Roku Other Stockholder Equity vs Inventory 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 Other Stockholder Equity and its Inventory 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.

Other Stockholder Equity vs Inventory

Other Stockholder Equity vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roku Inc Other Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Roku's Other Stockholder Equity and Inventory is 0.85. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Inventory 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 Other Stockholder Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Roku Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Stockholder Equity i.e., Roku's Other Stockholder Equity and Inventory go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Inventory

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 Amortization128.0M134.4M
Interest Income2.7M2.9M

Roku fundamental ratios Correlations

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0.860.830.810.870.750.840.860.93-0.79-0.610.690.810.860.60.520.760.820.890.890.930.60.840.820.740.85
0.910.830.990.90.920.990.890.88-0.94-0.810.90.980.910.860.560.620.980.910.910.60.811.00.880.971.0
0.870.810.990.850.90.980.860.88-0.91-0.870.940.950.870.880.510.60.960.880.880.590.780.990.860.980.99
0.990.870.90.850.830.920.950.86-0.95-0.510.660.940.970.70.720.720.940.990.970.720.860.90.840.790.91
0.830.750.920.90.830.930.730.75-0.93-0.720.820.920.790.90.470.380.920.810.780.520.680.920.730.930.92
0.930.840.990.980.920.930.880.85-0.97-0.760.880.990.90.890.630.640.990.930.930.640.81.00.830.951.0
0.970.860.890.860.950.730.880.89-0.86-0.560.670.890.990.60.610.740.890.960.940.690.910.880.930.770.89
0.880.930.880.880.860.750.850.89-0.8-0.750.770.820.890.650.470.720.830.910.880.780.710.870.930.820.87
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-0.57-0.61-0.81-0.87-0.51-0.72-0.76-0.56-0.750.63-0.96-0.69-0.57-0.81-0.16-0.38-0.69-0.59-0.6-0.4-0.51-0.8-0.7-0.89-0.79
0.690.690.90.940.660.820.880.670.77-0.77-0.960.830.680.910.350.50.830.720.740.490.620.90.710.960.89
0.940.810.980.950.940.920.990.890.82-0.99-0.690.830.920.860.690.631.00.940.940.610.840.980.810.920.99
0.990.860.910.870.970.790.90.990.89-0.9-0.570.680.920.660.60.710.920.970.950.670.920.90.930.80.9
0.710.60.860.880.70.90.890.60.65-0.86-0.810.910.860.660.460.410.860.720.730.410.630.880.580.940.88
0.680.520.560.510.720.470.630.610.47-0.71-0.160.350.690.60.460.550.690.720.720.50.570.60.390.410.6
0.710.760.620.60.720.380.640.740.72-0.59-0.380.50.630.710.410.550.630.760.840.760.570.640.610.50.64
0.940.820.980.960.940.920.990.890.83-0.99-0.690.831.00.920.860.690.630.940.940.610.830.990.810.920.99
0.990.890.910.880.990.810.930.960.91-0.93-0.590.720.940.970.720.720.760.940.980.740.870.920.870.810.92
0.960.890.910.880.970.780.930.940.88-0.92-0.60.740.940.950.730.720.840.940.980.760.830.930.830.810.93
0.690.930.60.590.720.520.640.690.78-0.59-0.40.490.610.670.410.50.760.610.740.760.380.640.580.50.64
0.90.60.810.780.860.680.80.910.71-0.81-0.510.620.840.920.630.570.570.830.870.830.380.80.830.730.8
0.910.841.00.990.90.921.00.880.87-0.96-0.80.90.980.90.880.60.640.990.920.930.640.80.840.961.0
0.890.820.880.860.840.730.830.930.93-0.77-0.70.710.810.930.580.390.610.810.870.830.580.830.840.80.85
0.810.740.970.980.790.930.950.770.82-0.89-0.890.960.920.80.940.410.50.920.810.810.50.730.960.80.96
0.920.851.00.990.910.921.00.890.87-0.96-0.790.890.990.90.880.60.640.990.920.930.640.81.00.850.96
Click cells to compare fundamentals

Roku Account Relationship Matchups

Roku fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B2.3B4.1B4.4B4.3B2.2B
Other Current Liab198.3M312.0M511.9M696.1M719.9M755.9M
Total Current Liabilities358.3M520.3M729.6M1.1B1.3B1.3B
Total Stockholder Equity698.4M1.3B2.8B2.6B2.3B1.2B
Other Liab17.1M24.4M111.2M98.1M112.8M118.5M
Net Tangible Assets547.6M1.2B2.5B2.5B2.9B3.0B
Property Plant And Equipment Net386.6M421.4M523.2M856.7M636M352.2M
Current Deferred Revenue39.9M55.5M45.8M87.7M102.2M54.9M
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 Payable115.2M112.3M124.9M164.8M385.3M404.6M
Cash515.5M1.1B2.1B2.0B2.0B2.1B
Non Current Assets Total544.6M572.9M1.0B1.4B1.2B594.8M
Non Currrent Assets Other7.2M16.3M258.8M77.8M349.6M367.1M
Other Assets7.2M282.5M258.8M77.8M89.5M89.0M
Cash And Short Term Investments515.5M1.1B2.1B2.0B2.0B2.1B
Net Receivables332.7M523.9M752.4M760.8M834.3M445.0M
Common Stock Shares Outstanding115.2M124.0M141.7M137.7M141.6M124.8M
Liabilities And Stockholders Equity1.5B2.3B4.1B4.4B4.3B2.2B
Non Current Liabilities Total413.5M422.2M585.9M682.8M659.9M411.1M
Capital Surpluse1.0B1.7B2.9B3.2B3.7B3.9B
Inventory49.7M53.9M50.3M106.7M92.1M60.5M
Other Current Assets27.8M27.1M105.8M135.4M200.5M210.6M
Other Stockholder Equity1.0B1.7B2.9B3.2B3.6B3.8B
Total Liab771.8M942.5M1.3B1.8B1.9B2.0B
Deferred Long Term Liab5.4M19.6M15.4M21.3M24.5M12.5M
Property Plant And Equipment Gross386.6M421.4M523.2M856.7M759.1M797.0M
Total Current Assets925.7M1.7B3.1B3.0B3.1B1.6B
Short Term Debt4.9M40.5M47.0M134.7M68.1M45.1M
Common Stock11K12K13K14K16.1K11.5K
Property Plant Equipment386.6M155.2M523.2M335.0M385.3M200.4M
Non Current Liabilities Other1.7M311.1M505.9M682.8M49.2M46.7M
Common Stock Total Equity11K12K13K14K16.1K13.6K
Retained Earnings Total Equity(313.8M)(332.4M)(90.0M)(588.0M)(529.2M)(502.8M)

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Additional Tools for Roku Stock Analysis

When running Roku's price analysis, check to measure Roku'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 Roku is operating at the current time. Most of Roku's value examination focuses on studying past and present price action to predict the probability of Roku's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roku's price. Additionally, you may evaluate how the addition of Roku to your portfolios can decrease your overall portfolio volatility.