Riverside Cash vs Property Plant And Equipment Net Analysis

RRI Stock

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Riverside Resources financial indicator trend analysis is much more than just breaking down Riverside Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riverside Resources is a good investment. Please check the relationship between Riverside Resources Cash and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riverside Resources. 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 Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riverside Resources Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.

The correlation between Riverside Resources' Cash and Property Plant And Equipment Net is 0.6. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Riverside Resources, assuming nothing else is changed. The correlation between historical values of Riverside Resources' Cash and Property Plant And Equipment Net 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 Riverside Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Riverside Resources' Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Riverside Resources, which is listed under current asset account on Riverside Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Riverside Resources customers. The amounts must be unrestricted with restricted cash listed in a different Riverside 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Riverside Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riverside Resources 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 Riverside Resources. 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.

At this time, Riverside Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 7.43 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.3M	1.2M	1.1M	1.0M
Depreciation And Amortization	63.2K	54.8K	63.0K	43.5K

Other Operating Expenses Depreciation And Amortization

Riverside Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Inventory	Other Current Assets	Other Current Liab	Common Stock	Net Tangible Assets	Other Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		0.7	0.96	0.82	-0.75	-0.46	0.59	0.7	0.87	0.88	0.34	0.85	-0.04	-0.29	0.7	0.89	0.07	0.14	0.27	0.44	0.65	0.73	0.19	0.52	0.67	0.26
Total Current Liabilities	0.7		0.46	0.51	-0.7	-0.34	0.4	0.58	0.59	0.55	-0.04	0.75	-0.24	-0.23	1.0	0.64	0.11	0.37	0.4	0.85	0.55	0.5	0.58	0.55	0.42	-0.03
Total Stockholder Equity	0.96	0.46		0.82	-0.64	-0.43	0.57	0.63	0.84	0.87	0.44	0.75	0.05	-0.26	0.46	0.84	0.04	0.02	0.17	0.19	0.59	0.7	-0.01	0.42	0.66	0.34
Property Plant And Equipment Net	0.82	0.51	0.82		-0.65	-0.67	0.51	0.6	0.99	0.54	0.32	0.86	-0.27	-0.51	0.51	0.48	0.44	0.3	-0.09	0.35	0.79	0.6	0.29	0.72	0.52	-0.09
Net Debt	-0.75	-0.7	-0.64	-0.65		0.38	-0.78	-0.96	-0.74	-0.56	0.05	-0.79	0.61	0.51	-0.7	-0.59	0.02	-0.48	-0.16	-0.52	-0.78	-0.77	-0.09	-0.53	-0.79	-0.31
Retained Earnings	-0.46	-0.34	-0.43	-0.67	0.38		-0.1	-0.34	-0.63	-0.18	-0.23	-0.67	0.24	0.08	-0.34	-0.19	-0.47	-0.22	-0.02	-0.23	-0.52	0.04	-0.28	-0.31	-0.12	0.28
Accounts Payable	0.59	0.4	0.57	0.51	-0.78	-0.1		0.86	0.58	0.57	-0.09	0.5	-0.38	-0.36	0.4	0.47	-0.1	0.22	-0.15	0.26	0.59	0.7	-0.22	0.43	0.79	0.31
Cash	0.7	0.58	0.63	0.6	-0.96	-0.34	0.86		0.68	0.54	0.0	0.71	-0.6	-0.47	0.58	0.55	-0.02	0.46	0.06	0.43	0.8	0.76	-0.05	0.51	0.82	0.35
Non Current Assets Total	0.87	0.59	0.84	0.99	-0.74	-0.63	0.58	0.68		0.59	0.23	0.9	-0.32	-0.51	0.59	0.55	0.36	0.31	-0.01	0.42	0.81	0.67	0.28	0.7	0.62	0.01
Cash And Short Term Investments	0.88	0.55	0.87	0.54	-0.56	-0.18	0.57	0.54	0.59		0.36	0.6	0.3	0.0	0.55	0.95	-0.28	-0.12	0.21	0.19	0.33	0.6	-0.1	0.22	0.59	0.41
Net Receivables	0.34	-0.04	0.44	0.32	0.05	-0.23	-0.09	0.0	0.23	0.36		0.26	0.38	0.15	-0.04	0.36	0.25	0.1	-0.21	-0.03	0.22	0.07	0.04	0.23	-0.03	-0.13
Common Stock Shares Outstanding	0.85	0.75	0.75	0.86	-0.79	-0.67	0.5	0.71	0.9	0.6	0.26		-0.36	-0.33	0.75	0.61	0.21	0.39	0.11	0.56	0.79	0.57	0.34	0.57	0.61	0.07
Short Term Investments	-0.04	-0.24	0.05	-0.27	0.61	0.24	-0.38	-0.6	-0.32	0.3	0.38	-0.36		0.57	-0.24	0.23	-0.24	-0.67	0.07	-0.37	-0.65	-0.39	-0.13	-0.4	-0.45	-0.06
Other Stockholder Equity	-0.29	-0.23	-0.26	-0.51	0.51	0.08	-0.36	-0.47	-0.51	0.0	0.15	-0.33	0.57		-0.23	-0.01	-0.29	-0.33	0.03	-0.29	-0.51	-0.6	-0.33	-0.7	-0.23	0.14
Total Liab	0.7	1.0	0.46	0.51	-0.7	-0.34	0.4	0.58	0.59	0.55	-0.04	0.75	-0.24	-0.23		0.64	0.11	0.37	0.39	0.85	0.55	0.5	0.58	0.55	0.42	-0.04
Total Current Assets	0.89	0.64	0.84	0.48	-0.59	-0.19	0.47	0.55	0.55	0.95	0.36	0.61	0.23	-0.01	0.64		-0.22	-0.05	0.46	0.35	0.36	0.61	0.06	0.22	0.56	0.43
Non Currrent Assets Other	0.07	0.11	0.04	0.44	0.02	-0.47	-0.1	-0.02	0.36	-0.28	0.25	0.21	-0.24	-0.29	0.11	-0.22		0.35	-0.15	0.37	0.46	0.0	0.58	0.63	-0.15	-0.64
Inventory	0.14	0.37	0.02	0.3	-0.48	-0.22	0.22	0.46	0.31	-0.12	0.1	0.39	-0.67	-0.33	0.37	-0.05	0.35		-0.27	0.53	0.66	0.31	0.26	0.51	0.3	-0.15
Other Current Assets	0.27	0.4	0.17	-0.09	-0.16	-0.02	-0.15	0.06	-0.01	0.21	-0.21	0.11	0.07	0.03	0.39	0.46	-0.15	-0.27		0.35	-0.11	0.16	0.34	-0.17	0.05	0.33
Other Current Liab	0.44	0.85	0.19	0.35	-0.52	-0.23	0.26	0.43	0.42	0.19	-0.03	0.56	-0.37	-0.29	0.85	0.35	0.37	0.53	0.35		0.51	0.37	0.79	0.63	0.19	-0.3
Common Stock	0.65	0.55	0.59	0.79	-0.78	-0.52	0.59	0.8	0.81	0.33	0.22	0.79	-0.65	-0.51	0.55	0.36	0.46	0.66	-0.11	0.51		0.69	0.24	0.77	0.69	0.03
Net Tangible Assets	0.73	0.5	0.7	0.6	-0.77	0.04	0.7	0.76	0.67	0.6	0.07	0.57	-0.39	-0.6	0.5	0.61	0.0	0.31	0.16	0.37	0.69		0.04	0.59	0.81	0.45
Other Assets	0.19	0.58	-0.01	0.29	-0.09	-0.28	-0.22	-0.05	0.28	-0.1	0.04	0.34	-0.13	-0.33	0.58	0.06	0.58	0.26	0.34	0.79	0.24	0.04		0.58	-0.29	-0.63
Property Plant Equipment	0.52	0.55	0.42	0.72	-0.53	-0.31	0.43	0.51	0.7	0.22	0.23	0.57	-0.4	-0.7	0.55	0.22	0.63	0.51	-0.17	0.63	0.77	0.59	0.58		0.27	-0.43
Net Invested Capital	0.67	0.42	0.66	0.52	-0.79	-0.12	0.79	0.82	0.62	0.59	-0.03	0.61	-0.45	-0.23	0.42	0.56	-0.15	0.3	0.05	0.19	0.69	0.81	-0.29	0.27		0.67
Net Working Capital	0.26	-0.03	0.34	-0.09	-0.31	0.28	0.31	0.35	0.01	0.41	-0.13	0.07	-0.06	0.14	-0.04	0.43	-0.64	-0.15	0.33	-0.3	0.03	0.45	-0.63	-0.43	0.67

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Riverside Resources Account Relationship Matchups

Riverside Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.2M	14.9M	16.3M	15.3M	17.6M	11.6M
Total Current Liabilities	2.6M	3.9M	4.1M	1.8M	2.0M	1.3M
Total Stockholder Equity	9.6M	11.0M	12.2M	13.6M	15.6M	10.3M
Property Plant And Equipment Net	5.4M	6.3M	4.8M	6.6M	7.6M	4.4M
Net Debt	(4.6M)	(6.0M)	(6.9M)	(7.2M)	(6.5M)	(6.2M)
Retained Earnings	(16.6M)	(15.9M)	(16.1M)	(16.5M)	(14.8M)	(15.6M)
Accounts Payable	158.2K	474.3K	238.4K	482.3K	554.6K	582.3K
Cash	4.6M	6.0M	6.9M	7.2M	8.3M	8.7M
Non Current Assets Total	5.4M	7.3M	5.9M	7.4M	8.6M	4.6M
Cash And Short Term Investments	6.1M	7.4M	7.1M	7.4M	8.5M	6.3M
Net Receivables	610.2K	95.2K	203.5K	380.4K	437.5K	394.4K
Common Stock Shares Outstanding	72.6M	66.1M	67.8M	67.8M	78.0M	44.8M
Short Term Investments	1.5M	1.4M	130.2K	181.3K	163.2K	155.0K
Liabilities And Stockholders Equity	12.2M	14.9M	16.3M	15.3M	17.6M	11.6M
Other Stockholder Equity	1.9M	1.2M	1.4M	2.3M	2.1M	2.0M
Total Liab	2.7M	3.9M	4.1M	1.8M	2.0M	1.3M
Total Current Assets	6.8M	7.6M	10.4M	7.9M	9.1M	7.0M
Other Current Assets	109.7K	129.6K	3.1M	1.0	1.15	1.09
Other Current Liab	2.5M	3.4M	3.8M	1.3M	1.5M	1.7M
Accumulated Other Comprehensive Income	1.2M	1.4M	2.3M	4.0M	4.6M	2.4M
Common Stock	27.3M	25.0M	25.5M	26.0M	29.9M	26.3M
Net Tangible Assets	10.1M	9.6M	11.0M	12.2M	14.1M	10.4M
Property Plant Equipment	6.6M	5.4M	6.3M	4.8M	5.6M	5.2M
Net Invested Capital	9.6M	11.0M	12.2M	13.6M	15.6M	11.8M
Net Working Capital	4.1M	3.7M	6.3M	6.1M	7.0M	5.1M
Capital Stock	27.3M	25.0M	25.5M	26.0M	29.9M	28.3M

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