Rambus Non Current Liabilities Total vs Asset Turnover Analysis

RMBS Stock  USD 56.89  0.93  1.66%   
Rambus financial indicator trend analysis is much more than just breaking down Rambus Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rambus Inc is a good investment. Please check the relationship between Rambus Non Current Liabilities Total and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rambus Inc. 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.

Non Current Liabilities Total vs Asset Turnover

Non Current Liabilities Total vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rambus Inc Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Rambus' Non Current Liabilities Total and Asset Turnover is -0.56. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Rambus Inc, assuming nothing else is changed. The correlation between historical values of Rambus' Non Current Liabilities Total and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Rambus Inc are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Non Current Liabilities Total i.e., Rambus' Non Current Liabilities Total and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Rambus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rambus Inc 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 Rambus Inc. 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.
At this time, Rambus' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 32.86 in 2024, despite the fact that Tax Provision is likely to grow to (143 M).
 2021 2022 2023 2024 (projected)
Interest Expense10.7M1.9M1.5M1.4M
Depreciation And Amortization44.3M47.1M52.4M55.1M

Rambus fundamental ratios Correlations

0.620.520.260.320.50.740.11-0.60.350.540.620.060.670.210.370.60.340.930.690.410.540.230.090.120.67
0.620.270.390.410.840.630.320.160.350.050.930.130.790.810.770.590.420.810.750.360.93-0.050.680.610.45
0.520.270.130.39-0.110.20.58-0.59-0.410.750.32-0.560.37-0.15-0.080.61-0.370.480.75-0.390.180.54-0.360.30.03
0.260.390.130.440.280.650.04-0.060.480.220.210.120.540.310.430.250.20.330.510.420.510.40.33-0.140.31
0.320.410.390.440.270.380.09-0.180.250.460.22-0.020.630.30.38-0.11-0.020.40.660.180.540.580.22-0.070.13
0.50.84-0.110.280.270.440.030.370.54-0.140.760.550.640.860.760.390.770.580.490.680.81-0.290.860.470.56
0.740.630.20.650.380.44-0.05-0.390.620.30.520.010.680.370.510.380.230.820.570.480.660.280.28-0.080.52
0.110.320.580.040.090.03-0.050.05-0.56-0.090.37-0.550.190.190.230.54-0.350.170.48-0.520.220.240.00.63-0.29
-0.60.16-0.59-0.06-0.180.37-0.390.050.0-0.760.110.34-0.120.570.34-0.170.27-0.43-0.260.080.19-0.520.680.44-0.24
0.350.35-0.410.480.250.540.62-0.560.0-0.010.260.520.310.40.35-0.090.570.380.110.770.38-0.010.5-0.280.45
0.540.050.750.220.46-0.140.3-0.09-0.76-0.010.04-0.190.34-0.33-0.250.29-0.130.430.550.00.060.51-0.42-0.190.29
0.620.930.320.210.220.760.520.370.110.260.040.060.550.690.530.690.40.780.690.240.73-0.080.580.710.39
0.060.13-0.560.12-0.020.550.01-0.550.340.52-0.190.060.140.250.3-0.190.9-0.02-0.170.870.17-0.280.5-0.220.68
0.670.790.370.540.630.640.680.19-0.120.310.340.550.140.530.820.380.310.760.760.420.910.180.40.180.55
0.210.81-0.150.310.30.860.370.190.570.4-0.330.690.250.530.750.320.440.40.460.390.81-0.290.940.610.18
0.370.77-0.080.430.380.760.510.230.340.35-0.250.530.30.820.750.220.430.520.440.470.9-0.130.680.280.41
0.60.590.610.25-0.110.390.380.54-0.17-0.090.290.69-0.190.380.320.220.150.590.680.010.410.030.180.650.3
0.340.42-0.370.2-0.020.770.23-0.350.270.57-0.130.40.90.310.440.430.150.290.10.890.38-0.340.610.050.78
0.930.810.480.330.40.580.820.17-0.430.380.430.78-0.020.760.40.520.590.290.750.350.720.160.230.260.6
0.690.750.750.510.660.490.570.48-0.260.110.550.69-0.170.760.460.440.680.10.750.130.710.450.30.440.32
0.410.36-0.390.420.180.680.48-0.520.080.770.00.240.870.420.390.470.010.890.350.130.43-0.10.56-0.260.8
0.540.930.180.510.540.810.660.220.190.380.060.730.170.910.810.90.410.380.720.710.43-0.020.690.420.45
0.23-0.050.540.40.58-0.290.280.24-0.52-0.010.51-0.08-0.280.18-0.29-0.130.03-0.340.160.45-0.1-0.02-0.3-0.31-0.04
0.090.68-0.360.330.220.860.280.00.680.5-0.420.580.50.40.940.680.180.610.230.30.560.69-0.30.460.28
0.120.610.3-0.14-0.070.47-0.080.630.44-0.28-0.190.71-0.220.180.610.280.650.050.260.44-0.260.42-0.310.46-0.16
0.670.450.030.310.130.560.52-0.29-0.240.450.290.390.680.550.180.410.30.780.60.320.80.45-0.040.28-0.16
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Rambus Account Relationship Matchups

Rambus fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding110.9M113.3M114.9M109.5M110.9M102.9M
Total Assets1.3B1.2B1.2B1.0B1.3B661.3M
Short Long Term Debt Total195.0M195.1M198.8M44.5M30.7M29.2M
Other Current Liab58.3M37.2M35.0M39.5M39.6M27.6M
Total Current Liabilities86.2M85.9M267.3M126.7M89.1M87.8M
Total Stockholder Equity970.9M905.1M862.4M779.3M1.0B1.1B
Property Plant And Equipment Net81.7M86.4M79.7M110.4M89.3M48.5M
Net Debt92.9M58.9M90.9M(80.9M)(64.1M)(60.9M)
Retained Earnings(290.2M)(365.3M)(435.2M)(513.3M)(285.5M)(299.8M)
Accounts Payable9.5M9.0M11.3M24.8M18.1M19.0M
Cash102.2M136.1M107.9M125.3M94.8M116.9M
Non Current Assets Total674.3M547.1M548.3M485.4M627.6M316.9M
Non Currrent Assets Other5.9M4.5M4.2M3.3M94.8M99.5M
Cash And Short Term Investments407.7M502.6M485.6M313.2M425.8M274.1M
Net Receivables228.4M166.7M179.7M181.1M133.8M140.5M
Short Term Investments305.5M366.5M377.7M187.9M331.1M182.7M
Liabilities And Stockholders Equity1.3B1.2B1.2B1.0B1.3B661.3M
Non Current Liabilities Total281.9M252.9M103.0M106.6M131.0M130.2M
Other Current Assets18.5M15.9M10.6M12.0M34.9M36.6M
Other Stockholder Equity1.3B1.3B1.3B1.3B1.3B809.5M
Total Liab368.1M338.8M370.3M233.3M220.1M213.7M
Property Plant And Equipment Gross81.7M86.4M79.7M110.4M178.4M187.3M
Total Current Assets664.7M696.8M684.4M527.2M630.6M349.2M
Accumulated Other Comprehensive Income(92K)(81K)(1.5M)(5.0M)(1.3M)(1.3M)
Short Term Debt6.4M9.4M175.7M20.4M8.9M8.5M
Other Liab93.2M62.6M73.9M77.5M89.1M93.6M
Other Assets350.6M240.9M131.3M31.6M36.3M34.5M
Property Plant Equipment44.7M57.7M79.7M86.3M99.2M50.8M
Current Deferred Revenue11.9M10.2M24.8M23.9M17.4M13.8M
Intangible Assets54.9M36.5M58.4M50.9M28.8M27.3M
Long Term Debt172.7M178.2M148.8M156.0M179.4M171.9M
Good Will183.5M183.2M278.8M292.0M286.8M143.8M
Inventory10.1M14.5M8.5M20.9M36.2M38.0M
Net Tangible Assets732.6M868.6M525.2M436.4M501.8M422.7M
Retained Earnings Total Equity(290.2M)(365.3M)(435.2M)(513.3M)(590.2M)(619.8M)
Capital Surpluse1.3B1.3B1.3B1.3B1.5B1.3B
Deferred Long Term Liab9.8M19.0M13.8M25.0M28.7M30.1M

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