Rambus Accounts Payable vs Cash And Short Term Investments Analysis

RMBS Stock

USD 55.57 0.74 1.31%

Rambus financial indicator trend analysis is much more than just breaking down Rambus Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rambus Inc is a good investment. Please check the relationship between Rambus Accounts Payable 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 Rambus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable 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 Rambus Inc Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between Rambus' Accounts Payable and Cash And Short Term Investments is 0.31. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Rambus Inc, assuming nothing else is changed. The correlation between historical values of Rambus' Accounts Payable 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 Accounts Payable of Rambus Inc 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 Accounts Payable i.e., Rambus' Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Rambus 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 Rambus Inc 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Rambus Inc balance sheet. This account contains Rambus investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Rambus Inc 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 Rambus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rambus Inc 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 Rambus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Rambus' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 50.81 in 2024, despite the fact that Tax Provision is likely to grow to (143 M).

	2021	2022	2023	2024 (projected)
Interest Expense	10.7M	1.9M	1.5M	1.4M
Depreciation And Amortization	1.2M	12.6M	48.4M	50.8M

Interest Expense Depreciation And Amortization

Rambus fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Other Assets	Common Stock Total Equity
Common Stock Shares Outstanding		0.62	0.51	0.28	0.32	0.5	0.74	0.11	-0.6	0.35	0.54	0.62	0.06	0.67	0.21	0.37	0.6	0.34	0.93	0.69	0.41	0.54	0.23	0.09	0.12	0.67
Total Assets	0.62		0.25	0.52	0.41	0.84	0.63	0.32	0.16	0.35	0.05	0.93	0.13	0.79	0.81	0.77	0.59	0.42	0.81	0.75	0.36	0.93	-0.07	0.68	0.61	0.45
Short Long Term Debt Total	0.51	0.25		0.09	0.43	-0.13	0.23	0.56	-0.61	-0.38	0.77	0.28	-0.54	0.4	-0.17	-0.06	0.58	-0.37	0.48	0.76	-0.36	0.19	0.59	-0.37	0.24	0.04
Other Current Liab	0.28	0.52	0.09		0.58	0.41	0.74	0.03	0.04	0.57	0.08	0.27	0.1	0.68	0.49	0.66	0.11	0.19	0.41	0.51	0.44	0.69	0.3	0.46	-0.12	0.25
Total Current Liabilities	0.32	0.41	0.43	0.58		0.27	0.38	0.09	-0.18	0.25	0.46	0.22	-0.02	0.63	0.3	0.38	-0.11	-0.02	0.4	0.65	0.18	0.54	0.56	0.22	-0.07	0.13
Total Stockholder Equity	0.5	0.84	-0.13	0.41	0.27		0.44	0.03	0.37	0.54	-0.14	0.75	0.55	0.64	0.86	0.76	0.39	0.77	0.58	0.49	0.68	0.81	-0.31	0.86	0.47	0.56
Property Plant And Equipment Net	0.74	0.63	0.23	0.74	0.38	0.44		-0.05	-0.39	0.62	0.3	0.52	0.02	0.68	0.37	0.51	0.38	0.23	0.82	0.57	0.48	0.66	0.26	0.28	-0.08	0.52
Net Debt	0.11	0.32	0.56	0.03	0.09	0.03	-0.05		0.05	-0.56	-0.09	0.37	-0.55	0.19	0.19	0.23	0.55	-0.34	0.17	0.48	-0.52	0.22	0.25	0.0	0.63	-0.29
Retained Earnings	-0.6	0.16	-0.61	0.04	-0.18	0.37	-0.39	0.05		0.0	-0.76	0.11	0.34	-0.12	0.57	0.34	-0.17	0.27	-0.43	-0.26	0.08	0.19	-0.53	0.68	0.44	-0.24
Accounts Payable	0.35	0.35	-0.38	0.57	0.25	0.54	0.62	-0.56	0.0		-0.01	0.26	0.52	0.31	0.4	0.35	-0.09	0.57	0.38	0.11	0.77	0.38	-0.03	0.5	-0.28	0.45
Cash	0.54	0.05	0.77	0.08	0.46	-0.14	0.3	-0.09	-0.76	-0.01		0.04	-0.19	0.34	-0.33	-0.25	0.29	-0.13	0.43	0.56	0.0	0.06	0.52	-0.42	-0.19	0.29
Non Current Assets Total	0.62	0.93	0.28	0.27	0.22	0.75	0.52	0.37	0.11	0.26	0.04		0.07	0.55	0.69	0.53	0.69	0.4	0.78	0.69	0.24	0.73	-0.08	0.58	0.72	0.39
Non Currrent Assets Other	0.06	0.13	-0.54	0.1	-0.02	0.55	0.02	-0.55	0.34	0.52	-0.19	0.07		0.15	0.25	0.3	-0.19	0.91	-0.01	-0.17	0.87	0.18	-0.3	0.51	-0.22	0.68
Cash And Short Term Investments	0.67	0.79	0.4	0.68	0.63	0.64	0.68	0.19	-0.12	0.31	0.34	0.55	0.15		0.53	0.82	0.38	0.31	0.76	0.75	0.42	0.91	0.16	0.4	0.18	0.55
Net Receivables	0.21	0.81	-0.17	0.49	0.3	0.86	0.37	0.19	0.57	0.4	-0.33	0.69	0.25	0.53		0.75	0.32	0.44	0.4	0.46	0.39	0.81	-0.31	0.94	0.61	0.18
Short Term Investments	0.37	0.77	-0.06	0.66	0.38	0.76	0.51	0.23	0.34	0.35	-0.25	0.53	0.3	0.82	0.75		0.21	0.43	0.52	0.44	0.47	0.9	-0.15	0.68	0.28	0.41
Non Current Liabilities Total	0.6	0.59	0.58	0.11	-0.11	0.39	0.38	0.55	-0.17	-0.09	0.29	0.69	-0.19	0.38	0.32	0.21		0.15	0.59	0.68	0.0	0.41	0.04	0.18	0.65	0.29
Other Current Assets	0.34	0.42	-0.37	0.19	-0.02	0.77	0.23	-0.34	0.27	0.57	-0.13	0.4	0.91	0.31	0.44	0.43	0.15		0.29	0.09	0.89	0.38	-0.36	0.61	0.05	0.78
Other Stockholder Equity	0.93	0.81	0.48	0.41	0.4	0.58	0.82	0.17	-0.43	0.38	0.43	0.78	-0.01	0.76	0.4	0.52	0.59	0.29		0.74	0.35	0.72	0.15	0.23	0.26	0.6
Total Liab	0.69	0.75	0.76	0.51	0.65	0.49	0.57	0.48	-0.26	0.11	0.56	0.69	-0.17	0.75	0.46	0.44	0.68	0.09	0.74		0.13	0.71	0.44	0.29	0.44	0.32
Property Plant And Equipment Gross	0.41	0.36	-0.36	0.44	0.18	0.68	0.48	-0.52	0.08	0.77	0.0	0.24	0.87	0.42	0.39	0.47	0.0	0.89	0.35	0.13		0.43	-0.12	0.56	-0.26	0.8
Total Current Assets	0.54	0.93	0.19	0.69	0.54	0.81	0.66	0.22	0.19	0.38	0.06	0.73	0.18	0.91	0.81	0.9	0.41	0.38	0.72	0.71	0.43		-0.05	0.69	0.42	0.45
Short Term Debt	0.23	-0.07	0.59	0.3	0.56	-0.31	0.26	0.25	-0.53	-0.03	0.52	-0.08	-0.3	0.16	-0.31	-0.15	0.04	-0.36	0.15	0.44	-0.12	-0.05		-0.32	-0.31	-0.05
Other Liab	0.09	0.68	-0.37	0.46	0.22	0.86	0.28	0.0	0.68	0.5	-0.42	0.58	0.51	0.4	0.94	0.68	0.18	0.61	0.23	0.29	0.56	0.69	-0.32		0.46	0.28
Other Assets	0.12	0.61	0.24	-0.12	-0.07	0.47	-0.08	0.63	0.44	-0.28	-0.19	0.72	-0.22	0.18	0.61	0.28	0.65	0.05	0.26	0.44	-0.26	0.42	-0.31	0.46		-0.16
Common Stock Total Equity	0.67	0.45	0.04	0.25	0.13	0.56	0.52	-0.29	-0.24	0.45	0.29	0.39	0.68	0.55	0.18	0.41	0.29	0.78	0.6	0.32	0.8	0.45	-0.05	0.28	-0.16

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Rambus Account Relationship Matchups

Rambus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	110.9M	113.3M	114.9M	109.5M	110.9M	102.9M
Total Assets	1.3B	1.2B	1.2B	1.0B	1.3B	661.2M
Short Long Term Debt Total	195.0M	195.1M	198.8M	44.5M	30.7M	29.2M
Other Current Liab	58.3M	61.9M	61.6M	62.6M	49.2M	30.8M
Total Current Liabilities	86.2M	85.9M	267.3M	126.7M	89.1M	87.8M
Total Stockholder Equity	970.9M	905.1M	862.4M	779.3M	1.0B	1.1B
Property Plant And Equipment Net	81.7M	86.4M	79.7M	110.4M	89.3M	48.5M
Net Debt	92.9M	58.9M	90.9M	(80.9M)	(64.1M)	(60.9M)
Retained Earnings	(290.2M)	(365.3M)	(435.2M)	(513.3M)	(285.5M)	(299.8M)
Accounts Payable	9.5M	9.0M	11.3M	24.8M	18.1M	19.0M
Cash	102.2M	136.1M	107.9M	125.3M	94.8M	116.9M
Non Current Assets Total	674.3M	547.1M	548.3M	485.4M	625.5M	316.8M
Non Currrent Assets Other	5.9M	4.5M	4.2M	3.3M	85.9M	90.2M
Cash And Short Term Investments	407.7M	502.6M	485.6M	313.2M	425.8M	274.1M
Net Receivables	228.4M	163.8M	179.7M	181.1M	133.8M	140.5M
Short Term Investments	305.5M	366.5M	377.7M	187.9M	331.1M	182.7M
Liabilities And Stockholders Equity	1.3B	1.2B	1.2B	1.0B	1.3B	661.2M
Non Current Liabilities Total	281.9M	252.9M	103.0M	106.6M	128.9M	130.2M
Other Current Assets	18.5M	15.9M	10.6M	12.0M	34.9M	36.6M
Other Stockholder Equity	1.3B	1.3B	1.3B	1.3B	1.3B	809.5M
Total Liab	368.1M	338.8M	370.3M	233.3M	218.0M	213.6M
Property Plant And Equipment Gross	81.7M	86.4M	79.7M	110.4M	178.4M	187.3M
Total Current Assets	664.7M	696.8M	684.4M	527.2M	630.6M	349.2M
Accumulated Other Comprehensive Income	(92K)	(81K)	(1.5M)	(5.0M)	(1.3M)	(1.3M)
Short Term Debt	6.4M	4.7M	169.7M	15.4M	4.5M	4.2M
Other Liab	93.2M	62.6M	73.9M	77.5M	89.1M	93.6M
Other Assets	350.6M	240.9M	131.3M	31.6M	36.3M	34.5M
Property Plant Equipment	44.7M	57.7M	79.7M	86.3M	99.2M	50.8M
Current Deferred Revenue	11.9M	10.2M	24.8M	23.9M	17.4M	13.8M
Intangible Assets	54.9M	36.5M	58.4M	50.9M	28.8M	27.3M
Long Term Debt	172.7M	178.2M	148.8M	156.0M	179.4M	171.9M
Good Will	183.5M	183.2M	278.8M	292.0M	286.8M	143.8M
Inventory	10.1M	14.5M	8.5M	20.9M	36.2M	38.0M
Net Tangible Assets	732.6M	868.6M	525.2M	436.4M	501.8M	422.7M
Retained Earnings Total Equity	(290.2M)	(365.3M)	(435.2M)	(513.3M)	(590.2M)	(619.8M)
Capital Surpluse	1.3B	1.3B	1.3B	1.3B	1.5B	1.3B
Deferred Long Term Liab	9.8M	19.0M	13.8M	25.0M	28.7M	30.1M

Pair Trading with Rambus

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rambus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rambus will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rambus Stock

0.74	DQ	Daqo New Energy	Pair Corr
0.82	MX	MagnaChip Semiconductor	Pair Corr
0.79	NA	Nano Labs	Pair Corr

Moving against Rambus Stock

0.59	PI	Impinj Inc	Pair Corr
0.42	ADI	Analog Devices Fiscal Year End 19th of November 2024	Pair Corr
0.41	MU	Micron Technology Financial Report 26th of June 2024	Pair Corr
0.39	DIOD	Diodes Incorporated	Pair Corr
0.35	VECO	Veeco Instruments	Pair Corr

The ability to find closely correlated positions to Rambus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rambus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rambus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rambus Inc to buy it.

The correlation of Rambus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rambus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rambus Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Rambus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Rambus Stock Analysis

When running Rambus' price analysis, check to measure Rambus' 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 Rambus is operating at the current time. Most of Rambus' value examination focuses on studying past and present price action to predict the probability of Rambus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rambus' price. Additionally, you may evaluate how the addition of Rambus to your portfolios can decrease your overall portfolio volatility.

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