Resource Net Receivables vs Net Debt Analysis

RBX Stock   0.04  0  9.09%   
Resource Base financial indicator trend analysis is much more than just breaking down Resource Base prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resource Base is a good investment. Please check the relationship between Resource Base Net Receivables and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resource Base. 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.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resource Base Net Receivables account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Resource Base's Net Receivables and Net Debt is -0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Resource Base, assuming nothing else is changed. The correlation between historical values of Resource Base's Net Receivables and Net 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 Net Receivables of Resource Base are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Resource Base's Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Resource Base's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resource Base 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 Resource Base. 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.
Issuance Of Capital Stock is likely to gain to about 3.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 98.7 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.2M1.3M403.4K383.2K
Depreciation And Amortization6.7K56.5K2.1M2.2M

Resource Base fundamental ratios Correlations

-0.06-0.410.930.00.53-0.04-0.410.310.95-0.51-0.10.57-0.550.010.870.0-0.150.420.30.43-0.220.38-0.47-0.190.6
-0.060.68-0.340.71-0.280.710.76-0.39-0.170.430.3-0.030.460.27-0.240.36-0.27-0.350.450.350.27-0.020.380.74-0.28
-0.410.68-0.70.84-0.420.520.97-0.43-0.430.93-0.01-0.240.820.15-0.470.08-0.41-0.430.16-0.080.08-0.20.910.56-0.31
0.93-0.34-0.7-0.330.62-0.22-0.70.40.91-0.74-0.120.52-0.75-0.060.86-0.060.020.540.160.34-0.240.42-0.7-0.380.63
0.00.710.84-0.33-0.20.40.84-0.38-0.050.670.110.080.560.25-0.10.14-0.36-0.240.520.270.15-0.020.650.37-0.18
0.53-0.28-0.420.62-0.2-0.22-0.50.230.35-0.5-0.230.0-0.81-0.070.43-0.21-0.20.960.060.19-0.350.88-0.5-0.320.76
-0.040.710.52-0.220.4-0.220.49-0.16-0.080.39-0.22-0.040.370.07-0.15-0.18-0.29-0.240.210.0-0.120.110.380.54-0.14
-0.410.760.97-0.70.84-0.50.49-0.52-0.440.880.18-0.210.840.25-0.480.22-0.28-0.530.22-0.020.27-0.30.840.61-0.38
0.31-0.39-0.430.4-0.380.23-0.16-0.520.39-0.31-0.72-0.2-0.24-0.920.05-0.58-0.480.08-0.56-0.1-0.82-0.04-0.23-0.350.35
0.95-0.17-0.430.91-0.050.35-0.08-0.440.39-0.47-0.180.64-0.44-0.080.87-0.06-0.140.260.210.34-0.270.18-0.41-0.250.49
-0.510.430.93-0.740.67-0.50.390.88-0.31-0.47-0.14-0.320.90.0-0.51-0.08-0.39-0.49-0.08-0.370.0-0.350.990.49-0.26
-0.10.3-0.01-0.120.11-0.23-0.220.18-0.72-0.18-0.140.29-0.010.770.060.850.62-0.160.530.380.93-0.14-0.230.27-0.36
0.57-0.03-0.240.520.080.0-0.04-0.21-0.20.64-0.320.29-0.270.520.820.340.220.120.650.380.260.1-0.32-0.08-0.15
-0.550.460.82-0.750.56-0.810.370.84-0.24-0.440.9-0.01-0.27-0.04-0.570.03-0.21-0.83-0.14-0.30.12-0.70.890.48-0.5
0.010.270.15-0.060.25-0.070.070.25-0.92-0.080.00.770.52-0.040.30.640.560.080.710.270.820.17-0.070.21-0.27
0.87-0.24-0.470.86-0.10.43-0.15-0.480.050.87-0.510.060.82-0.570.30.140.10.470.450.290.00.38-0.48-0.230.44
0.00.360.08-0.060.14-0.21-0.180.22-0.58-0.06-0.080.850.340.030.640.140.32-0.150.450.370.72-0.15-0.140.42-0.25
-0.15-0.27-0.410.02-0.36-0.2-0.29-0.28-0.48-0.14-0.390.620.22-0.210.560.10.32-0.080.270.150.68-0.16-0.44-0.32-0.28
0.42-0.35-0.430.54-0.240.96-0.24-0.530.080.26-0.49-0.160.12-0.830.080.47-0.15-0.080.170.11-0.240.93-0.49-0.320.64
0.30.450.160.160.520.060.210.22-0.560.21-0.080.530.65-0.140.710.450.450.270.170.610.50.35-0.140.12-0.18
0.430.35-0.080.340.270.190.0-0.02-0.10.34-0.370.380.38-0.30.270.290.370.150.110.610.140.21-0.43-0.09-0.11
-0.220.270.08-0.240.15-0.35-0.120.27-0.82-0.270.00.930.260.120.820.00.720.68-0.240.50.14-0.2-0.070.27-0.41
0.38-0.02-0.20.42-0.020.880.11-0.3-0.040.18-0.35-0.140.1-0.70.170.38-0.15-0.160.930.350.21-0.2-0.37-0.120.54
-0.470.380.91-0.70.65-0.50.380.84-0.23-0.410.99-0.23-0.320.89-0.07-0.48-0.14-0.44-0.49-0.14-0.43-0.07-0.370.42-0.22
-0.190.740.56-0.380.37-0.320.540.61-0.35-0.250.490.27-0.080.480.21-0.230.42-0.32-0.320.12-0.090.27-0.120.42-0.16
0.6-0.28-0.310.63-0.180.76-0.14-0.380.350.49-0.26-0.36-0.15-0.5-0.270.44-0.25-0.280.64-0.18-0.11-0.410.54-0.22-0.16
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Resource Base Account Relationship Matchups

Resource Base fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1M119.7K7.4M5.9M3.2M3.2M
Other Current Liab1.1M248.8K101.2K38.7K55.3K52.5K
Total Current Liabilities3.8M4.3M277.7K64.9K89.1K84.6K
Total Stockholder Equity(2.9M)(4.2M)7.0M5.9M3.1M1.8M
Accounts Payable454.7K661.9K166.8K26.2K33.8K32.1K
Cash24.3K97.9K2.1M1.6M553.3K494.6K
Other Current Assets1.0M21.7K28.0K51.5K3.9K3.7K
Total Liab4.0M4.3M324.8K64.9K89.1K84.6K
Property Plant Equipment203.00.05.2M4.3M3.8M2.2M
Short Long Term Debt Total2.3M3.2M56.9K56.9K65.4K62.1K
Net Debt2.2M3.1M(2.1M)(1.6M)(553.3K)(525.6K)
Retained Earnings(17.5M)(19.2M)(21.4M)(25.4M)(28.2M)(26.8M)
Other Assets0.0(203.0)10K30.6K27.5K26.2K
Cash And Short Term Investments24.3K97.9K2.1M1.6M585.1K642.4K
Net Receivables17.1K34.3K71.8K21.7K19.5K18.6K
Liabilities And Stockholders Equity1.1M119.7K7.4M5.9M3.2M3.3M
Total Current Assets1.1M119.7K2.2M1.6M589.0K665.0K
Short Term Debt2.0M2.3M3.4M9.8K11.2K10.7K
Short Long Term Debt2.0M2.6M3.4M9.8K11.2K10.7K
Net Tangible Assets(2.9M)(4.2M)7.0M5.9M6.7M7.1M
Cash And Equivalents234.9K24.3K97.9K2.1M2.5M2.6M
Net Invested Capital(259.1K)(791.0K)7.1M5.9M3.1M2.3M
Net Working Capital(2.7M)(4.2M)1.9M1.6M499.9K524.9K

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