Raiden Short Term Debt vs Cash And Short Term Investments 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 Short Term Debt and its Cash And Short Term Investments 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.

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raiden Resources Short Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Raiden Resources' Short Term Debt and Cash And Short Term Investments is -0.51. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments 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' Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Raiden Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Raiden Resources' Short Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Raiden Resources balance sheet. This account contains Raiden Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Raiden Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Items	218.7K	194.4K
Cost Of Revenue	4.4K	4.1K

Extraordinary Items Cost Of Revenue

Raiden Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Inventory	Short Term Investments	Accounts Payable	Current Deferred Revenue	Other Liab
Total Assets		0.51	0.47	0.02	0.65	0.44	-0.06	-0.02	0.68	0.47	-0.02	0.79	-0.08	0.15	-0.3	0.52	0.67	0.86	0.04	0.24	0.3	0.57	0.1	0.46	-0.27	0.33
Other Current Liab	0.51		0.9	-0.73	0.27	0.84	-0.57	-0.6	0.14	0.11	-0.6	0.79	0.24	-0.4	-0.19	0.9	0.21	0.71	-0.1	0.23	0.8	0.5	0.24	0.5	-0.65	0.08
Total Current Liabilities	0.47	0.9		-0.87	0.22	0.98	-0.68	-0.54	0.04	-0.01	-0.54	0.78	0.3	-0.49	-0.15	1.0	0.11	0.72	-0.12	0.23	0.96	0.52	0.29	0.8	-0.54	0.1
Total Stockholder Equity	0.02	-0.73	-0.87		0.1	-0.88	0.71	0.62	0.34	0.33	0.63	-0.47	-0.39	0.69	0.05	-0.84	0.24	-0.36	0.19	-0.09	-0.91	-0.31	-0.29	-0.67	0.47	0.1
Property Plant And Equipment Net	0.65	0.27	0.22	0.1		0.18	-0.29	0.18	0.82	0.23	0.18	0.49	0.48	0.13	-0.65	0.27	0.74	0.58	0.45	0.05	0.24	0.64	-0.09	0.24	-0.15	0.27
Net Debt	0.44	0.84	0.98	-0.88	0.18		-0.62	-0.61	0.01	-0.13	-0.62	0.79	0.32	-0.59	-0.19	0.98	0.1	0.72	-0.17	0.13	0.95	0.59	0.3	0.84	-0.54	0.01
Retained Earnings	-0.06	-0.57	-0.68	0.71	-0.29	-0.62		0.23	-0.16	-0.15	0.23	-0.24	-0.69	0.18	0.19	-0.63	-0.18	-0.21	-0.52	-0.34	-0.82	-0.29	-0.25	-0.46	0.39	-0.25
Cash	-0.02	-0.6	-0.54	0.62	0.18	-0.61	0.23		0.13	0.39	1.0	-0.52	-0.24	0.69	0.25	-0.54	-0.03	-0.3	0.28	0.3	-0.51	-0.42	-0.19	-0.33	0.25	0.41
Non Current Assets Total	0.68	0.14	0.04	0.34	0.82	0.01	-0.16	0.13		0.46	0.14	0.38	0.37	0.32	-0.64	0.08	0.98	0.44	0.62	0.1	0.03	0.54	0.05	0.06	-0.05	0.33
Non Currrent Assets Other	0.47	0.11	-0.01	0.33	0.23	-0.13	-0.15	0.39	0.46		0.41	-0.04	-0.26	0.79	0.34	-0.03	0.38	0.08	0.47	0.53	-0.09	-0.17	-0.08	-0.21	-0.14	0.45
Cash And Short Term Investments	-0.02	-0.6	-0.54	0.63	0.18	-0.62	0.23	1.0	0.14	0.41		-0.52	-0.24	0.71	0.25	-0.54	-0.03	-0.3	0.29	0.3	-0.51	-0.42	-0.19	-0.33	0.25	0.41
Net Receivables	0.79	0.79	0.78	-0.47	0.49	0.79	-0.24	-0.52	0.38	-0.04	-0.52		0.18	-0.44	-0.45	0.83	0.45	0.96	-0.21	0.06	0.65	0.78	0.25	0.68	-0.4	0.08
Common Stock Total Equity	-0.08	0.24	0.3	-0.39	0.48	0.32	-0.69	-0.24	0.37	-0.26	-0.24	0.18		-0.42	-0.66	0.29	0.42	0.15	0.59	-0.04	0.52	0.6	0.27	0.22	-0.18	0.08
Common Stock Shares Outstanding	0.15	-0.4	-0.49	0.69	0.13	-0.59	0.18	0.69	0.32	0.79	0.71	-0.44	-0.42		0.33	-0.5	0.18	-0.31	0.43	0.41	-0.55	-0.52	-0.2	-0.46	0.26	0.45
Other Stockholder Equity	-0.3	-0.19	-0.15	0.05	-0.65	-0.19	0.19	0.25	-0.64	0.34	0.25	-0.45	-0.66	0.33		-0.21	-0.68	-0.39	-0.29	0.21	-0.21	-0.63	-0.24	-0.27	-0.03	-0.08
Total Liab	0.52	0.9	1.0	-0.84	0.27	0.98	-0.63	-0.54	0.08	-0.03	-0.54	0.83	0.29	-0.5	-0.21		0.15	0.78	-0.14	0.21	0.94	0.57	0.3	0.82	-0.54	0.1
Property Plant And Equipment Gross	0.67	0.21	0.11	0.24	0.74	0.1	-0.18	-0.03	0.98	0.38	-0.03	0.45	0.42	0.18	-0.68	0.15		0.48	0.58	0.05	0.1	0.62	0.15	0.11	-0.1	0.27
Total Current Assets	0.86	0.71	0.72	-0.36	0.58	0.72	-0.21	-0.3	0.44	0.08	-0.3	0.96	0.15	-0.31	-0.39	0.78	0.48		-0.13	0.16	0.6	0.77	0.25	0.67	-0.38	0.2
Common Stock	0.04	-0.1	-0.12	0.19	0.45	-0.17	-0.52	0.28	0.62	0.47	0.29	-0.21	0.59	0.43	-0.29	-0.14	0.58	-0.13		0.27	0.05	0.12	0.11	-0.18	0.02	0.36
Short Long Term Debt Total	0.24	0.23	0.23	-0.09	0.05	0.13	-0.34	0.3	0.1	0.53	0.3	0.06	-0.04	0.41	0.21	0.21	0.05	0.16	0.27		0.2	-0.15	0.67	0.07	-0.2	0.92
Short Term Debt	0.3	0.8	0.96	-0.91	0.24	0.95	-0.82	-0.51	0.03	-0.09	-0.51	0.65	0.52	-0.55	-0.21	0.94	0.1	0.6	0.05	0.2		0.56	0.32	0.78	-0.51	0.09
Inventory	0.57	0.5	0.52	-0.31	0.64	0.59	-0.29	-0.42	0.54	-0.17	-0.42	0.78	0.6	-0.52	-0.63	0.57	0.62	0.77	0.12	-0.15	0.56		0.19	0.47	-0.38	-0.03
Short Term Investments	0.1	0.24	0.29	-0.29	-0.09	0.3	-0.25	-0.19	0.05	-0.08	-0.19	0.25	0.27	-0.2	-0.24	0.3	0.15	0.25	0.11	0.67	0.32	0.19		0.25	-0.15	0.68
Accounts Payable	0.46	0.5	0.8	-0.67	0.24	0.84	-0.46	-0.33	0.06	-0.21	-0.33	0.68	0.22	-0.46	-0.27	0.82	0.11	0.67	-0.18	0.07	0.78	0.47	0.25		-0.14	0.09
Current Deferred Revenue	-0.27	-0.65	-0.54	0.47	-0.15	-0.54	0.39	0.25	-0.05	-0.14	0.25	-0.4	-0.18	0.26	-0.03	-0.54	-0.1	-0.38	0.02	-0.2	-0.51	-0.38	-0.15	-0.14		-0.04
Other Liab	0.33	0.08	0.1	0.1	0.27	0.01	-0.25	0.41	0.33	0.45	0.41	0.08	0.08	0.45	-0.08	0.1	0.27	0.2	0.36	0.92	0.09	-0.03	0.68	0.09	-0.04

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Raiden Resources Account Relationship Matchups

Raiden Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	576.4K	13.5M	12.9M	10.4M	21.5M	22.6M
Other Current Liab	173.6K	853.7K	335.4K	407.2K	280.7K	266.6K
Total Current Liabilities	266.3K	1.1M	424.4K	602.1K	907.0K	861.7K
Total Stockholder Equity	310.1K	12.4M	12.5M	9.8M	20.7M	21.8M
Property Plant And Equipment Net	92.2K	74.8K	60.3K	52.4K	15.5M	16.3M
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)
Cash	314.3K	2.7M	536.2K	737.8K	5.7M	6.0M
Non Current Assets Total	159.9K	10.7M	12.3M	9.4M	15.5M	16.3M
Non Currrent Assets Other	67.7K	10.6M	11.7M	8.9M	15.5M	16.2M
Cash And Short Term Investments	314.3K	2.7M	536.2K	962.3K	5.9M	6.1M
Net Receivables	83.8K	87.3K	51.2K	40.3K	106.1K	100.8K
Common Stock Shares Outstanding	447.3M	869.4M	1.4B	1.6B	2.5B	2.6B
Liabilities And Stockholders Equity	576.4K	13.5M	12.9M	10.4M	21.5M	22.6M
Other Stockholder Equity	(78.43)	(12.1K)	1.0	(7.9K)	(1.0)	(1.05)
Total Liab	266.3K	1.1M	424.4K	602.1K	907.0K	861.7K
Property Plant And Equipment Gross	159.9K	10.7M	11.8M	9.4M	10.9M	11.4M
Total Current Assets	416.5K	2.8M	635.0K	1.0M	6.0M	3.3M
Accumulated Other Comprehensive Income	231.7K	250.5K	1.6M	1.9M	4.7M	5.0M
Accounts Payable	92.7K	261.3K	89.0K	194.8K	626.3K	595.0K
Other Current Assets	18.4K	40.0K	47.7K	40.0K	44.1K	41.9K
Property Plant Equipment	159.9K	10.7M	11.8M	9.4M	10.8M	11.3M
Net Tangible Assets	310.1K	12.4M	12.5M	9.8M	11.3M	11.9M
Net Invested Capital	310.1K	12.4M	12.5M	9.8M	11.3M	11.9M
Cash And Equivalents	1.7M	314.3K	2.7M	536.2K	482.5K	458.4K
Net Working Capital	150.2K	1.7M	210.6K	440.5K	506.5K	531.9K

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