RLX Capital Surpluse vs Cash And Short Term Investments Analysis

RLX Stock

USD 1.84 0.02 1.08%

RLX Technology financial indicator trend analysis is much more than just breaking down RLX Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLX Technology is a good investment. Please check the relationship between RLX Technology Capital Surpluse and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. 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.

For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.

Capital Surpluse vs Cash And Short Term Investments

Capital Surpluse vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Capital Surpluse account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between RLX Technology's Capital Surpluse and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of RLX Technology, assuming nothing else is changed. The correlation between historical values of RLX Technology's Capital Surpluse and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of RLX Technology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Surpluse i.e., RLX Technology's Capital Surpluse and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Capital Surpluse

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of RLX Technology balance sheet. This account contains RLX Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by RLX Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from RLX Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLX Technology 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 RLX Technology. 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.

For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.Sales General And Administrative To Revenue is likely to rise to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 17.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.7B	2.3B	387.7M	368.3M
Total Revenue	8.5B	5.3B	1.2B	1.2B

Gross Profit Total Revenue

RLX Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.76	0.77	0.58	0.99	0.94	0.8	0.51	-0.84	0.89	0.43	0.84	0.84	0.75	0.98	0.59	-0.44	-0.8	0.03	0.95	0.76	0.67	0.88	1.0	0.56	0.99
Short Long Term Debt Total	0.76		0.98	0.87	0.68	0.66	1.0	0.79	-0.85	0.55	0.76	0.85	0.49	0.35	0.83	0.4	-0.27	-0.56	0.42	0.69	1.0	0.97	0.71	0.74	0.91	0.68
Other Current Liab	0.77	0.98		0.92	0.69	0.67	0.97	0.85	-0.9	0.56	0.82	0.91	0.51	0.35	0.83	0.42	-0.32	-0.56	0.29	0.71	0.98	0.99	0.76	0.74	0.93	0.69
Total Current Liabilities	0.58	0.87	0.92		0.49	0.41	0.85	0.99	-0.75	0.27	0.98	0.78	0.22	0.07	0.67	0.12	-0.03	-0.27	0.17	0.45	0.87	0.93	0.51	0.55	0.98	0.49
Total Stockholder Equity	0.99	0.68	0.69	0.49		0.94	0.72	0.41	-0.79	0.91	0.33	0.79	0.85	0.78	0.96	0.6	-0.44	-0.81	-0.02	0.95	0.68	0.57	0.86	0.99	0.46	1.0
Net Tangible Assets	0.94	0.66	0.67	0.41	0.94		0.7	0.33	-0.79	0.99	0.24	0.75	0.96	0.89	0.9	0.77	-0.71	-0.95	-0.03	1.0	0.66	0.56	0.95	0.93	0.38	0.94
Property Plant And Equipment Net	0.8	1.0	0.97	0.85	0.72	0.7		0.76	-0.85	0.61	0.72	0.85	0.55	0.41	0.84	0.47	-0.31	-0.6	0.43	0.73	1.0	0.95	0.74	0.77	0.89	0.72
Current Deferred Revenue	0.51	0.79	0.85	0.99	0.41	0.33	0.76		-0.68	0.2	0.99	0.71	0.16	0.02	0.6	0.05	0.02	-0.2	0.06	0.38	0.79	0.86	0.43	0.48	0.94	0.41
Net Debt	-0.84	-0.85	-0.9	-0.75	-0.79	-0.79	-0.85	-0.68		-0.68	-0.62	-0.99	-0.62	-0.44	-0.89	-0.44	0.42	0.67	-0.01	-0.82	-0.85	-0.87	-0.89	-0.85	-0.71	-0.79
Retained Earnings	0.89	0.55	0.56	0.27	0.91	0.99	0.61	0.2	-0.68		0.1	0.63	0.99	0.95	0.83	0.82	-0.75	-0.97	-0.03	0.98	0.55	0.43	0.9	0.89	0.25	0.91
Accounts Payable	0.43	0.76	0.82	0.98	0.33	0.24	0.72	0.99	-0.62	0.1		0.66	0.05	-0.08	0.53	-0.04	0.11	-0.1	0.09	0.29	0.76	0.84	0.34	0.4	0.94	0.33
Cash	0.84	0.85	0.91	0.78	0.79	0.75	0.85	0.71	-0.99	0.63	0.66		0.57	0.38	0.89	0.37	-0.32	-0.6	0.03	0.79	0.85	0.88	0.85	0.85	0.75	0.79
Non Current Assets Total	0.84	0.49	0.51	0.22	0.85	0.96	0.55	0.16	-0.62	0.99	0.05	0.57		0.97	0.75	0.89	-0.82	-0.96	-0.03	0.95	0.49	0.38	0.89	0.82	0.21	0.85
Other Assets	0.75	0.35	0.35	0.07	0.78	0.89	0.41	0.02	-0.44	0.95	-0.08	0.38	0.97		0.64	0.87	-0.79	-0.92	-0.05	0.87	0.35	0.2	0.76	0.73	0.06	0.78
Cash And Short Term Investments	0.98	0.83	0.83	0.67	0.96	0.9	0.84	0.6	-0.89	0.83	0.53	0.89	0.75	0.64		0.47	-0.36	-0.76	0.02	0.92	0.83	0.75	0.85	0.98	0.64	0.96
Net Receivables	0.59	0.4	0.42	0.12	0.6	0.77	0.47	0.05	-0.44	0.82	-0.04	0.37	0.89	0.87	0.47		-0.9	-0.82	0.23	0.75	0.4	0.31	0.77	0.55	0.16	0.6
Common Stock Total Equity	-0.44	-0.27	-0.32	-0.03	-0.44	-0.71	-0.31	0.02	0.42	-0.75	0.11	-0.32	-0.82	-0.79	-0.36	-0.9		0.84	0.05	-0.69	-0.27	-0.23	-0.75	-0.42	-0.01	-0.44
Common Stock Shares Outstanding	-0.8	-0.56	-0.56	-0.27	-0.81	-0.95	-0.6	-0.2	0.67	-0.97	-0.1	-0.6	-0.96	-0.92	-0.76	-0.82	0.84		0.04	-0.94	-0.56	-0.46	-0.89	-0.8	-0.24	-0.81
Non Current Liabilities Total	0.03	0.42	0.29	0.17	-0.02	-0.03	0.43	0.06	-0.01	-0.03	0.09	0.03	-0.03	-0.05	0.02	0.23	0.05	0.04		-0.03	0.42	0.33	-0.01	-0.01	0.36	-0.02
Capital Surpluse	0.95	0.69	0.71	0.45	0.95	1.0	0.73	0.38	-0.82	0.98	0.29	0.79	0.95	0.87	0.92	0.75	-0.69	-0.94	-0.03		0.69	0.6	0.95	0.95	0.42	0.95
Capital Lease Obligations	0.76	1.0	0.98	0.87	0.68	0.66	1.0	0.79	-0.85	0.55	0.76	0.85	0.49	0.35	0.83	0.4	-0.27	-0.56	0.42	0.69		0.97	0.71	0.74	0.91	0.68
Inventory	0.67	0.97	0.99	0.93	0.57	0.56	0.95	0.86	-0.87	0.43	0.84	0.88	0.38	0.2	0.75	0.31	-0.23	-0.46	0.33	0.6	0.97		0.68	0.64	0.94	0.57
Other Current Assets	0.88	0.71	0.76	0.51	0.86	0.95	0.74	0.43	-0.89	0.9	0.34	0.85	0.89	0.76	0.85	0.77	-0.75	-0.89	-0.01	0.95	0.71	0.68		0.87	0.48	0.86
Other Stockholder Equity	1.0	0.74	0.74	0.55	0.99	0.93	0.77	0.48	-0.85	0.89	0.4	0.85	0.82	0.73	0.98	0.55	-0.42	-0.8	-0.01	0.95	0.74	0.64	0.87		0.52	0.99
Total Liab	0.56	0.91	0.93	0.98	0.46	0.38	0.89	0.94	-0.71	0.25	0.94	0.75	0.21	0.06	0.64	0.16	-0.01	-0.24	0.36	0.42	0.91	0.94	0.48	0.52		0.46
Net Invested Capital	0.99	0.68	0.69	0.49	1.0	0.94	0.72	0.41	-0.79	0.91	0.33	0.79	0.85	0.78	0.96	0.6	-0.44	-0.81	-0.02	0.95	0.68	0.57	0.86	0.99	0.46

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RLX Technology Account Relationship Matchups

RLX Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	4.1B	16.4B	16.4B	16.3B	10.0B
Short Long Term Debt Total	92.8M	94.5M	184.8M	85.9M	53.9M	93.9M
Other Current Liab	419.6M	671.3M	1.1B	399.3M	480.2M	574.1M
Total Current Liabilities	619.9M	2.5B	2.7B	789.8M	668.7M	635.2M
Total Stockholder Equity	106.3M	1.5B	13.5B	15.6B	15.6B	8.5B
Net Tangible Assets	100.9M	1.5B	13.5B	15.6B	17.9B	18.8B
Property Plant And Equipment Net	176.5M	166.2M	319.4M	162.9M	129.9M	175.2M
Current Deferred Revenue	18.4M	320.4M	286.7M	75.2M	49.6M	47.1M
Net Debt	(42.8M)	(1.0B)	(5.0B)	(1.2B)	(2.3B)	(2.5B)
Retained Earnings	46.5M	(81.6M)	1.9B	3.3B	3.8B	4.0B
Accounts Payable	150.5M	1.5B	1.3B	269.3M	109.4M	103.9M
Cash	135.5M	1.1B	5.2B	1.3B	2.4B	1.9B
Non Current Assets Total	261.2M	193.0M	2.4B	5.2B	7.3B	7.7B
Other Assets	94.2M	17.4M	69.8M	3.5B	4.0B	4.2B
Cash And Short Term Investments	463.2M	3.1B	12.9B	10.8B	8.1B	6.5B
Net Receivables	85.7M	42.0M	26.0M	59.5M	186.1M	195.4M
Short Term Investments	327.7M	2.0B	7.6B	9.5B	5.7B	4.6B
Liabilities And Stockholders Equity	1.4B	4.1B	16.4B	16.4B	16.3B	10.0B
Non Current Liabilities Total	717.9M	54.7M	108.7M	48.6M	48.0M	45.6M
Capital Surpluse	59.5M	1.6B	11.9B	12.1B	13.9B	14.6B
Capital Lease Obligations	92.8M	94.5M	184.8M	85.9M	53.9M	93.9M
Inventory	219.3M	329.1M	589.1M	130.9M	144.9M	261.7M
Other Current Assets	6.6M	74.4M	482.7M	198.9M	508.4M	533.9M
Other Stockholder Equity	59.5M	1.6B	11.8B	11.4B	10.8B	6.5B
Total Liab	1.3B	2.6B	2.8B	838.5M	716.7M	680.8M
Net Invested Capital	106.3M	1.5B	13.5B	15.6B	15.6B	8.5B
Long Term Investments	5M	4M	2.0B	4.9B	7.0B	7.4B
Property Plant And Equipment Gross	156.7M	166.2M	319.4M	162.9M	299.8M	202.8M
Total Current Assets	1.2B	3.9B	14.0B	11.2B	9.0B	7.2B
Accumulated Other Comprehensive Income	181K	322K	(147.5M)	809.9M	1.0B	1.1B
Cash And Equivalents	92.4M	437.9M	1.7B	1.3B	1.5B	773.6M
Net Working Capital	563.0M	1.4B	11.2B	10.4B	8.3B	5.8B
Short Term Debt	31.4M	45.1M	80.6M	46.0M	29.4M	42.7M
Intangible Assets	5.4M	5.4M	8.4M	4.7M	69.8M	73.3M
Property Plant Equipment	156.7M	166.2M	319.4M	162.9M	187.3M	177.3M

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RLX Capital Surpluse vs Cash And Short Term Investments Analysis

Capital Surpluse vs Cash And Short Term Investments

Capital Surpluse vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Capital Surpluse

Cash And Short Term Investments

RLX Technology fundamental ratios Correlations

RLX Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RLX Technology fundamental ratios Accounts

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Additional Tools for RLX Stock Analysis

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Other Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Surpluse	+ 1.0	Net Tangible Assets
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net

Cash	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Common Stock Shares Outstanding	- 0.95	Net Tangible Assets
Capital Surpluse	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.92	Other Assets