Raymond Accounts Payable vs Total Current Assets Analysis

RJF Stock  USD 168.92  1.87  1.12%   
Raymond James financial indicator trend analysis is much more than just breaking down Raymond James Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raymond James Financial is a good investment. Please check the relationship between Raymond James Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raymond James Financial Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Raymond James' Accounts Payable and Total Current Assets is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Raymond James Financial, assuming nothing else is changed. The correlation between historical values of Raymond James' Accounts Payable 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 Accounts Payable of Raymond James Financial 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 Accounts Payable i.e., Raymond James' Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Raymond James 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 Raymond James Financial 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.

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 Raymond James' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raymond James Financial 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 Raymond James Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At this time, Raymond James' Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Operating Income2.3B7.2B4.7B5.0B
Other Operating Expenses5.7B5.8B10.2B10.7B

Raymond James fundamental ratios Correlations

0.360.170.460.3-0.170.370.290.05-0.180.310.340.830.06-0.010.350.26-0.590.420.50.210.190.120.730.250.48
0.360.160.980.98-0.890.990.960.8-0.81-0.30.820.60.81-0.051.00.85-0.780.810.420.940.970.10.730.980.83
0.170.160.210.28-0.20.20.19-0.110.360.220.570.2-0.19-0.980.160.51-0.350.250.50.350.151.00.480.130.35
0.460.980.210.97-0.870.990.960.79-0.74-0.310.80.650.79-0.10.980.84-0.770.780.40.910.940.150.780.960.86
0.30.980.280.97-0.920.990.980.81-0.73-0.370.850.540.8-0.190.980.89-0.750.790.390.970.970.230.730.970.85
-0.17-0.89-0.2-0.87-0.92-0.91-0.96-0.870.730.53-0.71-0.4-0.850.15-0.89-0.740.7-0.8-0.29-0.88-0.95-0.16-0.61-0.89-0.66
0.370.990.20.990.99-0.910.980.84-0.77-0.380.790.580.84-0.10.990.84-0.740.780.350.930.960.140.740.980.83
0.290.960.190.960.98-0.960.980.89-0.75-0.50.750.490.88-0.110.960.8-0.710.780.30.910.970.140.670.950.78
0.050.8-0.110.790.81-0.870.840.89-0.75-0.80.390.240.990.130.790.52-0.410.56-0.10.70.84-0.150.40.830.55
-0.18-0.810.36-0.74-0.730.73-0.77-0.75-0.750.34-0.46-0.4-0.81-0.43-0.82-0.470.53-0.63-0.13-0.69-0.810.41-0.43-0.81-0.51
0.31-0.30.22-0.31-0.370.53-0.38-0.5-0.80.340.110.21-0.77-0.15-0.29-0.07-0.12-0.10.56-0.24-0.40.220.06-0.38-0.12
0.340.820.570.80.85-0.710.790.750.39-0.460.110.570.38-0.460.820.94-0.810.760.710.910.790.520.750.780.8
0.830.60.20.650.54-0.40.580.490.24-0.40.210.570.25-0.040.590.49-0.720.70.60.460.460.140.880.520.69
0.060.81-0.190.790.8-0.850.840.880.99-0.81-0.770.380.250.220.810.5-0.410.56-0.110.70.85-0.230.380.840.54
-0.01-0.05-0.98-0.1-0.190.15-0.1-0.110.13-0.43-0.15-0.46-0.040.22-0.05-0.410.21-0.14-0.37-0.26-0.07-0.99-0.36-0.04-0.22
0.351.00.160.980.98-0.890.990.960.79-0.82-0.290.820.590.81-0.050.85-0.780.820.430.940.980.090.720.980.83
0.260.850.510.840.89-0.740.840.80.52-0.47-0.070.940.490.5-0.410.85-0.710.640.520.940.820.460.640.840.87
-0.59-0.78-0.35-0.77-0.750.7-0.74-0.71-0.410.53-0.12-0.81-0.72-0.410.21-0.78-0.71-0.92-0.85-0.75-0.75-0.29-0.76-0.69-0.71
0.420.810.250.780.79-0.80.780.780.56-0.63-0.10.760.70.56-0.140.820.64-0.920.710.750.820.20.760.750.67
0.50.420.50.40.39-0.290.350.3-0.1-0.130.560.710.6-0.11-0.370.430.52-0.850.710.460.380.460.590.310.46
0.210.940.350.910.97-0.880.930.910.7-0.69-0.240.910.460.7-0.260.940.94-0.750.750.460.940.290.660.930.81
0.190.970.150.940.97-0.950.960.970.84-0.81-0.40.790.460.85-0.070.980.82-0.750.820.380.940.10.620.970.75
0.120.11.00.150.23-0.160.140.14-0.150.410.220.520.14-0.23-0.990.090.46-0.290.20.460.290.10.430.070.28
0.730.730.480.780.73-0.610.740.670.4-0.430.060.750.880.38-0.360.720.64-0.760.760.590.660.620.430.660.74
0.250.980.130.960.97-0.890.980.950.83-0.81-0.380.780.520.84-0.040.980.84-0.690.750.310.930.970.070.660.82
0.480.830.350.860.85-0.660.830.780.55-0.51-0.120.80.690.54-0.220.830.87-0.710.670.460.810.750.280.740.82
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Raymond James Account Relationship Matchups

Raymond James fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding210.3M211.2M215.3M216.9M212.3M197.6M
Total Assets47.5B61.9B81.0B78.4B90.1B94.6B
Short Long Term Debt Total30.5B36.0B3.9B3.1B3.6B3.9B
Total Stockholder Equity7.1B8.2B9.5B10.2B11.7B12.3B
Property Plant And Equipment Net856M945M983M1.1B1.3B1.4B
Net Debt(2.1B)(4.3B)(2.8B)(6.2B)(5.6B)(5.3B)
Retained Earnings6.5B7.6B8.8B10.2B11.7B12.3B
Cash5.4B7.2B6.2B9.3B10.7B11.2B
Non Current Assets Total10.1B11.1B2.6B78.6B90.4B94.9B
Non Currrent Assets Other(262M)(305M)(12.4B)(12.6B)(11.3B)(10.8B)
Other Assets20.9B31.4B59.4B(13.9B)(16.0B)(16.8B)
Cash And Short Term Investments13.0B15.5B16.1B9.3B10.7B11.2B
Net Receivables3.4B3.8B4.5B4.1B4.8B2.5B
Liabilities And Stockholders Equity47.5B61.9B81.0B78.4B90.1B94.6B
Non Current Liabilities Total3.3B2.9B11.4B66.3B76.2B80.0B
Other Stockholder Equity(5.9B)(7.0B)1.5B891M801.9M842.0M
Total Liab40.3B53.6B71.5B68.2B78.4B82.3B
Total Current Assets16.4B19.3B19.0B13.7B12.3B21.6B
Other Current Liab(6.8B)(14.0B)(11.4B)(10.4B)(9.4B)(8.9B)
Total Current Liabilities6.8B14.0B11.4B12.4B14.2B7.9B
Accounts Payable6.8B14.0B11.4B5.4B6.3B4.5B
Short Term Investments7.7B8.3B9.9B9.2B8.2B11.2B
Property Plant And Equipment Gross856M1.8B1.9B2.2B2.5B2.6B
Accumulated Other Comprehensive Income11M(41M)(982M)(971M)(873.9M)(830.2M)
Short Term Debt27.2B32.9B583M456M524.4M498.2M
Other Liab27.7B33.4B51.9B54.7B62.9B66.1B
Long Term Debt3.3B3.1B3.3B3.1B3.6B3.8B
Good Will466M660M1.4B1.4B1.3B2.3B
Inventory14.2B23.6B19.1B16.4B18.9B19.9B
Treasury Stock(447.3M)(1.2B)(1.4B)(1.4B)(1.3B)(1.2B)
Intangible Assets134M222M509M470M540.5M567.5M
Property Plant Equipment535M945M983M1.1B1.3B1.4B
Current Deferred Revenue(20.4B)(18.9B)10.9B5.0B5.7B6.0B
Other Current Assets(14.2B)(23.6B)(20.7B)209M188.1M178.7M

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When determining whether Raymond James Financial is a strong investment it is important to analyze Raymond James' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Raymond James' future performance. For an informed investment choice regarding Raymond Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Investment Banking & Brokerage 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 Raymond James. If investors know Raymond 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 Raymond James 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
0.417
Dividend Share
1.8
Earnings Share
9.7
Revenue Per Share
61.69
Quarterly Revenue Growth
0.132
The market value of Raymond James Financial is measured differently than its book value, which is the value of Raymond that is recorded on the company's balance sheet. Investors also form their own opinion of Raymond James' value that differs from its market value or its book value, called intrinsic value, which is Raymond James' 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 Raymond James' market value can be influenced by many factors that don't directly affect Raymond James' 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 Raymond James' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raymond James is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raymond James' 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.