Reinsurance Other Assets vs Short Term Investments Analysis

RGA Stock  USD 231.43  0.73  0.32%   
Reinsurance Group financial indicator trend analysis is much more than just breaking down Reinsurance Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reinsurance Group is a good investment. Please check the relationship between Reinsurance Group Other Assets and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reinsurance Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Assets vs Short Term Investments

Other Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reinsurance Group Other Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Reinsurance Group's Other Assets and Short Term Investments is -0.51. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Reinsurance Group of, assuming nothing else is changed. The correlation between historical values of Reinsurance Group's Other Assets and Short Term Investments 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 Assets of Reinsurance Group of are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Assets i.e., Reinsurance Group's Other Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Assets

Short Term Investments

Short Term Investments is an item under the current assets section of Reinsurance Group balance sheet. It contains any investments Reinsurance Group of undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Reinsurance Group can easily liquidate in the marketplace.
Most indicators from Reinsurance Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reinsurance Group 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 Reinsurance Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The current year's Tax Provision is expected to grow to about 359.1 M. The current year's Issuance Of Capital Stock is expected to grow to about 132.2 M
 2021 2022 2023 2024 (projected)
Gross Profit15.7B15.2B17.5B18.4B
Total Revenue16.7B16.3B18.6B19.5B

Reinsurance Group fundamental ratios Correlations

0.10.58-0.230.980.970.370.6-0.150.610.3-0.47-0.450.920.760.4-0.280.410.790.40.80.95-0.250.780.55-0.93
0.10.230.880.110.020.57-0.040.480.070.160.050.050.12-0.03-0.080.04-0.050.41-0.060.4-0.06-0.320.2-0.05-0.04
0.580.23-0.110.590.450.43-0.020.00.020.66-0.09-0.090.520.430.04-0.550.660.710.650.710.46-0.220.71-0.08-0.58
-0.230.88-0.11-0.22-0.30.35-0.090.45-0.12-0.10.190.18-0.28-0.2-0.070.24-0.360.02-0.360.02-0.37-0.24-0.17-0.070.29
0.980.110.59-0.220.960.350.49-0.210.60.41-0.38-0.370.880.640.25-0.280.50.780.490.790.93-0.330.810.44-0.97
0.970.020.45-0.30.960.30.58-0.210.60.27-0.47-0.460.890.690.35-0.250.410.730.40.730.95-0.260.730.54-0.93
0.370.570.430.350.350.30.030.750.290.310.260.270.340.09-0.060.240.230.720.220.720.170.310.580.01-0.23
0.6-0.04-0.02-0.090.490.580.03-0.10.65-0.56-0.49-0.490.530.830.90.14-0.470.27-0.470.280.62-0.080.21.0-0.38
-0.150.480.00.45-0.21-0.210.75-0.10.04-0.10.250.25-0.05-0.12-0.020.38-0.170.19-0.180.19-0.320.47-0.01-0.090.37
0.610.070.02-0.120.60.60.290.650.04-0.13-0.13-0.120.670.40.330.34-0.080.43-0.090.440.62-0.020.480.64-0.54
0.30.160.66-0.10.410.270.31-0.56-0.1-0.130.210.220.28-0.22-0.66-0.420.940.450.940.450.24-0.20.57-0.61-0.51
-0.470.05-0.090.19-0.38-0.470.26-0.490.25-0.130.211.0-0.51-0.68-0.560.530.0-0.220.01-0.23-0.50.33-0.07-0.470.36
-0.450.05-0.090.18-0.37-0.460.27-0.490.25-0.120.221.0-0.5-0.67-0.570.530.02-0.210.03-0.21-0.480.33-0.06-0.470.35
0.920.120.52-0.280.880.890.340.53-0.050.670.28-0.51-0.50.690.35-0.320.40.720.380.720.89-0.170.70.49-0.85
0.76-0.030.43-0.20.640.690.090.83-0.120.4-0.22-0.68-0.670.690.87-0.35-0.080.47-0.090.480.72-0.180.360.8-0.55
0.4-0.080.04-0.070.250.35-0.060.9-0.020.33-0.66-0.56-0.570.350.87-0.06-0.540.13-0.550.140.39-0.02-0.020.9-0.14
-0.280.04-0.550.24-0.28-0.250.240.140.380.34-0.420.530.53-0.32-0.35-0.06-0.51-0.17-0.51-0.17-0.260.43-0.080.180.35
0.41-0.050.66-0.360.50.410.23-0.47-0.17-0.080.940.00.020.4-0.08-0.54-0.510.491.00.480.37-0.150.61-0.51-0.6
0.790.410.710.020.780.730.720.270.190.430.45-0.22-0.210.720.470.13-0.170.490.481.00.66-0.060.920.23-0.74
0.4-0.060.65-0.360.490.40.22-0.47-0.18-0.090.940.010.030.38-0.09-0.55-0.511.00.480.470.36-0.150.6-0.52-0.59
0.80.40.710.020.790.730.720.280.190.440.45-0.23-0.210.720.480.14-0.170.481.00.470.66-0.060.920.24-0.74
0.95-0.060.46-0.370.930.950.170.62-0.320.620.24-0.5-0.480.890.720.39-0.260.370.660.360.66-0.270.70.58-0.92
-0.25-0.32-0.22-0.24-0.33-0.260.31-0.080.47-0.02-0.20.330.33-0.17-0.18-0.020.43-0.15-0.06-0.15-0.06-0.27-0.07-0.060.35
0.780.20.71-0.170.810.730.580.2-0.010.480.57-0.07-0.060.70.36-0.02-0.080.610.920.60.920.7-0.070.16-0.82
0.55-0.05-0.08-0.070.440.540.011.0-0.090.64-0.61-0.47-0.470.490.80.90.18-0.510.23-0.520.240.58-0.060.16-0.33
-0.93-0.04-0.580.29-0.97-0.93-0.23-0.380.37-0.54-0.510.360.35-0.85-0.55-0.140.35-0.6-0.74-0.59-0.74-0.920.35-0.82-0.33
Click cells to compare fundamentals

Reinsurance Group Account Relationship Matchups

Reinsurance Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets76.7B84.7B92.2B84.7B97.6B102.5B
Short Long Term Debt Total3.9B3.6B4.4B4.2B4.4B3.0B
Total Stockholder Equity11.6B14.4B13.0B4.1B9.1B5.0B
Net Debt2.1B553M899M1.4B1.5B1.9B
Retained Earnings8.0B8.1B8.6B9.0B8.8B9.2B
Net Receivables3.8B3.8B5.5B5.5B5.4B5.7B
Common Stock Shares Outstanding63.9M65.8M68.3M67.7M67.1M64.9M
Liabilities And Stockholders Equity76.7B84.7B92.2B84.7B97.6B102.5B
Non Current Liabilities Total6.3B7.2B6.7B4.0B88.5B92.9B
Other Stockholder Equity511M844M808M782M644M914.8M
Total Liab6.3B70.3B6.7B80.5B88.5B92.9B
Total Current Assets56.5B64.2B69.3B55.8B3.0B2.8B
Other Current Liab(557M)(400M)(613M)(1.5B)(5.4B)(5.2B)
Total Current Liabilities52.6B557M400M613M(4.3B)(4.1B)
Cash1.4B3.4B2.9B2.9B3.0B3.1B
Non Current Assets Total52.0B57.6B61.5B736M94.7B99.4B
Non Currrent Assets Other(2.7B)(3.3B)(2.9B)(56.0B)70.6B74.1B
Other Assets(31.7B)(37.1B)(38.5B)28.1B32.3B33.9B
Cash And Short Term Investments52.6B60.4B63.8B56.0B3.0B2.8B
Short Term Investments51.2B57.0B60.8B53.1B1.8B1.7B
Accumulated Other Comprehensive Income3.1B5.4B3.6B(5.6B)(369M)(350.6M)
Other Liab54.3B59.3B67.7B68.7B79.0B83.0B
Accounts Payable557M598M613M756M1.1B1.4B
Long Term Debt3.1B3.6B4.0B3.8B4.4B2.6B
Treasury Stock(1.4B)(1.6B)(1.7B)(1.7B)(1.5B)(1.5B)
Intangible Assets223M206M186M164M11M10.5M
Net Tangible Assets11.6B14.4B13.0B4.1B4.8B9.3B
Retained Earnings Total Equity8.0B8.1B8.6B9.0B10.3B5.7B
Long Term Debt Total3.5B3.6B4.0B3.8B4.6B3.7B
Capital Surpluse1.9B2.4B2.5B2.5B2.9B2.2B
Other Current Assets6.2B8.4B8.1B(5.6B)9.1B6.7B
Deferred Long Term Liab2.7B3.3B2.9B736M846.4M804.1M
Long Term Investments67.0B72.9B61.0B55.5B63.5B51.9B
Non Current Liabilities Other58.8B63.1B72.4B75.8B87.1B52.6B
Property Plant Equipment145M144M139M272M312.8M328.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Reinsurance Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reinsurance Group's 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 Reinsurance Group Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reinsurance Group Of Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reinsurance Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Reinsurance 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 Reinsurance Group. If investors know Reinsurance 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 Reinsurance Group 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
(0.46)
Dividend Share
3.44
Earnings Share
10.91
Revenue Per Share
329.91
Quarterly Revenue Growth
0.097
The market value of Reinsurance Group is measured differently than its book value, which is the value of Reinsurance that is recorded on the company's balance sheet. Investors also form their own opinion of Reinsurance Group's value that differs from its market value or its book value, called intrinsic value, which is Reinsurance Group's 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 Reinsurance Group's market value can be influenced by many factors that don't directly affect Reinsurance Group's 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 Reinsurance Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reinsurance Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reinsurance Group's 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.