Rave Total Current Assets vs Common Stock Total Equity Analysis

RAVE Stock  USD 1.92  0.01  0.52%   
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 Total Current Assets and its Common Stock Total Equity 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.

Total Current Assets vs Common Stock Total Equity

Total Current Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rave Restaurant Group Total Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rave Restaurant's Total Current Assets and Common Stock Total Equity is -0.15. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity 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 Total Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Rave Restaurant Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., Rave Restaurant's Total Current Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Global Correlations
Find global opportunities by holding instruments from different markets
Transaction History
View history of all your transactions and understand their impact on performance
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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.