Rexford Accounts Payable vs Other Liab Analysis
REXR Stock | USD 41.97 0.71 1.66% |
Rexford Industrial financial indicator trend analysis is much more than just breaking down Rexford Industrial Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rexford Industrial Realty is a good investment. Please check the relationship between Rexford Industrial Accounts Payable and its Other Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rexford Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Accounts Payable vs Other Liab
Accounts Payable vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rexford Industrial Realty Accounts Payable account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rexford Industrial's Accounts Payable and Other Liab is 0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Liab in the same time period over historical financial statements of Rexford Industrial Realty, assuming nothing else is changed. The correlation between historical values of Rexford Industrial's Accounts Payable and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Rexford Industrial Realty are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Accounts Payable i.e., Rexford Industrial's Accounts Payable and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Rexford Industrial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rexford Industrial Realty are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Other Liab
Most indicators from Rexford Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rexford Industrial Realty 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 Rexford Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Rexford Industrial's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.15, while Discontinued Operations is likely to drop slightly above 1.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 40.1M | 48.5M | 61.4M | 64.5M | Depreciation And Amortization | 308.5M | 411.8M | 214.6M | 133.4M |
Rexford Industrial fundamental ratios Correlations
Click cells to compare fundamentals
Rexford Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rexford Industrial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 5.0B | 6.8B | 9.3B | 10.9B | 11.5B | |
Short Long Term Debt Total | 925.7M | 1.3B | 1.4B | 4.0B | 2.2B | 1.1B | |
Other Current Liab | (37.7M) | 193K | 231K | (2.0B) | 83.7M | 87.9M | |
Total Current Liabilities | 90.5M | 119.6M | 179.4M | 180.2M | 412.4M | 433.1M | |
Total Stockholder Equity | 2.6B | 3.2B | 4.8B | 6.6B | 7.8B | 8.2B | |
Current Deferred Revenue | 37.8M | 44.3M | 73.2M | 20.7M | 199.9M | 209.9M | |
Net Debt | 779.0M | 1.0B | 1.4B | 1.9B | 2.2B | 2.3B | |
Retained Earnings | (118.8M) | (163.4M) | (191.1M) | 157.5M | (338.8M) | (321.9M) | |
Accounts Payable | 31.1M | 45.4M | 65.8M | 97.5M | 128.8M | 135.3M | |
Cash | 78.9M | 176.3M | 44.0M | 36.8M | 33.4M | 55.8M | |
Non Current Assets Total | 3.5B | 4.7B | 6.6B | 9.1B | 10.6B | 11.2B | |
Non Currrent Assets Other | 3.4B | 4.6B | 6.5B | 8.9B | 10.5B | 11.0B | |
Cash And Short Term Investments | 78.9M | 176.3M | 44.0M | 36.8M | 33.4M | 55.8M | |
Net Receivables | 35.6M | 51.1M | 72.5M | 103.4M | 263.6M | 276.8M | |
Common Stock Total Equity | 1.1M | 1.3M | 1.6M | 1.9M | 1.7M | 2.2M | |
Common Stock Shares Outstanding | 106.8M | 121.2M | 140.1M | 171.0M | 203.1M | 213.3M | |
Liabilities And Stockholders Equity | 3.6B | 5.0B | 6.8B | 9.3B | 10.9B | 11.5B | |
Non Current Liabilities Total | 925.7M | 1.3B | 1.5B | 2.2B | 412.4M | 391.8M | |
Other Current Assets | (114.4M) | (228.6M) | (116.5M) | (140.2M) | 2.1M | 2.2M | |
Total Liab | 1.0B | 1.4B | 1.7B | 2.3B | 2.8B | 2.9B | |
Total Current Assets | 128.9M | 241.5M | 132.2M | 141.8M | 309.1M | 324.5M | |
Short Term Debt | 59.3M | 29.7M | 40.1M | 2.1B | 2.4B | 2.5B | |
Intangible Assets | 78.2M | 97.3M | 137.3M | 175.1M | 158.8M | 166.8M | |
Common Stock | 1.1M | 1.3M | 1.6M | 1.9M | 2.1M | 2.1M | |
Other Liab | 97.1M | 111.5M | 200.2M | 240.0M | 276.0M | 289.8M | |
Property Plant And Equipment Net | 2.5B | 3.5M | 5.6M | 8.5M | 7M | 6.7M | |
Other Assets | 3.5B | 4.7B | 54.0M | 8.6B | 9.9B | 10.4B | |
Long Term Debt | 866.3M | 1.2B | 1.4B | 1.9B | 2.2B | 2.3B | |
Short Term Investments | 8.8M | 766K | 6.9B | 11.4M | 9.9M | 9.4M | |
Net Tangible Assets | 2.2B | 2.9B | 4.5B | 6.2B | 7.2B | 7.5B | |
Noncontrolling Interest In Consolidated Entity | 66.3M | 285.5M | 283.1M | 366.4M | 421.4M | 442.4M | |
Retained Earnings Total Equity | (118.8M) | (163.4M) | (191.1M) | (255.7M) | (230.2M) | (218.7M) | |
Long Term Debt Total | 866.3M | 1.2B | 1.4B | 1.9B | 2.2B | 2.3B | |
Capital Surpluse | 2.4B | 3.2B | 4.8B | 6.6B | 7.6B | 8.0B | |
Other Stockholder Equity | 2.4B | 3.2B | 4.8B | 6.2B | 7.9B | 8.3B | |
Deferred Long Term Liab | 19.4M | 25.4M | 34.9M | 49.9M | 57.4M | 60.3M | |
Long Term Investments | 7.2M | 8.8M | 766K | 11.4M | 10.3M | 5.5M |
Pair Trading with Rexford Industrial
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 Rexford Industrial 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 Rexford Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Rexford Stock
Moving against Rexford Stock
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The ability to find closely correlated positions to Rexford Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rexford Industrial 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 Rexford Industrial - 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 Rexford Industrial Realty to buy it.
The correlation of Rexford Industrial 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 Rexford Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rexford Industrial Realty 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 Rexford Industrial 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.Additional Tools for Rexford Stock Analysis
When running Rexford Industrial's price analysis, check to measure Rexford Industrial'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 Rexford Industrial is operating at the current time. Most of Rexford Industrial's value examination focuses on studying past and present price action to predict the probability of Rexford Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rexford Industrial's price. Additionally, you may evaluate how the addition of Rexford Industrial to your portfolios can decrease your overall portfolio volatility.