Risesun Long Term Debt vs Other Current Assets Analysis

002146 Stock   1.79  0.01  0.56%   
Risesun Real financial indicator trend analysis is much more than just breaking down Risesun Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Risesun Real Estate is a good investment. Please check the relationship between Risesun Real Long Term Debt and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Risesun Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Risesun Real Estate Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Risesun Real's Long Term Debt and Other Current Assets is 0.56. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Risesun Real Estate, assuming nothing else is changed. The correlation between historical values of Risesun Real's Long Term Debt and Other Current Assets 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 Risesun Real Estate are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., Risesun Real's Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Risesun Real Estate has held for over one year. Long-term debt appears on Risesun Real Estate 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 Risesun Real Estate 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 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.
Most indicators from Risesun Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Risesun Real Estate 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Risesun Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 1.5 B, whereas Selling General Administrative is forecasted to decline to about 539 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.0B2.3B2.0B2.1B
Depreciation And Amortization999.3M250.4M789.1M828.6M

Risesun Real fundamental ratios Correlations

0.930.450.990.94-0.530.880.70.930.860.870.770.88-0.190.820.770.970.780.871.00.88-0.411.01.00.90.85
0.930.60.870.96-0.520.690.470.940.890.730.910.72-0.20.960.910.950.820.970.910.7-0.310.910.940.920.89
0.450.60.420.48-0.260.18-0.260.460.410.130.70.19-0.260.530.70.550.480.490.40.180.060.440.460.690.48
0.990.870.420.89-0.510.910.740.910.790.880.680.91-0.20.730.690.950.750.790.990.91-0.40.990.980.890.82
0.940.960.480.89-0.480.750.570.890.970.790.90.77-0.10.90.90.910.760.920.930.75-0.460.920.950.890.82
-0.53-0.52-0.26-0.51-0.48-0.51-0.41-0.48-0.38-0.49-0.46-0.540.78-0.54-0.47-0.51-0.22-0.55-0.51-0.510.18-0.53-0.53-0.4-0.56
0.880.690.180.910.75-0.510.890.760.660.970.451.0-0.250.560.460.810.650.620.891.0-0.430.890.860.720.67
0.70.47-0.260.740.57-0.410.890.60.50.890.190.89-0.120.390.190.60.460.470.730.89-0.440.710.690.420.49
0.930.940.460.910.89-0.480.760.60.760.790.720.79-0.220.870.730.970.850.90.930.77-0.250.930.940.880.94
0.860.890.410.790.97-0.380.660.50.760.710.90.680.040.840.90.790.650.860.840.66-0.530.830.860.810.65
0.870.730.130.880.79-0.490.970.890.790.710.480.98-0.250.620.490.80.660.670.880.97-0.540.870.860.730.7
0.770.910.70.680.9-0.460.450.190.720.90.480.48-0.110.911.00.780.640.890.730.45-0.310.740.790.810.69
0.880.720.190.910.77-0.541.00.890.790.680.980.48-0.290.590.480.820.660.660.890.99-0.440.890.870.730.69
-0.19-0.2-0.26-0.2-0.10.78-0.25-0.12-0.220.04-0.25-0.11-0.29-0.19-0.11-0.21-0.02-0.18-0.18-0.270.14-0.21-0.18-0.21-0.32
0.820.960.530.730.9-0.540.560.390.870.840.620.910.59-0.190.910.870.760.990.790.56-0.260.80.840.770.84
0.770.910.70.690.9-0.470.460.190.730.90.491.00.48-0.110.910.780.640.890.740.46-0.310.740.790.810.69
0.970.950.550.950.91-0.510.810.60.970.790.80.780.82-0.210.870.780.840.90.960.82-0.250.970.970.90.9
0.780.820.480.750.76-0.220.650.460.850.650.660.640.66-0.020.760.640.840.770.770.65-0.160.780.790.780.87
0.870.970.490.790.92-0.550.620.470.90.860.670.890.66-0.180.990.890.90.770.840.63-0.280.850.880.780.86
1.00.910.40.990.93-0.510.890.730.930.840.880.730.89-0.180.790.740.960.770.840.9-0.431.01.00.890.84
0.880.70.180.910.75-0.511.00.890.770.660.970.450.99-0.270.560.460.820.650.630.9-0.460.890.870.730.68
-0.41-0.310.06-0.4-0.460.18-0.43-0.44-0.25-0.53-0.54-0.31-0.440.14-0.26-0.31-0.25-0.16-0.28-0.43-0.46-0.39-0.4-0.31-0.16
1.00.910.440.990.92-0.530.890.710.930.830.870.740.89-0.210.80.740.970.780.851.00.89-0.391.00.890.85
1.00.940.460.980.95-0.530.860.690.940.860.860.790.87-0.180.840.790.970.790.881.00.87-0.41.00.910.85
0.90.920.690.890.89-0.40.720.420.880.810.730.810.73-0.210.770.810.90.780.780.890.73-0.310.890.910.82
0.850.890.480.820.82-0.560.670.490.940.650.70.690.69-0.320.840.690.90.870.860.840.68-0.160.850.850.82
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Risesun Real Account Relationship Matchups

Risesun Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets254.6B288.6B292.8B249.6B205.9B121.8B
Short Long Term Debt Total66.0B69.5B58.7B44.1B44.1B31.5B
Other Current Liab89.0B11.7B10.8B46.7B6.3B6.0B
Total Current Liabilities177.6B187.8B213.0B204.4B151.7B83.1B
Total Stockholder Equity40.9B46.3B39.8B23.3B23.6B18.3B
Other Liab1.5B1.2B1.6B1.8B2.0B1.9B
Property Plant And Equipment Net6.6B7.3B9.7B8.3B7.4B7.7B
Current Deferred Revenue27.7B120.5B144.1B104.5B99.2B104.1B
Net Debt35.6B37.9B39.0B34.9B38.8B20.2B
Retained Earnings26.1B31.4B25.0B8.4B8.8B10.0B
Accounts Payable26.0B33.5B32.0B28.0B28.8B30.2B
Cash30.4B31.6B19.7B9.2B5.2B5.0B
Non Current Assets Total20.1B21.9B28.0B22.8B22.0B23.1B
Other Assets1.7B1.03.3B4.6B1.151.09
Long Term Debt31.1B45.3B28.4B16.6B24.2B17.3B
Cash And Short Term Investments30.4B31.6B20.0B9.4B5.4B5.1B
Net Receivables31.9B34.1B36.2B33.7B30.2B17.4B
Common Stock Shares Outstanding4.4B4.3B4.3B4.3B4.3B4.0B
Liabilities And Stockholders Equity254.6B288.6B292.8B249.6B205.9B121.8B
Non Current Liabilities Total32.3B49.0B34.4B20.1B27.8B18.6B
Inventory160.9B187.6B192.6B168.2B135.9B78.6B
Other Current Assets11.3B13.4B16.0B15.5B12.4B13.1B
Other Stockholder Equity(21.3B)(27.0B)4.3B(4.0B)(4.5B)(4.3B)
Total Liab209.9B236.8B247.4B224.5B179.5B101.7B
Total Current Assets234.5B266.7B264.8B226.8B183.9B112.8B
Short Term Debt34.8B22.1B26.0B25.2B17.4B13.7B
Property Plant Equipment5.8B6.6B7.3B9.7B11.1B11.7B
Non Currrent Assets Other3.4B3.1B6.4B5.1B4.9B5.2B
Intangible Assets1.2B1.3B1.7B1.5B1.5B1.5B
Good Will163.7M162.0M157.4M153.4M155.6M118.6M
Short Term Investments(1.2B)(1.5B)326.2M199.3M149.7M157.2M
Net Tangible Assets32.4B39.5B44.9B38.0B43.7B35.4B
Deferred Long Term Liab259.1M261.7M283.0M419.4M482.3M506.4M
Short Long Term Debt4.1B2.0B813.0M461.9M69.6M66.1M
Net Invested Capital76.1B93.6B69.0B40.4B47.8B55.0B
Net Working Capital57.0B78.9B51.8B22.4B32.2B40.9B

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Other Information on Investing in Risesun Stock

Balance Sheet is a snapshot of the financial position of Risesun Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Risesun Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Risesun Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Risesun currently owns. An asset can also be divided into two categories, current and non-current.