RFACU Non Current Assets Total vs Operating Income Analysis

RFACU Stock  USD 11.29  0.00  0.00%   
Rf Acquisition financial indicator trend analysis is much more than just breaking down Rf Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rf Acquisition Corp is a good investment. Please check the relationship between Rf Acquisition Non Current Assets Total and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rf Acquisition Corp. 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.

Non Current Assets Total vs Operating Income

Non Current Assets Total vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rf Acquisition Corp Non Current Assets Total account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Rf Acquisition's Non Current Assets Total and Operating Income is -0.56. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Operating Income in the same time period over historical financial statements of Rf Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Rf Acquisition's Non Current Assets Total and Operating Income 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 Rf Acquisition Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Non Current Assets Total i.e., Rf Acquisition's Non Current Assets Total and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Operating Income

Operating Income is the amount of profit realized from Rf Acquisition Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rf Acquisition Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Rf Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rf Acquisition Corp 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 Rf Acquisition Corp. 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.
Selling General Administrative is likely to gain to about 672.6 K in 2024, whereas Tax Provision is likely to drop slightly above 339.5 K in 2024.

Rf Acquisition fundamental ratios Correlations

0.390.380.430.970.840.41-0.37-0.651.00.34-0.520.43-0.980.430.970.391.0-0.380.391.00.3-0.35
0.390.910.920.30.811.0-0.93-0.910.390.91-0.920.92-0.350.920.311.00.4-0.931.00.40.99-0.92
0.380.911.00.20.810.92-1.0-0.950.381.0-0.991.0-0.271.00.210.910.38-1.00.910.380.95-1.0
0.430.921.00.250.840.92-1.0-0.960.421.0-0.991.0-0.321.00.260.920.43-1.00.920.430.95-1.0
0.970.30.20.250.740.3-0.19-0.510.970.16-0.350.26-1.00.251.00.30.97-0.210.30.970.17-0.18
0.840.810.810.840.740.82-0.81-0.960.840.79-0.890.84-0.780.840.750.810.84-0.810.810.840.76-0.79
0.411.00.920.920.30.82-0.94-0.910.40.91-0.930.92-0.360.920.321.00.41-0.941.00.410.99-0.92
-0.37-0.93-1.0-1.0-0.19-0.81-0.940.94-0.36-1.00.99-1.00.26-1.0-0.21-0.93-0.371.0-0.93-0.37-0.961.0
-0.65-0.91-0.95-0.96-0.51-0.96-0.910.94-0.65-0.930.99-0.960.56-0.96-0.52-0.91-0.650.95-0.91-0.65-0.90.94
1.00.390.380.420.970.840.4-0.36-0.650.34-0.520.43-0.980.420.970.391.0-0.370.391.00.29-0.35
0.340.911.01.00.160.790.91-1.0-0.930.34-0.981.0-0.231.00.170.910.34-1.00.910.340.95-1.0
-0.52-0.92-0.99-0.99-0.35-0.89-0.930.990.99-0.52-0.98-0.990.42-0.99-0.37-0.92-0.520.99-0.92-0.52-0.940.98
0.430.921.01.00.260.840.92-1.0-0.960.431.0-0.99-0.331.00.270.920.43-1.00.920.430.95-1.0
-0.98-0.35-0.27-0.32-1.0-0.78-0.360.260.56-0.98-0.230.42-0.33-0.32-1.0-0.35-0.980.27-0.35-0.98-0.230.24
0.430.921.01.00.250.840.92-1.0-0.960.421.0-0.991.0-0.320.260.920.43-1.00.920.430.95-1.0
0.970.310.210.261.00.750.32-0.21-0.520.970.17-0.370.27-1.00.260.310.97-0.220.310.970.18-0.19
0.391.00.910.920.30.811.0-0.93-0.910.390.91-0.920.92-0.350.920.310.4-0.931.00.40.99-0.92
1.00.40.380.430.970.840.41-0.37-0.651.00.34-0.520.43-0.980.430.970.4-0.380.41.00.3-0.35
-0.38-0.93-1.0-1.0-0.21-0.81-0.941.00.95-0.37-1.00.99-1.00.27-1.0-0.22-0.93-0.38-0.93-0.38-0.971.0
0.391.00.910.920.30.811.0-0.93-0.910.390.91-0.920.92-0.350.920.311.00.4-0.930.40.99-0.92
1.00.40.380.430.970.840.41-0.37-0.651.00.34-0.520.43-0.980.430.970.41.0-0.380.40.3-0.35
0.30.990.950.950.170.760.99-0.96-0.90.290.95-0.940.95-0.230.950.180.990.3-0.970.990.3-0.96
-0.35-0.92-1.0-1.0-0.18-0.79-0.921.00.94-0.35-1.00.98-1.00.24-1.0-0.19-0.92-0.351.0-0.92-0.35-0.96
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Rf Acquisition Account Relationship Matchups

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