Recce Ebit vs Net Income From Continuing Ops 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 Ebit and its Net Income From Continuing Ops 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.

Ebit vs Net Income From Continuing Ops

Ebit vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Recce Ebit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.

The correlation between Recce's Ebit and Net Income From Continuing Ops is 0.99. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Recce, assuming nothing else is changed. The correlation between historical values of Recce's Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Recce are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Recce's Ebit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Net Income From Continuing Ops

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

Depreciation And Amortization Cost Of Revenue

Recce fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Cash	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Property Plant And Equipment Gross
Total Assets		0.71	1.0	0.61	0.39	0.14	0.15	0.3	-0.99	-0.42	0.16	0.3	0.34	1.0	0.72	0.13	-0.56	0.15	1.0	0.34	0.87	0.6	0.6	0.16	0.59	0.41
Total Stockholder Equity	0.71		0.75	-0.07	-0.19	-0.59	-0.59	-0.41	-0.78	0.28	-0.57	-0.41	0.09	0.74	0.43	-0.6	-0.91	-0.59	0.73	-0.36	0.93	0.13	0.08	-0.58	0.0	-0.32
Cash	1.0	0.75		0.56	0.33	0.08	0.09	0.23	-1.0	-0.36	0.11	0.23	0.34	1.0	0.7	0.07	-0.61	0.09	1.0	0.28	0.9	0.54	0.54	0.1	0.54	0.35
Common Stock	0.61	-0.07	0.56		0.87	0.8	0.79	0.88	-0.53	-0.97	0.76	0.88	0.34	0.56	0.64	0.79	0.27	0.79	0.59	0.95	0.21	0.82	0.91	0.8	0.91	0.95
Property Plant Equipment	0.39	-0.19	0.33	0.87		0.72	0.72	0.92	-0.3	-0.88	0.67	0.92	-0.05	0.34	0.42	0.72	0.34	0.72	0.36	0.87	0.05	0.82	0.89	0.73	0.78	0.89
Other Current Liab	0.14	-0.59	0.08	0.8	0.72		1.0	0.92	-0.04	-0.88	0.99	0.92	0.28	0.09	0.23	0.98	0.64	1.0	0.12	0.9	-0.31	0.47	0.57	0.99	0.67	0.93
Total Current Liabilities	0.15	-0.59	0.09	0.79	0.72	1.0		0.92	-0.05	-0.88	0.99	0.92	0.27	0.1	0.22	0.98	0.63	1.0	0.12	0.9	-0.31	0.46	0.56	0.99	0.66	0.93
Property Plant And Equipment Net	0.3	-0.41	0.23	0.88	0.92	0.92	0.92		-0.19	-0.92	0.9	1.0	0.08	0.24	0.32	0.9	0.49	0.92	0.27	0.93	-0.12	0.68	0.76	0.92	0.76	0.97
Net Debt	-0.99	-0.78	-1.0	-0.53	-0.3	-0.04	-0.05	-0.19		0.33	-0.07	-0.19	-0.35	-1.0	-0.69	-0.03	0.64	-0.05	-1.0	-0.24	-0.91	-0.52	-0.52	-0.06	-0.52	-0.31
Retained Earnings	-0.42	0.28	-0.36	-0.97	-0.88	-0.88	-0.88	-0.92	0.33		-0.84	-0.92	-0.31	-0.37	-0.52	-0.88	-0.47	-0.88	-0.4	-0.99	0.02	-0.77	-0.87	-0.88	-0.87	-0.98
Accounts Payable	0.16	-0.57	0.11	0.76	0.67	0.99	0.99	0.9	-0.07	-0.84		0.9	0.29	0.12	0.19	0.97	0.58	0.99	0.14	0.86	-0.29	0.41	0.51	0.99	0.64	0.91
Non Current Assets Total	0.3	-0.41	0.23	0.88	0.92	0.92	0.92	1.0	-0.19	-0.92	0.9		0.08	0.24	0.32	0.9	0.49	0.92	0.27	0.93	-0.12	0.68	0.76	0.92	0.76	0.97
Non Currrent Assets Other	0.34	0.09	0.34	0.34	-0.05	0.28	0.27	0.08	-0.35	-0.31	0.29	0.08		0.34	0.26	0.28	-0.03	0.27	0.35	0.27	0.16	0.24	0.17	0.24	0.56	0.25
Cash And Short Term Investments	1.0	0.74	1.0	0.56	0.34	0.09	0.1	0.24	-1.0	-0.37	0.12	0.24	0.34		0.7	0.08	-0.6	0.1	1.0	0.29	0.89	0.54	0.55	0.11	0.54	0.36
Net Receivables	0.72	0.43	0.7	0.64	0.42	0.23	0.22	0.32	-0.69	-0.52	0.19	0.32	0.26	0.7		0.15	-0.21	0.22	0.71	0.44	0.58	0.62	0.69	0.21	0.58	0.45
Other Current Assets	0.13	-0.6	0.07	0.79	0.72	0.98	0.98	0.9	-0.03	-0.88	0.97	0.9	0.28	0.08	0.15		0.66	0.98	0.1	0.91	-0.33	0.46	0.57	0.99	0.66	0.92
Other Stockholder Equity	-0.56	-0.91	-0.61	0.27	0.34	0.64	0.63	0.49	0.64	-0.47	0.58	0.49	-0.03	-0.6	-0.21	0.66		0.63	-0.58	0.54	-0.85	0.05	0.16	0.62	0.14	0.44
Total Liab	0.15	-0.59	0.09	0.79	0.72	1.0	1.0	0.92	-0.05	-0.88	0.99	0.92	0.27	0.1	0.22	0.98	0.63		0.12	0.9	-0.31	0.46	0.56	0.99	0.66	0.93
Total Current Assets	1.0	0.73	1.0	0.59	0.36	0.12	0.12	0.27	-1.0	-0.4	0.14	0.27	0.35	1.0	0.71	0.1	-0.58	0.12		0.31	0.88	0.56	0.57	0.13	0.56	0.39
Other Liab	0.34	-0.36	0.28	0.95	0.87	0.9	0.9	0.93	-0.24	-0.99	0.86	0.93	0.27	0.29	0.44	0.91	0.54	0.9	0.31		-0.1	0.72	0.83	0.9	0.83	0.98
Net Tangible Assets	0.87	0.93	0.9	0.21	0.05	-0.31	-0.31	-0.12	-0.91	0.02	-0.29	-0.12	0.16	0.89	0.58	-0.33	-0.85	-0.31	0.88	-0.1		0.33	0.3	-0.3	0.24	-0.03
Common Stock Total Equity	0.6	0.13	0.54	0.82	0.82	0.47	0.46	0.68	-0.52	-0.77	0.41	0.68	0.24	0.54	0.62	0.46	0.05	0.46	0.56	0.72	0.33		0.96	0.46	0.86	0.71
Common Stock Shares Outstanding	0.6	0.08	0.54	0.91	0.89	0.57	0.56	0.76	-0.52	-0.87	0.51	0.76	0.17	0.55	0.69	0.57	0.16	0.56	0.57	0.83	0.3	0.96		0.57	0.86	0.81
Non Current Liabilities Total	0.16	-0.58	0.1	0.8	0.73	0.99	0.99	0.92	-0.06	-0.88	0.99	0.92	0.24	0.11	0.21	0.99	0.62	0.99	0.13	0.9	-0.3	0.46	0.57		0.65	0.93
Inventory	0.59	0.0	0.54	0.91	0.78	0.67	0.66	0.76	-0.52	-0.87	0.64	0.76	0.56	0.54	0.58	0.66	0.14	0.66	0.56	0.83	0.24	0.86	0.86	0.65		0.84
Property Plant And Equipment Gross	0.41	-0.32	0.35	0.95	0.89	0.93	0.93	0.97	-0.31	-0.98	0.91	0.97	0.25	0.36	0.45	0.92	0.44	0.93	0.39	0.98	-0.03	0.71	0.81	0.93	0.84

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Recce Account Relationship Matchups

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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