Roper Non Currrent Assets Other vs Total Current Liabilities Analysis
ROP Stock | USD 525.40 1.32 0.25% |
Roper Technologies, financial indicator trend analysis is much more than just breaking down Roper Technologies, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roper Technologies, is a good investment. Please check the relationship between Roper Technologies, Non Currrent Assets Other and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roper Technologies, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Non Currrent Assets Other vs Total Current Liabilities
Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roper Technologies, Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Roper Technologies,'s Non Currrent Assets Other and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Roper Technologies, Common, assuming nothing else is changed. The correlation between historical values of Roper Technologies,'s Non Currrent Assets Other and Total Current Liabilities 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 Roper Technologies, Common are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Roper Technologies,'s Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Current Liabilities
Total Current Liabilities is an item on Roper Technologies, balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Roper Technologies, Common are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Roper Technologies,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roper Technologies, 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 Roper Technologies, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Roper Technologies,'s Selling General Administrative is relatively stable compared to the past year. As of 12/20/2024, Discontinued Operations is likely to grow to about 4.3 B, while Tax Provision is likely to drop slightly above 312.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 234.1M | 192.4M | 164.7M | 172.9M | Depreciation And Amortization | 615.9M | 650.1M | 755.2M | 793.0M |
Roper Technologies, fundamental ratios Correlations
Click cells to compare fundamentals
Roper Technologies, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roper Technologies, fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.1B | 24.0B | 23.7B | 27.0B | 28.2B | 29.6B | |
Short Long Term Debt Total | 5.3B | 9.6B | 7.9B | 6.7B | 6.4B | 6.7B | |
Other Current Liab | 801.4M | 1.7B | 2.1B | 637M | 653.2M | 344.6M | |
Total Current Liabilities | 2.4B | 2.4B | 3.1B | 2.9B | 3.0B | 3.1B | |
Total Stockholder Equity | 9.5B | 10.5B | 11.6B | 16.0B | 17.4B | 18.3B | |
Property Plant And Equipment Net | 139.9M | 140.6M | 102.8M | 85.3M | 119.6M | 91.1M | |
Net Debt | 4.6B | 9.3B | 7.6B | 5.9B | 6.2B | 6.5B | |
Retained Earnings | 7.8B | 8.5B | 9.5B | 13.7B | 14.8B | 15.6B | |
Accounts Payable | 162M | 127.1M | 98.3M | 122.6M | 143M | 94.3M | |
Cash | 709.7M | 308.3M | 351.5M | 792.8M | 214.3M | 268.3M | |
Non Current Assets Total | 16.1B | 22.3B | 21.3B | 25.0B | 26.7B | 28.0B | |
Cash And Short Term Investments | 709.7M | 308.3M | 351.5M | 792.8M | 214.3M | 268.3M | |
Net Receivables | 993.6M | 840.4M | 786.3M | 877M | 984M | 1.0B | |
Common Stock Shares Outstanding | 105.1M | 105.7M | 106.5M | 106.8M | 107.4M | 94.2M | |
Liabilities And Stockholders Equity | 18.1B | 24.0B | 23.7B | 27.0B | 28.2B | 29.6B | |
Non Current Liabilities Total | 6.2B | 11.1B | 9.0B | 8.1B | 7.8B | 8.1B | |
Inventory | 198.6M | 198.4M | 176.1M | 111.3M | 118.6M | 138.4M | |
Other Current Assets | 97.6M | 438.5M | 1.2B | 151.3M | 164.5M | 94.7M | |
Other Stockholder Equity | 1.9B | 2.1B | 2.3B | 2.5B | 2.8B | 2.9B | |
Total Liab | 8.6B | 13.5B | 12.2B | 10.9B | 10.7B | 11.3B | |
Total Current Assets | 2.0B | 1.8B | 2.4B | 1.9B | 1.5B | 958.9M | |
Short Term Debt | 602.2M | 556.2M | 840.7M | 745.6M | 542.8M | 569.9M | |
Intangible Assets | 4.7B | 7.2B | 6.6B | 8.0B | 8.2B | 8.6B | |
Non Currrent Assets Other | 390.8M | 425.8M | 405.9M | 395.4M | 407.7M | 428.1M | |
Accumulated Other Comprehensive Income | (212.8M) | (147M) | (183.1M) | (187M) | (122.8M) | (116.7M) | |
Other Liab | 1.3B | 2.0B | 1.9B | 1.9B | 2.2B | 2.3B | |
Other Assets | 219.5M | 700K | 507M | 451.3M | 519.0M | 544.9M | |
Long Term Debt | 4.7B | 9.1B | 7.1B | 6.0B | 5.8B | 3.0B | |
Treasury Stock | (18.5M) | (18.3M) | (18M) | (17.6M) | (20.2M) | (21.3M) | |
Property Plant Equipment | 139.9M | 140.6M | 102.8M | 85.3M | 98.1M | 114.8M | |
Current Deferred Revenue | 831.8M | 994.6M | 1.1B | 1.4B | 1.6B | 1.7B | |
Good Will | 10.8B | 14.4B | 14.1B | 15.9B | 17.1B | 18.0B | |
Net Tangible Assets | 9.5B | 10.5B | (9.1B) | (8.0B) | (7.2B) | (6.9B) | |
Retained Earnings Total Equity | 6.2B | 7.8B | 8.5B | 9.5B | 10.9B | 11.4B | |
Long Term Debt Total | 4.7B | 9.1B | 7.1B | 6.0B | 6.9B | 5.7B | |
Capital Surpluse | 1.9B | 2.1B | 2.3B | 2.5B | 2.9B | 1.8B | |
Deferred Long Term Liab | 1.1B | 1.6B | 1.5B | 31.7M | 36.5M | 34.6M |
Pair Trading with Roper Technologies,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roper Technologies, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roper Technologies, will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Roper Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roper Technologies, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Roper Technologies, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Roper Technologies, Common to buy it.
The correlation of Roper Technologies, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roper Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roper Technologies, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roper Technologies, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Roper Stock Analysis
When running Roper Technologies,'s price analysis, check to measure Roper Technologies,'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 Roper Technologies, is operating at the current time. Most of Roper Technologies,'s value examination focuses on studying past and present price action to predict the probability of Roper Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies,'s price. Additionally, you may evaluate how the addition of Roper Technologies, to your portfolios can decrease your overall portfolio volatility.