| RSYSTEMS | | | 470.15 0.25 0.05% |
R Systems financial indicator trend analysis is much more than just breaking down R Systems International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether R Systems International is a good investment. Please check the relationship between R Systems Accounts Payable and its Net Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in R Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Accounts Payable vs Net Debt
Accounts Payable vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
R Systems International Accounts Payable account and
Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between R Systems' Accounts Payable and Net Debt is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of R Systems International, assuming nothing else is changed. The correlation between historical values of R Systems' Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of R Systems International are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., R Systems' Accounts Payable and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents R Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of R Systems International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.
Most indicators from R Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into R Systems International 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 R Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
As of the 28th of November 2024,
Tax Provision is likely to grow to about 629.1
M, while
Selling General Administrative is likely to drop about 1.1
B.
R Systems fundamental ratios Correlations
Click cells to compare fundamentals
R Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
R Systems fundamental ratios Accounts
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Other Information on Investing in RSYSTEMS Stock
Balance Sheet is a snapshot of the
financial position of R Systems International at a specified time, usually calculated after every quarter, six months, or one year. R Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of R Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RSYSTEMS currently owns. An asset can also be divided into two categories, current and non-current.