CHRW Short Term Debt vs Accumulated Depreciation 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 Short Term Debt and its Accumulated Depreciation 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.

Short Term Debt vs Accumulated Depreciation

Short Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CH Robinson Worldwide Short Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CH Robinson's Short Term Debt and Accumulated Depreciation is -0.13. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accumulated Depreciation 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 Short Term Debt and Accumulated Depreciation 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 Debt of CH Robinson Worldwide are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Short Term Debt i.e., CH Robinson's Short Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for CH Robinson Worldwide fixed asset that has been charged to CH Robinson expense since that asset was acquired and made available for CH Robinson use. The accumulated depreciation account is CH Robinson Worldwide asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by CH Robinson Worldwide.
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 Profit1.6B1.9B1.2B1.1B
Total Revenue23.1B24.7B17.6B10.7B

CH Robinson fundamental ratios Correlations

0.930.920.840.740.780.780.990.340.82-0.280.330.980.83-0.75-0.540.7-0.720.880.530.980.090.230.190.550.74
0.930.920.730.680.750.720.960.140.72-0.380.130.970.7-0.67-0.620.8-0.670.860.480.96-0.160.090.070.60.67
0.920.920.660.630.790.710.940.150.73-0.520.140.930.73-0.68-0.430.63-0.690.860.410.92-0.090.160.140.540.58
0.840.730.660.590.440.610.810.610.680.060.60.810.72-0.51-0.570.62-0.450.640.410.830.360.540.520.290.57
0.740.680.630.590.830.920.720.30.92-0.330.320.670.84-0.88-0.440.53-0.890.870.910.68-0.10.120.070.840.89
0.780.750.790.440.830.920.770.050.91-0.410.070.750.87-0.94-0.290.5-0.940.960.780.74-0.180.04-0.010.840.89
0.780.720.710.610.920.920.770.280.97-0.320.310.730.93-0.96-0.330.45-0.970.950.890.74-0.110.270.210.880.92
0.990.960.940.810.720.770.770.30.78-0.310.290.990.78-0.73-0.570.74-0.720.890.530.99-0.040.220.180.590.72
0.340.140.150.610.30.050.280.30.30.21.00.290.33-0.17-0.310.14-0.130.230.160.350.420.460.49-0.060.28
0.820.720.730.680.920.910.970.780.3-0.260.320.750.98-0.95-0.390.47-0.930.940.840.750.070.280.230.790.91
-0.28-0.38-0.520.06-0.33-0.41-0.32-0.310.2-0.260.2-0.29-0.190.29-0.080.040.43-0.36-0.14-0.260.390.210.21-0.42-0.11
0.330.130.140.60.320.070.310.291.00.320.20.280.35-0.19-0.310.14-0.160.240.190.340.40.470.5-0.030.3
0.980.970.930.810.670.750.730.990.290.75-0.290.280.75-0.68-0.610.79-0.660.870.470.99-0.040.170.150.540.7
0.830.70.730.720.840.870.930.780.330.98-0.190.350.75-0.91-0.370.44-0.870.910.760.750.20.350.310.70.87
-0.75-0.67-0.68-0.51-0.88-0.94-0.96-0.73-0.17-0.950.29-0.19-0.68-0.910.24-0.40.97-0.91-0.87-0.680.08-0.12-0.04-0.86-0.93
-0.54-0.62-0.43-0.57-0.44-0.29-0.33-0.57-0.31-0.39-0.08-0.31-0.61-0.370.24-0.830.22-0.45-0.31-0.570.070.10.09-0.27-0.42
0.70.80.630.620.530.50.450.740.140.470.040.140.790.44-0.4-0.83-0.360.630.40.77-0.2-0.09-0.10.390.55
-0.72-0.67-0.69-0.45-0.89-0.94-0.97-0.72-0.13-0.930.43-0.16-0.66-0.870.970.22-0.36-0.92-0.88-0.660.21-0.15-0.08-0.92-0.9
0.880.860.860.640.870.960.950.890.230.94-0.360.240.870.91-0.91-0.450.63-0.920.770.87-0.140.160.120.810.9
0.530.480.410.410.910.780.890.530.160.84-0.140.190.470.76-0.87-0.310.4-0.880.770.47-0.250.130.050.910.88
0.980.960.920.830.680.740.740.990.350.75-0.260.340.990.75-0.68-0.570.77-0.660.870.47-0.010.220.190.520.71
0.09-0.16-0.090.36-0.1-0.18-0.11-0.040.420.070.390.4-0.040.20.080.07-0.20.21-0.14-0.25-0.010.380.43-0.49-0.07
0.230.090.160.540.120.040.270.220.460.280.210.470.170.35-0.120.1-0.09-0.150.160.130.220.380.99-0.010.09
0.190.070.140.520.07-0.010.210.180.490.230.210.50.150.31-0.040.09-0.1-0.080.120.050.190.430.99-0.090.03
0.550.60.540.290.840.840.880.59-0.060.79-0.42-0.030.540.7-0.86-0.270.39-0.920.810.910.52-0.49-0.01-0.090.81
0.740.670.580.570.890.890.920.720.280.91-0.110.30.70.87-0.93-0.420.55-0.90.90.880.71-0.070.090.030.81
Click cells to compare fundamentals

CH Robinson Account Relationship Matchups

CH Robinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Liab289.0M490.2M815.7M624.9M442.5M244.0M
Total Current Liabilities1.6B1.8B3.3B3.3B2.1B1.2B
Total Stockholder Equity1.7B1.9B2.0B1.4B1.4B1.1B
Property Plant And Equipment Net519.3M498.7M432.4M531.6M498.6M523.5M
Net Debt1.1B1.2B2.0B2.1B1.8B1.9B
Retained Earnings4.1B4.4B4.9B5.6B5.6B5.9B
Accounts Payable1.1B1.3B1.9B1.6B1.4B762.6M
Cash447.9M243.8M257.4M217.5M145.5M251.9M
Non Current Assets Total2.0B2.2B2.2B2.4B2.3B2.5B
Non Currrent Assets Other33.7M24.5M22.2M(181.6M)11.6M12.1M
Cash And Short Term Investments447.9M243.8M257.4M217.5M145.5M276.9M
Net Receivables2.1B2.6B4.4B3.2B2.6B1.4B
Good Will1.3B1.5B1.5B1.5B1.5B1.5B
Common Stock Shares Outstanding137.7M136.2M133.8M127.2M119.7M125.9M
Liabilities And Stockholders Equity4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Assets217.9M248.3M583.3M122.4M163.3M84.3M
Other Stockholder Equity(2.4B)(2.5B)(2.9B)(4.2B)(4.1B)(3.9B)
Total Liab3.0B3.3B5.0B4.6B3.8B4.0B
Property Plant And Equipment Gross519.3M498.7M442.1M449.8M791.3M830.9M
Total Current Assets2.6B2.9B4.8B3.6B2.9B1.8B
Accumulated Other Comprehensive Income(76.1M)(46.0M)(61.1M)(88.9M)(80.9M)(76.9M)
Intangible Assets1.5B1.7B159.7M152.8M146.2M138.9M
Common Stock Total Equity13.5M13.4M12.9M11.6M13.4M14.6M
Common Stock13.5M13.4M12.9M11.6M11.7M14.5M
Other Assets47.2M122.5M147.1M210.1M241.6M253.7M
Non Current Liabilities Total1.4B1.4B1.7B1.3B1.8B1.8B
Treasury Stock(3.0B)(3.0B)(3.5B)(4.9B)(4.4B)(4.2B)
Property Plant Equipment208.4M178.9M432.4M159.4M183.3M152.8M
Other Liab62.4M62.7M44.8M44.5M51.2M33.7M
Short Long Term Debt Total1.6B1.4B2.2B2.4B2.0B2.1B
Net Tangible Assets288.0M278.8M230.4M(181.4M)(163.3M)(155.1M)
Long Term Debt1.1B1.1B1.4B920.0M1.4B734.2M
Retained Earnings Total Equity4.1B4.4B4.9B5.6B6.4B6.8B
Capital Surpluse546.6M566.0M673.6M743.3M854.8M484.3M
Deferred Long Term Liab39.8M22.2M16.1M14.3M16.4M23.9M
Non Current Liabilities Other282.1M309.1M315K1.9M2.1M2.0M
Accumulated Depreciation(281.6M)(300.0M)(302.3M)(290.4M)(261.4M)(274.4M)

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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.