Red Common Stock Total Equity vs Cash Analysis

RMX Stock

0.01 0 11.11%

Red Mountain financial indicator trend analysis is much more than just breaking down Red Mountain Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red Mountain Mining is a good investment. Please check the relationship between Red Mountain Common Stock Total Equity and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Mountain Mining. 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.

Common Stock Total Equity vs Cash

Common Stock Total Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Mountain Mining Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Red Mountain's Common Stock Total Equity and Cash is -0.54. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Red Mountain Mining, assuming nothing else is changed. The correlation between historical values of Red Mountain's Common Stock Total Equity and 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 Common Stock Total Equity of Red Mountain Mining are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., Red Mountain's Common Stock Total Equity and Cash go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

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Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash

Cash refers to the most liquid asset of Red Mountain Mining, which is listed under current asset account on Red Mountain Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Red Mountain customers. The amounts must be unrestricted with restricted cash listed in a different Red Mountain 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.

Most indicators from Red Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red Mountain Mining 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 Red Mountain Mining. 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.

Selling General Administrative is likely to drop to 752.12 in 2024. Issuance Of Capital Stock is likely to drop to about 1.7 M in 2024

Red Mountain fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Net Receivables	Short Term Investments	Total Liab	Common Stock	Net Tangible Assets	Retained Earnings	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Other Current Liab	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Other Liab
Total Assets		0.84	1.0	0.31	0.33	-0.25	-0.03	0.73	0.34	0.14	-0.19	0.2	0.08	0.38	0.36	0.23	0.28	0.1	0.93	-0.22	0.96	0.21	-0.22	0.01	0.1	0.42
Total Current Liabilities	0.84		0.81	0.27	0.46	-0.37	0.32	0.97	0.62	-0.1	-0.51	0.34	0.04	0.16	0.55	0.02	0.1	-0.11	0.67	-0.21	0.74	0.28	-0.02	0.25	-0.1	0.15
Total Stockholder Equity	1.0	0.81		0.3	0.32	-0.24	-0.07	0.69	0.32	0.15	-0.16	0.19	0.07	0.39	0.35	0.24	0.28	0.11	0.93	-0.22	0.96	0.2	-0.24	0.0	0.12	0.44
Accounts Payable	0.31	0.27	0.3		-0.17	0.36	-0.01	0.23	-0.12	0.47	0.17	-0.17	0.14	0.65	-0.09	0.41	0.54	0.46	0.37	0.28	0.37	-0.26	-0.03	-0.3	0.45	0.16
Cash	0.33	0.46	0.32	-0.17		-0.15	0.14	0.38	0.29	-0.36	-0.25	0.54	-0.08	0.24	0.95	0.07	-0.01	-0.39	0.01	-0.82	0.06	0.85	-0.54	0.04	-0.39	0.39
Net Receivables	-0.25	-0.37	-0.24	0.36	-0.15		-0.41	-0.36	-0.47	0.34	0.46	-0.42	0.45	0.52	-0.1	0.47	0.31	0.27	-0.16	0.29	-0.21	-0.36	-0.07	-0.32	0.27	-0.02
Short Term Investments	-0.03	0.32	-0.07	-0.01	0.14	-0.41		0.4	0.41	-0.29	-0.45	0.45	0.07	-0.26	0.26	-0.24	-0.26	-0.25	-0.08	0.02	-0.1	0.12	0.27	0.22	-0.26	-0.3
Total Liab	0.73	0.97	0.69	0.23	0.38	-0.36	0.4		0.61	-0.12	-0.52	0.29	0.06	0.07	0.48	-0.03	0.12	-0.11	0.57	-0.13	0.65	0.23	0.07	0.25	-0.1	0.05
Common Stock	0.34	0.62	0.32	-0.12	0.29	-0.47	0.41	0.61		-0.43	-0.98	0.63	-0.11	-0.35	0.41	-0.49	-0.34	-0.37	0.13	-0.03	0.26	0.12	0.43	0.88	-0.37	-0.43
Net Tangible Assets	0.14	-0.1	0.15	0.47	-0.36	0.34	-0.29	-0.12	-0.43		0.49	-0.44	0.38	0.57	-0.31	0.82	0.41	0.99	0.32	0.41	0.26	-0.44	-0.11	-0.47	0.99	0.41
Retained Earnings	-0.19	-0.51	-0.16	0.17	-0.25	0.46	-0.45	-0.52	-0.98	0.49		-0.64	0.13	0.44	-0.38	0.57	0.4	0.41	0.03	0.01	-0.1	-0.11	-0.5	-0.9	0.41	0.52
Other Stockholder Equity	0.2	0.34	0.19	-0.17	0.54	-0.42	0.45	0.29	0.63	-0.44	-0.64		-0.09	-0.16	0.57	-0.37	-0.22	-0.39	-0.07	-0.43	0.04	0.49	0.05	0.42	-0.38	-0.14
Long Term Investments	0.08	0.04	0.07	0.14	-0.08	0.45	0.07	0.06	-0.11	0.38	0.13	-0.09		0.21	0.15	0.34	-0.11	0.29	0.12	0.49	0.1	-0.48	0.39	-0.2	0.29	-0.22
Short Long Term Debt	0.38	0.16	0.39	0.65	0.24	0.52	-0.26	0.07	-0.35	0.57	0.44	-0.16	0.21		0.22	0.81	0.77	0.54	0.41	-0.16	0.34	0.14	-0.58	-0.48	0.53	0.68
Total Current Assets	0.36	0.55	0.35	-0.09	0.95	-0.1	0.26	0.48	0.41	-0.31	-0.38	0.57	0.15	0.22		0.07	-0.13	-0.35	0.04	-0.62	0.11	0.67	-0.31	0.13	-0.35	0.21
Short Term Debt	0.23	0.02	0.24	0.41	0.07	0.47	-0.24	-0.03	-0.49	0.82	0.57	-0.37	0.34	0.81	0.07		0.52	0.78	0.33	0.03	0.23	-0.06	-0.48	-0.58	0.78	0.67
Other Current Liab	0.28	0.1	0.28	0.54	-0.01	0.31	-0.26	0.12	-0.34	0.41	0.4	-0.22	-0.11	0.77	-0.13	0.52		0.44	0.36	-0.12	0.31	0.14	-0.52	-0.4	0.44	0.58
Property Plant Equipment	0.1	-0.11	0.11	0.46	-0.39	0.27	-0.25	-0.11	-0.37	0.99	0.41	-0.39	0.29	0.54	-0.35	0.78	0.44		0.27	0.41	0.23	-0.42	-0.09	-0.39	1.0	0.4
Property Plant And Equipment Net	0.93	0.67	0.93	0.37	0.01	-0.16	-0.08	0.57	0.13	0.32	0.03	-0.07	0.12	0.41	0.04	0.33	0.36	0.27		0.01	0.98	-0.05	-0.17	-0.11	0.27	0.43
Net Debt	-0.22	-0.21	-0.22	0.28	-0.82	0.29	0.02	-0.13	-0.03	0.41	0.01	-0.43	0.49	-0.16	-0.62	0.03	-0.12	0.41	0.01		0.0	-0.98	0.77	0.14	0.41	-0.59
Non Current Assets Total	0.96	0.74	0.96	0.37	0.06	-0.21	-0.1	0.65	0.26	0.26	-0.1	0.04	0.1	0.34	0.11	0.23	0.31	0.23	0.98	0.0		-0.02	-0.1	-0.01	0.23	0.35
Cash And Short Term Investments	0.21	0.28	0.2	-0.26	0.85	-0.36	0.12	0.23	0.12	-0.44	-0.11	0.49	-0.48	0.14	0.67	-0.06	0.14	-0.42	-0.05	-0.98	-0.02		-0.72	-0.08	-0.42	0.53
Common Stock Total Equity	-0.22	-0.02	-0.24	-0.03	-0.54	-0.07	0.27	0.07	0.43	-0.11	-0.5	0.05	0.39	-0.58	-0.31	-0.48	-0.52	-0.09	-0.17	0.77	-0.1	-0.72		0.53	-0.08	-0.9
Common Stock Shares Outstanding	0.01	0.25	0.0	-0.3	0.04	-0.32	0.22	0.25	0.88	-0.47	-0.9	0.42	-0.2	-0.48	0.13	-0.58	-0.4	-0.39	-0.11	0.14	-0.01	-0.08	0.53		-0.38	-0.58
Property Plant And Equipment Gross	0.1	-0.1	0.12	0.45	-0.39	0.27	-0.26	-0.1	-0.37	0.99	0.41	-0.38	0.29	0.53	-0.35	0.78	0.44	1.0	0.27	0.41	0.23	-0.42	-0.08	-0.38		0.39
Other Liab	0.42	0.15	0.44	0.16	0.39	-0.02	-0.3	0.05	-0.43	0.41	0.52	-0.14	-0.22	0.68	0.21	0.67	0.58	0.4	0.43	-0.59	0.35	0.53	-0.9	-0.58	0.39

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Red Mountain Account Relationship Matchups

Red Mountain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3M	3.9M	4.7M	3.3M	2.5M	2.6M
Total Current Liabilities	303.8K	530.1K	165.3K	383K	194.5K	193.9K
Total Stockholder Equity	1.8M	2.8M	4.6M	2.8M	2.3M	2.3M
Accounts Payable	131.6K	102.0K	62.3K	257.6K	16.8K	15.9K
Cash	1.4M	1.7M	1.7M	978.6K	428.4K	856.6K
Net Receivables	4.8K	67.2K	62.0K	45.6K	62.6K	84.6K
Short Term Investments	408.4K	137.8K	(63.5K)	51.3K	59.1K	64.7K
Total Liab	487.4K	1.1M	165.3K	497.4K	218.2K	335.1K
Common Stock	42.3M	44.5M	47.4M	50.0M	51.9M	54.5M
Net Tangible Assets	1.8M	2.8M	4.6M	2.8M	2.5M	2.4M
Retained Earnings	(51.2M)	(52.8M)	(54.3M)	(58.7M)	(61.4M)	(58.4M)
Other Stockholder Equity	0.0	10.7M	1.0	11.4M	1.15	1.21
Total Current Assets	2.0M	2.0M	1.8M	1.1M	618.8K	970.4K
Other Current Liab	25.6K	273.1K	73.5K	43.0K	94.3K	160.0K
Property Plant Equipment	319.5K	1.9M	2.8M	2.1M	1.9M	1.8M
Property Plant And Equipment Net	319.5K	172.1K	24.6K	190.4K	1.8M	1.2M
Net Debt	(1.1M)	(1.1M)	(1.6M)	(781.7K)	(321.3K)	(337.3K)
Non Current Assets Total	319.5K	1.9M	2.9M	2.1M	1.9M	1.6M
Cash And Short Term Investments	1.9M	1.9M	1.7M	1.0M	479.8K	755.3K
Common Stock Shares Outstanding	851.4M	1.2B	1.5B	1.9B	2.7B	2.9B
Liabilities And Stockholders Equity	2.3M	3.9M	4.7M	3.3M	2.5M	4.4M
Property Plant And Equipment Gross	319.5K	2.1M	3.3M	2.2M	2.0M	1.9M
Accumulated Other Comprehensive Income	10.7M	11.2M	11.4M	11.5M	11.8M	9.4M
Other Current Assets	89.7K	76.4K	49.5K	29.6K	76.5K	54.7K
Current Deferred Revenue	25.4K	272.7K	73.3K	42.8K	87.8K	92.1K
Non Currrent Assets Other	(38.8K)	(646.0)	0.0	1.7M	2.8M	1.9M
Cash And Equivalents	1.4M	1.7M	1.7M	978.6K	880.7K	1.4M
Net Invested Capital	1.8M	3.3M	4.6M	2.8M	2.3M	2.7M
Net Working Capital	1.7M	1.5M	1.6M	766.1K	424.3K	403.1K
Capital Stock	42.3M	44.5M	47.4M	50.0M	51.9M	50.9M

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