RCMT Stock | | | USD 23.13 0.04 0.17% |
RCM Technologies financial indicator trend analysis is much more than just breaking down RCM Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RCM Technologies is a good investment. Please check the relationship between RCM Technologies Total Assets and its Total Stockholder Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in RCM 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 population.
For more information on how to buy RCM Stock please use our
How to Invest in RCM Technologies guide.
Total Assets vs Total Stockholder Equity
Total Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
RCM Technologies Total Assets account and
Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between RCM Technologies' Total Assets and Total Stockholder Equity is 0.42. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of RCM Technologies, assuming nothing else is changed. The correlation between historical values of RCM Technologies' Total Assets and Total 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 Total Assets of RCM Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., RCM Technologies' Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of RCM Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in RCM Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from RCM Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RCM 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 RCM 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 population.
For more information on how to buy RCM Stock please use our
How to Invest in RCM Technologies guide.At this time, RCM Technologies'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 4.40 in 2024, whereas
Selling General Administrative is likely to drop slightly above 38.5
M in 2024.
RCM Technologies fundamental ratios Correlations
Click cells to compare fundamentals
RCM Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RCM Technologies fundamental ratios Accounts
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Additional Tools for RCM Stock Analysis
When running RCM Technologies' price analysis, check to
measure RCM 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 RCM Technologies is operating at the current time. Most of RCM Technologies' value examination focuses on studying past and present price action to
predict the probability of RCM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RCM Technologies' price. Additionally, you may evaluate how the addition of RCM Technologies to your portfolios can decrease your overall portfolio volatility.