Rockwood Accounts Payable vs Total Current Liabilities Analysis
RKW Stock | 262.00 1.50 0.57% |
Rockwood Realisation financial indicator trend analysis is much more than just breaking down Rockwood Realisation PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockwood Realisation PLC is a good investment. Please check the relationship between Rockwood Realisation Accounts Payable and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwood Realisation 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.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockwood Realisation PLC Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Rockwood Realisation's Accounts Payable and Total Current Liabilities is 0.19. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Rockwood Realisation PLC, assuming nothing else is changed. The correlation between historical values of Rockwood Realisation's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Rockwood Realisation PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Rockwood Realisation's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Rockwood Realisation obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rockwood Realisation PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Liabilities
Total Current Liabilities is an item on Rockwood Realisation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rockwood Realisation PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Rockwood Realisation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockwood Realisation 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 Rockwood Realisation 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. As of December 19, 2024, Selling General Administrative is expected to decline to about 886.4 K. In addition to that, Tax Provision is expected to decline to 6,840
Rockwood Realisation fundamental ratios Correlations
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Rockwood Realisation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rockwood Realisation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.1M | 55.6M | 43.1M | 51.0M | 65.4M | 50.9M | |
Other Current Liab | 87K | 2.8M | 1.9M | 937K | 901K | 1.4M | |
Total Current Liabilities | 178K | 2.9M | 2.1M | 1.2M | 1.1M | 1.6M | |
Total Stockholder Equity | 36.9M | 52.7M | 41.0M | 49.8M | 64.3M | 49.2M | |
Net Debt | (6.9M) | (1.6M) | (10.5M) | (11.6M) | (4.8M) | (5.0M) | |
Retained Earnings | 11.2M | 27.0M | 15.3M | 24.1M | 18.6M | 16.7M | |
Accounts Payable | 91K | 112K | 186K | 229K | 202K | 137.8K | |
Cash | 6.9M | 1.6M | 10.5M | 11.6M | 4.8M | 7.0M | |
Non Current Assets Total | 30.0M | 53.9M | 31.6M | 39.3M | 60.3M | 40.5M | |
Non Currrent Assets Other | (30.0M) | (53.9M) | (31.6M) | (39.3M) | (35.3M) | (37.1M) | |
Cash And Short Term Investments | 6.9M | 1.6M | 10.5M | 11.6M | 4.8M | 7.0M | |
Net Receivables | 101K | 244K | 66K | 1.0M | 268K | 268.0K | |
Common Stock Shares Outstanding | 35.4M | 34.8M | 32.3M | 25.4M | 27.4M | 32.9M | |
Liabilities And Stockholders Equity | 37.1M | 55.6M | 43.1M | 51.0M | 65.4M | 50.8M | |
Other Current Assets | 266K | 99K | 1.0M | 73K | 281K | 557.5K | |
Total Liab | 178K | 2.9M | 2.1M | 1.2M | 1.1M | 1.6M | |
Total Current Assets | 7.1M | 1.7M | 11.5M | 11.7M | 5.0M | 7.6M | |
Accumulated Other Comprehensive Income | 10.8M | 10.8M | 10.9M | 11.3M | 19.8M | 12.7M | |
Common Stock | 1.8M | 1.8M | 1.8M | 1.3M | 1.6M | 1.3M | |
Non Current Liabilities Total | 178K | 2.9M | 2.1M | 1.2M | 1.0 | 0.95 | |
Net Tangible Assets | 44.7M | 36.9M | 52.7M | 41.0M | 47.2M | 48.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Rockwood Stock
Balance Sheet is a snapshot of the financial position of Rockwood Realisation PLC at a specified time, usually calculated after every quarter, six months, or one year. Rockwood Realisation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rockwood Realisation 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 Rockwood currently owns. An asset can also be divided into two categories, current and non-current.