Rico Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

RICOAUTO   91.55  2.98  3.36%   
Rico Auto financial indicator trend analysis is much more than just breaking down Rico Auto Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rico Auto Industries is a good investment. Please check the relationship between Rico Auto Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rico Auto 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 nation.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rico Auto Industries Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rico Auto's Common Stock Shares Outstanding and Other Stockholder Equity is -0.24. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Rico Auto Industries, assuming nothing else is changed. The correlation between historical values of Rico Auto's Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Rico Auto Industries are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Rico Auto's Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

Most indicators from Rico Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rico Auto 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 Rico Auto 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 nation.
Selling General Administrative is likely to gain to about 270.3 M in 2024, whereas Discontinued Operations is likely to drop slightly above 2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B6.7B2.3B4.2B
Total Revenue18.0B23.0B21.6B14.9B

Rico Auto fundamental ratios Correlations

0.95-0.340.920.780.960.960.020.990.260.060.530.740.970.11-0.670.950.980.510.780.780.340.750.840.82-0.34
0.95-0.390.860.740.941.00.190.960.170.130.460.820.920.3-0.70.910.910.450.80.820.330.730.830.87-0.33
-0.34-0.39-0.01-0.8-0.17-0.39-0.18-0.3-0.13-0.16-0.26-0.09-0.21-0.040.56-0.06-0.38-0.26-0.48-0.31-0.92-0.85-0.04-0.170.63
0.920.86-0.010.490.910.86-0.060.910.36-0.120.410.650.940.13-0.490.980.890.40.660.690.040.450.890.83-0.05
0.780.74-0.80.490.650.740.030.750.210.220.50.430.66-0.02-0.690.550.790.490.660.570.770.990.450.49-0.66
0.960.94-0.170.910.650.940.050.980.070.060.590.810.930.21-0.590.960.880.580.660.820.150.620.840.82-0.26
0.961.0-0.390.860.740.940.160.960.180.130.470.810.930.3-0.690.920.920.460.780.820.330.730.830.87-0.34
0.020.19-0.18-0.060.030.050.160.03-0.360.22-0.330.36-0.040.38-0.240.010.0-0.320.380.060.010.080.150.210.32
0.990.96-0.30.910.750.980.960.030.160.050.570.760.950.13-0.650.950.930.560.720.80.30.720.820.81-0.32
0.260.17-0.130.360.210.070.18-0.360.16-0.10.05-0.170.34-0.1-0.090.240.390.050.270.060.090.180.370.23-0.13
0.060.13-0.16-0.120.220.060.130.220.05-0.1-0.030.21-0.010.14-0.04-0.030.07-0.040.010.120.010.230.07-0.14-0.51
0.530.46-0.260.410.50.590.47-0.330.570.05-0.030.280.48-0.02-0.240.450.441.00.170.710.220.520.290.3-0.56
0.740.82-0.090.650.430.810.810.360.76-0.170.210.280.770.46-0.60.780.690.270.710.720.020.430.760.79-0.14
0.970.92-0.210.940.660.930.93-0.040.950.34-0.010.480.770.18-0.610.970.970.470.780.770.230.630.880.86-0.26
0.110.3-0.040.13-0.020.210.30.380.13-0.10.14-0.020.460.18-0.280.160.060.00.190.43-0.160.060.410.490.01
-0.67-0.70.56-0.49-0.69-0.59-0.69-0.24-0.65-0.09-0.04-0.24-0.6-0.61-0.28-0.56-0.68-0.25-0.81-0.62-0.41-0.72-0.66-0.610.32
0.950.91-0.060.980.550.960.920.010.950.24-0.030.450.780.970.16-0.560.920.440.720.760.080.510.890.85-0.13
0.980.91-0.380.890.790.880.920.00.930.390.070.440.690.970.06-0.680.920.430.830.720.40.760.830.8-0.35
0.510.45-0.260.40.490.580.46-0.320.560.05-0.041.00.270.470.0-0.250.440.430.170.730.220.520.290.3-0.56
0.780.8-0.480.660.660.660.780.380.720.270.010.170.710.780.19-0.810.720.830.170.620.40.670.750.77-0.15
0.780.82-0.310.690.570.820.820.060.80.060.120.710.720.770.43-0.620.760.720.730.620.210.620.720.72-0.47
0.340.33-0.920.040.770.150.330.010.30.090.010.220.020.23-0.16-0.410.080.40.220.40.210.79-0.070.13-0.58
0.750.73-0.850.450.990.620.730.080.720.180.230.520.430.630.06-0.720.510.760.520.670.620.790.450.5-0.69
0.840.83-0.040.890.450.840.830.150.820.370.070.290.760.880.41-0.660.890.830.290.750.72-0.070.450.86-0.06
0.820.87-0.170.830.490.820.870.210.810.23-0.140.30.790.860.49-0.610.850.80.30.770.720.130.50.860.01
-0.34-0.330.63-0.05-0.66-0.26-0.340.32-0.32-0.13-0.51-0.56-0.14-0.260.010.32-0.13-0.35-0.56-0.15-0.47-0.58-0.69-0.060.01
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Rico Auto Account Relationship Matchups

Rico Auto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B16.4B17.9B19.4B18.9B13.5B
Short Long Term Debt Total4.3B5.5B6.0B7.5B6.9B4.3B
Other Current Liab100.1M184.4M981.4M766.1M549.1M521.6M
Total Current Liabilities5.5B7.5B9.2B8.2B8.0B5.9B
Total Stockholder Equity6.2B6.1B6.3B6.9B7.2B5.2B
Property Plant And Equipment Net7.5B7.8B8.9B10.7B11.3B7.4B
Net Debt4.1B5.3B5.9B7.4B6.8B4.1B
Cash118.3M138.6M75.9M167.4M83.8M121.9M
Non Current Assets Total8.7B9.1B10.3B11.7B11.9B8.1B
Non Currrent Assets Other(6.7M)1.1B1.1B144.5M313.5M438.9M
Cash And Short Term Investments144.2M174.6M97.7M451.7M208.1M172.7M
Liabilities And Stockholders Equity14.3B16.4B17.9B19.4B18.9B13.5B
Non Current Liabilities Total2.6B2.9B2.4B4.2B3.7B2.2B
Inventory1.9B2.6B2.9B2.8B2.9B1.9B
Other Current Assets43.4M31.9M793M552.9M632.4M577.0M
Other Stockholder Equity(4.6B)1.5B453.4M459.2M1.5B1.4B
Total Liab8.0B10.3B11.6B12.5B11.7B8.3B
Total Current Assets5.6B7.3B7.7B7.7B7.0B5.4B
Accumulated Other Comprehensive Income(2.1B)1.2B1.2B1.2B1.3B1.3B
Net Receivables3.6B4.5B3.6B4.0B3.3B3.4B
Intangible Assets44.8M57.1M76.4M108.2M132.3M138.9M
Current Deferred Revenue768.2M641.5M618.3M518.4M93.7M98.4M
Retained Earnings3.4B3.3B3.5B4.1B4.4B3.1B
Accounts Payable2.5B3.6B4.5B3.9B3.8B2.6B
Short Term Debt2.1B3.0B4.0B3.6B3.6B2.5B
Other Liab351M359.4M379.2M267.2M240.5M281.8M
Net Tangible Assets6.2B6.0B6.3B6.8B7.8B6.0B
Other Assets1.2B1.3B1.3B182.8M210.2M199.7M
Long Term Debt2.1B2.4B1.8B3.8B3.1B1.9B
Short Long Term Debt2.1B2.1B3.9B3.5B3.5B2.5B
Property Plant Equipment7.5B7.8B8.9B10.7B12.3B7.4B
Short Term Investments25.9M36M21.8M284.3M124.3M91.4M
Long Term Debt Total2.2B2.5B2.0B4.0B4.5B4.8B
Non Current Liabilities Other23.6M21.4M20.7M13.3M12.0M15.7M
Net Invested Capital10.4B10.5B12.0B14.2B13.8B12.4B
Net Working Capital129.8M(126.2M)(1.6B)(577.6M)(986.6M)(937.3M)

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