RFIL Short Term Debt vs Common Stock Shares Outstanding Analysis

RFIL Stock  USD 3.01  0.06  2.03%   
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 Short Term Debt and its Common Stock Shares Outstanding 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.

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RF Industries Short Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between RF Industries' Short Term Debt and Common Stock Shares Outstanding is 0.63. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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' Short Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of RF Industries are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., RF Industries' Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Expense601K691.2K661.3K
Depreciation And Amortization1.7M2.8M2.9M

RF Industries fundamental ratios Correlations

0.590.950.920.960.880.70.63-0.180.960.55-0.170.810.390.70.950.990.720.770.980.950.870.50.950.9-0.05
0.590.430.510.630.570.13-0.01-0.220.640.17-0.210.420.230.440.630.580.020.610.590.670.390.290.620.58-0.23
0.950.430.870.870.830.740.82-0.220.880.53-0.210.880.410.690.860.970.870.70.920.830.890.50.880.810.09
0.920.510.870.770.620.80.560.170.790.520.180.860.610.840.750.890.660.890.810.760.970.690.760.77-0.07
0.960.630.870.770.970.550.53-0.380.990.51-0.370.670.20.551.00.960.640.630.991.00.710.320.990.91-0.08
0.880.570.830.620.970.430.57-0.590.960.43-0.580.60.060.40.970.90.650.480.960.960.560.180.970.85-0.01
0.70.130.740.80.550.430.630.190.550.70.180.780.630.760.530.70.690.530.60.520.850.680.540.46-0.15
0.63-0.010.820.560.530.570.63-0.230.540.38-0.240.710.310.450.530.680.920.380.620.450.660.360.570.50.32
-0.18-0.22-0.220.17-0.38-0.590.19-0.23-0.380.11.0-0.040.420.27-0.39-0.24-0.270.24-0.36-0.370.220.36-0.39-0.22-0.16
0.960.640.880.790.990.960.550.54-0.380.47-0.370.670.240.560.990.960.640.670.990.990.710.350.990.92-0.06
0.550.170.530.520.510.430.70.380.10.470.110.50.040.290.510.540.360.150.530.50.590.110.50.36-0.54
-0.17-0.21-0.210.18-0.37-0.580.18-0.241.0-0.370.11-0.040.390.25-0.38-0.23-0.270.23-0.35-0.360.220.33-0.38-0.21-0.17
0.810.420.880.860.670.60.780.71-0.040.670.5-0.040.470.710.650.830.760.650.730.640.910.540.660.60.02
0.390.230.410.610.20.060.630.310.420.240.040.390.470.90.190.370.320.710.250.180.590.990.210.320.16
0.70.440.690.840.550.40.760.450.270.560.290.250.710.90.530.680.490.830.580.530.820.940.540.630.05
0.950.630.860.751.00.970.530.53-0.390.990.51-0.380.650.190.530.950.620.620.990.990.690.31.00.91-0.09
0.990.580.970.890.960.90.70.68-0.240.960.54-0.230.830.370.680.950.760.740.980.940.860.470.950.88-0.01
0.720.020.870.660.640.650.690.92-0.270.640.36-0.270.760.320.490.620.760.460.710.570.720.390.650.590.21
0.770.610.70.890.630.480.530.380.240.670.150.230.650.710.830.620.740.460.650.630.80.760.630.740.08
0.980.590.920.810.990.960.60.62-0.360.990.53-0.350.730.250.580.990.980.710.650.980.760.360.990.91-0.04
0.950.670.830.761.00.960.520.45-0.370.990.5-0.360.640.180.530.990.940.570.630.980.680.30.990.9-0.12
0.870.390.890.970.710.560.850.660.220.710.590.220.910.590.820.690.860.720.80.760.680.660.70.69-0.04
0.50.290.50.690.320.180.680.360.360.350.110.330.540.990.940.30.470.390.760.360.30.660.320.420.14
0.950.620.880.760.990.970.540.57-0.390.990.5-0.380.660.210.541.00.950.650.630.990.990.70.320.92-0.05
0.90.580.810.770.910.850.460.5-0.220.920.36-0.210.60.320.630.910.880.590.740.910.90.690.420.920.01
-0.05-0.230.09-0.07-0.08-0.01-0.150.32-0.16-0.06-0.54-0.170.020.160.05-0.09-0.010.210.08-0.04-0.12-0.040.14-0.050.01
Click cells to compare fundamentals

RF Industries Account Relationship Matchups

RF Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.8M49.6M89.6M87.2M100.3M105.3M
Other Current Liab874K832K759K4.6M5.3M5.5M
Total Current Liabilities6.7M9.4M19.5M12.5M14.4M15.1M
Total Stockholder Equity32.1M39.6M41.9M39.8M45.7M48.0M
Property Plant And Equipment Net2.2M2.2M16.7M20.6M23.7M24.9M
Net Debt(12.4M)(12.4M)27.9M29.8M34.3M36.0M
Retained Earnings9.0M15.2M16.6M13.6M15.6M7.8M
Accounts Payable1.5M3.5M14.5M3.2M3.7M3.9M
Cash15.8M13.1M4.5M4.9M5.6M6.5M
Non Current Assets Total10.0M9M43.3M51.2M58.9M61.8M
Cash And Short Term Investments15.8M13.1M4.5M4.9M5.6M7.4M
Net Receivables5.7M13.5M14.8M10.3M11.8M12.4M
Common Stock Shares Outstanding9.7M10.2M10.2M10.3M11.8M8.9M
Liabilities And Stockholders Equity40.8M49.6M89.6M87.2M100.3M105.3M
Non Current Liabilities Total2.1M675K28.2M35.0M40.2M42.2M
Inventory8.6M11.2M21.1M18.7M21.5M22.6M
Other Current Assets813K2.9M5.8M2.1M2.5M2.6M
Other Stockholder Equity22.9M24.3M25.1M26.1M30.0M31.5M
Total Liab8.8M10.0M47.7M47.5M54.6M57.3M
Property Plant And Equipment Gross2.2M2.2M16.7M26.1M30.0M31.5M
Total Current Assets30.9M40.6M46.2M36.0M41.4M43.5M
Common Stock98K101K102K104K119.6K66.2K
Other Assets904K459K2.1M1.01.151.09
Property Plant Equipment839K810K2.2M16.7M19.2M20.1M
Intangible Assets4.4M3.9M16.5M14.8M17.0M17.8M
Net Tangible Assets28.4M32.1M33.2M17.3M19.9M22.8M
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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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.