Radiant Cash vs Good Will Analysis

RADIANTCMS   78.73  1.93  2.51%   
Radiant Cash financial indicator trend analysis is much more than just breaking down Radiant Cash Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radiant Cash Management is a good investment. Please check the relationship between Radiant Cash Cash and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radiant Cash Management. 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.

Cash vs Good Will

Cash vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radiant Cash Management Cash account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Radiant Cash's Cash and Good Will is -0.94. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of Radiant Cash Management, assuming nothing else is changed. The correlation between historical values of Radiant Cash's Cash and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Radiant Cash Management are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., Radiant Cash's Cash and Good Will go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Radiant Cash Management, which is listed under current asset account on Radiant Cash Management balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Radiant Cash customers. The amounts must be unrestricted with restricted cash listed in a different Radiant Cash account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Radiant Cash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radiant Cash Management 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radiant Cash Management. 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.
Selling General Administrative is likely to gain to about 148.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.4B3.8B4.0B
Total Revenue2.9B3.5B3.9B3.0B

Radiant Cash fundamental ratios Correlations

0.020.870.87-0.41-0.14-0.93-0.410.50.94-0.5-0.020.96-0.68-0.82-0.07-0.22-0.320.870.990.280.11-0.2-0.520.070.05
0.02-0.4-0.40.770.710.290.77-0.52-0.270.50.55-0.20.620.450.520.710.56-0.4-0.060.930.450.890.06-0.480.27
0.87-0.41.0-0.81-0.53-0.98-0.80.620.98-0.7-0.330.95-0.94-0.98-0.37-0.6-0.641.00.9-0.11-0.18-0.6-0.470.34-0.17
0.87-0.41.0-0.8-0.53-0.98-0.790.620.98-0.7-0.320.96-0.93-0.98-0.38-0.6-0.641.00.91-0.1-0.18-0.6-0.460.35-0.16
-0.410.77-0.81-0.80.770.710.98-0.56-0.690.70.6-0.610.90.840.550.850.81-0.8-0.490.530.420.860.28-0.50.4
-0.140.71-0.53-0.530.770.380.78-0.33-0.420.610.26-0.40.710.480.930.830.6-0.52-0.220.510.860.88-0.25-0.91-0.03
-0.930.29-0.98-0.980.710.380.68-0.64-0.990.670.25-0.980.870.960.250.470.58-0.98-0.960.00.060.470.51-0.220.13
-0.410.77-0.8-0.790.980.780.68-0.46-0.670.610.55-0.60.930.820.530.90.7-0.79-0.460.540.40.870.32-0.480.35
0.5-0.520.620.62-0.56-0.33-0.64-0.460.64-0.66-0.490.57-0.51-0.6-0.32-0.17-0.690.630.56-0.39-0.13-0.54-0.170.27-0.37
0.94-0.270.980.98-0.69-0.42-0.99-0.670.64-0.67-0.240.99-0.86-0.94-0.32-0.46-0.570.980.960.02-0.11-0.49-0.460.3-0.1
-0.50.5-0.7-0.70.70.610.670.61-0.66-0.670.09-0.660.630.730.50.570.88-0.7-0.610.20.560.5-0.17-0.5-0.07
-0.020.55-0.33-0.320.60.260.250.55-0.49-0.240.09-0.090.380.320.20.210.49-0.33-0.030.61-0.110.550.5-0.090.92
0.96-0.20.950.96-0.61-0.4-0.98-0.60.570.99-0.66-0.09-0.83-0.91-0.3-0.44-0.490.960.980.1-0.13-0.42-0.410.30.06
-0.680.62-0.94-0.930.90.710.870.93-0.51-0.860.630.38-0.830.930.50.810.59-0.93-0.720.350.320.80.42-0.470.15
-0.820.45-0.98-0.980.840.480.960.82-0.6-0.940.730.32-0.910.930.270.660.67-0.97-0.860.150.130.580.49-0.240.19
-0.070.52-0.37-0.380.550.930.250.53-0.32-0.320.50.2-0.30.50.270.560.5-0.38-0.140.360.890.75-0.41-0.99-0.09
-0.220.71-0.6-0.60.850.830.470.9-0.17-0.460.570.21-0.440.810.660.560.55-0.59-0.290.460.590.790.03-0.550.0
-0.320.56-0.64-0.640.810.60.580.7-0.69-0.570.880.49-0.490.590.670.50.55-0.64-0.430.330.480.57-0.05-0.450.38
0.87-0.41.01.0-0.8-0.52-0.98-0.790.630.98-0.7-0.330.96-0.93-0.97-0.38-0.59-0.640.91-0.1-0.18-0.6-0.470.35-0.17
0.99-0.060.90.91-0.49-0.22-0.96-0.460.560.96-0.61-0.030.98-0.72-0.86-0.14-0.29-0.430.910.220.02-0.26-0.450.140.06
0.280.93-0.11-0.10.530.510.00.54-0.390.020.20.610.10.350.150.360.460.33-0.10.220.270.750.08-0.320.37
0.110.45-0.18-0.180.420.860.060.4-0.13-0.110.56-0.11-0.130.320.130.890.590.48-0.180.020.270.57-0.69-0.92-0.34
-0.20.89-0.6-0.60.860.880.470.87-0.54-0.490.50.55-0.420.80.580.750.790.57-0.6-0.260.750.570.09-0.70.26
-0.520.06-0.47-0.460.28-0.250.510.32-0.17-0.46-0.170.5-0.410.420.49-0.410.03-0.05-0.47-0.450.08-0.690.090.470.52
0.07-0.480.340.35-0.5-0.91-0.22-0.480.270.3-0.5-0.090.3-0.47-0.24-0.99-0.55-0.450.350.14-0.32-0.92-0.70.470.19
0.050.27-0.17-0.160.4-0.030.130.35-0.37-0.1-0.070.920.060.150.19-0.090.00.38-0.170.060.37-0.340.260.520.19
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Radiant Cash Account Relationship Matchups

Radiant Cash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.9B2.8B3.1B2.5B
Short Long Term Debt Total212.0M139.9M287.5M287.4M327.0M256.4M
Other Current Liab149.3M36.4M203.3M192.5M267.7M419.7M
Total Current Liabilities364.0M318.3M487.5M480.4M555.2M630.3M
Total Stockholder Equity1.2B1.3B1.4B2.3B2.5B1.6B
Property Plant And Equipment Net67.5M102.1M131.8M145.9M357.5M375.4M
Net Debt(167.3M)(397.9M)(414.5M)(692.2M)(974.1M)(1.0B)
Retained Earnings547.1M870.5M1.0B1.4B1.6B954.8M
Accounts Payable14.4M31.0M14.1M8.2M17.0M12.9M
Cash379.2M537.8M702.1M979.6M1.3B790.8M
Non Current Assets Total428.8M179.2M213.1M261.9M593.3M364.9M
Non Currrent Assets Other160.6M19.8M129.3M767.5M136.3M205.4M
Cash And Short Term Investments379.2M537.8M702.1M1.7B1.4B907.6M
Net Receivables624.6M709.0M786.0M716.5M804.9M718.3M
Liabilities And Stockholders Equity1.6B1.6B1.9B2.8B3.1B2.5B
Other Current Assets94.8M203.7M205.3M173.2M369.6M192.7M
Other Stockholder Equity592.2M343.1M254.6M748.4M860.6M581.8M
Total Liab380.5M350.5M508.1M489.2M612.8M646.3M
Total Current Assets1.1B1.4B1.7B2.5B2.6B2.1B
Short Term Debt196.0M107.7M266.9M278.6M270.6M228.9M
Intangible Assets14.7M16.1M9.3M6.4M79.2M83.2M
Current Deferred Revenue109.4M122.8M140.3M158.4M1.00.95
Short Term Investments127.2M136.2M90.6M756.3M105.5M100.2M
Non Current Liabilities Total16.5M32.2M20.6M8.8M57.7M60.5M
Inventory127.2M136.2M90.6M(14.4M)8.6M8.2M

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