RPM Inventory vs Total Current Liabilities Analysis

RPM Stock  USD 140.26  2.39  1.73%   
RPM International financial indicator trend analysis is much more than just breaking down RPM International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RPM International is a good investment. Please check the relationship between RPM International Inventory and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPM International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in RPM Stock, please use our How to Invest in RPM International guide.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RPM International Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RPM International's Inventory and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of RPM International, assuming nothing else is changed. The correlation between historical values of RPM International's Inventory 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 Inventory of RPM International 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 Inventory i.e., RPM International's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Current Liabilities

Total Current Liabilities is an item on RPM International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RPM International 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 RPM International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RPM International 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 RPM International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in RPM Stock, please use our How to Invest in RPM International guide.At this time, RPM International's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 11.4 B, while Selling General Administrative is likely to drop about 1.2 B.
 2021 2022 2023 2024 (projected)
Interest Expense87.9M119.0M118.0M123.9M
Depreciation And Amortization153.1M154.9M171.3M179.8M

RPM International fundamental ratios Correlations

0.950.940.920.910.890.920.890.31.00.690.30.990.720.780.970.760.10.820.830.470.830.820.870.77-0.85
0.950.820.90.790.870.990.840.170.950.790.170.940.60.830.960.74-0.050.870.830.570.810.80.810.71-0.7
0.940.820.840.920.860.790.850.380.950.570.380.920.690.680.880.680.120.710.740.30.750.750.820.75-0.89
0.920.90.840.830.820.890.820.230.90.690.230.920.610.660.950.670.00.780.80.760.740.810.780.73-0.73
0.910.790.920.830.920.770.950.190.910.430.190.940.540.510.870.55-0.010.560.640.390.590.630.670.9-0.92
0.890.870.860.820.920.880.99-0.040.90.48-0.040.920.340.560.880.5-0.320.610.620.470.520.60.590.96-0.8
0.920.990.790.890.770.880.850.070.920.760.070.930.530.810.950.7-0.130.850.80.590.770.770.760.73-0.66
0.890.840.850.820.950.990.85-0.050.90.46-0.050.930.360.510.870.47-0.280.570.60.470.520.570.570.96-0.84
0.30.170.380.230.19-0.040.07-0.050.260.441.00.20.760.410.20.510.720.410.48-0.090.480.470.56-0.17-0.3
1.00.950.950.90.910.90.920.90.260.670.260.980.690.780.950.720.070.80.80.440.830.790.860.78-0.86
0.690.790.570.690.430.480.760.460.440.670.440.660.690.850.690.750.150.880.840.470.770.80.780.26-0.42
0.30.170.380.230.19-0.040.07-0.051.00.260.440.20.760.410.20.510.720.410.48-0.090.480.470.56-0.17-0.3
0.990.940.920.920.940.920.930.930.20.980.660.20.650.720.970.710.010.770.790.510.770.770.810.82-0.86
0.720.60.690.610.540.340.530.360.760.690.690.760.650.750.640.810.710.750.770.160.890.760.90.17-0.61
0.780.830.680.660.510.560.810.510.410.780.850.410.720.750.770.880.210.970.920.250.90.890.910.32-0.43
0.970.960.880.950.870.880.950.870.20.950.690.20.970.640.770.780.00.840.850.590.790.850.820.77-0.73
0.760.740.680.670.550.50.70.470.510.720.750.510.710.810.880.780.360.890.910.250.850.90.860.3-0.45
0.1-0.050.120.0-0.01-0.32-0.13-0.280.720.070.150.720.010.710.210.00.360.150.17-0.230.460.190.39-0.42-0.16
0.820.870.710.780.560.610.850.570.410.80.880.410.770.750.970.840.890.150.970.440.890.950.930.4-0.46
0.830.830.740.80.640.620.80.60.480.80.840.480.790.770.920.850.910.170.970.450.840.980.920.45-0.5
0.470.570.30.760.390.470.590.47-0.090.440.47-0.090.510.160.250.590.25-0.230.440.450.310.430.310.46-0.27
0.830.810.750.740.590.520.770.520.480.830.770.480.770.890.90.790.850.460.890.840.310.850.960.31-0.58
0.820.80.750.810.630.60.770.570.470.790.80.470.770.760.890.850.90.190.950.980.430.850.920.42-0.48
0.870.810.820.780.670.590.760.570.560.860.780.560.810.90.910.820.860.390.930.920.310.960.920.4-0.64
0.770.710.750.730.90.960.730.96-0.170.780.26-0.170.820.170.320.770.3-0.420.40.450.460.310.420.4-0.78
-0.85-0.7-0.89-0.73-0.92-0.8-0.66-0.84-0.3-0.86-0.42-0.3-0.86-0.61-0.43-0.73-0.45-0.16-0.46-0.5-0.27-0.58-0.48-0.64-0.78
Click cells to compare fundamentals

RPM International Account Relationship Matchups

RPM International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B6.3B6.7B6.8B6.6B6.9B
Short Long Term Debt Total2.8B2.6B3.0B3.0B2.5B2.6B
Other Current Liab452.1M613.0M554.3M571.7M613.9M644.6M
Total Current Liabilities1.1B1.3B2.0B1.5B1.5B1.5B
Total Stockholder Equity1.3B1.7B2.0B2.1B2.5B2.6B
Property Plant And Equipment Net1.1B1.3B1.4B1.6B1.7B1.7B
Net Debt2.6B2.4B2.8B2.8B2.2B2.3B
Retained Earnings1.5B1.9B2.1B2.4B2.8B2.9B
Cash233.4M246.7M201.7M215.8M237.4M152.3M
Non Current Assets Total3.2B3.5B3.6B3.6B3.7B3.9B
Non Currrent Assets Other195.6M180.9M175.7M142.6M153.0M85.6M
Cash And Short Term Investments233.4M246.7M201.7M215.8M237.4M152.3M
Net Receivables1.1B1.3B1.4B1.5B1.5B1.6B
Common Stock Shares Outstanding130.0M128.9M129.6M128.8M128.3M121.0M
Liabilities And Stockholders Equity5.6B6.3B6.7B6.8B6.6B6.9B
Non Current Liabilities Total3.3B3.2B2.7B3.1B2.6B1.5B
Inventory810.4M938.1M1.2B1.1B956.5M1.0B
Other Current Assets241.6M316.4M304.9M329.8M224.2M171.0M
Other Stockholder Equity434.3M402.4M379.1M340.4M286.2M472.9M
Total Liab4.4B4.5B4.7B4.6B4.1B2.2B
Total Current Assets2.4B2.8B3.2B3.2B2.9B1.5B
Short Term Debt80.9M1.3M661.7M238.2M202.5M212.6M
Intangible Assets584.4M628.7M592.3M555.0M513.0M490.8M
Accounts Payable535.3M717.2M800.4M680.9M649.7M358.1M
Good Will1.3B1.3B1.3B1.3B1.3B1.0B
Property Plant And Equipment Gross1.1B1.3B2.1B2.3B2.8B3.0B
Accumulated Other Comprehensive Income(717.5M)(514.9M)(537.3M)(604.9M)(537.3M)(510.4M)
Other Liab519.9M564.5M540.1M359.2M413.1M436.8M
Other Assets219.6M207.7M194.6M180.2M1.00.95
Long Term Debt2.5B2.4B2.1B2.5B2.0B1.5B
Short Term Investments7.6M3.9M6M5.1M6.5M6.2M
Treasury Stock(236.3M)(437.3M)(580.1M)(653.0M)(587.7M)(558.3M)
Property Plant Equipment849.7M1.3B1.1B1.2B1.4B1.5B
Current Deferred Revenue25.3M33.1M44.9M42.4M(72.3M)(68.6M)
Net Tangible Assets(572.0M)(233.4M)52.3M292.3M263.0M337.5M
Noncontrolling Interest In Consolidated Entity2.2M2.0M1.4M2.2M1.9M1.8M
Retained Earnings Total Equity1.5B1.9B2.1B2.4B2.8B1.5B

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When determining whether RPM International is a strong investment it is important to analyze RPM International's 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 RPM International's future performance. For an informed investment choice regarding RPM 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 RPM International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in RPM Stock, please use our How to Invest in RPM International guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Specialty Chemicals 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 RPM International. If investors know RPM 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 RPM International 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
0.132
Dividend Share
1.84
Earnings Share
4.77
Revenue Per Share
57.068
Quarterly Revenue Growth
(0.02)
The market value of RPM International is measured differently than its book value, which is the value of RPM that is recorded on the company's balance sheet. Investors also form their own opinion of RPM International's value that differs from its market value or its book value, called intrinsic value, which is RPM International'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 RPM International's market value can be influenced by many factors that don't directly affect RPM International'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 RPM International's value and its price as these two are different measures arrived at by different means. Investors typically determine if RPM International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RPM International'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.