Rivalry Other Non Cash Items vs Net Borrowings 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 Other Non Cash Items and its Net Borrowings 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.
Other Non Cash Items vs Net Borrowings
Other Non Cash Items vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rivalry Corp Other Non Cash Items account and Net Borrowings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rivalry Corp's Other Non Cash Items and Net Borrowings is 0.37. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Borrowings 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 Other Non Cash Items and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Rivalry Corp are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Other Non Cash Items i.e., Rivalry Corp's Other Non Cash Items and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Non Cash Items
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.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 Profit | 2.2M | 9.8M | 18.2M | 19.1M | Total Revenue | 11.1M | 9.8M | 16.2M | 10.6M |
Rivalry Corp fundamental ratios Correlations
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Rivalry Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Rivalry Corp's price analysis, check to measure Rivalry Corp's 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 Rivalry Corp is operating at the current time. Most of Rivalry Corp's value examination focuses on studying past and present price action to predict the probability of Rivalry Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rivalry Corp's price. Additionally, you may evaluate how the addition of Rivalry Corp to your portfolios can decrease your overall portfolio volatility.