Rubicon Retained Earnings vs Accounts Payable Analysis

RWL Stock

0.34 0.01 3.03%

Rubicon Water financial indicator trend analysis is much more than just breaking down Rubicon Water prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rubicon Water is a good investment. Please check the relationship between Rubicon Water Retained Earnings and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rubicon Water. 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rubicon Water Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Rubicon Water's Retained Earnings and Accounts Payable is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Rubicon Water, assuming nothing else is changed. The correlation between historical values of Rubicon Water's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Rubicon Water are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Rubicon Water's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Rubicon Water 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 Rubicon Water 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.

Most indicators from Rubicon Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rubicon Water 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 Rubicon Water. 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.

Tax Provision is likely to gain to about (1.8 M) in 2024. Selling General Administrative is likely to drop to about 14.1 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.6M	2.6M	2.4M	2.6M
Interest Income	905K	2.0M	2.3M	2.4M

Depreciation And Amortization Interest Income

Rubicon Water fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Equivalents	Short Term Debt	Common Stock
Total Assets		0.96	-0.62	0.77	0.96	0.6	0.91	0.45	0.02	-0.09	0.79	0.79	0.35	-0.09	0.93	-0.13	0.62	0.66	0.91	0.41	-0.62	0.96	0.99	0.21	0.67	0.75
Short Long Term Debt Total	0.96		-0.61	0.78	0.84	0.72	0.91	0.39	-0.12	0.01	0.85	0.78	0.29	0.01	0.85	-0.18	0.63	0.7	0.78	0.38	-0.45	0.99	0.92	0.38	0.69	0.68
Other Current Liab	-0.62	-0.61		-0.52	-0.65	-0.49	-0.67	0.12	0.58	0.16	-0.72	-0.81	-0.2	0.16	-0.38	0.18	-0.12	-0.25	-0.56	-0.64	0.42	-0.54	-0.56	-0.24	-0.71	-0.77
Total Current Liabilities	0.77	0.78	-0.52		0.75	0.31	0.86	-0.01	-0.25	-0.49	0.86	0.86	-0.21	-0.49	0.61	0.17	0.07	0.13	0.77	0.53	-0.43	0.73	0.7	-0.13	0.89	0.77
Total Stockholder Equity	0.96	0.84	-0.65	0.75		0.42	0.84	0.33	0.03	-0.19	0.74	0.77	0.29	-0.19	0.89	-0.02	0.48	0.5	0.98	0.39	-0.78	0.84	0.95	0.02	0.66	0.83
Property Plant And Equipment Net	0.6	0.72	-0.49	0.31	0.42		0.69	0.29	-0.05	0.09	0.62	0.48	0.31	0.09	0.48	-0.23	0.62	0.72	0.29	0.43	0.11	0.74	0.56	0.52	0.41	0.41
Net Debt	0.91	0.91	-0.67	0.86	0.84	0.69		0.21	-0.13	-0.37	0.87	0.91	0.05	-0.37	0.76	0.02	0.36	0.45	0.8	0.65	-0.36	0.9	0.86	0.08	0.87	0.84
Retained Earnings	0.45	0.39	0.12	-0.01	0.33	0.29	0.21		0.58	0.41	-0.05	0.06	0.77	0.41	0.58	-0.48	0.8	0.78	0.27	-0.09	-0.18	0.52	0.55	0.42	-0.18	-0.19
Accounts Payable	0.02	-0.12	0.58	-0.25	0.03	-0.05	-0.13	0.58		-0.02	-0.3	-0.38	0.34	-0.02	0.22	0.1	0.39	0.28	0.06	-0.21	0.0	0.01	0.1	-0.29	-0.49	-0.3
Cash	-0.09	0.01	0.16	-0.49	-0.19	0.09	-0.37	0.41	-0.02		-0.35	-0.44	0.56	1.0	0.07	-0.58	0.58	0.54	-0.27	-0.67	-0.03	0.01	-0.02	0.81	-0.54	-0.49
Non Current Assets Total	0.79	0.85	-0.72	0.86	0.74	0.62	0.87	-0.05	-0.3	-0.35		0.85	0.02	-0.35	0.53	-0.01	0.23	0.33	0.68	0.65	-0.3	0.79	0.69	0.1	0.81	0.8
Non Currrent Assets Other	0.79	0.78	-0.81	0.86	0.77	0.48	0.91	0.06	-0.38	-0.44	0.85		0.03	-0.44	0.56	-0.1	0.1	0.23	0.73	0.78	-0.37	0.75	0.73	0.06	0.94	0.83
Other Assets	0.35	0.29	-0.2	-0.21	0.29	0.31	0.05	0.77	0.34	0.56	0.02	0.03		0.56	0.35	-0.72	0.74	0.77	0.16	0.0	-0.2	0.37	0.41	0.59	-0.3	-0.16
Cash And Short Term Investments	-0.09	0.01	0.16	-0.49	-0.19	0.09	-0.37	0.41	-0.02	1.0	-0.35	-0.44	0.56		0.07	-0.58	0.58	0.54	-0.27	-0.67	-0.03	0.01	-0.02	0.81	-0.54	-0.49
Net Receivables	0.93	0.85	-0.38	0.61	0.89	0.48	0.76	0.58	0.22	0.07	0.53	0.56	0.35	0.07		-0.04	0.72	0.7	0.89	0.1	-0.7	0.88	0.96	0.19	0.47	0.6
Common Stock Shares Outstanding	-0.13	-0.18	0.18	0.17	-0.02	-0.23	0.02	-0.48	0.1	-0.58	-0.01	-0.1	-0.72	-0.58	-0.04		-0.4	-0.5	0.12	-0.07	-0.13	-0.22	-0.15	-0.78	0.12	0.22
Long Term Debt Total	0.62	0.63	-0.12	0.07	0.48	0.62	0.36	0.8	0.39	0.58	0.23	0.1	0.74	0.58	0.72	-0.4		0.98	0.39	-0.18	-0.3	0.69	0.68	0.61	-0.09	0.05
Non Current Liabilities Total	0.66	0.7	-0.25	0.13	0.5	0.72	0.45	0.78	0.28	0.54	0.33	0.23	0.77	0.54	0.7	-0.5	0.98		0.39	-0.02	-0.24	0.76	0.71	0.69	0.02	0.11
Inventory	0.91	0.78	-0.56	0.77	0.98	0.29	0.8	0.27	0.06	-0.27	0.68	0.73	0.16	-0.27	0.89	0.12	0.39	0.39		0.32	-0.83	0.77	0.91	-0.12	0.65	0.83
Other Current Assets	0.41	0.38	-0.64	0.53	0.39	0.43	0.65	-0.09	-0.21	-0.67	0.65	0.78	0.0	-0.67	0.1	-0.07	-0.18	-0.02	0.32		0.11	0.39	0.32	-0.15	0.7	0.58
Other Stockholder Equity	-0.62	-0.45	0.42	-0.43	-0.78	0.11	-0.36	-0.18	0.0	-0.03	-0.3	-0.37	-0.2	-0.03	-0.7	-0.13	-0.3	-0.24	-0.83	0.11		-0.42	-0.66	0.11	-0.29	-0.58
Total Liab	0.96	0.99	-0.54	0.73	0.84	0.74	0.9	0.52	0.01	0.01	0.79	0.75	0.37	0.01	0.88	-0.22	0.69	0.76	0.77	0.39	-0.42		0.94	0.38	0.63	0.62
Total Current Assets	0.99	0.92	-0.56	0.7	0.95	0.56	0.86	0.55	0.1	-0.02	0.69	0.73	0.41	-0.02	0.96	-0.15	0.68	0.71	0.91	0.32	-0.66	0.94		0.23	0.59	0.69
Cash And Equivalents	0.21	0.38	-0.24	-0.13	0.02	0.52	0.08	0.42	-0.29	0.81	0.1	0.06	0.59	0.81	0.19	-0.78	0.61	0.69	-0.12	-0.15	0.11	0.38	0.23		-0.07	-0.17
Short Term Debt	0.67	0.69	-0.71	0.89	0.66	0.41	0.87	-0.18	-0.49	-0.54	0.81	0.94	-0.3	-0.54	0.47	0.12	-0.09	0.02	0.65	0.7	-0.29	0.63	0.59	-0.07		0.86
Common Stock	0.75	0.68	-0.77	0.77	0.83	0.41	0.84	-0.19	-0.3	-0.49	0.8	0.83	-0.16	-0.49	0.6	0.22	0.05	0.11	0.83	0.58	-0.58	0.62	0.69	-0.17	0.86

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Rubicon Water Account Relationship Matchups

Rubicon Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	93.6M	107.0M	125.8M	111.6M	106.4M	97.6M
Short Long Term Debt Total	33.4M	32.7M	29.5M	30.7M	37.1M	23.9M
Other Current Liab	8.7M	12.9M	8.7M	8.7M	8.0M	8.0M
Total Current Liabilities	18.3M	33.0M	24.1M	44.8M	45.7M	31.0M
Total Stockholder Equity	40.7M	48.5M	75.9M	65.8M	55.1M	52.9M
Property Plant And Equipment Net	9.8M	9.3M	9.0M	7.8M	9.5M	9.6M
Net Debt	9.0M	23.7M	18.3M	22.2M	35.4M	37.2M
Retained Earnings	39.6M	47.9M	37.5M	26.6M	15.9M	25.8M
Accounts Payable	3.8M	8.9M	7.9M	3.3M	4.0M	4.7M
Cash	24.4M	9.0M	11.2M	8.5M	1.7M	1.6M
Non Current Assets Total	15.4M	14.6M	17.5M	18.5M	32.9M	17.6M
Non Currrent Assets Other	(391K)	(1.7M)	150K	9.9M	11.4M	12.0M
Other Assets	5.5M	2.3M	5.1M	1.0	0.9	0.86
Cash And Short Term Investments	24.4M	9.0M	11.2M	8.5M	1.7M	1.6M
Net Receivables	41.4M	63.1M	70.3M	58.3M	29.9M	42.8M
Common Stock Shares Outstanding	100.0M	172M	164.5M	171.4M	171.6M	166.9M
Long Term Debt Total	27.7M	24.5M	25.2M	717K	824.6K	783.3K
Liabilities And Stockholders Equity	93.6M	107.0M	125.8M	111.6M	106.4M	97.6M
Non Current Liabilities Total	34.0M	24.8M	25.6M	1.0M	5.8M	5.5M
Inventory	11.3M	17.1M	25M	23.7M	17.8M	17.8M
Other Current Assets	1.1M	3.1M	4.6M	2.5M	24.0M	25.2M
Other Stockholder Equity	(430K)	(906K)	(129.8M)	(129.0M)	(1.0)	(1.05)
Total Liab	52.2M	57.8M	49.7M	45.8M	51.5M	44.4M
Total Current Assets	78.2M	92.3M	108.3M	93.1M	73.5M	79.7M
Accumulated Other Comprehensive Income	(430K)	(906K)	(129.8M)	(129.0M)	(128.9M)	(122.5M)
Cash And Equivalents	19.8M	1.6M	478K	480K	432K	410.4K
Short Term Debt	5.7M	8.2M	4.3M	30.0M	31.7M	33.2M
Property Plant Equipment	9.8M	9.3M	9.0M	7.8M	9.0M	9.5M
Other Liab	6.3M	326K	381K	300K	270K	256.5K
Net Tangible Assets	40.7M	48.5M	75.9M	65.8M	75.6M	55.5M
Long Term Debt	25.4M	22.6M	24.1M	261K	234.9K	223.2K

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