Rave Intangible Assets vs Current Deferred Revenue 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 Intangible Assets and its Current Deferred Revenue 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.

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rave Restaurant Group Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Rave Restaurant's Intangible Assets and Current Deferred Revenue is -0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue 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 Intangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Rave Restaurant Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., Rave Restaurant's Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit7.4M7.9M7.1M6.9M
Total Revenue10.7M11.9M10.7M10.2M

Rave Restaurant fundamental ratios Correlations

0.570.570.430.430.40.150.260.260.240.890.380.240.43-0.080.480.270.56-0.040.520.68-0.110.610.39-0.37-0.37
0.570.880.55-0.440.020.81-0.290.12-0.130.610.62-0.130.290.030.970.350.59-0.070.960.220.040.920.01-0.39-0.4
0.570.880.54-0.37-0.010.85-0.010.15-0.350.630.42-0.350.49-0.210.90.590.77-0.370.90.2-0.120.92-0.02-0.59-0.6
0.430.550.54-0.340.450.490.140.76-0.30.410.13-0.30.68-0.490.50.360.5-0.410.690.260.190.450.45-0.7-0.71
0.43-0.44-0.37-0.340.32-0.740.49-0.060.520.26-0.20.52-0.030.09-0.53-0.17-0.080.16-0.520.5-0.13-0.330.320.260.26
0.40.02-0.010.450.32-0.110.510.75-0.260.43-0.07-0.260.57-0.56-0.10.120.22-0.340.070.140.12-0.171.0-0.43-0.44
0.150.810.850.49-0.74-0.11-0.180.15-0.60.320.4-0.60.37-0.250.880.550.55-0.410.87-0.2-0.110.79-0.12-0.55-0.56
0.26-0.29-0.010.140.490.51-0.180.33-0.250.12-0.46-0.250.6-0.76-0.340.620.34-0.75-0.230.34-0.26-0.20.51-0.54-0.53
0.260.120.150.76-0.060.750.150.33-0.480.33-0.03-0.480.74-0.620.080.140.25-0.420.310.020.12-0.010.75-0.55-0.56
0.24-0.13-0.35-0.30.52-0.26-0.6-0.25-0.48-0.030.11.0-0.550.69-0.23-0.47-0.320.7-0.30.550.11-0.1-0.260.60.61
0.890.610.630.410.260.430.320.120.33-0.030.44-0.030.35-0.10.570.170.54-0.050.580.27-0.240.660.43-0.39-0.4
0.380.620.420.13-0.2-0.070.4-0.46-0.030.10.440.1-0.010.260.65-0.06-0.10.370.560.1-0.090.56-0.07-0.04-0.04
0.24-0.13-0.35-0.30.52-0.26-0.6-0.25-0.481.0-0.030.1-0.550.69-0.23-0.47-0.320.7-0.30.550.11-0.1-0.260.60.61
0.430.290.490.68-0.030.570.370.60.74-0.550.35-0.01-0.55-0.780.260.650.56-0.710.450.350.090.250.57-0.8-0.81
-0.080.03-0.21-0.490.09-0.56-0.25-0.76-0.620.69-0.10.260.69-0.780.03-0.65-0.420.86-0.12-0.010.170.05-0.550.860.86
0.480.970.90.5-0.53-0.10.88-0.340.08-0.230.570.65-0.230.260.030.370.56-0.090.960.09-0.050.94-0.11-0.39-0.4
0.270.350.590.36-0.170.120.550.620.14-0.470.17-0.06-0.470.65-0.650.370.6-0.870.420.28-0.250.440.11-0.73-0.73
0.560.590.770.5-0.080.220.550.340.25-0.320.54-0.1-0.320.56-0.420.560.6-0.520.610.3-0.050.620.22-0.62-0.63
-0.04-0.07-0.37-0.410.16-0.34-0.41-0.75-0.420.7-0.050.370.7-0.710.86-0.09-0.87-0.52-0.21-0.010.22-0.12-0.340.750.76
0.520.960.90.69-0.520.070.87-0.230.31-0.30.580.56-0.30.45-0.120.960.420.61-0.210.160.040.890.07-0.51-0.52
0.680.220.20.260.50.14-0.20.340.020.550.270.10.550.35-0.010.090.280.3-0.010.160.150.240.14-0.15-0.15
-0.110.04-0.120.19-0.130.12-0.11-0.260.120.11-0.24-0.090.110.090.17-0.05-0.25-0.050.220.040.15-0.130.120.140.13
0.610.920.920.45-0.33-0.170.79-0.2-0.01-0.10.660.56-0.10.250.050.940.440.62-0.120.890.24-0.13-0.18-0.39-0.4
0.390.01-0.020.450.321.0-0.120.510.75-0.260.43-0.07-0.260.57-0.55-0.110.110.22-0.340.070.140.12-0.18-0.43-0.43
-0.37-0.39-0.59-0.70.26-0.43-0.55-0.54-0.550.6-0.39-0.040.6-0.80.86-0.39-0.73-0.620.75-0.51-0.150.14-0.39-0.431.0
-0.37-0.4-0.6-0.710.26-0.44-0.56-0.53-0.560.61-0.4-0.040.61-0.810.86-0.4-0.73-0.630.76-0.52-0.150.13-0.4-0.431.0
Click cells to compare fundamentals

Rave Restaurant Account Relationship Matchups

Rave Restaurant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7M13.3M18.5M14.2M12.8M13.5M
Short Long Term Debt Total6.3M4.2M1.9M1.4M1.3M1.2M
Other Current Liab1.2M970K1.2M891K801.9K761.8K
Total Current Liabilities2.5M4.5M2.9M2.2M2.0M3.9M
Total Stockholder Equity503K5.7M13.4M10.4M11.9M6.7M
Property Plant And Equipment Net3.9M2.5M2.0M1.5M1.3M1.3M
Net Debt3.3M(4.1M)(5.8M)(3.9M)(3.5M)(3.3M)
Retained Earnings(8.7M)(7.2M)826K2.4M2.2M2.1M
Accounts Payable446K644K669K502K451.8K429.2K
Cash3.0M8.3M7.7M5.3M6.1M6.4M
Non Current Assets Total4.8M3.0M8.5M7.4M6.7M7.1M
Non Currrent Assets Other685K259K224K220K198K188.1K
Cash And Short Term Investments3.0M8.3M7.7M5.3M6.1M6.4M
Net Receivables1.5M1.8M2.2M1.3M1.1M1.1M
Common Stock Shares Outstanding15.1M18.1M18.0M15.9M18.3M13.8M
Liabilities And Stockholders Equity9.7M13.3M18.5M14.2M12.8M13.5M
Non Current Liabilities Total6.7M3.1M2.2M1.6M1.5M1.4M
Inventory278K35K1.052K46.8K44.5K
Other Current Assets174K196K182K204K183.6K174.4K
Other Stockholder Equity9.0M12.7M12.3M7.7M8.9M9.3M
Total Liab9.2M7.6M5.1M3.8M3.5M3.3M
Total Current Assets4.9M10.4M10.1M6.8M6.2M6.4M
Intangible Assets155K183K232K328K295.2K280.4K
Property Plant And Equipment Gross3.9M2.5M2.0M1.5M1.3M1.3M
Other Liab1.0M1.2M793K690K793.5K1.1M
Other Assets685K259K6.2M5.6M6.4M6.7M
Property Plant Equipment3.9M2.5M2.0M1.5M1.3M1.3M
Current Deferred Revenue254K626K538K342K393.3K238.4K
Net Tangible Assets348K5.6M13.2M10.1M11.6M6.8M
Deferred Long Term Liab231K207K224K220K198K188.1K

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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
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.