Rocky Net Debt vs Retained Earnings Analysis

RUM Stock

CAD 0.13 0.01 8.33%

Rocky Mountain financial indicator trend analysis is much more than just breaking down Rocky Mountain Liquor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocky Mountain Liquor is a good investment. Please check the relationship between Rocky Mountain 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 Rocky Mountain Liquor. 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.

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 Rocky Mountain Liquor Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Rocky Mountain's Net Debt and Retained Earnings is -0.04. 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 Rocky Mountain Liquor, assuming nothing else is changed. The correlation between historical values of Rocky Mountain'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 Rocky Mountain Liquor 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., Rocky Mountain's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

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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 Rocky Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocky Mountain Liquor 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 Rocky Mountain Liquor. 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.

Selling General Administrative is likely to climb to about 6.4 M in 2024, whereas Tax Provision is likely to drop (78.7 K) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	10.0M	9.5M	9.5M	8.7M
Total Revenue	44.8M	43.2M	41.5M	37.5M

Gross Profit Total Revenue

Rocky Mountain fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Liab	Net Debt
Total Assets		-0.36	0.82	-0.33	0.59	0.65	-0.09	-0.19	0.01	0.64	0.22	-0.01	0.31	0.72	0.06	0.03	0.23	-0.68	0.48	0.58	0.59	0.58	0.49	0.51	-0.1	-0.43
Total Current Liabilities	-0.36		-0.45	0.66	-0.18	-0.46	-0.46	-0.22	-0.46	-0.78	-0.25	-0.23	-0.66	-0.07	-0.31	-0.31	-0.51	0.67	-0.08	-0.1	-0.11	0.01	-0.06	0.01	0.11	0.13
Total Stockholder Equity	0.82	-0.45		-0.29	0.59	0.89	0.09	-0.07	0.06	0.62	0.35	0.03	0.3	0.2	-0.05	0.1	0.16	-0.6	0.41	0.44	0.49	0.36	0.42	0.31	-0.15	-0.4
Other Liab	-0.33	0.66	-0.29		0.35	-0.56	-0.79	-0.77	-0.89	-0.72	-0.77	-0.8	-0.98	-0.21	-0.81	-0.84	-0.81	0.63	0.51	0.39	0.38	0.47	0.52	0.51	-0.1	-0.46
Net Tangible Assets	0.59	-0.18	0.59	0.35		0.24	-0.59	-0.77	-0.69	0.14	-0.53	-0.74	-0.36	0.3	-0.6	-0.69	-0.29	-0.06	0.89	0.95	0.97	0.89	0.86	0.88	-0.54	-0.97
Retained Earnings	0.65	-0.46	0.89	-0.56	0.24		0.43	0.36	0.41	0.66	0.68	0.38	0.55	0.03	0.19	0.46	0.31	-0.59	-0.04	0.05	0.12	-0.07	-0.04	-0.12	-0.14	-0.04
Accounts Payable	-0.09	-0.46	0.09	-0.79	-0.59	0.43		0.88	0.91	0.4	0.77	0.89	0.83	-0.26	0.79	0.9	0.72	-0.3	-0.7	-0.72	-0.69	-0.75	-0.68	-0.76	0.33	0.69
Cash	-0.19	-0.22	-0.07	-0.77	-0.77	0.36	0.88		0.93	0.25	0.85	0.93	0.76	-0.24	0.76	0.95	0.57	-0.23	-0.88	-0.84	-0.81	-0.89	-0.87	-0.93	0.26	0.85
Long Term Debt	0.01	-0.46	0.06	-0.89	-0.69	0.41	0.91	0.93		0.52	0.87	0.95	0.9	-0.06	0.85	0.97	0.72	-0.5	-0.75	-0.74	-0.73	-0.76	-0.73	-0.79	0.4	0.78
Net Receivables	0.64	-0.78	0.62	-0.72	0.14	0.66	0.4	0.25	0.52		0.51	0.35	0.71	0.34	0.36	0.42	0.49	-0.86	0.03	0.09	0.09	0.03	0.02	0.0	0.03	-0.02
Good Will	0.22	-0.25	0.35	-0.77	-0.53	0.68	0.77	0.85	0.87	0.51		0.89	0.77	-0.05	0.65	0.92	0.5	-0.54	-0.67	-0.63	-0.6	-0.65	-0.64	-0.71	0.35	0.69
Inventory	-0.01	-0.23	0.03	-0.8	-0.74	0.38	0.89	0.93	0.95	0.35	0.89		0.82	-0.06	0.86	0.99	0.69	-0.36	-0.81	-0.8	-0.79	-0.77	-0.77	-0.81	0.51	0.86
Other Stockholder Equity	0.31	-0.66	0.3	-0.98	-0.36	0.55	0.83	0.76	0.9	0.71	0.77	0.82		0.17	0.87	0.86	0.88	-0.62	-0.47	-0.41	-0.4	-0.47	-0.47	-0.51	0.18	0.47
Total Liab	0.72	-0.07	0.2	-0.21	0.3	0.03	-0.26	-0.24	-0.06	0.34	-0.05	-0.06	0.17		0.17	-0.07	0.21	-0.43	0.33	0.47	0.42	0.57	0.34	0.51	0.0	-0.25
Short Long Term Debt	0.06	-0.31	-0.05	-0.81	-0.6	0.19	0.79	0.76	0.85	0.36	0.65	0.86	0.87	0.17		0.85	0.92	-0.3	-0.58	-0.58	-0.59	-0.55	-0.55	-0.59	0.41	0.67
Total Current Assets	0.03	-0.31	0.1	-0.84	-0.69	0.46	0.9	0.95	0.97	0.42	0.92	0.99	0.86	-0.07	0.85		0.69	-0.42	-0.78	-0.76	-0.75	-0.76	-0.74	-0.81	0.44	0.82
Short Term Debt	0.23	-0.51	0.16	-0.81	-0.29	0.31	0.72	0.57	0.72	0.49	0.5	0.69	0.88	0.21	0.92	0.69		-0.36	-0.32	-0.3	-0.31	-0.32	-0.3	-0.34	0.23	0.36
Intangible Assets	-0.68	0.67	-0.6	0.63	-0.06	-0.59	-0.3	-0.23	-0.5	-0.86	-0.54	-0.36	-0.62	-0.43	-0.3	-0.42	-0.36		-0.06	-0.06	-0.05	-0.06	-0.08	-0.02	-0.23	-0.05
Common Stock	0.48	-0.08	0.41	0.51	0.89	-0.04	-0.7	-0.88	-0.75	0.03	-0.67	-0.81	-0.47	0.33	-0.58	-0.78	-0.32	-0.06		0.93	0.92	0.93	0.99	0.92	-0.31	-0.91
Property Plant Equipment	0.58	-0.1	0.44	0.39	0.95	0.05	-0.72	-0.84	-0.74	0.09	-0.63	-0.8	-0.41	0.47	-0.58	-0.76	-0.3	-0.06	0.93		0.99	0.96	0.9	0.94	-0.54	-0.96
Other Assets	0.59	-0.11	0.49	0.38	0.97	0.12	-0.69	-0.81	-0.73	0.09	-0.6	-0.79	-0.4	0.42	-0.59	-0.75	-0.31	-0.05	0.92	0.99		0.94	0.89	0.92	-0.57	-0.97
Non Current Assets Total	0.58	0.01	0.36	0.47	0.89	-0.07	-0.75	-0.89	-0.76	0.03	-0.65	-0.77	-0.47	0.57	-0.55	-0.76	-0.32	-0.06	0.93	0.96	0.94		0.93	0.99	-0.3	-0.89
Non Currrent Assets Other	0.49	-0.06	0.42	0.52	0.86	-0.04	-0.68	-0.87	-0.73	0.02	-0.64	-0.77	-0.47	0.34	-0.55	-0.74	-0.3	-0.08	0.99	0.9	0.89	0.93		0.92	-0.2	-0.87
Non Current Liabilities Total	0.51	0.01	0.31	0.51	0.88	-0.12	-0.76	-0.93	-0.79	0.0	-0.71	-0.81	-0.51	0.51	-0.59	-0.81	-0.34	-0.02	0.92	0.94	0.92	0.99	0.92		-0.3	-0.91
Other Current Liab	-0.1	0.11	-0.15	-0.1	-0.54	-0.14	0.33	0.26	0.4	0.03	0.35	0.51	0.18	0.0	0.41	0.44	0.23	-0.23	-0.31	-0.54	-0.57	-0.3	-0.2	-0.3		0.6
Net Debt	-0.43	0.13	-0.4	-0.46	-0.97	-0.04	0.69	0.85	0.78	-0.02	0.69	0.86	0.47	-0.25	0.67	0.82	0.36	-0.05	-0.91	-0.96	-0.97	-0.89	-0.87	-0.91	0.6

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Rocky Mountain Account Relationship Matchups

Rocky Mountain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.2M	26.8M	26.0M	23.8M	22.8M	24.4M
Total Current Liabilities	10.0M	7.4M	4.8M	4.1M	3.6M	5.7M
Total Stockholder Equity	5.5M	7.0M	8.1M	8.5M	8.9M	6.5M
Net Tangible Assets	(6.4M)	(826.9K)	791.0K	1.9M	2.2M	2.3M
Retained Earnings	(2.9M)	(1.4M)	(242.6K)	34.9K	498.0K	522.9K
Accounts Payable	355.4K	554.2K	595.7K	470.8K	571.5K	489.2K
Cash	253.2K	147.0K	118.0K	146.9K	266.9K	433.9K
Long Term Debt	5.9M	6.1M	1.4M	952.0K	400.0K	380.0K
Net Receivables	358.0K	438.2K	433.4K	443.7K	392.3K	406.2K
Inventory	5.0M	4.8M	5.0M	4.7M	4.1M	4.4M
Total Liab	21.7M	19.8M	17.8M	15.3M	13.8M	17.9M
Short Long Term Debt	7.9M	5.2M	2.7M	2.1M	1.6M	1.5M
Total Current Assets	5.9M	5.5M	5.7M	5.5M	5.1M	5.3M
Property Plant Equipment	2.2M	15.0M	15.1M	13.9M	16.0M	16.8M
Non Current Assets Total	21.3M	21.3M	20.3M	18.3M	17.7M	17.4M
Non Current Liabilities Total	11.7M	12.4M	13.0M	11.2M	10.3M	10.5M
Net Debt	7.6M	5.1M	3.9M	2.9M	1.7M	1.7M
Net Invested Capital	13.3M	12.2M	12.2M	11.6M	11.0M	10.3M
Net Working Capital	(4.1M)	(1.9M)	859.7K	1.4M	1.5M	1.6M

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