Rogers Common Stock Shares Outstanding vs Accounts Payable Analysis

RCI Stock  USD 40.46  0.06  0.15%   
Rogers Communications financial indicator trend analysis is much more than just breaking down Rogers Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rogers Communications is a good investment. Please check the relationship between Rogers Communications Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. 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.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Communications Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rogers Communications' Common Stock Shares Outstanding and Accounts Payable is 0.62. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Rogers Communications, assuming nothing else is changed. The correlation between historical values of Rogers Communications' Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Rogers Communications are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Rogers Communications' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Rogers Communications obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rogers Communications are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Rogers Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rogers Communications 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 Rogers Communications. 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.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.The Rogers Communications' current Selling General Administrative is estimated to increase to about 2 B. The Rogers Communications' current Tax Provision is estimated to increase to about 639.3 M
 2021 2022 2023 2024 (projected)
Gross Profit5.9B6.4B4.5B5.2B
Total Revenue14.7B15.4B19.3B10.5B

Rogers Communications fundamental ratios Correlations

0.990.90.890.970.990.930.650.240.980.030.150.970.450.980.470.441.00.680.980.550.760.760.85-0.750.98
0.990.850.820.961.00.880.60.210.960.120.110.930.40.990.50.371.00.690.960.450.760.690.8-0.720.99
0.90.850.940.840.850.960.810.220.840.010.20.90.50.810.30.570.860.720.90.740.710.770.87-0.840.81
0.890.820.940.850.810.990.770.330.85-0.170.280.940.50.790.340.590.840.660.890.830.70.830.92-0.770.77
0.970.960.840.850.950.880.620.270.99-0.130.170.940.550.970.380.410.970.520.960.510.720.760.81-0.670.96
0.991.00.850.810.950.870.60.150.960.140.050.920.390.990.480.391.00.680.960.430.760.680.79-0.730.99
0.930.880.960.990.880.870.780.330.88-0.110.260.970.50.850.370.560.890.720.920.790.720.820.91-0.780.84
0.650.60.810.770.620.60.780.090.6-0.050.140.680.620.56-0.050.480.610.570.660.850.540.540.66-0.710.57
0.240.210.220.330.270.150.330.090.21-0.350.950.270.130.210.3-0.170.220.260.160.330.180.370.210.040.18
0.980.960.840.850.990.960.880.60.21-0.050.120.940.470.970.440.430.980.510.980.50.750.780.82-0.710.96
0.030.120.01-0.17-0.130.14-0.11-0.05-0.35-0.05-0.36-0.14-0.420.080.28-0.250.070.290.04-0.310.25-0.27-0.14-0.230.12
0.150.110.20.280.170.050.260.140.950.12-0.360.170.140.10.18-0.110.120.20.080.340.080.30.20.060.07
0.970.930.90.940.940.920.970.680.270.94-0.140.170.450.920.460.550.950.660.950.670.690.830.92-0.730.91
0.450.40.50.50.550.390.50.620.130.47-0.420.140.450.4-0.520.180.430.180.420.480.350.320.34-0.310.42
0.980.990.810.790.970.990.850.560.210.970.080.10.920.40.490.351.00.630.960.410.740.690.78-0.681.0
0.470.50.30.340.380.480.37-0.050.30.440.280.180.46-0.520.490.250.480.360.470.040.360.390.42-0.270.46
0.440.370.570.590.410.390.560.48-0.170.43-0.25-0.110.550.180.350.250.390.290.460.520.20.360.68-0.430.33
1.01.00.860.840.971.00.890.610.220.980.070.120.950.431.00.480.390.660.970.470.760.720.82-0.720.99
0.680.690.720.660.520.680.720.570.260.510.290.20.660.180.630.360.290.660.580.50.510.370.62-0.570.64
0.980.960.90.890.960.960.920.660.160.980.040.080.950.420.960.470.460.970.580.560.780.810.86-0.810.95
0.550.450.740.830.510.430.790.850.330.5-0.310.340.670.480.410.040.520.470.50.560.440.70.72-0.590.4
0.760.760.710.70.720.760.720.540.180.750.250.080.690.350.740.360.20.760.510.780.440.490.5-0.510.74
0.760.690.770.830.760.680.820.540.370.78-0.270.30.830.320.690.390.360.720.370.810.70.490.83-0.690.67
0.850.80.870.920.810.790.910.660.210.82-0.140.20.920.340.780.420.680.820.620.860.720.50.83-0.770.76
-0.75-0.72-0.84-0.77-0.67-0.73-0.78-0.710.04-0.71-0.230.06-0.73-0.31-0.68-0.27-0.43-0.72-0.57-0.81-0.59-0.51-0.69-0.77-0.67
0.980.990.810.770.960.990.840.570.180.960.120.070.910.421.00.460.330.990.640.950.40.740.670.76-0.67
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Rogers Communications Account Relationship Matchups

Rogers Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.0B38.9B42.0B55.7B69.3B72.7B
Short Long Term Debt Total19.9B21.3B22.8B36.7B45.2B47.5B
Total Current Liabilities6.0B6.6B8.6B9.5B8.8B9.2B
Total Stockholder Equity9.4B9.6B10.5B10.1B10.4B11.0B
Property Plant And Equipment Net13.9B14.0B14.7B15.6B24.3B25.5B
Net Debt19.4B18.8B22.1B36.3B44.4B46.6B
Retained Earnings7.4B7.9B8.9B9.8B9.8B10.3B
Accounts Payable3.0B2.7B3.4B3.7B4.0B2.2B
Cash494M2.5B715M463M800M840M
Non Current Assets Total31.9B31.9B36.1B36.4B61.8B64.9B
Non Currrent Assets Other275M346M385M2.4B1.0B842.3M
Cash And Short Term Investments494M2.5B715M463M800M457.5M
Net Receivables3.5B3.4B4.0B4.3B5.4B5.7B
Liabilities And Stockholders Equity37.0B38.9B42.0B55.7B69.3B72.7B
Non Current Liabilities Total21.6B22.7B22.8B36.0B50.1B52.6B
Other Current Assets524M516M497M561M804M844.2M
Other Stockholder Equity22.2B1.2B10.5B10.1B11.6B12.2B
Total Liab27.6B29.3B31.4B45.6B58.8B61.8B
Total Current Assets5.1B6.9B5.8B19.3B7.5B7.9B
Intangible Assets8.9B8.9B12.3B12.3B17.9B18.8B
Inventory460M479M535M438M456M269.8M
Other Assets832M1.1B1.2B1.5B1.8B1.9B
Accumulated Other Comprehensive Income1.5B1.2B1.2B(192M)(1.4B)(1.3B)
Other Current Liab239M587M722M252M611M641.6M
Other Liab4.2B4.4B4.1B4.4B5.1B5.4B
Net Tangible Assets(3.4B)(3.3B)(5.8B)(6.2B)(5.6B)(5.3B)
Long Term Debt16.0B16.8B17.1B29.9B39.8B41.7B
Good Will3.9B4.0B4.0B4.0B16.3B17.1B
Short Term Investments101M61M120M689M80M103.2M
Long Term Investments2.8B2.5B2.5B2.1B598M1.1B
Short Long Term Debt2.2B2.7B3.8B4.8B2.9B1.8B
Short Term Debt2.5B2.9B4.1B5.2B3.4B3.5B
Property Plant Equipment13.9B14.0B14.7B15.6B17.9B9.6B
Current Deferred Revenue224M336M394M400M773M811.7M
Long Term Debt Total17.5B18.3B18.8B31.6B36.3B19.7B
Capital Lease Obligations1.7B1.8B2.0B2.0B2.6B2.7B

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Additional Information and Resources on Investing in Rogers Stock

When determining whether Rogers Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rogers Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rogers Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rogers Communications Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. 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.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers Communications guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Wireless Telecommunication Services space 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 Rogers Communications. If investors know Rogers 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 Rogers Communications 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
(0.55)
Dividend Share
2
Earnings Share
0.79
Revenue Per Share
38.478
Quarterly Revenue Growth
0.278
The market value of Rogers Communications is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers Communications' value that differs from its market value or its book value, called intrinsic value, which is Rogers Communications' 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 Rogers Communications' market value can be influenced by many factors that don't directly affect Rogers Communications' 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 Rogers Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers Communications' 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.