640.670.68-0.051.00.330.720.450.330.77-0.360.450.94-0.01-0.790.540.760.90.40.660.740.180.75
0.820.670.830.760.680.580.69-0.410.99-0.07-0.410.690.230.850.85-0.12-0.510.870.420.550.580.790.550.60.57
0.270.830.50.5-0.050.58-0.04-0.860.52-0.47-0.860.420.440.820.180.080.040.76-0.130.060.20.54-0.120.9-0.07
0.940.320.640.681.00.69-0.040.310.730.430.310.77-0.340.450.940.0-0.80.550.740.90.390.660.760.190.76
0.07-0.46-0.25-0.210.33-0.41-0.860.31-0.340.671.0-0.05-0.65-0.50.040.19-0.24-0.430.490.33-0.18-0.260.19-0.550.14
0.850.630.820.780.720.990.520.73-0.340.0-0.340.70.230.830.87-0.1-0.570.860.450.590.540.790.630.570.64
0.28-0.14-0.13-0.10.45-0.07-0.470.430.670.00.670.09-0.62-0.140.27-0.03-0.36-0.140.660.36-0.06-0.170.33-0.230.27
0.07-0.46-0.25-0.210.33-0.41-0.860.311.0-0.340.67-0.05-0.65-0.50.040.19-0.24-0.430.490.33-0.18-0.260.19-0.550.14
0.90.710.740.930.770.690.420.77-0.050.70.09-0.05-0.10.730.780.24-0.630.830.520.920.310.930.510.660.53
-0.220.120.150.23-0.360.230.44-0.34-0.650.23-0.62-0.65-0.10.2-0.160.010.160.22-0.58-0.340.050.210.10.230.06
0.730.940.80.760.450.850.820.45-0.50.83-0.14-0.50.730.20.620.15-0.310.980.390.520.460.790.220.910.23
0.940.470.730.740.940.850.180.940.040.870.270.040.78-0.160.62-0.14-0.740.690.610.810.540.760.740.340.77
0.080.270.020.21-0.01-0.120.080.00.19-0.1-0.030.190.240.010.15-0.14-0.30.180.090.26-0.370.12-0.020.29-0.05
-0.72-0.23-0.32-0.6-0.79-0.510.04-0.8-0.24-0.57-0.36-0.24-0.630.16-0.31-0.74-0.3-0.42-0.39-0.73-0.02-0.52-0.87-0.15-0.9
0.80.910.830.880.540.870.760.55-0.430.86-0.14-0.430.830.220.980.690.18-0.420.40.640.440.890.350.890.36
0.730.280.50.340.760.42-0.130.740.490.450.660.490.52-0.580.390.610.09-0.390.40.710.270.320.310.180.26
0.910.490.640.80.90.550.060.90.330.590.360.330.92-0.340.520.810.26-0.730.640.710.280.780.610.390.6
0.460.350.560.310.40.580.20.39-0.180.54-0.06-0.180.310.050.460.54-0.37-0.020.440.270.280.470.080.230.1
0.820.730.80.980.660.790.540.66-0.260.79-0.17-0.260.930.210.790.760.12-0.520.890.320.780.470.510.690.52
0.630.050.330.590.740.55-0.120.760.190.630.330.190.510.10.220.74-0.02-0.870.350.310.610.080.510.00.99
0.510.970.60.680.180.60.90.19-0.550.57-0.23-0.550.660.230.910.340.29-0.150.890.180.390.230.690.00.02
0.640.080.320.590.750.57-0.070.760.140.640.270.140.530.060.230.77-0.05-0.90.360.260.60.10.520.990.02
Click cells to compare fundamentals

RPC Account Relationship Matchups

RPC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B790.5M864.4M1.1B1.3B1.4B
Other Current Liab37.6M16.2M722K37.1M43.1M29.0M
Total Current Liabilities101.4M79.6M130.8M178.6M151.9M82.5M
Total Stockholder Equity830.3M631.6M641.8M857.7M1.0B1.1B
Property Plant And Equipment Net550.6M291.7M299.3M362.0M460.7M297.7M
Net Debt(11.0M)(54.2M)(36.1M)(96.2M)(196.1M)(186.3M)
Retained Earnings832.1M627.8M640.9M856.0M1.0B1.1B
Cash50.0M84.5M82.4M126.4M223.3M234.5M
Non Current Assets Total616.4M362.1M372.4M425.7M587.5M333.9M
Non Currrent Assets Other33.6M38.3M40.9M(5.9M)63.1M66.2M
Cash And Short Term Investments50.0M84.5M82.4M126.4M223.3M234.5M
Net Receivables266.7M244.7M317.1M459.0M377.2M396.0M
Common Stock Shares Outstanding212.2M212.5M213.0M213.3M212.9M172.7M
Liabilities And Stockholders Equity1.1B790.5M864.4M1.1B1.3B1.4B
Non Current Liabilities Total121.5M79.4M91.7M92.7M140.2M101.5M
Inventory100.9M82.9M79.0M97.1M110.9M116.4M
Other Current Assets3.3M16.2M13.5M20.8M15.7M11.8M
Other Stockholder Equity(223K)(17.7M)(20.7M)(19.9M)(1.0)(0.95)
Total Liab222.9M158.9M222.6M271.3M292.0M184.0M
Property Plant And Equipment Gross550.6M291.7M299.3M362.0M1.3B1.3B
Total Current Assets436.9M428.4M492.0M703.3M727.1M763.4M
Accumulated Other Comprehensive Income(23.2M)(17.7M)(20.7M)(19.9M)(2.4M)(2.5M)
Accounts Payable53.1M41.1M74.4M115.2M85.0M54.1M
Common Stock Total Equity21.5M21.4M21.5M21.6M24.8M14.8M
Short Term Debt10.6M18.4M53.2M21.5M7.7M7.4M
Common Stock21.4M21.5M21.6M21.7M21.5M15.6M
Other Liab93.1M58.3M72.0M73.2M84.1M59.2M
Other Assets33.6M164.8M197.9M31.6M36.3M36.6M
Property Plant Equipment516.7M264.4M299.3M362.0M416.3M444.0M
Net Tangible Assets798.2M599.4M609.6M825.6M743.0M653.5M
Retained Earnings Total Equity947.7M832.1M627.8M640.9M737.1M735.9M
Deferred Long Term Liab37.3M13.3M200K300K270K256.5K
Non Current Liabilities Other84.2M66.0M7.1M5.4M7.8M7.4M
Cash And Equivalents50.0M84.5M82.4M126.4M113.8M78.0M
Net Invested Capital830.3M631.6M641.8M857.7M1.0B668.1M

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Additional Tools for RPC Stock Analysis

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