RGC Total Current Assets vs Net Debt Analysis

RGCO Stock

USD 20.82 0.30 1.46%

RGC Resources financial indicator trend analysis is much more than just breaking down RGC Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RGC Resources is a good investment. Please check the relationship between RGC Resources Total Current Assets and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RGC Resources Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between RGC Resources' Total Current Assets and Net Debt is 0.41. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of RGC Resources, assuming nothing else is changed. The correlation between historical values of RGC Resources' Total Current Assets and Net Debt 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 Assets of RGC Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., RGC Resources' Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from RGC Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RGC Resources 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 RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.At this time, RGC Resources' Selling General Administrative is very stable compared to the past year. As of the 6th of June 2024, Tax Provision is likely to grow to about 3.3 M, while Issuance Of Capital Stock is likely to drop about 4.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	26.2M	29.8M	34.2M	35.4M
Total Revenue	84.2M	97.4M	112.1M	85.2M

Gross Profit Total Revenue

RGC Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.96	0.44	0.42	0.99	0.99	0.96	-0.15	0.32	-0.02	1.0	0.62	-0.02	0.34	0.97	0.78	0.99	0.44	0.74	0.7	1.0	0.99	0.5	0.03	0.97	-0.33
Short Long Term Debt Total	0.96		0.35	0.25	0.93	0.94	1.0	-0.21	0.39	-0.09	0.97	0.52	-0.09	0.34	0.92	0.7	0.98	0.41	0.77	0.76	0.97	0.94	0.44	-0.15	0.92	-0.17
Other Current Liab	0.44	0.35		0.57	0.5	0.45	0.34	-0.22	0.38	0.16	0.42	0.61	0.16	0.45	0.49	0.46	0.36	0.42	0.27	0.44	0.41	0.45	0.44	0.2	0.49	0.03
Total Current Liabilities	0.42	0.25	0.57		0.49	0.46	0.23	-0.29	0.11	0.37	0.38	0.45	0.37	0.29	0.42	0.64	0.29	0.5	0.24	0.43	0.39	0.46	0.63	0.81	0.43	-0.28
Total Stockholder Equity	0.99	0.93	0.5	0.49		0.98	0.93	-0.16	0.3	0.02	0.99	0.66	0.02	0.35	0.98	0.79	0.97	0.48	0.72	0.69	0.99	0.98	0.54	0.1	0.98	-0.37
Property Plant And Equipment Net	0.99	0.94	0.45	0.46	0.98		0.94	-0.29	0.31	-0.03	0.98	0.68	-0.03	0.29	0.98	0.79	0.96	0.53	0.66	0.75	0.98	1.0	0.54	0.07	0.98	-0.31
Net Debt	0.96	1.0	0.34	0.23	0.93	0.94		-0.21	0.38	-0.13	0.96	0.52	-0.13	0.31	0.91	0.69	0.98	0.39	0.77	0.75	0.97	0.94	0.41	-0.16	0.91	-0.15
Retained Earnings	-0.15	-0.21	-0.22	-0.29	-0.16	-0.29	-0.21		-0.27	-0.18	-0.12	-0.28	-0.18	-0.06	-0.24	-0.17	-0.11	-0.68	0.12	-0.74	-0.15	-0.29	-0.48	-0.08	-0.26	-0.24
Accounts Payable	0.32	0.39	0.38	0.11	0.3	0.31	0.38	-0.27		0.21	0.29	-0.11	0.21	0.73	0.29	0.24	0.33	0.6	0.49	0.46	0.33	0.31	0.58	-0.44	0.29	0.0
Cash	-0.02	-0.09	0.16	0.37	0.02	-0.03	-0.13	-0.18	0.21		-0.08	-0.19	1.0	0.66	0.03	0.09	-0.08	0.41	0.04	0.1	-0.04	-0.03	0.7	0.26	0.03	-0.46
Non Current Assets Total	1.0	0.97	0.42	0.38	0.99	0.98	0.96	-0.12	0.29	-0.08		0.63	-0.08	0.3	0.96	0.76	0.99	0.39	0.74	0.67	1.0	0.98	0.44	0.01	0.96	-0.31
Non Currrent Assets Other	0.62	0.52	0.61	0.45	0.66	0.68	0.52	-0.28	-0.11	-0.19	0.63		-0.19	-0.05	0.71	0.52	0.56	0.26	0.22	0.45	0.6	0.68	0.18	0.33	0.71	-0.06
Cash And Short Term Investments	-0.02	-0.09	0.16	0.37	0.02	-0.03	-0.13	-0.18	0.21	1.0	-0.08	-0.19		0.66	0.03	0.09	-0.08	0.41	0.04	0.1	-0.04	-0.03	0.7	0.26	0.03	-0.46
Net Receivables	0.34	0.34	0.45	0.29	0.35	0.29	0.31	-0.06	0.73	0.66	0.3	-0.05	0.66		0.34	0.39	0.33	0.54	0.5	0.32	0.33	0.29	0.75	-0.14	0.33	-0.32
Common Stock Total Equity	0.97	0.92	0.49	0.42	0.98	0.98	0.91	-0.24	0.29	0.03	0.96	0.71	0.03	0.34		0.79	0.95	0.53	0.62	0.68	0.96	0.98	0.54	0.04	1.0	-0.39
Common Stock Shares Outstanding	0.78	0.7	0.46	0.64	0.79	0.79	0.69	-0.17	0.24	0.09	0.76	0.52	0.09	0.39	0.79		0.75	0.6	0.42	0.53	0.77	0.79	0.6	0.3	0.79	-0.38
Non Current Liabilities Total	0.99	0.98	0.36	0.29	0.97	0.96	0.98	-0.11	0.33	-0.08	0.99	0.56	-0.08	0.33	0.95	0.75		0.39	0.76	0.67	0.99	0.96	0.43	-0.09	0.95	-0.3
Inventory	0.44	0.41	0.42	0.5	0.48	0.53	0.39	-0.68	0.6	0.41	0.39	0.26	0.41	0.54	0.53	0.6	0.39		0.14	0.64	0.43	0.53	0.87	0.05	0.53	-0.31
Other Current Assets	0.74	0.77	0.27	0.24	0.72	0.66	0.77	0.12	0.49	0.04	0.74	0.22	0.04	0.5	0.62	0.42	0.76	0.14		0.51	0.75	0.66	0.39	-0.12	0.61	-0.08
Other Stockholder Equity	0.7	0.76	0.44	0.43	0.69	0.75	0.75	-0.74	0.46	0.1	0.67	0.45	0.1	0.32	0.68	0.53	0.67	0.64	0.51		0.7	0.75	0.6	0.04	0.69	0.15
Total Liab	1.0	0.97	0.41	0.39	0.99	0.98	0.97	-0.15	0.33	-0.04	1.0	0.6	-0.04	0.33	0.96	0.77	0.99	0.43	0.75	0.7		0.98	0.48	0.0	0.96	-0.32
Property Plant And Equipment Gross	0.99	0.94	0.45	0.46	0.98	1.0	0.94	-0.29	0.31	-0.03	0.98	0.68	-0.03	0.29	0.98	0.79	0.96	0.53	0.66	0.75	0.98		0.54	0.07	0.98	-0.31
Total Current Assets	0.5	0.44	0.44	0.63	0.54	0.54	0.41	-0.48	0.58	0.7	0.44	0.18	0.7	0.75	0.54	0.6	0.43	0.87	0.39	0.6	0.48	0.54		0.2	0.55	-0.44
Short Term Debt	0.03	-0.15	0.2	0.81	0.1	0.07	-0.16	-0.08	-0.44	0.26	0.01	0.33	0.26	-0.14	0.04	0.3	-0.09	0.05	-0.12	0.04	0.0	0.07	0.2		0.05	-0.19
Common Stock	0.97	0.92	0.49	0.43	0.98	0.98	0.91	-0.26	0.29	0.03	0.96	0.71	0.03	0.33	1.0	0.79	0.95	0.53	0.61	0.69	0.96	0.98	0.55	0.05		-0.38
Current Deferred Revenue	-0.33	-0.17	0.03	-0.28	-0.37	-0.31	-0.15	-0.24	0.0	-0.46	-0.31	-0.06	-0.46	-0.32	-0.39	-0.38	-0.3	-0.31	-0.08	0.15	-0.32	-0.31	-0.44	-0.19	-0.38

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RGC Resources Account Relationship Matchups

RGC Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	281.7M	310.1M	290.3M	303.7M	349.3M	366.8M
Short Long Term Debt Total	123.8M	133.5M	135.7M	125.8M	144.7M	152.0M
Other Current Liab	1.4M	8.2M	9.6M	8.3M	9.5M	7.7M
Total Current Liabilities	16.6M	26.0M	22.3M	32.9M	37.9M	27.5M
Total Stockholder Equity	88.9M	99.7M	93.1M	100.7M	115.8M	121.6M
Property Plant And Equipment Net	198.4M	211.6M	229.9M	247.6M	284.7M	299.0M
Net Debt	123.5M	132.0M	130.8M	124.3M	143.0M	150.1M
Retained Earnings	35.7M	39.7M	544.2K	4.0M	4.6M	4.3M
Accounts Payable	4.4M	7.7M	8.6M	5.8M	5.3M	5.7M
Cash	291.1K	1.5M	4.9M	1.5M	1.7M	2.4M
Non Current Assets Total	267.2M	285.0M	254.8M	276.9M	318.5M	334.4M
Non Currrent Assets Other	11.3M	8.4M	10.1M	28.8M	33.1M	34.8M
Cash And Short Term Investments	291.1K	1.5M	4.9M	1.5M	1.7M	2.4M
Net Receivables	3.4M	4.9M	5.4M	4.2M	3.8M	3.6M
Common Stock Total Equity	40.4M	40.8M	41.9M	49.1M	56.5M	59.3M
Common Stock Shares Outstanding	8.1M	8.3M	9.1M	9.9M	11.4M	7.2M
Liabilities And Stockholders Equity	281.7M	310.1M	290.3M	303.7M	349.3M	366.8M
Non Current Liabilities Total	176.2M	184.4M	174.9M	170.1M	195.6M	205.4M
Inventory	6.7M	8.9M	18.1M	12.9M	14.8M	12.4M
Other Current Assets	3.4M	6.7M	2.8M	3.5M	3.1M	4.0M
Other Stockholder Equity	15.8M	19.7M	41.5M	44.4M	40.0M	42.0M
Total Liab	192.8M	210.4M	197.2M	203.0M	233.4M	245.1M
Property Plant And Equipment Gross	198.4M	211.6M	229.9M	247.6M	284.7M	299.0M
Total Current Assets	14.4M	25.1M	35.5M	26.8M	30.8M	26.9M
Accumulated Other Comprehensive Income	(3.4M)	(1.5M)	2.0M	2.3M	2.6M	2.7M
Short Term Debt	7.5M	7M	1.3M	15.3M	17.6M	10.8M
Common Stock	40.8M	41.9M	49.1M	50.1M	57.6M	60.5M
Current Deferred Revenue	3.2M	3.1M	2.9M	3.4M	3.1M	2.6M
Other Assets	12.6M	11.3M	73.3M	24.9M	28.6M	30.1M
Long Term Debt	123.8M	133.5M	135.7M	125.8M	144.7M	152.0M
Property Plant Equipment	182.0M	198.4M	211.6M	229.9M	264.3M	277.6M
Other Liab	49.5M	50.7M	50.9M	39.2M	45.1M	31.5M
Net Tangible Assets	83.1M	88.9M	99.7M	93.1M	107.1M	98.9M
Retained Earnings Total Equity	30.8M	35.7M	39.7M	544.2K	625.8K	594.5K
Long Term Debt Total	103.4M	123.8M	133.5M	135.7M	156.0M	163.9M
Capital Surpluse	14.4M	15.8M	19.7M	41.5M	47.7M	50.1M
Deferred Long Term Liab	12.2M	11.0M	6.8M	5.4M	4.9M	4.7M
Long Term Investments	57.5M	64.9M	13.8M	17.2M	19.8M	29.5M
Non Current Liabilities Other	52.4M	50.9M	39.2M	44.2M	50.9M	35.7M

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Additional Information and Resources on Investing in RGC Stock

When determining whether RGC Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RGC Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rgc Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rgc Resources Stock:

How To Invest In RGC

Details

Is RGC Stock a good investment?

Details

What is RGC Resources' Net Worth?

Details

Largest Gas Utilities Companies

View

Largest Utilities - Regulated Gas Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Is Gas Utilities space 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 RGC Resources. If investors know RGC 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 RGC Resources 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

(0.01)

Dividend Share

0.795

Earnings Share

1.3

Revenue Per Share

8.29

Quarterly Revenue Growth

(0.14)

The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' 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 RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' 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 RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' 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.

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RGC Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

RGC Resources fundamental ratios Correlations

RGC Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RGC Resources fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in RGC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total

Other Stockholder Equity	- 0.74	Retained Earnings
Inventory	- 0.68	Retained Earnings
Total Current Assets	- 0.48	Retained Earnings
Current Deferred Revenue	- 0.46	Cash And Short Term Investments
Current Deferred Revenue	- 0.46	Cash
Current Deferred Revenue	- 0.44	Total Current Assets