RLF Income Before Tax vs Research Development Analysis

RLF Stock

0.05 0 4.55%

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

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLF AgTech Income Before Tax account and Research Development. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between RLF AgTech's Income Before Tax and Research Development is -0.7. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of RLF AgTech, assuming nothing else is changed. The correlation between historical values of RLF AgTech's Income Before Tax and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of RLF AgTech are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., RLF AgTech's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on RLF AgTech income statement and is an important metric when analyzing RLF AgTech profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Research Development

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

Tax Provision is likely to gain to about 169.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	296K	56K	213K	134.0K
Depreciation And Amortization	244K	245K	384K	208.9K

Interest Expense Depreciation And Amortization

RLF AgTech fundamental ratios Correlations

	Total Assets	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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Total Current Assets	Cash And Equivalents	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.87	0.36	0.79	0.58	0.72	-0.37	-0.81	-0.79	0.88	0.97	0.68	-0.48	0.88	0.23	-0.46	0.77	0.46	0.74	0.95	0.78	0.98	1.0	0.02	0.5	0.86
Other Current Liab	0.87		0.23	0.69	0.48	0.66	-0.26	-0.73	-0.95	0.74	0.85	0.66	-0.41	0.74	0.18	-0.62	0.71	0.18	0.62	0.8	0.84	0.91	0.89	0.24	0.41	0.74
Total Current Liabilities	0.36	0.23		-0.23	0.93	0.85	0.66	-0.81	-0.02	0.02	0.5	0.82	-0.91	0.02	0.29	-0.04	0.7	-0.18	0.73	0.16	0.14	0.27	0.31	-0.3	0.97	0.66
Total Stockholder Equity	0.79	0.69	-0.23		0.01	0.22	-0.84	-0.32	-0.79	0.94	0.63	0.19	0.0	0.94	0.09	-0.5	0.3	0.67	0.2	0.92	0.66	0.83	0.82	0.12	-0.08	0.4
Property Plant And Equipment Net	0.58	0.48	0.93	0.01		0.93	0.46	-0.92	-0.3	0.3	0.68	0.82	-0.95	0.3	0.09	-0.28	0.73	-0.03	0.81	0.4	0.37	0.48	0.53	-0.11	0.98	0.81
Current Deferred Revenue	0.72	0.66	0.85	0.22	0.93		0.32	-0.97	-0.5	0.43	0.81	0.91	-0.9	0.43	0.24	-0.48	0.81	-0.09	0.84	0.55	0.64	0.69	0.7	-0.26	0.94	0.9
Net Debt	-0.37	-0.26	0.66	-0.84	0.46	0.32		-0.22	0.45	-0.7	-0.15	0.36	-0.45	-0.7	0.15	0.26	0.22	-0.72	0.28	-0.59	-0.29	-0.4	-0.4	-0.22	0.56	0.1
Retained Earnings	-0.81	-0.73	-0.81	-0.32	-0.92	-0.97	-0.22		0.56	-0.52	-0.89	-0.94	0.85	-0.52	-0.31	0.38	-0.9	-0.07	-0.89	-0.65	-0.61	-0.77	-0.79	0.13	-0.9	-0.93
Accounts Payable	-0.79	-0.95	-0.02	-0.79	-0.3	-0.5	0.45	0.56		-0.8	-0.71	-0.49	0.3	-0.8	-0.11	0.71	-0.51	-0.27	-0.37	-0.82	-0.81	-0.86	-0.83	-0.29	-0.21	-0.55
Cash	0.88	0.74	0.02	0.94	0.3	0.43	-0.7	-0.52	-0.8		0.74	0.33	-0.28	1.0	-0.02	-0.55	0.4	0.7	0.36	0.98	0.67	0.86	0.89	0.16	0.18	0.55
Non Current Assets Total	0.97	0.85	0.5	0.63	0.68	0.81	-0.15	-0.89	-0.71	0.74		0.78	-0.54	0.74	0.25	-0.41	0.86	0.28	0.88	0.84	0.78	0.94	0.95	-0.05	0.63	0.95
Non Currrent Assets Other	0.68	0.66	0.82	0.19	0.82	0.91	0.36	-0.94	-0.49	0.33	0.78		-0.79	0.33	0.58	-0.26	0.94	-0.09	0.82	0.51	0.51	0.69	0.68	-0.22	0.85	0.82
Other Assets	-0.48	-0.41	-0.91	0.0	-0.95	-0.9	-0.45	0.85	0.3	-0.28	-0.54	-0.79		-0.28	-0.13	0.39	-0.61	0.07	-0.61	-0.36	-0.33	-0.41	-0.44	0.19	-0.95	-0.66
Cash And Short Term Investments	0.88	0.74	0.02	0.94	0.3	0.43	-0.7	-0.52	-0.8	1.0	0.74	0.33	-0.28		-0.02	-0.55	0.4	0.7	0.36	0.98	0.67	0.86	0.89	0.16	0.18	0.55
Net Receivables	0.23	0.18	0.29	0.09	0.09	0.24	0.15	-0.31	-0.11	-0.02	0.25	0.58	-0.13	-0.02		0.23	0.58	-0.08	0.26	0.17	0.04	0.32	0.26	-0.38	0.19	0.19
Common Stock Shares Outstanding	-0.46	-0.62	-0.04	-0.5	-0.28	-0.48	0.26	0.38	0.71	-0.55	-0.41	-0.26	0.39	-0.55	0.23		-0.09	0.11	-0.1	-0.49	-0.81	-0.53	-0.49	0.12	-0.24	-0.39
Inventory	0.77	0.71	0.7	0.3	0.73	0.81	0.22	-0.9	-0.51	0.4	0.86	0.94	-0.61	0.4	0.58	-0.09		0.07	0.9	0.58	0.5	0.75	0.76	-0.07	0.73	0.85
Other Current Assets	0.46	0.18	-0.18	0.67	-0.03	-0.09	-0.72	-0.07	-0.27	0.7	0.28	-0.09	0.07	0.7	-0.08	0.11	0.07		0.03	0.65	-0.03	0.38	0.45	0.39	-0.16	0.06
Total Liab	0.74	0.62	0.73	0.2	0.81	0.84	0.28	-0.89	-0.37	0.36	0.88	0.82	-0.61	0.36	0.26	-0.1	0.9	0.03		0.5	0.52	0.66	0.7	-0.09	0.8	0.94
Total Current Assets	0.95	0.8	0.16	0.92	0.4	0.55	-0.59	-0.65	-0.82	0.98	0.84	0.51	-0.36	0.98	0.17	-0.49	0.58	0.65	0.5		0.7	0.94	0.96	0.09	0.3	0.66
Cash And Equivalents	0.78	0.84	0.14	0.66	0.37	0.64	-0.29	-0.61	-0.81	0.67	0.78	0.51	-0.33	0.67	0.04	-0.81	0.5	-0.03	0.52	0.7		0.83	0.8	-0.18	0.35	0.75
Intangible Assets	0.98	0.91	0.27	0.83	0.48	0.69	-0.4	-0.77	-0.86	0.86	0.94	0.69	-0.41	0.86	0.32	-0.53	0.75	0.38	0.66	0.94	0.83		0.99	-0.01	0.42	0.81
Common Stock	1.0	0.89	0.31	0.82	0.53	0.7	-0.4	-0.79	-0.83	0.89	0.95	0.68	-0.44	0.89	0.26	-0.49	0.76	0.45	0.7	0.96	0.8	0.99		0.01	0.45	0.83
Property Plant Equipment	0.02	0.24	-0.3	0.12	-0.11	-0.26	-0.22	0.13	-0.29	0.16	-0.05	-0.22	0.19	0.16	-0.38	0.12	-0.07	0.39	-0.09	0.09	-0.18	-0.01	0.01		-0.25	-0.19
Short Long Term Debt Total	0.5	0.41	0.97	-0.08	0.98	0.94	0.56	-0.9	-0.21	0.18	0.63	0.85	-0.95	0.18	0.19	-0.24	0.73	-0.16	0.8	0.3	0.35	0.42	0.45	-0.25		0.78
Non Current Liabilities Total	0.86	0.74	0.66	0.4	0.81	0.9	0.1	-0.93	-0.55	0.55	0.95	0.82	-0.66	0.55	0.19	-0.39	0.85	0.06	0.94	0.66	0.75	0.81	0.83	-0.19	0.78

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RLF AgTech Account Relationship Matchups

RLF AgTech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1M	21.3M	18.4M	17.6M	22.7M	16.9M
Total Current Liabilities	4.0M	3.2M	1.6M	5.1M	11.8M	12.4M
Total Stockholder Equity	(514.2K)	14.5M	12.3M	8.5M	3.5M	3.4M
Property Plant And Equipment Net	1.6M	1.2M	916K	923K	5.5M	5.8M
Net Debt	190.9K	(9.8M)	(7.2M)	(2.8M)	1.6M	1.7M
Retained Earnings	(7.7M)	(10.3M)	(10.3M)	(13.5M)	(21.5M)	(20.5M)
Accounts Payable	2.7M	2.0M	448K	1.2M	3.2M	1.9M
Cash	1.1M	10.4M	8.0M	4.3M	4.5M	5.4M
Non Current Assets Total	1.6M	7.0M	7.2M	7.6M	12.9M	6.8M
Cash And Short Term Investments	1.1M	10.4M	8.0M	4.3M	4.5M	5.4M
Net Receivables	888.8K	1.3M	870K	2.5M	1.5M	1.5M
Liabilities And Stockholders Equity	6.1M	21.3M	18.4M	17.6M	22.7M	16.9M
Inventory	2.4M	2.5M	2.2M	3.2M	3.4M	2.9M
Other Current Assets	168.5K	8.4M	74K	97K	367K	348.7K
Total Liab	6.6M	6.7M	6.1M	9.2M	19.2M	9.7M
Total Current Assets	4.5M	14.2M	11.2M	10.1M	9.8M	10.0M
Accumulated Other Comprehensive Income	5.6M	5.6M	5.4M	4.8M	5.3M	4.4M
Cash And Equivalents	1.1M	2.1M	8.0M	4.3M	4.9M	3.7M
Short Term Debt	1.2M	559.4K	121K	876K	2.9M	3.0M
Intangible Assets	4.9K	5.8M	6.1M	6.5M	6.1M	4.5M
Common Stock	1.6M	19.2M	17.2M	17.2M	19.8M	14.0M
Property Plant Equipment	1.6M	1.2M	916K	923K	830.7K	883.2K

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