RPC Enterprise Value vs Total Assets Analysis

RES Stock  USD 8.03  0.08  1.01%   
RPC financial indicator trend analysis is much more than just breaking down RPC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RPC Inc is a good investment. Please check the relationship between RPC Enterprise Value and its Total Assets accounts. 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.

Enterprise Value vs Total Assets

Enterprise Value vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RPC Inc Enterprise Value account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between RPC's Enterprise Value and Total Assets is 0.68. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Total Assets in the same time period over historical financial statements of RPC Inc, assuming nothing else is changed. The correlation between historical values of RPC's Enterprise Value and Total 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 Enterprise Value of RPC Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Enterprise Value i.e., RPC's Enterprise Value and Total Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as RPC theoretical takeover price. In the event of an acquisition, an acquirer would have to take on RPC Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of RPC value than its market capitalization because it takes into account all of RPC Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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.
Most indicators from RPC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 3.93 in 2024, whereas Selling General Administrative is likely to drop slightly above 131.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.9M614K341K324.0K
Depreciation And Amortization72.5M83.7M108.1M77.5M

RPC fundamental ratios Correlations

0.620.830.820.940.820.270.940.070.850.190.070.9-0.220.730.940.29-0.730.80.730.910.460.820.630.530.64
0.620.730.690.320.670.830.32-0.460.63-0.07-0.460.710.120.940.470.45-0.210.910.280.490.350.730.050.980.08
0.830.730.950.660.790.560.67-0.250.8-0.09-0.250.910.20.810.730.25-0.550.90.390.770.280.930.510.720.52
0.820.690.950.670.760.50.68-0.210.780.03-0.210.930.230.760.740.16-0.580.880.340.80.310.980.590.670.59
0.940.320.660.670.68-0.051.00.330.720.30.330.77-0.360.450.940.18-0.810.540.760.90.40.660.740.20.75
0.820.670.790.760.680.580.69-0.410.990.15-0.410.690.230.850.850.13-0.480.870.420.550.580.790.550.630.57
0.270.830.560.5-0.050.58-0.04-0.860.52-0.17-0.860.420.440.820.180.140.10.76-0.130.060.20.54-0.120.9-0.07
0.940.320.670.681.00.69-0.040.310.730.310.310.77-0.340.450.940.17-0.830.550.740.90.390.660.760.210.76
0.07-0.46-0.25-0.210.33-0.41-0.860.31-0.340.181.0-0.05-0.65-0.50.040.19-0.33-0.430.490.33-0.18-0.260.19-0.550.14
0.850.630.80.780.720.990.520.73-0.340.22-0.340.70.230.830.870.12-0.540.860.450.590.540.790.630.590.64
0.19-0.07-0.090.030.30.15-0.170.310.180.220.180.03-0.05-0.040.3-0.12-0.47-0.020.180.14-0.01-0.040.57-0.140.54
0.07-0.46-0.25-0.210.33-0.41-0.860.311.0-0.340.18-0.05-0.65-0.50.040.19-0.33-0.430.490.33-0.18-0.260.19-0.550.14
0.90.710.910.930.770.690.420.77-0.050.70.03-0.05-0.10.730.780.26-0.630.830.520.920.310.930.510.660.53
-0.220.120.20.23-0.360.230.44-0.34-0.650.23-0.05-0.65-0.10.2-0.16-0.190.230.22-0.58-0.340.050.210.10.220.06
0.730.940.810.760.450.850.820.45-0.50.83-0.04-0.50.730.20.620.38-0.290.980.390.520.460.790.220.930.23
0.940.470.730.740.940.850.180.940.040.870.30.040.78-0.160.620.07-0.740.690.610.810.540.760.740.370.77
0.290.450.250.160.180.130.140.170.190.12-0.120.190.26-0.190.380.07-0.160.330.490.320.130.14-0.190.4-0.23
-0.73-0.21-0.55-0.58-0.81-0.480.1-0.83-0.33-0.54-0.47-0.33-0.630.23-0.29-0.74-0.16-0.4-0.47-0.760.0-0.5-0.86-0.1-0.88
0.80.910.90.880.540.870.760.55-0.430.86-0.02-0.430.830.220.980.690.33-0.40.40.640.440.890.350.90.36
0.730.280.390.340.760.42-0.130.740.490.450.180.490.52-0.580.390.610.49-0.470.40.710.270.320.310.210.26
0.910.490.770.80.90.550.060.90.330.590.140.330.92-0.340.520.810.32-0.760.640.710.280.780.610.390.6
0.460.350.280.310.40.580.20.39-0.180.54-0.01-0.180.310.050.460.540.130.00.440.270.280.470.080.280.1
0.820.730.930.980.660.790.540.66-0.260.79-0.04-0.260.930.210.790.760.14-0.50.890.320.780.470.510.70.52
0.630.050.510.590.740.55-0.120.760.190.630.570.190.510.10.220.74-0.19-0.860.350.310.610.080.51-0.020.99
0.530.980.720.670.20.630.90.21-0.550.59-0.14-0.550.660.220.930.370.4-0.10.90.210.390.280.7-0.020.0
0.640.080.520.590.750.57-0.070.760.140.640.540.140.530.060.230.77-0.23-0.880.360.260.60.10.520.990.0
Click cells to compare fundamentals

RPC Account Relationship Matchups

RPC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B790.5M864.4M1.1B1.3B1.4B
Other Current Liab37.6M29.3M29.9M52.7M43.3M30.7M
Total Current Liabilities101.4M79.6M130.8M178.6M151.9M82.5M
Total Stockholder Equity830.3M631.6M641.8M857.7M1.0B1.1B
Property Plant And Equipment Net550.6M291.7M299.3M362.0M460.7M297.7M
Net Debt(11.0M)(54.2M)(36.1M)(96.2M)(196.1M)(186.3M)
Retained Earnings832.1M627.8M640.9M856.0M1.0B1.1B
Cash50.0M84.5M82.4M126.4M223.3M234.5M
Non Current Assets Total616.4M362.1M372.4M425.7M587.5M333.9M
Non Currrent Assets Other33.6M38.3M40.9M(5.9M)35.4M19.8M
Cash And Short Term Investments50.0M84.5M82.4M126.4M223.3M234.5M
Net Receivables266.7M244.7M317.1M459.0M377.2M396.0M
Common Stock Shares Outstanding212.2M212.5M213.0M213.3M212.9M172.7M
Liabilities And Stockholders Equity1.1B790.5M864.4M1.1B1.3B1.4B
Non Current Liabilities Total121.5M79.4M91.7M92.7M140.2M101.5M
Inventory100.9M82.9M79.0M97.1M110.9M116.4M
Other Current Assets3.3M3.1M3.0M3.1M15.7M16.5M
Other Stockholder Equity(223K)(17.7M)(20.7M)(19.9M)(17.9M)(17.0M)
Total Liab222.9M158.9M222.6M271.3M292.0M184.0M
Property Plant And Equipment Gross550.6M291.7M299.3M362.0M1.3B1.3B
Total Current Assets436.9M428.4M492.0M703.3M727.1M763.4M
Accumulated Other Comprehensive Income(23.2M)(17.7M)(20.7M)(19.9M)(2.4M)(2.5M)
Accounts Payable53.1M41.1M74.4M115.2M85.0M54.1M
Common Stock Total Equity21.5M21.4M21.5M21.6M24.8M14.8M
Short Term Debt10.6M9.2M26.6M10.7M7.7M7.4M
Common Stock21.4M21.5M21.6M21.7M21.5M15.6M
Other Liab93.1M58.3M72.0M73.2M84.1M59.2M
Other Assets33.6M164.8M197.9M31.6M36.3M36.6M
Property Plant Equipment516.7M264.4M299.3M362.0M416.3M444.0M
Net Tangible Assets798.2M599.4M609.6M825.6M743.0M653.5M
Retained Earnings Total Equity947.7M832.1M627.8M640.9M737.1M735.9M
Deferred Long Term Liab37.3M13.3M200K300K270K256.5K
Non Current Liabilities Other84.2M66.0M7.1M5.4M7.8M7.4M
Cash And Equivalents50.0M84.5M82.4M126.4M113.8M78.0M
Net Invested Capital830.3M631.6M641.8M857.7M1.0B668.1M

Currently Active Assets on Macroaxis

When determining whether RPC Inc is a strong investment it is important to analyze RPC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RPC's future performance. For an informed investment choice regarding RPC Stock, refer to the following important reports:
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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
(0.53)
Dividend Share
0.16
Earnings Share
0.9
Revenue Per Share
7.596
Quarterly Revenue Growth
(0.18)
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.