Redwire Non Current Assets Total vs Other Current Liab Analysis

RDW Stock  USD 13.17  1.49  12.76%   
Redwire Corp financial indicator trend analysis is much more than just breaking down Redwire Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redwire Corp is a good investment. Please check the relationship between Redwire Corp Non Current Assets Total and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redwire 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 unemployment.
For more information on how to buy Redwire Stock please use our How to Invest in Redwire Corp guide.

Non Current Assets Total vs Other Current Liab

Non Current Assets Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redwire Corp Non Current Assets Total account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Redwire Corp's Non Current Assets Total and Other Current Liab is 0.83. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Redwire Corp, assuming nothing else is changed. The correlation between historical values of Redwire Corp's Non Current Assets Total and Other Current 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 Non Current Assets Total of Redwire Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Assets Total i.e., Redwire Corp's Non Current Assets Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Current Liab

Most indicators from Redwire Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redwire 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 Redwire 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 unemployment.
For more information on how to buy Redwire Stock please use our How to Invest in Redwire Corp guide.At this time, Redwire Corp's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 342.9 M in 2024, whereas Tax Provision is likely to drop (1.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization10.6M11.6M10.7M7.9M
Interest Income6.5M8.2M9.5M9.9M

Redwire Corp fundamental ratios Correlations

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Redwire Corp Account Relationship Matchups

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When running Redwire Corp's price analysis, check to measure Redwire Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Redwire Corp is operating at the current time. Most of Redwire Corp's value examination focuses on studying past and present price action to predict the probability of Redwire Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redwire Corp's price. Additionally, you may evaluate how the addition of Redwire Corp to your portfolios can decrease your overall portfolio volatility.