Rivalry Capex To Depreciation vs Ptb Ratio Analysis

RVLY Stock   0.16  0.02  14.29%   
Rivalry Corp financial indicator trend analysis is much more than just breaking down Rivalry Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rivalry Corp is a good investment. Please check the relationship between Rivalry Corp Capex To Depreciation and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rivalry Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Capex To Depreciation vs Ptb Ratio

Capex To Depreciation vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rivalry Corp Capex To Depreciation account and Ptb Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rivalry Corp's Capex To Depreciation and Ptb Ratio is 0.8. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Rivalry Corp, assuming nothing else is changed. The correlation between historical values of Rivalry Corp's Capex To Depreciation and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Rivalry Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Depreciation i.e., Rivalry Corp's Capex To Depreciation and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Rivalry Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rivalry Corp 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 Rivalry Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Sales General And Administrative To Revenue is likely to climb to 2.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 27.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.2M9.8M18.2M19.1M
Total Revenue11.1M9.8M16.2M10.6M

Rivalry Corp fundamental ratios Correlations

-0.76-0.840.78-0.790.56-0.83-0.67-0.810.66-0.67-0.34-0.41-0.73-0.62-0.54-0.8-0.56-0.03-0.83-0.64-0.62-0.56-0.86-0.6-0.54
-0.760.92-0.940.92-0.130.920.590.92-0.910.540.160.70.60.90.680.840.640.320.950.740.460.840.940.430.55
-0.840.92-0.961.0-0.091.00.791.0-0.940.720.310.480.810.720.70.960.720.040.950.80.670.660.990.650.7
0.78-0.94-0.96-0.960.15-0.96-0.58-0.960.89-0.5-0.04-0.63-0.61-0.85-0.82-0.97-0.84-0.24-0.89-0.91-0.43-0.78-0.94-0.41-0.8
-0.790.921.0-0.96-0.021.00.781.0-0.960.710.30.480.80.720.70.950.730.040.940.810.660.650.980.640.71
0.56-0.13-0.090.15-0.02-0.080.16-0.05-0.20.120.23-0.290.08-0.28-0.2-0.15-0.21-0.28-0.09-0.220.15-0.28-0.110.15-0.2
-0.830.921.0-0.961.0-0.080.781.0-0.940.720.30.480.80.730.70.960.730.040.940.810.660.660.990.640.71
-0.670.590.79-0.580.780.160.780.78-0.80.990.81-0.031.00.220.250.650.27-0.450.790.350.980.160.80.980.29
-0.810.921.0-0.961.0-0.051.00.78-0.950.720.30.480.80.720.70.960.730.040.940.810.660.660.980.640.71
0.66-0.91-0.940.89-0.96-0.2-0.94-0.8-0.95-0.74-0.39-0.44-0.79-0.68-0.6-0.85-0.58-0.02-0.94-0.67-0.68-0.62-0.95-0.66-0.53
-0.670.540.72-0.50.710.120.720.990.72-0.740.87-0.090.990.150.180.580.18-0.50.760.261.00.090.760.990.19
-0.340.160.31-0.040.30.230.30.810.3-0.390.87-0.340.78-0.21-0.310.1-0.33-0.580.41-0.260.89-0.220.370.9-0.31
-0.410.70.48-0.630.48-0.290.48-0.030.48-0.44-0.09-0.34-0.020.930.360.430.390.890.450.48-0.170.970.47-0.20.36
-0.730.60.81-0.610.80.080.81.00.8-0.790.990.78-0.020.230.290.690.32-0.440.790.40.980.170.820.970.35
-0.620.90.72-0.850.72-0.280.730.220.72-0.680.15-0.210.930.230.630.690.610.680.720.70.060.980.730.030.54
-0.540.680.7-0.820.7-0.20.70.250.7-0.60.18-0.310.360.290.630.840.960.080.640.950.120.50.670.10.85
-0.80.840.96-0.970.95-0.150.960.650.96-0.850.580.10.430.690.690.840.890.030.850.930.520.610.920.50.87
-0.560.640.72-0.840.73-0.210.730.270.73-0.580.18-0.330.390.320.610.960.890.120.580.990.120.520.660.110.97
-0.030.320.04-0.240.04-0.280.04-0.450.04-0.02-0.5-0.580.89-0.440.680.080.030.120.010.17-0.560.770.03-0.580.11
-0.830.950.95-0.890.94-0.090.940.790.94-0.940.760.410.450.790.720.640.850.580.010.680.690.630.980.670.49
-0.640.740.8-0.910.81-0.220.810.350.81-0.670.26-0.260.480.40.70.950.930.990.170.680.20.610.750.180.95
-0.620.460.67-0.430.660.150.660.980.66-0.681.00.89-0.170.980.060.120.520.12-0.560.690.20.010.71.00.15
-0.560.840.66-0.780.65-0.280.660.160.66-0.620.09-0.220.970.170.980.50.610.520.770.630.610.010.65-0.020.47
-0.860.940.99-0.940.98-0.110.990.80.98-0.950.760.370.470.820.730.670.920.660.030.980.750.70.650.680.61
-0.60.430.65-0.410.640.150.640.980.64-0.660.990.9-0.20.970.030.10.50.11-0.580.670.181.0-0.020.680.14
-0.540.550.7-0.80.71-0.20.710.290.71-0.530.19-0.310.360.350.540.850.870.970.110.490.950.150.470.610.14
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Rivalry Corp Account Relationship Matchups

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