Residential Property Plant And Equipment Net vs Other Current Liab 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 Property Plant And Equipment Net and its Other Current Liab 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.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Residential Secure Income Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Residential Secure's Property Plant And Equipment Net and Other Current Liab is 0.52. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab 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 Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Residential Secure Income are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., Residential Secure's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Other Current Liab

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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