Roth Net Debt vs Retained Earnings Analysis

ROCLU Stock  USD 11.25  0.24  2.09%   
Roth CH financial indicator trend analysis is much more than just breaking down Roth CH Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roth CH Acquisition is a good investment. Please check the relationship between Roth CH Net Debt and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roth CH Acquisition. 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.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roth CH Acquisition Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Roth CH's Net Debt and Retained Earnings is -0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Roth CH Acquisition, assuming nothing else is changed. The correlation between historical values of Roth CH's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Roth CH Acquisition are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Roth CH's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Roth CH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roth CH Acquisition 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 Roth CH Acquisition. 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.
Selling General Administrative is likely to gain to about 1.9 M in 2024, whereas Tax Provision is likely to drop slightly above 451.7 K in 2024.

Roth CH fundamental ratios Correlations

0.060.131.00.090.67-0.890.760.131.01.00.691.00.080.01-0.020.020.680.010.010.01
0.061.00.04-0.97-0.07-0.49-0.11.00.050.060.130.061.0-0.951.0-1.0-0.04-0.95-0.95-0.95
0.131.00.1-0.94-0.09-0.53-0.11.00.110.120.230.121.0-0.940.98-0.980.06-0.94-0.94-0.94
1.00.040.10.110.67-0.880.770.11.01.00.681.00.060.03-0.040.040.680.030.030.03
0.09-0.97-0.940.110.040.330.1-0.940.110.090.120.09-0.950.92-0.980.990.280.920.920.92
0.67-0.07-0.090.670.04-0.560.99-0.090.670.67-0.080.67-0.120.1-0.10.1-0.070.10.10.1
-0.89-0.49-0.53-0.880.33-0.56-0.63-0.53-0.89-0.89-0.64-0.89-0.50.44-0.410.41-0.560.440.440.44
0.76-0.1-0.10.770.10.99-0.63-0.10.770.770.060.77-0.140.14-0.150.150.070.140.140.14
0.131.01.00.1-0.94-0.09-0.53-0.10.110.120.230.121.0-0.940.98-0.980.06-0.94-0.94-0.94
1.00.050.111.00.110.67-0.890.770.111.00.681.00.060.03-0.040.040.680.030.030.03
1.00.060.121.00.090.67-0.890.770.121.00.691.00.080.01-0.020.020.680.010.010.01
0.690.130.230.680.12-0.08-0.640.060.230.680.690.690.2-0.050.05-0.050.99-0.05-0.05-0.05
1.00.060.121.00.090.67-0.890.770.121.01.00.690.080.01-0.020.020.680.010.010.01
0.081.01.00.06-0.95-0.12-0.5-0.141.00.060.080.20.08-0.930.99-0.990.03-0.93-0.93-0.93
0.01-0.95-0.940.030.920.10.440.14-0.940.030.01-0.050.01-0.93-0.950.940.11.01.01.0
-0.021.00.98-0.04-0.98-0.1-0.41-0.150.98-0.04-0.020.05-0.020.99-0.95-1.0-0.12-0.95-0.95-0.95
0.02-1.0-0.980.040.990.10.410.15-0.980.040.02-0.050.02-0.990.94-1.00.120.940.940.94
0.68-0.040.060.680.28-0.07-0.560.070.060.680.680.990.680.030.1-0.120.120.10.10.1
0.01-0.95-0.940.030.920.10.440.14-0.940.030.01-0.050.01-0.931.0-0.950.940.11.01.0
0.01-0.95-0.940.030.920.10.440.14-0.940.030.01-0.050.01-0.931.0-0.950.940.11.01.0
0.01-0.95-0.940.030.920.10.440.14-0.940.030.01-0.050.01-0.931.0-0.950.940.11.01.0
Click cells to compare fundamentals

Roth CH Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Roth Stock Analysis

When running Roth CH's price analysis, check to measure Roth CH's 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 Roth CH is operating at the current time. Most of Roth CH's value examination focuses on studying past and present price action to predict the probability of Roth CH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roth CH's price. Additionally, you may evaluate how the addition of Roth CH to your portfolios can decrease your overall portfolio volatility.