Rapid Cash vs Common Stock Analysis

RPID Stock  USD 0.84  0.02  2.13%   
Rapid Micro financial indicator trend analysis is much more than just breaking down Rapid Micro Biosystems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rapid Micro Biosystems is a good investment. Please check the relationship between Rapid Micro Cash and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rapid Micro Biosystems. 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.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rapid Micro Biosystems Cash account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rapid Micro's Cash and Common Stock is -0.07. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Rapid Micro Biosystems, assuming nothing else is changed. The correlation between historical values of Rapid Micro's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Rapid Micro Biosystems are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Rapid Micro's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Rapid Micro Biosystems, which is listed under current asset account on Rapid Micro Biosystems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rapid Micro customers. The amounts must be unrestricted with restricted cash listed in a different Rapid Micro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Rapid Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rapid Micro Biosystems 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 Rapid Micro Biosystems. 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.
As of May 17, 2024, Selling General Administrative is expected to decline to about 14.6 M. In addition to that, Tax Provision is expected to decline to about 16.5 K
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.8M3.1M3.6M2.3M
Total Operating Expenses54.7M51.1M58.7M40.9M

Rapid Micro fundamental ratios Correlations

0.590.880.350.740.220.7-0.30.83-0.180.4-0.10.710.81-0.890.990.180.910.770.73-0.76-0.810.810.950.970.53
0.590.68-0.060.04-0.590.38-0.160.91-0.210.190.070.950.67-0.640.65-0.610.810.910.86-0.05-0.930.730.510.560.81
0.880.680.370.470.040.91-0.570.880.210.69-0.40.810.74-0.690.82-0.120.790.820.87-0.46-0.820.720.740.790.74
0.35-0.060.370.30.340.5-0.570.250.510.34-0.560.16-0.02-0.040.280.150.110.060.05-0.24-0.080.430.460.270.01
0.740.040.470.30.750.39-0.190.39-0.210.09-0.070.20.7-0.680.740.760.590.170.22-0.99-0.340.310.80.830.08
0.22-0.590.040.340.750.21-0.22-0.230.170.11-0.29-0.40.16-0.090.160.95-0.06-0.44-0.31-0.720.31-0.260.290.29-0.37
0.70.380.910.50.390.21-0.780.650.530.88-0.690.590.52-0.450.58-0.010.50.570.66-0.36-0.540.490.530.570.55
-0.3-0.16-0.57-0.57-0.19-0.22-0.78-0.4-0.76-0.760.97-0.42-0.270.16-0.210.04-0.21-0.19-0.230.110.22-0.18-0.2-0.21-0.21
0.830.910.880.250.39-0.230.65-0.4-0.060.37-0.160.970.82-0.780.86-0.310.920.90.88-0.38-0.970.820.770.80.79
-0.18-0.210.210.51-0.210.170.53-0.76-0.060.6-0.86-0.04-0.220.46-0.31-0.13-0.36-0.21-0.010.30.22-0.24-0.25-0.280.11
0.40.190.690.340.090.110.88-0.760.370.6-0.750.380.2-0.240.27-0.090.220.420.41-0.09-0.250.270.160.230.32
-0.10.07-0.4-0.56-0.07-0.29-0.690.97-0.16-0.86-0.75-0.18-0.04-0.050.01-0.010.040.02-0.020.0-0.020.020.00.0-0.03
0.710.950.810.160.2-0.40.59-0.420.97-0.040.38-0.180.74-0.710.74-0.480.860.910.85-0.19-0.940.780.620.670.78
0.810.670.74-0.020.70.160.52-0.270.82-0.220.2-0.040.74-0.840.850.130.890.640.73-0.69-0.820.50.770.880.65
-0.89-0.64-0.69-0.04-0.68-0.09-0.450.16-0.780.46-0.24-0.05-0.71-0.84-0.93-0.16-0.95-0.76-0.590.720.79-0.73-0.83-0.9-0.38
0.990.650.820.280.740.160.58-0.210.86-0.310.270.010.740.85-0.930.160.950.780.73-0.76-0.850.820.960.990.53
0.18-0.61-0.120.150.760.95-0.010.04-0.31-0.13-0.09-0.01-0.480.13-0.160.16-0.04-0.45-0.4-0.750.34-0.260.280.28-0.48
0.910.810.790.110.59-0.060.5-0.210.92-0.360.220.040.860.89-0.950.95-0.040.860.76-0.61-0.930.810.860.920.6
0.770.910.820.060.17-0.440.57-0.190.9-0.210.420.020.910.64-0.760.78-0.450.860.89-0.22-0.920.870.640.680.73
0.730.860.870.050.22-0.310.66-0.230.88-0.010.41-0.020.850.73-0.590.73-0.40.760.89-0.23-0.90.680.610.680.92
-0.76-0.05-0.46-0.24-0.99-0.72-0.360.11-0.380.3-0.090.0-0.19-0.690.72-0.76-0.75-0.61-0.22-0.230.36-0.35-0.81-0.84-0.05
-0.81-0.93-0.82-0.08-0.340.31-0.540.22-0.970.22-0.25-0.02-0.94-0.820.79-0.850.34-0.93-0.92-0.90.36-0.81-0.74-0.79-0.76
0.810.730.720.430.31-0.260.49-0.180.82-0.240.270.020.780.5-0.730.82-0.260.810.870.68-0.35-0.810.790.730.5
0.950.510.740.460.80.290.53-0.20.77-0.250.160.00.620.77-0.830.960.280.860.640.61-0.81-0.740.790.970.44
0.970.560.790.270.830.290.57-0.210.8-0.280.230.00.670.88-0.90.990.280.920.680.68-0.84-0.790.730.970.51
0.530.810.740.010.08-0.370.55-0.210.790.110.32-0.030.780.65-0.380.53-0.480.60.730.92-0.05-0.760.50.440.51
Click cells to compare fundamentals

Rapid Micro Account Relationship Matchups

Rapid Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.0M241.2M190.7M143.5M165.0M107.0M
Other Current Liab113K338K8.2M9.9M11.4M12.0M
Total Current Liabilities15.5M18.2M19.1M19.0M21.8M14.5M
Accounts Payable4.5M3.9M5.4M2.0M2.3M3.4M
Cash30.1M178.4M27.1M24.3M27.9M42.8M
Other Assets795K1.8M3K1.01.151.09
Inventory9.0M15.7M21.2M20.0M23.0M24.1M
Total Liab45.2M20.2M26.5M25.5M29.3M25.4M
Common Stock6K415K421K424K381.6K589.6K
Other Current Assets839K4.0M705K2.8M3.2M3.4M
Short Long Term Debt Total24.8M400K8.0M7.3M6.6M9.3M
Total Stockholder Equity24.8M221.0M164.2M118.0M135.7M116.0M
Property Plant And Equipment Net7.1M11.3M20.9M19.1M21.9M14.5M
Current Deferred Revenue4.4M3.3M4.7M6.0M6.9M4.5M
Net Debt(5.3M)(178.0M)(19.1M)(16.9M)(15.2M)(16.0M)
Retained Earnings(241.6M)(315.1M)(375.9M)(428.4M)(385.5M)(404.8M)
Non Current Assets Total7.8M23.0M52.1M23.0M26.5M25.1M
Non Currrent Assets Other695K1.8M1.4M770.0K885.5K1.1M
Cash And Short Term Investments45.1M193.5M108.6M92.1M105.9M99.4M
Net Receivables5.8M5.0M5.4M5.6M6.4M5.9M
Common Stock Shares Outstanding38.7M41.5M42.5M43.0M49.5M45.2M
Short Term Investments15.0M15.1M81.6M67.8M77.9M39.5M
Liabilities And Stockholders Equity70.0M241.2M190.7M143.5M165.0M148.9M
Non Current Liabilities Total29.6M2.0M7.4M6.5M5.8M10.8M
Other Stockholder Equity114.6M294.5M540.8M546.1M628.0M355.9M
Net Invested Capital(102.2M)221.0M164.2M118.0M135.7M74.0M
Property Plant And Equipment Gross7.1M11.3M20.9M33.4M38.4M40.3M
Total Current Assets62.2M218.1M138.6M120.4M138.5M123.8M
Capital Stock151.8M415K421K424K381.6K362.5K
Net Working Capital46.6M200.0M119.5M101.4M116.6M105.7M
Short Term Debt6.5M10.6M766K1.1M1.0M967.9K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Rapid Micro Biosystems is a strong investment it is important to analyze Rapid Micro'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 Rapid Micro's future performance. For an informed investment choice regarding Rapid 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 Rapid Micro Biosystems. 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.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is Rapid Micro'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 Rapid Micro. If investors know Rapid 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 Rapid Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.21)
Revenue Per Share
0.535
Quarterly Revenue Growth
0.114
Return On Assets
(0.23)
Return On Equity
(0.40)
The market value of Rapid Micro Biosystems is measured differently than its book value, which is the value of Rapid that is recorded on the company's balance sheet. Investors also form their own opinion of Rapid Micro's value that differs from its market value or its book value, called intrinsic value, which is Rapid Micro'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 Rapid Micro's market value can be influenced by many factors that don't directly affect Rapid Micro'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 Rapid Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rapid Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rapid Micro'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.