Resverlogix Invested Capital vs Days Sales Outstanding Analysis
RVX Stock | CAD 0.06 0.01 8.33% |
Resverlogix Corp financial indicator trend analysis is much more than just breaking down Resverlogix Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resverlogix Corp is a good investment. Please check the relationship between Resverlogix Corp Invested Capital and its Days Sales Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resverlogix 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 board of governors.
Invested Capital vs Days Sales Outstanding
Invested Capital vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resverlogix Corp Invested Capital account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Resverlogix Corp's Invested Capital and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Resverlogix Corp, assuming nothing else is changed. The correlation between historical values of Resverlogix Corp's Invested Capital and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Resverlogix Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Invested Capital i.e., Resverlogix Corp's Invested Capital and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Resverlogix Corp. There are two different methods for calculating Resverlogix Corp invested capital: operating approach and financing approach. Understanding Resverlogix Corp invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Days Sales Outstanding
Most indicators from Resverlogix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resverlogix 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 Resverlogix 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 board of governors. At this time, Resverlogix Corp's Selling General Administrative is very stable compared to the past year. As of the 2nd of December 2024, Tax Provision is likely to grow to about 15.8 K, while Issuance Of Capital Stock is likely to drop about 264.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 4.5M | 5.5M | 3.2M | 3.0M | Depreciation And Amortization | 1.1M | 1.0M | 1.2M | 1.2M |
Resverlogix Corp fundamental ratios Correlations
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Resverlogix Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Resverlogix Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.4M | 10.7M | 10.0M | 8.1M | 6.5M | 6.2M | |
Other Current Liab | 57K | 4.1M | (7.0M) | (11.9M) | 577K | 548.2K | |
Total Current Liabilities | 28.7M | 11.8M | 17.4M | 22.7M | 26.9M | 19.1M | |
Total Stockholder Equity | (64.1M) | (39.9M) | (59.9M) | (59.3M) | (74.5M) | (70.8M) | |
Net Debt | 13.2M | (87.0) | 7.0M | 6.5M | 6.7M | 7.7M | |
Retained Earnings | (418.9M) | (417.3M) | (442.1M) | (445.7M) | (462.4M) | (439.3M) | |
Accounts Payable | 7.9M | 6.9M | 8.7M | 14.1M | 14.5M | 15.3M | |
Cash | 4K | 87K | 6K | 40K | 5K | 4.8K | |
Cash And Short Term Investments | 4K | 87K | 6K | 40K | 36K | 34.2K | |
Net Receivables | 920K | 848K | 310K | 323K | 371.5K | 352.9K | |
Common Stock Shares Outstanding | 221.4M | 235.0M | 239.9M | 254.4M | 272.4M | 286.0M | |
Liabilities And Stockholders Equity | 11.4M | 10.7M | 10.0M | 8.1M | 9.3M | 13.3M | |
Non Current Liabilities Total | 46.8M | 38K | 52.4M | 44.7M | 54.1M | 37.4M | |
Other Stockholder Equity | 50.7M | 1.1M | 55.3M | 55.0M | 63.2M | 53.4M | |
Total Liab | 75.5M | 50.6M | 69.9M | 67.4M | 81.0M | 54.4M | |
Total Current Assets | 3.2M | 1.9M | 3.0M | 2.9M | 518K | 492.1K | |
Short Long Term Debt Total | 13.2M | 996K | 7.0M | 6.5M | 7.5M | 7.1M | |
Property Plant And Equipment Net | 350K | 2.0M | 1.5K | 1.0M | 426K | 0.0 | |
Non Current Assets Total | 8.2M | 4.4K | 7.0M | 5.2M | 6.0M | 3.2M | |
Non Currrent Assets Other | 3.4M | (4.4K) | 2.6M | 2.6M | 3.6M | 3.8M | |
Other Current Assets | 365K | 297K | 17K | 8K | 6K | 5.7K | |
Property Plant And Equipment Gross | 350K | 2.0M | 3.8M | 2.8M | 1.0M | 1.1M | |
Short Term Debt | 12.2M | 157K | 6.6M | 6.5M | 7.5M | 7.1M | |
Intangible Assets | 2.8M | 2.9M | 3.4M | 2.2M | 2.4M | 1.5M | |
Common Stock | 305.6M | 322.4M | 326.9M | 331.4M | 381.1M | 234.8M | |
Other Assets | 3.4M | 4.4M | 2.6M | 2.6M | 3.0M | 1.8M | |
Current Deferred Revenue | 6.2M | 120K | 717K | 383K | 440.5K | 462.5K | |
Inventory | 1.6M | 584K | 2.5M | 2.4M | 300K | 285K | |
Net Tangible Assets | (210.3M) | (66.9M) | (42.8M) | (63.3M) | (57.0M) | (59.8M) | |
Short Long Term Debt | 14.8M | 11.4M | 6.0M | 6.1M | 6.7M | 6.4M | |
Property Plant Equipment | 2.0M | 1.5M | 1.0M | 426K | 489.9K | 465.4K | |
Capital Surpluse | 47.7M | 54.0M | 55.3M | 55.0M | 63.2M | 50.2M | |
Net Invested Capital | (192.9M) | (52.7M) | (53.9M) | (53.2M) | (67.8M) | (71.2M) |
Pair Trading with Resverlogix Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Resverlogix Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Resverlogix Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Resverlogix Stock
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The ability to find closely correlated positions to Resverlogix Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resverlogix Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Resverlogix Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Resverlogix Corp to buy it.
The correlation of Resverlogix Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Resverlogix Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resverlogix Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Resverlogix Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Resverlogix Stock
Balance Sheet is a snapshot of the financial position of Resverlogix Corp at a specified time, usually calculated after every quarter, six months, or one year. Resverlogix Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Resverlogix Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Resverlogix currently owns. An asset can also be divided into two categories, current and non-current.