CHRW Net Invested Capital vs Accumulated Depreciation Analysis

CHRW Stock  USD 105.58  0.33  0.31%   
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 Net Invested Capital 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Invested Capital vs Accumulated Depreciation

Net Invested Capital 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 Net Invested Capital account and Accumulated Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CH Robinson's Net Invested Capital and Accumulated Depreciation is 0.43. Overlapping area represents the amount of variation of Net Invested Capital 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 Net Invested Capital 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 Net Invested Capital 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 Net Invested Capital i.e., CH Robinson's Net Invested Capital and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 closely tied 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

0.940.920.840.740.780.780.990.340.82-0.280.330.980.83-0.75-0.540.33-0.720.880.530.980.090.230.190.550.74
0.940.940.720.690.770.730.950.140.73-0.440.130.970.72-0.68-0.580.25-0.690.870.480.96-0.150.10.070.610.67
0.920.940.660.630.790.710.940.150.73-0.520.140.930.73-0.68-0.430.23-0.690.860.410.92-0.090.160.140.540.58
0.840.720.660.590.440.610.820.610.680.060.60.810.72-0.51-0.570.19-0.450.640.410.830.360.540.520.290.57
0.740.690.630.590.830.920.710.30.92-0.330.320.670.84-0.88-0.440.76-0.890.870.910.68-0.10.120.070.840.89
0.780.770.790.440.830.920.760.050.91-0.410.070.750.87-0.94-0.290.56-0.940.960.780.74-0.180.04-0.010.840.89
0.780.730.710.610.920.920.770.280.97-0.320.310.730.93-0.96-0.330.63-0.970.950.890.74-0.110.270.210.880.92
0.990.950.940.820.710.760.770.340.79-0.280.330.990.79-0.72-0.560.31-0.710.880.510.990.00.250.210.560.72
0.340.140.150.610.30.050.280.340.30.21.00.290.33-0.17-0.310.28-0.130.230.160.350.420.460.49-0.060.28
0.820.730.730.680.920.910.970.790.3-0.260.320.750.98-0.95-0.390.58-0.930.940.840.750.070.280.230.790.91
-0.28-0.44-0.520.06-0.33-0.41-0.32-0.280.2-0.260.2-0.29-0.190.29-0.08-0.170.43-0.36-0.14-0.260.390.210.21-0.42-0.11
0.330.130.140.60.320.070.310.331.00.320.20.280.35-0.19-0.310.3-0.160.240.190.340.40.470.5-0.030.3
0.980.970.930.810.670.750.730.990.290.75-0.290.280.75-0.68-0.610.26-0.660.870.470.99-0.040.170.150.540.7
0.830.720.730.720.840.870.930.790.330.98-0.190.350.75-0.91-0.370.47-0.870.910.760.750.20.350.310.70.87
-0.75-0.68-0.68-0.51-0.88-0.94-0.96-0.72-0.17-0.950.29-0.19-0.68-0.910.24-0.630.97-0.91-0.87-0.680.08-0.12-0.04-0.86-0.93
-0.54-0.58-0.43-0.57-0.44-0.29-0.33-0.56-0.31-0.39-0.08-0.31-0.61-0.370.24-0.230.22-0.45-0.31-0.570.070.10.09-0.27-0.42
0.330.250.230.190.760.560.630.310.280.58-0.170.30.260.47-0.63-0.23-0.660.530.790.28-0.29-0.06-0.120.630.66
-0.72-0.69-0.69-0.45-0.89-0.94-0.97-0.71-0.13-0.930.43-0.16-0.66-0.870.970.22-0.66-0.92-0.88-0.660.21-0.15-0.08-0.92-0.9
0.880.870.860.640.870.960.950.880.230.94-0.360.240.870.91-0.91-0.450.53-0.920.770.87-0.140.160.120.810.9
0.530.480.410.410.910.780.890.510.160.84-0.140.190.470.76-0.87-0.310.79-0.880.770.47-0.250.130.050.910.88
0.980.960.920.830.680.740.740.990.350.75-0.260.340.990.75-0.68-0.570.28-0.660.870.47-0.010.220.190.520.71
0.09-0.15-0.090.36-0.1-0.18-0.110.00.420.070.390.4-0.040.20.080.07-0.290.21-0.14-0.25-0.010.380.43-0.49-0.07
0.230.10.160.540.120.040.270.250.460.280.210.470.170.35-0.120.1-0.06-0.150.160.130.220.380.99-0.010.09
0.190.070.140.520.07-0.010.210.210.490.230.210.50.150.31-0.040.09-0.12-0.080.120.050.190.430.99-0.090.03
0.550.610.540.290.840.840.880.56-0.060.79-0.42-0.030.540.7-0.86-0.270.63-0.920.810.910.52-0.49-0.01-0.090.81
0.740.670.580.570.890.890.920.720.280.91-0.110.30.70.87-0.93-0.420.66-0.90.90.880.71-0.070.090.030.81
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CH Robinson Account Relationship Matchups

CH Robinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Liab289.0M468.6M755.0M639.5M434.4M241.0M
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 Payable1.1B1.2B1.8B1.5B1.3B748.3M
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 Assets217.9M51.2M94.6M122.4M163.3M171.5M
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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