Reinsurance Total Current Assets vs Gross Profit Margin Analysis
RGA Stock | USD 230.70 1.53 0.67% |
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 Total Current Assets and its Gross Profit Margin 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.
Total Current Assets vs Gross Profit Margin
Total Current Assets vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reinsurance Group Total Current Assets account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reinsurance Group's Total Current Assets and Gross Profit Margin is -0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Gross Profit Margin 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 Total Current Assets and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Reinsurance Group of are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Assets i.e., Reinsurance Group's Total Current Assets and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Gross Profit Margin
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 Profit | 15.7B | 15.2B | 17.5B | 18.4B | Total Revenue | 16.7B | 16.3B | 18.6B | 19.5B |
Reinsurance Group fundamental ratios Correlations
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Reinsurance Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reinsurance Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 76.7B | 84.7B | 92.2B | 84.7B | 97.6B | 102.5B | |
Short Long Term Debt Total | 3.9B | 3.6B | 4.4B | 4.2B | 4.4B | 3.0B | |
Total Stockholder Equity | 11.6B | 14.4B | 13.0B | 4.1B | 9.1B | 5.0B | |
Net Debt | 2.1B | 553M | 899M | 1.4B | 1.5B | 1.9B | |
Retained Earnings | 8.0B | 8.1B | 8.6B | 9.0B | 8.8B | 9.2B | |
Net Receivables | 3.8B | 3.8B | 5.5B | 5.5B | 5.4B | 5.7B | |
Common Stock Shares Outstanding | 63.9M | 65.8M | 68.3M | 67.7M | 67.1M | 64.9M | |
Liabilities And Stockholders Equity | 76.7B | 84.7B | 92.2B | 84.7B | 97.6B | 102.5B | |
Non Current Liabilities Total | 6.3B | 7.2B | 6.7B | 4.0B | 88.5B | 92.9B | |
Other Stockholder Equity | 511M | 844M | 808M | 782M | 644M | 914.8M | |
Total Liab | 6.3B | 70.3B | 6.7B | 80.5B | 88.5B | 92.9B | |
Total Current Assets | 56.5B | 64.2B | 69.3B | 55.8B | 3.0B | 2.8B | |
Other Current Liab | (557M) | (400M) | (613M) | (1.5B) | (5.4B) | (5.2B) | |
Total Current Liabilities | 52.6B | 557M | 400M | 613M | (4.3B) | (4.1B) | |
Cash | 1.4B | 3.4B | 2.9B | 2.9B | 3.0B | 3.1B | |
Non Current Assets Total | 52.0B | 57.6B | 61.5B | 736M | 94.7B | 99.4B | |
Non Currrent Assets Other | (2.7B) | (3.3B) | (2.9B) | (56.0B) | 70.6B | 74.1B | |
Other Assets | (31.7B) | (37.1B) | (38.5B) | 28.1B | 32.3B | 33.9B | |
Cash And Short Term Investments | 52.6B | 60.4B | 63.8B | 56.0B | 3.0B | 2.8B | |
Short Term Investments | 51.2B | 57.0B | 60.8B | 53.1B | 1.8B | 1.7B | |
Accumulated Other Comprehensive Income | 3.1B | 5.4B | 3.6B | (5.6B) | (369M) | (350.6M) | |
Other Liab | 54.3B | 59.3B | 67.7B | 68.7B | 79.0B | 83.0B | |
Accounts Payable | 557M | 598M | 613M | 756M | 1.1B | 1.4B | |
Long Term Debt | 3.1B | 3.6B | 4.0B | 3.8B | 4.4B | 2.6B | |
Treasury Stock | (1.4B) | (1.6B) | (1.7B) | (1.7B) | (1.5B) | (1.5B) | |
Intangible Assets | 223M | 206M | 186M | 164M | 11M | 10.5M | |
Net Tangible Assets | 11.6B | 14.4B | 13.0B | 4.1B | 4.8B | 9.3B | |
Retained Earnings Total Equity | 8.0B | 8.1B | 8.6B | 9.0B | 10.3B | 5.7B | |
Long Term Debt Total | 3.5B | 3.6B | 4.0B | 3.8B | 4.6B | 3.7B | |
Capital Surpluse | 1.9B | 2.4B | 2.5B | 2.5B | 2.9B | 2.2B | |
Other Current Assets | 6.2B | 8.4B | 8.1B | (5.6B) | 9.1B | 6.7B | |
Deferred Long Term Liab | 2.7B | 3.3B | 2.9B | 736M | 846.4M | 804.1M | |
Long Term Investments | 67.0B | 72.9B | 61.0B | 55.5B | 63.5B | 51.9B | |
Non Current Liabilities Other | 58.8B | 63.1B | 72.4B | 75.8B | 87.1B | 52.6B | |
Property Plant Equipment | 145M | 144M | 139M | 272M | 312.8M | 328.4M |
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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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.