Rayonier Good Will vs Net Tangible Assets Analysis

RYN Stock  USD 26.18  0.24  0.91%   
Rayonier financial indicator trend analysis is much more than just breaking down Rayonier prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rayonier is a good investment. Please check the relationship between Rayonier Good Will and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayonier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Rayonier Stock, please use our How to Invest in Rayonier guide.

Good Will vs Net Tangible Assets

Good Will vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rayonier Good Will account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rayonier's Good Will and Net Tangible Assets is 0.32. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Rayonier, assuming nothing else is changed. The correlation between historical values of Rayonier's Good Will and Net Tangible 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 Rayonier are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Good Will i.e., Rayonier's Good Will and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Rayonier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rayonier 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 Rayonier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Rayonier Stock, please use our How to Invest in Rayonier guide.At this time, Rayonier's Issuance Of Capital Stock is very stable compared to the past year. As of the 23rd of December 2024, Enterprise Value is likely to grow to about 6.5 B, while Selling General Administrative is likely to drop about 44.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue1.1B909.1M1.1B870.9M
Depreciation And Amortization851.6M758.8M158.2M219.3M

Rayonier fundamental ratios Correlations

0.77-0.08-0.280.870.10.93-0.16-0.210.590.980.090.59-0.030.860.96-0.180.14-0.460.920.3-0.29-0.080.640.680.18
0.77-0.19-0.40.660.010.79-0.19-0.270.360.780.070.36-0.150.690.78-0.220.06-0.370.710.10.36-0.130.480.53-0.01
-0.08-0.190.46-0.250.18-0.170.590.710.22-0.220.290.220.67-0.330.00.680.690.460.110.63-0.120.72-0.4-0.440.36
-0.28-0.40.46-0.460.11-0.340.080.650.28-0.44-0.170.280.61-0.38-0.250.680.360.13-0.020.65-0.080.65-0.38-0.410.45
0.870.66-0.25-0.460.00.72-0.1-0.450.60.880.10.6-0.330.910.74-0.39-0.02-0.480.650.12-0.23-0.360.630.68-0.24
0.10.010.180.110.00.09-0.160.240.120.03-0.610.120.290.220.190.1-0.07-0.30.240.22-0.150.150.570.480.08
0.930.79-0.17-0.340.720.09-0.23-0.180.320.93-0.020.320.00.730.96-0.130.14-0.460.910.16-0.22-0.010.550.60.28
-0.16-0.190.590.08-0.1-0.16-0.230.480.08-0.250.310.080.41-0.36-0.10.460.690.45-0.080.36-0.040.48-0.46-0.47-0.08
-0.21-0.270.710.65-0.450.24-0.180.480.02-0.38-0.250.020.97-0.46-0.020.970.810.40.130.7-0.090.93-0.42-0.460.49
0.590.360.220.280.60.120.320.080.020.450.171.00.070.560.480.070.2-0.270.560.71-0.190.080.370.390.02
0.980.78-0.22-0.440.880.030.93-0.25-0.380.450.120.45-0.20.880.92-0.350.0-0.490.840.09-0.25-0.250.650.710.1
0.090.070.29-0.170.1-0.61-0.020.31-0.250.170.120.17-0.28-0.1-0.01-0.20.040.21-0.06-0.060.0-0.14-0.31-0.25-0.01
0.590.360.220.280.60.120.320.080.021.00.450.170.070.560.480.070.2-0.270.560.71-0.190.080.370.390.02
-0.03-0.150.670.61-0.330.290.00.410.970.07-0.2-0.280.07-0.30.160.920.830.30.310.72-0.170.91-0.27-0.310.57
0.860.69-0.33-0.380.910.220.73-0.36-0.460.560.88-0.10.56-0.30.75-0.47-0.16-0.640.680.07-0.15-0.430.830.87-0.18
0.960.780.0-0.250.740.190.96-0.1-0.020.480.92-0.010.480.160.75-0.010.28-0.420.970.36-0.260.10.580.620.29
-0.18-0.220.680.68-0.390.1-0.130.460.970.07-0.35-0.20.070.92-0.47-0.010.820.410.150.74-0.070.96-0.52-0.550.53
0.140.060.690.36-0.02-0.070.140.690.810.20.00.040.20.83-0.160.280.820.350.370.7-0.10.81-0.38-0.380.31
-0.46-0.370.460.13-0.48-0.3-0.460.450.4-0.27-0.490.21-0.270.3-0.64-0.420.410.35-0.410.090.140.37-0.71-0.730.15
0.920.710.11-0.020.650.240.91-0.080.130.560.84-0.060.560.310.680.970.150.37-0.410.52-0.290.250.530.560.4
0.30.10.630.650.120.220.160.360.70.710.09-0.060.710.720.070.360.740.70.090.52-0.210.74-0.06-0.070.43
-0.290.36-0.12-0.08-0.23-0.15-0.22-0.04-0.09-0.19-0.250.0-0.19-0.17-0.15-0.26-0.07-0.10.14-0.29-0.21-0.08-0.19-0.19-0.28
-0.08-0.130.720.65-0.360.15-0.010.480.930.08-0.25-0.140.080.91-0.430.10.960.810.370.250.74-0.08-0.48-0.520.64
0.640.48-0.4-0.380.630.570.55-0.46-0.420.370.65-0.310.37-0.270.830.58-0.52-0.38-0.710.53-0.06-0.19-0.480.99-0.18
0.680.53-0.44-0.410.680.480.6-0.47-0.460.390.71-0.250.39-0.310.870.62-0.55-0.38-0.730.56-0.07-0.19-0.520.99-0.18
0.18-0.010.360.45-0.240.080.28-0.080.490.020.1-0.010.020.57-0.180.290.530.310.150.40.43-0.280.64-0.18-0.18
Click cells to compare fundamentals

Rayonier Account Relationship Matchups

Rayonier fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.7B3.6B3.8B3.6B2.6B
Short Long Term Debt Total1.1B1.5B1.5B1.6B1.5B1.0B
Other Current Liab39.6M98.2M53.1M(74.5M)90.3M55.6M
Total Current Liabilities151.2M98.2M231.7M95.3M140.3M140.6M
Total Stockholder Equity1.4B1.5B1.8B1.9B1.9B1.2B
Property Plant And Equipment Net122.2M139.4M131.4M124.4M3.1B3.3B
Net Debt1.1B1.4B1.1B1.5B1.2B859.3M
Retained Earnings583.0M446.3M402.3M366.6M338.2M642.3M
Accounts Payable18.2M24.8M23.4M22.1M26.6M45.0M
Cash68.7M84.6M362.2M114.3M207.7M107.1M
Non Current Assets Total2.7B3.6B3.2B3.6B3.3B2.3B
Non Currrent Assets Other2.6B3.4B3.0B(455.4M)184.6M193.9M
Cash And Short Term Investments68.7M84.6M362.2M114.3M207.7M107.1M
Net Receivables27.1M49.1M30.0M42.5M40.2M64.9M
Common Stock Shares Outstanding129.6M136.9M145.3M150.2M151.1M130.9M
Liabilities And Stockholders Equity2.9B3.7B3.6B3.8B3.6B2.6B
Non Current Liabilities Total1.2B1.6B1.5B1.7B1.5B1.2B
Inventory14.5M10.6M28.5M23.7M31.0M29.5M
Other Current Assets57.3M82.5M34.2M87.3M38.1M36.2M
Other Stockholder Equity(583.0M)43K(402.3M)(366.6M)(338.3M)(321.4M)
Total Liab1.3B1.7B1.7B1.8B1.7B1.4B
Total Current Assets127.2M173.5M451.5M202.3M317.0M246.7M
Short Term Debt28.5M82M35.9M125.0M64.3M80.2M
Property Plant And Equipment Gross122.2M139.4M29.6M27.2M141.5M134.5M
Accumulated Other Comprehensive Income(31.2M)(73.9M)(19.6M)35.8M24.7M25.9M
Common Stock Total Equity888.2M1.1B1.4B1.5B1.7B1.8B
Common Stock888.2M1.1B1.4B1.5B1.5B1.6B
Other Liab97.5M177M119.1M104.0M93.6M97.7M
Other Assets105.4M3.5B158.5M231.8M15K14.3K
Long Term Debt973.1M1.4B1.2B1.5B1.4B1.0B
Property Plant Equipment22.3M30.4M3.0B3.4B3.0B3.2B
Current Deferred Revenue11.4M11.1M17.8M22.8M19.0M14.1M
Good Will8.6M8.9M8.5M7.9M7.8M7.0M
Intangible Assets12.2M12.6M11.6M5.8M5.4M7.2M
Net Tangible Assets1.5B1.7B1.8B2.1B2.4B1.7B
Noncontrolling Interest In Consolidated Entity97.7M388.6M43.8M15.3M17.6M16.7M
Retained Earnings Total Equity583.0M446.3M402.3M366.6M330.0M535.2M
Short Term Investments575K6.5M721K91K(44.8M)(42.6M)
Long Term Debt Total973.1M1.4B1.2B1.5B1.7B1.2B

Pair Trading with Rayonier

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rayonier position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rayonier will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rayonier Stock

  0.78O Realty IncomePairCorr
  0.79FR First Industrial RealtyPairCorr

Moving against Rayonier Stock

  0.31UE Urban Edge PropertiesPairCorr
The ability to find closely correlated positions to Rayonier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rayonier when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rayonier - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rayonier to buy it.
The correlation of Rayonier is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rayonier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rayonier moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rayonier can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Rayonier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rayonier'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 Rayonier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rayonier Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayonier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Rayonier Stock, please use our How to Invest in Rayonier guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Specialized REITs 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 Rayonier. If investors know Rayonier 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 Rayonier 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
0.488
Dividend Share
1.14
Earnings Share
1.07
Revenue Per Share
6.753
Quarterly Revenue Growth
(0.03)
The market value of Rayonier is measured differently than its book value, which is the value of Rayonier that is recorded on the company's balance sheet. Investors also form their own opinion of Rayonier's value that differs from its market value or its book value, called intrinsic value, which is Rayonier'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 Rayonier's market value can be influenced by many factors that don't directly affect Rayonier'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 Rayonier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayonier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayonier'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.