Ridley Property Plant Equipment vs Total Revenue Analysis

RIC Stock   2.79  0.01  0.36%   
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 Property Plant Equipment and its Total Revenue 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ridley Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ridley's Property Plant Equipment and Total Revenue is -0.26. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ridley, assuming nothing else is changed. The correlation between historical values of Ridley's Property Plant Equipment 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 Property Plant Equipment of Ridley 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 Property Plant Equipment i.e., Ridley's Property Plant Equipment and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Ridley 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 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 Expense2.4M5.1M8.2M7.1M
Depreciation And Amortization25.8M24.8M26.1M17.8M

Ridley fundamental ratios Correlations

0.610.430.830.960.94-0.220.60.650.840.730.97-0.310.730.930.890.320.560.950.970.690.940.190.890.24-0.6
0.610.570.620.450.62-0.520.790.240.410.620.61-0.520.620.410.460.140.340.50.710.380.560.580.470.24-0.27
0.430.570.790.210.52-0.820.670.250.230.620.45-0.670.620.260.20.22-0.320.420.590.420.360.620.19-0.07-0.52
0.830.620.790.70.79-0.660.620.410.740.770.79-0.570.770.740.690.130.050.830.90.490.80.540.690.26-0.59
0.960.450.210.70.89-0.030.460.620.820.580.93-0.120.580.940.930.250.630.940.880.640.910.060.930.24-0.49
0.940.620.520.790.89-0.260.730.710.660.630.96-0.360.630.780.740.360.510.870.930.750.810.170.740.06-0.65
-0.22-0.52-0.82-0.66-0.03-0.26-0.590.2-0.22-0.37-0.230.65-0.37-0.13-0.140.280.47-0.22-0.380.09-0.19-0.9-0.14-0.360.06
0.60.790.670.620.460.73-0.590.230.240.380.71-0.610.380.340.430.110.260.440.680.410.390.50.440.17-0.27
0.650.240.250.410.620.710.20.230.420.590.62-0.010.590.60.330.780.520.660.620.890.62-0.310.33-0.38-0.8
0.840.410.230.740.820.66-0.220.240.420.650.73-0.220.650.930.840.090.410.850.810.330.90.220.840.56-0.41
0.730.620.620.770.580.63-0.370.380.590.650.6-0.531.00.670.510.450.250.710.810.620.830.30.510.01-0.73
0.970.610.450.790.930.96-0.230.710.620.730.6-0.290.60.850.860.310.560.880.940.710.830.170.860.2-0.54
-0.31-0.52-0.67-0.57-0.12-0.360.65-0.61-0.01-0.22-0.53-0.29-0.53-0.13-0.12-0.030.06-0.18-0.46-0.05-0.31-0.45-0.13-0.20.44
0.730.620.620.770.580.63-0.370.380.590.651.00.6-0.530.670.510.450.250.710.810.620.830.30.510.01-0.73
0.930.410.260.740.940.78-0.130.340.60.930.670.85-0.130.670.90.240.530.940.880.560.950.130.90.36-0.49
0.890.460.20.690.930.74-0.140.430.330.840.510.86-0.120.510.90.00.530.840.820.430.850.211.00.45-0.26
0.320.140.220.130.250.360.280.110.780.090.450.31-0.030.450.240.00.290.310.320.750.29-0.420.02-0.52-0.73
0.560.34-0.320.050.630.510.470.260.520.410.250.560.060.250.530.530.290.410.470.450.52-0.370.530.12-0.2
0.950.50.420.830.940.87-0.220.440.660.850.710.88-0.180.710.940.840.310.410.910.650.940.210.840.2-0.6
0.970.710.590.90.880.93-0.380.680.620.810.810.94-0.460.810.880.820.320.470.910.680.920.30.820.24-0.64
0.690.380.420.490.640.750.090.410.890.330.620.71-0.050.620.560.430.750.450.650.680.59-0.190.43-0.48-0.74
0.940.560.360.80.910.81-0.190.390.620.90.830.83-0.310.830.950.850.290.520.940.920.590.20.850.27-0.61
0.190.580.620.540.060.17-0.90.5-0.310.220.30.17-0.450.30.130.21-0.42-0.370.210.3-0.190.20.210.460.18
0.890.470.190.690.930.74-0.140.440.330.840.510.86-0.130.510.91.00.020.530.840.820.430.850.210.47-0.26
0.240.24-0.070.260.240.06-0.360.17-0.380.560.010.2-0.20.010.360.45-0.520.120.20.24-0.480.270.460.470.38
-0.6-0.27-0.52-0.59-0.49-0.650.06-0.27-0.8-0.41-0.73-0.540.44-0.73-0.49-0.26-0.73-0.2-0.6-0.64-0.74-0.610.18-0.260.38
Click cells to compare fundamentals

Ridley Account Relationship Matchups

Ridley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets646.7M613.1M607.4M617.7M664.4M566.9M
Short Long Term Debt Total197.9M136.5M54.4M81.2M98.3M136.7M
Other Current Liab268.2M23.2M27.0M61.3M79.6M83.6M
Total Current Liabilities379.9M192.9M233.6M225.0M245.1M164.6M
Total Stockholder Equity261.6M287.5M316.0M315.4M323.1M257.1M
Property Plant And Equipment Net294.3M244.8M246.9M258.6M281.6M234.8M
Current Deferred Revenue(246.7M)(4.3M)(4.4M)(4.2M)5.0M5.2M
Net Debt147.2M83.1M22.9M38.1M64.1M83.5M
Retained Earnings36.3M60.7M87.8M99.2M105.5M110.8M
Accounts Payable165.4M169.8M206.6M159.5M155.4M120.4M
Cash45.8M39.9M27.1M43.0M34.2M35.9M
Non Current Assets Total384.5M331.6M330.0M333.9M389.4M345.0M
Non Currrent Assets Other(368.1M)(320.7M)999K2K175K183.8K
Cash And Short Term Investments45.8M39.9M27.1M43.0M34.2M35.9M
Net Receivables111.7M113.6M133.1M121.9M132.1M105.2M
Liabilities And Stockholders Equity646.7M613.1M607.4M617.7M664.4M566.9M
Non Current Liabilities Total5.2M132.6M57.7M77.3M96.2M93.7M
Inventory104.5M81.9M117.1M107.0M105.3M87.3M
Total Liab385.1M325.5M291.3M302.3M341.3M293.5M
Property Plant And Equipment Gross294.3M244.8M246.9M498.3M545.9M573.2M
Total Current Assets262.2M281.5M277.3M283.8M274.9M221.9M
Short Term Debt193M4.3M4.4M4.2M5.1M4.8M
Common Stock218.9M223.5M225.1M218.1M250.8M190.5M
Accumulated Other Comprehensive Income1.8M1.7M3.1M(1.9M)(462K)(438.9K)
Intangible Assets75.0M75.9M75.0M5.0M20.7M19.7M
Other Stockholder Equity(257.7M)(285.8M)(312.9M)(317.3M)(285.5M)(271.3M)
Other Current Assets3.8M48.3M5.3M11.8M3.3M3.2M
Other Liab518K324K325K364K292.5K277.9K
Other Assets15.3M10.9M8.2M1.3M1.2M1.1M
Long Term Debt0.0123M50M72.5M85M90.4M
Property Plant Equipment294.3M244.8M246.9M258.6M232.8M208.8M
Net Tangible Assets186.6M211.7M241.1M241.4M277.6M214.7M
Long Term Debt Total4.9M132.3M50M77.0M88.6M81.2M
Net Invested Capital454.6M410.5M366.0M387.9M408.1M425.0M

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 Ridley Stock Analysis

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