RLX Other Assets vs Total Assets Analysis

RLX Stock  USD 1.78  0.04  2.20%   
RLX Technology financial indicator trend analysis is much more than just breaking down RLX Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLX Technology is a good investment. Please check the relationship between RLX Technology Other Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.

Other Assets vs Total Assets

Other Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Other Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between RLX Technology's Other Assets and Total Assets is 0.75. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of RLX Technology, assuming nothing else is changed. The correlation between historical values of RLX Technology's Other Assets 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 Other Assets of RLX Technology 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 Other Assets i.e., RLX Technology's Other Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Total Assets

Total assets refers to the total amount of RLX Technology 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 RLX Technology 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 RLX Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLX Technology 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 RLX Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.Sales General And Administrative To Revenue is likely to rise to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 17.3 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization113.5M164.5M96.6M82.6M
Interest Income166.6M317.3M627.9M659.3M

RLX Technology fundamental ratios Correlations

0.110.650.580.990.940.80.51-0.840.890.450.840.840.750.980.6-0.44-0.80.030.950.760.670.860.990.560.99
0.110.30.270.050.020.520.16-0.10.00.30.130.0-0.040.110.260.060.010.990.030.510.420.070.060.450.05
0.650.30.970.550.540.910.94-0.780.430.940.790.390.250.720.36-0.24-0.450.210.580.920.950.810.580.960.55
0.580.270.970.490.410.850.99-0.750.270.980.780.220.070.670.17-0.03-0.270.170.450.870.930.770.510.980.49
0.990.050.550.490.940.720.41-0.790.910.340.790.850.780.960.59-0.44-0.81-0.020.950.680.570.820.990.461.0
0.940.020.540.410.940.70.33-0.790.990.280.750.960.890.90.77-0.71-0.95-0.031.00.660.560.80.920.380.94
0.80.520.910.850.720.70.76-0.850.610.780.850.550.410.840.5-0.31-0.60.430.731.00.950.790.740.890.72
0.510.160.940.990.410.330.76-0.680.20.980.710.160.020.60.10.02-0.20.060.380.790.860.730.440.940.41
-0.84-0.1-0.78-0.75-0.79-0.79-0.85-0.68-0.68-0.67-0.99-0.62-0.44-0.89-0.440.420.67-0.01-0.82-0.85-0.87-0.85-0.78-0.71-0.79
0.890.00.430.270.910.990.610.2-0.680.140.630.990.950.830.81-0.75-0.97-0.030.980.550.430.730.890.250.91
0.450.30.940.980.340.280.780.98-0.670.140.70.11-0.040.540.140.0-0.150.210.330.810.90.710.360.970.34
0.840.130.790.780.790.750.850.71-0.990.630.70.570.380.890.37-0.32-0.60.030.790.850.880.850.780.750.79
0.840.00.390.220.850.960.550.16-0.620.990.110.570.970.750.88-0.82-0.96-0.030.950.490.380.720.820.210.85
0.75-0.040.250.070.780.890.410.02-0.440.95-0.040.380.970.640.86-0.79-0.92-0.050.870.350.20.60.750.060.78
0.980.110.720.670.960.90.840.6-0.890.830.540.890.750.640.48-0.36-0.760.020.920.830.750.840.970.640.96
0.60.260.360.170.590.770.50.1-0.440.810.140.370.880.860.48-0.88-0.810.260.740.430.350.640.530.220.59
-0.440.06-0.24-0.03-0.44-0.71-0.310.020.42-0.750.0-0.32-0.82-0.79-0.36-0.880.840.05-0.69-0.27-0.23-0.48-0.39-0.01-0.44
-0.80.01-0.45-0.27-0.81-0.95-0.6-0.20.67-0.97-0.15-0.6-0.96-0.92-0.76-0.810.840.04-0.94-0.56-0.46-0.66-0.8-0.24-0.81
0.030.990.210.17-0.02-0.030.430.06-0.01-0.030.210.03-0.03-0.050.020.260.050.04-0.030.420.33-0.01-0.020.36-0.02
0.950.030.580.450.951.00.730.38-0.820.980.330.790.950.870.920.74-0.69-0.94-0.030.690.60.820.930.420.95
0.760.510.920.870.680.661.00.79-0.850.550.810.850.490.350.830.43-0.27-0.560.420.690.970.760.710.910.68
0.670.420.950.930.570.560.950.86-0.870.430.90.880.380.20.750.35-0.23-0.460.330.60.970.770.590.940.57
0.860.070.810.770.820.80.790.73-0.850.730.710.850.720.60.840.64-0.48-0.66-0.010.820.760.770.780.730.82
0.990.060.580.510.990.920.740.44-0.780.890.360.780.820.750.970.53-0.39-0.8-0.020.930.710.590.780.480.99
0.560.450.960.980.460.380.890.94-0.710.250.970.750.210.060.640.22-0.01-0.240.360.420.910.940.730.480.46
0.990.050.550.491.00.940.720.41-0.790.910.340.790.850.780.960.59-0.44-0.81-0.020.950.680.570.820.990.46
Click cells to compare fundamentals

RLX Technology Account Relationship Matchups

RLX Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B4.1B16.4B16.4B16.3B10.0B
Short Long Term Debt Total738.8M94.5M184.8M85.9M53.9M51.2M
Other Current Liab419.6M1.2B1.3B506.5M403.1M716.3M
Total Current Liabilities619.9M2.5B2.7B789.8M668.7M635.2M
Total Stockholder Equity106.3M1.5B13.5B15.6B15.6B8.5B
Net Tangible Assets100.9M1.5B13.5B15.6B17.9B18.8B
Property Plant And Equipment Net176.5M166.2M319.4M162.9M129.9M175.2M
Current Deferred Revenue18.4M320.4M286.7M75.2M49.6M47.1M
Net Debt(42.8M)(1.0B)(5.0B)(1.2B)(2.3B)(2.5B)
Retained Earnings46.5M(81.6M)1.9B3.3B3.8B4.0B
Accounts Payable150.5M535.8M506.1M52.5M109.4M103.9M
Cash135.5M1.1B5.2B1.3B2.4B1.9B
Non Current Assets Total261.2M193.0M2.4B5.2B7.3B7.7B
Other Assets94.2M17.4M69.8M3.5B4.0B4.2B
Cash And Short Term Investments463.2M3.1B12.9B10.8B8.1B6.5B
Net Receivables85.7M54.6M26.0M59.5M164.7M172.9M
Short Term Investments327.7M2.0B7.6B9.5B5.7B4.6B
Liabilities And Stockholders Equity1.4B4.1B16.4B16.4B16.3B10.0B
Non Current Liabilities Total717.9M54.7M108.7M48.6M48.0M45.6M
Capital Surpluse59.5M1.6B11.9B12.1B13.9B14.6B
Capital Lease Obligations92.8M94.5M184.8M85.9M53.9M93.9M
Inventory219.3M329.1M589.1M130.9M144.9M261.7M
Other Current Assets6.6M402.6M483.2M219.5M559.6M306.5M
Other Stockholder Equity59.5M1.6B11.8B14.8B10.8B7.2B
Total Liab1.3B2.6B2.8B838.5M716.7M680.8M
Net Invested Capital106.3M1.5B13.5B15.6B15.6B8.5B
Long Term Investments5M4M2.0B4.9B7.0B7.4B
Property Plant And Equipment Gross156.7M166.2M319.4M162.9M299.8M202.8M
Total Current Assets1.2B3.9B14.0B11.2B9.0B7.2B
Accumulated Other Comprehensive Income181K322K(147.5M)809.9M1.0B1.1B
Cash And Equivalents92.4M437.9M1.7B1.3B1.5B773.6M
Net Working Capital563.0M1.4B11.2B10.4B8.3B5.8B
Short Term Debt31.4M45.1M80.6M46.0M29.4M42.7M
Intangible Assets5.4M5.4M8.4M4.7M69.8M73.3M
Property Plant Equipment156.7M166.2M319.4M162.9M187.3M177.3M

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