Rightmove Total Revenue vs Total Current Liabilities Analysis

RMV Stock   619.40  18.40  3.06%   
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 Total Revenue and its Total Current Liabilities 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.

Total Revenue vs Total Current Liabilities

Total Revenue vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rightmove PLC Total Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rightmove PLC's Total Revenue and Total Current Liabilities is 0.36. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities 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 Total Revenue and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Rightmove PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Rightmove PLC's Total Revenue and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Rightmove PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Liabilities

Total Current Liabilities is an item on Rightmove PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rightmove PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.
As of November 24, 2024, Selling General Administrative is expected to decline to about 38.3 M. In addition to that, Tax Provision is expected to decline to about 43.8 M
 2021 2022 2023 2024 (projected)
Gross Profit304.9M328.0M359.3M179.8M
Total Revenue304.9M332.6M364.3M382.5M

Rightmove PLC fundamental ratios Correlations

-0.320.060.890.79-0.890.90.110.940.87-0.710.950.29-0.450.780.020.370.580.980.80.230.74-0.520.390.780.8
-0.320.8-0.58-0.240.45-0.52-0.08-0.45-0.420.26-0.440.510.56-0.21-0.10.67-0.46-0.29-0.430.58-0.110.520.42-0.440.12
0.060.8-0.28-0.040.17-0.190.02-0.17-0.180.07-0.130.630.28-0.08-0.140.91-0.160.11-0.20.66-0.040.370.83-0.150.49
0.89-0.58-0.280.66-0.910.990.080.920.83-0.550.920.12-0.590.680.070.020.730.860.770.040.68-0.640.110.880.57
0.79-0.24-0.040.66-0.540.680.140.70.85-0.790.710.09-0.560.97-0.080.360.630.70.730.040.65-0.640.120.680.75
-0.890.450.17-0.91-0.54-0.9-0.06-0.98-0.70.59-0.97-0.130.36-0.59-0.08-0.08-0.4-0.92-0.73-0.1-0.720.47-0.14-0.66-0.51
0.9-0.52-0.190.990.68-0.90.030.910.81-0.560.910.16-0.610.69-0.030.10.750.890.770.080.67-0.680.210.890.63
0.11-0.080.020.080.14-0.060.030.080.240.010.070.250.180.10.70.070.070.060.050.250.030.22-0.040.050.17
0.94-0.45-0.170.920.7-0.980.910.080.8-0.711.00.11-0.420.740.060.140.460.940.80.080.77-0.540.130.70.6
0.87-0.42-0.180.830.85-0.70.810.240.8-0.710.80.17-0.50.850.20.180.710.770.870.080.71-0.530.10.850.68
-0.710.260.07-0.55-0.790.59-0.560.01-0.71-0.71-0.690.090.4-0.820.2-0.27-0.33-0.66-0.890.06-0.670.51-0.07-0.51-0.58
0.95-0.44-0.130.920.71-0.970.910.071.00.8-0.690.13-0.440.740.040.180.480.960.780.090.76-0.540.190.710.63
0.290.510.630.120.09-0.130.160.250.110.170.090.130.440.040.370.610.150.3-0.020.980.030.410.660.120.62
-0.450.560.28-0.59-0.560.36-0.610.18-0.42-0.50.4-0.440.44-0.530.480.05-0.73-0.41-0.510.54-0.370.91-0.01-0.73-0.25
0.78-0.21-0.080.680.97-0.590.690.10.740.85-0.820.740.04-0.53-0.080.330.550.70.780.010.79-0.650.030.70.69
0.02-0.1-0.140.07-0.08-0.08-0.030.70.060.20.20.040.370.48-0.08-0.17-0.04-0.02-0.060.36-0.090.53-0.21-0.070.03
0.370.670.910.020.36-0.080.10.070.140.18-0.270.180.610.050.33-0.170.070.390.130.630.290.080.80.140.74
0.58-0.46-0.160.730.63-0.40.750.070.460.71-0.330.480.15-0.730.55-0.040.070.50.570.030.26-0.660.180.890.57
0.98-0.290.110.860.7-0.920.890.060.940.77-0.660.960.3-0.410.7-0.020.390.50.730.240.71-0.480.450.70.77
0.8-0.43-0.20.770.73-0.730.770.050.80.87-0.890.78-0.02-0.510.78-0.060.130.570.73-0.040.74-0.580.070.780.57
0.230.580.660.040.04-0.10.080.250.080.080.060.090.980.540.010.360.630.030.24-0.040.030.480.610.020.58
0.74-0.11-0.040.680.65-0.720.670.030.770.71-0.670.760.03-0.370.79-0.090.290.260.710.740.03-0.510.060.640.46
-0.520.520.37-0.64-0.640.47-0.680.22-0.54-0.530.51-0.540.410.91-0.650.530.08-0.66-0.48-0.580.48-0.510.07-0.71-0.27
0.390.420.830.110.12-0.140.21-0.040.130.1-0.070.190.66-0.010.03-0.210.80.180.450.070.610.060.070.20.66
0.78-0.44-0.150.880.68-0.660.890.050.70.85-0.510.710.12-0.730.7-0.070.140.890.70.780.020.64-0.710.20.6
0.80.120.490.570.75-0.510.630.170.60.68-0.580.630.62-0.250.690.030.740.570.770.570.580.46-0.270.660.6
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Rightmove PLC Account Relationship Matchups

Rightmove PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.1M160.4M107.6M101.8M104.9M67.3M
Other Current Liab37.3M7.0M8.8M7.4M11.7M23.1M
Total Current Liabilities42.5M23.2M27.6M25.5M29.6M34.2M
Total Stockholder Equity41.3M123.1M70.5M68.2M69.4M72.8M
Property Plant And Equipment Net12.8M13.9M12.0M10.4M9.4M5.3M
Net Debt(24.1M)(84.4M)(37.0M)(30.6M)(26.1M)(27.4M)
Retained Earnings51.8M133.4M80.8M80.8M81.7M85.7M
Accounts Payable1.4M2.7M3.1M1.2M2.1M1.9M
Cash36.3M96.7M48.0M40.1M33.5M25.8M
Non Current Assets Total37.5M38.8M35.3M34.0M33.6M17.2M
Non Currrent Assets Other(34.8M)(36.0M)(33.1M)(32.5M)2.4M2.5M
Cash And Short Term Investments36.3M96.7M48.0M40.1M38.9M26.9M
Common Stock Total Equity933K908K892K887K1.0M1.0M
Common Stock Shares Outstanding888.0M873.7M860.3M837.5M815.3M819.3M
Liabilities And Stockholders Equity98.1M160.4M107.6M101.8M104.9M67.3M
Non Current Liabilities Total14.3M14.1M9.4M8.1M6.0M4.8M
Other Current Assets3.9M7.2M6.2M6.3M7.1M5.3M
Total Liab56.8M37.3M37.0M33.6M35.5M38.9M
Property Plant And Equipment Gross12.8M13.9M32.0M32.8M35.1M36.8M
Total Current Assets60.7M121.6M72.3M67.8M71.3M48.2M
Accumulated Other Comprehensive Income402K407K434K456K480K504K
Intangible Assets22.0M22.1M21.1M22.1M5.3M6.0M
Common Stock892K887K860K838K814K1.0M
Other Liab3.8M3.8M585K829K953.4K1.1M
Other Assets2.7M1.02.2M1.5M1.3M1.2M
Net Receivables20.5M19.0M19.3M22.4M25.3M19.7M
Treasury Stock(9.0M)(8.2M)(8.5M)(8.1M)(9.4M)(9.8M)
Property Plant Equipment12.8M13.9M12.0M10.4M12.0M12.6M
Other Stockholder Equity(11.7M)(11.4M)(11.5M)(13.8M)(13.1M)(13.8M)
Short Long Term Debt Total12.2M12.3M11.0M9.6M7.4M12.8M
Short Term Debt1.7M453K(16.5M)(3.8M)2.3M2.2M
Net Tangible Assets19.4M101.0M49.4M46.1M53.0M28.3M
Short Term Investments4.1M4.1M5.0M5.0M5.2M4.6M
Current Deferred Revenue2.1M1.6M2.6M2.3M2.5M2.4M
Net Invested Capital41.3M123.1M70.5M68.2M69.4M63.2M
Net Working Capital18.2M98.5M44.6M42.3M41.7M40.1M
Capital Lease Obligations12.2M12.3M11.0M9.6M7.4M8.7M

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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.