Rocky Long Term Debt vs Total Stockholder Equity Analysis
| RCKY Stock | USD 36.97 1.67 4.73% |
Rocky Brands financial indicator trend analysis is much more than just breaking down Rocky Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocky Brands is a good investment. Please check the relationship between Rocky Brands Long Term Debt and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.
Long Term Debt vs Total Stockholder Equity
Long Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocky Brands Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rocky Brands' Long Term Debt and Total Stockholder Equity is 0.62. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Rocky Brands, assuming nothing else is changed. The correlation between historical values of Rocky Brands' Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Rocky Brands are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Rocky Brands' Long Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Rocky Brands has held for over one year. Long-term debt appears on Rocky Brands balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Rocky Brands balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Rocky Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocky Brands 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 Rocky Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.At this time, Rocky Brands' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 59.6 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.6M | 18.3M | 21.2M | 20.2M | Depreciation And Amortization | 11.3M | 12.3M | 10.9M | 5.5M |
Rocky Brands fundamental ratios Correlations
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Rocky Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rocky Brands fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 205.8M | 229.1M | 624.6M | 582.4M | 490.8M | 515.4M | |
| Other Current Liab | 10.4M | 13.7M | 21.2M | 15.4M | 15.5M | 16.3M | |
| Total Current Liabilities | 31.5M | 40.0M | 140.1M | 96.3M | 71.5M | 75.1M | |
| Total Stockholder Equity | 164.7M | 179.5M | 197.9M | 215.5M | 223.6M | 234.7M | |
| Property Plant And Equipment Net | 29.2M | 35.3M | 71.4M | 68.4M | 59.8M | 62.8M | |
| Net Debt | (14.4M) | (27.4M) | 272.9M | 259.4M | 176.7M | 185.6M | |
| Retained Earnings | 96.7M | 113.5M | 129.8M | 145.7M | 151.6M | 159.2M | |
| Accounts Payable | 15.8M | 20.1M | 114.6M | 69.7M | 49.8M | 52.3M | |
| Cash | 15.5M | 28.4M | 5.9M | 5.7M | 4.5M | 5.3M | |
| Non Current Assets Total | 59.7M | 65.9M | 249.3M | 241.3M | 232.7M | 244.3M | |
| Non Currrent Assets Other | 294K | 374K | 917K | (7.1M) | (104.2M) | (99.0M) | |
| Cash And Short Term Investments | 15.5M | 28.4M | 5.9M | 5.7M | 4.5M | 5.4M | |
| Net Receivables | 50.8M | 53.5M | 132.4M | 95.9M | 81.1M | 44.9M | |
| Common Stock Shares Outstanding | 7.4M | 7.3M | 7.4M | 7.4M | 7.4M | 6.2M | |
| Liabilities And Stockholders Equity | 205.8M | 229.1M | 624.6M | 582.4M | 490.8M | 515.4M | |
| Non Current Liabilities Total | 9.6M | 9.6M | 286.6M | 270.6M | 195.7M | 205.5M | |
| Inventory | 76.7M | 77.6M | 232.5M | 235.4M | 169.2M | 177.7M | |
| Other Stockholder Equity | 55.7M | 56.5M | 0.0 | 69.8M | 62.8M | 65.9M | |
| Total Liab | 41.2M | 49.6M | 426.7M | 366.9M | 267.3M | 280.6M | |
| Property Plant And Equipment Gross | 29.2M | 35.3M | 60.0M | 57.4M | 129.2M | 135.7M | |
| Total Current Assets | 146.1M | 163.2M | 375.3M | 341.0M | 258.2M | 271.1M | |
| Short Term Debt | 7.5M | 586K | 629K | 3.3M | 5.3M | 6.2M | |
| Other Current Assets | 3.0M | 3.7M | 4.5M | 4.1M | 3.4M | 4.8M | |
| Common Stock Total Equity | 68.0M | 66.0M | 68.1M | 69.8M | 80.2M | 63.4M | |
| Common Stock | 68.0M | 66.0M | 68.1M | 69.8M | 72.0M | 68.4M | |
| Other Liab | 8.5M | 8.7M | 11.0M | 8.8M | 10.1M | 10.6M | |
| Other Assets | 294K | 1.9M | 917K | 942K | 847.8K | 1.0M | |
| Intangible Assets | 30.2M | 30.2M | 126.3M | 121.8M | 112.6M | 118.2M | |
| Property Plant Equipment | 27.4M | 35.3M | 71.4M | 57.4M | 66.0M | 69.3M | |
| Current Deferred Revenue | 4.7M | 5.6M | 1.1M | 8.0M | 927K | 880.7K | |
| Net Tangible Assets | 134.4M | 149.3M | 20.9M | 215.5M | 247.8M | 260.2M | |
| Retained Earnings Total Equity | 96.7M | 113.5M | 129.8M | 145.7M | 167.6M | 92.6M | |
| Deferred Long Term Liab | 8.1M | 109K | 10.3M | 8.0M | 7.2M | 7.7M | |
| Non Current Liabilities Other | 290K | 1.5M | 9.0M | 9.0M | 10.3M | 10.8M |
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When determining whether Rocky Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocky Brands' 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 Rocky Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocky Brands Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
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When running Rocky Brands' price analysis, check to measure Rocky Brands' 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 Rocky Brands is operating at the current time. Most of Rocky Brands' value examination focuses on studying past and present price action to predict the probability of Rocky Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Brands' price. Additionally, you may evaluate how the addition of Rocky Brands to your portfolios can decrease your overall portfolio volatility.
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Is Rocky Brands' 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 Rocky Brands. If investors know Rocky 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 Rocky Brands 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 0.021 | Dividend Share 0.62 | Earnings Share 1.8 | Revenue Per Share 62.906 | Quarterly Revenue Growth 0.022 |
The market value of Rocky Brands is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Brands' value that differs from its market value or its book value, called intrinsic value, which is Rocky Brands' 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 Rocky Brands' market value can be influenced by many factors that don't directly affect Rocky Brands' 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 Rocky Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Brands' 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.