Rightmove Non Current Assets Total vs Depreciation And Amortization Analysis

RMV Stock   673.80  1.60  0.24%   
Rightmove PLC financial indicator trend analysis is much more than just breaking down Rightmove PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rightmove PLC is a good investment. Please check the relationship between Rightmove PLC Non Current Assets Total and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rightmove PLC. 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 economic analysis.

Non Current Assets Total vs Depreciation And Amortization

Non Current Assets Total vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rightmove PLC Non Current Assets Total account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rightmove PLC's Non Current Assets Total and Depreciation And Amortization is 0.88. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Rightmove PLC, assuming nothing else is changed. The correlation between historical values of Rightmove PLC's Non Current Assets Total and Depreciation And Amortization 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 Assets Total of Rightmove PLC are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Assets Total i.e., Rightmove PLC's Non Current Assets Total and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Rightmove PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rightmove PLC 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 Rightmove PLC. 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 economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 540.9 K, whereas Selling General Administrative is forecasted to decline to about 38.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit328.0M359.3M413.2M433.9M
Total Revenue332.6M364.3M419.0M439.9M

Rightmove PLC fundamental ratios Correlations

-0.050.060.880.76-0.850.89-0.020.920.81-0.580.950.29-0.530.770.030.370.610.980.750.230.480.7-0.550.80.8
-0.050.84-0.3-0.130.21-0.19-0.56-0.23-0.330.06-0.180.270.04-0.18-0.610.72-0.190.04-0.250.290.68-0.090.1-0.190.24
0.060.84-0.25-0.030.17-0.17-0.09-0.17-0.150.07-0.130.640.24-0.08-0.140.91-0.130.1-0.20.660.76-0.040.36-0.130.46
0.88-0.3-0.250.74-0.860.990.010.890.9-0.420.90.13-0.640.670.070.030.760.860.710.070.20.64-0.670.90.58
0.76-0.13-0.030.74-0.540.75-0.080.680.85-0.620.70.13-0.630.94-0.080.360.730.690.680.080.180.64-0.710.790.75
-0.850.210.17-0.86-0.54-0.84-0.05-0.97-0.640.58-0.96-0.120.32-0.6-0.09-0.08-0.35-0.89-0.73-0.1-0.15-0.720.45-0.63-0.51
0.89-0.19-0.170.990.75-0.84-0.080.880.89-0.420.890.17-0.670.67-0.020.110.790.870.710.10.290.63-0.70.920.63
-0.02-0.56-0.090.01-0.08-0.05-0.080.030.130.190.00.380.46-0.070.98-0.12-0.08-0.06-0.10.39-0.22-0.10.57-0.120.02
0.92-0.23-0.170.890.68-0.970.880.030.74-0.651.00.11-0.430.740.060.140.450.930.790.080.180.76-0.550.710.6
0.81-0.33-0.150.90.85-0.640.890.130.74-0.450.750.21-0.640.780.170.180.850.730.740.140.190.65-0.610.960.67
-0.580.060.07-0.42-0.620.58-0.420.19-0.65-0.45-0.620.080.23-0.770.19-0.25-0.15-0.54-0.870.070.02-0.650.44-0.42-0.5
0.95-0.18-0.130.90.7-0.960.890.01.00.75-0.620.13-0.470.740.040.190.480.960.760.090.240.75-0.560.720.64
0.290.270.640.130.13-0.120.170.380.110.210.080.130.370.040.370.620.150.29-0.010.990.620.030.40.110.6
-0.530.040.24-0.64-0.630.32-0.670.46-0.43-0.640.23-0.470.37-0.510.410.02-0.78-0.48-0.430.45-0.18-0.330.89-0.76-0.29
0.77-0.18-0.080.670.94-0.60.67-0.070.740.78-0.770.740.04-0.51-0.070.330.520.690.780.010.070.78-0.650.70.68
0.03-0.61-0.140.07-0.08-0.09-0.020.980.060.170.190.040.370.41-0.07-0.16-0.03-0.02-0.050.36-0.18-0.070.51-0.050.04
0.370.720.910.030.36-0.080.11-0.120.140.18-0.250.190.620.020.33-0.160.090.380.130.630.750.290.070.160.72
0.61-0.19-0.130.760.73-0.350.79-0.080.450.85-0.150.480.15-0.780.52-0.030.090.530.470.060.30.23-0.660.890.57
0.980.040.10.860.69-0.890.87-0.060.930.73-0.540.960.29-0.480.69-0.020.380.530.690.250.510.68-0.520.730.77
0.75-0.25-0.20.710.68-0.730.71-0.10.790.74-0.870.76-0.01-0.430.78-0.050.130.470.69-0.040.060.74-0.560.750.55
0.230.290.660.070.08-0.10.10.390.080.140.070.090.990.450.010.360.630.060.25-0.040.580.030.460.040.56
0.480.680.760.20.18-0.150.29-0.220.180.190.020.240.62-0.180.07-0.180.750.30.510.060.580.06-0.010.280.67
0.7-0.09-0.040.640.64-0.720.63-0.10.760.65-0.650.750.03-0.330.78-0.070.290.230.680.740.030.06-0.490.610.45
-0.550.10.36-0.67-0.710.45-0.70.57-0.55-0.610.44-0.560.40.89-0.650.510.07-0.66-0.52-0.560.46-0.01-0.49-0.72-0.3
0.8-0.19-0.130.90.79-0.630.92-0.120.710.96-0.420.720.11-0.760.7-0.050.160.890.730.750.040.280.61-0.720.62
0.80.240.460.580.75-0.510.630.020.60.67-0.50.640.6-0.290.680.040.720.570.770.550.560.670.45-0.30.62
Click cells to compare fundamentals

Rightmove PLC Account Relationship Matchups

Rightmove PLC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets160.4M107.6M101.8M104.9M120.6M67.3M
Other Current Liab7.0M8.8M7.4M11.7M13.5M14.3M
Total Current Liabilities23.2M27.6M25.5M29.6M34.0M34.2M
Total Stockholder Equity123.1M70.5M68.2M69.4M79.8M83.7M
Property Plant And Equipment Net13.9M12.0M10.4M9.4M10.8M11.3M
Net Debt(84.4M)(37.0M)(30.6M)(26.2M)(23.6M)(24.8M)
Retained Earnings133.4M80.8M80.8M81.7M93.9M98.6M
Accounts Payable2.7M3.1M1.2M2.1M2.4M2.3M
Cash96.7M48.0M40.1M33.6M38.7M25.8M
Non Current Assets Total38.8M35.3M34.0M33.6M38.7M40.6M
Non Currrent Assets Other(36.0M)(33.1M)(32.5M)2.4M2.1M2.3M
Cash And Short Term Investments96.7M48.0M40.1M38.9M44.7M26.9M
Common Stock Shares Outstanding873.7M860.3M837.5M815.3M733.8M819.3M
Liabilities And Stockholders Equity160.4M107.6M101.8M104.9M120.6M67.3M
Non Current Liabilities Total14.1M9.4M8.1M6.0M6.8M4.8M
Other Current Assets7.2M6.2M6.3M7.1M6.4M5.8M
Total Liab37.3M37.0M33.6M35.5M40.8M38.9M
Property Plant And Equipment Gross13.9M32.0M32.8M35.1M40.3M42.4M
Total Current Assets121.6M72.3M67.8M71.3M82.0M48.2M
Accumulated Other Comprehensive Income407K434K456K480K552K579.6K
Intangible Assets22.1M21.1M22.1M5.3M6.1M6.0M
Common Stock887K860K838K814K936.1K1.0M
Net Receivables19.0M19.3M22.4M26.1M30.1M18.6M
Other Liab3.8M3.8M585K829K953.4K1.1M
Other Assets2.7M1.02.2M1.5M1.3M1.2M
Property Plant Equipment12.8M13.9M12.0M10.4M12.0M12.6M
Other Stockholder Equity(11.4M)(11.5M)(13.8M)(13.1M)(11.8M)(12.4M)
Short Long Term Debt Total12.3M11.0M9.6M7.4M6.7M12.8M
Short Term Debt453K(16.5M)(3.8M)2.3M2.1M3.2M
Net Tangible Assets19.4M101.0M49.4M46.1M53.0M28.3M
Current Deferred Revenue1.6M2.6M2.3M2.5M2.3M2.2M
Net Invested Capital123.1M70.5M68.2M69.4M79.8M63.2M
Net Working Capital98.5M44.6M42.3M41.7M48.0M40.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Rightmove Stock

Balance Sheet is a snapshot of the financial position of Rightmove PLC at a specified time, usually calculated after every quarter, six months, or one year. Rightmove PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rightmove PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Rightmove currently owns. An asset can also be divided into two categories, current and non-current.