Rumble Total Current Liabilities vs Property Plant Equipment 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 Total Current Liabilities and its Property Plant Equipment 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.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Resources Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Rumble Resources' Total Current Liabilities and Property Plant Equipment is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment 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' Total Current Liabilities and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Rumble Resources are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Liabilities i.e., Rumble Resources' Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Liabilities

Total Current Liabilities is an item on Rumble Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rumble Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant Equipment

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 Revenue	31.7K	78.3K	70.4K	112.4K
Depreciation And Amortization	157.9K	183.6K	471.8K	495.4K

Total Revenue Depreciation And Amortization

Rumble Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Cash	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Net Tangible Assets	Non Currrent Assets Other	Other Assets
Total Assets		0.31	0.93	1.0	0.56	0.53	0.88	0.02	0.92	1.0	0.91	0.59	-0.56	-0.95	0.84	0.92	0.56	0.85	0.83	0.91	0.57	0.02	-0.05	1.0	0.92	0.39
Other Current Liab	0.31		0.48	0.31	-0.07	0.04	0.26	0.12	0.49	0.31	0.42	0.0	0.07	-0.29	0.33	0.4	-0.07	0.17	0.18	0.42	-0.06	0.17	0.24	0.3	0.4	0.22
Total Current Liabilities	0.93	0.48		0.92	0.4	0.56	0.82	-0.05	1.0	0.92	0.9	0.43	-0.4	-0.9	0.91	0.91	0.4	0.76	0.8	0.9	0.41	0.19	0.03	0.91	0.91	0.33
Total Stockholder Equity	1.0	0.31	0.92		0.56	0.52	0.88	0.02	0.92	1.0	0.91	0.59	-0.57	-0.95	0.83	0.92	0.57	0.85	0.83	0.91	0.57	0.01	-0.06	1.0	0.92	0.39
Cash	0.56	-0.07	0.4	0.56		0.77	0.39	-0.27	0.4	0.5	0.17	-0.12	-1.0	-0.43	0.49	0.19	1.0	0.42	0.39	0.16	1.0	-0.11	0.21	0.55	0.2	0.24
Net Receivables	0.53	0.04	0.56	0.52	0.77		0.44	-0.23	0.56	0.48	0.25	-0.18	-0.77	-0.44	0.75	0.26	0.77	0.45	0.37	0.24	0.78	0.04	0.06	0.51	0.26	0.3
Common Stock Shares Outstanding	0.88	0.26	0.82	0.88	0.39	0.44		-0.09	0.82	0.9	0.87	0.58	-0.4	-0.9	0.75	0.86	0.4	0.98	0.68	0.87	0.4	-0.32	-0.26	0.9	0.88	0.7
Other Current Assets	0.02	0.12	-0.05	0.02	-0.27	-0.23	-0.09		-0.06	0.04	0.17	0.44	0.27	-0.02	-0.08	0.15	-0.27	-0.08	0.02	0.17	-0.28	0.07	-0.05	0.04	0.15	-0.09
Total Liab	0.92	0.49	1.0	0.92	0.4	0.56	0.82	-0.06		0.92	0.89	0.43	-0.4	-0.9	0.91	0.91	0.4	0.76	0.79	0.89	0.41	0.19	0.03	0.91	0.9	0.33
Common Stock	1.0	0.31	0.92	1.0	0.5	0.48	0.9	0.04	0.92		0.93	0.63	-0.51	-0.98	0.81	0.94	0.51	0.87	0.86	0.93	0.51	0.0	-0.07	0.99	0.94	0.4
Property Plant Equipment	0.91	0.42	0.9	0.91	0.17	0.25	0.87	0.17	0.89	0.93		0.75	-0.17	-0.91	0.75	1.0	0.17	0.81	0.76	1.0	0.18	0.02	-0.19	0.91	1.0	0.39
Property Plant And Equipment Net	0.59	0.0	0.43	0.59	-0.12	-0.18	0.58	0.44	0.43	0.63	0.75		0.11	-0.62	0.29	0.75	-0.11	0.54	0.57	0.75	-0.11	-0.05	-0.37	0.61	0.75	0.15
Net Debt	-0.56	0.07	-0.4	-0.57	-1.0	-0.77	-0.4	0.27	-0.4	-0.51	-0.17	0.11		0.44	-0.49	-0.2	-1.0	-0.43	-0.39	-0.17	-1.0	0.12	-0.2	-0.56	-0.2	-0.25
Retained Earnings	-0.95	-0.29	-0.9	-0.95	-0.43	-0.44	-0.9	-0.02	-0.9	-0.98	-0.91	-0.62	0.44		-0.79	-0.92	-0.44	-0.9	-0.91	-0.91	-0.44	0.01	0.05	-0.94	-0.93	-0.42
Accounts Payable	0.84	0.33	0.91	0.83	0.49	0.75	0.75	-0.08	0.91	0.81	0.75	0.29	-0.49	-0.79		0.76	0.49	0.7	0.65	0.75	0.5	0.16	-0.07	0.82	0.76	0.41
Non Current Assets Total	0.92	0.4	0.91	0.92	0.19	0.26	0.86	0.15	0.91	0.94	1.0	0.75	-0.2	-0.92	0.76		0.2	0.8	0.8	1.0	0.2	0.08	-0.16	0.92	1.0	0.34
Cash And Short Term Investments	0.56	-0.07	0.4	0.57	1.0	0.77	0.4	-0.27	0.4	0.51	0.17	-0.11	-1.0	-0.44	0.49	0.2		0.43	0.39	0.17	1.0	-0.12	0.21	0.56	0.2	0.25
Common Stock Total Equity	0.85	0.17	0.76	0.85	0.42	0.45	0.98	-0.08	0.76	0.87	0.81	0.54	-0.43	-0.9	0.7	0.8	0.43		0.69	0.81	0.43	-0.39	-0.25	0.86	0.82	0.7
Short Term Investments	0.83	0.18	0.8	0.83	0.39	0.37	0.68	0.02	0.79	0.86	0.76	0.57	-0.39	-0.91	0.65	0.8	0.39	0.69		0.76	0.4	0.29	0.06	0.8	0.79	0.11
Property Plant And Equipment Gross	0.91	0.42	0.9	0.91	0.16	0.24	0.87	0.17	0.89	0.93	1.0	0.75	-0.17	-0.91	0.75	1.0	0.17	0.81	0.76		0.17	0.02	-0.19	0.91	1.0	0.38
Total Current Assets	0.57	-0.06	0.41	0.57	1.0	0.78	0.4	-0.28	0.41	0.51	0.18	-0.11	-1.0	-0.44	0.5	0.2	1.0	0.43	0.4	0.17		-0.11	0.21	0.56	0.21	0.25
Short Term Debt	0.02	0.17	0.19	0.01	-0.11	0.04	-0.32	0.07	0.19	0.0	0.02	-0.05	0.12	0.01	0.16	0.08	-0.12	-0.39	0.29	0.02	-0.11		0.27	-0.04	0.03	-0.69
Inventory	-0.05	0.24	0.03	-0.06	0.21	0.06	-0.26	-0.05	0.03	-0.07	-0.19	-0.37	-0.2	0.05	-0.07	-0.16	0.21	-0.25	0.06	-0.19	0.21	0.27		-0.09	-0.17	-0.16
Net Tangible Assets	1.0	0.3	0.91	1.0	0.55	0.51	0.9	0.04	0.91	0.99	0.91	0.61	-0.56	-0.94	0.82	0.92	0.56	0.86	0.8	0.91	0.56	-0.04	-0.09		0.92	0.42
Non Currrent Assets Other	0.92	0.4	0.91	0.92	0.2	0.26	0.88	0.15	0.9	0.94	1.0	0.75	-0.2	-0.93	0.76	1.0	0.2	0.82	0.79	1.0	0.21	0.03	-0.17	0.92		0.37
Other Assets	0.39	0.22	0.33	0.39	0.24	0.3	0.7	-0.09	0.33	0.4	0.39	0.15	-0.25	-0.42	0.41	0.34	0.25	0.7	0.11	0.38	0.25	-0.69	-0.16	0.42	0.37

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Rumble Resources Account Relationship Matchups

Rumble Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.3M	56.9M	58.1M	54.1M	59.7M	62.7M
Other Current Liab	124.9K	202.6K	668.1K	1.6M	409.2K	498.3K
Total Current Liabilities	794.2K	1.4M	3.5M	3.2M	2.3M	2.4M
Total Stockholder Equity	14.5M	55.4M	54.5M	50.8M	57.4M	60.3M
Cash	6.2M	39.7M	17.9M	4.2M	2.3M	2.2M
Net Receivables	237.3K	482.3K	704.2K	151.6K	87.2K	82.8K
Common Stock Shares Outstanding	435.1M	536.3M	618.1M	624.7M	694.9M	729.6M
Other Current Assets	235.54	192.86	0.0	223.28	46.6K	48.9K
Total Liab	809.9K	1.4M	3.6M	3.3M	2.3M	2.4M
Common Stock	29.0M	69.5M	72.0M	72.9M	83.1M	87.3M
Property Plant Equipment	8.6M	16.6M	39.5M	49.5M	57.0M	59.8M
Property Plant And Equipment Net	73.5K	300.2K	646.8K	484.4K	57.2M	60.1M
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 Payable	650.1K	1.2M	2.7M	1.6M	1.8M	914.6K
Non Current Assets Total	8.6M	16.6M	39.5M	49.5M	57.2M	60.1M
Cash And Short Term Investments	6.4M	39.9M	17.9M	4.4M	2.3M	2.2M
Short Term Investments	21.97	235.5K	192.9K	223.3K	256.8K	269.6K
Liabilities And Stockholders Equity	15.3M	56.9M	58.1M	54.1M	59.7M	62.7M
Property Plant And Equipment Gross	8.6M	16.6M	39.5M	50.0M	57.5M	60.4M
Total Current Assets	6.7M	40.3M	18.6M	4.6M	2.4M	2.3M
Accumulated Other Comprehensive Income	2.8M	4.0M	3.6M	1.2M	1.3M	2.1M
Inventory	(235.54)	(192.86)	0.0	(223.28)	(87.2K)	(82.8K)
Net Tangible Assets	14.5M	55.4M	54.5M	50.8M	58.4M	61.3M
Non Currrent Assets Other	8.5M	16.2M	38.8M	49.1M	56.8M	59.7M
Net Invested Capital	14.5M	55.4M	54.5M	50.8M	58.4M	30.1M
Net Working Capital	5.9M	38.9M	15.1M	1.3M	1.5M	1.4M
Current Deferred Revenue	124.7K	202.4K	667.4K	1.6M	108.9K	103.5K
Capital Stock	29.0M	69.5M	72.0M	72.9M	83.9M	57.9M

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