Retractable Long Term Debt vs Other Stockholder Equity Analysis

RVP Stock

USD 1.13 0.05 4.63%

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 Long Term Debt and its Other Stockholder Equity 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 closely tied 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.

Long Term Debt vs Other Stockholder Equity

Long Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Retractable Technologies Long Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Retractable Technologies' Long Term Debt and Other Stockholder Equity is 0.12. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity 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' Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Retractable Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Retractable Technologies' Long Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Retractable Technologies has held for over one year. Long-term debt appears on Retractable Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Retractable Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Stockholder Equity

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 closely tied 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 06/07/2024, 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

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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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Retractable Long Term Debt vs Other Stockholder Equity Analysis

Long Term Debt vs Other Stockholder Equity

Long Term Debt vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Long Term Debt

Other Stockholder Equity

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!

Additional 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