Rave Capital Stock vs Net Working Capital Analysis
RAVE Stock | USD 2.05 0.02 0.97% |
Rave Restaurant financial indicator trend analysis is much more than just breaking down Rave Restaurant Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rave Restaurant Group is a good investment. Please check the relationship between Rave Restaurant Capital Stock and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rave Restaurant Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Capital Stock vs Net Working Capital
Capital Stock vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rave Restaurant Group Capital Stock account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rave Restaurant's Capital Stock and Net Working Capital is 0.76. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Rave Restaurant Group, assuming nothing else is changed. The correlation between historical values of Rave Restaurant's Capital Stock and Net Working Capital 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 Stock of Rave Restaurant Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Stock i.e., Rave Restaurant's Capital Stock and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Net Working Capital
Most indicators from Rave Restaurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rave Restaurant Group 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 Rave Restaurant Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At present, Rave Restaurant's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4M | 7.9M | 7.1M | 6.9M | Total Revenue | 10.7M | 11.9M | 10.7M | 10.2M |
Rave Restaurant fundamental ratios Correlations
Click cells to compare fundamentals
Rave Restaurant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rave Restaurant fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.7M | 13.3M | 18.5M | 14.2M | 12.8M | 13.5M | |
Short Long Term Debt Total | 6.3M | 4.2M | 1.9M | 1.4M | 1.3M | 1.2M | |
Other Current Liab | 1.2M | 970K | 1.2M | 891K | 801.9K | 761.8K | |
Total Current Liabilities | 2.5M | 4.5M | 2.9M | 2.2M | 2.0M | 3.9M | |
Total Stockholder Equity | 503K | 5.7M | 13.4M | 10.4M | 11.9M | 6.7M | |
Property Plant And Equipment Net | 3.9M | 2.5M | 2.0M | 1.5M | 1.3M | 1.3M | |
Net Debt | 3.3M | (4.1M) | (5.8M) | (3.9M) | (3.5M) | (3.3M) | |
Retained Earnings | (8.7M) | (7.2M) | 826K | 2.4M | 2.2M | 2.1M | |
Accounts Payable | 446K | 644K | 669K | 502K | 451.8K | 429.2K | |
Cash | 3.0M | 8.3M | 7.7M | 5.3M | 6.1M | 6.4M | |
Non Current Assets Total | 4.8M | 3.0M | 8.5M | 7.4M | 6.7M | 7.1M | |
Non Currrent Assets Other | 685K | 259K | 224K | 220K | 198K | 188.1K | |
Cash And Short Term Investments | 3.0M | 8.3M | 7.7M | 5.3M | 6.1M | 6.4M | |
Net Receivables | 1.5M | 1.8M | 2.2M | 1.3M | 1.1M | 1.1M | |
Common Stock Shares Outstanding | 15.1M | 18.1M | 18.0M | 15.9M | 18.3M | 13.8M | |
Liabilities And Stockholders Equity | 9.7M | 13.3M | 18.5M | 14.2M | 12.8M | 13.5M | |
Non Current Liabilities Total | 6.7M | 3.1M | 2.2M | 1.6M | 1.5M | 1.4M | |
Inventory | 278K | 35K | 1.0 | 52K | 46.8K | 44.5K | |
Other Current Assets | 174K | 196K | 182K | 204K | 183.6K | 174.4K | |
Other Stockholder Equity | 9.0M | 12.7M | 12.3M | 7.7M | 8.9M | 9.3M | |
Total Liab | 9.2M | 7.6M | 5.1M | 3.8M | 3.5M | 3.3M | |
Total Current Assets | 4.9M | 10.4M | 10.1M | 6.8M | 6.2M | 6.4M | |
Intangible Assets | 155K | 183K | 232K | 328K | 295.2K | 280.4K | |
Property Plant And Equipment Gross | 3.9M | 2.5M | 2.0M | 1.5M | 1.3M | 1.3M | |
Other Liab | 1.0M | 1.2M | 793K | 690K | 793.5K | 1.1M | |
Other Assets | 685K | 259K | 6.2M | 5.6M | 6.4M | 6.7M | |
Property Plant Equipment | 3.9M | 2.5M | 2.0M | 1.5M | 1.3M | 1.3M | |
Current Deferred Revenue | 254K | 626K | 538K | 342K | 393.3K | 238.4K | |
Net Tangible Assets | 348K | 5.6M | 13.2M | 10.1M | 11.6M | 6.8M | |
Deferred Long Term Liab | 231K | 207K | 224K | 220K | 198K | 188.1K |
Currently Active Assets on Macroaxis
When determining whether Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant's 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 Rave Restaurant's future performance. For an informed investment choice regarding Rave 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 Rave Restaurant Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Rave Stock analysis
When running Rave Restaurant's price analysis, check to measure Rave Restaurant'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 Rave Restaurant is operating at the current time. Most of Rave Restaurant's value examination focuses on studying past and present price action to predict the probability of Rave Restaurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rave Restaurant's price. Additionally, you may evaluate how the addition of Rave Restaurant to your portfolios can decrease your overall portfolio volatility.
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Global Correlations Find global opportunities by holding instruments from different markets | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
Is Rave Restaurant's industry 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 Rave Restaurant. If investors know Rave 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 Rave Restaurant 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 0.914 | Earnings Share 0.13 | Revenue Per Share 0.836 | Quarterly Revenue Growth (0.03) | Return On Assets 0.1067 |
The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave Restaurant's 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 Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave Restaurant's 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 Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave Restaurant's 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.