Richtech Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richtech Robotics Class Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Richtech Robotics' Total Current Assets and Cash And Short Term Investments is -0.85. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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' Total Current Assets and Cash And Short Term Investments 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 Current Assets of Richtech Robotics Class are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Richtech Robotics' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Richtech Robotics Class balance sheet. This account contains Richtech Robotics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Richtech Robotics Class fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Total Current Assets vs Cash And Short Term Investments Analysis

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Current Assets

Cash And Short Term Investments

Richtech Robotics fundamental ratios Correlations

Richtech Robotics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Richtech Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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