Rio Current Deferred Revenue vs Cash And Equivalents Analysis
RIO Stock | USD 69.80 0.20 0.29% |
Rio Tinto financial indicator trend analysis is much more than just breaking down Rio Tinto ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rio Tinto ADR is a good investment. Please check the relationship between Rio Tinto Current Deferred Revenue and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Current Deferred Revenue vs Cash And Equivalents
Current Deferred Revenue vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rio Tinto ADR Current Deferred Revenue account and Cash And Equivalents. At this time, the significance of the direction appears to have very week relationship.
The correlation between Rio Tinto's Current Deferred Revenue and Cash And Equivalents is 0.28. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Rio Tinto ADR, assuming nothing else is changed. The correlation between historical values of Rio Tinto's Current Deferred Revenue and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Rio Tinto ADR are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Current Deferred Revenue i.e., Rio Tinto's Current Deferred Revenue and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash And Equivalents
Most indicators from Rio Tinto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rio Tinto ADR 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 Rio Tinto ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Rio Tinto's Tax Provision is very stable compared to the past year. As of the 11th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Selling General Administrative is likely to drop about 3.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 592M | 1.9B | 2.0B | 2.1B | Depreciation And Amortization | 6.9B | 6.2B | 5.3B | 5.6B |
Rio Tinto fundamental ratios Correlations
Click cells to compare fundamentals
Rio Tinto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rio Tinto fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 87.8B | 97.4B | 102.9B | 96.7B | 103.5B | 59.2B | |
Short Long Term Debt Total | 14.7B | 14.0B | 13.5B | 12.3B | 14.4B | 13.0B | |
Other Current Liab | 3.1B | 3.2B | 3.4B | 2.0B | 8.0B | 8.4B | |
Total Current Liabilities | 11.1B | 11.6B | 12.6B | 11.6B | 12.7B | 8.7B | |
Total Stockholder Equity | 40.5B | 47.1B | 51.4B | 50.2B | 54.6B | 57.3B | |
Property Plant And Equipment Net | 57.4B | 62.9B | 64.9B | 64.7B | 68.4B | 34.9B | |
Current Deferred Revenue | 200M | 344M | 399M | 333M | 280M | 294M | |
Net Debt | 6.7B | 3.6B | 724M | 5.5B | 5.7B | 8.4B | |
Retained Earnings | 23.4B | 26.8B | 33.3B | 34.5B | 38.4B | 40.3B | |
Accounts Payable | 6.5B | 7.4B | 7.7B | 8.0B | 3.3B | 3.9B | |
Cash | 8.0B | 10.4B | 12.8B | 6.8B | 8.7B | 4.7B | |
Non Current Assets Total | 70.5B | 76.5B | 78.5B | 77.8B | 82.0B | 46.6B | |
Non Currrent Assets Other | 4.5B | 4.8B | 5.0B | 4.3B | 3.1B | 3.2B | |
Cash And Short Term Investments | 10.7B | 13.2B | 15.4B | 8.9B | 9.8B | 5.4B | |
Common Stock Total Equity | 4.4B | 3.7B | 3.7B | 4.0B | 4.6B | 4.8B | |
Common Stock Shares Outstanding | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 2.2B | |
Short Term Investments | 2.7B | 2.9B | 2.5B | 2.2B | 1.1B | 687.3M | |
Liabilities And Stockholders Equity | 87.8B | 97.4B | 102.9B | 96.7B | 103.5B | 59.2B | |
Non Current Liabilities Total | 31.4B | 33.9B | 33.7B | 32.9B | 34.5B | 21.6B | |
Inventory | 3.5B | 3.9B | 5.4B | 6.2B | 6.7B | 7.0B | |
Other Current Assets | 277M | 479M | 591M | 3.8B | 589M | 559.6M | |
Other Stockholder Equity | 4.3B | 4.3B | 4.3B | 4.3B | 4.3B | 4.1B | |
Total Liab | 42.6B | 45.5B | 46.3B | 44.5B | 47.2B | 30.3B | |
Property Plant And Equipment Gross | 57.5B | 63.2B | 128.9B | 129.8B | 136.4B | 143.2B | |
Total Current Assets | 17.3B | 20.9B | 24.4B | 19.0B | 21.5B | 12.6B | |
Accumulated Other Comprehensive Income | 9.2B | 12.0B | 10.0B | 7.8B | 8.3B | 8.7B | |
Short Term Debt | 1.4B | 607M | 1.1B | 1.2B | 1.2B | 1.1B | |
Common Stock | 3.7B | 4.0B | 3.8B | 3.5B | 3.6B | 2.4B | |
Net Receivables | 2.9B | 3.4B | 3.1B | 3.4B | 3.5B | 3.6B | |
Other Assets | 5.3B | 5.9B | 6.0B | 4.6B | 5.2B | 4.3B | |
Intangible Assets | 2.6B | 2.8B | 2.8B | 3.6B | 2.4B | 3.6B | |
Other Liab | 18.3B | 20.6B | 21.3B | 21.8B | 25.1B | 13.9B | |
Long Term Debt | 12.1B | 13.2B | 11.4B | 10.1B | 12.2B | 15.5B | |
Good Will | 922M | 946M | 879M | 826M | 797M | 757.2M | |
Property Plant Equipment | 57.4B | 62.9B | 64.9B | 64.7B | 74.4B | 51.4B | |
Net Tangible Assets | 37.0B | 43.4B | 47.7B | 45.7B | 52.6B | 44.1B | |
Short Long Term Debt | 720M | 351M | 812M | 923M | 824M | 782.8M | |
Long Term Debt Total | 13.1B | 13.2B | 12.4B | 11.1B | 10.0B | 11.5B |
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When determining whether Rio Tinto ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rio Tinto'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 Rio Tinto Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rio Tinto Adr Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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When running Rio Tinto's price analysis, check to measure Rio Tinto'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 Rio Tinto is operating at the current time. Most of Rio Tinto's value examination focuses on studying past and present price action to predict the probability of Rio Tinto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio Tinto's price. Additionally, you may evaluate how the addition of Rio Tinto to your portfolios can decrease your overall portfolio volatility.
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Is Rio Tinto'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 Rio Tinto. If investors know Rio 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 Rio Tinto 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 0.431 | Dividend Share 4.349 | Earnings Share 6.17 | Revenue Per Share 33.33 | Quarterly Revenue Growth 0.062 |
The market value of Rio Tinto ADR is measured differently than its book value, which is the value of Rio that is recorded on the company's balance sheet. Investors also form their own opinion of Rio Tinto's value that differs from its market value or its book value, called intrinsic value, which is Rio Tinto'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 Rio Tinto's market value can be influenced by many factors that don't directly affect Rio Tinto'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 Rio Tinto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rio Tinto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rio Tinto'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.