Royalty Retained Earnings vs Common Stock Shares Outstanding Analysis

RMCOW Stock   0.01  0.01  27.27%   
Royalty Management financial indicator trend analysis is much more than just breaking down Royalty Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royalty Management is a good investment. Please check the relationship between Royalty Management Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royalty Management Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royalty Management Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Royalty Management's Retained Earnings and Common Stock Shares Outstanding is 0.37. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Royalty Management Holding, assuming nothing else is changed. The correlation between historical values of Royalty Management's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Royalty Management Holding are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Royalty Management's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Royalty Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royalty Management 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 Royalty Management Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Royalty Management's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 7.50 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 541.3 K in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses2.01.4M2.0M1.3M
Depreciation And Amortization236.6K28.8K74.0K90.5K

Royalty Management fundamental ratios Correlations

0.960.970.921.00.970.01-0.011.00.990.94-0.01-0.990.920.97-0.760.541.01.01.0-0.99-0.67-0.73-0.670.76-0.59
0.960.870.770.951.0-0.230.250.960.961.00.25-0.960.781.0-0.60.330.980.970.97-0.92-0.49-0.55-0.490.56-0.51
0.970.870.990.980.890.21-0.230.970.950.83-0.23-0.950.990.89-0.860.680.950.960.96-0.99-0.79-0.84-0.790.89-0.62
0.920.770.990.930.80.35-0.380.920.890.73-0.38-0.891.00.8-0.90.760.880.90.9-0.96-0.85-0.89-0.850.95-0.63
1.00.950.980.930.960.04-0.041.00.990.93-0.04-0.980.930.96-0.780.560.991.01.0-0.99-0.69-0.75-0.690.78-0.6
0.971.00.890.80.96-0.20.220.970.970.990.22-0.970.81.0-0.620.360.990.980.98-0.93-0.51-0.57-0.510.59-0.52
0.01-0.230.210.350.04-0.2-0.980.020.05-0.29-0.98-0.050.37-0.19-0.640.84-0.06-0.04-0.03-0.14-0.74-0.69-0.740.62-0.58
-0.010.25-0.23-0.38-0.040.22-0.98-0.02-0.010.321.00.02-0.390.210.6-0.80.070.040.030.140.70.660.7-0.650.45
1.00.960.970.921.00.970.02-0.020.990.93-0.02-0.990.920.97-0.770.541.01.01.0-0.99-0.68-0.73-0.680.77-0.59
0.990.960.950.890.990.970.05-0.010.990.94-0.01-1.00.90.97-0.80.580.990.990.99-0.98-0.71-0.76-0.710.75-0.69
0.941.00.830.730.930.99-0.290.320.930.940.32-0.940.730.99-0.550.270.960.960.95-0.89-0.43-0.49-0.430.5-0.48
-0.010.25-0.23-0.38-0.040.22-0.981.0-0.02-0.010.320.02-0.390.210.6-0.80.070.040.030.140.70.660.7-0.650.45
-0.99-0.96-0.95-0.89-0.98-0.97-0.050.02-0.99-1.0-0.940.02-0.9-0.970.8-0.58-0.99-0.99-0.990.980.710.760.71-0.750.69
0.920.780.991.00.930.80.37-0.390.920.90.73-0.39-0.90.81-0.920.780.890.90.9-0.96-0.87-0.9-0.870.95-0.67
0.971.00.890.80.961.0-0.190.210.970.970.990.21-0.970.81-0.630.370.990.980.98-0.94-0.52-0.58-0.520.6-0.53
-0.76-0.6-0.86-0.9-0.78-0.62-0.640.6-0.77-0.8-0.550.60.8-0.92-0.63-0.95-0.72-0.73-0.740.840.991.00.99-0.950.88
0.540.330.680.760.560.360.84-0.80.540.580.27-0.8-0.580.780.37-0.950.480.50.51-0.65-0.99-0.97-0.990.91-0.86
1.00.980.950.880.990.99-0.060.071.00.990.960.07-0.990.890.99-0.720.481.01.0-0.98-0.62-0.68-0.620.71-0.57
1.00.970.960.91.00.98-0.040.041.00.990.960.04-0.990.90.98-0.730.51.01.0-0.98-0.64-0.7-0.640.73-0.58
1.00.970.960.91.00.98-0.030.031.00.990.950.03-0.990.90.98-0.740.511.01.0-0.98-0.65-0.7-0.650.73-0.58
-0.99-0.92-0.99-0.96-0.99-0.93-0.140.14-0.99-0.98-0.890.140.98-0.96-0.940.84-0.65-0.98-0.98-0.980.770.810.77-0.840.66
-0.67-0.49-0.79-0.85-0.69-0.51-0.740.7-0.68-0.71-0.430.70.71-0.87-0.520.99-0.99-0.62-0.64-0.650.771.01.0-0.950.87
-0.73-0.55-0.84-0.89-0.75-0.57-0.690.66-0.73-0.76-0.490.660.76-0.9-0.581.0-0.97-0.68-0.7-0.70.811.01.0-0.960.87
-0.67-0.49-0.79-0.85-0.69-0.51-0.740.7-0.68-0.71-0.430.70.71-0.87-0.520.99-0.99-0.62-0.64-0.650.771.01.0-0.950.87
0.760.560.890.950.780.590.62-0.650.770.750.5-0.65-0.750.950.6-0.950.910.710.730.73-0.84-0.95-0.96-0.95-0.7
-0.59-0.51-0.62-0.63-0.6-0.52-0.580.45-0.59-0.69-0.480.450.69-0.67-0.530.88-0.86-0.57-0.58-0.580.660.870.870.87-0.7
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Royalty Management Account Relationship Matchups

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