Redwire Total Current Assets vs Long Term Debt Total Analysis

RDW Stock  USD 5.15  0.11  2.18%   
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 Total Current Assets and its Long Term Debt Total 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 tightly coupled 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.

Total Current Assets vs Long Term Debt Total

Total Current Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redwire Corp Total Current Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Redwire Corp's Total Current Assets and Long Term Debt Total is 0.91. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt Total 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 Total Current Assets and Long Term Debt Total 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 Redwire Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Redwire Corp's Total Current Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Long Term Debt Total

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 tightly coupled 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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Redwire Corp Account Relationship Matchups

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