RFIL Total Stockholder Equity vs Total Current Liabilities Analysis

RFIL Stock

USD 4.19 0.04 0.95%

RF Industries financial indicator trend analysis is much more than just breaking down RF Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RF Industries is a good investment. Please check the relationship between RF Industries Total Stockholder Equity and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RF Industries Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between RF Industries' Total Stockholder Equity and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of RF Industries, assuming nothing else is changed. The correlation between historical values of RF Industries' Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of RF Industries are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., RF Industries' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Total Current Liabilities

Total Current Liabilities is an item on RF Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RF Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from RF Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RF Industries 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 RF Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.At this time, RF Industries' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 57 M this year, although the value of Discontinued Operations is projected to rise to (153.9 K).

	2021	2023	2024 (projected)
Interest Expense	601K	691.2K	661.3K
Depreciation And Amortization	1.7M	2.8M	2.9M

Interest Expense Depreciation And Amortization

RF Industries fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Other Assets
Total Assets		0.83	0.96	0.92	0.95	0.87	0.72	0.89	-0.17	0.95	0.82	-0.16	0.82	0.41	0.71	0.95	1.0	0.75	0.78	0.97	0.93	0.88	0.51	0.94	0.9	-0.62
Other Current Liab	0.83		0.91	0.81	0.71	0.67	0.65	0.94	-0.17	0.72	0.51	-0.17	0.91	0.48	0.7	0.71	0.85	0.75	0.72	0.78	0.67	0.84	0.55	0.7	0.78	-0.33
Total Current Liabilities	0.96	0.91		0.87	0.87	0.83	0.74	0.97	-0.22	0.88	0.65	-0.21	0.88	0.41	0.69	0.88	0.97	0.87	0.7	0.94	0.83	0.89	0.5	0.88	0.89	-0.43
Total Stockholder Equity	0.92	0.81	0.87		0.77	0.62	0.8	0.85	0.17	0.79	0.68	0.18	0.86	0.61	0.84	0.76	0.89	0.66	0.89	0.81	0.76	0.97	0.69	0.76	0.76	-0.52
Property Plant And Equipment Net	0.95	0.71	0.87	0.77		0.97	0.55	0.77	-0.38	0.99	0.92	-0.37	0.67	0.2	0.55	1.0	0.96	0.64	0.63	0.99	1.0	0.71	0.32	0.99	0.89	-0.73
Net Debt	0.87	0.67	0.83	0.62	0.97		0.43	0.73	-0.59	0.96	0.85	-0.58	0.6	0.06	0.4	0.97	0.9	0.65	0.48	0.96	0.96	0.56	0.18	0.97	0.87	-0.65
Retained Earnings	0.72	0.65	0.74	0.8	0.55	0.43		0.77	0.19	0.55	0.42	0.18	0.78	0.63	0.76	0.55	0.7	0.69	0.53	0.62	0.52	0.85	0.68	0.54	0.49	-0.36
Accounts Payable	0.89	0.94	0.97	0.85	0.77	0.73	0.77		-0.18	0.77	0.53	-0.18	0.94	0.44	0.69	0.78	0.91	0.89	0.66	0.85	0.72	0.9	0.52	0.77	0.79	-0.31
Cash	-0.17	-0.17	-0.22	0.17	-0.38	-0.59	0.19	-0.18		-0.38	-0.28	1.0	-0.04	0.42	0.27	-0.39	-0.24	-0.27	0.24	-0.36	-0.37	0.22	0.36	-0.39	-0.29	0.18
Non Current Assets Total	0.95	0.72	0.88	0.79	0.99	0.96	0.55	0.77	-0.38		0.9	-0.37	0.67	0.24	0.56	0.99	0.96	0.64	0.67	0.98	0.99	0.71	0.35	0.99	0.91	-0.71
Non Currrent Assets Other	0.82	0.51	0.65	0.68	0.92	0.85	0.42	0.53	-0.28	0.9		-0.27	0.51	0.11	0.46	0.89	0.82	0.32	0.56	0.84	0.95	0.57	0.21	0.89	0.7	-0.91
Cash And Short Term Investments	-0.16	-0.17	-0.21	0.18	-0.37	-0.58	0.18	-0.18	1.0	-0.37	-0.27		-0.04	0.39	0.25	-0.38	-0.23	-0.27	0.23	-0.35	-0.36	0.22	0.33	-0.38	-0.29	0.17
Net Receivables	0.82	0.91	0.88	0.86	0.67	0.6	0.78	0.94	-0.04	0.67	0.51	-0.04		0.47	0.71	0.66	0.83	0.76	0.65	0.74	0.64	0.91	0.54	0.66	0.66	-0.35
Common Stock Total Equity	0.41	0.48	0.41	0.61	0.2	0.06	0.63	0.44	0.42	0.24	0.11	0.39	0.47		0.9	0.19	0.37	0.32	0.71	0.26	0.18	0.59	0.99	0.21	0.38	-0.04
Common Stock Shares Outstanding	0.71	0.7	0.69	0.84	0.55	0.4	0.76	0.69	0.27	0.56	0.46	0.25	0.71	0.9		0.53	0.68	0.49	0.83	0.59	0.53	0.82	0.94	0.54	0.62	-0.34
Non Current Liabilities Total	0.95	0.71	0.88	0.76	1.0	0.97	0.55	0.78	-0.39	0.99	0.89	-0.38	0.66	0.19	0.53		0.96	0.66	0.61	0.99	0.99	0.7	0.31	1.0	0.91	-0.7
Inventory	1.0	0.85	0.97	0.89	0.96	0.9	0.7	0.91	-0.24	0.96	0.82	-0.23	0.83	0.37	0.68	0.96		0.76	0.74	0.98	0.94	0.86	0.47	0.95	0.91	-0.61
Other Current Assets	0.75	0.75	0.87	0.66	0.64	0.65	0.69	0.89	-0.27	0.64	0.32	-0.27	0.76	0.32	0.49	0.66	0.76		0.46	0.74	0.57	0.72	0.39	0.65	0.67	-0.12
Other Stockholder Equity	0.78	0.72	0.7	0.89	0.63	0.48	0.53	0.66	0.24	0.67	0.56	0.23	0.65	0.71	0.83	0.61	0.74	0.46		0.65	0.63	0.8	0.76	0.63	0.73	-0.39
Total Liab	0.97	0.78	0.94	0.81	0.99	0.96	0.62	0.85	-0.36	0.98	0.84	-0.35	0.74	0.26	0.59	0.99	0.98	0.74	0.65		0.97	0.77	0.37	0.99	0.92	-0.64
Property Plant And Equipment Gross	0.93	0.67	0.83	0.76	1.0	0.96	0.52	0.72	-0.37	0.99	0.95	-0.36	0.64	0.18	0.53	0.99	0.94	0.57	0.63	0.97		0.68	0.3	0.99	0.86	-0.78
Total Current Assets	0.88	0.84	0.89	0.97	0.71	0.56	0.85	0.9	0.22	0.71	0.57	0.22	0.91	0.59	0.82	0.7	0.86	0.72	0.8	0.77	0.68		0.66	0.7	0.72	-0.41
Common Stock	0.51	0.55	0.5	0.69	0.32	0.18	0.68	0.52	0.36	0.35	0.21	0.33	0.54	0.99	0.94	0.31	0.47	0.39	0.76	0.37	0.3	0.66		0.32	0.46	-0.14
Short Long Term Debt Total	0.94	0.7	0.88	0.76	0.99	0.97	0.54	0.77	-0.39	0.99	0.89	-0.38	0.66	0.21	0.54	1.0	0.95	0.65	0.63	0.99	0.99	0.7	0.32		0.92	-0.7
Short Term Debt	0.9	0.78	0.89	0.76	0.89	0.87	0.49	0.79	-0.29	0.91	0.7	-0.29	0.66	0.38	0.62	0.91	0.91	0.67	0.73	0.92	0.86	0.72	0.46	0.92		-0.47
Other Assets	-0.62	-0.33	-0.43	-0.52	-0.73	-0.65	-0.36	-0.31	0.18	-0.71	-0.91	0.17	-0.35	-0.04	-0.34	-0.7	-0.61	-0.12	-0.39	-0.64	-0.78	-0.41	-0.14	-0.7	-0.47

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RF Industries Account Relationship Matchups

RF Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.8M	49.6M	89.6M	82.3M	94.6M	99.4M
Other Current Liab	2.6M	5.0M	6.9M	4.6M	5.3M	5.5M
Total Current Liabilities	6.7M	9.4M	19.5M	12.5M	14.4M	15.1M
Total Stockholder Equity	32.1M	39.6M	41.9M	39.8M	45.7M	48.0M
Property Plant And Equipment Net	2.2M	2.2M	16.7M	20.6M	23.7M	24.9M
Net Debt	(12.4M)	(12.4M)	27.9M	29.8M	34.3M	36.0M
Retained Earnings	9.0M	15.2M	16.6M	13.6M	15.6M	7.8M
Accounts Payable	1.5M	3.5M	5.7M	3.2M	3.7M	3.9M
Cash	15.8M	13.1M	4.5M	4.9M	5.6M	6.5M
Non Current Assets Total	10.0M	9M	43.3M	51.2M	58.9M	61.8M
Cash And Short Term Investments	15.8M	13.1M	4.5M	4.9M	5.6M	7.4M
Net Receivables	5.7M	13.5M	14.8M	10.3M	11.8M	12.4M
Common Stock Shares Outstanding	9.7M	10.2M	10.2M	10.3M	11.8M	8.9M
Liabilities And Stockholders Equity	40.8M	49.6M	89.6M	82.3M	94.6M	99.4M
Non Current Liabilities Total	2.1M	675K	28.2M	30.0M	34.5M	36.2M
Inventory	8.6M	11.2M	21.1M	18.7M	21.5M	22.6M
Other Current Assets	813K	2.9M	5.8M	2.1M	2.5M	2.6M
Other Stockholder Equity	22.9M	24.3M	25.1M	26.1M	30.0M	31.5M
Total Liab	8.8M	10.0M	47.7M	42.5M	48.9M	51.3M
Property Plant And Equipment Gross	2.2M	2.2M	16.7M	26.1M	30.0M	31.5M
Total Current Assets	30.9M	40.6M	46.2M	36.0M	41.4M	43.5M
Common Stock	98K	101K	102K	104K	119.6K	66.2K
Other Assets	904K	459K	2.1M	(5.0M)	(4.5M)	(4.2M)
Property Plant Equipment	839K	810K	2.2M	16.7M	19.2M	20.1M
Intangible Assets	4.4M	3.9M	16.5M	14.8M	17.0M	17.8M
Net Tangible Assets	28.4M	32.1M	33.2M	17.3M	19.9M	22.8M

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When determining whether RF Industries is a strong investment it is important to analyze RF Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RF Industries' future performance. For an informed investment choice regarding RFIL Stock, refer to the following important reports:

How To Invest In RFIL

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Is RFIL Stock a good investment?

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What is RF Industries' Net Worth?

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Largest Electronic Equipment, Instruments & Components Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Electronic Equipment, Instruments & Components 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 RF Industries. If investors know RFIL 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 RF Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.134

Earnings Share

(0.69)

Revenue Per Share

5.969

Quarterly Revenue Growth

0.076

Return On Assets

(0.02)

The market value of RF Industries is measured differently than its book value, which is the value of RFIL that is recorded on the company's balance sheet. Investors also form their own opinion of RF Industries' value that differs from its market value or its book value, called intrinsic value, which is RF Industries' 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 RF Industries' market value can be influenced by many factors that don't directly affect RF Industries' 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 RF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if RF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF Industries' 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.

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RFIL Total Stockholder Equity vs Total Current Liabilities Analysis

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Liabilities

RF Industries fundamental ratios Correlations

RF Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RF Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Other Assets	- 0.91	Non Currrent Assets Other
Other Assets	- 0.78	Property Plant And Equipment Gross
Other Assets	- 0.73	Property Plant And Equipment Net
Other Assets	- 0.71	Non Current Assets Total
Other Assets	- 0.7	Short Long Term Debt Total
Other Assets	- 0.7	Non Current Liabilities Total