Rochester Total Assets vs Cash 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 Total Assets and its Cash 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.

Total Assets vs Cash

Total Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rochester Resources Total Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rochester Resources' Total Assets and Cash is -0.4. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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' Total Assets and Cash 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 Assets of Rochester Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Rochester Resources' Total Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Rochester Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rochester Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Rochester Resources, which is listed under current asset account on Rochester Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rochester Resources customers. The amounts must be unrestricted with restricted cash listed in a different Rochester Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

-0.330.780.820.78-0.09-0.40.760.130.29-0.370.250.42-0.290.990.150.25-0.22-0.550.460.150.590.68-0.540.64-0.22
-0.33-0.6-0.65-0.530.160.38-0.030.350.670.690.660.21-0.53-0.37-0.010.660.170.550.24-0.010.220.330.46-0.65-0.06
0.78-0.60.990.99-0.58-0.390.32-0.29-0.21-0.81-0.34-0.130.280.850.47-0.34-0.7-0.88-0.010.470.630.16-0.840.88-0.61
0.82-0.650.990.97-0.45-0.430.36-0.27-0.22-0.8-0.31-0.080.210.870.33-0.31-0.59-0.820.010.330.570.19-0.820.89-0.5
0.78-0.530.990.97-0.62-0.390.34-0.27-0.13-0.76-0.3-0.110.250.860.55-0.3-0.73-0.890.00.550.690.21-0.830.87-0.65
-0.090.16-0.58-0.45-0.62-0.060.20.40.30.580.570.5-0.64-0.2-0.880.570.950.790.29-0.88-0.580.280.54-0.420.88
-0.40.38-0.39-0.43-0.39-0.06-0.20.33-0.040.31-0.070.20.22-0.440.05-0.070.070.170.20.05-0.17-0.230.38-0.50.01
0.76-0.030.320.360.340.2-0.20.630.60.160.560.8-0.520.680.00.560.17-0.210.70.00.350.84-0.050.10.15
0.130.35-0.29-0.27-0.270.40.330.630.570.590.550.85-0.430.02-0.170.550.420.250.73-0.17-0.050.530.46-0.530.37
0.290.67-0.21-0.22-0.130.3-0.040.60.570.680.90.64-0.810.230.050.90.260.30.530.050.390.840.3-0.270.08
-0.370.69-0.81-0.8-0.760.580.310.160.590.680.660.56-0.54-0.46-0.250.660.680.740.39-0.25-0.340.320.86-0.770.56
0.250.66-0.34-0.31-0.30.57-0.070.560.550.90.660.64-0.960.16-0.331.00.50.510.53-0.330.210.830.34-0.370.32
0.420.21-0.13-0.08-0.110.50.20.80.850.640.560.64-0.520.3-0.20.640.530.180.88-0.2-0.030.690.37-0.280.46
-0.29-0.530.280.210.25-0.640.22-0.52-0.43-0.81-0.54-0.96-0.52-0.210.47-0.96-0.51-0.52-0.380.47-0.19-0.81-0.260.27-0.35
0.99-0.370.850.870.86-0.2-0.440.680.020.23-0.460.160.3-0.210.240.16-0.34-0.630.350.240.650.61-0.610.73-0.32
0.15-0.010.470.330.55-0.880.050.0-0.170.05-0.25-0.33-0.20.470.24-0.33-0.79-0.68-0.051.00.58-0.06-0.360.36-0.77
0.250.66-0.34-0.31-0.30.57-0.070.560.550.90.661.00.64-0.960.16-0.330.50.510.53-0.330.210.830.34-0.370.32
-0.220.17-0.7-0.59-0.730.950.070.170.420.260.680.50.53-0.51-0.34-0.790.50.780.33-0.79-0.710.180.69-0.550.96
-0.550.55-0.88-0.82-0.890.790.17-0.210.250.30.740.510.18-0.52-0.63-0.680.510.780.06-0.68-0.57-0.010.67-0.690.66
0.460.24-0.010.010.00.290.20.70.730.530.390.530.88-0.380.35-0.050.530.330.06-0.050.090.580.19-0.20.24
0.15-0.010.470.330.55-0.880.050.0-0.170.05-0.25-0.33-0.20.470.241.0-0.33-0.79-0.68-0.050.58-0.06-0.360.36-0.77
0.590.220.630.570.69-0.58-0.170.35-0.050.39-0.340.21-0.03-0.190.650.580.21-0.71-0.570.090.580.52-0.590.45-0.81
0.680.330.160.190.210.28-0.230.840.530.840.320.830.69-0.810.61-0.060.830.18-0.010.58-0.060.520.030.020.06
-0.540.46-0.84-0.82-0.830.540.38-0.050.460.30.860.340.37-0.26-0.61-0.360.340.690.670.19-0.36-0.590.03-0.860.67
0.64-0.650.880.890.87-0.42-0.50.1-0.53-0.27-0.77-0.37-0.280.270.730.36-0.37-0.55-0.69-0.20.360.450.02-0.86-0.48
-0.22-0.06-0.61-0.5-0.650.880.010.150.370.080.560.320.46-0.35-0.32-0.770.320.960.660.24-0.77-0.810.060.67-0.48
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Rochester Resources Account Relationship Matchups

Rochester Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5M5.5M6.1M6.0M5.6M6.5M
Total Current Liabilities26.3M25.1M27.3M14.3M18.3M17.8M
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 Payable3.6M4.9M6.1M9.1M17.3M18.1M
Cash322.9K668.5K347.0K181.5K120.0K114.0K
Net Receivables758.8K1.4M1.3M1.8M1.8M1.2M
Other Current Assets30.9K18.9K50.0K42.2K48.5K31.5K
Total Liab27.4M26.6M29.2M35.0M39.8M22.3M
Total Current Assets1.8M3.6M3.8M4.1M4.2M2.9M
Property Plant Equipment728.0K1.9M2.3M1.9M1.7M1.6M
Other Liab1.1M1.3M1.5M2.5M2.9M3.0M
Inventory365.9K928.5K1.3M1.1M788.2K782.5K
Other Current Liab3.8M2.4M3.0M4.4M5.0M2.7M
Non Current Liabilities Total1.1M1.5M1.8M20.7M21.5M22.6M
Non Current Assets Total728.0K1.9M2.3M1.9M1.4M1.5M
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 Debt4.3M3.7M3.5M9.8M469.9K446.4K

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