Research Total Stockholder Equity vs Other Current Liab Analysis

RSSS Stock  USD 2.55  0.03  1.19%   
Research Solutions financial indicator trend analysis is much more than just breaking down Research Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Research Solutions is a good investment. Please check the relationship between Research Solutions Total Stockholder Equity and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Research Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Research Stock please use our How to Invest in Research Solutions guide.

Total Stockholder Equity vs Other Current Liab

Total Stockholder Equity vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Research Solutions Total Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Research Solutions' Total Stockholder Equity and Other Current Liab is 0.85. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Research Solutions, assuming nothing else is changed. The correlation between historical values of Research Solutions' Total Stockholder Equity and Other Current Liab 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 Stockholder Equity of Research Solutions are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Stockholder Equity i.e., Research Solutions' Total Stockholder Equity and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Liab

Most indicators from Research Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Research Solutions 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 Research Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Research Stock please use our How to Invest in Research Solutions guide.At this time, Research Solutions' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 133.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.8 M in 2024.
 2021 2023 2024 (projected)
Interest Expense136.7K157.3K82.5K
Depreciation And Amortization161.5K47.4K45.0K

Research Solutions fundamental ratios Correlations

-0.220.680.910.67-0.360.81-0.86-0.650.450.85-0.260.830.670.460.840.890.660.280.870.890.350.840.650.480.9
-0.22-0.530.06-0.610.89-0.470.520.220.31-0.410.7-0.440.310.11-0.41-0.36-0.38-0.4-0.380.120.48-0.31-0.28-0.58-0.41
0.68-0.530.460.85-0.730.83-0.87-0.71-0.010.86-0.640.840.440.530.80.770.740.270.790.43-0.040.830.730.510.82
0.910.060.460.35-0.060.68-0.68-0.680.680.7-0.010.650.790.610.680.810.550.330.761.00.540.730.550.290.74
0.67-0.610.850.35-0.720.84-0.87-0.41-0.060.87-0.470.90.210.170.650.60.640.090.610.320.010.830.70.580.7
-0.360.89-0.73-0.06-0.72-0.580.660.350.14-0.550.86-0.570.12-0.04-0.54-0.44-0.38-0.33-0.510.00.5-0.46-0.55-0.6-0.54
0.81-0.470.830.680.84-0.58-0.94-0.670.270.98-0.340.980.40.430.710.790.810.30.730.660.30.960.770.690.77
-0.860.52-0.87-0.68-0.870.66-0.940.74-0.22-0.960.51-0.95-0.43-0.45-0.84-0.84-0.79-0.41-0.84-0.64-0.13-0.92-0.73-0.67-0.87
-0.650.22-0.71-0.68-0.410.35-0.670.74-0.27-0.710.44-0.62-0.64-0.84-0.83-0.83-0.76-0.55-0.86-0.67-0.14-0.67-0.45-0.44-0.8
0.450.31-0.010.68-0.060.140.27-0.22-0.270.280.260.240.590.420.130.24-0.080.120.240.690.440.350.42-0.060.2
0.85-0.410.860.70.87-0.550.98-0.96-0.710.28-0.340.990.50.510.760.790.790.290.770.680.280.990.780.60.81
-0.260.7-0.64-0.01-0.470.86-0.340.510.440.26-0.34-0.330.09-0.12-0.63-0.46-0.37-0.44-0.570.050.66-0.22-0.3-0.53-0.56
0.83-0.440.840.650.9-0.570.98-0.95-0.620.240.99-0.330.410.40.710.750.780.250.720.630.270.980.770.630.78
0.670.310.440.790.210.120.4-0.43-0.640.590.50.090.410.830.550.590.30.110.620.80.520.570.51-0.160.59
0.460.110.530.610.17-0.040.43-0.45-0.840.420.51-0.120.40.830.580.590.460.370.630.620.270.550.41-0.010.56
0.84-0.410.80.680.65-0.540.71-0.84-0.830.130.76-0.630.710.550.580.940.770.440.990.65-0.040.70.470.570.98
0.89-0.360.770.810.6-0.440.79-0.84-0.830.240.79-0.460.750.590.590.940.830.40.970.780.170.750.510.60.97
0.66-0.380.740.550.64-0.380.81-0.79-0.76-0.080.79-0.370.780.30.460.770.830.370.760.540.170.740.330.70.77
0.28-0.40.270.330.09-0.330.3-0.41-0.550.120.29-0.440.250.110.370.440.40.370.450.31-0.20.240.10.20.36
0.87-0.380.790.760.61-0.510.73-0.84-0.860.240.77-0.570.720.620.630.990.970.760.450.740.050.720.520.550.99
0.890.120.431.00.320.00.66-0.64-0.670.690.680.050.630.80.620.650.780.540.310.740.580.720.520.260.71
0.350.48-0.040.540.010.50.3-0.13-0.140.440.280.660.270.520.27-0.040.170.17-0.20.050.580.380.26-0.10.07
0.84-0.310.830.730.83-0.460.96-0.92-0.670.350.99-0.220.980.570.550.70.750.740.240.720.720.380.810.50.77
0.65-0.280.730.550.7-0.550.77-0.73-0.450.420.78-0.30.770.510.410.470.510.330.10.520.520.260.810.290.56
0.48-0.580.510.290.58-0.60.69-0.67-0.44-0.060.6-0.530.63-0.16-0.010.570.60.70.20.550.26-0.10.50.290.58
0.9-0.410.820.740.7-0.540.77-0.87-0.80.20.81-0.560.780.590.560.980.970.770.360.990.710.070.770.560.58
Click cells to compare fundamentals

Research Solutions Account Relationship Matchups

Research Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.8M16.9M17.0M21.8M25.1M12.8M
Other Current Liab6.3M6.7M6.6M8.1M9.3M9.8M
Total Current Liabilities10.0M11.5M12.1M14.5M16.7M8.6M
Total Stockholder Equity4.9M5.4M4.9M7.3M8.4M8.9M
Property Plant And Equipment Net83.6K20.8K48.0K70.2K63.2K60.0K
Current Deferred Revenue3.5M4.8M5.5M6.4M7.4M7.8M
Net Debt(9.2M)(11.0M)(10.6M)(13.5M)(12.2M)(11.6M)
Retained Earnings(21.2M)(21.5M)(23.1M)(22.5M)(20.3M)(21.3M)
Accounts Payable6.3M6.7M6.6M8.1M9.3M5.6M
Cash9.3M11.0M10.6M13.5M15.6M16.4M
Non Current Assets Total89.8K21.7K48.9K533.3K480.0K747.2K
Cash And Short Term Investments9.3M11.0M10.6M13.5M15.6M16.4M
Net Receivables4.4M4.7M5.3M6.2M7.1M5.3M
Common Stock Total Equity24.0K24.4K26.0K26.5K30.5K21.0K
Common Stock Shares Outstanding24.8M26.0M26.4M29.1M33.5M21.2M
Liabilities And Stockholders Equity14.8M16.9M17.0M21.8M25.1M12.8M
Other Current Assets962.1K1.2M1.1M400.3K460.4K502.4K
Other Stockholder Equity26.1M27.0M28.1M29.9M34.4M19.1M
Total Liab10.0M11.5M12.1M14.5M16.7M8.9M
Property Plant And Equipment Gross83.6K20.8K889.0K952.1K856.9K899.7K
Total Current Assets14.7M16.9M17.0M21.3M24.5M25.7M
Accumulated Other Comprehensive Income(125.0K)(119.6K)(121.9K)(118.2K)(106.4K)(111.7K)
Short Term Debt79.3K6.7M6.6M8.1M9.3M9.8M
Common Stock26.0K26.5K27.1K29.5K33.9K22.2K
Net Tangible Assets4.9M5.4M4.9M6.9M7.9M8.3M
Other Assets6.2K906.0893.01.1K946.8899.46
Property Plant Equipment83.6K20.8K48.0K70.2K63.2K60.0K
Non Currrent Assets Other6.2K906.0893.01.1K946.8899.46
Net Invested Capital4.9M5.4M4.9M7.3M8.4M5.2M

Pair Trading with Research Solutions

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Research Solutions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Research Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving together with Research Stock

  0.77U Unity SoftwarePairCorr
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Moving against Research Stock

  0.67DPSI DecisionPoint SystemsPairCorr
  0.57ML MoneyLionPairCorr
  0.51DTRK DATATRAK InternationalPairCorr
  0.5DSGX Descartes SystemsPairCorr
  0.47VERX Vertex Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Research Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Research Solutions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Research Solutions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Research Solutions to buy it.
The correlation of Research Solutions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Research Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Research Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Research Solutions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Research Stock Analysis

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