CHRW Retained Earnings vs Total Current Assets Analysis
CHRW Stock | USD 86.37 1.48 1.74% |
CH Robinson financial indicator trend analysis is way more than just evaluating CH Robinson Worldwide prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CH Robinson Worldwide is a good investment. Please check the relationship between CH Robinson Retained Earnings and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CH Robinson Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Retained Earnings vs Total Current Assets
Retained Earnings vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CH Robinson Worldwide Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between CH Robinson's Retained Earnings and Total Current Assets is 0.74. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of CH Robinson Worldwide, assuming nothing else is changed. The correlation between historical values of CH Robinson's Retained Earnings and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of CH Robinson Worldwide are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., CH Robinson's Retained Earnings and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from CH Robinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CH Robinson Worldwide 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CH Robinson Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. Selling General Administrative is likely to drop to about 490 M in 2024. Tax Provision is likely to drop to about 67.6 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 1.9B | 1.2B | 1.1B | Total Revenue | 23.1B | 24.7B | 17.6B | 10.7B |
CH Robinson fundamental ratios Correlations
Click cells to compare fundamentals
CH Robinson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CH Robinson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 5.1B | 7.0B | 6.0B | 5.2B | 2.8B | |
Other Current Liab | 289.0M | 490.2M | 815.7M | 624.9M | 442.5M | 244.0M | |
Total Current Liabilities | 1.6B | 1.8B | 3.3B | 3.3B | 2.1B | 1.2B | |
Total Stockholder Equity | 1.7B | 1.9B | 2.0B | 1.4B | 1.4B | 1.1B | |
Property Plant And Equipment Net | 519.3M | 498.7M | 432.4M | 531.6M | 498.6M | 523.5M | |
Net Debt | 1.1B | 1.2B | 2.0B | 2.1B | 1.8B | 1.9B | |
Retained Earnings | 4.1B | 4.4B | 4.9B | 5.6B | 5.6B | 5.9B | |
Accounts Payable | 1.1B | 1.3B | 1.9B | 1.6B | 1.4B | 762.6M | |
Cash | 447.9M | 243.8M | 257.4M | 217.5M | 145.5M | 251.9M | |
Non Current Assets Total | 2.0B | 2.2B | 2.2B | 2.4B | 2.3B | 2.5B | |
Non Currrent Assets Other | 33.7M | 24.5M | 22.2M | (181.6M) | 11.6M | 12.1M | |
Cash And Short Term Investments | 447.9M | 243.8M | 257.4M | 217.5M | 145.5M | 276.9M | |
Net Receivables | 2.1B | 2.6B | 4.4B | 3.2B | 2.6B | 1.4B | |
Good Will | 1.3B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | |
Common Stock Shares Outstanding | 137.7M | 136.2M | 133.8M | 127.2M | 119.7M | 125.9M | |
Liabilities And Stockholders Equity | 4.6B | 5.1B | 7.0B | 6.0B | 5.2B | 2.8B | |
Other Current Assets | 217.9M | 248.3M | 583.3M | 122.4M | 163.3M | 84.3M | |
Other Stockholder Equity | (2.4B) | (2.5B) | (2.9B) | (4.2B) | (4.1B) | (3.9B) | |
Total Liab | 3.0B | 3.3B | 5.0B | 4.6B | 3.8B | 4.0B | |
Property Plant And Equipment Gross | 519.3M | 498.7M | 442.1M | 449.8M | 791.3M | 830.9M | |
Total Current Assets | 2.6B | 2.9B | 4.8B | 3.6B | 2.9B | 1.8B | |
Accumulated Other Comprehensive Income | (76.1M) | (46.0M) | (61.1M) | (88.9M) | (80.9M) | (76.9M) | |
Intangible Assets | 1.5B | 1.7B | 159.7M | 152.8M | 146.2M | 138.9M | |
Common Stock Total Equity | 13.5M | 13.4M | 12.9M | 11.6M | 13.4M | 14.6M | |
Common Stock | 13.5M | 13.4M | 12.9M | 11.6M | 11.7M | 14.5M | |
Other Assets | 47.2M | 122.5M | 147.1M | 210.1M | 241.6M | 253.7M | |
Non Current Liabilities Total | 1.4B | 1.4B | 1.7B | 1.3B | 1.8B | 1.8B | |
Treasury Stock | (3.0B) | (3.0B) | (3.5B) | (4.9B) | (4.4B) | (4.2B) | |
Property Plant Equipment | 208.4M | 178.9M | 432.4M | 159.4M | 183.3M | 152.8M | |
Other Liab | 62.4M | 62.7M | 44.8M | 44.5M | 51.2M | 33.7M | |
Short Long Term Debt Total | 1.6B | 1.4B | 2.2B | 2.4B | 2.0B | 2.1B | |
Net Tangible Assets | 288.0M | 278.8M | 230.4M | (181.4M) | (163.3M) | (155.1M) | |
Long Term Debt | 1.1B | 1.1B | 1.4B | 920.0M | 1.4B | 734.2M | |
Retained Earnings Total Equity | 4.1B | 4.4B | 4.9B | 5.6B | 6.4B | 6.8B | |
Capital Surpluse | 546.6M | 566.0M | 673.6M | 743.3M | 854.8M | 484.3M | |
Deferred Long Term Liab | 39.8M | 22.2M | 16.1M | 14.3M | 16.4M | 23.9M | |
Non Current Liabilities Other | 282.1M | 309.1M | 315K | 1.9M | 2.1M | 2.0M | |
Accumulated Depreciation | (281.6M) | (300.0M) | (302.3M) | (290.4M) | (261.4M) | (274.4M) |
Also Currently Popular
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.When determining whether CH Robinson Worldwide is a strong investment it is important to analyze CH Robinson's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CH Robinson's future performance. For an informed investment choice regarding CHRW Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CH Robinson Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for CHRW Stock analysis
When running CH Robinson's price analysis, check to measure CH Robinson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CH Robinson is operating at the current time. Most of CH Robinson's value examination focuses on studying past and present price action to predict the probability of CH Robinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CH Robinson's price. Additionally, you may evaluate how the addition of CH Robinson to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is CH Robinson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CH Robinson. If investors know CHRW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CH Robinson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 2.44 | Earnings Share 2.54 | Revenue Per Share 146.529 | Quarterly Revenue Growth (0.04) |
The market value of CH Robinson Worldwide is measured differently than its book value, which is the value of CHRW that is recorded on the company's balance sheet. Investors also form their own opinion of CH Robinson's value that differs from its market value or its book value, called intrinsic value, which is CH Robinson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CH Robinson's market value can be influenced by many factors that don't directly affect CH Robinson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CH Robinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if CH Robinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CH Robinson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.