Rural Intangible Assets vs Long Term Debt Analysis

RFF Stock   1.77  0.02  1.14%   
Rural Funds financial indicator trend analysis is much more than just breaking down Rural Funds Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rural Funds Group is a good investment. Please check the relationship between Rural Funds Intangible Assets and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rural Funds Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Long Term Debt

Intangible Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rural Funds Group Intangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rural Funds' Intangible Assets and Long Term Debt is 0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Rural Funds Group, assuming nothing else is changed. The correlation between historical values of Rural Funds' Intangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Rural Funds Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., Rural Funds' Intangible Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Long Term Debt

Long-term debt is a debt that Rural Funds Group has held for over one year. Long-term debt appears on Rural Funds Group 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 Rural Funds Group 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.
Most indicators from Rural Funds' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rural Funds Group 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 Rural Funds Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Rural Funds' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.3 M in 2024, whereas Discontinued Operations is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income46.6M41.6M112.5M118.1M
Total Revenue85.3M98.1M112.5M118.1M

Rural Funds fundamental ratios Correlations

1.00.860.850.52-0.10.990.990.970.820.980.980.710.670.980.990.630.630.780.850.970.720.380.250.790.71
1.00.840.840.54-0.040.980.980.970.860.970.970.660.620.960.990.670.660.80.870.950.680.310.270.770.66
0.860.840.790.51-0.280.870.880.750.580.90.890.760.640.890.880.550.550.540.580.890.620.460.090.780.76
0.850.840.790.33-0.260.860.860.840.650.830.870.680.740.870.870.370.420.650.660.870.70.42-0.030.790.68
0.520.540.510.330.080.480.480.480.570.490.480.250.120.470.520.60.940.630.550.480.24-0.050.240.390.3
-0.1-0.04-0.28-0.260.08-0.2-0.2-0.120.36-0.18-0.24-0.75-0.75-0.24-0.180.570.110.270.28-0.29-0.64-0.920.32-0.31-0.75
0.990.980.870.860.48-0.21.00.960.760.980.990.770.740.990.990.560.590.720.80.990.770.470.230.80.77
0.990.980.880.860.48-0.21.00.960.760.980.990.770.740.990.990.560.60.720.80.990.780.460.210.810.77
0.970.970.750.840.48-0.120.960.960.810.930.950.690.70.950.970.540.580.80.860.940.760.390.230.780.68
0.820.860.580.650.570.360.760.760.810.740.720.250.260.720.780.740.710.960.970.690.33-0.130.430.490.25
0.980.970.90.830.49-0.180.980.980.930.740.980.760.690.980.990.620.580.670.750.980.720.450.150.830.76
0.980.970.890.870.48-0.240.990.990.950.720.980.80.761.00.990.550.570.690.761.00.80.50.140.850.8
0.710.660.760.680.25-0.750.770.770.690.250.760.80.950.80.760.020.30.280.330.830.930.91-0.050.721.0
0.670.620.640.740.12-0.750.740.740.70.260.690.760.950.760.72-0.130.190.320.360.790.940.89-0.050.670.93
0.980.960.890.870.47-0.240.990.990.950.720.981.00.80.760.990.540.560.680.751.00.80.510.130.850.8
0.990.990.880.870.52-0.180.990.990.970.780.990.990.760.720.990.590.610.740.80.990.760.440.170.840.76
0.630.670.550.370.60.570.560.560.540.740.620.550.02-0.130.540.590.640.620.660.510.01-0.360.240.450.04
0.630.660.550.420.940.110.590.60.580.710.580.570.30.190.560.610.640.720.690.560.29-0.040.440.360.34
0.780.80.540.650.630.270.720.720.80.960.670.690.280.320.680.740.620.720.950.670.4-0.070.360.510.29
0.850.870.580.660.550.280.80.80.860.970.750.760.330.360.750.80.660.690.950.740.42-0.040.510.470.32
0.970.950.890.870.48-0.290.990.990.940.690.981.00.830.791.00.990.510.560.670.740.830.550.110.860.83
0.720.680.620.70.24-0.640.770.780.760.330.720.80.930.940.80.760.010.290.40.420.830.84-0.070.750.93
0.380.310.460.42-0.05-0.920.470.460.39-0.130.450.50.910.890.510.44-0.36-0.04-0.07-0.040.550.84-0.240.520.9
0.250.270.09-0.030.240.320.230.210.230.430.150.14-0.05-0.050.130.170.240.440.360.510.11-0.07-0.24-0.37-0.07
0.790.770.780.790.39-0.310.80.810.780.490.830.850.720.670.850.840.450.360.510.470.860.750.52-0.370.74
0.710.660.760.680.3-0.750.770.770.680.250.760.81.00.930.80.760.040.340.290.320.830.930.9-0.070.74
Click cells to compare fundamentals

Rural Funds Account Relationship Matchups

Rural Funds fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets919.6M1.0B1.4B1.7B1.9B2.0B
Total Stockholder Equity558.0M648.5M917.0M993.2M1.1B1.1B
Other Liab9.7M11.9M10.8M17.4M20.1M21.1M
Accounts Payable725K1.6M2.1M3.9M4.3M4.5M
Cash5.1M11.6M5.0M5.8M7.2M4.4M
Other Assets104.3M48.5M105.0M108.6M(87.3M)(83.0M)
Long Term Debt297.2M344.1M455.1M607.5M751.7M789.3M
Total Liab361.6M397.2M489.7M680.3M829.9M871.4M
Intangible Assets106.6M110.4M157.7M167.0M201.7M211.8M
Common Stock360.6M385.1M471.8M465.9M424.5M258.8M
Retained Earnings138.0M215.1M395.8M457.0M546.7M574.0M
Short Long Term Debt Total301.1M346.6M457.8M640.6M787.7M827.1M
Total Current Liabilities1.2M1.4M2.1M2.1M55.9M58.7M
Property Plant And Equipment Net156.7M169.5M207.0M244.7M1.5B1.6B
Net Debt296.0M335.0M452.9M634.9M780.5M819.5M
Non Current Assets Total810.2M985.6M1.3B1.6B1.9B2.0B
Non Currrent Assets Other444.2M593.0M798.3M1.0B152.1M257.1M
Cash And Short Term Investments5.1M11.6M5.0M5.8M7.2M4.6M
Common Stock Shares Outstanding337.8M340.8M378.2M383.8M386.9M275.8M
Liabilities And Stockholders Equity919.6M1.0B1.4B1.7B1.9B2.0B
Non Current Liabilities Total325.2M362.2M455.1M607.5M829.9M871.4M
Other Current Assets(12.7M)(18.5M)(13.8M)(20.5M)51.7M54.3M
Other Stockholder Equity59.4M48.3M(1.0)4.2M(6.9M)(6.6M)
Property Plant And Equipment Gross156.7M176.2M276.9M401.2M462.9M486.0M
Total Current Assets5.1M11.6M5.0M5.8M94.6M99.3M
Accumulated Other Comprehensive Income59.4M48.3M49.4M70.3M107.0M112.3M
Other Current Liab17.4M15.2M15.4M14.9M15.1M12.8M
Net Receivables7.6M6.8M8.4M12.9M20.5M21.6M
Long Term Investments100.2M107.2M97.7M102.5M112.9M67.6M
Short Long Term Debt3.8M2.5M2.7M33.2M36.0M20.5M
Short Term Debt3.8M2.5M2.7M33.2M36.0M37.8M
Long Term Debt Total297.2M344.1M455.1M607.5M698.6M733.5M
Property Plant Equipment701.8M875.2M1.1B171.2M196.9M187.1M
Net Tangible Assets440.4M525.1M759.3M830.4M954.9M497.1M
Non Current Liabilities Other2.6M3.9M4.4M3.2M3.7M3.2M
Net Invested Capital859.0M995.1M1.4B1.6B1.9B1.2B
Net Working Capital54.6M7.4M2.8M(18.4M)38.7M40.6M

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Additional Tools for Rural Stock Analysis

When running Rural Funds' price analysis, check to measure Rural Funds' 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 Rural Funds is operating at the current time. Most of Rural Funds' value examination focuses on studying past and present price action to predict the probability of Rural Funds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rural Funds' price. Additionally, you may evaluate how the addition of Rural Funds to your portfolios can decrease your overall portfolio volatility.