Recon Total Current Assets vs Total Cash From Operating Activities Analysis

RCON Stock

USD 2.44 0.13 5.63%

Recon Technology financial indicator trend analysis is much more than just breaking down Recon Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Recon Technology is a good investment. Please check the relationship between Recon Technology Total Current Assets 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 Recon Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.

Total Current Assets vs Total Cash From Operating Activities

Total Current Assets 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 Recon Technology Total Current Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.

The correlation between Recon Technology's Total Current Assets and Total Cash From Operating Activities is -0.78. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Recon Technology, assuming nothing else is changed. The correlation between historical values of Recon Technology's Total Current Assets 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 Total Current Assets of Recon Technology 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 Total Current Assets i.e., Recon Technology's Total Current Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Cash From Operating Activities

Most indicators from Recon Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Recon Technology 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 Recon Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.At this time, Recon Technology's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.97, while Selling General Administrative is likely to drop about 35.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.5M	2.5M	1.1M	1.1M
Depreciation And Amortization	6.5M	6.9M	21.3M	22.3M

Interest Expense Depreciation And Amortization

Recon Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	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	Common Stock	Property Plant Equipment
Total Assets		0.81	0.2	0.61	0.96	0.84	0.3	-0.73	-0.71	0.22	0.74	0.57	0.94	0.67	0.87	0.44	-0.24	-0.41	0.75	-0.26	0.6	0.89	1.0	0.77	0.6	0.86
Short Long Term Debt Total	0.81		0.01	0.77	0.71	0.74	0.34	-0.67	-0.74	0.44	0.73	0.78	0.8	0.39	0.81	0.39	-0.3	-0.49	0.74	-0.19	0.69	0.75	0.78	0.91	0.62	0.83
Other Current Liab	0.2	0.01		0.1	0.16	-0.2	0.28	-0.23	0.21	-0.23	0.21	-0.14	0.29	-0.05	-0.17	-0.47	-0.05	0.23	0.34	0.01	0.27	-0.1	0.24	0.18	0.35	-0.14
Total Current Liabilities	0.61	0.77	0.1		0.46	0.47	0.7	-0.56	-0.41	0.77	0.6	0.66	0.62	0.19	0.54	0.13	-0.32	-0.31	0.62	-0.1	0.77	0.43	0.58	0.82	0.55	0.58
Total Stockholder Equity	0.96	0.71	0.16	0.46		0.85	0.11	-0.6	-0.67	0.07	0.6	0.43	0.86	0.76	0.85	0.53	-0.23	-0.39	0.72	-0.29	0.37	0.91	0.97	0.68	0.52	0.82
Property Plant And Equipment Net	0.84	0.74	-0.2	0.47	0.85		-0.03	-0.48	-0.89	0.28	0.49	0.69	0.69	0.74	0.97	0.83	-0.24	-0.66	0.49	-0.18	0.36	0.98	0.8	0.55	0.33	0.97
Current Deferred Revenue	0.3	0.34	0.28	0.7	0.11	-0.03		-0.45	0.07	0.44	0.45	0.34	0.35	-0.03	0.07	-0.33	-0.16	0.28	0.32	0.1	0.73	-0.03	0.29	0.44	0.25	0.08
Net Debt	-0.73	-0.67	-0.23	-0.56	-0.6	-0.48	-0.45		0.44	-0.38	-1.0	-0.59	-0.88	-0.13	-0.59	0.05	0.14	0.28	-0.5	0.61	-0.77	-0.53	-0.71	-0.59	-0.66	-0.6
Retained Earnings	-0.71	-0.74	0.21	-0.41	-0.67	-0.89	0.07	0.44		-0.25	-0.46	-0.72	-0.62	-0.54	-0.92	-0.74	0.02	0.78	-0.43	-0.01	-0.46	-0.88	-0.67	-0.53	-0.37	-0.93
Accounts Payable	0.22	0.44	-0.23	0.77	0.07	0.28	0.44	-0.38	-0.25		0.39	0.53	0.27	-0.03	0.31	0.1	-0.26	-0.41	0.1	-0.16	0.56	0.2	0.17	0.38	0.21	0.37
Cash	0.74	0.73	0.21	0.6	0.6	0.49	0.45	-1.0	-0.46	0.39		0.62	0.89	0.12	0.61	-0.04	-0.15	-0.3	0.54	-0.59	0.78	0.54	0.72	0.64	0.69	0.62
Non Current Assets Total	0.57	0.78	-0.14	0.66	0.43	0.69	0.34	-0.59	-0.72	0.53	0.62		0.55	0.23	0.73	0.48	-0.28	-0.46	0.36	-0.16	0.68	0.62	0.49	0.55	0.4	0.8
Cash And Short Term Investments	0.94	0.8	0.29	0.62	0.86	0.69	0.35	-0.88	-0.62	0.27	0.89	0.55		0.4	0.79	0.18	-0.19	-0.37	0.79	-0.43	0.7	0.76	0.94	0.78	0.78	0.77
Net Receivables	0.67	0.39	-0.05	0.19	0.76	0.74	-0.03	-0.13	-0.54	-0.03	0.12	0.23	0.4		0.61	0.73	-0.17	-0.36	0.23	0.12	0.08	0.75	0.68	0.3	-0.14	0.58
Common Stock Total Equity	0.87	0.81	-0.17	0.54	0.85	0.97	0.07	-0.59	-0.92	0.31	0.61	0.73	0.79	0.61		0.72	-0.17	-0.65	0.61	-0.23	0.48	0.97	0.84	0.66	0.51	0.99
Common Stock Shares Outstanding	0.44	0.39	-0.47	0.13	0.53	0.83	-0.33	0.05	-0.74	0.1	-0.04	0.48	0.18	0.73	0.72		-0.14	-0.59	0.11	0.1	-0.08	0.76	0.4	0.18	-0.12	0.72
Non Current Liabilities Total	-0.24	-0.3	-0.05	-0.32	-0.23	-0.24	-0.16	0.14	0.02	-0.26	-0.15	-0.28	-0.19	-0.17	-0.17	-0.14		-0.19	-0.26	0.06	-0.15	-0.24	-0.22	-0.26	-0.11	-0.24
Inventory	-0.41	-0.49	0.23	-0.31	-0.39	-0.66	0.28	0.28	0.78	-0.41	-0.3	-0.46	-0.37	-0.36	-0.65	-0.59	-0.19		-0.12	0.1	-0.26	-0.62	-0.38	-0.31	-0.18	-0.66
Other Current Assets	0.75	0.74	0.34	0.62	0.72	0.49	0.32	-0.5	-0.43	0.1	0.54	0.36	0.79	0.23	0.61	0.11	-0.26	-0.12		-0.18	0.46	0.56	0.77	0.88	0.85	0.59
Other Stockholder Equity	-0.26	-0.19	0.01	-0.1	-0.29	-0.18	0.1	0.61	-0.01	-0.16	-0.59	-0.16	-0.43	0.12	-0.23	0.1	0.06	0.1	-0.18		-0.02	-0.2	-0.26	-0.15	-0.44	-0.21
Total Liab	0.6	0.69	0.27	0.77	0.37	0.36	0.73	-0.77	-0.46	0.56	0.78	0.68	0.7	0.08	0.48	-0.08	-0.15	-0.26	0.46	-0.02		0.37	0.56	0.64	0.53	0.52
Property Plant And Equipment Gross	0.89	0.75	-0.1	0.43	0.91	0.98	-0.03	-0.53	-0.88	0.2	0.54	0.62	0.76	0.75	0.97	0.76	-0.24	-0.62	0.56	-0.2	0.37		0.87	0.58	0.4	0.95
Total Current Assets	1.0	0.78	0.24	0.58	0.97	0.8	0.29	-0.71	-0.67	0.17	0.72	0.49	0.94	0.68	0.84	0.4	-0.22	-0.38	0.77	-0.26	0.56	0.87		0.76	0.6	0.81
Short Term Debt	0.77	0.91	0.18	0.82	0.68	0.55	0.44	-0.59	-0.53	0.38	0.64	0.55	0.78	0.3	0.66	0.18	-0.26	-0.31	0.88	-0.15	0.64	0.58	0.76		0.74	0.66
Common Stock	0.6	0.62	0.35	0.55	0.52	0.33	0.25	-0.66	-0.37	0.21	0.69	0.4	0.78	-0.14	0.51	-0.12	-0.11	-0.18	0.85	-0.44	0.53	0.4	0.6	0.74		0.51
Property Plant Equipment	0.86	0.83	-0.14	0.58	0.82	0.97	0.08	-0.6	-0.93	0.37	0.62	0.8	0.77	0.58	0.99	0.72	-0.24	-0.66	0.59	-0.21	0.52	0.95	0.81	0.66	0.51

Click cells to compare fundamentals

Recon Technology Account Relationship Matchups

Recon Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	194.4M	566.5M	490.2M	531.8M	552.4M	580.0M
Short Long Term Debt Total	30.7M	42.6M	31.6M	35.6M	40.1M	21.3M
Other Current Liab	(7.6M)	17.2M	10.6M	20.2M	8.3M	9.3M
Total Current Liabilities	65.2M	76.5M	52.9M	61.0M	47.5M	49.9M
Total Stockholder Equity	110.0M	295.1M	420.6M	449.2M	502.6M	527.7M
Property Plant And Equipment Net	32.3M	27.1M	31.2M	27.4M	45.9M	48.2M
Current Deferred Revenue	3.5M	7.7M	2.0M	2.7M	1.8M	2.3M
Net Debt	379.9K	(301.4M)	(285.4M)	(68.6M)	(69.9M)	(66.4M)
Retained Earnings	(184.0M)	(206.9M)	(111.3M)	(170.4M)	(220.3M)	(209.3M)
Accounts Payable	23.0M	22.0M	16.7M	10.8M	10.2M	14.6M
Cash	30.3M	344.0M	317.0M	104.1M	110.0M	63.3M
Non Current Assets Total	65.1M	78.0M	44.6M	27.4M	45.9M	26.3M
Cash And Short Term Investments	30.3M	344.0M	317.0M	288.3M	198.1M	208.0M
Net Receivables	65.0M	81.8M	67.3M	80.8M	252.5M	265.2M
Common Stock Shares Outstanding	4.6M	705.4K	1.7M	1.9M	5.0M	5.3M
Liabilities And Stockholders Equity	194.4M	566.5M	490.2M	531.8M	552.4M	580.0M
Non Current Liabilities Total	8.6M	202.5M	24.5M	31.6M	14.0M	13.3M
Inventory	2.0M	3.6M	3.9M	6.3M	1.1M	1.1M
Other Current Assets	31.9M	59.1M	57.5M	129.0M	54.7M	32.0M
Other Stockholder Equity	282.5M	479.5M	(19.9B)	551.1M	681.5M	715.6M
Total Liab	73.8M	279.0M	77.4M	92.7M	61.5M	69.4M
Property Plant And Equipment Gross	32.3M	37.0M	43.5M	42.6M	62.4M	65.5M
Total Current Assets	129.3M	488.5M	445.6M	504.4M	506.5M	531.8M
Short Term Debt	22.1M	31.4M	23.9M	35.5M	26.2M	17.6M
Common Stock	4.6M	16.3M	20.4M	29.3M	104.3K	99.1K
Accumulated Other Comprehensive Income	7.0M	6.1M	15.5M	39.3M	41.3M	43.3M
Property Plant Equipment	25.2M	32.3M	35.1M	31.2M	35.8M	37.6M
Non Currrent Assets Other	1.6M	3.6K	8.0M	1.6M	3.3K	3.1K
Other Assets	1.6M	3.6K	114.7K	1.6M	1.8M	1.1M
Long Term Debt	7.4M	6.5M	5.5M	10M	11.5M	12.1M
Intangible Assets	1.3M	1.3M	7.9M	7.2M	8.3M	8.7M
Net Tangible Assets	94.3M	108.7M	280.2M	408.7M	470.0M	493.5M
Short Long Term Debt	20.8M	29.1M	20.0M	32.5M	22.4M	18.7M
Capital Lease Obligations	2.5M	7.0M	6.1M	3.1M	7.7M	8.1M
Net Invested Capital	138.2M	330.7M	446.2M	481.7M	535.0M	300.7M
Net Working Capital	64.1M	412.0M	392.7M	443.4M	459.0M	266.9M
Capital Stock	4.6M	16.3M	20.4M	29.3M	104.3K	99.1K

Pair Trading with Recon Technology

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 Recon Technology 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 Recon Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Recon Stock

0.63	FTK	Flotek Industries	Pair Corr
0.61	NGS	Natural Gas Services	Pair Corr
0.58	EFXT	Enerflex	Pair Corr
0.58	SEI	Solaris Energy Infra Symbol Change	Pair Corr
0.56	BKR	Baker Hughes Fiscal Year End 28th of January 2025	Pair Corr

The ability to find closely correlated positions to Recon Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Recon Technology 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 Recon Technology - 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 Recon Technology to buy it.

The correlation of Recon Technology 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 Recon Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Recon Technology 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 Recon Technology 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

When determining whether Recon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Recon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Recon Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Recon Technology Stock:

How To Invest In Recon

Details

Is Recon Stock a good investment?

Details

What is Recon Technology's Net Worth?

Details

Largest Oil & Gas Equipment & Services Companies

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Largest Energy Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recon Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Oil & Gas Equipment & Services 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 Recon Technology. If investors know Recon 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 Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.08)

Revenue Per Share

13.637

Quarterly Revenue Growth

0.095

Return On Assets

(0.08)

Return On Equity

(0.11)

The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology'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 Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology'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 Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology'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.

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Recon Total Current Assets vs Total Cash From Operating Activities Analysis

Total Current Assets vs Total Cash From Operating Activities

Total Current Assets vs Total Cash From Operating Activities Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Cash From Operating Activities

Recon Technology fundamental ratios Correlations

Recon Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Recon Technology fundamental ratios Accounts

Pair Trading with Recon Technology

Moving against Recon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Property Plant Equipment	+ 0.99	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.97	Total Stockholder Equity
Common Stock Total Equity	+ 0.97	Property Plant And Equipment Net
Property Plant Equipment	+ 0.97	Property Plant And Equipment Net

Cash	- 1.0	Net Debt
Property Plant Equipment	- 0.93	Retained Earnings
Common Stock Total Equity	- 0.92	Retained Earnings
Retained Earnings	- 0.89	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.88	Retained Earnings
Cash And Short Term Investments	- 0.88	Net Debt