Rumble Inc Stock Working Capital

RUMBW Stock  USD 2.33  0.37  18.88%   
Rumble Inc fundamentals help investors to digest information that contributes to Rumble's financial success or failures. It also enables traders to predict the movement of Rumble Stock. The fundamental analysis module provides a way to measure Rumble's 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 Rumble stock.
Last ReportedProjected for Next Year
Net Working Capital204.4 M128.2 M
Change In Working Capital5.8 M6.1 M
Change In Working Capital is likely to climb to about 6.1 M in 2024, whereas Net Working Capital is likely to drop slightly above 128.2 M in 2024.
  
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Rumble Inc Company Working Capital Analysis

Rumble's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Rumble Working Capital

    
  204.45 M  
Most of Rumble's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rumble Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Rumble Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Rumble is extremely important. It helps to project a fair market value of Rumble Stock properly, considering its historical fundamentals such as Working Capital. Since Rumble's 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 Rumble's 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 Rumble's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Rumble Capital Lease Obligations

Capital Lease Obligations

2.74 Million

At this time, Rumble's Capital Lease Obligations is fairly stable compared to the past year.
Based on the company's disclosures, Rumble Inc has a Working Capital of 204.45 M. This is 97.91% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The working capital for all United States stocks is 86.17% higher than that of the company.

Rumble Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rumble's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rumble could also be used in its relative valuation, which is a method of valuing Rumble by comparing valuation metrics of similar companies.
Rumble is currently under evaluation in working capital category among its peers.

Rumble ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Rumble's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rumble's managers, analysts, and investors.
Environmental
Governance
Social

Rumble Fundamentals

About Rumble Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rumble Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rumble using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rumble Inc 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 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.