RumbleON Historical Balance Sheet

RMBL Stock  USD 4.47  0.07  1.59%   
Trend analysis of RumbleON balance sheet accounts such as Net Debt of 860.6 M, Accounts Payable of 5.1 M, Cash of 71.1 M or Cash And Short Term Investments of 71.1 M provides information on RumbleON's total assets, liabilities, and equity, which is the actual value of RumbleON to its prevalent stockholders. By breaking down trends over time using RumbleON balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining RumbleON latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RumbleON is a good buy for the upcoming year.

RumbleON Inventory

419.61 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. 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 labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.

About RumbleON Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of RumbleON at a specified time, usually calculated after every quarter, six months, or one year. RumbleON Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RumbleON and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RumbleON currently owns. An asset can also be divided into two categories, current and non-current.

RumbleON Balance Sheet Chart

At this time, RumbleON's Cash And Short Term Investments are quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 1.1 B this year, although the value of Retained Earnings are projected to rise to (505.4 M).

Total Assets

Total assets refers to the total amount of RumbleON 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 RumbleON 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.

Total Current Liabilities

Total Current Liabilities is an item on RumbleON balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RumbleON are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents RumbleON 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 RumbleON 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 accounts from RumbleON's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RumbleON current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 RumbleON. 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 labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.At this time, RumbleON's Cash And Short Term Investments are quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 1.1 B this year, although the value of Retained Earnings are projected to rise to (505.4 M).
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total730.2M771.6M887.3M931.7M
Total Assets1.0B926.3M1.1B1.1B

RumbleON balance sheet Correlations

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Click cells to compare fundamentals

RumbleON Account Relationship Matchups

RumbleON balance sheet Accounts

202020212022202320242025 (projected)
Total Assets77.0M1.0B1.0B926.3M1.1B1.1B
Short Long Term Debt Total58.2M522.4M730.2M771.6M887.3M931.7M
Total Current Liabilities35.4M183.9M311.7M395M454.3M477.0M
Total Stockholder Equity4.6M431.3M206.0M105.6M121.4M73.9M
Net Debt56.7M473.4M681.6M712.7M819.6M860.6M
Retained Earnings(104.4M)(114.1M)(375.6M)(591.1M)(532.0M)(505.4M)
Accounts Payable7.3M10.0M13.7M7.1M8.2M5.1M
Cash1.5M49.0M48.6M58.9M67.7M71.1M
Cash And Short Term Investments1.5M49.0M48.6M58.9M67.7M71.1M
Common Stock Total Equity1.2K2.2K15K16K18.4K9.4K
Liabilities And Stockholders Equity77.0M1.0B1.0B926.3M1.1B1.1B
Non Current Liabilities Total37.0M430.1M509.5M425.7M489.6M514.0M
Other Current Assets5.5M9.3M75.6M24.1M27.7M15.9M
Other Stockholder Equity108.9M545.7M581.6M696.7M801.2M841.3M
Total Liab72.4M614.0M821.2M820.7M943.8M991.0M
Total Current Assets37.7M301.6M431.5M480.8M552.9M580.6M
Common Stock1.2K2.2K15K16K18.4K9.4K
Other Current Liab4.4M38.8M39.7M26.7M30.7M32.2M
Non Current Assets Total39.2M743.7M595.7M445.5M512.3M537.9M
Other Assets237.8K1.026.2M89.3M1.151.09
Long Term Debt31.9M283.0M349.4M286.7M329.7M346.2M
Common Stock Shares Outstanding2.2M6.9M15.9M17.7M20.4M21.4M
Long Term Debt Total22.1M31.9M282.8M349.4M401.8M421.9M
Capital Surpluse92.3M108.9M550.1M585.9M673.8M707.5M
Inventory21.4M201.7M331.7M347.5M399.6M419.6M
Short Term Debt22.9M122.0M247.9M350.8M403.4M423.6M
Intangible Assets46K302.1M247.4M202.5M232.9M244.5M
Property Plant Equipment12.5M12.2M154.5M76.1M87.5M91.9M
Net Tangible Assets(14.0M)(22.3M)(131.7M)(41.4M)(37.3M)(35.4M)
Short Long Term Debt21.3M101.6M229.1M326.9M375.9M394.7M
Property Plant And Equipment Net12.2M154.5M237.9M240.7M276.8M290.6M
Non Currrent Assets Other151.1K26.2M31.2M1.5M1.7M1.6M
Net Receivables9.4M40.2M28M50.3M57.8M60.7M
Net Invested Capital57.7M815.9M809.5M719.2M827.1M868.4M

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When determining whether RumbleON is a strong investment it is important to analyze RumbleON's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. 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 labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RumbleON. If investors know RumbleON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RumbleON's market value can be influenced by many factors that don't directly affect RumbleON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.