Rectitude Holdings Ltd Stock Current Liabilities
| RECT Stock | 4.68 0.63 15.56% |
Rectitude Holdings Ltd fundamentals help investors to digest information that contributes to Rectitude Holdings' financial success or failures. It also enables traders to predict the movement of Rectitude Stock. The fundamental analysis module provides a way to measure Rectitude Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rectitude Holdings stock.
Total Current Liabilities is likely to drop to about 10.8 M in 2024. Non Current Liabilities Total is likely to drop to about 5.8 M in 2024. Rectitude |
Rectitude Holdings Ltd Company Current Liabilities Analysis
Rectitude Holdings' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Rectitude Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Rectitude Holdings is extremely important. It helps to project a fair market value of Rectitude Stock properly, considering its historical fundamentals such as Current Liabilities. Since Rectitude Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rectitude Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rectitude Holdings' interrelated accounts and indicators.
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Rectitude Current Liabilities Historical Pattern
Today, most investors in Rectitude Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rectitude Holdings' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Rectitude Holdings current liabilities as a starting point in their analysis.
Rectitude Holdings Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Rectitude Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Rectitude Holdings Ltd has a Current Liabilities of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and 100.0% lower than that of the Industrials industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Rectitude Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rectitude Holdings' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rectitude Holdings could also be used in its relative valuation, which is a method of valuing Rectitude Holdings by comparing valuation metrics of similar companies.Rectitude Holdings is currently under evaluation in current liabilities category among its peers.
Rectitude Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0827 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 51.29 M | ||||
| Shares Outstanding | 14.5 M | ||||
| Shares Owned By Insiders | 83.44 % | ||||
| Shares Owned By Institutions | 0.29 % | ||||
| Number Of Shares Shorted | 13.5 K | ||||
| Price To Book | 4.21 X | ||||
| Price To Sales | 1.14 X | ||||
| Revenue | 41.35 M | ||||
| EBITDA | 5.88 M | ||||
| Net Income | 3.36 M | ||||
| Total Debt | 8.94 M | ||||
| Book Value Per Share | 1.17 X | ||||
| Cash Flow From Operations | 4.2 M | ||||
| Short Ratio | 0.53 X | ||||
| Earnings Per Share | 0.18 X | ||||
| Number Of Employees | 107 | ||||
| Market Capitalization | 47.1 M | ||||
| Total Asset | 34.21 M | ||||
| Retained Earnings | 11.21 M | ||||
| Working Capital | 10.96 M | ||||
| Net Asset | 34.21 M |
About Rectitude Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rectitude Holdings Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rectitude Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rectitude Holdings Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Rectitude Stock Analysis
When running Rectitude Holdings' price analysis, check to measure Rectitude Holdings' 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 Rectitude Holdings is operating at the current time. Most of Rectitude Holdings' value examination focuses on studying past and present price action to predict the probability of Rectitude Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rectitude Holdings' price. Additionally, you may evaluate how the addition of Rectitude Holdings to your portfolios can decrease your overall portfolio volatility.