Raiden Short Term Debt vs Other Liab 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 Other Liab 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 Other Liab
Short Term Debt vs Other Liab 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 Other Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Raiden Resources' Short Term Debt and Other Liab is 0.09. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Liab 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 Other Liab 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 Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Short Term Debt i.e., Raiden Resources' Short Term Debt and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Other Liab
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 |
Raiden Resources fundamental ratios Correlations
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Raiden Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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