RBC Inventory vs Short Long Term Debt Total Analysis

RBC Stock  USD 313.48  0.01  0%   
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 Inventory and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Inventory vs Short Long Term Debt Total

Inventory vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RBC Bearings Inventory account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between RBC Bearings' Inventory and Short Long Term Debt Total is 0.72. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of RBC Bearings Incorporated, assuming nothing else is changed. The correlation between historical values of RBC Bearings' Inventory and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of RBC Bearings Incorporated are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Inventory i.e., RBC Bearings' Inventory and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Short Long Term Debt Total

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 Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, RBC Bearings' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 36.48, whereas Tax Provision is forecasted to decline to about 39 M.
 2021 2022 2023 2024 (projected)
Total Revenue942.9M1.5B1.6B1.6B
Interest Expense41.5M76.7M78.7M82.6M

RBC Bearings fundamental ratios Correlations

0.50.680.490.410.640.430.46-0.30.550.390.60.40.740.720.140.450.590.430.570.690.52-0.80.740.370.45
0.50.681.00.970.880.161.0-0.750.990.970.950.980.420.920.610.990.930.990.980.830.98-0.130.560.121.0
0.680.680.710.720.64-0.010.68-0.420.710.670.720.680.690.690.470.680.60.670.660.770.74-0.370.97-0.060.67
0.491.00.710.980.870.121.0-0.750.990.980.950.980.440.90.650.990.910.990.970.830.98-0.10.590.061.0
0.410.970.720.980.760.080.98-0.710.941.00.871.00.40.820.630.990.880.970.910.740.97-0.090.590.00.98
0.640.880.640.870.760.190.86-0.680.930.760.980.770.490.970.580.830.850.860.950.950.83-0.20.540.230.85
0.430.16-0.010.120.080.190.130.250.110.140.110.140.20.36-0.210.130.210.040.180.120.21-0.420.060.940.12
0.461.00.681.00.980.860.13-0.760.980.980.940.990.40.890.611.00.930.990.970.810.98-0.110.550.081.0
-0.3-0.75-0.42-0.75-0.71-0.680.25-0.76-0.75-0.7-0.76-0.7-0.2-0.64-0.48-0.76-0.79-0.8-0.77-0.58-0.670.08-0.290.25-0.77
0.550.990.710.990.940.930.110.98-0.750.930.980.940.440.940.630.970.930.980.990.890.96-0.160.580.070.98
0.390.970.670.981.00.760.140.98-0.70.930.861.00.380.820.60.990.880.970.910.720.97-0.060.550.060.98
0.60.950.720.950.870.980.110.94-0.760.980.860.870.50.960.640.920.90.940.990.940.91-0.180.60.120.93
0.40.980.680.981.00.770.140.99-0.70.941.00.870.390.830.610.990.880.970.920.740.98-0.070.550.060.99
0.740.420.690.440.40.490.20.4-0.20.440.380.50.390.520.360.390.340.370.440.580.47-0.340.780.160.39
0.720.920.690.90.820.970.360.89-0.640.940.820.960.830.520.520.880.90.870.960.930.88-0.340.60.360.89
0.140.610.470.650.630.58-0.210.61-0.480.630.60.640.610.360.520.610.450.630.590.620.570.240.35-0.180.61
0.450.990.680.990.990.830.131.0-0.760.970.990.920.990.390.880.610.920.990.960.790.98-0.10.550.061.0
0.590.930.60.910.880.850.210.93-0.790.930.880.90.880.340.90.450.920.920.940.780.88-0.360.480.140.93
0.430.990.670.990.970.860.040.99-0.80.980.970.940.970.370.870.630.990.920.970.820.95-0.080.530.00.99
0.570.980.660.970.910.950.180.97-0.770.990.910.990.920.440.960.590.960.940.970.890.94-0.180.540.160.97
0.690.830.770.830.740.950.120.81-0.580.890.720.940.740.580.930.620.790.780.820.890.79-0.280.690.170.8
0.520.980.740.980.970.830.210.98-0.670.960.970.910.980.470.880.570.980.880.950.940.79-0.140.640.130.97
-0.8-0.13-0.37-0.1-0.09-0.2-0.42-0.110.08-0.16-0.06-0.18-0.07-0.34-0.340.24-0.1-0.36-0.08-0.18-0.28-0.14-0.46-0.31-0.1
0.740.560.970.590.590.540.060.55-0.290.580.550.60.550.780.60.350.550.480.530.540.690.64-0.46-0.010.53
0.370.12-0.060.060.00.230.940.080.250.070.060.120.060.160.36-0.180.060.140.00.160.170.13-0.31-0.010.06
0.451.00.671.00.980.850.121.0-0.770.980.980.930.990.390.890.611.00.930.990.970.80.97-0.10.530.06
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RBC Bearings Account Relationship Matchups

RBC Bearings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding24.9M25.0M27.3M29.1M29.2M22.0M
Total Assets1.3B1.4B4.8B4.7B4.7B4.9B
Short Long Term Debt Total1.1B848.7M1.7B2.0B1.3B1.4B
Total Current Liabilities103.8M88.2M313.5M309.3M294.3M309.0M
Net Debt(51.1M)(99.3M)1.6B1.4B1.2B1.3B
Retained Earnings769.2M858.9M911.9M1.0B1.2B1.3B
Cash103.3M151.1M182.9M65.4M63.5M56.2M
Non Current Assets Total709.9M706.1M3.9B3.8B3.7B3.9B
Non Currrent Assets Other20.6M30.2M38.3M(258M)(240.9M)(228.9M)
Net Receivables129.0M110.5M247.5M239.6M262.1M275.2M
Liabilities And Stockholders Equity1.3B1.4B4.8B4.7B4.7B4.9B
Non Current Liabilities Total100.2M116.1M2.2B1.8B1.6B1.7B
Inventory367.5M364.1M516.1M587.2M622.8M653.9M
Total Liab203.9M204.3M2.5B2.2B1.9B2.0B
Property Plant And Equipment Gross676M628.9M683.6M713.7M739.4M477.3M
Total Current Assets612.0M728.2M962.2M913.3M965.5M1.0B
Accumulated Other Comprehensive Income(6.9M)(10.4M)(5.8M)(4.1M)700.0K735.0K
Short Term Debt12.1M8.3M13.5M14.3M16.5M17.3M
Intangible Assets162.7M154.4M1.5B1.5B1.4B1.5B
Other Current Liab29.5M26.6M121.8M127.6M139.1M146.1M
Total Stockholder Equity1.1B1.2B2.4B2.5B2.8B2.9B
Other Liab295.2M300.9M349.6M388.6M446.9M469.2M
Accounts Payable51.0M36.3M158.6M146.8M116.2M122.0M
Other Assets78.5M60.3M38.3M37.7M33.9M57.7M
Long Term Debt1.1B840.4M1.7B2.0B1.2B936.1M
Cash And Short Term Investments103.3M241.3M182.9M65.4M63.5M65.6M
Good Will277.8M277.5M1.9B1.9B1.9B2.0B
Other Current Assets12.3M12.2M15.7M21.1M17.1M13.7M
Other Stockholder Equity355.4M381.2M1.5B1.5B1.5B1.6B
Common Stock259K261K298K300K345K247.5K
Property Plant Equipment605M2.7B431.3M416.7M479.2M567.6M
Property Plant And Equipment Net248.8M243.9M431.3M416.7M402.4M422.5M
Current Deferred Revenue11.1M17.0M19.6M20.6M22.5M13.5M
Net Tangible Assets333.6M551M(1.0B)227.6M204.8M164.8M
Noncontrolling Interest In Consolidated Entity28M29.3M32.6M34.4M31.0M29.9M
Retained Earnings Total Equity1.8B1.9B2.0B2.1B2.4B1.6B
Long Term Debt Total1.1B840.4M1.7B2.0B2.3B1.2B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether RBC Bearings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' 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 Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Electrical Components & Equipment 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 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
0.044
Earnings Share
6.87
Revenue Per Share
54.835
Quarterly Revenue Growth
0.032
Return On Assets
0.0475
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.