RFIL Historical Balance Sheet

RFIL Stock  USD 4.44  0.36  8.82%   
Trend analysis of RF Industries balance sheet accounts such as Property Plant And Equipment Net of 24.2 M, Retained Earnings of 7.8 M, Accounts Payable of 4.6 M or Cash of 916.6 K provides information on RF Industries' total assets, liabilities, and equity, which is the actual value of RF Industries to its prevalent stockholders. By breaking down trends over time using RF Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining RF Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RF Industries is a good buy for the upcoming year.

RF Industries Inventory

17.78 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

About RFIL Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of RF Industries at a specified time, usually calculated after every quarter, six months, or one year. RF Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RF Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RFIL currently owns. An asset can also be divided into two categories, current and non-current.

RF Industries Balance Sheet Chart

At this time, RF Industries' Non Current Assets Total are quite stable compared to the past year. Non Currrent Assets Other is expected to rise to about 2.2 M this year, although the value of Net Debt will most likely fall to (1 M).

Total Assets

Total assets refers to the total amount of RF Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in RF Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on RF Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RF Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of RF Industries, which is listed under current asset account on RF Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from RF Industries customers. The amounts must be unrestricted with restricted cash listed in a different RF Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from RF Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RF Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.At this time, RF Industries' Non Current Assets Total are quite stable compared to the past year. Non Currrent Assets Other is expected to rise to about 2.2 M this year, although the value of Net Debt will most likely fall to (1 M).
 2022 2024 2025 (projected)
Other Current Liabilities4.6M5.3M5.5M
Total Assets82.3M81.7M85.8M

RF Industries balance sheet Correlations

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0.90.680.920.431.00.590.290.8-0.630.970.81-0.640.730.230.590.920.870.340.640.950.350.350.990.87-0.81
0.690.710.550.960.40.360.880.710.260.450.330.250.730.770.810.50.70.70.610.540.350.80.40.48-0.15
0.570.570.460.910.360.160.530.520.210.420.290.190.540.990.930.380.550.40.770.420.350.80.360.49-0.21
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-0.61-0.37-0.62-0.26-0.77-0.29-0.14-0.440.46-0.72-0.840.46-0.47-0.11-0.42-0.64-0.550.06-0.41-0.65-0.81-0.15-0.21-0.74-0.52
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RF Industries Account Relationship Matchups

RF Industries balance sheet Accounts

202020212022202320242025 (projected)
Total Assets49.6M89.6M82.3M71.0M81.7M85.8M
Other Current Liab2.6M5.0M6.9M4.6M5.3M5.5M
Total Current Liabilities9.4M19.5M12.5M18.1M20.8M21.8M
Total Stockholder Equity39.6M41.9M39.8M34.1M39.2M21.3M
Property Plant And Equipment Net2.2M16.7M20.6M20.1M23.1M24.2M
Net Debt(12.4M)27.9M29.8M(839K)(964.9K)(1.0M)
Retained Earnings15.2M16.6M13.6M7.0M8.0M7.8M
Accounts Payable3.5M5.7M3.2M3.8M4.4M4.6M
Cash13.1M4.5M4.9M839K964.9K916.6K
Non Current Assets Total9M43.3M51.2M41.9M48.2M50.6M
Cash And Short Term Investments13.1M4.5M4.9M839K964.9K916.6K
Net Receivables13.5M14.8M10.3M12.1M13.9M14.6M
Common Stock Shares Outstanding10.2M10.2M10.3M10.5M12.1M9.0M
Liabilities And Stockholders Equity49.6M89.6M82.3M71.0M81.7M85.8M
Non Current Liabilities Total675K28.2M30.0M18.9M21.7M22.8M
Inventory11.2M21.1M18.7M14.7M16.9M17.8M
Other Current Assets2.9M5.8M2.1M1.4M1.6M1.1M
Other Stockholder Equity22.9M24.3M25.1M26.1M30.0M31.5M
Total Liab10.0M47.7M42.5M37.0M42.5M44.7M
Property Plant And Equipment Gross2.2M16.7M26.1M26.4M30.3M31.9M
Total Current Assets40.6M46.2M36.0M29.1M33.5M20.4M
Common Stock98K101K102K104K119.6K66.2K
Other Assets904K459K2.1M(5.0M)(4.5M)(4.2M)
Property Plant Equipment839K810K2.2M16.7M19.2M20.1M
Intangible Assets3.9M16.5M14.8M11.9M13.7M7.0M
Net Tangible Assets28.4M32.1M33.2M17.3M19.9M22.8M

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When determining whether RF Industries is a strong investment it is important to analyze RF Industries' 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 RF Industries' future performance. For an informed investment choice regarding RFIL 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 RF Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 RF Industries. If investors know RFIL 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 RF Industries 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
0.134
Earnings Share
(0.63)
Revenue Per Share
5.969
Quarterly Revenue Growth
0.076
Return On Assets
(0.02)
The market value of RF Industries is measured differently than its book value, which is the value of RFIL that is recorded on the company's balance sheet. Investors also form their own opinion of RF Industries' value that differs from its market value or its book value, called intrinsic value, which is RF Industries' 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 RF Industries' market value can be influenced by many factors that don't directly affect RF Industries' 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 RF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if RF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF Industries' 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.