Rocky Other Liab vs Short Term Debt 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 Other Liab and its Short Term Debt 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.

Other Liab vs Short Term Debt

Other Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocky Mountain Liquor Other Liab account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Rocky Mountain's Other Liab and Short Term Debt is -0.81. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Short Term Debt 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 Other Liab and Short Term 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 Other Liab of Rocky Mountain Liquor are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Liab i.e., Rocky Mountain's Other Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

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Other Liab

Short Term Debt

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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