Runjian Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

002929 Stock

29.22 0.52 1.75%

Runjian Communication financial indicator trend analysis is much more than just breaking down Runjian Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runjian Communication is a good investment. Please check the relationship between Runjian Communication Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Runjian Communication Co. 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.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runjian Communication Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Runjian Communication's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.95. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Runjian Communication Co, assuming nothing else is changed. The correlation between historical values of Runjian Communication's Cash And Short Term Investments and Common Stock Shares 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 Cash And Short Term Investments of Runjian Communication Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Runjian Communication's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Runjian Communication balance sheet. This account contains Runjian Communication investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Runjian Communication Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Runjian Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runjian Communication 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Runjian Communication Co. 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 58.5 M. In addition to that, Tax Provision is expected to decline to about 59.6 M

	2021	2022	2023	2024 (projected)
Interest Expense	77.2M	119.6M	104.8M	110.0M
Depreciation And Amortization	49.8M	60.9M	69.3M	38.0M

Interest Expense Depreciation And Amortization

Runjian Communication fundamental ratios Correlations

	Total Assets	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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Current Deferred Revenue	Other Assets
Total Assets		-0.18	0.99	0.98	0.98	0.31	0.99	1.0	0.81	0.98	0.98	0.8	0.99	0.87	0.89	0.7	0.95	0.99	1.0	0.96	0.86	0.9	0.99	0.85	0.84	0.22
Other Current Liab	-0.18		-0.15	-0.25	-0.12	0.26	-0.22	-0.17	-0.18	-0.22	-0.29	-0.2	-0.15	-0.17	-0.21	0.46	-0.28	-0.13	-0.16	0.0	-0.24	0.04	-0.19	-0.17	-0.51	-0.21
Total Current Liabilities	0.99	-0.15		0.96	1.0	0.41	0.97	1.0	0.72	0.99	0.97	0.72	1.0	0.81	0.86	0.7	0.92	0.99	0.98	0.95	0.8	0.87	0.97	0.78	0.85	0.18
Total Stockholder Equity	0.98	-0.25	0.96		0.93	0.14	0.99	0.97	0.83	0.95	0.95	0.83	0.97	0.9	0.89	0.62	0.99	0.95	0.98	0.9	0.91	0.85	0.96	0.88	0.84	0.19
Property Plant And Equipment Net	0.98	-0.12	1.0	0.93		0.47	0.95	0.99	0.69	0.99	0.97	0.68	0.99	0.78	0.84	0.71	0.9	0.99	0.97	0.96	0.77	0.86	0.96	0.75	0.83	0.18
Net Debt	0.31	0.26	0.41	0.14	0.47		0.23	0.38	-0.14	0.38	0.32	-0.15	0.37	-0.03	0.17	0.49	0.06	0.4	0.27	0.45	-0.09	0.31	0.3	-0.06	0.17	-0.16
Retained Earnings	0.99	-0.22	0.97	0.99	0.95	0.23		0.98	0.82	0.96	0.96	0.82	0.99	0.89	0.91	0.68	0.96	0.97	0.99	0.94	0.89	0.88	0.98	0.87	0.83	0.2
Accounts Payable	1.0	-0.17	1.0	0.97	0.99	0.38	0.98		0.75	0.99	0.98	0.74	1.0	0.83	0.87	0.7	0.93	1.0	0.99	0.96	0.82	0.88	0.98	0.81	0.84	0.19
Cash	0.81	-0.18	0.72	0.83	0.69	-0.14	0.82	0.75		0.73	0.76	1.0	0.75	0.95	0.88	0.63	0.8	0.77	0.83	0.79	0.92	0.89	0.83	0.97	0.61	0.48
Non Current Assets Total	0.98	-0.22	0.99	0.95	0.99	0.38	0.96	0.99	0.73		0.99	0.72	0.98	0.8	0.85	0.64	0.92	0.99	0.97	0.95	0.79	0.85	0.97	0.78	0.88	0.18
Non Currrent Assets Other	0.98	-0.29	0.97	0.95	0.97	0.32	0.96	0.98	0.76	0.99		0.75	0.96	0.81	0.84	0.59	0.92	0.97	0.96	0.93	0.8	0.84	0.96	0.79	0.9	0.21
Cash And Short Term Investments	0.8	-0.2	0.72	0.83	0.68	-0.15	0.82	0.74	1.0	0.72	0.75		0.75	0.95	0.87	0.62	0.79	0.77	0.82	0.78	0.91	0.88	0.82	0.97	0.6	0.5
Net Receivables	0.99	-0.15	1.0	0.97	0.99	0.37	0.99	1.0	0.75	0.98	0.96	0.75		0.84	0.88	0.72	0.94	0.99	0.99	0.95	0.84	0.88	0.98	0.82	0.83	0.18
Common Stock Shares Outstanding	0.87	-0.17	0.81	0.9	0.78	-0.03	0.89	0.83	0.95	0.8	0.81	0.95	0.84		0.92	0.7	0.88	0.84	0.89	0.84	0.97	0.9	0.87	0.99	0.64	0.33
Inventory	0.89	-0.21	0.86	0.89	0.84	0.17	0.91	0.87	0.88	0.85	0.84	0.87	0.88	0.92		0.71	0.85	0.88	0.9	0.86	0.94	0.92	0.89	0.94	0.7	0.26
Other Current Assets	0.7	0.46	0.7	0.62	0.71	0.49	0.68	0.7	0.63	0.64	0.59	0.62	0.72	0.7	0.71		0.55	0.74	0.72	0.83	0.62	0.87	0.7	0.68	0.25	0.11
Other Stockholder Equity	0.95	-0.28	0.92	0.99	0.9	0.06	0.96	0.93	0.8	0.92	0.92	0.79	0.94	0.88	0.85	0.55		0.91	0.95	0.84	0.91	0.78	0.91	0.86	0.84	0.14
Total Liab	0.99	-0.13	0.99	0.95	0.99	0.4	0.97	1.0	0.77	0.99	0.97	0.77	0.99	0.84	0.88	0.74	0.91		0.99	0.98	0.82	0.91	0.98	0.82	0.82	0.24
Total Current Assets	1.0	-0.16	0.98	0.98	0.97	0.27	0.99	0.99	0.83	0.97	0.96	0.82	0.99	0.89	0.9	0.72	0.95	0.99		0.96	0.88	0.9	0.98	0.87	0.82	0.24
Intangible Assets	0.96	0.0	0.95	0.9	0.96	0.45	0.94	0.96	0.79	0.95	0.93	0.78	0.95	0.84	0.86	0.83	0.84	0.98	0.96		0.78	0.95	0.95	0.81	0.7	0.21
Common Stock	0.86	-0.24	0.8	0.91	0.77	-0.09	0.89	0.82	0.92	0.79	0.8	0.91	0.84	0.97	0.94	0.62	0.91	0.82	0.88	0.78		0.84	0.85	0.98	0.68	0.24
Short Long Term Debt Total	0.9	0.04	0.87	0.85	0.86	0.31	0.88	0.88	0.89	0.85	0.84	0.88	0.88	0.9	0.92	0.87	0.78	0.91	0.9	0.95	0.84		0.91	0.9	0.62	0.37
Other Liab	0.99	-0.19	0.97	0.96	0.96	0.3	0.98	0.98	0.83	0.97	0.96	0.82	0.98	0.87	0.89	0.7	0.91	0.98	0.98	0.95	0.85	0.91		0.85	0.85	0.34
Net Tangible Assets	0.85	-0.17	0.78	0.88	0.75	-0.06	0.87	0.81	0.97	0.78	0.79	0.97	0.82	0.99	0.94	0.68	0.86	0.82	0.87	0.81	0.98	0.9	0.85		0.62	0.34
Current Deferred Revenue	0.84	-0.51	0.85	0.84	0.83	0.17	0.83	0.84	0.61	0.88	0.9	0.6	0.83	0.64	0.7	0.25	0.84	0.82	0.82	0.7	0.68	0.62	0.85	0.62		0.32
Other Assets	0.22	-0.21	0.18	0.19	0.18	-0.16	0.2	0.19	0.48	0.18	0.21	0.5	0.18	0.33	0.26	0.11	0.14	0.24	0.24	0.21	0.24	0.37	0.34	0.34	0.32

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Runjian Communication Account Relationship Matchups

Runjian Communication fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	6.9B	10.2B	12.7B	14.9B	15.6B
Other Current Liab	(154.4M)	23.8M	23.8M	666.2M	18.7M	17.8M
Total Current Liabilities	2.0B	2.7B	5.2B	7.2B	8.8B	9.2B
Total Stockholder Equity	2.8B	3.2B	3.8B	4.3B	5.9B	6.2B
Property Plant And Equipment Net	202.1M	278.9M	705.9M	1.1B	1.3B	1.3B
Net Debt	(722.7M)	(830.3M)	(447.5M)	754.7M	193.4M	203.1M
Retained Earnings	1.0B	1.3B	1.6B	2.0B	2.3B	2.4B
Accounts Payable	1.5B	1.9B	3.4B	4.7B	5.7B	6.0B
Cash	1.2B	2.0B	2.5B	1.9B	1.9B	1.2B
Non Current Assets Total	642.5M	1.6B	2.2B	2.8B	3.9B	4.1B
Non Currrent Assets Other	434.5M	1.1B	1.3B	1.3B	2.2B	2.3B
Cash And Short Term Investments	1.4B	2.1B	2.6B	2.0B	1.9B	1.2B
Net Receivables	2.0B	2.2B	3.9B	5.5B	6.4B	6.7B
Liabilities And Stockholders Equity	4.9B	6.9B	10.2B	12.7B	14.9B	15.6B
Inventory	823.5M	933.3M	1.1B	1.3B	1.7B	871.7M
Other Current Assets	27.7M	81.0M	306.0M	1.2B	438.6M	220.6M
Other Stockholder Equity	1.4B	1.4B	1.6B	1.7B	3.0B	3.1B
Total Liab	2.0B	3.6B	6.2B	8.3B	8.9B	9.3B
Total Current Assets	4.3B	5.3B	8.0B	10.0B	11.0B	11.5B
Intangible Assets	12.9M	37.8M	52.1M	92.0M	69.5M	73.0M
Net Tangible Assets	2.6B	2.7B	3.0B	3.6B	4.2B	2.3B
Other Assets	40.8M	59.3M	1.0	1.2B	1.15	1.09
Non Current Liabilities Total	1.5M	943.3M	1.0B	1.1B	67.9M	64.5M
Property Plant Equipment	63.8M	202.1M	278.9M	705.9M	811.8M	852.4M
Good Will	95.0M	161.4M	165.9M	180.0M	159.1M	108.9M
Deferred Long Term Liab	918.0K	559.9K	5.5M	5.4M	6.3M	6.6M
Net Invested Capital	2.8B	4.4B	5.8B	7.0B	8.0B	5.0B
Net Working Capital	2.3B	2.6B	2.8B	2.8B	2.1B	2.5B
Short Term Investments	209.4M	40.0M	187.1M	70.2M	21.2M	20.2M

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Balance Sheet is a snapshot of the financial position of Runjian Communication at a specified time, usually calculated after every quarter, six months, or one year. Runjian Communication Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Runjian Communication 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 Runjian currently owns. An asset can also be divided into two categories, current and non-current.

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Runjian Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Common Stock Shares Outstanding

Runjian Communication fundamental ratios Correlations

Runjian Communication Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Runjian Communication fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable

Current Deferred Revenue	- 0.51	Other Current Liab
Non Currrent Assets Other	- 0.29	Other Current Liab
Other Stockholder Equity	- 0.28	Other Current Liab
Total Stockholder Equity	- 0.25	Other Current Liab
Common Stock	- 0.24	Other Current Liab
Non Current Assets Total	- 0.22	Other Current Liab