Rave Intangible Assets vs Retained Earnings Analysis
RAVE Stock | USD 2.81 0.08 2.77% |
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 Intangible Assets and its Retained Earnings 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.
Intangible Assets vs Retained Earnings
Intangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rave Restaurant Group Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rave Restaurant's Intangible Assets and Retained Earnings is -0.21. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings 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 Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Rave Restaurant Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., Rave Restaurant's Intangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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.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. At present, Rave Restaurant's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.46, whereas Enterprise Value Over EBITDA is forecasted to decline to 6.37.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4M | 7.9M | 8.5M | 6.9M | Total Revenue | 10.7M | 11.9M | 12.2M | 11.5M |
Rave Restaurant fundamental ratios Correlations
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Rave Restaurant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rave Restaurant fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.7M | 13.3M | 18.5M | 14.2M | 15.8M | 13.5M | |
Short Long Term Debt Total | 6.3M | 4.2M | 1.9M | 1.4M | 957K | 909.2K | |
Other Current Liab | 1.2M | 505K | 1.2M | 427K | 513K | 487.4K | |
Total Current Liabilities | 2.5M | 4.5M | 2.9M | 2.2M | 2.0M | 3.8M | |
Total Stockholder Equity | 503K | 5.7M | 13.4M | 10.4M | 12.7M | 6.9M | |
Property Plant And Equipment Net | 3.9M | 2.5M | 2.0M | 1.5M | 999K | 949.1K | |
Net Debt | 3.3M | (4.1M) | (5.8M) | (3.9M) | (1.9M) | (1.8M) | |
Retained Earnings | (8.7M) | (7.2M) | 826K | 2.4M | 4.9M | 7.4M | |
Accounts Payable | 446K | 644K | 669K | 502K | 359K | 341.1K | |
Cash | 3.0M | 8.3M | 7.7M | 5.3M | 2.9M | 2.2M | |
Non Current Assets Total | 4.8M | 3.0M | 8.5M | 7.4M | 6.3M | 7.0M | |
Non Currrent Assets Other | 685K | 259K | 224K | 220K | 276K | 262.2K | |
Cash And Short Term Investments | 3.0M | 8.3M | 7.7M | 5.3M | 7.8M | 8.2M | |
Net Receivables | 1.5M | 1.8M | 2.2M | 1.3M | 1.5M | 2.9M | |
Common Stock Shares Outstanding | 15.1M | 18.1M | 18.0M | 15.9M | 14.6M | 13.8M | |
Liabilities And Stockholders Equity | 9.7M | 13.3M | 18.5M | 14.2M | 15.8M | 13.5M | |
Non Current Liabilities Total | 6.7M | 3.1M | 2.2M | 1.6M | 1.1M | 1.0M | |
Inventory | 278K | 35K | 1.0 | 52K | 59K | 56.1K | |
Other Current Assets | 174K | 231K | 182K | 256K | 226K | 214.7K | |
Other Stockholder Equity | 9.0M | 12.7M | 12.3M | 7.7M | 7.5M | 7.9M | |
Total Liab | 9.2M | 7.6M | 5.1M | 3.8M | 3.1M | 3.0M | |
Total Current Assets | 4.9M | 10.4M | 10.1M | 6.8M | 9.5M | 6.5M | |
Intangible Assets | 155K | 183K | 232K | 328K | 252K | 239.4K | |
Property Plant And Equipment Gross | 3.9M | 2.5M | 2.0M | 1.5M | 2.5M | 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 | 254K | 626K | 538K | 342K | 343K | 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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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.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: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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.