ReTo Net Invested Capital vs Net Receivables Analysis
RETO Stock | USD 0.92 0.06 6.12% |
ReTo Eco financial indicator trend analysis is much more than just breaking down ReTo Eco Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ReTo Eco Solutions is a good investment. Please check the relationship between ReTo Eco Net Invested Capital and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Invested Capital vs Net Receivables
Net Invested Capital vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ReTo Eco Solutions Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ReTo Eco's Net Invested Capital and Net Receivables is 0.5. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ReTo Eco Solutions, assuming nothing else is changed. The correlation between historical values of ReTo Eco's Net Invested Capital and Net Receivables 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 Invested Capital of ReTo Eco Solutions are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., ReTo Eco's Net Invested Capital and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Receivables
Most indicators from ReTo Eco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ReTo Eco Solutions 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 ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, ReTo Eco's Issuance Of Capital Stock is very stable compared to the past year. As of the 7th of December 2024, Sales General And Administrative To Revenue is likely to grow to 3.05, though Tax Provision is likely to grow to (15.8 K).
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.1M | 924.4K | 1.1M | Interest Income | 3.2K | 25.2K | 23.9K |
ReTo Eco fundamental ratios Correlations
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ReTo Eco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ReTo Eco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.8M | 58.0M | 31.0M | 24.1M | 25.2M | 42.8M | |
Short Long Term Debt Total | 17.5M | 16.2M | 5.9M | 7.9M | 9.8M | 11.8M | |
Other Current Liab | 9.1M | 8.6M | 3.9M | 3.8M | 3.2M | 4.2M | |
Total Current Liabilities | 25.2M | 23.0M | 16.8M | 17.7M | 17.3M | 17.6M | |
Total Stockholder Equity | 36.1M | 27.3M | 13.6M | 4.2M | 4.4M | 4.1M | |
Net Tangible Assets | 44.5M | 30.0M | 20.9M | (630.7K) | (725.3K) | (689.0K) | |
Property Plant And Equipment Net | 38.0M | 35.5M | 10.0M | 9.1M | 8.0M | 7.6M | |
Net Debt | 16.7M | 15.1M | 5.4M | 7.8M | 8.4M | 10.1M | |
Retained Earnings | (5.7M) | (17.2M) | (33.3M) | (47.8M) | (63.5M) | (60.3M) | |
Accounts Payable | 2.6M | 502.0K | 2.1M | 2.6M | 3.0M | 2.4M | |
Cash | 897.3K | 1.1M | 457.5K | 113.9K | 1.4M | 1.6M | |
Non Current Assets Total | 45.3M | 44.7M | 17.9M | 16.5M | 14.8M | 28.3M | |
Non Currrent Assets Other | 1.2M | 2.8B | 2.8B | (16.5M) | 4.4M | 4.2M | |
Other Assets | 296.5K | 6.1M | 1.2M | 2.0 | 2.3 | 2.18 | |
Long Term Debt | 8.1M | 7.3M | 6.3M | 1.2M | 3.0M | 5.0M | |
Cash And Short Term Investments | 897.3K | 1.1M | 457.5K | 113.9K | 1.4M | 1.6M | |
Net Receivables | 11.9M | 3.9M | 8.0M | 2.8M | 1.8M | 1.7M | |
Common Stock Shares Outstanding | 2.3M | 241.2K | 261.6K | 388.0K | 804.6K | 764.3K | |
Liabilities And Stockholders Equity | 70.8M | 58.0M | 31.0M | 24.1M | 25.2M | 42.8M | |
Non Current Liabilities Total | 7.6M | 7.0M | 120.6K | 1.3M | 3.1M | 4.6M | |
Inventory | 888.2K | 730.2K | 463.7K | 337.8K | 136.2K | 129.4K | |
Other Current Assets | 11.8M | 2.9M | 4.1M | 4.2M | 7.1M | 4.2M | |
Other Stockholder Equity | 42.7M | 43.7M | 46.8M | 53.3M | 68.9M | 44.0M | |
Total Liab | 32.8M | 30.0M | 16.9M | 19.0M | 20.4M | 22.2M | |
Short Long Term Debt | 9.7M | 9.6M | 5.6M | 6.3M | 6.7M | 8.5M | |
Total Current Assets | 25.5M | 13.3M | 13.0M | 7.5M | 10.5M | 14.5M | |
Accumulated Other Comprehensive Income | (894.6K) | 787.3K | 95.0K | (1.3M) | (1.2M) | (1.1M) | |
Short Term Debt | 9.9M | 8.0M | 5.7M | 6.6M | 6.8M | 7.0M | |
Intangible Assets | 6.1M | 6.4M | 4.1M | 4.9M | 4.4M | 4.8M | |
Common Stock | 23.2K | 24.1K | 29.0K | 43.4K | 120.5K | 126.5K | |
Property Plant Equipment | 40.0M | 38.0M | 35.5M | 9.1M | 8.2M | 7.8M | |
Current Deferred Revenue | 3.6M | 4.2M | 2.1M | 2.6M | 2.1M | 3.6M | |
Property Plant And Equipment Gross | 38.0M | 35.5M | 20.8M | 19.6M | 18.8M | 24.6M | |
Net Invested Capital | 53.2M | 43.1M | 19.1M | 11.7M | 14.0M | 13.3M | |
Net Working Capital | 248.5K | (9.7M) | (3.7M) | (10.1M) | (6.8M) | (6.5M) | |
Capital Stock | 23.2K | 24.1K | 29.0K | 43.4K | 120.5K | 126.5K |
Pair Trading with ReTo Eco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ReTo Eco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ReTo Eco will appreciate offsetting losses from the drop in the long position's value.Moving against ReTo Stock
0.9 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
0.88 | USLM | United States Lime | PairCorr |
0.87 | CRH | CRH PLC ADR | PairCorr |
0.87 | KNF | Knife River | PairCorr |
0.86 | SUM | Summit Materials Sell-off Trend | PairCorr |
The ability to find closely correlated positions to ReTo Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ReTo Eco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ReTo Eco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ReTo Eco Solutions to buy it.
The correlation of ReTo Eco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ReTo Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ReTo Eco Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ReTo Eco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReTo Eco. If investors know ReTo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReTo Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1 | Revenue Per Share 2.016 | Quarterly Revenue Growth 0.49 | Return On Assets (0.12) | Return On Equity (0.79) |
The market value of ReTo Eco Solutions is measured differently than its book value, which is the value of ReTo that is recorded on the company's balance sheet. Investors also form their own opinion of ReTo Eco's value that differs from its market value or its book value, called intrinsic value, which is ReTo Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReTo Eco's market value can be influenced by many factors that don't directly affect ReTo Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReTo Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReTo Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReTo Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.