RDE, Retained Earnings vs Accounts Payable Analysis

GIFT Stock

1.30 0.18 12.16%

RDE, financial indicator trend analysis is much more than just breaking down RDE, Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RDE, Inc is a good investment. Please check the relationship between RDE, Retained Earnings and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in RDE, Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RDE, Inc Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between RDE,'s Retained Earnings and Accounts Payable is -0.51. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of RDE, Inc, assuming nothing else is changed. The correlation between historical values of RDE,'s Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of RDE, Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., RDE,'s Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents RDE, obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of RDE, Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from RDE,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RDE, Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in RDE, Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Issuance Of Capital Stock is likely to drop to about 213.8 K in 2024

RDE, 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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Long Term Debt	Intangible Assets
Total Assets		-0.62	0.4	0.86	0.74	0.16	-0.59	0.91	0.82	0.99	-0.93	0.83	0.8	0.52	0.81	0.54	0.63	0.51	1.0	0.5	0.38	0.84	-0.01	0.18	-0.81	0.92
Other Current Liab	-0.62		-0.3	-0.44	-0.69	-0.31	0.32	-0.68	-0.92	-0.55	0.43	-0.73	-0.95	-0.84	-0.95	-0.99	-0.93	-0.47	-0.64	-0.57	-0.36	-0.82	-0.21	-0.15	0.67	-0.52
Total Current Liabilities	0.4	-0.3		-0.12	0.85	0.95	0.49	0.33	0.29	0.31	-0.23	0.72	0.3	-0.25	0.39	0.3	-0.02	0.98	0.35	0.95	1.0	0.65	0.89	-0.82	-0.83	0.17
Total Stockholder Equity	0.86	-0.44	-0.12		0.3	-0.37	-0.91	0.77	0.67	0.91	-0.9	0.47	0.65	0.63	0.61	0.35	0.63	0.0	0.88	-0.01	-0.14	0.52	-0.52	0.64	-0.41	0.9
Property Plant And Equipment Net	0.74	-0.69	0.85	0.3		0.76	0.07	0.75	0.75	0.65	-0.49	0.97	0.75	0.26	0.8	0.65	0.47	0.93	0.71	0.93	0.85	0.95	0.64	-0.44	-0.98	0.59
Net Debt	0.16	-0.31	0.95	-0.37	0.76		0.68	0.17	0.21	0.05	0.05	0.61	0.23	-0.25	0.32	0.34	-0.04	0.93	0.12	0.93	0.96	0.55	0.98	-0.89	-0.7	-0.05
Retained Earnings	-0.59	0.32	0.49	-0.91	0.07	0.68		-0.51	-0.49	-0.66	0.71	-0.12	-0.47	-0.69	-0.41	-0.25	-0.6	0.37	-0.63	0.36	0.5	-0.2	0.79	-0.89	0.03	-0.68
Accounts Payable	0.91	-0.68	0.33	0.77	0.75	0.17	-0.51		0.91	0.89	-0.7	0.88	0.87	0.6	0.86	0.58	0.7	0.46	0.91	0.45	0.31	0.9	0.0	0.17	-0.76	0.96
Cash	0.82	-0.92	0.29	0.67	0.75	0.21	-0.49	0.91		0.78	-0.61	0.85	1.0	0.82	0.99	0.87	0.92	0.46	0.84	0.52	0.32	0.91	0.07	0.22	-0.75	0.8
Non Current Assets Total	0.99	-0.55	0.31	0.91	0.65	0.05	-0.66	0.89	0.78		-0.94	0.76	0.75	0.5	0.75	0.46	0.59	0.42	0.99	0.39	0.28	0.78	-0.12	0.26	-0.74	0.94
Non Currrent Assets Other	-0.93	0.43	-0.23	-0.9	-0.49	0.05	0.71	-0.7	-0.61	-0.94		-0.58	-0.6	-0.42	-0.61	-0.36	-0.49	-0.32	-0.93	-0.3	-0.21	-0.6	0.21	-0.33	0.62	-0.8
Net Receivables	0.83	-0.73	0.72	0.47	0.97	0.61	-0.12	0.88	0.85	0.76	-0.58		0.83	0.39	0.87	0.67	0.58	0.82	0.81	0.82	0.72	0.99	0.47	-0.26	-0.96	0.75
Common Stock Shares Outstanding	0.8	-0.95	0.3	0.65	0.75	0.23	-0.47	0.87	1.0	0.75	-0.6	0.83		0.84	0.99	0.9	0.93	0.47	0.82	0.53	0.32	0.9	0.09	0.22	-0.74	0.76
Non Current Liabilities Total	0.52	-0.84	-0.25	0.63	0.26	-0.25	-0.69	0.6	0.82	0.5	-0.42	0.39	0.84		0.78	0.81	0.97	-0.06	0.56	0.04	-0.2	0.52	-0.35	0.65	-0.27	0.56
Capital Lease Obligations	0.81	-0.95	0.39	0.61	0.8	0.32	-0.41	0.86	0.99	0.75	-0.61	0.87	0.99	0.78		0.91	0.9	0.55	0.82	0.61	0.42	0.93	0.18	0.13	-0.8	0.74
Inventory	0.54	-0.99	0.3	0.35	0.65	0.34	-0.25	0.58	0.87	0.46	-0.36	0.67	0.9	0.81	0.91		0.91	0.47	0.57	0.58	0.37	0.76	0.25	0.11	-0.63	0.41
Other Current Assets	0.63	-0.93	-0.02	0.63	0.47	-0.04	-0.6	0.7	0.92	0.59	-0.49	0.58	0.93	0.97	0.9	0.91		0.17	0.67	0.27	0.03	0.69	-0.15	0.48	-0.47	0.62
Total Liab	0.51	-0.47	0.98	0.0	0.93	0.93	0.37	0.46	0.46	0.42	-0.32	0.82	0.47	-0.06	0.55	0.47	0.17		0.47	0.99	0.99	0.77	0.85	-0.72	-0.91	0.29
Net Invested Capital	1.0	-0.64	0.35	0.88	0.71	0.12	-0.63	0.91	0.84	0.99	-0.93	0.81	0.82	0.56	0.82	0.57	0.67	0.47		0.46	0.34	0.83	-0.06	0.24	-0.79	0.93
Property Plant And Equipment Gross	0.5	-0.57	0.95	-0.01	0.93	0.93	0.36	0.45	0.52	0.39	-0.3	0.82	0.53	0.04	0.61	0.58	0.27	0.99	0.46		0.97	0.78	0.85	-0.67	-0.9	0.26
Short Long Term Debt	0.38	-0.36	1.0	-0.14	0.85	0.96	0.5	0.31	0.32	0.28	-0.21	0.72	0.32	-0.2	0.42	0.37	0.03	0.99	0.34	0.97		0.65	0.91	-0.81	-0.83	0.14
Total Current Assets	0.84	-0.82	0.65	0.52	0.95	0.55	-0.2	0.9	0.91	0.78	-0.6	0.99	0.9	0.52	0.93	0.76	0.69	0.77	0.83	0.78	0.65		0.4	-0.16	-0.94	0.76
Capital Stock	-0.01	-0.21	0.89	-0.52	0.64	0.98	0.79	0.0	0.07	-0.12	0.21	0.47	0.09	-0.35	0.18	0.25	-0.15	0.85	-0.06	0.85	0.91	0.4		-0.93	-0.57	-0.22
Net Working Capital	0.18	-0.15	-0.82	0.64	-0.44	-0.89	-0.89	0.17	0.22	0.26	-0.33	-0.26	0.22	0.65	0.13	0.11	0.48	-0.72	0.24	-0.67	-0.81	-0.16	-0.93		0.37	0.34
Long Term Debt	-0.81	0.67	-0.83	-0.41	-0.98	-0.7	0.03	-0.76	-0.75	-0.74	0.62	-0.96	-0.74	-0.27	-0.8	-0.63	-0.47	-0.91	-0.79	-0.9	-0.83	-0.94	-0.57	0.37		-0.64
Intangible Assets	0.92	-0.52	0.17	0.9	0.59	-0.05	-0.68	0.96	0.8	0.94	-0.8	0.75	0.76	0.56	0.74	0.41	0.62	0.29	0.93	0.26	0.14	0.76	-0.22	0.34	-0.64

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RDE, Retained Earnings vs Accounts Payable Analysis

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

Correlation Coefficient

Retained Earnings

Accounts Payable

RDE, fundamental ratios Correlations

RDE, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Short Long Term Debt	+ 1.0	Total Current Liabilities
Common Stock Shares Outstanding	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Capital Lease Obligations	+ 0.99	Cash
Net Invested Capital	+ 0.99	Non Current Assets Total

Inventory	- 0.99	Other Current Liab
Long Term Debt	- 0.98	Property Plant And Equipment Net
Long Term Debt	- 0.96	Net Receivables
Capital Lease Obligations	- 0.95	Other Current Liab
Common Stock Shares Outstanding	- 0.95	Other Current Liab
Long Term Debt	- 0.94	Total Current Assets