RecruiterCom Total Other Income Expense Net vs Net Interest Income Analysis

RCRT Stock

USD 2.26 0.28 14.14%

RecruiterCom financial indicator trend analysis is much more than just breaking down RecruiterCom Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RecruiterCom Group is a good investment. Please check the relationship between RecruiterCom Total Other Income Expense Net and its Net Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RecruiterCom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Other Income Expense Net vs Net Interest Income

Total Other Income Expense Net vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RecruiterCom Group Total Other Income Expense Net account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between RecruiterCom's Total Other Income Expense Net and Net Interest Income is 0.28. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of RecruiterCom Group, assuming nothing else is changed. The correlation between historical values of RecruiterCom's Total Other Income Expense Net and Net Interest Income 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 Other Income Expense Net of RecruiterCom Group are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Other Income Expense Net i.e., RecruiterCom's Total Other Income Expense Net and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Other Income Expense Net

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from RecruiterCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RecruiterCom 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 RecruiterCom Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Sales General And Administrative To Revenue is likely to gain to 2.02 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	21.7M	21.1M	6.9M	5.8M
Cost Of Revenue	14.9M	16.6M	4.0M	3.8M

Total Operating Expenses Cost Of Revenue

RecruiterCom fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Good Will	Other Current Assets	Intangible Assets	Common Stock
Common Stock Shares Outstanding		0.57	0.76	0.0	0.43	0.4	-0.85	0.71	-0.82	0.52	0.51	-0.27	0.61	0.28	-0.12	0.33	0.81	0.44	-0.8	0.45	0.78	0.69	0.61	0.65	0.26	-0.22
Total Assets	0.57		0.73	0.3	0.57	0.77	-0.89	0.49	-0.79	0.97	0.96	-0.11	0.95	0.9	0.38	-0.16	0.46	0.66	-0.92	0.97	0.51	0.76	0.77	0.93	0.9	-0.2
Short Long Term Debt Total	0.76	0.73		0.18	0.64	0.4	-0.88	0.95	-0.93	0.66	0.65	-0.39	0.73	0.48	0.24	-0.26	0.8	0.69	-0.84	0.61	0.92	0.77	0.9	0.62	0.47	-0.25
Other Current Liab	0.0	0.3	0.18		0.85	-0.28	-0.26	0.18	-0.3	0.15	0.3	-0.07	0.11	0.28	0.04	-0.15	0.02	0.83	-0.3	0.25	0.18	0.51	0.1	0.32	0.17	-0.21
Total Current Liabilities	0.43	0.57	0.64	0.85		-0.06	-0.64	0.62	-0.74	0.4	0.55	-0.13	0.44	0.37	0.01	-0.25	0.51	0.99	-0.63	0.44	0.66	0.84	0.55	0.53	0.29	-0.28
Total Stockholder Equity	0.4	0.77	0.4	-0.28	-0.06		-0.6	0.14	-0.41	0.86	0.71	-0.12	0.8	0.79	0.41	0.02	0.2	0.05	-0.64	0.82	0.16	0.31	0.52	0.7	0.85	0.01
Property Plant And Equipment Net	-0.85	-0.89	-0.88	-0.26	-0.64	-0.6		-0.73	0.92	-0.85	-0.84	0.3	-0.89	-0.67	-0.18	0.0	-0.73	-0.7	0.99	-0.81	-0.77	-0.81	-0.82	-0.89	-0.67	0.22
Net Debt	0.71	0.49	0.95	0.18	0.62	0.14	-0.73		-0.85	0.4	0.42	-0.43	0.48	0.23	0.14	-0.26	0.79	0.64	-0.67	0.36	0.94	0.69	0.79	0.38	0.2	-0.23
Retained Earnings	-0.82	-0.79	-0.93	-0.3	-0.74	-0.41	0.92	-0.85		-0.68	-0.75	0.2	-0.76	-0.51	-0.05	0.21	-0.82	-0.76	0.88	-0.65	-0.89	-0.91	-0.9	-0.71	-0.46	0.24
Cash	0.52	0.97	0.66	0.15	0.4	0.86	-0.85	0.4	-0.68		0.93	-0.15	0.98	0.9	0.45	-0.12	0.4	0.5	-0.88	0.97	0.42	0.6	0.72	0.92	0.94	-0.16
Non Current Assets Total	0.51	0.96	0.65	0.3	0.55	0.71	-0.84	0.42	-0.75	0.93		0.09	0.94	0.88	0.34	-0.19	0.42	0.63	-0.87	0.94	0.44	0.73	0.74	0.93	0.85	-0.23
Non Currrent Assets Other	-0.27	-0.11	-0.39	-0.07	-0.13	-0.12	0.3	-0.43	0.2	-0.15	0.09		-0.08	-0.12	-0.23	-0.1	-0.16	-0.16	0.31	-0.13	-0.36	0.04	-0.18	-0.08	-0.14	-0.12
Cash And Short Term Investments	0.61	0.95	0.73	0.11	0.44	0.8	-0.89	0.48	-0.76	0.98	0.94	-0.08		0.81	0.34	-0.14	0.56	0.52	-0.91	0.92	0.53	0.67	0.8	0.91	0.87	-0.19
Net Receivables	0.28	0.9	0.48	0.28	0.37	0.79	-0.67	0.23	-0.51	0.9	0.88	-0.12	0.81		0.58	-0.14	0.05	0.49	-0.75	0.97	0.18	0.48	0.53	0.84	0.94	-0.13
Non Current Liabilities Total	-0.12	0.38	0.24	0.04	0.01	0.41	-0.18	0.14	-0.05	0.45	0.34	-0.23	0.34	0.58		-0.17	-0.22	0.14	-0.24	0.5	-0.05	-0.04	0.19	0.29	0.59	-0.22
Inventory	0.33	-0.16	-0.26	-0.15	-0.25	0.02	0.0	-0.26	0.21	-0.12	-0.19	-0.1	-0.14	-0.14	-0.17		-0.14	-0.26	-0.02	-0.13	-0.23	-0.17	-0.52	0.15	-0.15	-0.09
Other Stockholder Equity	0.81	0.46	0.8	0.02	0.51	0.2	-0.73	0.79	-0.82	0.4	0.42	-0.16	0.56	0.05	-0.22	-0.14		0.48	-0.64	0.27	0.9	0.7	0.78	0.41	0.15	-0.16
Total Liab	0.44	0.66	0.69	0.83	0.99	0.05	-0.7	0.64	-0.76	0.5	0.63	-0.16	0.52	0.49	0.14	-0.26	0.48		-0.7	0.56	0.64	0.85	0.59	0.61	0.41	-0.3
Property Plant And Equipment Gross	-0.8	-0.92	-0.84	-0.3	-0.63	-0.64	0.99	-0.67	0.88	-0.88	-0.87	0.31	-0.91	-0.75	-0.24	-0.02	-0.64	-0.7		-0.86	-0.7	-0.78	-0.78	-0.93	-0.74	0.22
Total Current Assets	0.45	0.97	0.61	0.25	0.44	0.82	-0.81	0.36	-0.65	0.97	0.94	-0.13	0.92	0.97	0.5	-0.13	0.27	0.56	-0.86		0.35	0.61	0.67	0.92	0.95	-0.16
Short Term Debt	0.78	0.51	0.92	0.18	0.66	0.16	-0.77	0.94	-0.89	0.42	0.44	-0.36	0.53	0.18	-0.05	-0.23	0.9	0.64	-0.7	0.35		0.75	0.83	0.42	0.19	-0.2
Accounts Payable	0.69	0.76	0.77	0.51	0.84	0.31	-0.81	0.69	-0.91	0.6	0.73	0.04	0.67	0.48	-0.04	-0.17	0.7	0.85	-0.78	0.61	0.75		0.74	0.69	0.42	-0.28
Good Will	0.61	0.77	0.9	0.1	0.55	0.52	-0.82	0.79	-0.9	0.72	0.74	-0.18	0.8	0.53	0.19	-0.52	0.78	0.59	-0.78	0.67	0.83	0.74		0.59	0.56	-0.12
Other Current Assets	0.65	0.93	0.62	0.32	0.53	0.7	-0.89	0.38	-0.71	0.92	0.93	-0.08	0.91	0.84	0.29	0.15	0.41	0.61	-0.93	0.92	0.42	0.69	0.59		0.83	-0.25
Intangible Assets	0.26	0.9	0.47	0.17	0.29	0.85	-0.67	0.2	-0.46	0.94	0.85	-0.14	0.87	0.94	0.59	-0.15	0.15	0.41	-0.74	0.95	0.19	0.42	0.56	0.83		-0.1
Common Stock	-0.22	-0.2	-0.25	-0.21	-0.28	0.01	0.22	-0.23	0.24	-0.16	-0.23	-0.12	-0.19	-0.13	-0.22	-0.09	-0.16	-0.3	0.22	-0.16	-0.2	-0.28	-0.12	-0.25	-0.1

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RecruiterCom Account Relationship Matchups

RecruiterCom fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	5.7M	26.3M	14.1M	10.5M	11.0M
Other Current Liab	3.5M	13.2M	3.8M	2.3M	2.1M	1.5M
Total Current Liabilities	5.5M	16.7M	7.6M	7.8M	9.6M	10.0M
Total Stockholder Equity	715.4K	(11.1M)	16.1M	5.1M	930.0K	883.5K
Retained Earnings	(17.5M)	(34.5M)	(50.9M)	(69.3M)	(76.4M)	(72.6M)
Cash	306.3K	99.9K	2.6M	946.8K	1.0M	707.2K
Net Receivables	864.4K	984.0K	5.7M	3.2M	418.8K	397.9K
Total Liab	5.8M	16.8M	10.2M	9.1M	9.6M	10.0M
Total Current Assets	1.3M	1.3M	8.8M	4.4M	2.0M	2.0M
Short Term Debt	99.3K	2.0M	1.7M	3.7M	5.6M	5.9M
Accounts Payable	1.4M	1.4M	1.3M	1.6M	1.7M	1.8M
Intangible Assets	1.4M	795.9K	9.7M	2.6M	1.3M	1.8M
Short Term Investments	33.9K	44.8K	1.4K	0.0	382.1K	754.0K
Long Term Debt	77.9K	73.5K	2.6M	1.3M	1.4M	980.1K
Short Long Term Debt	25.9K	1.9M	1.7M	3.7M	5.6M	5.9M
Net Tangible Assets	(5.1M)	(4.2M)	(15.4M)	(1.4M)	(1.2M)	(1.3M)

Pair Trading with RecruiterCom

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RecruiterCom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RecruiterCom will appreciate offsetting losses from the drop in the long position's value.

Moving against RecruiterCom Stock

0.66	VCIG	VCI Global Limited	Pair Corr
0.54	FC	Franklin Covey Financial Report 26th of June 2024	Pair Corr
0.53	MG	Mistras Group	Pair Corr
0.48	ACU	Acme United	Pair Corr
0.47	LZ	LegalZoom	Pair Corr

The ability to find closely correlated positions to RecruiterCom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RecruiterCom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RecruiterCom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RecruiterCom Group to buy it.

The correlation of RecruiterCom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RecruiterCom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RecruiterCom Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for RecruiterCom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for RecruiterCom Stock Analysis

When running RecruiterCom's price analysis, check to measure RecruiterCom'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 RecruiterCom is operating at the current time. Most of RecruiterCom's value examination focuses on studying past and present price action to predict the probability of RecruiterCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RecruiterCom's price. Additionally, you may evaluate how the addition of RecruiterCom to your portfolios can decrease your overall portfolio volatility.

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