RLF AgTech Total Asset vs. Cash And Equivalents

RLF Stock   0.05  0  6.52%   
Considering the key profitability indicators obtained from RLF AgTech's historical financial statements, RLF AgTech may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess RLF AgTech's ability to earn profits and add value for shareholders.

RLF AgTech Total Assets

16.87 Million

6.1M21.3M18.4M17.6M22.7M16.9M249%-13%-4%29%-26%
For RLF AgTech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RLF AgTech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RLF AgTech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RLF AgTech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RLF AgTech over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between RLF AgTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLF AgTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLF AgTech'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.

RLF AgTech Cash And Equivalents vs. Total Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining RLF AgTech's current stock value. Our valuation model uses many indicators to compare RLF AgTech value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15SKCMGXLCYOMLSWMA1NRLF 010M20M30M40M50M60M70M80M90M 0500M1B1.5B2B2.5B3B
RLF AgTech is rated fourth in total asset category among its peers. It is rated fifth in cash and equivalents category among its peers creating about  0.19  of Cash And Equivalents per Total Asset. The ratio of Total Asset to Cash And Equivalents for RLF AgTech is roughly  5.33 . At this time, RLF AgTech's Total Assets are comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RLF AgTech's earnings, one of the primary drivers of an investment's value.

RLF Cash And Equivalents vs. Total Asset

Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

RLF AgTech

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
22.7 M
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

RLF AgTech

Cash

 = 

Bank Deposits

+

Liquidities

 = 
4.26 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

RLF Cash And Equivalents Comparison

4.3M45.3M20.4M80.9M100%
RLF AgTech is currently under evaluation in cash and equivalents category among its peers.

RLF AgTech Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in RLF AgTech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RLF AgTech will eventually generate negative long term returns. The profitability progress is the general direction of RLF AgTech's change in net profit over the period of time. It can combine multiple indicators of RLF AgTech, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income5.3 M4.4 M
Operating Income-7.1 M-6.7 M
Income Before Tax-8 M-7.6 M
Total Other Income Expense Net-963 K-914.9 K
Net Loss-3.2 M-3 M
Net Loss-8 M-7.6 M
Income Tax Expense-6 K-5.7 K
Net Interest Income-64.4 K-67.6 K
Net Loss-3.1 M-3.2 M

RLF Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on RLF AgTech. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of RLF AgTech position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the RLF AgTech's important profitability drivers and their relationship over time.

Use RLF AgTech in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RLF AgTech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RLF AgTech will appreciate offsetting losses from the drop in the long position's value.

RLF AgTech Pair Trading

RLF AgTech Pair Trading Analysis

The ability to find closely correlated positions to RLF AgTech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RLF AgTech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RLF AgTech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RLF AgTech to buy it.
The correlation of RLF AgTech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RLF AgTech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RLF AgTech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RLF AgTech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your RLF AgTech position

In addition to having RLF AgTech in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Apparel
Apparel Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Additional Tools for RLF Stock Analysis

When running RLF AgTech's price analysis, check to measure RLF AgTech's 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 RLF AgTech is operating at the current time. Most of RLF AgTech's value examination focuses on studying past and present price action to predict the probability of RLF AgTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLF AgTech's price. Additionally, you may evaluate how the addition of RLF AgTech to your portfolios can decrease your overall portfolio volatility.