Rio2 Capital Expenditures vs Net Borrowings Analysis

RIO Stock

CAD 0.67 0.01 1.47%

Rio2 financial indicator trend analysis is much more than just breaking down Rio2 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rio2 is a good investment. Please check the relationship between Rio2 Capital Expenditures and its Net Borrowings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio2. 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.

Capital Expenditures vs Net Borrowings

Capital Expenditures vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rio2 Capital Expenditures account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Rio2's Capital Expenditures and Net Borrowings is -0.44. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Rio2, assuming nothing else is changed. The correlation between historical values of Rio2's Capital Expenditures and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Rio2 are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Capital Expenditures i.e., Rio2's Capital Expenditures and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Rio2 to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Rio2 operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from Rio2's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rio2 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 Rio2. 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.

Enterprise Value is likely to climb to about 32.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	293.1K	2.5M	2.6M	2.7M
Interest Income	15.3K	53.7K	188.2K	197.6K

Reconciled Depreciation Interest Income

Rio2 fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Net Receivables	Short Term Investments	Non Currrent Assets Other	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Inventory	Other Current Assets	Non Current Liabilities Total	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.49	0.97	0.74	-0.52	-0.92	0.68	0.57	0.92	0.5	0.9	0.04	0.83	0.54	0.89	0.31	-0.42	0.77	0.26	0.58	-0.37	-0.18	0.51	0.8	0.65	-0.43
Total Current Liabilities	0.49		0.62	0.76	-0.72	-0.35	0.91	0.71	0.45	0.81	0.57	0.02	0.07	0.82	0.16	0.16	0.06	0.01	0.22	0.24	-0.11	-0.44	0.7	0.0	0.47	-0.45
Total Stockholder Equity	0.97	0.62		0.76	-0.57	-0.82	0.76	0.63	0.84	0.57	0.84	0.12	0.69	0.62	0.79	0.42	-0.37	0.63	0.14	0.49	-0.43	-0.21	0.55	0.65	0.7	-0.41
Property Plant And Equipment Net	0.74	0.76	0.76		-0.57	-0.66	0.82	0.56	0.8	0.59	0.86	-0.1	0.53	0.58	0.53	0.14	-0.24	0.33	0.6	0.3	-0.17	-0.3	0.6	0.49	0.57	-0.59
Net Debt	-0.52	-0.72	-0.57	-0.57		0.53	-0.67	-0.99	-0.49	-0.9	-0.63	-0.13	-0.28	-0.91	-0.45	-0.18	0.22	-0.25	-0.28	-0.69	0.2	0.78	-0.98	-0.24	-0.41	0.4
Retained Earnings	-0.92	-0.35	-0.82	-0.66	0.53		-0.59	-0.55	-0.97	-0.48	-0.94	0.13	-0.94	-0.47	-0.89	0.0	0.41	-0.9	-0.49	-0.75	0.2	0.15	-0.51	-0.92	-0.52	0.47
Accounts Payable	0.68	0.91	0.76	0.82	-0.67	-0.59		0.66	0.68	0.8	0.74	-0.05	0.33	0.79	0.33	0.03	0.05	0.32	0.35	0.31	-0.19	-0.27	0.61	0.27	0.65	-0.53
Cash	0.57	0.71	0.63	0.56	-0.99	-0.55	0.66		0.5	0.88	0.63	0.2	0.31	0.9	0.51	0.28	-0.28	0.28	0.19	0.7	-0.24	-0.77	0.98	0.27	0.44	-0.35
Non Current Assets Total	0.92	0.45	0.84	0.8	-0.49	-0.97	0.68	0.5		0.48	0.96	-0.2	0.91	0.46	0.83	-0.02	-0.36	0.83	0.57	0.64	-0.2	-0.14	0.48	0.88	0.54	-0.56
Cash And Short Term Investments	0.5	0.81	0.57	0.59	-0.9	-0.48	0.8	0.88	0.48		0.62	0.0	0.22	0.99	0.33	0.13	0.16	0.21	0.3	0.52	-0.24	-0.66	0.82	0.17	0.43	-0.47
Common Stock Shares Outstanding	0.9	0.57	0.84	0.86	-0.63	-0.94	0.74	0.63	0.96	0.62		-0.16	0.83	0.61	0.8	0.06	-0.32	0.72	0.59	0.64	-0.24	-0.24	0.62	0.8	0.54	-0.6
Other Stockholder Equity	0.04	0.02	0.12	-0.1	-0.13	0.13	-0.05	0.2	-0.2	0.0	-0.16		-0.16	0.09	0.1	0.55	-0.21	-0.21	-0.54	-0.09	0.18	-0.28	0.18	-0.16	0.57	0.68
Total Liab	0.83	0.07	0.69	0.53	-0.28	-0.94	0.33	0.31	0.91	0.22	0.83	-0.16		0.21	0.92	-0.01	-0.42	0.93	0.49	0.68	-0.15	-0.05	0.29	1.0	0.38	-0.38
Total Current Assets	0.54	0.82	0.62	0.58	-0.91	-0.47	0.79	0.9	0.46	0.99	0.61	0.09	0.21		0.37	0.26	0.1	0.2	0.2	0.51	-0.3	-0.67	0.84	0.16	0.47	-0.42
Other Assets	0.89	0.16	0.79	0.53	-0.45	-0.89	0.33	0.51	0.83	0.33	0.8	0.1	0.92	0.37		0.33	-0.54	0.82	0.29	0.72	-0.28	-0.3	0.47	0.92	0.47	-0.27
Net Receivables	0.31	0.16	0.42	0.14	-0.18	0.0	0.03	0.28	-0.02	0.13	0.06	0.55	-0.01	0.26	0.33		-0.28	-0.17	-0.47	-0.1	-0.51	-0.31	0.23	-0.01	0.32	0.18
Short Term Investments	-0.42	0.06	-0.37	-0.24	0.22	0.41	0.05	-0.28	-0.36	0.16	-0.32	-0.21	-0.42	0.1	-0.54	-0.28		-0.35	-0.01	-0.4	0.19	0.14	-0.35	-0.43	-0.16	0.05
Non Currrent Assets Other	0.77	0.01	0.63	0.33	-0.25	-0.9	0.32	0.28	0.83	0.21	0.72	-0.21	0.93	0.2	0.82	-0.17	-0.35		0.34	0.72	-0.15	0.06	0.2	0.93	0.33	-0.34
Short Long Term Debt Total	0.26	0.22	0.14	0.6	-0.28	-0.49	0.35	0.19	0.57	0.3	0.59	-0.54	0.49	0.2	0.29	-0.47	-0.01	0.34		0.31	0.11	-0.19	0.29	0.48	0.07	-0.58
Other Current Liab	0.58	0.24	0.49	0.3	-0.69	-0.75	0.31	0.7	0.64	0.52	0.64	-0.09	0.68	0.51	0.72	-0.1	-0.4	0.72	0.31		-0.01	-0.49	0.68	0.66	0.13	-0.35
Short Term Debt	-0.37	-0.11	-0.43	-0.17	0.2	0.2	-0.19	-0.24	-0.2	-0.24	-0.24	0.18	-0.15	-0.3	-0.28	-0.51	0.19	-0.15	0.11	-0.01		0.03	-0.15	-0.15	-0.07	0.46
Inventory	-0.18	-0.44	-0.21	-0.3	0.78	0.15	-0.27	-0.77	-0.14	-0.66	-0.24	-0.28	-0.05	-0.67	-0.3	-0.31	0.14	0.06	-0.19	-0.49	0.03		-0.81	-0.03	-0.2	0.13
Other Current Assets	0.51	0.7	0.55	0.6	-0.98	-0.51	0.61	0.98	0.48	0.82	0.62	0.18	0.29	0.84	0.47	0.23	-0.35	0.2	0.29	0.68	-0.15	-0.81		0.25	0.39	-0.36
Non Current Liabilities Total	0.8	0.0	0.65	0.49	-0.24	-0.92	0.27	0.27	0.88	0.17	0.8	-0.16	1.0	0.16	0.92	-0.01	-0.43	0.93	0.48	0.66	-0.15	-0.03	0.25		0.35	-0.35
Net Tangible Assets	0.65	0.47	0.7	0.57	-0.41	-0.52	0.65	0.44	0.54	0.43	0.54	0.57	0.38	0.47	0.47	0.32	-0.16	0.33	0.07	0.13	-0.07	-0.2	0.39	0.35		0.02
Current Deferred Revenue	-0.43	-0.45	-0.41	-0.59	0.4	0.47	-0.53	-0.35	-0.56	-0.47	-0.6	0.68	-0.38	-0.42	-0.27	0.18	0.05	-0.34	-0.58	-0.35	0.46	0.13	-0.36	-0.35	0.02

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Rio2 Account Relationship Matchups

Rio2 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	72.0M	73.5M	95.7M	115.1M	143.0M	150.1M
Total Current Liabilities	3.0M	2.4M	3.7M	1.7M	835.7K	981.6K
Total Stockholder Equity	69.0M	67.1M	88.4M	81.8M	96.5M	101.4M
Property Plant And Equipment Net	48.9M	60.5M	62.6M	93.1M	39.1M	41.1M
Net Debt	(4.1M)	(2.1M)	(20.9M)	(4.0M)	(5.4M)	(5.1M)
Retained Earnings	(29.1M)	(39.2M)	(48.8M)	(51.1M)	(83.7M)	(79.5M)
Accounts Payable	3.0M	2.2M	2.8M	1.3M	1.5M	1.6M
Cash	4.1M	2.6M	21.3M	4.7M	6.0M	6.3M
Non Current Assets Total	56.9M	69.6M	72.6M	109.6M	136.5M	143.3M
Cash And Short Term Investments	14.9M	3.4M	21.4M	4.7M	6.1M	6.4M
Common Stock Shares Outstanding	139.7M	185.3M	220.2M	256.8M	258.5M	271.4M
Liabilities And Stockholders Equity	72.0M	73.5M	95.7M	115.1M	143.0M	150.1M
Other Stockholder Equity	0.56	(0.02)	1.0	9.9M	4.4M	0.95
Total Liab	3.0M	6.4M	7.3M	33.2M	46.4M	48.7M
Total Current Assets	15.1M	3.8M	23.1M	5.5M	6.5M	6.8M
Accumulated Other Comprehensive Income	6.3M	7.5M	9.9M	4.4M	10.3M	10.9M
Net Receivables	76.8K	6.4K	248.7K	364.1K	16.7K	15.8K
Short Term Investments	0.0	10.8M	830.1K	46K	60.7K	57.6K
Non Currrent Assets Other	8.0M	9.2M	9.9M	16.5M	97.4M	102.2M
Other Current Liab	7.7K	7.8K	713.4K	164.8K	636.2K	668.0K
Inventory	(27.6K)	189.8K	(388.4K)	(146K)	1.0	1.05
Other Current Assets	117.8K	217.7K	1.9M	557.3K	375.8K	405.8K
Net Tangible Assets	90.0M	65.7M	88.3M	81.8M	94.1M	63.5M
Common Stock	91.8M	98.8M	127.2M	128.5M	169.9M	178.3M
Property Plant Equipment	63.7M	59.3M	62.6M	93.1M	107.0M	56.2M
Net Invested Capital	90.2M	85.6M	88.4M	81.8M	94.1M	77.0M
Net Working Capital	15.8M	1.9M	19.4M	3.8M	4.4M	8.3M
Capital Stock	91.8M	98.8M	127.2M	128.5M	147.8M	112.6M

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