Rentokil Capital Surpluse vs Net Debt Analysis

RTO Stock

USD 25.90 0.28 1.09%

Rentokil Initial financial indicator trend analysis is much more than just breaking down Rentokil Initial PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rentokil Initial PLC is a good investment. Please check the relationship between Rentokil Initial Capital Surpluse and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rentokil Initial PLC. 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.

Capital Surpluse vs Net Debt

Capital Surpluse vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rentokil Initial PLC Capital Surpluse account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Rentokil Initial's Capital Surpluse and Net Debt is 0.83. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Debt in the same time period over historical financial statements of Rentokil Initial PLC, assuming nothing else is changed. The correlation between historical values of Rentokil Initial's Capital Surpluse and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Rentokil Initial PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Surpluse i.e., Rentokil Initial's Capital Surpluse and Net Debt go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Surpluse

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Rentokil Initial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rentokil Initial PLC 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 Rentokil Initial PLC. 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 22nd of November 2024, Tax Provision is likely to grow to about 117.6 M, while Selling General Administrative is likely to drop about 1.1 B.

	2021	2022	2023	2024 (projected)
Interest Expense	33.3M	74M	189M	198.5M
Depreciation And Amortization	326.5M	386M	475M	498.8M

Interest Expense Depreciation And Amortization

Rentokil Initial 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue	Other Current Assets	Net Receivables	Good Will
Total Assets		0.99	0.49	0.91	0.98	0.73	0.96	0.99	0.14	0.88	0.99	-0.46	0.86	0.38	0.98	0.97	0.45	0.99	0.93	0.84	0.52	0.79	0.71	-0.49	0.97	0.99
Short Long Term Debt Total	0.99		0.47	0.95	0.95	0.77	0.95	0.96	0.18	0.92	0.97	-0.5	0.91	0.35	0.97	0.96	0.48	1.0	0.96	0.89	0.52	0.81	0.73	-0.47	0.96	0.96
Other Current Liab	0.49	0.47		0.52	0.49	0.49	0.42	0.54	-0.32	0.47	0.46	-0.54	0.45	0.21	0.39	0.56	-0.09	0.48	0.48	0.41	0.41	0.55	0.18	-0.78	0.44	0.48
Total Current Liabilities	0.91	0.95	0.52		0.85	0.75	0.83	0.88	0.11	0.96	0.86	-0.51	0.96	0.3	0.85	0.92	0.5	0.94	0.98	0.96	0.42	0.76	0.76	-0.52	0.9	0.86
Total Stockholder Equity	0.98	0.95	0.49	0.85		0.63	0.93	0.97	0.04	0.83	0.99	-0.41	0.8	0.4	0.95	0.95	0.44	0.95	0.87	0.77	0.51	0.75	0.68	-0.48	0.95	0.99
Property Plant And Equipment Net	0.73	0.77	0.49	0.75	0.63		0.75	0.73	0.45	0.69	0.7	-0.51	0.69	0.53	0.76	0.73	0.29	0.78	0.75	0.67	0.63	0.69	0.55	-0.52	0.75	0.68
Net Debt	0.96	0.95	0.42	0.83	0.93	0.75		0.96	0.3	0.76	0.97	-0.34	0.74	0.35	0.98	0.92	0.34	0.96	0.84	0.73	0.47	0.71	0.65	-0.41	0.94	0.96
Retained Earnings	0.99	0.96	0.54	0.88	0.97	0.73	0.96		0.13	0.82	0.98	-0.38	0.8	0.36	0.96	0.98	0.37	0.97	0.88	0.78	0.45	0.72	0.69	-0.56	0.97	0.98
Accounts Payable	0.14	0.18	-0.32	0.11	0.04	0.45	0.3	0.13		0.01	0.17	0.06	0.03	0.12	0.28	0.07	-0.16	0.21	0.09	0.03	0.16	0.07	0.11	0.19	0.25	0.12
Cash	0.88	0.92	0.47	0.96	0.83	0.69	0.76	0.82	0.01		0.83	-0.63	0.99	0.31	0.83	0.86	0.59	0.9	0.98	0.97	0.5	0.82	0.72	-0.48	0.84	0.83
Non Current Assets Total	0.99	0.97	0.46	0.86	0.99	0.7	0.97	0.98	0.17	0.83		-0.41	0.8	0.39	0.98	0.96	0.42	0.97	0.87	0.78	0.51	0.76	0.69	-0.47	0.97	1.0
Non Currrent Assets Other	-0.46	-0.5	-0.54	-0.51	-0.41	-0.51	-0.34	-0.38	0.06	-0.63	-0.41		-0.61	-0.12	-0.43	-0.43	-0.36	-0.48	-0.56	-0.53	-0.69	-0.9	-0.4	0.32	-0.38	-0.42
Cash And Short Term Investments	0.86	0.91	0.45	0.96	0.8	0.69	0.74	0.8	0.03	0.99	0.8	-0.61		0.3	0.81	0.84	0.61	0.89	0.98	0.98	0.48	0.8	0.71	-0.45	0.82	0.8
Common Stock Shares Outstanding	0.38	0.35	0.21	0.3	0.4	0.53	0.35	0.36	0.12	0.31	0.39	-0.12	0.3		0.37	0.34	0.23	0.35	0.31	0.29	0.73	0.27	0.26	-0.11	0.35	0.4
Non Current Liabilities Total	0.98	0.97	0.39	0.85	0.95	0.76	0.98	0.96	0.28	0.83	0.98	-0.43	0.81	0.37		0.93	0.42	0.98	0.88	0.78	0.53	0.78	0.66	-0.42	0.96	0.97
Inventory	0.97	0.96	0.56	0.92	0.95	0.73	0.92	0.98	0.07	0.86	0.96	-0.43	0.84	0.34	0.93		0.44	0.96	0.92	0.83	0.42	0.74	0.78	-0.56	0.96	0.96
Other Stockholder Equity	0.45	0.48	-0.09	0.5	0.44	0.29	0.34	0.37	-0.16	0.59	0.42	-0.36	0.61	0.23	0.42	0.44		0.44	0.54	0.62	0.28	0.47	0.59	-0.1	0.42	0.44
Total Liab	0.99	1.0	0.48	0.94	0.95	0.78	0.96	0.97	0.21	0.9	0.97	-0.48	0.89	0.35	0.98	0.96	0.44		0.95	0.87	0.51	0.79	0.72	-0.49	0.97	0.97
Total Current Assets	0.93	0.96	0.48	0.98	0.87	0.75	0.84	0.88	0.09	0.98	0.87	-0.56	0.98	0.31	0.88	0.92	0.54	0.95		0.97	0.47	0.8	0.75	-0.49	0.89	0.88
Short Term Debt	0.84	0.89	0.41	0.96	0.77	0.67	0.73	0.78	0.03	0.97	0.78	-0.53	0.98	0.29	0.78	0.83	0.62	0.87	0.97		0.41	0.73	0.69	-0.44	0.81	0.79
Common Stock	0.52	0.52	0.41	0.42	0.51	0.63	0.47	0.45	0.16	0.5	0.51	-0.69	0.48	0.73	0.53	0.42	0.28	0.51	0.47	0.41		0.75	0.33	-0.15	0.43	0.52
Intangible Assets	0.79	0.81	0.55	0.76	0.75	0.69	0.71	0.72	0.07	0.82	0.76	-0.9	0.8	0.27	0.78	0.74	0.47	0.79	0.8	0.73	0.75		0.6	-0.39	0.71	0.76
Current Deferred Revenue	0.71	0.73	0.18	0.76	0.68	0.55	0.65	0.69	0.11	0.72	0.69	-0.4	0.71	0.26	0.66	0.78	0.59	0.72	0.75	0.69	0.33	0.6		-0.15	0.71	0.68
Other Current Assets	-0.49	-0.47	-0.78	-0.52	-0.48	-0.52	-0.41	-0.56	0.19	-0.48	-0.47	0.32	-0.45	-0.11	-0.42	-0.56	-0.1	-0.49	-0.49	-0.44	-0.15	-0.39	-0.15		-0.54	-0.48
Net Receivables	0.97	0.96	0.44	0.9	0.95	0.75	0.94	0.97	0.25	0.84	0.97	-0.38	0.82	0.35	0.96	0.96	0.42	0.97	0.89	0.81	0.43	0.71	0.71	-0.54		0.97
Good Will	0.99	0.96	0.48	0.86	0.99	0.68	0.96	0.98	0.12	0.83	1.0	-0.42	0.8	0.4	0.97	0.96	0.44	0.97	0.88	0.79	0.52	0.76	0.68	-0.48	0.97

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Rentokil Initial Account Relationship Matchups

Rentokil Initial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	5.6B	4.3B	11.9B	11.1B	11.7B
Short Long Term Debt Total	2.2B	3.1B	1.9B	5.4B	4.7B	5.0B
Other Current Liab	426.7M	697M	687.1M	954M	627M	455.8M
Total Current Liabilities	1.8B	2.7B	1.4B	2.8B	2.6B	2.7B
Total Stockholder Equity	1.0B	1.1B	1.3B	4.1B	4.1B	4.3B
Property Plant And Equipment Net	612.9M	620.2M	625.6M	949M	951M	522.2M
Net Debt	1.1B	1.2B	1.3B	3.2B	3.2B	3.3B
Retained Earnings	2.8B	3.0B	3.2B	6.3B	6.5B	6.8B
Accounts Payable	187.9M	102.3M	104M	351M	357M	234.0M
Cash	1.2B	1.9B	668.4M	2.2B	1.6B	1.6B
Non Current Assets Total	2.5B	2.7B	3.0B	8.7B	8.4B	8.9B
Non Currrent Assets Other	(1.2B)	(1.5B)	(1.8B)	(4.9B)	336M	352.8M
Cash And Short Term Investments	1.2B	2.1B	670M	2.2B	1.6B	1.7B
Common Stock Shares Outstanding	1.9B	1.9B	1.9B	2.0B	2.5B	1.6B
Liabilities And Stockholders Equity	4.3B	5.6B	4.3B	11.9B	11.1B	11.7B
Non Current Liabilities Total	1.5B	1.7B	1.7B	5.0B	4.5B	4.7B
Inventory	106.5M	131.3M	135.7M	200M	207M	217.4M
Total Liab	3.3B	4.5B	3.1B	7.8B	7.0B	7.4B
Total Current Assets	1.8B	2.8B	1.3B	3.2B	2.7B	2.8B
Short Term Debt	1.0B	1.7B	538M	1.5B	1.3B	1.4B
Intangible Assets	1.7B	1.9B	2.2B	7.3B	2.0B	2.1B
Current Deferred Revenue	144.6M	159.3M	166.3M	259M	254M	266.7M
Other Current Assets	200K	81.2M	8.9M	36M	33M	31.4M
Net Receivables	507.7M	504.6M	527M	830M	880M	924M
Accumulated Other Comprehensive Income	(1.9B)	(1.9B)	(1.9B)	(2.2B)	(2.5B)	(2.6B)
Good Will	1.3B	1.6B	1.8B	5.1B	5.0B	5.3B
Short Term Investments	2.5M	1.7M	172.2M	1.6M	1.2M	1.1M
Other Assets	158.5M	150.2M	173.3M	67M	60.3M	57.3M
Long Term Debt	1.1B	1.3B	1.3B	3.6B	3.2B	1.9B
Long Term Debt Total	1.2B	1.5B	1.4B	3.9B	4.5B	4.7B
Property Plant Equipment	612.9M	620.2M	625.6M	949M	1.1B	636.6M
Net Tangible Assets	(658M)	(779.8M)	(886.3M)	(3.2B)	(2.9B)	(2.7B)
Deferred Long Term Liab	79.1M	80.4M	88.6M	200M	230M	241.5M
Net Invested Capital	2.1B	4.3B	3.0B	9.0B	8.4B	5.3B
Short Long Term Debt	84.6M	1.8B	459.3M	1.4B	1.1B	915.8M
Non Current Liabilities Other	40.1M	47M	1.3M	1M	900K	855K

Pair Trading with Rentokil Initial

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 Rentokil Initial 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 Rentokil Initial will appreciate offsetting losses from the drop in the long position's value.

Moving against Rentokil Stock

0.66	NL	NL Industries	Pair Corr
0.37	BR	Broadridge Financial	Pair Corr

The ability to find closely correlated positions to Rentokil Initial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rentokil Initial 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 Rentokil Initial - 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 Rentokil Initial PLC to buy it.

The correlation of Rentokil Initial 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 Rentokil Initial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rentokil Initial PLC 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 Rentokil Initial 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 Correlation Correlation Matching

When determining whether Rentokil Initial PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rentokil Initial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rentokil Initial Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rentokil Initial Plc Stock:

How To Invest In Rentokil

Details

Is Rentokil Stock a good investment?

Details

What is Rentokil Initial's Net Worth?

Details

Largest Commercial & Professional Services Companies

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Largest Industrials Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rentokil Initial PLC. 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.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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 Rentokil Initial. If investors know Rentokil 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 Rentokil Initial 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

0.06

Dividend Share

0.091

Earnings Share

0.98

Revenue Per Share

10.735

Quarterly Revenue Growth

0.013

The market value of Rentokil Initial PLC is measured differently than its book value, which is the value of Rentokil that is recorded on the company's balance sheet. Investors also form their own opinion of Rentokil Initial's value that differs from its market value or its book value, called intrinsic value, which is Rentokil Initial's 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 Rentokil Initial's market value can be influenced by many factors that don't directly affect Rentokil Initial's 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 Rentokil Initial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rentokil Initial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rentokil Initial's 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.

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Rentokil Capital Surpluse vs Net Debt Analysis

Capital Surpluse vs Net Debt

Capital Surpluse vs Net Debt Correlation Analysis

Correlation Coefficient

Capital Surpluse

Net Debt

Rentokil Initial fundamental ratios Correlations

Rentokil Initial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rentokil Initial fundamental ratios Accounts

Pair Trading with Rentokil Initial

Moving against Rentokil Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Good Will	+ 1.0	Non Current Assets Total
Short Long Term Debt Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Intangible Assets	- 0.9	Non Currrent Assets Other
Other Current Assets	- 0.78	Other Current Liab
Common Stock	- 0.69	Non Currrent Assets Other
Non Currrent Assets Other	- 0.63	Cash
Cash And Short Term Investments	- 0.61	Non Currrent Assets Other
Other Current Assets	- 0.56	Inventory