Rumble Net Receivables from 2010 to 2024

RUM Stock  USD 6.49  0.46  7.63%   
Rumble Net Receivables yearly trend continues to be very stable with very little volatility. Net Receivables is likely to drop to about 2.9 M. During the period from 2010 to 2024, Rumble Net Receivables quarterly data regression pattern had sample variance of 2.8 T and median of  424,059. View All Fundamentals
 
Net Receivables  
First Reported
2010-12-31
Previous Quarter
5.4 M
Current Value
2.9 M
Quarterly Volatility
1.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 5.9 M or Interest Expense of 1.2 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Rumble Inc over the last few years. It is Rumble's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rumble's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Rumble Net Receivables Regression Statistics

Arithmetic Mean1,312,517
Geometric Mean769,563
Coefficient Of Variation127.50
Mean Deviation1,219,366
Median424,059
Standard Deviation1,673,473
Sample Variance2.8T
Range5M
R-Value0.71
Mean Square Error1.5T
R-Squared0.50
Significance0
Slope265,537
Total Sum of Squares39.2T

Rumble Net Receivables History

20242.9 M
20235.4 M
20224.7 M
20211.3 M
20201.1 M

About Rumble Financial Statements

Rumble investors utilize fundamental indicators, such as Net Receivables, to predict how Rumble 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
Net Receivables5.4 M2.9 M

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When determining whether Rumble Inc is a strong investment it is important to analyze Rumble'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 Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out the analysis of Rumble Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.