Redfin Net Debt vs Retained Earnings 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 Net Debt and its Retained Earnings 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.
Net Debt vs Retained Earnings
Net Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redfin Corp Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Redfin Corp's Net Debt and Retained Earnings is -0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings 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 Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Redfin Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Redfin Corp's Net Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 Profit | 403.8M | 286.1M | 329.8M | 197.0M | Total Revenue | 1.9B | 2.3B | 976.7M | 911.5M |
Redfin Corp fundamental ratios Correlations
Click cells to compare fundamentals
Redfin Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Redfin Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 91.6M | 98.6M | 104.7M | 107.9M | 113.2M | 94.0M | |
Total Assets | 596.2M | 1.4B | 2.0B | 1.6B | 1.2B | 956.9M | |
Other Current Liab | 45.9M | 67.8M | 111.4M | 104.1M | 84.9M | 64.3M | |
Total Current Liabilities | 85.2M | 185.7M | 401.8M | 354.6M | 268.4M | 174.8M | |
Total Stockholder Equity | 331.4M | 630.4M | 349.7M | 103.9M | 42.7M | 40.6M | |
Net Tangible Assets | 319.9M | 619.4M | (245.6M) | (58.4M) | (67.2M) | (63.8M) | |
Property Plant And Equipment Net | 91.6M | 88.1M | 112.9M | 97.1M | 78.2M | 66.2M | |
Net Debt | (17.9M) | (290.2M) | 949.4M | 1.1B | 858.8M | 901.8M | |
Retained Earnings | (251.8M) | (270.3M) | (372.2M) | (693.3M) | (823.3M) | (782.2M) | |
Accounts Payable | 2.1M | 5.6M | 12.5M | 11.8M | 10.5M | 6.6M | |
Cash | 234.7M | 925.3M | 591.0M | 239.8M | 151M | 143.5M | |
Non Current Assets Total | 144.6M | 119.7M | 775.9M | 797.7M | 708.6M | 744.0M | |
Non Currrent Assets Other | 10.6M | 8.6M | 12.9M | (43.4M) | (61.2M) | (58.2M) | |
Other Assets | 10.6M | 64.7M | 12.9M | 11.2M | 39.5M | 20.1M | |
Cash And Short Term Investments | 304.7M | 1.1B | 624.7M | 362.1M | 193.0M | 183.3M | |
Net Receivables | 19.2M | 54.7M | 69.6M | 54.9M | 332K | 315.4K | |
Common Stock Total Equity | 93K | 103K | 106K | 110K | 126.5K | 84.2K | |
Liabilities And Stockholders Equity | 596.2M | 1.4B | 2.0B | 1.6B | 1.2B | 956.9M | |
Non Current Liabilities Total | 179.6M | 544.4M | 1.3B | 1.1B | 842.5M | 654.3M | |
Inventory | 74.6M | 49.2M | 358.2M | 114.3M | (4.6M) | (4.4M) | |
Other Current Assets | 3.5M | 4.9M | 7.5M | 8.7M | (193.3M) | (183.6M) | |
Other Stockholder Equity | 583.1M | 860.6M | 682.1M | 758.0M | 826.1M | 536.8M | |
Total Liab | 264.8M | 730.1M | 1.7B | 1.5B | 1.2B | 834.0M | |
Property Plant And Equipment Gross | 91.6M | 88.1M | 112.9M | 55.1M | 167.5M | 175.8M | |
Short Long Term Debt | 25.7M | 85.5M | 256.1M | 213.9M | 152.0M | 91.3M | |
Total Current Assets | 451.6M | 1.2B | 1.2B | 776.5M | 445.0M | 622.5M | |
Accumulated Other Comprehensive Income | 42K | 211K | (174K) | (801K) | (182K) | (191.1K) | |
Short Term Debt | 37.2M | 97.4M | 271.1M | 233.1M | 167.6M | 100.3M | |
Intangible Assets | 2.3M | 1.8M | 185.9M | 198.5M | 155.5M | 163.2M | |
Common Stock | 93K | 103K | 106K | 110K | 117K | 89.1K | |
Property Plant Equipment | 91.6M | 44.0M | 58.7M | 55.1M | 63.4M | 44.5M | |
Current Deferred Revenue | 43K | 14.9M | 6.7M | 5.7M | 5.5M | 5.1M | |
Short Long Term Debt Total | 216.7M | 635.0M | 1.5B | 1.3B | 1.0B | 765.4M | |
Long Term Debt | 119.7M | 488.3M | 1.2B | 1.1B | 813.2M | 601.4M | |
Retained Earnings Total Equity | (251.8M) | (270.3M) | (372.2M) | (693.3M) | (624.0M) | (592.8M) | |
Capital Surpluse | 583.1M | 860.6M | 682.1M | 758.0M | 871.6M | 695.0M |
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Try AI Portfolio ArchitectCheck 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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.