RLI Deferred Long Term Liab vs Long Term Investments Analysis
RLI Stock | USD 180.24 0.65 0.36% |
RLI Corp financial indicator trend analysis is much more than just breaking down RLI Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLI Corp is a good investment. Please check the relationship between RLI Corp Deferred Long Term Liab and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. 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. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.
Deferred Long Term Liab vs Long Term Investments
Deferred Long Term Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLI Corp Deferred Long Term Liab account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between RLI Corp's Deferred Long Term Liab and Long Term Investments is 0.67. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of RLI Corp, assuming nothing else is changed. The correlation between historical values of RLI Corp's Deferred Long Term Liab and Long 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 Deferred Long Term Liab of RLI Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Deferred Long Term Liab i.e., RLI Corp's Deferred Long Term Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Long Term Investments
Long Term Investments is an item on the asset side of RLI Corp balance sheet that represents investments RLI Corp intends to hold for over a year. RLI Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from RLI Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLI Corp 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 RLI Corp. 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. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.As of now, RLI Corp's Sales General And Administrative To Revenue is decreasing as compared to previous years. The RLI Corp's current Enterprise Value is estimated to increase to about 3 B, while Selling General Administrative is projected to decrease to under 11.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.7B | 1.5B | 1.6B | Total Revenue | 1.2B | 1.7B | 1.5B | 1.6B |
RLI Corp fundamental ratios Correlations
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RLI Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RLI Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.9B | 4.5B | 4.8B | 5.2B | 5.4B | |
Short Long Term Debt Total | 149.1M | 155.3M | 155.5M | 205.0M | 199.9M | 97.8M | |
Total Stockholder Equity | 995.4M | 1.1B | 1.2B | 1.2B | 1.4B | 1.5B | |
Net Debt | 103.1M | 87.3M | 110.9M | 177.0M | 63.6M | 78.6M | |
Retained Earnings | 1.0B | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | |
Other Assets | (1.7B) | 303.8M | 343.4M | 1.2B | 1.4B | 938.5M | |
Common Stock Shares Outstanding | 45.3M | 45.4M | 45.7M | 45.8M | 46.1M | 46.9M | |
Liabilities And Stockholders Equity | 3.5B | 3.9B | 4.5B | 4.8B | 5.2B | 5.4B | |
Non Current Liabilities Total | 206.0M | 229.7M | 283.2M | 3.2B | 3.8B | 4.0B | |
Other Stockholder Equity | (71.8M) | (57.6M) | (49.3M) | (52.6M) | (44.2M) | (46.4M) | |
Total Liab | 2.6B | 2.8B | 3.3B | 3.6B | 3.8B | 4.0B | |
Other Current Liab | (25.7M) | (42.3M) | (42.9M) | (262.8M) | (71.5M) | (67.9M) | |
Total Current Liabilities | 25.7M | 42.3M | 42.9M | 351.5M | 3.8M | 3.6M | |
Property Plant And Equipment Net | 53.1M | 51.4M | 52.2M | 49.6M | 60.4M | 30.5M | |
Non Current Assets Total | 2.7B | 3.0B | 3.3B | 95.2M | 5.1B | 5.4B | |
Non Currrent Assets Other | (56.7M) | (80.2M) | (83.5M) | (3.3B) | 4.9B | 5.2B | |
Net Receivables | 544.9M | 618.4M | 775.4M | 189.5M | 978.6M | 1.0B | |
Property Plant And Equipment Gross | 55.8M | 54.7M | 53.1M | 51.4M | 59.1M | 62.1M | |
Total Current Assets | 2.6B | 680.6M | 864.2M | 3.5B | 36.4M | 34.6M | |
Short Term Debt | 6.0M | 6.0M | 5.4M | 199.9M | 104.1M | 109.3M | |
Cash | 46.2M | 62.2M | 88.8M | 22.8M | 36.4M | 36.5M | |
Cash And Short Term Investments | 2.0B | 62.2M | 88.8M | 59.0M | 36.4M | 34.6M | |
Common Stock Total Equity | 678K | 681K | 682K | 684K | 786.6K | 747.3K | |
Short Term Investments | 2.0B | 2.2B | 2.4B | 36.2M | 291.4M | 276.8M | |
Accumulated Other Comprehensive Income | 52.5M | 108.7M | 49.8M | (229.1M) | (152.8M) | (145.1M) | |
Common Stock | 678K | 681K | 682K | 684K | 686K | 651.7K | |
Accounts Payable | 25.7M | 42.3M | 42.9M | 61.1M | 71.5M | 37.1M | |
Other Current Assets | 271.3M | 346.7M | 331.7M | 2.5B | 573.1M | 601.7M | |
Other Liab | 1.3B | 1.9B | 2.3B | 1.8B | 2.0B | 2.1B | |
Treasury Stock | (401.4M) | (401.0M) | (401.3M) | (402.6M) | (362.4M) | (380.5M) | |
Intangible Assets | 8.5M | 8.1M | 7.7M | 7.5M | 6.8M | 6.4M | |
Property Plant Equipment | 53.1M | 51.4M | 52.2M | 49.6M | 57.0M | 36.2M | |
Long Term Debt | 149.1M | 149.3M | 149.5M | 199.7M | 199.9M | 141.1M | |
Net Tangible Assets | 941.3M | 1.1B | 1.2B | 1.1B | 1.3B | 948.7M | |
Retained Earnings Total Equity | 1.0B | 1.1B | 1.2B | 1.4B | 1.7B | 1.0B | |
Long Term Debt Total | 148.9M | 149.1M | 149.3M | 149.5M | 199.7M | 0.0 | |
Capital Surpluse | 321.2M | 335.4M | 343.7M | 352.4M | 405.2M | 291.3M | |
Inventory | (271.3M) | (346.7M) | (331.7M) | (3.9B) | (3.5B) | (3.3B) | |
Deferred Long Term Liab | 24.2M | 56.7M | 80.2M | 83.5M | 96.0M | 64.9M |
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. 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. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.