Rogers Gross Profit vs Income Tax Expense Analysis

ROG Stock  USD 102.94  0.17  0.16%   
Rogers financial indicator trend analysis is much more than just breaking down Rogers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rogers is a good investment. Please check the relationship between Rogers Gross Profit and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rogers' Gross Profit and Income Tax Expense is 0.54. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Rogers, assuming nothing else is changed. The correlation between historical values of Rogers' Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Rogers are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Rogers' Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Rogers minus its cost of goods sold. It is profit before Rogers operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

Most indicators from Rogers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rogers 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 Rogers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.At this time, Rogers' Selling General Administrative is most likely to increase significantly in the upcoming years. The Rogers' current Discontinued Operations is estimated to increase to about 123.2 K, while Tax Provision is projected to decrease to roughly 19.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit349.1M321.0M307.1M322.5M
Total Revenue932.9M971.2M908.4M953.8M

Rogers fundamental ratios Correlations

0.340.690.730.970.94-0.220.980.490.990.70.50.990.780.410.960.670.720.540.830.96-0.340.830.910.730.71
0.340.160.420.130.120.590.170.510.280.330.510.290.410.930.37-0.220.250.870.080.43-0.370.550.260.320.39
0.690.160.60.680.71-0.070.670.230.730.690.230.690.350.270.660.30.590.390.650.57-0.40.610.770.30.28
0.730.420.60.630.54-0.290.610.810.670.810.810.690.80.570.610.160.850.750.470.810.020.640.650.760.76
0.970.130.680.630.97-0.351.00.380.980.630.380.970.690.190.930.770.690.340.870.9-0.320.760.90.660.62
0.940.120.710.540.97-0.240.980.230.960.50.240.960.590.170.930.810.560.30.940.84-0.350.680.90.570.52
-0.220.59-0.07-0.29-0.35-0.24-0.29-0.36-0.18-0.28-0.36-0.2-0.350.5-0.05-0.28-0.460.32-0.17-0.3-0.510.09-0.12-0.34-0.32
0.980.170.670.611.00.98-0.290.350.980.60.360.980.690.230.950.780.660.360.880.9-0.350.760.90.650.61
0.490.510.230.810.380.23-0.360.350.370.691.00.410.80.560.34-0.130.790.690.120.690.160.440.290.690.74
0.990.280.730.670.980.96-0.180.980.370.670.380.980.70.360.960.720.660.480.860.91-0.410.840.930.670.64
0.70.330.690.810.630.5-0.280.60.690.670.690.620.780.50.60.120.860.640.30.72-0.160.750.560.70.73
0.50.510.230.810.380.24-0.360.361.00.380.690.410.80.560.35-0.120.790.690.130.70.160.450.30.70.75
0.990.290.690.690.970.96-0.20.980.410.980.620.410.710.360.970.690.650.490.880.93-0.340.780.920.670.64
0.780.410.350.80.690.59-0.350.690.80.70.780.80.710.550.680.350.770.680.390.880.030.670.50.970.98
0.410.930.270.570.190.170.50.230.560.360.50.560.360.550.43-0.20.320.970.10.49-0.290.590.280.50.56
0.960.370.660.610.930.93-0.050.950.340.960.60.350.970.680.430.650.580.520.840.89-0.430.80.860.640.61
0.67-0.220.30.160.770.81-0.280.78-0.130.720.12-0.120.690.35-0.20.650.25-0.110.770.52-0.210.420.650.420.33
0.720.250.590.850.690.56-0.460.660.790.660.860.790.650.770.320.580.250.510.420.78-0.110.670.630.690.67
0.540.870.390.750.340.30.320.360.690.480.640.690.490.680.970.52-0.110.510.220.63-0.230.660.410.630.67
0.830.080.650.470.870.94-0.170.880.120.860.30.130.880.390.10.840.770.420.220.73-0.310.510.890.390.32
0.960.430.570.810.90.84-0.30.90.690.910.720.70.930.880.490.890.520.780.630.73-0.180.770.80.810.81
-0.34-0.37-0.40.02-0.32-0.35-0.51-0.350.16-0.41-0.160.16-0.340.03-0.29-0.43-0.21-0.11-0.23-0.31-0.18-0.58-0.470.090.12
0.830.550.610.640.760.680.090.760.440.840.750.450.780.670.590.80.420.670.660.510.77-0.580.790.590.6
0.910.260.770.650.90.9-0.120.90.290.930.560.30.920.50.280.860.650.630.410.890.8-0.470.790.440.41
0.730.320.30.760.660.57-0.340.650.690.670.70.70.670.970.50.640.420.690.630.390.810.090.590.440.98
0.710.390.280.760.620.52-0.320.610.740.640.730.750.640.980.560.610.330.670.670.320.810.120.60.410.98
Click cells to compare fundamentals

Rogers Account Relationship Matchups

Rogers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.6B1.6B1.5B1.6B
Short Long Term Debt Total125.7M32.0M193.0M216.8M50.4M79.6M
Other Current Liab67.2M75.5M99.3M82.4M60.2M32.8M
Total Current Liabilities100.2M111.5M163.9M142.5M116.4M68.4M
Total Stockholder Equity933.9M1.0B1.1B1.2B1.3B1.3B
Property Plant And Equipment Net260.2M272.4M327.0M358.4M385.2M404.5M
Net Debt(43.8M)(166.8M)(42.3M)(19.1M)(81.3M)(77.2M)
Retained Earnings823.7M873.7M981.8M1.1B1.2B1.2B
Cash166.8M191.8M232.3M235.9M131.7M82.6M
Non Current Assets Total809.1M789.8M1.0B986.3M990.3M1.0B
Non Currrent Assets Other93.4M85.3M92.0M77.1M60.6M35.8M
Cash And Short Term Investments166.8M191.8M232.3M235.9M131.7M86.3M
Net Receivables149.0M164.0M202.9M237.2M211.4M222.0M
Common Stock Shares Outstanding18.7M18.7M18.9M19.0M18.7M17.8M
Liabilities And Stockholders Equity1.3B1.3B1.6B1.6B1.5B1.6B
Non Current Liabilities Total239.1M131.7M315.7M331.2M141.8M117.9M
Inventory132.9M102.4M133.4M182.4M153.5M161.2M
Other Current Assets10.8M13.1M13.6M8.4M30.3M31.8M
Other Stockholder Equity138.5M148.0M163.6M140.7M151.8M84.8M
Total Liab339.3M243.3M479.7M473.7M258.2M186.3M
Property Plant And Equipment Gross260.2M272.4M694.8M740.0M770.9M809.4M
Total Current Assets464.1M474.2M584.1M659.9M526.9M553.2M
Accumulated Other Comprehensive Income(46.9M)(19.6M)(45.2M)(85.3M)(66.4M)(63.1M)
Short Term Debt2.7M7.0M3.0M2.8M3.9M5.3M
Intangible Assets158.9M118.0M176.4M133.7M123.9M130.1M
Accounts Payable33.0M36.0M64.7M51.8M50.3M52.8M
Common Stock Total Equity18.6M18.7M18.7M18.6M21.4M16.8M
Common Stock18.6M18.7M18.7M18.6M18.6M16.9M
Good Will262.9M270.2M370.2M352.4M359.8M377.8M
Other Liab108.3M106.7M125.7M104.2M119.9M83.4M
Other Assets105.8M129.3M124.7M71.8M82.6M49.3M
Property Plant Equipment264.9M272.4M327.0M358.4M412.2M432.8M
Current Deferred Revenue(2.7M)(7.0M)(3.0M)2M1.8M1.7M
Net Tangible Assets512.0M632.6M572.4M687.7M790.8M467.8M
Retained Earnings Total Equity823.7M873.7M981.8M1.1B1.3B736.6M
Long Term Debt Total123M25M190M215M247.3M151.2M
Capital Surpluse138.5M148.0M163.6M140.7M161.8M133.6M
Capital Lease Obligations5.9M4.6M407K1.8M18.9M19.8M

Currently Active Assets on Macroaxis

When determining whether Rogers is a strong investment it is important to analyze Rogers' 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 Rogers' future performance. For an informed investment choice regarding Rogers 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 Rogers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Electronic Equipment, Instruments & Components 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 Rogers. If investors know Rogers 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 Rogers 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
(0.44)
Earnings Share
2.67
Revenue Per Share
45.296
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0106
The market value of Rogers is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers' value that differs from its market value or its book value, called intrinsic value, which is Rogers' 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 Rogers' market value can be influenced by many factors that don't directly affect Rogers' 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 Rogers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers' 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.