TROW Property Plant And Equipment Net vs Other Current Liab Analysis

TROW Stock  USD 119.84  1.66  1.40%   
T Rowe financial indicator trend analysis is much more than just breaking down T Rowe Price prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether T Rowe Price is a good investment. Please check the relationship between T Rowe Property Plant And Equipment Net and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of T Rowe Price Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between T Rowe's Property Plant And Equipment Net and Other Current Liab is -0.07. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of T Rowe Price, assuming nothing else is changed. The correlation between historical values of T Rowe's Property Plant And Equipment Net and Other Current Liab 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 T Rowe Price are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., T Rowe's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
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.

Other Current Liab

Most indicators from T Rowe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into T Rowe Price 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 World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, T Rowe's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.44 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.7B6.5B6.5B6.8B
Tax Provision896.1M498.6M654.6M348.2M

T Rowe fundamental ratios Correlations

0.830.99-0.730.99-0.170.92-0.090.390.950.7-0.560.720.870.970.850.940.460.22-0.010.780.480.860.740.760.91
0.830.87-0.480.880.050.740.110.240.90.31-0.490.920.70.730.620.740.110.23-0.320.60.220.880.460.850.99
0.990.87-0.760.99-0.050.86-0.060.380.980.66-0.530.730.90.950.80.950.430.33-0.040.740.420.850.750.740.93
-0.73-0.48-0.76-0.72-0.15-0.450.09-0.25-0.73-0.560.09-0.26-0.95-0.71-0.48-0.91-0.49-0.58-0.34-0.44-0.12-0.4-0.93-0.18-0.55
0.990.880.99-0.72-0.110.89-0.080.390.970.64-0.520.770.880.940.830.930.410.24-0.060.740.40.870.720.770.94
-0.170.05-0.05-0.15-0.11-0.420.17-0.130.05-0.370.22-0.090.08-0.17-0.370.0-0.040.73-0.09-0.38-0.33-0.2-0.13-0.24-0.02
0.920.740.86-0.450.89-0.42-0.110.320.820.74-0.660.690.640.910.860.750.38-0.07-0.050.820.640.840.540.840.81
-0.090.11-0.060.09-0.080.17-0.110.05-0.04-0.15-0.140.11-0.1-0.03-0.3-0.08-0.230.10.040.070.20.01-0.130.150.06
0.390.240.38-0.250.39-0.130.320.050.320.36-0.170.20.270.360.630.310.410.03-0.040.390.090.390.240.220.31
0.950.90.98-0.730.970.050.82-0.040.320.62-0.460.720.870.90.730.910.440.42-0.070.740.350.830.720.730.94
0.70.310.66-0.560.64-0.370.74-0.150.360.62-0.370.10.560.770.620.650.680.230.20.840.60.510.70.390.42
-0.56-0.49-0.530.09-0.520.22-0.66-0.14-0.17-0.46-0.37-0.6-0.25-0.66-0.48-0.39-0.160.080.34-0.59-0.84-0.66-0.14-0.8-0.54
0.720.920.73-0.260.77-0.090.690.110.20.720.1-0.60.520.620.590.57-0.08-0.08-0.410.450.240.840.240.890.91
0.870.70.9-0.950.880.080.64-0.10.270.870.56-0.250.520.830.640.980.420.450.210.530.20.60.890.440.76
0.970.730.95-0.710.94-0.170.91-0.030.360.90.77-0.660.620.830.810.920.530.260.090.80.650.790.740.730.82
0.850.620.8-0.480.83-0.370.86-0.30.630.730.62-0.480.590.640.810.720.45-0.090.080.630.420.690.540.620.71
0.940.740.95-0.910.930.00.75-0.080.310.910.65-0.390.570.980.920.720.470.410.180.640.360.690.870.550.81
0.460.110.43-0.490.41-0.040.38-0.230.410.440.68-0.16-0.080.420.530.450.470.410.30.550.330.220.520.040.21
0.220.230.33-0.580.240.73-0.070.10.030.420.230.08-0.080.450.26-0.090.410.410.070.18-0.060.040.46-0.110.21
-0.01-0.32-0.04-0.34-0.06-0.09-0.050.04-0.04-0.070.20.34-0.410.210.090.080.180.30.07-0.140.1-0.480.33-0.45-0.27
0.780.60.74-0.440.74-0.380.820.070.390.740.84-0.590.450.530.80.630.640.550.18-0.140.610.760.60.70.67
0.480.220.42-0.120.4-0.330.640.20.090.350.6-0.840.240.20.650.420.360.33-0.060.10.610.40.230.570.3
0.860.880.85-0.40.87-0.20.840.010.390.830.51-0.660.840.60.790.690.690.220.04-0.480.760.40.430.920.91
0.740.460.75-0.930.72-0.130.54-0.130.240.720.7-0.140.240.890.740.540.870.520.460.330.60.230.430.240.53
0.760.850.74-0.180.77-0.240.840.150.220.730.39-0.80.890.440.730.620.550.04-0.11-0.450.70.570.920.240.87
0.910.990.93-0.550.94-0.020.810.060.310.940.42-0.540.910.760.820.710.810.210.21-0.270.670.30.910.530.87
Click cells to compare fundamentals

T Rowe Account Relationship Matchups

T Rowe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.7B12.5B11.6B12.3B12.9B
Total Stockholder Equity7.1B7.7B9.0B8.8B9.5B10.0B
Net Debt(1.6B)(2.0B)(1.3B)(1.4B)(1.7B)(1.6B)
Retained Earnings6.4B7.0B8.1B8.4B9.1B9.5B
Common Stock Shares Outstanding238.6M231.2M228.8M227.1M224.8M274.9M
Liabilities And Stockholders Equity9.3B10.7B12.5B11.6B12.3B12.9B
Non Current Liabilities Total1.1B1.4B2.3B2.0B1.5B1.6B
Total Liab1.1B1.4B2.3B2.0B2.0B2.1B
Property Plant And Equipment Net785.2M813M937.4M1.0B1.0B1.1B
Non Current Assets Total6.9B7.6B9.9B9.1B4.2B2.5B
Non Currrent Assets Other201.1M(84.5M)(12.1B)895.7M(4.5B)(4.3B)
Other Assets202.6M219.2M2.4B2.2B5.2B5.5B
Cash And Short Term Investments1.8B2.2B1.5B1.8B2.1B2.2B
Net Receivables646.6M863.1M1.1B748.7M807.9M848.3M
Total Current Assets2.4B3.0B2.6B2.5B2.9B3.0B
Common Stock47M45.6M45.8M44.9M44.8M46.9M
Other Current Liab31.8M993.3M(181.8M)(77.1M)(173.3M)(164.6M)
Total Current Liabilities246.3M272.7M508.9M452.7M374.7M217.5M
Other Liab39.2M618.1M1.4B184.9M212.6M194.4M
Accounts Payable214.5M100.2M431M406.7M409.5M430.0M
Cash1.8B2.2B1.5B1.8B2.1B1.2B
Accumulated Other Comprehensive Income(43M)(23M)(26.5M)(53M)(47.5M)(45.1M)
Property Plant Equipment674.4M695.4M937.4M1.0B1.2B1.2B
Common Stock Total Equity47M45.6M45.8M44.9M51.6M48.6M
Property Plant And Equipment Gross785.2M813M937.4M1.0B2.7B2.9B
Net Tangible Assets7.6B8.6B5.4B6.2B7.2B5.6B
Retained Earnings Total Equity6.4B7.0B8.1B8.4B9.7B5.1B
Long Term Investments2.9B3.3B4.9B4.1B3.7B2.6B
Non Current Liabilities Other748.9M984M2.3B2.0B962.6M836.3M
Warrants1.1B1.6B982.3M656.7M755.2M1.1B

Also Currently Popular

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.

Additional Tools for TROW Stock Analysis

When running T Rowe's price analysis, check to measure T Rowe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.