RLI Property Plant And Equipment Net vs Non Currrent Assets Other 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 Property Plant And Equipment Net and its Non Currrent Assets Other 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.

Property Plant And Equipment Net vs Non Currrent Assets Other

Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLI Corp Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between RLI Corp's Property Plant And Equipment Net and Non Currrent Assets Other is 0.02. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other 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 Property Plant And Equipment Net and Non Currrent Assets Other 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 RLI Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Net i.e., RLI Corp's Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Profit1.2B1.7B1.5B1.6B
Total Revenue1.2B1.7B1.5B1.6B

RLI Corp fundamental ratios Correlations

0.690.970.550.960.080.890.570.160.85-0.07-0.040.60.630.150.90.770.210.60.260.35-0.40.04-0.40.50.19
0.690.560.810.49-0.190.760.33-0.240.850.020.060.770.12-0.130.490.640.550.170.23-0.040.060.540.060.160.15
0.970.560.420.980.110.880.460.110.730.030.060.530.730.130.90.770.070.550.260.42-0.340.01-0.340.520.15
0.550.810.420.42-0.260.570.49-0.050.620.110.140.780.01-0.10.530.760.510.38-0.380.00.10.360.1-0.030.28
0.960.490.980.420.140.820.590.220.710.020.060.480.680.180.930.740.110.690.160.44-0.43-0.16-0.430.570.16
0.08-0.190.11-0.260.140.030.21-0.040.02-0.22-0.2-0.250.150.130.23-0.19-0.370.240.17-0.26-0.07-0.16-0.070.4-0.52
0.890.760.880.570.820.030.31-0.250.770.220.250.690.50.020.730.810.370.310.320.28-0.050.31-0.050.310.12
0.570.330.460.490.590.210.310.380.53-0.23-0.170.180.010.120.630.30.370.96-0.250.08-0.38-0.52-0.380.550.12
0.16-0.240.11-0.050.22-0.04-0.250.380.07-0.58-0.57-0.080.380.40.320.06-0.410.46-0.30.32-0.87-0.46-0.870.120.25
0.850.850.730.620.710.020.770.530.07-0.14-0.080.740.350.090.670.620.380.440.30.14-0.310.22-0.310.50.2
-0.070.020.030.110.02-0.220.22-0.23-0.58-0.141.00.23-0.25-0.25-0.10.240.29-0.15-0.1-0.170.570.020.57-0.090.18
-0.040.060.060.140.06-0.20.25-0.17-0.57-0.081.00.26-0.26-0.25-0.060.250.32-0.1-0.1-0.180.550.00.55-0.020.18
0.60.770.530.780.48-0.250.690.18-0.080.740.230.260.30.020.520.840.30.13-0.120.180.010.520.010.030.3
0.630.120.730.010.680.150.50.010.380.35-0.25-0.260.30.250.690.54-0.520.190.220.6-0.520.12-0.520.260.0
0.15-0.130.13-0.10.180.130.020.120.40.09-0.25-0.250.020.250.110.1-0.170.17-0.030.2-0.44-0.21-0.440.01-0.06
0.90.490.90.530.930.230.730.630.320.67-0.1-0.060.520.690.110.77-0.030.72-0.030.38-0.43-0.07-0.430.510.03
0.770.640.770.760.74-0.190.810.30.060.620.240.250.840.540.10.770.190.36-0.190.36-0.130.32-0.130.010.29
0.210.550.070.510.11-0.370.370.37-0.410.380.290.320.3-0.52-0.17-0.030.190.20.020.00.270.030.27-0.020.21
0.60.170.550.380.690.240.310.960.460.44-0.15-0.10.130.190.170.720.360.2-0.290.23-0.45-0.63-0.450.590.14
0.260.230.26-0.380.160.170.32-0.25-0.30.3-0.1-0.1-0.120.22-0.03-0.03-0.190.02-0.29-0.06-0.070.2-0.070.32-0.24
0.35-0.040.420.00.44-0.260.280.080.320.14-0.17-0.180.180.60.20.380.360.00.23-0.06-0.44-0.13-0.440.050.12
-0.40.06-0.340.1-0.43-0.07-0.05-0.38-0.87-0.310.570.550.01-0.52-0.44-0.43-0.130.27-0.45-0.07-0.440.381.0-0.26-0.18
0.040.540.010.36-0.16-0.160.31-0.52-0.460.220.020.00.520.12-0.21-0.070.320.03-0.630.2-0.130.380.38-0.44-0.15
-0.40.06-0.340.1-0.43-0.07-0.05-0.38-0.87-0.310.570.550.01-0.52-0.44-0.43-0.130.27-0.45-0.07-0.441.00.38-0.26-0.18
0.50.160.52-0.030.570.40.310.550.120.5-0.09-0.020.030.260.010.510.01-0.020.590.320.05-0.26-0.44-0.26-0.12
0.190.150.150.280.16-0.520.120.120.250.20.180.180.30.0-0.060.030.290.210.14-0.240.12-0.18-0.15-0.18-0.12
Click cells to compare fundamentals

RLI Corp Account Relationship Matchups

RLI Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.9B4.5B4.8B4.4B4.6B
Short Long Term Debt Total155.3M155.5M205.0M199.9M114.9M98.2M
Total Stockholder Equity995.4M1.1B1.2B1.2B1.4B1.5B
Net Debt103.1M87.3M110.9M177.0M78.5M79.0M
Retained Earnings1.0B1.1B1.2B1.4B1.6B1.7B
Other Assets(1.7B)303.8M343.4M1.2B1.4B938.5M
Common Stock Shares Outstanding45.3M45.4M45.7M45.8M46.1M46.9M
Liabilities And Stockholders Equity3.5B3.9B4.5B4.8B4.4B4.6B
Non Current Liabilities Total206.0M229.7M283.2M3.2B981.3M1.0B
Other Stockholder Equity(71.8M)(57.6M)(49.3M)(40.6M)(44.2M)(46.4M)
Total Liab2.6B2.8B3.3B3.6B3.0B1.5B
Other Current Liab(25.7M)(42.3M)(42.9M)87.4M1.8B1.2B
Total Current Liabilities25.7M42.3M42.9M351.5M2.0B1.2B
Property Plant And Equipment Net53.1M51.4M52.2M49.6M60.4M30.5M
Non Current Assets Total2.7B3.0B3.3B95.2M3.8B4.0B
Non Currrent Assets Other(56.7M)(80.2M)(83.5M)(3.3B)3.5B3.7B
Net Receivables544.9M618.4M775.4M929.6M978.6M1.0B
Property Plant And Equipment Gross55.8M54.7M53.1M51.4M59.1M62.1M
Total Current Assets2.6B680.6M864.2M3.5B573.1M838.2M
Short Term Debt6.0M6.0M5.4M199.9M104.1M109.3M
Cash46.2M62.2M88.8M22.8M36.4M36.5M
Cash And Short Term Investments2.0B62.2M88.8M59.0M1.0B1.1B
Common Stock Total Equity678K681K682K684K786.6K747.3K
Short Term Investments2.0B2.2B2.4B36.2M291.4M276.8M
Accumulated Other Comprehensive Income52.5M108.7M49.8M(229.1M)(152.8M)(145.1M)
Common Stock678K681K682K684K686K651.7K
Accounts Payable25.7M42.3M42.9M61.1M71.5M37.1M
Other Current Assets271.3M346.7M331.7M2.5B573.1M601.7M
Other Liab1.3B1.9B2.3B1.8B2.0B2.1B
Treasury Stock(401.4M)(401.0M)(401.3M)(402.6M)(362.4M)(380.5M)
Intangible Assets8.5M8.1M7.7M7.5M6.8M6.4M
Property Plant Equipment53.1M51.4M52.2M49.6M57.0M36.2M
Long Term Debt149.1M149.3M149.5M199.7M199.9M141.1M
Net Tangible Assets941.3M1.1B1.2B1.1B1.3B948.7M
Retained Earnings Total Equity1.0B1.1B1.2B1.4B1.7B1.0B
Long Term Debt Total148.9M149.1M149.3M149.5M199.7M0.0
Capital Surpluse321.2M335.4M343.7M352.4M405.2M291.3M
Inventory(271.3M)(346.7M)(331.7M)(3.9B)(3.5B)(3.3B)
Deferred Long Term Liab24.2M56.7M80.2M83.5M96.0M64.9M

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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:
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.