Rectitude Free Cash Flow Per Share vs Change In Cash Analysis

RECT Stock

3.75 0.05 1.35%

Rectitude Holdings financial indicator trend analysis is much more than just breaking down Rectitude Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rectitude Holdings is a good investment. Please check the relationship between Rectitude Holdings Free Cash Flow Per Share and its Change In Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rectitude Holdings Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Free Cash Flow Per Share vs Change In Cash

Free Cash Flow Per Share vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rectitude Holdings Free Cash Flow Per Share account and Change In Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Rectitude Holdings' Free Cash Flow Per Share and Change In Cash is 0.92. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Rectitude Holdings Ltd, assuming nothing else is changed. The correlation between historical values of Rectitude Holdings' Free Cash Flow Per Share and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Rectitude Holdings Ltd are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow Per Share i.e., Rectitude Holdings' Free Cash Flow Per Share and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Change In Cash

Most indicators from Rectitude Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rectitude Holdings 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 Rectitude Holdings Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Rectitude Holdings' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.57 in 2024, whereas Tax Provision is likely to drop slightly above 770.6 K in 2024.

	2010	2022	2023	2024 (projected)
Interest Expense	119.2K	142.5K	214.5K	174.6K
Depreciation And Amortization	1.1M	522.6K	1.5M	1.1M

Interest Expense Depreciation And Amortization

Rectitude Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.92	0.9	0.99	0.16	0.98	0.37	0.9	0.0	0.67	0.97	-0.34	0.67	0.25	-0.63	0.0	0.54	0.87	0.76	-0.23	0.98	0.6	0.42	0.6	0.07	0.99
Short Long Term Debt Total	0.92		0.94	0.97	0.5	0.98	0.69	0.66	-0.33	0.33	0.99	0.0	0.33	-0.13	-0.67	0.38	0.17	0.99	0.5	0.15	0.98	0.25	0.15	0.25	0.45	0.88
Other Current Liab	0.9	0.94		0.94	0.28	0.94	0.5	0.67	-0.07	0.37	0.94	-0.22	0.37	0.04	-0.87	0.21	0.25	0.94	0.66	0.0	0.94	0.38	0.42	0.39	0.3	0.86
Total Current Liabilities	0.99	0.97	0.94		0.29	1.0	0.5	0.82	-0.12	0.54	1.0	-0.22	0.54	0.1	-0.68	0.15	0.4	0.94	0.67	-0.08	1.0	0.47	0.33	0.47	0.22	0.97
Total Stockholder Equity	0.16	0.5	0.28	0.29		0.35	0.97	-0.23	-0.97	-0.55	0.36	0.87	-0.55	-0.91	-0.01	0.98	-0.69	0.57	-0.5	0.91	0.33	-0.69	-0.74	-0.69	0.97	0.07
Property Plant And Equipment Net	0.98	0.98	0.94	1.0	0.35		0.56	0.79	-0.18	0.49	1.0	-0.16	0.49	0.04	-0.67	0.21	0.35	0.96	0.63	-0.02	1.0	0.41	0.28	0.42	0.28	0.95
Net Debt	0.37	0.69	0.5	0.5	0.97	0.56		-0.03	-0.89	-0.39	0.56	0.73	-0.39	-0.81	-0.21	0.93	-0.54	0.75	-0.28	0.81	0.54	-0.52	-0.56	-0.52	0.94	0.28
Retained Earnings	0.9	0.66	0.67	0.82	-0.23	0.79	-0.03		0.34	0.93	0.78	-0.64	0.93	0.61	-0.45	-0.41	0.85	0.57	0.89	-0.61	0.8	0.86	0.6	0.86	-0.36	0.94
Accounts Payable	0.0	-0.33	-0.07	-0.12	-0.97	-0.18	-0.89	0.34		0.6	-0.19	-0.94	0.6	0.93	-0.23	-0.94	0.72	-0.39	0.65	-0.91	-0.15	0.76	0.87	0.76	-0.91	0.08
Cash	0.67	0.33	0.37	0.54	-0.55	0.49	-0.39	0.93	0.6		0.49	-0.82	1.0	0.84	-0.24	-0.71	0.98	0.22	0.87	-0.85	0.51	0.96	0.69	0.96	-0.68	0.74
Non Current Assets Total	0.97	0.99	0.94	1.0	0.36	1.0	0.56	0.78	-0.19	0.49		-0.15	0.49	0.03	-0.67	0.22	0.34	0.96	0.62	-0.01	1.0	0.41	0.27	0.41	0.29	0.95
Long Term Debt	-0.34	0.0	-0.22	-0.22	0.87	-0.16	0.73	-0.64	-0.94	-0.82	-0.15		-0.82	-0.97	0.39	0.91	-0.88	0.09	-0.87	0.96	-0.18	-0.94	-0.95	-0.94	0.85	-0.42
Cash And Short Term Investments	0.67	0.33	0.37	0.54	-0.55	0.49	-0.39	0.93	0.6	1.0	0.49	-0.82		0.84	-0.24	-0.71	0.98	0.22	0.87	-0.85	0.51	0.96	0.69	0.96	-0.68	0.74
Net Receivables	0.25	-0.13	0.04	0.1	-0.91	0.04	-0.81	0.61	0.93	0.84	0.03	-0.97	0.84		-0.16	-0.97	0.92	-0.23	0.77	-1.0	0.06	0.93	0.84	0.92	-0.94	0.34
Common Stock Shares Outstanding	-0.63	-0.67	-0.87	-0.68	-0.01	-0.67	-0.21	-0.45	-0.23	-0.24	-0.67	0.39	-0.24	-0.16		-0.02	-0.19	-0.68	-0.67	0.11	-0.68	-0.37	-0.65	-0.38	-0.14	-0.61
Non Current Liabilities Total	0.0	0.38	0.21	0.15	0.98	0.21	0.93	-0.41	-0.94	-0.71	0.22	0.91	-0.71	-0.97	-0.02		-0.82	0.47	-0.59	0.97	0.19	-0.8	-0.74	-0.8	0.99	-0.1
Capital Lease Obligations	0.54	0.17	0.25	0.4	-0.69	0.35	-0.54	0.85	0.72	0.98	0.34	-0.88	0.98	0.92	-0.19	-0.82		0.06	0.85	-0.93	0.37	0.98	0.74	0.98	-0.79	0.63
Inventory	0.87	0.99	0.94	0.94	0.57	0.96	0.75	0.57	-0.39	0.22	0.96	0.09	0.22	-0.23	-0.68	0.47	0.06		0.42	0.25	0.95	0.15	0.1	0.16	0.54	0.82
Other Current Assets	0.76	0.5	0.66	0.67	-0.5	0.63	-0.28	0.89	0.65	0.87	0.62	-0.87	0.87	0.77	-0.67	-0.59	0.85	0.42		-0.75	0.65	0.94	0.9	0.94	-0.52	0.8
Other Stockholder Equity	-0.23	0.15	0.0	-0.08	0.91	-0.02	0.81	-0.61	-0.91	-0.85	-0.01	0.96	-0.85	-1.0	0.11	0.97	-0.93	0.25	-0.75		-0.05	-0.92	-0.81	-0.92	0.95	-0.33
Total Liab	0.98	0.98	0.94	1.0	0.33	1.0	0.54	0.8	-0.15	0.51	1.0	-0.18	0.51	0.06	-0.68	0.19	0.37	0.95	0.65	-0.05		0.44	0.3	0.44	0.26	0.96
Net Invested Capital	0.6	0.25	0.38	0.47	-0.69	0.41	-0.52	0.86	0.76	0.96	0.41	-0.94	0.96	0.93	-0.37	-0.8	0.98	0.15	0.94	-0.92	0.44		0.86	1.0	-0.76	0.67
Long Term Investments	0.42	0.15	0.42	0.33	-0.74	0.28	-0.56	0.6	0.87	0.69	0.27	-0.95	0.69	0.84	-0.65	-0.74	0.74	0.1	0.9	-0.81	0.3	0.86		0.86	-0.66	0.47
Property Plant And Equipment Gross	0.6	0.25	0.39	0.47	-0.69	0.42	-0.52	0.86	0.76	0.96	0.41	-0.94	0.96	0.92	-0.38	-0.8	0.98	0.16	0.94	-0.92	0.44	1.0	0.86		-0.75	0.67
Short Long Term Debt	0.07	0.45	0.3	0.22	0.97	0.28	0.94	-0.36	-0.91	-0.68	0.29	0.85	-0.68	-0.94	-0.14	0.99	-0.79	0.54	-0.52	0.95	0.26	-0.76	-0.66	-0.75		-0.03
Total Current Assets	0.99	0.88	0.86	0.97	0.07	0.95	0.28	0.94	0.08	0.74	0.95	-0.42	0.74	0.34	-0.61	-0.1	0.63	0.82	0.8	-0.33	0.96	0.67	0.47	0.67	-0.03

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Rectitude Free Cash Flow Per Share vs Change In Cash Analysis

Free Cash Flow Per Share vs Change In Cash

Free Cash Flow Per Share vs Change In Cash Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Change In Cash

Rectitude Holdings fundamental ratios Correlations

Rectitude Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Rectitude Stock Analysis

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Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 1.0	Net Receivables
Non Current Liabilities Total	- 0.97	Net Receivables
Net Receivables	- 0.97	Long Term Debt
Accounts Payable	- 0.97	Total Stockholder Equity
Long Term Investments	- 0.95	Long Term Debt
Short Long Term Debt	- 0.94	Net Receivables