Republic Other Current Liab vs Accounts Payable Analysis

RSG Stock  USD 214.06  1.44  0.68%   
Republic Services financial indicator trend analysis is much more than just breaking down Republic Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Republic Services is a good investment. Please check the relationship between Republic Services Other Current Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Republic Services Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Republic Services' Other Current Liab and Accounts Payable is 0.51. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Republic Services, assuming nothing else is changed. The correlation between historical values of Republic Services' Other Current Liab 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 Other Current Liab of Republic Services 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 Other Current Liab i.e., Republic Services' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Republic Services 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 Republic Services 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 Republic Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Republic Services 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 Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.At this time, Republic Services' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Republic Services' current Enterprise Value is estimated to increase to about 61.5 B, while Selling General Administrative is projected to decrease to roughly 769.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.6B5.3B4.4B2.8B
Total Revenue11.3B13.5B15.0B15.7B

Republic Services fundamental ratios Correlations

0.760.90.590.981.00.770.670.66-0.681.0-0.680.670.51.00.42-0.051.00.590.890.11-0.60.050.530.530.98
0.760.650.930.710.771.00.950.97-0.580.75-0.580.980.320.750.57-0.210.770.90.710.48-0.310.120.320.320.72
0.90.650.50.940.880.670.480.51-0.780.91-0.780.560.750.880.140.280.880.40.690.03-0.68-0.010.760.760.91
0.590.930.50.520.610.920.940.96-0.370.58-0.370.960.080.570.55-0.40.620.860.660.76-0.140.090.120.130.52
0.980.710.940.520.970.730.590.58-0.760.99-0.760.610.640.980.290.110.970.50.80.0-0.670.080.650.650.99
1.00.770.880.610.970.780.70.68-0.671.0-0.670.690.450.990.44-0.111.00.610.90.14-0.60.040.480.480.98
0.771.00.670.920.730.780.940.96-0.610.77-0.610.980.340.770.55-0.190.780.890.710.46-0.340.120.340.340.74
0.670.950.480.940.590.70.940.97-0.430.66-0.430.960.040.670.64-0.50.70.920.720.6-0.210.160.050.050.62
0.660.970.510.960.580.680.960.97-0.410.65-0.410.990.110.660.66-0.390.690.950.710.58-0.110.130.130.140.61
-0.68-0.58-0.78-0.37-0.76-0.67-0.61-0.43-0.41-0.71.0-0.44-0.78-0.680.06-0.36-0.64-0.28-0.30.120.83-0.17-0.68-0.68-0.73
1.00.750.910.580.991.00.770.660.65-0.7-0.70.660.531.00.39-0.030.990.580.870.09-0.620.050.550.550.99
-0.68-0.58-0.78-0.37-0.76-0.67-0.61-0.43-0.411.0-0.7-0.44-0.78-0.680.06-0.36-0.64-0.28-0.30.120.83-0.17-0.68-0.68-0.73
0.670.980.560.960.610.690.980.960.99-0.440.66-0.440.180.670.61-0.310.690.930.690.57-0.160.080.210.210.63
0.50.320.750.080.640.450.340.040.11-0.780.53-0.780.180.49-0.240.810.430.010.12-0.4-0.650.060.950.950.58
1.00.750.880.570.980.990.770.670.66-0.681.0-0.680.670.490.45-0.060.990.60.880.06-0.590.040.510.510.99
0.420.570.140.550.290.440.550.640.660.060.390.060.61-0.240.45-0.530.470.730.670.310.19-0.18-0.26-0.260.33
-0.05-0.210.28-0.40.11-0.11-0.19-0.5-0.39-0.36-0.03-0.36-0.310.81-0.06-0.53-0.13-0.43-0.39-0.63-0.29-0.010.760.760.05
1.00.770.880.620.971.00.780.70.69-0.640.99-0.640.690.430.990.47-0.130.620.920.16-0.560.030.460.460.97
0.590.90.40.860.50.610.890.920.95-0.280.58-0.280.930.010.60.73-0.430.620.690.470.040.130.030.030.54
0.890.710.690.660.80.90.710.720.71-0.30.87-0.30.690.120.880.67-0.390.920.690.34-0.27-0.050.210.210.82
0.110.480.030.760.00.140.460.60.580.120.090.120.57-0.40.060.31-0.630.160.470.340.15-0.02-0.29-0.29-0.01
-0.6-0.31-0.68-0.14-0.67-0.6-0.34-0.21-0.110.83-0.620.83-0.16-0.65-0.590.19-0.29-0.560.04-0.270.150.08-0.56-0.56-0.63
0.050.12-0.010.090.080.040.120.160.13-0.170.05-0.170.080.060.04-0.18-0.010.030.13-0.05-0.020.080.130.130.11
0.530.320.760.120.650.480.340.050.13-0.680.55-0.680.210.950.51-0.260.760.460.030.21-0.29-0.560.131.00.6
0.530.320.760.130.650.480.340.050.14-0.680.55-0.680.210.950.51-0.260.760.460.030.21-0.29-0.560.131.00.6
0.980.720.910.520.990.980.740.620.61-0.730.99-0.730.630.580.990.330.050.970.540.82-0.01-0.630.110.60.6
Click cells to compare fundamentals

Republic Services Account Relationship Matchups

Republic Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.7B23.4B25.0B29.1B31.4B16.7B
Short Long Term Debt Total8.7B8.9B9.6B11.8B13.1B13.7B
Other Current Liab995.5M823.5M934.2M1.0B1.2B775.6M
Total Current Liabilities3.0B2.3B2.4B3.4B4.2B4.4B
Total Stockholder Equity8.1B8.5B9.0B9.7B10.5B6.2B
Property Plant And Equipment Net8.4B8.7B9.2B10.7B11.6B6.1B
Net Debt8.6B8.9B9.5B11.6B12.9B13.6B
Retained Earnings5.3B5.8B6.5B7.4B8.4B8.9B
Accounts Payable777.9M779M910M1.2B1.4B1.5B
Cash47.1M38.2M29M143.4M140M75.4M
Non Current Assets Total21.1B21.9B23.2B26.7B29.0B15.4B
Cash And Short Term Investments47.1M38.2M29M143.4M140M75.4M
Net Receivables1.1B1.1B1.3B1.7B2.0B2.1B
Common Stock Shares Outstanding322M319.8M319.4M317.1M316.7M324.9M
Liabilities And Stockholders Equity22.7B23.4B25.0B29.1B31.4B16.7B
Non Current Liabilities Total11.5B12.7B13.6B16.0B16.6B8.5B
Other Current Assets8M96.2M101.2M439.9M150.4M157.9M
Other Stockholder Equity2.8B2.7B2.5B2.3B2.1B3.2B
Total Liab14.6B14.9B16.0B19.4B20.9B10.4B
Property Plant And Equipment Gross8.6B8.9B20.0B22.5B24.1B25.3B
Total Current Assets1.6B1.5B1.7B2.4B2.4B1.2B
Accumulated Other Comprehensive Income2.2M(12.4M)(14.6M)(12.1M)(13.9M)(14.6M)
Short Term Debt929.9M201.6M46.4M513.9M987.1M1.0B
Intangible Assets133.9M173.1M259.5M347.2M496.2M510.6M
Non Currrent Assets Other927M966.5M926.6M(658.3M)565.9M594.2M
Other Liab3.5B3.9B4.0B4.3B5.0B2.6B
Other Assets582M819M926.6M1.2B1.3B1.4B
Long Term Debt7.8B8.8B9.5B11.3B11.9B6.3B
Short Term Investments179.4M149.1M139M127.6M163.6M116.8M
Inventory56.8M59.1M72.2M96.6M97.3M102.2M
Treasury Stock(1.8B)(2.2B)(100K)(274.8M)(247.3M)(259.7M)
Property Plant Equipment8.4B8.7B9.2B10.7B12.4B6.3B
Current Deferred Revenue336M345.6M381.3M443M467.3M302.4M
Good Will11.6B12.0B12.8B14.5B15.8B9.8B
Net Tangible Assets8.1B8.5B9.0B9.7B11.1B9.2B
Retained Earnings Total Equity5.3B5.8B6.5B7.4B8.5B4.2B

Currently Active Assets on Macroaxis

When determining whether Republic Services is a strong investment it is important to analyze Republic Services' 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 Republic Services' future performance. For an informed investment choice regarding Republic 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 Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Environmental & Facilities Services 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 Republic Services. If investors know Republic 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 Republic Services 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
0.185
Dividend Share
2.185
Earnings Share
6.25
Revenue Per Share
50.242
Quarterly Revenue Growth
0.065
The market value of Republic Services is measured differently than its book value, which is the value of Republic that is recorded on the company's balance sheet. Investors also form their own opinion of Republic Services' value that differs from its market value or its book value, called intrinsic value, which is Republic Services' 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 Republic Services' market value can be influenced by many factors that don't directly affect Republic Services' 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 Republic Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Republic Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Republic Services' 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.