Real Other Current Assets vs Retained Earnings Analysis

RGF Stock  USD 0.25  0.01  3.85%   
Real Good financial indicator trend analysis is much more than just breaking down Real Good Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Good Food is a good investment. Please check the relationship between Real Good Other Current Assets and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Good Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Good Food Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Real Good's Other Current Assets and Retained Earnings is 0.71. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Real Good Food, assuming nothing else is changed. The correlation between historical values of Real Good's Other Current Assets and Retained Earnings 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 Assets of Real Good Food are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Real Good's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Real Good's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Good Food 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 Real Good Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The Real Good's current Selling General Administrative is estimated to increase to about 69.1 M, while Tax Provision is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense5.4M7.4M14.3M8.4M
Depreciation And Amortization1.1M3.2M3.7M3.9M

Real Good fundamental ratios Correlations

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0.390.060.920.540.560.570.230.47-0.120.710.320.960.310.930.66-0.020.960.190.010.090.170.130.450.19-0.15
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0.980.990.570.870.90.891.00.750.950.080.990.430.990.360.830.860.431.00.810.991.00.990.190.960.03
-0.070.06-0.110.01-0.23-0.25-0.050.480.08-0.760.0-0.14-0.050.070.070.19-0.14-0.01-0.080.05-0.04-0.05-0.150.00.03
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Real Good Account Relationship Matchups

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When determining whether Real Good Food is a strong investment it is important to analyze Real Good's 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 Real Good's future performance. For an informed investment choice regarding Real 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 Real Good Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Packaged Foods & Meats 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 Real Good. If investors know Real 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 Real Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.06)
Revenue Per Share
21.335
Quarterly Revenue Growth
0.48
Return On Assets
(0.18)
Return On Equity
(31.64)
The market value of Real Good Food is measured differently than its book value, which is the value of Real that is recorded on the company's balance sheet. Investors also form their own opinion of Real Good's value that differs from its market value or its book value, called intrinsic value, which is Real Good's 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 Real Good's market value can be influenced by many factors that don't directly affect Real Good's 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 Real Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Real Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Real Good's 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.