Rave Gross Profit Margin vs Total Current Assets Analysis

RAVE Stock

USD 2.53 0.01 0.40%

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

Gross Profit Margin vs Total Current Assets

Gross Profit Margin vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rave Restaurant Group Gross Profit Margin account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Rave Restaurant's Gross Profit Margin and Total Current Assets is -0.09. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Rave Restaurant Group, assuming nothing else is changed. The correlation between historical values of Rave Restaurant's Gross Profit Margin and Total Current 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 Gross Profit Margin of Rave Restaurant Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Gross Profit Margin i.e., Rave Restaurant's Gross Profit Margin and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit Margin

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.

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

The current year's Tax Provision is expected to grow to about 585 K, whereas Selling General Administrative is forecasted to decline to about 5.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	7.9M	8.5M	7.6M	6.9M
Total Revenue	11.9M	12.2M	10.9M	10.4M

Gross Profit Total Revenue

Rave Restaurant fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.54	0.51	0.38	0.37	0.36	0.13	0.24	0.23	0.32	0.88	0.38	0.19	0.39	-0.05	0.45	0.25	0.54	-0.02	0.48	0.66	-0.17	0.61	0.36	-0.31	-0.31
Short Long Term Debt Total	0.54		0.84	0.6	-0.5	0.07	0.8	-0.32	0.17	-0.01	0.62	0.6	-0.24	0.33	0.03	0.97	0.37	0.6	-0.09	0.96	0.13	-0.04	0.91	-0.01	-0.42	-0.44
Other Current Liab	0.51	0.84		0.62	-0.49	0.12	0.81	0.0	0.27	-0.28	0.63	0.38	-0.52	0.59	-0.29	0.88	0.62	0.76	-0.43	0.89	0.04	-0.31	0.85	0.01	-0.66	-0.68
Total Current Liabilities	0.38	0.6	0.62		-0.48	0.53	0.47	0.08	0.81	-0.16	0.42	0.12	-0.5	0.78	-0.46	0.55	0.42	0.54	-0.46	0.75	0.12	0.1	0.45	0.43	-0.66	-0.68
Total Stockholder Equity	0.37	-0.5	-0.49	-0.48		0.11	-0.7	0.46	-0.22	0.39	0.16	-0.2	0.68	-0.23	0.12	-0.58	-0.26	-0.18	0.25	-0.61	0.5	-0.09	-0.33	0.25	0.29	0.32
Property Plant And Equipment Net	0.36	0.07	0.12	0.53	0.11		-0.13	0.45	0.77	-0.12	0.45	-0.07	-0.37	0.6	-0.56	-0.04	0.15	0.24	-0.36	0.14	0.04	-0.02	-0.15	0.97	-0.47	-0.48
Net Debt	0.13	0.8	0.81	0.47	-0.7	-0.13		-0.21	0.14	-0.54	0.33	0.39	-0.51	0.33	-0.22	0.87	0.53	0.53	-0.39	0.84	-0.26	-0.25	0.8	-0.18	-0.53	-0.53
Retained Earnings	0.24	-0.32	0.0	0.08	0.46	0.45	-0.21		0.28	-0.25	0.11	-0.48	-0.15	0.54	-0.76	-0.37	0.58	0.3	-0.72	-0.26	0.31	-0.34	-0.21	0.49	-0.5	-0.49
Accounts Payable	0.23	0.17	0.27	0.81	-0.22	0.77	0.14	0.28		-0.33	0.35	-0.04	-0.55	0.76	-0.63	0.13	0.18	0.26	-0.43	0.36	-0.09	-0.04	0.01	0.72	-0.58	-0.6
Cash	0.32	-0.01	-0.28	-0.16	0.39	-0.12	-0.54	-0.25	-0.33		0.0	0.16	0.67	-0.32	0.65	-0.12	-0.37	-0.2	0.62	-0.15	0.65	0.4	-0.06	-0.15	0.52	0.51
Non Current Assets Total	0.88	0.62	0.63	0.42	0.16	0.45	0.33	0.11	0.35	0.0		0.44	-0.1	0.38	-0.12	0.58	0.19	0.55	-0.07	0.59	0.22	-0.29	0.66	0.44	-0.43	-0.43
Non Currrent Assets Other	0.38	0.6	0.38	0.12	-0.2	-0.07	0.39	-0.48	-0.04	0.16	0.44		0.07	-0.04	0.29	0.63	-0.07	-0.11	0.38	0.54	0.08	-0.13	0.56	-0.1	-0.02	-0.03
Cash And Short Term Investments	0.19	-0.24	-0.52	-0.5	0.68	-0.37	-0.51	-0.15	-0.55	0.67	-0.1	0.07		-0.63	0.64	-0.32	-0.49	-0.35	0.66	-0.41	0.55	0.22	-0.13	-0.22	0.62	0.65
Net Receivables	0.39	0.33	0.59	0.78	-0.23	0.6	0.33	0.54	0.76	-0.32	0.38	-0.04	-0.63		-0.78	0.3	0.66	0.56	-0.72	0.48	0.19	-0.15	0.27	0.5	-0.82	-0.83
Common Stock Shares Outstanding	-0.05	0.03	-0.29	-0.46	0.12	-0.56	-0.22	-0.76	-0.63	0.65	-0.12	0.29	0.64	-0.78		0.03	-0.66	-0.41	0.88	-0.12	0.1	0.35	0.05	-0.55	0.83	0.82
Non Current Liabilities Total	0.45	0.97	0.88	0.55	-0.58	-0.04	0.87	-0.37	0.13	-0.12	0.58	0.63	-0.32	0.3	0.03		0.39	0.57	-0.11	0.96	0.01	-0.13	0.93	-0.13	-0.43	-0.44
Inventory	0.25	0.37	0.62	0.42	-0.26	0.15	0.53	0.58	0.18	-0.37	0.19	-0.07	-0.49	0.66	-0.66	0.39		0.6	-0.87	0.44	0.19	-0.35	0.44	0.08	-0.74	-0.74
Other Current Assets	0.54	0.6	0.76	0.54	-0.18	0.24	0.53	0.3	0.26	-0.2	0.55	-0.11	-0.35	0.56	-0.41	0.57	0.6		-0.52	0.62	0.23	-0.15	0.63	0.18	-0.62	-0.63
Other Stockholder Equity	-0.02	-0.09	-0.43	-0.46	0.25	-0.36	-0.39	-0.72	-0.43	0.62	-0.07	0.38	0.66	-0.72	0.88	-0.11	-0.87	-0.52		-0.23	0.06	0.35	-0.13	-0.31	0.75	0.75
Total Liab	0.48	0.96	0.89	0.75	-0.61	0.14	0.84	-0.26	0.36	-0.15	0.59	0.54	-0.41	0.48	-0.12	0.96	0.44	0.62	-0.23		0.05	-0.07	0.88	0.04	-0.54	-0.56
Total Current Assets	0.66	0.13	0.04	0.12	0.5	0.04	-0.26	0.31	-0.09	0.65	0.22	0.08	0.55	0.19	0.1	0.01	0.19	0.23	0.06	0.05		0.11	0.2	0.04	0.05	0.05
Short Term Debt	-0.17	-0.04	-0.31	0.1	-0.09	-0.02	-0.25	-0.34	-0.04	0.4	-0.29	-0.13	0.22	-0.15	0.35	-0.13	-0.35	-0.15	0.35	-0.07	0.11		-0.16	-0.03	0.26	0.26
Intangible Assets	0.61	0.91	0.85	0.45	-0.33	-0.15	0.8	-0.21	0.01	-0.06	0.66	0.56	-0.13	0.27	0.05	0.93	0.44	0.63	-0.13	0.88	0.2	-0.16		-0.2	-0.4	-0.4
Property Plant And Equipment Gross	0.36	-0.01	0.01	0.43	0.25	0.97	-0.18	0.49	0.72	-0.15	0.44	-0.1	-0.22	0.5	-0.55	-0.13	0.08	0.18	-0.31	0.04	0.04	-0.03	-0.2		-0.45	-0.45
Common Stock Total Equity	-0.31	-0.42	-0.66	-0.66	0.29	-0.47	-0.53	-0.5	-0.58	0.52	-0.43	-0.02	0.62	-0.82	0.83	-0.43	-0.74	-0.62	0.75	-0.54	0.05	0.26	-0.4	-0.45		1.0
Common Stock	-0.31	-0.44	-0.68	-0.68	0.32	-0.48	-0.53	-0.49	-0.6	0.51	-0.43	-0.03	0.65	-0.83	0.82	-0.44	-0.74	-0.63	0.75	-0.56	0.05	0.26	-0.4	-0.45	1.0

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Rave Restaurant Account Relationship Matchups

Rave Restaurant fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.3M	18.5M	14.2M	15.8M	14.2M	13.5M
Short Long Term Debt Total	4.2M	1.9M	1.4M	957K	861.3K	818.2K
Other Current Liab	505K	1.2M	427K	513K	461.7K	438.6K
Total Current Liabilities	4.5M	2.9M	2.2M	2.0M	1.8M	1.7M
Total Stockholder Equity	5.7M	13.4M	10.4M	12.7M	14.6M	15.3M
Property Plant And Equipment Net	2.5M	2.0M	1.5M	999K	899.1K	854.1K
Net Debt	(4.1M)	(5.8M)	(3.9M)	(1.9M)	(1.7M)	(1.6M)
Retained Earnings	(7.2M)	826K	2.4M	4.9M	4.4M	7.4M
Accounts Payable	644K	669K	502K	359K	323.1K	306.9K
Cash	8.3M	7.7M	5.3M	2.9M	3.3M	2.2M
Non Current Assets Total	3.0M	8.5M	7.4M	6.3M	5.7M	7.0M
Non Currrent Assets Other	259K	224K	220K	276K	248.4K	236.0K
Cash And Short Term Investments	8.3M	7.7M	5.3M	7.8M	9.0M	9.5M
Net Receivables	1.8M	2.2M	1.3M	1.5M	1.3M	1.3M
Common Stock Shares Outstanding	18.1M	18.0M	15.9M	14.6M	16.8M	13.8M
Liabilities And Stockholders Equity	13.3M	18.5M	14.2M	15.8M	14.2M	13.5M
Non Current Liabilities Total	3.1M	2.2M	1.6M	1.1M	988.2K	938.8K
Inventory	35K	1.0	52K	59K	53.1K	50.4K
Other Current Assets	231K	182K	256K	226K	203.4K	193.2K
Other Stockholder Equity	12.7M	12.3M	7.7M	7.5M	8.7M	9.1M
Total Liab	7.6M	5.1M	3.8M	3.1M	2.8M	2.7M
Total Current Assets	10.4M	10.1M	6.8M	9.5M	8.6M	6.5M
Short Term Debt	2.8M	520K	927K	804K	723.6K	934.7K
Intangible Assets	183K	232K	328K	252K	226.8K	215.5K
Property Plant And Equipment Gross	2.5M	2.0M	1.5M	2.5M	2.2M	4.1M
Other Liab	1.0M	1.2M	793K	690K	793.5K	1.1M
Other Assets	685K	259K	6.2M	5.6M	6.4M	6.7M
Property Plant Equipment	3.9M	2.5M	2.0M	1.5M	1.3M	1.3M
Current Deferred Revenue	626K	538K	342K	343K	394.5K	245.4K
Net Tangible Assets	348K	5.6M	13.2M	10.1M	11.6M	6.8M
Deferred Long Term Liab	231K	207K	224K	220K	198K	188.1K

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When determining whether Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rave Restaurant's future performance. For an informed investment choice regarding Rave Stock, refer to the following important reports:

How To Invest In Rave

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Is Rave Stock a good investment?

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What is Rave Restaurant's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rave Restaurant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rave Restaurant. If investors know Rave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rave Restaurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.322

Earnings Share

0.18

Revenue Per Share

0.832

Quarterly Revenue Growth

(0.01)

Return On Assets

0.1224

The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave Restaurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave Restaurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave Restaurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Rave Gross Profit Margin vs Total Current Assets Analysis

Gross Profit Margin vs Total Current Assets

Gross Profit Margin vs Total Current Assets Correlation Analysis

Correlation Coefficient

Gross Profit Margin

Total Current Assets

Rave Restaurant fundamental ratios Correlations

Rave Restaurant Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rave Restaurant fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.96	Short Long Term Debt Total
Total Liab	+ 0.96	Non Current Liabilities Total
Intangible Assets	+ 0.93	Non Current Liabilities Total

Other Stockholder Equity	- 0.87	Inventory
Common Stock	- 0.83	Net Receivables
Common Stock Total Equity	- 0.82	Net Receivables
Common Stock Shares Outstanding	- 0.78	Net Receivables
Common Stock Shares Outstanding	- 0.76	Retained Earnings
Common Stock	- 0.74	Inventory