Runjian Total Stockholder Equity vs Other Current Assets Analysis

002929 Stock   51.65  3.57  6.47%   
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 Total Stockholder Equity and its Other Current Assets 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runjian Communication Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Runjian Communication's Total Stockholder Equity and Other Current Assets is 0.73. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets 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 Total Stockholder Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Runjian Communication Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., Runjian Communication's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 February 18, 2025, 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
 2022 2023 2024 2025 (projected)
Interest Expense119.6M104.8M120.5M126.5M
Depreciation And Amortization60.9M69.3M79.7M83.7M

Runjian Communication fundamental ratios Correlations

-0.270.990.990.990.380.991.00.80.990.980.791.00.880.990.790.961.01.00.970.870.970.980.840.890.14
-0.27-0.25-0.33-0.220.2-0.3-0.26-0.24-0.3-0.36-0.26-0.25-0.26-0.360.3-0.35-0.23-0.26-0.11-0.32-0.12-0.24-0.23-0.53-0.18
0.99-0.250.971.00.460.981.00.740.990.980.731.00.830.980.790.951.00.990.960.830.960.960.780.90.1
0.99-0.330.970.950.250.990.980.820.970.970.810.980.90.990.730.990.970.990.920.90.940.950.860.890.11
0.99-0.221.00.950.510.971.00.710.990.980.70.990.810.970.80.930.990.980.960.810.950.950.760.890.1
0.380.20.460.250.510.320.44-0.050.440.39-0.060.430.090.340.550.180.460.350.50.060.410.360.020.27-0.17
0.99-0.30.980.990.970.320.990.820.970.970.810.990.890.990.770.970.981.00.950.890.960.970.860.880.12
1.0-0.261.00.981.00.440.990.760.990.980.751.00.850.990.790.951.00.990.960.840.960.970.80.90.11
0.8-0.240.740.820.71-0.050.820.760.750.761.00.760.950.770.660.790.780.820.80.90.850.850.980.640.42
0.99-0.30.990.970.990.440.970.990.751.00.730.990.830.980.750.950.990.980.950.820.950.950.780.920.1
0.98-0.360.980.970.980.390.970.980.761.00.750.970.830.980.70.950.980.970.940.830.940.950.790.930.13
0.79-0.260.730.810.7-0.060.810.751.00.730.750.750.940.760.650.780.770.810.790.890.840.840.980.630.44
1.0-0.251.00.980.990.430.991.00.760.990.970.750.860.990.80.960.990.990.960.850.960.970.810.890.1
0.88-0.260.830.90.810.090.890.850.950.830.830.940.860.860.710.880.850.890.850.980.880.880.980.710.24
0.99-0.360.980.990.970.340.990.990.770.980.980.760.990.860.730.970.980.990.930.870.930.960.820.910.1
0.790.30.790.730.80.550.770.790.660.750.70.650.80.710.730.670.820.80.890.640.880.80.710.460.06
0.96-0.350.950.990.930.180.970.950.790.950.950.780.960.880.970.670.940.970.880.90.890.920.840.90.07
1.0-0.231.00.970.990.460.981.00.780.990.980.770.990.850.980.820.940.990.980.830.980.980.810.880.15
1.0-0.260.990.990.980.351.00.990.820.980.970.810.990.890.990.80.970.990.960.880.970.980.860.870.16
0.97-0.110.960.920.960.50.950.960.80.950.940.790.960.850.930.890.880.980.960.80.990.960.820.780.15
0.87-0.320.830.90.810.060.890.840.90.820.830.890.850.980.870.640.90.830.880.80.830.850.960.750.14
0.97-0.120.960.940.950.410.960.960.850.950.940.840.960.880.930.880.890.980.970.990.830.980.860.790.25
0.98-0.240.960.950.950.360.970.970.850.950.950.840.970.880.960.80.920.980.980.960.850.980.860.860.29
0.84-0.230.780.860.760.020.860.80.980.780.790.980.810.980.820.710.840.810.860.820.960.860.860.650.3
0.89-0.530.90.890.890.270.880.90.640.920.930.630.890.710.910.460.90.880.870.780.750.790.860.650.2
0.14-0.180.10.110.1-0.170.120.110.420.10.130.440.10.240.10.060.070.150.160.150.140.250.290.30.2
Click cells to compare fundamentals

Runjian Communication Account Relationship Matchups

Runjian Communication fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.9B10.2B12.7B14.9B17.1B17.9B
Other Current Liab23.8M23.8M666.2M18.7M16.8M16.0M
Total Current Liabilities2.7B5.2B7.2B8.8B10.1B10.6B
Total Stockholder Equity3.2B3.8B4.3B5.9B6.8B7.1B
Property Plant And Equipment Net278.9M705.9M1.1B1.3B1.4B1.5B
Net Debt(830.3M)(447.5M)754.7M193.4M222.4M233.6M
Retained Earnings1.3B1.6B2.0B2.3B2.6B2.8B
Accounts Payable1.9B3.4B4.7B5.7B6.5B6.9B
Cash2.0B2.5B1.9B1.9B2.2B1.2B
Non Current Assets Total1.6B2.2B2.8B3.9B4.5B4.7B
Non Currrent Assets Other1.1B1.3B1.3B2.2B2.5B2.6B
Cash And Short Term Investments2.1B2.6B2.0B1.9B2.2B1.2B
Net Receivables2.2B3.9B5.5B6.4B7.4B7.7B
Liabilities And Stockholders Equity6.9B10.2B12.7B14.9B17.1B17.9B
Inventory933.3M1.1B1.3B1.7B2.0B2.1B
Other Current Assets81.0M306.0M1.2B438.6M504.4M529.6M
Other Stockholder Equity1.4B1.6B1.7B3.0B3.4B3.6B
Total Liab3.6B6.2B8.3B8.9B10.2B10.7B
Total Current Assets5.3B8.0B10.0B11.0B12.6B13.2B
Intangible Assets37.8M52.1M92.0M69.5M79.9M83.9M
Short Long Term Debt Total1.2B2.0B2.7B2.1B2.4B2.6B
Net Tangible Assets2.6B2.7B3.0B3.6B4.2B2.3B
Current Deferred Revenue509.5M792.0M242.0M1.0B1.2B1.3B
Non Current Liabilities Total943.3M1.0B1.1B67.9M78.0M74.1M
Short Term Debt255.5M981.5M1.6B2.1B2.4B2.5B
Property Plant Equipment63.8M202.1M278.9M705.9M811.8M852.4M
Good Will161.4M165.9M180.0M159.1M183.0M108.9M
Deferred Long Term Liab918.0K559.9K5.5M5.4M6.3M6.6M
Net Invested Capital4.4B5.8B7.0B8.0B9.2B5.0B
Net Working Capital2.6B2.8B2.8B2.1B2.5B2.5B
Short Term Investments40.0M187.1M70.2M21.2M19.1M18.2M
Property Plant And Equipment Gross385.3M820.4M1.2B1.3B1.4B868.3M
Accumulated Other Comprehensive Income347.0M404.2M443.4M183.1M210.5M342.2M

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Other Information on Investing in Runjian Stock

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.