Regal Accounts Payable vs Common Stock Analysis

RRX Stock  USD 177.37  3.63  2.09%   
Regal Beloit financial indicator trend analysis is much more than just breaking down Regal Beloit prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regal Beloit is a good investment. Please check the relationship between Regal Beloit Accounts Payable and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regal Beloit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Regal Stock please use our How to Invest in Regal Beloit guide.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regal Beloit Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Regal Beloit's Accounts Payable and Common Stock is 0.77. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Regal Beloit, assuming nothing else is changed. The correlation between historical values of Regal Beloit's Accounts Payable and Common Stock 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 Regal Beloit are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Regal Beloit's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Regal Beloit 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 Regal Beloit 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.

Common Stock

Most indicators from Regal Beloit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regal Beloit 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 Regal Beloit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Regal Stock please use our How to Invest in Regal Beloit guide.Tax Provision is likely to rise to about 71.7 M in 2024. Enterprise Value Over EBITDA is likely to rise to 17.07 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense60.4M87.2M431M452.6M
Depreciation And Amortization202.5M339.3M492.8M517.4M

Regal Beloit fundamental ratios Correlations

0.930.970.940.950.260.90.70.731.0-0.210.730.950.530.960.920.930.940.970.950.110.850.980.73-0.610.99
0.930.90.840.78-0.091.00.550.520.950.010.520.820.361.00.760.970.780.990.830.090.670.950.53-0.50.94
0.970.90.880.930.220.870.60.740.97-0.250.740.850.430.920.840.90.940.930.890.170.760.970.69-0.780.98
0.940.840.880.930.350.80.830.820.92-0.180.820.970.630.860.940.890.870.890.980.320.930.890.76-0.50.91
0.950.780.930.930.520.730.750.830.94-0.40.830.950.620.820.950.80.980.850.960.110.90.920.82-0.650.93
0.26-0.090.220.350.52-0.160.510.540.22-0.610.540.420.53-0.020.51-0.030.480.020.4-0.020.580.180.58-0.250.2
0.91.00.870.80.73-0.160.490.440.920.060.440.780.310.990.720.950.730.980.780.050.620.920.47-0.460.92
0.70.550.60.830.750.510.490.750.66-0.290.750.820.680.570.850.630.620.610.830.330.870.60.62-0.30.64
0.730.520.740.820.830.540.440.750.7-0.381.00.770.60.560.790.590.780.60.840.440.780.650.75-0.60.69
1.00.950.970.920.940.220.920.660.7-0.190.70.920.490.970.890.940.940.980.930.090.820.990.71-0.631.0
-0.210.01-0.25-0.18-0.4-0.610.06-0.29-0.38-0.19-0.38-0.27-0.51-0.03-0.410.09-0.4-0.05-0.310.02-0.2-0.17-0.410.32-0.2
0.730.520.740.820.830.540.440.751.00.7-0.380.770.60.560.790.590.780.60.840.440.780.650.75-0.60.69
0.950.820.850.970.950.420.780.820.770.92-0.270.770.690.850.980.850.90.880.990.110.940.880.79-0.420.91
0.530.360.430.630.620.530.310.680.60.49-0.510.60.690.380.740.360.550.420.680.140.660.420.86-0.090.47
0.961.00.920.860.82-0.020.990.570.560.97-0.030.560.850.380.80.970.821.00.860.070.710.970.57-0.530.97
0.920.760.840.940.950.510.720.850.790.89-0.410.790.980.740.80.780.90.830.980.110.940.850.8-0.440.88
0.930.970.90.890.8-0.030.950.630.590.940.090.590.850.360.970.780.780.970.860.180.760.930.56-0.530.93
0.940.780.940.870.980.480.730.620.780.94-0.40.780.90.550.820.90.780.840.910.030.840.930.81-0.690.94
0.970.990.930.890.850.020.980.610.60.98-0.050.60.880.421.00.830.970.840.880.10.750.970.6-0.540.97
0.950.830.890.980.960.40.780.830.840.93-0.310.840.990.680.860.980.860.910.880.20.920.890.79-0.50.92
0.110.090.170.320.11-0.020.050.330.440.090.020.440.110.140.070.110.180.030.10.20.140.050.11-0.260.08
0.850.670.760.930.90.580.620.870.780.82-0.20.780.940.660.710.940.760.840.750.920.140.780.77-0.40.8
0.980.950.970.890.920.180.920.60.650.99-0.170.650.880.420.970.850.930.930.970.890.050.780.67-0.671.0
0.730.530.690.760.820.580.470.620.750.71-0.410.750.790.860.570.80.560.810.60.790.110.770.67-0.430.7
-0.61-0.5-0.78-0.5-0.65-0.25-0.46-0.3-0.6-0.630.32-0.6-0.42-0.09-0.53-0.44-0.53-0.69-0.54-0.5-0.26-0.4-0.67-0.43-0.65
0.990.940.980.910.930.20.920.640.691.0-0.20.690.910.470.970.880.930.940.970.920.080.81.00.7-0.65
Click cells to compare fundamentals

Regal Beloit Account Relationship Matchups

Regal Beloit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B10.3B10.3B15.4B16.2B
Short Long Term Debt Total1.1B1.1B1.9B2.0B6.6B6.9B
Other Current Liab3.4M209.3M419.4M444.3M698.7M733.6M
Total Current Liabilities560.5M822M1.1B1.0B1.3B1.4B
Total Stockholder Equity2.4B2.5B6.3B6.4B6.3B6.7B
Property Plant And Equipment Net2.8B2.7B7.6B7.3B1.2B1.3B
Net Debt806.1M460.1M1.2B1.3B6.0B6.3B
Retained Earnings1.9B2.0B1.9B2.1B2.0B2.1B
Cash331.4M611.3M672.8M688.5M574M602.7M
Non Current Assets Total2.8B2.7B7.6B7.3B12.0B12.6B
Non Currrent Assets Other20.1M16.4M33.8M(6.3B)157.5M165.4M
Cash And Short Term Investments331.4M611.3M672.8M688.5M574M602.7M
Net Receivables461.4M432M785.8M797.4M921.6M967.7M
Common Stock Shares Outstanding42.2M40.8M47.7M67.1M66.3M34.7M
Liabilities And Stockholders Equity4.4B4.6B10.3B10.3B15.4B16.2B
Non Current Liabilities Total1.5B1.2B2.8B2.8B7.7B8.1B
Inventory678.4M690.3M1.1B1.3B1.3B1.3B
Other Current Assets136.5M226.3M302.7M177.7M614.2M644.9M
Other Stockholder Equity701.8M696.6M4.7B4.6B4.6B4.9B
Total Liab2.1B2.0B3.9B3.8B9.1B9.5B
Total Current Assets1.6B1.9B2.7B3.0B3.4B3.6B
Short Term Debt600K252.6M32.1M60.2M78.3M82.2M
Accounts Payable337M360.1M643.8M497.7M549.4M576.9M
Intangible Assets567.2M530.3M2.4B2.2B4.1B4.3B
Accumulated Other Comprehensive Income(237.8M)(163.3M)(195.1M)(352.1M)(282.4M)(268.3M)
Current Deferred Revenue218.4M212.9M219.5M23.2M26.7M25.3M
Good Will1.5B1.5B4.0B4.0B6.6B6.9B
Other Assets78.5M60.3M69.5M101.8M117.1M69.7M
Long Term Debt1.1B840.4M1.9B2.0B6.4B6.7B
Long Term Debt Total1.1B840.4M1.9B2.0B2.3B1.5B
Capital Surpluse701.8M696.6M4.7B4.6B5.3B5.6B
Cash And Equivalents331.4M611.3M672.8M688.5M791.8M467.8M
Property Plant Equipment676M628.9M7.6B7.3B8.4B8.8B
Other Liab300.9M293.1M922.6M766.3M881.2M524.3M
Net Tangible Assets282.6M551M6.3B227.6M261.7M248.7M
Net Invested Capital3.5B3.6B8.2B8.4B12.7B6.8B
Short Long Term Debt600K231M4.9M33.8M3.9M3.7M
Non Current Liabilities Other48M122.5M922.6M854.4M77.2M73.3M

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