Rio Non Currrent Assets Other vs Other Stockholder Equity Analysis

RIO Stock   4,802  11.50  0.24%   
Rio Tinto financial indicator trend analysis is much more than just breaking down Rio Tinto PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rio Tinto PLC is a good investment. Please check the relationship between Rio Tinto Non Currrent Assets Other and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Currrent Assets Other vs Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rio Tinto PLC Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rio Tinto's Non Currrent Assets Other and Other Stockholder Equity is 0.63. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Rio Tinto PLC, assuming nothing else is changed. The correlation between historical values of Rio Tinto's Non Currrent Assets Other and Other Stockholder Equity 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 Rio Tinto PLC are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Rio Tinto's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Other Stockholder Equity

Most indicators from Rio Tinto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rio Tinto PLC 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 Rio Tinto PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 4 B. The current year's Tax Provision is expected to grow to about 5 B
 2022 2023 2024 2025 (projected)
Interest Expense1.9B2.0B1.6B1.7B
Depreciation And Amortization5.0B5.3B5.9B6.2B

Rio Tinto fundamental ratios Correlations

0.750.520.970.760.980.330.490.460.60.771.00.690.70.190.860.810.160.970.780.910.880.980.370.930.45
0.750.390.750.410.720.040.90.060.360.560.770.230.4-0.020.80.8-0.290.870.440.750.80.850.010.570.81
0.520.390.520.660.620.880.270.61-0.240.370.50.440.380.430.520.490.220.450.580.560.350.470.660.540.28
0.970.750.520.780.930.350.520.480.620.720.960.680.670.180.880.80.170.940.810.930.880.970.40.930.53
0.760.410.660.780.750.630.210.90.490.530.750.570.520.340.820.770.220.680.740.690.590.710.790.780.1
0.980.720.620.930.750.430.460.470.440.750.980.690.690.280.810.770.170.940.780.890.830.950.410.910.44
0.330.040.880.350.630.43-0.110.68-0.270.30.30.50.390.60.320.330.450.190.390.420.180.230.640.45-0.1
0.490.90.270.520.210.46-0.11-0.070.240.140.54-0.1-0.04-0.270.670.61-0.540.650.320.580.560.63-0.060.220.79
0.460.060.610.480.90.470.68-0.070.270.260.430.370.280.410.540.480.20.320.620.380.180.370.930.52-0.14
0.60.36-0.240.620.490.44-0.270.240.270.370.60.360.32-0.210.610.540.020.60.440.490.610.610.120.530.1
0.770.560.370.720.530.750.30.140.260.370.730.690.960.470.540.660.370.730.380.60.750.730.140.860.34
1.00.770.50.960.750.980.30.540.430.60.730.640.650.150.880.820.10.980.770.910.880.990.350.90.46
0.690.230.440.680.570.690.5-0.10.370.360.690.640.820.330.420.450.810.580.540.630.630.610.280.820.03
0.70.40.380.670.520.690.39-0.040.280.320.960.650.820.510.440.570.610.630.360.550.690.640.150.850.2
0.19-0.020.430.180.340.280.6-0.270.41-0.210.470.150.330.510.010.190.370.080.10.120.020.110.320.350.02
0.860.80.520.880.820.810.320.670.540.610.540.880.420.440.010.93-0.090.890.660.870.840.90.430.730.44
0.810.80.490.80.770.770.330.610.480.540.660.820.450.570.190.930.00.860.460.760.840.860.330.70.41
0.16-0.290.220.170.220.170.45-0.540.20.020.370.10.810.610.37-0.090.00.020.110.120.160.060.120.4-0.32
0.970.870.450.940.680.940.190.650.320.60.730.980.580.630.080.890.860.020.690.890.921.00.240.840.57
0.780.440.580.810.740.780.390.320.620.440.380.770.540.360.10.660.460.110.690.720.520.730.690.770.39
0.910.750.560.930.690.890.420.580.380.490.60.910.630.550.120.870.760.120.890.720.860.910.270.830.46
0.880.80.350.880.590.830.180.560.180.610.750.880.630.690.020.840.840.160.920.520.860.920.060.810.47
0.980.850.470.970.710.950.230.630.370.610.730.990.610.640.110.90.860.061.00.730.910.920.280.870.57
0.370.010.660.40.790.410.64-0.060.930.120.140.350.280.150.320.430.330.120.240.690.270.060.280.43-0.06
0.930.570.540.930.780.910.450.220.520.530.860.90.820.850.350.730.70.40.840.770.830.810.870.430.34
0.450.810.280.530.10.44-0.10.79-0.140.10.340.460.030.20.020.440.41-0.320.570.390.460.470.57-0.060.34
Click cells to compare fundamentals

Rio Tinto Account Relationship Matchups

Rio Tinto fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets97.4B102.9B96.7B103.5B102.8B60.5B
Short Long Term Debt Total14.0B13.5B12.3B14.4B13.9B13.1B
Other Current Liab6.0B6.7B6.9B6.9B6.8B7.1B
Total Current Liabilities11.6B12.6B11.6B12.7B11.7B8.8B
Total Stockholder Equity47.1B51.4B50.2B54.6B55.2B58.0B
Property Plant And Equipment Net62.9B64.9B64.7B68.4B69.1B35.9B
Net Debt3.6B724M5.5B5.7B7.0B8.4B
Retained Earnings26.8B33.3B34.5B38.4B42.5B44.7B
Accounts Payable3.1B3.4B3.3B3.3B3.2B2.5B
Cash10.4B12.8B6.8B8.7B6.8B4.7B
Non Current Assets Total76.5B78.5B77.8B82.0B83.7B47.8B
Non Currrent Assets Other4.8B5.0B4.3B3.6B2.6B1.5B
Cash And Short Term Investments13.2B15.4B8.9B9.8B7.2B5.5B
Net Receivables2.1B2.6B2.2B2.2B2.5B1.8B
Short Term Investments2.9B2.5B2.2B1.1B370M680.3M
Liabilities And Stockholders Equity97.4B102.9B96.7B103.5B102.8B60.5B
Non Current Liabilities Total33.9B33.7B32.9B34.5B33.1B22.0B
Inventory3.9B5.4B6.2B6.7B5.9B3.3B
Other Current Assets5.6B4.9B4.8B5.1B6.1B3.9B
Other Stockholder Equity16.3B14.3B11.6B12.7B9.4B9.6B
Total Liab45.5B46.3B44.5B47.2B44.8B30.8B
Property Plant And Equipment Gross63.2B128.9B129.8B136.4B136.6B143.4B
Total Current Assets20.9B24.4B19.0B21.5B19.1B12.8B
Accumulated Other Comprehensive Income12.0B10.0B7.8B8.3B9.6B10.1B
Short Term Debt584M1.1B1.2B1.2B534M507.3M
Common Stock4.0B3.8B3.5B3.6B3.3B2.4B
Other Assets5.3B5.9B5.8B4.9B5.6B3.3B
Intangible Assets2.8B2.8B3.6B4.4B2.2B3.6B
Other Liab18.3B20.6B21.3B21.8B25.1B13.8B
Long Term Debt12.3B11.4B10.1B12.2B12.3B15.3B
Good Will946M879M826M797M727M690.7M
Property Plant Equipment57.4B62.9B64.9B64.7B74.4B50.4B
Net Tangible Assets37.0B43.4B47.7B45.7B52.6B44.1B
Short Long Term Debt351M812M923M824M180M171M

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Other Information on Investing in Rio Stock

Balance Sheet is a snapshot of the financial position of Rio Tinto PLC at a specified time, usually calculated after every quarter, six months, or one year. Rio Tinto Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rio Tinto and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Rio currently owns. An asset can also be divided into two categories, current and non-current.