Rumble Dividends Paid vs Change To Inventory Analysis

RTR Stock   0.05  0.01  13.64%   
Rumble Resources financial indicator trend analysis is much more than just breaking down Rumble Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rumble Resources is a good investment. Please check the relationship between Rumble Resources Dividends Paid and its Change To Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble 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.

Dividends Paid vs Change To Inventory

Dividends Paid vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Resources Dividends Paid account and Change To Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Rumble Resources' Dividends Paid and Change To Inventory is -0.86. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Rumble Resources, assuming nothing else is changed. The correlation between historical values of Rumble Resources' Dividends Paid and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Rumble Resources are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Dividends Paid i.e., Rumble Resources' Dividends Paid and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Rumble Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rumble 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 Rumble 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 gain to about 370.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue31.7K78.3K70.4K112.4K
Depreciation And Amortization157.9K183.6K471.8K495.4K

Rumble Resources fundamental ratios Correlations

0.310.931.00.560.530.880.020.921.00.910.59-0.56-0.950.840.920.560.850.830.910.570.02-0.051.00.920.39
0.310.480.31-0.070.040.260.120.490.310.420.00.07-0.290.330.4-0.070.170.180.42-0.060.170.240.30.40.22
0.930.480.920.40.560.82-0.051.00.920.90.43-0.4-0.90.910.910.40.760.80.90.410.190.030.910.910.33
1.00.310.920.560.520.880.020.921.00.910.59-0.57-0.950.830.920.570.850.830.910.570.01-0.061.00.920.39
0.56-0.070.40.560.770.39-0.270.40.50.17-0.12-1.0-0.430.490.191.00.420.390.161.0-0.110.210.550.20.24
0.530.040.560.520.770.44-0.230.560.480.25-0.18-0.77-0.440.750.260.770.450.370.240.780.040.060.510.260.3
0.880.260.820.880.390.44-0.090.820.90.870.58-0.4-0.90.750.860.40.980.680.870.4-0.32-0.260.90.880.7
0.020.12-0.050.02-0.27-0.23-0.09-0.060.040.170.440.27-0.02-0.080.15-0.27-0.080.020.17-0.280.07-0.050.040.15-0.09
0.920.491.00.920.40.560.82-0.060.920.890.43-0.4-0.90.910.910.40.760.790.890.410.190.030.910.90.33
1.00.310.921.00.50.480.90.040.920.930.63-0.51-0.980.810.940.510.870.860.930.510.0-0.070.990.940.4
0.910.420.90.910.170.250.870.170.890.930.75-0.17-0.910.751.00.170.810.761.00.180.02-0.190.911.00.39
0.590.00.430.59-0.12-0.180.580.440.430.630.750.11-0.620.290.75-0.110.540.570.75-0.11-0.05-0.370.610.750.15
-0.560.07-0.4-0.57-1.0-0.77-0.40.27-0.4-0.51-0.170.110.44-0.49-0.2-1.0-0.43-0.39-0.17-1.00.12-0.2-0.56-0.2-0.25
-0.95-0.29-0.9-0.95-0.43-0.44-0.9-0.02-0.9-0.98-0.91-0.620.44-0.79-0.92-0.44-0.9-0.91-0.91-0.440.010.05-0.94-0.93-0.42
0.840.330.910.830.490.750.75-0.080.910.810.750.29-0.49-0.790.760.490.70.650.750.50.16-0.070.820.760.41
0.920.40.910.920.190.260.860.150.910.941.00.75-0.2-0.920.760.20.80.81.00.20.08-0.160.921.00.34
0.56-0.070.40.571.00.770.4-0.270.40.510.17-0.11-1.0-0.440.490.20.430.390.171.0-0.120.210.560.20.25
0.850.170.760.850.420.450.98-0.080.760.870.810.54-0.43-0.90.70.80.430.690.810.43-0.39-0.250.860.820.7
0.830.180.80.830.390.370.680.020.790.860.760.57-0.39-0.910.650.80.390.690.760.40.290.060.80.790.11
0.910.420.90.910.160.240.870.170.890.931.00.75-0.17-0.910.751.00.170.810.760.170.02-0.190.911.00.38
0.57-0.060.410.571.00.780.4-0.280.410.510.18-0.11-1.0-0.440.50.21.00.430.40.17-0.110.210.560.210.25
0.020.170.190.01-0.110.04-0.320.070.190.00.02-0.050.120.010.160.08-0.12-0.390.290.02-0.110.27-0.040.03-0.69
-0.050.240.03-0.060.210.06-0.26-0.050.03-0.07-0.19-0.37-0.20.05-0.07-0.160.21-0.250.06-0.190.210.27-0.09-0.17-0.16
1.00.30.911.00.550.510.90.040.910.990.910.61-0.56-0.940.820.920.560.860.80.910.56-0.04-0.090.920.42
0.920.40.910.920.20.260.880.150.90.941.00.75-0.2-0.930.761.00.20.820.791.00.210.03-0.170.920.37
0.390.220.330.390.240.30.7-0.090.330.40.390.15-0.25-0.420.410.340.250.70.110.380.25-0.69-0.160.420.37
Click cells to compare fundamentals

Rumble Resources Account Relationship Matchups

Rumble Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.3M56.9M58.1M54.1M59.7M62.7M
Other Current Liab124.9K202.6K668.1K1.6M409.2K498.3K
Total Current Liabilities794.2K1.4M3.5M3.2M2.3M2.4M
Total Stockholder Equity14.5M55.4M54.5M50.8M57.4M60.3M
Cash6.2M39.7M17.9M4.2M2.3M2.2M
Net Receivables237.3K482.3K704.2K151.6K87.2K82.8K
Common Stock Shares Outstanding435.1M536.3M618.1M624.7M694.9M729.6M
Other Current Assets235.54192.860.0223.2846.6K48.9K
Total Liab809.9K1.4M3.6M3.3M2.3M2.4M
Common Stock29.0M69.5M72.0M72.9M83.1M87.3M
Property Plant Equipment8.6M16.6M39.5M49.5M57.0M59.8M
Property Plant And Equipment Net73.5K300.2K646.8K484.4K57.2M60.1M
Net Debt(6.2M)(39.6M)(17.7M)(4.1M)(2.2M)(2.4M)
Retained Earnings(17.5M)(18.2M)(21.2M)(23.3M)(27.1M)(25.7M)
Accounts Payable650.1K1.2M2.7M1.6M1.8M914.6K
Non Current Assets Total8.6M16.6M39.5M49.5M57.2M60.1M
Cash And Short Term Investments6.4M39.9M17.9M4.4M2.3M2.2M
Short Term Investments21.97235.5K192.9K223.3K256.8K269.6K
Liabilities And Stockholders Equity15.3M56.9M58.1M54.1M59.7M62.7M
Property Plant And Equipment Gross8.6M16.6M39.5M50.0M57.5M60.4M
Total Current Assets6.7M40.3M18.6M4.6M2.4M2.3M
Accumulated Other Comprehensive Income2.8M4.0M3.6M1.2M1.3M2.1M
Inventory(235.54)(192.86)0.0(223.28)(87.2K)(82.8K)
Net Tangible Assets14.5M55.4M54.5M50.8M58.4M61.3M
Non Currrent Assets Other8.5M16.2M38.8M49.1M56.8M59.7M
Net Invested Capital14.5M55.4M54.5M50.8M58.4M30.1M
Net Working Capital5.9M38.9M15.1M1.3M1.5M1.4M
Current Deferred Revenue124.7K202.4K667.4K1.6M108.9K103.5K
Capital Stock29.0M69.5M72.0M72.9M83.9M57.9M

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