Rumble Other Current Assets from 2010 to 2024

RUM Stock  USD 6.49  0.07  1.09%   
Rumble Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to grow to about 23.1 M 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
2010-12-31
Previous Quarter
22 M
Current Value
23.1 M
Quarterly Volatility
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Rumble Inc 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. Rumble's Other Current Assets 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Rumble Other Current Assets Regression Statistics

Arithmetic Mean3,723,591
Geometric Mean189,875
Coefficient Of Variation215.12
Mean Deviation5,771,659
Median61,477
Standard Deviation8,010,079
Sample Variance64.2T
Range23.1M
R-Value0.68
Mean Square Error36.9T
R-Squared0.47
Significance0.01
Slope1,221,771
Total Sum of Squares898.3T

Rumble Other Current Assets History

202423.1 M
202322 M
20229.3 M
2021775.6 K
2020 5290.0

About Rumble Financial Statements

Rumble investors utilize fundamental indicators, such as Other Current Assets, 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
Other Current Assets22 M23.1 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.