Rambus Total Operating Expenses vs Total Other Income Expense Net Analysis

RMBS Stock  USD 57.94  1.58  2.65%   
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 Total Operating Expenses and its Total Other Income Expense Net 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Operating Expenses vs Total Other Income Expense Net

Total Operating Expenses vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rambus Inc Total Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rambus' Total Operating Expenses and Total Other Income Expense Net is -0.13. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Rambus Inc, assuming nothing else is changed. The correlation between historical values of Rambus' Total Operating Expenses and Total Other Income Expense Net 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 Operating Expenses of Rambus Inc are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Operating Expenses i.e., Rambus' Total Operating Expenses and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Other Income Expense Net

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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Rambus' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 50.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 77.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense10.7M1.9M1.5M1.4M
Depreciation And Amortization1.2M12.6M48.4M50.8M

Rambus fundamental ratios Correlations

0.620.510.280.320.50.740.11-0.60.350.540.620.060.670.210.370.60.340.930.690.410.540.230.090.120.67
0.620.250.520.410.840.630.320.160.350.050.930.130.790.810.770.590.420.810.750.360.93-0.070.680.610.45
0.510.250.090.43-0.130.230.56-0.61-0.380.770.28-0.540.4-0.17-0.060.58-0.370.480.76-0.360.190.59-0.370.240.04
0.280.520.090.580.410.740.030.040.570.080.270.10.680.490.660.110.190.410.510.440.690.30.46-0.120.25
0.320.410.430.580.270.380.09-0.180.250.460.22-0.020.630.30.38-0.11-0.020.40.650.180.540.560.22-0.070.13
0.50.84-0.130.410.270.440.030.370.54-0.140.750.550.640.860.760.390.770.580.490.680.81-0.310.860.470.56
0.740.630.230.740.380.44-0.05-0.390.620.30.520.020.680.370.510.380.230.820.570.480.660.260.28-0.080.52
0.110.320.560.030.090.03-0.050.05-0.56-0.090.37-0.550.190.190.230.55-0.340.170.48-0.520.220.250.00.63-0.29
-0.60.16-0.610.04-0.180.37-0.390.050.0-0.760.110.34-0.120.570.34-0.170.27-0.43-0.260.080.19-0.530.680.44-0.24
0.350.35-0.380.570.250.540.62-0.560.0-0.010.260.520.310.40.35-0.090.570.380.110.770.38-0.030.5-0.280.45
0.540.050.770.080.46-0.140.3-0.09-0.76-0.010.04-0.190.34-0.33-0.250.29-0.130.430.560.00.060.52-0.42-0.190.29
0.620.930.280.270.220.750.520.370.110.260.040.070.550.690.530.690.40.780.690.240.73-0.080.580.720.39
0.060.13-0.540.1-0.020.550.02-0.550.340.52-0.190.070.150.250.3-0.190.91-0.01-0.170.870.18-0.30.51-0.220.68
0.670.790.40.680.630.640.680.19-0.120.310.340.550.150.530.820.380.310.760.750.420.910.160.40.180.55
0.210.81-0.170.490.30.860.370.190.570.4-0.330.690.250.530.750.320.440.40.460.390.81-0.310.940.610.18
0.370.77-0.060.660.380.760.510.230.340.35-0.250.530.30.820.750.210.430.520.440.470.9-0.150.680.280.41
0.60.590.580.11-0.110.390.380.55-0.17-0.090.290.69-0.190.380.320.210.150.590.680.00.410.040.180.650.29
0.340.42-0.370.19-0.020.770.23-0.340.270.57-0.130.40.910.310.440.430.150.290.090.890.38-0.360.610.050.78
0.930.810.480.410.40.580.820.17-0.430.380.430.78-0.010.760.40.520.590.290.740.350.720.150.230.260.6
0.690.750.760.510.650.490.570.48-0.260.110.560.69-0.170.750.460.440.680.090.740.130.710.440.290.440.32
0.410.36-0.360.440.180.680.48-0.520.080.770.00.240.870.420.390.470.00.890.350.130.43-0.120.56-0.260.8
0.540.930.190.690.540.810.660.220.190.380.060.730.180.910.810.90.410.380.720.710.43-0.050.690.420.45
0.23-0.070.590.30.56-0.310.260.25-0.53-0.030.52-0.08-0.30.16-0.31-0.150.04-0.360.150.44-0.12-0.05-0.32-0.31-0.05
0.090.68-0.370.460.220.860.280.00.680.5-0.420.580.510.40.940.680.180.610.230.290.560.69-0.320.460.28
0.120.610.24-0.12-0.070.47-0.080.630.44-0.28-0.190.72-0.220.180.610.280.650.050.260.44-0.260.42-0.310.46-0.16
0.670.450.040.250.130.560.52-0.29-0.240.450.290.390.680.550.180.410.290.780.60.320.80.45-0.050.28-0.16
Click cells to compare fundamentals

Rambus Account Relationship Matchups

Rambus fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding110.9M113.3M114.9M109.5M110.9M102.9M
Total Assets1.3B1.2B1.2B1.0B1.3B661.2M
Short Long Term Debt Total195.0M195.1M198.8M44.5M30.7M29.2M
Other Current Liab58.3M61.9M61.6M62.6M49.2M30.8M
Total Current Liabilities86.2M85.9M267.3M126.7M89.1M87.8M
Total Stockholder Equity970.9M905.1M862.4M779.3M1.0B1.1B
Property Plant And Equipment Net81.7M86.4M79.7M110.4M89.3M48.5M
Net Debt92.9M58.9M90.9M(80.9M)(64.1M)(60.9M)
Retained Earnings(290.2M)(365.3M)(435.2M)(513.3M)(285.5M)(299.8M)
Accounts Payable9.5M9.0M11.3M24.8M18.1M19.0M
Cash102.2M136.1M107.9M125.3M94.8M116.9M
Non Current Assets Total674.3M547.1M548.3M485.4M625.5M316.8M
Non Currrent Assets Other5.9M4.5M4.2M3.3M85.9M90.2M
Cash And Short Term Investments407.7M502.6M485.6M313.2M425.8M274.1M
Net Receivables228.4M163.8M179.7M181.1M133.8M140.5M
Short Term Investments305.5M366.5M377.7M187.9M331.1M182.7M
Liabilities And Stockholders Equity1.3B1.2B1.2B1.0B1.3B661.2M
Non Current Liabilities Total281.9M252.9M103.0M106.6M128.9M130.2M
Other Current Assets18.5M15.9M10.6M12.0M34.9M36.6M
Other Stockholder Equity1.3B1.3B1.3B1.3B1.3B809.5M
Total Liab368.1M338.8M370.3M233.3M218.0M213.6M
Property Plant And Equipment Gross81.7M86.4M79.7M110.4M178.4M187.3M
Total Current Assets664.7M696.8M684.4M527.2M630.6M349.2M
Accumulated Other Comprehensive Income(92K)(81K)(1.5M)(5.0M)(1.3M)(1.3M)
Short Term Debt6.4M4.7M169.7M15.4M4.5M4.2M
Other Liab93.2M62.6M73.9M77.5M89.1M93.6M
Other Assets350.6M240.9M131.3M31.6M36.3M34.5M
Property Plant Equipment44.7M57.7M79.7M86.3M99.2M50.8M
Current Deferred Revenue11.9M10.2M24.8M23.9M17.4M13.8M
Intangible Assets54.9M36.5M58.4M50.9M28.8M27.3M
Long Term Debt172.7M178.2M148.8M156.0M179.4M171.9M
Good Will183.5M183.2M278.8M292.0M286.8M143.8M
Inventory10.1M14.5M8.5M20.9M36.2M38.0M
Net Tangible Assets732.6M868.6M525.2M436.4M501.8M422.7M
Retained Earnings Total Equity(290.2M)(365.3M)(435.2M)(513.3M)(590.2M)(619.8M)
Capital Surpluse1.3B1.3B1.3B1.3B1.5B1.3B
Deferred Long Term Liab9.8M19.0M13.8M25.0M28.7M30.1M

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

  0.85ENTG EntegrisPairCorr

Moving against Rambus Stock

  0.51VLN ValensPairCorr
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 CorrelationCorrelation Matching
When determining whether Rambus Inc is a strong investment it is important to analyze Rambus' 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 Rambus' future performance. For an informed investment choice regarding Rambus 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 Rambus Inc. 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 labor statistics.
Note that the Rambus Inc information on this page should be used as a complementary analysis to other Rambus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary 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.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Is Rambus' 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 Rambus. If investors know Rambus 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 Rambus 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
9
Earnings Share
3.28
Revenue Per Share
4.302
Quarterly Revenue Growth
0.036
Return On Assets
0.0653
The market value of Rambus Inc is measured differently than its book value, which is the value of Rambus that is recorded on the company's balance sheet. Investors also form their own opinion of Rambus' value that differs from its market value or its book value, called intrinsic value, which is Rambus' 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 Rambus' market value can be influenced by many factors that don't directly affect Rambus' 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 Rambus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rambus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rambus' 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.