Recce Ebitda vs Selling And Marketing Expenses Analysis

RCE Stock   0.54  0.05  10.20%   
Recce financial indicator trend analysis is much more than just breaking down Recce prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Recce is a good investment. Please check the relationship between Recce Ebitda and its Selling And Marketing Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recce. 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.

Ebitda vs Selling And Marketing Expenses

Ebitda vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Recce Ebitda account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Recce's Ebitda and Selling And Marketing Expenses is -0.08. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Recce, assuming nothing else is changed. The correlation between historical values of Recce's Ebitda and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Recce are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Ebitda i.e., Recce's Ebitda and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebitda

Selling And Marketing Expenses

Most indicators from Recce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Recce 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 Recce. 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.
Selling General Administrative is likely to gain to about 7.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.4 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization187.7K217.2K366.8K385.1K
Cost Of Revenue187.7K217.2K366.8K385.1K

Recce fundamental ratios Correlations

0.711.00.610.390.140.150.3-0.99-0.420.160.30.341.00.720.13-0.560.151.00.340.870.60.60.160.590.41
0.710.75-0.07-0.19-0.59-0.59-0.41-0.780.28-0.57-0.410.090.740.43-0.6-0.91-0.590.73-0.360.930.130.08-0.580.0-0.32
1.00.750.560.330.080.090.23-1.0-0.360.110.230.341.00.70.07-0.610.091.00.280.90.540.540.10.540.35
0.61-0.070.560.870.80.790.88-0.53-0.970.760.880.340.560.640.790.270.790.590.950.210.820.910.80.910.95
0.39-0.190.330.870.720.720.92-0.3-0.880.670.92-0.050.340.420.720.340.720.360.870.050.820.890.730.780.89
0.14-0.590.080.80.721.00.92-0.04-0.880.990.920.280.090.230.980.641.00.120.9-0.310.470.570.990.670.93
0.15-0.590.090.790.721.00.92-0.05-0.880.990.920.270.10.220.980.631.00.120.9-0.310.460.560.990.660.93
0.3-0.410.230.880.920.920.92-0.19-0.920.91.00.080.240.320.90.490.920.270.93-0.120.680.760.920.760.97
-0.99-0.78-1.0-0.53-0.3-0.04-0.05-0.190.33-0.07-0.19-0.35-1.0-0.69-0.030.64-0.05-1.0-0.24-0.91-0.52-0.52-0.06-0.52-0.31
-0.420.28-0.36-0.97-0.88-0.88-0.88-0.920.33-0.84-0.92-0.31-0.37-0.52-0.88-0.47-0.88-0.4-0.990.02-0.77-0.87-0.88-0.87-0.98
0.16-0.570.110.760.670.990.990.9-0.07-0.840.90.290.120.190.970.580.990.140.86-0.290.410.510.990.640.91
0.3-0.410.230.880.920.920.921.0-0.19-0.920.90.080.240.320.90.490.920.270.93-0.120.680.760.920.760.97
0.340.090.340.34-0.050.280.270.08-0.35-0.310.290.080.340.260.28-0.030.270.350.270.160.240.170.240.560.25
1.00.741.00.560.340.090.10.24-1.0-0.370.120.240.340.70.08-0.60.11.00.290.890.540.550.110.540.36
0.720.430.70.640.420.230.220.32-0.69-0.520.190.320.260.70.15-0.210.220.710.440.580.620.690.210.580.45
0.13-0.60.070.790.720.980.980.9-0.03-0.880.970.90.280.080.150.660.980.10.91-0.330.460.570.990.660.92
-0.56-0.91-0.610.270.340.640.630.490.64-0.470.580.49-0.03-0.6-0.210.660.63-0.580.54-0.850.050.160.620.140.44
0.15-0.590.090.790.721.01.00.92-0.05-0.880.990.920.270.10.220.980.630.120.9-0.310.460.560.990.660.93
1.00.731.00.590.360.120.120.27-1.0-0.40.140.270.351.00.710.1-0.580.120.310.880.560.570.130.560.39
0.34-0.360.280.950.870.90.90.93-0.24-0.990.860.930.270.290.440.910.540.90.31-0.10.720.830.90.830.98
0.870.930.90.210.05-0.31-0.31-0.12-0.910.02-0.29-0.120.160.890.58-0.33-0.85-0.310.88-0.10.330.3-0.30.24-0.03
0.60.130.540.820.820.470.460.68-0.52-0.770.410.680.240.540.620.460.050.460.560.720.330.960.460.860.71
0.60.080.540.910.890.570.560.76-0.52-0.870.510.760.170.550.690.570.160.560.570.830.30.960.570.860.81
0.16-0.580.10.80.730.990.990.92-0.06-0.880.990.920.240.110.210.990.620.990.130.9-0.30.460.570.650.93
0.590.00.540.910.780.670.660.76-0.52-0.870.640.760.560.540.580.660.140.660.560.830.240.860.860.650.84
0.41-0.320.350.950.890.930.930.97-0.31-0.980.910.970.250.360.450.920.440.930.390.98-0.030.710.810.930.84
Click cells to compare fundamentals

Recce Account Relationship Matchups

Recce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M21.7M12.6M2.6M6.4M5.0M
Total Stockholder Equity2.3M20.5M10.1M(2.6M)(9.5M)(9.0M)
Cash2.7M20.9M11.6M1.6M4.4M4.4M
Common Stock18.5M43.3M44.0M44.1M54.8M57.6M
Property Plant Equipment504.7K500.6K438.7K608.4K699.7K734.7K
Other Current Liab642.5K478.3K1.9M3.8M10.9M11.4M
Total Current Liabilities885.2K1.1M2.4M4.8M15.1M15.8M
Property Plant And Equipment Net504.7K500.6K438.8K608.4K1.2M1.3M
Net Debt(2.6M)(20.7M)(11.5M)(1.3M)(3.6M)(3.8M)
Retained Earnings(18.0M)(31.5M)(42.5M)(55.5M)(70.1M)(66.6M)
Accounts Payable159.5K487.3K481.4K948.9K4.0M4.2M
Non Current Assets Total504.7K500.6K438.8K608.4K1.2M1.3M
Non Currrent Assets Other(92.0)(55.0)(34.0)(21.0)1.01.05
Cash And Short Term Investments2.7M20.9M11.6M1.6M4.4M4.8M
Net Receivables41.4K245.5K582.7K90.7K159.4K118.5K
Liabilities And Stockholders Equity3.2M21.7M12.6M2.6M6.4M5.4M
Other Current Assets15.8K62.4K20.1K295.2K561.9K590.0K
Other Stockholder Equity(508.1K)(11.8M)(1.5M)8.8M8.0M8.3M
Total Liab931.5K1.2M2.6M5.1M15.9M16.7M
Total Current Assets2.7M21.2M12.2M1.9M5.1M5.0M
Other Liab46.3K85.2K115.3K192.1K221.0K232.0K
Net Tangible Assets2.3M20.5M10.1M(2.6M)(3.0M)(2.8M)
Common Stock Shares Outstanding128.5M157.0M175.9M175.7M177.1M128.0M
Non Current Liabilities Total46.3K99.6K115.3K294.8K823.7K864.8K
Property Plant And Equipment Gross504.7K1.0M953.7K1.2M2.0M2.1M
Accumulated Other Comprehensive Income1.8M8.7M8.6M8.8M5.7M4.8M
Intangible Assets92.055.033.020.018.017.1
Short Long Term Debt Total83.2K126.9K74.8K250.6K811.2K851.8K
Current Deferred Revenue(83.2K)(112.6K)(74.8K)(147.9K)(170.1K)(178.6K)
Short Term Debt83.2K112.6K74.8K147.9K224.1K189.6K
Net Invested Capital2.3M20.5M10.1M(2.6M)(9.5M)(9.0M)
Net Working Capital1.9M20.1M9.7M(2.9M)(9.9M)(9.4M)
Capital Stock18.5M43.3M44.0M44.1M54.8M39.6M

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