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.
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.
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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
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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 Total | 730.2M | 771.6M | 887.3M | 931.7M | Total Assets | 1.0B | 926.3M | 1.1B | 1.1B |
RumbleON balance sheet Correlations
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RumbleON Account Relationship Matchups
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RumbleON balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 77.0M | 1.0B | 1.0B | 926.3M | 1.1B | 1.1B | |
Short Long Term Debt Total | 58.2M | 522.4M | 730.2M | 771.6M | 887.3M | 931.7M | |
Total Current Liabilities | 35.4M | 183.9M | 311.7M | 395M | 454.3M | 477.0M | |
Total Stockholder Equity | 4.6M | 431.3M | 206.0M | 105.6M | 121.4M | 73.9M | |
Net Debt | 56.7M | 473.4M | 681.6M | 712.7M | 819.6M | 860.6M | |
Retained Earnings | (104.4M) | (114.1M) | (375.6M) | (591.1M) | (532.0M) | (505.4M) | |
Accounts Payable | 7.3M | 10.0M | 13.7M | 7.1M | 8.2M | 5.1M | |
Cash | 1.5M | 49.0M | 48.6M | 58.9M | 67.7M | 71.1M | |
Cash And Short Term Investments | 1.5M | 49.0M | 48.6M | 58.9M | 67.7M | 71.1M | |
Common Stock Total Equity | 1.2K | 2.2K | 15K | 16K | 18.4K | 9.4K | |
Liabilities And Stockholders Equity | 77.0M | 1.0B | 1.0B | 926.3M | 1.1B | 1.1B | |
Non Current Liabilities Total | 37.0M | 430.1M | 509.5M | 425.7M | 489.6M | 514.0M | |
Other Current Assets | 5.5M | 9.3M | 75.6M | 24.1M | 27.7M | 15.9M | |
Other Stockholder Equity | 108.9M | 545.7M | 581.6M | 696.7M | 801.2M | 841.3M | |
Total Liab | 72.4M | 614.0M | 821.2M | 820.7M | 943.8M | 991.0M | |
Total Current Assets | 37.7M | 301.6M | 431.5M | 480.8M | 552.9M | 580.6M | |
Common Stock | 1.2K | 2.2K | 15K | 16K | 18.4K | 9.4K | |
Other Current Liab | 4.4M | 38.8M | 39.7M | 26.7M | 30.7M | 32.2M | |
Non Current Assets Total | 39.2M | 743.7M | 595.7M | 445.5M | 512.3M | 537.9M | |
Other Assets | 237.8K | 1.0 | 26.2M | 89.3M | 1.15 | 1.09 | |
Long Term Debt | 31.9M | 283.0M | 349.4M | 286.7M | 329.7M | 346.2M | |
Common Stock Shares Outstanding | 2.2M | 6.9M | 15.9M | 17.7M | 20.4M | 21.4M | |
Long Term Debt Total | 22.1M | 31.9M | 282.8M | 349.4M | 401.8M | 421.9M | |
Capital Surpluse | 92.3M | 108.9M | 550.1M | 585.9M | 673.8M | 707.5M | |
Inventory | 21.4M | 201.7M | 331.7M | 347.5M | 399.6M | 419.6M | |
Short Term Debt | 22.9M | 122.0M | 247.9M | 350.8M | 403.4M | 423.6M | |
Intangible Assets | 46K | 302.1M | 247.4M | 202.5M | 232.9M | 244.5M | |
Property Plant Equipment | 12.5M | 12.2M | 154.5M | 76.1M | 87.5M | 91.9M | |
Net Tangible Assets | (14.0M) | (22.3M) | (131.7M) | (41.4M) | (37.3M) | (35.4M) | |
Short Long Term Debt | 21.3M | 101.6M | 229.1M | 326.9M | 375.9M | 394.7M | |
Property Plant And Equipment Net | 12.2M | 154.5M | 237.9M | 240.7M | 276.8M | 290.6M | |
Non Currrent Assets Other | 151.1K | 26.2M | 31.2M | 1.5M | 1.7M | 1.6M | |
Net Receivables | 9.4M | 40.2M | 28M | 50.3M | 57.8M | 60.7M | |
Net Invested Capital | 57.7M | 815.9M | 809.5M | 719.2M | 827.1M | 868.4M |
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Try AI Portfolio ArchitectCheck 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 | Quarterly Revenue Growth (0.12) | Return On Assets | Return On Equity |
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.