RumbleON Net Invested Capital vs Intangible Assets Analysis

RMBL Stock

USD 6.33 0.12 1.93%

RumbleON financial indicator trend analysis is much more than just breaking down RumbleON prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RumbleON is a good investment. Please check the relationship between RumbleON Net Invested Capital and its Intangible Assets accounts. 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.

Net Invested Capital vs Intangible Assets

Net Invested Capital vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RumbleON Net Invested Capital account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between RumbleON's Net Invested Capital and Intangible Assets is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of RumbleON, assuming nothing else is changed. The correlation between historical values of RumbleON's Net Invested Capital and Intangible 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 Net Invested Capital of RumbleON are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Invested Capital i.e., RumbleON's Net Invested Capital and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from RumbleON's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RumbleON 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 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 Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.26 this year, although the value of Issuance Of Capital Stock will most likely fall to about 63.9 M.

RumbleON fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Current Deferred Revenue	Non Current Assets Total	Other Assets	Long Term Debt	Common Stock Shares Outstanding	Long Term Debt Total	Capital Surpluse	Short Term Debt	Intangible Assets
Total Assets		0.97	0.93	0.8	0.97	-0.84	0.73	0.98	0.98	0.64	1.0	0.7	0.98	0.98	0.96	0.64	0.94	0.58	0.98	0.59	0.99	0.92	0.97	0.98	0.89	0.99
Short Long Term Debt Total	0.97		0.99	0.64	1.0	-0.94	0.67	0.98	0.98	0.61	0.98	0.72	0.99	1.0	1.0	0.61	0.86	0.52	0.91	0.52	0.98	0.98	1.0	0.99	0.97	0.93
Total Current Liabilities	0.93	0.99		0.53	0.99	-0.98	0.65	0.96	0.96	0.59	0.93	0.68	0.98	0.98	0.99	0.59	0.77	0.53	0.84	0.42	0.94	0.99	0.98	0.97	1.0	0.86
Total Stockholder Equity	0.8	0.64	0.53		0.64	-0.36	0.66	0.7	0.7	0.57	0.76	0.47	0.68	0.67	0.62	0.57	0.9	0.54	0.9	0.59	0.75	0.5	0.65	0.69	0.45	0.87
Net Debt	0.97	1.0	0.99	0.64		-0.94	0.68	0.98	0.98	0.6	0.98	0.72	0.99	1.0	1.0	0.6	0.85	0.53	0.91	0.52	0.98	0.98	1.0	0.99	0.97	0.93
Retained Earnings	-0.84	-0.94	-0.98	-0.36	-0.94		-0.55	-0.9	-0.9	-0.5	-0.86	-0.63	-0.93	-0.92	-0.95	-0.5	-0.66	-0.44	-0.72	-0.32	-0.87	-0.98	-0.94	-0.92	-0.99	-0.75
Accounts Payable	0.73	0.67	0.65	0.66	0.68	-0.55		0.63	0.63	0.51	0.71	0.75	0.68	0.69	0.68	0.51	0.8	0.94	0.73	0.66	0.72	0.6	0.64	0.69	0.6	0.68
Cash	0.98	0.98	0.96	0.7	0.98	-0.9	0.63		1.0	0.68	0.97	0.64	0.99	0.98	0.98	0.68	0.86	0.49	0.93	0.47	0.97	0.95	0.99	0.99	0.94	0.95
Cash And Short Term Investments	0.98	0.98	0.96	0.7	0.98	-0.9	0.63	1.0		0.68	0.97	0.64	0.99	0.98	0.98	0.68	0.86	0.49	0.93	0.47	0.97	0.95	0.99	0.99	0.94	0.95
Common Stock Total Equity	0.64	0.61	0.59	0.57	0.6	-0.5	0.51	0.68	0.68		0.62	0.52	0.6	0.61	0.62	1.0	0.66	0.38	0.62	0.42	0.61	0.56	0.59	0.6	0.57	0.62
Non Current Liabilities Total	1.0	0.98	0.93	0.76	0.98	-0.86	0.71	0.97	0.97	0.62		0.75	0.98	0.99	0.97	0.62	0.93	0.54	0.97	0.62	1.0	0.94	0.98	0.98	0.9	0.98
Other Current Assets	0.7	0.72	0.68	0.47	0.72	-0.63	0.75	0.64	0.64	0.52	0.75		0.66	0.73	0.71	0.52	0.77	0.51	0.67	0.91	0.76	0.72	0.68	0.67	0.65	0.66
Other Stockholder Equity	0.98	0.99	0.98	0.68	0.99	-0.93	0.68	0.99	0.99	0.6	0.98	0.66		0.99	0.99	0.6	0.86	0.55	0.92	0.47	0.98	0.97	1.0	1.0	0.96	0.94
Total Liab	0.98	1.0	0.98	0.67	1.0	-0.92	0.69	0.98	0.98	0.61	0.99	0.73	0.99		1.0	0.61	0.88	0.54	0.93	0.55	0.99	0.97	1.0	0.99	0.96	0.94
Total Current Assets	0.96	1.0	0.99	0.62	1.0	-0.95	0.68	0.98	0.98	0.62	0.97	0.71	0.99	1.0		0.62	0.84	0.54	0.89	0.49	0.97	0.98	0.99	0.99	0.98	0.91
Common Stock	0.64	0.61	0.59	0.57	0.6	-0.5	0.51	0.68	0.68	1.0	0.62	0.52	0.6	0.61	0.62		0.66	0.38	0.62	0.42	0.61	0.56	0.59	0.6	0.57	0.62
Other Current Liab	0.94	0.86	0.77	0.9	0.85	-0.66	0.8	0.86	0.86	0.66	0.93	0.77	0.86	0.88	0.84	0.66		0.62	0.97	0.75	0.93	0.77	0.85	0.87	0.72	0.95
Current Deferred Revenue	0.58	0.52	0.53	0.54	0.53	-0.44	0.94	0.49	0.49	0.38	0.54	0.51	0.55	0.54	0.54	0.38	0.62		0.58	0.41	0.55	0.45	0.49	0.56	0.49	0.52
Non Current Assets Total	0.98	0.91	0.84	0.9	0.91	-0.72	0.73	0.93	0.93	0.62	0.97	0.67	0.92	0.93	0.89	0.62	0.97	0.58		0.63	0.96	0.82	0.91	0.93	0.79	1.0
Other Assets	0.59	0.52	0.42	0.59	0.52	-0.32	0.66	0.47	0.47	0.42	0.62	0.91	0.47	0.55	0.49	0.42	0.75	0.41	0.63		0.63	0.47	0.49	0.49	0.37	0.61
Long Term Debt	0.99	0.98	0.94	0.75	0.98	-0.87	0.72	0.97	0.97	0.61	1.0	0.76	0.98	0.99	0.97	0.61	0.93	0.55	0.96	0.63		0.94	0.98	0.98	0.9	0.97
Common Stock Shares Outstanding	0.92	0.98	0.99	0.5	0.98	-0.98	0.6	0.95	0.95	0.56	0.94	0.72	0.97	0.97	0.98	0.56	0.77	0.45	0.82	0.47	0.94		0.98	0.96	0.98	0.85
Long Term Debt Total	0.97	1.0	0.98	0.65	1.0	-0.94	0.64	0.99	0.99	0.59	0.98	0.68	1.0	1.0	0.99	0.59	0.85	0.49	0.91	0.49	0.98	0.98		1.0	0.96	0.94
Capital Surpluse	0.98	0.99	0.97	0.69	0.99	-0.92	0.69	0.99	0.99	0.6	0.98	0.67	1.0	0.99	0.99	0.6	0.87	0.56	0.93	0.49	0.98	0.96	1.0		0.95	0.95
Short Term Debt	0.89	0.97	1.0	0.45	0.97	-0.99	0.6	0.94	0.94	0.57	0.9	0.65	0.96	0.96	0.98	0.57	0.72	0.49	0.79	0.37	0.9	0.98	0.96	0.95		0.81
Intangible Assets	0.99	0.93	0.86	0.87	0.93	-0.75	0.68	0.95	0.95	0.62	0.98	0.66	0.94	0.94	0.91	0.62	0.95	0.52	1.0	0.61	0.97	0.85	0.94	0.95	0.81

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RumbleON Account Relationship Matchups

RumbleON fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	113.4M	77.0M	1.0B	1.0B	926.3M	972.6M
Short Long Term Debt Total	88.7M	58.2M	522.4M	730.2M	771.6M	810.2M
Total Current Liabilities	73.7M	35.4M	183.9M	311.7M	395M	414.8M
Total Stockholder Equity	12.9M	4.6M	431.3M	206.0M	105.6M	73.9M
Net Debt	88.7M	56.7M	473.4M	681.6M	712.7M	748.3M
Retained Earnings	(79.4M)	(104.4M)	(114.1M)	(375.6M)	(591.1M)	(561.5M)
Accounts Payable	8.7M	7.3M	10.0M	13.7M	7.1M	5.1M
Cash	49.7K	1.5M	49.0M	48.6M	58.9M	61.8M
Cash And Short Term Investments	49.7K	1.5M	49.0M	48.6M	58.9M	61.8M
Common Stock Total Equity	1.2K	2.2K	15K	16K	18.4K	9.4K
Liabilities And Stockholders Equity	113.4M	77.0M	1.0B	1.0B	926.3M	972.6M
Non Current Liabilities Total	26.8M	37.0M	430.1M	509.5M	425.7M	447.0M
Other Current Assets	7.9M	5.5M	9.3M	75.6M	24.1M	15.9M
Other Stockholder Equity	92.3M	108.9M	545.7M	581.6M	696.7M	731.5M
Total Liab	100.5M	72.4M	614.0M	821.2M	820.7M	861.7M
Total Current Assets	73.8M	37.7M	301.6M	431.5M	480.8M	504.8M
Common Stock	1.2K	2.2K	15K	16K	18.4K	9.4K
Other Current Liab	3.0M	4.4M	38.8M	39.7M	26.7M	14.2M
Non Current Assets Total	39.6M	39.2M	743.7M	595.7M	445.5M	467.8M
Other Assets	56.7K	237.8K	1.0	26.2M	89.3M	0.95
Long Term Debt	22.1M	31.9M	283.0M	349.4M	286.7M	301.0M
Common Stock Shares Outstanding	1.1M	2.2M	6.9M	15.9M	17.7M	18.6M
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	57.4M	21.4M	201.7M	331.7M	347.5M	364.9M
Short Term Debt	61.9M	22.9M	122.0M	247.9M	350.8M	368.3M
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	60.5M	21.3M	101.6M	229.1M	326.9M	343.2M
Property Plant And Equipment Net	12.5M	12.2M	154.5M	237.9M	240.7M	252.7M
Non Currrent Assets Other	237.8K	151.1K	26.2M	31.2M	1.5M	1.4M
Net Receivables	8.5M	9.4M	40.2M	28M	50.3M	52.8M
Net Invested Capital	95.5M	57.7M	815.9M	809.5M	719.2M	410.6M

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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:

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What is RumbleON's Net Worth?

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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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.

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RumbleON Net Invested Capital vs Intangible Assets Analysis

Net Invested Capital vs Intangible Assets

Net Invested Capital vs Intangible Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Intangible Assets

RumbleON fundamental ratios Correlations

RumbleON Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RumbleON fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Short Long Term Debt Total
Long Term Debt Total	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Total Current Liabilities

Short Term Debt	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Current Liabilities
Total Current Assets	- 0.95	Retained Earnings
Long Term Debt Total	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Net Debt