Rumble Financials

RUMBW Stock  USD 2.33  0.37  18.88%   
Based on the measurements of operating efficiency obtained from Rumble's historical financial statements, Rumble Inc is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Rumble's Other Stockholder Equity is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to climb to about 29.2 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.3 M in 2024. Key indicators impacting Rumble's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.16.9683
Fairly Down
Slightly volatile
The essential information of the day-to-day investment outlook for Rumble includes many different criteria found on its balance sheet. An individual investor should monitor Rumble's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Rumble.

Net Income

(110.6 Million)

  
Understanding current and past Rumble Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Rumble's financial statements are interrelated, with each one affecting the others. For example, an increase in Rumble's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Rumble's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rumble Inc. Check Rumble's Beneish M Score to see the likelihood of Rumble's management manipulating its earnings.

Rumble Stock Summary

Rumble competes with Rumble. Rumble is entity of United States. It is traded as Stock on NASDAQ exchange.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP12521J111 78137L113
LocationNew York; U.S.A
Business Address444 Gulf of
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.rumble.com
Phone941 210 0196
CurrencyUSD - US Dollar

Rumble Key Financial Ratios

Rumble Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rumble's current stock value. Our valuation model uses many indicators to compare Rumble value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rumble competition to find correlations between indicators driving Rumble's intrinsic value. More Info.
Rumble Inc is currently regarded as top stock in return on equity category among its peers. It is rated second in return on asset category among its peers . At this time, Rumble's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Rumble by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Rumble Inc Systematic Risk

Rumble's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rumble volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Rumble Inc correlated with the market. If Beta is less than 0 Rumble generally moves in the opposite direction as compared to the market. If Rumble Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rumble Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rumble is generally in the same direction as the market. If Beta > 1 Rumble moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Rumble Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rumble's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rumble growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.006508)

At this time, Rumble's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Rumble November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Rumble help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rumble Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rumble Inc based on widely used predictive technical indicators. In general, we focus on analyzing Rumble Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rumble's daily price indicators and compare them against related drivers.

Additional Tools for Rumble Stock Analysis

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