RLI Historical Balance Sheet
RLI Stock | USD 180.24 0.65 0.36% |
Trend analysis of RLI Corp balance sheet accounts such as Retained Earnings of 1.7 B, Other Assets of 938.5 M, Common Stock Shares Outstanding of 46.9 M or Liabilities And Stockholders Equity of 5.4 B provides information on RLI Corp's total assets, liabilities, and equity, which is the actual value of RLI Corp to its prevalent stockholders. By breaking down trends over time using RLI Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining RLI Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RLI Corp is a good buy for the upcoming year.
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About RLI Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of RLI Corp at a specified time, usually calculated after every quarter, six months, or one year. RLI Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RLI Corp 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 RLI currently owns. An asset can also be divided into two categories, current and non-current.
RLI Corp Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of RLI Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in RLI Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most accounts from RLI Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RLI Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 RLI Corp. 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. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.As of now, RLI Corp's Retained Earnings are increasing as compared to previous years. The RLI Corp's current Common Stock Shares Outstanding is estimated to increase to about 46.9 M, while Short and Long Term Debt Total is projected to decrease to under 97.8 M.
2021 | 2022 | 2024 (projected) | Short and Long Term Debt Total | 205.0M | 199.9M | 97.8M | Total Assets | 4.5B | 4.8B | 5.4B |
RLI Corp balance sheet Correlations
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RLI Corp Account Relationship Matchups
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RLI Corp balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.9B | 4.5B | 4.8B | 5.2B | 5.4B | |
Short Long Term Debt Total | 149.1M | 155.3M | 155.5M | 205.0M | 199.9M | 97.8M | |
Total Stockholder Equity | 995.4M | 1.1B | 1.2B | 1.2B | 1.4B | 1.5B | |
Net Debt | 103.1M | 87.3M | 110.9M | 177.0M | 63.6M | 78.6M | |
Retained Earnings | 1.0B | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | |
Other Assets | (1.7B) | 303.8M | 343.4M | 1.2B | 1.4B | 938.5M | |
Common Stock Shares Outstanding | 45.3M | 45.4M | 45.7M | 45.8M | 46.1M | 46.9M | |
Liabilities And Stockholders Equity | 3.5B | 3.9B | 4.5B | 4.8B | 5.2B | 5.4B | |
Non Current Liabilities Total | 206.0M | 229.7M | 283.2M | 3.2B | 3.8B | 4.0B | |
Other Stockholder Equity | (71.8M) | (57.6M) | (49.3M) | (52.6M) | (44.2M) | (46.4M) | |
Total Liab | 2.6B | 2.8B | 3.3B | 3.6B | 3.8B | 4.0B | |
Other Current Liab | (25.7M) | (42.3M) | (42.9M) | (262.8M) | (71.5M) | (67.9M) | |
Total Current Liabilities | 25.7M | 42.3M | 42.9M | 351.5M | 3.8M | 3.6M | |
Property Plant And Equipment Net | 53.1M | 51.4M | 52.2M | 49.6M | 60.4M | 30.5M | |
Non Current Assets Total | 2.7B | 3.0B | 3.3B | 95.2M | 5.1B | 5.4B | |
Non Currrent Assets Other | (56.7M) | (80.2M) | (83.5M) | (3.3B) | 4.9B | 5.2B | |
Net Receivables | 544.9M | 618.4M | 775.4M | 189.5M | 978.6M | 1.0B | |
Property Plant And Equipment Gross | 55.8M | 54.7M | 53.1M | 51.4M | 59.1M | 62.1M | |
Total Current Assets | 2.6B | 680.6M | 864.2M | 3.5B | 36.4M | 34.6M | |
Short Term Debt | 6.0M | 6.0M | 5.4M | 199.9M | 104.1M | 109.3M | |
Cash | 46.2M | 62.2M | 88.8M | 22.8M | 36.4M | 36.5M | |
Cash And Short Term Investments | 2.0B | 62.2M | 88.8M | 59.0M | 36.4M | 34.6M | |
Common Stock Total Equity | 678K | 681K | 682K | 684K | 786.6K | 747.3K | |
Short Term Investments | 2.0B | 2.2B | 2.4B | 36.2M | 291.4M | 276.8M | |
Accumulated Other Comprehensive Income | 52.5M | 108.7M | 49.8M | (229.1M) | (152.8M) | (145.1M) | |
Common Stock | 678K | 681K | 682K | 684K | 686K | 651.7K | |
Accounts Payable | 25.7M | 42.3M | 42.9M | 61.1M | 71.5M | 37.1M | |
Other Current Assets | 271.3M | 346.7M | 331.7M | 2.5B | 573.1M | 601.7M | |
Other Liab | 1.3B | 1.9B | 2.3B | 1.8B | 2.0B | 2.1B | |
Treasury Stock | (401.4M) | (401.0M) | (401.3M) | (402.6M) | (362.4M) | (380.5M) | |
Intangible Assets | 8.5M | 8.1M | 7.7M | 7.5M | 6.8M | 6.4M | |
Property Plant Equipment | 53.1M | 51.4M | 52.2M | 49.6M | 57.0M | 36.2M | |
Long Term Debt | 149.1M | 149.3M | 149.5M | 199.7M | 199.9M | 141.1M | |
Net Tangible Assets | 941.3M | 1.1B | 1.2B | 1.1B | 1.3B | 948.7M | |
Retained Earnings Total Equity | 1.0B | 1.1B | 1.2B | 1.4B | 1.7B | 1.0B | |
Long Term Debt Total | 148.9M | 149.1M | 149.3M | 149.5M | 199.7M | 0.0 | |
Capital Surpluse | 321.2M | 335.4M | 343.7M | 352.4M | 405.2M | 291.3M | |
Inventory | (271.3M) | (346.7M) | (331.7M) | (3.9B) | (3.5B) | (3.3B) | |
Deferred Long Term Liab | 24.2M | 56.7M | 80.2M | 83.5M | 96.0M | 64.9M |
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When determining whether RLI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLI Corp'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 Rli Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rli Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. 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. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Property & Casualty Insurance 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 RLI Corp. If investors know RLI 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 RLI Corp 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 6.103 | Dividend Share 1.12 | Earnings Share 9.08 | Revenue Per Share 38.608 | Quarterly Revenue Growth 0.417 |
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.