Rockfire Cash vs Common Stock Total Equity 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 Cash and its Common Stock Total Equity 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.

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockfire Resources plc Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rockfire Resources' Cash and Common Stock Total Equity is -0.24. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity 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' Cash and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Rockfire Resources plc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., Rockfire Resources' Cash and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Rockfire Resources plc, which is listed under current asset account on Rockfire Resources plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rockfire Resources customers. The amounts must be unrestricted with restricted cash listed in a different Rockfire Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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

0.190.391.0-0.72-0.460.730.930.090.73-0.170.45-0.090.43-0.050.390.880.190.40.660.17-0.410.39-0.04-0.110.31
0.19-0.580.22-0.22-0.260.110.25-0.070.110.620.27-0.860.150.66-0.580.181.00.040.220.35-0.040.17-0.03-0.16-0.34
0.39-0.580.35-0.19-0.050.290.380.150.29-0.690.030.790.17-0.691.00.36-0.580.260.210.07-0.110.190.180.020.53
1.00.220.35-0.72-0.460.730.930.080.73-0.140.45-0.120.43-0.010.350.880.220.40.660.17-0.410.38-0.05-0.110.3
-0.72-0.22-0.19-0.720.09-0.99-0.630.09-0.990.170.070.180.120.09-0.19-0.87-0.220.15-0.25-0.27-0.09-0.32-0.07-0.06-0.42
-0.46-0.26-0.05-0.460.09-0.07-0.4-0.72-0.07-0.53-0.860.18-0.56-0.53-0.05-0.34-0.26-0.49-0.970.190.49-0.230.350.690.27
0.730.110.290.73-0.99-0.070.63-0.071.0-0.24-0.08-0.07-0.11-0.170.290.880.11-0.130.250.230.080.30.090.080.47
0.930.250.380.93-0.63-0.40.630.080.63-0.160.32-0.040.24-0.040.380.70.250.210.580.15-0.160.41-0.05-0.040.35
0.09-0.070.150.080.09-0.72-0.070.08-0.070.440.570.160.220.220.150.04-0.070.180.64-0.33-0.16-0.02-0.11-0.92-0.39
0.730.110.290.73-0.99-0.071.00.63-0.07-0.24-0.08-0.07-0.11-0.170.290.880.11-0.130.250.230.080.30.090.080.47
-0.170.62-0.69-0.140.17-0.53-0.24-0.160.44-0.240.48-0.590.20.91-0.69-0.130.620.10.34-0.22-0.1-0.13-0.23-0.55-0.71
0.450.270.030.450.07-0.86-0.080.320.57-0.080.48-0.20.860.50.030.330.270.80.86-0.1-0.80.19-0.32-0.64-0.39
-0.09-0.860.79-0.120.180.18-0.07-0.040.16-0.07-0.59-0.2-0.11-0.620.79-0.11-0.860.01-0.13-0.270.15-0.060.090.120.4
0.430.150.170.430.12-0.56-0.110.240.22-0.110.20.86-0.110.250.170.370.150.990.620.02-0.950.01-0.04-0.37-0.29
-0.050.66-0.69-0.010.09-0.53-0.17-0.040.22-0.170.910.5-0.620.25-0.69-0.040.660.150.38-0.21-0.150.02-0.4-0.29-0.59
0.39-0.581.00.35-0.19-0.050.290.380.150.29-0.690.030.790.17-0.690.36-0.580.260.210.07-0.110.190.180.020.53
0.880.180.360.88-0.87-0.340.880.70.040.88-0.130.33-0.110.37-0.040.360.180.350.530.23-0.360.290.07-0.10.3
0.191.0-0.580.22-0.22-0.260.110.25-0.070.110.620.27-0.860.150.66-0.580.180.040.220.35-0.040.17-0.03-0.16-0.34
0.40.040.260.40.15-0.49-0.130.210.18-0.130.10.80.010.990.150.260.350.040.560.0-0.93-0.030.02-0.32-0.23
0.660.220.210.66-0.25-0.970.250.580.640.250.340.86-0.130.620.380.210.530.220.56-0.11-0.560.3-0.29-0.62-0.12
0.170.350.070.17-0.270.190.230.15-0.330.23-0.22-0.1-0.270.02-0.210.070.230.350.0-0.110.00.260.10.180.37
-0.41-0.04-0.11-0.41-0.090.490.08-0.16-0.160.08-0.1-0.80.15-0.95-0.15-0.11-0.36-0.04-0.93-0.560.0-0.010.070.320.26
0.390.170.190.38-0.32-0.230.30.41-0.020.3-0.130.19-0.060.010.020.190.290.17-0.030.30.26-0.01-0.660.140.42
-0.04-0.030.18-0.05-0.070.350.09-0.05-0.110.09-0.23-0.320.09-0.04-0.40.180.07-0.030.02-0.290.10.07-0.66-0.06-0.11
-0.11-0.160.02-0.11-0.060.690.08-0.04-0.920.08-0.55-0.640.12-0.37-0.290.02-0.1-0.16-0.32-0.620.180.320.14-0.060.56
0.31-0.340.530.3-0.420.270.470.35-0.390.47-0.71-0.390.4-0.29-0.590.530.3-0.34-0.23-0.120.370.260.42-0.110.56
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Rockfire Resources Account Relationship Matchups

Rockfire Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M4.1M5.1M5.1M7.3M7.6M
Total Current Liabilities146.5K96.4K110.4K160.1K222.0K183.8K
Total Stockholder Equity2.4M4.0M5.0M4.9M7.0M7.4M
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)
Cash763.1K1.4M1.5M420.3K436.6K578.0K
Non Current Assets Total1.7M2.7M3.5M4.6M5.1M2.6M
Non Currrent Assets Other1.7M2.7M3.4M4.5M(1.0)(1.05)
Cash And Short Term Investments763.1K1.4M1.5M420.3K436.6K578.0K
Common Stock Total Equity6.3M6.4M6.6M6.8M7.9M4.8M
Common Stock Shares Outstanding463.7M725.8M975.0M1.2B1.9B2.0B
Liabilities And Stockholders Equity2.6M4.1M5.1M5.1M7.3M5.4M
Other Current Assets56.0K39.4K124.3K106.2K1.7M1.8M
Other Stockholder Equity14.7M16.7M18.2M18.0M21.2M12.6M
Total Liab146.5K96.4K110.4K160.1K222.0K183.8K
Total Current Assets819.0K1.4M1.6M526.4K2.2M2.3M
Intangible Assets1.7K2.7K3.4K4.5K5.0M5.2M
Common Stock6.6M6.8M7.1M7.4M8.5M9.0M
Other Current Liab144.6K65.4K63.4K79.5K192.5K104.4K
Accounts Payable1.9K31.0K47.0K80.6K29.5K32.3K
Property Plant And Equipment Net10.4K25.7K20.2K38.3K28.2K26.8K
Accumulated Other Comprehensive Income2.2M2.3M2.1M2.2M2.1M2.4M
Net Tangible Assets682.9K1.3M1.5M490.5K441.5K667.2K
Net Receivables56.0K39.4K124.3K106.2K1.7M1.8M
Inventory(55.97)(39.38)(124.26)(106.17)(1.7M)(1.6M)
Property Plant And Equipment Gross1.7M2.7M3.5M4.5M5.0M3.0M
Net Invested Capital2.4M4.0M5.0M4.9M7.0M4.4M
Net Working Capital672.5K1.3M1.5M366.4K1.9M1.1M
Capital Stock6.6M6.8M7.1M7.4M8.5M7.9M

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