Roper Tax Provision vs Non Operating Income Net Other Analysis

ROP Stock  USD 526.78  13.63  2.52%   
Roper Technologies financial indicator trend analysis is much more than just breaking down Roper Technologies Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roper Technologies Common is a good investment. Please check the relationship between Roper Technologies Tax Provision and its Non Operating Income Net Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roper Technologies Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Tax Provision vs Non Operating Income Net Other

Tax Provision vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roper Technologies Common Tax Provision account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Roper Technologies' Tax Provision and Non Operating Income Net Other is 0.37. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Roper Technologies Common, assuming nothing else is changed. The correlation between historical values of Roper Technologies' Tax Provision and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Roper Technologies Common are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Tax Provision i.e., Roper Technologies' Tax Provision and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Non Operating Income Net Other

Most indicators from Roper Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roper Technologies Common 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 Roper Technologies Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Roper Technologies' Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Discontinued Operations is likely to grow to about 4.3 B, while Sales General And Administrative To Revenue is likely to drop 0.26.
 2021 2022 2023 2024 (projected)
Interest Expense234.1M192.4M164.7M172.9M
Depreciation And Amortization758.5M600M755.2M793.0M

Roper Technologies fundamental ratios Correlations

0.890.90.960.970.290.90.970.310.071.00.070.880.530.91-0.010.990.970.950.520.671.00.920.850.580.59
0.890.890.880.760.471.00.760.480.160.880.160.890.561.00.170.860.820.990.670.690.880.820.640.580.59
0.90.890.940.820.380.890.820.440.080.890.080.90.570.890.160.890.880.930.690.70.880.930.780.60.61
0.960.880.940.920.30.880.920.310.070.960.070.860.510.880.010.980.930.930.570.830.950.910.860.550.56
0.970.760.820.920.170.771.00.190.020.980.020.790.460.79-0.120.960.960.850.380.60.970.890.890.520.54
0.290.470.380.30.170.430.140.950.490.260.490.670.840.460.850.280.380.430.70.290.230.210.010.820.82
0.91.00.890.880.770.430.760.440.070.890.070.880.520.990.130.870.820.990.620.680.890.840.660.540.55
0.970.760.820.921.00.140.760.160.010.970.010.780.430.79-0.150.960.950.840.370.60.970.890.880.490.51
0.310.480.440.310.190.950.440.160.510.270.510.680.920.480.890.280.420.440.810.280.250.250.080.890.89
0.070.160.080.070.020.490.070.010.510.041.00.230.550.150.490.050.140.130.620.190.02-0.09-0.090.460.46
1.00.880.890.960.980.260.890.970.270.040.040.860.50.9-0.050.980.960.940.480.661.00.920.850.550.56
0.070.160.080.070.020.490.070.010.511.00.040.230.550.150.490.050.140.130.620.190.02-0.09-0.090.460.46
0.880.890.90.860.790.670.880.780.680.230.860.230.780.910.420.850.90.920.720.610.850.840.630.80.81
0.530.560.570.510.460.840.520.430.920.550.50.550.780.580.770.50.660.570.840.390.480.420.380.980.98
0.911.00.890.880.790.460.990.790.480.150.90.150.910.580.160.880.850.990.660.640.90.850.670.60.61
-0.010.170.160.01-0.120.850.13-0.150.890.49-0.050.490.420.770.16-0.040.140.130.610.05-0.07-0.04-0.150.670.67
0.990.860.890.980.960.280.870.960.280.050.980.050.850.50.88-0.040.960.920.50.740.980.880.890.550.57
0.970.820.880.930.960.380.820.950.420.140.960.140.90.660.850.140.960.890.560.620.950.870.860.70.71
0.950.990.930.930.850.430.990.840.440.130.940.130.920.570.990.130.920.890.650.710.940.880.730.60.61
0.520.670.690.570.380.70.620.370.810.620.480.620.720.840.660.610.50.560.650.540.460.460.390.820.81
0.670.690.70.830.60.290.680.60.280.190.660.190.610.390.640.050.740.620.710.540.660.590.620.390.39
1.00.880.880.950.970.230.890.970.250.021.00.020.850.480.9-0.070.980.950.940.460.660.920.850.530.54
0.920.820.930.910.890.210.840.890.25-0.090.92-0.090.840.420.85-0.040.880.870.880.460.590.920.760.480.49
0.850.640.780.860.890.010.660.880.08-0.090.85-0.090.630.380.67-0.150.890.860.730.390.620.850.760.430.44
0.580.580.60.550.520.820.540.490.890.460.550.460.80.980.60.670.550.70.60.820.390.530.480.431.0
0.590.590.610.560.540.820.550.510.890.460.560.460.810.980.610.670.570.710.610.810.390.540.490.441.0
Click cells to compare fundamentals

Roper Technologies Account Relationship Matchups

Roper Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B24.0B23.7B27.0B28.2B29.6B
Short Long Term Debt Total5.3B9.6B7.9B6.7B6.3B6.6B
Other Current Liab801.4M770M1.0B700M736.9M773.7M
Total Current Liabilities2.4B2.4B3.1B2.9B3.0B3.1B
Total Stockholder Equity9.5B10.5B11.6B16.0B17.4B18.3B
Property Plant And Equipment Net139.9M140.6M102.8M85.3M119.6M91.1M
Net Debt4.6B9.3B7.6B5.9B6.1B6.4B
Retained Earnings7.8B8.5B9.5B13.7B14.8B15.6B
Accounts Payable162M177.8M150.8M122.6M143M97.7M
Cash709.7M308.3M351.5M792.8M214.3M268.3M
Non Current Assets Total16.1B22.3B21.3B25.0B26.7B28.0B
Cash And Short Term Investments709.7M308.3M351.5M792.8M214.3M268.3M
Net Receivables993.6M1.1B962.4M877M984M1.0B
Common Stock Shares Outstanding105.1M105.7M106.5M106.8M107.4M94.2M
Liabilities And Stockholders Equity18.1B24.0B23.7B27.0B28.2B29.6B
Non Current Liabilities Total6.2B11.1B9.0B8.1B7.8B8.1B
Inventory198.6M198.4M176.1M111.3M118.6M138.4M
Other Current Assets97.6M119M142.5M151.3M164.5M172.7M
Other Stockholder Equity1.9B2.1B2.3B2.5B2.8B2.9B
Total Liab8.6B13.5B12.2B10.9B10.7B11.3B
Total Current Assets2.0B1.8B2.4B1.9B1.5B958.9M
Short Term Debt602.2M502M799.2M699.2M499.5M524.5M
Intangible Assets4.7B7.2B6.6B8.0B8.2B8.6B
Non Currrent Assets Other390.8M425.8M405.9M395.4M407.7M428.1M
Accumulated Other Comprehensive Income(212.8M)(147M)(183.1M)(187M)(122.8M)(116.7M)
Other Liab1.3B2.0B1.9B1.9B2.2B2.3B
Other Assets219.5M700K507M451.3M519.0M544.9M
Long Term Debt4.7B9.1B7.1B6.0B5.8B3.0B
Treasury Stock(18.5M)(18.3M)(18M)(17.6M)(20.2M)(21.3M)
Property Plant Equipment139.9M140.6M102.8M85.3M98.1M114.8M
Current Deferred Revenue831.8M994.6M1.1B1.4B1.6B1.7B
Good Will10.8B14.4B14.1B15.9B17.1B18.0B
Net Tangible Assets9.5B10.5B(9.1B)(8.0B)(7.2B)(6.9B)
Retained Earnings Total Equity6.2B7.8B8.5B9.5B10.9B11.4B
Long Term Debt Total4.7B9.1B7.1B6.0B6.9B5.7B
Capital Surpluse1.9B2.1B2.3B2.5B2.9B1.8B
Deferred Long Term Liab1.1B1.6B1.5B31.7M36.5M34.6M

Currently Active Assets on Macroaxis

When determining whether Roper Technologies Common is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Roper Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Roper Technologies Common Stock. Highlighted below are key reports to facilitate an investment decision about Roper Technologies Common Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roper Technologies Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Roper Technologies' price analysis, check to measure Roper Technologies' 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 Roper Technologies is operating at the current time. Most of Roper Technologies' value examination focuses on studying past and present price action to predict the probability of Roper Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies' price. Additionally, you may evaluate how the addition of Roper Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Roper Technologies' 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 Roper Technologies. If investors know Roper 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 Roper Technologies 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
0.336
Dividend Share
2.865
Earnings Share
12.75
Revenue Per Share
59.834
Quarterly Revenue Growth
0.144
The market value of Roper Technologies Common is measured differently than its book value, which is the value of Roper that is recorded on the company's balance sheet. Investors also form their own opinion of Roper Technologies' value that differs from its market value or its book value, called intrinsic value, which is Roper Technologies' 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 Roper Technologies' market value can be influenced by many factors that don't directly affect Roper Technologies' 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 Roper Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roper Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roper Technologies' 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.