Richardson Non Current Assets Total vs Short Term Debt Analysis

RELL Stock  USD 14.12  0.01  0.07%   
Richardson Electronics financial indicator trend analysis is much more than just breaking down Richardson Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richardson Electronics is a good investment. Please check the relationship between Richardson Electronics Non Current Assets Total and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.

Non Current Assets Total vs Short Term Debt

Non Current Assets Total vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richardson Electronics Non Current Assets Total account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Richardson Electronics' Non Current Assets Total and Short Term Debt is 0.49. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Richardson Electronics, assuming nothing else is changed. The correlation between historical values of Richardson Electronics' Non Current Assets Total and Short Term Debt 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 Richardson Electronics are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Assets Total i.e., Richardson Electronics' Non Current Assets Total and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Term Debt

Most indicators from Richardson Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richardson Electronics 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 Richardson Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.The value of Selling General Administrative is expected to slide to about 54.5 M. The value of Discontinued Operations is estimated to slide to about 878.3 K
 2021 2022 2023 2024 (projected)
Interest Expense80K47K42.3K40.2K
Depreciation And Amortization3.4M3.7M4.3M3.1M

Richardson Electronics fundamental ratios Correlations

-0.70.050.290.98-0.5-0.60.90.55-0.21-0.150.720.330.94-0.260.14-0.760.880.270.940.33-0.11-0.89-0.080.380.54
-0.70.1-0.66-0.660.030.51-0.54-0.43-0.210.15-0.35-0.39-0.710.84-0.340.95-0.75-0.28-0.64-0.56-0.180.68-0.130.190.11
0.050.1-0.250.07-0.57-0.320.030.4-0.3-0.30.48-0.030.160.21-0.68-0.070.11-0.580.25-0.46-0.27-0.210.00.06-0.07
0.29-0.66-0.250.120.480.11-0.06-0.140.580.09-0.270.80.4-0.710.66-0.540.540.680.350.860.82-0.370.6-0.45-0.38
0.98-0.660.070.12-0.58-0.680.960.63-0.29-0.190.790.150.88-0.210.04-0.730.80.120.890.18-0.29-0.84-0.210.430.59
-0.50.03-0.570.48-0.580.69-0.6-0.730.640.18-0.920.17-0.45-0.370.750.2-0.290.44-0.540.490.60.440.57-0.64-0.49
-0.60.51-0.320.11-0.680.69-0.72-0.990.470.17-0.820.2-0.430.240.420.65-0.320.26-0.550.190.430.530.49-0.16-0.12
0.9-0.540.03-0.060.96-0.6-0.720.67-0.34-0.160.77-0.050.73-0.14-0.01-0.660.620.030.760.03-0.41-0.73-0.350.450.61
0.55-0.430.4-0.140.63-0.73-0.990.67-0.5-0.140.82-0.180.39-0.16-0.48-0.590.28-0.30.54-0.23-0.42-0.51-0.470.150.1
-0.21-0.21-0.30.58-0.290.640.47-0.34-0.50.23-0.650.48-0.09-0.550.56-0.10.040.17-0.210.490.640.30.64-0.67-0.58
-0.150.15-0.30.09-0.190.180.17-0.16-0.140.23-0.24-0.02-0.190.090.160.16-0.180.21-0.160.20.20.140.14-0.12-0.11
0.72-0.350.48-0.270.79-0.92-0.820.770.82-0.65-0.24-0.130.650.11-0.57-0.480.52-0.260.72-0.31-0.55-0.68-0.540.60.51
0.33-0.39-0.030.80.150.170.2-0.05-0.180.48-0.02-0.130.51-0.30.43-0.310.610.530.50.70.76-0.340.59-0.18-0.16
0.94-0.710.160.40.88-0.45-0.430.730.39-0.09-0.190.650.51-0.260.13-0.720.980.270.960.40.02-0.890.090.350.46
-0.260.840.21-0.71-0.21-0.370.24-0.14-0.16-0.550.090.11-0.3-0.26-0.450.75-0.37-0.2-0.18-0.53-0.390.26-0.280.590.53
0.14-0.34-0.680.660.040.750.42-0.01-0.480.560.16-0.570.430.13-0.45-0.210.260.710.050.810.55-0.110.61-0.39-0.04
-0.760.95-0.07-0.54-0.730.20.65-0.66-0.59-0.10.16-0.48-0.31-0.720.75-0.21-0.73-0.18-0.71-0.41-0.070.72-0.050.160.06
0.88-0.750.110.540.8-0.29-0.320.620.280.04-0.180.520.610.98-0.370.26-0.730.350.920.530.15-0.860.240.210.34
0.27-0.28-0.580.680.120.440.260.03-0.30.170.21-0.260.530.27-0.20.71-0.180.350.240.740.63-0.310.270.040.18
0.94-0.640.250.350.89-0.54-0.550.760.54-0.21-0.160.720.50.96-0.180.05-0.710.920.240.350.0-0.910.060.340.44
0.33-0.56-0.460.860.180.490.190.03-0.230.490.2-0.310.70.4-0.530.81-0.410.530.740.350.6-0.390.68-0.38-0.12
-0.11-0.18-0.270.82-0.290.60.43-0.41-0.420.640.2-0.550.760.02-0.390.55-0.070.150.630.00.60.050.53-0.41-0.47
-0.890.68-0.21-0.37-0.840.440.53-0.73-0.510.30.14-0.68-0.34-0.890.26-0.110.72-0.86-0.31-0.91-0.390.05-0.02-0.34-0.45
-0.08-0.130.00.6-0.210.570.49-0.35-0.470.640.14-0.540.590.09-0.280.61-0.050.240.270.060.680.53-0.02-0.64-0.34
0.380.190.06-0.450.43-0.64-0.160.450.15-0.67-0.120.6-0.180.350.59-0.390.160.210.040.34-0.38-0.41-0.34-0.640.83
0.540.11-0.07-0.380.59-0.49-0.120.610.1-0.58-0.110.51-0.160.460.53-0.040.060.340.180.44-0.12-0.47-0.45-0.340.83
Click cells to compare fundamentals

Richardson Electronics Account Relationship Matchups

Richardson Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.7M156.1M179.8M198.0M192.4M174.3M
Other Current Liab8.7M4.9M4.5M3.3M6.2M11.1M
Total Current Liabilities29.2M32.0M41.2M36.6M32.0M45.5M
Total Stockholder Equity118.7M121.6M135.8M159.3M158.0M122.9M
Property Plant And Equipment Net21.1M19.6M20.2M23.3M23.4M17.5M
Net Debt(27.1M)(40.9M)(32.5M)(22.5M)(21.5M)(20.4M)
Retained Earnings54.8M53.3M68.0M87.0M83.7M45.7M
Cash30.5M43.3M35.5M25.0M24.3M34.3M
Non Current Assets Total24.1M22.4M26.6M30.0M30.8M34.4M
Non Currrent Assets Other3.4M2.6M3.2M267K209K198.6K
Cash And Short Term Investments46.5M43.3M40.5M25.0M24.3M42.5M
Net Receivables20.2M25.1M29.9M30.1M24.8M39.8M
Common Stock Shares Outstanding12.9M13.1M13.7M14.4M14.3M15.2M
Liabilities And Stockholders Equity150.7M156.1M179.8M198.0M192.4M174.3M
Non Current Liabilities Total2.9M2.5M2.8M2.1M2.5M2.3M
Inventory57.5M63.5M80.4M110.4M110.1M61.3M
Other Current Assets2.4M4.8M2.4M2.6M2.4M2.3M
Other Stockholder Equity61.7M62.7M66.3M71.0M72.7M80.7M
Total Liab32.1M34.5M44.0M38.7M34.5M32.8M
Total Current Assets126.7M133.7M153.2M168.1M161.7M192.3M
Accounts Payable17.4M17.0M24.0M23.5M15.5M26.5M
Intangible Assets2.5M2.3M2.0M1.9M1.6M1.6M
Property Plant And Equipment Gross21.1M19.6M20.2M23.3M65.5M68.8M
Accumulated Other Comprehensive Income1.5M4.9M800K615K764K802.2K
Common Stock Total Equity652K657K663K685K616.5K615.6K
Common Stock657K663K685K710K715K611.7K
Other Assets456K541K4.4M4.8M1.00.95
Property Plant Equipment21.1M19.6M20.2M23.3M21.0M16.2M
Other Liab938K1.2M851K710K639K607.1K
Current Deferred Revenue1.7M3.3M5.0M3.3M4.5M3.4M
Retained Earnings Total Equity59.7M54.8M53.3M68.0M61.2M54.1M
Net Tangible Assets116.2M119.3M133.8M157.4M141.7M112.0M
Capital Surpluse61.0M61.7M62.7M66.3M59.7M50.7M
Non Current Liabilities Other777K922K766K612K781K742.0K

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When determining whether Richardson Electronics is a strong investment it is important to analyze Richardson Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Richardson Electronics' future performance. For an informed investment choice regarding Richardson Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Richardson Electronics. If investors know Richardson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Richardson Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Dividend Share
0.24
Earnings Share
(0.05)
Revenue Per Share
13.846
Quarterly Revenue Growth
0.022
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.