Reddit, Long Term Investments vs Net Invested Capital Analysis

RDDT Stock   140.69  0.65  0.46%   
Reddit, financial indicator trend analysis is much more than just breaking down Reddit, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reddit, is a good investment. Please check the relationship between Reddit, Long Term Investments and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.

Long Term Investments vs Net Invested Capital

Long Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reddit, Long Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Reddit,'s Long Term Investments and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Reddit,, assuming nothing else is changed. The correlation between historical values of Reddit,'s Long Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Reddit, are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Investments i.e., Reddit,'s Long Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Investments

Long Term Investments is an item on the asset side of Reddit, balance sheet that represents investments Reddit, intends to hold for over a year. Reddit, long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Reddit,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reddit, 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 Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.At this time, Reddit,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 136.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.8M8M13.7M7.3M
Tax Provision340K622K3.8M4.0M

Reddit, fundamental ratios Correlations

0.00.790.891.00.261.0-0.78-0.930.920.790.710.310.951.00.940.780.90.650.330.0-0.56-0.50.940.84-0.94
0.00.610.45-0.030.96-0.010.56-0.310.38-0.540.660.460.31-0.070.330.560.390.64-0.771.0-0.49-0.770.340.52-0.28
0.790.610.980.770.790.79-0.26-0.910.960.280.980.440.940.740.950.980.930.93-0.150.61-0.67-0.830.950.99-0.9
0.890.450.980.870.670.89-0.43-0.960.990.440.950.420.990.850.990.970.970.89-0.010.45-0.66-0.770.991.0-0.95
1.0-0.030.770.870.231.0-0.8-0.920.910.810.680.30.931.00.930.760.890.620.35-0.03-0.55-0.480.930.83-0.93
0.260.960.790.670.230.260.33-0.540.61-0.310.820.540.540.190.570.740.610.78-0.670.96-0.63-0.890.570.72-0.52
1.0-0.010.790.891.00.26-0.76-0.930.910.770.720.260.950.990.930.790.90.670.36-0.01-0.54-0.470.940.85-0.94
-0.780.56-0.26-0.43-0.80.33-0.760.53-0.51-1.0-0.12-0.17-0.54-0.82-0.55-0.24-0.44-0.04-0.590.560.180.05-0.54-0.350.55
-0.93-0.31-0.91-0.96-0.92-0.54-0.930.53-0.96-0.55-0.85-0.47-0.97-0.91-0.97-0.89-0.99-0.8-0.02-0.310.780.72-0.97-0.941.0
0.920.380.960.990.910.610.91-0.51-0.960.520.910.440.990.891.00.940.960.840.030.38-0.65-0.751.00.98-0.96
0.79-0.540.280.440.81-0.310.77-1.0-0.550.520.140.190.550.830.570.250.470.050.57-0.54-0.21-0.070.550.36-0.57
0.710.660.980.950.680.820.72-0.12-0.850.910.140.320.90.650.890.990.890.98-0.150.66-0.61-0.780.90.97-0.85
0.310.460.440.420.30.540.26-0.17-0.470.440.190.320.350.290.440.270.450.15-0.690.46-0.8-0.830.390.41-0.44
0.950.310.940.990.930.540.95-0.54-0.970.990.550.90.350.920.990.940.970.850.130.31-0.64-0.671.00.97-0.98
1.0-0.070.740.851.00.190.99-0.82-0.910.890.830.650.290.920.910.740.870.590.37-0.07-0.53-0.450.910.8-0.92
0.940.330.950.990.930.570.93-0.55-0.971.00.570.890.440.990.910.930.960.820.060.33-0.66-0.731.00.97-0.97
0.780.560.980.970.760.740.79-0.24-0.890.940.250.990.270.940.740.930.920.97-0.020.56-0.57-0.720.940.98-0.88
0.90.390.930.970.890.610.9-0.44-0.990.960.470.890.450.970.870.960.920.85-0.030.39-0.79-0.740.970.96-0.99
0.650.640.930.890.620.780.67-0.04-0.80.840.050.980.150.850.590.820.970.85-0.070.64-0.52-0.660.840.92-0.8
0.33-0.77-0.15-0.010.35-0.670.36-0.59-0.020.030.57-0.15-0.690.130.370.06-0.02-0.03-0.07-0.770.510.630.09-0.07-0.06
0.01.00.610.45-0.030.96-0.010.56-0.310.38-0.540.660.460.31-0.070.330.560.390.64-0.77-0.49-0.770.340.52-0.28
-0.56-0.49-0.67-0.66-0.55-0.63-0.540.180.78-0.65-0.21-0.61-0.8-0.64-0.53-0.66-0.57-0.79-0.520.51-0.490.82-0.64-0.670.76
-0.5-0.77-0.83-0.77-0.48-0.89-0.470.050.72-0.75-0.07-0.78-0.83-0.67-0.45-0.73-0.72-0.74-0.660.63-0.770.82-0.71-0.790.69
0.940.340.950.990.930.570.94-0.54-0.971.00.550.90.391.00.911.00.940.970.840.090.34-0.64-0.710.98-0.97
0.840.520.991.00.830.720.85-0.35-0.940.980.360.970.410.970.80.970.980.960.92-0.070.52-0.67-0.790.98-0.94
-0.94-0.28-0.9-0.95-0.93-0.52-0.940.551.0-0.96-0.57-0.85-0.44-0.98-0.92-0.97-0.88-0.99-0.8-0.06-0.280.760.69-0.97-0.94
Click cells to compare fundamentals

Reddit, Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Reddit, Stock Analysis

When running Reddit,'s price analysis, check to measure Reddit,'s 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 Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.