Recce Change To Account Receivables vs Sale Purchase Of Stock Analysis
RCE Stock | 0.44 0.02 4.35% |
Recce financial indicator trend analysis is much more than just breaking down Recce prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Recce is a good investment. Please check the relationship between Recce Change To Account Receivables and its Sale Purchase Of Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Change To Account Receivables vs Sale Purchase Of Stock
Change To Account Receivables vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Recce Change To Account Receivables account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Recce's Change To Account Receivables and Sale Purchase Of Stock is -0.13. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Recce, assuming nothing else is changed. The correlation between historical values of Recce's Change To Account Receivables and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Recce are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change To Account Receivables i.e., Recce's Change To Account Receivables and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Account Receivables
Sale Purchase Of Stock
Most indicators from Recce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Recce 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 Recce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 7.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 187.7K | 217.2K | 366.8K | 385.1K | Cost Of Revenue | 187.7K | 217.2K | 366.8K | 385.1K |
Recce fundamental ratios Correlations
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Recce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Recce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2M | 21.7M | 12.6M | 2.6M | 6.4M | 5.0M | |
Total Stockholder Equity | 2.3M | 20.5M | 10.1M | (2.6M) | (9.5M) | (9.0M) | |
Cash | 2.7M | 20.9M | 11.6M | 1.6M | 4.4M | 4.4M | |
Common Stock | 18.5M | 43.3M | 44.0M | 44.1M | 54.8M | 57.6M | |
Property Plant Equipment | 504.7K | 500.6K | 438.7K | 608.4K | 699.7K | 734.7K | |
Other Current Liab | 642.5K | 478.3K | 1.9M | 3.8M | 10.9M | 11.4M | |
Total Current Liabilities | 885.2K | 1.1M | 2.4M | 4.8M | 15.1M | 15.8M | |
Property Plant And Equipment Net | 504.7K | 500.6K | 438.8K | 608.4K | 1.2M | 1.3M | |
Net Debt | (2.6M) | (20.7M) | (11.5M) | (1.3M) | (3.6M) | (3.8M) | |
Retained Earnings | (18.0M) | (31.5M) | (42.5M) | (55.5M) | (70.1M) | (66.6M) | |
Accounts Payable | 159.5K | 487.3K | 481.4K | 948.9K | 4.0M | 4.2M | |
Non Current Assets Total | 504.7K | 500.6K | 438.8K | 608.4K | 1.2M | 1.3M | |
Non Currrent Assets Other | (92.0) | (55.0) | (34.0) | (21.0) | 1.0 | 1.05 | |
Cash And Short Term Investments | 2.7M | 20.9M | 11.6M | 1.6M | 4.4M | 4.8M | |
Net Receivables | 41.4K | 245.5K | 582.7K | 90.7K | 159.4K | 118.5K | |
Liabilities And Stockholders Equity | 3.2M | 21.7M | 12.6M | 2.6M | 6.4M | 5.4M | |
Other Current Assets | 15.8K | 62.4K | 20.1K | 295.2K | 561.9K | 590.0K | |
Other Stockholder Equity | (508.1K) | (11.8M) | (1.5M) | 8.8M | 8.0M | 8.3M | |
Total Liab | 931.5K | 1.2M | 2.6M | 5.1M | 15.9M | 16.7M | |
Total Current Assets | 2.7M | 21.2M | 12.2M | 1.9M | 5.1M | 5.0M | |
Other Liab | 46.3K | 85.2K | 115.3K | 192.1K | 221.0K | 232.0K | |
Net Tangible Assets | 2.3M | 20.5M | 10.1M | (2.6M) | (3.0M) | (2.8M) | |
Common Stock Shares Outstanding | 128.5M | 157.0M | 175.9M | 175.7M | 177.1M | 128.0M | |
Non Current Liabilities Total | 46.3K | 99.6K | 115.3K | 294.8K | 823.7K | 864.8K | |
Property Plant And Equipment Gross | 504.7K | 1.0M | 953.7K | 1.2M | 2.0M | 2.1M | |
Accumulated Other Comprehensive Income | 1.8M | 8.7M | 8.6M | 8.8M | 5.7M | 4.8M | |
Intangible Assets | 92.0 | 55.0 | 33.0 | 20.0 | 18.0 | 17.1 | |
Short Long Term Debt Total | 83.2K | 126.9K | 74.8K | 250.6K | 811.2K | 851.8K | |
Current Deferred Revenue | (83.2K) | (112.6K) | (74.8K) | (147.9K) | (170.1K) | (178.6K) | |
Short Term Debt | 83.2K | 112.6K | 74.8K | 147.9K | 224.1K | 189.6K | |
Net Invested Capital | 2.3M | 20.5M | 10.1M | (2.6M) | (9.5M) | (9.0M) | |
Net Working Capital | 1.9M | 20.1M | 9.7M | (2.9M) | (9.9M) | (9.4M) | |
Capital Stock | 18.5M | 43.3M | 44.0M | 44.1M | 54.8M | 39.6M |
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