| RFG Stock | | | 17.00 0.20 1.19% |
Roebuck Food financial indicator trend analysis is much more than just breaking down Roebuck Food Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roebuck Food Group is a good investment. Please check the relationship between Roebuck Food Capital Lease Obligations and its Net Receivables accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roebuck Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Capital Lease Obligations vs Net Receivables
Capital Lease Obligations vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Roebuck Food Group Capital Lease Obligations account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Roebuck Food's Capital Lease Obligations and Net Receivables is -0.13. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Roebuck Food Group, assuming nothing else is changed. The correlation between historical values of Roebuck Food's Capital Lease Obligations and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Roebuck Food Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Capital Lease Obligations i.e., Roebuck Food's Capital Lease Obligations and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capital Lease Obligations
Roebuck Food Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Roebuck Food asset purchases. For example, Roebuck Food can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Roebuck Food control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Net Receivables
Most indicators from Roebuck Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roebuck Food Group 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 Roebuck Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Roebuck Food's
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Roebuck Food fundamental ratios Correlations
Click cells to compare fundamentals
Roebuck Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roebuck Food fundamental ratios Accounts
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Other Information on Investing in Roebuck Stock
Balance Sheet is a snapshot of the
financial position of Roebuck Food Group at a specified time, usually calculated after every quarter, six months, or one year. Roebuck Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Roebuck Food 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 Roebuck currently owns. An asset can also be divided into two categories, current and non-current.