Retractable Current Deferred Revenue vs Capital Surpluse Analysis

RVP Stock

USD 0.98 0.14 12.50%

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

To learn how to invest in Retractable Stock, please use our How to Invest in Retractable Technologies guide.

Current Deferred Revenue vs Capital Surpluse

Current Deferred Revenue vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Retractable Technologies Current Deferred Revenue account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Retractable Technologies' Current Deferred Revenue and Capital Surpluse is -0.4. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Retractable Technologies, assuming nothing else is changed. The correlation between historical values of Retractable Technologies' Current Deferred Revenue and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Retractable Technologies are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Current Deferred Revenue i.e., Retractable Technologies' Current Deferred Revenue and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Capital Surpluse

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

To learn how to invest in Retractable Stock, please use our How to Invest in Retractable Technologies guide.As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.39, while Selling General Administrative is likely to drop slightly above 13 M.

	2021	2022	2023	2024 (projected)
Interest Expense	227.2K	170.7K	152.2K	197.8K
Depreciation And Amortization	2.5M	4.6M	7.5M	7.9M

Interest Expense Depreciation And Amortization

Retractable Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Short Term Debt
Total Assets		-0.69	0.46	0.52	0.99	0.98	0.02	-0.33	0.99	0.54	0.27	0.99	0.95	-0.72	0.86	0.68	0.47	0.99	0.98	0.23	-0.25	0.99	0.97	-0.54	0.89	-0.14
Short Long Term Debt Total	-0.69		-0.28	-0.3	-0.74	-0.66	0.21	0.38	-0.64	-0.35	-0.24	-0.65	-0.59	0.99	-0.67	-0.38	-0.8	-0.63	-0.77	-0.34	0.05	-0.62	-0.66	0.91	-0.63	0.6
Other Current Liab	0.46	-0.28		0.9	0.35	0.33	0.55	-0.54	0.36	0.72	0.52	0.36	0.55	-0.29	0.47	0.7	0.29	0.38	0.38	0.32	0.52	0.54	0.31	-0.29	0.62	-0.1
Total Current Liabilities	0.52	-0.3	0.9		0.41	0.37	0.69	-0.51	0.42	0.95	0.48	0.41	0.68	-0.34	0.44	0.91	0.47	0.43	0.47	0.15	0.14	0.62	0.33	-0.37	0.71	0.08
Total Stockholder Equity	0.99	-0.74	0.35	0.41		0.98	-0.09	-0.35	0.99	0.45	0.28	0.98	0.9	-0.77	0.88	0.58	0.47	0.98	0.98	0.23	-0.27	0.95	0.98	-0.6	0.86	-0.22
Property Plant And Equipment Net	0.98	-0.66	0.33	0.37	0.98		-0.11	-0.21	0.99	0.39	0.15	1.0	0.91	-0.69	0.82	0.55	0.38	1.0	0.96	0.22	-0.29	0.96	1.0	-0.46	0.81	-0.15
Current Deferred Revenue	0.02	0.21	0.55	0.69	-0.09	-0.11		-0.35	-0.05	0.65	0.37	-0.08	0.23	0.19	0.04	0.55	0.05	-0.06	-0.03	-0.15	0.11	0.12	-0.15	0.1	0.27	0.24
Net Debt	-0.33	0.38	-0.54	-0.51	-0.35	-0.21	-0.35		-0.3	-0.44	-0.98	-0.22	-0.32	0.34	-0.62	-0.37	-0.26	-0.21	-0.3	-0.29	-0.4	-0.31	-0.19	0.55	-0.53	0.43
Retained Earnings	0.99	-0.64	0.36	0.42	0.99	0.99	-0.05	-0.3		0.44	0.25	0.99	0.92	-0.67	0.86	0.59	0.37	0.99	0.96	0.22	-0.29	0.97	0.98	-0.48	0.85	-0.14
Accounts Payable	0.54	-0.35	0.72	0.95	0.45	0.39	0.65	-0.44	0.44		0.4	0.42	0.71	-0.4	0.41	0.96	0.59	0.45	0.52	0.06	-0.14	0.62	0.35	-0.45	0.73	0.13
Cash	0.27	-0.24	0.52	0.48	0.28	0.15	0.37	-0.98	0.25	0.4		0.16	0.27	-0.21	0.53	0.31	0.11	0.16	0.22	0.23	0.42	0.25	0.14	-0.43	0.44	-0.34
Non Current Assets Total	0.99	-0.65	0.36	0.41	0.98	1.0	-0.08	-0.22	0.99	0.42	0.16		0.92	-0.69	0.82	0.58	0.39	1.0	0.97	0.21	-0.29	0.97	1.0	-0.46	0.82	-0.14
Other Assets	0.95	-0.59	0.55	0.68	0.9	0.91	0.23	-0.32	0.92	0.71	0.27	0.92		-0.63	0.76	0.8	0.47	0.93	0.92	0.12	-0.29	0.97	0.89	-0.46	0.89	-0.06
Long Term Debt	-0.72	0.99	-0.29	-0.34	-0.77	-0.69	0.19	0.34	-0.67	-0.4	-0.21	-0.69	-0.63		-0.67	-0.45	-0.83	-0.67	-0.81	-0.28	0.12	-0.66	-0.69	0.92	-0.67	0.49
Cash And Short Term Investments	0.86	-0.67	0.47	0.44	0.88	0.82	0.04	-0.62	0.86	0.41	0.53	0.82	0.76	-0.67		0.55	0.4	0.82	0.83	0.38	0.0	0.82	0.81	-0.62	0.91	-0.33
Net Receivables	0.68	-0.38	0.7	0.91	0.58	0.55	0.55	-0.37	0.59	0.96	0.31	0.58	0.8	-0.45	0.55		0.59	0.61	0.65	0.08	-0.23	0.75	0.51	-0.42	0.84	0.18
Common Stock Shares Outstanding	0.47	-0.8	0.29	0.47	0.47	0.38	0.05	-0.26	0.37	0.59	0.11	0.39	0.47	-0.83	0.4	0.59		0.39	0.6	0.14	-0.24	0.45	0.36	-0.84	0.58	-0.3
Non Current Liabilities Total	0.99	-0.63	0.38	0.43	0.98	1.0	-0.06	-0.21	0.99	0.45	0.16	1.0	0.93	-0.67	0.82	0.61	0.39		0.96	0.21	-0.29	0.98	0.99	-0.45	0.83	-0.1
Inventory	0.98	-0.77	0.38	0.47	0.98	0.96	-0.03	-0.3	0.96	0.52	0.22	0.97	0.92	-0.81	0.83	0.65	0.6	0.96		0.21	-0.31	0.95	0.95	-0.63	0.88	-0.22
Other Current Assets	0.23	-0.34	0.32	0.15	0.23	0.22	-0.15	-0.29	0.22	0.06	0.23	0.21	0.12	-0.28	0.38	0.08	0.14	0.21	0.21		0.39	0.22	0.21	-0.26	0.29	-0.51
Other Stockholder Equity	-0.25	0.05	0.52	0.14	-0.27	-0.29	0.11	-0.4	-0.29	-0.14	0.42	-0.29	-0.29	0.12	0.0	-0.23	-0.24	-0.29	-0.31	0.39		-0.23	-0.28	0.03	-0.15	-0.39
Total Liab	0.99	-0.62	0.54	0.62	0.95	0.96	0.12	-0.31	0.97	0.62	0.25	0.97	0.97	-0.66	0.82	0.75	0.45	0.98	0.95	0.22	-0.23		0.95	-0.48	0.9	-0.07
Property Plant And Equipment Gross	0.97	-0.66	0.31	0.33	0.98	1.0	-0.15	-0.19	0.98	0.35	0.14	1.0	0.89	-0.69	0.81	0.51	0.36	0.99	0.95	0.21	-0.28	0.95		-0.45	0.78	-0.17
Preferred Stock Total Equity	-0.54	0.91	-0.29	-0.37	-0.6	-0.46	0.1	0.55	-0.48	-0.45	-0.43	-0.46	-0.46	0.92	-0.62	-0.42	-0.84	-0.45	-0.63	-0.26	0.03	-0.48	-0.45		-0.61	0.47
Total Current Assets	0.89	-0.63	0.62	0.71	0.86	0.81	0.27	-0.53	0.85	0.73	0.44	0.82	0.89	-0.67	0.91	0.84	0.58	0.83	0.88	0.29	-0.15	0.9	0.78	-0.61		-0.14
Short Term Debt	-0.14	0.6	-0.1	0.08	-0.22	-0.15	0.24	0.43	-0.14	0.13	-0.34	-0.14	-0.06	0.49	-0.33	0.18	-0.3	-0.1	-0.22	-0.51	-0.39	-0.07	-0.17	0.47	-0.14

Click cells to compare fundamentals

Retractable Technologies Account Relationship Matchups

Retractable Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	39.2M	105.0M	206.3M	195.7M	179.7M	188.7M
Short Long Term Debt Total	2.6M	3.7M	2.1M	1.8M	1.5M	1.5M
Other Current Liab	2.0M	8.9M	12.3M	5.0M	4.1M	4.1M
Total Current Liabilities	8.3M	27.9M	35.3M	12.1M	9.4M	12.0M
Total Stockholder Equity	28.5M	49.9M	99.2M	106.5M	99.3M	104.3M
Property Plant And Equipment Net	10.6M	30.8M	87.9M	100.2M	93.5M	98.2M
Current Deferred Revenue	998.6K	1.7M	2.3M	435.9K	201.5K	191.4K
Net Debt	(3.3M)	(13.8M)	(27.1M)	(17.9M)	(11.1M)	(11.7M)
Retained Earnings	(33.9M)	(9.7M)	41.2M	46.0M	38.8M	40.7M
Accounts Payable	5.0M	16.3M	20.4M	6.4M	4.8M	6.3M
Cash	5.9M	17.6M	29.2M	19.7M	12.7M	17.7M
Non Current Assets Total	10.8M	35.5M	101.8M	106.9M	102.0M	107.1M
Other Assets	56.3K	4.6M	13.9M	6.7M	7.7M	8.1M
Long Term Debt	2.4M	2.7M	1.8M	1.5M	1.2M	1.2M
Cash And Short Term Investments	13.7M	25.6M	42.4M	49.4M	47.3M	28.6M
Net Receivables	6.6M	32.9M	40.8M	17.5M	11.8M	8.7M
Common Stock Shares Outstanding	32.7M	33.3M	34.2M	33.0M	29.9M	29.7M
Liabilities And Stockholders Equity	39.2M	105.0M	206.3M	195.7M	179.7M	188.7M
Non Current Liabilities Total	2.4M	27.2M	71.8M	77.0M	71.0M	74.6M
Inventory	7.5M	10.2M	20.6M	20.7M	17.6M	18.5M
Other Current Assets	635.2K	684.3K	702.0K	1.3M	952.7K	667.2K
Other Stockholder Equity	61.7M	59.3M	52.5M	47.4M	60.3M	57.3M
Total Liab	10.6M	55.1M	107.1M	89.1M	80.4M	84.4M
Property Plant And Equipment Gross	10.6M	30.8M	115.5M	132.3M	133.2M	139.9M
Total Current Assets	28.4M	69.5M	104.5M	88.8M	77.6M	46.5M
Accumulated Other Comprehensive Income	(25.4M)	0.0	5.3M	12.9M	12.9M	13.5M
Short Term Debt	260.9K	1.0M	289.1K	286.0K	310.0K	417.8K
Property Plant Equipment	10.6M	30.9M	87.9M	100.2M	115.2M	120.9M
Non Currrent Assets Other	138.7K	44.6K	5.7K	184.5K	152.1K	84.6K
Net Tangible Assets	27.8M	49.6M	98.9M	106.3M	122.3M	128.4M
Retained Earnings Total Equity	(35.7M)	(37.0M)	(33.9M)	(9.7M)	(8.7M)	(9.1M)
Short Term Investments	7.8M	8.1M	13.3M	29.7M	34.6M	36.4M
Long Term Debt Total	2.4M	2.7M	1.8M	1.5M	1.4M	2.4M
Capital Surpluse	61.7M	59.3M	63.0M	73.2M	84.1M	67.4M
Short Long Term Debt	260.9K	1.0M	289.1K	286.0K	304.0K	419.9K

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When determining whether Retractable Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Retractable Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Retractable Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Retractable Technologies Stock:

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Retractable Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

To learn how to invest in Retractable Stock, please use our How to Invest in Retractable Technologies guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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

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Is Retractable Technologies' 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 Retractable Technologies. If investors know Retractable 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 Retractable Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.87)

Earnings Share

(0.24)

Revenue Per Share

1.456

Quarterly Revenue Growth

0.127

Return On Assets

(0.04)

The market value of Retractable Technologies is measured differently than its book value, which is the value of Retractable that is recorded on the company's balance sheet. Investors also form their own opinion of Retractable Technologies' value that differs from its market value or its book value, called intrinsic value, which is Retractable Technologies' 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 Retractable Technologies' market value can be influenced by many factors that don't directly affect Retractable Technologies' 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 Retractable Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Retractable Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Retractable Technologies' 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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Retractable Current Deferred Revenue vs Capital Surpluse Analysis

Current Deferred Revenue vs Capital Surpluse

Current Deferred Revenue vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Capital Surpluse

Retractable Technologies fundamental ratios Correlations

Retractable Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Retractable Technologies fundamental ratios Accounts

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

Complementary Tools for Retractable Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets

Cash	- 0.98	Net Debt
Preferred Stock Total Equity	- 0.84	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.83	Long Term Debt
Inventory	- 0.81	Long Term Debt
Common Stock Shares Outstanding	- 0.8	Short Long Term Debt Total
Long Term Debt	- 0.77	Total Stockholder Equity