Red Debt Ratio from 2010 to 2024

RDVT Stock  USD 36.80  0.31  0.85%   
Red Violet Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio will likely drop to 0.01 in 2024. From the period from 2010 to 2024, Red Violet Debt Ratio quarterly data regression had mean square error of  0.000091 and mean deviation of  0.01. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.00611894
Current Value
0.005813
Quarterly Volatility
0.0102297
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Violet's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

Latest Red Violet's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Red Violet over the last few years. It is Red Violet's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Violet's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Red Debt Ratio Regression Statistics

Arithmetic Mean0.01
Coefficient Of Variation127.04
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.0001
Range0.0414
R-Value0.44
Mean Square Error0.000091
R-Squared0.19
Significance0.10
Slope0.001
Total Sum of Squares0

Red Debt Ratio History

2024 0.005813
2023 0.006119
2022 0.008939
2021 0.008296
2020 0.0414
2015 0.01

Other Fundumenentals of Red Violet

Red Violet Debt Ratio component correlations

1.00.90.80.9-0.410.750.980.97-0.84-0.010.89-0.930.990.980.94
1.00.910.780.89-0.410.70.990.95-0.84-0.030.9-0.940.990.990.93
0.90.910.640.93-0.660.530.920.82-0.81-0.110.87-0.980.950.950.91
0.80.780.640.74-0.250.820.740.91-0.860.240.57-0.690.750.760.66
0.90.890.930.74-0.740.720.850.88-0.790.030.76-0.90.920.880.94
-0.41-0.41-0.66-0.25-0.74-0.31-0.36-0.380.380.09-0.330.54-0.49-0.42-0.6
0.750.70.530.820.72-0.310.630.87-0.590.210.57-0.570.660.640.7
0.980.990.920.740.85-0.360.630.92-0.82-0.080.93-0.960.991.00.91
0.970.950.820.910.88-0.380.870.92-0.850.080.81-0.860.930.920.88
-0.84-0.84-0.81-0.86-0.790.38-0.59-0.82-0.85-0.14-0.710.8-0.85-0.86-0.78
-0.01-0.03-0.110.240.030.090.21-0.080.08-0.14-0.280.13-0.07-0.06-0.05
0.890.90.870.570.76-0.330.570.930.81-0.71-0.28-0.90.910.920.88
-0.93-0.94-0.98-0.69-0.90.54-0.57-0.96-0.860.80.13-0.9-0.96-0.98-0.89
0.990.990.950.750.92-0.490.660.990.93-0.85-0.070.91-0.960.990.96
0.980.990.950.760.88-0.420.641.00.92-0.86-0.060.92-0.980.990.91
0.940.930.910.660.94-0.60.70.910.88-0.78-0.050.88-0.890.960.91
Click cells to compare fundamentals

About Red Violet Financial Statements

Red Violet shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Red Violet investors may analyze each financial statement separately, they are all interrelated. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Violet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.01  0.01 
Cash Flow To Debt Ratio 26.49  27.81 

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Additional Tools for Red Stock Analysis

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