ROPEOK Total Assets vs Depreciation And Amortization 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 Total Assets and its Depreciation And Amortization 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.

Total Assets vs Depreciation And Amortization

Total Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROPEOK Technology Total Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between ROPEOK Technology's Total Assets and Depreciation And Amortization is 0.73. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Depreciation And Amortization 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 Total Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of ROPEOK Technology Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Assets i.e., ROPEOK Technology's Total Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of ROPEOK Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ROPEOK Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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

Currently Active Assets on Macroaxis

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.