Richtech Other Current Assets vs Net Debt Analysis

RR Stock

1.16 0.03 2.65%

Richtech Robotics financial indicator trend analysis is much more than just breaking down Richtech Robotics Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richtech Robotics Class is a good investment. Please check the relationship between Richtech Robotics Other Current Assets and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richtech Robotics Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Current Assets vs Net Debt

Other Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richtech Robotics Class Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Richtech Robotics' Other Current Assets and Net Debt is 0.72. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Richtech Robotics Class, assuming nothing else is changed. The correlation between historical values of Richtech Robotics' Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Richtech Robotics Class are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Richtech Robotics' Other Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

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Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Richtech Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richtech Robotics Class 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 Richtech Robotics Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Richtech Robotics' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/04/2024, Enterprise Value Over EBITDA is likely to grow to 763.80, while Selling General Administrative is likely to drop slightly above 2.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.0M	6.0M	6.9M	4.7M
Total Revenue	6.0M	8.8M	10.1M	7.6M

Gross Profit Total Revenue

Richtech Robotics fundamental ratios Correlations

	Total Assets	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	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Short Long Term Debt Total	Short Term Debt	Common Stock
Total Assets		0.99	0.91	1.0	0.84	0.91	-0.92	0.89	-0.86	0.99	-0.53	-0.86	0.92	-0.53	0.7	-0.53	0.48	0.91	0.91	1.0	0.85	1.0	0.99	0.98	0.98	-0.53
Other Current Liab	0.99		0.89	0.99	0.91	0.95	-0.95	0.8	-0.93	1.0	-0.53	-0.93	0.93	-0.53	0.81	-0.39	0.62	0.96	0.9	0.99	0.93	0.98	1.0	0.94	0.94	-0.53
Total Current Liabilities	0.91	0.89		0.91	0.76	0.93	-0.94	0.81	-0.79	0.89	-0.8	-0.79	0.99	-0.8	0.63	-0.63	0.44	0.77	1.0	0.91	0.77	0.91	0.91	0.94	0.93	-0.8
Total Stockholder Equity	1.0	0.99	0.91		0.86	0.93	-0.94	0.87	-0.88	1.0	-0.54	-0.88	0.93	-0.54	0.73	-0.49	0.52	0.92	0.92	1.0	0.88	1.0	1.0	0.98	0.98	-0.54
Property Plant And Equipment Net	0.84	0.91	0.76	0.86		0.94	-0.93	0.49	-1.0	0.89	-0.52	-1.0	0.84	-0.52	0.98	-0.02	0.88	0.98	0.79	0.83	1.0	0.83	0.89	0.74	0.74	-0.52
Net Debt	0.91	0.95	0.93	0.93	0.94		-1.0	0.66	-0.96	0.94	-0.7	-0.96	0.97	-0.7	0.87	-0.32	0.72	0.93	0.95	0.91	0.95	0.91	0.94	0.88	0.87	-0.7
Retained Earnings	-0.92	-0.95	-0.94	-0.94	-0.93	-1.0		-0.69	0.95	-0.94	0.7	0.95	-0.98	0.7	-0.85	0.35	-0.7	-0.93	-0.96	-0.92	-0.94	-0.92	-0.95	-0.89	-0.89	0.7
Accounts Payable	0.89	0.8	0.81	0.87	0.49	0.66	-0.69		-0.53	0.84	-0.41	-0.53	0.76	-0.41	0.29	-0.82	0.02	0.62	0.79	0.89	0.52	0.9	0.84	0.94	0.94	-0.41
Cash	-0.86	-0.93	-0.79	-0.88	-1.0	-0.96	0.95	-0.53		-0.91	0.54	1.0	-0.87	0.54	-0.96	0.07	-0.86	-0.98	-0.82	-0.86	-1.0	-0.85	-0.9	-0.77	-0.77	0.54
Non Current Assets Total	0.99	1.0	0.89	1.0	0.89	0.94	-0.94	0.84	-0.91		-0.52	-0.91	0.92	-0.52	0.77	-0.44	0.57	0.94	0.91	0.99	0.9	0.99	1.0	0.96	0.96	-0.52
Non Currrent Assets Other	-0.53	-0.53	-0.8	-0.54	-0.52	-0.7	0.7	-0.41	0.54	-0.52		0.54	-0.78	1.0	-0.47	0.46	-0.4	-0.45	-0.8	-0.53	-0.53	-0.53	-0.55	-0.58	-0.56	1.0
Cash And Short Term Investments	-0.86	-0.93	-0.79	-0.88	-1.0	-0.96	0.95	-0.53	1.0	-0.91	0.54		-0.87	0.54	-0.96	0.07	-0.86	-0.98	-0.82	-0.86	-1.0	-0.85	-0.9	-0.77	-0.77	0.54
Net Receivables	0.92	0.93	0.99	0.93	0.84	0.97	-0.98	0.76	-0.87	0.92	-0.78	-0.87		-0.78	0.73	-0.52	0.56	0.85	1.0	0.92	0.85	0.92	0.93	0.93	0.92	-0.78
Common Stock Shares Outstanding	-0.53	-0.53	-0.8	-0.54	-0.52	-0.7	0.7	-0.41	0.54	-0.52	1.0	0.54	-0.78		-0.47	0.46	-0.4	-0.45	-0.8	-0.53	-0.53	-0.53	-0.55	-0.58	-0.56	1.0
Non Current Liabilities Total	0.7	0.81	0.63	0.73	0.98	0.87	-0.85	0.29	-0.96	0.77	-0.47	-0.96	0.73	-0.47		0.18	0.96	0.93	0.67	0.7	0.97	0.69	0.77	0.58	0.58	-0.47
Inventory	-0.53	-0.39	-0.63	-0.49	-0.02	-0.32	0.35	-0.82	0.07	-0.44	0.46	0.07	-0.52	0.46	0.18		0.41	-0.12	-0.59	-0.53	-0.05	-0.54	-0.45	-0.67	-0.67	0.46
Other Current Assets	0.48	0.62	0.44	0.52	0.88	0.72	-0.7	0.02	-0.86	0.57	-0.4	-0.86	0.56	-0.4	0.96	0.41		0.79	0.49	0.48	0.87	0.46	0.56	0.34	0.34	-0.4
Other Stockholder Equity	0.91	0.96	0.77	0.92	0.98	0.93	-0.93	0.62	-0.98	0.94	-0.45	-0.98	0.85	-0.45	0.93	-0.12	0.79		0.8	0.9	0.99	0.9	0.94	0.82	0.82	-0.45
Total Liab	0.91	0.9	1.0	0.92	0.79	0.95	-0.96	0.79	-0.82	0.91	-0.8	-0.82	1.0	-0.8	0.67	-0.59	0.49	0.8		0.91	0.81	0.91	0.92	0.93	0.93	-0.8
Net Invested Capital	1.0	0.99	0.91	1.0	0.83	0.91	-0.92	0.89	-0.86	0.99	-0.53	-0.86	0.92	-0.53	0.7	-0.53	0.48	0.9	0.91		0.85	1.0	0.99	0.98	0.98	-0.53
Property Plant And Equipment Gross	0.85	0.93	0.77	0.88	1.0	0.95	-0.94	0.52	-1.0	0.9	-0.53	-1.0	0.85	-0.53	0.97	-0.05	0.87	0.99	0.81	0.85		0.84	0.9	0.76	0.76	-0.53
Total Current Assets	1.0	0.98	0.91	1.0	0.83	0.91	-0.92	0.9	-0.85	0.99	-0.53	-0.85	0.92	-0.53	0.69	-0.54	0.46	0.9	0.91	1.0	0.84		0.99	0.99	0.99	-0.53
Net Working Capital	0.99	1.0	0.91	1.0	0.89	0.94	-0.95	0.84	-0.9	1.0	-0.55	-0.9	0.93	-0.55	0.77	-0.45	0.56	0.94	0.92	0.99	0.9	0.99		0.96	0.96	-0.55
Short Long Term Debt Total	0.98	0.94	0.94	0.98	0.74	0.88	-0.89	0.94	-0.77	0.96	-0.58	-0.77	0.93	-0.58	0.58	-0.67	0.34	0.82	0.93	0.98	0.76	0.99	0.96		1.0	-0.58
Short Term Debt	0.98	0.94	0.93	0.98	0.74	0.87	-0.89	0.94	-0.77	0.96	-0.56	-0.77	0.92	-0.56	0.58	-0.67	0.34	0.82	0.93	0.98	0.76	0.99	0.96	1.0		-0.56
Common Stock	-0.53	-0.53	-0.8	-0.54	-0.52	-0.7	0.7	-0.41	0.54	-0.52	1.0	0.54	-0.78	1.0	-0.47	0.46	-0.4	-0.45	-0.8	-0.53	-0.53	-0.53	-0.55	-0.58	-0.56

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Richtech Other Current Assets vs Net Debt Analysis

Other Current Assets vs Net Debt

Other Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Other Current Assets

Net Debt

Richtech Robotics fundamental ratios Correlations

Richtech Robotics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Richtech Stock Analysis

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Other Current Liab
Net Working Capital	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities

Property Plant And Equipment Gross	- 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	- 1.0	Cash
Retained Earnings	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Property Plant And Equipment Net
Cash	- 1.0	Property Plant And Equipment Net
Other Stockholder Equity	- 0.98	Cash And Short Term Investments