Rockwell Accounts Payable vs Total Current Assets Analysis
ROK Stock | USD 278.30 1.78 0.64% |
Rockwell Automation financial indicator trend analysis is much more than just breaking down Rockwell Automation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockwell Automation is a good investment. Please check the relationship between Rockwell Automation Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Automation. 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 information on how to buy Rockwell Stock please use our How to buy in Rockwell Stock guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockwell Automation Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Rockwell Automation's Accounts Payable and Total Current Assets is 0.26. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Rockwell Automation, assuming nothing else is changed. The correlation between historical values of Rockwell Automation's Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Rockwell Automation are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Rockwell Automation's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Rockwell Automation obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rockwell Automation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Rockwell Automation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockwell Automation 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 Rockwell Automation. 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 information on how to buy Rockwell Stock please use our How to buy in Rockwell Stock guide.At this time, Rockwell Automation's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 22.27 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.19.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1B | 3.7B | 3.7B | 2.1B | Total Revenue | 7.8B | 9.1B | 8.3B | 6.2B |
Rockwell Automation fundamental ratios Correlations
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Rockwell Automation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rockwell Automation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3B | 10.7B | 10.8B | 11.3B | 11.2B | 5.8B | |
Short Long Term Debt Total | 2.3B | 4.3B | 4.1B | 3.3B | 4.1B | 4.3B | |
Other Current Liab | (325.3M) | 785.3M | 838.8M | 1.1B | 1.6B | 866.9M | |
Total Current Liabilities | 712.4M | 1.4B | 2.0B | 3.4B | 3.6B | 3.8B | |
Total Stockholder Equity | 708.8M | 2.4B | 2.7B | 3.6B | 3.5B | 2.1B | |
Property Plant And Equipment Net | 917.3M | 959.6M | 907.5M | 1.0B | 1.2B | 1.1B | |
Net Debt | 1.6B | 3.6B | 3.6B | 2.3B | 3.6B | 3.8B | |
Retained Earnings | 7.1B | 8.0B | 8.4B | 9.3B | 9.6B | 4.9B | |
Cash | 704.6M | 662.2M | 490.7M | 1.1B | 471M | 745.6M | |
Non Current Assets Total | 4.7B | 7.8B | 7.5B | 6.4B | 7.4B | 4.2B | |
Non Currrent Assets Other | 311M | 465.1M | 703.3M | 361.6M | 406.3M | 494.6M | |
Cash And Short Term Investments | 704.6M | 662.2M | 490.7M | 1.1B | 471.3M | 867.7M | |
Net Receivables | 1.2B | 1.4B | 1.7B | 2.2B | 1.8B | 1.1B | |
Common Stock Shares Outstanding | 116.6M | 117.1M | 116.7M | 115.6M | 114.5M | 147.6M | |
Liabilities And Stockholders Equity | 7.3B | 10.7B | 10.8B | 11.3B | 11.2B | 5.8B | |
Non Current Liabilities Total | 5.5B | 6.6B | 5.7B | 4.2B | 3.7B | 3.0B | |
Inventory | 584M | 798.1M | 1.1B | 1.4B | 1.3B | 794.9M | |
Other Current Assets | 148.1M | 178.6M | 329.1M | 266.7M | 314.8M | 240.9M | |
Other Stockholder Equity | (5.0B) | (4.8B) | (5.0B) | (5.1B) | (5.5B) | (5.3B) | |
Total Liab | 6.2B | 8.0B | 7.7B | 7.6B | 7.6B | 5.2B | |
Total Current Assets | 2.5B | 2.9B | 3.3B | 4.9B | 3.9B | 2.8B | |
Short Term Debt | 24.6M | 606.4M | 1.1B | 186.7M | 1.2B | 1.2B | |
Intangible Assets | 479.3M | 1.0B | 902M | 852.4M | 1.1B | 661.9M | |
Accounts Payable | 687.8M | 889.8M | 1.0B | 1.2B | 860.4M | 559.4M | |
Property Plant And Equipment Gross | 917.3M | 959.6M | 907.5M | 1.0B | 930.2M | 695.7M | |
Accumulated Other Comprehensive Income | (1.6B) | (1.0B) | (917.5M) | (790.1M) | (772.4M) | (811.0M) | |
Other Liab | 1.9B | 2.8B | 2.6B | 1.0B | 1.2B | 1.3B | |
Other Assets | 578.5M | 846M | 1.1B | 820.9M | 944.0M | 614.1M | |
Long Term Debt | 2.0B | 3.5B | 2.9B | 2.9B | 3.3B | 3.5B | |
Treasury Stock | (6.4B) | (6.5B) | (6.7B) | (7.0B) | (6.3B) | (5.9B) | |
Property Plant Equipment | 574.4M | 959.6M | 907.5M | 1.0B | 930.2M | 592.6M | |
Current Deferred Revenue | 325.3M | 462.5M | 507M | 592.5M | 6.5M | 6.2M | |
Good Will | 1.7B | 3.6B | 3.5B | 3.5B | 4.0B | 4.2B | |
Short Term Investments | 290.9M | 39.6M | 600K | 12.6M | 300K | 285K | |
Net Tangible Assets | (827.1M) | (2.3B) | (1.7B) | (820M) | (738M) | (701.1M) | |
Retained Earnings Total Equity | 6.4B | 7.1B | 8.0B | 8.4B | 9.7B | 5.9B | |
Long Term Debt Total | 2.0B | 3.5B | 2.9B | 2.9B | 3.3B | 1.8B |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Automation. 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 information on how to buy Rockwell Stock please use our How to buy in Rockwell Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Electrical Components & Equipment 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 Rockwell Automation. If investors know Rockwell 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 Rockwell Automation 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 (0.20) | Dividend Share 5 | Earnings Share 8.29 | Revenue Per Share 72.493 | Quarterly Revenue Growth (0.21) |
The market value of Rockwell Automation is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Automation's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Automation'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 Rockwell Automation's market value can be influenced by many factors that don't directly affect Rockwell Automation'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 Rockwell Automation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Automation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Automation'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.