Red Interest Expense vs Net Interest Income Analysis

RMX Stock

0.01 0.0005 5.26%

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 Interest Expense and its Net Interest Income 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.

Interest Expense vs Net Interest Income

Interest Expense vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Mountain Mining Interest Expense account and Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Red Mountain's Interest Expense and Net Interest Income is -0.17. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Interest Income 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 Interest Expense and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Red Mountain Mining are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Interest Expense i.e., Red Mountain's Interest Expense and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

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Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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 676.91 in 2025. Issuance Of Capital Stock is likely to drop to about 1.7 M in 2025

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	0.3	0.33	-0.25	-0.03	0.73	0.31	0.14	-0.18	0.2	0.08	0.37	0.36	0.22	0.27	0.1	0.93	-0.22	0.96	0.21	-0.21	0.01	0.1	0.41
Total Current Liabilities	0.84		0.81	0.27	0.46	-0.36	0.31	0.97	0.55	-0.1	-0.49	0.34	0.03	0.16	0.55	0.02	0.1	-0.1	0.67	-0.21	0.74	0.28	-0.02	0.2	-0.1	0.15
Total Stockholder Equity	1.0	0.81		0.29	0.32	-0.24	-0.07	0.69	0.28	0.15	-0.15	0.19	0.07	0.39	0.35	0.23	0.28	0.11	0.93	-0.22	0.96	0.2	-0.23	0.0	0.12	0.43
Accounts Payable	0.3	0.27	0.29		-0.14	0.36	-0.01	0.23	-0.22	0.49	0.22	-0.18	0.1	0.66	-0.08	0.45	0.56	0.47	0.35	0.25	0.36	-0.22	-0.07	-0.38	0.47	0.2
Cash	0.33	0.46	0.32	-0.14		-0.14	0.14	0.38	0.22	-0.34	-0.22	0.53	-0.09	0.25	0.95	0.09	0.0	-0.37	0.01	-0.82	0.06	0.85	-0.54	-0.02	-0.37	0.4
Net Receivables	-0.25	-0.36	-0.24	0.36	-0.14		-0.41	-0.36	-0.44	0.35	0.47	-0.42	0.44	0.52	-0.1	0.46	0.31	0.28	-0.16	0.28	-0.21	-0.34	-0.07	-0.29	0.28	-0.01
Short Term Investments	-0.03	0.31	-0.07	-0.01	0.14	-0.41		0.4	0.38	-0.29	-0.44	0.45	0.07	-0.26	0.26	-0.24	-0.26	-0.25	-0.08	0.02	-0.1	0.12	0.27	0.19	-0.26	-0.3
Total Liab	0.73	0.97	0.69	0.23	0.38	-0.36	0.4		0.54	-0.11	-0.5	0.29	0.05	0.07	0.48	-0.03	0.12	-0.11	0.57	-0.13	0.65	0.23	0.07	0.21	-0.1	0.05
Common Stock	0.31	0.55	0.28	-0.22	0.22	-0.44	0.38	0.54		-0.46	-0.97	0.58	-0.05	-0.38	0.35	-0.55	-0.37	-0.39	0.12	0.02	0.23	0.05	0.46	0.9	-0.38	-0.46
Net Tangible Assets	0.14	-0.1	0.15	0.49	-0.34	0.35	-0.29	-0.11	-0.46		0.5	-0.44	0.35	0.58	-0.3	0.82	0.43	0.99	0.31	0.39	0.26	-0.41	-0.13	-0.47	0.99	0.43
Retained Earnings	-0.18	-0.49	-0.15	0.22	-0.22	0.47	-0.44	-0.5	-0.97	0.5		-0.63	0.06	0.46	-0.35	0.61	0.43	0.43	0.02	-0.02	-0.1	-0.07	-0.51	-0.86	0.42	0.54
Other Stockholder Equity	0.2	0.34	0.19	-0.18	0.53	-0.42	0.45	0.29	0.58	-0.44	-0.63		-0.08	-0.16	0.57	-0.37	-0.23	-0.39	-0.07	-0.42	0.04	0.48	0.06	0.38	-0.39	-0.15
Long Term Investments	0.08	0.03	0.07	0.1	-0.09	0.44	0.07	0.05	-0.05	0.35	0.06	-0.08		0.18	0.14	0.31	-0.13	0.26	0.12	0.5	0.09	-0.49	0.42	-0.1	0.26	-0.25
Short Long Term Debt	0.37	0.16	0.39	0.66	0.25	0.52	-0.26	0.07	-0.38	0.58	0.46	-0.16	0.18		0.22	0.82	0.77	0.54	0.4	-0.17	0.34	0.16	-0.59	-0.48	0.54	0.69
Total Current Assets	0.36	0.55	0.35	-0.08	0.95	-0.1	0.26	0.48	0.35	-0.3	-0.35	0.57	0.14	0.22		0.08	-0.12	-0.34	0.04	-0.62	0.11	0.67	-0.31	0.09	-0.34	0.21
Short Term Debt	0.22	0.02	0.23	0.45	0.09	0.46	-0.24	-0.03	-0.55	0.82	0.61	-0.37	0.31	0.82	0.08		0.53	0.78	0.31	0.0	0.23	-0.02	-0.49	-0.62	0.78	0.69
Other Current Liab	0.27	0.1	0.28	0.56	0.0	0.31	-0.26	0.12	-0.37	0.43	0.43	-0.23	-0.13	0.77	-0.12	0.53		0.45	0.35	-0.14	0.3	0.16	-0.53	-0.41	0.45	0.6
Property Plant Equipment	0.1	-0.1	0.11	0.47	-0.37	0.28	-0.25	-0.11	-0.39	0.99	0.43	-0.39	0.26	0.54	-0.34	0.78	0.45		0.27	0.39	0.23	-0.4	-0.11	-0.39	1.0	0.41
Property Plant And Equipment Net	0.93	0.67	0.93	0.35	0.01	-0.16	-0.08	0.57	0.12	0.31	0.02	-0.07	0.12	0.4	0.04	0.31	0.35	0.27		0.01	0.98	-0.05	-0.16	-0.08	0.27	0.42
Net Debt	-0.22	-0.21	-0.22	0.25	-0.82	0.28	0.02	-0.13	0.02	0.39	-0.02	-0.42	0.5	-0.17	-0.62	0.0	-0.14	0.39	0.01		0.0	-0.98	0.77	0.17	0.39	-0.59
Non Current Assets Total	0.96	0.74	0.96	0.36	0.06	-0.21	-0.1	0.65	0.23	0.26	-0.1	0.04	0.09	0.34	0.11	0.23	0.3	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	-0.22	0.85	-0.34	0.12	0.23	0.05	-0.41	-0.07	0.48	-0.49	0.16	0.67	-0.02	0.16	-0.4	-0.05	-0.98	-0.02		-0.72	-0.13	-0.4	0.54
Common Stock Total Equity	-0.21	-0.02	-0.23	-0.07	-0.54	-0.07	0.27	0.07	0.46	-0.13	-0.51	0.06	0.42	-0.59	-0.31	-0.49	-0.53	-0.11	-0.16	0.77	-0.1	-0.72		0.52	-0.1	-0.9
Common Stock Shares Outstanding	0.01	0.2	0.0	-0.38	-0.02	-0.29	0.19	0.21	0.9	-0.47	-0.86	0.38	-0.1	-0.48	0.09	-0.62	-0.41	-0.39	-0.08	0.17	-0.01	-0.13	0.52		-0.39	-0.57
Property Plant And Equipment Gross	0.1	-0.1	0.12	0.47	-0.37	0.28	-0.26	-0.1	-0.38	0.99	0.42	-0.39	0.26	0.54	-0.34	0.78	0.45	1.0	0.27	0.39	0.23	-0.4	-0.1	-0.39		0.41
Other Liab	0.41	0.15	0.43	0.2	0.4	-0.01	-0.3	0.05	-0.46	0.43	0.54	-0.15	-0.25	0.69	0.21	0.69	0.6	0.41	0.42	-0.59	0.35	0.54	-0.9	-0.57	0.41

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Red Mountain Account Relationship Matchups

Red Mountain fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.9M	4.7M	3.3M	2.5M	2.9M	2.6M
Total Current Liabilities	530.1K	165.3K	383K	194.5K	175.1K	193.9K
Total Stockholder Equity	2.8M	4.6M	2.8M	2.3M	2.6M	2.3M
Accounts Payable	102.0K	62.3K	257.6K	16.8K	15.1K	14.3K
Cash	1.7M	1.7M	978.6K	428.4K	492.7K	856.6K
Net Receivables	67.2K	62.0K	45.6K	62.6K	72.0K	84.6K
Short Term Investments	408.4K	137.8K	(63.5K)	51.3K	59.1K	64.7K
Total Liab	1.1M	165.3K	497.4K	218.2K	250.9K	335.1K
Common Stock	44.5M	47.4M	50.0M	51.9M	59.7M	62.7M
Net Tangible Assets	1.8M	2.8M	4.6M	2.8M	2.5M	2.4M
Retained Earnings	(52.8M)	(54.3M)	(58.7M)	(61.4M)	(55.3M)	(52.5M)
Other Stockholder Equity	0.0	10.7M	1.0	11.4M	1.15	1.21
Total Current Assets	2.0M	1.8M	1.1M	618.8K	711.7K	970.4K
Short Term Debt	154.9K	29.5K	82.4K	83.5K	75.1K	71.4K
Other Current Liab	273.1K	73.5K	43.0K	94.3K	84.8K	160.0K
Property Plant Equipment	319.5K	1.9M	2.8M	2.1M	1.9M	1.8M
Property Plant And Equipment Net	172.1K	24.6K	190.4K	1.8M	1.6M	1.2M
Net Debt	(1.1M)	(1.6M)	(781.7K)	(321.3K)	(369.4K)	(387.9K)
Non Current Assets Total	1.9M	2.9M	2.1M	1.9M	1.7M	1.6M
Cash And Short Term Investments	1.9M	1.7M	1.0M	479.8K	431.8K	755.3K
Common Stock Shares Outstanding	1.2B	1.5B	1.9B	2.7B	3.1B	3.3B
Liabilities And Stockholders Equity	3.9M	4.7M	3.3M	2.5M	2.2M	4.4M
Property Plant And Equipment Gross	2.1M	3.3M	2.2M	2.0M	1.8M	1.7M
Accumulated Other Comprehensive Income	11.2M	11.4M	11.5M	11.8M	13.6M	9.4M
Non Current Liabilities Total	524.3K	91.8K	114.4K	23.7K	27.2K	25.8K
Other Current Assets	76.4K	49.5K	29.6K	76.5K	68.8K	54.7K
Short Long Term Debt Total	679.2K	29.5K	196.8K	107.2K	96.4K	91.6K
Current Deferred Revenue	272.7K	73.3K	42.8K	87.8K	100.9K	106.0K
Cash And Equivalents	1.4M	1.7M	1.7M	978.6K	880.7K	1.4M
Net Invested Capital	3.3M	4.6M	2.8M	2.3M	2.1M	2.7M
Net Working Capital	1.5M	1.6M	766.1K	424.3K	381.9K	362.8K
Capital Stock	44.5M	47.4M	50.0M	51.9M	59.7M	50.9M

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