Red Other Stockholder Equity vs Short Term Debt 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 Other Stockholder Equity and its Short Term Debt 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.
Other Stockholder Equity vs Short Term Debt
Other Stockholder Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Mountain Mining Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Red Mountain's Other Stockholder Equity and Short Term Debt is -0.37. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Debt 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 Other Stockholder Equity and Short Term 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 Other Stockholder Equity of Red Mountain Mining are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Red Mountain's Other Stockholder Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
Short Term Debt
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
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Red Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Red Mountain's price analysis, check to measure Red Mountain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Mountain is operating at the current time. Most of Red Mountain's value examination focuses on studying past and present price action to predict the probability of Red Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Mountain's price. Additionally, you may evaluate how the addition of Red Mountain to your portfolios can decrease your overall portfolio volatility.