Redwire Accounts Payable vs Total Assets Analysis

RDW Stock  USD 6.19  0.11  1.75%   
Redwire Corp financial indicator trend analysis is much more than just breaking down Redwire Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redwire Corp is a good investment. Please check the relationship between Redwire Corp Accounts Payable and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redwire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Redwire Stock please use our How to Invest in Redwire Corp guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redwire Corp Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Redwire Corp's Accounts Payable and Total Assets is 0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Redwire Corp, assuming nothing else is changed. The correlation between historical values of Redwire Corp's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Redwire Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Redwire Corp's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Redwire Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Redwire Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Redwire Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Redwire Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Redwire Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redwire 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 Redwire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Redwire Stock please use our How to Invest in Redwire Corp guide.At this time, Redwire Corp's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 378.1 M in 2024, whereas Tax Provision is likely to drop (1.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization14.4M16.1M10.7M9.8M
Interest Income6.5M8.2M9.5M9.9M

Redwire Corp fundamental ratios Correlations

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0.880.80.89-0.210.31-0.850.851.0-0.920.880.910.84-0.120.910.870.910.88-0.030.860.910.910.960.730.90.89
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0.940.890.97-0.130.34-0.870.980.88-0.950.980.970.89-0.170.870.90.971.00.070.90.990.930.930.81.01.0
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0.610.310.280.340.82-0.610.480.3-0.210.490.410.69-0.97-0.020.570.410.34-0.090.570.390.50.230.810.380.37
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-0.43-0.12-0.14-0.17-0.85-0.970.41-0.33-0.110.05-0.32-0.2-0.520.22-0.36-0.2-0.17-0.06-0.37-0.2-0.35-0.06-0.68-0.19-0.19
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0.980.870.810.90.190.57-0.990.880.86-0.790.940.970.98-0.360.780.970.89-0.31.00.940.870.820.890.920.91
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0.980.860.810.90.210.57-0.990.880.84-0.780.940.970.97-0.370.771.00.970.89-0.30.940.850.80.890.920.91
0.960.910.940.99-0.070.39-0.910.970.9-0.920.990.990.92-0.20.870.940.990.99-0.030.940.920.920.821.01.0
0.940.910.910.93-0.030.5-0.870.960.91-0.950.960.90.91-0.350.810.870.90.930.20.850.920.950.880.930.93
0.870.960.910.93-0.30.23-0.810.910.96-0.990.910.90.81-0.060.930.820.90.930.170.80.920.950.720.930.93
0.940.730.770.80.430.81-0.920.870.71-0.720.890.840.96-0.680.540.890.840.79-0.020.890.820.880.720.810.82
0.960.90.951.0-0.090.38-0.890.970.89-0.930.990.980.91-0.190.870.920.981.00.00.921.00.930.930.811.0
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Redwire Corp Account Relationship Matchups

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When running Redwire Corp's price analysis, check to measure Redwire 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 Redwire Corp is operating at the current time. Most of Redwire Corp's value examination focuses on studying past and present price action to predict the probability of Redwire 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 Redwire Corp's price. Additionally, you may evaluate how the addition of Redwire Corp to your portfolios can decrease your overall portfolio volatility.