RLI Good Will vs Other Assets Analysis

RLI Stock

USD 166.34 0.98 0.59%

RLI Corp financial indicator trend analysis is much more than just breaking down RLI Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLI Corp is a good investment. Please check the relationship between RLI Corp Good Will and its Other Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. 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 economic analysis.

For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.

Good Will vs Other Assets

Good Will vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLI Corp Good Will account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between RLI Corp's Good Will and Other Assets is -0.52. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Assets in the same time period over historical financial statements of RLI Corp, assuming nothing else is changed. The correlation between historical values of RLI Corp's Good Will and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of RLI Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Good Will i.e., RLI Corp's Good Will and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Other Assets

Most indicators from RLI Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLI Corp 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 RLI Corp. 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 economic analysis.

For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.As of now, RLI Corp's Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.7B	1.5B	1.6B
Total Revenue	1.2B	1.7B	1.5B	1.6B

Gross Profit Total Revenue

RLI Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Common Stock	Accounts Payable	Good Will
Total Assets		0.69	0.97	0.55	0.96	0.08	0.89	0.57	0.16	0.85	-0.07	-0.04	0.6	0.63	0.15	0.9	0.77	0.21	0.6	0.26	0.35	-0.4	0.04	-0.4	0.5	0.19
Short Long Term Debt Total	0.69		0.56	0.81	0.49	-0.19	0.76	0.33	-0.24	0.85	0.02	0.06	0.77	0.12	-0.13	0.49	0.64	0.55	0.17	0.23	-0.04	0.06	0.54	0.06	0.16	0.15
Total Stockholder Equity	0.97	0.56		0.42	0.98	0.11	0.88	0.46	0.11	0.73	0.03	0.06	0.53	0.73	0.13	0.9	0.77	0.07	0.55	0.26	0.42	-0.34	0.01	-0.34	0.52	0.15
Net Debt	0.55	0.81	0.42		0.42	-0.26	0.57	0.49	-0.05	0.62	0.11	0.14	0.78	0.01	-0.1	0.53	0.76	0.51	0.38	-0.38	0.0	0.1	0.36	0.1	-0.03	0.28
Retained Earnings	0.96	0.49	0.98	0.42		0.14	0.82	0.59	0.22	0.71	0.02	0.06	0.48	0.68	0.18	0.93	0.74	0.11	0.69	0.16	0.44	-0.43	-0.16	-0.43	0.57	0.16
Other Assets	0.08	-0.19	0.11	-0.26	0.14		0.03	0.21	-0.04	0.02	-0.22	-0.2	-0.25	0.15	0.13	0.23	-0.19	-0.37	0.24	0.17	-0.26	-0.07	-0.16	-0.07	0.4	-0.52
Common Stock Shares Outstanding	0.89	0.76	0.88	0.57	0.82	0.03		0.31	-0.25	0.77	0.22	0.25	0.69	0.5	0.02	0.73	0.81	0.37	0.31	0.32	0.28	-0.05	0.31	-0.05	0.31	0.12
Non Current Liabilities Total	0.57	0.33	0.46	0.49	0.59	0.21	0.31		0.38	0.53	-0.23	-0.17	0.18	0.01	0.12	0.63	0.3	0.37	0.96	-0.25	0.08	-0.38	-0.52	-0.38	0.55	0.12
Other Stockholder Equity	0.16	-0.24	0.11	-0.05	0.22	-0.04	-0.25	0.38		0.07	-0.58	-0.57	-0.08	0.38	0.4	0.32	0.06	-0.41	0.46	-0.3	0.32	-0.87	-0.46	-0.87	0.12	0.25
Total Liab	0.85	0.85	0.73	0.62	0.71	0.02	0.77	0.53	0.07		-0.14	-0.08	0.74	0.35	0.09	0.67	0.62	0.38	0.44	0.3	0.14	-0.31	0.22	-0.31	0.5	0.2
Other Current Liab	-0.07	0.02	0.03	0.11	0.02	-0.22	0.22	-0.23	-0.58	-0.14		1.0	0.23	-0.25	-0.25	-0.1	0.24	0.29	-0.15	-0.1	-0.17	0.57	0.02	0.57	-0.09	0.18
Total Current Liabilities	-0.04	0.06	0.06	0.14	0.06	-0.2	0.25	-0.17	-0.57	-0.08	1.0		0.26	-0.26	-0.25	-0.06	0.25	0.32	-0.1	-0.1	-0.18	0.55	0.0	0.55	-0.02	0.18
Property Plant And Equipment Net	0.6	0.77	0.53	0.78	0.48	-0.25	0.69	0.18	-0.08	0.74	0.23	0.26		0.3	0.02	0.52	0.84	0.3	0.13	-0.12	0.18	0.01	0.52	0.01	0.03	0.3
Non Current Assets Total	0.63	0.12	0.73	0.01	0.68	0.15	0.5	0.01	0.38	0.35	-0.25	-0.26	0.3		0.25	0.69	0.54	-0.52	0.19	0.22	0.6	-0.52	0.12	-0.52	0.26	0.0
Non Currrent Assets Other	0.15	-0.13	0.13	-0.1	0.18	0.13	0.02	0.12	0.4	0.09	-0.25	-0.25	0.02	0.25		0.11	0.1	-0.17	0.17	-0.03	0.2	-0.44	-0.21	-0.44	0.01	-0.06
Net Receivables	0.9	0.49	0.9	0.53	0.93	0.23	0.73	0.63	0.32	0.67	-0.1	-0.06	0.52	0.69	0.11		0.77	-0.03	0.72	-0.03	0.38	-0.43	-0.07	-0.43	0.51	0.03
Property Plant And Equipment Gross	0.77	0.64	0.77	0.76	0.74	-0.19	0.81	0.3	0.06	0.62	0.24	0.25	0.84	0.54	0.1	0.77		0.19	0.36	-0.19	0.36	-0.13	0.32	-0.13	0.01	0.29
Total Current Assets	0.21	0.55	0.07	0.51	0.11	-0.37	0.37	0.37	-0.41	0.38	0.29	0.32	0.3	-0.52	-0.17	-0.03	0.19		0.2	0.02	0.0	0.27	0.03	0.27	-0.02	0.21
Short Term Debt	0.6	0.17	0.55	0.38	0.69	0.24	0.31	0.96	0.46	0.44	-0.15	-0.1	0.13	0.19	0.17	0.72	0.36	0.2		-0.29	0.23	-0.45	-0.63	-0.45	0.59	0.14
Cash	0.26	0.23	0.26	-0.38	0.16	0.17	0.32	-0.25	-0.3	0.3	-0.1	-0.1	-0.12	0.22	-0.03	-0.03	-0.19	0.02	-0.29		-0.06	-0.07	0.2	-0.07	0.32	-0.24
Cash And Short Term Investments	0.35	-0.04	0.42	0.0	0.44	-0.26	0.28	0.08	0.32	0.14	-0.17	-0.18	0.18	0.6	0.2	0.38	0.36	0.0	0.23	-0.06		-0.44	-0.13	-0.44	0.05	0.12
Common Stock Total Equity	-0.4	0.06	-0.34	0.1	-0.43	-0.07	-0.05	-0.38	-0.87	-0.31	0.57	0.55	0.01	-0.52	-0.44	-0.43	-0.13	0.27	-0.45	-0.07	-0.44		0.38	1.0	-0.26	-0.18
Short Term Investments	0.04	0.54	0.01	0.36	-0.16	-0.16	0.31	-0.52	-0.46	0.22	0.02	0.0	0.52	0.12	-0.21	-0.07	0.32	0.03	-0.63	0.2	-0.13	0.38		0.38	-0.44	-0.15
Common Stock	-0.4	0.06	-0.34	0.1	-0.43	-0.07	-0.05	-0.38	-0.87	-0.31	0.57	0.55	0.01	-0.52	-0.44	-0.43	-0.13	0.27	-0.45	-0.07	-0.44	1.0	0.38		-0.26	-0.18
Accounts Payable	0.5	0.16	0.52	-0.03	0.57	0.4	0.31	0.55	0.12	0.5	-0.09	-0.02	0.03	0.26	0.01	0.51	0.01	-0.02	0.59	0.32	0.05	-0.26	-0.44	-0.26		-0.12
Good Will	0.19	0.15	0.15	0.28	0.16	-0.52	0.12	0.12	0.25	0.2	0.18	0.18	0.3	0.0	-0.06	0.03	0.29	0.21	0.14	-0.24	0.12	-0.18	-0.15	-0.18	-0.12

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RLI Corp Account Relationship Matchups

RLI Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.9B	4.5B	4.8B	4.4B	4.6B
Short Long Term Debt Total	155.3M	155.5M	205.0M	199.9M	114.9M	98.2M
Total Stockholder Equity	995.4M	1.1B	1.2B	1.2B	1.4B	1.5B
Net Debt	103.1M	87.3M	110.9M	177.0M	78.5M	79.0M
Retained Earnings	1.0B	1.1B	1.2B	1.4B	1.6B	1.7B
Other Assets	(1.7B)	303.8M	343.4M	1.2B	1.4B	938.5M
Common Stock Shares Outstanding	45.3M	45.4M	45.7M	45.8M	46.1M	46.9M
Liabilities And Stockholders Equity	3.5B	3.9B	4.5B	4.8B	4.4B	4.6B
Non Current Liabilities Total	206.0M	229.7M	283.2M	3.2B	981.3M	1.0B
Other Stockholder Equity	(71.8M)	(57.6M)	(49.3M)	(40.6M)	(44.2M)	(46.4M)
Total Liab	2.6B	2.8B	3.3B	3.6B	3.0B	1.5B
Other Current Liab	(25.7M)	(42.3M)	(42.9M)	87.4M	1.8B	1.2B
Total Current Liabilities	25.7M	42.3M	42.9M	351.5M	2.0B	1.2B
Property Plant And Equipment Net	53.1M	51.4M	52.2M	49.6M	60.4M	30.5M
Non Current Assets Total	2.7B	3.0B	3.3B	95.2M	3.8B	4.0B
Non Currrent Assets Other	(56.7M)	(80.2M)	(83.5M)	(3.3B)	3.5B	3.7B
Net Receivables	544.9M	618.4M	775.4M	929.6M	978.6M	1.0B
Property Plant And Equipment Gross	55.8M	54.7M	53.1M	51.4M	59.1M	62.1M
Total Current Assets	2.6B	680.6M	864.2M	3.5B	573.1M	838.2M
Short Term Debt	6.0M	6.0M	5.4M	199.9M	104.1M	109.3M
Cash	46.2M	62.2M	88.8M	22.8M	36.4M	36.5M
Cash And Short Term Investments	2.0B	62.2M	88.8M	59.0M	1.0B	1.1B
Common Stock Total Equity	678K	681K	682K	684K	786.6K	747.3K
Short Term Investments	2.0B	2.2B	2.4B	36.2M	291.4M	276.8M
Accumulated Other Comprehensive Income	52.5M	108.7M	49.8M	(229.1M)	(152.8M)	(145.1M)
Common Stock	678K	681K	682K	684K	686K	651.7K
Accounts Payable	25.7M	42.3M	42.9M	61.1M	71.5M	37.1M
Other Current Assets	271.3M	346.7M	331.7M	2.5B	573.1M	601.7M
Other Liab	1.3B	1.9B	2.3B	1.8B	2.0B	2.1B
Treasury Stock	(401.4M)	(401.0M)	(401.3M)	(402.6M)	(362.4M)	(380.5M)
Intangible Assets	8.5M	8.1M	7.7M	7.5M	6.8M	6.4M
Property Plant Equipment	53.1M	51.4M	52.2M	49.6M	57.0M	36.2M
Long Term Debt	149.1M	149.3M	149.5M	199.7M	199.9M	141.1M
Net Tangible Assets	941.3M	1.1B	1.2B	1.1B	1.3B	948.7M
Retained Earnings Total Equity	1.0B	1.1B	1.2B	1.4B	1.7B	1.0B
Long Term Debt Total	148.9M	149.1M	149.3M	149.5M	199.7M	0.0
Capital Surpluse	321.2M	335.4M	343.7M	352.4M	405.2M	291.3M
Inventory	(271.3M)	(346.7M)	(331.7M)	(3.9B)	(3.5B)	(3.3B)
Deferred Long Term Liab	24.2M	56.7M	80.2M	83.5M	96.0M	64.9M

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When determining whether RLI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLI Corp's 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 Rli Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rli Corp Stock:

How To Invest In RLI

Details

Is RLI Stock a good investment?

Details

What is RLI Corp's Net Worth?

Details

Largest Property & Casualty Insurance Companies

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Largest Insurance - Property & Casualty Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. 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 economic analysis.

For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Is Property & Casualty Insurance 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 RLI Corp. If investors know RLI 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 RLI Corp 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

6.103

Dividend Share

1.12

Earnings Share

9.5

Revenue Per Share

38.608

Quarterly Revenue Growth

0.417

The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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RLI Good Will vs Other Assets Analysis

Good Will vs Other Assets

Good Will vs Other Assets Correlation Analysis

Correlation Coefficient

Good Will

Other Assets

RLI Corp fundamental ratios Correlations

RLI Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RLI Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Stockholder Equity	+ 0.97	Total Assets
Retained Earnings	+ 0.96	Total Assets
Short Term Debt	+ 0.96	Non Current Liabilities Total

Common Stock	- 0.87	Other Stockholder Equity
Common Stock Total Equity	- 0.87	Other Stockholder Equity
Short Term Investments	- 0.63	Short Term Debt
Other Current Liab	- 0.58	Other Stockholder Equity
Total Current Liabilities	- 0.57	Other Stockholder Equity
Common Stock	- 0.52	Non Current Assets Total