RLI Other Current Liab from 2010 to 2024

RLI Stock  USD 180.24  0.65  0.36%   
RLI Corp's Other Current Liabilities is decreasing with slightly volatile movements from year to year. Other Current Liabilities is estimated to finish at about -67.9 M this year. For the period between 2010 and 2024, RLI Corp, Other Current Liabilities quarterly trend regression had mean deviation of  941,177,623 and range of 2.4 B. View All Fundamentals
 
Other Current Liabilities  
First Reported
1989-06-30
Previous Quarter
-46.6 M
Current Value
-43.4 M
Quarterly Volatility
859.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RLI Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RLI Corp's main balance sheet or income statement drivers, such as Interest Expense of 4.9 M, Total Revenue of 1.6 B or Gross Profit of 1.6 B, as well as many indicators such as . RLI financial statements analysis is a perfect complement when working with RLI Corp Valuation or Volatility modules.
  
Check out the analysis of RLI Corp Correlation against competitors.
For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.

Latest RLI Corp's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of RLI Corp over the last few years. It is RLI Corp's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RLI Corp's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

RLI Other Current Liab Regression Statistics

Arithmetic Mean812,392,690
Geometric Mean238,463,585
Coefficient Of Variation121.02
Mean Deviation941,177,623
Median(2,700,000)
Standard Deviation983,177,858
Sample Variance966638.7T
Range2.4B
R-Value(0.45)
Mean Square Error827441.1T
R-Squared0.21
Significance0.09
Slope(99,574,234)
Total Sum of Squares13532941.8T

RLI Other Current Liab History

2024-67.9 M
2023-71.5 M
2022-262.8 M
2021-42.9 M
2020-42.3 M
2019-25.7 M
20182.1 B

About RLI Corp Financial Statements

Investors use fundamental indicators, such as RLI Corp's Other Current Liab, to determine how well the company is positioned to perform in the future. Although RLI Corp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Liabilities-71.5 M-67.9 M

Currently Active Assets on Macroaxis

When determining whether RLI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLI Corp'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 Rli Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rli Corp Stock:
Check out the analysis of RLI Corp Correlation against competitors.
For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Property & Casualty Insurance 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 RLI Corp. If investors know RLI 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 RLI Corp 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
6.103
Dividend Share
1.12
Earnings Share
9.08
Revenue Per Share
38.608
Quarterly Revenue Growth
0.417
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.