Risen Total Current Assets vs Total Revenue Analysis

300118 Stock

14.57 0.09 0.62%

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

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Risen Energy Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Risen Energy's Total Current Assets and Total Revenue is 0.91. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Risen Energy, assuming nothing else is changed. The correlation between historical values of Risen Energy's Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Risen Energy are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Risen Energy's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Risen Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Risen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Risen Energy 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 Risen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of December 1, 2024, Selling General Administrative is expected to decline to about 396.5 M. In addition to that, Tax Provision is expected to decline to about 68.8 M

	2021	2022	2023	2024 (projected)
Income Before Tax	24.3M	1.1B	1.5B	1.5B
Cost Of Revenue	17.6B	26.2B	30.2B	31.7B

Income Before Tax Cost Of Revenue

Risen Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total
Total Assets		0.57	1.0	0.98	0.98	1.0	0.97	0.89	0.58	0.92	0.72	1.0	0.87	0.59	0.93	0.93	0.26	0.94	0.76	0.86	-0.58	0.95	0.46	0.89	0.65	0.9
Other Current Liab	0.57		0.61	0.5	0.64	0.59	0.66	0.61	0.45	0.71	0.63	0.57	0.65	0.54	0.66	0.65	0.27	0.46	0.04	0.69	-0.43	0.63	0.14	0.75	0.68	0.55
Total Current Liabilities	1.0	0.61		0.96	0.98	1.0	0.98	0.87	0.53	0.95	0.7	1.0	0.89	0.56	0.91	0.94	0.24	0.92	0.75	0.85	-0.61	0.97	0.42	0.9	0.62	0.89
Total Stockholder Equity	0.98	0.5	0.96		0.97	0.96	0.94	0.92	0.65	0.86	0.72	0.97	0.83	0.65	0.91	0.89	0.22	0.95	0.75	0.88	-0.52	0.89	0.55	0.84	0.7	0.88
Retained Earnings	0.98	0.64	0.98	0.97		0.98	0.96	0.92	0.64	0.9	0.77	0.98	0.85	0.62	0.96	0.94	0.27	0.94	0.67	0.91	-0.53	0.93	0.5	0.9	0.74	0.9
Accounts Payable	1.0	0.59	1.0	0.96	0.98		0.98	0.87	0.54	0.94	0.72	1.0	0.88	0.55	0.92	0.95	0.25	0.93	0.75	0.85	-0.59	0.97	0.43	0.9	0.63	0.9
Cash	0.97	0.66	0.98	0.94	0.96	0.98		0.85	0.49	0.96	0.68	0.98	0.85	0.56	0.87	0.92	0.22	0.89	0.71	0.85	-0.56	0.95	0.48	0.92	0.63	0.86
Other Assets	0.89	0.61	0.87	0.92	0.92	0.87	0.85		0.77	0.78	0.77	0.86	0.8	0.71	0.92	0.82	0.16	0.85	0.52	0.94	-0.55	0.8	0.48	0.81	0.87	0.84
Net Receivables	0.58	0.45	0.53	0.65	0.64	0.54	0.49	0.77		0.43	0.76	0.53	0.47	0.88	0.71	0.54	0.15	0.64	0.2	0.78	-0.12	0.42	0.48	0.55	0.83	0.63
Inventory	0.92	0.71	0.95	0.86	0.9	0.94	0.96	0.78	0.43		0.59	0.94	0.83	0.49	0.8	0.86	0.09	0.83	0.67	0.76	-0.62	0.94	0.38	0.9	0.52	0.79
Other Current Assets	0.72	0.63	0.7	0.72	0.77	0.72	0.68	0.77	0.76	0.59		0.7	0.7	0.77	0.87	0.83	0.51	0.66	0.32	0.89	-0.26	0.7	0.26	0.8	0.83	0.83
Total Liab	1.0	0.57	1.0	0.97	0.98	1.0	0.98	0.86	0.53	0.94	0.7		0.87	0.55	0.91	0.93	0.25	0.93	0.78	0.84	-0.6	0.97	0.43	0.89	0.61	0.9
Intangible Assets	0.87	0.65	0.89	0.83	0.85	0.88	0.85	0.8	0.47	0.83	0.7	0.87		0.61	0.89	0.86	0.32	0.75	0.56	0.77	-0.68	0.88	0.15	0.83	0.61	0.82
Common Stock	0.59	0.54	0.56	0.65	0.62	0.55	0.56	0.71	0.88	0.49	0.77	0.55	0.61		0.69	0.56	0.2	0.59	0.24	0.77	-0.17	0.46	0.42	0.63	0.77	0.65
Property Plant Equipment	0.93	0.66	0.91	0.91	0.96	0.92	0.87	0.92	0.71	0.8	0.87	0.91	0.89	0.69		0.93	0.41	0.88	0.52	0.92	-0.52	0.87	0.35	0.85	0.82	0.9
Other Liab	0.93	0.65	0.94	0.89	0.94	0.95	0.92	0.82	0.54	0.86	0.83	0.93	0.86	0.56	0.93		0.5	0.82	0.6	0.85	-0.44	0.96	0.36	0.89	0.67	0.87
Short Term Investments	0.26	0.27	0.24	0.22	0.27	0.25	0.22	0.16	0.15	0.09	0.51	0.25	0.32	0.2	0.41	0.5		0.13	0.01	0.28	0.1	0.32	-0.06	0.25	0.3	0.3
Long Term Debt	0.94	0.46	0.92	0.95	0.94	0.93	0.89	0.85	0.64	0.83	0.66	0.93	0.75	0.59	0.88	0.82	0.13		0.74	0.82	-0.5	0.83	0.53	0.78	0.63	0.85
Good Will	0.76	0.04	0.75	0.75	0.67	0.75	0.71	0.52	0.2	0.67	0.32	0.78	0.56	0.24	0.52	0.6	0.01	0.74		0.48	-0.5	0.71	0.34	0.63	0.14	0.73
Net Tangible Assets	0.86	0.69	0.85	0.88	0.91	0.85	0.85	0.94	0.78	0.76	0.89	0.84	0.77	0.77	0.92	0.85	0.28	0.82	0.48		-0.43	0.79	0.48	0.9	0.92	0.9
Other Stockholder Equity	-0.58	-0.43	-0.61	-0.52	-0.53	-0.59	-0.56	-0.55	-0.12	-0.62	-0.26	-0.6	-0.68	-0.17	-0.52	-0.44	0.1	-0.5	-0.5	-0.43		-0.6	0.28	-0.56	-0.27	-0.58
Deferred Long Term Liab	0.95	0.63	0.97	0.89	0.93	0.97	0.95	0.8	0.42	0.94	0.7	0.97	0.88	0.46	0.87	0.96	0.32	0.83	0.71	0.79	-0.6		0.31	0.9	0.55	0.86
Long Term Investments	0.46	0.14	0.42	0.55	0.5	0.43	0.48	0.48	0.48	0.38	0.26	0.43	0.15	0.42	0.35	0.36	-0.06	0.53	0.34	0.48	0.28	0.31		0.32	0.46	0.28
Total Current Assets	0.89	0.75	0.9	0.84	0.9	0.9	0.92	0.81	0.55	0.9	0.8	0.89	0.83	0.63	0.85	0.89	0.25	0.78	0.63	0.9	-0.56	0.9	0.32		0.68	0.93
Treasury Stock	0.65	0.68	0.62	0.7	0.74	0.63	0.63	0.87	0.83	0.52	0.83	0.61	0.61	0.77	0.82	0.67	0.3	0.63	0.14	0.92	-0.27	0.55	0.46	0.68		0.68
Non Current Assets Total	0.9	0.55	0.89	0.88	0.9	0.9	0.86	0.84	0.63	0.79	0.83	0.9	0.82	0.65	0.9	0.87	0.3	0.85	0.73	0.9	-0.58	0.86	0.28	0.93	0.68

Click cells to compare fundamentals

Risen Energy Account Relationship Matchups

Risen Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.6B	28.9B	29.6B	38.3B	54.2B	57.0B
Other Current Liab	1.5B	2.2B	1.7B	5.4B	1.3B	1.1B
Total Current Liabilities	13.1B	14.9B	16.8B	24.4B	31.0B	32.5B
Total Stockholder Equity	8.2B	8.4B	8.5B	9.4B	15.2B	16.0B
Retained Earnings	2.5B	2.6B	2.5B	3.4B	4.1B	4.4B
Accounts Payable	8.0B	9.0B	10.4B	13.6B	18.4B	19.3B
Cash	4.2B	5.2B	5.2B	9.8B	10.6B	11.1B
Other Assets	1.3B	981.1M	847.6M	1.2B	1.4B	1.5B
Net Receivables	4.7B	3.7B	5.2B	3.1B	4.4B	2.7B
Inventory	1.7B	1.6B	3.0B	6.4B	5.6B	5.8B
Other Current Assets	1.4B	2.0B	2.1B	1.4B	1.8B	922.9M
Total Liab	16.2B	19.0B	20.0B	27.9B	39.0B	41.0B
Intangible Assets	611.1M	714.4M	685.7M	950.3M	923.7M	969.9M
Property Plant Equipment	11.1B	12.1B	11.4B	11.1B	12.8B	13.4B
Other Liab	66.5M	152.5M	368.0M	344.1M	395.7M	415.5M
Long Term Debt	2.9B	1.7B	1.8B	2.1B	3.8B	4.0B
Net Tangible Assets	7.3B	7.4B	7.8B	8.4B	9.7B	6.9B
Other Stockholder Equity	(28.7M)	25.2M	3.4M	(69.4M)	(62.4M)	(59.3M)
Deferred Long Term Liab	63.0M	137.6M	173.6M	216.5M	249.0M	261.4M
Total Current Assets	12.0B	14.4B	15.6B	23.4B	26.2B	15.1B
Non Current Assets Total	13.6B	14.5B	14.0B	14.8B	28.1B	14.3B
Non Currrent Assets Other	94.2M	147.6M	316.6M	997.0M	188.4M	336.7M
Non Current Liabilities Total	3.1B	4.1B	3.3B	3.5B	8.0B	8.4B
Short Long Term Debt	3.1B	3.5B	3.8B	4.3B	5.6B	3.5B
Non Current Liabilities Other	14.2M	10.4M	4.1M	3.1M	539.5M	566.5M
Net Invested Capital	12.3B	13.7B	14.0B	15.7B	24.6B	15.8B
Net Working Capital	(1.1B)	(485.2M)	(1.2B)	(934.9M)	(4.8B)	(4.6B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Risen Stock

Balance Sheet is a snapshot of the financial position of Risen Energy at a specified time, usually calculated after every quarter, six months, or one year. Risen Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Risen Energy 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 Risen currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Risen Total Current Assets vs Total Revenue Analysis

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Revenue

Risen Energy fundamental ratios Correlations

Risen Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Risen Energy fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Risen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Accounts Payable

Other Stockholder Equity	- 0.68	Intangible Assets
Other Stockholder Equity	- 0.62	Inventory
Other Stockholder Equity	- 0.61	Total Current Liabilities
Deferred Long Term Liab	- 0.6	Other Stockholder Equity
Other Stockholder Equity	- 0.6	Total Liab
Other Stockholder Equity	- 0.59	Accounts Payable