RBC Total Stockholder Equity vs Intangible Assets Analysis
| RBCP Stock | USD 132.73 2.05 1.57% |
RBC Bearings financial indicator trend analysis is much more than just breaking down RBC Bearings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RBC Bearings is a good investment. Please check the relationship between RBC Bearings Total Stockholder Equity and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in RBC Stock, please use our How to Invest in RBC Bearings guide.
Total Stockholder Equity vs Intangible Assets
Total Stockholder Equity vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RBC Bearings Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RBC Bearings' Total Stockholder Equity and Intangible Assets is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of RBC Bearings, assuming nothing else is changed. The correlation between historical values of RBC Bearings' Total Stockholder Equity and Intangible 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 Total Stockholder Equity of RBC Bearings are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., RBC Bearings' Total Stockholder Equity and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from RBC Bearings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RBC Bearings 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 RBC Bearings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in RBC Stock, please use our How to Invest in RBC Bearings guide.At this time, RBC Bearings' Selling General Administrative is relatively stable compared to the past year. As of 06/01/2024, Enterprise Value Over EBITDA is likely to grow to 52.45, while Sales General And Administrative To Revenue is likely to drop 0.13.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 942.9M | 1.5B | 1.6B | 1.6B | Interest Expense | 41.5M | 76.7M | 78.7M | 82.6M |
RBC Bearings fundamental ratios Correlations
Click cells to compare fundamentals
RBC Bearings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RBC Bearings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.3B | 1.4B | 4.8B | 4.7B | 4.7B | 4.9B | |
| Total Stockholder Equity | 1.1B | 1.2B | 2.4B | 2.5B | 2.8B | 2.9B | |
| Net Debt | (51.1M) | (99.3M) | 1.6B | 1.4B | 1.2B | 1.3B | |
| Cash | 103.3M | 151.1M | 182.9M | 65.4M | 63.5M | 60.8M | |
| Non Current Assets Total | 709.9M | 706.1M | 3.9B | 3.8B | 3.7B | 3.9B | |
| Non Currrent Assets Other | 20.6M | 30.2M | 38.3M | (258M) | (240.9M) | (228.9M) | |
| Cash And Short Term Investments | 103.3M | 241.3M | 182.9M | 65.4M | 63.5M | 65.6M | |
| Common Stock Shares Outstanding | 24.9M | 25.0M | 27.3M | 29.1M | 29.2M | 22.2M | |
| Liabilities And Stockholders Equity | 1.3B | 1.4B | 4.8B | 4.7B | 4.7B | 4.9B | |
| Non Current Liabilities Total | 100.2M | 116.1M | 2.2B | 1.8B | 1.6B | 1.7B | |
| Other Stockholder Equity | 355.4M | 381.2M | 1.5B | 1.5B | 1.5B | 1.6B | |
| Total Liab | 203.9M | 204.3M | 2.5B | 2.2B | 1.9B | 2.0B | |
| Total Current Assets | 612.0M | 728.2M | 962.2M | 913.3M | 965.5M | 1.0B | |
| Short Long Term Debt Total | 52.1M | 51.8M | 1.7B | 1.4B | 1.3B | 1.4B | |
| Other Current Liab | 29.5M | 26.6M | 121.8M | 127.6M | 139.1M | 146.1M | |
| Total Current Liabilities | 103.8M | 88.2M | 313.5M | 309.3M | 294.3M | 309.0M | |
| Property Plant And Equipment Net | 248.8M | 243.9M | 431.3M | 416.7M | 402.4M | 422.5M | |
| Retained Earnings | 769.2M | 858.9M | 911.9M | 1.0B | 1.2B | 1.3B | |
| Accounts Payable | 51.0M | 36.3M | 158.6M | 146.8M | 116.2M | 122.0M | |
| Net Receivables | 129.0M | 110.5M | 247.5M | 239.6M | 262.1M | 275.2M | |
| Good Will | 277.8M | 277.5M | 1.9B | 1.9B | 1.9B | 2.0B | |
| Inventory | 367.5M | 364.1M | 516.1M | 587.2M | 622.8M | 653.9M | |
| Other Current Assets | 12.3M | 12.2M | 15.7M | 21.1M | 17.1M | 13.8M | |
| Accumulated Other Comprehensive Income | (6.9M) | (10.4M) | (5.8M) | (4.1M) | 700.0K | 735.0K | |
| Short Term Debt | 12.1M | 8.3M | 13.5M | 14.3M | 16.5M | 9.0M | |
| Intangible Assets | 162.7M | 154.4M | 1.5B | 1.5B | 1.4B | 1.5B | |
| Common Stock | 259K | 261K | 298K | 300K | 345K | 247.6K | |
| Current Deferred Revenue | 11.1M | 17.0M | 19.6M | 20.6M | 22.5M | 13.0M | |
| Long Term Debt | 16.6M | 13.5M | 1.7B | 1.4B | 1.2B | 796.0M | |
| Net Invested Capital | 1.1B | 1.2B | 4.1B | 3.9B | 3.9B | 2.8B | |
| Short Long Term Debt | 6.4M | 2.6M | 1.5M | 1.5M | 3.8M | 3.0M | |
| Capital Stock | 259K | 261K | 344K | 300K | 345K | 315.3K | |
| Non Current Liabilities Other | 496K | 8K | 49.3M | 52.6M | 3.5M | 3.3M | |
| Net Working Capital | 508.3M | 640.0M | 648.8M | 604M | 671.2M | 639.0M |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in RBC Stock, please use our How to Invest in RBC Bearings guide.Note that the RBC Bearings information on this page should be used as a complementary analysis to other RBC Bearings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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Is RBC Bearings' 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 RBC Bearings. If investors know RBC 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 RBC Bearings 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 0.289 | Revenue Per Share 53.958 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0462 | Return On Equity 0.0794 |
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' 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 RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' 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 RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' 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.