Rithm Cash vs Total Current Liabilities Analysis
RITM Stock | USD 11.12 0.04 0.36% |
Rithm Capital financial indicator trend analysis is much more than just breaking down Rithm Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rithm Capital Corp is a good investment. Please check the relationship between Rithm Capital Cash and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rithm Capital Corp. 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.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rithm Capital Corp Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rithm Capital's Cash and Total Current Liabilities is -0.47. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Rithm Capital Corp, assuming nothing else is changed. The correlation between historical values of Rithm Capital's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Rithm Capital Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Rithm Capital's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Rithm Capital Corp, which is listed under current asset account on Rithm Capital Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rithm Capital customers. The amounts must be unrestricted with restricted cash listed in a different Rithm Capital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Liabilities
Total Current Liabilities is an item on Rithm Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rithm Capital Corp 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 indicators from Rithm Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rithm Capital Corp 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 Rithm Capital Corp. 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, Rithm Capital's Tax Provision is very stable compared to the past year. As of the 15th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Selling General Administrative is likely to drop about 637.1 M.
2021 | 2022 | 2023 (projected) | Research Development | 0.33 | 0.74 | 0.2 | Cost Of Revenue | 1.1B | 1.2B | 787.1M |
Rithm Capital fundamental ratios Correlations
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Rithm Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rithm Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.9B | 33.3B | 39.7B | 32.5B | 35.3B | 26.4B | |
Short Long Term Debt Total | 7.7B | 25.7B | 29.8B | 22.4B | 24.1B | 13.3B | |
Other Current Liab | (902.1M) | (191.9M) | (376.8M) | (731.2M) | (314.7M) | (330.4M) | |
Total Current Liabilities | 902.1M | 154K | 376.8M | 545.1M | 314.7M | 299.0M | |
Total Stockholder Equity | 7.2B | 5.3B | 6.6B | 6.9B | 7.0B | 4.9B | |
Net Debt | 7.2B | 24.8B | 28.4B | 20.6B | 22.8B | 12.6B | |
Accounts Payable | 902.1M | 191.9M | 376.8M | 731.2M | 314.7M | 299.0M | |
Non Current Assets Total | 24.0B | 18.2B | 16.8B | 11.8M | 46.7K | 44.4K | |
Non Currrent Assets Other | (107.5M) | (25.2M) | (217.0M) | (17.4B) | (19.2B) | (18.3B) | |
Other Assets | (9.4B) | (4.2B) | 9.4B | 21.4B | 35.3B | 37.1B | |
Cash And Short Term Investments | 20.0B | 15.2B | 10.7B | 2.2B | 267.5K | 254.1K | |
Net Receivables | 10.3B | 4.8B | 3.8B | 3.3B | 3.8B | 4.3B | |
Common Stock Shares Outstanding | 409.0M | 415.5M | 467.7M | 481.6M | 483.7M | 342.9M | |
Short Term Investments | 19.5B | 14.2B | 9.4B | 8.3B | 9.8B | 8.5B | |
Liabilities And Stockholders Equity | 44.9B | 33.3B | 39.7B | 32.5B | 35.3B | 26.4B | |
Non Current Liabilities Total | 7.7B | 25.7B | 30.2B | 1.3B | 25.0B | 26.2B | |
Inventory | 93.7M | 45.3M | 21.6M | 19.4M | 15.5M | 14.7M | |
Other Current Assets | (11.9B) | 11.0B | 536.9M | (7.5B) | (8.4B) | (8.0B) | |
Other Stockholder Equity | 5.5B | 5.5B | 6.1B | 6.1B | 6.1B | 4.1B | |
Total Liab | 37.6B | 27.8B | 30.2B | 25.5B | 28.2B | 21.1B | |
Total Current Assets | 30.3B | 19.3B | 13.6B | 11.0B | 267.5K | 254.1K | |
Accumulated Other Comprehensive Income | 682.2M | 65.7M | 90.3M | 37.7M | 43.7M | 41.5M | |
Intangible Assets | 4.5B | 3.9B | 7.2B | 8.9B | 8.8B | 9.2B | |
Retained Earnings | 549.7M | (1.1B) | (813.0M) | (418.7M) | (373.1M) | (354.5M) | |
Cash | 528.7M | 944.9M | 1.3B | 1.3B | 1.3B | 700.2M | |
Short Term Debt | 23.0B | 15.0B | 15.3B | 545.1M | 1.8B | 1.7B | |
Common Stock | 4.2M | 4.1M | 4.7M | 4.7M | 4.8M | 3.8M | |
Property Plant And Equipment Net | 50.1M | 54.4M | 173.7M | 115.2M | 144.2M | 137.0M | |
Current Deferred Revenue | (22.1B) | (15.0B) | (15.0B) | (1.5B) | (1.4B) | (1.4B) | |
Good Will | 24.6M | 29.7M | 29.5M | 85.2M | 131.9M | 76.8M | |
Other Liab | 197.9M | 100.8M | 581.3M | 1.0B | 1.2B | 1.2B | |
Net Tangible Assets | 6.7B | 4.4B | 5.1B | 5.7B | 5.1B | 4.5B | |
Long Term Debt | 7.9B | 8.2B | 9.2B | 21.9B | 24.0B | 14.3B | |
Net Invested Capital | 14.6B | 12.7B | 14.5B | 27.6B | 29.7B | 20.6B | |
Long Term Investments | 19.6B | 14.3B | 9.5B | 8.3B | 10.0B | 9.8B | |
Capital Stock | 427.6M | 817.1M | 1.3B | 1.3B | 1.3B | 923.9M | |
Property Plant Equipment | 50.1M | 53.9M | 173.7M | 115.2M | 132.5M | 88.9M |
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Is Asset Management & Custody Banks 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 Rithm Capital. If investors know Rithm 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 Rithm Capital 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 (0.51) | Dividend Share 1 | Earnings Share 0.98 | Revenue Per Share 6.184 | Quarterly Revenue Growth (0.17) |
The market value of Rithm Capital Corp is measured differently than its book value, which is the value of Rithm that is recorded on the company's balance sheet. Investors also form their own opinion of Rithm Capital's value that differs from its market value or its book value, called intrinsic value, which is Rithm Capital'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 Rithm Capital's market value can be influenced by many factors that don't directly affect Rithm Capital'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 Rithm Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rithm Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rithm Capital'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.