Richelieu Net Debt vs Total Cash From Operating Activities Analysis

RCH Stock

CAD 41.08 0.42 1.03%

Richelieu Hardware financial indicator trend analysis is much more than just breaking down Richelieu Hardware prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richelieu Hardware is a good investment. Please check the relationship between Richelieu Hardware Net Debt and its Total Cash From Operating Activities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richelieu Hardware. 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.

Net Debt vs Total Cash From Operating Activities

Net Debt vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richelieu Hardware Net Debt account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Richelieu Hardware's Net Debt and Total Cash From Operating Activities is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Richelieu Hardware, assuming nothing else is changed. The correlation between historical values of Richelieu Hardware's Net Debt and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Richelieu Hardware are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Net Debt i.e., Richelieu Hardware's Net Debt and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Cash From Operating Activities

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

As of the 29th of November 2024, Enterprise Value is likely to grow to about 526.5 M, while Tax Provision is likely to drop about 37.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	507.3M	230.4M	265.0M	139.0M
Total Revenue	1.8B	1.8B	2.1B	2.2B

Gross Profit Total Revenue

Richelieu Hardware 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	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Cash	Cash And Short Term Investments	Good Will	Current Deferred Revenue
Total Assets		0.95	0.69	0.96	0.99	0.97	0.9	0.99	0.99	0.99	-0.28	0.99	-0.73	0.96	0.99	0.95	0.4	0.98	0.97	1.0	0.78	0.99	0.27	0.27	0.85	-0.86
Short Long Term Debt Total	0.95		0.68	0.96	0.92	0.94	0.98	0.92	0.92	0.95	-0.34	0.9	-0.53	0.95	0.96	0.92	0.57	0.98	0.96	0.95	0.89	0.96	0.17	0.17	0.83	-0.86
Other Current Liab	0.69	0.68		0.76	0.64	0.66	0.65	0.65	0.67	0.68	-0.65	0.68	-0.39	0.69	0.67	0.56	0.39	0.75	0.73	0.69	0.6	0.71	0.39	0.39	0.66	-0.8
Total Current Liabilities	0.96	0.96	0.76		0.93	0.9	0.94	0.93	0.94	0.93	-0.48	0.93	-0.64	0.9	0.98	0.88	0.46	0.98	0.92	0.97	0.91	0.95	0.2	0.2	0.85	-0.88
Total Stockholder Equity	0.99	0.92	0.64	0.93		0.96	0.86	1.0	1.0	0.98	-0.21	0.99	-0.77	0.94	0.98	0.96	0.34	0.96	0.95	0.99	0.73	0.98	0.28	0.28	0.84	-0.82
Property Plant And Equipment Net	0.97	0.94	0.66	0.9	0.96		0.9	0.96	0.95	0.99	-0.22	0.94	-0.6	1.0	0.94	0.94	0.48	0.97	0.99	0.95	0.72	0.97	0.31	0.31	0.81	-0.85
Net Debt	0.9	0.98	0.65	0.94	0.86	0.9		0.86	0.86	0.9	-0.35	0.84	-0.42	0.91	0.93	0.85	0.6	0.95	0.93	0.9	0.93	0.92	0.02	0.02	0.8	-0.8
Retained Earnings	0.99	0.92	0.65	0.93	1.0	0.96	0.86		1.0	0.99	-0.22	0.99	-0.77	0.94	0.98	0.96	0.34	0.96	0.95	0.99	0.73	0.98	0.28	0.28	0.84	-0.82
Accounts Payable	0.99	0.92	0.67	0.94	1.0	0.95	0.86	1.0		0.98	-0.27	0.99	-0.78	0.93	0.98	0.96	0.36	0.96	0.95	0.99	0.74	0.98	0.31	0.31	0.85	-0.85
Non Current Assets Total	0.99	0.95	0.68	0.93	0.98	0.99	0.9	0.99	0.98		-0.24	0.97	-0.67	0.98	0.97	0.96	0.43	0.98	0.99	0.98	0.74	0.99	0.3	0.3	0.84	-0.86
Non Currrent Assets Other	-0.28	-0.34	-0.65	-0.48	-0.21	-0.22	-0.35	-0.22	-0.27	-0.24		-0.26	0.13	-0.26	-0.3	-0.1	-0.31	-0.39	-0.27	-0.3	-0.53	-0.29	-0.36	-0.36	-0.35	0.62
Net Receivables	0.99	0.9	0.68	0.93	0.99	0.94	0.84	0.99	0.99	0.97	-0.26		-0.8	0.91	0.97	0.95	0.33	0.95	0.93	0.99	0.72	0.97	0.28	0.28	0.85	-0.83
Common Stock Shares Outstanding	-0.73	-0.53	-0.39	-0.64	-0.77	-0.6	-0.42	-0.77	-0.78	-0.67	0.13	-0.8		-0.55	-0.71	-0.66	0.21	-0.62	-0.57	-0.75	-0.39	-0.64	-0.4	-0.4	-0.61	0.52
Non Current Liabilities Total	0.96	0.95	0.69	0.9	0.94	1.0	0.91	0.94	0.93	0.98	-0.26	0.91	-0.55		0.93	0.92	0.51	0.97	0.99	0.94	0.73	0.96	0.32	0.32	0.81	-0.87
Inventory	0.99	0.96	0.67	0.98	0.98	0.94	0.93	0.98	0.98	0.97	-0.3	0.97	-0.71	0.93		0.94	0.41	0.98	0.95	0.99	0.85	0.98	0.17	0.17	0.86	-0.83
Other Current Assets	0.95	0.92	0.56	0.88	0.96	0.94	0.85	0.96	0.96	0.96	-0.1	0.95	-0.66	0.92	0.94		0.48	0.92	0.92	0.95	0.69	0.97	0.19	0.19	0.82	-0.78
Other Stockholder Equity	0.4	0.57	0.39	0.46	0.34	0.48	0.6	0.34	0.36	0.43	-0.31	0.33	0.21	0.51	0.41	0.48		0.5	0.5	0.37	0.51	0.51	-0.03	-0.03	0.58	-0.58
Total Liab	0.98	0.98	0.75	0.98	0.96	0.97	0.95	0.96	0.96	0.98	-0.39	0.95	-0.62	0.97	0.98	0.92	0.5		0.98	0.98	0.86	0.98	0.26	0.26	0.86	-0.9
Property Plant And Equipment Gross	0.97	0.96	0.73	0.92	0.95	0.99	0.93	0.95	0.95	0.99	-0.27	0.93	-0.57	0.99	0.95	0.92	0.5	0.98		0.95	0.76	0.98	0.27	0.27	0.83	-0.86
Total Current Assets	1.0	0.95	0.69	0.97	0.99	0.95	0.9	0.99	0.99	0.98	-0.3	0.99	-0.75	0.94	0.99	0.95	0.37	0.98	0.95		0.8	0.98	0.25	0.25	0.86	-0.85
Short Term Debt	0.78	0.89	0.6	0.91	0.73	0.72	0.93	0.73	0.74	0.74	-0.53	0.72	-0.39	0.73	0.85	0.69	0.51	0.86	0.76	0.8		0.79	-0.05	-0.05	0.72	-0.72
Intangible Assets	0.99	0.96	0.71	0.95	0.98	0.97	0.92	0.98	0.98	0.99	-0.29	0.97	-0.64	0.96	0.98	0.97	0.51	0.98	0.98	0.98	0.79		0.23	0.23	0.86	-0.88
Cash	0.27	0.17	0.39	0.2	0.28	0.31	0.02	0.28	0.31	0.3	-0.36	0.28	-0.4	0.32	0.17	0.19	-0.03	0.26	0.27	0.25	-0.05	0.23		1.0	0.3	-0.5
Cash And Short Term Investments	0.27	0.17	0.39	0.2	0.28	0.31	0.02	0.28	0.31	0.3	-0.36	0.28	-0.4	0.32	0.17	0.19	-0.03	0.26	0.27	0.25	-0.05	0.23	1.0		0.3	-0.5
Good Will	0.85	0.83	0.66	0.85	0.84	0.81	0.8	0.84	0.85	0.84	-0.35	0.85	-0.61	0.81	0.86	0.82	0.58	0.86	0.83	0.86	0.72	0.86	0.3	0.3		-0.83
Current Deferred Revenue	-0.86	-0.86	-0.8	-0.88	-0.82	-0.85	-0.8	-0.82	-0.85	-0.86	0.62	-0.83	0.52	-0.87	-0.83	-0.78	-0.58	-0.9	-0.86	-0.85	-0.72	-0.88	-0.5	-0.5	-0.83

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Richelieu Hardware Account Relationship Matchups

Richelieu Hardware fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	771.1M	964.2M	1.3B	1.3B	1.5B	1.6B
Short Long Term Debt Total	83.7M	99.5M	264.1M	209.3M	240.7M	252.7M
Other Current Liab	11.1M	34.3M	24.1M	16.7M	19.2M	20.1M
Total Current Liabilities	145.3M	202.8M	348.2M	237.7M	273.4M	287.0M
Total Stockholder Equity	551.1M	666.4M	817.2M	904.9M	1.0B	1.1B
Property Plant And Equipment Net	114.0M	133.3M	171.0M	245.2M	282.0M	296.1M
Net Debt	9.8M	40.8M	242.9M	163.0M	187.4M	196.8M
Retained Earnings	480.8M	590.5M	719.2M	795.0M	914.2M	959.9M
Accounts Payable	109.1M	120.7M	145.8M	153.1M	176.1M	184.9M
Non Current Assets Total	248.4M	305.0M	373.1M	455.5M	523.8M	550.0M
Non Currrent Assets Other	(241.4M)	(297.9M)	(365.1M)	5K	4.5K	4.7K
Net Receivables	156.9M	199.6M	222.2M	231.9M	266.7M	280.0M
Common Stock Shares Outstanding	56.6M	56.5M	56.3M	56.2M	50.6M	52.0M
Liabilities And Stockholders Equity	771.1M	964.2M	1.3B	1.3B	1.5B	1.6B
Non Current Liabilities Total	71.3M	92.4M	115.8M	169.1M	194.5M	204.2M
Inventory	287.3M	395.5M	660.2M	572.4M	658.2M	691.1M
Other Current Assets	4.5M	5.4M	7.1M	8.9M	10.2M	10.8M
Other Stockholder Equity	6.3M	7.0M	8.4M	9.0M	8.1M	4.2M
Total Liab	216.6M	295.2M	464.0M	406.8M	467.8M	491.2M
Property Plant And Equipment Gross	114.0M	247.3M	299.2M	373.5M	429.5M	451.0M
Total Current Assets	522.7M	659.2M	910.8M	859.5M	988.4M	1.0B
Accumulated Other Comprehensive Income	15.5M	14.3M	27.7M	28.6M	32.9M	34.5M
Short Term Debt	21.1M	26.5M	167.6M	63.5M	73.1M	76.7M
Intangible Assets	42.2M	53.9M	66.6M	67.8M	78.0M	81.9M
Cash	73.9M	58.7M	21.2M	46.3M	53.3M	34.8M
Cash And Short Term Investments	73.9M	58.7M	21.2M	46.3M	53.3M	34.8M
Good Will	85.2M	110.8M	127.5M	135.1M	155.4M	80.4M
Common Stock	48.5M	54.6M	61.8M	72.3M	83.1M	46.6M
Short Long Term Debt	3.6M	5.3M	138.4M	25.6M	29.4M	19.6M
Other Liab	7.4M	8.7M	19.5M	19.3M	22.1M	23.3M
Net Tangible Assets	382.8M	423.7M	501.8M	623.1M	716.6M	422.8M
Other Assets	6.3M	6.9M	7.1M	8.0M	9.2M	6.7M
Long Term Debt	2.2M	1.1M	859K	2.4M	2.8M	2.9M
Property Plant Equipment	105.0M	114.0M	133.3M	171.0M	196.7M	206.5M
Long Term Debt Total	53.3M	62.7M	73.0M	96.6M	111.0M	116.6M
Capital Surpluse	5.7M	6.3M	7.0M	8.4M	9.7M	5.0M
Non Current Liabilities Other	1.8M	9.6M	9.2M	12.2M	14.0M	14.7M
Cash And Equivalents	24.7M	73.9M	58.7M	21.2M	24.4M	40.6M

Pair Trading with Richelieu Hardware

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Richelieu Hardware position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Richelieu Hardware will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Richelieu Hardware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richelieu Hardware when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Richelieu Hardware - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Richelieu Hardware to buy it.

The correlation of Richelieu Hardware is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Richelieu Hardware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richelieu Hardware moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Richelieu Hardware can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Richelieu Stock

Balance Sheet is a snapshot of the financial position of Richelieu Hardware at a specified time, usually calculated after every quarter, six months, or one year. Richelieu Hardware Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Richelieu Hardware and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Richelieu currently owns. An asset can also be divided into two categories, current and non-current.

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Richelieu Net Debt vs Total Cash From Operating Activities Analysis

Net Debt vs Total Cash From Operating Activities

Net Debt vs Total Cash From Operating Activities Correlation Analysis

Correlation Coefficient

Net Debt

Total Cash From Operating Activities

Richelieu Hardware fundamental ratios Correlations

Richelieu Hardware Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Richelieu Hardware fundamental ratios Accounts

Pair Trading with Richelieu Hardware

Other Information on Investing in Richelieu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Accounts Payable	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Accounts Payable	+ 1.0	Retained Earnings
Cash And Short Term Investments	+ 1.0	Cash

Current Deferred Revenue	- 0.9	Total Liab
Current Deferred Revenue	- 0.88	Intangible Assets
Current Deferred Revenue	- 0.88	Total Current Liabilities
Current Deferred Revenue	- 0.87	Non Current Liabilities Total
Current Deferred Revenue	- 0.86	Property Plant And Equipment Gross
Current Deferred Revenue	- 0.86	Non Current Assets Total