Rockwell Intangible Assets vs Total Current Liabilities 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 Intangible Assets and its Total Current Liabilities 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.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockwell Automation Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rockwell Automation's Intangible Assets and Total Current Liabilities is 0.77. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities 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 Intangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Rockwell Automation are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., Rockwell Automation's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Rockwell Automation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rockwell Automation 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.
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 Profit3.1B3.7B3.7B2.1B
Total Revenue7.8B9.1B8.3B6.2B

Rockwell Automation fundamental ratios Correlations

0.70.470.50.570.270.690.84-0.40.93-0.19-0.440.82-0.220.530.750.71-0.560.90.390.350.780.790.31-0.08-0.08
0.70.230.530.210.040.960.75-0.40.84-0.16-0.450.41-0.460.630.440.84-0.870.85-0.020.750.590.4-0.06-0.61-0.61
0.470.230.790.580.940.340.03-0.570.46-0.45-0.560.690.7-0.280.830.170.030.320.220.20.860.720.90.380.37
0.50.530.790.560.680.620.28-0.530.53-0.43-0.540.70.32-0.210.850.52-0.370.450.270.50.770.610.55-0.15-0.15
0.570.210.580.560.370.190.22-0.060.370.11-0.020.640.2-0.290.690.390.120.190.720.290.550.450.350.040.04
0.270.040.940.680.370.19-0.15-0.590.29-0.52-0.560.550.83-0.360.69-0.070.140.170.050.00.770.630.970.520.52
0.690.960.340.620.190.190.69-0.620.87-0.33-0.650.48-0.320.560.520.79-0.850.84-0.160.730.690.490.09-0.52-0.53
0.840.750.030.280.22-0.150.69-0.250.81-0.17-0.320.56-0.640.720.450.8-0.830.890.240.40.430.51-0.13-0.42-0.42
-0.4-0.4-0.57-0.53-0.06-0.59-0.62-0.25-0.620.720.96-0.5-0.25-0.14-0.55-0.270.38-0.480.48-0.32-0.7-0.59-0.54-0.06-0.06
0.930.840.460.530.370.290.870.81-0.62-0.35-0.660.72-0.240.630.690.72-0.710.950.050.480.830.740.29-0.2-0.2
-0.19-0.16-0.45-0.430.11-0.52-0.33-0.170.72-0.350.81-0.44-0.260.0-0.45-0.010.35-0.30.380.09-0.46-0.53-0.5-0.17-0.17
-0.44-0.45-0.56-0.54-0.02-0.56-0.65-0.320.96-0.660.81-0.57-0.19-0.22-0.6-0.290.47-0.560.45-0.22-0.71-0.64-0.53-0.03-0.03
0.820.410.690.70.640.550.480.56-0.50.72-0.44-0.570.150.10.960.53-0.330.660.450.110.80.920.590.170.17
-0.22-0.460.70.320.20.83-0.32-0.64-0.25-0.24-0.26-0.190.15-0.680.29-0.510.62-0.360.0-0.270.320.250.830.740.73
0.530.63-0.28-0.21-0.29-0.360.560.72-0.140.630.0-0.220.1-0.68-0.050.45-0.70.75-0.220.180.170.22-0.29-0.3-0.29
0.750.440.830.850.690.690.520.45-0.550.69-0.45-0.60.960.29-0.050.53-0.290.590.420.250.870.870.670.120.12
0.710.840.170.520.39-0.070.790.8-0.270.72-0.01-0.290.53-0.510.450.53-0.760.730.280.750.460.41-0.15-0.6-0.6
-0.56-0.870.03-0.370.120.14-0.85-0.830.38-0.710.350.47-0.330.62-0.7-0.29-0.76-0.820.15-0.54-0.36-0.330.210.630.63
0.90.850.320.450.190.170.840.89-0.480.95-0.3-0.560.66-0.360.750.590.73-0.820.080.410.70.70.18-0.24-0.24
0.39-0.020.220.270.720.05-0.160.240.480.050.380.450.450.0-0.220.420.280.150.08-0.040.130.260.090.080.09
0.350.750.20.50.290.00.730.4-0.320.480.09-0.220.11-0.270.180.250.75-0.540.41-0.040.360.07-0.17-0.65-0.66
0.780.590.860.770.550.770.690.43-0.70.83-0.46-0.710.80.320.170.870.46-0.360.70.130.360.820.730.120.12
0.790.40.720.610.450.630.490.51-0.590.74-0.53-0.640.920.250.220.870.41-0.330.70.260.070.820.70.360.36
0.31-0.060.90.550.350.970.09-0.13-0.540.29-0.5-0.530.590.83-0.290.67-0.150.210.180.09-0.170.730.70.680.68
-0.08-0.610.38-0.150.040.52-0.52-0.42-0.06-0.2-0.17-0.030.170.74-0.30.12-0.60.63-0.240.08-0.650.120.360.681.0
-0.08-0.610.37-0.150.040.52-0.53-0.42-0.06-0.2-0.17-0.030.170.73-0.290.12-0.60.63-0.240.09-0.660.120.360.681.0
Click cells to compare fundamentals

Rockwell Automation Account Relationship Matchups

Rockwell Automation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B10.7B10.8B11.3B11.2B5.8B
Short Long Term Debt Total2.3B4.3B4.1B3.3B4.1B4.3B
Other Current Liab(325.3M)785.3M838.8M1.1B1.6B866.9M
Total Current Liabilities712.4M1.4B2.0B3.4B3.6B3.8B
Total Stockholder Equity708.8M2.4B2.7B3.6B3.5B2.1B
Property Plant And Equipment Net917.3M959.6M907.5M1.0B1.2B1.1B
Net Debt1.6B3.6B3.6B2.3B3.6B3.8B
Retained Earnings7.1B8.0B8.4B9.3B9.6B4.9B
Cash704.6M662.2M490.7M1.1B471M745.6M
Non Current Assets Total4.7B7.8B7.5B6.4B7.4B4.2B
Non Currrent Assets Other311M465.1M703.3M361.6M406.3M494.6M
Cash And Short Term Investments704.6M662.2M490.7M1.1B471.3M867.7M
Net Receivables1.2B1.4B1.7B2.2B1.8B1.1B
Common Stock Shares Outstanding116.6M117.1M116.7M115.6M114.5M147.6M
Liabilities And Stockholders Equity7.3B10.7B10.8B11.3B11.2B5.8B
Non Current Liabilities Total5.5B6.6B5.7B4.2B3.7B3.0B
Inventory584M798.1M1.1B1.4B1.3B794.9M
Other Current Assets148.1M178.6M329.1M266.7M314.8M240.9M
Other Stockholder Equity(5.0B)(4.8B)(5.0B)(5.1B)(5.5B)(5.3B)
Total Liab6.2B8.0B7.7B7.6B7.6B5.2B
Total Current Assets2.5B2.9B3.3B4.9B3.9B2.8B
Short Term Debt24.6M606.4M1.1B186.7M1.2B1.2B
Intangible Assets479.3M1.0B902M852.4M1.1B661.9M
Accounts Payable687.8M889.8M1.0B1.2B860.4M559.4M
Property Plant And Equipment Gross917.3M959.6M907.5M1.0B930.2M695.7M
Accumulated Other Comprehensive Income(1.6B)(1.0B)(917.5M)(790.1M)(772.4M)(811.0M)
Other Liab1.9B2.8B2.6B1.0B1.2B1.3B
Other Assets578.5M846M1.1B820.9M944.0M614.1M
Long Term Debt2.0B3.5B2.9B2.9B3.3B3.5B
Treasury Stock(6.4B)(6.5B)(6.7B)(7.0B)(6.3B)(5.9B)
Property Plant Equipment574.4M959.6M907.5M1.0B930.2M592.6M
Current Deferred Revenue325.3M462.5M507M592.5M6.5M6.2M
Good Will1.7B3.6B3.5B3.5B4.0B4.2B
Short Term Investments290.9M39.6M600K12.6M300K285K
Net Tangible Assets(827.1M)(2.3B)(1.7B)(820M)(738M)(701.1M)
Retained Earnings Total Equity6.4B7.1B8.0B8.4B9.7B5.9B
Long Term Debt Total2.0B3.5B2.9B2.9B3.3B1.8B

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When determining whether Rockwell Automation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Rockwell Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Rockwell Automation Stock. Highlighted below are key reports to facilitate an investment decision about Rockwell Automation Stock:
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.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.