Rolls Other Current Liab vs Total Current Liabilities Analysis

RR Stock   581.00  2.80  0.48%   
Rolls Royce financial indicator trend analysis is much more than just breaking down Rolls Royce Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rolls Royce Holdings is a good investment. Please check the relationship between Rolls Royce Other Current Liab and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rolls Royce Holdings 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rolls Royce Holdings Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rolls Royce's Other Current Liab and Total Current Liabilities is 0.52. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Rolls Royce Holdings PLC, assuming nothing else is changed. The correlation between historical values of Rolls Royce's Other Current Liab 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 Other Current Liab of Rolls Royce Holdings 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 Other Current Liab i.e., Rolls Royce's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Rolls Royce balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rolls Royce Holdings 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 Rolls Royce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rolls Royce Holdings 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 Rolls Royce Holdings 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.
At present, Rolls Royce's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense252M343M369M387.5M
Depreciation And Amortization1.0B952M948M482.1M

Rolls Royce fundamental ratios Correlations

0.80.420.96-0.450.810.44-0.51-0.040.70.980.560.680.540.680.880.940.570.430.930.740.980.550.54-0.030.5
0.80.670.84-0.810.760.85-0.86-0.510.40.770.40.380.80.680.960.780.840.770.940.860.810.70.82-0.160.27
0.420.670.52-0.680.180.78-0.74-0.49-0.180.30.54-0.180.960.620.620.570.930.950.590.80.50.450.96-0.22-0.35
0.960.840.52-0.620.770.5-0.67-0.270.650.910.580.640.640.650.920.970.660.530.970.790.970.70.63-0.020.35
-0.45-0.81-0.68-0.62-0.48-0.840.990.86-0.07-0.39-0.28-0.05-0.76-0.45-0.81-0.56-0.82-0.79-0.75-0.77-0.49-0.69-0.780.290.11
0.810.760.180.77-0.480.48-0.51-0.150.750.870.080.730.310.630.780.670.370.310.790.50.720.510.350.040.72
0.440.850.780.5-0.840.48-0.87-0.62-0.090.410.22-0.110.830.580.760.460.860.890.680.770.450.470.86-0.370.0
-0.51-0.86-0.74-0.670.99-0.51-0.870.82-0.09-0.44-0.33-0.07-0.82-0.52-0.84-0.61-0.87-0.84-0.79-0.81-0.55-0.7-0.840.280.09
-0.04-0.51-0.49-0.270.86-0.15-0.620.820.120.03-0.10.13-0.55-0.15-0.44-0.2-0.61-0.61-0.39-0.47-0.1-0.59-0.560.230.38
0.70.4-0.180.65-0.070.75-0.09-0.090.120.720.141.0-0.030.390.450.560.0-0.130.540.180.650.44-0.020.370.66
0.980.770.30.91-0.390.870.41-0.440.030.720.430.70.420.620.840.870.450.340.880.620.920.510.43-0.030.65
0.560.40.540.58-0.280.080.22-0.33-0.10.140.430.140.60.320.50.670.590.390.540.640.660.40.53-0.23-0.28
0.680.38-0.180.64-0.050.73-0.11-0.070.131.00.70.14-0.030.370.430.56-0.01-0.130.520.170.640.43-0.030.430.64
0.540.80.960.64-0.760.310.83-0.82-0.55-0.030.420.6-0.030.660.750.670.990.960.720.890.630.560.99-0.21-0.26
0.680.680.620.65-0.450.630.58-0.52-0.150.390.620.320.370.660.680.70.660.630.680.760.70.190.68-0.060.18
0.880.960.620.92-0.810.780.76-0.84-0.440.450.840.50.430.750.680.880.80.690.990.880.880.680.76-0.230.29
0.940.780.570.97-0.560.670.46-0.61-0.20.560.870.670.560.670.70.880.690.540.930.850.970.570.66-0.030.25
0.570.840.930.66-0.820.370.86-0.87-0.610.00.450.59-0.010.990.660.80.690.940.760.930.650.570.98-0.23-0.23
0.430.770.950.53-0.790.310.89-0.84-0.61-0.130.340.39-0.130.960.630.690.540.940.650.80.490.530.98-0.23-0.23
0.930.940.590.97-0.750.790.68-0.79-0.390.540.880.540.520.720.680.990.930.760.650.870.930.70.73-0.160.32
0.740.860.80.79-0.770.50.77-0.81-0.470.180.620.640.170.890.760.880.850.930.80.870.810.470.89-0.24-0.06
0.980.810.50.97-0.490.720.45-0.55-0.10.650.920.660.640.630.70.880.970.650.490.930.810.570.61-0.020.35
0.550.70.450.7-0.690.510.47-0.7-0.590.440.510.40.430.560.190.680.570.570.530.70.470.570.55-0.050.06
0.540.820.960.63-0.780.350.86-0.84-0.56-0.020.430.53-0.030.990.680.760.660.980.980.730.890.610.55-0.19-0.21
-0.03-0.16-0.22-0.020.290.04-0.370.280.230.37-0.03-0.230.43-0.21-0.06-0.23-0.03-0.23-0.23-0.16-0.24-0.02-0.05-0.190.18
0.50.27-0.350.350.110.720.00.090.380.660.65-0.280.64-0.260.180.290.25-0.23-0.230.32-0.060.350.06-0.210.18
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Rolls Royce Account Relationship Matchups

Rolls Royce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.3B29.5B28.7B29.5B31.5B33.1B
Short Long Term Debt Total5.7B7.3B7.8B6.0B5.8B6.0B
Other Current Liab12M11.0B9.5B11.6B12.3B12.9B
Total Current Liabilities15.0B13.9B11.9B13.9B15.0B15.7B
Total Stockholder Equity(3.4B)(4.9B)(4.7B)(6.1B)(3.7B)(3.5B)
Property Plant And Equipment Net6.8B5.9B5.1B5.0B4.6B2.5B
Net Debt1.2B4.0B5.2B3.6B2.3B2.4B
Retained Earnings(5.2B)(8.8B)(8.5B)(9.8B)(7.2B)(6.9B)
Accounts Payable2.3B1.4B1.3B1.7B1.6B3.0B
Cash4.4B3.3B2.5B2.4B3.5B1.8B
Non Current Assets Total16.2B14.9B13.4B13.4B13.3B14.0B
Non Currrent Assets Other1.3B1.0B1.5B1.2B6.1B6.4B
Cash And Short Term Investments4.5B3.4B2.6B2.4B3.5B2.0B
Common Stock Total Equity368M379M386M1.7B1.9B2.0B
Common Stock Shares Outstanding5.5B6.0B8.4B8.3B8.4B5.1B
Liabilities And Stockholders Equity32.3B29.5B28.7B29.5B31.5B33.1B
Non Current Liabilities Total20.6B20.5B21.4B21.5B20.2B21.2B
Inventory4.3B3.7B3.7B4.7B4.8B5.1B
Other Current Assets2.8B7.6B9.1B8.9B9.9B10.3B
Other Stockholder Equity211M2.3B2.1B2.1B1.8B1.9B
Total Liab35.6B34.4B33.3B35.5B35.1B36.9B
Property Plant And Equipment Gross6.8B5.9B10.6B11.1B10.8B11.4B
Total Current Assets16.1B14.6B15.3B16.0B18.2B19.1B
Short Term Debt775M1.3B279M358M809M849.5M
Common Stock368M379M386M1.7B1.7B1.8B
Short Term Investments92M107M21M23M10M9.5M
Accumulated Other Comprehensive Income1.2B1.3B1.2B1.1B835M876.8M
Intangible Assets4.4B4.1B3.0B3.0B693M658.4M
Other Liab15.7B14.3B13.8B15.9B18.2B19.1B
Other Assets6.0B5.4B5.7B5.6B6.5B6.8B
Long Term Debt2.9B4.3B6.0B4.1B3.6B2.5B
Net Receivables4.5B4.0B3.7B3.9B4.0B4.1B
Good Will994M1.1B1.0B1.1B1.1B1.2B
Property Plant Equipment6.8B5.9B5.1B5.0B5.7B3.4B
Current Deferred Revenue79M11.8B11.9B11.2B12.9B13.6B
Net Tangible Assets(6.2B)(7.7B)(6.6B)(8.0B)(7.2B)(6.8B)
Deferred Long Term Liab2.7B2.3B2.1B2.2B2.5B2.3B
Short Long Term Debt435M1.0B9M3M531M437.4M

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Other Information on Investing in Rolls Stock

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