Residential Other Current Liab vs Long Term Investments Analysis

RESI Stock   60.80  1.80  3.05%   
Residential Secure financial indicator trend analysis is much more than just breaking down Residential Secure Income prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Residential Secure Income is a good investment. Please check the relationship between Residential Secure Other Current Liab and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Residential Secure Income. 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.

Other Current Liab vs Long Term Investments

Other Current Liab vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Residential Secure Income Other Current Liab account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Residential Secure's Other Current Liab and Long Term Investments is -0.72. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Residential Secure Income, assuming nothing else is changed. The correlation between historical values of Residential Secure's Other Current Liab and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Residential Secure Income are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Other Current Liab i.e., Residential Secure's Other Current Liab and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Long Term Investments

Long Term Investments is an item on the asset side of Residential Secure balance sheet that represents investments Residential Secure Income intends to hold for over a year. Residential Secure Income long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Residential Secure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Residential Secure Income 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 Residential Secure Income. 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.
Selling General Administrative is likely to drop to about 1 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Cost Of Revenue16.1M16.9M19.4M18.1M
Research Development0.420.690.620.49

Residential Secure fundamental ratios Correlations

0.820.980.971.0-0.990.40.83-0.080.980.30.920.350.580.890.220.82-0.350.9-0.350.56-0.860.610.490.91-0.35
0.820.770.760.83-0.780.180.690.050.840.230.840.620.710.84-0.280.83-0.670.69-0.670.77-0.850.680.620.83-0.67
0.980.771.00.98-0.980.550.84-0.240.930.20.820.290.490.790.270.7-0.330.86-0.330.51-0.80.510.410.82-0.33
0.970.761.00.97-0.980.560.85-0.260.920.190.80.250.450.770.290.67-0.320.86-0.320.51-0.780.490.360.8-0.32
1.00.830.980.97-0.980.40.83-0.070.990.290.920.370.60.90.20.83-0.360.88-0.360.57-0.860.630.510.92-0.36
-0.99-0.78-0.98-0.98-0.98-0.43-0.830.11-0.95-0.34-0.87-0.27-0.46-0.82-0.31-0.730.29-0.920.29-0.560.83-0.53-0.39-0.850.29
0.40.180.550.560.4-0.430.51-0.930.26-0.620.03-0.1-0.080.010.16-0.010.070.10.070.05-0.01-0.02-0.110.030.07
0.830.690.840.850.83-0.830.51-0.260.790.050.70.020.210.680.350.64-0.240.66-0.240.56-0.530.680.140.69-0.24
-0.080.05-0.24-0.26-0.070.11-0.93-0.260.080.810.280.190.280.28-0.040.28-0.110.22-0.110.2-0.250.180.210.28-0.11
0.980.840.930.920.99-0.950.260.790.080.390.970.40.650.950.180.89-0.360.9-0.360.6-0.90.690.560.96-0.36
0.30.230.20.190.29-0.34-0.620.050.810.390.490.10.240.450.320.34-0.150.67-0.150.28-0.550.120.160.5-0.15
0.920.840.820.80.92-0.870.030.70.280.970.490.480.730.990.090.96-0.430.86-0.430.59-0.920.760.650.99-0.43
0.350.620.290.250.37-0.27-0.10.020.190.40.10.480.810.52-0.710.56-0.720.24-0.720.34-0.540.440.870.48-0.72
0.580.710.490.450.6-0.46-0.080.210.280.650.240.730.810.78-0.440.8-0.650.45-0.650.4-0.730.530.870.75-0.65
0.890.840.790.770.9-0.820.010.680.280.950.450.990.520.780.030.98-0.490.81-0.490.54-0.90.80.710.99-0.49
0.22-0.280.270.290.2-0.310.160.35-0.040.180.320.09-0.71-0.440.03-0.090.50.390.5-0.210.01-0.08-0.480.110.5
0.820.830.70.670.83-0.73-0.010.640.280.890.340.960.560.80.98-0.09-0.450.68-0.450.55-0.830.860.750.95-0.45
-0.35-0.67-0.33-0.32-0.360.290.07-0.24-0.11-0.36-0.15-0.43-0.72-0.65-0.490.5-0.45-0.31.0-0.350.52-0.42-0.64-0.481.0
0.90.690.860.860.88-0.920.10.660.220.90.670.860.240.450.810.390.68-0.3-0.30.54-0.880.430.360.86-0.3
-0.35-0.67-0.33-0.32-0.360.290.07-0.24-0.11-0.36-0.15-0.43-0.72-0.65-0.490.5-0.451.0-0.3-0.350.52-0.42-0.64-0.481.0
0.560.770.510.510.57-0.560.050.560.20.60.280.590.340.40.54-0.210.55-0.350.54-0.35-0.520.410.140.53-0.35
-0.86-0.85-0.8-0.78-0.860.83-0.01-0.53-0.25-0.9-0.55-0.92-0.54-0.73-0.90.01-0.830.52-0.880.52-0.52-0.54-0.69-0.920.52
0.610.680.510.490.63-0.53-0.020.680.180.690.120.760.440.530.8-0.080.86-0.420.43-0.420.41-0.540.620.76-0.42
0.490.620.410.360.51-0.39-0.110.140.210.560.160.650.870.870.71-0.480.75-0.640.36-0.640.14-0.690.620.68-0.64
0.910.830.820.80.92-0.850.030.690.280.960.50.990.480.750.990.110.95-0.480.86-0.480.53-0.920.760.68-0.48
-0.35-0.67-0.33-0.32-0.360.290.07-0.24-0.11-0.36-0.15-0.43-0.72-0.65-0.490.5-0.451.0-0.31.0-0.350.52-0.42-0.64-0.48
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Residential Secure Account Relationship Matchups

Residential Secure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets356.3M389.7M427.5M389.4M447.8M339.2M
Total Current Liabilities1.7M3.7M1.2M4.1M4.7M5.0M
Total Stockholder Equity179.6M182.4M201.4M168.7M194.0M173.1M
Retained Earnings186.3M189.0M193.1M160.4M184.5M174.1M
Accounts Payable1.7M3.7M1.2M2.3M2.7M1.9M
Cash8.5M5.7M12.7M3.2M3.7M2.5M
Non Current Assets Total331.8M372.3M406.1M376.7M433.2M319.0M
Other Assets14.6M10.1M7.9M6.0M5.4M5.1M
Net Receivables1.3M1.6M767K634K729.1K882.8K
Common Stock Shares Outstanding171.0M171.1M180.2M185.2M212.9M166.4M
Liabilities And Stockholders Equity356.3M389.7M427.5M389.4M447.8M339.2M
Total Liab176.7M207.3M226.1M220.8M253.9M166.1M
Total Current Assets9.9M7.2M13.5M6.7M7.7M8.1M
Short Long Term Debt Total170.7M199.5M221.0M213.3M245.3M187.3M
Other Current Liab(1.7M)(3.7M)(1.2M)1.8M2.0M2.1M
Net Tangible Assets185.7M179.6M182.4M201.4M231.6M205.2M
Property Plant And Equipment Net331.8M372.3M406.1M376.7M433.2M372.2M
Current Deferred Revenue770K661K797K117K105.3K100.0K
Net Debt162.1M193.9M208.3M210.1M241.6M184.4M
Cash And Short Term Investments8.5M5.7M12.7M3.2M3.7M2.9M
Non Current Liabilities Total170.7M199.5M1.2M189.0M217.4M142.5M
Inventory10.4M3.8M1.2M431K387.9K368.5K
Other Current Assets2.4M3.6M3.5M2.8M3.3M3.4M
Other Stockholder Equity(8.5M)(8.4M)6.3M6.3M7.3M7.6M
Net Invested Capital320.7M350.7M391.1M350.4M403.0M356.0M
Short Term Debt1.3M4.0M15.3M24.3M28.0M29.4M
Property Plant Equipment290.2M331.8M372.3M406.1M467.0M363.7M

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