Rathdowney Retained Earnings vs Other Stockholder Equity 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 Retained Earnings and its Other Stockholder Equity 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.
Retained Earnings vs Other Stockholder Equity
Retained Earnings vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rathdowney Resources Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Rathdowney Resources' Retained Earnings and Other Stockholder Equity is -0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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' Retained Earnings and Other Stockholder Equity 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 Rathdowney Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Rathdowney Resources' Retained Earnings and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | 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.Other Stockholder Equity
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
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Rathdowney Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.