Rio Current Deferred Revenue vs Property Plant And Equipment Net Analysis
RIO Stock | USD 70.10 0.36 0.52% |
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 Property Plant And Equipment Net 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 Property Plant And Equipment Net
Current Deferred Revenue vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rio Tinto's Current Deferred Revenue and Property Plant And Equipment Net is 0.38. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Current Deferred Revenue i.e., Rio Tinto's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.38 |
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.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.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 3rd of June 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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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 6.16 | 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.