Raiden Total Current Assets vs Common Stock Total Equity 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 Total Current Assets and its Common Stock Total Equity 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.

Total Current Assets vs Common Stock Total Equity

Total Current Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raiden Resources Total Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Raiden Resources' Total Current Assets and Common Stock Total Equity is 0.15. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity 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' Total Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Raiden Resources are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., Raiden Resources' Total Current Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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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