Reinsurance Property Plant And Equipment Net vs Accounts Payable Analysis
RZB Stock | USD 24.98 0.02 0.08% |
Reinsurance Group financial indicator trend analysis is much more than just breaking down Reinsurance Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reinsurance Group is a good investment. Please check the relationship between Reinsurance Group Property Plant And Equipment Net and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reinsurance Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Property Plant And Equipment Net vs Accounts Payable
Property Plant And Equipment Net vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reinsurance Group Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Reinsurance Group's Property Plant And Equipment Net and Accounts Payable is 0.08. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Reinsurance Group of, assuming nothing else is changed. The correlation between historical values of Reinsurance Group's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Reinsurance Group of 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 Property Plant And Equipment Net i.e., Reinsurance Group's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents Reinsurance Group 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 Reinsurance Group 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 Reinsurance Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reinsurance Group 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 Reinsurance Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Reinsurance Group's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.87, whereas Selling General Administrative is forecasted to decline to about 455 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 15.7B | 15.2B | 17.2B | 18.1B | Total Revenue | 16.7B | 16.3B | 18.3B | 19.3B |
Reinsurance Group fundamental ratios Correlations
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Reinsurance Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reinsurance Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 76.7B | 84.7B | 92.2B | 84.7B | 97.6B | 102.5B | |
Short Long Term Debt Total | 3.9B | 3.6B | 4.4B | 4.2B | 4.4B | 3.0B | |
Total Stockholder Equity | 11.6B | 14.4B | 13.0B | 4.1B | 9.1B | 5.0B | |
Net Debt | 2.1B | 553M | 899M | 1.4B | 1.5B | 1.9B | |
Retained Earnings | 8.0B | 8.1B | 8.6B | 9.0B | 8.8B | 9.2B | |
Net Receivables | 3.8B | 3.8B | 5.5B | 5.5B | 5.4B | 5.7B | |
Common Stock Shares Outstanding | 63.9M | 65.8M | 68.3M | 67.7M | 67.1M | 64.9M | |
Liabilities And Stockholders Equity | 76.7B | 84.7B | 92.2B | 84.7B | 97.6B | 102.5B | |
Non Current Liabilities Total | 6.3B | 7.2B | 6.7B | 4.0B | 88.5B | 92.9B | |
Other Stockholder Equity | 511M | 844M | 808M | 782M | 644M | 914.8M | |
Total Liab | 6.3B | 70.3B | 6.7B | 80.5B | 88.5B | 92.9B | |
Total Current Assets | 56.5B | 64.2B | 69.3B | 55.8B | 3.0B | 2.8B | |
Other Current Liab | (557M) | (400M) | (613M) | (1.5B) | (5.4B) | (5.2B) | |
Total Current Liabilities | 52.6B | 557M | 400M | 613M | (4.3B) | (4.1B) | |
Cash | 1.4B | 3.4B | 2.9B | 2.9B | 3.0B | 3.1B | |
Non Current Assets Total | 52.0B | 57.6B | 61.5B | 736M | 83.1B | 87.3B | |
Non Currrent Assets Other | (2.7B) | (3.3B) | (2.9B) | (56.0B) | 63.6B | 66.8B | |
Other Assets | (31.7B) | (37.1B) | (38.5B) | 28.1B | 11.5B | 13.7B | |
Cash And Short Term Investments | 52.6B | 60.4B | 63.8B | 56.0B | 3.0B | 2.8B | |
Short Term Investments | 51.2B | 57.0B | 60.8B | 53.1B | 9.1B | 17.4B | |
Accumulated Other Comprehensive Income | 3.1B | 5.4B | 3.6B | (5.6B) | (369M) | (350.6M) | |
Accounts Payable | 557M | 598M | 613M | 756M | 1.1B | 802.7M | |
Other Current Assets | 6.2B | 8.4B | 8.1B | (5.6B) | 9.1B | 6.7B | |
Net Tangible Assets | 11.6B | 14.4B | 13.0B | 4.1B | 4.8B | 9.4B | |
Property Plant And Equipment Net | 248.7M | 244M | 260M | 270M | (11.3B) | (10.7B) | |
Long Term Debt | 3.5B | 3.6B | 4.0B | 3.8B | 4.6B | 3.8B | |
Retained Earnings Total Equity | 8.0B | 8.1B | 8.6B | 9.0B | 10.3B | 6.9B | |
Long Term Debt Total | 3.5B | 3.6B | 4.0B | 3.8B | 4.6B | 3.8B | |
Capital Surpluse | 1.9B | 2.4B | 2.5B | 2.5B | 2.9B | 2.2B | |
Deferred Long Term Liab | 2.7B | 3.3B | 2.9B | 736M | 662.4M | 629.3M | |
Long Term Investments | 67.0B | 72.9B | 79.1B | 71.1B | 81.8B | 58.7B | |
Treasury Stock | (1.4B) | (1.6B) | (1.7B) | (1.7B) | (1.5B) | (1.6B) | |
Non Current Liabilities Other | 58.8B | 63.1B | 72.4B | 75.8B | 87.1B | 53.5B | |
Intangible Assets | 223M | 206M | 186M | 164M | 11M | 10.5M | |
Other Liab | 54.3B | 58.4B | 66.9B | 68.7B | 79.0B | 53.4B | |
Property Plant Equipment | 296M | 291M | 284M | 134M | 154.1M | 241.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Reinsurance Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reinsurance Group'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 Reinsurance Group Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reinsurance Group Of Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reinsurance Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Reinsurance 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 Reinsurance Group. If investors know Reinsurance 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 Reinsurance Group 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 (0.46) | Dividend Share 3.44 | Earnings Share 6.093 | Revenue Per Share 329.91 | Quarterly Revenue Growth 0.097 |
The market value of Reinsurance Group is measured differently than its book value, which is the value of Reinsurance that is recorded on the company's balance sheet. Investors also form their own opinion of Reinsurance Group's value that differs from its market value or its book value, called intrinsic value, which is Reinsurance Group'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 Reinsurance Group's market value can be influenced by many factors that don't directly affect Reinsurance Group'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 Reinsurance Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reinsurance Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reinsurance Group'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.