Roadman Total Assets vs Net Debt Analysis
| RMANF Stock | USD 0.88 0.0009 0.10% |
Roadman Investments financial indicator trend analysis is much more than just breaking down Roadman Investments Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roadman Investments Corp is a good investment. Please check the relationship between Roadman Investments Total Assets and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roadman Investments 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 board of governors.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roadman Investments Corp Total Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Roadman Investments' Total Assets and Net Debt is -0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Roadman Investments Corp, assuming nothing else is changed. The correlation between historical values of Roadman Investments' Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Roadman Investments Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Roadman Investments' Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Roadman Investments 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 Roadman Investments Corp 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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Roadman Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roadman Investments 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 Roadman Investments 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 board of governors. The Roadman Investments' current Selling General Administrative is estimated to increase to about 1.2 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
Roadman Investments fundamental ratios Correlations
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Roadman Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roadman Investments fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 341.7K | 2.9M | 818.6K | 7.5M | 5.9M | 6.2M | |
| Other Current Liab | 84.2K | 98.9K | 75.4K | 157.2K | 180.7K | 189.8K | |
| Total Current Liabilities | 482.4K | 423.1K | 829.4K | 639.7K | 790.1K | 628.0K | |
| Total Stockholder Equity | (114.3K) | 2.5M | 15.7K | 6.9M | 5.1M | 5.4M | |
| Net Tangible Assets | (114.3K) | 2.5M | 15.7K | 6.9M | 7.9M | 8.3M | |
| Retained Earnings | (13.2M) | (15.8M) | (18.5M) | (18.1M) | (19.9M) | (18.9M) | |
| Accounts Payable | 56.4K | 242.4K | 425.3K | 282.3K | 324.6K | 188.2K | |
| Cash | 81.8K | 1.0M | 111.7K | 166.7K | 178.4K | 267.8K | |
| Non Current Assets Total | 95.5K | 168.4K | 310.0K | 295.7K | 326.9K | 221.1K | |
| Net Receivables | 27.1K | 11.2K | 1.9K | 30.7K | 62.9K | 66.0K | |
| Common Stock Shares Outstanding | 127.2M | 199.3M | 21.2M | 2.3M | 2.3M | 2.1M | |
| Short Term Investments | 121.0K | 1.3M | 374.1K | 7.0M | 5.3M | 5.6M | |
| Other Stockholder Equity | 2.1M | 2.3M | 2.4M | 2.5M | 2.8M | 1.9M | |
| Total Liab | 482.4K | 423.1K | 829.4K | 639.7K | 790.1K | 628.0K | |
| Long Term Investments | 94.8K | 168.4K | 310.0K | 295.7K | 326.9K | 263.4K | |
| Short Long Term Debt | 347.8K | 88.5K | 13.5K | 183.5K | 165.2K | 181.8K | |
| Total Current Assets | 246.3K | 2.8M | 508.6K | 7.2M | 5.9M | 6.2M | |
| Common Stock | 11.0M | 16.0M | 16.2M | 22.6M | 26.0M | 27.3M | |
| Net Invested Capital | (100.8K) | 2.5M | 199.2K | 7.1M | 5.3M | 5.6M | |
| Net Working Capital | (236.1K) | 2.3M | (320.7K) | 6.6M | 5.1M | 5.3M | |
| Capital Stock | 11.0M | 16.0M | 16.2M | 22.6M | 22.6M | 17.9M |
Currently Active Assets on Macroaxis
When determining whether Roadman Investments Corp is a strong investment it is important to analyze Roadman Investments' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Roadman Investments' future performance. For an informed investment choice regarding Roadman Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roadman Investments 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 board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 Roadman Investments. If investors know Roadman 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 Roadman Investments 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 (0.68) | Earnings Share (0.58) | Quarterly Revenue Growth (0.89) | Return On Assets (0.13) | Return On Equity (0.29) |
The market value of Roadman Investments Corp is measured differently than its book value, which is the value of Roadman that is recorded on the company's balance sheet. Investors also form their own opinion of Roadman Investments' value that differs from its market value or its book value, called intrinsic value, which is Roadman Investments' 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 Roadman Investments' market value can be influenced by many factors that don't directly affect Roadman Investments' 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 Roadman Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roadman Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roadman Investments' 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.