Redfin Property Plant And Equipment Net vs Other Liab Analysis

RDFN Stock  USD 8.87  0.32  3.74%   
Redfin Corp financial indicator trend analysis is much more than just breaking down Redfin Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redfin Corp is a good investment. Please check the relationship between Redfin Corp Property Plant And Equipment Net and its Other Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Property Plant And Equipment Net vs Other Liab

Property Plant And Equipment Net vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redfin Corp Property Plant And Equipment Net account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Redfin Corp's Property Plant And Equipment Net and Other Liab is -0.1. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Liab in the same time period over historical financial statements of Redfin Corp, assuming nothing else is changed. The correlation between historical values of Redfin Corp's Property Plant And Equipment Net and Other 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 Property Plant And Equipment Net of Redfin Corp are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Property Plant And Equipment Net i.e., Redfin Corp's Property Plant And Equipment Net and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Liab

Most indicators from Redfin Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redfin Corp 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 Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.At this time, Redfin Corp's Selling General Administrative is very stable compared to the past year. As of the 17th of February 2025, Enterprise Value is likely to grow to about 2.2 B, while Tax Provision is likely to drop about 498.5 K.
 2022 2023 2024 2025 (projected)
Gross Profit286.1M329.8M379.3M197.0M
Total Revenue2.3B976.7M1.1B911.5M

Redfin Corp fundamental ratios Correlations

0.820.870.850.49-0.360.350.830.75-0.50.840.360.81-0.320.670.440.850.780.750.650.620.330.820.880.730.65
0.820.980.970.72-0.190.480.930.75-0.210.90.640.83-0.640.620.70.970.760.850.70.630.680.850.850.770.78
0.870.980.990.67-0.230.450.930.81-0.330.950.520.89-0.520.640.60.980.830.870.680.650.580.90.860.790.79
0.850.970.990.57-0.330.320.90.86-0.390.960.440.9-0.510.540.510.950.850.80.590.740.640.910.790.860.71
0.490.720.670.570.410.930.760.250.380.450.80.41-0.580.60.830.690.330.890.77-0.090.430.430.820.110.92
-0.36-0.19-0.23-0.330.410.55-0.1-0.570.76-0.310.33-0.46-0.07-0.040.25-0.2-0.50.120.13-0.72-0.1-0.450.0-0.640.27
0.350.480.450.320.930.550.580.020.450.210.720.19-0.340.60.750.470.130.780.77-0.360.10.230.73-0.170.84
0.830.930.930.90.76-0.10.580.7-0.160.820.570.79-0.610.640.660.920.70.890.740.470.60.780.930.630.82
0.750.750.810.860.25-0.570.020.7-0.690.87-0.010.98-0.140.420.130.740.980.60.330.750.40.960.590.830.46
-0.5-0.21-0.33-0.390.380.760.45-0.16-0.69-0.510.45-0.59-0.35-0.260.33-0.27-0.67-0.030.03-0.690.18-0.61-0.14-0.640.14
0.840.90.950.960.45-0.310.210.820.87-0.510.320.91-0.390.550.390.920.870.750.480.770.530.910.730.870.64
0.360.640.520.440.80.330.720.57-0.010.450.320.15-0.80.550.970.610.050.570.690.060.50.210.580.180.59
0.810.830.890.90.41-0.460.190.790.98-0.590.910.15-0.230.560.290.830.990.730.450.690.420.980.710.80.59
-0.32-0.64-0.52-0.51-0.58-0.07-0.34-0.61-0.14-0.35-0.39-0.8-0.23-0.29-0.76-0.61-0.11-0.4-0.37-0.32-0.83-0.21-0.43-0.4-0.4
0.670.620.640.540.6-0.040.60.640.42-0.260.550.550.56-0.290.670.730.550.670.630.2-0.030.620.730.320.58
0.440.70.60.510.830.250.750.660.130.330.390.970.29-0.760.670.670.20.640.790.110.470.360.660.240.63
0.850.970.980.950.69-0.20.470.920.74-0.270.920.610.83-0.610.730.670.770.860.640.620.570.850.860.760.77
0.780.760.830.850.33-0.50.130.70.98-0.670.870.050.99-0.110.550.20.770.670.370.680.310.980.650.770.53
0.750.850.870.80.890.120.780.890.6-0.030.750.570.73-0.40.670.640.860.670.740.210.390.730.940.40.98
0.650.70.680.590.770.130.770.740.330.030.480.690.45-0.370.630.790.640.370.740.150.240.530.820.290.71
0.620.630.650.74-0.09-0.72-0.360.470.75-0.690.770.060.69-0.320.20.110.620.680.210.150.520.70.290.980.06
0.330.680.580.640.43-0.10.10.60.40.180.530.50.42-0.83-0.030.470.570.310.390.240.520.360.350.590.38
0.820.850.90.910.43-0.450.230.780.96-0.610.910.210.98-0.210.620.360.850.980.730.530.70.360.720.810.59
0.880.850.860.790.820.00.730.930.59-0.140.730.580.71-0.430.730.660.860.650.940.820.290.350.720.460.89
0.730.770.790.860.11-0.64-0.170.630.83-0.640.870.180.8-0.40.320.240.760.770.40.290.980.590.810.460.27
0.650.780.790.710.920.270.840.820.460.140.640.590.59-0.40.580.630.770.530.980.710.060.380.590.890.27
Click cells to compare fundamentals

Redfin Corp Account Relationship Matchups

Redfin Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding98.6M104.7M107.9M113.2M130.1M94.0M
Total Assets1.4B2.0B1.6B1.2B1.3B952.1M
Other Current Liab82.6M118.1M111.1M90.4M103.9M68.5M
Total Current Liabilities185.7M401.8M354.6M268.4M308.7M174.8M
Total Stockholder Equity630.4M349.7M103.9M42.7M49.1M46.7M
Net Tangible Assets319.9M619.4M(245.6M)(58.4M)(67.2M)(63.8M)
Property Plant And Equipment Net88.1M112.9M97.1M78.2M89.9M66.2M
Net Debt(290.2M)949.4M1.1B860.1M989.1M1.0B
Retained Earnings(270.3M)(372.2M)(693.3M)(823.3M)(741.0M)(703.9M)
Accounts Payable5.6M12.5M11.1M10.5M12.1M6.5M
Cash925.3M591.0M239.8M149.8M172.2M163.6M
Non Current Assets Total119.7M775.9M797.7M708.6M814.9M855.6M
Non Currrent Assets Other(1.4B)(2.0B)(43.4M)10.5M9.4M9.9M
Other Assets64.7M12.9M11.2M39.5M45.4M47.7M
Cash And Short Term Investments1.1B624.7M362.1M191.7M220.5M407.5M
Net Receivables54.7M69.6M46.4M51.7M59.5M35.0M
Common Stock Total Equity93K103K106K110K126.5K84.2K
Short Term Investments131.6M33.7M122.3M42.0M48.2M55.4M
Liabilities And Stockholders Equity1.4B2.0B1.6B1.2B1.3B952.1M
Non Current Liabilities Total544.4M1.3B1.1B842.5M968.9M654.3M
Inventory49.2M358.2M114.3M4.6M5.3M5.0M
Other Current Assets80.1M193.5M261.4M201.6M231.8M243.4M
Other Stockholder Equity860.6M682.1M758.0M826.1M950.1M567.6M
Total Liab730.1M1.7B1.5B1.1B1.3B829.1M
Property Plant And Equipment Gross88.1M112.9M55.1M167.5M192.6M202.2M
Short Long Term Debt85.5M256.1M213.9M152.0M174.8M91.3M
Total Current Assets1.2B1.2B776.5M445.0M511.8M622.5M
Accumulated Other Comprehensive Income211K(174K)(801K)(182K)(209.3K)(219.8K)
Short Term Debt97.4M271.1M232.5M167.6M192.7M100.2M
Intangible Assets1.8M185.9M198.5M155.5M178.8M187.7M
Common Stock103K106K110K117K134.6K89.1K
Property Plant Equipment91.6M44.0M58.7M55.1M63.4M44.5M
Current Deferred Revenue14.9M6.7M5.7M5.5M6.3M5.1M
Short Long Term Debt Total635.0M1.5B1.3B1.0B1.2B765.4M
Long Term Debt488.3M1.2B1.1B813.2M935.1M601.4M
Retained Earnings Total Equity(251.8M)(270.3M)(372.2M)(693.3M)(624.0M)(592.8M)
Capital Surpluse583.1M860.6M682.1M758.0M871.6M695.0M

Pair Trading with Redfin Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Redfin Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Redfin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Redfin Stock

  0.74MDV Modiv IncPairCorr
  0.73GIPR Generationome PropertiesPairCorr
  0.68O Realty Income Earnings Call Next WeekPairCorr

Moving against Redfin Stock

  0.31AHT-PD Ashford Hospitality TrustPairCorr
The ability to find closely correlated positions to Redfin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Redfin Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Redfin Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Redfin Corp to buy it.
The correlation of Redfin Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Redfin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redfin Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Redfin Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Redfin Corp. If investors know Redfin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.286
Earnings Share
(1.27)
Revenue Per Share
8.511
Quarterly Revenue Growth
0.034
Return On Assets
(0.09)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.