Rockfire Short Term Debt vs Non Currrent Assets Other 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 Short Term Debt and its Non Currrent Assets Other 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.
Short Term Debt vs Non Currrent Assets Other
Short Term Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockfire Resources plc Short Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rockfire Resources' Short Term Debt and Non Currrent Assets Other is -0.07. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Currrent Assets Other 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' Short Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Rockfire Resources plc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Debt i.e., Rockfire Resources' Short Term Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 |
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.Additional Tools for Rockfire Stock Analysis
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.