Sturm Current Deferred Revenue vs Deferred Long Term Liab Analysis
RGR Stock | USD 36.10 0.49 1.34% |
Sturm Ruger financial indicator trend analysis is much more than just breaking down Sturm Ruger prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sturm Ruger is a good investment. Please check the relationship between Sturm Ruger Current Deferred Revenue and its Deferred Long Term Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sturm Ruger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Sturm Stock, please use our How to Invest in Sturm Ruger guide.
Current Deferred Revenue vs Deferred Long Term Liab
Current Deferred Revenue vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sturm Ruger Current Deferred Revenue account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sturm Ruger's Current Deferred Revenue and Deferred Long Term Liab is 0.29. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Sturm Ruger, assuming nothing else is changed. The correlation between historical values of Sturm Ruger's Current Deferred Revenue and Deferred Long Term 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 Current Deferred Revenue of Sturm Ruger are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Current Deferred Revenue i.e., Sturm Ruger's Current Deferred Revenue and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Sturm Ruger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sturm Ruger 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 Sturm Ruger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Sturm Stock, please use our How to Invest in Sturm Ruger guide.As of 12/13/2024, Selling General Administrative is likely to drop to about 30.1 M. In addition to that, Tax Provision is likely to drop to about 10.1 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 279.6M | 180.1M | 133.6M | 101.8M | Total Revenue | 730.7M | 595.8M | 543.8M | 326.4M |
Sturm Ruger fundamental ratios Correlations
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Sturm Ruger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sturm Ruger fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 349.0M | 348.3M | 442.3M | 484.8M | 398.8M | 226.7M | |
Other Current Liab | 735K | 1.1M | 49.2M | 147.6M | 40.0M | 28.0M | |
Total Current Liabilities | 61.2M | 81.8M | 77.1M | 163.1M | 63.2M | 43.9M | |
Total Stockholder Equity | 285.5M | 264.7M | 363.7M | 316.7M | 331.7M | 170.0M | |
Property Plant And Equipment Net | 73.9M | 70.7M | 73.6M | 76.9M | 71.5M | 54.0M | |
Net Debt | (33.2M) | (18.4M) | (19.6M) | (62.1M) | (13.0M) | (13.7M) | |
Retained Earnings | 368.2M | 342.6M | 438.1M | 393.1M | 418.1M | 439.0M | |
Cash | 35.4M | 20.1M | 21.0M | 65.2M | 15.2M | 22.6M | |
Non Current Assets Total | 99.6M | 113.9M | 113.6M | 122.9M | 127.4M | 74.8M | |
Non Currrent Assets Other | 20.3M | 41.6M | 9.0M | 28.4M | 33.0M | 34.7M | |
Cash And Short Term Investments | 164.9M | 141.2M | 221.0M | 224.3M | 117.7M | 60.8M | |
Net Receivables | 52.6M | 57.9M | 57.0M | 65.4M | 59.9M | 33.7M | |
Common Stock Shares Outstanding | 17.8M | 17.8M | 17.8M | 17.8M | 17.8M | 18.9M | |
Liabilities And Stockholders Equity | 349.0M | 348.3M | 442.3M | 484.8M | 398.8M | 226.7M | |
Non Current Liabilities Total | 2.3M | 1.8M | 1.6M | 5.0M | 3.9M | 3.7M | |
Inventory | 28.3M | 29.1M | 43.9M | 65.0M | 79.8M | 83.8M | |
Other Current Assets | 3.5M | 6.3M | 13.7M | 7.1M | 14.1M | 13.6M | |
Other Stockholder Equity | (106.9M) | (102.1M) | (98.7M) | (100.7M) | (110.8M) | (105.2M) | |
Total Liab | 63.5M | 83.6M | 78.7M | 168.0M | 67.1M | 56.8M | |
Property Plant And Equipment Gross | 76.5M | 72.9M | 73.6M | 447.1M | 462.4M | 485.5M | |
Total Current Assets | 249.3M | 234.4M | 328.7M | 361.8M | 271.4M | 151.9M | |
Short Term Debt | 21.1M | 43.5M | 249K | 642K | 51.3M | 53.9M | |
Accounts Payable | 29.8M | 37.1M | 12.2M | 13.3M | 11.1M | 13.0M | |
Common Stock Total Equity | 24.2M | 24.2M | 24.3M | 24.4M | 21.9M | 19.7M | |
Short Term Investments | 129.5M | 121.0M | 200.0M | 159.1M | 102.5M | 59.5M | |
Common Stock | 24.2M | 24.2M | 24.3M | 24.4M | 24.4M | 19.7M | |
Other Liab | 83K | 74K | 97K | 1.9M | 1.7M | 1.6M | |
Other Assets | 20.7M | 28.4M | 40.0M | 30.8M | 35.4M | 18.4M | |
Intangible Assets | 2.4M | 12.6M | 12.5M | 11.6M | 10.9M | 11.5M | |
Property Plant Equipment | 73.9M | 70.7M | 73.6M | 76.9M | 88.4M | 64.9M | |
Net Tangible Assets | 287.6M | 266.4M | 365.1M | 321.6M | 369.9M | 260.9M | |
Retained Earnings Total Equity | 368.2M | 342.6M | 438.1M | 393.1M | 452.1M | 291.3M | |
Capital Surpluse | 38.7M | 43.5M | 46.8M | 45.1M | 51.8M | 32.9M | |
Non Current Liabilities Other | 83K | 74K | 97K | 73K | 65.7K | 62.4K |
Pair Trading with Sturm Ruger
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 Sturm Ruger 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 Sturm Ruger will appreciate offsetting losses from the drop in the long position's value.Moving together with Sturm Stock
Moving against Sturm Stock
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0.7 | PVH | PVH Corp | PairCorr |
0.62 | DOGZ | Dogness International | PairCorr |
The ability to find closely correlated positions to Sturm Ruger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sturm Ruger 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 Sturm Ruger - 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 Sturm Ruger to buy it.
The correlation of Sturm Ruger 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 Sturm Ruger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sturm Ruger 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 Sturm Ruger 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 Sturm Stock Analysis
When running Sturm Ruger's price analysis, check to measure Sturm Ruger'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 Sturm Ruger is operating at the current time. Most of Sturm Ruger's value examination focuses on studying past and present price action to predict the probability of Sturm Ruger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sturm Ruger's price. Additionally, you may evaluate how the addition of Sturm Ruger to your portfolios can decrease your overall portfolio volatility.