RSSOFTWARE Property Plant And Equipment Net vs Inventory Analysis

RSSOFTWARE   227.53  8.31  3.79%   
R S financial indicator trend analysis is much more than just breaking down R S Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether R S Software is a good investment. Please check the relationship between R S Property Plant And Equipment Net and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in R S Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Property Plant And Equipment Net vs Inventory

Property Plant And Equipment Net vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of R S Software Property Plant And Equipment Net account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between R S's Property Plant And Equipment Net and Inventory is 0.55. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Inventory in the same time period over historical financial statements of R S Software, assuming nothing else is changed. The correlation between historical values of R S's Property Plant And Equipment Net and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of R S Software are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Net i.e., R S's Property Plant And Equipment Net and Inventory go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Inventory

Most indicators from R S's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into R S Software 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 R S Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to climb to about 99.3 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5K2.2M2.5M2.3M
Depreciation And Amortization42.0M40.6M46.7M35.5M

R S fundamental ratios Correlations

-0.29-0.170.450.970.19-0.860.850.780.880.920.510.03-0.30.20.040.270.97-0.250.00.610.81-0.220.920.430.09
-0.29-0.33-0.49-0.250.290.47-0.380.05-0.25-0.3-0.51-0.440.760.59-0.14-0.05-0.39-0.140.690.06-0.080.23-0.04-0.25-0.2
-0.17-0.330.62-0.320.220.07-0.07-0.29-0.24-0.280.280.02-0.03-0.410.120.59-0.150.55-0.170.17-0.3-0.45-0.240.090.28
0.45-0.490.620.40.39-0.550.520.30.440.430.58-0.16-0.26-0.330.230.830.480.06-0.080.670.22-0.620.430.270.33
0.97-0.25-0.320.40.18-0.840.810.830.890.940.490.0-0.320.22-0.010.210.94-0.350.060.560.81-0.170.940.440.06
0.190.290.220.390.18-0.080.160.410.250.080.49-0.660.6-0.210.40.720.1-0.330.740.720.04-0.740.430.460.55
-0.860.470.07-0.55-0.84-0.08-0.99-0.48-0.74-0.91-0.5-0.180.390.01-0.23-0.32-0.930.10.17-0.59-0.620.34-0.76-0.37-0.21
0.85-0.38-0.070.520.810.16-0.990.460.740.90.480.13-0.250.00.30.360.92-0.09-0.080.650.63-0.390.770.370.25
0.780.05-0.290.30.830.41-0.480.460.670.610.45-0.21-0.090.32-0.230.240.62-0.460.30.50.55-0.120.830.5-0.07
0.88-0.25-0.240.440.890.25-0.740.740.670.910.39-0.14-0.160.040.30.340.88-0.320.130.660.88-0.350.890.220.14
0.92-0.3-0.280.430.940.08-0.910.90.610.910.350.04-0.320.160.150.240.97-0.240.00.60.87-0.20.890.240.06
0.51-0.510.280.580.490.49-0.50.480.450.390.350.0-0.16-0.450.260.470.49-0.15-0.090.360.08-0.580.470.810.67
0.03-0.440.02-0.160.0-0.66-0.180.13-0.21-0.140.040.0-0.53-0.02-0.17-0.460.10.68-0.79-0.51-0.040.4-0.250.03-0.25
-0.30.76-0.03-0.26-0.320.60.39-0.25-0.09-0.16-0.32-0.16-0.530.010.360.32-0.35-0.10.730.26-0.17-0.27-0.05-0.050.22
0.20.59-0.41-0.330.22-0.210.010.00.320.040.16-0.45-0.020.01-0.55-0.320.11-0.060.15-0.010.330.590.24-0.25-0.48
0.04-0.140.120.23-0.010.4-0.230.3-0.230.30.150.26-0.170.36-0.550.430.150.020.10.450.06-0.690.10.130.7
0.27-0.050.590.830.210.72-0.320.360.240.340.240.47-0.460.32-0.320.430.270.010.340.810.12-0.760.390.240.45
0.97-0.39-0.150.480.940.1-0.930.920.620.880.970.490.1-0.350.110.150.27-0.18-0.090.590.83-0.240.880.360.15
-0.25-0.140.550.06-0.35-0.330.1-0.09-0.46-0.32-0.24-0.150.68-0.1-0.060.020.01-0.18-0.46-0.26-0.160.12-0.38-0.13-0.1
0.00.69-0.17-0.080.060.740.17-0.080.30.130.0-0.09-0.790.730.150.10.34-0.09-0.460.480.14-0.320.340.050.1
0.610.060.170.670.560.72-0.590.650.50.660.60.36-0.510.26-0.010.450.810.59-0.260.480.51-0.680.730.230.35
0.81-0.08-0.30.220.810.04-0.620.630.550.880.870.08-0.04-0.170.330.060.120.83-0.160.140.51-0.040.810.0-0.12
-0.220.23-0.45-0.62-0.17-0.740.34-0.39-0.12-0.35-0.2-0.580.4-0.270.59-0.69-0.76-0.240.12-0.32-0.68-0.04-0.33-0.34-0.67
0.92-0.04-0.240.430.940.43-0.760.770.830.890.890.47-0.25-0.050.240.10.390.88-0.380.340.730.81-0.330.430.17
0.43-0.250.090.270.440.46-0.370.370.50.220.240.810.03-0.05-0.250.130.240.36-0.130.050.230.0-0.340.430.58
0.09-0.20.280.330.060.55-0.210.25-0.070.140.060.67-0.250.22-0.480.70.450.15-0.10.10.35-0.12-0.670.170.58
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R S Account Relationship Matchups

R S fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets885.5M715.6M478.5M432.1M683.3M1.3B
Other Current Liab41.8M31.6M56.6M65.7M134.2M140.9M
Total Current Liabilities78.7M52.6M71.2M90.7M163.8M110.2M
Total Stockholder Equity750.9M545.2M387.8M302.7M481.9M457.8M
Property Plant And Equipment Net33.7M25.5M15.6M41.1M33.0M31.4M
Net Debt(117.1M)(32.6M)(45.8M)(44.0M)(206.8M)(217.1M)
Cash117.1M110.6M46.7M68.1M222.3M275.9M
Non Current Assets Total286.8M259.3M146.9M142.7M136.4M129.6M
Non Currrent Assets Other(199.8M)57.6M41.7M(95.5M)34.2M32.5M
Cash And Short Term Investments292.5M156.0M128.3M82.3M222.3M211.2M
Net Receivables114.7M154.5M82.0M162.4M231.2M172.1M
Liabilities And Stockholders Equity885.5M715.6M478.5M432.1M683.3M1.3B
Non Current Liabilities Total21.4M94.1M10.0M34.5M28.4M41.3M
Other Current Assets306.2M141.3M65.5M45.6M93.4M153.4M
Other Stockholder Equity(524.9M)243.9M244.9M270.0M239.3M191.5M
Total Liab100.2M146.8M81.2M125.1M192.2M151.5M
Total Current Assets598.7M456.4M331.6M289.5M546.9M875.3M
Accumulated Other Comprehensive Income(72.8M)(7.2M)(13.4M)(19.6M)357.9M375.8M
Short Term Debt23.5M4.9M917K2.8M(19.6M)(18.6M)
Accounts Payable36.9M21.0M14.6M25.0M29.6M56.7M
Short Term Investments175.4M45.4M81.6M14.2M126.5M249.5M
Intangible Assets166.2M126.5M88.1M54.5M66.9M75.8M
Retained Earnings384.6M172.7M14.4M(67.0M)114.0M108.3M
Other Liab25.4M21.4M16.1M9.1M8.2M7.8M
Net Tangible Assets1.5B584.7M418.8M299.7M269.7M256.2M
Property Plant Equipment33.7M25.5M15.6M41.1M36.9M48.5M
Current Deferred Revenue4.9M917K2.8M19.6M22.5M23.7M
Cash And Equivalents123.6M115.7M103.0M73.9M66.5M63.2M
Net Invested Capital750.9M557.0M392.5M302.7M486.5M685.0M
Net Working Capital520.0M403.7M260.3M198.8M383.0M430.0M

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