RioCan Total Current Liabilities vs Intangible Assets Analysis

REI-UN Stock  CAD 17.66  0.02  0.11%   
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 Total Current Liabilities and its Intangible Assets 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.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RioCan Real Estate Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between RioCan Real's Total Current Liabilities and Intangible Assets is 0.49. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets 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 Total Current Liabilities and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of RioCan Real Estate are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., RioCan Real's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on RioCan Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RioCan Real Estate are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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)

Currently Active Assets on Macroaxis

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.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.