RPC Historical Balance Sheet
RES Stock | USD 6.83 0.23 3.48% |
Trend analysis of RPC Inc balance sheet accounts such as Total Stockholder Equity of 1.1 B, Property Plant And Equipment Net of 297.7 M, Retained Earnings of 1.1 B or Cash of 234.5 M provides information on RPC's total assets, liabilities, and equity, which is the actual value of RPC Inc to its prevalent stockholders. By breaking down trends over time using RPC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining RPC Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RPC Inc is a good buy for the upcoming year.
RPC Inventory |
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About RPC Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of RPC Inc at a specified time, usually calculated after every quarter, six months, or one year. RPC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RPC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RPC currently owns. An asset can also be divided into two categories, current and non-current.
RPC Balance Sheet Chart
RPC Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how RPC Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, RPC's Inventory is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 16.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 82.5 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of RPC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in RPC Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on RPC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RPC Inc 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.Most accounts from RPC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RPC Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 RPC Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, RPC's Inventory is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 16.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 82.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 46.3M | 30.2M | 27.2M | 52.0M | Total Assets | 864.4M | 1.1B | 1.3B | 1.4B |
RPC balance sheet Correlations
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RPC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RPC balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 790.5M | 864.4M | 1.1B | 1.3B | 1.4B | |
Other Current Liab | 37.6M | 29.3M | 29.9M | 52.7M | 43.3M | 30.7M | |
Total Current Liabilities | 101.4M | 79.6M | 130.8M | 178.6M | 151.9M | 82.5M | |
Total Stockholder Equity | 830.3M | 631.6M | 641.8M | 857.7M | 1.0B | 1.1B | |
Property Plant And Equipment Net | 550.6M | 291.7M | 299.3M | 362.0M | 460.7M | 297.7M | |
Net Debt | (11.0M) | (54.2M) | (36.1M) | (96.2M) | (196.1M) | (186.3M) | |
Retained Earnings | 832.1M | 627.8M | 640.9M | 856.0M | 1.0B | 1.1B | |
Cash | 50.0M | 84.5M | 82.4M | 126.4M | 223.3M | 234.5M | |
Non Current Assets Total | 616.4M | 362.1M | 372.4M | 425.7M | 587.5M | 333.9M | |
Non Currrent Assets Other | 33.6M | 38.3M | 40.9M | (5.9M) | 35.4M | 19.8M | |
Cash And Short Term Investments | 50.0M | 84.5M | 82.4M | 126.4M | 223.3M | 234.5M | |
Net Receivables | 266.7M | 244.7M | 317.1M | 459.0M | 377.2M | 396.0M | |
Common Stock Shares Outstanding | 212.2M | 212.5M | 213.0M | 213.3M | 212.9M | 172.7M | |
Liabilities And Stockholders Equity | 1.1B | 790.5M | 864.4M | 1.1B | 1.3B | 1.4B | |
Non Current Liabilities Total | 121.5M | 79.4M | 91.7M | 92.7M | 140.2M | 101.5M | |
Inventory | 100.9M | 82.9M | 79.0M | 97.1M | 110.9M | 116.4M | |
Other Current Assets | 3.3M | 3.1M | 3.0M | 3.1M | 15.7M | 16.5M | |
Other Stockholder Equity | (223K) | (17.7M) | (20.7M) | (19.9M) | (17.9M) | (17.0M) | |
Total Liab | 222.9M | 158.9M | 222.6M | 271.3M | 292.0M | 184.0M | |
Property Plant And Equipment Gross | 550.6M | 291.7M | 299.3M | 362.0M | 1.3B | 1.3B | |
Total Current Assets | 436.9M | 428.4M | 492.0M | 703.3M | 727.1M | 763.4M | |
Accumulated Other Comprehensive Income | (23.2M) | (17.7M) | (20.7M) | (19.9M) | (2.4M) | (2.5M) | |
Accounts Payable | 53.1M | 41.1M | 74.4M | 115.2M | 85.0M | 54.1M | |
Common Stock Total Equity | 21.5M | 21.4M | 21.5M | 21.6M | 24.8M | 14.8M | |
Short Term Debt | 10.6M | 9.2M | 26.6M | 10.7M | 7.7M | 7.4M | |
Common Stock | 21.4M | 21.5M | 21.6M | 21.7M | 21.5M | 15.6M | |
Other Liab | 93.1M | 58.3M | 72.0M | 73.2M | 84.1M | 59.2M | |
Other Assets | 33.6M | 164.8M | 197.9M | 31.6M | 36.3M | 36.6M | |
Property Plant Equipment | 516.7M | 264.4M | 299.3M | 362.0M | 416.3M | 444.0M | |
Net Tangible Assets | 798.2M | 599.4M | 609.6M | 825.6M | 743.0M | 653.5M | |
Retained Earnings Total Equity | 947.7M | 832.1M | 627.8M | 640.9M | 737.1M | 735.9M | |
Deferred Long Term Liab | 37.3M | 13.3M | 200K | 300K | 270K | 256.5K | |
Non Current Liabilities Other | 84.2M | 66.0M | 7.1M | 5.4M | 7.8M | 7.4M | |
Cash And Equivalents | 50.0M | 84.5M | 82.4M | 126.4M | 113.8M | 78.0M | |
Net Invested Capital | 830.3M | 631.6M | 641.8M | 857.7M | 1.0B | 668.1M |
Pair Trading with RPC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RPC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RPC will appreciate offsetting losses from the drop in the long position's value.Moving together with RPC Stock
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Moving against RPC Stock
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The ability to find closely correlated positions to RPC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RPC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RPC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RPC Inc to buy it.
The correlation of RPC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RPC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RPC Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RPC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPC Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the RPC Inc information on this page should be used as a complementary analysis to other RPC's 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for RPC Stock analysis
When running RPC's price analysis, check to measure RPC's 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 RPC is operating at the current time. Most of RPC's value examination focuses on studying past and present price action to predict the probability of RPC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RPC's price. Additionally, you may evaluate how the addition of RPC to your portfolios can decrease your overall portfolio volatility.
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Is RPC's 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 RPC. If investors know RPC 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 RPC 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 (0.61) | Dividend Share 0.16 | Earnings Share 0.7 | Revenue Per Share 7.149 | Quarterly Revenue Growth (0.21) |
The market value of RPC Inc is measured differently than its book value, which is the value of RPC that is recorded on the company's balance sheet. Investors also form their own opinion of RPC's value that differs from its market value or its book value, called intrinsic value, which is RPC's 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 RPC's market value can be influenced by many factors that don't directly affect RPC's 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 RPC's value and its price as these two are different measures arrived at by different means. Investors typically determine if RPC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RPC'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.