RHI Total Assets vs Total Revenue Analysis

RHIM Stock   549.95  1.60  0.29%   
RHI MAGNESITA financial indicator trend analysis is much more than just breaking down RHI MAGNESITA INDIA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RHI MAGNESITA INDIA is a good investment. Please check the relationship between RHI MAGNESITA Total Assets and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RHI MAGNESITA INDIA. 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.

Total Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RHI MAGNESITA INDIA Total Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RHI MAGNESITA's Total Assets and Total Revenue is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of RHI MAGNESITA INDIA, assuming nothing else is changed. The correlation between historical values of RHI MAGNESITA's Total Assets and Total Revenue 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 Assets of RHI MAGNESITA INDIA are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., RHI MAGNESITA's Total Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of RHI MAGNESITA 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 RHI MAGNESITA INDIA 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 Revenue

Total revenue comprises all receipts RHI MAGNESITA INDIA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from RHI MAGNESITA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RHI MAGNESITA INDIA 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 RHI MAGNESITA INDIA. 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 524.5 M in 2024, whereas Tax Provision is likely to drop slightly above 649.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense21.6M394.7M641.5M673.6M
Depreciation And Amortization338.3M709.0M1.9B2.0B

RHI MAGNESITA fundamental ratios Correlations

0.880.970.870.280.930.590.540.570.920.980.660.780.860.990.550.990.240.970.990.970.990.950.68-0.160.98
0.880.740.960.330.90.820.770.480.990.870.610.960.920.830.880.860.220.810.820.840.90.70.94-0.120.81
0.970.740.750.250.870.430.390.570.810.950.630.620.760.990.340.970.220.960.980.950.950.980.5-0.170.97
0.870.960.750.090.810.710.680.370.970.820.540.960.950.820.850.890.220.770.850.790.870.750.93-0.090.86
0.280.330.250.090.580.420.440.520.310.450.40.160.170.310.20.15-0.010.460.160.460.370.060.130.020.08
0.930.90.870.810.580.70.650.660.920.980.70.770.820.930.620.880.150.960.870.970.970.780.7-0.180.84
0.590.820.430.710.420.70.90.450.780.620.450.810.640.550.830.55-0.070.560.510.560.650.350.83-0.230.49
0.540.770.390.680.440.650.90.420.730.580.440.790.630.490.790.510.010.510.460.50.590.310.790.210.45
0.570.480.570.370.520.660.450.420.50.630.940.390.40.580.230.51-0.060.640.510.60.590.460.29-0.110.48
0.920.990.810.970.310.920.780.730.50.910.630.950.930.890.820.910.230.860.880.890.940.770.9-0.140.87
0.980.870.950.820.450.980.620.580.630.910.70.750.830.980.540.950.240.990.950.990.990.890.65-0.150.92
0.660.610.630.540.40.70.450.440.940.630.70.540.50.640.370.610.140.670.60.670.660.560.44-0.060.59
0.780.960.620.960.160.770.810.790.390.950.750.540.90.720.920.780.170.680.730.70.80.610.98-0.050.74
0.860.920.760.950.170.820.640.630.40.930.830.50.90.830.780.870.150.790.840.80.870.740.86-0.040.84
0.990.830.990.820.310.930.550.490.580.890.980.640.720.830.480.980.210.980.990.980.990.950.61-0.20.97
0.550.880.340.850.20.620.830.790.230.820.540.370.920.780.480.540.150.450.470.490.590.310.97-0.070.48
0.990.860.970.890.150.880.550.510.510.910.950.610.780.870.980.540.230.941.00.940.970.970.69-0.171.0
0.240.220.220.22-0.010.15-0.070.01-0.060.230.240.140.170.150.210.150.230.130.250.250.190.260.150.180.24
0.970.810.960.770.460.960.560.510.640.860.990.670.680.790.980.450.940.130.940.990.980.90.57-0.190.91
0.990.820.980.850.160.870.510.460.510.880.950.60.730.840.990.471.00.250.940.940.960.980.63-0.190.99
0.970.840.950.790.460.970.560.50.60.890.990.670.70.80.980.490.940.250.990.940.980.890.6-0.20.91
0.990.90.950.870.370.970.650.590.590.940.990.660.80.870.990.590.970.190.980.960.980.90.71-0.210.94
0.950.70.980.750.060.780.350.310.460.770.890.560.610.740.950.310.970.260.90.980.890.90.48-0.160.98
0.680.940.50.930.130.70.830.790.290.90.650.440.980.860.610.970.690.150.570.630.60.710.48-0.070.64
-0.16-0.12-0.17-0.090.02-0.18-0.230.21-0.11-0.14-0.15-0.06-0.05-0.04-0.2-0.07-0.170.18-0.19-0.19-0.2-0.21-0.16-0.07-0.17
0.980.810.970.860.080.840.490.450.480.870.920.590.740.840.970.481.00.240.910.990.910.940.980.64-0.17
Click cells to compare fundamentals

RHI MAGNESITA Account Relationship Matchups

RHI MAGNESITA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B12.6B16.7B58.9B51.2B53.7B
Total Current Liabilities1.5B3.9B6.1B25.3B8.8B9.3B
Total Stockholder Equity4.3B8.1B10.3B28.9B38.5B40.4B
Net Debt(440.1M)(930.0M)25.0M12.7B4.4B4.6B
Retained Earnings3.3B6.2B8.5B3.4B2.1B2.6B
Accounts Payable2.4B3.5B5.3B8.4B5.8B6.1B
Cash1.1B1.6B622.1M3.2B500.3M760.2M
Cash And Short Term Investments1.2B1.6B628.1M3.3B507.9M945.7M
Liabilities And Stockholders Equity5.8B12.6B16.7B58.9B51.2B53.7B
Total Liab1.5B4.5B6.5B29.1B12.7B13.3B
Total Current Assets4.4B9.6B13.4B25.6B22.0B23.1B
Other Current Liab342.9M426.0M90.7M4.0B1.7B1.8B
Property Plant And Equipment Net1.4B2.9B3.1B9.2B9.3B9.7B
Current Deferred Revenue76.6M375.8M418.3M3.8B(16.6M)(15.7M)
Non Current Assets Total1.4B3.0B3.4B33.4B29.2B30.6B
Non Currrent Assets Other(2.4B)118.4M286.5M325.4M292.1M306.7M
Net Receivables3.9B4.3B6.4B10.4B10.7B11.2B
Non Current Liabilities Total12.6M626.8M394.0M3.8B3.9B4.0B
Inventory1.3B3.5B6.1B9.6B9.1B9.5B
Other Current Assets425.2M576.8M787.9M2.2B1.7B1.8B
Short Term Debt130.0M7.0M267.8M12.6B1.3B1.2B
Short Term Investments10M15M6M110.1M7.6M7.2M
Intangible Assets972K36.6M56.3M10.9B10.7B11.2B
Other Liab7.3M9.9M14.7M556.6M640.1M672.1M
Net Tangible Assets7.0B8.0B10.2B5.2B5.9B6.9B
Other Assets91.6M138.1M198.8M341.7M1.00.95
Net Invested Capital4.3B8.7B10.9B43.8B42.1B44.2B
Non Current Liabilities Other7.3M9.9M14.7M15.8M19.1M12.6M
Net Working Capital2.9B5.7B7.3B286.2M13.1B13.8B
Property Plant Equipment2.4B2.9B3.1B9.2B10.6B11.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for RHI Stock Analysis

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