Real Total Stockholder Equity vs Accounts Payable Analysis

REAL Stock  CAD 6.38  0.01  0.16%   
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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Matters Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Real Matters' Total Stockholder Equity and Accounts Payable is 0.4. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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' Total Stockholder Equity and Accounts Payable 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 Stockholder Equity of Real Matters are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Real Matters' Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Real Matters obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Real Matters are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.21, though Tax Provision is likely to grow to (3.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense264K206K185.4K348.4K
Depreciation And Amortization4.5M3.9M3.5M3.3M

Real Matters fundamental ratios Correlations

-0.010.210.140.24-0.080.5-0.15-0.160.35-0.130.770.220.010.160.170.080.010.1-0.14-0.450.5-0.53-0.810.36-0.63
-0.01-0.420.440.540.970.080.790.68-0.85-0.82-0.350.50.860.850.010.580.860.830.960.77-0.170.470.410.230.34
0.21-0.420.380.45-0.610.44-0.72-0.080.550.570.580.23-0.5-0.210.49-0.83-0.5-0.25-0.47-0.670.78-0.4-0.460.67-0.19
0.140.440.380.890.220.81-0.160.13-0.31-0.020.130.250.050.770.710.10.050.340.410.090.71-0.17-0.20.89-0.07
0.240.540.450.890.320.67-0.010.41-0.34-0.170.160.650.220.730.53-0.050.220.60.50.120.640.01-0.110.920.07
-0.080.97-0.610.220.32-0.140.910.69-0.88-0.89-0.470.40.910.74-0.190.660.910.770.950.87-0.410.570.52-0.030.42
0.50.080.440.810.67-0.14-0.48-0.340.180.220.570.07-0.240.490.810.05-0.240.050.01-0.370.9-0.56-0.690.85-0.6
-0.150.79-0.72-0.16-0.010.91-0.480.7-0.78-0.93-0.510.30.930.41-0.490.560.930.610.770.85-0.680.70.61-0.370.51
-0.160.68-0.080.130.410.69-0.340.7-0.64-0.67-0.360.660.740.37-0.41-0.020.740.720.650.63-0.30.610.580.080.74
0.35-0.850.55-0.31-0.34-0.880.18-0.78-0.640.690.73-0.27-0.7-0.730.15-0.62-0.7-0.67-0.93-0.970.42-0.67-0.710.03-0.66
-0.13-0.820.57-0.02-0.17-0.890.22-0.93-0.670.690.23-0.36-0.97-0.520.3-0.54-0.97-0.6-0.73-0.710.42-0.56-0.340.14-0.31
0.77-0.350.580.130.16-0.470.57-0.51-0.360.730.230.08-0.26-0.20.42-0.41-0.26-0.29-0.52-0.80.71-0.61-0.920.45-0.76
0.220.50.230.250.650.40.070.30.66-0.27-0.360.080.440.33-0.03-0.190.440.770.470.170.150.340.140.470.25
0.010.86-0.50.050.220.91-0.240.930.74-0.7-0.97-0.260.440.51-0.250.441.00.630.760.72-0.410.60.43-0.090.36
0.160.85-0.210.770.730.740.490.410.37-0.73-0.52-0.20.330.510.340.630.510.70.850.570.210.120.10.530.11
0.170.010.490.710.53-0.190.81-0.49-0.410.150.30.42-0.03-0.250.34-0.07-0.25-0.19-0.02-0.330.78-0.32-0.470.73-0.53
0.080.58-0.830.1-0.050.660.050.56-0.02-0.62-0.54-0.41-0.190.440.63-0.070.440.360.620.61-0.360.110.18-0.23-0.04
0.010.86-0.50.050.220.91-0.240.930.74-0.7-0.97-0.260.441.00.51-0.250.440.630.760.72-0.410.60.43-0.090.36
0.10.83-0.250.340.60.770.050.610.72-0.67-0.6-0.290.770.630.7-0.190.360.630.830.59-0.10.370.340.30.38
-0.140.96-0.470.410.50.950.010.770.65-0.93-0.73-0.520.470.760.85-0.020.620.760.830.86-0.250.540.530.170.45
-0.450.77-0.670.090.120.87-0.370.850.63-0.97-0.71-0.80.170.720.57-0.330.610.720.590.86-0.610.750.8-0.260.72
0.5-0.170.780.710.64-0.410.9-0.68-0.30.420.420.710.15-0.410.210.78-0.36-0.41-0.1-0.25-0.61-0.6-0.740.89-0.54
-0.530.47-0.4-0.170.010.57-0.560.70.61-0.67-0.56-0.610.340.60.12-0.320.110.60.370.540.75-0.60.8-0.320.74
-0.810.41-0.46-0.2-0.110.52-0.690.610.58-0.71-0.34-0.920.140.430.1-0.470.180.430.340.530.8-0.740.8-0.430.87
0.360.230.670.890.92-0.030.85-0.370.080.030.140.450.47-0.090.530.73-0.23-0.090.30.17-0.260.89-0.32-0.43-0.25
-0.630.34-0.19-0.070.070.42-0.60.510.74-0.66-0.31-0.760.250.360.11-0.53-0.040.360.380.450.72-0.540.740.87-0.25
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Real Matters Account Relationship Matchups

Real Matters fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding88.5M84.2M77.0M72.9M65.6M67.9M
Total Assets249.7M194.3M137.0M128.7M148.0M196.5M
Short Long Term Debt Total7.9M8.0M5.9M4.1M3.7M4.7M
Other Current Liab6.6M4.3M4.3M3.2M2.9M2.7M
Total Current Liabilities27.4M27.8M17.7M14.2M12.8M18.4M
Total Stockholder Equity209.0M159.4M114.9M111.6M128.3M156.7M
Other Liab4.3M6.8M3.5M651K585.9K556.6K
Net Tangible Assets100.1M140.6M92.7M66.7M76.7M82.0M
Property Plant And Equipment Net11.4M11.1M7.0M3.8M4.4M6.1M
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 Payable19.5M21.8M11.9M9.4M10.8M16.1M
Cash129.2M60.2M46.1M42.3M48.7M65.7M
Non Current Assets Total88.1M85.3M67.3M67.4M60.7M71.4M
Non Currrent Assets Other34K(77.8M)(55.1M)813K731.7K771.3K
Other Assets19.5M8.4M7.5M12.1M10.9M10.6M
Cash And Short Term Investments129.2M60.2M46.1M42.3M48.7M65.7M
Net Receivables30.7M46.3M21.0M15.5M17.8M30.5M
Liabilities And Stockholders Equity249.7M194.3M137.0M128.7M148.0M196.5M
Non Current Liabilities Total6.8M10.1M7.0M2.9M2.6M2.5M
Other Current Assets5.1M4.0M2.6M4.8M5.5M3.3M
Other Stockholder Equity7.7M12.2M13.3M13.8M15.9M16.7M
Total Liab37.5M34.8M22.0M17.2M15.4M27.4M
Property Plant And Equipment Gross11.4M20.9M17.8M14.8M17.0M10.0M
Total Current Assets161.6M109.1M69.7M61.3M70.5M98.4M
Accumulated Other Comprehensive Income(9.8M)(5.0M)(11.0M)(9.8M)(8.8M)(9.2M)
Short Term Debt1.3M1.7M1.5M1.7M1.9M1.2M
Intangible Assets7.9M6.2M5.0M4.0M3.6M3.4M
Common Stock262.7M246.4M227.3M228.4M262.7M244.8M
Property Plant Equipment3.6M11.4M11.1M7.0M8.0M6.4M
Long Term Debt Total0.06.6M6.3M4.3M3.9M3.7M
Capital Surpluse6.4M7.7M12.2M13.6M15.7M16.5M
Capital Lease Obligations7.9M8.0M5.9M4.1M4.7M3.8M
Net Invested Capital209.0M159.4M114.9M111.6M100.4M129.0M

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

  0.67JPM JPMorgan ChasePairCorr
  0.55BOFA Bank of AmericaPairCorr
  0.46TD-PFI Toronto Dominion BankPairCorr
  0.39GOOG Alphabet CDRPairCorr
  0.35NVDA NVIDIA CDRPairCorr
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.
Pair CorrelationCorrelation Matching

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.