RBC Net Receivables vs Common Stock Shares Outstanding Analysis
RBC Stock | USD 289.28 21.72 8.12% |
RBC Bearings financial indicator trend analysis is much more than just breaking down RBC Bearings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RBC Bearings is a good investment. Please check the relationship between RBC Bearings Net Receivables and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings Incorporated. 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 labor statistics. For information on how to trade RBC Stock refer to our How to Trade RBC Stock guide.
Net Receivables vs Common Stock Shares Outstanding
Net Receivables vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RBC Bearings Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between RBC Bearings' Net Receivables and Common Stock Shares Outstanding is 0.64. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of RBC Bearings Incorporated, assuming nothing else is changed. The correlation between historical values of RBC Bearings' Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of RBC Bearings Incorporated are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., RBC Bearings' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from RBC Bearings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RBC Bearings 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 RBC Bearings Incorporated. 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 labor statistics. For information on how to trade RBC Stock refer to our How to Trade RBC Stock guide.At present, RBC Bearings' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 7.1 B, whereas Selling General Administrative is forecasted to decline to about 135.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 357.1M | 604.8M | 646.7M | 679.0M | Total Revenue | 942.9M | 1.5B | 1.5B | 1.6B |
RBC Bearings fundamental ratios Correlations
Click cells to compare fundamentals
RBC Bearings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RBC Bearings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 24.9M | 25.0M | 27.3M | 29.1M | 33.4M | 21.7M | |
Total Assets | 1.3B | 1.4B | 4.8B | 4.7B | 5.4B | 5.7B | |
Short Long Term Debt Total | 52.1M | 51.8M | 1.7B | 1.4B | 1.7B | 1.7B | |
Total Current Liabilities | 103.8M | 88.2M | 313.5M | 309.3M | 355.7M | 373.5M | |
Net Debt | (51.1M) | (99.3M) | 1.6B | 1.4B | 1.6B | 1.7B | |
Retained Earnings | 769.2M | 858.9M | 911.9M | 1.0B | 1.2B | 1.2B | |
Cash | 103.3M | 151.1M | 182.9M | 65.4M | 75.2M | 51.7M | |
Non Current Assets Total | 709.9M | 706.1M | 3.9B | 3.8B | 4.3B | 4.6B | |
Non Currrent Assets Other | 20.6M | 30.2M | 38.3M | (258M) | (232.2M) | (220.6M) | |
Net Receivables | 129.0M | 110.5M | 247.5M | 239.6M | 275.5M | 289.3M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 4.8B | 4.7B | 5.4B | 5.7B | |
Non Current Liabilities Total | 100.2M | 116.1M | 2.2B | 1.8B | 2.1B | 2.2B | |
Inventory | 367.5M | 364.1M | 516.1M | 587.2M | 675.3M | 709.0M | |
Total Liab | 203.9M | 204.3M | 2.5B | 2.2B | 2.5B | 2.6B | |
Property Plant And Equipment Gross | 676M | 628.9M | 683.6M | 713.7M | 820.8M | 431.3M | |
Total Current Assets | 612.0M | 728.2M | 962.2M | 913.3M | 1.1B | 1.1B | |
Accumulated Other Comprehensive Income | (6.9M) | (10.4M) | (5.8M) | (4.1M) | (4.7M) | (5.0M) | |
Short Term Debt | 12.1M | 8.3M | 13.5M | 14.3M | 16.4M | 17.3M | |
Intangible Assets | 162.7M | 154.4M | 1.5B | 1.5B | 1.7B | 1.8B | |
Other Current Liab | 29.5M | 26.6M | 121.8M | 127.6M | 146.7M | 154.1M | |
Total Stockholder Equity | 1.1B | 1.2B | 2.4B | 2.5B | 2.9B | 3.1B | |
Other Liab | 295.2M | 300.9M | 349.6M | 388.6M | 446.9M | 469.2M | |
Accounts Payable | 51.0M | 36.3M | 158.6M | 146.8M | 168.8M | 177.3M | |
Other Assets | 78.5M | 60.3M | 38.3M | 37.7M | 33.9M | 42.2M | |
Long Term Debt | 1.1B | 840.4M | 1.7B | 2.0B | 2.3B | 2.4B | |
Cash And Short Term Investments | 103.3M | 241.3M | 182.9M | 65.4M | 75.2M | 65.4M | |
Good Will | 277.8M | 277.5M | 1.9B | 1.9B | 2.2B | 2.3B | |
Other Current Assets | 12.3M | 12.2M | 15.7M | 21.1M | 24.3M | 13.5M | |
Other Stockholder Equity | 355.4M | 381.2M | 1.5B | 1.5B | 1.7B | 1.8B | |
Common Stock | 259K | 261K | 298K | 300K | 345K | 243.8K | |
Property Plant Equipment | 605M | 2.7B | 431.3M | 416.7M | 479.2M | 567.6M | |
Property Plant And Equipment Net | 248.8M | 243.9M | 431.3M | 416.7M | 479.2M | 503.2M | |
Current Deferred Revenue | 11.1M | 17.0M | 19.6M | 20.6M | 23.7M | 12.8M | |
Net Tangible Assets | 333.6M | 551M | (1.0B) | 227.6M | 204.8M | 164.8M | |
Noncontrolling Interest In Consolidated Entity | 28M | 29.3M | 32.6M | 34.4M | 31.0M | 29.9M | |
Retained Earnings Total Equity | 1.8B | 1.9B | 2.0B | 2.1B | 2.4B | 1.6B | |
Long Term Debt Total | 1.1B | 840.4M | 1.7B | 2.0B | 2.3B | 1.2B |
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.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings Incorporated. 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 labor statistics. For information on how to trade RBC Stock refer to our How to Trade RBC Stock guide.Note that the RBC Bearings information on this page should be used as a complementary analysis to other RBC Bearings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for RBC Stock analysis
When running RBC Bearings' price analysis, check to measure RBC Bearings' 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 RBC Bearings is operating at the current time. Most of RBC Bearings' value examination focuses on studying past and present price action to predict the probability of RBC Bearings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RBC Bearings' price. Additionally, you may evaluate how the addition of RBC Bearings to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Is RBC Bearings' 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 RBC Bearings. If investors know RBC 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 RBC Bearings 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 0.324 | Earnings Share 5.99 | Revenue Per Share 53.378 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0446 |
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' 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 RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' 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 RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' 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.