RioCan Accounts Payable vs Common Stock Shares Outstanding Analysis

REI-UN Stock  CAD 17.78  0.12  0.68%   
RioCan Real financial indicator trend analysis is much more than just breaking down RioCan Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RioCan Real Estate is a good investment. Please check the relationship between RioCan Real Accounts Payable 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 RioCan Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RioCan Real Estate Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between RioCan Real's Accounts Payable and Common Stock Shares Outstanding is -0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of RioCan Real Estate, assuming nothing else is changed. The correlation between historical values of RioCan Real's Accounts Payable 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 Accounts Payable of RioCan Real Estate 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 Accounts Payable i.e., RioCan Real's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents RioCan Real obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of RioCan Real Estate are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 RioCan Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RioCan Real Estate 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 RioCan Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At present, RioCan Real's Issuance Of Capital Stock 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 1.8 B, whereas Selling General Administrative is forecasted to decline to about 31.1 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses536.6M567.8M653.0M361.5M
Total Revenue1.2B1.2B1.1B834.1M

RioCan Real fundamental ratios Correlations

0.960.99-0.160.980.260.970.940.150.99-0.160.940.290.59-0.580.530.250.910.680.270.330.890.040.030.690.21
0.960.94-0.110.990.40.930.940.020.97-0.110.910.450.55-0.50.510.110.910.520.120.20.950.130.10.730.03
0.990.94-0.20.960.190.970.90.10.95-0.20.950.220.59-0.610.530.180.90.730.220.260.86-0.02-0.030.670.29
-0.16-0.11-0.2-0.110.32-0.07-0.02-0.17-0.131.00.0-0.14-0.45-0.26-0.41-0.04-0.28-0.43-0.11-0.190.04-0.11-0.1-0.57-0.18
0.980.990.96-0.110.390.960.950.040.98-0.110.940.410.54-0.540.490.140.930.60.140.210.920.090.070.70.09
0.260.40.190.320.390.310.48-0.330.330.320.320.78-0.25-0.23-0.25-0.140.33-0.12-0.29-0.20.460.170.150.07-0.47
0.970.930.97-0.070.960.310.920.050.95-0.070.960.250.54-0.680.50.190.910.630.20.260.90.0-0.010.630.28
0.940.940.9-0.020.950.480.920.180.97-0.020.870.480.35-0.570.30.30.850.560.280.340.870.140.130.570.06
0.150.020.1-0.170.04-0.330.050.180.21-0.17-0.1-0.190.21-0.080.210.91-0.070.110.930.9-0.03-0.15-0.150.070.32
0.990.970.95-0.130.980.330.950.970.21-0.130.90.360.58-0.530.530.320.890.60.320.390.90.110.090.690.12
-0.16-0.11-0.21.0-0.110.32-0.07-0.02-0.17-0.130.0-0.14-0.45-0.26-0.41-0.04-0.28-0.43-0.11-0.190.04-0.11-0.1-0.57-0.18
0.940.910.950.00.940.320.960.87-0.10.90.00.190.49-0.630.450.050.90.640.050.10.87-0.03-0.030.590.19
0.290.450.22-0.140.410.780.250.48-0.190.36-0.140.19-0.150.02-0.18-0.180.390.03-0.26-0.160.410.260.220.32-0.48
0.590.550.59-0.450.54-0.250.540.350.210.58-0.450.49-0.15-0.10.990.270.60.340.310.40.49-0.04-0.070.780.18
-0.58-0.5-0.61-0.26-0.54-0.23-0.68-0.57-0.08-0.53-0.26-0.630.02-0.1-0.11-0.24-0.43-0.36-0.25-0.18-0.620.240.220.0-0.65
0.530.510.53-0.410.49-0.250.50.30.210.53-0.410.45-0.180.99-0.110.270.560.250.30.390.47-0.05-0.10.750.18
0.250.110.18-0.040.14-0.140.190.30.910.32-0.040.05-0.180.27-0.240.270.020.120.970.970.09-0.07-0.050.060.31
0.910.910.9-0.280.930.330.910.85-0.070.89-0.280.90.390.6-0.430.560.020.570.00.110.830.080.060.820.05
0.680.520.73-0.430.6-0.120.630.560.110.6-0.430.640.030.34-0.360.250.120.570.190.190.32-0.030.030.330.45
0.270.120.22-0.110.14-0.290.20.280.930.32-0.110.05-0.260.31-0.250.30.970.00.190.980.09-0.11-0.090.080.43
0.330.20.26-0.190.21-0.20.260.340.90.39-0.190.1-0.160.4-0.180.390.970.110.190.980.150.010.010.220.32
0.890.950.860.040.920.460.90.87-0.030.90.040.870.410.49-0.620.470.090.830.320.090.150.070.010.650.06
0.040.13-0.02-0.110.090.170.00.14-0.150.11-0.11-0.030.26-0.040.24-0.05-0.070.08-0.03-0.110.010.070.990.14-0.41
0.030.1-0.03-0.10.070.15-0.010.13-0.150.09-0.1-0.030.22-0.070.22-0.1-0.050.060.03-0.090.010.010.990.08-0.36
0.690.730.67-0.570.70.070.630.570.070.69-0.570.590.320.780.00.750.060.820.330.080.220.650.140.08-0.11
0.210.030.29-0.180.09-0.470.280.060.320.12-0.180.19-0.480.18-0.650.180.310.050.450.430.320.06-0.41-0.36-0.11
Click cells to compare fundamentals

RioCan Real Account Relationship Matchups

RioCan Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2B15.3B15.2B15.1B14.8B8.8B
Short Long Term Debt Total6.4B7.0B6.7B6.8B7.8B4.1B
Total Stockholder Equity8.3B7.7B7.9B7.7B7.4B4.3B
Net Debt6.3B6.7B6.6B6.7B6.7B4.1B
Other Assets270.5M252.1M309.4M373.0M335.7M318.9M
Common Stock Shares Outstanding314.0M307.8M317.7M317.3M300.5M233.8M
Liabilities And Stockholders Equity15.2B15.3B15.2B15.1B17.4B18.2B
Non Current Liabilities Total5.6B6.2B6.4B5.8B5.8B3.9B
Other Stockholder Equity36.1M38.1M54.0M55.2M49.7M47.2M
Total Liab6.9B7.5B7.3B7.4B7.4B4.4B
Retained Earnings3.5B3.0B3.2B3.1B2.8B2.1B
Net Receivables91.0M129.5M149.9M145.5M167.3M110.7M
Total Current Liabilities1.3B1.3B859.0M1.6B1.6B1.1B
Accounts Payable57.8M86.5M92.3M88.6M68.5M78.0M
Short Term Debt935.8M943.0M467.7M1.2B1.3B895.4M
Other Current Liab274.3M257.8M243.6M295.5M177.6M351.4M
Non Current Assets Total14.8B14.5B14.6B14.5B14.3B13.3B
Non Currrent Assets Other14.6B14.2B14.2B14.1B43.3M41.1M
Other Current Assets82.0M226.3M164.8M52.9M67.6M64.2M
Total Current Assets375.4M808.5M609.5M637.4M553.2M711.1M
Cash93.5M238.5M77.8M86.2M124.2M106.1M
Cash And Short Term Investments93.5M238.5M77.8M86.2M99.2M103.7M
Common Stock4.8B4.8B4.7B4.6B4.1B5.1B
Other Liab76.2M121.0M147.1M168.6M193.9M124.6M
Net Tangible Assets8.3B7.7B7.9B7.7B8.9B8.5B
Current Deferred Revenue30.6M36.3M55.4M41.4M47.6M35.7M
Long Term Debt5.1B6.0B6.2B5.6B5.6B6.0B
Long Term Investments190.5M209.7M327.3M364.9M383.9M228.7M
Short Long Term Debt934.0M935.2M462.8M1.2B1.3B1.1B
Property Plant Equipment14.4B14.1B14.0B13.8B15.9B14.8B
Inventory109.0M214.2M217.0M272.0M217.2M169.6M
Capital Lease Obligations35.4M40.7M38.0M36.6M35.1M33.8M
Non Current Liabilities Other30.7M31.5M36.5M228K205.2K194.9K
Net Invested Capital14.7B6.9B14.6B14.5B14.3B14.5B
Net Working Capital(1.9B)(515.1M)(101.8M)(947.5M)(1.1B)(1.2B)

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Please note, there is a significant difference between RioCan Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if RioCan Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RioCan Real'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.