Rocky Deferred Long Term Liab vs Long Term Debt Analysis

RCKY Stock  USD 23.18  0.11  0.48%   
Rocky Brands financial indicator trend analysis is much more than just breaking down Rocky Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocky Brands is a good investment. Please check the relationship between Rocky Brands Deferred Long Term Liab and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.

Deferred Long Term Liab vs Long Term Debt

Deferred Long Term Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocky Brands Deferred Long Term Liab account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Rocky Brands' Deferred Long Term Liab and Long Term Debt is -0.66. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Rocky Brands, assuming nothing else is changed. The correlation between historical values of Rocky Brands' Deferred Long Term Liab and Long Term 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 Deferred Long Term Liab of Rocky Brands are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Rocky Brands' Deferred Long Term Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Long Term Debt

Long-term debt is a debt that Rocky Brands has held for over one year. Long-term debt appears on Rocky Brands balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Rocky Brands balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Rocky Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocky Brands 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 Rocky Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.At this time, Rocky Brands' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 59.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense10.6M18.3M21.2M20.2M
Depreciation And Amortization11.3M12.3M10.9M5.5M

Rocky Brands fundamental ratios Correlations

0.960.890.950.840.990.950.890.940.010.99-0.390.010.860.280.960.990.160.970.760.99-0.330.640.39-0.160.44
0.960.810.930.660.931.00.750.94-0.190.97-0.42-0.190.80.081.00.960.110.990.70.93-0.260.520.21-0.110.32
0.890.810.830.840.910.780.890.790.230.87-0.40.230.740.290.810.880.190.830.720.89-0.380.670.39-0.190.41
0.950.930.830.70.930.920.80.990.070.93-0.310.070.880.130.930.940.220.970.620.96-0.440.50.2-0.220.44
0.840.660.840.70.880.630.960.660.310.81-0.280.310.690.610.670.810.180.690.770.84-0.330.740.69-0.180.54
0.990.930.910.930.880.910.920.910.080.98-0.370.080.840.320.940.980.160.950.790.98-0.350.680.43-0.160.49
0.951.00.780.920.630.910.720.92-0.260.96-0.42-0.260.780.061.00.950.090.990.690.92-0.230.50.19-0.090.3
0.890.750.890.80.960.920.720.750.310.88-0.30.310.680.390.750.860.260.780.840.88-0.490.620.5-0.260.58
0.940.940.790.990.660.910.920.75-0.010.91-0.280.00.90.150.940.940.190.970.590.95-0.380.510.21-0.190.42
0.01-0.190.230.070.310.08-0.260.31-0.01-0.070.011.00.080.26-0.19-0.030.13-0.12-0.030.07-0.410.140.13-0.130.21
0.990.970.870.930.810.980.960.880.91-0.07-0.36-0.070.790.190.970.980.160.970.830.96-0.340.590.34-0.160.44
-0.39-0.42-0.4-0.31-0.28-0.37-0.42-0.3-0.280.01-0.360.01-0.34-0.14-0.43-0.47-0.07-0.40.0-0.410.13-0.17-0.120.07-0.09
0.01-0.190.230.070.310.08-0.260.310.01.0-0.070.010.080.26-0.19-0.030.13-0.12-0.030.07-0.410.140.13-0.130.21
0.860.80.740.880.690.840.780.680.90.080.79-0.340.080.490.820.870.090.850.410.9-0.190.590.52-0.090.34
0.280.080.290.130.610.320.060.390.150.260.19-0.140.260.490.120.29-0.090.120.110.360.230.660.940.090.19
0.961.00.810.930.670.941.00.750.94-0.190.97-0.43-0.190.820.120.970.10.990.690.94-0.240.550.24-0.10.32
0.990.960.880.940.810.980.950.860.94-0.030.98-0.47-0.030.870.290.970.160.980.70.99-0.30.630.39-0.160.42
0.160.110.190.220.180.160.090.260.190.130.16-0.070.130.09-0.090.10.160.130.140.15-0.41-0.09-0.07-1.00.38
0.970.990.830.970.690.950.990.780.97-0.120.97-0.4-0.120.850.120.990.980.130.680.96-0.30.540.23-0.130.36
0.760.70.720.620.770.790.690.840.59-0.030.830.0-0.030.410.110.690.70.140.680.68-0.320.490.34-0.140.41
0.990.930.890.960.840.980.920.880.950.070.96-0.410.070.90.360.940.990.150.960.68-0.310.670.43-0.150.43
-0.33-0.26-0.38-0.44-0.33-0.35-0.23-0.49-0.38-0.41-0.340.13-0.41-0.190.23-0.24-0.3-0.41-0.3-0.32-0.310.210.20.41-0.71
0.640.520.670.50.740.680.50.620.510.140.59-0.170.140.590.660.550.63-0.090.540.490.670.210.650.090.22
0.390.210.390.20.690.430.190.50.210.130.34-0.120.130.520.940.240.39-0.070.230.340.430.20.650.070.23
-0.16-0.11-0.19-0.22-0.18-0.16-0.09-0.26-0.19-0.13-0.160.07-0.13-0.090.09-0.1-0.16-1.0-0.13-0.14-0.150.410.090.07-0.38
0.440.320.410.440.540.490.30.580.420.210.44-0.090.210.340.190.320.420.380.360.410.43-0.710.220.23-0.38
Click cells to compare fundamentals

Rocky Brands Account Relationship Matchups

Rocky Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets205.8M229.1M624.6M582.4M479.4M503.4M
Other Current Liab10.4M11.8M15.2M17.8M14.6M15.3M
Total Current Liabilities31.5M40.0M140.1M96.3M71.5M75.1M
Total Stockholder Equity164.7M179.5M197.9M215.5M223.6M234.7M
Property Plant And Equipment Net29.2M35.3M71.4M68.4M59.8M62.8M
Net Debt(14.4M)(27.4M)272.9M259.4M176.7M185.6M
Retained Earnings96.7M113.5M129.8M145.7M151.6M159.2M
Accounts Payable15.8M20.1M114.6M69.7M49.8M52.3M
Cash15.5M28.4M5.9M5.7M4.5M5.3M
Non Current Assets Total59.7M65.9M249.3M241.3M221.2M232.3M
Non Currrent Assets Other294K374K917K(7.1M)965K916.8K
Cash And Short Term Investments15.5M28.4M5.9M5.7M4.5M5.4M
Net Receivables50.8M53.5M132.4M95.9M81.1M44.9M
Common Stock Shares Outstanding7.4M7.3M7.4M7.4M7.4M6.2M
Liabilities And Stockholders Equity205.8M229.1M624.6M582.4M479.4M503.4M
Non Current Liabilities Total9.6M9.6M286.6M270.6M184.3M193.5M
Inventory76.7M77.6M232.5M235.4M169.2M177.7M
Other Stockholder Equity55.7M56.5M0.069.8M62.8M65.9M
Total Liab41.2M49.6M426.7M366.9M255.8M268.6M
Property Plant And Equipment Gross29.2M35.3M60.0M57.4M129.2M135.7M
Total Current Assets146.1M163.2M375.3M341.0M258.2M271.1M
Short Term Debt586K629K6.2M6.3M5.3M6.4M
Other Current Assets3.0M3.7M4.5M4.1M3.4M4.8M
Common Stock Total Equity68.0M66.0M68.1M69.8M80.2M63.4M
Common Stock68.0M66.0M68.1M69.8M72.0M68.4M
Other Liab8.5M8.7M11.0M8.8M10.1M10.6M
Other Assets294K1.9M917K942K847.8K1.0M
Intangible Assets30.2M30.2M126.3M121.8M112.6M118.2M
Property Plant Equipment27.4M35.3M71.4M57.4M66.0M69.3M
Current Deferred Revenue4.7M5.6M1.1M8.0M927K880.7K
Net Tangible Assets134.4M149.3M20.9M215.5M247.8M260.2M
Retained Earnings Total Equity96.7M113.5M129.8M145.7M167.6M92.6M
Deferred Long Term Liab8.1M109K10.3M8.0M7.2M7.7M
Non Current Liabilities Other290K1.5M9.0M9.0M10.3M10.8M

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