RLX Total Current Liabilities vs Cash And Short Term Investments Analysis
RLX Stock | USD 2.06 0.03 1.48% |
RLX Technology financial indicator trend analysis is much more than just breaking down RLX Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLX Technology is a good investment. Please check the relationship between RLX Technology Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between RLX Technology's Total Current Liabilities and Cash And Short Term Investments is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of RLX Technology, assuming nothing else is changed. The correlation between historical values of RLX Technology's Total Current Liabilities and Cash And Short Term Investments 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 Liabilities of RLX Technology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., RLX Technology's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on RLX Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RLX Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of RLX Technology balance sheet. This account contains RLX Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by RLX Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from RLX Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLX Technology 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 RLX Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.Sales General And Administrative To Revenue is likely to rise to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 17.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.7B | 2.3B | 387.7M | 368.3M | Total Revenue | 8.5B | 5.3B | 1.2B | 1.2B |
RLX Technology fundamental ratios Correlations
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RLX Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RLX Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 4.1B | 16.4B | 16.4B | 16.3B | 10.0B | |
Short Long Term Debt Total | 92.8M | 94.5M | 184.8M | 85.9M | 53.9M | 93.9M | |
Other Current Liab | 419.6M | 671.3M | 1.1B | 399.3M | 480.2M | 574.1M | |
Total Current Liabilities | 619.9M | 2.5B | 2.7B | 789.8M | 668.7M | 635.2M | |
Total Stockholder Equity | 106.3M | 1.5B | 13.5B | 15.6B | 15.6B | 8.5B | |
Net Tangible Assets | 100.9M | 1.5B | 13.5B | 15.6B | 17.9B | 18.8B | |
Property Plant And Equipment Net | 176.5M | 166.2M | 319.4M | 162.9M | 129.9M | 175.2M | |
Current Deferred Revenue | 18.4M | 320.4M | 286.7M | 75.2M | 49.6M | 47.1M | |
Net Debt | (42.8M) | (1.0B) | (5.0B) | (1.2B) | (2.3B) | (2.5B) | |
Retained Earnings | 46.5M | (81.6M) | 1.9B | 3.3B | 3.8B | 4.0B | |
Accounts Payable | 150.5M | 1.5B | 1.3B | 269.3M | 109.4M | 103.9M | |
Cash | 135.5M | 1.1B | 5.2B | 1.3B | 2.4B | 1.9B | |
Non Current Assets Total | 261.2M | 193.0M | 2.4B | 5.2B | 7.3B | 7.7B | |
Other Assets | 94.2M | 17.4M | 69.8M | 3.5B | 4.0B | 4.2B | |
Cash And Short Term Investments | 463.2M | 3.1B | 12.9B | 10.8B | 8.1B | 6.5B | |
Net Receivables | 85.7M | 42.0M | 26.0M | 59.5M | 186.1M | 195.4M | |
Short Term Investments | 327.7M | 2.0B | 7.6B | 9.5B | 5.7B | 4.6B | |
Liabilities And Stockholders Equity | 1.4B | 4.1B | 16.4B | 16.4B | 16.3B | 10.0B | |
Non Current Liabilities Total | 717.9M | 54.7M | 108.7M | 48.6M | 48.0M | 45.6M | |
Capital Surpluse | 59.5M | 1.6B | 11.9B | 12.1B | 13.9B | 14.6B | |
Capital Lease Obligations | 92.8M | 94.5M | 184.8M | 85.9M | 53.9M | 93.9M | |
Inventory | 219.3M | 329.1M | 589.1M | 130.9M | 144.9M | 261.7M | |
Other Current Assets | 6.6M | 74.4M | 482.7M | 198.9M | 508.4M | 533.9M | |
Other Stockholder Equity | 59.5M | 1.6B | 11.8B | 11.4B | 10.8B | 6.5B | |
Total Liab | 1.3B | 2.6B | 2.8B | 838.5M | 716.7M | 680.8M | |
Net Invested Capital | 106.3M | 1.5B | 13.5B | 15.6B | 15.6B | 8.5B | |
Long Term Investments | 5M | 4M | 2.0B | 4.9B | 7.0B | 7.4B | |
Property Plant And Equipment Gross | 156.7M | 166.2M | 319.4M | 162.9M | 299.8M | 202.8M | |
Total Current Assets | 1.2B | 3.9B | 14.0B | 11.2B | 9.0B | 7.2B | |
Accumulated Other Comprehensive Income | 181K | 322K | (147.5M) | 809.9M | 1.0B | 1.1B | |
Cash And Equivalents | 92.4M | 437.9M | 1.7B | 1.3B | 1.5B | 773.6M | |
Net Working Capital | 563.0M | 1.4B | 11.2B | 10.4B | 8.3B | 5.8B | |
Short Term Debt | 31.4M | 45.1M | 80.6M | 46.0M | 29.4M | 42.7M | |
Intangible Assets | 5.4M | 5.4M | 8.4M | 4.7M | 69.8M | 73.3M | |
Property Plant Equipment | 156.7M | 166.2M | 319.4M | 162.9M | 187.3M | 177.3M |
RLX Technology Investors Sentiment
The influence of RLX Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in RLX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to RLX Technology's public news can be used to forecast risks associated with an investment in RLX. The trend in average sentiment can be used to explain how an investor holding RLX can time the market purely based on public headlines and social activities around RLX Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
RLX Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for RLX Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average RLX Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on RLX Technology.
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 RLX Technology 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, RLX Technology's short interest history, or implied volatility extrapolated from RLX Technology options trading.
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When determining whether RLX Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLX Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rlx Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rlx Technology Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running RLX Technology's price analysis, check to measure RLX Technology'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 RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.
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Is RLX Technology'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 RLX Technology. If investors know RLX 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 RLX Technology 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 (0.67) | Dividend Share 0.071 | Earnings Share 0.06 | Revenue Per Share 0.949 | Quarterly Revenue Growth 0.815 |
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology'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 RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology'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 RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology'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.