ReTo Historical Balance Sheet

RETO Stock  USD 0.98  0.00  0.000002%   
Trend analysis of ReTo Eco Solutions balance sheet accounts such as Total Stockholder Equity of 4.1 M, Property Plant And Equipment Net of 7.6 M, Net Debt of 10.1 M or Accounts Payable of 2.4 M provides information on ReTo Eco's total assets, liabilities, and equity, which is the actual value of ReTo Eco Solutions to its prevalent stockholders. By breaking down trends over time using ReTo Eco balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining ReTo Eco Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ReTo Eco Solutions is a good buy for the upcoming year.

ReTo Eco Inventory

129,381

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About ReTo Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ReTo Eco Solutions at a specified time, usually calculated after every quarter, six months, or one year. ReTo Eco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ReTo Eco and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ReTo currently owns. An asset can also be divided into two categories, current and non-current.

ReTo Eco Balance Sheet Chart

At this time, ReTo Eco's Non Current Assets Total are very stable compared to the past year. As of the 17th of December 2024, Long Term Debt is likely to grow to about 5 M, while Total Stockholder Equity is likely to drop about 4.1 M.

Total Assets

Total assets refers to the total amount of ReTo Eco 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 ReTo Eco Solutions 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.

Total Current Liabilities

Total Current Liabilities is an item on ReTo Eco balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ReTo Eco Solutions are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from ReTo Eco's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ReTo Eco Solutions current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, ReTo Eco's Non Current Assets Total are very stable compared to the past year. As of the 17th of December 2024, Long Term Debt is likely to grow to about 5 M, while Total Stockholder Equity is likely to drop about 4.1 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total5.9M7.9M9.8M11.8M
Total Assets31.0M24.1M25.2M42.8M

ReTo Eco balance sheet Correlations

0.490.310.740.910.920.890.230.78-0.130.510.95-0.130.570.240.510.8-0.09-0.250.260.010.53-0.18-0.240.560.53
0.490.640.620.150.20.750.890.750.680.110.71-0.410.180.940.110.080.720.620.95-0.770.73-0.32-0.850.97-0.37
0.310.640.360.120.130.540.610.430.27-0.030.520.050.070.65-0.03-0.160.650.590.67-0.330.340.12-0.440.64-0.2
0.740.620.360.550.570.840.380.780.250.460.77-0.20.020.350.460.640.13-0.090.38-0.310.3-0.15-0.490.780.33
0.910.150.120.550.990.74-0.090.63-0.420.510.760.080.63-0.10.510.86-0.36-0.46-0.080.370.38-0.070.10.230.67
0.920.20.130.570.990.75-0.050.62-0.40.510.79-0.020.64-0.060.510.83-0.35-0.46-0.030.360.39-0.060.10.270.68
0.890.750.540.840.740.750.530.930.170.380.96-0.120.440.530.380.620.240.120.56-0.270.67-0.26-0.510.820.2
0.230.890.610.38-0.09-0.050.530.560.65-0.350.49-0.330.190.93-0.35-0.160.680.780.94-0.760.64-0.23-0.790.83-0.53
0.780.750.430.780.630.620.930.560.350.330.85-0.140.410.580.330.640.340.240.59-0.440.76-0.41-0.680.80.0
-0.130.680.270.25-0.42-0.40.170.650.35-0.020.05-0.56-0.210.77-0.02-0.20.840.730.74-0.90.46-0.28-0.810.64-0.74
0.510.11-0.030.460.510.510.38-0.350.33-0.020.38-0.12-0.05-0.11.00.52-0.01-0.43-0.090.090.11-0.17-0.010.170.38
0.950.710.520.770.760.790.960.490.850.050.38-0.120.510.50.380.60.160.020.52-0.220.64-0.28-0.460.760.31
-0.13-0.410.05-0.20.08-0.02-0.12-0.33-0.14-0.56-0.12-0.12-0.19-0.38-0.12-0.07-0.31-0.16-0.380.39-0.350.010.28-0.360.17
0.570.180.070.020.630.640.440.190.41-0.21-0.050.51-0.190.15-0.050.46-0.12-0.020.150.190.69-0.240.050.110.22
0.240.940.650.35-0.1-0.060.530.930.580.77-0.10.5-0.380.15-0.1-0.170.850.821.0-0.850.72-0.31-0.860.86-0.62
0.510.11-0.030.460.510.510.38-0.350.33-0.021.00.38-0.12-0.05-0.10.52-0.01-0.43-0.090.090.11-0.17-0.010.170.38
0.80.08-0.160.640.860.830.62-0.160.64-0.20.520.6-0.070.46-0.170.52-0.39-0.53-0.170.210.3-0.15-0.020.220.62
-0.090.720.650.13-0.36-0.350.240.680.340.84-0.010.16-0.31-0.120.85-0.01-0.390.880.84-0.80.52-0.24-0.750.64-0.76
-0.250.620.59-0.09-0.46-0.460.120.780.240.73-0.430.02-0.16-0.020.82-0.43-0.530.880.81-0.720.5-0.17-0.670.5-0.88
0.260.950.670.38-0.08-0.030.560.940.590.74-0.090.52-0.380.151.0-0.09-0.170.840.81-0.820.71-0.3-0.840.88-0.59
0.01-0.77-0.33-0.310.370.36-0.27-0.76-0.44-0.90.09-0.220.390.19-0.850.090.21-0.8-0.72-0.82-0.50.470.95-0.720.69
0.530.730.340.30.380.390.670.640.760.460.110.64-0.350.690.720.110.30.520.50.71-0.5-0.58-0.620.64-0.32
-0.18-0.320.12-0.15-0.07-0.06-0.26-0.23-0.41-0.28-0.17-0.280.01-0.24-0.31-0.17-0.15-0.24-0.17-0.30.47-0.580.5-0.280.18
-0.24-0.85-0.44-0.490.10.1-0.51-0.79-0.68-0.81-0.01-0.460.280.05-0.86-0.01-0.02-0.75-0.67-0.840.95-0.620.5-0.830.56
0.560.970.640.780.230.270.820.830.80.640.170.76-0.360.110.860.170.220.640.50.88-0.720.64-0.28-0.83-0.23
0.53-0.37-0.20.330.670.680.2-0.530.0-0.740.380.310.170.22-0.620.380.62-0.76-0.88-0.590.69-0.320.180.56-0.23
Click cells to compare fundamentals

ReTo Eco Account Relationship Matchups

ReTo Eco balance sheet Accounts

201920202021202220232024 (projected)
Total Assets70.8M58.0M31.0M24.1M25.2M42.8M
Short Long Term Debt Total17.5M16.2M5.9M7.9M9.8M11.8M
Other Current Liab9.1M8.6M3.9M3.8M3.2M4.2M
Total Current Liabilities25.2M23.0M16.8M17.7M17.3M17.6M
Total Stockholder Equity36.1M27.3M13.6M4.2M4.4M4.1M
Net Tangible Assets44.5M30.0M20.9M(630.7K)(725.3K)(689.0K)
Property Plant And Equipment Net38.0M35.5M10.0M9.1M8.0M7.6M
Net Debt16.7M15.1M5.4M7.8M8.4M10.1M
Retained Earnings(5.7M)(17.2M)(33.3M)(47.8M)(63.5M)(60.3M)
Accounts Payable2.6M502.0K2.1M2.6M3.0M2.4M
Cash897.3K1.1M457.5K113.9K1.4M1.6M
Non Current Assets Total45.3M44.7M17.9M16.5M14.8M28.3M
Non Currrent Assets Other1.2M2.8B2.8B(16.5M)4.4M4.2M
Other Assets296.5K6.1M1.2M2.02.32.18
Long Term Debt8.1M7.3M6.3M1.2M3.0M5.0M
Cash And Short Term Investments897.3K1.1M457.5K113.9K1.4M1.6M
Net Receivables11.9M3.9M8.0M2.8M1.8M1.7M
Common Stock Shares Outstanding2.3M241.2K261.6K388.0K804.6K764.3K
Liabilities And Stockholders Equity70.8M58.0M31.0M24.1M25.2M42.8M
Non Current Liabilities Total7.6M7.0M120.6K1.3M3.1M4.6M
Inventory888.2K730.2K463.7K337.8K136.2K129.4K
Other Current Assets11.8M2.9M4.1M4.2M7.1M4.2M
Other Stockholder Equity42.7M43.7M46.8M53.3M68.9M44.0M
Total Liab32.8M30.0M16.9M19.0M20.4M22.2M
Short Long Term Debt9.7M9.6M5.6M6.3M6.7M8.5M
Total Current Assets25.5M13.3M13.0M7.5M10.5M14.5M
Accumulated Other Comprehensive Income(894.6K)787.3K95.0K(1.3M)(1.2M)(1.1M)
Short Term Debt9.9M8.0M5.7M6.6M6.8M7.0M
Intangible Assets6.1M6.4M4.1M4.9M4.4M4.8M
Common Stock23.2K24.1K29.0K43.4K120.5K126.5K
Property Plant Equipment40.0M38.0M35.5M9.1M8.2M7.8M
Current Deferred Revenue3.6M4.2M2.1M2.6M2.1M3.6M
Property Plant And Equipment Gross38.0M35.5M20.8M19.6M18.8M24.6M
Net Invested Capital53.2M43.1M19.1M11.7M14.0M13.3M
Net Working Capital248.5K(9.7M)(3.7M)(10.1M)(6.8M)(6.5M)
Capital Stock23.2K24.1K29.0K43.4K120.5K126.5K

Pair Trading with ReTo Eco

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 ReTo Eco 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 ReTo Eco will appreciate offsetting losses from the drop in the long position's value.

Moving together with ReTo Stock

  0.67CX Cemex SAB dePairCorr

Moving against ReTo Stock

  0.85USLM United States LimePairCorr
  0.82SUM Summit MaterialsPairCorr
  0.81CRH CRH PLC ADRPairCorr
  0.79CPAC Cementos Pacasmayo SAAPairCorr
  0.78VMC Vulcan MaterialsPairCorr
The ability to find closely correlated positions to ReTo Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ReTo Eco 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 ReTo Eco - 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 ReTo Eco Solutions to buy it.
The correlation of ReTo Eco 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 ReTo Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ReTo Eco Solutions 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 ReTo Eco 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 ReTo Eco Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ReTo Eco'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 Reto Eco Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reto Eco Solutions Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Construction Materials 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 ReTo Eco. If investors know ReTo 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 ReTo Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.94
Revenue Per Share
2.016
Quarterly Revenue Growth
0.49
Return On Assets
(0.12)
Return On Equity
(0.79)
The market value of ReTo Eco Solutions is measured differently than its book value, which is the value of ReTo that is recorded on the company's balance sheet. Investors also form their own opinion of ReTo Eco's value that differs from its market value or its book value, called intrinsic value, which is ReTo Eco'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 ReTo Eco's market value can be influenced by many factors that don't directly affect ReTo Eco'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 ReTo Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReTo Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReTo Eco'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.