Rocket Pocfratio vs Free Cash Flow Yield Analysis

RKT Stock  USD 12.78  0.20  1.59%   
Rocket Companies financial indicator trend analysis is much more than just breaking down Rocket Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocket Companies is a good investment. Please check the relationship between Rocket Companies Pocfratio and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Pocfratio vs Free Cash Flow Yield

Pocfratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocket Companies Pocfratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Rocket Companies' Pocfratio and Free Cash Flow Yield is 0.1. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Rocket Companies, assuming nothing else is changed. The correlation between historical values of Rocket Companies' Pocfratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Rocket Companies are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pocfratio i.e., Rocket Companies' Pocfratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pocfratio

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Rocket Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocket Companies 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 Rocket Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.At this time, Rocket Companies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 144.76 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.43 in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue74.7M94.0M110.3M183.3M
EBITDA495.7M254.9M67.3M64.0M

Rocket Companies fundamental ratios Correlations

0.680.70.160.7-0.930.94-0.060.92-0.780.520.690.290.62-0.890.510.760.50.330.95-0.950.180.860.370.66-0.85
0.680.98-0.420.4-0.780.86-0.270.78-0.860.90.970.80.34-0.710.950.630.870.060.5-0.790.780.630.760.08-0.61
0.70.98-0.420.38-0.830.89-0.340.73-0.770.930.960.820.38-0.650.930.660.880.090.51-0.830.780.660.820.07-0.7
0.16-0.42-0.42-0.02-0.06-0.110.050.030.13-0.39-0.53-0.76-0.3-0.03-0.37-0.03-0.75-0.340.3-0.05-0.64-0.03-0.340.52-0.19
0.70.40.38-0.02-0.610.58-0.20.6-0.540.040.44-0.010.72-0.740.110.20.350.410.57-0.680.130.39-0.170.84-0.56
-0.93-0.78-0.83-0.06-0.61-0.960.38-0.830.75-0.7-0.74-0.41-0.510.77-0.67-0.65-0.56-0.12-0.810.99-0.45-0.73-0.59-0.530.94
0.940.860.89-0.110.58-0.96-0.160.91-0.840.760.870.580.61-0.840.730.780.720.30.84-0.960.460.860.620.41-0.83
-0.06-0.27-0.340.05-0.20.38-0.160.080.04-0.33-0.12-0.050.15-0.07-0.340.35-0.080.570.190.33-0.640.32-0.37-0.130.47
0.920.780.730.030.6-0.830.910.08-0.950.590.790.420.55-0.970.640.750.580.310.88-0.860.280.830.380.5-0.63
-0.78-0.86-0.770.13-0.540.75-0.840.04-0.95-0.65-0.83-0.5-0.430.93-0.75-0.59-0.63-0.16-0.70.77-0.48-0.65-0.43-0.360.5
0.520.90.93-0.390.04-0.70.76-0.330.59-0.650.850.860.15-0.440.960.610.78-0.080.37-0.660.790.560.96-0.21-0.57
0.690.970.96-0.530.44-0.740.87-0.120.79-0.830.850.860.51-0.720.870.70.950.30.54-0.760.70.720.70.06-0.55
0.290.80.82-0.76-0.01-0.410.58-0.050.42-0.50.860.860.3-0.30.810.560.930.250.17-0.40.740.520.81-0.44-0.26
0.620.340.38-0.30.72-0.510.610.150.55-0.430.150.510.3-0.60.070.40.530.870.63-0.530.050.630.00.46-0.41
-0.89-0.71-0.65-0.03-0.740.77-0.84-0.07-0.970.93-0.44-0.72-0.3-0.6-0.52-0.63-0.52-0.35-0.840.82-0.23-0.73-0.2-0.630.57
0.510.950.93-0.370.11-0.670.73-0.340.64-0.750.960.870.810.07-0.520.550.76-0.180.33-0.660.830.490.88-0.14-0.51
0.760.630.66-0.030.2-0.650.780.350.75-0.590.610.70.560.4-0.630.550.60.410.79-0.670.080.960.550.14-0.57
0.50.870.88-0.750.35-0.560.72-0.080.58-0.630.780.950.930.53-0.520.760.60.40.34-0.580.720.620.66-0.12-0.41
0.330.060.09-0.340.41-0.120.30.570.31-0.16-0.080.30.250.87-0.35-0.180.410.40.44-0.16-0.250.56-0.180.18-0.04
0.950.50.510.30.57-0.810.840.190.88-0.70.370.540.170.63-0.840.330.790.340.44-0.82-0.080.890.230.64-0.72
-0.95-0.79-0.83-0.05-0.680.99-0.960.33-0.860.77-0.66-0.76-0.4-0.530.82-0.66-0.67-0.58-0.16-0.82-0.42-0.75-0.53-0.580.93
0.180.780.78-0.640.13-0.450.46-0.640.28-0.480.790.70.740.05-0.230.830.080.72-0.25-0.08-0.420.060.73-0.25-0.33
0.860.630.66-0.030.39-0.730.860.320.83-0.650.560.720.520.63-0.730.490.960.620.560.89-0.750.060.460.3-0.64
0.370.760.82-0.34-0.17-0.590.62-0.370.38-0.430.960.70.810.0-0.20.880.550.66-0.180.23-0.530.730.46-0.36-0.53
0.660.080.070.520.84-0.530.41-0.130.5-0.36-0.210.06-0.440.46-0.63-0.140.14-0.120.180.64-0.58-0.250.3-0.36-0.56
-0.85-0.61-0.7-0.19-0.560.94-0.830.47-0.630.5-0.57-0.55-0.26-0.410.57-0.51-0.57-0.41-0.04-0.720.93-0.33-0.64-0.53-0.56
Click cells to compare fundamentals

Rocket Companies Account Relationship Matchups

Rocket Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.1B37.5B32.8B20.1B19.2B25.9B
Short Long Term Debt Total5.6B22.0B19.3B8.7B9.6B12.7B
Other Current Liab(322.3M)(627.0M)(346.5M)1.4B63.4M58.6M
Total Current Liabilities322.3M627.0M346.5M572.6M1.9B2.0B
Total Stockholder Equity3.5B490.5M665.7M576.7M624.9M1.2B
Other Liab450.2M1.2B1.5B1.1B1.3B1.1B
Net Tangible Assets595.3M(2.4B)665.7M(682.2M)(614.0M)(644.7M)
Property Plant And Equipment Net455.4M449.7M682.3M640.4M598.6M555.3M
Net Debt4.3B20.0B17.1B8.0B4.1B3.9B
Accounts Payable157.3M252.0M271.5M116.3M171.4M194.5M
Cash1.4B2.0B2.1B722.3M1.1B1.1B
Non Current Assets Total3.6B3.5B6.1B2.4B8.9B5.1B
Non Currrent Assets Other(3.6B)(519.9M)(6.1B)(7.0B)(8.9B)(8.4B)
Other Assets14.9B32.0B24.6B16.9B8.2B14.0B
Long Term Debt2.4B3.4B18.7B8.3B4.5B7.3B
Cash And Short Term Investments1.4B2.0B2.1B722.3M1.4B1.6B
Net Receivables282.8M22.2M517.8M10.8M579.2M301.0M
Good Will40.3M47.2M1.3B1.3B1.2B720.0M
Short Term Investments508.1M1.9B538.9M90.6M322.5M480.4M
Long Term Debt Total2.4B3.4B18.7B8.3B9.5B7.7B
Liabilities And Stockholders Equity20.1B37.5B32.8B20.1B19.2B25.9B
Non Current Liabilities Total5.5B21.6B19.2B11.0B5.9B5.6B
Inventory1.6M1.1M492K1.2B1.4B1.5B
Other Current Assets14.6B(653.7M)169.0M(1.3B)158.3M150.3M
Other Stockholder Equity428.4M282.7M287.6M276.2M340.5M263.5M
Total Liab16.6B29.7B23.0B11.6B10.9B13.4B
Net Invested Capital18.9B27.7B19.4B8.9B5.4B5.1B
Property Plant And Equipment Gross455.4M449.7M682.3M640.4M1.1B653.6M
Total Current Assets1.6B2.0B2.1B722.3M2.2B2.2B
Accumulated Other Comprehensive Income(151K)317K81K69K52K54.6K
Cash And Equivalents1.4B2.0B2.1B722.3M830.6M1.6B
Intangible Assets2.9B2.9B5.4B6.9B6.6B5.1B
Property Plant Equipment455.4M449.7M682.3M274.2M315.3M454.1M

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