Real Net Receivables vs Property Plant And Equipment Net Analysis
REAL Stock | CAD 6.60 0.23 3.61% |
Real Matters financial indicator trend analysis is much more than just breaking down Real Matters prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Matters is a good investment. Please check the relationship between Real Matters Net Receivables and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Matters. 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.
Net Receivables vs Property Plant And Equipment Net
Net Receivables vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Matters Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Real Matters' Net Receivables and Property Plant And Equipment Net is 0.72. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Real Matters, assuming nothing else is changed. The correlation between historical values of Real Matters' Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Real Matters are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Real Matters' Net Receivables and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Real Matters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Matters 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 Real Matters. 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. At this time, Real Matters' Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.24, though Tax Provision is likely to grow to (3.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 264K | 206K | 185.4K | 348.4K | Depreciation And Amortization | 4.5M | 3.9M | 3.5M | 3.3M |
Real Matters fundamental ratios Correlations
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Real Matters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Real Matters fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 88.5M | 84.2M | 77.0M | 72.9M | 65.6M | 67.9M | |
Total Assets | 249.7M | 194.3M | 137.0M | 128.7M | 148.0M | 196.5M | |
Short Long Term Debt Total | 7.9M | 8.0M | 5.9M | 4.1M | 3.7M | 4.7M | |
Other Current Liab | 6.6M | 4.3M | 4.3M | 3.2M | 2.9M | 2.7M | |
Total Current Liabilities | 27.4M | 27.8M | 17.7M | 14.2M | 12.8M | 18.4M | |
Total Stockholder Equity | 209.0M | 159.4M | 114.9M | 111.6M | 128.3M | 156.7M | |
Other Liab | 4.3M | 6.8M | 3.5M | 651K | 585.9K | 556.6K | |
Net Tangible Assets | 100.1M | 140.6M | 92.7M | 66.7M | 76.7M | 82.0M | |
Property Plant And Equipment Net | 11.4M | 11.1M | 7.0M | 3.8M | 4.4M | 6.1M | |
Net Debt | (121.3M) | (52.2M) | (40.3M) | (38.2M) | (34.4M) | (36.1M) | |
Retained Earnings | (51.5M) | (94.2M) | (114.8M) | (121.0M) | (108.9M) | (114.3M) | |
Accounts Payable | 19.5M | 21.8M | 11.9M | 9.4M | 10.8M | 16.1M | |
Cash | 129.2M | 60.2M | 46.1M | 42.3M | 48.7M | 65.7M | |
Non Current Assets Total | 88.1M | 85.3M | 67.3M | 67.4M | 60.7M | 71.4M | |
Non Currrent Assets Other | 34K | (77.8M) | (55.1M) | 813K | 731.7K | 771.3K | |
Other Assets | 19.5M | 8.4M | 7.5M | 12.1M | 10.9M | 10.6M | |
Cash And Short Term Investments | 129.2M | 60.2M | 46.1M | 42.3M | 48.7M | 65.7M | |
Net Receivables | 30.7M | 46.3M | 21.0M | 15.5M | 17.8M | 30.5M | |
Liabilities And Stockholders Equity | 249.7M | 194.3M | 137.0M | 128.7M | 148.0M | 196.5M | |
Non Current Liabilities Total | 6.8M | 10.1M | 7.0M | 2.9M | 2.6M | 2.5M | |
Other Current Assets | 5.1M | 4.0M | 2.6M | 4.8M | 5.5M | 3.3M | |
Other Stockholder Equity | 7.7M | 12.2M | 13.3M | 13.8M | 15.9M | 16.7M | |
Total Liab | 37.5M | 34.8M | 22.0M | 17.2M | 15.4M | 27.4M | |
Property Plant And Equipment Gross | 11.4M | 20.9M | 17.8M | 14.8M | 17.0M | 10.0M | |
Total Current Assets | 161.6M | 109.1M | 69.7M | 61.3M | 70.5M | 98.4M | |
Accumulated Other Comprehensive Income | (9.8M) | (5.0M) | (11.0M) | (9.8M) | (8.8M) | (9.2M) | |
Short Term Debt | 1.3M | 1.7M | 1.5M | 1.7M | 1.9M | 1.2M | |
Intangible Assets | 7.9M | 6.2M | 5.0M | 4.0M | 3.6M | 3.4M | |
Common Stock | 262.7M | 246.4M | 227.3M | 228.4M | 262.7M | 244.8M | |
Property Plant Equipment | 3.6M | 11.4M | 11.1M | 7.0M | 8.0M | 6.4M | |
Long Term Debt Total | 0.0 | 6.6M | 6.3M | 4.3M | 3.9M | 3.7M | |
Capital Surpluse | 6.4M | 7.7M | 12.2M | 13.6M | 15.7M | 16.5M | |
Capital Lease Obligations | 7.9M | 8.0M | 5.9M | 4.1M | 4.7M | 3.8M | |
Net Invested Capital | 209.0M | 159.4M | 114.9M | 111.6M | 100.4M | 129.0M |
Pair Trading with Real Matters
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Real Matters position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Real Matters will appreciate offsetting losses from the drop in the long position's value.Moving against Real Stock
0.73 | JPM | JPMorgan Chase | PairCorr |
0.64 | BOFA | Bank of America | PairCorr |
0.58 | TD-PFI | Toronto Dominion Bank | PairCorr |
0.44 | TD-PFD | Toronto Dominion Bank | PairCorr |
0.38 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Real Matters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Real Matters when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Real Matters - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Real Matters to buy it.
The correlation of Real Matters is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Real Matters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Real Matters moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Real Matters can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Real Stock
Balance Sheet is a snapshot of the financial position of Real Matters at a specified time, usually calculated after every quarter, six months, or one year. Real Matters Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Real Matters and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Real currently owns. An asset can also be divided into two categories, current and non-current.