RLX Total Current Assets vs Capital Surpluse 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 Total Current Assets and its Capital Surpluse 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.

Total Current Assets vs Capital Surpluse

Total Current Assets vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Total Current Assets account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.

The correlation between RLX Technology's Total Current Assets and Capital Surpluse is 0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Surpluse 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 Total Current Assets and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of RLX Technology are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Current Assets i.e., RLX Technology's Total Current Assets and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Capital Surpluse

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 Amortization	113.5M	164.5M	96.6M	82.6M
Interest Income	166.6M	317.3M	627.9M	659.3M

Depreciation And Amortization Interest Income

RLX Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.11	0.65	0.58	0.99	0.94	0.8	0.51	-0.84	0.89	0.45	0.84	0.84	0.75	0.98	0.6	-0.44	-0.8	0.03	0.95	0.76	0.67	0.86	0.99	0.56	0.99
Short Long Term Debt Total	0.11		0.3	0.27	0.05	0.02	0.52	0.16	-0.1	0.0	0.3	0.13	0.0	-0.04	0.11	0.26	0.06	0.01	0.99	0.03	0.51	0.42	0.07	0.06	0.45	0.05
Other Current Liab	0.65	0.3		0.97	0.55	0.54	0.91	0.94	-0.78	0.43	0.94	0.79	0.39	0.25	0.72	0.36	-0.24	-0.45	0.21	0.58	0.92	0.95	0.81	0.58	0.96	0.55
Total Current Liabilities	0.58	0.27	0.97		0.49	0.41	0.85	0.99	-0.75	0.27	0.98	0.78	0.22	0.07	0.67	0.17	-0.03	-0.27	0.17	0.45	0.87	0.93	0.77	0.51	0.98	0.49
Total Stockholder Equity	0.99	0.05	0.55	0.49		0.94	0.72	0.41	-0.79	0.91	0.34	0.79	0.85	0.78	0.96	0.59	-0.44	-0.81	-0.02	0.95	0.68	0.57	0.82	0.99	0.46	1.0
Net Tangible Assets	0.94	0.02	0.54	0.41	0.94		0.7	0.33	-0.79	0.99	0.28	0.75	0.96	0.89	0.9	0.77	-0.71	-0.95	-0.03	1.0	0.66	0.56	0.8	0.92	0.38	0.94
Property Plant And Equipment Net	0.8	0.52	0.91	0.85	0.72	0.7		0.76	-0.85	0.61	0.78	0.85	0.55	0.41	0.84	0.5	-0.31	-0.6	0.43	0.73	1.0	0.95	0.79	0.74	0.89	0.72
Current Deferred Revenue	0.51	0.16	0.94	0.99	0.41	0.33	0.76		-0.68	0.2	0.98	0.71	0.16	0.02	0.6	0.1	0.02	-0.2	0.06	0.38	0.79	0.86	0.73	0.44	0.94	0.41
Net Debt	-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	-0.44	0.42	0.67	-0.01	-0.82	-0.85	-0.87	-0.85	-0.78	-0.71	-0.79
Retained Earnings	0.89	0.0	0.43	0.27	0.91	0.99	0.61	0.2	-0.68		0.14	0.63	0.99	0.95	0.83	0.81	-0.75	-0.97	-0.03	0.98	0.55	0.43	0.73	0.89	0.25	0.91
Accounts Payable	0.45	0.3	0.94	0.98	0.34	0.28	0.78	0.98	-0.67	0.14		0.7	0.11	-0.04	0.54	0.14	0.0	-0.15	0.21	0.33	0.81	0.9	0.71	0.36	0.97	0.34
Cash	0.84	0.13	0.79	0.78	0.79	0.75	0.85	0.71	-0.99	0.63	0.7		0.57	0.38	0.89	0.37	-0.32	-0.6	0.03	0.79	0.85	0.88	0.85	0.78	0.75	0.79
Non Current Assets Total	0.84	0.0	0.39	0.22	0.85	0.96	0.55	0.16	-0.62	0.99	0.11	0.57		0.97	0.75	0.88	-0.82	-0.96	-0.03	0.95	0.49	0.38	0.72	0.82	0.21	0.85
Other Assets	0.75	-0.04	0.25	0.07	0.78	0.89	0.41	0.02	-0.44	0.95	-0.04	0.38	0.97		0.64	0.86	-0.79	-0.92	-0.05	0.87	0.35	0.2	0.6	0.75	0.06	0.78
Cash And Short Term Investments	0.98	0.11	0.72	0.67	0.96	0.9	0.84	0.6	-0.89	0.83	0.54	0.89	0.75	0.64		0.48	-0.36	-0.76	0.02	0.92	0.83	0.75	0.84	0.97	0.64	0.96
Net Receivables	0.6	0.26	0.36	0.17	0.59	0.77	0.5	0.1	-0.44	0.81	0.14	0.37	0.88	0.86	0.48		-0.88	-0.81	0.26	0.74	0.43	0.35	0.64	0.53	0.22	0.59
Common Stock Total Equity	-0.44	0.06	-0.24	-0.03	-0.44	-0.71	-0.31	0.02	0.42	-0.75	0.0	-0.32	-0.82	-0.79	-0.36	-0.88		0.84	0.05	-0.69	-0.27	-0.23	-0.48	-0.39	-0.01	-0.44
Common Stock Shares Outstanding	-0.8	0.01	-0.45	-0.27	-0.81	-0.95	-0.6	-0.2	0.67	-0.97	-0.15	-0.6	-0.96	-0.92	-0.76	-0.81	0.84		0.04	-0.94	-0.56	-0.46	-0.66	-0.8	-0.24	-0.81
Non Current Liabilities Total	0.03	0.99	0.21	0.17	-0.02	-0.03	0.43	0.06	-0.01	-0.03	0.21	0.03	-0.03	-0.05	0.02	0.26	0.05	0.04		-0.03	0.42	0.33	-0.01	-0.02	0.36	-0.02
Capital Surpluse	0.95	0.03	0.58	0.45	0.95	1.0	0.73	0.38	-0.82	0.98	0.33	0.79	0.95	0.87	0.92	0.74	-0.69	-0.94	-0.03		0.69	0.6	0.82	0.93	0.42	0.95
Capital Lease Obligations	0.76	0.51	0.92	0.87	0.68	0.66	1.0	0.79	-0.85	0.55	0.81	0.85	0.49	0.35	0.83	0.43	-0.27	-0.56	0.42	0.69		0.97	0.76	0.71	0.91	0.68
Inventory	0.67	0.42	0.95	0.93	0.57	0.56	0.95	0.86	-0.87	0.43	0.9	0.88	0.38	0.2	0.75	0.35	-0.23	-0.46	0.33	0.6	0.97		0.77	0.59	0.94	0.57
Other Current Assets	0.86	0.07	0.81	0.77	0.82	0.8	0.79	0.73	-0.85	0.73	0.71	0.85	0.72	0.6	0.84	0.64	-0.48	-0.66	-0.01	0.82	0.76	0.77		0.78	0.73	0.82
Other Stockholder Equity	0.99	0.06	0.58	0.51	0.99	0.92	0.74	0.44	-0.78	0.89	0.36	0.78	0.82	0.75	0.97	0.53	-0.39	-0.8	-0.02	0.93	0.71	0.59	0.78		0.48	0.99
Total Liab	0.56	0.45	0.96	0.98	0.46	0.38	0.89	0.94	-0.71	0.25	0.97	0.75	0.21	0.06	0.64	0.22	-0.01	-0.24	0.36	0.42	0.91	0.94	0.73	0.48		0.46
Net Invested Capital	0.99	0.05	0.55	0.49	1.0	0.94	0.72	0.41	-0.79	0.91	0.34	0.79	0.85	0.78	0.96	0.59	-0.44	-0.81	-0.02	0.95	0.68	0.57	0.82	0.99	0.46

Click cells to compare fundamentals

RLX Technology Account Relationship Matchups

RLX Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	4.1B	16.4B	16.4B	16.3B	10.0B
Short Long Term Debt Total	738.8M	94.5M	184.8M	85.9M	53.9M	51.2M
Other Current Liab	419.6M	1.2B	1.3B	506.5M	403.1M	716.3M
Total Current Liabilities	619.9M	2.5B	2.7B	789.8M	668.7M	635.2M
Total Stockholder Equity	106.3M	1.5B	13.5B	15.6B	15.6B	8.5B
Net Tangible Assets	100.9M	1.5B	13.5B	15.6B	17.9B	18.8B
Property Plant And Equipment Net	176.5M	166.2M	319.4M	162.9M	129.9M	175.2M
Current Deferred Revenue	18.4M	320.4M	286.7M	75.2M	49.6M	47.1M
Net Debt	(42.8M)	(1.0B)	(5.0B)	(1.2B)	(2.3B)	(2.5B)
Retained Earnings	46.5M	(81.6M)	1.9B	3.3B	3.8B	4.0B
Accounts Payable	150.5M	535.8M	506.1M	52.5M	109.4M	103.9M
Cash	135.5M	1.1B	5.2B	1.3B	2.4B	1.9B
Non Current Assets Total	261.2M	193.0M	2.4B	5.2B	7.3B	7.7B
Other Assets	94.2M	17.4M	69.8M	3.5B	4.0B	4.2B
Cash And Short Term Investments	463.2M	3.1B	12.9B	10.8B	8.1B	6.5B
Net Receivables	85.7M	54.6M	26.0M	59.5M	164.7M	172.9M
Short Term Investments	327.7M	2.0B	7.6B	9.5B	5.7B	4.6B
Liabilities And Stockholders Equity	1.4B	4.1B	16.4B	16.4B	16.3B	10.0B
Non Current Liabilities Total	717.9M	54.7M	108.7M	48.6M	48.0M	45.6M
Capital Surpluse	59.5M	1.6B	11.9B	12.1B	13.9B	14.6B
Capital Lease Obligations	92.8M	94.5M	184.8M	85.9M	53.9M	93.9M
Inventory	219.3M	329.1M	589.1M	130.9M	144.9M	261.7M
Other Current Assets	6.6M	402.6M	483.2M	219.5M	559.6M	306.5M
Other Stockholder Equity	59.5M	1.6B	11.8B	14.8B	10.8B	7.2B
Total Liab	1.3B	2.6B	2.8B	838.5M	716.7M	680.8M
Net Invested Capital	106.3M	1.5B	13.5B	15.6B	15.6B	8.5B
Long Term Investments	5M	4M	2.0B	4.9B	7.0B	7.4B
Property Plant And Equipment Gross	156.7M	166.2M	319.4M	162.9M	299.8M	202.8M
Total Current Assets	1.2B	3.9B	14.0B	11.2B	9.0B	7.2B
Accumulated Other Comprehensive Income	181K	322K	(147.5M)	809.9M	1.0B	1.1B
Cash And Equivalents	92.4M	437.9M	1.7B	1.3B	1.5B	773.6M
Net Working Capital	563.0M	1.4B	11.2B	10.4B	8.3B	5.8B
Short Term Debt	31.4M	45.1M	80.6M	46.0M	29.4M	42.7M
Intangible Assets	5.4M	5.4M	8.4M	4.7M	69.8M	73.3M
Property Plant Equipment	156.7M	166.2M	319.4M	162.9M	187.3M	177.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GOOG	Alphabet Inc Class C
CRM	Salesforce

Additional Tools for RLX Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

RLX Total Current Assets vs Capital Surpluse Analysis

Total Current Assets vs Capital Surpluse

Total Current Assets vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Total Current Assets

Capital Surpluse

RLX Technology fundamental ratios Correlations

RLX Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RLX Technology fundamental ratios Accounts

Also Currently Popular

Additional Tools for RLX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Surpluse	+ 1.0	Net Tangible Assets
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Cash	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Common Stock Shares Outstanding	- 0.95	Net Tangible Assets
Capital Surpluse	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.92	Other Assets