Republic Accounts Payable vs Common Stock Analysis
RSG Stock | USD 218.30 0.02 0.01% |
Republic Services financial indicator trend analysis is much more than just breaking down Republic Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Republic Services is a good investment. Please check the relationship between Republic Services Accounts Payable and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.
Accounts Payable vs Common Stock
Accounts Payable vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Republic Services Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Republic Services' Accounts Payable and Common Stock is 0.14. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Republic Services, assuming nothing else is changed. The correlation between historical values of Republic Services' Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Republic Services are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Republic Services' Accounts Payable and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Republic Services 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 Republic Services 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.Common Stock
Most indicators from Republic Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Republic Services 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 Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.At this time, Republic Services' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Republic Services' current Enterprise Value is estimated to increase to about 61.5 B, while Selling General Administrative is projected to decrease to roughly 769.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.6B | 5.3B | 6.0B | 6.3B | Total Revenue | 11.3B | 13.5B | 15.0B | 15.7B |
Republic Services fundamental ratios Correlations
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Republic Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Republic Services fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.7B | 23.4B | 25.0B | 29.1B | 31.4B | 16.7B | |
Short Long Term Debt Total | 8.7B | 8.9B | 9.6B | 11.8B | 13.1B | 13.7B | |
Other Current Liab | 995.5M | 823.5M | 934.2M | 1.0B | 1.2B | 775.6M | |
Total Current Liabilities | 3.0B | 2.3B | 2.4B | 3.4B | 4.2B | 4.4B | |
Total Stockholder Equity | 8.1B | 8.5B | 9.0B | 9.7B | 10.5B | 6.2B | |
Property Plant And Equipment Net | 8.4B | 8.7B | 9.2B | 10.7B | 11.6B | 6.1B | |
Net Debt | 8.6B | 8.9B | 9.5B | 11.6B | 12.9B | 13.6B | |
Retained Earnings | 5.3B | 5.8B | 6.5B | 7.4B | 8.4B | 8.9B | |
Accounts Payable | 777.9M | 779M | 910M | 1.2B | 1.4B | 1.5B | |
Cash | 47.1M | 38.2M | 29M | 143.4M | 140M | 75.4M | |
Non Current Assets Total | 21.1B | 21.9B | 23.2B | 26.7B | 29.0B | 15.4B | |
Cash And Short Term Investments | 47.1M | 38.2M | 29M | 143.4M | 140M | 75.4M | |
Net Receivables | 1.1B | 1.1B | 1.3B | 1.7B | 2.0B | 2.1B | |
Common Stock Shares Outstanding | 322M | 319.8M | 319.4M | 317.1M | 316.7M | 324.9M | |
Liabilities And Stockholders Equity | 22.7B | 23.4B | 25.0B | 29.1B | 31.4B | 16.7B | |
Non Current Liabilities Total | 11.5B | 12.7B | 13.6B | 16.0B | 16.6B | 8.5B | |
Other Current Assets | 8M | 96.2M | 101.2M | 439.9M | 150.4M | 157.9M | |
Other Stockholder Equity | 2.8B | 2.7B | 2.5B | 2.3B | 2.1B | 3.2B | |
Total Liab | 14.6B | 14.9B | 16.0B | 19.4B | 20.9B | 10.4B | |
Property Plant And Equipment Gross | 8.6B | 8.9B | 20.0B | 22.5B | 24.1B | 25.3B | |
Total Current Assets | 1.6B | 1.5B | 1.7B | 2.4B | 2.4B | 1.2B | |
Accumulated Other Comprehensive Income | 2.2M | (12.4M) | (14.6M) | (12.1M) | (13.9M) | (14.6M) | |
Short Term Debt | 929.9M | 201.6M | 46.4M | 513.9M | 987.1M | 1.0B | |
Intangible Assets | 133.9M | 173.1M | 259.5M | 347.2M | 496.2M | 510.6M | |
Non Currrent Assets Other | 927M | 966.5M | 926.6M | (658.3M) | 640M | 672M | |
Other Liab | 3.5B | 3.9B | 4.0B | 4.3B | 5.0B | 2.6B | |
Other Assets | 582M | 819M | 926.6M | 1.2B | 1.3B | 1.4B | |
Long Term Debt | 7.8B | 8.8B | 9.5B | 11.3B | 11.9B | 6.3B | |
Short Term Investments | 179.4M | 149.1M | 139M | 127.6M | 163.6M | 116.8M | |
Inventory | 56.8M | 59.1M | 72.2M | 96.6M | 97.3M | 102.2M | |
Treasury Stock | (1.8B) | (2.2B) | (100K) | (274.8M) | (247.3M) | (259.7M) | |
Property Plant Equipment | 8.4B | 8.7B | 9.2B | 10.7B | 12.4B | 6.3B | |
Current Deferred Revenue | 336M | 345.6M | 381.3M | 443M | 467.3M | 302.4M | |
Good Will | 11.6B | 12.0B | 12.8B | 14.5B | 15.8B | 9.8B | |
Net Tangible Assets | 8.1B | 8.5B | 9.0B | 9.7B | 11.1B | 9.2B | |
Retained Earnings Total Equity | 5.3B | 5.8B | 6.5B | 7.4B | 8.5B | 4.2B |
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When determining whether Republic Services is a strong investment it is important to analyze Republic Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Republic Services' future performance. For an informed investment choice regarding Republic Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Republic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Republic Services. If investors know Republic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Republic Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.185 | Dividend Share 2.185 | Earnings Share 6.24 | Revenue Per Share 50.242 | Quarterly Revenue Growth 0.065 |
The market value of Republic Services is measured differently than its book value, which is the value of Republic that is recorded on the company's balance sheet. Investors also form their own opinion of Republic Services' value that differs from its market value or its book value, called intrinsic value, which is Republic Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Republic Services' market value can be influenced by many factors that don't directly affect Republic Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Republic Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Republic Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Republic Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.