Raiden Cash vs Current Deferred Revenue Analysis

RDN Stock   0.01  0  11.76%   
Raiden Resources financial indicator trend analysis is much more than just breaking down Raiden Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raiden Resources is a good investment. Please check the relationship between Raiden Resources Cash and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raiden 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.

Cash vs Current Deferred Revenue

Cash vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raiden Resources Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Raiden Resources' Cash and Current Deferred Revenue is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Raiden Resources, assuming nothing else is changed. The correlation between historical values of Raiden Resources' Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Raiden Resources are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Raiden Resources' Cash and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Raiden Resources, which is listed under current asset account on Raiden Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Raiden Resources customers. The amounts must be unrestricted with restricted cash listed in a different Raiden Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Raiden Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raiden 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 Raiden 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.
Issuance Of Capital Stock is likely to gain to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 946.3 K in 2024.
 2023 2024 (projected)
Extraordinary Items218.7K194.4K
Cost Of Revenue4.4K4.1K

Raiden Resources fundamental ratios Correlations

0.510.470.020.650.44-0.06-0.020.680.47-0.020.79-0.080.15-0.30.520.670.860.040.240.30.570.10.46-0.270.33
0.510.9-0.730.270.84-0.57-0.60.140.11-0.60.790.24-0.4-0.190.90.210.71-0.10.230.80.50.240.5-0.650.08
0.470.9-0.870.220.98-0.68-0.540.04-0.01-0.540.780.3-0.49-0.151.00.110.72-0.120.230.960.520.290.8-0.540.1
0.02-0.73-0.870.1-0.880.710.620.340.330.63-0.47-0.390.690.05-0.840.24-0.360.19-0.09-0.91-0.31-0.29-0.670.470.1
0.650.270.220.10.18-0.290.180.820.230.180.490.480.13-0.650.270.740.580.450.050.240.64-0.090.24-0.150.27
0.440.840.98-0.880.18-0.62-0.610.01-0.13-0.620.790.32-0.59-0.190.980.10.72-0.170.130.950.590.30.84-0.540.01
-0.06-0.57-0.680.71-0.29-0.620.23-0.16-0.150.23-0.24-0.690.180.19-0.63-0.18-0.21-0.52-0.34-0.82-0.29-0.25-0.460.39-0.25
-0.02-0.6-0.540.620.18-0.610.230.130.391.0-0.52-0.240.690.25-0.54-0.03-0.30.280.3-0.51-0.42-0.19-0.330.250.41
0.680.140.040.340.820.01-0.160.130.460.140.380.370.32-0.640.080.980.440.620.10.030.540.050.06-0.050.33
0.470.11-0.010.330.23-0.13-0.150.390.460.41-0.04-0.260.790.34-0.030.380.080.470.53-0.09-0.17-0.08-0.21-0.140.45
-0.02-0.6-0.540.630.18-0.620.231.00.140.41-0.52-0.240.710.25-0.54-0.03-0.30.290.3-0.51-0.42-0.19-0.330.250.41
0.790.790.78-0.470.490.79-0.24-0.520.38-0.04-0.520.18-0.44-0.450.830.450.96-0.210.060.650.780.250.68-0.40.08
-0.080.240.3-0.390.480.32-0.69-0.240.37-0.26-0.240.18-0.42-0.660.290.420.150.59-0.040.520.60.270.22-0.180.08
0.15-0.4-0.490.690.13-0.590.180.690.320.790.71-0.44-0.420.33-0.50.18-0.310.430.41-0.55-0.52-0.2-0.460.260.45
-0.3-0.19-0.150.05-0.65-0.190.190.25-0.640.340.25-0.45-0.660.33-0.21-0.68-0.39-0.290.21-0.21-0.63-0.24-0.27-0.03-0.08
0.520.91.0-0.840.270.98-0.63-0.540.08-0.03-0.540.830.29-0.5-0.210.150.78-0.140.210.940.570.30.82-0.540.1
0.670.210.110.240.740.1-0.18-0.030.980.38-0.030.450.420.18-0.680.150.480.580.050.10.620.150.11-0.10.27
0.860.710.72-0.360.580.72-0.21-0.30.440.08-0.30.960.15-0.31-0.390.780.48-0.130.160.60.770.250.67-0.380.2
0.04-0.1-0.120.190.45-0.17-0.520.280.620.470.29-0.210.590.43-0.29-0.140.58-0.130.270.050.120.11-0.180.020.36
0.240.230.23-0.090.050.13-0.340.30.10.530.30.06-0.040.410.210.210.050.160.270.2-0.150.670.07-0.20.92
0.30.80.96-0.910.240.95-0.82-0.510.03-0.09-0.510.650.52-0.55-0.210.940.10.60.050.20.560.320.78-0.510.09
0.570.50.52-0.310.640.59-0.29-0.420.54-0.17-0.420.780.6-0.52-0.630.570.620.770.12-0.150.560.190.47-0.38-0.03
0.10.240.29-0.29-0.090.3-0.25-0.190.05-0.08-0.190.250.27-0.2-0.240.30.150.250.110.670.320.190.25-0.150.68
0.460.50.8-0.670.240.84-0.46-0.330.06-0.21-0.330.680.22-0.46-0.270.820.110.67-0.180.070.780.470.25-0.140.09
-0.27-0.65-0.540.47-0.15-0.540.390.25-0.05-0.140.25-0.4-0.180.26-0.03-0.54-0.1-0.380.02-0.2-0.51-0.38-0.15-0.14-0.04
0.330.080.10.10.270.01-0.250.410.330.450.410.080.080.45-0.080.10.270.20.360.920.09-0.030.680.09-0.04
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Raiden Resources Account Relationship Matchups

Raiden Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets576.4K13.5M12.9M10.4M21.5M22.6M
Other Current Liab173.6K853.7K335.4K407.2K280.7K266.6K
Total Current Liabilities266.3K1.1M424.4K602.1K907.0K861.7K
Total Stockholder Equity310.1K12.4M12.5M9.8M20.7M21.8M
Property Plant And Equipment Net92.2K74.8K60.3K52.4K15.5M16.3M
Net Debt(314.3K)(2.7M)(536.2K)(737.8K)(5.7M)(5.4M)
Retained Earnings(6.3M)(8.3M)(13.1M)(18.8M)(22.3M)(23.5M)
Cash314.3K2.7M536.2K737.8K5.7M6.0M
Non Current Assets Total159.9K10.7M12.3M9.4M15.5M16.3M
Non Currrent Assets Other67.7K10.6M11.7M8.9M15.5M16.2M
Cash And Short Term Investments314.3K2.7M536.2K962.3K5.9M6.1M
Net Receivables83.8K87.3K51.2K40.3K106.1K100.8K
Common Stock Shares Outstanding447.3M869.4M1.4B1.6B2.5B2.6B
Liabilities And Stockholders Equity576.4K13.5M12.9M10.4M21.5M22.6M
Other Stockholder Equity(78.43)(12.1K)1.0(7.9K)(1.0)(1.05)
Total Liab266.3K1.1M424.4K602.1K907.0K861.7K
Property Plant And Equipment Gross159.9K10.7M11.8M9.4M10.9M11.4M
Total Current Assets416.5K2.8M635.0K1.0M6.0M3.3M
Accumulated Other Comprehensive Income231.7K250.5K1.6M1.9M4.7M5.0M
Accounts Payable92.7K261.3K89.0K194.8K626.3K595.0K
Other Current Assets18.4K40.0K47.7K40.0K44.1K41.9K
Property Plant Equipment159.9K10.7M11.8M9.4M10.8M11.3M
Net Tangible Assets310.1K12.4M12.5M9.8M11.3M11.9M
Net Invested Capital310.1K12.4M12.5M9.8M11.3M11.9M
Cash And Equivalents1.7M314.3K2.7M536.2K482.5K458.4K
Net Working Capital150.2K1.7M210.6K440.5K506.5K531.9K

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