TROW Other Assets vs Good Will Analysis

TROW Stock  USD 118.18  0.66  0.56%   
T Rowe financial indicator trend analysis is much more than just breaking down T Rowe Price prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether T Rowe Price is a good investment. Please check the relationship between T Rowe Other Assets and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of T Rowe Price Other Assets account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between T Rowe's Other Assets and Good Will is 0.89. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of T Rowe Price, assuming nothing else is changed. The correlation between historical values of T Rowe's Other Assets 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 Other Assets of T Rowe Price 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 Other Assets i.e., T Rowe's Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

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 T Rowe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into T Rowe Price 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 World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, T Rowe's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.44 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.7B6.5B6.5B6.8B
Tax Provision896.1M498.6M654.6M348.2M

T Rowe fundamental ratios Correlations

0.830.99-0.730.99-0.170.92-0.090.390.950.7-0.560.720.870.970.850.940.460.22-0.010.780.480.860.740.760.91
0.830.87-0.480.880.050.760.110.240.90.31-0.490.920.70.730.620.740.110.23-0.320.60.220.880.460.850.99
0.990.87-0.760.99-0.050.87-0.060.380.980.66-0.530.730.90.950.80.950.430.33-0.040.740.420.850.750.740.93
-0.73-0.48-0.76-0.72-0.15-0.450.09-0.25-0.73-0.560.09-0.26-0.95-0.71-0.48-0.91-0.49-0.58-0.34-0.44-0.12-0.4-0.93-0.18-0.55
0.990.880.99-0.72-0.110.9-0.080.390.970.64-0.520.770.880.940.830.930.410.24-0.060.740.40.870.720.770.94
-0.170.05-0.05-0.15-0.11-0.410.17-0.130.05-0.370.22-0.090.08-0.17-0.370.0-0.040.73-0.09-0.38-0.33-0.2-0.13-0.24-0.02
0.920.760.87-0.450.9-0.41-0.110.320.830.72-0.670.720.650.910.860.760.36-0.07-0.060.810.630.850.540.860.83
-0.090.11-0.060.09-0.080.17-0.110.05-0.04-0.15-0.140.11-0.1-0.03-0.3-0.08-0.230.10.040.070.20.01-0.130.150.06
0.390.240.38-0.250.39-0.130.320.050.320.36-0.170.20.270.360.630.310.410.03-0.040.390.090.390.240.220.31
0.950.90.98-0.730.970.050.83-0.040.320.62-0.460.720.870.90.730.910.440.42-0.070.740.350.830.720.730.94
0.70.310.66-0.560.64-0.370.72-0.150.360.62-0.370.10.560.770.620.650.680.230.20.840.60.510.70.390.42
-0.56-0.49-0.530.09-0.520.22-0.67-0.14-0.17-0.46-0.37-0.6-0.25-0.66-0.48-0.39-0.160.080.34-0.59-0.84-0.66-0.14-0.8-0.54
0.720.920.73-0.260.77-0.090.720.110.20.720.1-0.60.520.620.590.57-0.08-0.08-0.410.450.240.840.240.890.91
0.870.70.9-0.950.880.080.65-0.10.270.870.56-0.250.520.830.640.980.420.450.210.530.20.60.890.440.76
0.970.730.95-0.710.94-0.170.91-0.030.360.90.77-0.660.620.830.810.920.530.260.090.80.650.790.740.730.82
0.850.620.8-0.480.83-0.370.86-0.30.630.730.62-0.480.590.640.810.720.45-0.090.080.630.420.690.540.620.71
0.940.740.95-0.910.930.00.76-0.080.310.910.65-0.390.570.980.920.720.470.410.180.640.360.690.870.550.81
0.460.110.43-0.490.41-0.040.36-0.230.410.440.68-0.16-0.080.420.530.450.470.410.30.550.330.220.520.040.21
0.220.230.33-0.580.240.73-0.070.10.030.420.230.08-0.080.450.26-0.090.410.410.070.18-0.060.040.46-0.110.21
-0.01-0.32-0.04-0.34-0.06-0.09-0.060.04-0.04-0.070.20.34-0.410.210.090.080.180.30.07-0.140.1-0.480.33-0.45-0.27
0.780.60.74-0.440.74-0.380.810.070.390.740.84-0.590.450.530.80.630.640.550.18-0.140.610.760.60.70.67
0.480.220.42-0.120.4-0.330.630.20.090.350.6-0.840.240.20.650.420.360.33-0.060.10.610.40.230.570.3
0.860.880.85-0.40.87-0.20.850.010.390.830.51-0.660.840.60.790.690.690.220.04-0.480.760.40.430.920.91
0.740.460.75-0.930.72-0.130.54-0.130.240.720.7-0.140.240.890.740.540.870.520.460.330.60.230.430.240.53
0.760.850.74-0.180.77-0.240.860.150.220.730.39-0.80.890.440.730.620.550.04-0.11-0.450.70.570.920.240.87
0.910.990.93-0.550.94-0.020.830.060.310.940.42-0.540.910.760.820.710.810.210.21-0.270.670.30.910.530.87
Click cells to compare fundamentals

T Rowe Account Relationship Matchups

T Rowe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.7B12.5B11.6B12.3B12.9B
Total Stockholder Equity7.1B7.7B9.0B8.8B9.5B10.0B
Net Debt(1.6B)(2.0B)(1.3B)(1.4B)(1.7B)(1.6B)
Retained Earnings6.4B7.0B8.1B8.4B9.1B9.5B
Common Stock Shares Outstanding238.6M231.2M228.8M227.1M224.8M274.9M
Liabilities And Stockholders Equity9.3B10.7B12.5B11.6B12.3B12.9B
Non Current Liabilities Total1.1B1.4B2.3B2.0B1.6B1.7B
Total Liab1.1B1.4B2.3B2.0B2.0B2.1B
Property Plant And Equipment Net785.2M813M937.4M1.0B1.0B1.1B
Non Current Assets Total6.9B7.6B9.9B9.1B4.2B2.5B
Non Currrent Assets Other201.1M(84.5M)(12.1B)895.7M(4.5B)(4.3B)
Other Assets202.6M219.2M2.4B2.2B5.2B5.5B
Cash And Short Term Investments1.8B2.2B1.5B1.8B2.1B2.2B
Net Receivables646.6M863.1M1.1B748.7M807.9M848.3M
Total Current Assets2.4B3.0B2.6B2.5B2.9B3.0B
Common Stock47M45.6M45.8M44.9M44.8M46.9M
Other Current Liab31.8M993.3M(181.8M)(77.1M)(173.3M)(164.6M)
Total Current Liabilities246.3M272.7M508.9M452.7M374.7M217.5M
Other Liab39.2M618.1M1.4B184.9M212.6M194.4M
Accounts Payable214.5M100.2M431M406.7M409.5M430.0M
Cash1.8B2.2B1.5B1.8B2.1B1.2B
Accumulated Other Comprehensive Income(43M)(23M)(26.5M)(53M)(47.5M)(45.1M)
Property Plant Equipment674.4M695.4M937.4M1.0B1.2B1.2B
Common Stock Total Equity47M45.6M45.8M44.9M51.6M48.6M
Property Plant And Equipment Gross785.2M813M937.4M1.0B2.7B2.9B
Net Tangible Assets7.6B8.6B5.4B6.2B7.2B5.6B
Retained Earnings Total Equity6.4B7.0B8.1B8.4B9.7B5.1B
Long Term Investments2.9B3.3B4.9B4.1B3.7B2.6B
Non Current Liabilities Other748.9M984M2.3B2.0B962.6M836.3M
Warrants1.1B1.6B982.3M656.7M755.2M1.1B

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