Rochester Inventory vs Deferred Long Term Liab Analysis
RCT Stock | CAD 0.03 0.01 50.00% |
Rochester Resources financial indicator trend analysis is much more than just breaking down Rochester Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rochester Resources is a good investment. Please check the relationship between Rochester Resources Inventory and its Deferred Long Term Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rochester Resources. 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.
Inventory vs Deferred Long Term Liab
Inventory vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rochester Resources Inventory account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rochester Resources' Inventory and Deferred Long Term Liab is -0.05. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Rochester Resources, assuming nothing else is changed. The correlation between historical values of Rochester Resources' Inventory and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Rochester Resources are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Inventory i.e., Rochester Resources' Inventory and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Rochester Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rochester Resources 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 Rochester Resources. 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 drop to about 649.6 K in 2024
Rochester Resources fundamental ratios Correlations
Click cells to compare fundamentals
Rochester Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rochester Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5M | 5.5M | 6.1M | 6.0M | 5.6M | 6.5M | |
Total Current Liabilities | 26.3M | 25.1M | 27.3M | 14.3M | 18.3M | 17.8M | |
Total Stockholder Equity | (24.8M) | (21.2M) | (23.1M) | (29.0M) | (34.1M) | (32.4M) | |
Net Tangible Assets | (24.8M) | (21.2M) | (23.1M) | (29.0M) | (26.1M) | (24.8M) | |
Retained Earnings | (77.6M) | (75.1M) | (77.8M) | (83.7M) | (88.8M) | (93.3M) | |
Accounts Payable | 3.6M | 4.9M | 6.1M | 9.1M | 17.3M | 18.1M | |
Cash | 322.9K | 668.5K | 347.0K | 181.5K | 120.0K | 114.0K | |
Net Receivables | 758.8K | 1.4M | 1.3M | 1.8M | 1.8M | 1.2M | |
Other Current Assets | 30.9K | 18.9K | 50.0K | 42.2K | 48.5K | 31.5K | |
Total Liab | 27.4M | 26.6M | 29.2M | 35.0M | 39.8M | 22.3M | |
Total Current Assets | 1.8M | 3.6M | 3.8M | 4.1M | 4.2M | 2.9M | |
Property Plant Equipment | 728.0K | 1.9M | 2.3M | 1.9M | 1.7M | 1.6M | |
Other Liab | 1.1M | 1.3M | 1.5M | 2.5M | 2.9M | 3.0M | |
Inventory | 365.9K | 928.5K | 1.3M | 1.1M | 788.2K | 782.5K | |
Other Current Liab | 3.8M | 2.4M | 3.0M | 4.4M | 5.0M | 2.7M | |
Non Current Liabilities Total | 1.1M | 1.5M | 1.8M | 20.7M | 21.5M | 22.6M | |
Non Current Assets Total | 728.0K | 1.9M | 2.3M | 1.9M | 1.4M | 1.5M | |
Net Invested Capital | (20.3M) | (16.8M) | (19.2M) | (19.0M) | (33.5M) | (31.9M) | |
Net Working Capital | (24.5M) | (21.5M) | (23.5M) | (10.2M) | (14.0M) | (14.8M) | |
Net Debt | 4.3M | 3.7M | 3.5M | 9.8M | 469.9K | 446.4K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Rochester Stock Analysis
When running Rochester Resources' price analysis, check to measure Rochester Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rochester Resources is operating at the current time. Most of Rochester Resources' value examination focuses on studying past and present price action to predict the probability of Rochester Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rochester Resources' price. Additionally, you may evaluate how the addition of Rochester Resources to your portfolios can decrease your overall portfolio volatility.