Richtech Net Debt vs Common Stock Analysis

RR Stock

0.84 0 0.58%

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

Net Debt vs Common Stock

Net Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richtech Robotics Class Net Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Richtech Robotics' Net Debt and Common Stock is -0.7. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Richtech Robotics Class, assuming nothing else is changed. The correlation between historical values of Richtech Robotics' Net Debt and Common Stock 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 Richtech Robotics Class are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Debt i.e., Richtech Robotics' Net Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Common Stock

Most indicators from Richtech Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richtech Robotics Class 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 Richtech Robotics Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Richtech Robotics' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/12/2024, Enterprise Value Over EBITDA is likely to grow to 763.80, while Selling General Administrative is likely to drop slightly above 2.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	18K	734K	844.1K	886.3K
Depreciation And Amortization	7K	13K	11.7K	9.6K

Interest Expense Depreciation And Amortization

Richtech Robotics 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	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Short Long Term Debt Total	Short Term Debt	Common Stock
Total Assets		0.86	0.91	1.0	0.84	0.91	-0.92	0.89	-0.86	0.99	-0.53	-0.86	0.92	-0.53	0.7	-0.53	0.48	1.0	0.91	1.0	0.85	1.0	0.99	0.98	0.98	-0.53
Other Current Liab	0.86		0.78	0.88	1.0	0.95	-0.94	0.53	-1.0	0.91	-0.54	-1.0	0.86	-0.54	0.97	-0.06	0.86	0.9	0.81	0.86	1.0	0.85	0.91	0.77	0.77	-0.54
Total Current Liabilities	0.91	0.78		0.91	0.76	0.93	-0.94	0.81	-0.79	0.89	-0.8	-0.79	0.99	-0.8	0.63	-0.63	0.44	0.9	1.0	0.91	0.77	0.91	0.91	0.94	0.93	-0.8
Total Stockholder Equity	1.0	0.88	0.91		0.86	0.93	-0.94	0.87	-0.88	1.0	-0.54	-0.88	0.93	-0.54	0.73	-0.49	0.52	1.0	0.92	1.0	0.88	1.0	1.0	0.98	0.98	-0.54
Property Plant And Equipment Net	0.84	1.0	0.76	0.86		0.94	-0.93	0.49	-1.0	0.89	-0.52	-1.0	0.84	-0.52	0.98	-0.02	0.88	0.88	0.79	0.83	1.0	0.83	0.89	0.74	0.74	-0.52
Net Debt	0.91	0.95	0.93	0.93	0.94		-1.0	0.66	-0.96	0.94	-0.7	-0.96	0.97	-0.7	0.87	-0.32	0.72	0.94	0.95	0.91	0.95	0.91	0.94	0.88	0.87	-0.7
Retained Earnings	-0.92	-0.94	-0.94	-0.94	-0.93	-1.0		-0.69	0.95	-0.94	0.7	0.95	-0.98	0.7	-0.85	0.35	-0.7	-0.94	-0.96	-0.92	-0.94	-0.92	-0.95	-0.89	-0.89	0.7
Accounts Payable	0.89	0.53	0.81	0.87	0.49	0.66	-0.69		-0.53	0.84	-0.41	-0.53	0.76	-0.41	0.29	-0.82	0.02	0.84	0.79	0.89	0.52	0.9	0.84	0.94	0.94	-0.41
Cash	-0.86	-1.0	-0.79	-0.88	-1.0	-0.96	0.95	-0.53		-0.91	0.54	1.0	-0.87	0.54	-0.96	0.07	-0.86	-0.9	-0.82	-0.86	-1.0	-0.85	-0.9	-0.77	-0.77	0.54
Non Current Assets Total	0.99	0.91	0.89	1.0	0.89	0.94	-0.94	0.84	-0.91		-0.52	-0.91	0.92	-0.52	0.77	-0.44	0.57	1.0	0.91	0.99	0.9	0.99	1.0	0.96	0.96	-0.52
Non Currrent Assets Other	-0.53	-0.54	-0.8	-0.54	-0.52	-0.7	0.7	-0.41	0.54	-0.52		0.54	-0.78	1.0	-0.47	0.46	-0.4	-0.53	-0.8	-0.53	-0.53	-0.53	-0.55	-0.58	-0.56	1.0
Cash And Short Term Investments	-0.86	-1.0	-0.79	-0.88	-1.0	-0.96	0.95	-0.53	1.0	-0.91	0.54		-0.87	0.54	-0.96	0.07	-0.86	-0.9	-0.82	-0.86	-1.0	-0.85	-0.9	-0.77	-0.77	0.54
Net Receivables	0.92	0.86	0.99	0.93	0.84	0.97	-0.98	0.76	-0.87	0.92	-0.78	-0.87		-0.78	0.73	-0.52	0.56	0.93	1.0	0.92	0.85	0.92	0.93	0.93	0.92	-0.78
Common Stock Shares Outstanding	-0.53	-0.54	-0.8	-0.54	-0.52	-0.7	0.7	-0.41	0.54	-0.52	1.0	0.54	-0.78		-0.47	0.46	-0.4	-0.53	-0.8	-0.53	-0.53	-0.53	-0.55	-0.58	-0.56	1.0
Non Current Liabilities Total	0.7	0.97	0.63	0.73	0.98	0.87	-0.85	0.29	-0.96	0.77	-0.47	-0.96	0.73	-0.47		0.18	0.96	0.76	0.67	0.7	0.97	0.69	0.77	0.58	0.58	-0.47
Inventory	-0.53	-0.06	-0.63	-0.49	-0.02	-0.32	0.35	-0.82	0.07	-0.44	0.46	0.07	-0.52	0.46	0.18		0.41	-0.45	-0.59	-0.53	-0.05	-0.54	-0.45	-0.67	-0.67	0.46
Other Current Assets	0.48	0.86	0.44	0.52	0.88	0.72	-0.7	0.02	-0.86	0.57	-0.4	-0.86	0.56	-0.4	0.96	0.41		0.56	0.49	0.48	0.87	0.46	0.56	0.34	0.34	-0.4
Other Stockholder Equity	1.0	0.9	0.9	1.0	0.88	0.94	-0.94	0.84	-0.9	1.0	-0.53	-0.9	0.93	-0.53	0.76	-0.45	0.56		0.91	1.0	0.9	0.99	1.0	0.96	0.97	-0.53
Total Liab	0.91	0.81	1.0	0.92	0.79	0.95	-0.96	0.79	-0.82	0.91	-0.8	-0.82	1.0	-0.8	0.67	-0.59	0.49	0.91		0.91	0.81	0.91	0.92	0.93	0.93	-0.8
Net Invested Capital	1.0	0.86	0.91	1.0	0.83	0.91	-0.92	0.89	-0.86	0.99	-0.53	-0.86	0.92	-0.53	0.7	-0.53	0.48	1.0	0.91		0.85	1.0	0.99	0.98	0.98	-0.53
Property Plant And Equipment Gross	0.85	1.0	0.77	0.88	1.0	0.95	-0.94	0.52	-1.0	0.9	-0.53	-1.0	0.85	-0.53	0.97	-0.05	0.87	0.9	0.81	0.85		0.84	0.9	0.76	0.76	-0.53
Total Current Assets	1.0	0.85	0.91	1.0	0.83	0.91	-0.92	0.9	-0.85	0.99	-0.53	-0.85	0.92	-0.53	0.69	-0.54	0.46	0.99	0.91	1.0	0.84		0.99	0.99	0.99	-0.53
Net Working Capital	0.99	0.91	0.91	1.0	0.89	0.94	-0.95	0.84	-0.9	1.0	-0.55	-0.9	0.93	-0.55	0.77	-0.45	0.56	1.0	0.92	0.99	0.9	0.99		0.96	0.96	-0.55
Short Long Term Debt Total	0.98	0.77	0.94	0.98	0.74	0.88	-0.89	0.94	-0.77	0.96	-0.58	-0.77	0.93	-0.58	0.58	-0.67	0.34	0.96	0.93	0.98	0.76	0.99	0.96		1.0	-0.58
Short Term Debt	0.98	0.77	0.93	0.98	0.74	0.87	-0.89	0.94	-0.77	0.96	-0.56	-0.77	0.92	-0.56	0.58	-0.67	0.34	0.97	0.93	0.98	0.76	0.99	0.96	1.0		-0.56
Common Stock	-0.53	-0.54	-0.8	-0.54	-0.52	-0.7	0.7	-0.41	0.54	-0.52	1.0	0.54	-0.78	1.0	-0.47	0.46	-0.4	-0.53	-0.8	-0.53	-0.53	-0.53	-0.55	-0.58	-0.56

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Richtech Robotics Account Relationship Matchups

Pair Trading with Richtech Robotics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Richtech Robotics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Richtech Robotics will appreciate offsetting losses from the drop in the long position's value.

Moving against Richtech Stock

0.74	B	Barnes Group	Pair Corr
0.74	DCI	Donaldson	Pair Corr
0.63	IR	Ingersoll Rand Sell-off Trend	Pair Corr
0.61	ETN	Eaton PLC	Pair Corr
0.58	BW	Babcock Wilcox Enter	Pair Corr

The ability to find closely correlated positions to Richtech Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richtech Robotics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Richtech Robotics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Richtech Robotics Class to buy it.

The correlation of Richtech Robotics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Richtech Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richtech Robotics Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Richtech Robotics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Richtech Stock Analysis

When running Richtech Robotics' price analysis, check to measure Richtech Robotics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Richtech Robotics is operating at the current time. Most of Richtech Robotics' value examination focuses on studying past and present price action to predict the probability of Richtech Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richtech Robotics' price. Additionally, you may evaluate how the addition of Richtech Robotics to your portfolios can decrease your overall portfolio volatility.

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Richtech Net Debt vs Common Stock Analysis

Net Debt vs Common Stock

Net Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock

Richtech Robotics fundamental ratios Correlations

Richtech Robotics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Richtech Robotics

Moving against Richtech Stock

Additional Tools for Richtech Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 1.0	Other Current Liab

Property Plant And Equipment Gross	- 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	- 1.0	Cash
Retained Earnings	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Property Plant And Equipment Net
Cash	- 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	- 1.0	Other Current Liab