Regal Total Current Liabilities vs Accounts Payable 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 Total Current Liabilities and its Accounts Payable 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.

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regal Beloit Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Regal Beloit's Total Current Liabilities and Accounts Payable is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable 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 Total Current Liabilities and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Regal Beloit are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., Regal Beloit's Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Regal Beloit balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Regal Beloit 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.

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.

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 Expense	60.4M	87.2M	431M	452.6M
Depreciation And Amortization	202.5M	339.3M	492.8M	517.4M

Interest Expense Depreciation And Amortization

Regal Beloit fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.93	0.97	0.94	0.95	0.26	0.9	0.7	0.73	1.0	-0.21	0.73	0.95	0.53	0.96	0.92	0.93	0.94	0.97	0.95	0.11	0.85	0.98	0.73	-0.61	0.99
Short Long Term Debt Total	0.93		0.9	0.84	0.78	-0.09	1.0	0.55	0.52	0.95	0.01	0.52	0.82	0.36	1.0	0.76	0.97	0.78	0.99	0.83	0.09	0.67	0.95	0.53	-0.5	0.94
Other Current Liab	0.97	0.9		0.88	0.93	0.22	0.87	0.6	0.74	0.97	-0.25	0.74	0.85	0.43	0.92	0.84	0.9	0.94	0.93	0.89	0.17	0.76	0.97	0.69	-0.78	0.98
Total Current Liabilities	0.94	0.84	0.88		0.93	0.35	0.8	0.83	0.82	0.92	-0.18	0.82	0.97	0.63	0.86	0.94	0.89	0.87	0.89	0.98	0.32	0.93	0.89	0.76	-0.5	0.91
Total Stockholder Equity	0.95	0.78	0.93	0.93		0.52	0.73	0.75	0.83	0.94	-0.4	0.83	0.95	0.62	0.82	0.95	0.8	0.98	0.85	0.96	0.11	0.9	0.92	0.82	-0.65	0.93
Property Plant And Equipment Net	0.26	-0.09	0.22	0.35	0.52		-0.16	0.51	0.54	0.22	-0.61	0.54	0.42	0.53	-0.02	0.51	-0.03	0.48	0.02	0.4	-0.02	0.58	0.18	0.58	-0.25	0.2
Net Debt	0.9	1.0	0.87	0.8	0.73	-0.16		0.49	0.44	0.92	0.06	0.44	0.78	0.31	0.99	0.72	0.95	0.73	0.98	0.78	0.05	0.62	0.92	0.47	-0.46	0.92
Retained Earnings	0.7	0.55	0.6	0.83	0.75	0.51	0.49		0.75	0.66	-0.29	0.75	0.82	0.68	0.57	0.85	0.63	0.62	0.61	0.83	0.33	0.87	0.6	0.62	-0.3	0.64
Cash	0.73	0.52	0.74	0.82	0.83	0.54	0.44	0.75		0.7	-0.38	1.0	0.77	0.6	0.56	0.79	0.59	0.78	0.6	0.84	0.44	0.78	0.65	0.75	-0.6	0.69
Non Current Assets Total	1.0	0.95	0.97	0.92	0.94	0.22	0.92	0.66	0.7		-0.19	0.7	0.92	0.49	0.97	0.89	0.94	0.94	0.98	0.93	0.09	0.82	0.99	0.71	-0.63	1.0
Non Currrent Assets Other	-0.21	0.01	-0.25	-0.18	-0.4	-0.61	0.06	-0.29	-0.38	-0.19		-0.38	-0.27	-0.51	-0.03	-0.41	0.09	-0.4	-0.05	-0.31	0.02	-0.2	-0.17	-0.41	0.32	-0.2
Cash And Short Term Investments	0.73	0.52	0.74	0.82	0.83	0.54	0.44	0.75	1.0	0.7	-0.38		0.77	0.6	0.56	0.79	0.59	0.78	0.6	0.84	0.44	0.78	0.65	0.75	-0.6	0.69
Net Receivables	0.95	0.82	0.85	0.97	0.95	0.42	0.78	0.82	0.77	0.92	-0.27	0.77		0.69	0.85	0.98	0.85	0.9	0.88	0.99	0.11	0.94	0.88	0.79	-0.42	0.91
Common Stock Shares Outstanding	0.53	0.36	0.43	0.63	0.62	0.53	0.31	0.68	0.6	0.49	-0.51	0.6	0.69		0.38	0.74	0.36	0.55	0.42	0.68	0.14	0.66	0.42	0.86	-0.09	0.47
Non Current Liabilities Total	0.96	1.0	0.92	0.86	0.82	-0.02	0.99	0.57	0.56	0.97	-0.03	0.56	0.85	0.38		0.8	0.97	0.82	1.0	0.86	0.07	0.71	0.97	0.57	-0.53	0.97
Inventory	0.92	0.76	0.84	0.94	0.95	0.51	0.72	0.85	0.79	0.89	-0.41	0.79	0.98	0.74	0.8		0.78	0.9	0.83	0.98	0.11	0.94	0.85	0.8	-0.44	0.88
Other Current Assets	0.93	0.97	0.9	0.89	0.8	-0.03	0.95	0.63	0.59	0.94	0.09	0.59	0.85	0.36	0.97	0.78		0.78	0.97	0.86	0.18	0.76	0.93	0.56	-0.53	0.93
Other Stockholder Equity	0.94	0.78	0.94	0.87	0.98	0.48	0.73	0.62	0.78	0.94	-0.4	0.78	0.9	0.55	0.82	0.9	0.78		0.84	0.91	0.03	0.84	0.93	0.81	-0.69	0.94
Total Liab	0.97	0.99	0.93	0.89	0.85	0.02	0.98	0.61	0.6	0.98	-0.05	0.6	0.88	0.42	1.0	0.83	0.97	0.84		0.88	0.1	0.75	0.97	0.6	-0.54	0.97
Total Current Assets	0.95	0.83	0.89	0.98	0.96	0.4	0.78	0.83	0.84	0.93	-0.31	0.84	0.99	0.68	0.86	0.98	0.86	0.91	0.88		0.2	0.92	0.89	0.79	-0.5	0.92
Short Term Debt	0.11	0.09	0.17	0.32	0.11	-0.02	0.05	0.33	0.44	0.09	0.02	0.44	0.11	0.14	0.07	0.11	0.18	0.03	0.1	0.2		0.14	0.05	0.11	-0.26	0.08
Accounts Payable	0.85	0.67	0.76	0.93	0.9	0.58	0.62	0.87	0.78	0.82	-0.2	0.78	0.94	0.66	0.71	0.94	0.76	0.84	0.75	0.92	0.14		0.78	0.77	-0.4	0.8
Intangible Assets	0.98	0.95	0.97	0.89	0.92	0.18	0.92	0.6	0.65	0.99	-0.17	0.65	0.88	0.42	0.97	0.85	0.93	0.93	0.97	0.89	0.05	0.78		0.67	-0.67	1.0
Common Stock	0.73	0.53	0.69	0.76	0.82	0.58	0.47	0.62	0.75	0.71	-0.41	0.75	0.79	0.86	0.57	0.8	0.56	0.81	0.6	0.79	0.11	0.77	0.67		-0.43	0.7
Current Deferred Revenue	-0.61	-0.5	-0.78	-0.5	-0.65	-0.25	-0.46	-0.3	-0.6	-0.63	0.32	-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
Good Will	0.99	0.94	0.98	0.91	0.93	0.2	0.92	0.64	0.69	1.0	-0.2	0.69	0.91	0.47	0.97	0.88	0.93	0.94	0.97	0.92	0.08	0.8	1.0	0.7	-0.65

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Regal Beloit Account Relationship Matchups

Regal Beloit fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4B	4.6B	10.3B	10.3B	15.4B	16.2B
Short Long Term Debt Total	1.1B	1.1B	1.9B	2.0B	6.6B	6.9B
Other Current Liab	3.4M	209.3M	419.4M	444.3M	698.7M	733.6M
Total Current Liabilities	560.5M	822M	1.1B	1.0B	1.3B	1.4B
Total Stockholder Equity	2.4B	2.5B	6.3B	6.4B	6.3B	6.7B
Property Plant And Equipment Net	2.8B	2.7B	7.6B	7.3B	1.2B	1.3B
Net Debt	806.1M	460.1M	1.2B	1.3B	6.0B	6.3B
Retained Earnings	1.9B	2.0B	1.9B	2.1B	2.0B	2.1B
Cash	331.4M	611.3M	672.8M	688.5M	574M	602.7M
Non Current Assets Total	2.8B	2.7B	7.6B	7.3B	12.0B	12.6B
Non Currrent Assets Other	20.1M	16.4M	33.8M	(6.3B)	157.5M	165.4M
Cash And Short Term Investments	331.4M	611.3M	672.8M	688.5M	574M	602.7M
Net Receivables	461.4M	432M	785.8M	797.4M	921.6M	967.7M
Common Stock Shares Outstanding	42.2M	40.8M	47.7M	67.1M	66.3M	34.7M
Liabilities And Stockholders Equity	4.4B	4.6B	10.3B	10.3B	15.4B	16.2B
Non Current Liabilities Total	1.5B	1.2B	2.8B	2.8B	7.7B	8.1B
Inventory	678.4M	690.3M	1.1B	1.3B	1.3B	1.3B
Other Current Assets	136.5M	226.3M	302.7M	177.7M	614.2M	644.9M
Other Stockholder Equity	701.8M	696.6M	4.7B	4.6B	4.6B	4.9B
Total Liab	2.1B	2.0B	3.9B	3.8B	9.1B	9.5B
Total Current Assets	1.6B	1.9B	2.7B	3.0B	3.4B	3.6B
Short Term Debt	600K	252.6M	32.1M	60.2M	78.3M	82.2M
Accounts Payable	337M	360.1M	643.8M	497.7M	549.4M	576.9M
Intangible Assets	567.2M	530.3M	2.4B	2.2B	4.1B	4.3B
Accumulated Other Comprehensive Income	(237.8M)	(163.3M)	(195.1M)	(352.1M)	(282.4M)	(268.3M)
Current Deferred Revenue	218.4M	212.9M	219.5M	23.2M	26.7M	25.3M
Good Will	1.5B	1.5B	4.0B	4.0B	6.6B	6.9B
Other Assets	78.5M	60.3M	69.5M	101.8M	117.1M	69.7M
Long Term Debt	1.1B	840.4M	1.9B	2.0B	6.4B	6.7B
Long Term Debt Total	1.1B	840.4M	1.9B	2.0B	2.3B	1.5B
Capital Surpluse	701.8M	696.6M	4.7B	4.6B	5.3B	5.6B
Cash And Equivalents	331.4M	611.3M	672.8M	688.5M	791.8M	467.8M
Property Plant Equipment	676M	628.9M	7.6B	7.3B	8.4B	8.8B
Other Liab	300.9M	293.1M	922.6M	766.3M	881.2M	524.3M
Net Tangible Assets	282.6M	551M	6.3B	227.6M	261.7M	248.7M
Net Invested Capital	3.5B	3.6B	8.2B	8.4B	12.7B	6.8B
Short Long Term Debt	600K	231M	4.9M	33.8M	3.9M	3.7M
Non Current Liabilities Other	48M	122.5M	922.6M	854.4M	77.2M	73.3M

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Regal Total Current Liabilities vs Accounts Payable Analysis

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Accounts Payable

Regal Beloit fundamental ratios Correlations

Regal Beloit Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Regal Beloit fundamental ratios Accounts

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Additional Tools for Regal Stock Analysis

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Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total

Current Deferred Revenue	- 0.78	Other Current Liab
Current Deferred Revenue	- 0.69	Other Stockholder Equity
Current Deferred Revenue	- 0.67	Intangible Assets
Good Will	- 0.65	Current Deferred Revenue
Current Deferred Revenue	- 0.65	Total Stockholder Equity
Current Deferred Revenue	- 0.63	Non Current Assets Total