Real Total Assets vs Current Deferred Revenue Analysis
RGF Stock | USD 0.26 0.01 3.70% |
Real Good financial indicator trend analysis is much more than just breaking down Real Good Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Good Food is a good investment. Please check the relationship between Real Good Total Assets and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Good Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Total Assets vs Current Deferred Revenue
Total Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Good Food Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Real Good's Total Assets and Current Deferred Revenue is 0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Real Good Food, assuming nothing else is changed. The correlation between historical values of Real Good's Total Assets and Current Deferred Revenue 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 Real Good Food are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Real Good's Total Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Real Good 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 Real Good Food 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Real Good's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Good Food 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 Real Good Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The Real Good's current Selling General Administrative is estimated to increase to about 69.1 M, while Tax Provision is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.4M | 7.4M | 14.3M | 8.4M | Depreciation And Amortization | 1.1M | 3.2M | 3.7M | 3.9M |
Real Good fundamental ratios Correlations
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Real Good Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Real Good Food is a strong investment it is important to analyze Real Good's 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 Real Good's future performance. For an informed investment choice regarding Real Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Good Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Packaged Foods & Meats 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 Real Good. If investors know Real 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 Real Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.06) | Revenue Per Share 21.335 | Quarterly Revenue Growth 0.48 | Return On Assets (0.18) | Return On Equity (31.64) |
The market value of Real Good Food is measured differently than its book value, which is the value of Real that is recorded on the company's balance sheet. Investors also form their own opinion of Real Good's value that differs from its market value or its book value, called intrinsic value, which is Real Good'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 Real Good's market value can be influenced by many factors that don't directly affect Real Good'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 Real Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Real Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Real Good'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.