Redfin Net Invested Capital vs Capital Surpluse Analysis

RDFN Stock

USD 9.16 1.00 12.25%

Redfin Corp financial indicator trend analysis is much more than just breaking down Redfin Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redfin Corp is a good investment. Please check the relationship between Redfin Corp Net Invested Capital and its Capital Surpluse accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redfin Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redfin Corp Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Redfin Corp's Net Invested Capital and Capital Surpluse is 0.85. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Redfin Corp, assuming nothing else is changed. The correlation between historical values of Redfin Corp's Net Invested Capital and Capital Surpluse 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 Invested Capital of Redfin Corp are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., Redfin Corp's Net Invested Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Surpluse

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

To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.At this time, Redfin Corp's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 2.2 B, while Selling General Administrative is likely to drop about 120.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	403.8M	286.1M	329.8M	197.0M
Total Revenue	1.9B	2.3B	976.7M	911.5M

Gross Profit Total Revenue

Redfin Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Common Stock Shares Outstanding		0.84	0.85	0.83	0.53	-0.3	0.37	0.84	0.71	-0.4	0.8	0.46	0.79	-0.46	0.59	0.53	0.83	0.73	0.73	0.73	0.58	0.45	0.8	0.87	0.7	0.61
Total Assets	0.84		0.99	0.97	0.73	-0.14	0.48	0.93	0.74	-0.13	0.9	0.68	0.84	-0.71	0.59	0.72	0.98	0.73	0.84	0.71	0.59	0.73	0.86	0.84	0.75	0.76
Other Current Liab	0.85	0.99		0.99	0.69	-0.17	0.45	0.93	0.8	-0.24	0.94	0.59	0.89	-0.61	0.59	0.65	0.97	0.79	0.85	0.71	0.61	0.66	0.91	0.84	0.77	0.76
Total Current Liabilities	0.83	0.97	0.99		0.58	-0.28	0.31	0.89	0.86	-0.31	0.96	0.49	0.91	-0.6	0.48	0.55	0.95	0.82	0.78	0.6	0.72	0.72	0.92	0.76	0.85	0.68
Total Stockholder Equity	0.53	0.73	0.69	0.58		0.44	0.93	0.77	0.23	0.42	0.46	0.81	0.42	-0.59	0.65	0.83	0.71	0.32	0.9	0.77	-0.12	0.43	0.44	0.86	0.09	0.93
Other Liab	-0.3	-0.14	-0.17	-0.28	0.44		0.57	-0.05	-0.54	0.74	-0.24	0.33	-0.42	-0.05	0.13	0.29	-0.13	-0.47	0.19	0.15	-0.7	-0.11	-0.41	0.09	-0.62	0.33
Net Tangible Assets	0.37	0.48	0.45	0.31	0.93	0.57		0.58	-0.02	0.48	0.2	0.72	0.18	-0.36	0.66	0.74	0.48	0.11	0.79	0.76	-0.39	0.11	0.22	0.76	-0.21	0.85
Property Plant And Equipment Net	0.84	0.93	0.93	0.89	0.77	-0.05	0.58		0.68	-0.09	0.81	0.61	0.78	-0.67	0.61	0.68	0.91	0.66	0.87	0.76	0.43	0.65	0.78	0.92	0.6	0.81
Net Debt	0.71	0.74	0.8	0.86	0.23	-0.54	-0.02	0.68		-0.66	0.87	0.01	0.98	-0.21	0.17	0.08	0.7	0.96	0.56	0.33	0.75	0.48	0.94	0.53	0.83	0.41
Retained Earnings	-0.4	-0.13	-0.24	-0.31	0.42	0.74	0.48	-0.09	-0.66		-0.42	0.46	-0.55	-0.33	-0.04	0.39	-0.17	-0.66	0.04	0.04	-0.64	0.18	-0.56	-0.02	-0.58	0.23
Accounts Payable	0.8	0.9	0.94	0.96	0.46	-0.24	0.2	0.81	0.87	-0.42		0.39	0.91	-0.49	0.47	0.44	0.91	0.85	0.71	0.5	0.75	0.63	0.92	0.68	0.86	0.6
Cash	0.46	0.68	0.59	0.49	0.81	0.33	0.72	0.61	0.01	0.46	0.39		0.2	-0.8	0.73	0.99	0.69	0.07	0.6	0.7	0.08	0.5	0.27	0.65	0.21	0.63
Non Current Assets Total	0.79	0.84	0.89	0.91	0.42	-0.42	0.18	0.78	0.98	-0.55	0.91	0.2		-0.32	0.34	0.26	0.82	0.98	0.71	0.47	0.68	0.52	0.98	0.67	0.79	0.57
Non Currrent Assets Other	-0.46	-0.71	-0.61	-0.6	-0.59	-0.05	-0.36	-0.67	-0.21	-0.33	-0.49	-0.8	-0.32		-0.46	-0.79	-0.71	-0.16	-0.45	-0.39	-0.37	-0.83	-0.31	-0.52	-0.46	-0.45
Other Assets	0.59	0.59	0.59	0.48	0.65	0.13	0.66	0.61	0.17	-0.04	0.47	0.73	0.34	-0.46		0.77	0.7	0.32	0.65	0.69	0.11	0.06	0.44	0.71	0.23	0.59
Cash And Short Term Investments	0.53	0.72	0.65	0.55	0.83	0.29	0.74	0.68	0.08	0.39	0.44	0.99	0.26	-0.79	0.77		0.73	0.13	0.65	0.77	0.12	0.49	0.34	0.71	0.26	0.66
Net Receivables	0.83	0.98	0.97	0.95	0.71	-0.13	0.48	0.91	0.7	-0.17	0.91	0.69	0.82	-0.71	0.7	0.73		0.73	0.84	0.66	0.58	0.66	0.84	0.83	0.73	0.75
Good Will	0.73	0.73	0.79	0.82	0.32	-0.47	0.11	0.66	0.96	-0.66	0.85	0.07	0.98	-0.16	0.32	0.13	0.73		0.64	0.37	0.64	0.35	0.95	0.59	0.73	0.49
Common Stock Total Equity	0.73	0.84	0.85	0.78	0.9	0.19	0.79	0.87	0.56	0.04	0.71	0.6	0.71	-0.45	0.65	0.65	0.84	0.64		0.75	0.13	0.42	0.71	0.93	0.34	0.98
Short Term Investments	0.73	0.71	0.71	0.6	0.77	0.15	0.76	0.76	0.33	0.04	0.5	0.7	0.47	-0.39	0.69	0.77	0.66	0.37	0.75		0.14	0.24	0.56	0.86	0.29	0.71
Non Current Liabilities Total	0.58	0.59	0.61	0.72	-0.12	-0.7	-0.39	0.43	0.75	-0.64	0.75	0.08	0.68	-0.37	0.11	0.12	0.58	0.64	0.13	0.14		0.57	0.7	0.2	0.98	-0.01
Inventory	0.45	0.73	0.66	0.72	0.43	-0.11	0.11	0.65	0.48	0.18	0.63	0.5	0.52	-0.83	0.06	0.49	0.66	0.35	0.42	0.24	0.57		0.46	0.42	0.65	0.41
Other Current Assets	0.8	0.86	0.91	0.92	0.44	-0.41	0.22	0.78	0.94	-0.56	0.92	0.27	0.98	-0.31	0.44	0.34	0.84	0.95	0.71	0.56	0.7	0.46		0.68	0.81	0.57
Other Stockholder Equity	0.87	0.84	0.84	0.76	0.86	0.09	0.76	0.92	0.53	-0.02	0.68	0.65	0.67	-0.52	0.71	0.71	0.83	0.59	0.93	0.86	0.2	0.42	0.68		0.38	0.89
Total Liab	0.7	0.75	0.77	0.85	0.09	-0.62	-0.21	0.6	0.83	-0.58	0.86	0.21	0.79	-0.46	0.23	0.26	0.73	0.73	0.34	0.29	0.98	0.65	0.81	0.38		0.2
Deferred Long Term Liab	0.61	0.76	0.76	0.68	0.93	0.33	0.85	0.81	0.41	0.23	0.6	0.63	0.57	-0.45	0.59	0.66	0.75	0.49	0.98	0.71	-0.01	0.41	0.57	0.89	0.2

Click cells to compare fundamentals

Redfin Corp Account Relationship Matchups

Redfin Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	91.6M	98.6M	104.7M	107.9M	113.2M	94.0M
Total Assets	596.2M	1.4B	2.0B	1.6B	1.2B	952.1M
Other Current Liab	45.9M	82.6M	118.1M	111.1M	90.4M	68.5M
Total Current Liabilities	85.2M	185.7M	401.8M	354.6M	268.4M	174.8M
Total Stockholder Equity	331.4M	630.4M	349.7M	103.9M	42.7M	40.6M
Net Tangible Assets	319.9M	619.4M	(245.6M)	(58.4M)	(67.2M)	(63.8M)
Property Plant And Equipment Net	91.6M	88.1M	112.9M	97.1M	78.2M	66.2M
Net Debt	(17.9M)	(290.2M)	949.4M	1.1B	860.1M	903.1M
Retained Earnings	(251.8M)	(270.3M)	(372.2M)	(693.3M)	(823.3M)	(782.2M)
Accounts Payable	2.1M	5.6M	12.5M	11.1M	10.5M	6.5M
Cash	234.7M	925.3M	591.0M	239.8M	149.8M	142.3M
Non Current Assets Total	144.6M	119.7M	775.9M	797.7M	708.6M	744.0M
Non Currrent Assets Other	(585.7M)	(1.4B)	(2.0B)	(43.4M)	10.5M	11.0M
Other Assets	10.6M	64.7M	12.9M	11.2M	39.5M	20.1M
Cash And Short Term Investments	304.7M	1.1B	624.7M	362.1M	196.3M	186.5M
Net Receivables	19.2M	54.7M	69.6M	46.4M	51.7M	35.0M
Common Stock Total Equity	93K	103K	106K	110K	126.5K	84.2K
Liabilities And Stockholders Equity	596.2M	1.4B	2.0B	1.6B	1.2B	952.1M
Non Current Liabilities Total	179.6M	544.4M	1.3B	1.1B	842.5M	654.3M
Inventory	74.6M	49.2M	358.2M	114.3M	(4.6M)	(4.4M)
Other Current Assets	3.5M	80.1M	193.5M	261.4M	197.0M	206.8M
Other Stockholder Equity	834.9M	860.6M	682.1M	758.0M	826.1M	567.6M
Total Liab	264.8M	730.1M	1.7B	1.5B	1.1B	829.1M
Property Plant And Equipment Gross	91.6M	88.1M	112.9M	55.1M	167.5M	175.8M
Short Long Term Debt	25.7M	85.5M	256.1M	213.9M	152.0M	91.3M
Total Current Assets	451.6M	1.2B	1.2B	776.5M	445.0M	622.5M
Accumulated Other Comprehensive Income	42K	211K	(174K)	(801K)	(182K)	(191.1K)
Short Term Debt	37.2M	97.4M	271.1M	232.5M	167.6M	100.2M
Intangible Assets	2.3M	1.8M	185.9M	198.5M	155.5M	163.2M
Common Stock	93K	103K	106K	110K	117K	89.1K
Property Plant Equipment	91.6M	44.0M	58.7M	55.1M	63.4M	44.5M
Current Deferred Revenue	43K	14.9M	6.7M	5.7M	5.5M	5.1M
Short Long Term Debt Total	216.7M	635.0M	1.5B	1.3B	1.0B	765.4M
Long Term Debt	119.7M	488.3M	1.2B	1.1B	813.2M	601.4M
Retained Earnings Total Equity	(251.8M)	(270.3M)	(372.2M)	(693.3M)	(624.0M)	(592.8M)
Capital Surpluse	583.1M	860.6M	682.1M	758.0M	871.6M	695.0M

Pair Trading with Redfin Corp

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 Redfin Corp 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 Redfin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Redfin Stock

0.59	CBL	CBL Associates Properties	Pair Corr
0.34	UE	Urban Edge Properties	Pair Corr

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

The correlation of Redfin Corp 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 Redfin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redfin Corp 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 Redfin Corp 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 Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp'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 Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:

How To Invest In Redfin

Details

Is Redfin Stock a good investment?

Details

What is Redfin Corp's Net Worth?

Details

Largest Real Estate Management & Development Companies

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Largest Real Estate Companies

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

To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Real Estate Management & Development 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 Redfin Corp. If investors know Redfin 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 Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

3.286

Earnings Share

(1.27)

Revenue Per Share

8.511

Quarterly Revenue Growth

0.034

Return On Assets

(0.09)

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

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Invested Capital

Capital Surpluse

Redfin Corp fundamental ratios Correlations

Redfin Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Redfin Corp fundamental ratios Accounts

Pair Trading with Redfin Corp

Moving against Redfin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Cash And Short Term Investments	+ 0.99	Cash
Net Receivables	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Net Debt
Good Will	+ 0.98	Non Current Assets Total

Inventory	- 0.83	Non Currrent Assets Other
Non Currrent Assets Other	- 0.8	Cash
Cash And Short Term Investments	- 0.79	Non Currrent Assets Other
Net Receivables	- 0.71	Non Currrent Assets Other
Non Currrent Assets Other	- 0.71	Total Assets
Non Current Liabilities Total	- 0.7	Other Liab