Rathdowney Long Term Debt vs Short Term Debt Analysis

RTH Stock  CAD 0.02  0.01  100.00%   
Rathdowney Resources financial indicator trend analysis is much more than just breaking down Rathdowney Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rathdowney Resources is a good investment. Please check the relationship between Rathdowney Resources Long Term Debt and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rathdowney Resources. 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.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rathdowney Resources Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rathdowney Resources' Long Term Debt and Short Term Debt is -0.41. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Rathdowney Resources, assuming nothing else is changed. The correlation between historical values of Rathdowney Resources' Long Term Debt 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 Long Term Debt of Rathdowney Resources 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 Long Term Debt i.e., Rathdowney Resources' Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Rathdowney Resources has held for over one year. Long-term debt appears on Rathdowney Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Rathdowney Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from Rathdowney Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rathdowney Resources 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 Rathdowney Resources. 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 climb to about 1.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Rathdowney Resources fundamental ratios Correlations

-0.55-0.780.90.910.840.980.710.92-0.55-0.790.99-0.740.850.460.730.67-0.710.37-0.560.760.73-0.56-0.67-0.480.62
-0.550.88-0.76-0.65-0.71-0.45-0.44-0.420.420.71-0.460.66-0.55-0.36-0.77-0.50.76-0.690.94-0.85-0.90.610.650.84-0.92
-0.780.88-0.97-0.91-0.93-0.7-0.69-0.690.60.91-0.710.86-0.84-0.53-0.9-0.710.9-0.650.86-0.98-0.980.760.850.79-0.93
0.9-0.76-0.970.980.950.830.770.81-0.61-0.940.84-0.870.90.530.90.76-0.880.53-0.770.960.94-0.76-0.87-0.690.84
0.91-0.65-0.910.980.930.860.80.85-0.62-0.940.87-0.840.920.470.870.77-0.810.36-0.680.90.86-0.66-0.86-0.530.73
0.84-0.71-0.930.950.930.790.720.83-0.79-0.890.8-0.950.970.590.790.64-0.850.51-0.690.880.86-0.66-0.78-0.620.77
0.98-0.45-0.70.830.860.790.620.95-0.59-0.711.0-0.690.820.460.60.57-0.660.31-0.460.660.63-0.51-0.59-0.40.51
0.71-0.44-0.690.770.80.720.620.57-0.35-0.760.64-0.680.720.20.720.65-0.530.25-0.490.720.68-0.65-0.83-0.40.57
0.92-0.42-0.690.810.850.830.950.57-0.73-0.720.95-0.740.890.50.550.48-0.640.26-0.430.610.58-0.44-0.56-0.360.48
-0.550.420.6-0.61-0.62-0.79-0.59-0.35-0.730.62-0.590.82-0.81-0.62-0.34-0.130.67-0.220.46-0.47-0.470.370.430.38-0.45
-0.790.710.91-0.94-0.94-0.89-0.71-0.76-0.720.62-0.720.88-0.86-0.47-0.88-0.760.89-0.320.8-0.91-0.90.770.890.64-0.79
0.99-0.46-0.710.840.870.81.00.640.95-0.59-0.72-0.70.830.460.610.58-0.670.32-0.470.670.64-0.52-0.61-0.410.52
-0.740.660.86-0.87-0.84-0.95-0.69-0.68-0.740.820.88-0.7-0.93-0.66-0.72-0.60.88-0.450.72-0.8-0.80.690.720.68-0.72
0.85-0.55-0.840.90.920.970.820.720.89-0.81-0.860.83-0.930.550.720.63-0.770.34-0.560.770.74-0.56-0.71-0.470.62
0.46-0.36-0.530.530.470.590.460.20.5-0.62-0.470.46-0.660.550.40.29-0.690.55-0.410.480.48-0.41-0.36-0.630.48
0.73-0.77-0.90.90.870.790.60.720.55-0.34-0.880.61-0.720.720.40.87-0.770.47-0.790.950.92-0.62-0.79-0.650.87
0.67-0.5-0.710.760.770.640.570.650.48-0.13-0.760.58-0.60.630.290.87-0.630.29-0.530.790.74-0.55-0.66-0.440.56
-0.710.760.9-0.88-0.81-0.85-0.66-0.53-0.640.670.89-0.670.88-0.77-0.69-0.77-0.63-0.560.83-0.88-0.90.830.760.83-0.83
0.37-0.69-0.650.530.360.510.310.250.26-0.22-0.320.32-0.450.340.550.470.29-0.56-0.530.610.65-0.54-0.41-0.810.71
-0.560.940.86-0.77-0.68-0.69-0.46-0.49-0.430.460.8-0.470.72-0.56-0.41-0.79-0.530.83-0.53-0.84-0.90.670.690.86-0.91
0.76-0.85-0.980.960.90.880.660.720.61-0.47-0.910.67-0.80.770.480.950.79-0.880.61-0.840.99-0.77-0.88-0.760.92
0.73-0.9-0.980.940.860.860.630.680.58-0.47-0.90.64-0.80.740.480.920.74-0.90.65-0.90.99-0.8-0.86-0.820.95
-0.560.610.76-0.76-0.66-0.66-0.51-0.65-0.440.370.77-0.520.69-0.56-0.41-0.62-0.550.83-0.540.67-0.77-0.80.850.76-0.69
-0.670.650.85-0.87-0.86-0.78-0.59-0.83-0.560.430.89-0.610.72-0.71-0.36-0.79-0.660.76-0.410.69-0.88-0.860.850.6-0.73
-0.480.840.79-0.69-0.53-0.62-0.4-0.4-0.360.380.64-0.410.68-0.47-0.63-0.65-0.440.83-0.810.86-0.76-0.820.760.6-0.86
0.62-0.92-0.930.840.730.770.510.570.48-0.45-0.790.52-0.720.620.480.870.56-0.830.71-0.910.920.95-0.69-0.73-0.86
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Rathdowney Resources Account Relationship Matchups

Rathdowney Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets736.3K556.9K687.8K182.5K100.2K95.2K
Other Current Liab191.1K242.7K182.8K9.6M11.0M11.5M
Total Current Liabilities7.4M8.6M10.9M12.6M14.6M15.3M
Total Stockholder Equity(9.0M)(9.8M)(10.2M)(12.5M)(14.5M)(13.8M)
Net Tangible Assets(5.8M)(9.0M)(9.8M)(10.2M)(9.2M)(8.7M)
Retained Earnings(69.7M)(72.2M)(74.5M)(76.8M)(78.8M)(82.7M)
Cash55.6K490.6K611.9K76.3K50.3K47.8K
Net Receivables121.8K35.7K35.8K70.2K63.1K76.3K
Other Stockholder Equity3.2M3.6M4.2M4.9M5.6M4.2M
Total Liab9.7M10.4M10.9M12.6M14.6M7.4M
Total Current Assets109.1K550.9K682.1K178.7K98.3K93.4K
Property Plant Equipment13.7K11.1K6.0K5.7K5.1K4.9K
Accounts Payable242.7K182.8K214.5K304.0K121.6K167.4K
Non Current Assets Total627.1K6.0K5.7K3.8K1.9K1.8K
Net Invested Capital(6.7M)(8.0M)(8.9M)(10.6M)(11.6M)(12.2M)
Net Working Capital(7.3M)(8.0M)(10.2M)(12.5M)(14.5M)(13.8M)
Net Debt2.3M1.3M732.4K1.8M2.8M1.8M

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