Roku Capital Surpluse vs Accounts Payable Analysis

ROKU Stock

USD 82.42 0.60 0.73%

Roku financial indicator trend analysis is much more than just breaking down Roku Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roku Inc is a good investment. Please check the relationship between Roku Capital Surpluse and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roku Inc. 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.

Capital Surpluse vs Accounts Payable

Capital Surpluse vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roku Inc Capital Surpluse account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Roku's Capital Surpluse and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Roku Inc, assuming nothing else is changed. The correlation between historical values of Roku's Capital Surpluse and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Roku Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Surpluse i.e., Roku's Capital Surpluse and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Surpluse

Accounts Payable

An accounting item on the balance sheet that represents Roku obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Roku Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Roku's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roku Inc 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 Roku Inc. 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.

At this time, Roku's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 423.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2023	2024 (projected)
Depreciation And Amortization	128.0M	134.4M
Interest Income	2.7M	2.9M

Depreciation And Amortization Interest Income

Roku fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.86	0.91	0.87	0.99	0.83	0.93	0.97	0.88	-0.94	-0.57	0.69	0.94	0.99	0.71	0.68	0.71	0.94	0.99	0.96	0.69	0.9	0.91	0.89	0.81	0.92
Short Long Term Debt Total	0.86		0.83	0.81	0.87	0.75	0.84	0.86	0.93	-0.79	-0.61	0.69	0.81	0.86	0.6	0.52	0.76	0.82	0.89	0.89	0.93	0.6	0.84	0.82	0.74	0.85
Other Current Liab	0.91	0.83		0.99	0.9	0.92	0.99	0.89	0.88	-0.94	-0.81	0.9	0.98	0.91	0.86	0.56	0.62	0.98	0.91	0.91	0.6	0.81	1.0	0.88	0.97	1.0
Total Current Liabilities	0.87	0.81	0.99		0.85	0.9	0.98	0.86	0.88	-0.91	-0.87	0.94	0.95	0.87	0.88	0.51	0.6	0.96	0.88	0.88	0.59	0.78	0.99	0.86	0.98	0.99
Total Stockholder Equity	0.99	0.87	0.9	0.85		0.83	0.92	0.95	0.86	-0.95	-0.51	0.66	0.94	0.97	0.7	0.72	0.72	0.94	0.99	0.97	0.72	0.86	0.9	0.84	0.79	0.91
Other Liab	0.83	0.75	0.92	0.9	0.83		0.93	0.73	0.75	-0.93	-0.72	0.82	0.92	0.79	0.9	0.47	0.38	0.92	0.81	0.78	0.52	0.68	0.92	0.73	0.93	0.92
Net Tangible Assets	0.93	0.84	0.99	0.98	0.92	0.93		0.88	0.85	-0.97	-0.76	0.88	0.99	0.9	0.89	0.63	0.64	0.99	0.93	0.93	0.64	0.8	1.0	0.83	0.95	1.0
Property Plant And Equipment Net	0.97	0.86	0.89	0.86	0.95	0.73	0.88		0.89	-0.86	-0.56	0.67	0.89	0.99	0.6	0.61	0.74	0.89	0.96	0.94	0.69	0.91	0.88	0.93	0.77	0.89
Current Deferred Revenue	0.88	0.93	0.88	0.88	0.86	0.75	0.85	0.89		-0.8	-0.75	0.77	0.82	0.89	0.65	0.47	0.72	0.83	0.91	0.88	0.78	0.71	0.87	0.93	0.82	0.87
Net Debt	-0.94	-0.79	-0.94	-0.91	-0.95	-0.93	-0.97	-0.86	-0.8		0.63	-0.77	-0.99	-0.9	-0.86	-0.71	-0.59	-0.99	-0.93	-0.92	-0.59	-0.81	-0.96	-0.77	-0.89	-0.96
Retained Earnings	-0.57	-0.61	-0.81	-0.87	-0.51	-0.72	-0.76	-0.56	-0.75	0.63		-0.96	-0.69	-0.57	-0.81	-0.16	-0.38	-0.69	-0.59	-0.6	-0.4	-0.51	-0.8	-0.7	-0.89	-0.79
Accounts Payable	0.69	0.69	0.9	0.94	0.66	0.82	0.88	0.67	0.77	-0.77	-0.96		0.83	0.68	0.91	0.35	0.5	0.83	0.72	0.74	0.49	0.62	0.9	0.71	0.96	0.89
Cash	0.94	0.81	0.98	0.95	0.94	0.92	0.99	0.89	0.82	-0.99	-0.69	0.83		0.92	0.86	0.69	0.63	1.0	0.94	0.94	0.61	0.84	0.98	0.81	0.92	0.99
Non Current Assets Total	0.99	0.86	0.91	0.87	0.97	0.79	0.9	0.99	0.89	-0.9	-0.57	0.68	0.92		0.66	0.6	0.71	0.92	0.97	0.95	0.67	0.92	0.9	0.93	0.8	0.9
Non Currrent Assets Other	0.71	0.6	0.86	0.88	0.7	0.9	0.89	0.6	0.65	-0.86	-0.81	0.91	0.86	0.66		0.46	0.41	0.86	0.72	0.73	0.41	0.63	0.88	0.58	0.94	0.88
Other Assets	0.68	0.52	0.56	0.51	0.72	0.47	0.63	0.61	0.47	-0.71	-0.16	0.35	0.69	0.6	0.46		0.55	0.69	0.72	0.72	0.5	0.57	0.6	0.39	0.41	0.6
Long Term Debt	0.71	0.76	0.62	0.6	0.72	0.38	0.64	0.74	0.72	-0.59	-0.38	0.5	0.63	0.71	0.41	0.55		0.63	0.76	0.84	0.76	0.57	0.64	0.61	0.5	0.64
Cash And Short Term Investments	0.94	0.82	0.98	0.96	0.94	0.92	0.99	0.89	0.83	-0.99	-0.69	0.83	1.0	0.92	0.86	0.69	0.63		0.94	0.94	0.61	0.83	0.99	0.81	0.92	0.99
Net Receivables	0.99	0.89	0.91	0.88	0.99	0.81	0.93	0.96	0.91	-0.93	-0.59	0.72	0.94	0.97	0.72	0.72	0.76	0.94		0.98	0.74	0.87	0.92	0.87	0.81	0.92
Common Stock Shares Outstanding	0.96	0.89	0.91	0.88	0.97	0.78	0.93	0.94	0.88	-0.92	-0.6	0.74	0.94	0.95	0.73	0.72	0.84	0.94	0.98		0.76	0.83	0.93	0.83	0.81	0.93
Long Term Debt Total	0.69	0.93	0.6	0.59	0.72	0.52	0.64	0.69	0.78	-0.59	-0.4	0.49	0.61	0.67	0.41	0.5	0.76	0.61	0.74	0.76		0.38	0.64	0.58	0.5	0.64
Non Current Liabilities Total	0.9	0.6	0.81	0.78	0.86	0.68	0.8	0.91	0.71	-0.81	-0.51	0.62	0.84	0.92	0.63	0.57	0.57	0.83	0.87	0.83	0.38		0.8	0.83	0.73	0.8
Capital Surpluse	0.91	0.84	1.0	0.99	0.9	0.92	1.0	0.88	0.87	-0.96	-0.8	0.9	0.98	0.9	0.88	0.6	0.64	0.99	0.92	0.93	0.64	0.8		0.84	0.96	1.0
Inventory	0.89	0.82	0.88	0.86	0.84	0.73	0.83	0.93	0.93	-0.77	-0.7	0.71	0.81	0.93	0.58	0.39	0.61	0.81	0.87	0.83	0.58	0.83	0.84		0.8	0.85
Other Current Assets	0.81	0.74	0.97	0.98	0.79	0.93	0.95	0.77	0.82	-0.89	-0.89	0.96	0.92	0.8	0.94	0.41	0.5	0.92	0.81	0.81	0.5	0.73	0.96	0.8		0.96
Other Stockholder Equity	0.92	0.85	1.0	0.99	0.91	0.92	1.0	0.89	0.87	-0.96	-0.79	0.89	0.99	0.9	0.88	0.6	0.64	0.99	0.92	0.93	0.64	0.8	1.0	0.85	0.96

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Roku Account Relationship Matchups

Roku fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	2.3B	4.1B	4.4B	4.3B	2.2B
Other Current Liab	198.3M	312.0M	511.9M	696.1M	719.9M	755.9M
Total Current Liabilities	358.3M	520.3M	729.6M	1.1B	1.3B	1.3B
Total Stockholder Equity	698.4M	1.3B	2.8B	2.6B	2.3B	1.2B
Other Liab	17.1M	24.4M	111.2M	98.1M	112.8M	118.5M
Net Tangible Assets	547.6M	1.2B	2.5B	2.5B	2.9B	3.0B
Property Plant And Equipment Net	386.6M	421.4M	523.2M	856.7M	636M	352.2M
Current Deferred Revenue	39.9M	55.5M	45.8M	87.7M	102.2M	54.9M
Net Debt	(114.2M)	(690.1M)	(1.7B)	(1.3B)	(1.4B)	(1.3B)
Retained Earnings	(313.8M)	(332.4M)	(90.0M)	(588.0M)	(1.3B)	(1.2B)
Accounts Payable	115.2M	112.3M	124.9M	164.8M	385.3M	404.6M
Cash	515.5M	1.1B	2.1B	2.0B	2.0B	2.1B
Non Current Assets Total	544.6M	572.9M	1.0B	1.4B	1.2B	594.8M
Non Currrent Assets Other	7.2M	16.3M	258.8M	77.8M	349.6M	367.1M
Other Assets	7.2M	282.5M	258.8M	77.8M	89.5M	89.0M
Cash And Short Term Investments	515.5M	1.1B	2.1B	2.0B	2.0B	2.1B
Net Receivables	332.7M	523.9M	752.4M	760.8M	834.3M	445.0M
Common Stock Shares Outstanding	115.2M	124.0M	141.7M	137.7M	141.6M	124.8M
Liabilities And Stockholders Equity	1.5B	2.3B	4.1B	4.4B	4.3B	2.2B
Non Current Liabilities Total	413.5M	422.2M	585.9M	682.8M	659.9M	411.1M
Capital Surpluse	1.0B	1.7B	2.9B	3.2B	3.7B	3.9B
Inventory	49.7M	53.9M	50.3M	106.7M	92.1M	60.5M
Other Current Assets	27.8M	27.1M	105.8M	135.4M	200.5M	210.6M
Other Stockholder Equity	1.0B	1.7B	2.9B	3.2B	3.6B	3.8B
Total Liab	771.8M	942.5M	1.3B	1.8B	1.9B	2.0B
Deferred Long Term Liab	5.4M	19.6M	15.4M	21.3M	24.5M	12.5M
Property Plant And Equipment Gross	386.6M	421.4M	523.2M	856.7M	759.1M	797.0M
Total Current Assets	925.7M	1.7B	3.1B	3.0B	3.1B	1.6B
Short Term Debt	4.9M	40.5M	47.0M	134.7M	68.1M	45.1M
Common Stock	11K	12K	13K	14K	16.1K	11.5K
Property Plant Equipment	386.6M	155.2M	523.2M	335.0M	385.3M	200.4M
Non Current Liabilities Other	1.7M	311.1M	505.9M	682.8M	49.2M	46.7M
Common Stock Total Equity	11K	12K	13K	14K	16.1K	13.6K
Retained Earnings Total Equity	(313.8M)	(332.4M)	(90.0M)	(588.0M)	(529.2M)	(502.8M)

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