Reliance Cash And Short Term Investments vs Non Current Assets Total Analysis
RHFL Stock | 3.35 0.01 0.30% |
Reliance Home financial indicator trend analysis is much more than just breaking down Reliance Home Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reliance Home Finance is a good investment. Please check the relationship between Reliance Home Cash And Short Term Investments and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Home Finance. 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.
Cash And Short Term Investments vs Non Current Assets Total
Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Home Finance Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Reliance Home's Cash And Short Term Investments and Non Current Assets Total is 0.39. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Reliance Home Finance, assuming nothing else is changed. The correlation between historical values of Reliance Home's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Reliance Home Finance are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Reliance Home's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Reliance Home Finance balance sheet. This account contains Reliance Home investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Reliance Home Finance fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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.Most indicators from Reliance Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reliance Home Finance 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 Reliance Home Finance. 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 gain to about 290.5 M in 2025, whereas Tax Provision is likely to drop 0.00 in 2025.
Reliance Home fundamental ratios Correlations
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Reliance Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reliance Home fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 149.0B | 101.4B | 348.5M | 298.2M | 343.0M | 325.8M | |
Total Stockholder Equity | (529.6M) | (54.9B) | (738.3M) | (771.8M) | (694.6M) | (659.9M) | |
Other Liab | 15.2M | 14.8M | 14M | 4.5M | 4.1M | 3.8M | |
Retained Earnings | (17.9B) | (72.3B) | (13.7B) | (771.8M) | (694.6M) | (729.4M) | |
Cash | 9.7B | 26.3B | 175.4M | 4.6M | 5.3M | 5.0M | |
Other Assets | 12.5B | (100K) | (173.1M) | 298.2M | 343.0M | 325.8M | |
Long Term Debt | 129.8B | 127.1B | 869.9M | 914.1M | 1.1B | 998.7M | |
Total Liab | 149.5B | 156.4B | 1.1B | 1.1B | 1.2B | 1.2B | |
Property Plant Equipment | 448.4M | 430.1M | 422.9M | 359.7M | 413.7M | 218.1M | |
Short Term Investments | 5.8M | 927.9M | 647.6M | 116.9M | 105.2M | 100.0M | |
Intangible Assets | 26.2M | 20.6M | 12.6M | 75.2M | 86.5M | 90.8M | |
Short Long Term Debt Total | 178.3B | 179.2B | 99.3B | 914.1M | 1.1B | 998.7M | |
Total Current Liabilities | 96.1B | 112.7B | 9.5M | 4.2M | 4.8M | 4.6M | |
Net Debt | 120.0B | 92.9B | 694.5M | 909.5M | 1.0B | 993.7M | |
Non Current Assets Total | 125.7B | 69.5B | 173.1M | 21.1M | 19.0M | 18.0M | |
Non Currrent Assets Other | 101.4B | 33.5B | (175.4M) | 21.1M | 19.0M | 18.0M | |
Cash And Short Term Investments | 10.7B | 26.3B | 175.4M | 121.5M | 139.8M | 132.8M | |
Liabilities And Stockholders Equity | 149.0B | 101.4B | 348.5M | 298.2M | 343.0M | 325.8M | |
Non Current Liabilities Total | 53.4B | 43.6B | 1.1B | 1.1B | 959.3M | 911.3M | |
Other Stockholder Equity | 24.5B | 78.9B | 20.3B | (5.6B) | (6.5B) | (6.1B) | |
Total Current Assets | 23.3B | 31.9B | 348.5M | 277.2M | 318.7M | 302.8M | |
Accumulated Other Comprehensive Income | 5.9B | 5.9B | 1.5B | (771.8M) | (887.6M) | (843.2M) | |
Other Current Liab | (229.7M) | 8.4M | (9.5M) | 4.2M | 3.8M | 4.0M | |
Other Current Assets | 1.2B | 661.8M | (175.4M) | 155.6M | 140.1M | 133.1M | |
Short Term Debt | 76.4B | 82.2B | 9.5M | 914.1M | 1.1B | 998.7M | |
Long Term Debt Total | 101.1B | 102.0B | 96.9B | 99.2B | 114.1B | 88.9B | |
Net Tangible Assets | 12.5B | (2.6B) | (54.9B) | (738.3M) | (664.5M) | (631.2M) | |
Inventory | 82.5B | 53.2B | 10.0B | 4.1B | 4.8B | 4.5B | |
Short Long Term Debt | 64.8B | 76.4B | 83.5B | 9.5M | 10.9M | 10.4M | |
Net Invested Capital | 129.2B | 72.2B | 131.6M | 142.3M | 128.1M | 121.7M |
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When running Reliance Home's price analysis, check to measure Reliance Home's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Home is operating at the current time. Most of Reliance Home's value examination focuses on studying past and present price action to predict the probability of Reliance Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Home's price. Additionally, you may evaluate how the addition of Reliance Home to your portfolios can decrease your overall portfolio volatility.