RSYSTEMS Short Term Investments vs Good Will Analysis

RSYSTEMS   470.15  0.25  0.05%   
R Systems financial indicator trend analysis is much more than just breaking down R Systems International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether R Systems International is a good investment. Please check the relationship between R Systems Short Term Investments and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in R Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of R Systems International Short Term Investments account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between R Systems' Short Term Investments and Good Will is -0.09. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of R Systems International, assuming nothing else is changed. The correlation between historical values of R Systems' Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of R Systems International are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., R Systems' Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of R Systems balance sheet. It contains any investments R Systems International undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that R Systems International can easily liquidate in the marketplace.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from R Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into R Systems International 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 R Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of the 28th of November 2024, Tax Provision is likely to grow to about 629.1 M, while Selling General Administrative is likely to drop about 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense49.1M49.0M89.5M94.0M
Depreciation And Amortization275.5M348.3M542.6M569.7M

R Systems fundamental ratios Correlations

0.970.890.980.740.650.440.530.940.390.490.71-0.950.920.51-0.60.990.71-0.950.87-0.370.760.260.840.44-0.15
0.970.870.930.750.760.430.570.90.430.540.7-0.890.960.44-0.60.970.72-0.880.82-0.410.780.40.770.48-0.23
0.890.870.950.50.530.640.250.920.120.210.59-0.830.760.44-0.570.930.48-0.830.91-0.210.520.090.870.18-0.17
0.980.930.950.640.560.50.430.960.240.360.66-0.940.850.55-0.570.990.61-0.940.92-0.250.650.180.890.29-0.18
0.740.750.50.640.86-0.050.810.540.730.810.93-0.660.840.25-0.570.720.98-0.630.4-0.410.980.360.360.72-0.02
0.650.760.530.560.860.070.710.460.660.750.85-0.480.850.11-0.620.650.86-0.460.33-0.380.870.360.260.67-0.14
0.440.430.640.5-0.050.07-0.490.67-0.41-0.470.03-0.360.230.26-0.10.44-0.16-0.40.75-0.01-0.02-0.170.76-0.37-0.1
0.530.570.250.430.810.71-0.490.240.790.950.7-0.490.710.17-0.490.520.88-0.450.09-0.380.80.550.040.8-0.13
0.940.90.920.960.540.460.670.240.080.170.53-0.890.770.56-0.440.940.46-0.90.98-0.20.550.120.970.14-0.21
0.390.430.120.240.730.66-0.410.790.080.940.6-0.350.63-0.14-0.550.360.8-0.31-0.08-0.660.770.54-0.140.990.27
0.490.540.210.360.810.75-0.470.950.170.940.69-0.450.720.03-0.560.470.89-0.410.01-0.560.830.58-0.050.940.05
0.710.70.590.660.930.850.030.70.530.60.69-0.620.780.28-0.60.710.92-0.590.41-0.230.890.10.360.6-0.07
-0.95-0.89-0.83-0.94-0.66-0.48-0.36-0.49-0.89-0.35-0.45-0.62-0.84-0.580.57-0.94-0.640.99-0.830.39-0.67-0.24-0.8-0.40.06
0.920.960.760.850.840.850.230.710.770.630.720.78-0.840.32-0.630.920.84-0.830.65-0.480.870.450.60.68-0.12
0.510.440.440.550.250.110.260.170.56-0.140.030.28-0.580.32-0.160.50.21-0.590.61-0.040.23-0.050.6-0.1-0.2
-0.6-0.6-0.57-0.57-0.57-0.62-0.1-0.49-0.44-0.55-0.56-0.60.57-0.63-0.16-0.6-0.640.56-0.420.65-0.63-0.19-0.3-0.57-0.22
0.990.970.930.990.720.650.440.520.940.360.470.71-0.940.920.5-0.60.69-0.940.87-0.330.730.260.840.41-0.17
0.710.720.480.610.980.86-0.160.880.460.80.890.92-0.640.840.21-0.640.69-0.60.32-0.460.970.410.260.790.02
-0.95-0.88-0.83-0.94-0.63-0.46-0.4-0.45-0.9-0.31-0.41-0.590.99-0.83-0.590.56-0.94-0.6-0.860.39-0.65-0.21-0.82-0.370.05
0.870.820.910.920.40.330.750.090.98-0.080.010.41-0.830.650.61-0.420.870.32-0.86-0.180.410.060.99-0.02-0.21
-0.37-0.41-0.21-0.25-0.41-0.38-0.01-0.38-0.2-0.66-0.56-0.230.39-0.48-0.040.65-0.33-0.460.39-0.18-0.53-0.51-0.08-0.67-0.36
0.760.780.520.650.980.87-0.020.80.550.770.830.89-0.670.870.23-0.630.730.97-0.650.41-0.530.380.360.770.04
0.260.40.090.180.360.36-0.170.550.120.540.580.1-0.240.45-0.05-0.190.260.41-0.210.06-0.510.380.020.55-0.07
0.840.770.870.890.360.260.760.040.97-0.14-0.050.36-0.80.60.6-0.30.840.26-0.820.99-0.080.360.02-0.09-0.22
0.440.480.180.290.720.67-0.370.80.140.990.940.6-0.40.68-0.1-0.570.410.79-0.37-0.02-0.670.770.55-0.090.24
-0.15-0.23-0.17-0.18-0.02-0.14-0.1-0.13-0.210.270.05-0.070.06-0.12-0.2-0.22-0.170.020.05-0.21-0.360.04-0.07-0.220.24
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R Systems Account Relationship Matchups

R Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.5B6.9B8.3B13.1B13.8B
Short Long Term Debt Total62.1M718.3M577.3M771.2M1.3B1.4B
Other Current Liab582.1M576.5M735.7M1.1B2.2B2.3B
Total Current Liabilities1.2B1.5B1.6B2.0B3.7B3.9B
Total Stockholder Equity3.4B4.3B4.6B5.5B6.1B3.3B
Property Plant And Equipment Net455.6M942.3M1.1B1.4B1.2B650.6M
Net Debt(1.0B)(1.4B)(1.5B)(1.3B)(261.7M)(274.8M)
Cash1.1B2.1B2.0B2.1B1.6B1.4B
Non Current Assets Total1.0B1.4B1.6B2.0B6.9B7.2B
Non Currrent Assets Other940.3M1.3B829.0M1.5B434.2M450.3M
Cash And Short Term Investments1.8B3.2B2.7B3.4B1.9B1.7B
Net Receivables1.6B1.5B2.3B3.3B3.2B1.7B
Common Stock Shares Outstanding120.6M119.6M119.3M118.3M106.5M100.1M
Liabilities And Stockholders Equity4.9B6.5B6.9B8.3B13.1B13.8B
Non Current Liabilities Total307.8M730.6M684.7M896.1M942.1M989.2M
Other Current Assets225.4M257.2M310.7M357.8M1.2B1.3B
Other Stockholder Equity44.4M542.1M309.4M30K1.00.95
Total Liab1.5B2.2B2.3B2.9B4.6B4.9B
Total Current Assets3.9B5.1B5.4B6.3B6.3B3.6B
Accumulated Other Comprehensive Income421.4M495.4M309.4M540.0M609.1M639.5M
Common Stock123.3M119.6M119.6M118.3M106.5M99.0M
Intangible Assets66.6M49.1M39.2M31.4M2.2B2.3B
Accounts Payable253.4M216.5M360.8M355.9M370.8M309.4M
Retained Earnings2.8B3.6B4.2B4.8B5.4B2.7B
Long Term Debt8.1M83.6M6.5M13.2M16.9M15.9M
Good Will195.9M97.2M97.5M108.6M2.8B3.0B
Short Term Investments740.7M1.1B686.2M1.3B249.4M449.2M
Short Long Term Debt5.1M146.6M4.2M7.2M562.2M590.4M
Short Term Debt9M209.4M90.0M91.9M663.7M696.9M
Current Deferred Revenue975.4M1.1B1.2B398.6M312.6M586.8M
Other Liab254.7M221.6M197.4M216.7M249.2M193.3M
Net Tangible Assets3.1B4.1B4.5B5.3B6.1B3.7B
Other Assets240.3M298.6M298.1M328.8M378.1M270.4M
Long Term Debt Total53.1M83.6M6.5M679.3M781.2M820.3M
Property Plant Equipment477.5M962.7M1.1B1.4B1.6B1.7B
Capital Lease Obligations48.9M488.2M566.7M750.8M732.6M769.2M

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Other Information on Investing in RSYSTEMS Stock

Balance Sheet is a snapshot of the financial position of R Systems International at a specified time, usually calculated after every quarter, six months, or one year. R Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of R Systems 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 RSYSTEMS currently owns. An asset can also be divided into two categories, current and non-current.