Roper Common Stock vs Cash And Short Term Investments Analysis

0KXM Stock   527.10  0.43  0.08%   
Roper Technologies financial indicator trend analysis is much more than just breaking down Roper Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roper Technologies is a good investment. Please check the relationship between Roper Technologies Common Stock and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Roper Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roper Technologies Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Roper Technologies' Common Stock and Cash And Short Term Investments is 0.46. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Roper Technologies, assuming nothing else is changed. The correlation between historical values of Roper Technologies' Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Roper Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Roper Technologies' Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Roper Technologies balance sheet. This account contains Roper Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Roper Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Roper Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roper Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Roper Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 2.8 B in 2024. Tax Provision is likely to gain to about 341.9 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense234.1M192.4M164.7M172.9M
Depreciation And Amortization615.9M650.1M755.2M793.0M

Roper Technologies fundamental ratios Correlations

0.890.530.960.970.290.90.970.140.071.00.070.850.530.91-0.010.410.970.950.520.71.00.920.580.981.0
0.890.760.880.760.471.00.760.210.160.880.160.780.561.00.170.550.820.990.660.710.880.820.580.80.89
0.530.760.570.350.450.760.340.190.090.510.090.510.470.750.330.780.470.720.740.440.50.650.480.420.53
0.960.880.570.920.30.880.920.130.070.960.070.830.510.880.010.50.930.930.570.850.950.910.550.950.96
0.970.760.350.920.170.771.00.090.020.980.020.810.460.79-0.120.290.960.850.380.630.970.890.520.990.97
0.290.470.450.30.170.430.140.910.490.260.490.670.840.460.850.070.380.430.70.280.230.210.820.120.29
0.91.00.760.880.770.430.770.160.070.890.070.750.520.990.120.570.820.990.610.70.890.840.540.820.9
0.970.760.340.921.00.140.770.060.010.970.010.790.430.79-0.150.280.950.840.370.630.970.890.490.990.97
0.140.210.190.130.090.910.160.060.620.110.620.60.850.220.84-0.140.30.20.630.10.080.040.830.00.14
0.070.160.090.070.020.490.070.010.620.041.00.340.550.150.49-0.170.140.130.620.180.02-0.090.46-0.070.06
1.00.880.510.960.980.260.890.970.110.040.040.830.50.9-0.050.390.960.940.480.691.00.920.550.981.0
0.070.160.090.070.020.490.070.010.621.00.040.340.550.150.49-0.170.140.130.620.180.02-0.090.46-0.070.06
0.850.780.510.830.810.670.750.790.60.340.830.340.80.790.420.210.910.820.670.60.80.760.820.770.85
0.530.560.470.510.460.840.520.430.850.550.50.550.80.580.770.260.660.570.840.390.480.420.980.370.52
0.911.00.750.880.790.460.990.790.220.150.90.150.790.580.160.530.850.990.660.670.90.850.60.820.91
-0.010.170.330.01-0.120.850.12-0.150.840.49-0.050.490.420.770.160.120.140.130.610.04-0.07-0.040.67-0.19-0.02
0.410.550.780.50.290.070.570.28-0.14-0.170.39-0.170.210.260.530.120.370.530.550.460.40.490.260.350.4
0.970.820.470.930.960.380.820.950.30.140.960.140.910.660.850.140.370.890.560.640.950.870.70.930.97
0.950.990.720.930.850.430.990.840.20.130.940.130.820.570.990.130.530.890.650.730.940.880.60.870.95
0.520.660.740.570.380.70.610.370.630.620.480.620.670.840.660.610.550.560.650.550.460.460.820.360.5
0.70.710.440.850.630.280.70.630.10.180.690.180.60.390.670.040.460.640.730.550.690.630.40.680.7
1.00.880.50.950.970.230.890.970.080.021.00.020.80.480.9-0.070.40.950.940.460.690.920.530.980.99
0.920.820.650.910.890.210.840.890.04-0.090.92-0.090.760.420.85-0.040.490.870.880.460.630.920.480.910.92
0.580.580.480.550.520.820.540.490.830.460.550.460.820.980.60.670.260.70.60.820.40.530.480.440.56
0.980.80.420.950.990.120.820.990.0-0.070.98-0.070.770.370.82-0.190.350.930.870.360.680.980.910.440.98
1.00.890.530.960.970.290.90.970.140.061.00.060.850.520.91-0.020.40.970.950.50.70.990.920.560.98
Click cells to compare fundamentals

Roper Technologies Account Relationship Matchups

Roper Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B24.0B23.7B27.0B28.2B29.6B
Short Long Term Debt Total5.3B9.6B7.9B6.7B6.4B6.7B
Other Current Liab1.4B1.7B2.1B637M653.2M433.3M
Total Current Liabilities2.4B2.4B3.1B2.9B3.0B3.1B
Total Stockholder Equity9.5B10.5B11.6B16.0B17.4B18.3B
Property Plant And Equipment Net139.9M140.6M102.8M85.3M119.6M91.1M
Net Debt4.6B9.3B7.6B5.9B6.2B6.5B
Retained Earnings7.8B8.5B9.5B13.7B14.8B15.6B
Accounts Payable162M127.1M98.3M122.6M143M94.2M
Cash709.7M308.3M351.5M792.8M214.3M268.3M
Non Current Assets Total16.1B22.3B21.3B25.0B26.7B28.0B
Cash And Short Term Investments709.7M308.3M351.5M792.8M214.3M268.3M
Net Receivables993.6M840.4M786.3M877M984M1.0B
Common Stock Shares Outstanding105.1M105.7M106.5M106.8M107.4M94.2M
Liabilities And Stockholders Equity18.1B24.0B23.7B27.0B28.2B29.6B
Non Current Liabilities Total6.2B11.1B9.0B8.1B7.8B8.1B
Inventory198.6M198.4M176.1M111.3M118.6M138.4M
Other Current Assets97.6M438.5M1.2B151.3M164.5M110.3M
Other Stockholder Equity1.9B2.1B2.3B2.5B2.8B2.9B
Total Liab8.6B13.5B12.2B10.9B10.7B11.3B
Total Current Assets2.0B1.8B2.4B1.9B1.5B958.9M
Short Term Debt659M556.2M840.7M745.6M542.8M569.9M
Intangible Assets4.7B7.2B6.6B8.0B8.2B8.6B
Non Currrent Assets Other390.8M425.8M405.9M395.4M407.7M428.1M
Accumulated Other Comprehensive Income(212.8M)(147M)(183.1M)(187M)(122.8M)(116.7M)
Current Deferred Revenue831.8M994.6M1.1B1.4B1.6B1.7B
Good Will10.8B14.4B14.1B15.9B17.1B18.0B
Other Assets219.5M778.4M970.7M171.3M197.0M311.6M
Other Liab1.3B1.8B1.7B1.9B2.2B1.7B
Net Tangible Assets(6.0B)(10.7B)(9.1B)(8.0B)(7.2B)(7.6B)
Long Term Debt4.9B4.7B9.1B7.1B8.2B6.6B
Capital Surpluse1.8B1.9B2.1B2.3B2.7B2.1B
Treasury Stock(18.5M)(18.3M)(18M)(17.6M)(20.2M)(21.3M)
Property Plant Equipment406.8M359.9M323.8M281.4M323.6M301.2M

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