Roto Short Term Investments vs Short Long Term Debt Total Analysis

ROTO Stock   299.90  15.10  4.79%   
Roto Pumps financial indicator trend analysis is much more than just breaking down Roto Pumps Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roto Pumps Limited is a good investment. Please check the relationship between Roto Pumps Short Term Investments and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roto Pumps Limited. 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.

Short Term Investments vs Short Long Term Debt Total

Short Term Investments vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roto Pumps Limited Short Term Investments account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Roto Pumps' Short Term Investments and Short Long Term Debt Total is 0.47. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Roto Pumps Limited, assuming nothing else is changed. The correlation between historical values of Roto Pumps' Short Term Investments and Short Long Term Debt 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 Short Term Investments of Roto Pumps Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Investments i.e., Roto Pumps' Short Term Investments and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Roto Pumps balance sheet. It contains any investments Roto Pumps Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Roto Pumps Limited can easily liquidate in the marketplace.

Short Long Term Debt Total

Most indicators from Roto Pumps' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roto Pumps Limited 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 Roto Pumps Limited. 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.
Selling General Administrative is likely to gain to about 80.5 M in 2024, whereas Tax Provision is likely to drop slightly above 105.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15.4M34.6M49.0M51.4M
Depreciation And Amortization64.0M86.8M128.9M135.4M

Roto Pumps fundamental ratios Correlations

0.580.530.450.520.590.580.10.590.50.590.440.670.330.630.27-0.20.550.550.411.0-0.030.460.090.76-0.24
0.580.710.760.790.990.980.120.990.880.980.890.820.510.830.31-0.080.810.990.550.590.30.850.120.820.25
0.530.710.540.90.630.80.630.620.440.780.490.90.50.730.370.140.940.630.860.530.190.790.340.480.47
0.450.760.540.790.780.66-0.230.770.80.660.830.80.220.880.33-0.010.760.80.390.460.490.84-0.210.390.3
0.520.790.90.790.740.80.320.730.630.80.680.950.260.880.41-0.040.960.760.80.520.30.910.080.460.43
0.590.990.630.780.740.940.011.00.910.950.90.790.470.840.3-0.150.750.990.470.60.290.830.060.820.19
0.580.980.80.660.80.940.30.940.791.00.790.820.550.770.29-0.040.840.930.650.590.210.810.220.820.23
0.10.120.63-0.230.320.010.30.0-0.320.28-0.280.310.280.010.280.210.36-0.010.610.1-0.20.110.470.130.23
0.590.990.620.770.731.00.940.00.910.940.90.780.460.840.3-0.150.750.990.470.60.280.830.050.830.19
0.50.880.440.80.630.910.79-0.320.910.80.990.640.390.770.11-0.130.640.920.30.510.420.77-0.080.70.17
0.590.980.780.660.80.951.00.280.940.80.80.820.550.780.29-0.040.830.940.640.60.210.80.210.830.22
0.440.890.490.830.680.90.79-0.280.90.990.80.690.420.80.12-0.070.70.930.330.440.470.84-0.020.630.32
0.670.820.90.80.950.790.820.310.780.640.820.690.420.920.450.040.960.80.710.670.320.920.140.570.41
0.330.510.50.220.260.470.550.280.460.390.550.420.420.310.010.580.510.470.120.330.250.350.550.460.43
0.630.830.730.880.880.840.770.010.840.770.780.80.920.310.37-0.120.870.850.570.630.250.940.030.550.37
0.270.310.370.330.410.30.290.280.30.110.290.120.450.010.37-0.190.360.320.350.270.230.34-0.480.290.02
-0.2-0.080.14-0.01-0.04-0.15-0.040.21-0.15-0.13-0.04-0.070.040.58-0.12-0.190.15-0.11-0.16-0.20.14-0.050.44-0.210.48
0.550.810.940.760.960.750.840.360.750.640.830.70.960.510.870.360.150.770.740.550.340.90.230.50.52
0.550.990.630.80.760.990.93-0.010.990.920.940.930.80.470.850.32-0.110.770.460.560.360.860.050.790.26
0.410.550.860.390.80.470.650.610.470.30.640.330.710.120.570.35-0.160.740.460.40.030.650.090.360.21
1.00.590.530.460.520.60.590.10.60.510.60.440.670.330.630.27-0.20.550.560.4-0.020.470.090.76-0.23
-0.030.30.190.490.30.290.21-0.20.280.420.210.470.320.250.250.230.140.340.360.03-0.020.41-0.290.030.42
0.460.850.790.840.910.830.810.110.830.770.80.840.920.350.940.34-0.050.90.860.650.470.410.080.50.53
0.090.120.34-0.210.080.060.220.470.05-0.080.21-0.020.140.550.03-0.480.440.230.050.090.09-0.290.080.120.44
0.760.820.480.390.460.820.820.130.830.70.830.630.570.460.550.29-0.210.50.790.360.760.030.50.12-0.18
-0.240.250.470.30.430.190.230.230.190.170.220.320.410.430.370.020.480.520.260.21-0.230.420.530.44-0.18
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Roto Pumps Account Relationship Matchups

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