RH Change To Inventory vs Change In Cash Analysis
| RH Stock | USD 385.14 1.42 0.37% |
RH financial indicator trend analysis is much more than just breaking down RH prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RH is a good investment. Please check the relationship between RH Change To Inventory and its Change In Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in RH Stock please use our How to Invest in RH guide.
Change To Inventory vs Change In Cash
Change To Inventory vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RH Change To Inventory account and Change In Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between RH's Change To Inventory and Change In Cash is -0.54. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change In Cash in the same time period over historical financial statements of RH, assuming nothing else is changed. The correlation between historical values of RH's Change To Inventory and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of RH are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Inventory i.e., RH's Change To Inventory and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Change In Cash
Most indicators from RH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RH 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 RH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in RH Stock please use our How to Invest in RH guide.As of now, RH's Tax Provision is increasing as compared to previous years. The RH's current Enterprise Value Over EBITDA is estimated to increase to 17.87, while Selling General Administrative is projected to decrease to under 451.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 1.8B | 1.4B | 1.5B | Total Revenue | 3.8B | 3.6B | 3.0B | 1.6B |
RH fundamental ratios Correlations
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RH Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in RH Stock please use our How to Invest in RH guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Homefurnishing Retail 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 RH. If investors know RH 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 RH 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 (0.57) | Earnings Share 2.08 | Revenue Per Share 166.229 | Quarterly Revenue Growth 0.036 | Return On Assets 0.038 |
The market value of RH is measured differently than its book value, which is the value of RH that is recorded on the company's balance sheet. Investors also form their own opinion of RH's value that differs from its market value or its book value, called intrinsic value, which is RH'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 RH's market value can be influenced by many factors that don't directly affect RH'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 RH's value and its price as these two are different measures arrived at by different means. Investors typically determine if RH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RH'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.