RS1 Non Currrent Assets Other vs Other Current Assets Analysis

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 Non Currrent Assets Other and its Other Current Assets 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RS GROUP PLC Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between RS GROUP's Non Currrent Assets Other and Other Current Assets is 0.09. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets 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 Non Currrent Assets Other and Other Current Assets 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 RS GROUP PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., RS GROUP's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.
 2022 2023 2024 (projected)
Interest Expense13.3M35.4M37.2M
Depreciation And Amortization64.6M83.7M87.9M

RS GROUP fundamental ratios Correlations

0.860.970.960.990.930.670.980.960.770.98-0.410.770.940.890.990.040.90.980.990.550.50.190.620.370.81
0.860.730.850.790.750.840.790.710.830.86-0.080.830.730.870.80.010.660.920.840.780.410.140.31-0.030.51
0.970.730.940.980.90.50.970.970.720.93-0.540.720.950.790.970.00.930.920.970.450.480.220.730.420.87
0.960.850.940.930.90.530.920.940.890.9-0.520.890.920.770.94-0.10.860.970.990.690.540.130.660.210.83
0.990.790.980.930.940.611.00.970.70.97-0.470.70.940.880.980.080.940.940.970.440.440.180.690.470.84
0.930.750.90.90.940.580.930.940.670.92-0.550.670.910.860.930.150.890.90.930.460.540.030.70.50.82
0.670.840.50.530.610.580.630.480.390.770.30.390.540.870.640.260.470.720.590.410.320.25-0.030.160.21
0.980.790.970.921.00.930.630.960.690.97-0.440.690.930.890.980.080.920.940.970.430.430.160.670.480.83
0.960.710.970.940.970.940.480.960.710.91-0.560.710.950.780.970.030.920.920.970.420.530.110.710.490.89
0.770.830.720.890.70.670.390.690.710.67-0.441.00.680.580.7-0.240.640.820.820.90.37-0.030.54-0.20.64
0.980.860.930.90.970.920.770.970.910.67-0.30.660.910.950.960.140.90.960.940.470.440.240.560.420.73
-0.41-0.08-0.54-0.52-0.47-0.550.3-0.44-0.56-0.44-0.3-0.44-0.47-0.12-0.420.09-0.54-0.32-0.48-0.24-0.260.09-0.9-0.3-0.73
0.770.830.720.890.70.670.390.690.711.00.66-0.440.680.570.7-0.250.640.820.820.910.370.00.54-0.210.64
0.940.730.950.920.940.910.540.930.950.680.91-0.470.680.780.970.050.880.920.950.440.690.170.590.410.83
0.890.870.790.770.880.860.870.890.780.580.95-0.120.570.780.860.340.790.880.830.420.360.120.410.390.57
0.990.80.970.940.980.930.640.980.970.70.96-0.420.70.970.860.050.880.960.980.470.570.190.60.440.82
0.040.010.0-0.10.080.150.260.080.03-0.240.140.09-0.250.050.340.050.120.0-0.02-0.310.11-0.090.00.320.01
0.90.660.930.860.940.890.470.920.920.640.9-0.540.640.880.790.880.120.830.890.360.380.140.750.450.82
0.980.920.920.970.940.90.720.940.920.820.96-0.320.820.920.880.960.00.830.980.660.550.190.520.240.74
0.990.840.970.990.970.930.590.970.970.820.94-0.480.820.950.830.98-0.020.890.980.590.520.150.660.320.84
0.550.780.450.690.440.460.410.430.420.90.47-0.240.910.440.420.47-0.310.360.660.590.330.090.28-0.490.35
0.50.410.480.540.440.540.320.430.530.370.44-0.260.370.690.360.570.110.380.550.520.33-0.020.150.170.48
0.190.140.220.130.180.030.250.160.11-0.030.240.090.00.170.120.19-0.090.140.190.150.09-0.020.03-0.060.07
0.620.310.730.660.690.7-0.030.670.710.540.56-0.90.540.590.410.60.00.750.520.660.280.150.030.410.87
0.37-0.030.420.210.470.50.160.480.49-0.20.42-0.3-0.210.410.390.440.320.450.240.32-0.490.17-0.060.410.46
0.810.510.870.830.840.820.210.830.890.640.73-0.730.640.830.570.820.010.820.740.840.350.480.070.870.46
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RS GROUP Account Relationship Matchups

RS GROUP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.8B2.1B2.5B2.9B3.0B
Short Long Term Debt Total391.6M321M299.9M373.3M676.9M710.7M
Other Current Liab121.9M162.2M204.4M256.3M227M238.4M
Total Current Liabilities570.4M631.8M726.2M838.9M815.3M856.1M
Total Stockholder Equity719.9M899.4M1.1B1.3B1.4B1.5B
Property Plant And Equipment Net221.9M228.8M223.1M233.2M253.7M266.4M
Net Debt190.8M123.1M42.0M113M418.2M439.1M
Retained Earnings543.1M587.8M772.8M954.3M1.0B1.1B
Accounts Payable241.1M319.4M377.3M398.5M381.8M400.9M
Cash200.8M197.9M257.9M260.3M258.7M271.6M
Non Current Assets Total573.4M711M706.1M953.7M1.3B1.3B
Non Currrent Assets Other(239.2M)(315M)(328.3M)(462.2M)9.9M10.4M
Cash And Short Term Investments200.8M197.9M257.9M260.3M258.7M271.6M
Common Stock Shares Outstanding447.6M455.9M473.2M472.9M474.1M474.4M
Liabilities And Stockholders Equity1.6B1.8B2.1B2.5B2.9B3.0B
Non Current Liabilities Total324.4M312M264M357.9M648M680.4M
Inventory419M419.8M529.5M616.3M656M688.8M
Other Current Assets67.5M84.9M28.8M103.5M105.7M86.4M
Other Stockholder Equity50.7M227M228.4M233.8M237.7M249.6M
Total Liab894.8M943.8M990.2M1.2B1.5B1.5B
Total Current Assets1.0B1.1B1.4B1.6B1.6B1.7B
Short Term Debt188.5M129.6M116.4M154.4M178.7M187.6M
Common Stock44.6M47M47.1M47.3M47.4M41.3M
Intangible Assets329.6M466.4M473.3M704.8M336.3M185.2M
Current Deferred Revenue700K600K8.2M7.6M4.4M4.6M
Net Receivables398.9M490M578.9M675.8M621M323.0M
Good Will241.1M317.6M330.5M463.3M646.3M678.6M
Accumulated Other Comprehensive Income81.5M37.6M60.2M108.8M108.3M61.1M
Other Assets20.2M19.9M15.3M9.3M8.4M14.6M

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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.