Reddit, Net Receivables vs Cash Analysis
RDDT Stock | 140.04 4.43 3.27% |
Reddit, financial indicator trend analysis is much more than just breaking down Reddit, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reddit, is a good investment. Please check the relationship between Reddit, Net Receivables and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reddit, Net Receivables account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Reddit,'s Net Receivables and Cash is 0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Reddit,, assuming nothing else is changed. The correlation between historical values of Reddit,'s Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Reddit, are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Reddit,'s Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Cash
Cash refers to the most liquid asset of Reddit,, which is listed under current asset account on Reddit, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Reddit, customers. The amounts must be unrestricted with restricted cash listed in a different Reddit, account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Reddit,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reddit, 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 Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.At this time, Reddit,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 136.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.8M | 8M | 13.7M | 7.3M | Tax Provision | 340K | 622K | 3.8M | 4.0M |
Reddit, fundamental ratios Correlations
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Reddit, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Reddit, Stock Analysis
When running Reddit,'s price analysis, check to measure Reddit,'s 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 Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.