Rambus Total Current Assets vs Property Plant And Equipment Gross Analysis

RMBS Stock  USD 57.81  0.69  1.21%   
Rambus financial indicator trend analysis is much more than just breaking down Rambus Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rambus Inc is a good investment. Please check the relationship between Rambus Total Current Assets and its Property Plant And Equipment Gross accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rambus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Current Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rambus Inc Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rambus' Total Current Assets and Property Plant And Equipment Gross is 0.43. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Rambus Inc, assuming nothing else is changed. The correlation between historical values of Rambus' Total Current Assets and Property Plant And Equipment Gross 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 Current Assets of Rambus Inc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Assets i.e., Rambus' Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Gross

Most indicators from Rambus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rambus Inc 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 Rambus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Rambus' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 32.86 in 2024, despite the fact that Tax Provision is likely to grow to (143 M).
 2021 2022 2023 2024 (projected)
Interest Expense10.7M1.9M1.5M1.4M
Depreciation And Amortization44.3M47.1M52.4M55.1M

Rambus fundamental ratios Correlations

0.620.520.260.320.50.740.11-0.60.350.540.620.060.670.210.370.60.340.930.690.410.540.230.090.120.67
0.620.270.390.410.840.630.320.160.350.050.930.130.790.810.770.590.420.810.750.360.93-0.050.680.610.45
0.520.270.130.39-0.110.20.58-0.59-0.410.750.32-0.560.37-0.15-0.080.61-0.370.480.75-0.390.180.54-0.360.30.03
0.260.390.130.440.280.650.04-0.060.480.220.210.120.540.310.430.250.20.330.510.420.510.40.33-0.140.31
0.320.410.390.440.270.380.09-0.180.250.460.22-0.020.630.30.38-0.11-0.020.40.660.180.540.580.22-0.070.13
0.50.84-0.110.280.270.440.030.370.54-0.140.760.550.640.860.760.390.770.580.490.680.81-0.290.860.470.56
0.740.630.20.650.380.44-0.05-0.390.620.30.520.010.680.370.510.380.230.820.570.480.660.280.28-0.080.52
0.110.320.580.040.090.03-0.050.05-0.56-0.090.37-0.550.190.190.230.54-0.350.170.48-0.520.220.240.00.63-0.29
-0.60.16-0.59-0.06-0.180.37-0.390.050.0-0.760.110.34-0.120.570.34-0.170.27-0.43-0.260.080.19-0.520.680.44-0.24
0.350.35-0.410.480.250.540.62-0.560.0-0.010.260.520.310.40.35-0.090.570.380.110.770.38-0.010.5-0.280.45
0.540.050.750.220.46-0.140.3-0.09-0.76-0.010.04-0.190.34-0.33-0.250.29-0.130.430.550.00.060.51-0.42-0.190.29
0.620.930.320.210.220.760.520.370.110.260.040.060.550.690.530.690.40.780.690.240.73-0.080.580.710.39
0.060.13-0.560.12-0.020.550.01-0.550.340.52-0.190.060.140.250.3-0.190.9-0.02-0.170.870.17-0.280.5-0.220.68
0.670.790.370.540.630.640.680.19-0.120.310.340.550.140.530.820.380.310.760.760.420.910.180.40.180.55
0.210.81-0.150.310.30.860.370.190.570.4-0.330.690.250.530.750.320.440.40.460.390.81-0.290.940.610.18
0.370.77-0.080.430.380.760.510.230.340.35-0.250.530.30.820.750.220.430.520.440.470.9-0.130.680.280.41
0.60.590.610.25-0.110.390.380.54-0.17-0.090.290.69-0.190.380.320.220.150.590.680.010.410.030.180.650.3
0.340.42-0.370.2-0.020.770.23-0.350.270.57-0.130.40.90.310.440.430.150.290.10.890.38-0.340.610.050.78
0.930.810.480.330.40.580.820.17-0.430.380.430.78-0.020.760.40.520.590.290.750.350.720.160.230.260.6
0.690.750.750.510.660.490.570.48-0.260.110.550.69-0.170.760.460.440.680.10.750.130.710.450.30.440.32
0.410.36-0.390.420.180.680.48-0.520.080.770.00.240.870.420.390.470.010.890.350.130.43-0.10.56-0.260.8
0.540.930.180.510.540.810.660.220.190.380.060.730.170.910.810.90.410.380.720.710.43-0.020.690.420.45
0.23-0.050.540.40.58-0.290.280.24-0.52-0.010.51-0.08-0.280.18-0.29-0.130.03-0.340.160.45-0.1-0.02-0.3-0.31-0.04
0.090.68-0.360.330.220.860.280.00.680.5-0.420.580.50.40.940.680.180.610.230.30.560.69-0.30.460.28
0.120.610.3-0.14-0.070.47-0.080.630.44-0.28-0.190.71-0.220.180.610.280.650.050.260.44-0.260.42-0.310.46-0.16
0.670.450.030.310.130.560.52-0.29-0.240.450.290.390.680.550.180.410.30.780.60.320.80.45-0.040.28-0.16
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Rambus Account Relationship Matchups

Rambus fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding110.9M113.3M114.9M109.5M110.9M102.9M
Total Assets1.3B1.2B1.2B1.0B1.3B661.3M
Short Long Term Debt Total195.0M195.1M198.8M44.5M30.7M29.2M
Other Current Liab58.3M37.2M35.0M39.5M39.6M27.6M
Total Current Liabilities86.2M85.9M267.3M126.7M89.1M87.8M
Total Stockholder Equity970.9M905.1M862.4M779.3M1.0B1.1B
Property Plant And Equipment Net81.7M86.4M79.7M110.4M89.3M48.5M
Net Debt92.9M58.9M90.9M(80.9M)(64.1M)(60.9M)
Retained Earnings(290.2M)(365.3M)(435.2M)(513.3M)(285.5M)(299.8M)
Accounts Payable9.5M9.0M11.3M24.8M18.1M19.0M
Cash102.2M136.1M107.9M125.3M94.8M116.9M
Non Current Assets Total674.3M547.1M548.3M485.4M627.6M316.9M
Non Currrent Assets Other5.9M4.5M4.2M3.3M94.8M99.5M
Cash And Short Term Investments407.7M502.6M485.6M313.2M425.8M274.1M
Net Receivables228.4M166.7M179.7M181.1M133.8M140.5M
Short Term Investments305.5M366.5M377.7M187.9M331.1M182.7M
Liabilities And Stockholders Equity1.3B1.2B1.2B1.0B1.3B661.3M
Non Current Liabilities Total281.9M252.9M103.0M106.6M131.0M130.2M
Other Current Assets18.5M15.9M10.6M12.0M34.9M36.6M
Other Stockholder Equity1.3B1.3B1.3B1.3B1.3B809.5M
Total Liab368.1M338.8M370.3M233.3M220.1M213.7M
Property Plant And Equipment Gross81.7M86.4M79.7M110.4M178.4M187.3M
Total Current Assets664.7M696.8M684.4M527.2M630.6M349.2M
Accumulated Other Comprehensive Income(92K)(81K)(1.5M)(5.0M)(1.3M)(1.3M)
Short Term Debt6.4M9.4M175.7M20.4M8.9M8.5M
Other Liab93.2M62.6M73.9M77.5M89.1M93.6M
Other Assets350.6M240.9M131.3M31.6M36.3M34.5M
Property Plant Equipment44.7M57.7M79.7M86.3M99.2M50.8M
Current Deferred Revenue11.9M10.2M24.8M23.9M17.4M13.8M
Intangible Assets54.9M36.5M58.4M50.9M28.8M27.3M
Long Term Debt172.7M178.2M148.8M156.0M179.4M171.9M
Good Will183.5M183.2M278.8M292.0M286.8M143.8M
Inventory10.1M14.5M8.5M20.9M36.2M38.0M
Net Tangible Assets732.6M868.6M525.2M436.4M501.8M422.7M
Retained Earnings Total Equity(290.2M)(365.3M)(435.2M)(513.3M)(590.2M)(619.8M)
Capital Surpluse1.3B1.3B1.3B1.3B1.5B1.3B
Deferred Long Term Liab9.8M19.0M13.8M25.0M28.7M30.1M

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