Raymond Non Currrent Assets Other vs Total Current Liabilities Analysis

RJF Stock  USD 125.27  0.31  0.25%   
Raymond James financial indicator trend analysis is much more than just breaking down Raymond James Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raymond James Financial is a good investment. Please check the relationship between Raymond James Non Currrent Assets Other and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raymond James Financial Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Raymond James' Non Currrent Assets Other and Total Current Liabilities is -0.25. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Raymond James Financial, assuming nothing else is changed. The correlation between historical values of Raymond James' Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Raymond James Financial are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Raymond James' Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Liabilities

Total Current Liabilities is an item on Raymond James balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Raymond James Financial 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 indicators from Raymond James' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raymond James Financial 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 Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
At this time, Raymond James' Enterprise Value Multiple is most likely to slightly decrease in the upcoming years. The Raymond James' current Enterprise Value is estimated to increase to about 7.5 B, while Tax Provision is projected to decrease to roughly 406.7 M.
 2021 2022 2023 2024 (projected)
Operating Income2.3B7.2B8.3B8.7B
Other Operating Expenses5.7B5.8B6.6B7.0B

Raymond James fundamental ratios Correlations

0.480.680.570.42-0.30.490.420.18-0.30.50.370.890.310.720.470.34-0.510.380.460.270.320.060.820.380.53
0.480.880.980.98-0.890.990.960.32-0.790.950.970.60.650.321.00.92-0.40.530.420.940.970.10.730.980.83
0.680.880.920.88-0.680.890.830.45-0.570.80.840.740.590.480.870.85-0.490.540.460.820.780.240.820.850.92
0.570.980.920.97-0.870.990.960.36-0.710.920.960.650.580.360.980.91-0.390.50.40.910.940.150.780.960.86
0.420.980.880.97-0.920.990.980.44-0.690.881.00.540.560.180.980.96-0.360.50.390.970.970.230.730.970.85
-0.3-0.89-0.68-0.87-0.92-0.91-0.96-0.330.68-0.82-0.94-0.4-0.36-0.01-0.89-0.870.24-0.38-0.29-0.88-0.95-0.16-0.61-0.89-0.66
0.490.990.890.990.99-0.910.980.35-0.730.930.980.580.560.270.990.93-0.330.460.350.930.960.140.740.980.83
0.420.960.830.960.98-0.960.980.33-0.70.890.980.490.430.170.960.9-0.270.420.30.910.970.140.670.950.78
0.180.320.450.360.44-0.330.350.330.260.030.420.340.17-0.240.310.59-0.540.540.560.50.30.90.540.30.53
-0.3-0.79-0.57-0.71-0.690.68-0.73-0.70.26-0.9-0.71-0.42-0.68-0.44-0.79-0.590.15-0.25-0.17-0.67-0.780.42-0.42-0.78-0.49
0.50.950.80.920.88-0.820.930.890.03-0.90.880.560.650.470.950.77-0.320.440.340.830.92-0.160.630.930.7
0.370.970.840.961.0-0.940.980.980.42-0.710.880.490.550.140.970.95-0.340.490.380.970.980.220.690.970.81
0.890.60.740.650.54-0.40.580.490.34-0.420.560.490.540.660.590.55-0.630.520.60.460.460.140.880.520.69
0.310.650.590.580.56-0.360.560.430.17-0.680.650.550.540.50.650.59-0.560.60.570.650.560.00.520.610.55
0.720.320.480.360.18-0.010.270.17-0.24-0.440.470.140.660.50.320.11-0.410.330.330.110.16-0.430.370.230.34
0.471.00.870.980.98-0.890.990.960.31-0.790.950.970.590.650.320.92-0.40.530.430.940.980.090.720.980.83
0.340.920.850.910.96-0.870.930.90.59-0.590.770.950.550.590.110.92-0.420.530.440.970.910.360.710.930.88
-0.51-0.4-0.49-0.39-0.360.24-0.33-0.27-0.540.15-0.32-0.34-0.63-0.56-0.41-0.4-0.42-0.95-0.99-0.42-0.33-0.45-0.6-0.27-0.47
0.380.530.540.50.5-0.380.460.420.54-0.250.440.490.520.60.330.530.53-0.950.960.570.50.430.540.420.54
0.460.420.460.40.39-0.290.350.30.56-0.170.340.380.60.570.330.430.44-0.990.960.460.380.460.590.310.46
0.270.940.820.910.97-0.880.930.910.5-0.670.830.970.460.650.110.940.97-0.420.570.460.940.30.660.930.81
0.320.970.780.940.97-0.950.960.970.3-0.780.920.980.460.560.160.980.91-0.330.50.380.940.10.620.970.75
0.060.10.240.150.23-0.160.140.140.90.42-0.160.220.140.0-0.430.090.36-0.450.430.460.30.10.430.070.28
0.820.730.820.780.73-0.610.740.670.54-0.420.630.690.880.520.370.720.71-0.60.540.590.660.620.430.660.74
0.380.980.850.960.97-0.890.980.950.3-0.780.930.970.520.610.230.980.93-0.270.420.310.930.970.070.660.82
0.530.830.920.860.85-0.660.830.780.53-0.490.70.810.690.550.340.830.88-0.470.540.460.810.750.280.740.82
Click cells to compare fundamentals

Raymond James Account Relationship Matchups

Raymond James fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding210.3M211.2M215.3M216.9M249.4M196.7M
Total Assets47.5B61.9B81.0B78.4B90.1B94.6B
Short Long Term Debt Total3.3B2.9B3.3B3.1B3.6B3.8B
Total Stockholder Equity7.1B8.2B9.5B10.2B11.7B12.3B
Property Plant And Equipment Net856M945M983M1.1B1.3B1.4B
Net Debt(2.1B)(4.3B)(2.8B)(6.2B)(5.6B)(5.3B)
Retained Earnings6.5B7.6B8.8B10.2B11.7B12.3B
Cash5.4B7.2B6.2B9.3B10.7B11.2B
Non Current Assets Total10.1B11.1B2.6B2.6B2.4B2.2B
Non Currrent Assets Other(262M)(305M)(12.4B)(10.7B)(9.6B)(9.2B)
Other Assets20.9B31.4B59.4B54.7B62.9B66.1B
Cash And Short Term Investments13.0B15.5B16.1B18.5B21.3B22.3B
Net Receivables3.4B3.8B4.5B4.1B4.8B2.5B
Liabilities And Stockholders Equity47.5B61.9B81.0B78.4B90.1B94.6B
Non Current Liabilities Total3.3B2.9B11.4B3.1B3.6B3.8B
Other Stockholder Equity617M651M1.5B891M1.0B1.1B
Total Liab40.3B53.6B71.5B68.2B78.4B82.3B
Total Current Assets16.4B19.3B19.0B21.0B18.9B21.8B
Other Current Liab(6.8B)(14.0B)(11.4B)(5.4B)(4.9B)(4.7B)
Total Current Liabilities6.8B14.0B11.4B5.4B6.3B7.6B
Accounts Payable6.8B14.0B11.4B5.4B6.3B4.5B
Short Term Investments7.7B8.3B9.9B9.2B8.2B11.2B
Property Plant And Equipment Gross856M1.8B1.9B2.2B2.5B2.6B
Accumulated Other Comprehensive Income11M(41M)(982M)(971M)(873.9M)(830.2M)
Short Term Debt27.2B32.9B583M456M524.4M498.2M
Other Liab27.7B33.4B51.9B54.7B62.9B66.1B
Long Term Debt3.3B3.1B3.3B3.1B3.6B3.8B
Good Will466M660M1.4B1.4B1.3B2.3B
Inventory14.2B23.6B19.1B16.4B18.9B19.9B
Treasury Stock(447.3M)(1.2B)(1.4B)(1.4B)(1.3B)(1.2B)
Intangible Assets134M222M509M470M540.5M567.5M
Property Plant Equipment535M945M983M1.1B1.3B1.4B
Current Deferred Revenue(20.4B)(18.9B)10.9B5.0B5.7B6.0B
Other Current Assets(14.2B)(23.6B)(20.7B)(18.0B)(16.2B)(15.4B)

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When determining whether Raymond James Financial is a strong investment it is important to analyze Raymond James' 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 Raymond James' future performance. For an informed investment choice regarding Raymond 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 Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is Raymond James' 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 Raymond James. If investors know Raymond 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 Raymond James 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
0.151
Dividend Share
1.74
Earnings Share
8.28
Revenue Per Share
57.442
Quarterly Revenue Growth
0.1
The market value of Raymond James Financial is measured differently than its book value, which is the value of Raymond that is recorded on the company's balance sheet. Investors also form their own opinion of Raymond James' value that differs from its market value or its book value, called intrinsic value, which is Raymond James' 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 Raymond James' market value can be influenced by many factors that don't directly affect Raymond James' 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 Raymond James' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raymond James is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raymond James' 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.