Riedel Net Debt vs Short Long Term Debt Total Analysis

RIE Stock

0.03 0 8.82%

Riedel Resources financial indicator trend analysis is much more than just breaking down Riedel Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riedel Resources is a good investment. Please check the relationship between Riedel Resources Net Debt and its Short Long Term Debt Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riedel Resources. 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.

Net Debt vs Short Long Term Debt Total

Net Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riedel Resources Net Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.

The correlation between Riedel Resources' Net Debt and Short Long Term Debt Total is 0.33. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Riedel Resources, assuming nothing else is changed. The correlation between historical values of Riedel Resources' Net Debt and Short Long Term Debt Total 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 Debt of Riedel Resources are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Debt i.e., Riedel Resources' Net Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Long Term Debt Total

Most indicators from Riedel Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riedel Resources 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 Riedel Resources. 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.

Selling General Administrative is likely to drop to about 248 K in 2024. Issuance Of Capital Stock is likely to drop to about 546.7 K in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	725.3K	807.1K	787.8K	1.3M
Depreciation And Amortization	93.6K	653.0	5.5M	5.7M

Other Operating Expenses Depreciation And Amortization

Riedel Resources 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	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total	Short Term Investments	Short Term Debt	Net Tangible Assets	Other Stockholder Equity	Short Long Term Debt
Total Assets		0.69	0.33	0.98	0.85	-0.54	0.47	0.32	0.52	0.88	0.52	-0.33	-0.34	0.04	0.33	0.85	0.51	-0.02	0.23	0.84	-0.24	0.52	-0.19	0.11	0.15	0.35
Other Current Liab	0.69		0.79	0.63	0.73	-0.16	0.11	0.55	0.14	0.73	0.14	-0.17	-0.09	0.2	0.79	0.73	0.14	0.22	0.31	0.7	-0.14	0.21	-0.11	0.28	0.03	0.13
Total Current Liabilities	0.33	0.79		0.27	0.51	0.21	0.0	0.55	-0.19	0.5	-0.19	-0.31	-0.14	0.08	1.0	0.51	-0.2	0.12	0.26	0.47	0.4	0.24	0.41	0.14	0.18	0.35
Total Stockholder Equity	0.98	0.63	0.27		0.79	-0.6	0.56	0.33	0.59	0.81	0.59	-0.27	-0.43	-0.09	0.27	0.79	0.58	-0.14	0.1	0.78	-0.25	0.57	-0.2	0.0	0.17	0.37
Property Plant And Equipment Net	0.85	0.73	0.51	0.79		-0.04	0.37	0.2	0.03	0.99	0.03	-0.4	-0.27	0.09	0.51	1.0	0.01	0.0	0.28	0.96	-0.09	0.53	-0.03	0.1	0.25	0.43
Net Debt	-0.54	-0.16	0.21	-0.6	-0.04		-0.39	-0.26	-1.0	-0.08	-1.0	-0.02	0.24	0.19	0.21	-0.04	-1.0	0.09	0.13	-0.04	0.33	-0.18	0.33	0.06	0.08	0.0
Retained Earnings	0.47	0.11	0.0	0.56	0.37	-0.39		-0.17	0.41	0.35	0.41	-0.05	-0.85	-0.78	0.0	0.37	0.4	-0.85	-0.54	0.31	0.23	0.81	0.25	-0.77	0.59	0.73
Accounts Payable	0.32	0.55	0.55	0.33	0.2	-0.26	-0.17		0.26	0.25	0.26	0.03	0.26	0.06	0.55	0.2	0.26	0.42	-0.01	0.13	-0.2	-0.09	-0.24	0.28	-0.39	-0.22
Cash	0.52	0.14	-0.19	0.59	0.03	-1.0	0.41	0.26		0.06	1.0	-0.01	-0.28	-0.22	-0.19	0.03	1.0	-0.12	-0.14	0.02	-0.25	0.21	-0.26	-0.09	-0.05	0.05
Non Current Assets Total	0.88	0.73	0.5	0.81	0.99	-0.08	0.35	0.25	0.06		0.06	-0.38	-0.25	0.1	0.5	0.99	0.05	0.03	0.29	0.95	-0.11	0.52	-0.06	0.12	0.23	0.41
Cash And Short Term Investments	0.52	0.14	-0.19	0.59	0.03	-1.0	0.41	0.26	1.0	0.06		-0.01	-0.28	-0.22	-0.19	0.03	1.0	-0.12	-0.14	0.02	-0.25	0.21	-0.26	-0.09	-0.05	0.05
Net Receivables	-0.33	-0.17	-0.31	-0.27	-0.4	-0.02	-0.05	0.03	-0.01	-0.38	-0.01		0.37	-0.21	-0.31	-0.4	0.04	0.05	-0.47	-0.45	-0.29	-0.26	-0.33	-0.23	-0.47	-0.36
Common Stock Total Equity	-0.34	-0.09	-0.14	-0.43	-0.27	0.24	-0.85	0.26	-0.28	-0.25	-0.28	0.37		0.62	-0.14	-0.27	-0.26	0.89	0.29	-0.3	-0.45	-0.78	-0.47	0.63	-0.79	-0.79
Common Stock Shares Outstanding	0.04	0.2	0.08	-0.09	0.09	0.19	-0.78	0.06	-0.22	0.1	-0.22	-0.21	0.62		0.08	0.09	-0.22	0.78	0.88	0.24	-0.39	-0.56	-0.35	0.97	-0.49	-0.55
Total Liab	0.33	0.79	1.0	0.27	0.51	0.21	0.0	0.55	-0.19	0.5	-0.19	-0.31	-0.14	0.08		0.51	-0.2	0.12	0.26	0.47	0.4	0.24	0.41	0.14	0.18	0.35
Property Plant And Equipment Gross	0.85	0.73	0.51	0.79	1.0	-0.04	0.37	0.2	0.03	0.99	0.03	-0.4	-0.27	0.09	0.51		0.01	0.0	0.28	0.96	-0.09	0.53	-0.03	0.1	0.25	0.43
Total Current Assets	0.51	0.14	-0.2	0.58	0.01	-1.0	0.4	0.26	1.0	0.05	1.0	0.04	-0.26	-0.22	-0.2	0.01		-0.11	-0.15	0.0	-0.27	0.2	-0.27	-0.1	-0.07	0.04
Common Stock	-0.02	0.22	0.12	-0.14	0.0	0.09	-0.85	0.42	-0.12	0.03	-0.12	0.05	0.89	0.78	0.12	0.0	-0.11		0.56	-0.01	-0.44	-0.67	-0.44	0.82	-0.65	-0.69
Other Current Assets	0.23	0.31	0.26	0.1	0.28	0.13	-0.54	-0.01	-0.14	0.29	-0.14	-0.47	0.29	0.88	0.26	0.28	-0.15	0.56		0.43	-0.09	-0.15	-0.03	0.83	-0.19	-0.16
Property Plant Equipment	0.84	0.7	0.47	0.78	0.96	-0.04	0.31	0.13	0.02	0.95	0.02	-0.45	-0.3	0.24	0.47	0.96	0.0	-0.01	0.43		-0.12	0.48	-0.05	0.23	0.22	0.39
Short Long Term Debt Total	-0.24	-0.14	0.4	-0.25	-0.09	0.33	0.23	-0.2	-0.25	-0.11	-0.25	-0.29	-0.45	-0.39	0.4	-0.09	-0.27	-0.44	-0.09	-0.12		0.43	1.0	-0.45	0.52	0.74
Short Term Investments	0.52	0.21	0.24	0.57	0.53	-0.18	0.81	-0.09	0.21	0.52	0.21	-0.26	-0.78	-0.56	0.24	0.53	0.2	-0.67	-0.15	0.48	0.43		0.46	-0.58	0.63	0.86
Short Term Debt	-0.19	-0.11	0.41	-0.2	-0.03	0.33	0.25	-0.24	-0.26	-0.06	-0.26	-0.33	-0.47	-0.35	0.41	-0.03	-0.27	-0.44	-0.03	-0.05	1.0	0.46		-0.42	0.54	0.77
Net Tangible Assets	0.11	0.28	0.14	0.0	0.1	0.06	-0.77	0.28	-0.09	0.12	-0.09	-0.23	0.63	0.97	0.14	0.1	-0.1	0.82	0.83	0.23	-0.45	-0.58	-0.42		-0.57	-0.6
Other Stockholder Equity	0.15	0.03	0.18	0.17	0.25	0.08	0.59	-0.39	-0.05	0.23	-0.05	-0.47	-0.79	-0.49	0.18	0.25	-0.07	-0.65	-0.19	0.22	0.52	0.63	0.54	-0.57		0.71
Short Long Term Debt	0.35	0.13	0.35	0.37	0.43	0.0	0.73	-0.22	0.05	0.41	0.05	-0.36	-0.79	-0.55	0.35	0.43	0.04	-0.69	-0.16	0.39	0.74	0.86	0.77	-0.6	0.71

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Riedel Resources Account Relationship Matchups

Riedel Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9M	5.3M	5.6M	9.7M	6.4M	4.7M
Other Current Liab	8.2K	28K	35.3K	602.0K	193.6K	112.7K
Total Current Liabilities	23.8K	119.7K	69.6K	773.7K	233.2K	200.1K
Total Stockholder Equity	1.9M	5.2M	5.5M	8.9M	3.6M	4.4M
Property Plant And Equipment Net	780.8K	660.0K	4.2M	6.8M	6.2M	3.2M
Net Debt	(885.6K)	(2.7M)	(1.4M)	(2.8M)	(131.1K)	(137.7K)
Retained Earnings	(17.4M)	(20.8M)	(21.6M)	(22.3M)	(25.9M)	(24.6M)
Accounts Payable	15.6K	91.7K	34.2K	171.6K	10.3K	9.8K
Cash	885.6K	2.7M	1.4M	2.8M	160.5K	152.5K
Non Current Assets Total	780.8K	2.5M	4.2M	6.8M	6.2M	3.3M
Cash And Short Term Investments	885.6K	2.7M	1.4M	2.8M	160.5K	152.5K
Net Receivables	248.2K	127.0K	8.3K	24.4K	5.2K	4.9K
Liabilities And Stockholders Equity	1.9M	5.3M	5.6M	9.7M	6.4M	4.7M
Total Liab	23.8K	119.7K	69.6K	773.7K	233.2K	200.1K
Property Plant And Equipment Gross	780.8K	660.0K	4.2M	6.8M	6.2M	3.2M
Total Current Assets	1.1M	2.9M	1.4M	2.9M	218.4K	207.5K
Other Current Assets	6.4K	18.7K	28.6K	33.3K	52.7K	55.4K
Accumulated Other Comprehensive Income	34.7K	2.8M	2.8M	3.0M	314.1K	298.4K
Property Plant Equipment	780.8K	660.0K	4.2M	6.8M	6.1M	6.4M
Net Tangible Assets	1.9M	5.2M	5.5M	8.9M	10.2M	10.7M
Other Stockholder Equity	(2.8K)	(3.5K)	(3.9K)	(7.5K)	1.0	0.95
Non Currrent Assets Other	2.4M	1.7M	(1.8M)	55.8K	50.2K	47.7K
Net Invested Capital	1.9M	5.2M	5.5M	8.9M	3.7M	4.9M
Net Working Capital	1.1M	2.7M	1.3M	2.1M	(14.8K)	(14.1K)

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