Redfin Common Stock vs Total Liab Analysis

RDFN Stock  USD 7.11  0.42  5.58%   
Redfin Corp financial indicator trend analysis is much more than just breaking down Redfin Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redfin Corp is a good investment. Please check the relationship between Redfin Corp Common Stock and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redfin Corp Common Stock account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Redfin Corp's Common Stock and Total Liab is 0.34. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Redfin Corp, assuming nothing else is changed. The correlation between historical values of Redfin Corp's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Redfin Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Redfin Corp's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Redfin Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redfin Corp 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 Redfin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.At this time, Redfin Corp's Tax Provision is very stable compared to the past year. As of the 21st of May 2024, Enterprise Value is likely to grow to about 2.2 B, while Selling General Administrative is likely to drop about 120.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit403.8M286.1M329.8M197.0M
Total Revenue1.9B2.3B976.7M911.5M

Redfin Corp fundamental ratios Correlations

0.840.850.830.53-0.30.370.840.71-0.40.80.470.79-0.530.590.530.520.730.730.730.580.45-0.440.890.70.61
0.840.980.970.73-0.150.480.930.74-0.140.90.670.84-0.360.60.720.810.740.840.710.60.72-0.250.890.750.76
0.850.980.990.67-0.180.430.930.83-0.250.950.540.91-0.470.540.60.740.820.850.670.620.68-0.330.870.770.77
0.830.970.990.58-0.280.310.890.86-0.310.960.490.91-0.470.480.550.740.820.780.60.720.72-0.30.810.850.68
0.530.730.670.580.440.930.770.230.420.460.810.42-0.060.650.830.630.320.90.77-0.120.43-0.110.850.090.93
-0.3-0.15-0.18-0.280.440.57-0.05-0.540.74-0.250.33-0.420.50.130.290.07-0.470.190.15-0.7-0.110.340.06-0.620.33
0.370.480.430.310.930.570.58-0.020.480.20.720.18-0.030.660.740.410.110.790.76-0.390.11-0.090.74-0.20.85
0.840.930.930.890.77-0.050.580.68-0.090.810.610.78-0.340.610.680.730.660.870.760.430.65-0.260.910.60.81
0.710.740.830.860.23-0.54-0.020.68-0.660.870.010.98-0.750.170.080.360.960.560.330.750.49-0.550.560.830.41
-0.4-0.14-0.25-0.310.420.740.48-0.09-0.66-0.430.46-0.550.82-0.040.390.26-0.660.040.04-0.640.180.66-0.07-0.590.23
0.80.90.950.960.46-0.250.20.810.87-0.430.380.91-0.530.460.430.640.850.710.520.750.63-0.370.740.870.6
0.470.670.540.490.810.330.720.610.010.460.380.20.230.730.990.780.070.610.70.080.50.160.690.210.63
0.790.840.910.910.42-0.420.180.780.98-0.550.910.2-0.730.340.260.450.980.710.470.680.52-0.580.710.80.57
-0.53-0.36-0.47-0.47-0.060.5-0.03-0.34-0.750.82-0.530.23-0.73-0.280.160.17-0.84-0.42-0.28-0.380.20.85-0.42-0.45-0.26
0.590.60.540.480.650.130.660.610.17-0.040.460.730.34-0.280.770.40.320.650.690.110.06-0.380.750.240.59
0.530.720.60.550.830.290.740.680.080.390.430.990.260.160.770.80.130.650.770.120.50.130.740.250.66
0.520.810.740.740.630.070.410.730.360.260.640.780.450.170.40.80.260.550.640.480.820.360.610.580.55
0.730.740.820.820.32-0.470.110.660.96-0.660.850.070.98-0.840.320.130.260.640.370.640.35-0.720.640.740.49
0.730.840.850.780.90.190.790.870.560.040.710.610.71-0.420.650.650.550.640.750.130.42-0.390.940.350.98
0.730.710.670.60.770.150.760.760.330.040.520.70.47-0.280.690.770.640.370.750.140.24-0.090.870.290.71
0.580.60.620.72-0.12-0.7-0.390.430.75-0.640.750.080.68-0.380.110.120.480.640.130.140.57-0.160.280.98-0.01
0.450.720.680.720.43-0.110.110.650.490.180.630.50.520.20.060.50.820.350.420.240.570.250.430.640.41
-0.44-0.25-0.33-0.3-0.110.34-0.09-0.26-0.550.66-0.370.16-0.580.85-0.380.130.36-0.72-0.39-0.09-0.160.25-0.38-0.23-0.25
0.890.890.870.810.850.060.740.910.56-0.070.740.690.71-0.420.750.740.610.640.940.870.280.43-0.380.460.89
0.70.750.770.850.09-0.62-0.20.60.83-0.590.870.210.8-0.450.240.250.580.740.350.290.980.64-0.230.460.21
0.610.760.770.680.930.330.850.810.410.230.60.630.57-0.260.590.660.550.490.980.71-0.010.41-0.250.890.21
Click cells to compare fundamentals

Redfin Corp Account Relationship Matchups

Redfin Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding91.6M98.6M104.7M107.9M113.2M94.0M
Total Assets596.2M1.4B2.0B1.6B1.2B956.9M
Other Current Liab45.9M67.8M111.4M104.1M84.9M64.3M
Total Current Liabilities85.2M185.7M401.8M354.6M268.4M174.8M
Total Stockholder Equity331.4M630.4M349.7M103.9M42.7M40.6M
Net Tangible Assets319.9M619.4M(245.6M)(58.4M)(67.2M)(63.8M)
Property Plant And Equipment Net91.6M88.1M112.9M97.1M78.2M66.2M
Net Debt(17.9M)(290.2M)949.4M1.1B858.8M901.8M
Retained Earnings(251.8M)(270.3M)(372.2M)(693.3M)(823.3M)(782.2M)
Accounts Payable2.1M5.6M12.5M11.8M10.5M6.6M
Cash234.7M925.3M591.0M239.8M151M143.5M
Non Current Assets Total144.6M119.7M775.9M797.7M708.6M744.0M
Non Currrent Assets Other10.6M8.6M12.9M(43.4M)(61.2M)(58.2M)
Other Assets10.6M64.7M12.9M11.2M39.5M20.1M
Cash And Short Term Investments304.7M1.1B624.7M362.1M193.0M183.3M
Net Receivables19.2M54.7M69.6M54.9M332K315.4K
Common Stock Total Equity93K103K106K110K126.5K84.2K
Liabilities And Stockholders Equity596.2M1.4B2.0B1.6B1.2B956.9M
Non Current Liabilities Total179.6M544.4M1.3B1.1B842.5M654.3M
Inventory74.6M49.2M358.2M114.3M(4.6M)(4.4M)
Other Current Assets3.5M4.9M7.5M8.7M(193.3M)(183.6M)
Other Stockholder Equity583.1M860.6M682.1M758.0M826.1M536.8M
Total Liab264.8M730.1M1.7B1.5B1.2B834.0M
Property Plant And Equipment Gross91.6M88.1M112.9M55.1M167.5M175.8M
Short Long Term Debt25.7M85.5M256.1M213.9M152.0M91.3M
Total Current Assets451.6M1.2B1.2B776.5M445.0M622.5M
Accumulated Other Comprehensive Income42K211K(174K)(801K)(182K)(191.1K)
Short Term Debt37.2M97.4M271.1M233.1M167.6M100.3M
Intangible Assets2.3M1.8M185.9M198.5M155.5M163.2M
Common Stock93K103K106K110K117K89.1K
Property Plant Equipment91.6M44.0M58.7M55.1M63.4M44.5M
Current Deferred Revenue43K14.9M6.7M5.7M5.5M5.1M
Short Long Term Debt Total216.7M635.0M1.5B1.3B1.0B765.4M
Long Term Debt119.7M488.3M1.2B1.1B813.2M601.4M
Retained Earnings Total Equity(251.8M)(270.3M)(372.2M)(693.3M)(624.0M)(592.8M)
Capital Surpluse583.1M860.6M682.1M758.0M871.6M695.0M

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When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
Note that the Redfin Corp information on this page should be used as a complementary analysis to other Redfin Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Redfin Corp's price analysis, check to measure Redfin Corp'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 Redfin Corp is operating at the current time. Most of Redfin Corp's value examination focuses on studying past and present price action to predict the probability of Redfin Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redfin Corp's price. Additionally, you may evaluate how the addition of Redfin Corp to your portfolios can decrease your overall portfolio volatility.
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Is Redfin Corp'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 Redfin Corp. If investors know Redfin 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 Redfin Corp 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
3.286
Earnings Share
(1.18)
Revenue Per Share
8.576
Quarterly Revenue Growth
0.053
Return On Assets
(0.09)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp'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 Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp'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 Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp'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.