Rapid Non Current Assets Total vs Cash 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 Non Current Assets Total and its Cash 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.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rapid Micro Biosystems Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have weak relationship.

The correlation between Rapid Micro's Non Current Assets Total and Cash is 0.31. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash 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 Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Rapid Micro Biosystems are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Rapid Micro's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.

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 Depreciation	2.8M	3.1M	3.6M	2.3M
Total Operating Expenses	54.7M	51.1M	58.7M	40.9M

Reconciled Depreciation Total Operating Expenses

Rapid Micro fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables
Total Assets		0.59	0.88	0.35	0.74	0.22	0.7	-0.3	0.83	-0.18	0.4	-0.1	0.71	0.81	-0.89	0.99	0.18	0.91	0.77	0.73	-0.76	-0.81	0.81	0.95	0.97	0.53
Other Current Liab	0.59		0.68	-0.06	0.04	-0.59	0.38	-0.16	0.91	-0.21	0.19	0.07	0.95	0.67	-0.64	0.65	-0.61	0.81	0.91	0.86	-0.05	-0.93	0.73	0.51	0.56	0.81
Total Current Liabilities	0.88	0.68		0.37	0.47	0.04	0.91	-0.57	0.88	0.21	0.69	-0.4	0.81	0.74	-0.69	0.82	-0.12	0.79	0.82	0.87	-0.46	-0.82	0.72	0.74	0.79	0.74
Accounts Payable	0.35	-0.06	0.37		0.3	0.34	0.5	-0.57	0.25	0.51	0.34	-0.56	0.16	-0.02	-0.04	0.28	0.15	0.11	0.06	0.05	-0.24	-0.08	0.43	0.46	0.27	0.01
Cash	0.74	0.04	0.47	0.3		0.75	0.39	-0.19	0.39	-0.21	0.09	-0.07	0.2	0.7	-0.68	0.74	0.76	0.59	0.17	0.22	-0.99	-0.34	0.31	0.8	0.83	0.08
Other Assets	0.22	-0.59	0.04	0.34	0.75		0.21	-0.22	-0.23	0.17	0.11	-0.29	-0.4	0.16	-0.09	0.16	0.95	-0.06	-0.44	-0.31	-0.72	0.31	-0.26	0.29	0.29	-0.37
Long Term Debt	0.7	0.38	0.91	0.5	0.39	0.21		-0.78	0.65	0.53	0.88	-0.69	0.59	0.52	-0.45	0.58	-0.01	0.5	0.57	0.66	-0.36	-0.54	0.49	0.53	0.57	0.55
Good Will	-0.3	-0.16	-0.57	-0.57	-0.19	-0.22	-0.78		-0.4	-0.76	-0.76	0.97	-0.42	-0.27	0.16	-0.21	0.04	-0.21	-0.19	-0.23	0.11	0.22	-0.18	-0.2	-0.21	-0.21
Inventory	0.83	0.91	0.88	0.25	0.39	-0.23	0.65	-0.4		-0.06	0.37	-0.16	0.97	0.82	-0.78	0.86	-0.31	0.92	0.9	0.88	-0.38	-0.97	0.82	0.77	0.8	0.79
Total Liab	-0.18	-0.21	0.21	0.51	-0.21	0.17	0.53	-0.76	-0.06		0.6	-0.86	-0.04	-0.22	0.46	-0.31	-0.13	-0.36	-0.21	-0.01	0.3	0.22	-0.24	-0.25	-0.28	0.11
Intangible Assets	0.4	0.19	0.69	0.34	0.09	0.11	0.88	-0.76	0.37	0.6		-0.75	0.38	0.2	-0.24	0.27	-0.09	0.22	0.42	0.41	-0.09	-0.25	0.27	0.16	0.23	0.32
Common Stock	-0.1	0.07	-0.4	-0.56	-0.07	-0.29	-0.69	0.97	-0.16	-0.86	-0.75		-0.18	-0.04	-0.05	0.01	-0.01	0.04	0.02	-0.02	0.0	-0.02	0.02	0.0	0.0	-0.03
Property Plant Equipment	0.71	0.95	0.81	0.16	0.2	-0.4	0.59	-0.42	0.97	-0.04	0.38	-0.18		0.74	-0.71	0.74	-0.48	0.86	0.91	0.85	-0.19	-0.94	0.78	0.62	0.67	0.78
Other Current Assets	0.81	0.67	0.74	-0.02	0.7	0.16	0.52	-0.27	0.82	-0.22	0.2	-0.04	0.74		-0.84	0.85	0.13	0.89	0.64	0.73	-0.69	-0.82	0.5	0.77	0.88	0.65
Short Long Term Debt Total	-0.89	-0.64	-0.69	-0.04	-0.68	-0.09	-0.45	0.16	-0.78	0.46	-0.24	-0.05	-0.71	-0.84		-0.93	-0.16	-0.95	-0.76	-0.59	0.72	0.79	-0.73	-0.83	-0.9	-0.38
Total Stockholder Equity	0.99	0.65	0.82	0.28	0.74	0.16	0.58	-0.21	0.86	-0.31	0.27	0.01	0.74	0.85	-0.93		0.16	0.95	0.78	0.73	-0.76	-0.85	0.82	0.96	0.99	0.53
Other Liab	0.18	-0.61	-0.12	0.15	0.76	0.95	-0.01	0.04	-0.31	-0.13	-0.09	-0.01	-0.48	0.13	-0.16	0.16		-0.04	-0.45	-0.4	-0.75	0.34	-0.26	0.28	0.28	-0.48
Net Tangible Assets	0.91	0.81	0.79	0.11	0.59	-0.06	0.5	-0.21	0.92	-0.36	0.22	0.04	0.86	0.89	-0.95	0.95	-0.04		0.86	0.76	-0.61	-0.93	0.81	0.86	0.92	0.6
Property Plant And Equipment Net	0.77	0.91	0.82	0.06	0.17	-0.44	0.57	-0.19	0.9	-0.21	0.42	0.02	0.91	0.64	-0.76	0.78	-0.45	0.86		0.89	-0.22	-0.92	0.87	0.64	0.68	0.73
Current Deferred Revenue	0.73	0.86	0.87	0.05	0.22	-0.31	0.66	-0.23	0.88	-0.01	0.41	-0.02	0.85	0.73	-0.59	0.73	-0.4	0.76	0.89		-0.23	-0.9	0.68	0.61	0.68	0.92
Net Debt	-0.76	-0.05	-0.46	-0.24	-0.99	-0.72	-0.36	0.11	-0.38	0.3	-0.09	0.0	-0.19	-0.69	0.72	-0.76	-0.75	-0.61	-0.22	-0.23		0.36	-0.35	-0.81	-0.84	-0.05
Retained Earnings	-0.81	-0.93	-0.82	-0.08	-0.34	0.31	-0.54	0.22	-0.97	0.22	-0.25	-0.02	-0.94	-0.82	0.79	-0.85	0.34	-0.93	-0.92	-0.9	0.36		-0.81	-0.74	-0.79	-0.76
Non Current Assets Total	0.81	0.73	0.72	0.43	0.31	-0.26	0.49	-0.18	0.82	-0.24	0.27	0.02	0.78	0.5	-0.73	0.82	-0.26	0.81	0.87	0.68	-0.35	-0.81		0.79	0.73	0.5
Non Currrent Assets Other	0.95	0.51	0.74	0.46	0.8	0.29	0.53	-0.2	0.77	-0.25	0.16	0.0	0.62	0.77	-0.83	0.96	0.28	0.86	0.64	0.61	-0.81	-0.74	0.79		0.97	0.44
Cash And Short Term Investments	0.97	0.56	0.79	0.27	0.83	0.29	0.57	-0.21	0.8	-0.28	0.23	0.0	0.67	0.88	-0.9	0.99	0.28	0.92	0.68	0.68	-0.84	-0.79	0.73	0.97		0.51
Net Receivables	0.53	0.81	0.74	0.01	0.08	-0.37	0.55	-0.21	0.79	0.11	0.32	-0.03	0.78	0.65	-0.38	0.53	-0.48	0.6	0.73	0.92	-0.05	-0.76	0.5	0.44	0.51

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Rapid Micro Account Relationship Matchups

Rapid Micro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	70.0M	241.2M	190.7M	143.5M	165.0M	107.0M
Other Current Liab	113K	338K	8.2M	9.9M	11.4M	12.0M
Total Current Liabilities	15.5M	18.2M	19.1M	19.0M	21.8M	14.5M
Accounts Payable	4.5M	3.9M	5.4M	2.0M	2.3M	3.4M
Cash	30.1M	178.4M	27.1M	24.3M	27.9M	42.8M
Other Assets	795K	1.8M	3K	1.0	1.15	1.09
Inventory	9.0M	15.7M	21.2M	20.0M	23.0M	24.1M
Total Liab	45.2M	20.2M	26.5M	25.5M	29.3M	25.4M
Common Stock	6K	415K	421K	424K	381.6K	589.6K
Other Current Assets	839K	4.0M	705K	2.8M	3.2M	3.4M
Short Long Term Debt Total	24.8M	400K	8.0M	7.3M	6.6M	9.3M
Total Stockholder Equity	24.8M	221.0M	164.2M	118.0M	135.7M	116.0M
Property Plant And Equipment Net	7.1M	11.3M	20.9M	19.1M	21.9M	14.5M
Current Deferred Revenue	4.4M	3.3M	4.7M	6.0M	6.9M	4.5M
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 Total	7.8M	23.0M	52.1M	23.0M	26.5M	25.1M
Non Currrent Assets Other	695K	1.8M	1.4M	770.0K	885.5K	1.1M
Cash And Short Term Investments	45.1M	193.5M	108.6M	92.1M	105.9M	99.4M
Net Receivables	5.8M	5.0M	5.4M	5.6M	6.4M	5.9M
Common Stock Shares Outstanding	38.7M	41.5M	42.5M	43.0M	49.5M	45.2M
Short Term Investments	15.0M	15.1M	81.6M	67.8M	77.9M	39.5M
Liabilities And Stockholders Equity	70.0M	241.2M	190.7M	143.5M	165.0M	148.9M
Non Current Liabilities Total	29.6M	2.0M	7.4M	6.5M	5.8M	10.8M
Other Stockholder Equity	114.6M	294.5M	540.8M	546.1M	628.0M	355.9M
Net Invested Capital	(102.2M)	221.0M	164.2M	118.0M	135.7M	74.0M
Property Plant And Equipment Gross	7.1M	11.3M	20.9M	33.4M	38.4M	40.3M
Total Current Assets	62.2M	218.1M	138.6M	120.4M	138.5M	123.8M
Capital Stock	151.8M	415K	421K	424K	381.6K	362.5K
Net Working Capital	46.6M	200.0M	119.5M	101.4M	116.6M	105.7M
Short Term Debt	6.5M	10.6M	766K	1.1M	1.0M	967.9K

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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:

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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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

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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.

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Rapid Non Current Assets Total vs Cash Analysis

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Cash

Rapid Micro fundamental ratios Correlations

Rapid Micro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rapid Micro fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.97	Total Assets
Common Stock	+ 0.97	Good Will
Property Plant Equipment	+ 0.97	Inventory
Cash And Short Term Investments	+ 0.97	Non Currrent Assets Other

Net Debt	- 0.99	Cash
Retained Earnings	- 0.97	Inventory
Net Tangible Assets	- 0.95	Short Long Term Debt Total
Retained Earnings	- 0.94	Property Plant Equipment
Retained Earnings	- 0.93	Net Tangible Assets
Total Stockholder Equity	- 0.93	Short Long Term Debt Total