Rogers Net Tangible Assets vs Total Stockholder Equity Analysis
RCI Stock | USD 40.14 0.30 0.75% |
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 Net Tangible Assets and its Total Stockholder Equity 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.
Net Tangible Assets vs Total Stockholder Equity
Net Tangible Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Communications Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Rogers Communications' Net Tangible Assets and Total Stockholder Equity is -0.77. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity 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' Net Tangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Rogers Communications are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Rogers Communications' Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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.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 Profit | 5.9B | 6.4B | 4.5B | 5.2B | Total Revenue | 14.7B | 15.4B | 19.3B | 10.5B |
Rogers Communications fundamental ratios Correlations
Click cells to compare fundamentals
Rogers Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rogers Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.0B | 38.9B | 42.0B | 55.7B | 69.3B | 72.7B | |
Short Long Term Debt Total | 19.9B | 21.3B | 22.8B | 36.7B | 45.2B | 47.5B | |
Total Current Liabilities | 6.0B | 6.6B | 8.6B | 9.5B | 8.8B | 9.2B | |
Total Stockholder Equity | 9.4B | 9.6B | 10.5B | 10.1B | 10.4B | 11.0B | |
Property Plant And Equipment Net | 13.9B | 14.0B | 14.7B | 15.6B | 24.3B | 25.5B | |
Net Debt | 19.4B | 18.8B | 22.1B | 36.3B | 44.4B | 46.6B | |
Retained Earnings | 7.4B | 7.9B | 8.9B | 9.8B | 9.8B | 10.3B | |
Accounts Payable | 3.0B | 2.7B | 3.4B | 3.7B | 4.0B | 2.2B | |
Cash | 494M | 2.5B | 715M | 463M | 800M | 840M | |
Non Current Assets Total | 31.9B | 31.9B | 36.1B | 36.4B | 61.8B | 64.9B | |
Non Currrent Assets Other | 275M | 346M | 385M | 2.4B | 1.0B | 842.3M | |
Cash And Short Term Investments | 494M | 2.5B | 715M | 463M | 800M | 457.5M | |
Net Receivables | 3.5B | 3.4B | 4.0B | 4.3B | 5.4B | 5.7B | |
Liabilities And Stockholders Equity | 37.0B | 38.9B | 42.0B | 55.7B | 69.3B | 72.7B | |
Non Current Liabilities Total | 21.6B | 22.7B | 22.8B | 36.0B | 50.1B | 52.6B | |
Other Current Assets | 524M | 516M | 497M | 561M | 804M | 844.2M | |
Other Stockholder Equity | 22.2B | 1.2B | 10.5B | 10.1B | 11.6B | 12.2B | |
Total Liab | 27.6B | 29.3B | 31.4B | 45.6B | 58.8B | 61.8B | |
Total Current Assets | 5.1B | 6.9B | 5.8B | 19.3B | 7.5B | 7.9B | |
Intangible Assets | 8.9B | 8.9B | 12.3B | 12.3B | 17.9B | 18.8B | |
Inventory | 460M | 479M | 535M | 438M | 456M | 269.8M | |
Other Assets | 832M | 1.1B | 1.2B | 1.5B | 1.8B | 1.9B | |
Accumulated Other Comprehensive Income | 1.5B | 1.2B | 1.2B | (192M) | (1.4B) | (1.3B) | |
Other Current Liab | 239M | 587M | 722M | 252M | 611M | 641.6M | |
Other Liab | 4.2B | 4.4B | 4.1B | 4.4B | 5.1B | 5.4B | |
Net Tangible Assets | (3.4B) | (3.3B) | (5.8B) | (6.2B) | (5.6B) | (5.3B) | |
Long Term Debt | 16.0B | 16.8B | 17.1B | 29.9B | 39.8B | 41.7B | |
Good Will | 3.9B | 4.0B | 4.0B | 4.0B | 16.3B | 17.1B | |
Short Term Investments | 101M | 61M | 120M | 689M | 80M | 103.2M | |
Long Term Investments | 2.8B | 2.5B | 2.5B | 2.1B | 598M | 1.1B | |
Short Long Term Debt | 2.2B | 2.7B | 3.8B | 4.8B | 2.9B | 1.8B | |
Short Term Debt | 2.5B | 2.9B | 4.1B | 5.2B | 3.4B | 3.5B | |
Property Plant Equipment | 13.9B | 14.0B | 14.7B | 15.6B | 17.9B | 9.6B | |
Current Deferred Revenue | 224M | 336M | 394M | 400M | 773M | 811.7M | |
Long Term Debt Total | 17.5B | 18.3B | 18.8B | 31.6B | 36.3B | 19.7B | |
Capital Lease Obligations | 1.7B | 1.8B | 2.0B | 2.0B | 2.6B | 2.7B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rogers Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rogers Communications' short interest history, or implied volatility extrapolated from Rogers Communications options trading.
Currently Active Assets on Macroaxis
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.Note that the Rogers Communications information on this page should be used as a complementary analysis to other Rogers Communications' 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Rogers Stock analysis
When running Rogers Communications' price analysis, check to measure Rogers Communications' 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 Rogers Communications is operating at the current time. Most of Rogers Communications' value examination focuses on studying past and present price action to predict the probability of Rogers Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers Communications' price. Additionally, you may evaluate how the addition of Rogers Communications to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Rogers Communications' 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 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.