Rathdowney Non Current Assets Total vs Non Currrent Assets Other Analysis

RTH Stock

CAD 0.02 0.00 0.00%

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

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rathdowney Resources Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Rathdowney Resources' Non Current Assets Total and Non Currrent Assets Other is 0.87. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Rathdowney Resources, assuming nothing else is changed. The correlation between historical values of Rathdowney Resources' Non Current Assets Total and Non Currrent Assets Other 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 Rathdowney Resources are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Rathdowney Resources' Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Rathdowney Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rathdowney 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 Rathdowney 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 climb to about 1.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Rathdowney Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Cash	Net Receivables	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Short Long Term Debt	Short Term Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Net Debt	Long Term Debt	Capital Stock	Property Plant And Equipment Net
Total Assets		-0.55	-0.78	0.9	0.91	0.84	0.98	0.71	0.92	-0.55	-0.79	0.99	-0.74	0.85	0.46	0.73	0.67	-0.71	0.37	-0.56	0.76	0.73	-0.56	-0.67	-0.48	0.62
Other Current Liab	-0.55		0.88	-0.76	-0.65	-0.71	-0.45	-0.44	-0.42	0.42	0.71	-0.46	0.66	-0.55	-0.36	-0.77	-0.5	0.76	-0.69	0.94	-0.85	-0.9	0.61	0.65	0.84	-0.92
Total Current Liabilities	-0.78	0.88		-0.97	-0.91	-0.93	-0.7	-0.69	-0.69	0.6	0.91	-0.71	0.86	-0.84	-0.53	-0.9	-0.71	0.9	-0.65	0.86	-0.98	-0.98	0.76	0.85	0.79	-0.93
Total Stockholder Equity	0.9	-0.76	-0.97		0.98	0.95	0.83	0.77	0.81	-0.61	-0.94	0.84	-0.87	0.9	0.53	0.9	0.76	-0.88	0.53	-0.77	0.96	0.94	-0.76	-0.87	-0.69	0.84
Net Tangible Assets	0.91	-0.65	-0.91	0.98		0.93	0.86	0.8	0.85	-0.62	-0.94	0.87	-0.84	0.92	0.47	0.87	0.77	-0.81	0.36	-0.68	0.9	0.86	-0.66	-0.86	-0.53	0.73
Retained Earnings	0.84	-0.71	-0.93	0.95	0.93		0.79	0.72	0.83	-0.79	-0.89	0.8	-0.95	0.97	0.59	0.79	0.64	-0.85	0.51	-0.69	0.88	0.86	-0.66	-0.78	-0.62	0.77
Cash	0.98	-0.45	-0.7	0.83	0.86	0.79		0.62	0.95	-0.59	-0.71	1.0	-0.69	0.82	0.46	0.6	0.57	-0.66	0.31	-0.46	0.66	0.63	-0.51	-0.59	-0.4	0.51
Net Receivables	0.71	-0.44	-0.69	0.77	0.8	0.72	0.62		0.57	-0.35	-0.76	0.64	-0.68	0.72	0.2	0.72	0.65	-0.53	0.25	-0.49	0.72	0.68	-0.65	-0.83	-0.4	0.57
Short Term Investments	0.92	-0.42	-0.69	0.81	0.85	0.83	0.95	0.57		-0.73	-0.72	0.95	-0.74	0.89	0.5	0.55	0.48	-0.64	0.26	-0.43	0.61	0.58	-0.44	-0.56	-0.36	0.48
Other Stockholder Equity	-0.55	0.42	0.6	-0.61	-0.62	-0.79	-0.59	-0.35	-0.73		0.62	-0.59	0.82	-0.81	-0.62	-0.34	-0.13	0.67	-0.22	0.46	-0.47	-0.47	0.37	0.43	0.38	-0.45
Total Liab	-0.79	0.71	0.91	-0.94	-0.94	-0.89	-0.71	-0.76	-0.72	0.62		-0.72	0.88	-0.86	-0.47	-0.88	-0.76	0.89	-0.32	0.8	-0.91	-0.9	0.77	0.89	0.64	-0.79
Total Current Assets	0.99	-0.46	-0.71	0.84	0.87	0.8	1.0	0.64	0.95	-0.59	-0.72		-0.7	0.83	0.46	0.61	0.58	-0.67	0.32	-0.47	0.67	0.64	-0.52	-0.61	-0.41	0.52
Common Stock	-0.74	0.66	0.86	-0.87	-0.84	-0.95	-0.69	-0.68	-0.74	0.82	0.88	-0.7		-0.93	-0.66	-0.72	-0.6	0.88	-0.45	0.72	-0.8	-0.8	0.69	0.72	0.68	-0.72
Property Plant Equipment	0.85	-0.55	-0.84	0.9	0.92	0.97	0.82	0.72	0.89	-0.81	-0.86	0.83	-0.93		0.55	0.72	0.63	-0.77	0.34	-0.56	0.77	0.74	-0.56	-0.71	-0.47	0.62
Accounts Payable	0.46	-0.36	-0.53	0.53	0.47	0.59	0.46	0.2	0.5	-0.62	-0.47	0.46	-0.66	0.55		0.4	0.29	-0.69	0.55	-0.41	0.48	0.48	-0.41	-0.36	-0.63	0.48
Non Current Assets Total	0.73	-0.77	-0.9	0.9	0.87	0.79	0.6	0.72	0.55	-0.34	-0.88	0.61	-0.72	0.72	0.4		0.87	-0.77	0.47	-0.79	0.95	0.92	-0.62	-0.79	-0.65	0.87
Non Currrent Assets Other	0.67	-0.5	-0.71	0.76	0.77	0.64	0.57	0.65	0.48	-0.13	-0.76	0.58	-0.6	0.63	0.29	0.87		-0.63	0.29	-0.53	0.79	0.74	-0.55	-0.66	-0.44	0.56
Short Long Term Debt	-0.71	0.76	0.9	-0.88	-0.81	-0.85	-0.66	-0.53	-0.64	0.67	0.89	-0.67	0.88	-0.77	-0.69	-0.77	-0.63		-0.56	0.83	-0.88	-0.9	0.83	0.76	0.83	-0.83
Short Term Debt	0.37	-0.69	-0.65	0.53	0.36	0.51	0.31	0.25	0.26	-0.22	-0.32	0.32	-0.45	0.34	0.55	0.47	0.29	-0.56		-0.53	0.61	0.65	-0.54	-0.41	-0.81	0.71
Common Stock Shares Outstanding	-0.56	0.94	0.86	-0.77	-0.68	-0.69	-0.46	-0.49	-0.43	0.46	0.8	-0.47	0.72	-0.56	-0.41	-0.79	-0.53	0.83	-0.53		-0.84	-0.9	0.67	0.69	0.86	-0.91
Net Invested Capital	0.76	-0.85	-0.98	0.96	0.9	0.88	0.66	0.72	0.61	-0.47	-0.91	0.67	-0.8	0.77	0.48	0.95	0.79	-0.88	0.61	-0.84		0.99	-0.77	-0.88	-0.76	0.92
Net Working Capital	0.73	-0.9	-0.98	0.94	0.86	0.86	0.63	0.68	0.58	-0.47	-0.9	0.64	-0.8	0.74	0.48	0.92	0.74	-0.9	0.65	-0.9	0.99		-0.8	-0.86	-0.82	0.95
Net Debt	-0.56	0.61	0.76	-0.76	-0.66	-0.66	-0.51	-0.65	-0.44	0.37	0.77	-0.52	0.69	-0.56	-0.41	-0.62	-0.55	0.83	-0.54	0.67	-0.77	-0.8		0.85	0.76	-0.69
Long Term Debt	-0.67	0.65	0.85	-0.87	-0.86	-0.78	-0.59	-0.83	-0.56	0.43	0.89	-0.61	0.72	-0.71	-0.36	-0.79	-0.66	0.76	-0.41	0.69	-0.88	-0.86	0.85		0.6	-0.73
Capital Stock	-0.48	0.84	0.79	-0.69	-0.53	-0.62	-0.4	-0.4	-0.36	0.38	0.64	-0.41	0.68	-0.47	-0.63	-0.65	-0.44	0.83	-0.81	0.86	-0.76	-0.82	0.76	0.6		-0.86
Property Plant And Equipment Net	0.62	-0.92	-0.93	0.84	0.73	0.77	0.51	0.57	0.48	-0.45	-0.79	0.52	-0.72	0.62	0.48	0.87	0.56	-0.83	0.71	-0.91	0.92	0.95	-0.69	-0.73	-0.86

Click cells to compare fundamentals

Rathdowney Resources Account Relationship Matchups

Rathdowney Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	736.3K	556.9K	687.8K	182.5K	100.2K	95.2K
Other Current Liab	191.1K	242.7K	182.8K	9.6M	11.0M	11.5M
Total Current Liabilities	7.4M	8.6M	10.9M	12.6M	14.6M	15.3M
Total Stockholder Equity	(9.0M)	(9.8M)	(10.2M)	(12.5M)	(14.5M)	(13.8M)
Net Tangible Assets	(5.8M)	(9.0M)	(9.8M)	(10.2M)	(9.2M)	(8.7M)
Retained Earnings	(69.7M)	(72.2M)	(74.5M)	(76.8M)	(78.8M)	(82.7M)
Cash	55.6K	490.6K	611.9K	76.3K	50.3K	47.8K
Net Receivables	121.8K	35.7K	35.8K	70.2K	63.1K	76.3K
Other Stockholder Equity	3.2M	3.6M	4.2M	4.9M	5.6M	4.2M
Total Liab	9.7M	10.4M	10.9M	12.6M	14.6M	7.4M
Total Current Assets	109.1K	550.9K	682.1K	178.7K	98.3K	93.4K
Property Plant Equipment	13.7K	11.1K	6.0K	5.7K	5.1K	4.9K
Accounts Payable	242.7K	182.8K	214.5K	304.0K	121.6K	167.4K
Non Current Assets Total	627.1K	6.0K	5.7K	3.8K	1.9K	1.8K
Net Invested Capital	(6.7M)	(8.0M)	(8.9M)	(10.6M)	(11.6M)	(12.2M)
Net Working Capital	(7.3M)	(8.0M)	(10.2M)	(12.5M)	(14.5M)	(13.8M)
Net Debt	2.3M	1.3M	732.4K	1.8M	2.8M	1.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Rathdowney Stock Analysis

When running Rathdowney Resources' price analysis, check to measure Rathdowney Resources' 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 Rathdowney Resources is operating at the current time. Most of Rathdowney Resources' value examination focuses on studying past and present price action to predict the probability of Rathdowney Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rathdowney Resources' price. Additionally, you may evaluate how the addition of Rathdowney Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC