Runjian Current Deferred Revenue vs Total Assets Analysis

002929 Stock

29.08 0.55 1.86%

Runjian Communication financial indicator trend analysis is much more than just breaking down Runjian Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runjian Communication is a good investment. Please check the relationship between Runjian Communication Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Runjian Communication Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runjian Communication Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Runjian Communication's Current Deferred Revenue and Total Assets is 0.84. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Runjian Communication Co, assuming nothing else is changed. The correlation between historical values of Runjian Communication's Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Runjian Communication Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Runjian Communication's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Runjian Communication assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Runjian Communication books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Runjian Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runjian Communication current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Runjian Communication Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 27, 2024, Selling General Administrative is expected to decline to about 58.5 M. In addition to that, Tax Provision is expected to decline to about 59.6 M

	2021	2022	2023	2024 (projected)
Interest Expense	77.2M	119.6M	104.8M	110.0M
Depreciation And Amortization	49.8M	60.9M	69.3M	38.0M

Interest Expense Depreciation And Amortization

Runjian Communication fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Current Deferred Revenue	Other Assets
Total Assets		-0.18	0.99	0.98	0.98	0.31	0.99	1.0	0.81	0.98	0.98	0.8	0.99	0.87	0.89	0.7	0.95	0.99	1.0	0.96	0.86	0.9	0.99	0.85	0.84	0.22
Other Current Liab	-0.18		-0.15	-0.25	-0.12	0.26	-0.22	-0.17	-0.18	-0.22	-0.29	-0.2	-0.15	-0.17	-0.21	0.46	-0.28	-0.13	-0.16	0.0	-0.24	0.04	-0.19	-0.17	-0.51	-0.21
Total Current Liabilities	0.99	-0.15		0.96	1.0	0.41	0.97	1.0	0.72	0.99	0.97	0.72	1.0	0.81	0.86	0.7	0.92	0.99	0.98	0.95	0.8	0.87	0.97	0.78	0.85	0.18
Total Stockholder Equity	0.98	-0.25	0.96		0.93	0.14	0.99	0.97	0.83	0.95	0.95	0.83	0.97	0.9	0.89	0.62	0.99	0.95	0.98	0.9	0.91	0.85	0.96	0.88	0.84	0.19
Property Plant And Equipment Net	0.98	-0.12	1.0	0.93		0.47	0.95	0.99	0.69	0.99	0.97	0.68	0.99	0.78	0.84	0.71	0.9	0.99	0.97	0.96	0.77	0.86	0.96	0.75	0.83	0.18
Net Debt	0.31	0.26	0.41	0.14	0.47		0.23	0.38	-0.14	0.38	0.32	-0.15	0.37	-0.03	0.17	0.49	0.06	0.4	0.27	0.45	-0.09	0.31	0.3	-0.06	0.17	-0.16
Retained Earnings	0.99	-0.22	0.97	0.99	0.95	0.23		0.98	0.82	0.96	0.96	0.82	0.99	0.89	0.91	0.68	0.96	0.97	0.99	0.94	0.89	0.88	0.98	0.87	0.83	0.2
Accounts Payable	1.0	-0.17	1.0	0.97	0.99	0.38	0.98		0.75	0.99	0.98	0.74	1.0	0.83	0.87	0.7	0.93	1.0	0.99	0.96	0.82	0.88	0.98	0.81	0.84	0.19
Cash	0.81	-0.18	0.72	0.83	0.69	-0.14	0.82	0.75		0.73	0.76	1.0	0.75	0.95	0.88	0.63	0.8	0.77	0.83	0.79	0.92	0.89	0.83	0.97	0.61	0.48
Non Current Assets Total	0.98	-0.22	0.99	0.95	0.99	0.38	0.96	0.99	0.73		0.99	0.72	0.98	0.8	0.85	0.64	0.92	0.99	0.97	0.95	0.79	0.85	0.97	0.78	0.88	0.18
Non Currrent Assets Other	0.98	-0.29	0.97	0.95	0.97	0.32	0.96	0.98	0.76	0.99		0.75	0.96	0.81	0.84	0.59	0.92	0.97	0.96	0.93	0.8	0.84	0.96	0.79	0.9	0.21
Cash And Short Term Investments	0.8	-0.2	0.72	0.83	0.68	-0.15	0.82	0.74	1.0	0.72	0.75		0.75	0.95	0.87	0.62	0.79	0.77	0.82	0.78	0.91	0.88	0.82	0.97	0.6	0.5
Net Receivables	0.99	-0.15	1.0	0.97	0.99	0.37	0.99	1.0	0.75	0.98	0.96	0.75		0.84	0.88	0.72	0.94	0.99	0.99	0.95	0.84	0.88	0.98	0.82	0.83	0.18
Common Stock Shares Outstanding	0.87	-0.17	0.81	0.9	0.78	-0.03	0.89	0.83	0.95	0.8	0.81	0.95	0.84		0.92	0.7	0.88	0.84	0.89	0.84	0.97	0.9	0.87	0.99	0.64	0.33
Inventory	0.89	-0.21	0.86	0.89	0.84	0.17	0.91	0.87	0.88	0.85	0.84	0.87	0.88	0.92		0.71	0.85	0.88	0.9	0.86	0.94	0.92	0.89	0.94	0.7	0.26
Other Current Assets	0.7	0.46	0.7	0.62	0.71	0.49	0.68	0.7	0.63	0.64	0.59	0.62	0.72	0.7	0.71		0.55	0.74	0.72	0.83	0.62	0.87	0.7	0.68	0.25	0.11
Other Stockholder Equity	0.95	-0.28	0.92	0.99	0.9	0.06	0.96	0.93	0.8	0.92	0.92	0.79	0.94	0.88	0.85	0.55		0.91	0.95	0.84	0.91	0.78	0.91	0.86	0.84	0.14
Total Liab	0.99	-0.13	0.99	0.95	0.99	0.4	0.97	1.0	0.77	0.99	0.97	0.77	0.99	0.84	0.88	0.74	0.91		0.99	0.98	0.82	0.91	0.98	0.82	0.82	0.24
Total Current Assets	1.0	-0.16	0.98	0.98	0.97	0.27	0.99	0.99	0.83	0.97	0.96	0.82	0.99	0.89	0.9	0.72	0.95	0.99		0.96	0.88	0.9	0.98	0.87	0.82	0.24
Intangible Assets	0.96	0.0	0.95	0.9	0.96	0.45	0.94	0.96	0.79	0.95	0.93	0.78	0.95	0.84	0.86	0.83	0.84	0.98	0.96		0.78	0.95	0.95	0.81	0.7	0.21
Common Stock	0.86	-0.24	0.8	0.91	0.77	-0.09	0.89	0.82	0.92	0.79	0.8	0.91	0.84	0.97	0.94	0.62	0.91	0.82	0.88	0.78		0.84	0.85	0.98	0.68	0.24
Short Long Term Debt Total	0.9	0.04	0.87	0.85	0.86	0.31	0.88	0.88	0.89	0.85	0.84	0.88	0.88	0.9	0.92	0.87	0.78	0.91	0.9	0.95	0.84		0.91	0.9	0.62	0.37
Other Liab	0.99	-0.19	0.97	0.96	0.96	0.3	0.98	0.98	0.83	0.97	0.96	0.82	0.98	0.87	0.89	0.7	0.91	0.98	0.98	0.95	0.85	0.91		0.85	0.85	0.34
Net Tangible Assets	0.85	-0.17	0.78	0.88	0.75	-0.06	0.87	0.81	0.97	0.78	0.79	0.97	0.82	0.99	0.94	0.68	0.86	0.82	0.87	0.81	0.98	0.9	0.85		0.62	0.34
Current Deferred Revenue	0.84	-0.51	0.85	0.84	0.83	0.17	0.83	0.84	0.61	0.88	0.9	0.6	0.83	0.64	0.7	0.25	0.84	0.82	0.82	0.7	0.68	0.62	0.85	0.62		0.32
Other Assets	0.22	-0.21	0.18	0.19	0.18	-0.16	0.2	0.19	0.48	0.18	0.21	0.5	0.18	0.33	0.26	0.11	0.14	0.24	0.24	0.21	0.24	0.37	0.34	0.34	0.32

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Runjian Communication Account Relationship Matchups

Runjian Communication fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	6.9B	10.2B	12.7B	14.9B	15.6B
Other Current Liab	(154.4M)	23.8M	23.8M	666.2M	18.7M	17.8M
Total Current Liabilities	2.0B	2.7B	5.2B	7.2B	8.8B	9.2B
Total Stockholder Equity	2.8B	3.2B	3.8B	4.3B	5.9B	6.2B
Property Plant And Equipment Net	202.1M	278.9M	705.9M	1.1B	1.3B	1.3B
Net Debt	(722.7M)	(830.3M)	(447.5M)	754.7M	193.4M	203.1M
Retained Earnings	1.0B	1.3B	1.6B	2.0B	2.3B	2.4B
Accounts Payable	1.5B	1.9B	3.4B	4.7B	5.7B	6.0B
Cash	1.2B	2.0B	2.5B	1.9B	1.9B	1.2B
Non Current Assets Total	642.5M	1.6B	2.2B	2.8B	3.9B	4.1B
Non Currrent Assets Other	434.5M	1.1B	1.3B	1.3B	2.2B	2.3B
Cash And Short Term Investments	1.4B	2.1B	2.6B	2.0B	1.9B	1.2B
Net Receivables	2.0B	2.2B	3.9B	5.5B	6.4B	6.7B
Liabilities And Stockholders Equity	4.9B	6.9B	10.2B	12.7B	14.9B	15.6B
Inventory	823.5M	933.3M	1.1B	1.3B	1.7B	871.7M
Other Current Assets	27.7M	81.0M	306.0M	1.2B	438.6M	220.6M
Other Stockholder Equity	1.4B	1.4B	1.6B	1.7B	3.0B	3.1B
Total Liab	2.0B	3.6B	6.2B	8.3B	8.9B	9.3B
Total Current Assets	4.3B	5.3B	8.0B	10.0B	11.0B	11.5B
Intangible Assets	12.9M	37.8M	52.1M	92.0M	69.5M	73.0M
Net Tangible Assets	2.6B	2.7B	3.0B	3.6B	4.2B	2.3B
Other Assets	40.8M	59.3M	1.0	1.2B	1.15	1.09
Non Current Liabilities Total	1.5M	943.3M	1.0B	1.1B	67.9M	64.5M
Property Plant Equipment	63.8M	202.1M	278.9M	705.9M	811.8M	852.4M
Good Will	95.0M	161.4M	165.9M	180.0M	159.1M	108.9M
Deferred Long Term Liab	918.0K	559.9K	5.5M	5.4M	6.3M	6.6M
Net Invested Capital	2.8B	4.4B	5.8B	7.0B	8.0B	5.0B
Net Working Capital	2.3B	2.6B	2.8B	2.8B	2.1B	2.5B
Short Term Investments	209.4M	40.0M	187.1M	70.2M	21.2M	20.2M

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Balance Sheet is a snapshot of the financial position of Runjian Communication at a specified time, usually calculated after every quarter, six months, or one year. Runjian Communication Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Runjian Communication and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Runjian currently owns. An asset can also be divided into two categories, current and non-current.

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Runjian Current Deferred Revenue vs Total Assets Analysis

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Total Assets

Runjian Communication fundamental ratios Correlations

Runjian Communication Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Runjian Communication fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable

Current Deferred Revenue	- 0.51	Other Current Liab
Non Currrent Assets Other	- 0.29	Other Current Liab
Other Stockholder Equity	- 0.28	Other Current Liab
Total Stockholder Equity	- 0.25	Other Current Liab
Common Stock	- 0.24	Other Current Liab
Non Current Assets Total	- 0.22	Other Current Liab