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 Property Plant And Equipment Net and its Long Term Debt 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.
Property Plant And Equipment Net vs Long Term Debt
Property Plant And Equipment Net vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Reckitt Benckiser Property Plant And Equipment Net account and
Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Reckitt Benckiser's Property Plant And Equipment Net and Long Term Debt is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Debt 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 Property Plant And Equipment Net and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Reckitt Benckiser Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Reckitt Benckiser's Property Plant And Equipment Net and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Long Term Debt
Long-term debt is a debt that Reckitt Benckiser has held for over one year. Long-term debt appears on Reckitt Benckiser Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Reckitt Benckiser Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.
Reckitt Benckiser fundamental ratios Correlations
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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
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.