Raytech Capital Stock vs Short Term Investments Analysis

RAY Stock

1.52 0.03 1.94%

Raytech Holding financial indicator trend analysis is much more than just breaking down Raytech Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raytech Holding is a good investment. Please check the relationship between Raytech Holding Capital Stock and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytech Holding Limited. 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.

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytech Holding Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Raytech Holding's Capital Stock and Short Term Investments is 1.0. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Raytech Holding Limited, assuming nothing else is changed. The correlation between historical values of Raytech Holding's Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Raytech Holding Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Raytech Holding's Capital Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Term Investments

Short Term Investments is an item under the current assets section of Raytech Holding balance sheet. It contains any investments Raytech Holding Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Raytech Holding can easily liquidate in the marketplace.

Most indicators from Raytech Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raytech Holding 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 Raytech Holding Limited. 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.

At this time, Raytech Holding's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 72.18 in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.8K	14.9K	4.9K	7.3K
Interest Income	327.0	143.4K	1.4M	1.5M

Depreciation And Amortization Interest Income

Raytech Holding 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Other Assets
Total Assets		0.47	1.0	1.0	-0.86	-0.99	1.0	0.94	0.99	0.86	0.86	0.99	0.84	-0.91	0.29	0.23	1.0	0.7	-0.1	1.0	-0.94	0.69	0.34	-0.67	0.21	0.77
Other Current Liab	0.47		0.46	0.48	0.01	-0.4	0.47	0.22	0.4	-0.01	-0.01	0.4	0.35	-0.36	0.6	-0.12	0.46	-0.08	-0.23	0.48	-0.38	-0.06	0.62	0.29	-0.71	-0.17
Total Current Liabilities	1.0	0.46		1.0	-0.86	-0.99	1.0	0.95	0.99	0.86	0.86	0.99	0.84	-0.91	0.28	0.22	1.0	0.71	-0.09	1.0	-0.94	0.7	0.33	-0.68	0.22	0.77
Total Stockholder Equity	1.0	0.48	1.0		-0.85	-0.99	1.0	0.94	0.99	0.86	0.86	0.99	0.83	-0.9	0.31	0.24	1.0	0.69	-0.11	1.0	-0.94	0.68	0.35	-0.67	0.2	0.76
Property Plant And Equipment Net	-0.86	0.01	-0.86	-0.85		0.91	-0.85	-0.97	-0.91	-1.0	-1.0	-0.91	-0.83	0.83	0.17	-0.1	-0.86	-0.93	-0.23	-0.84	0.86	-0.92	0.12	0.95	-0.64	-0.99
Net Debt	-0.99	-0.4	-0.99	-0.99	0.91		-0.99	-0.97	-1.0	-0.91	-0.91	-1.0	-0.89	0.89	-0.17	-0.15	-0.99	-0.79	-0.01	-0.99	0.93	-0.78	-0.22	0.75	-0.28	-0.82
Retained Earnings	1.0	0.47	1.0	1.0	-0.85	-0.99		0.94	0.99	0.86	0.86	0.99	0.83	-0.91	0.3	0.23	1.0	0.69	-0.11	1.0	-0.94	0.68	0.35	-0.67	0.2	0.76
Accounts Payable	0.94	0.22	0.95	0.94	-0.97	-0.97	0.94		0.98	0.97	0.97	0.98	0.88	-0.9	-0.03	0.08	0.95	0.87	0.16	0.93	-0.93	0.87	0.02	-0.85	0.47	0.92
Cash	0.99	0.4	0.99	0.99	-0.91	-1.0	0.99	0.98		0.91	0.91	1.0	0.87	-0.92	0.17	0.15	0.99	0.78	0.02	0.99	-0.95	0.77	0.22	-0.74	0.29	0.83
Non Current Assets Total	0.86	-0.01	0.86	0.86	-1.0	-0.91	0.86	0.97	0.91		1.0	0.91	0.81	-0.84	-0.15	0.14	0.86	0.91	0.2	0.85	-0.87	0.9	-0.1	-0.94	0.65	0.99
Non Currrent Assets Other	0.86	-0.01	0.86	0.86	-1.0	-0.91	0.86	0.97	0.91	1.0		0.91	0.81	-0.84	-0.15	0.14	0.86	0.91	0.2	0.85	-0.87	0.9	-0.1	-0.94	0.65	0.99
Cash And Short Term Investments	0.99	0.4	0.99	0.99	-0.91	-1.0	0.99	0.98	1.0	0.91	0.91		0.87	-0.92	0.17	0.15	0.99	0.78	0.02	0.99	-0.95	0.77	0.22	-0.74	0.29	0.83
Net Receivables	0.84	0.35	0.84	0.83	-0.83	-0.89	0.83	0.88	0.87	0.81	0.81	0.87		-0.64	-0.06	-0.11	0.84	0.89	0.2	0.83	-0.71	0.89	-0.02	-0.75	0.18	0.75
Common Stock Shares Outstanding	-0.91	-0.36	-0.91	-0.9	0.83	0.89	-0.91	-0.9	-0.92	-0.84	-0.84	-0.92	-0.64		-0.13	-0.1	-0.91	-0.61	-0.11	-0.9	1.0	-0.62	-0.18	0.62	-0.39	-0.77
Inventory	0.29	0.6	0.28	0.31	0.17	-0.17	0.3	-0.03	0.17	-0.15	-0.15	0.17	-0.06	-0.13		0.68	0.28	-0.41	-0.91	0.32	-0.13	-0.44	1.0	0.34	-0.57	-0.26
Other Stockholder Equity	0.23	-0.12	0.22	0.24	-0.1	-0.15	0.23	0.08	0.15	0.14	0.14	0.15	-0.11	-0.1	0.68		0.22	-0.14	-0.87	0.24	-0.1	-0.21	0.68	-0.13	0.11	0.13
Total Liab	1.0	0.46	1.0	1.0	-0.86	-0.99	1.0	0.95	0.99	0.86	0.86	0.99	0.84	-0.91	0.28	0.22		0.71	-0.09	1.0	-0.94	0.7	0.33	-0.68	0.22	0.77
Net Invested Capital	0.7	-0.08	0.71	0.69	-0.93	-0.79	0.69	0.87	0.78	0.91	0.91	0.78	0.89	-0.61	-0.41	-0.14	0.71		0.43	0.68	-0.66	1.0	-0.37	-0.94	0.58	0.92
Property Plant And Equipment Gross	-0.1	-0.23	-0.09	-0.11	-0.23	-0.01	-0.11	0.16	0.02	0.2	0.2	0.02	0.2	-0.11	-0.91	-0.87	-0.09	0.43		-0.12	-0.1	0.48	-0.9	-0.26	0.39	0.25
Total Current Assets	1.0	0.48	1.0	1.0	-0.84	-0.99	1.0	0.93	0.99	0.85	0.85	0.99	0.83	-0.9	0.32	0.24	1.0	0.68	-0.12		-0.93	0.67	0.37	-0.66	0.19	0.75
Capital Stock	-0.94	-0.38	-0.94	-0.94	0.86	0.93	-0.94	-0.93	-0.95	-0.87	-0.87	-0.95	-0.71	1.0	-0.13	-0.1	-0.94	-0.66	-0.1	-0.93		-0.67	-0.18	0.66	-0.37	-0.79
Net Working Capital	0.69	-0.06	0.7	0.68	-0.92	-0.78	0.68	0.87	0.77	0.9	0.9	0.77	0.89	-0.62	-0.44	-0.21	0.7	1.0	0.48	0.67	-0.67		-0.4	-0.92	0.57	0.9
Common Stock	0.34	0.62	0.33	0.35	0.12	-0.22	0.35	0.02	0.22	-0.1	-0.1	0.22	-0.02	-0.18	1.0	0.68	0.33	-0.37	-0.9	0.37	-0.18	-0.4		0.3	-0.54	-0.22
Short Long Term Debt Total	-0.67	0.29	-0.68	-0.67	0.95	0.75	-0.67	-0.85	-0.74	-0.94	-0.94	-0.74	-0.75	0.62	0.34	-0.13	-0.68	-0.94	-0.26	-0.66	0.66	-0.92	0.3		-0.77	-0.98
Current Deferred Revenue	0.21	-0.71	0.22	0.2	-0.64	-0.28	0.2	0.47	0.29	0.65	0.65	0.29	0.18	-0.39	-0.57	0.11	0.22	0.58	0.39	0.19	-0.37	0.57	-0.54	-0.77		0.76
Other Assets	0.77	-0.17	0.77	0.76	-0.99	-0.82	0.76	0.92	0.83	0.99	0.99	0.83	0.75	-0.77	-0.26	0.13	0.77	0.92	0.25	0.75	-0.79	0.9	-0.22	-0.98	0.76

Click cells to compare fundamentals

Raytech Holding Account Relationship Matchups

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Raytech Stock Analysis

When running Raytech Holding's price analysis, check to measure Raytech Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.

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

Raytech Capital Stock vs Short Term Investments Analysis

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

Correlation Coefficient

Capital Stock

Short Term Investments

Raytech Holding fundamental ratios Correlations

Raytech Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Raytech Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Current Liabilities

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Non Currrent Assets Other	- 1.0	Property Plant And Equipment Net
Non Current Assets Total	- 1.0	Property Plant And Equipment Net
Total Current Assets	- 0.99	Net Debt
Total Liab	- 0.99	Net Debt