RH Total Current Liabilities vs Good Will Analysis

RH Stock  USD 398.95  12.86  3.33%   
RH financial indicator trend analysis is much more than just breaking down RH prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RH is a good investment. Please check the relationship between RH Total Current Liabilities and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in RH Stock please use our How to Invest in RH guide.

Total Current Liabilities vs Good Will

Total Current Liabilities vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RH Total Current Liabilities account and Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between RH's Total Current Liabilities and Good Will is 0.36. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Good Will in the same time period over historical financial statements of RH, assuming nothing else is changed. The correlation between historical values of RH's Total Current Liabilities and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of RH are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Liabilities i.e., RH's Total Current Liabilities and Good Will go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on RH balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RH are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from RH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RH 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 RH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in RH Stock please use our How to Invest in RH guide.As of now, RH's Tax Provision is increasing as compared to previous years. The RH's current Enterprise Value Over EBITDA is estimated to increase to 17.87, while Selling General Administrative is projected to decrease to under 451.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.8B1.4B1.5B
Total Revenue3.8B3.6B3.0B1.6B

RH fundamental ratios Correlations

0.150.60.290.070.960.950.630.850.920.750.180.750.930.930.750.850.36-0.390.950.670.190.840.820.42-0.39
0.150.480.420.69-0.12-0.160.21-0.06-0.21-0.470.810.52-0.15-0.140.56-0.150.49-0.26-0.120.470.61-0.360.6-0.05-0.26
0.60.480.070.110.470.410.80.610.410.10.570.750.440.430.740.410.17-0.050.420.38-0.030.270.720.35-0.05
0.290.420.070.490.180.130.190.260.180.10.180.110.210.180.160.250.61-0.530.160.630.560.140.320.12-0.53
0.070.690.110.49-0.12-0.150.110.04-0.11-0.220.130.07-0.05-0.150.110.00.55-0.47-0.150.40.76-0.140.220.06-0.47
0.96-0.120.470.18-0.121.00.570.870.980.89-0.040.610.980.970.60.90.23-0.330.990.550.030.940.660.43-0.33
0.95-0.160.410.13-0.151.00.50.830.970.9-0.070.60.970.980.590.880.17-0.281.00.510.00.950.640.4-0.28
0.630.210.80.190.110.570.50.830.550.330.190.520.580.450.510.580.36-0.290.490.46-0.010.480.560.48-0.29
0.85-0.060.610.260.040.870.830.830.870.74-0.10.50.880.820.490.910.36-0.450.810.550.030.850.570.61-0.45
0.92-0.210.410.18-0.110.980.970.550.870.94-0.180.461.00.960.450.890.22-0.310.970.50.00.980.520.42-0.31
0.75-0.470.10.1-0.220.890.90.330.740.94-0.450.20.920.890.180.830.12-0.270.890.36-0.070.980.260.38-0.27
0.180.810.570.180.13-0.04-0.070.19-0.1-0.18-0.450.66-0.15-0.040.69-0.190.230.01-0.030.320.22-0.360.64-0.120.01
0.750.520.750.110.070.610.60.520.50.460.20.660.490.561.00.460.16-0.130.620.470.130.340.950.21-0.13
0.93-0.150.440.21-0.050.980.970.580.881.00.92-0.150.490.960.480.890.27-0.350.960.540.050.970.560.42-0.35
0.93-0.140.430.18-0.150.970.980.450.820.960.89-0.040.560.960.550.890.23-0.330.980.550.050.930.620.44-0.33
0.750.560.740.160.110.60.590.510.490.450.180.691.00.480.550.450.19-0.140.610.50.170.320.960.21-0.14
0.85-0.150.410.250.00.90.880.580.910.890.83-0.190.460.890.890.450.31-0.40.860.590.060.90.550.74-0.4
0.360.490.170.610.550.230.170.360.360.220.120.230.160.270.230.190.31-0.860.190.850.810.160.420.31-0.86
-0.39-0.26-0.05-0.53-0.47-0.33-0.28-0.29-0.45-0.31-0.270.01-0.13-0.35-0.33-0.14-0.4-0.86-0.29-0.65-0.7-0.3-0.33-0.211.0
0.95-0.120.420.16-0.150.991.00.490.810.970.89-0.030.620.960.980.610.860.19-0.290.530.030.930.650.37-0.29
0.670.470.380.630.40.550.510.460.550.50.360.320.470.540.550.50.590.85-0.650.530.690.430.720.47-0.65
0.190.61-0.030.560.760.030.0-0.010.030.0-0.070.220.130.050.050.170.060.81-0.70.030.69-0.050.360.05-0.7
0.84-0.360.270.14-0.140.940.950.480.850.980.98-0.360.340.970.930.320.90.16-0.30.930.43-0.050.40.46-0.3
0.820.60.720.320.220.660.640.560.570.520.260.640.950.560.620.960.550.42-0.330.650.720.360.40.32-0.33
0.42-0.050.350.120.060.430.40.480.610.420.38-0.120.210.420.440.210.740.31-0.210.370.470.050.460.32-0.21
-0.39-0.26-0.05-0.53-0.47-0.33-0.28-0.29-0.45-0.31-0.270.01-0.13-0.35-0.33-0.14-0.4-0.861.0-0.29-0.65-0.7-0.3-0.33-0.21
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RH Account Relationship Matchups

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in RH Stock please use our How to Invest in RH guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Homefurnishing Retail 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 RH. If investors know RH 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 RH 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
(0.57)
Earnings Share
2.08
Revenue Per Share
166.229
Quarterly Revenue Growth
0.036
Return On Assets
0.038
The market value of RH is measured differently than its book value, which is the value of RH that is recorded on the company's balance sheet. Investors also form their own opinion of RH's value that differs from its market value or its book value, called intrinsic value, which is RH's 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 RH's market value can be influenced by many factors that don't directly affect RH's 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 RH's value and its price as these two are different measures arrived at by different means. Investors typically determine if RH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RH's 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.