CHRW Stock | | | USD 105.25 1.11 1.04% |
CH Robinson financial indicator trend analysis is way more than just evaluating CH Robinson Worldwide prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CH Robinson Worldwide is a good investment. Please check the relationship between CH Robinson Accumulated Depreciation and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CH Robinson Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Accumulated Depreciation vs Long Term Debt
Accumulated Depreciation vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CH Robinson Worldwide Accumulated Depreciation account and
Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between CH Robinson's Accumulated Depreciation and Long Term Debt is -0.87. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of CH Robinson Worldwide, assuming nothing else is changed. The correlation between historical values of CH Robinson's Accumulated Depreciation and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of CH Robinson Worldwide are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accumulated Depreciation i.e., CH Robinson's Accumulated Depreciation and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for CH Robinson Worldwide fixed asset that has been charged to CH Robinson expense since that asset was acquired and made available for CH Robinson use. The accumulated depreciation account is CH Robinson Worldwide asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by CH Robinson Worldwide.
Long Term Debt
Long-term debt is a debt that CH Robinson Worldwide has held for over one year. Long-term debt appears on CH Robinson Worldwide balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on CH Robinson Worldwide balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from CH Robinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CH Robinson Worldwide 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 CH Robinson Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 490
M in 2024.
Tax Provision is likely to drop to about 67.6
M in 2024
CH Robinson fundamental ratios Correlations
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CH Robinson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CH Robinson fundamental ratios Accounts
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Additional Tools for CHRW Stock Analysis
When running CH Robinson's price analysis, check to
measure CH Robinson'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 CH Robinson is operating at the current time. Most of CH Robinson's value examination focuses on studying past and present price action to
predict the probability of CH Robinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CH Robinson's price. Additionally, you may evaluate how the addition of CH Robinson to your portfolios can decrease your overall portfolio volatility.