Reckitt Cash And Short Term Investments vs Total Current Liabilities Analysis

RKT Stock

4,835 132.00 2.81%

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

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reckitt Benckiser Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Reckitt Benckiser's Cash And Short Term Investments and Total Current Liabilities is 0.67. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Reckitt Benckiser Group, assuming nothing else is changed. The correlation between historical values of Reckitt Benckiser's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Reckitt Benckiser Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., Reckitt Benckiser's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Reckitt Benckiser balance sheet. This account contains Reckitt Benckiser investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Reckitt Benckiser Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on Reckitt Benckiser balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Reckitt Benckiser Group 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.

Most indicators from Reckitt Benckiser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reckitt Benckiser 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 Reckitt Benckiser Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Issuance Of Capital Stock is expected to grow to about 63.6 M, whereas Selling General Administrative is forecasted to decline to about 910.4 M.

	2021	2022	2024 (projected)
Interest Expense	264M	257M	333.9M
Depreciation And Amortization	429M	604M	251.6M

Interest Expense Depreciation And Amortization

Reckitt Benckiser fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Total Liab	Preferred Stock Total Equity	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments
Total Assets		0.49	0.81	0.92	0.88	0.8	0.77	0.95	0.9	0.87	0.71	-0.36	0.83	0.25	0.98	0.06	0.98	0.33	0.68	0.97	0.84	0.18	0.96	1.0	0.19	0.93
Other Current Liab	0.49		0.64	0.25	0.47	0.47	-0.04	0.61	0.44	0.46	0.05	0.11	0.7	-0.44	0.57	-0.04	0.53	0.44	0.48	0.5	0.66	-0.1	0.49	0.44	0.08	0.57
Total Current Liabilities	0.81	0.64		0.67	0.65	0.81	0.58	0.74	0.61	0.84	0.49	-0.26	0.87	0.28	0.83	0.01	0.83	0.52	0.65	0.77	0.82	0.06	0.76	0.79	0.17	0.67
Total Stockholder Equity	0.92	0.25	0.67		0.77	0.86	0.79	0.86	0.75	0.84	0.78	-0.34	0.63	0.35	0.84	0.11	0.88	0.29	0.48	0.81	0.6	0.1	0.79	0.93	0.1	0.83
Other Liab	0.88	0.47	0.65	0.77		0.6	0.68	0.82	0.92	0.72	0.53	-0.25	0.74	0.1	0.89	-0.24	0.87	0.44	0.82	0.88	0.81	0.32	0.87	0.88	0.32	0.85
Retained Earnings	0.8	0.47	0.81	0.86	0.6		0.6	0.79	0.52	0.82	0.65	-0.22	0.66	0.31	0.73	0.11	0.79	0.47	0.4	0.64	0.54	-0.18	0.62	0.78	-0.02	0.69
Accounts Payable	0.77	-0.04	0.58	0.79	0.68	0.6		0.58	0.68	0.74	0.63	-0.29	0.64	0.6	0.72	0.0	0.73	0.26	0.59	0.71	0.64	0.37	0.71	0.79	0.18	0.57
Cash	0.95	0.61	0.74	0.86	0.82	0.79	0.58		0.86	0.77	0.64	-0.32	0.75	0.1	0.93	0.04	0.93	0.37	0.6	0.92	0.75	0.03	0.9	0.94	0.1	0.99
Long Term Debt	0.9	0.44	0.61	0.75	0.92	0.52	0.68	0.86		0.7	0.59	-0.26	0.76	0.12	0.92	-0.2	0.88	0.33	0.82	0.95	0.84	0.4	0.95	0.91	0.27	0.91
Net Receivables	0.87	0.46	0.84	0.84	0.72	0.82	0.74	0.77	0.7		0.67	-0.16	0.82	0.32	0.84	0.11	0.84	0.33	0.6	0.79	0.77	0.05	0.79	0.86	0.17	0.72
Good Will	0.71	0.05	0.49	0.78	0.53	0.65	0.63	0.64	0.59	0.67		-0.37	0.41	0.59	0.64	0.09	0.74	0.14	0.32	0.65	0.38	0.03	0.63	0.73	0.19	0.62
Short Term Investments	-0.36	0.11	-0.26	-0.34	-0.25	-0.22	-0.29	-0.32	-0.26	-0.16	-0.37		-0.02	-0.35	-0.36	-0.34	-0.4	0.29	0.02	-0.4	-0.1	0.2	-0.4	-0.39	0.06	-0.32
Inventory	0.83	0.7	0.87	0.63	0.74	0.66	0.64	0.75	0.76	0.82	0.41	-0.02		0.11	0.88	-0.05	0.84	0.48	0.8	0.82	0.97	0.3	0.82	0.8	0.21	0.72
Other Current Assets	0.25	-0.44	0.28	0.35	0.1	0.31	0.6	0.1	0.12	0.32	0.59	-0.35	0.11		0.19	0.0	0.28	0.05	0.12	0.2	0.06	0.11	0.2	0.28	0.13	0.06
Total Liab	0.98	0.57	0.83	0.84	0.89	0.73	0.72	0.93	0.92	0.84	0.64	-0.36	0.88	0.19		0.04	0.98	0.34	0.74	0.99	0.91	0.2	0.98	0.98	0.23	0.93
Preferred Stock Total Equity	0.06	-0.04	0.01	0.11	-0.24	0.11	0.0	0.04	-0.2	0.11	0.09	-0.34	-0.05	0.0	0.04		0.06	-0.72	-0.58	0.03	-0.1	-0.54	0.03	0.04	-0.14	-0.02
Intangible Assets	0.98	0.53	0.83	0.88	0.87	0.79	0.73	0.93	0.88	0.84	0.74	-0.4	0.84	0.28	0.98	0.06		0.34	0.68	0.95	0.84	0.16	0.94	0.98	0.21	0.91
Common Stock	0.33	0.44	0.52	0.29	0.44	0.47	0.26	0.37	0.33	0.33	0.14	0.29	0.48	0.05	0.34	-0.72	0.34		0.67	0.27	0.43	0.32	0.25	0.32	0.08	0.34
Property Plant Equipment	0.68	0.48	0.65	0.48	0.82	0.4	0.59	0.6	0.82	0.6	0.32	0.02	0.8	0.12	0.74	-0.58	0.68	0.67		0.73	0.85	0.6	0.74	0.68	0.3	0.64
Short Long Term Debt Total	0.97	0.5	0.77	0.81	0.88	0.64	0.71	0.92	0.95	0.79	0.65	-0.4	0.82	0.2	0.99	0.03	0.95	0.27	0.73		0.88	0.24	1.0	0.97	0.25	0.93
Property Plant And Equipment Net	0.84	0.66	0.82	0.6	0.81	0.54	0.64	0.75	0.84	0.77	0.38	-0.1	0.97	0.06	0.91	-0.1	0.84	0.43	0.85	0.88		0.39	0.89	0.82	0.27	0.76
Current Deferred Revenue	0.18	-0.1	0.06	0.1	0.32	-0.18	0.37	0.03	0.4	0.05	0.03	0.2	0.3	0.11	0.2	-0.54	0.16	0.32	0.6	0.24	0.39		0.26	0.21	0.33	0.12
Net Debt	0.96	0.49	0.76	0.79	0.87	0.62	0.71	0.9	0.95	0.79	0.63	-0.4	0.82	0.2	0.98	0.03	0.94	0.25	0.74	1.0	0.89	0.26		0.96	0.26	0.91
Non Current Assets Total	1.0	0.44	0.79	0.93	0.88	0.78	0.79	0.94	0.91	0.86	0.73	-0.39	0.8	0.28	0.98	0.04	0.98	0.32	0.68	0.97	0.82	0.21	0.96		0.21	0.93
Non Currrent Assets Other	0.19	0.08	0.17	0.1	0.32	-0.02	0.18	0.1	0.27	0.17	0.19	0.06	0.21	0.13	0.23	-0.14	0.21	0.08	0.3	0.25	0.27	0.33	0.26	0.21		0.13
Cash And Short Term Investments	0.93	0.57	0.67	0.83	0.85	0.69	0.57	0.99	0.91	0.72	0.62	-0.32	0.72	0.06	0.93	-0.02	0.91	0.34	0.64	0.93	0.76	0.12	0.91	0.93	0.13

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Reckitt Benckiser Account Relationship Matchups

Reckitt Benckiser fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.1B	31.3B	26.9B	28.7B	27.1B	17.4B
Other Current Liab	3.7B	3.9B	3.4B	3.5B	3.7B	2.1B
Total Current Liabilities	8.9B	6.9B	8.1B	8.3B	8.3B	5.3B
Total Stockholder Equity	9.4B	9.1B	7.4B	9.4B	8.4B	6.3B
Other Liab	5.3B	5.4B	4.3B	3.8B	4.3B	4.5B
Retained Earnings	23.4B	23.4B	22.5B	23.6B	23.4B	17.2B
Accounts Payable	1.4B	2.2B	2.1B	2.4B	2.2B	1.4B
Cash	1.5B	1.6B	1.3B	1.2B	1.4B	872.6M
Long Term Debt	8.3B	9.6B	6.8B	6.9B	6.6B	6.9B
Net Receivables	1.7B	1.6B	2.1B	2.2B	1.7B	1.3B
Good Will	6.5B	5.4B	5.3B	5.6B	4.6B	4.8B
Short Term Investments	(155M)	(19M)	(1M)	122M	109.8M	68.0M
Inventory	1.3B	1.6B	1.5B	1.8B	1.6B	851.3M
Other Current Assets	454M	519M	734M	579M	573M	776.9M
Total Liab	22.7B	22.1B	19.5B	19.3B	18.7B	11.1B
Intangible Assets	17.8B	17.6B	13.5B	14.6B	14.0B	9.4B
Property Plant Equipment	2.1B	2.2B	2.2B	2.5B	2.8B	3.0B
Short Long Term Debt Total	12.2B	10.6B	9.6B	8.9B	8.5B	4.9B
Property Plant And Equipment Net	2.1B	2.2B	2.2B	2.5B	2.4B	1.2B
Net Debt	10.6B	8.9B	8.3B	7.7B	7.2B	3.9B
Non Current Assets Total	27.1B	25.4B	21.2B	23.5B	21.8B	15.0B
Non Currrent Assets Other	268M	(258M)	(197M)	451M	442M	464.1M
Cash And Short Term Investments	1.5B	1.6B	1.3B	1.2B	1.4B	1.0B
Common Stock Shares Outstanding	708.7M	713.7M	713.8M	717.5M	718.3M	582.4M
Liabilities And Stockholders Equity	32.1B	31.3B	26.9B	28.7B	27.1B	18.6B
Non Current Liabilities Total	13.8B	9.6B	6.8B	10.9B	10.3B	10.8B
Total Current Assets	5.0B	5.3B	5.0B	5.3B	5.3B	3.5B
Short Term Debt	3.7B	835M	2.5B	1.7B	1.7B	1.7B
Other Assets	647M	611M	701M	538M	618.7M	345.4M
Net Tangible Assets	(14.9B)	(13.9B)	(11.5B)	(10.8B)	(9.7B)	(10.2B)
Short Long Term Debt	3.7B	691M	2.4B	1.6B	1.6B	1.7B
Accumulated Other Comprehensive Income	(80M)	(379M)	(1.2B)	(294M)	(1.1B)	(1.1B)
Capital Lease Obligations	253M	313M	328M	389M	327M	221.7M
Non Current Liabilities Other	367M	397M	333M	116M	22M	20.9M
Long Term Debt Total	8.5B	9.8B	7.1B	7.2B	6.4B	7.2B

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Other Information on Investing in Reckitt Stock

Balance Sheet is a snapshot of the financial position of Reckitt Benckiser at a specified time, usually calculated after every quarter, six months, or one year. Reckitt Benckiser Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Reckitt Benckiser and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Reckitt currently owns. An asset can also be divided into two categories, current and non-current.

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Reckitt Cash And Short Term Investments vs Total Current Liabilities Analysis

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Current Liabilities

Reckitt Benckiser fundamental ratios Correlations

Reckitt Benckiser Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reckitt Benckiser fundamental ratios Accounts

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Other Information on Investing in Reckitt Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash
Short Long Term Debt Total	+ 0.99	Total Liab
Total Liab	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Total Assets

Common Stock	- 0.72	Preferred Stock Total Equity
Property Plant Equipment	- 0.58	Preferred Stock Total Equity
Current Deferred Revenue	- 0.54	Preferred Stock Total Equity
Other Current Assets	- 0.44	Other Current Liab
Net Debt	- 0.4	Short Term Investments
Short Long Term Debt Total	- 0.4	Short Term Investments