Rogers Intangible Assets vs Total Assets Analysis
RSI Stock | CAD 5.67 0.06 1.05% |
Rogers Sugar financial indicator trend analysis is much more than just breaking down Rogers Sugar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rogers Sugar is a good investment. Please check the relationship between Rogers Sugar Intangible Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Sugar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Intangible Assets vs Total Assets
Intangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Sugar Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rogers Sugar's Intangible Assets and Total Assets is -0.4. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Rogers Sugar, assuming nothing else is changed. The correlation between historical values of Rogers Sugar's Intangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Rogers Sugar are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Rogers Sugar's Intangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Assets
Total assets refers to the total amount of Rogers Sugar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rogers Sugar books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Rogers Sugar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rogers Sugar 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 Rogers Sugar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Rogers Sugar's Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value Over EBITDA is likely to grow to 7.84, while Tax Provision is likely to drop about 16.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 130.8M | 165.7M | 190.6M | 200.1M | Total Revenue | 1.0B | 1.1B | 1.3B | 1.3B |
Rogers Sugar fundamental ratios Correlations
Click cells to compare fundamentals
Rogers Sugar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rogers Sugar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 887.1M | 879.9M | 938.0M | 960.9M | 1.1B | 686.3M | |
Other Current Liab | 27.2M | (1.4M) | 44.3M | 41.1M | 47.2M | 49.6M | |
Total Current Liabilities | 168.8M | 129.9M | 216.6M | 229.3M | 263.7M | 276.9M | |
Total Stockholder Equity | 270.2M | 319.0M | 291.4M | 306.9M | 276.2M | 249.0M | |
Net Debt | 361.1M | 349.4M | 397.6M | 438.3M | 504.1M | 529.3M | |
Retained Earnings | (116.8M) | (106.6M) | (160.7M) | (146.6M) | (168.6M) | (177.1M) | |
Accounts Payable | 105.9M | 93.4M | 142.2M | 125.9M | 144.8M | 152.0M | |
Cash | 2.0M | 15.6M | 151K | 46K | 41.4K | 39.3K | |
Non Current Assets Total | 597.5M | 577.7M | 547.3M | 559.1M | 643.0M | 511.6M | |
Non Currrent Assets Other | 2K | 6.4M | 19.2M | 783K | 704.7K | 669.5K | |
Cash And Short Term Investments | 2.0M | 15.6M | 151K | 46K | 41.4K | 39.3K | |
Net Receivables | 81.5M | 79.9M | 121.6M | 119.0M | 136.8M | 143.7M | |
Common Stock Shares Outstanding | 110.9M | 121.6M | 103.9M | 133.4M | 153.4M | 105.3M | |
Liabilities And Stockholders Equity | 887.1M | 879.9M | 938.0M | 960.9M | 1.1B | 686.3M | |
Other Stockholder Equity | 300.8M | 300.9M | 300.9M | 301.0M | 270.9M | 213.4M | |
Total Liab | 617.0M | 561.0M | 646.5M | 654.0M | 752.1M | 789.7M | |
Total Current Assets | 289.6M | 302.2M | 390.6M | 401.8M | 462.0M | 485.1M | |
Accumulated Other Comprehensive Income | (18.3M) | 19.5M | 42.5M | 45.4M | 40.8M | 42.9M | |
Other Current Assets | 25.3M | 26.4M | 20.5M | 15.5M | 17.8M | 18.7M | |
Short Long Term Debt Total | 363.0M | 365.0M | 397.8M | 438.4M | 504.1M | 257.8M | |
Non Current Liabilities Total | 448.1M | 431.0M | 430.0M | 424.7M | 488.4M | 273.8M | |
Short Term Debt | 35.8M | 3.0M | 30.0M | 62.4M | 56.1M | 36.2M | |
Property Plant And Equipment Net | 250.9M | 260.2M | 270.9M | 297.2M | 341.7M | 228.9M | |
Current Deferred Revenue | 22.5M | 25.7M | 31.4M | 39.9M | 45.9M | 48.2M | |
Inventory | 180.8M | 180.3M | 246.7M | 267.3M | 307.4M | 322.7M | |
Property Plant And Equipment Gross | 250.9M | 516.2M | 548.8M | 595.1M | 684.3M | 718.6M | |
Intangible Assets | 31.7M | 28.0M | 24.3M | 20.9M | 18.8M | 17.9M | |
Short Term Investments | 4.0M | 231K | 3.2M | 4.7M | 5.4M | 5.7M | |
Common Stock | 99.5M | 100.1M | 103.6M | 107.2M | 96.5M | 92.1M | |
Other Liab | 98.6M | 115.6M | 68.5M | 62.2M | 56.0M | 67.2M | |
Net Tangible Assets | (33.0M) | (44.5M) | 7.9M | 34.1M | 30.7M | 32.3M | |
Other Assets | 20.6M | 32.0M | 6.4M | 19.2M | 22.1M | 20.2M | |
Long Term Debt | 310.8M | 346.5M | 348.6M | 349.9M | 402.4M | 294.5M | |
Short Long Term Debt | 25.3M | 31.8M | 26M | 58M | 66.7M | 70.0M | |
Property Plant Equipment | 220.4M | 250.9M | 260.2M | 270.9M | 311.5M | 236.4M | |
Long Term Debt Total | 305.0M | 327.3M | 362.0M | 367.8M | 423.0M | 305.6M | |
Capital Surpluse | 300.6M | 300.8M | 300.9M | 300.9M | 346.1M | 303.1M |
Pair Trading with Rogers Sugar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rogers Sugar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rogers Sugar will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Rogers Sugar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rogers Sugar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rogers Sugar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rogers Sugar to buy it.
The correlation of Rogers Sugar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rogers Sugar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rogers Sugar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rogers Sugar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Rogers Stock
Balance Sheet is a snapshot of the financial position of Rogers Sugar at a specified time, usually calculated after every quarter, six months, or one year. Rogers Sugar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rogers Sugar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Rogers currently owns. An asset can also be divided into two categories, current and non-current.