Regal Common Stock Shares Outstanding vs Cash 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 Common Stock Shares Outstanding and its Cash 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.

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regal Beloit Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Regal Beloit's Common Stock Shares Outstanding and Cash is 0.6. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash 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 Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Regal Beloit are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Regal Beloit's Common Stock Shares Outstanding and Cash go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash

Cash refers to the most liquid asset of Regal Beloit, which is listed under current asset account on Regal Beloit balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Regal Beloit customers. The amounts must be unrestricted with restricted cash listed in a different Regal Beloit account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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