Rekor Total Stockholder Equity vs Non Current Assets Total Analysis
REKR Stock | USD 0.83 0.03 3.49% |
Rekor Systems financial indicator trend analysis is much more than just breaking down Rekor Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rekor Systems is a good investment. Please check the relationship between Rekor Systems Total Stockholder Equity and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rekor Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Rekor Stock, please use our How to Invest in Rekor Systems guide.
Total Stockholder Equity vs Non Current Assets Total
Total Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rekor Systems Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rekor Systems' Total Stockholder Equity and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Rekor Systems, assuming nothing else is changed. The correlation between historical values of Rekor Systems' Total Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Rekor Systems are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Rekor Systems' Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Rekor Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rekor Systems 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 Rekor Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Rekor Stock, please use our How to Invest in Rekor Systems guide.As of 12/11/2024, Discontinued Operations is likely to grow to about 409.3 K, while Selling General Administrative is likely to drop slightly above 16.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.1M | 9.0M | 18.4M | 9.7M | Total Revenue | 14.3M | 19.9M | 34.9M | 22.2M |
Rekor Systems fundamental ratios Correlations
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Rekor Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rekor Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.0M | 40.4M | 125.9M | 83.8M | 92.2M | 46.3M | |
Other Current Liab | 2.4M | 2.4M | 3.1M | 2.2M | 3.8M | 2.4M | |
Total Current Liabilities | 10.3M | 5.9M | 13.8M | 15.4M | 17.2M | 9.1M | |
Total Stockholder Equity | (3.2M) | 31.9M | 101.1M | 49.3M | 33.4M | 26.2M | |
Property Plant And Equipment Net | 1.3M | 1.5M | 16.1M | 26.4M | 24.8M | 26.0M | |
Net Debt | 22.1M | (18.2M) | (14.4M) | 17.8M | 26.9M | 28.3M | |
Retained Earnings | (28.4M) | (43.1M) | (69.9M) | (153.0M) | (198.7M) | (188.7M) | |
Accounts Payable | 5.0M | 1.4M | 7M | 6.0M | 5.1M | 3.2M | |
Cash | 1.2M | 20.6M | 25.8M | 1.9M | 15.7M | 8.1M | |
Non Current Assets Total | 18.8M | 16.3M | 95.2M | 74.6M | 66.8M | 70.2M | |
Non Currrent Assets Other | 2.9M | 1.2M | 2.0M | (649K) | 4.2M | 4.4M | |
Other Assets | 3.5M | 1.4M | 3.0M | 4.3M | 4.9M | 5.2M | |
Cash And Short Term Investments | 1.2M | 20.6M | 25.8M | 1.9M | 15.7M | 8.1M | |
Net Receivables | 4.8M | 1.4M | 953K | 3.6M | 5.3M | 3.8M | |
Common Stock Shares Outstanding | 20.0M | 24.2M | 41.2M | 49.8M | 63.2M | 66.3M | |
Liabilities And Stockholders Equity | 29.0M | 40.4M | 125.9M | 83.8M | 92.2M | 46.3M | |
Capital Surpluse | 12.3M | 15.5M | 19.4M | 68.2M | 78.5M | 82.4M | |
Other Current Assets | 230K | 883K | 2.8M | 1.8M | 1.3M | 912.1K | |
Other Stockholder Equity | 19.4M | 68.2M | 171.0M | 202.3M | 232.0M | 243.6M | |
Total Liab | 32.2M | 8.5M | 24.8M | 34.5M | 58.8M | 61.7M | |
Total Current Assets | 10.2M | 24.1M | 30.7M | 9.3M | 25.3M | 14.2M | |
Property Plant Equipment | 725K | 1.0M | 16.1M | 26.4M | 30.4M | 31.9M | |
Other Liab | 1.3M | 987K | 873K | 2.5M | 2.8M | 3.0M | |
Net Tangible Assets | (23.6M) | 18.5M | 26.2M | 7.4M | 8.6M | 9.0M | |
Non Current Liabilities Total | 21.9M | 2.6M | 11.0M | 19.1M | 41.5M | 43.6M | |
Short Long Term Debt Total | 23.3M | 2.4M | 11.4M | 19.8M | 42.3M | 44.4M | |
Long Term Debt | 20.4M | 1.4M | 37K | 2.3M | 24.9M | 26.2M | |
Long Term Debt Total | 1.4M | 875K | 20.4M | 1.4M | 1.7M | 1.6M | |
Inventory | 302K | 1.3M | 1.2M | 2.0M | 3.1M | 3.2M | |
Common Stock | 2K | 3K | 4K | 5K | 7K | 7.4K | |
Current Deferred Revenue | 749K | 1.1M | 2.4M | 3.0M | 3.6M | 3.8M | |
Net Invested Capital | 13.3M | 27.2M | 102.2M | 53.8M | 59.4M | 43.0M | |
Short Long Term Debt | 1.9M | 517K | 1.0M | 2.1M | 1.1M | 1.6M | |
Net Working Capital | (102K) | 18.2M | 16.9M | (6.2M) | 8.1M | 6.2M | |
Short Term Debt | 2.2M | 1.0M | 1.2M | 4.2M | 4.7M | 3.3M |
Pair Trading with Rekor Systems
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 Rekor Systems 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 Rekor Systems will appreciate offsetting losses from the drop in the long position's value.Moving against Rekor Stock
0.88 | DLO | Dlocal | PairCorr |
0.79 | NN | Nextnav Acquisition Corp | PairCorr |
0.77 | FIVN | Five9 Inc | PairCorr |
0.73 | GEN | Gen Digital | PairCorr |
0.72 | DBX | Dropbox | PairCorr |
The ability to find closely correlated positions to Rekor Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rekor Systems 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 Rekor Systems - 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 Rekor Systems to buy it.
The correlation of Rekor Systems 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 Rekor Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rekor Systems 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 Rekor Systems 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.Additional Tools for Rekor Stock Analysis
When running Rekor Systems' price analysis, check to measure Rekor Systems' 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 Rekor Systems is operating at the current time. Most of Rekor Systems' value examination focuses on studying past and present price action to predict the probability of Rekor Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rekor Systems' price. Additionally, you may evaluate how the addition of Rekor Systems to your portfolios can decrease your overall portfolio volatility.