Robert Total Current Assets vs Net Tangible Assets Analysis

RHI Stock  USD 69.42  0.17  0.25%   
Robert Half financial indicator trend analysis is much more than just breaking down Robert Half International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Robert Half International is a good investment. Please check the relationship between Robert Half Total Current Assets and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Robert Half International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Total Current Assets vs Net Tangible Assets

Total Current Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Robert Half International Total Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Robert Half's Total Current Assets and Net Tangible Assets is 0.81. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Robert Half International, assuming nothing else is changed. The correlation between historical values of Robert Half's Total Current Assets and Net Tangible 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 Assets of Robert Half International are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Assets i.e., Robert Half's Total Current Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

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 Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Robert Half's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Robert Half International 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 Robert Half International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
The Robert Half's current Enterprise Value is estimated to increase to about 4.1 B, while Selling General Administrative is projected to decrease to under 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.1B2.6B1.3B
Total Revenue6.5B7.2B2.6B3.1B

Robert Half fundamental ratios Correlations

0.760.97-0.70.710.76-0.880.680.950.960.950.990.91-0.270.910.74-0.090.990.85-0.240.040.780.87-0.4-0.380.42
0.760.62-0.230.610.72-0.850.980.560.850.750.780.77-0.580.770.4-0.520.730.98-0.24-0.170.890.83-0.7-0.70.64
0.970.62-0.790.70.68-0.790.520.980.880.920.950.88-0.110.880.750.050.970.72-0.210.10.660.81-0.26-0.230.29
-0.7-0.23-0.79-0.65-0.360.44-0.15-0.73-0.55-0.69-0.67-0.79-0.25-0.79-0.47-0.26-0.73-0.380.1-0.28-0.22-0.620.03-0.02-0.18
0.710.610.7-0.650.41-0.660.480.540.620.720.690.830.110.830.32-0.320.710.73-0.17-0.050.440.91-0.57-0.550.07
0.760.720.68-0.360.41-0.780.680.70.820.690.760.63-0.410.630.790.00.690.74-0.330.310.910.61-0.36-0.320.59
-0.88-0.85-0.790.44-0.66-0.78-0.77-0.75-0.91-0.85-0.9-0.80.3-0.8-0.680.37-0.87-0.880.280.2-0.86-0.830.740.72-0.48
0.680.980.52-0.150.480.68-0.770.480.790.660.690.7-0.680.70.33-0.530.640.94-0.19-0.160.870.72-0.64-0.650.75
0.950.560.98-0.730.540.7-0.750.480.870.880.930.79-0.160.790.790.140.950.65-0.220.130.660.7-0.16-0.130.33
0.960.850.88-0.550.620.82-0.910.790.870.890.980.86-0.450.860.75-0.180.950.9-0.240.010.880.86-0.47-0.470.54
0.950.750.92-0.690.720.69-0.850.660.880.890.950.91-0.170.910.58-0.090.940.82-0.260.060.690.89-0.49-0.460.36
0.990.780.95-0.670.690.76-0.90.690.930.980.950.9-0.30.90.75-0.110.990.86-0.240.030.790.89-0.44-0.430.42
0.910.770.88-0.790.830.63-0.80.70.790.860.910.9-0.171.00.49-0.180.910.86-0.210.050.660.93-0.48-0.450.49
-0.27-0.58-0.11-0.250.11-0.410.3-0.68-0.16-0.45-0.17-0.3-0.17-0.17-0.250.44-0.24-0.49-0.030.14-0.62-0.220.160.19-0.59
0.910.770.88-0.790.830.63-0.80.70.790.860.910.91.0-0.170.49-0.180.910.86-0.210.050.660.93-0.48-0.450.49
0.740.40.75-0.470.320.79-0.680.330.790.750.580.750.49-0.250.490.140.740.47-0.140.190.70.49-0.12-0.090.25
-0.09-0.520.05-0.26-0.320.00.37-0.530.14-0.18-0.09-0.11-0.180.44-0.180.14-0.12-0.46-0.070.75-0.35-0.350.740.74-0.21
0.990.730.97-0.730.710.69-0.870.640.950.950.940.990.91-0.240.910.74-0.120.82-0.19-0.020.740.87-0.4-0.380.38
0.850.980.72-0.380.730.74-0.880.940.650.90.820.860.86-0.490.860.47-0.460.82-0.25-0.110.870.91-0.68-0.670.57
-0.24-0.24-0.210.1-0.17-0.330.28-0.19-0.22-0.24-0.26-0.24-0.21-0.03-0.21-0.14-0.07-0.19-0.25-0.05-0.25-0.230.180.18-0.17
0.04-0.170.1-0.28-0.050.310.2-0.160.130.010.060.030.050.140.050.190.75-0.02-0.11-0.05-0.05-0.050.50.530.02
0.780.890.66-0.220.440.91-0.860.870.660.880.690.790.66-0.620.660.7-0.350.740.87-0.25-0.050.68-0.53-0.510.66
0.870.830.81-0.620.910.61-0.830.720.70.860.890.890.93-0.220.930.49-0.350.870.91-0.23-0.050.68-0.63-0.610.3
-0.4-0.7-0.260.03-0.57-0.360.74-0.64-0.16-0.47-0.49-0.44-0.480.16-0.48-0.120.74-0.4-0.680.180.5-0.53-0.630.99-0.29
-0.38-0.7-0.23-0.02-0.55-0.320.72-0.65-0.13-0.47-0.46-0.43-0.450.19-0.45-0.090.74-0.38-0.670.180.53-0.51-0.610.99-0.28
0.420.640.29-0.180.070.59-0.480.750.330.540.360.420.49-0.590.490.25-0.210.380.57-0.170.020.660.3-0.29-0.28
Click cells to compare fundamentals

Robert Half Account Relationship Matchups

Robert Half fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.6B3.0B3.0B3.0B3.2B
Short Long Term Debt Total273.8M302.7M265.1M237.9M241.9M254.0M
Total Stockholder Equity1.1B1.2B1.4B1.6B1.6B1.7B
Net Debt3.3M(271.7M)(353.9M)(420.8M)(489.8M)(465.3M)
Retained Earnings36.1M29.9M167.7M318.5M266.2M279.5M
Non Current Assets Total682.6M714.7M683.8M679.4M713.7M376.4M
Common Stock Shares Outstanding116.4M113.3M111.7M109.2M106.1M117.4M
Liabilities And Stockholders Equity2.3B2.6B3.0B3.0B3.0B3.2B
Non Current Liabilities Total227.0M305.5M212.6M179.7M187.3M196.7M
Other Stockholder Equity1.1B1.2B1.2B1.3B1.4B1.4B
Total Liab1.2B1.4B1.6B1.4B1.2B1.3B
Other Current Liab732.3M818.8M1.1B837.4M1.2B1.3B
Total Current Liabilities940.7M1.0B1.4B1.2B1.2B1.3B
Cash270.5M574.4M619.0M658.6M731.7M768.3M
Non Currrent Assets Other(581.5M)(601.2M)(548.4M)56.1M46.1M48.4M
Cash And Short Term Investments270.5M574.4M619.0M658.6M731.7M768.3M
Net Receivables832.8M714.2M984.7M1.0B860.9M438.5M
Other Current Assets42.8M49.8M55.6M50.0M34.4M62.4M
Total Current Assets1.6B1.8B2.3B2.3B2.3B2.4B
Short Term Debt71.6M78.8M83.8M86.1M80.5M84.5M
Intangible Assets1.8M5.6M3.3M5.3M2.4M2.3M
Accounts Payable123.8M130.8M183.8M168.2M156.7M112.3M
Property Plant And Equipment Net369.4M372.5M322.2M311.7M318.1M177.7M
Property Plant And Equipment Gross369.4M372.5M890.5M850.4M866.8M910.1M
Accumulated Other Comprehensive Income(20.0M)(4.7M)(22.6M)(43.6M)(32.6M)(31.0M)
Common Stock Total Equity115K113K111K108K97.2K113.7K
Common Stock115K113K111K108K105K112.5K
Other Liab24.8M81.6M31.3M28.0M32.2M21.2M
Property Plant Equipment128.4M109.8M322.2M109.7M126.1M147.4M
Good Will210.4M223.1M222.9M237.8M238.0M216.5M
Other Assets101.0M376.2M3.0B3.0B3.4B3.6B
Net Tangible Assets931.6M976.6M1.1B1.3B1.5B953.4M
Capital Surpluse1.1B1.2B1.2B1.3B1.5B1.1B
Non Current Liabilities Other226.8M305.5M212.6M179.7M25.9M24.6M

Robert Half Investors Sentiment

The influence of Robert Half's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Robert. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Robert Half's public news can be used to forecast risks associated with an investment in Robert. The trend in average sentiment can be used to explain how an investor holding Robert can time the market purely based on public headlines and social activities around Robert Half International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Robert Half's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Robert Half's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Robert Half's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Robert Half.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Robert Half in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Robert Half's short interest history, or implied volatility extrapolated from Robert Half options trading.

Currently Active Assets on Macroaxis

When determining whether Robert Half International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Robert Half's 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 Robert Half International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Robert Half International Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Robert Half International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Robert Half International information on this page should be used as a complementary analysis to other Robert Half'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Robert Half's price analysis, check to measure Robert Half'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 Robert Half is operating at the current time. Most of Robert Half's value examination focuses on studying past and present price action to predict the probability of Robert Half's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robert Half's price. Additionally, you may evaluate how the addition of Robert Half to your portfolios can decrease your overall portfolio volatility.
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Is Robert Half'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 Robert Half. If investors know Robert 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 Robert Half 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
(0.47)
Dividend Share
1.97
Earnings Share
3.35
Revenue Per Share
58.663
Quarterly Revenue Growth
(0.14)
The market value of Robert Half International is measured differently than its book value, which is the value of Robert that is recorded on the company's balance sheet. Investors also form their own opinion of Robert Half's value that differs from its market value or its book value, called intrinsic value, which is Robert Half'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 Robert Half's market value can be influenced by many factors that don't directly affect Robert Half'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 Robert Half's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robert Half is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robert Half'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.