Rathdowney Total Stockholder Equity vs Net Invested Capital 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 Total Stockholder Equity and its Net Invested Capital 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.
Total Stockholder Equity vs Net Invested Capital
Total Stockholder Equity vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rathdowney Resources Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rathdowney Resources' Total Stockholder Equity and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital 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' Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Rathdowney Resources are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Rathdowney Resources' Total Stockholder Equity and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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
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Rathdowney Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rathdowney Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 736.3K | 556.9K | 687.8K | 182.5K | 100.2K | 95.2K | |
Other Current Liab | 191.1K | 242.7K | 182.8K | 9.6M | 11.0M | 11.5M | |
Total Current Liabilities | 7.4M | 8.6M | 10.9M | 12.6M | 14.6M | 15.3M | |
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) | |
Cash | 55.6K | 490.6K | 611.9K | 76.3K | 50.3K | 47.8K | |
Net Receivables | 121.8K | 35.7K | 35.8K | 70.2K | 63.1K | 76.3K | |
Other Stockholder Equity | 3.2M | 3.6M | 4.2M | 4.9M | 5.6M | 4.2M | |
Total Liab | 9.7M | 10.4M | 10.9M | 12.6M | 14.6M | 7.4M | |
Total Current Assets | 109.1K | 550.9K | 682.1K | 178.7K | 98.3K | 93.4K | |
Property Plant Equipment | 13.7K | 11.1K | 6.0K | 5.7K | 5.1K | 4.9K | |
Accounts Payable | 242.7K | 182.8K | 214.5K | 304.0K | 121.6K | 167.4K | |
Non Current Assets Total | 627.1K | 6.0K | 5.7K | 3.8K | 1.9K | 1.8K | |
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 Debt | 2.3M | 1.3M | 732.4K | 1.8M | 2.8M | 1.8M |
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