Radiant Short Term Investments vs Common Stock Shares Outstanding Analysis

RADIANTCMS   77.67  0.71  0.92%   
Radiant Cash financial indicator trend analysis is much more than just breaking down Radiant Cash Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radiant Cash Management is a good investment. Please check the relationship between Radiant Cash Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radiant Cash Management. 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.

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radiant Cash Management Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Radiant Cash's Short Term Investments and Common Stock Shares Outstanding is -0.09. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Radiant Cash Management, assuming nothing else is changed. The correlation between historical values of Radiant Cash's Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Radiant Cash Management are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., Radiant Cash's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Radiant Cash balance sheet. It contains any investments Radiant Cash Management undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Radiant Cash Management can easily liquidate in the marketplace.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Radiant Cash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radiant Cash Management 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 Radiant Cash Management. 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.
Selling General Administrative is likely to gain to about 148.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.4B3.8B4.0B
Total Revenue2.9B3.5B3.9B3.0B

Radiant Cash fundamental ratios Correlations

0.020.870.87-0.41-0.14-0.93-0.410.50.94-0.5-0.020.96-0.68-0.82-0.07-0.22-0.320.870.990.280.11-0.2-0.520.070.05
0.02-0.4-0.40.770.710.290.77-0.52-0.270.50.55-0.20.620.450.520.710.56-0.4-0.060.930.450.890.06-0.480.27
0.87-0.41.0-0.81-0.53-0.98-0.80.620.98-0.7-0.330.95-0.94-0.98-0.37-0.6-0.641.00.9-0.11-0.18-0.6-0.470.34-0.17
0.87-0.41.0-0.8-0.53-0.98-0.790.620.98-0.7-0.320.96-0.93-0.98-0.38-0.6-0.641.00.91-0.1-0.18-0.6-0.460.35-0.16
-0.410.77-0.81-0.80.770.710.98-0.56-0.690.70.6-0.610.90.840.550.850.81-0.8-0.490.530.420.860.28-0.50.4
-0.140.71-0.53-0.530.770.380.78-0.33-0.420.610.26-0.40.710.480.930.830.6-0.52-0.220.510.860.88-0.25-0.91-0.03
-0.930.29-0.98-0.980.710.380.68-0.64-0.990.670.25-0.980.870.960.250.470.58-0.98-0.960.00.060.470.51-0.220.13
-0.410.77-0.8-0.790.980.780.68-0.46-0.670.610.55-0.60.930.820.530.90.7-0.79-0.460.540.40.870.32-0.480.35
0.5-0.520.620.62-0.56-0.33-0.64-0.460.64-0.66-0.490.57-0.51-0.6-0.32-0.17-0.690.630.56-0.39-0.13-0.54-0.170.27-0.37
0.94-0.270.980.98-0.69-0.42-0.99-0.670.64-0.67-0.240.99-0.86-0.94-0.32-0.46-0.570.980.960.02-0.11-0.49-0.460.3-0.1
-0.50.5-0.7-0.70.70.610.670.61-0.66-0.670.09-0.660.630.730.50.570.88-0.7-0.610.20.560.5-0.17-0.5-0.07
-0.020.55-0.33-0.320.60.260.250.55-0.49-0.240.09-0.090.380.320.20.210.49-0.33-0.030.61-0.110.550.5-0.090.92
0.96-0.20.950.96-0.61-0.4-0.98-0.60.570.99-0.66-0.09-0.83-0.91-0.3-0.44-0.490.960.980.1-0.13-0.42-0.410.30.06
-0.680.62-0.94-0.930.90.710.870.93-0.51-0.860.630.38-0.830.930.50.810.59-0.93-0.720.350.320.80.42-0.470.15
-0.820.45-0.98-0.980.840.480.960.82-0.6-0.940.730.32-0.910.930.270.660.67-0.97-0.860.150.130.580.49-0.240.19
-0.070.52-0.37-0.380.550.930.250.53-0.32-0.320.50.2-0.30.50.270.560.5-0.38-0.140.360.890.75-0.41-0.99-0.09
-0.220.71-0.6-0.60.850.830.470.9-0.17-0.460.570.21-0.440.810.660.560.55-0.59-0.290.460.590.790.03-0.550.0
-0.320.56-0.64-0.640.810.60.580.7-0.69-0.570.880.49-0.490.590.670.50.55-0.64-0.430.330.480.57-0.05-0.450.38
0.87-0.41.01.0-0.8-0.52-0.98-0.790.630.98-0.7-0.330.96-0.93-0.97-0.38-0.59-0.640.91-0.1-0.18-0.6-0.470.35-0.17
0.99-0.060.90.91-0.49-0.22-0.96-0.460.560.96-0.61-0.030.98-0.72-0.86-0.14-0.29-0.430.910.220.02-0.26-0.450.140.06
0.280.93-0.11-0.10.530.510.00.54-0.390.020.20.610.10.350.150.360.460.33-0.10.220.270.750.08-0.320.37
0.110.45-0.18-0.180.420.860.060.4-0.13-0.110.56-0.11-0.130.320.130.890.590.48-0.180.020.270.57-0.69-0.92-0.34
-0.20.89-0.6-0.60.860.880.470.87-0.54-0.490.50.55-0.420.80.580.750.790.57-0.6-0.260.750.570.09-0.70.26
-0.520.06-0.47-0.460.28-0.250.510.32-0.17-0.46-0.170.5-0.410.420.49-0.410.03-0.05-0.47-0.450.08-0.690.090.470.52
0.07-0.480.340.35-0.5-0.91-0.22-0.480.270.3-0.5-0.090.3-0.47-0.24-0.99-0.55-0.450.350.14-0.32-0.92-0.70.470.19
0.050.27-0.17-0.160.4-0.030.130.35-0.37-0.1-0.070.920.060.150.19-0.090.00.38-0.170.060.37-0.340.260.520.19
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Radiant Cash Account Relationship Matchups

Radiant Cash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.9B2.8B3.1B2.5B
Short Long Term Debt Total212.0M139.9M287.5M287.4M327.0M256.4M
Other Current Liab149.3M36.4M203.3M192.5M267.7M419.7M
Total Current Liabilities364.0M318.3M487.5M480.4M555.2M630.3M
Total Stockholder Equity1.2B1.3B1.4B2.3B2.5B1.6B
Property Plant And Equipment Net67.5M102.1M131.8M145.9M357.5M375.4M
Net Debt(167.3M)(397.9M)(414.5M)(692.2M)(974.1M)(1.0B)
Retained Earnings547.1M870.5M1.0B1.4B1.6B954.8M
Accounts Payable14.4M31.0M14.1M8.2M17.0M12.9M
Cash379.2M537.8M702.1M979.6M1.3B790.8M
Non Current Assets Total428.8M179.2M213.1M261.9M593.3M364.9M
Non Currrent Assets Other160.6M19.8M129.3M767.5M136.3M205.4M
Cash And Short Term Investments379.2M537.8M702.1M1.7B1.4B907.6M
Net Receivables624.6M709.0M786.0M716.5M804.9M718.3M
Liabilities And Stockholders Equity1.6B1.6B1.9B2.8B3.1B2.5B
Other Current Assets94.8M203.7M205.3M173.2M369.6M192.7M
Other Stockholder Equity592.2M343.1M254.6M748.4M860.6M581.8M
Total Liab380.5M350.5M508.1M489.2M612.8M646.3M
Total Current Assets1.1B1.4B1.7B2.5B2.6B2.1B
Short Term Debt196.0M107.7M266.9M278.6M270.6M228.9M
Intangible Assets14.7M16.1M9.3M6.4M79.2M83.2M
Current Deferred Revenue109.4M122.8M140.3M158.4M1.00.95
Short Term Investments127.2M136.2M90.6M756.3M105.5M100.2M
Non Current Liabilities Total16.5M32.2M20.6M8.8M57.7M60.5M
Inventory127.2M136.2M90.6M(14.4M)8.6M8.2M

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