Rocky Short Term Debt vs Total Current Liabilities Analysis
| RMCF Stock | USD 2.95 0.25 9.26% |
Rocky Mountain financial indicator trend analysis is much more than just breaking down Rocky Mountain Chocolate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocky Mountain Chocolate is a good investment. Please check the relationship between Rocky Mountain Short Term Debt and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Mountain Chocolate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocky Mountain Chocolate Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rocky Mountain's Short Term Debt and Total Current Liabilities is -0.08. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Rocky Mountain Chocolate, assuming nothing else is changed. The correlation between historical values of Rocky Mountain's Short Term Debt and Total Current Liabilities 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 Rocky Mountain Chocolate are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Rocky Mountain's Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on Rocky Mountain balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rocky Mountain Chocolate 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.Most indicators from Rocky Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocky Mountain Chocolate 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 Rocky Mountain Chocolate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Rocky Mountain's Tax Provision is most likely to decrease significantly in the upcoming years. The Rocky Mountain's current Enterprise Value is estimated to increase to about 45.9 M, while Selling General Administrative is projected to decrease to roughly 5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.0M | 8.2M | 11.8M | 11.6M | Total Revenue | 32.3M | 30.4M | 31.9M | 27.5M |
Rocky Mountain fundamental ratios Correlations
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Rocky Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in Rocky Stock
When determining whether Rocky Mountain Chocolate is a strong investment it is important to analyze Rocky Mountain's 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 Rocky Mountain's future performance. For an informed investment choice regarding Rocky 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 Rocky Mountain Chocolate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Packaged Foods & Meats space 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 Rocky Mountain. If investors know Rocky 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 Rocky Mountain 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 (0.86) | Earnings Share (0.81) | Revenue Per Share 4.592 | Quarterly Revenue Growth (0.13) | Return On Assets (0.13) |
The market value of Rocky Mountain Chocolate is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Mountain's value that differs from its market value or its book value, called intrinsic value, which is Rocky Mountain'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 Rocky Mountain's market value can be influenced by many factors that don't directly affect Rocky Mountain'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 Rocky Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Mountain'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.