RFIL Total Stockholder Equity vs Net Receivables Analysis
RFIL Stock | USD 4.07 0.07 1.69% |
RF Industries financial indicator trend analysis is much more than just breaking down RF Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RF Industries is a good investment. Please check the relationship between RF Industries Total Stockholder Equity and its Net Receivables accounts. 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.
Total Stockholder Equity vs Net Receivables
Total Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RF Industries Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between RF Industries' Total Stockholder Equity and Net Receivables is 0.86. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of RF Industries, assuming nothing else is changed. The correlation between historical values of RF Industries' Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of RF Industries are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., RF Industries' Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Net Receivables
Most indicators from RF Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 57 M this year, although the value of Discontinued Operations is projected to rise to (153.9 K).
2021 | 2023 | 2024 (projected) | Interest Expense | 601K | 691.2K | 661.3K | Depreciation And Amortization | 1.7M | 2.8M | 2.9M |
RF Industries fundamental ratios Correlations
Click cells to compare fundamentals
RF Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RF Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.8M | 49.6M | 89.6M | 87.2M | 100.3M | 105.3M | |
Other Current Liab | 2.6M | 5.0M | 6.9M | 3.6M | 4.1M | 4.3M | |
Total Current Liabilities | 6.7M | 9.4M | 19.5M | 12.5M | 14.4M | 15.1M | |
Total Stockholder Equity | 32.1M | 39.6M | 41.9M | 39.8M | 45.7M | 48.0M | |
Property Plant And Equipment Net | 2.2M | 2.2M | 16.7M | 20.6M | 23.7M | 24.9M | |
Net Debt | (12.4M) | (12.4M) | 27.9M | 29.8M | 34.3M | 36.0M | |
Retained Earnings | 9.0M | 15.2M | 16.6M | 13.6M | 15.6M | 7.8M | |
Accounts Payable | 1.5M | 3.5M | 5.7M | 3.2M | 3.7M | 3.9M | |
Cash | 15.8M | 13.1M | 4.5M | 4.9M | 5.6M | 6.5M | |
Non Current Assets Total | 10.0M | 9M | 43.3M | 51.2M | 58.9M | 61.8M | |
Cash And Short Term Investments | 15.8M | 13.1M | 4.5M | 4.9M | 5.6M | 7.4M | |
Net Receivables | 5.7M | 13.5M | 14.8M | 10.3M | 11.8M | 12.4M | |
Common Stock Shares Outstanding | 9.7M | 10.2M | 10.2M | 10.3M | 11.8M | 8.9M | |
Liabilities And Stockholders Equity | 40.8M | 49.6M | 89.6M | 87.2M | 100.3M | 105.3M | |
Non Current Liabilities Total | 2.1M | 675K | 28.2M | 35.0M | 40.2M | 42.2M | |
Inventory | 8.6M | 11.2M | 21.1M | 18.7M | 21.5M | 22.6M | |
Other Current Assets | 813K | 2.9M | 5.8M | 2.1M | 2.5M | 2.6M | |
Other Stockholder Equity | 22.9M | 24.3M | 25.1M | 26.1M | 30.0M | 31.5M | |
Total Liab | 8.8M | 10.0M | 47.7M | 47.5M | 54.6M | 57.3M | |
Property Plant And Equipment Gross | 2.2M | 2.2M | 16.7M | 26.1M | 30.0M | 31.5M | |
Total Current Assets | 30.9M | 40.6M | 46.2M | 36.0M | 41.4M | 43.5M | |
Common Stock | 98K | 101K | 102K | 104K | 119.6K | 66.2K | |
Other Assets | 904K | 459K | 2.1M | 1.0 | 1.15 | 1.09 | |
Property Plant Equipment | 839K | 810K | 2.2M | 16.7M | 19.2M | 20.1M | |
Intangible Assets | 4.4M | 3.9M | 16.5M | 14.8M | 17.0M | 17.8M | |
Net Tangible Assets | 28.4M | 32.1M | 33.2M | 17.3M | 19.9M | 22.8M |
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Try AI Portfolio ArchitectCheck 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 (0.69) | 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.