RMR Current Deferred Revenue vs Total Assets Analysis
RMR Stock | USD 22.15 0.18 0.82% |
RMR financial indicator trend analysis is much more than just breaking down RMR Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RMR Group is a good investment. Please check the relationship between RMR Current Deferred Revenue and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RMR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Current Deferred Revenue vs Total Assets
Current Deferred Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RMR Group Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between RMR's Current Deferred Revenue and Total Assets is -0.51. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of RMR Group, assuming nothing else is changed. The correlation between historical values of RMR's Current Deferred Revenue and Total 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 Current Deferred Revenue of RMR Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., RMR's Current Deferred Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Assets
Total assets refers to the total amount of RMR 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 RMR Group 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.Most indicators from RMR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RMR Group 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 RMR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, RMR's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.24, while Selling General Administrative is likely to drop slightly above 35.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 44.0M | 49.6M | 43.7M | 45.5M | Cost Of Revenue | 698.6M | 792.8M | 443.9M | 367.7M |
RMR fundamental ratios Correlations
Click cells to compare fundamentals
RMR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RMR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 690.3M | 497.9M | 542.4M | 582.4M | 700.5M | 521.5M | |
Other Current Liab | 56.1M | 56.3M | 83.0M | 83.7M | 95.9M | 55.7M | |
Total Current Liabilities | 81.8M | 81.1M | 109.2M | 105.6M | 133.4M | 75.6M | |
Total Stockholder Equity | 295.9M | 195.1M | 206.6M | 240.1M | 237.6M | 220.8M | |
Other Liab | 40.8M | 35.6M | 39.9M | 37.9M | 43.5M | 46.5M | |
Property Plant And Equipment Net | 37.0M | 34.5M | 31.4M | 34.5M | 109.7M | 115.2M | |
Net Debt | (333.2M) | (125.8M) | (158.8M) | (237.9M) | (27.3M) | (28.7M) | |
Accounts Payable | 17.0M | 15.0M | 16.7M | 16.8M | 31.6M | 20.9M | |
Cash | 369.7M | 159.8M | 189.1M | 268.0M | 141.6M | 193.3M | |
Non Current Assets Total | 234.1M | 243.4M | 239.1M | 196.1M | 406.4M | 241.4M | |
Non Currrent Assets Other | 151.5M | 148.6M | 139.5M | 122.7M | 165.7M | 159.8M | |
Cash And Short Term Investments | 369.7M | 159.8M | 189.1M | 268.0M | 23.2M | 22.0M | |
Net Receivables | 82.6M | 82.6M | 101.3M | 107.9M | 18.4M | 17.5M | |
Common Stock Shares Outstanding | 31.2M | 31.3M | 31.3M | 16.4M | 16.5M | 20.5M | |
Liabilities And Stockholders Equity | 690.3M | 497.9M | 542.4M | 582.4M | 700.5M | 521.5M | |
Non Current Liabilities Total | 67.6M | 69.1M | 63.5M | 53.2M | 147.6M | 155.0M | |
Other Current Assets | 3.9M | 6.0M | 5.4M | 10.4M | 252.5M | 265.1M | |
Other Stockholder Equity | (82.6M) | 109.9M | 113.1M | (173.1M) | (198.7M) | (188.7M) | |
Total Liab | 149.4M | 150.2M | 172.7M | 158.8M | 281.1M | 140.7M | |
Property Plant And Equipment Gross | 37.0M | 2.2M | 31.4M | 37.7M | 107.2M | 112.6M | |
Total Current Assets | 456.1M | 254.5M | 303.3M | 386.3M | 294.1M | 280.1M | |
Property Plant Equipment | 2.4M | 2.3M | 2.2M | 31.4M | 36.1M | 37.9M | |
Net Tangible Assets | 286.5M | 293.8M | 195.1M | 204.6M | 235.2M | 220.9M | |
Retained Earnings | 189.3M | 85.2M | 93.5M | 413.1M | 436.2M | 458.0M | |
Other Assets | 188.1M | 175.4M | 167.3M | 156.6M | 180.0M | 194.1M | |
Long Term Investments | 7.8M | 14.3M | 49.1M | 18.7M | 23.7M | 18.5M | |
Intangible Assets | 277K | 235K | 198K | 167K | 20.3M | 21.3M | |
Capital Surpluse | 103.4M | 106.6M | 109.9M | 113.1M | 130.1M | 112.2M | |
Short Long Term Debt Total | 36.4M | 34.1M | 30.3M | 30.1M | 114.3M | 83.8M | |
Non Current Liabilities Other | 32.0M | 29.1M | 23.3M | 20.9M | 29.9M | 28.3M | |
Net Invested Capital | 295.9M | 195.1M | 206.6M | 240.1M | 323.8M | 265.7M | |
Net Working Capital | 374.4M | 173.4M | 194.1M | 280.7M | 160.7M | 193.2M |
Pair Trading with RMR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RMR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RMR will appreciate offsetting losses from the drop in the long position's value.Moving together with RMR Stock
Moving against RMR Stock
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The ability to find closely correlated positions to RMR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RMR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RMR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RMR Group to buy it.
The correlation of RMR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RMR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RMR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RMR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for RMR Stock Analysis
When running RMR's price analysis, check to measure RMR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RMR is operating at the current time. Most of RMR's value examination focuses on studying past and present price action to predict the probability of RMR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RMR's price. Additionally, you may evaluate how the addition of RMR to your portfolios can decrease your overall portfolio volatility.