Rockfire Common Stock vs Short Term Debt Analysis
ROCK Stock | 0.19 0.05 35.71% |
Rockfire Resources financial indicator trend analysis is much more than just breaking down Rockfire Resources plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockfire Resources plc is a good investment. Please check the relationship between Rockfire Resources Common Stock and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockfire Resources plc. 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 vs Short Term Debt
Common Stock vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockfire Resources plc Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Rockfire Resources' Common Stock and Short Term Debt is 0.22. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Rockfire Resources plc, assuming nothing else is changed. The correlation between historical values of Rockfire Resources' Common Stock 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 Common Stock of Rockfire Resources plc 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 Common Stock i.e., Rockfire Resources' Common Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Short Term Debt
Most indicators from Rockfire Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockfire Resources plc 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 Rockfire Resources plc. 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. Issuance Of Capital Stock is likely to gain to about 4.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.
Rockfire Resources fundamental ratios Correlations
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Rockfire Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rockfire Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6M | 4.1M | 5.1M | 5.1M | 7.3M | 7.6M | |
Total Current Liabilities | 146.5K | 96.4K | 110.4K | 160.1K | 222.0K | 183.8K | |
Total Stockholder Equity | 2.4M | 4.0M | 5.0M | 4.9M | 7.0M | 7.4M | |
Net Debt | (763.1K) | (1.4M) | (1.5M) | (420.3K) | (436.6K) | (458.4K) | |
Retained Earnings | (21.2M) | (21.8M) | (22.4M) | (23.0M) | (24.8M) | (23.6M) | |
Cash | 763.1K | 1.4M | 1.5M | 420.3K | 436.6K | 578.0K | |
Non Current Assets Total | 1.7M | 2.7M | 3.5M | 4.6M | 5.1M | 2.6M | |
Non Currrent Assets Other | 1.7M | 2.7M | 3.4M | 4.5M | (1.0) | (1.05) | |
Cash And Short Term Investments | 763.1K | 1.4M | 1.5M | 420.3K | 436.6K | 578.0K | |
Common Stock Total Equity | 6.3M | 6.4M | 6.6M | 6.8M | 7.9M | 4.8M | |
Common Stock Shares Outstanding | 463.7M | 725.8M | 975.0M | 1.2B | 1.9B | 2.0B | |
Liabilities And Stockholders Equity | 2.6M | 4.1M | 5.1M | 5.1M | 7.3M | 5.4M | |
Other Current Assets | 56.0K | 39.4K | 124.3K | 106.2K | 1.7M | 1.8M | |
Other Stockholder Equity | 14.7M | 16.7M | 18.2M | 18.0M | 21.2M | 12.6M | |
Total Liab | 146.5K | 96.4K | 110.4K | 160.1K | 222.0K | 183.8K | |
Total Current Assets | 819.0K | 1.4M | 1.6M | 526.4K | 2.2M | 2.3M | |
Intangible Assets | 1.7K | 2.7K | 3.4K | 4.5K | 5.0M | 5.2M | |
Common Stock | 6.6M | 6.8M | 7.1M | 7.4M | 8.5M | 9.0M | |
Other Current Liab | 144.6K | 65.4K | 63.4K | 79.5K | 192.5K | 104.4K | |
Accounts Payable | 1.9K | 31.0K | 47.0K | 80.6K | 29.5K | 32.3K | |
Property Plant And Equipment Net | 10.4K | 25.7K | 20.2K | 38.3K | 28.2K | 26.8K | |
Accumulated Other Comprehensive Income | 2.2M | 2.3M | 2.1M | 2.2M | 2.1M | 2.4M | |
Net Tangible Assets | 682.9K | 1.3M | 1.5M | 490.5K | 441.5K | 667.2K | |
Net Receivables | 56.0K | 39.4K | 124.3K | 106.2K | 1.7M | 1.8M | |
Inventory | (55.97) | (39.38) | (124.26) | (106.17) | (1.7M) | (1.6M) | |
Property Plant And Equipment Gross | 1.7M | 2.7M | 3.5M | 4.5M | 5.0M | 3.0M | |
Net Invested Capital | 2.4M | 4.0M | 5.0M | 4.9M | 7.0M | 4.4M | |
Net Working Capital | 672.5K | 1.3M | 1.5M | 366.4K | 1.9M | 1.1M | |
Capital Stock | 6.6M | 6.8M | 7.1M | 7.4M | 8.5M | 7.9M |
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When running Rockfire Resources' price analysis, check to measure Rockfire Resources' 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 Rockfire Resources is operating at the current time. Most of Rockfire Resources' value examination focuses on studying past and present price action to predict the probability of Rockfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockfire Resources' price. Additionally, you may evaluate how the addition of Rockfire Resources to your portfolios can decrease your overall portfolio volatility.