Rand Other Current Assets from 2010 to 2024

RAND Stock  USD 16.33  0.07  0.43%   
Rand Capital's Other Current Assets are decreasing over the years with very volatile fluctuation. Overall, Other Current Assets are expected to go to about 151.8 K this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2004-12-31
Previous Quarter
450.7 K
Current Value
228.3 K
Quarterly Volatility
3.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rand Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rand Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.2 K, Interest Expense of 1.1 M or Selling General Administrative of 1.1 M, as well as many indicators such as Price To Sales Ratio of 3.8, Dividend Yield of 0.11 or PTB Ratio of 0.52. Rand financial statements analysis is a perfect complement when working with Rand Capital Valuation or Volatility modules.
  
Check out the analysis of Rand Capital Correlation against competitors.

Latest Rand Capital's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Rand Capital Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Rand Capital's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rand Capital's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Very volatile
   Other Current Assets   
       Timeline  

Rand Other Current Assets Regression Statistics

Arithmetic Mean(3,664,316)
Geometric Mean757,699
Coefficient Of Variation(206.26)
Mean Deviation5,334,674
Median12,000
Standard Deviation7,557,985
Sample Variance57.1T
Range27.8M
R-Value(0.09)
Mean Square Error61T
R-Squared0.01
Significance0.75
Slope(154,788)
Total Sum of Squares799.7T

Rand Other Current Assets History

2024151.8 K
2023144.6 K
2022243.6 K
2021-1.1 M
2020229.1 K
2019-26.2 M
2018-4.2 M

About Rand Capital Financial Statements

Rand Capital stakeholders use historical fundamental indicators, such as Rand Capital's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Rand Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rand Capital's assets and liabilities are reflected in the revenues and expenses on Rand Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rand Capital Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets144.6 K151.8 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Rand Capital Corp is a strong investment it is important to analyze Rand Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rand Capital's future performance. For an informed investment choice regarding Rand Stock, refer to the following important reports:
Check out the analysis of Rand Capital Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Asset Management & Custody Banks 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 Rand Capital. If investors know Rand 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 Rand Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.427
Dividend Share
1.08
Earnings Share
4.98
Revenue Per Share
3.236
Quarterly Revenue Growth
0.274
The market value of Rand Capital Corp is measured differently than its book value, which is the value of Rand that is recorded on the company's balance sheet. Investors also form their own opinion of Rand Capital's value that differs from its market value or its book value, called intrinsic value, which is Rand Capital'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 Rand Capital's market value can be influenced by many factors that don't directly affect Rand Capital'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 Rand Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rand Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rand Capital'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.