Rockwell Income Quality vs Days Sales Outstanding Analysis

RMTI Stock  USD 1.67  0.04  2.45%   
Rockwell Medical financial indicator trend analysis is much more than just breaking down Rockwell Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockwell Medical is a good investment. Please check the relationship between Rockwell Medical Income Quality and its Days Sales Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Medical. 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.
For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.

Income Quality vs Days Sales Outstanding

Income Quality vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockwell Medical Income Quality account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rockwell Medical's Income Quality and Days Sales Outstanding is -0.05. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Rockwell Medical, assuming nothing else is changed. The correlation between historical values of Rockwell Medical's Income Quality and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Rockwell Medical are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Income Quality i.e., Rockwell Medical's Income Quality and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Days Sales Outstanding

Most indicators from Rockwell Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockwell Medical 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 Rockwell Medical. 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.
For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.As of now, Rockwell Medical's Issuance Of Capital Stock is decreasing as compared to previous years. The Rockwell Medical's current Sales General And Administrative To Revenue is estimated to increase to 0.20, while Selling General Administrative is projected to decrease to under 12.4 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses20.9M15.4M17.7M19.7M
Cost Of Revenue68.7M74.9M86.1M90.5M

Rockwell Medical fundamental ratios Correlations

0.12-0.08-0.190.91-0.04-0.7-0.35-0.170.78-0.050.00.90.160.050.660.19-0.030.5-0.090.960.540.5-0.010.49-0.01
0.120.380.37-0.230.640.39-0.67-0.130.140.48-0.06-0.050.340.44-0.010.310.670.740.57-0.010.28-0.460.76-0.470.41
-0.080.380.58-0.260.650.34-0.50.47-0.140.68-0.32-0.290.660.70.12-0.090.580.360.66-0.21-0.19-0.390.59-0.40.66
-0.190.370.58-0.50.320.37-0.310.71-0.190.21-0.25-0.360.240.17-0.070.280.290.590.32-0.290.0-0.260.3-0.280.16
0.91-0.23-0.26-0.5-0.22-0.81-0.08-0.30.71-0.140.020.90.07-0.030.6-0.02-0.220.09-0.230.920.380.59-0.210.59-0.08
-0.040.640.650.32-0.220.49-0.8-0.22-0.150.94-0.19-0.340.790.910.060.210.950.340.98-0.250.06-0.650.92-0.660.85
-0.70.390.340.37-0.810.49-0.190.04-0.850.470.12-0.850.280.36-0.160.110.430.020.51-0.8-0.18-0.590.41-0.590.37
-0.35-0.67-0.5-0.31-0.08-0.8-0.190.25-0.16-0.680.02-0.04-0.67-0.68-0.36-0.5-0.8-0.65-0.73-0.16-0.380.31-0.740.32-0.67
-0.17-0.130.470.71-0.3-0.220.040.25-0.11-0.18-0.23-0.14-0.01-0.16-0.05-0.11-0.280.21-0.2-0.13-0.250.17-0.220.16-0.17
0.780.14-0.14-0.190.71-0.15-0.85-0.16-0.11-0.23-0.210.87-0.12-0.130.110.04-0.060.37-0.220.820.290.320.00.31-0.16
-0.050.480.680.21-0.140.940.47-0.68-0.18-0.23-0.09-0.360.910.980.140.010.830.190.94-0.26-0.05-0.510.82-0.520.91
0.0-0.06-0.32-0.250.02-0.190.120.02-0.23-0.21-0.09-0.02-0.09-0.230.260.24-0.24-0.03-0.20.010.30.34-0.180.34-0.01
0.9-0.05-0.29-0.360.9-0.34-0.85-0.04-0.140.87-0.36-0.02-0.15-0.250.440.09-0.290.29-0.390.980.450.61-0.260.6-0.31
0.160.340.660.240.070.790.28-0.67-0.01-0.120.91-0.09-0.150.930.370.00.630.240.82-0.020.09-0.150.64-0.160.85
0.050.440.70.17-0.030.910.36-0.68-0.16-0.130.98-0.23-0.250.930.19-0.070.80.180.91-0.15-0.06-0.450.8-0.460.9
0.66-0.010.12-0.070.60.06-0.16-0.36-0.050.110.140.260.440.370.190.22-0.010.340.090.580.480.450.010.440.22
0.190.31-0.090.28-0.020.210.11-0.5-0.110.040.010.240.090.0-0.070.220.340.50.060.150.33-0.140.16-0.15-0.08
-0.030.670.580.29-0.220.950.43-0.8-0.28-0.060.83-0.24-0.290.630.8-0.010.340.360.88-0.22-0.06-0.770.92-0.780.77
0.50.740.360.590.090.340.02-0.650.210.370.19-0.030.290.240.180.340.50.360.260.380.49-0.030.42-0.050.14
-0.090.570.660.32-0.230.980.51-0.73-0.2-0.220.94-0.2-0.390.820.910.090.060.880.26-0.290.09-0.60.88-0.60.87
0.96-0.01-0.21-0.290.92-0.25-0.8-0.16-0.130.82-0.260.010.98-0.02-0.150.580.15-0.220.38-0.290.510.61-0.190.61-0.21
0.540.28-0.190.00.380.06-0.18-0.38-0.250.29-0.050.30.450.09-0.060.480.33-0.060.490.090.510.440.00.44-0.11
0.5-0.46-0.39-0.260.59-0.65-0.590.310.170.32-0.510.340.61-0.15-0.450.45-0.14-0.77-0.03-0.60.610.44-0.71.0-0.44
-0.010.760.590.3-0.210.920.41-0.74-0.220.00.82-0.18-0.260.640.80.010.160.920.420.88-0.190.0-0.7-0.70.8
0.49-0.47-0.4-0.280.59-0.66-0.590.320.160.31-0.520.340.6-0.16-0.460.44-0.15-0.78-0.05-0.60.610.441.0-0.7-0.45
-0.010.410.660.16-0.080.850.37-0.67-0.17-0.160.91-0.01-0.310.850.90.22-0.080.770.140.87-0.21-0.11-0.440.8-0.45
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Rockwell Medical Account Relationship Matchups

Rockwell Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets77.7M48.6M46.6M52.2M60.0M37.3M
Short Long Term Debt Total23.9M28.9M16.4M13.4M15.5M16.2M
Other Current Liab5.3M5.2M7.8M9.9M11.4M11.9M
Total Current Liabilities12.8M21.0M17.7M16.6M19.1M9.7M
Total Stockholder Equity34.2M2.5M14.1M21.3M24.5M19.2M
Property Plant And Equipment Net5.6M10.2M8.6M11.0M12.7M13.3M
Net Debt(24.7M)15.6M(5.1M)4.5M4.0M4.2M
Retained Earnings(337.4M)(370.1M)(388.8M)(397.2M)(357.5M)(339.6M)
Accounts Payable4.2M3.7M4.1M4.5M5.2M4.1M
Cash48.7M13.3M21.5M9.0M10.3M13.5M
Non Current Assets Total8.3M13.3M11.3M23.4M26.9M28.3M
Non Currrent Assets Other1.8M2.1M1.8M705K810.8K1.1M
Cash And Short Term Investments58.7M22.4M21.5M10.9M12.6M21.9M
Net Receivables4.2M5.9M6.3M10.9M12.5M13.2M
Common Stock Shares Outstanding6.9M8.5M9.9M23.3M26.8M28.2M
Liabilities And Stockholders Equity77.7M48.6M46.6M52.2M60.0M37.3M
Inventory3.9M4.1M5.8M5.9M6.8M3.8M
Other Current Assets2.7M2.9M1.7M1.1M1.2M1.1M
Other Stockholder Equity371.5M372.6M402.7M418.5M481.3M505.3M
Total Liab43.6M46.0M32.5M30.9M35.5M18.1M
Property Plant And Equipment Gross2.6M17.3M16.2M19.8M22.8M23.9M
Total Current Assets69.5M35.3M35.3M28.8M33.1M31.1M
Accumulated Other Comprehensive Income57K52K163K(1K)(1.2K)(1.2K)
Short Term Debt1.2M9.8M4.1M2.2M2.5M1.8M
Other Assets875.9K4.7M2.1M13.8M15.9M16.7M
Short Term Investments10.0M9.2M11.4M2.0M2.2M2.1M
Non Current Liabilities Total30.8M25.1M14.8M14.2M16.4M9.8M
Property Plant Equipment2.9M5.6M10.2M8.6M9.9M10.4M
Current Deferred Revenue2.3M2.3M1.8M46K52.9K50.3K
Net Tangible Assets19.4M33.2M1.6M13.2M11.9M20.7M
Capital Lease Obligations3.0M7.9M6.7M4.9M5.6M4.7M
Other Liab9.8M8.0M6M2.6M2.4M2.2M

Currently Active Assets on Macroaxis

When determining whether Rockwell Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rockwell Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rockwell Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rockwell Medical Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Medical. 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.
For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Equipment & Supplies 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 Rockwell Medical. If investors know Rockwell 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 Rockwell Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
3.296
Quarterly Revenue Growth
0.191
Return On Assets
0.0066
Return On Equity
(0.05)
The market value of Rockwell Medical is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Medical's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Medical'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 Rockwell Medical's market value can be influenced by many factors that don't directly affect Rockwell Medical'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 Rockwell Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Medical'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.