RILYZ Short Term Investments vs Accounts Payable Analysis

RILYZ Stock  USD 10.07  0.07  0.69%   
B Riley financial indicator trend analysis is way more than just evaluating B Riley Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B Riley Financial is a good investment. Please check the relationship between B Riley Short Term Investments and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Short Term Investments vs Accounts Payable

Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B Riley Financial Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between B Riley's Short Term Investments and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of B Riley Financial, assuming nothing else is changed. The correlation between historical values of B Riley's Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of B Riley Financial are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Investments i.e., B Riley's Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of B Riley balance sheet. It contains any investments B Riley Financial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that B Riley Financial can easily liquidate in the marketplace.

Accounts Payable

An accounting item on the balance sheet that represents B Riley obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of B Riley Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from B Riley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B Riley Financial 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 B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, B Riley's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 41.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.44 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense92.5M141.2M187.0M196.4M
Depreciation And Amortization1.0B1.0B49.6M47.1M

B Riley fundamental ratios Correlations

0.240.730.690.99-0.270.930.75-0.340.930.660.990.630.91.00.96-0.150.990.960.780.950.73-0.010.950.68-0.49
0.240.390.140.34-0.040.050.35-0.160.05-0.030.210.150.120.240.20.320.230.390.140.260.4-0.540.370.60.05
0.730.390.80.70.320.770.980.290.770.650.640.920.530.690.81-0.050.720.650.240.650.270.150.70.48-0.25
0.690.140.80.630.40.70.850.30.70.770.610.820.60.640.77-0.170.660.620.370.590.140.180.650.16-0.21
0.990.340.70.63-0.320.870.71-0.420.870.590.990.570.870.990.94-0.070.990.980.820.950.78-0.10.960.74-0.48
-0.27-0.040.320.4-0.32-0.170.30.87-0.170.1-0.390.51-0.46-0.34-0.050.13-0.31-0.36-0.55-0.42-0.780.13-0.31-0.580.26
0.930.050.770.70.87-0.170.78-0.161.00.790.910.680.850.920.92-0.350.930.840.620.890.580.240.860.55-0.55
0.750.350.980.850.710.30.780.310.780.70.660.890.590.710.8-0.070.740.680.270.680.290.220.720.48-0.24
-0.34-0.160.290.3-0.420.87-0.160.31-0.160.14-0.450.43-0.41-0.4-0.170.02-0.37-0.44-0.68-0.42-0.740.41-0.36-0.520.3
0.930.050.770.70.87-0.171.00.78-0.160.790.910.680.850.920.92-0.350.930.840.620.890.580.240.860.55-0.55
0.66-0.030.650.770.590.10.790.70.140.790.620.580.610.640.67-0.580.660.630.480.680.280.430.70.17-0.56
0.990.210.640.610.99-0.390.910.66-0.450.910.620.520.911.00.93-0.150.990.970.840.960.79-0.030.950.7-0.51
0.630.150.920.820.570.510.680.890.430.680.580.520.420.570.79-0.010.590.480.090.450.020.080.510.19-0.17
0.90.120.530.60.87-0.460.850.59-0.410.850.610.910.420.910.81-0.290.890.860.730.890.780.050.860.65-0.4
1.00.240.690.640.99-0.340.920.71-0.40.920.641.00.570.910.94-0.151.00.970.810.960.77-0.020.950.7-0.51
0.960.20.810.770.94-0.050.920.8-0.170.920.670.930.790.810.94-0.120.940.880.660.850.55-0.060.870.53-0.46
-0.150.32-0.05-0.17-0.070.13-0.35-0.070.02-0.35-0.58-0.15-0.01-0.29-0.15-0.12-0.15-0.11-0.15-0.23-0.13-0.41-0.160.10.55
0.990.230.720.660.99-0.310.930.74-0.370.930.660.990.590.891.00.94-0.150.970.80.970.750.040.960.71-0.5
0.960.390.650.620.98-0.360.840.68-0.440.840.630.970.480.860.970.88-0.110.970.870.970.81-0.080.990.73-0.5
0.780.140.240.370.82-0.550.620.27-0.680.620.480.840.090.730.810.66-0.150.80.870.850.77-0.080.840.53-0.53
0.950.260.650.590.95-0.420.890.68-0.420.890.680.960.450.890.960.85-0.230.970.970.850.820.130.980.75-0.54
0.730.40.270.140.78-0.780.580.29-0.740.580.280.790.020.780.770.55-0.130.750.810.770.82-0.170.770.87-0.43
-0.01-0.540.150.18-0.10.130.240.220.410.240.43-0.030.080.05-0.02-0.06-0.410.04-0.08-0.080.13-0.170.03-0.12-0.11
0.950.370.70.650.96-0.310.860.72-0.360.860.70.950.510.860.950.87-0.160.960.990.840.980.770.030.71-0.51
0.680.60.480.160.74-0.580.550.48-0.520.550.170.70.190.650.70.530.10.710.730.530.750.87-0.120.71-0.22
-0.490.05-0.25-0.21-0.480.26-0.55-0.240.3-0.55-0.56-0.51-0.17-0.4-0.51-0.460.55-0.5-0.5-0.53-0.54-0.43-0.11-0.51-0.22
Click cells to compare fundamentals

B Riley Account Relationship Matchups

B Riley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.7B5.9B6.1B6.1B6.4B
Other Current Liab41.8M66.6M(60.2M)338.1M(14.8M)(14.0M)
Total Current Liabilities204.1M253.9M569.0M639.0M116.1M151.3M
Total Stockholder Equity360.7M512.6M661.3M446.5M291.1M239.1M
Net Debt762.7M957.5M1.8B2.3B2.2B2.3B
Retained Earnings39.5M203.1M248.9M(45.2M)(281.3M)(267.2M)
Cash104.3M103.6M278.9M268.6M232.0M243.6M
Non Current Assets Total1.8B2.0B4.2B4.9B1.0B1.2B
Cash And Short Term Investments104.3M103.6M278.9M268.6M232.0M243.6M
Common Stock Shares Outstanding27.5M26.5M29.0M28.2M29.3M15.8M
Liabilities And Stockholders Equity2.3B2.7B5.9B6.1B6.1B6.4B
Non Current Liabilities Total1.7B1.9B4.2B4.8B5.6B5.9B
Other Current Assets81.8M87.3M360.9M194.4M26.7M25.4M
Other Stockholder Equity283.6M107.2M413.5M494.2M572.2M600.8M
Total Liab1.9B2.1B4.8B5.4B5.7B6.0B
Total Current Assets516.0M637.6M1.7B1.2B1.1B1.2B
Short Long Term Debt Total896.1M1.1B2.1B2.5B2.5B2.6B
Property Plant And Equipment Net60.5M60.5M69.8M115.7M112.8M118.5M
Net Receivables302.1M445.3M121.9M265.3M751.8M789.4M
Good Will223.7M227.0M250.6M512.6M472.3M495.9M
Inventory27.8M1.4M927K101.7M110.5M116.0M
Accumulated Other Comprehensive Income(2.0M)(823K)(1.1M)(2.5M)229K240.5K
Short Term Debt90.6M115.9M357K127.7M8.6M8.2M
Intangible Assets220.5M190.7M207.7M374.1M322.0M338.1M
Accounts Payable4.5M2.7M6.3M81.4M44.6M46.8M
Current Deferred Revenue67.1M68.7M69.5M85.4M71.5M45.4M
Other Assets1.5B1.9B3.1M3.3M3.9B4.1B
Short Term Investments451.6M777.3M1.5B1.1B1.1B603.5M
Property Plant Equipment15.5M60.5M11.7M12.9M14.8M16.5M
Capital Surpluse258.6M323.1M310.3M413.5M475.5M286.6M
Long Term Debt540.5M805.4M983.0M2.0B2.2B2.4B
Long Term Debt Total540.5M805.4M983.0M2.0B2.2B2.4B

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