RS1 Stock | | | 694.50 6.50 0.93% |
RS GROUP financial indicator trend analysis is much more than just breaking down RS GROUP PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RS GROUP PLC is a good investment. Please check the relationship between RS GROUP Net Receivables and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in RS GROUP PLC. 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.
Net Receivables vs Property Plant And Equipment Net
Net Receivables vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
RS GROUP PLC Net Receivables account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between RS GROUP's Net Receivables and Property Plant And Equipment Net is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of RS GROUP PLC, assuming nothing else is changed. The correlation between historical values of RS GROUP's Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of RS GROUP PLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., RS GROUP's Net Receivables and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from RS GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RS GROUP PLC 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 RS GROUP PLC. 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.
The current year's
Tax Provision is expected to grow to about 66.9
M, whereas
Selling General Administrative is forecasted to decline to about 68.1
M.
RS GROUP fundamental ratios Correlations
Click cells to compare fundamentals
RS GROUP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RS GROUP fundamental ratios Accounts
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Other Information on Investing in RS1 Stock
Balance Sheet is a snapshot of the
financial position of RS GROUP PLC at a specified time, usually calculated after every quarter, six months, or one year. RS GROUP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RS GROUP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RS1 currently owns. An asset can also be divided into two categories, current and non-current.