RobloxCorp Total Current Liabilities vs Cash And Short Term Investments Analysis
RBLX Stock | USD 33.62 0.47 1.42% |
RobloxCorp financial indicator trend analysis is much more than just breaking down RobloxCorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RobloxCorp is a good investment. Please check the relationship between RobloxCorp Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RobloxCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy RobloxCorp Stock please use our How to Invest in RobloxCorp guide.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RobloxCorp Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RobloxCorp's Total Current Liabilities and Cash And Short Term Investments is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of RobloxCorp, assuming nothing else is changed. The correlation between historical values of RobloxCorp's Total Current Liabilities and Cash And Short Term Investments 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 RobloxCorp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., RobloxCorp's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on RobloxCorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RobloxCorp 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of RobloxCorp balance sheet. This account contains RobloxCorp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by RobloxCorp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from RobloxCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RobloxCorp 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 RobloxCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy RobloxCorp Stock please use our How to Invest in RobloxCorp guide.At this time, RobloxCorp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 1.2 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 73.9M | 163.2M | 208.1M | 218.5M | Interest Income | 92K | 38.8M | 141.8M | 148.9M |
RobloxCorp fundamental ratios Correlations
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RobloxCorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RobloxCorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 760.2M | 1.8B | 4.6B | 5.4B | 6.2B | 3.5B | |
Other Current Liab | 43.0M | 104.6M | 293.4M | 394.5M | 474.7M | 244.4M | |
Total Current Liabilities | 496.1M | 1.2B | 2.2B | 2.5B | 3.1B | 1.8B | |
Total Stockholder Equity | (137.3M) | (252.4M) | 584.8M | 306.0M | 76.3M | 85.1M | |
Other Liab | 189.8M | 506.8M | 618.2M | 1.1B | 1.3B | 1.3B | |
Net Tangible Assets | (139.7M) | (354.3M) | 407.1M | 117.0M | 134.5M | 141.2M | |
Property Plant And Equipment Net | 143.3M | 206.4M | 492.6M | 1.1B | 1.4B | 1.4B | |
Current Deferred Revenue | 425.3M | 1.1B | 1.8B | 1.9B | 2.4B | 1.4B | |
Net Debt | (114.3M) | (549.1M) | (1.8B) | (1.4B) | 973.0M | 1.0B | |
Retained Earnings | (239.0M) | (492.3M) | (983.9M) | (1.9B) | (3.1B) | (2.9B) | |
Accounts Payable | 3.4M | 12.0M | 64.4M | 71.2M | 60.1M | 42.0M | |
Cash | 301.5M | 893.9M | 3.0B | 3.0B | 678.5M | 644.5M | |
Non Current Assets Total | 187.9M | 423.7M | 810.8M | 1.5B | 3.4B | 3.6B | |
Non Currrent Assets Other | 42.2M | 115.4M | 140.5M | 229.5M | 795.4M | 835.2M | |
Other Assets | 42.2M | 115.4M | 140.5M | 229.5M | 263.9M | 277.1M | |
Cash And Short Term Investments | 358.5M | 893.9M | 3.0B | 3.0B | 2.2B | 1.8B | |
Net Receivables | 91.3M | 247.0M | 307.3M | 379.4M | 505.8M | 290.0M | |
Common Stock Shares Outstanding | 546.7M | 550.5M | 585.9M | 595.6M | 616.4M | 627.2M | |
Liabilities And Stockholders Equity | 760.2M | 1.8B | 4.6B | 5.4B | 6.2B | 3.5B | |
Non Current Liabilities Total | 377.0M | 851.6M | 1.8B | 2.6B | 3.0B | 1.6B | |
Inventory | 112.6M | 274.5M | 406.0M | 465.3M | 535.1M | 293.7M | |
Other Current Assets | 9.9M | 8.7M | 32.1M | 16.5M | 74.5M | 78.3M | |
Other Stockholder Equity | (85.5M) | (105.0M) | (3.0B) | 2.2B | 3.1B | 3.3B | |
Total Liab | 873.2M | 2.1B | 4.0B | 5.1B | 6.1B | 3.4B | |
Deferred Long Term Liab | 39.2M | 113.8M | 137.5M | 225.1M | 258.9M | 271.8M | |
Net Invested Capital | (137.3M) | (252.4M) | 1.6B | 1.3B | 1.1B | 631.8M | |
Property Plant And Equipment Gross | 143.3M | 206.4M | 492.6M | 1.1B | 1.8B | 1.9B | |
Total Current Assets | 572.3M | 1.4B | 3.7B | 3.8B | 2.8B | 2.3B | |
Accumulated Other Comprehensive Income | 39K | 90K | 62K | 671K | 1.5M | 1.6M | |
Capital Stock | 17K | 20K | 58K | 59K | 61K | 42.4K | |
Non Current Liabilities Other | 26.1M | 22.1M | 1.4M | 10.8M | 22.3M | 12.9M | |
Net Working Capital | 76.1M | 195.6M | 1.6B | 1.4B | 223.0M | 211.9M | |
Short Term Debt | 24.4M | 41.7M | 51.3M | 73.2M | 111.3M | 57.6M | |
Intangible Assets | 2.5M | 42.3M | 59.7M | 54.7M | 53.1M | 39.0M | |
Common Stock | 17K | 20K | 58K | 59K | 61K | 42.4K | |
Property Plant Equipment | 143.4M | 206.4M | 492.6M | 1.1B | 1.3B | 1.4B |
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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.When determining whether RobloxCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RobloxCorp'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 Robloxcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Robloxcorp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RobloxCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy RobloxCorp Stock please use our How to Invest in RobloxCorp guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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Is RobloxCorp's industry 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 RobloxCorp. If investors know RobloxCorp 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 RobloxCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.86) | Revenue Per Share 4.723 | Quarterly Revenue Growth 0.223 | Return On Assets (0.13) | Return On Equity (7.54) |
The market value of RobloxCorp is measured differently than its book value, which is the value of RobloxCorp that is recorded on the company's balance sheet. Investors also form their own opinion of RobloxCorp's value that differs from its market value or its book value, called intrinsic value, which is RobloxCorp'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 RobloxCorp's market value can be influenced by many factors that don't directly affect RobloxCorp'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 RobloxCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RobloxCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RobloxCorp'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.