RMR Good Will vs Total Current Assets Analysis

RMR Stock

USD 22.47 0.33 1.45%

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

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RMR Group Good Will account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between RMR's Good Will and Total Current Assets is -0.76. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of RMR Group, assuming nothing else is changed. The correlation between historical values of RMR's Good Will and Total Current 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 Good Will of RMR Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., RMR's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.

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

At this time, RMR's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/17/2024, Enterprise Value Over EBITDA is likely to grow to 1.49, while Selling General Administrative is likely to drop slightly above 36 M.

	2021	2022	2023	2024 (projected)
Gross Profit	133.9M	169.6M	195.0M	181.9M
Total Revenue	832.5M	962.3M	1.1B	1.2B

Gross Profit Total Revenue

RMR fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	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	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Retained Earnings	Other Assets
Total Assets		0.56	0.52	0.9	0.34	0.61	-0.91	0.45	0.96	0.57	0.29	0.96	0.64	-0.65	0.48	0.6	0.7	-0.13	0.8	0.57	0.95	-0.65	0.35	0.4	0.69	0.6
Other Current Liab	0.56		0.97	0.52	-0.24	0.68	-0.39	0.17	0.51	0.09	-0.13	0.51	0.83	-0.22	0.4	0.04	0.21	-0.53	0.82	0.67	0.62	-0.22	0.71	0.49	0.66	-0.07
Total Current Liabilities	0.52	0.97		0.53	-0.39	0.66	-0.4	0.03	0.5	-0.01	-0.25	0.5	0.85	-0.1	0.53	-0.06	0.09	-0.39	0.78	0.62	0.62	-0.1	0.59	0.62	0.54	-0.21
Total Stockholder Equity	0.9	0.52	0.53		0.01	0.52	-0.95	0.47	0.97	0.16	-0.11	0.97	0.74	-0.27	0.47	0.26	0.57	-0.21	0.6	0.52	0.98	-0.27	0.29	0.64	0.64	0.29
Other Liab	0.34	-0.24	-0.39	0.01		0.01	-0.16	0.25	0.15	0.84	0.79	0.15	-0.26	-0.77	-0.19	0.88	0.54	0.16	0.22	0.01	0.07	-0.77	0.01	-0.65	0.18	0.95
Property Plant And Equipment Net	0.61	0.68	0.66	0.52	0.01		-0.41	0.01	0.5	0.35	-0.01	0.5	0.7	-0.37	0.65	0.42	0.03	-0.48	0.81	0.86	0.57	-0.37	0.71	0.27	0.74	0.19
Net Debt	-0.91	-0.39	-0.4	-0.95	-0.16	-0.41		-0.52	-0.98	-0.3	-0.12	-0.98	-0.55	0.43	-0.38	-0.34	-0.7	0.12	-0.53	-0.45	-0.94	0.43	-0.2	-0.58	-0.62	-0.44
Accounts Payable	0.45	0.17	0.03	0.47	0.25	0.01	-0.52		0.51	0.19	0.23	0.51	0.09	-0.31	-0.26	0.13	0.71	-0.38	0.1	0.22	0.45	-0.31	0.26	0.18	0.52	0.37
Cash	0.96	0.51	0.5	0.97	0.15	0.5	-0.98	0.51		0.34	0.1	1.0	0.65	-0.46	0.43	0.38	0.67	-0.16	0.65	0.51	0.98	-0.46	0.26	0.58	0.65	0.44
Non Current Assets Total	0.57	0.09	-0.01	0.16	0.84	0.35	-0.3	0.19	0.34		0.89	0.34	-0.06	-0.97	0.22	0.93	0.53	0.17	0.57	0.24	0.27	-0.97	0.14	-0.34	0.32	0.9
Non Currrent Assets Other	0.29	-0.13	-0.25	-0.11	0.79	-0.01	-0.12	0.23	0.1	0.89		0.1	-0.43	-0.88	-0.1	0.71	0.5	0.24	0.24	-0.03	-0.01	-0.88	-0.08	-0.39	0.13	0.8
Cash And Short Term Investments	0.96	0.51	0.5	0.97	0.15	0.5	-0.98	0.51	1.0	0.34	0.1		0.65	-0.46	0.43	0.38	0.67	-0.16	0.65	0.51	0.98	-0.46	0.26	0.58	0.65	0.44
Net Receivables	0.64	0.83	0.85	0.74	-0.26	0.7	-0.55	0.09	0.65	-0.06	-0.43	0.65		0.0	0.53	0.07	0.19	-0.39	0.74	0.62	0.77	0.0	0.59	0.52	0.59	-0.07
Common Stock Total Equity	-0.65	-0.22	-0.1	-0.27	-0.77	-0.37	0.43	-0.31	-0.46	-0.97	-0.88	-0.46	0.0		-0.19	-0.86	-0.64	-0.04	-0.61	-0.3	-0.39	1.0	-0.21	0.21	-0.45	-0.88
Common Stock Shares Outstanding	0.48	0.4	0.53	0.47	-0.19	0.65	-0.38	-0.26	0.43	0.22	-0.1	0.43	0.53	-0.19		0.23	-0.07	0.14	0.58	0.39	0.48	-0.19	0.19	0.46	0.19	0.0
Non Current Liabilities Total	0.6	0.04	-0.06	0.26	0.88	0.42	-0.34	0.13	0.38	0.93	0.71	0.38	0.07	-0.86	0.23		0.47	0.14	0.58	0.3	0.34	-0.86	0.17	-0.43	0.34	0.92
Other Current Assets	0.7	0.21	0.09	0.57	0.54	0.03	-0.7	0.71	0.67	0.53	0.5	0.67	0.19	-0.64	-0.07	0.47		-0.02	0.36	0.04	0.61	-0.64	0.1	0.08	0.46	0.7
Other Stockholder Equity	-0.13	-0.53	-0.39	-0.21	0.16	-0.48	0.12	-0.38	-0.16	0.17	0.24	-0.16	-0.39	-0.04	0.14	0.14	-0.02		-0.23	-0.65	-0.22	-0.04	-0.76	-0.14	-0.77	0.12
Total Liab	0.8	0.82	0.78	0.6	0.22	0.81	-0.53	0.1	0.65	0.57	0.24	0.65	0.74	-0.61	0.58	0.58	0.36	-0.23		0.69	0.72	-0.61	0.59	0.25	0.65	0.4
Property Plant And Equipment Gross	0.57	0.67	0.62	0.52	0.01	0.86	-0.45	0.22	0.51	0.24	-0.03	0.51	0.62	-0.3	0.39	0.3	0.04	-0.65	0.69		0.57	-0.3	0.85	0.31	0.83	0.16
Total Current Assets	0.95	0.62	0.62	0.98	0.07	0.57	-0.94	0.45	0.98	0.27	-0.01	0.98	0.77	-0.39	0.48	0.34	0.61	-0.22	0.72	0.57		-0.39	0.36	0.6	0.68	0.35
Common Stock	-0.65	-0.22	-0.1	-0.27	-0.77	-0.37	0.43	-0.31	-0.46	-0.97	-0.88	-0.46	0.0	1.0	-0.19	-0.86	-0.64	-0.04	-0.61	-0.3	-0.39		-0.21	0.21	-0.45	-0.88
Property Plant Equipment	0.35	0.71	0.59	0.29	0.01	0.71	-0.2	0.26	0.26	0.14	-0.08	0.26	0.59	-0.21	0.19	0.17	0.1	-0.76	0.59	0.85	0.36	-0.21		0.08	0.78	0.09
Net Tangible Assets	0.4	0.49	0.62	0.64	-0.65	0.27	-0.58	0.18	0.58	-0.34	-0.39	0.58	0.52	0.21	0.46	-0.43	0.08	-0.14	0.25	0.31	0.6	0.21	0.08		0.29	-0.4
Retained Earnings	0.69	0.66	0.54	0.64	0.18	0.74	-0.62	0.52	0.65	0.32	0.13	0.65	0.59	-0.45	0.19	0.34	0.46	-0.77	0.65	0.83	0.68	-0.45	0.78	0.29		0.36
Other Assets	0.6	-0.07	-0.21	0.29	0.95	0.19	-0.44	0.37	0.44	0.9	0.8	0.44	-0.07	-0.88	0.0	0.92	0.7	0.12	0.4	0.16	0.35	-0.88	0.09	-0.4	0.36

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RMR Account Relationship Matchups

RMR fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	690.3M	497.9M	542.4M	582.4M	669.8M	498.9M
Other Current Liab	56.1M	61.2M	87.7M	100.5M	115.6M	60.1M
Total Current Liabilities	81.8M	81.1M	109.2M	105.6M	121.4M	69.1M
Total Stockholder Equity	295.9M	195.1M	206.6M	240.1M	276.1M	217.1M
Other Liab	40.8M	35.6M	39.9M	37.9M	43.5M	46.5M
Property Plant And Equipment Net	37.0M	34.5M	31.4M	34.5M	39.6M	41.6M
Net Debt	(333.2M)	(125.8M)	(158.8M)	(237.9M)	(214.1M)	(224.8M)
Accounts Payable	17.0M	15.0M	16.7M	19.1M	22.0M	19.9M
Cash	369.7M	159.8M	189.1M	268.0M	308.2M	196.7M
Non Current Assets Total	234.1M	243.4M	239.1M	196.1M	225.5M	222.7M
Non Currrent Assets Other	151.5M	148.6M	139.5M	122.7M	141.2M	157.7M
Cash And Short Term Investments	369.7M	159.8M	189.1M	268.0M	308.2M	196.7M
Net Receivables	82.6M	88.7M	108.8M	111.3M	128.0M	72.7M
Common Stock Shares Outstanding	31.2M	31.3M	31.3M	16.4M	18.9M	20.8M
Liabilities And Stockholders Equity	690.3M	497.9M	542.4M	582.4M	669.8M	498.9M
Non Current Liabilities Total	67.6M	69.1M	63.5M	53.2M	61.2M	56.2M
Other Current Assets	3.9M	6.0M	5.4M	7.0M	8.0M	6.8M
Other Stockholder Equity	106.6M	109.9M	113.1M	(173.1M)	(155.8M)	(148.0M)
Total Liab	149.4M	150.2M	172.7M	158.8M	182.6M	125.3M
Property Plant And Equipment Gross	37.0M	2.2M	31.4M	37.7M	43.3M	45.5M
Total Current Assets	456.1M	254.5M	303.3M	386.3M	444.3M	276.2M
Property Plant Equipment	2.4M	2.3M	2.2M	31.4M	36.1M	37.9M
Net Tangible Assets	286.5M	293.8M	195.1M	204.6M	235.2M	220.9M
Retained Earnings	189.3M	85.2M	93.5M	413.1M	475.1M	498.8M
Other Assets	188.1M	175.4M	167.3M	156.6M	180.0M	194.1M
Long Term Investments	7.8M	14.3M	49.1M	18.7M	21.4M	17.8M
Intangible Assets	277K	235K	198K	167K	150.3K	142.8K
Capital Surpluse	103.4M	106.6M	109.9M	113.1M	130.1M	112.2M
Non Current Liabilities Other	32.0M	29.1M	23.3M	20.9M	18.8M	28.8M
Net Invested Capital	295.9M	195.1M	206.6M	240.1M	276.1M	252.8M
Net Working Capital	374.4M	173.4M	194.1M	280.7M	322.8M	278.4M

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RMR Good Will vs Total Current Assets Analysis

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

Correlation Coefficient

Good Will

Total Current Assets

RMR fundamental ratios Correlations

RMR Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RMR fundamental ratios Accounts

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

Additional Tools for RMR Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Current Liabilities	+ 0.97	Other Current Liab

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Common Stock	- 0.97	Non Current Assets Total
Common Stock Total Equity	- 0.97	Non Current Assets Total
Net Debt	- 0.95	Total Stockholder Equity
Total Current Assets	- 0.94	Net Debt