RumbleON Retained Earnings vs Net Receivables Analysis
RMBL Stock | USD 6.21 0.01 0.16% |
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 Retained Earnings and its Net Receivables 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.
Retained Earnings vs Net Receivables
Retained Earnings vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RumbleON Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between RumbleON's Retained Earnings and Net Receivables is -0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of RumbleON, assuming nothing else is changed. The correlation between historical values of RumbleON's Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of RumbleON are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., RumbleON's Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Receivables
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
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RumbleON Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.