RumbleON Interest Income from 2010 to 2024

RMBL Stock  USD 5.68  0.65  10.27%   
RumbleON Interest Income yearly trend continues to be quite stable with very little volatility. Interest Income may rise above about 65 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2010-12-31
Previous Quarter
61.9 M
Current Value
65 M
Quarterly Volatility
24.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RumbleON financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RumbleON's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.1 M, Interest Expense of 81.1 M or Selling General Administrative of 328.3 M, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0 or PTB Ratio of 1.44. RumbleON financial statements analysis is a perfect complement when working with RumbleON Valuation or Volatility modules.
  
Check out the analysis of RumbleON Correlation against competitors.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.

Latest RumbleON's Interest Income Growth Pattern

Below is the plot of the Interest Income of RumbleON over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. RumbleON's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RumbleON's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

RumbleON Interest Income Regression Statistics

Arithmetic Mean14,725,590
Geometric Mean385,779
Coefficient Of Variation166.53
Mean Deviation19,604,334
Median595,970
Standard Deviation24,522,693
Sample Variance601.4T
Range65M
R-Value0.80
Mean Square Error232.3T
R-Squared0.64
Significance0.0003
Slope4,391,384
Total Sum of Squares8419.1T

RumbleON Interest Income History

202465 M
202361.9 M
202253.8 M
202125.2 M
20206.6 M
20195.9 M
20181.8 M

Other Fundumenentals of RumbleON

RumbleON Interest Income component correlations

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Click cells to compare fundamentals

About RumbleON Financial Statements

RumbleON investors utilize fundamental indicators, such as Interest Income, to predict how RumbleON Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income61.9 M65 M
Net Interest Income-74 M-70.3 M

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When determining whether RumbleON is a strong investment it is important to analyze RumbleON'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 RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out the analysis of RumbleON Correlation against competitors.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Automotive Retail 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 RumbleON. If investors know RumbleON 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 RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON'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 RumbleON's market value can be influenced by many factors that don't directly affect RumbleON'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 RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON'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.