RILYZ Non Current Assets Total vs Cash Analysis

RILYZ Stock  USD 10.19  0.12  1.19%   
B Riley financial indicator trend analysis is way more than just evaluating B Riley Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B Riley Financial is a good investment. Please check the relationship between B Riley Non Current Assets Total and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B Riley Financial Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between B Riley's Non Current Assets Total and Cash is 0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of B Riley Financial, assuming nothing else is changed. The correlation between historical values of B Riley's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of B Riley Financial are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., B Riley's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of B Riley Financial, which is listed under current asset account on B Riley Financial balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from B Riley customers. The amounts must be unrestricted with restricted cash listed in a different B Riley account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from B Riley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B Riley Financial 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 B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, B Riley's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 41.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.44 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense92.5M141.2M187.0M196.4M
Depreciation And Amortization1.0B1.0B49.6M47.1M

B Riley fundamental ratios Correlations

0.530.920.690.99-0.270.931.00.290.930.660.990.630.91.00.96-0.150.990.960.780.950.73-0.010.950.68-0.49
0.530.470.140.63-0.430.290.55-0.470.290.070.550.060.450.550.420.20.530.680.560.570.75-0.590.630.78-0.19
0.920.470.780.910.020.910.910.40.910.690.880.820.750.90.95-0.10.920.870.540.860.540.060.880.64-0.41
0.690.140.780.630.40.70.670.70.70.770.620.820.60.640.77-0.170.660.620.370.590.140.180.650.16-0.21
0.990.630.910.63-0.320.870.990.160.870.590.990.570.870.990.94-0.070.990.980.820.950.78-0.10.960.74-0.48
-0.27-0.430.020.4-0.32-0.17-0.330.56-0.170.1-0.370.51-0.46-0.34-0.050.13-0.31-0.36-0.55-0.42-0.780.13-0.31-0.580.26
0.930.290.910.70.87-0.170.920.451.00.790.910.680.850.920.92-0.350.930.840.620.890.580.240.860.55-0.55
1.00.550.910.670.99-0.330.920.250.920.651.00.570.921.00.94-0.161.00.970.810.970.770.00.960.71-0.49
0.29-0.470.40.70.160.560.450.250.450.610.220.70.250.240.42-0.190.250.14-0.050.17-0.280.50.21-0.3-0.09
0.930.290.910.70.87-0.171.00.920.450.790.910.680.850.920.92-0.350.930.840.620.890.580.240.860.55-0.55
0.660.070.690.770.590.10.790.650.610.790.630.580.610.640.67-0.580.660.630.480.680.280.430.70.17-0.56
0.990.550.880.620.99-0.370.911.00.220.910.630.540.911.00.93-0.150.990.970.830.960.79-0.020.950.7-0.51
0.630.060.820.820.570.510.680.570.70.680.580.540.420.570.79-0.010.590.480.090.450.020.080.510.19-0.17
0.90.450.750.60.87-0.460.850.920.250.850.610.910.420.910.81-0.290.890.860.730.890.780.050.860.65-0.4
1.00.550.90.640.99-0.340.921.00.240.920.641.00.570.910.94-0.151.00.970.810.960.77-0.020.950.7-0.51
0.960.420.950.770.94-0.050.920.940.420.920.670.930.790.810.94-0.120.940.880.660.850.55-0.060.870.53-0.46
-0.150.2-0.1-0.17-0.070.13-0.35-0.16-0.19-0.35-0.58-0.15-0.01-0.29-0.15-0.12-0.15-0.11-0.15-0.23-0.13-0.41-0.160.10.55
0.990.530.920.660.99-0.310.931.00.250.930.660.990.590.891.00.94-0.150.970.80.970.750.040.960.71-0.5
0.960.680.870.620.98-0.360.840.970.140.840.630.970.480.860.970.88-0.110.970.870.970.81-0.080.990.73-0.5
0.780.560.540.370.82-0.550.620.81-0.050.620.480.830.090.730.810.66-0.150.80.870.850.77-0.080.840.53-0.53
0.950.570.860.590.95-0.420.890.970.170.890.680.960.450.890.960.85-0.230.970.970.850.820.130.980.75-0.54
0.730.750.540.140.78-0.780.580.77-0.280.580.280.790.020.780.770.55-0.130.750.810.770.82-0.170.770.87-0.43
-0.01-0.590.060.18-0.10.130.240.00.50.240.43-0.020.080.05-0.02-0.06-0.410.04-0.08-0.080.13-0.170.03-0.12-0.11
0.950.630.880.650.96-0.310.860.960.210.860.70.950.510.860.950.87-0.160.960.990.840.980.770.030.71-0.51
0.680.780.640.160.74-0.580.550.71-0.30.550.170.70.190.650.70.530.10.710.730.530.750.87-0.120.71-0.22
-0.49-0.19-0.41-0.21-0.480.26-0.55-0.49-0.09-0.55-0.56-0.51-0.17-0.4-0.51-0.460.55-0.5-0.5-0.53-0.54-0.43-0.11-0.51-0.22
Click cells to compare fundamentals

B Riley Account Relationship Matchups

B Riley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.7B5.9B6.1B6.1B6.4B
Other Current Liab41.8M66.6M(60.2M)338.1M205.9M216.2M
Total Current Liabilities204.1M253.9M569.0M639.0M336.7M353.5M
Total Stockholder Equity360.7M512.6M661.3M446.5M291.1M239.1M
Net Debt762.7M957.5M1.8B2.3B2.2B2.3B
Retained Earnings39.5M203.1M248.9M(45.2M)(281.3M)(267.2M)
Cash104.3M103.6M278.9M268.6M232.0M243.6M
Non Current Assets Total1.8B2.0B4.2B4.9B5.0B5.2B
Cash And Short Term Investments104.3M103.6M278.9M268.6M232.0M243.6M
Common Stock Shares Outstanding27.5M26.5M29.0M28.2M29.3M15.8M
Liabilities And Stockholders Equity2.3B2.7B5.9B6.1B6.1B6.4B
Non Current Liabilities Total1.7B1.9B4.2B4.8B5.4B5.6B
Other Current Assets81.8M87.3M360.9M194.4M26.7M25.4M
Other Stockholder Equity283.6M107.2M413.5M494.2M572.2M600.8M
Total Liab1.9B2.1B4.8B5.4B5.7B6.0B
Total Current Assets516.0M637.6M1.7B1.2B1.1B1.2B
Short Long Term Debt Total896.1M1.1B2.1B2.5B2.5B2.6B
Property Plant And Equipment Net60.5M60.5M69.8M115.7M112.8M118.5M
Net Receivables302.1M445.3M121.9M265.3M751.8M789.4M
Good Will223.7M227.0M250.6M512.6M472.3M495.9M
Inventory27.8M1.4M927K101.7M110.5M116.0M
Accumulated Other Comprehensive Income(2.0M)(823K)(1.1M)(2.5M)229K240.5K
Short Term Debt90.6M115.9M357K127.7M8.6M8.2M
Intangible Assets220.5M190.7M207.7M374.1M322.0M338.1M
Accounts Payable4.5M2.7M6.3M81.4M44.6M46.8M
Current Deferred Revenue67.1M68.7M69.5M85.4M71.5M45.4M
Other Assets1.5B1.9B3.1M3.3M3.9B4.1B
Short Term Investments451.6M777.3M1.5B1.1B1.1B603.5M
Property Plant Equipment15.5M60.5M11.7M12.9M14.8M16.5M
Capital Surpluse258.6M323.1M310.3M413.5M475.5M286.6M
Long Term Debt540.5M805.4M983.0M2.0B2.2B2.4B
Long Term Debt Total540.5M805.4M983.0M2.0B2.2B2.4B

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