Rockwood Total Current Liabilities vs Other Current Liab Analysis

RKW Stock   253.50  1.00  0.40%   
Rockwood Realisation financial indicator trend analysis is much more than just breaking down Rockwood Realisation PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockwood Realisation PLC is a good investment. Please check the relationship between Rockwood Realisation Total Current Liabilities and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwood Realisation PLC. 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockwood Realisation PLC Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Rockwood Realisation's Total Current Liabilities and Other Current Liab is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Rockwood Realisation PLC, assuming nothing else is changed. The correlation between historical values of Rockwood Realisation's Total Current Liabilities and Other Current Liab 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 Rockwood Realisation PLC are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Rockwood Realisation's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

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

Other Current Liab

Most indicators from Rockwood Realisation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockwood Realisation PLC 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 Rockwood Realisation PLC. 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.
As of November 28, 2024, Selling General Administrative is expected to decline to about 886.4 K. In addition to that, Tax Provision is expected to decline to 6,840

Rockwood Realisation fundamental ratios Correlations

0.290.371.0-0.210.320.760.72-0.320.92-0.77-0.32-0.19-0.320.10.00.37-0.320.07-0.030.00.350.36-0.29
0.290.990.220.01-0.330.190.080.330.1-0.110.330.120.03-0.260.00.990.31-0.010.00.71-0.070.490.1
0.370.990.30.02-0.30.290.190.30.18-0.180.30.11-0.03-0.2-0.041.00.29-0.01-0.060.69-0.070.480.1
1.00.220.3-0.230.360.750.72-0.360.93-0.77-0.36-0.21-0.310.110.010.3-0.360.08-0.02-0.050.370.34-0.31
-0.210.010.02-0.23-0.150.190.140.08-0.180.00.08-0.06-0.120.16-0.670.020.120.3-0.410.41-0.85-0.420.74
0.32-0.33-0.30.36-0.150.270.2-1.00.66-0.67-1.0-0.20.00.420.02-0.3-0.990.030.120.020.160.27-0.04
0.760.190.290.750.190.270.83-0.290.69-0.76-0.29-0.26-0.670.55-0.630.29-0.2-0.06-0.550.02-0.180.090.17
0.720.080.190.720.140.20.83-0.220.63-0.55-0.22-0.07-0.560.48-0.420.19-0.140.06-0.52-0.04-0.08-0.080.05
-0.320.330.3-0.360.08-1.0-0.29-0.22-0.660.671.00.210.01-0.430.020.30.99-0.05-0.1-0.04-0.12-0.25-0.01
0.920.10.180.93-0.180.660.690.63-0.66-0.88-0.66-0.25-0.210.20.020.18-0.660.130.060.050.320.39-0.22
-0.77-0.11-0.18-0.770.0-0.67-0.76-0.550.67-0.880.670.250.21-0.310.21-0.180.65-0.01-0.04-0.190.02-0.250.02
-0.320.330.3-0.360.08-1.0-0.29-0.221.0-0.660.670.210.01-0.430.020.30.99-0.05-0.1-0.04-0.12-0.25-0.01
-0.190.120.11-0.21-0.06-0.2-0.26-0.070.21-0.250.250.210.090.070.140.110.23-0.360.140.130.07-0.260.07
-0.320.03-0.03-0.31-0.120.0-0.67-0.560.01-0.210.210.010.09-0.750.7-0.03-0.130.560.770.230.040.110.03
0.1-0.26-0.20.110.160.420.550.48-0.430.2-0.31-0.430.07-0.75-0.73-0.2-0.28-0.44-0.7-0.14-0.19-0.130.29
0.00.0-0.040.01-0.670.02-0.63-0.420.020.020.210.020.140.7-0.73-0.04-0.110.140.85-0.090.670.3-0.65
0.370.991.00.30.02-0.30.290.190.30.18-0.180.30.11-0.03-0.2-0.040.29-0.01-0.060.69-0.070.480.1
-0.320.310.29-0.360.12-0.99-0.2-0.140.99-0.660.650.990.23-0.13-0.28-0.110.29-0.13-0.23-0.07-0.16-0.290.05
0.07-0.01-0.010.080.30.03-0.060.06-0.050.13-0.01-0.05-0.360.56-0.440.14-0.01-0.130.110.09-0.20.060.41
-0.030.0-0.06-0.02-0.410.12-0.55-0.52-0.10.06-0.04-0.10.140.77-0.70.85-0.06-0.230.110.130.410.18-0.48
0.00.710.69-0.050.410.020.02-0.04-0.040.05-0.19-0.040.130.23-0.14-0.090.69-0.070.090.13-0.430.310.34
0.35-0.07-0.070.37-0.850.16-0.18-0.08-0.120.320.02-0.120.070.04-0.190.67-0.07-0.16-0.20.41-0.430.41-0.77
0.360.490.480.34-0.420.270.09-0.08-0.250.39-0.25-0.25-0.260.11-0.130.30.48-0.290.060.180.310.41-0.22
-0.290.10.1-0.310.74-0.040.170.05-0.01-0.220.02-0.010.070.030.29-0.650.10.050.41-0.480.34-0.77-0.22
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Rockwood Realisation Account Relationship Matchups

Rockwood Realisation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.1M55.6M43.1M51.0M65.4M50.9M
Other Current Liab87K2.8M1.9M937K901K1.4M
Total Current Liabilities178K2.9M2.1M1.2M1.1M1.6M
Total Stockholder Equity36.9M52.7M41.0M49.8M64.3M49.2M
Net Debt(6.9M)(1.6M)(10.5M)(11.6M)(4.8M)(5.0M)
Retained Earnings11.2M27.0M15.3M24.1M18.6M16.7M
Accounts Payable91K112K186K229K202K137.8K
Cash6.9M1.6M10.5M11.6M4.8M7.0M
Non Current Assets Total30.0M53.9M31.6M39.3M60.3M40.5M
Non Currrent Assets Other(30.0M)(53.9M)(31.6M)(39.3M)(35.3M)(37.1M)
Cash And Short Term Investments6.9M1.6M10.5M11.6M4.8M7.0M
Net Receivables101K244K66K1.0M268K268.0K
Common Stock Shares Outstanding35.4M34.8M32.3M25.4M27.4M32.9M
Liabilities And Stockholders Equity37.1M55.6M43.1M51.0M65.4M50.8M
Other Current Assets266K99K1.0M73K281K557.5K
Total Liab178K2.9M2.1M1.2M1.1M1.6M
Total Current Assets7.1M1.7M11.5M11.7M5.0M7.6M
Accumulated Other Comprehensive Income10.8M10.8M10.9M11.3M19.8M12.7M
Common Stock1.8M1.8M1.8M1.3M1.6M1.3M
Non Current Liabilities Total178K2.9M2.1M1.2M1.00.95
Net Tangible Assets44.7M36.9M52.7M41.0M47.2M48.1M

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Other Information on Investing in Rockwood Stock

Balance Sheet is a snapshot of the financial position of Rockwood Realisation PLC at a specified time, usually calculated after every quarter, six months, or one year. Rockwood Realisation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rockwood Realisation 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 Rockwood currently owns. An asset can also be divided into two categories, current and non-current.