Royalty Net Invested Capital vs Total Liab Analysis

RMCOW Stock   0.01  0  19.05%   
Royalty Management financial indicator trend analysis is much more than just breaking down Royalty Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royalty Management is a good investment. Please check the relationship between Royalty Management Net Invested Capital and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Invested Capital vs Total Liab

Net Invested Capital vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royalty Management Net Invested Capital account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Royalty Management's Net Invested Capital and Total Liab is 1.0. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Liab in the same time period over historical financial statements of Royalty Management Holding, assuming nothing else is changed. The correlation between historical values of Royalty Management's Net Invested Capital and Total 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 Net Invested Capital of Royalty Management Holding are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Invested Capital i.e., Royalty Management's Net Invested Capital and Total Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Royalty Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royalty Management 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Royalty Management's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 7.50 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 541.3 K in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses2.01.4M2.0M1.3M
Depreciation And Amortization236.6K28.8K74.0K90.5K

Royalty Management fundamental ratios Correlations

0.960.970.921.00.970.01-0.011.00.990.94-0.01-0.990.920.97-0.760.541.01.01.0-0.99-0.67-0.73-0.670.76-0.59
0.960.870.770.951.0-0.230.250.960.961.00.25-0.960.781.0-0.60.330.980.970.97-0.92-0.49-0.55-0.490.56-0.51
0.970.870.990.980.890.21-0.230.970.950.83-0.23-0.950.990.89-0.860.680.950.960.96-0.99-0.79-0.84-0.790.89-0.62
0.920.770.990.930.80.35-0.380.920.890.73-0.38-0.891.00.8-0.90.760.880.90.9-0.96-0.85-0.89-0.850.95-0.63
1.00.950.980.930.960.04-0.041.00.990.93-0.04-0.980.930.96-0.780.560.991.01.0-0.99-0.69-0.75-0.690.78-0.6
0.971.00.890.80.96-0.20.220.970.970.990.22-0.970.81.0-0.620.360.990.980.98-0.93-0.51-0.57-0.510.59-0.52
0.01-0.230.210.350.04-0.2-0.980.020.05-0.29-0.98-0.050.37-0.19-0.640.84-0.06-0.04-0.03-0.14-0.74-0.69-0.740.62-0.58
-0.010.25-0.23-0.38-0.040.22-0.98-0.02-0.010.321.00.02-0.390.210.6-0.80.070.040.030.140.70.660.7-0.650.45
1.00.960.970.921.00.970.02-0.020.990.93-0.02-0.990.920.97-0.770.541.01.01.0-0.99-0.68-0.73-0.680.77-0.59
0.990.960.950.890.990.970.05-0.010.990.94-0.01-1.00.90.97-0.80.580.990.990.99-0.98-0.71-0.76-0.710.75-0.69
0.941.00.830.730.930.99-0.290.320.930.940.32-0.940.730.99-0.550.270.960.960.95-0.89-0.43-0.49-0.430.5-0.48
-0.010.25-0.23-0.38-0.040.22-0.981.0-0.02-0.010.320.02-0.390.210.6-0.80.070.040.030.140.70.660.7-0.650.45
-0.99-0.96-0.95-0.89-0.98-0.97-0.050.02-0.99-1.0-0.940.02-0.9-0.970.8-0.58-0.99-0.99-0.990.980.710.760.71-0.750.69
0.920.780.991.00.930.80.37-0.390.920.90.73-0.39-0.90.81-0.920.780.890.90.9-0.96-0.87-0.9-0.870.95-0.67
0.971.00.890.80.961.0-0.190.210.970.970.990.21-0.970.81-0.630.370.990.980.98-0.94-0.52-0.58-0.520.6-0.53
-0.76-0.6-0.86-0.9-0.78-0.62-0.640.6-0.77-0.8-0.550.60.8-0.92-0.63-0.95-0.72-0.73-0.740.840.991.00.99-0.950.88
0.540.330.680.760.560.360.84-0.80.540.580.27-0.8-0.580.780.37-0.950.480.50.51-0.65-0.99-0.97-0.990.91-0.86
1.00.980.950.880.990.99-0.060.071.00.990.960.07-0.990.890.99-0.720.481.01.0-0.98-0.62-0.68-0.620.71-0.57
1.00.970.960.91.00.98-0.040.041.00.990.960.04-0.990.90.98-0.730.51.01.0-0.98-0.64-0.7-0.640.73-0.58
1.00.970.960.91.00.98-0.030.031.00.990.950.03-0.990.90.98-0.740.511.01.0-0.98-0.65-0.7-0.650.73-0.58
-0.99-0.92-0.99-0.96-0.99-0.93-0.140.14-0.99-0.98-0.890.140.98-0.96-0.940.84-0.65-0.98-0.98-0.980.770.810.77-0.840.66
-0.67-0.49-0.79-0.85-0.69-0.51-0.740.7-0.68-0.71-0.430.70.71-0.87-0.520.99-0.99-0.62-0.64-0.650.771.01.0-0.950.87
-0.73-0.55-0.84-0.89-0.75-0.57-0.690.66-0.73-0.76-0.490.660.76-0.9-0.581.0-0.97-0.68-0.7-0.70.811.01.0-0.960.87
-0.67-0.49-0.79-0.85-0.69-0.51-0.740.7-0.68-0.71-0.430.70.71-0.87-0.520.99-0.99-0.62-0.64-0.650.771.01.0-0.950.87
0.760.560.890.950.780.590.62-0.650.770.750.5-0.65-0.750.950.6-0.950.910.710.730.73-0.84-0.95-0.96-0.95-0.7
-0.59-0.51-0.62-0.63-0.6-0.52-0.580.45-0.59-0.69-0.480.450.69-0.67-0.530.88-0.86-0.57-0.58-0.580.660.870.870.87-0.7
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Royalty Management Account Relationship Matchups

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