Rockwell Accounts Payable vs Common Stock Analysis

RMTI Stock  USD 2.31  0.06  2.67%   
Rockwell Medical financial indicator trend analysis is much more than just breaking down Rockwell Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockwell Medical is a good investment. Please check the relationship between Rockwell Medical Accounts Payable and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockwell Medical Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Rockwell Medical's Accounts Payable and Common Stock is 0.17. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Rockwell Medical, assuming nothing else is changed. The correlation between historical values of Rockwell Medical's Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Rockwell Medical are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Rockwell Medical's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Rockwell Medical 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 Rockwell Medical 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.

Common Stock

Most indicators from Rockwell Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockwell Medical 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 Rockwell Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.As of now, Rockwell Medical's Enterprise Value is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses27.9M20.9M15.4M19.7M
Cost Of Revenue64.4M68.7M74.9M41.4M

Rockwell Medical fundamental ratios Correlations

0.11-0.11-0.210.91-0.08-0.73-0.32-0.170.8-0.090.020.940.180.030.660.2-0.060.49-0.140.980.550.54-0.040.53-0.05
0.110.330.36-0.230.640.37-0.65-0.130.170.45-0.03-0.020.280.41-0.040.340.660.750.560.020.31-0.430.73-0.440.35
-0.110.330.59-0.290.530.29-0.470.54-0.090.56-0.28-0.270.530.590.07-0.030.470.360.55-0.18-0.16-0.330.51-0.340.56
-0.210.360.59-0.520.280.34-0.250.73-0.160.14-0.22-0.30.190.07-0.110.310.240.570.27-0.270.03-0.220.23-0.240.07
0.91-0.23-0.29-0.52-0.25-0.82-0.08-0.30.72-0.180.020.90.1-0.030.61-0.02-0.240.09-0.270.930.390.61-0.230.61-0.09
-0.080.640.530.28-0.250.47-0.84-0.26-0.10.91-0.13-0.340.70.87-0.010.320.940.340.97-0.230.14-0.640.91-0.650.79
-0.730.370.290.34-0.820.47-0.170.04-0.850.460.15-0.850.210.31-0.20.130.39-0.020.5-0.79-0.17-0.570.38-0.570.33
-0.32-0.65-0.47-0.25-0.08-0.84-0.170.26-0.19-0.73-0.01-0.05-0.71-0.74-0.32-0.52-0.81-0.61-0.76-0.18-0.40.28-0.750.29-0.68
-0.17-0.130.540.73-0.3-0.260.040.26-0.11-0.21-0.23-0.120.0-0.2-0.05-0.11-0.310.21-0.22-0.13-0.250.17-0.230.16-0.19
0.80.17-0.09-0.160.72-0.1-0.85-0.19-0.11-0.2-0.230.86-0.06-0.070.130.03-0.010.41-0.190.820.290.30.040.29-0.12
-0.090.450.560.14-0.180.910.46-0.73-0.21-0.20.0-0.380.850.960.070.110.790.150.91-0.240.02-0.480.82-0.490.89
0.02-0.03-0.28-0.220.02-0.130.15-0.01-0.23-0.230.0-0.040.0-0.170.30.23-0.190.0-0.14-0.010.290.31-0.140.310.05
0.94-0.02-0.27-0.30.9-0.34-0.85-0.05-0.120.86-0.38-0.04-0.11-0.250.490.09-0.280.36-0.40.980.460.6-0.260.6-0.32
0.180.280.530.190.10.70.21-0.710.0-0.060.850.0-0.110.880.370.090.50.230.730.060.2-0.010.57-0.030.8
0.030.410.590.07-0.030.870.31-0.74-0.2-0.070.96-0.17-0.250.880.130.00.750.140.88-0.110.0-0.410.8-0.420.89
0.66-0.040.07-0.110.61-0.01-0.2-0.32-0.050.130.070.30.490.370.130.24-0.080.310.020.610.510.51-0.050.510.16
0.20.34-0.030.31-0.020.320.13-0.52-0.110.030.110.230.090.090.00.240.440.530.150.140.32-0.170.2-0.18-0.04
-0.060.660.470.24-0.240.940.39-0.81-0.31-0.010.79-0.19-0.280.50.75-0.080.440.350.85-0.19-0.02-0.770.9-0.780.71
0.490.750.360.570.090.34-0.02-0.610.210.410.150.00.360.230.140.310.530.350.230.410.510.010.380.00.07
-0.140.560.550.27-0.270.970.5-0.76-0.22-0.190.91-0.14-0.40.730.880.020.150.850.23-0.280.17-0.580.87-0.590.82
0.980.02-0.18-0.270.93-0.23-0.79-0.18-0.130.82-0.24-0.010.980.06-0.110.610.14-0.190.41-0.280.510.61-0.170.6-0.18
0.550.31-0.160.030.390.14-0.17-0.4-0.250.290.020.290.460.20.00.510.32-0.020.510.170.510.430.030.43-0.09
0.54-0.43-0.33-0.220.61-0.64-0.570.280.170.3-0.480.310.6-0.01-0.410.51-0.17-0.770.01-0.580.610.43-0.681.0-0.4
-0.040.730.510.23-0.230.910.38-0.75-0.230.040.82-0.14-0.260.570.8-0.050.20.90.380.87-0.170.03-0.68-0.680.78
0.53-0.44-0.34-0.240.61-0.65-0.570.290.160.29-0.490.310.6-0.03-0.420.51-0.18-0.780.0-0.590.60.431.0-0.68-0.4
-0.050.350.560.07-0.090.790.33-0.68-0.19-0.120.890.05-0.320.80.890.16-0.040.710.070.82-0.18-0.09-0.40.78-0.4
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Rockwell Medical Account Relationship Matchups

Rockwell Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.3M77.7M48.6M46.6M52.2M37.3M
Other Current Liab4.8M5.3M5.2M7.8M9.9M10.4M
Total Current Liabilities12.4M12.8M21.0M17.7M16.6M9.7M
Total Stockholder Equity20.3M34.2M2.5M14.1M21.3M19.2M
Property Plant And Equipment Net5.6M5.6M10.2M8.6M11.0M11.6M
Net Debt(7.8M)(24.7M)15.6M(5.1M)4.5M4.7M
Retained Earnings(306.5M)(337.4M)(370.1M)(388.8M)(397.2M)(377.3M)
Accounts Payable3.0M4.2M3.7M4.1M4.5M4.1M
Cash11.8M48.7M13.3M21.5M9.0M13.5M
Non Current Assets Total7.4M8.3M13.3M11.3M23.4M24.6M
Non Currrent Assets Other875.9K1.8M2.1M1.8M705K1.1M
Cash And Short Term Investments26.0M58.7M22.4M21.5M10.9M10.4M
Net Receivables4.2M4.2M5.9M6.3M10.9M11.4M
Common Stock Shares Outstanding5.5M6.9M8.5M9.9M23.3M24.5M
Liabilities And Stockholders Equity44.3M77.7M48.6M46.6M52.2M37.3M
Inventory3.6M3.9M4.1M5.8M5.9M3.8M
Other Current Assets3.0M2.7M2.9M1.7M1.1M1.1M
Other Stockholder Equity326.8M371.5M372.6M402.7M418.5M439.4M
Total Liab24.0M43.6M46.0M32.5M30.9M18.1M
Property Plant And Equipment Gross5.6M2.6M17.3M16.2M19.8M20.8M
Total Current Assets36.9M69.5M35.3M35.3M28.8M31.1M
Accumulated Other Comprehensive Income52.0K57K52K163K(1K)(1.1K)
Short Term Debt2.3M1.2M9.8M4.1M2.2M1.8M
Common Stock299.6M6.5K9K1K3K2.9K
Intangible Assets4.0K3.7K3.3K10.8M12.4M13.0M
Common Stock Total Equity273.2M299.6M6.5K9K10.4K9.8K
Other Assets875.9K4.7M2.1M13.8M15.9M16.7M
Short Term Investments14.3M10.0M9.2M11.4M2.0M1.9M
Non Current Liabilities Total11.6M30.8M25.1M14.8M14.2M9.8M
Property Plant Equipment2.9M5.6M10.2M8.6M9.9M10.4M
Current Deferred Revenue2.3M2.3M2.3M1.8M46K43.7K
Net Tangible Assets19.4M33.2M1.6M13.2M11.9M20.7M
Retained Earnings Total Equity(240.3M)(272.4M)(306.5M)(337.4M)(303.7M)(318.8M)
Other Liab9.8M8.0M6M2.6M2.4M2.2M

Currently Active Assets on Macroaxis

When determining whether Rockwell Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rockwell Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rockwell Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rockwell Medical Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Health Care Equipment & Supplies 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 Rockwell Medical. If investors know Rockwell 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 Rockwell Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
3.041
Quarterly Revenue Growth
0.429
Return On Assets
(0.04)
Return On Equity
(0.29)
The market value of Rockwell Medical is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Medical's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Medical'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 Rockwell Medical's market value can be influenced by many factors that don't directly affect Rockwell Medical'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 Rockwell Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Medical'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.