Rogers Property Plant And Equipment Gross vs Inventory Analysis

RSI Stock  CAD 5.76  0.04  0.70%   
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 Property Plant And Equipment Gross and its Inventory 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.

Property Plant And Equipment Gross vs Inventory

Property Plant And Equipment Gross vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Sugar Property Plant And Equipment Gross account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rogers Sugar's Property Plant And Equipment Gross and Inventory is 0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Inventory 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 Property Plant And Equipment Gross and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Rogers Sugar are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Gross i.e., Rogers Sugar's Property Plant And Equipment Gross and Inventory go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Inventory

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 24th 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 Profit130.8M165.7M190.6M200.1M
Total Revenue1.0B1.1B1.3B1.3B

Rogers Sugar fundamental ratios Correlations

0.070.780.150.83-0.650.86-0.050.96-0.49-0.050.820.80.330.860.830.640.980.970.20.80.590.810.6-0.40.52
0.07-0.020.21-0.050.00.07-0.070.010.04-0.07-0.01-0.210.1-0.03-0.010.320.050.05-0.2-0.05-0.13-0.02-0.040.040.01
0.78-0.02-0.160.95-0.890.95-0.140.74-0.47-0.140.980.70.220.950.980.770.790.720.440.710.810.970.83-0.440.32
0.150.21-0.16-0.150.360.070.190.210.530.19-0.13-0.270.74-0.15-0.07-0.20.010.02-0.530.17-0.40.0-0.050.620.43
0.83-0.050.95-0.15-0.90.94-0.240.82-0.51-0.240.980.750.260.990.980.780.870.820.260.740.830.970.83-0.450.42
-0.650.0-0.890.36-0.9-0.830.38-0.580.370.38-0.92-0.61-0.17-0.86-0.89-0.78-0.75-0.65-0.35-0.74-0.92-0.88-0.880.37-0.03
0.860.070.950.070.94-0.83-0.10.85-0.39-0.10.960.620.440.960.980.720.850.810.190.750.730.970.79-0.320.49
-0.05-0.07-0.140.19-0.240.38-0.1-0.04-0.161.0-0.19-0.01-0.18-0.14-0.15-0.37-0.15-0.080.01-0.26-0.32-0.22-0.22-0.170.16
0.960.010.740.210.82-0.580.85-0.04-0.47-0.040.790.740.40.860.810.570.920.950.050.720.50.790.53-0.350.71
-0.490.04-0.470.53-0.510.37-0.39-0.16-0.47-0.16-0.47-0.750.55-0.59-0.46-0.48-0.53-0.61-0.42-0.02-0.43-0.35-0.120.99-0.28
-0.05-0.07-0.140.19-0.240.38-0.11.0-0.04-0.16-0.19-0.01-0.18-0.14-0.15-0.37-0.15-0.080.01-0.26-0.32-0.22-0.22-0.170.16
0.82-0.010.98-0.130.98-0.920.96-0.190.79-0.47-0.190.720.280.980.990.80.850.790.310.760.840.980.86-0.420.35
0.8-0.210.7-0.270.75-0.610.62-0.010.74-0.75-0.010.72-0.210.760.720.590.840.810.490.60.630.660.53-0.720.27
0.330.10.220.740.26-0.170.44-0.180.40.55-0.180.28-0.210.230.30.060.250.23-0.490.50.050.40.350.650.41
0.86-0.030.95-0.150.99-0.860.96-0.140.86-0.59-0.140.980.760.230.980.770.880.860.270.690.790.950.76-0.520.47
0.83-0.010.98-0.070.98-0.890.98-0.150.81-0.46-0.150.990.720.30.980.780.850.790.290.750.820.990.86-0.410.41
0.640.320.77-0.20.78-0.780.72-0.370.57-0.48-0.370.80.590.060.770.780.690.630.240.550.810.750.7-0.470.18
0.980.050.790.010.87-0.750.85-0.150.92-0.53-0.150.850.840.250.880.850.690.970.260.820.670.820.66-0.460.4
0.970.050.720.020.82-0.650.81-0.080.95-0.61-0.080.790.810.230.860.790.630.970.150.70.590.750.52-0.510.52
0.2-0.20.44-0.530.26-0.350.190.010.05-0.420.010.310.49-0.490.270.290.240.260.150.220.330.240.22-0.49-0.38
0.8-0.050.710.170.74-0.740.75-0.260.72-0.02-0.260.760.60.50.690.750.550.820.70.220.640.780.820.020.13
0.59-0.130.81-0.40.83-0.920.73-0.320.5-0.43-0.320.840.630.050.790.820.810.670.590.330.640.80.83-0.440.0
0.81-0.020.970.00.97-0.880.97-0.220.79-0.35-0.220.980.660.40.950.990.750.820.750.240.780.80.87-0.290.41
0.6-0.040.83-0.050.83-0.880.79-0.220.53-0.12-0.220.860.530.350.760.860.70.660.520.220.820.830.87-0.120.05
-0.40.04-0.440.62-0.450.37-0.32-0.17-0.350.99-0.17-0.42-0.720.65-0.52-0.41-0.47-0.46-0.51-0.490.02-0.44-0.29-0.12-0.14
0.520.010.320.430.42-0.030.490.160.71-0.280.160.350.270.410.470.410.180.40.52-0.380.130.00.410.05-0.14
Click cells to compare fundamentals

Rogers Sugar Account Relationship Matchups

Rogers Sugar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets887.1M879.9M938.0M960.9M1.1B686.3M
Other Current Liab1.5M2.1M44.3M1.1M1.3M1.2M
Total Current Liabilities168.8M129.9M216.6M229.3M263.7M276.9M
Total Stockholder Equity270.2M319.0M291.4M306.9M276.2M249.0M
Net Debt361.1M349.4M397.6M438.3M504.1M529.3M
Retained Earnings(116.8M)(106.6M)(160.7M)(146.6M)(168.6M)(177.1M)
Accounts Payable105.9M93.4M142.2M125.9M144.8M152.0M
Cash2.0M15.6M151K46K41.4K39.3K
Non Current Assets Total597.5M577.7M547.3M559.1M643.0M511.6M
Non Currrent Assets Other2K6.4M19.2M8.1M7.3M6.9M
Cash And Short Term Investments2.0M15.6M151K46K41.4K39.3K
Net Receivables95.4M93.7M121.6M119.0M136.8M143.7M
Common Stock Shares Outstanding110.9M121.6M103.9M133.4M153.4M105.3M
Liabilities And Stockholders Equity887.1M879.9M938.0M960.9M1.1B686.3M
Other Stockholder Equity305.9M306.0M306.0M306.1M275.4M294.9M
Total Liab617.0M561.0M646.5M654.0M752.1M789.7M
Total Current Assets289.6M302.2M390.6M401.8M462.0M485.1M
Accumulated Other Comprehensive Income(18.3M)19.5M42.5M40.3M36.2M38.1M
Other Current Assets11.4M12.6M22.2M15.5M17.8M18.7M
Short Long Term Debt Total363.0M365.0M397.8M438.4M504.1M257.8M
Non Current Liabilities Total448.1M431.0M430.0M424.7M488.4M273.8M
Short Term Debt35.8M3.0M30.0M62.4M56.1M36.1M
Property Plant And Equipment Net250.9M260.2M270.9M297.2M341.7M228.9M
Current Deferred Revenue22.5M25.7M31.4M39.9M45.9M48.2M
Inventory180.8M180.3M246.7M267.3M307.4M322.7M
Property Plant And Equipment Gross250.9M516.2M548.8M595.1M684.3M718.6M
Intangible Assets31.7M28.0M24.3M20.9M18.8M17.9M
Short Term Investments4.0M231K3.2M4.7M5.4M5.7M
Common Stock99.5M100.1M103.6M107.2M96.5M92.1M
Other Liab98.6M115.6M68.5M62.2M56.0M67.2M
Net Tangible Assets(33.0M)(44.5M)7.9M34.1M30.7M32.3M
Other Assets20.6M32.0M6.4M19.2M22.1M20.2M
Long Term Debt310.8M346.5M348.6M349.9M402.4M294.5M
Short Long Term Debt25.3M31.8M26M58M66.7M70.0M
Property Plant Equipment220.4M250.9M260.2M270.9M311.5M236.4M
Long Term Debt Total305.0M327.3M362.0M367.8M423.0M305.6M
Capital Surpluse300.6M300.8M300.9M300.9M346.1M303.1M

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.

Moving together with Rogers Stock

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Moving against Rogers Stock

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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.
Pair CorrelationCorrelation Matching

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.