Riverside Non Currrent Assets Other vs Total Stockholder Equity Analysis

RRI Stock  CAD 0.14  0.00  0.00%   
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 Non Currrent Assets Other and its Total Stockholder Equity 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.

Non Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riverside Resources Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Riverside Resources' Non Currrent Assets Other and Total Stockholder Equity is 0.04. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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' Non Currrent Assets Other and Total Stockholder 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 Non Currrent Assets Other of Riverside Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Riverside Resources' Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expenses1.3M1.2M1.1M1.0M
Depreciation And Amortization63.2K54.8K63.0K43.5K

Riverside Resources fundamental ratios Correlations

0.70.960.82-0.75-0.460.590.70.870.880.340.85-0.04-0.290.70.890.070.140.270.440.650.730.190.520.670.26
0.70.460.51-0.7-0.340.40.580.590.55-0.040.75-0.24-0.231.00.640.110.370.40.850.550.50.580.550.42-0.03
0.960.460.82-0.64-0.430.570.630.840.870.440.750.05-0.260.460.840.040.020.170.190.590.7-0.010.420.660.34
0.820.510.82-0.65-0.670.510.60.990.540.320.86-0.27-0.510.510.480.440.3-0.090.350.790.60.290.720.52-0.09
-0.75-0.7-0.64-0.650.38-0.78-0.96-0.74-0.560.05-0.790.610.51-0.7-0.590.02-0.48-0.16-0.52-0.78-0.77-0.09-0.53-0.79-0.31
-0.46-0.34-0.43-0.670.38-0.1-0.34-0.63-0.18-0.23-0.670.240.08-0.34-0.19-0.47-0.22-0.02-0.23-0.520.04-0.28-0.31-0.120.28
0.590.40.570.51-0.78-0.10.860.580.57-0.090.5-0.38-0.360.40.47-0.10.22-0.150.260.590.7-0.220.430.790.31
0.70.580.630.6-0.96-0.340.860.680.540.00.71-0.6-0.470.580.55-0.020.460.060.430.80.76-0.050.510.820.35
0.870.590.840.99-0.74-0.630.580.680.590.230.9-0.32-0.510.590.550.360.31-0.010.420.810.670.280.70.620.01
0.880.550.870.54-0.56-0.180.570.540.590.360.60.30.00.550.95-0.28-0.120.210.190.330.6-0.10.220.590.41
0.34-0.040.440.320.05-0.23-0.090.00.230.360.260.380.15-0.040.360.250.1-0.21-0.030.220.070.040.23-0.03-0.13
0.850.750.750.86-0.79-0.670.50.710.90.60.26-0.36-0.330.750.610.210.390.110.560.790.570.340.570.610.07
-0.04-0.240.05-0.270.610.24-0.38-0.6-0.320.30.38-0.360.57-0.240.23-0.24-0.670.07-0.37-0.65-0.39-0.13-0.4-0.45-0.06
-0.29-0.23-0.26-0.510.510.08-0.36-0.47-0.510.00.15-0.330.57-0.23-0.01-0.29-0.330.03-0.29-0.51-0.6-0.33-0.7-0.230.14
0.71.00.460.51-0.7-0.340.40.580.590.55-0.040.75-0.24-0.230.640.110.370.390.850.550.50.580.550.42-0.04
0.890.640.840.48-0.59-0.190.470.550.550.950.360.610.23-0.010.64-0.22-0.050.460.350.360.610.060.220.560.43
0.070.110.040.440.02-0.47-0.1-0.020.36-0.280.250.21-0.24-0.290.11-0.220.35-0.150.370.460.00.580.63-0.15-0.64
0.140.370.020.3-0.48-0.220.220.460.31-0.120.10.39-0.67-0.330.37-0.050.35-0.270.530.660.310.260.510.3-0.15
0.270.40.17-0.09-0.16-0.02-0.150.06-0.010.21-0.210.110.070.030.390.46-0.15-0.270.35-0.110.160.34-0.170.050.33
0.440.850.190.35-0.52-0.230.260.430.420.19-0.030.56-0.37-0.290.850.350.370.530.350.510.370.790.630.19-0.3
0.650.550.590.79-0.78-0.520.590.80.810.330.220.79-0.65-0.510.550.360.460.66-0.110.510.690.240.770.690.03
0.730.50.70.6-0.770.040.70.760.670.60.070.57-0.39-0.60.50.610.00.310.160.370.690.040.590.810.45
0.190.58-0.010.29-0.09-0.28-0.22-0.050.28-0.10.040.34-0.13-0.330.580.060.580.260.340.790.240.040.58-0.29-0.63
0.520.550.420.72-0.53-0.310.430.510.70.220.230.57-0.4-0.70.550.220.630.51-0.170.630.770.590.580.27-0.43
0.670.420.660.52-0.79-0.120.790.820.620.59-0.030.61-0.45-0.230.420.56-0.150.30.050.190.690.81-0.290.270.67
0.26-0.030.34-0.09-0.310.280.310.350.010.41-0.130.07-0.060.14-0.040.43-0.64-0.150.33-0.30.030.45-0.63-0.430.67
Click cells to compare fundamentals

Riverside Resources Account Relationship Matchups

Riverside Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2M14.9M16.3M15.3M17.6M11.6M
Total Current Liabilities2.6M3.9M4.1M1.8M2.0M1.3M
Total Stockholder Equity9.6M11.0M12.2M13.6M15.6M10.3M
Property Plant And Equipment Net5.4M6.3M4.8M6.6M7.6M4.4M
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 Payable158.2K474.3K238.4K482.3K554.6K582.3K
Cash4.6M6.0M6.9M7.2M8.3M8.7M
Non Current Assets Total5.4M7.3M5.9M7.4M8.6M4.6M
Cash And Short Term Investments6.1M7.4M7.1M7.4M8.5M6.3M
Net Receivables610.2K95.2K203.5K380.4K437.5K394.4K
Common Stock Shares Outstanding72.6M66.1M67.8M67.8M78.0M44.8M
Short Term Investments1.5M1.4M130.2K181.3K163.2K155.0K
Liabilities And Stockholders Equity12.2M14.9M16.3M15.3M17.6M11.6M
Other Stockholder Equity1.9M1.2M1.4M2.3M2.1M2.0M
Total Liab2.7M3.9M4.1M1.8M2.0M1.3M
Total Current Assets6.8M7.6M10.4M7.9M9.1M7.0M
Other Current Assets109.7K129.6K3.1M1.01.151.09
Other Current Liab2.5M3.4M3.8M1.3M1.5M1.7M
Accumulated Other Comprehensive Income1.2M1.4M2.3M4.0M4.6M2.4M
Common Stock27.3M25.0M25.5M26.0M29.9M26.3M
Net Tangible Assets10.1M9.6M11.0M12.2M14.1M10.4M
Property Plant Equipment6.6M5.4M6.3M4.8M5.6M5.2M
Net Invested Capital9.6M11.0M12.2M13.6M15.6M11.8M
Net Working Capital4.1M3.7M6.3M6.1M7.0M5.1M
Capital Stock27.3M25.0M25.5M26.0M29.9M28.3M

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