Runway Accounts Payable vs Long Term Debt Analysis

RWAY Stock  USD 10.44  0.07  0.68%   
Runway Growth financial indicator trend analysis is much more than just breaking down Runway Growth Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runway Growth Finance is a good investment. Please check the relationship between Runway Growth Accounts Payable and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Runway Growth Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runway Growth Finance Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Runway Growth's Accounts Payable and Long Term Debt is 0.71. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Runway Growth Finance, assuming nothing else is changed. The correlation between historical values of Runway Growth's Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Runway Growth Finance are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Runway Growth's Accounts Payable and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Runway Growth obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Runway Growth Finance are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt

Long-term debt is a debt that Runway Growth Finance has held for over one year. Long-term debt appears on Runway Growth Finance balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Runway Growth Finance balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Runway Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runway Growth Finance 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 Runway Growth Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Runway Growth's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 38.2 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses6.1M9.9M55.9M53.1M
Interest Expense2.6M13.8M38.6M40.6M

Runway Growth fundamental ratios Correlations

1.0-0.991.01.00.991.00.991.00.240.24-0.16-0.18-0.05-0.12-0.12-0.010.090.15-0.150.0-0.040.17-0.18-0.15-0.15
1.0-0.991.01.00.991.00.991.00.240.24-0.17-0.19-0.05-0.12-0.13-0.010.090.15-0.160.0-0.050.18-0.18-0.16-0.16
-0.99-0.99-1.0-1.0-0.98-0.99-0.98-0.99-0.3-0.310.180.280.110.220.23-0.01-0.18-0.250.260.020.09-0.270.260.250.26
1.01.0-1.01.00.991.00.991.00.250.25-0.17-0.19-0.06-0.13-0.13-0.010.090.16-0.170.0-0.050.18-0.18-0.16-0.16
1.01.0-1.01.00.991.00.991.00.250.25-0.17-0.2-0.05-0.13-0.140.00.090.16-0.170.0-0.060.19-0.19-0.17-0.17
0.990.99-0.980.990.990.991.00.990.210.21-0.18-0.13-0.09-0.03-0.04-0.130.070.08-0.07-0.090.090.12-0.12-0.07-0.08
1.01.0-0.991.01.00.990.991.00.240.24-0.16-0.19-0.05-0.12-0.13-0.010.090.15-0.160.0-0.050.18-0.18-0.15-0.16
0.990.99-0.980.990.991.00.990.990.210.21-0.18-0.13-0.09-0.03-0.04-0.120.070.08-0.08-0.090.080.12-0.12-0.07-0.08
1.01.0-0.991.01.00.991.00.990.240.24-0.17-0.19-0.05-0.12-0.13-0.010.090.15-0.160.0-0.050.18-0.18-0.16-0.16
0.240.24-0.30.250.250.210.240.210.241.0-0.68-0.76-0.21-0.5-0.53-0.030.370.62-0.65-0.01-0.190.72-0.74-0.64-0.65
0.240.24-0.310.250.250.210.240.210.241.0-0.68-0.77-0.22-0.51-0.54-0.030.370.63-0.66-0.02-0.190.73-0.74-0.65-0.66
-0.16-0.170.18-0.17-0.17-0.18-0.16-0.18-0.17-0.68-0.680.45-0.030.010.030.270.03-0.140.190.01-0.17-0.340.510.160.18
-0.18-0.190.28-0.19-0.2-0.13-0.19-0.13-0.19-0.76-0.770.450.460.850.87-0.01-0.68-0.890.930.150.29-0.930.850.930.94
-0.05-0.050.11-0.06-0.05-0.09-0.05-0.09-0.05-0.21-0.22-0.030.460.410.430.6-0.89-0.580.410.9-0.39-0.490.240.440.44
-0.12-0.120.22-0.13-0.13-0.03-0.12-0.03-0.12-0.5-0.510.010.850.411.0-0.36-0.74-0.890.930.030.61-0.80.660.950.94
-0.12-0.130.23-0.13-0.14-0.04-0.13-0.04-0.13-0.53-0.540.030.870.431.0-0.34-0.75-0.920.950.050.59-0.840.690.960.96
-0.01-0.01-0.01-0.010.0-0.13-0.01-0.12-0.01-0.03-0.030.27-0.010.6-0.36-0.34-0.210.11-0.250.81-0.950.03-0.08-0.24-0.22
0.090.09-0.180.090.090.070.090.070.090.370.370.03-0.68-0.89-0.74-0.75-0.210.81-0.69-0.66-0.040.67-0.39-0.72-0.71
0.150.15-0.250.160.160.080.150.080.150.620.63-0.14-0.89-0.58-0.89-0.920.110.81-0.97-0.18-0.410.95-0.76-0.97-0.97
-0.15-0.160.26-0.17-0.17-0.07-0.16-0.08-0.16-0.65-0.660.190.930.410.930.95-0.25-0.69-0.970.00.53-0.960.841.01.0
0.00.00.020.00.0-0.090.0-0.090.0-0.01-0.020.010.150.90.030.050.81-0.66-0.180.0-0.7-0.1-0.110.030.03
-0.04-0.050.09-0.05-0.060.09-0.050.08-0.05-0.19-0.19-0.170.29-0.390.610.59-0.95-0.04-0.410.53-0.7-0.330.340.530.51
0.170.18-0.270.180.190.120.180.120.180.720.73-0.34-0.93-0.49-0.8-0.840.030.670.95-0.96-0.1-0.33-0.92-0.95-0.96
-0.18-0.180.26-0.18-0.19-0.12-0.18-0.12-0.18-0.74-0.740.510.850.240.660.69-0.08-0.39-0.760.84-0.110.34-0.920.820.83
-0.15-0.160.25-0.16-0.17-0.07-0.15-0.07-0.16-0.64-0.650.160.930.440.950.96-0.24-0.72-0.971.00.030.53-0.950.821.0
-0.15-0.160.26-0.16-0.17-0.08-0.16-0.08-0.16-0.65-0.660.180.940.440.940.96-0.22-0.71-0.971.00.030.51-0.960.831.0
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Runway Growth Account Relationship Matchups

Runway Growth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets516.3M639.9M738.3M1.1B1.1B1.0B
Total Stockholder Equity376.3M466.2M606.2M576.1M547.1M519.7M
Net Debt14.2M82.5M74.8M543.2M507.1M532.5M
Cash45.8M14.9M4.7M5.8M3.0M2.8M
Other Assets165.9K137.1K949.8K(1.1B)42.0M39.9M
Cash And Short Term Investments45.8M14.9M4.7M1.1B45.0M42.7M
Liabilities And Stockholders Equity516.3M639.9M738.3M1.1B1.1B1.0B
Other Stockholder Equity384.4M466.9M606.0M614.3M594.3M564.6M
Total Current Assets48.1M17.9M7.9M1.1B53.2M50.6M
Common Stock258.1K314.1K413.8K414K372.6K354.0K
Net Receivables2.3M3.0M3.2M6.7M8.3M7.9M
Total Current Liabilities75.1M70.1M45.0M6.2M19.3M28.8M
Current Deferred Revenue3.6M5.0M6.0M8.8M12.5M6.6M
Non Current Liabilities Total60.0M97.4M79.5M6.2M510.1M535.6M
Total Liab140.0M173.6M132.2M565.7M532.1M308.8M

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