Red Historical Balance Sheet

RHI Stock

4.35 0.05 1.16%

Trend analysis of Red Hill Iron balance sheet accounts such as Accounts Payable of 807.7 K, Cash of 23.6 M, Net Receivables of 210.5 M or Total Liab of 50 M provides information on Red Hill's total assets, liabilities, and equity, which is the actual value of Red Hill Iron to its prevalent stockholders. By breaking down trends over time using Red Hill 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.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Red Hill Iron 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 Red Hill Iron is a good buy for the upcoming year.

Red Hill Inventory

(190.25 Million)

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Hill Iron. 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.

About Red Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Red Hill Iron at a specified time, usually calculated after every quarter, six months, or one year. Red Hill Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Red Hill 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 Red currently owns. An asset can also be divided into two categories, current and non-current.

Red Hill Balance Sheet Chart

At this time, Red Hill's Retained Earnings are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 23.6 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 10.1 M in 2024.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Cash Net Receivables

Total Assets

Total assets refers to the total amount of Red Hill 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 Red Hill Iron 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 Red Hill balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Red Hill Iron 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 Red Hill Iron, which is listed under current asset account on Red Hill Iron balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Red Hill customers. The amounts must be unrestricted with restricted cash listed in a different Red Hill 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.

Most accounts from Red Hill's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Red Hill Iron 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 Red Hill Iron. 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.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	13.1M	269.2K	42.6M	44.8M
Total Assets	79.6M	53.9M	242.1M	254.2M

Other Current Liab Total Assets

Red Hill balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Net Receivables	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Inventory	Net Tangible Assets	Other Stockholder Equity	Short Long Term Debt Total	Non Currrent Assets Other	Short Long Term Debt
Total Assets		0.99	0.99	1.0	0.93	0.47	0.97	0.99	0.29	0.39	0.51	-0.44	1.0	0.51	0.46	0.31	0.49	0.52	1.0	-0.17	-0.97	0.83	-0.7	0.62	-0.2	-0.92
Other Current Liab	0.99		1.0	0.99	0.92	0.42	0.98	1.0	0.24	0.32	0.45	-0.39	0.99	0.46	0.41	0.28	0.43	0.47	0.99	-0.2	-0.97	0.78	-0.65	0.52	-0.19	-0.93
Total Current Liabilities	0.99	1.0		0.99	0.92	0.42	0.98	1.0	0.24	0.32	0.45	-0.39	0.99	0.46	0.41	0.27	0.43	0.47	0.99	-0.2	-0.97	0.78	-0.64	0.53	-0.19	-0.93
Total Stockholder Equity	1.0	0.99	0.99		0.93	0.49	0.96	0.99	0.3	0.4	0.53	-0.45	1.0	0.53	0.48	0.32	0.51	0.54	1.0	-0.16	-0.96	0.84	-0.72	0.64	-0.21	-0.92
Accounts Payable	0.93	0.92	0.92	0.93		0.38	0.92	0.93	0.13	0.28	0.4	-0.36	0.94	0.41	0.38	0.15	0.35	0.42	0.93	-0.02	-0.92	0.73	-0.61	0.64	-0.15	-0.87
Cash	0.47	0.42	0.42	0.49	0.38		0.24	0.41	0.33	0.3	0.31	-1.0	0.47	0.32	1.0	0.28	0.58	0.32	0.47	0.17	-0.24	0.87	-0.93	0.36	-0.2	-0.23
Net Receivables	0.97	0.98	0.98	0.96	0.92	0.24		0.98	0.2	0.31	0.45	-0.21	0.97	0.45	0.24	0.24	0.36	0.46	0.97	-0.24	-1.0	0.67	-0.51	0.57	-0.16	-0.95
Total Liab	0.99	1.0	1.0	0.99	0.93	0.41	0.98		0.24	0.32	0.46	-0.38	0.99	0.46	0.4	0.27	0.43	0.47	0.99	-0.21	-0.98	0.78	-0.64	0.53	-0.19	-0.93
Common Stock	0.29	0.24	0.24	0.3	0.13	0.33	0.2	0.24		0.9	0.86	-0.26	0.22	0.86	0.26	0.98	0.89	0.85	0.24	0.05	-0.21	0.37	-0.43	0.13	-0.41	-0.12
Property Plant Equipment	0.39	0.32	0.32	0.4	0.28	0.3	0.31	0.32	0.9		0.99	-0.24	0.33	0.99	0.24	0.89	0.81	0.98	0.34	0.1	-0.34	0.43	-0.44	0.43	-0.26	-0.16
Property Plant And Equipment Net	0.51	0.45	0.45	0.53	0.4	0.31	0.45	0.46	0.86	0.99		-0.25	0.47	1.0	0.25	0.87	0.81	1.0	0.48	0.05	-0.48	0.5	-0.49	0.5	-0.26	-0.28
Net Debt	-0.44	-0.39	-0.39	-0.45	-0.36	-1.0	-0.21	-0.38	-0.26	-0.24	-0.25		-0.44	-0.26	-1.0	-0.21	-0.53	-0.26	-0.44	-0.17	0.22	-0.85	0.92	-0.35	0.18	0.2
Retained Earnings	1.0	0.99	0.99	1.0	0.94	0.47	0.97	0.99	0.22	0.33	0.47	-0.44		0.47	0.46	0.24	0.43	0.48	1.0	-0.17	-0.97	0.83	-0.69	0.64	-0.17	-0.92
Non Current Assets Total	0.51	0.46	0.46	0.53	0.41	0.32	0.45	0.46	0.86	0.99	1.0	-0.26	0.47		0.26	0.87	0.81	1.0	0.48	0.05	-0.48	0.5	-0.5	0.5	-0.26	-0.28
Cash And Short Term Investments	0.46	0.41	0.41	0.48	0.38	1.0	0.24	0.4	0.26	0.24	0.25	-1.0	0.46	0.26		0.21	0.53	0.26	0.46	0.17	-0.24	0.86	-0.92	0.36	-0.18	-0.23
Common Stock Total Equity	0.31	0.28	0.27	0.32	0.15	0.28	0.24	0.27	0.98	0.89	0.87	-0.21	0.24	0.87	0.21		0.9	0.86	0.27	-0.03	-0.26	0.35	-0.41	0.12	-0.46	-0.12
Common Stock Shares Outstanding	0.49	0.43	0.43	0.51	0.35	0.58	0.36	0.43	0.89	0.81	0.81	-0.53	0.43	0.81	0.53	0.9		0.8	0.46	-0.05	-0.37	0.65	-0.72	0.31	-0.6	-0.28
Property Plant And Equipment Gross	0.52	0.47	0.47	0.54	0.42	0.32	0.46	0.47	0.85	0.98	1.0	-0.26	0.48	1.0	0.26	0.86	0.8		0.49	0.05	-0.49	0.51	-0.5	0.51	-0.26	-0.29
Total Current Assets	1.0	0.99	0.99	1.0	0.93	0.47	0.97	0.99	0.24	0.34	0.48	-0.44	1.0	0.48	0.46	0.27	0.46	0.49		-0.18	-0.97	0.83	-0.7	0.61	-0.19	-0.92
Other Current Assets	-0.17	-0.2	-0.2	-0.16	-0.02	0.17	-0.24	-0.21	0.05	0.1	0.05	-0.17	-0.17	0.05	0.17	-0.03	-0.05	0.05	-0.18		0.24	0.02	-0.05	0.14	0.3	0.23
Inventory	-0.97	-0.97	-0.97	-0.96	-0.92	-0.24	-1.0	-0.98	-0.21	-0.34	-0.48	0.22	-0.97	-0.48	-0.24	-0.26	-0.37	-0.49	-0.97	0.24		-0.67	0.51	-0.58	0.16	0.93
Net Tangible Assets	0.83	0.78	0.78	0.84	0.73	0.87	0.67	0.78	0.37	0.43	0.5	-0.85	0.83	0.5	0.86	0.35	0.65	0.51	0.83	0.02	-0.67		-0.97	0.63	-0.24	-0.64
Other Stockholder Equity	-0.7	-0.65	-0.64	-0.72	-0.61	-0.93	-0.51	-0.64	-0.43	-0.44	-0.49	0.92	-0.69	-0.5	-0.92	-0.41	-0.72	-0.5	-0.7	-0.05	0.51	-0.97		-0.55	0.35	0.48
Short Long Term Debt Total	0.62	0.52	0.53	0.64	0.64	0.36	0.57	0.53	0.13	0.43	0.5	-0.35	0.64	0.5	0.36	0.12	0.31	0.51	0.61	0.14	-0.58	0.63	-0.55		0.04	-0.51
Non Currrent Assets Other	-0.2	-0.19	-0.19	-0.21	-0.15	-0.2	-0.16	-0.19	-0.41	-0.26	-0.26	0.18	-0.17	-0.26	-0.18	-0.46	-0.6	-0.26	-0.19	0.3	0.16	-0.24	0.35	0.04		0.15
Short Long Term Debt	-0.92	-0.93	-0.93	-0.92	-0.87	-0.23	-0.95	-0.93	-0.12	-0.16	-0.28	0.2	-0.92	-0.28	-0.23	-0.12	-0.28	-0.29	-0.92	0.23	0.93	-0.64	0.48	-0.51	0.15

Click cells to compare fundamentals

Red Hill Account Relationship Matchups

Red Hill balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.7M	10.1M	79.6M	53.9M	242.1M	254.2M
Other Current Liab	6.0K	3.5K	13.1M	269.2K	42.6M	44.8M
Total Current Liabilities	39.7K	333.6K	13.4M	527.3K	43.6M	45.7M
Total Stockholder Equity	10.6M	9.8M	66.1M	53.3M	194.5M	204.2M
Accounts Payable	33.8K	330.1K	276.7K	258.1K	769.3K	807.7K
Cash	651.2K	92.0K	69.0M	39.3M	22.4M	23.6M
Net Receivables	21.0K	12.2K	133.4K	154.8K	200.5M	210.5M
Total Liab	39.7K	333.6K	13.5M	641.0K	47.6M	50.0M
Net Debt	(651.2K)	(92.0K)	(68.9M)	(39.0M)	(22.2M)	(21.1M)
Retained Earnings	(18.0M)	(19.6M)	34.6M	20.5M	161.3M	169.3M
Cash And Short Term Investments	651.2K	92.0K	69.0M	39.3M	22.4M	23.6M
Common Stock Shares Outstanding	57.3M	59.9M	62.7M	63.8M	64.1M	57.4M
Liabilities And Stockholders Equity	10.7M	10.1M	79.6M	53.9M	242.1M	254.2M
Total Current Assets	672.2K	104.2K	69.2M	39.4M	223.0M	234.1M
Other Current Assets	21.0K	12.2K	133.4K	154.8K	17.2K	16.3K
Inventory	(21.0K)	(12.2K)	(133.4K)	(154.8K)	(200.3M)	(190.3M)
Net Tangible Assets	10.6M	9.8M	66.1M	53.3M	61.3M	64.3M
Other Stockholder Equity	(10.1M)	(8.5M)	(65.7M)	(50.7M)	(45.6M)	(43.3M)
Non Current Liabilities Total	80.9K	33.8K	111.7K	113.7K	4.0M	4.2M
Cash And Equivalents	680.3K	126.2K	651.2K	92.0K	105.8K	100.5K
Net Invested Capital	10.6M	9.8M	66.1M	53.3M	194.5M	204.2M
Net Working Capital	632.4K	(229.3K)	55.8M	38.9M	179.4M	188.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Red Stock Analysis

When running Red Hill's price analysis, check to measure Red Hill'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 Red Hill is operating at the current time. Most of Red Hill's value examination focuses on studying past and present price action to predict the probability of Red Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Hill's price. Additionally, you may evaluate how the addition of Red Hill to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC