RFIL Net Receivables vs Cash Analysis
RFIL Stock | USD 3.04 0.10 3.40% |
RF Industries financial indicator trend analysis is much more than just breaking down RF Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RF Industries is a good investment. Please check the relationship between RF Industries Net Receivables and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RF Industries Net Receivables account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between RF Industries' Net Receivables and Cash is -0.04. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of RF Industries, assuming nothing else is changed. The correlation between historical values of RF Industries' Net Receivables and Cash 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 Receivables of RF Industries are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., RF Industries' Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Cash
Cash refers to the most liquid asset of RF Industries, which is listed under current asset account on RF Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from RF Industries customers. The amounts must be unrestricted with restricted cash listed in a different RF Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from RF Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RF Industries 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 RF Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.At this time, RF Industries' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 57 M this year, although the value of Discontinued Operations is projected to rise to (153.9 K).
2021 | 2023 | 2024 (projected) | Interest Expense | 601K | 691.2K | 661.3K | Depreciation And Amortization | 1.7M | 2.8M | 2.9M |
RF Industries fundamental ratios Correlations
Click cells to compare fundamentals
RF Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RF Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.8M | 49.6M | 89.6M | 87.2M | 100.3M | 105.3M | |
Other Current Liab | 874K | 832K | 759K | 4.6M | 5.3M | 5.5M | |
Total Current Liabilities | 6.7M | 9.4M | 19.5M | 12.5M | 14.4M | 15.1M | |
Total Stockholder Equity | 32.1M | 39.6M | 41.9M | 39.8M | 45.7M | 48.0M | |
Property Plant And Equipment Net | 2.2M | 2.2M | 16.7M | 20.6M | 23.7M | 24.9M | |
Net Debt | (12.4M) | (12.4M) | 27.9M | 29.8M | 34.3M | 36.0M | |
Retained Earnings | 9.0M | 15.2M | 16.6M | 13.6M | 15.6M | 7.8M | |
Accounts Payable | 1.5M | 3.5M | 14.5M | 3.2M | 3.7M | 3.9M | |
Cash | 15.8M | 13.1M | 4.5M | 4.9M | 5.6M | 6.5M | |
Non Current Assets Total | 10.0M | 9M | 43.3M | 51.2M | 58.9M | 61.8M | |
Cash And Short Term Investments | 15.8M | 13.1M | 4.5M | 4.9M | 5.6M | 7.4M | |
Net Receivables | 5.7M | 13.5M | 14.8M | 10.3M | 11.8M | 12.4M | |
Common Stock Shares Outstanding | 9.7M | 10.2M | 10.2M | 10.3M | 11.8M | 8.9M | |
Liabilities And Stockholders Equity | 40.8M | 49.6M | 89.6M | 87.2M | 100.3M | 105.3M | |
Non Current Liabilities Total | 2.1M | 675K | 28.2M | 35.0M | 40.2M | 42.2M | |
Inventory | 8.6M | 11.2M | 21.1M | 18.7M | 21.5M | 22.6M | |
Other Current Assets | 813K | 2.9M | 5.8M | 2.1M | 2.5M | 2.6M | |
Other Stockholder Equity | 22.9M | 24.3M | 25.1M | 26.1M | 30.0M | 31.5M | |
Total Liab | 8.8M | 10.0M | 47.7M | 47.5M | 54.6M | 57.3M | |
Property Plant And Equipment Gross | 2.2M | 2.2M | 16.7M | 26.1M | 30.0M | 31.5M | |
Total Current Assets | 30.9M | 40.6M | 46.2M | 36.0M | 41.4M | 43.5M | |
Common Stock | 98K | 101K | 102K | 104K | 119.6K | 66.2K | |
Other Assets | 904K | 459K | 2.1M | 1.0 | 1.15 | 1.09 | |
Property Plant Equipment | 839K | 810K | 2.2M | 16.7M | 19.2M | 20.1M | |
Intangible Assets | 4.4M | 3.9M | 16.5M | 14.8M | 17.0M | 17.8M | |
Net Tangible Assets | 28.4M | 32.1M | 33.2M | 17.3M | 19.9M | 22.8M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RF Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RF Industries' short interest history, or implied volatility extrapolated from RF Industries options trading.
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When determining whether RF Industries is a strong investment it is important to analyze RF Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RF Industries' future performance. For an informed investment choice regarding RFIL Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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When running RF Industries' price analysis, check to measure RF Industries' 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 RF Industries is operating at the current time. Most of RF Industries' value examination focuses on studying past and present price action to predict the probability of RF Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RF Industries' price. Additionally, you may evaluate how the addition of RF Industries to your portfolios can decrease your overall portfolio volatility.
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Is RF Industries' 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 RF Industries. If investors know RFIL 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 RF Industries 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 0.134 | Earnings Share (0.32) | Revenue Per Share 6.513 | Quarterly Revenue Growth (0.27) | Return On Assets (0.03) |
The market value of RF Industries is measured differently than its book value, which is the value of RFIL that is recorded on the company's balance sheet. Investors also form their own opinion of RF Industries' value that differs from its market value or its book value, called intrinsic value, which is RF Industries' 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 RF Industries' market value can be influenced by many factors that don't directly affect RF Industries' 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 RF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if RF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF Industries' 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.