RPC Operating Income vs Income Tax Expense Analysis
RES Stock | USD 7.65 0.05 0.65% |
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 Operating Income and its Income Tax Expense 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.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RPC Inc Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RPC's Operating Income and Income Tax Expense is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense 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 Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of RPC Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., RPC's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from RPC Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RPC Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Tax Expense
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 Expense | 1.9M | 614K | 341K | 324.0K | Depreciation And Amortization | 72.5M | 83.7M | 108.1M | 77.5M |
RPC fundamental ratios Correlations
Click cells to compare fundamentals
RPC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RPC fundamental ratios 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 |
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Transaction History View history of all your transactions and understand their impact on performance |
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.