Retractable Other Current Assets vs Other Current Liab Analysis
RVP Stock | USD 1.16 0.02 1.75% |
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 Other Current Assets and its Other Current Liab 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.
Other Current Assets vs Other Current Liab
Other Current Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Retractable Technologies Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Retractable Technologies' Other Current Assets and Other Current Liab is 0.32. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab 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' Other Current Assets 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 Other Current Assets of Retractable Technologies 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 Other Current Assets i.e., Retractable Technologies' Other Current Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Other Current Liab
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 06/14/2024, 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 |
Retractable Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Retractable Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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