Rockfire Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockfire Resources plc Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Rockfire Resources' Property Plant And Equipment Net and Total Current Liabilities is 0.02. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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' Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Rockfire Resources plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Rockfire Resources' Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Rockfire Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rockfire Resources plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

0.190.391.0-0.72-0.460.730.930.090.73-0.170.45-0.090.43-0.050.390.880.190.40.660.17-0.410.39-0.04-0.110.31
0.19-0.580.22-0.22-0.260.110.25-0.070.110.620.27-0.860.150.66-0.580.181.00.040.220.35-0.040.17-0.03-0.16-0.34
0.39-0.580.35-0.19-0.050.290.380.150.29-0.690.030.790.17-0.691.00.36-0.580.260.210.07-0.110.190.180.020.53
1.00.220.35-0.72-0.460.730.930.080.73-0.140.45-0.120.43-0.010.350.880.220.40.660.17-0.410.38-0.05-0.110.3
-0.72-0.22-0.19-0.720.09-0.99-0.630.09-0.990.170.070.180.120.09-0.19-0.87-0.220.15-0.25-0.27-0.09-0.32-0.07-0.06-0.42
-0.46-0.26-0.05-0.460.09-0.07-0.4-0.72-0.07-0.53-0.860.18-0.56-0.53-0.05-0.34-0.26-0.49-0.970.190.49-0.230.350.690.27
0.730.110.290.73-0.99-0.070.63-0.071.0-0.24-0.08-0.07-0.11-0.170.290.880.11-0.130.250.230.080.30.090.080.47
0.930.250.380.93-0.63-0.40.630.080.63-0.160.32-0.040.24-0.040.380.70.250.210.580.15-0.160.41-0.05-0.040.35
0.09-0.070.150.080.09-0.72-0.070.08-0.070.440.570.160.220.220.150.04-0.070.180.64-0.33-0.16-0.02-0.11-0.92-0.39
0.730.110.290.73-0.99-0.071.00.63-0.07-0.24-0.08-0.07-0.11-0.170.290.880.11-0.130.250.230.080.30.090.080.47
-0.170.62-0.69-0.140.17-0.53-0.24-0.160.44-0.240.48-0.590.20.91-0.69-0.130.620.10.34-0.22-0.1-0.13-0.23-0.55-0.71
0.450.270.030.450.07-0.86-0.080.320.57-0.080.48-0.20.860.50.030.330.270.80.86-0.1-0.80.19-0.32-0.64-0.39
-0.09-0.860.79-0.120.180.18-0.07-0.040.16-0.07-0.59-0.2-0.11-0.620.79-0.11-0.860.01-0.13-0.270.15-0.060.090.120.4
0.430.150.170.430.12-0.56-0.110.240.22-0.110.20.86-0.110.250.170.370.150.990.620.02-0.950.01-0.04-0.37-0.29
-0.050.66-0.69-0.010.09-0.53-0.17-0.040.22-0.170.910.5-0.620.25-0.69-0.040.660.150.38-0.21-0.150.02-0.4-0.29-0.59
0.39-0.581.00.35-0.19-0.050.290.380.150.29-0.690.030.790.17-0.690.36-0.580.260.210.07-0.110.190.180.020.53
0.880.180.360.88-0.87-0.340.880.70.040.88-0.130.33-0.110.37-0.040.360.180.350.530.23-0.360.290.07-0.10.3
0.191.0-0.580.22-0.22-0.260.110.25-0.070.110.620.27-0.860.150.66-0.580.180.040.220.35-0.040.17-0.03-0.16-0.34
0.40.040.260.40.15-0.49-0.130.210.18-0.130.10.80.010.990.150.260.350.040.560.0-0.93-0.030.02-0.32-0.23
0.660.220.210.66-0.25-0.970.250.580.640.250.340.86-0.130.620.380.210.530.220.56-0.11-0.560.3-0.29-0.62-0.12
0.170.350.070.17-0.270.190.230.15-0.330.23-0.22-0.1-0.270.02-0.210.070.230.350.0-0.110.00.260.10.180.37
-0.41-0.04-0.11-0.41-0.090.490.08-0.16-0.160.08-0.1-0.80.15-0.95-0.15-0.11-0.36-0.04-0.93-0.560.0-0.010.070.320.26
0.390.170.190.38-0.32-0.230.30.41-0.020.3-0.130.19-0.060.010.020.190.290.17-0.030.30.26-0.01-0.660.140.42
-0.04-0.030.18-0.05-0.070.350.09-0.05-0.110.09-0.23-0.320.09-0.04-0.40.180.07-0.030.02-0.290.10.07-0.66-0.06-0.11
-0.11-0.160.02-0.11-0.060.690.08-0.04-0.920.08-0.55-0.640.12-0.37-0.290.02-0.1-0.16-0.32-0.620.180.320.14-0.060.56
0.31-0.340.530.3-0.420.270.470.35-0.390.47-0.71-0.390.4-0.29-0.590.530.3-0.34-0.23-0.120.370.260.42-0.110.56
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Rockfire Resources Account Relationship Matchups

Rockfire Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M4.1M5.1M5.1M7.3M7.6M
Total Current Liabilities146.5K96.4K110.4K160.1K222.0K183.8K
Total Stockholder Equity2.4M4.0M5.0M4.9M7.0M7.4M
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)
Cash763.1K1.4M1.5M420.3K436.6K578.0K
Non Current Assets Total1.7M2.7M3.5M4.6M5.1M2.6M
Non Currrent Assets Other1.7M2.7M3.4M4.5M(1.0)(1.05)
Cash And Short Term Investments763.1K1.4M1.5M420.3K436.6K578.0K
Common Stock Total Equity6.3M6.4M6.6M6.8M7.9M4.8M
Common Stock Shares Outstanding463.7M725.8M975.0M1.2B1.9B2.0B
Liabilities And Stockholders Equity2.6M4.1M5.1M5.1M7.3M5.4M
Other Current Assets56.0K39.4K124.3K106.2K1.7M1.8M
Other Stockholder Equity14.7M16.7M18.2M18.0M21.2M12.6M
Total Liab146.5K96.4K110.4K160.1K222.0K183.8K
Total Current Assets819.0K1.4M1.6M526.4K2.2M2.3M
Intangible Assets1.7K2.7K3.4K4.5K5.0M5.2M
Common Stock6.6M6.8M7.1M7.4M8.5M9.0M
Other Current Liab144.6K65.4K63.4K79.5K192.5K104.4K
Accounts Payable1.9K31.0K47.0K80.6K29.5K32.3K
Property Plant And Equipment Net10.4K25.7K20.2K38.3K28.2K26.8K
Accumulated Other Comprehensive Income2.2M2.3M2.1M2.2M2.1M2.4M
Net Tangible Assets682.9K1.3M1.5M490.5K441.5K667.2K
Net Receivables56.0K39.4K124.3K106.2K1.7M1.8M
Inventory(55.97)(39.38)(124.26)(106.17)(1.7M)(1.6M)
Property Plant And Equipment Gross1.7M2.7M3.5M4.5M5.0M3.0M
Net Invested Capital2.4M4.0M5.0M4.9M7.0M4.4M
Net Working Capital672.5K1.3M1.5M366.4K1.9M1.1M
Capital Stock6.6M6.8M7.1M7.4M8.5M7.9M

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