ROPEOK Non Current Assets Total vs Non Current Liabilities Total Analysis

688619 Stock   9.51  0.19  2.04%   
ROPEOK Technology financial indicator trend analysis is much more than just breaking down ROPEOK Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ROPEOK Technology is a good investment. Please check the relationship between ROPEOK Technology Non Current Assets Total and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ROPEOK Technology Group. 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.

Non Current Assets Total vs Non Current Liabilities Total

Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROPEOK Technology Non Current Assets Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ROPEOK Technology's Non Current Assets Total and Non Current Liabilities Total is 0.89. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of ROPEOK Technology Group, assuming nothing else is changed. The correlation between historical values of ROPEOK Technology's Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ROPEOK Technology Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., ROPEOK Technology's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Current Liabilities Total

Most indicators from ROPEOK Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ROPEOK Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ROPEOK Technology Group. 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.
The current year's Selling General Administrative is expected to grow to about 79 M, whereas Tax Provision is projected to grow to (8.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense3.8M3.8M12.6M13.3M
Depreciation And Amortization8.7M33.4M38.4M20.0M

ROPEOK Technology fundamental ratios Correlations

0.530.980.990.66-0.270.380.930.820.920.680.89-0.390.870.830.890.430.910.980.990.960.970.730.720.840.95
0.530.570.51-0.08-0.440.860.660.460.30.860.490.380.110.060.64-0.210.170.550.60.480.470.190.190.690.33
0.980.570.940.62-0.180.390.920.760.910.690.82-0.40.810.840.870.30.851.00.960.890.980.760.750.850.88
0.990.510.940.65-0.330.370.920.840.890.670.92-0.360.870.790.880.490.910.940.980.980.930.680.660.820.97
0.66-0.080.620.650.43-0.40.380.240.830.050.36-0.740.840.850.70.680.850.640.550.660.680.850.840.450.78
-0.27-0.44-0.18-0.330.43-0.76-0.52-0.720.08-0.49-0.65-0.35-0.010.14-0.070.09-0.07-0.16-0.41-0.3-0.10.410.43-0.33-0.21
0.380.860.390.37-0.4-0.760.610.590.070.820.550.47-0.06-0.090.29-0.350.010.370.490.360.26-0.17-0.170.560.17
0.930.660.920.920.38-0.520.610.920.720.790.94-0.260.650.680.780.150.760.910.970.880.860.450.450.880.82
0.820.460.760.840.24-0.720.590.920.580.630.99-0.240.620.580.570.250.710.750.890.80.710.240.230.750.78
0.920.30.910.890.830.080.070.720.580.50.68-0.480.940.890.830.540.90.920.840.890.950.920.910.640.91
0.680.860.690.670.05-0.490.820.790.630.50.670.250.280.290.62-0.220.350.680.720.710.620.270.270.670.48
0.890.490.820.920.36-0.650.550.940.990.680.67-0.260.710.640.670.340.790.820.940.890.780.370.350.780.86
-0.390.38-0.4-0.36-0.74-0.350.47-0.26-0.24-0.480.25-0.26-0.55-0.8-0.28-0.4-0.69-0.42-0.33-0.33-0.41-0.45-0.45-0.36-0.51
0.870.110.810.870.84-0.01-0.060.650.620.940.280.71-0.550.870.750.760.940.820.80.840.870.840.820.570.94
0.830.060.840.790.850.14-0.090.680.580.890.290.64-0.80.870.670.450.930.850.760.780.860.780.780.650.85
0.890.640.870.880.7-0.070.290.780.570.830.620.67-0.280.750.670.440.80.860.870.850.850.740.740.820.86
0.43-0.210.30.490.680.09-0.350.150.250.54-0.220.34-0.40.760.450.440.620.320.360.440.380.550.520.20.65
0.910.170.850.910.85-0.070.010.760.710.90.350.79-0.690.940.930.80.620.860.860.890.870.740.720.720.97
0.980.551.00.940.64-0.160.370.910.750.920.680.82-0.420.820.850.860.320.860.950.90.980.770.770.840.89
0.990.60.960.980.55-0.410.490.970.890.840.720.94-0.330.80.760.870.360.860.950.950.920.610.60.880.93
0.960.480.890.980.66-0.30.360.880.80.890.710.89-0.330.840.780.850.440.890.90.950.890.650.640.780.95
0.970.470.980.930.68-0.10.260.860.710.950.620.78-0.410.870.860.850.380.870.980.920.890.830.830.740.89
0.730.190.760.680.850.41-0.170.450.240.920.270.37-0.450.840.780.740.550.740.770.610.650.831.00.440.73
0.720.190.750.660.840.43-0.170.450.230.910.270.35-0.450.820.780.740.520.720.770.60.640.831.00.440.71
0.840.690.850.820.45-0.330.560.880.750.640.670.78-0.360.570.650.820.20.720.840.880.780.740.440.440.77
0.950.330.880.970.78-0.210.170.820.780.910.480.86-0.510.940.850.860.650.970.890.930.950.890.730.710.77
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ROPEOK Technology Account Relationship Matchups

ROPEOK Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets948.1M1.3B2.3B2.0B1.9B1.5B
Other Current Liab86.0M184.1M157.3M142.8M14.0M13.3M
Total Current Liabilities440.3M605.1M742.2M651.9M692.5M540.6M
Total Stockholder Equity468.1M626.6M1.5B1.3B1.1B872.3M
Property Plant And Equipment Net15.9M17.5M25.4M285.4M270.3M283.8M
Net Debt(20.7M)(32.9M)(709.3M)69.5M95.0M99.8M
Retained Earnings92.2M234.6M298.3M87.5M(28.8M)(27.4M)
Accounts Payable229.3M273.5M513.0M274.9M235.3M264.6M
Cash145.6M180.4M786.3M184.0M298.9M279.5M
Non Current Assets Total243.9M263.5M393.4M627.6M692.1M382.5M
Non Currrent Assets Other213.1M226.0M327.5M266.8M19.4M18.5M
Cash And Short Term Investments145.6M180.4M786.3M302.4M347.7M293.0M
Liabilities And Stockholders Equity948.1M1.3B2.3B2.0B2.3B1.4B
Non Current Liabilities Total27.8M23.6M40.0M43.6M74.6M78.4M
Inventory70.0M101.6M112.0M151.4M98.0M98.8M
Other Current Assets100.8M153.3M216.7M256.4M301.6M220.1M
Other Stockholder Equity235.4M251.5M1.0B1.0B1.2B1.2B
Total Liab468.1M628.8M782.2M695.5M767.1M576.9M
Total Current Assets704.2M1.0B1.9B1.4B1.2B1.1B
Intangible Assets3.5M3.5M9.5M9.2M6.4M5.9M
Short Long Term Debt Total125.0M147.6M77.1M253.5M291.5M147.6M
Short Term Debt125.0M147.6M71.9M234.3M269.4M142.2M

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Other Information on Investing in ROPEOK Stock

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