Ridley Long Term Debt vs Total Assets Analysis

RIC Stock

2.74 0.05 1.79%

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

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ridley Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Ridley's Long Term Debt and Total Assets is -0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ridley, assuming nothing else is changed. The correlation between historical values of Ridley's Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Ridley are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Ridley's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that Ridley has held for over one year. Long-term debt appears on Ridley balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ridley balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Ridley 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 Ridley 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.

Most indicators from Ridley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ridley 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 Ridley. 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.

At this time, Ridley's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 32.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.4M	5.1M	8.2M	7.1M
Depreciation And Amortization	25.8M	24.8M	26.1M	17.8M

Interest Expense Depreciation And Amortization

Ridley fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Stockholder Equity
Total Assets		0.61	0.33	0.83	0.96	0.94	-0.22	0.6	0.65	0.86	0.73	0.97	-0.31	0.73	0.93	0.89	0.32	0.56	0.95	0.97	0.69	0.94	0.19	0.89	0.24	-0.6
Short Long Term Debt Total	0.61		0.52	0.62	0.45	0.62	-0.52	0.79	0.24	0.38	0.62	0.61	-0.52	0.62	0.41	0.46	0.14	0.34	0.5	0.71	0.38	0.56	0.58	0.47	0.24	-0.27
Other Current Liab	0.33	0.52		0.76	0.14	0.41	-0.93	0.61	0.01	0.19	0.52	0.33	-0.73	0.52	0.18	0.16	-0.06	-0.44	0.34	0.48	0.13	0.29	0.75	0.16	0.13	-0.36
Total Current Liabilities	0.83	0.62	0.76		0.7	0.79	-0.66	0.62	0.41	0.76	0.77	0.79	-0.57	0.77	0.74	0.69	0.13	0.05	0.83	0.9	0.49	0.8	0.54	0.69	0.26	-0.59
Total Stockholder Equity	0.96	0.45	0.14	0.7		0.89	-0.03	0.46	0.62	0.84	0.58	0.93	-0.12	0.58	0.94	0.93	0.25	0.63	0.94	0.88	0.64	0.91	0.06	0.93	0.24	-0.49
Property Plant And Equipment Net	0.94	0.62	0.41	0.79	0.89		-0.26	0.73	0.71	0.71	0.63	0.96	-0.36	0.63	0.78	0.74	0.36	0.51	0.87	0.93	0.75	0.81	0.17	0.74	0.06	-0.65
Current Deferred Revenue	-0.22	-0.52	-0.93	-0.66	-0.03	-0.26		-0.59	0.2	-0.14	-0.37	-0.23	0.65	-0.37	-0.12	-0.14	0.28	0.47	-0.22	-0.38	0.09	-0.19	-0.9	-0.14	-0.36	0.06
Net Debt	0.6	0.79	0.61	0.62	0.46	0.73	-0.59		0.23	0.24	0.38	0.71	-0.61	0.38	0.33	0.43	0.11	0.26	0.44	0.68	0.41	0.39	0.5	0.44	0.17	-0.27
Retained Earnings	0.65	0.24	0.01	0.41	0.62	0.71	0.2	0.23		0.53	0.59	0.62	-0.01	0.59	0.61	0.33	0.78	0.52	0.66	0.62	0.89	0.62	-0.31	0.33	-0.38	-0.8
Accounts Payable	0.86	0.38	0.19	0.76	0.84	0.71	-0.14	0.24	0.53		0.65	0.77	-0.17	0.65	0.94	0.85	0.14	0.45	0.86	0.84	0.47	0.9	0.13	0.84	0.4	-0.49
Cash	0.73	0.62	0.52	0.77	0.58	0.63	-0.37	0.38	0.59	0.65		0.6	-0.53	1.0	0.67	0.51	0.45	0.25	0.71	0.81	0.62	0.83	0.3	0.51	0.01	-0.73
Non Current Assets Total	0.97	0.61	0.33	0.79	0.93	0.96	-0.23	0.71	0.62	0.77	0.6		-0.29	0.6	0.85	0.86	0.31	0.56	0.88	0.94	0.71	0.83	0.17	0.86	0.2	-0.54
Non Currrent Assets Other	-0.31	-0.52	-0.73	-0.57	-0.12	-0.36	0.65	-0.61	-0.01	-0.17	-0.53	-0.29		-0.53	-0.13	-0.12	-0.03	0.06	-0.18	-0.46	-0.05	-0.31	-0.45	-0.13	-0.2	0.44
Cash And Short Term Investments	0.73	0.62	0.52	0.77	0.58	0.63	-0.37	0.38	0.59	0.65	1.0	0.6	-0.53		0.67	0.51	0.45	0.25	0.71	0.81	0.62	0.83	0.3	0.51	0.01	-0.73
Net Receivables	0.93	0.41	0.18	0.74	0.94	0.78	-0.12	0.33	0.61	0.94	0.67	0.85	-0.13	0.67		0.9	0.24	0.53	0.94	0.88	0.57	0.95	0.13	0.9	0.35	-0.49
Common Stock Total Equity	0.89	0.46	0.16	0.69	0.93	0.74	-0.14	0.43	0.33	0.85	0.51	0.86	-0.12	0.51	0.9		0.0	0.53	0.84	0.82	0.43	0.85	0.21	1.0	0.45	-0.26
Common Stock Shares Outstanding	0.32	0.14	-0.06	0.13	0.25	0.36	0.28	0.11	0.78	0.14	0.45	0.31	-0.03	0.45	0.24	0.0		0.29	0.31	0.32	0.75	0.29	-0.42	0.02	-0.52	-0.73
Non Current Liabilities Total	0.56	0.34	-0.44	0.05	0.63	0.51	0.47	0.26	0.52	0.45	0.25	0.56	0.06	0.25	0.53	0.53	0.29		0.41	0.47	0.45	0.52	-0.37	0.53	0.12	-0.2
Inventory	0.95	0.5	0.34	0.83	0.94	0.87	-0.22	0.44	0.66	0.86	0.71	0.88	-0.18	0.71	0.94	0.84	0.31	0.41		0.91	0.65	0.94	0.21	0.84	0.2	-0.6
Total Liab	0.97	0.71	0.48	0.9	0.88	0.93	-0.38	0.68	0.62	0.84	0.81	0.94	-0.46	0.81	0.88	0.82	0.32	0.47	0.91		0.68	0.92	0.3	0.82	0.24	-0.64
Property Plant And Equipment Gross	0.69	0.38	0.13	0.49	0.64	0.75	0.09	0.41	0.89	0.47	0.62	0.71	-0.05	0.62	0.57	0.43	0.75	0.45	0.65	0.68		0.59	-0.19	0.43	-0.48	-0.74
Total Current Assets	0.94	0.56	0.29	0.8	0.91	0.81	-0.19	0.39	0.62	0.9	0.83	0.83	-0.31	0.83	0.95	0.85	0.29	0.52	0.94	0.92	0.59		0.2	0.85	0.27	-0.61
Short Term Debt	0.19	0.58	0.75	0.54	0.06	0.17	-0.9	0.5	-0.31	0.13	0.3	0.17	-0.45	0.3	0.13	0.21	-0.42	-0.37	0.21	0.3	-0.19	0.2		0.21	0.46	0.18
Common Stock	0.89	0.47	0.16	0.69	0.93	0.74	-0.14	0.44	0.33	0.84	0.51	0.86	-0.13	0.51	0.9	1.0	0.02	0.53	0.84	0.82	0.43	0.85	0.21		0.47	-0.26
Intangible Assets	0.24	0.24	0.13	0.26	0.24	0.06	-0.36	0.17	-0.38	0.4	0.01	0.2	-0.2	0.01	0.35	0.45	-0.52	0.12	0.2	0.24	-0.48	0.27	0.46	0.47		0.38
Other Stockholder Equity	-0.6	-0.27	-0.36	-0.59	-0.49	-0.65	0.06	-0.27	-0.8	-0.49	-0.73	-0.54	0.44	-0.73	-0.49	-0.26	-0.73	-0.2	-0.6	-0.64	-0.74	-0.61	0.18	-0.26	0.38

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Ridley Account Relationship Matchups

Ridley fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	646.7M	613.1M	607.4M	617.7M	664.4M	566.9M
Short Long Term Debt Total	197.9M	136.5M	54.4M	81.2M	98.3M	136.7M
Other Current Liab	268.2M	23.2M	27.0M	61.3M	9.7M	9.2M
Total Current Liabilities	379.9M	192.9M	233.6M	225.0M	245.1M	164.6M
Total Stockholder Equity	261.6M	287.5M	316.0M	315.4M	323.1M	257.1M
Property Plant And Equipment Net	294.3M	244.8M	246.9M	258.6M	281.6M	234.8M
Current Deferred Revenue	(246.7M)	(4.3M)	(4.4M)	(4.2M)	5.0M	5.2M
Net Debt	147.2M	83.1M	22.9M	38.1M	64.1M	83.5M
Retained Earnings	36.3M	60.7M	87.8M	99.2M	105.5M	110.8M
Accounts Payable	165.4M	169.8M	206.6M	159.5M	220.4M	122.4M
Cash	45.8M	39.9M	27.1M	43.0M	34.2M	35.9M
Non Current Assets Total	384.5M	331.6M	330.0M	333.9M	389.4M	345.0M
Non Currrent Assets Other	(368.1M)	(320.7M)	999K	2K	175K	183.8K
Cash And Short Term Investments	45.8M	39.9M	27.1M	43.0M	34.2M	35.9M
Net Receivables	111.7M	113.6M	133.1M	121.9M	135.4M	105.3M
Liabilities And Stockholders Equity	646.7M	613.1M	607.4M	617.7M	664.4M	566.9M
Non Current Liabilities Total	5.2M	132.6M	57.7M	77.3M	96.2M	93.7M
Inventory	104.5M	81.9M	117.1M	107.0M	105.3M	87.3M
Total Liab	385.1M	325.5M	291.3M	302.3M	341.3M	293.5M
Property Plant And Equipment Gross	294.3M	244.8M	246.9M	498.3M	545.9M	573.2M
Total Current Assets	262.2M	281.5M	277.3M	283.8M	274.9M	221.9M
Short Term Debt	193M	4.3M	4.4M	4.2M	5.1M	4.8M
Common Stock	218.9M	223.5M	225.1M	218.1M	250.8M	190.5M
Accumulated Other Comprehensive Income	1.8M	1.7M	3.1M	(1.9M)	(462K)	(438.9K)
Intangible Assets	75.0M	75.9M	75.0M	5.0M	20.7M	19.7M
Other Stockholder Equity	(257.7M)	(285.8M)	(312.9M)	(317.3M)	(285.5M)	(271.3M)
Other Current Assets	3.8M	48.3M	5.3M	11.8M	3.3M	3.2M
Other Liab	518K	324K	325K	364K	292.5K	277.9K
Other Assets	15.3M	10.9M	8.2M	1.3M	1.2M	1.1M
Long Term Debt	0.0	123M	50M	72.5M	85M	90.4M
Property Plant Equipment	294.3M	244.8M	246.9M	258.6M	232.8M	208.8M
Net Tangible Assets	186.6M	211.7M	241.1M	241.4M	277.6M	214.7M
Long Term Debt Total	4.9M	132.3M	50M	77.0M	88.6M	81.2M
Net Invested Capital	454.6M	410.5M	366.0M	387.9M	408.1M	425.0M

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