Reddit, Retained Earnings vs Capital Lease Obligations Analysis
RDDT Stock | 135.61 6.29 4.43% |
Reddit, financial indicator trend analysis is much more than just breaking down Reddit, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reddit, is a good investment. Please check the relationship between Reddit, Retained Earnings and its Capital Lease Obligations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.
Retained Earnings vs Capital Lease Obligations
Retained Earnings vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reddit, Retained Earnings account and Capital Lease Obligations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reddit,'s Retained Earnings and Capital Lease Obligations is -0.31. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Reddit,, assuming nothing else is changed. The correlation between historical values of Reddit,'s Retained Earnings and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Reddit, are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Retained Earnings i.e., Reddit,'s Retained Earnings and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Capital Lease Obligations
Reddit, capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Reddit, asset purchases. For example, Reddit, can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Reddit, control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Reddit,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reddit, 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 Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.At this time, Reddit,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 136.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.8M | 8M | 13.7M | 7.3M | Tax Provision | 340K | 622K | 3.8M | 4.0M |
Reddit, fundamental ratios Correlations
Click cells to compare fundamentals
Reddit, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Reddit, Stock Analysis
When running Reddit,'s price analysis, check to measure Reddit,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.