Robert Total Current Liabilities vs Total Current Assets Analysis
RHI Stock | USD 74.64 0.94 1.28% |
Robert Half financial indicator trend analysis is much more than just breaking down Robert Half International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Robert Half International is a good investment. Please check the relationship between Robert Half Total Current Liabilities and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Robert Half International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Robert Half International Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Robert Half's Total Current Liabilities and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Robert Half International, assuming nothing else is changed. The correlation between historical values of Robert Half's Total Current Liabilities and Total Current Assets 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 Liabilities of Robert Half International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Robert Half's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Robert Half balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Robert Half International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Most indicators from Robert Half's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Robert Half International 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 Robert Half International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. The Robert Half's current Enterprise Value is estimated to increase to about 4.1 B, while Selling General Administrative is projected to decrease to under 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7B | 3.1B | 2.6B | 1.3B | Total Revenue | 6.5B | 7.2B | 6.4B | 6.7B |
Robert Half fundamental ratios Correlations
Click cells to compare fundamentals
Robert Half Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Robert Half fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.6B | 3.0B | 3.0B | 3.0B | 3.2B | |
Short Long Term Debt Total | 273.8M | 302.7M | 265.1M | 237.9M | 241.9M | 254.0M | |
Total Stockholder Equity | 1.1B | 1.2B | 1.4B | 1.6B | 1.6B | 1.7B | |
Net Debt | 3.3M | (271.7M) | (353.9M) | (420.8M) | (489.8M) | (465.3M) | |
Retained Earnings | 36.1M | 29.9M | 167.7M | 318.5M | 266.2M | 279.5M | |
Non Current Assets Total | 682.6M | 714.7M | 683.8M | 679.4M | 713.7M | 376.4M | |
Common Stock Shares Outstanding | 116.4M | 113.3M | 111.7M | 109.2M | 106.1M | 117.4M | |
Liabilities And Stockholders Equity | 2.3B | 2.6B | 3.0B | 3.0B | 3.0B | 3.2B | |
Non Current Liabilities Total | 227.0M | 305.5M | 212.6M | 179.7M | 187.3M | 196.7M | |
Other Stockholder Equity | 1.1B | 1.2B | 1.2B | 1.3B | 1.4B | 1.4B | |
Total Liab | 1.2B | 1.4B | 1.6B | 1.4B | 1.4B | 1.5B | |
Other Current Liab | 732.3M | 776.7M | 1.0B | 897.9M | 899.5M | 944.5M | |
Total Current Liabilities | 940.7M | 1.0B | 1.4B | 1.2B | 1.2B | 1.3B | |
Cash | 270.5M | 574.4M | 619.0M | 658.6M | 731.7M | 768.3M | |
Non Currrent Assets Other | (581.5M) | (601.2M) | (548.4M) | 56.1M | 15.0M | 15.8M | |
Cash And Short Term Investments | 270.5M | 574.4M | 619.0M | 658.6M | 731.7M | 768.3M | |
Net Receivables | 832.8M | 714.2M | 984.7M | 1.0B | 860.9M | 438.5M | |
Other Current Assets | 42.8M | 595.7M | 664.9M | 608.2M | 704.5M | 739.8M | |
Total Current Assets | 1.6B | 1.8B | 2.3B | 2.3B | 2.3B | 2.4B | |
Short Term Debt | 71.6M | 157.4M | 167.6M | 172.2M | 160.9M | 169.0M | |
Intangible Assets | 1.8M | 5.6M | 3.3M | 5.3M | 2.4M | 2.3M | |
Accounts Payable | 123.8M | 40.8M | 68.4M | 97.1M | 132.1M | 102.9M | |
Property Plant And Equipment Net | 369.4M | 372.5M | 322.2M | 311.7M | 318.1M | 177.7M | |
Property Plant And Equipment Gross | 369.4M | 372.5M | 890.5M | 850.4M | 866.8M | 910.1M | |
Accumulated Other Comprehensive Income | (20.0M) | (4.7M) | (22.6M) | (43.6M) | (32.6M) | (31.0M) | |
Common Stock Total Equity | 115K | 113K | 111K | 108K | 97.2K | 113.7K | |
Common Stock | 115K | 113K | 111K | 108K | 105K | 112.5K | |
Other Liab | 24.8M | 81.6M | 31.3M | 28.0M | 32.2M | 21.2M | |
Property Plant Equipment | 128.4M | 109.8M | 322.2M | 109.7M | 126.1M | 147.4M | |
Good Will | 210.4M | 223.1M | 222.9M | 237.8M | 238.0M | 216.5M | |
Other Assets | 101.0M | 376.2M | 3.0B | 3.0B | 3.4B | 3.6B | |
Net Tangible Assets | 931.6M | 976.6M | 1.1B | 1.3B | 1.5B | 953.4M | |
Capital Surpluse | 1.1B | 1.2B | 1.2B | 1.3B | 1.5B | 1.1B | |
Non Current Liabilities Other | 226.8M | 305.5M | 212.6M | 179.7M | 25.9M | 24.6M |
Currently Active Assets on Macroaxis
When determining whether Robert Half International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Robert Half'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 Robert Half International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Robert Half International Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Robert Half International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Human Resource & Employment Services 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 Robert Half. If investors know Robert 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 Robert Half 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 (0.29) | Dividend Share 2.07 | Earnings Share 2.75 | Revenue Per Share 56.959 | Quarterly Revenue Growth (0.06) |
The market value of Robert Half International is measured differently than its book value, which is the value of Robert that is recorded on the company's balance sheet. Investors also form their own opinion of Robert Half's value that differs from its market value or its book value, called intrinsic value, which is Robert Half'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 Robert Half's market value can be influenced by many factors that don't directly affect Robert Half'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 Robert Half's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robert Half is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robert Half'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.