Rockfire Accounts Payable vs Common Stock Analysis
ROCK Stock | 0.11 0.00 0.00% |
Rockfire Resources financial indicator trend analysis is much more than just breaking down Rockfire Resources plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockfire Resources plc is a good investment. Please check the relationship between Rockfire Resources 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 Rockfire Resources 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 board of governors.
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 Rockfire Resources plc Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rockfire Resources' Accounts Payable and Common Stock is 0.3. 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 Rockfire Resources plc, assuming nothing else is changed. The correlation between historical values of Rockfire Resources' 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 Rockfire Resources plc 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., Rockfire Resources' Accounts Payable and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Rockfire Resources 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 Rockfire Resources plc 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 Rockfire Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockfire Resources 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 Rockfire Resources 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 board of governors. Issuance Of Capital Stock is likely to gain to about 4.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.
Rockfire Resources fundamental ratios Correlations
Click cells to compare fundamentals
Rockfire Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rockfire Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6M | 4.1M | 5.1M | 5.1M | 7.3M | 7.6M | |
Total Current Liabilities | 146.5K | 96.4K | 110.4K | 160.1K | 222.0K | 183.8K | |
Total Stockholder Equity | 2.4M | 4.0M | 5.0M | 4.9M | 7.0M | 7.4M | |
Net Debt | (763.1K) | (1.4M) | (1.5M) | (420.3K) | (436.6K) | (458.4K) | |
Retained Earnings | (21.2M) | (21.8M) | (22.4M) | (23.0M) | (24.8M) | (23.6M) | |
Cash | 763.1K | 1.4M | 1.5M | 420.3K | 436.6K | 578.0K | |
Non Current Assets Total | 1.7M | 2.7M | 3.5M | 4.6M | 5.1M | 2.6M | |
Non Currrent Assets Other | 1.7M | 2.7M | 3.4M | 4.5M | (1.0) | (1.05) | |
Cash And Short Term Investments | 763.1K | 1.4M | 1.5M | 420.3K | 436.6K | 578.0K | |
Common Stock Total Equity | 6.3M | 6.4M | 6.6M | 6.8M | 7.9M | 4.8M | |
Common Stock Shares Outstanding | 463.7M | 725.8M | 975.0M | 1.2B | 1.9B | 2.0B | |
Liabilities And Stockholders Equity | 2.6M | 4.1M | 5.1M | 5.1M | 7.3M | 5.4M | |
Other Current Assets | 56.0K | 39.4K | 124.3K | 106.2K | 1.7M | 1.8M | |
Other Stockholder Equity | 14.7M | 16.7M | 18.2M | 18.0M | 21.2M | 12.6M | |
Total Liab | 146.5K | 96.4K | 110.4K | 160.1K | 222.0K | 183.8K | |
Total Current Assets | 819.0K | 1.4M | 1.6M | 526.4K | 2.2M | 2.3M | |
Intangible Assets | 1.7K | 2.7K | 3.4K | 4.5K | 5.0M | 5.2M | |
Common Stock | 6.6M | 6.8M | 7.1M | 7.4M | 8.5M | 9.0M | |
Other Current Liab | 144.6K | 65.4K | 63.4K | 79.5K | 192.5K | 104.4K | |
Accounts Payable | 1.9K | 31.0K | 47.0K | 80.6K | 29.5K | 32.3K | |
Property Plant And Equipment Net | 10.4K | 25.7K | 20.2K | 38.3K | 28.2K | 26.8K | |
Accumulated Other Comprehensive Income | 2.2M | 2.3M | 2.1M | 2.2M | 2.1M | 2.4M | |
Net Tangible Assets | 682.9K | 1.3M | 1.5M | 490.5K | 441.5K | 667.2K | |
Net Receivables | 56.0K | 39.4K | 124.3K | 106.2K | 1.7M | 1.8M | |
Inventory | (55.97) | (39.38) | (124.26) | (106.17) | (1.7M) | (1.6M) | |
Property Plant And Equipment Gross | 1.7M | 2.7M | 3.5M | 4.5M | 5.0M | 3.0M | |
Net Invested Capital | 2.4M | 4.0M | 5.0M | 4.9M | 7.0M | 4.4M | |
Net Working Capital | 672.5K | 1.3M | 1.5M | 366.4K | 1.9M | 1.1M | |
Capital Stock | 6.6M | 6.8M | 7.1M | 7.4M | 8.5M | 7.9M |
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When running Rockfire Resources' price analysis, check to measure Rockfire Resources' 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 Rockfire Resources is operating at the current time. Most of Rockfire Resources' value examination focuses on studying past and present price action to predict the probability of Rockfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockfire Resources' price. Additionally, you may evaluate how the addition of Rockfire Resources to your portfolios can decrease your overall portfolio volatility.