Rumble Other Non Cash Items vs Stock Based Compensation Analysis
| RUM Stock | USD 8.14 0.01 0.12% |
Rumble financial indicator trend analysis is much more than just breaking down Rumble Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rumble Inc is a good investment. Please check the relationship between Rumble Other Non Cash Items and its Stock Based Compensation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Other Non Cash Items vs Stock Based Compensation
Other Non Cash Items vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Other Non Cash Items account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rumble's Other Non Cash Items and Stock Based Compensation is -0.24. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Rumble Inc, assuming nothing else is changed. The correlation between historical values of Rumble's Other Non Cash Items and Stock Based Compensation 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 Non Cash Items of Rumble Inc are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Other Non Cash Items i.e., Rumble's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Non Cash Items
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Rumble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rumble Inc 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 Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. As of the 11th of December 2024, Selling General Administrative is likely to grow to about 39 M, though Tax Provision is likely to grow to (3.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.9M | 1.1M | 1.3M | 1.2M | Depreciation And Amortization | 249.7K | 2.1M | 5.6M | 5.9M |
Rumble fundamental ratios Correlations
Click cells to compare fundamentals
Rumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 0.388 | Quarterly Revenue Growth (0.10) | Return On Assets (0.31) | Return On Equity (0.52) |
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.