Rochester Total Stockholder Equity vs Total Current Liabilities Analysis

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

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rochester Resources Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Rochester Resources' Total Stockholder Equity and Total Current Liabilities is -0.6. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Rochester Resources, assuming nothing else is changed. The correlation between historical values of Rochester Resources' Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Rochester Resources are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Rochester Resources' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Rochester Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rochester Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Rochester Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rochester Resources 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 Rochester Resources. 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 drop to about 649.6 K in 2024

Rochester Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Other Assets	Intangible Assets	Other Liab	Long Term Debt	Inventory	Deferred Long Term Liab	Short Long Term Debt	Short Term Debt	Other Current Liab	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.33	0.78	0.82	0.78	-0.09	-0.4	0.76	0.13	0.29	-0.37	0.25	0.42	-0.29	0.99	0.15	0.25	-0.22	-0.55	0.46	0.15	0.59	0.68	-0.54	0.64	-0.22
Total Current Liabilities	-0.33		-0.6	-0.65	-0.53	0.16	0.38	-0.03	0.35	0.67	0.69	0.66	0.21	-0.53	-0.37	-0.01	0.66	0.17	0.55	0.24	-0.01	0.22	0.33	0.46	-0.65	-0.06
Total Stockholder Equity	0.78	-0.6		0.99	0.99	-0.58	-0.39	0.32	-0.29	-0.21	-0.81	-0.34	-0.13	0.28	0.85	0.47	-0.34	-0.7	-0.88	-0.01	0.47	0.63	0.16	-0.84	0.88	-0.61
Net Tangible Assets	0.82	-0.65	0.99		0.97	-0.45	-0.43	0.36	-0.27	-0.22	-0.8	-0.31	-0.08	0.21	0.87	0.33	-0.31	-0.59	-0.82	0.01	0.33	0.57	0.19	-0.82	0.89	-0.5
Retained Earnings	0.78	-0.53	0.99	0.97		-0.62	-0.39	0.34	-0.27	-0.13	-0.76	-0.3	-0.11	0.25	0.86	0.55	-0.3	-0.73	-0.89	0.0	0.55	0.69	0.21	-0.83	0.87	-0.65
Accounts Payable	-0.09	0.16	-0.58	-0.45	-0.62		-0.06	0.2	0.4	0.3	0.58	0.57	0.5	-0.64	-0.2	-0.88	0.57	0.95	0.79	0.29	-0.88	-0.58	0.28	0.54	-0.42	0.88
Cash	-0.4	0.38	-0.39	-0.43	-0.39	-0.06		-0.2	0.33	-0.04	0.31	-0.07	0.2	0.22	-0.44	0.05	-0.07	0.07	0.17	0.2	0.05	-0.17	-0.23	0.38	-0.5	0.01
Net Receivables	0.76	-0.03	0.32	0.36	0.34	0.2	-0.2		0.63	0.6	0.16	0.56	0.8	-0.52	0.68	0.0	0.56	0.17	-0.21	0.7	0.0	0.35	0.84	-0.05	0.1	0.15
Other Current Assets	0.13	0.35	-0.29	-0.27	-0.27	0.4	0.33	0.63		0.57	0.59	0.55	0.85	-0.43	0.02	-0.17	0.55	0.42	0.25	0.73	-0.17	-0.05	0.53	0.46	-0.53	0.37
Other Stockholder Equity	0.29	0.67	-0.21	-0.22	-0.13	0.3	-0.04	0.6	0.57		0.68	0.9	0.64	-0.81	0.23	0.05	0.9	0.26	0.3	0.53	0.05	0.39	0.84	0.3	-0.27	0.08
Total Liab	-0.37	0.69	-0.81	-0.8	-0.76	0.58	0.31	0.16	0.59	0.68		0.66	0.56	-0.54	-0.46	-0.25	0.66	0.68	0.74	0.39	-0.25	-0.34	0.32	0.86	-0.77	0.56
Long Term Investments	0.25	0.66	-0.34	-0.31	-0.3	0.57	-0.07	0.56	0.55	0.9	0.66		0.64	-0.96	0.16	-0.33	1.0	0.5	0.51	0.53	-0.33	0.21	0.83	0.34	-0.37	0.32
Total Current Assets	0.42	0.21	-0.13	-0.08	-0.11	0.5	0.2	0.8	0.85	0.64	0.56	0.64		-0.52	0.3	-0.2	0.64	0.53	0.18	0.88	-0.2	-0.03	0.69	0.37	-0.28	0.46
Common Stock	-0.29	-0.53	0.28	0.21	0.25	-0.64	0.22	-0.52	-0.43	-0.81	-0.54	-0.96	-0.52		-0.21	0.47	-0.96	-0.51	-0.52	-0.38	0.47	-0.19	-0.81	-0.26	0.27	-0.35
Property Plant Equipment	0.99	-0.37	0.85	0.87	0.86	-0.2	-0.44	0.68	0.02	0.23	-0.46	0.16	0.3	-0.21		0.24	0.16	-0.34	-0.63	0.35	0.24	0.65	0.61	-0.61	0.73	-0.32
Other Assets	0.15	-0.01	0.47	0.33	0.55	-0.88	0.05	0.0	-0.17	0.05	-0.25	-0.33	-0.2	0.47	0.24		-0.33	-0.79	-0.68	-0.05	1.0	0.58	-0.06	-0.36	0.36	-0.77
Intangible Assets	0.25	0.66	-0.34	-0.31	-0.3	0.57	-0.07	0.56	0.55	0.9	0.66	1.0	0.64	-0.96	0.16	-0.33		0.5	0.51	0.53	-0.33	0.21	0.83	0.34	-0.37	0.32
Other Liab	-0.22	0.17	-0.7	-0.59	-0.73	0.95	0.07	0.17	0.42	0.26	0.68	0.5	0.53	-0.51	-0.34	-0.79	0.5		0.78	0.33	-0.79	-0.71	0.18	0.69	-0.55	0.96
Long Term Debt	-0.55	0.55	-0.88	-0.82	-0.89	0.79	0.17	-0.21	0.25	0.3	0.74	0.51	0.18	-0.52	-0.63	-0.68	0.51	0.78		0.06	-0.68	-0.57	-0.01	0.67	-0.69	0.66
Inventory	0.46	0.24	-0.01	0.01	0.0	0.29	0.2	0.7	0.73	0.53	0.39	0.53	0.88	-0.38	0.35	-0.05	0.53	0.33	0.06		-0.05	0.09	0.58	0.19	-0.2	0.24
Deferred Long Term Liab	0.15	-0.01	0.47	0.33	0.55	-0.88	0.05	0.0	-0.17	0.05	-0.25	-0.33	-0.2	0.47	0.24	1.0	-0.33	-0.79	-0.68	-0.05		0.58	-0.06	-0.36	0.36	-0.77
Short Long Term Debt	0.59	0.22	0.63	0.57	0.69	-0.58	-0.17	0.35	-0.05	0.39	-0.34	0.21	-0.03	-0.19	0.65	0.58	0.21	-0.71	-0.57	0.09	0.58		0.52	-0.59	0.45	-0.81
Short Term Debt	0.68	0.33	0.16	0.19	0.21	0.28	-0.23	0.84	0.53	0.84	0.32	0.83	0.69	-0.81	0.61	-0.06	0.83	0.18	-0.01	0.58	-0.06	0.52		0.03	0.02	0.06
Other Current Liab	-0.54	0.46	-0.84	-0.82	-0.83	0.54	0.38	-0.05	0.46	0.3	0.86	0.34	0.37	-0.26	-0.61	-0.36	0.34	0.69	0.67	0.19	-0.36	-0.59	0.03		-0.86	0.67
Non Currrent Assets Other	0.64	-0.65	0.88	0.89	0.87	-0.42	-0.5	0.1	-0.53	-0.27	-0.77	-0.37	-0.28	0.27	0.73	0.36	-0.37	-0.55	-0.69	-0.2	0.36	0.45	0.02	-0.86		-0.48
Non Current Liabilities Total	-0.22	-0.06	-0.61	-0.5	-0.65	0.88	0.01	0.15	0.37	0.08	0.56	0.32	0.46	-0.35	-0.32	-0.77	0.32	0.96	0.66	0.24	-0.77	-0.81	0.06	0.67	-0.48

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Rochester Resources Account Relationship Matchups

Rochester Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5M	5.5M	6.1M	6.0M	5.6M	6.5M
Total Current Liabilities	26.3M	25.1M	27.3M	14.3M	18.3M	17.8M
Total Stockholder Equity	(24.8M)	(21.2M)	(23.1M)	(29.0M)	(34.1M)	(32.4M)
Net Tangible Assets	(24.8M)	(21.2M)	(23.1M)	(29.0M)	(26.1M)	(24.8M)
Retained Earnings	(77.6M)	(75.1M)	(77.8M)	(83.7M)	(88.8M)	(93.3M)
Accounts Payable	3.6M	4.9M	6.1M	9.1M	17.3M	18.1M
Cash	322.9K	668.5K	347.0K	181.5K	120.0K	114.0K
Net Receivables	758.8K	1.4M	1.3M	1.8M	1.8M	1.2M
Other Current Assets	30.9K	18.9K	50.0K	42.2K	48.5K	31.5K
Total Liab	27.4M	26.6M	29.2M	35.0M	39.8M	22.3M
Total Current Assets	1.8M	3.6M	3.8M	4.1M	4.2M	2.9M
Property Plant Equipment	728.0K	1.9M	2.3M	1.9M	1.7M	1.6M
Other Liab	1.1M	1.3M	1.5M	2.5M	2.9M	3.0M
Inventory	365.9K	928.5K	1.3M	1.1M	788.2K	782.5K
Other Current Liab	3.8M	2.4M	3.0M	4.4M	5.0M	2.7M
Non Current Liabilities Total	1.1M	1.5M	1.8M	20.7M	21.5M	22.6M
Non Current Assets Total	728.0K	1.9M	2.3M	1.9M	1.4M	1.5M
Net Invested Capital	(20.3M)	(16.8M)	(19.2M)	(19.0M)	(33.5M)	(31.9M)
Net Working Capital	(24.5M)	(21.5M)	(23.5M)	(10.2M)	(14.0M)	(14.8M)
Net Debt	4.3M	3.7M	3.5M	9.8M	469.9K	446.4K

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