Rio Net Borrowings vs Stock Based Compensation Analysis

RIO Stock   4,700  8.00  0.17%   
Rio Tinto financial indicator trend analysis is much more than just breaking down Rio Tinto PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rio Tinto PLC is a good investment. Please check the relationship between Rio Tinto Net Borrowings and its Stock Based Compensation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Borrowings vs Stock Based Compensation

Net Borrowings vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rio Tinto PLC Net Borrowings account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
Net BorrowingsStock Based CompensationDiversified AwayNet BorrowingsStock Based CompensationDiversified Away100%
The correlation between Rio Tinto's Net Borrowings and Stock Based Compensation is 0.4. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Rio Tinto PLC, assuming nothing else is changed. The correlation between historical values of Rio Tinto's Net Borrowings and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Rio Tinto PLC are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Borrowings i.e., Rio Tinto's Net Borrowings and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Rio Tinto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rio Tinto PLC 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 Rio Tinto PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Tax Provision is expected to grow to about 5 B, whereas Selling General Administrative is forecasted to decline to about 4 B.
 2021 2022 2023 2024 (projected)
Interest Expense592M1.9B2.0B2.1B
Depreciation And Amortization4.7B5.0B5.3B5.6B

Rio Tinto fundamental ratios Correlations

0.770.50.970.770.980.320.490.510.60.81.00.610.740.180.870.820.190.980.550.910.940.980.350.930.34
0.770.410.770.460.750.060.90.140.370.550.80.160.390.00.810.8-0.320.870.360.790.80.860.050.580.74
0.50.410.520.660.60.880.280.62-0.240.390.480.590.410.410.540.520.260.450.650.540.40.470.660.530.41
0.970.770.520.80.930.350.520.560.620.740.960.640.690.180.890.810.190.940.660.930.920.970.410.930.45
0.770.460.660.80.740.620.230.920.510.590.740.780.590.330.850.820.280.70.840.680.680.730.780.790.29
0.980.750.60.930.740.410.470.510.450.790.980.610.750.260.820.790.220.950.520.890.90.960.370.910.33
0.320.060.880.350.620.41-0.110.68-0.270.340.280.70.440.590.330.350.520.20.530.380.230.240.640.460.08
0.490.90.280.520.230.47-0.11-0.050.240.130.55-0.11-0.05-0.270.670.6-0.570.650.320.60.560.63-0.040.230.79
0.510.140.620.560.920.510.68-0.050.330.410.480.740.460.420.610.580.360.410.840.390.360.450.920.620.15
0.60.37-0.240.620.510.45-0.270.240.330.370.610.340.33-0.210.610.540.020.60.360.50.630.610.130.530.05
0.80.550.390.740.590.790.340.130.410.370.760.570.960.50.560.650.350.730.210.640.740.740.20.880.16
1.00.80.480.960.740.980.280.550.480.610.760.570.690.140.880.840.130.990.530.910.950.990.330.90.36
0.610.160.590.640.780.610.7-0.110.740.340.570.570.720.380.520.530.790.490.560.60.550.530.560.76-0.06
0.740.390.410.690.590.750.44-0.050.460.330.960.690.720.550.460.560.590.640.20.60.670.660.240.880.01
0.180.00.410.180.330.260.59-0.270.42-0.210.50.140.380.550.020.210.410.080.080.10.050.110.30.350.05
0.870.810.540.890.850.820.330.670.610.610.560.880.520.460.020.93-0.080.90.730.860.880.90.480.750.52
0.820.80.520.810.820.790.350.60.580.540.650.840.530.560.210.93-0.020.860.550.790.840.860.390.710.46
0.19-0.320.260.190.280.220.52-0.570.360.020.350.130.790.590.41-0.08-0.020.020.070.160.110.060.220.42-0.45
0.980.870.450.940.70.950.20.650.410.60.730.990.490.640.080.90.860.020.50.910.951.00.250.850.45
0.550.360.650.660.840.520.530.320.840.360.210.530.560.20.080.730.550.070.50.530.430.540.870.560.48
0.910.790.540.930.680.890.380.60.390.50.640.910.60.60.10.860.790.160.910.530.940.920.230.830.41
0.940.80.40.920.680.90.230.560.360.630.740.950.550.670.050.880.840.110.950.430.940.950.170.840.33
0.980.860.470.970.730.960.240.630.450.610.740.990.530.660.110.90.860.061.00.540.920.950.290.880.45
0.350.050.660.410.780.370.64-0.040.920.130.20.330.560.240.30.480.390.220.250.870.230.170.290.440.23
0.930.580.530.930.790.910.460.230.620.530.880.90.760.880.350.750.710.420.850.560.830.840.880.440.23
0.340.740.410.450.290.330.080.790.150.050.160.36-0.060.010.050.520.46-0.450.450.480.410.330.450.230.23
Click cells to compare fundamentals

Rio Tinto Account Relationship Matchups

Rio Tinto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.8B97.4B102.9B96.7B103.5B59.2B
Short Long Term Debt Total14.7B14.0B13.5B12.3B14.4B13.0B
Other Current Liab5.4B6.0B6.7B6.9B6.9B7.2B
Total Current Liabilities11.1B11.6B12.6B11.6B12.7B8.7B
Total Stockholder Equity40.5B47.1B51.4B50.2B54.6B57.3B
Property Plant And Equipment Net57.4B62.9B64.9B64.7B68.4B34.9B
Net Debt6.7B3.6B724M5.5B5.7B8.4B
Retained Earnings23.4B26.8B33.3B34.5B38.4B40.3B
Accounts Payable2.9B3.1B3.4B3.3B3.3B2.5B
Cash8.0B10.4B12.8B6.8B8.7B4.7B
Non Current Assets Total70.5B76.5B78.5B77.8B82.0B46.6B
Non Currrent Assets Other4.5B4.8B5.0B4.3B3.6B3.8B
Cash And Short Term Investments10.7B13.2B15.4B8.9B9.8B5.4B
Net Receivables2.1B2.6B2.2B2.2B2.5B1.8B
Common Stock Total Equity4.4B3.7B3.7B4.0B4.6B4.8B
Short Term Investments2.7B2.9B2.5B2.2B1.1B687.3M
Liabilities And Stockholders Equity87.8B97.4B102.9B96.7B103.5B59.2B
Non Current Liabilities Total31.4B33.9B33.7B32.9B34.5B21.6B
Inventory3.5B3.9B5.4B6.2B6.7B7.0B
Other Current Assets5.2B5.6B4.9B4.8B5.1B3.9B
Other Stockholder Equity13.5B16.3B14.3B11.6B12.7B9.6B
Total Liab42.6B45.5B46.3B44.5B47.2B30.3B
Property Plant And Equipment Gross57.5B63.2B128.9B129.8B136.4B143.2B
Total Current Assets17.3B20.9B24.4B19.0B21.5B12.6B
Accumulated Other Comprehensive Income9.2B12.0B10.0B7.8B8.3B8.7B
Short Term Debt1.0B584M1.1B1.2B1.2B2.3B
Common Stock3.7B4.0B3.8B3.5B3.6B2.4B
Other Assets5.3B5.9B5.8B4.9B5.6B3.3B
Intangible Assets2.6B2.8B2.8B3.6B4.4B3.7B
Other Liab18.3B20.6B21.3B21.8B25.1B13.8B
Long Term Debt12.1B12.3B11.4B10.1B12.2B15.3B
Good Will922M946M879M826M797M757.2M
Property Plant Equipment57.4B62.9B64.9B64.7B74.4B50.4B
Net Tangible Assets37.0B43.4B47.7B45.7B52.6B44.1B
Short Long Term Debt720M351M812M923M824M782.8M
Capital Surpluse4.3B4.3B4.3B4.3B5.0B4.7B

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Other Information on Investing in Rio Stock

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