Rocky Short Term Debt vs Inventory Analysis

RUM Stock

CAD 0.11 0.01 10.00%

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 Short Term Debt and its Inventory 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.

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

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

The correlation between Rocky Mountain's Short Term Debt and Inventory is 0.66. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory 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 Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Rocky Mountain Liquor are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., Rocky Mountain's Short Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Debt

Inventory

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 2025, whereas Tax Provision is likely to drop (90.5 K) in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	9.5M	9.5M	8.6M	8.7M
Total Revenue	43.2M	41.5M	37.3M	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		-0.39	0.83	-0.25	0.62	0.65	-0.13	-0.24	-0.05	0.64	0.15	-0.11	0.26	0.69	0.0	-0.06	0.2	-0.64	0.56	0.62	0.64	0.61	0.56	0.54	-0.19	-0.47
Total Current Liabilities	-0.39		-0.48	0.6	-0.23	-0.47	-0.39	-0.16	-0.38	-0.78	-0.19	-0.11	-0.61	-0.06	-0.23	-0.21	-0.48	0.67	-0.14	-0.15	-0.16	-0.05	-0.12	-0.05	0.11	0.19
Total Stockholder Equity	0.83	-0.48		-0.19	0.64	0.86	0.0	-0.16	-0.04	0.61	0.24	-0.13	0.22	0.16	-0.14	-0.05	0.11	-0.57	0.49	0.49	0.54	0.44	0.5	0.38	-0.16	-0.48
Other Liab	-0.25	0.6	-0.19		0.38	-0.54	-0.81	-0.78	-0.89	-0.69	-0.78	-0.79	-0.98	-0.2	-0.81	-0.84	-0.81	0.61	0.53	0.41	0.41	0.5	0.54	0.54	-0.09	-0.48
Net Tangible Assets	0.62	-0.23	0.64	0.38		0.26	-0.62	-0.79	-0.71	0.16	-0.56	-0.77	-0.39	0.26	-0.64	-0.73	-0.3	-0.08	0.9	0.95	0.97	0.9	0.87	0.9	-0.48	-0.97
Retained Earnings	0.65	-0.47	0.86	-0.54	0.26		0.4	0.32	0.37	0.66	0.65	0.31	0.53	0.02	0.16	0.39	0.3	-0.59	-0.01	0.07	0.14	-0.03	-0.01	-0.09	-0.12	-0.07
Accounts Payable	-0.13	-0.39	0.0	-0.81	-0.62	0.4		0.89	0.92	0.37	0.79	0.88	0.84	-0.24	0.8	0.9	0.72	-0.29	-0.73	-0.74	-0.72	-0.77	-0.71	-0.77	0.34	0.71
Cash	-0.24	-0.16	-0.16	-0.78	-0.79	0.32	0.89		0.93	0.22	0.86	0.93	0.77	-0.22	0.78	0.95	0.57	-0.2	-0.89	-0.85	-0.83	-0.9	-0.88	-0.93	0.24	0.86
Long Term Debt	-0.05	-0.38	-0.04	-0.89	-0.71	0.37	0.92	0.93		0.48	0.88	0.94	0.9	-0.04	0.86	0.97	0.71	-0.47	-0.77	-0.75	-0.75	-0.78	-0.75	-0.8	0.36	0.8
Net Receivables	0.64	-0.78	0.61	-0.69	0.16	0.66	0.37	0.22	0.48		0.48	0.28	0.68	0.33	0.33	0.36	0.47	-0.85	0.07	0.12	0.12	0.05	0.06	0.02	-0.02	-0.05
Good Will	0.15	-0.19	0.24	-0.78	-0.56	0.65	0.79	0.86	0.88	0.48		0.88	0.77	-0.05	0.66	0.91	0.51	-0.52	-0.69	-0.65	-0.62	-0.68	-0.66	-0.73	0.32	0.7
Inventory	-0.11	-0.11	-0.13	-0.79	-0.77	0.31	0.88	0.93	0.94	0.28	0.88		0.8	-0.02	0.87	0.99	0.66	-0.31	-0.84	-0.81	-0.8	-0.8	-0.8	-0.83	0.46	0.88
Other Stockholder Equity	0.26	-0.61	0.22	-0.98	-0.39	0.53	0.84	0.77	0.9	0.68	0.77	0.8		0.18	0.87	0.85	0.88	-0.6	-0.49	-0.43	-0.42	-0.49	-0.49	-0.53	0.17	0.49
Total Liab	0.69	-0.06	0.16	-0.2	0.26	0.02	-0.24	-0.22	-0.04	0.33	-0.05	-0.02	0.18		0.18	-0.04	0.21	-0.39	0.34	0.46	0.41	0.51	0.34	0.46	-0.12	-0.2
Short Long Term Debt	0.0	-0.23	-0.14	-0.81	-0.64	0.16	0.8	0.78	0.86	0.33	0.66	0.87	0.87	0.18		0.86	0.91	-0.28	-0.61	-0.6	-0.62	-0.59	-0.59	-0.63	0.38	0.7
Total Current Assets	-0.06	-0.21	-0.05	-0.84	-0.73	0.39	0.9	0.95	0.97	0.36	0.91	0.99	0.85	-0.04	0.86		0.68	-0.37	-0.81	-0.78	-0.77	-0.79	-0.78	-0.83	0.41	0.84
Short Term Debt	0.2	-0.48	0.11	-0.81	-0.3	0.3	0.72	0.57	0.71	0.47	0.51	0.66	0.88	0.21	0.91	0.68		-0.35	-0.33	-0.31	-0.32	-0.34	-0.31	-0.36	0.22	0.36
Intangible Assets	-0.64	0.67	-0.57	0.61	-0.08	-0.59	-0.29	-0.2	-0.47	-0.85	-0.52	-0.31	-0.6	-0.39	-0.28	-0.37	-0.35		-0.08	-0.08	-0.07	-0.06	-0.1	-0.02	-0.24	-0.02
Common Stock	0.56	-0.14	0.49	0.53	0.9	-0.01	-0.73	-0.89	-0.77	0.07	-0.69	-0.84	-0.49	0.34	-0.61	-0.81	-0.33	-0.08		0.93	0.92	0.96	0.99	0.96	-0.27	-0.91
Property Plant Equipment	0.62	-0.15	0.49	0.41	0.95	0.07	-0.74	-0.85	-0.75	0.12	-0.65	-0.81	-0.43	0.46	-0.6	-0.78	-0.31	-0.08	0.93		0.99	0.97	0.9	0.96	-0.5	-0.96
Other Assets	0.64	-0.16	0.54	0.41	0.97	0.14	-0.72	-0.83	-0.75	0.12	-0.62	-0.8	-0.42	0.41	-0.62	-0.77	-0.32	-0.07	0.92	0.99		0.95	0.89	0.94	-0.53	-0.96
Non Current Assets Total	0.61	-0.05	0.44	0.5	0.9	-0.03	-0.77	-0.9	-0.78	0.05	-0.68	-0.8	-0.49	0.51	-0.59	-0.79	-0.34	-0.06	0.96	0.97	0.95		0.96	0.99	-0.31	-0.9
Non Currrent Assets Other	0.56	-0.12	0.5	0.54	0.87	-0.01	-0.71	-0.88	-0.75	0.06	-0.66	-0.8	-0.49	0.34	-0.59	-0.78	-0.31	-0.1	0.99	0.9	0.89	0.96		0.95	-0.16	-0.88
Non Current Liabilities Total	0.54	-0.05	0.38	0.54	0.9	-0.09	-0.77	-0.93	-0.8	0.02	-0.73	-0.83	-0.53	0.46	-0.63	-0.83	-0.36	-0.02	0.96	0.96	0.94	0.99	0.95		-0.32	-0.91
Other Current Liab	-0.19	0.11	-0.16	-0.09	-0.48	-0.12	0.34	0.24	0.36	-0.02	0.32	0.46	0.17	-0.12	0.38	0.41	0.22	-0.24	-0.27	-0.5	-0.53	-0.31	-0.16	-0.32		0.53
Net Debt	-0.47	0.19	-0.48	-0.48	-0.97	-0.07	0.71	0.86	0.8	-0.05	0.7	0.88	0.49	-0.2	0.7	0.84	0.36	-0.02	-0.91	-0.96	-0.96	-0.9	-0.88	-0.91	0.53

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Rocky Mountain Account Relationship Matchups

Rocky Mountain fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	26.8M	26.0M	23.8M	22.8M	26.2M	24.4M
Total Current Liabilities	7.4M	4.8M	4.1M	3.6M	3.2M	5.7M
Total Stockholder Equity	7.0M	8.1M	8.5M	8.9M	10.3M	6.5M
Net Tangible Assets	(6.4M)	(826.9K)	791.0K	1.9M	2.2M	2.3M
Retained Earnings	(1.4M)	(242.6K)	34.9K	498.0K	448.2K	470.6K
Accounts Payable	554.2K	595.7K	470.8K	571.5K	514.3K	489.2K
Cash	147.0K	118.0K	146.9K	266.9K	240.2K	433.9K
Net Receivables	438.2K	433.4K	443.7K	392.3K	451.1K	406.2K
Inventory	4.8M	5.0M	4.7M	4.1M	3.7M	4.4M
Total Liab	19.8M	17.8M	15.3M	13.8M	15.9M	17.9M
Short Long Term Debt	5.2M	2.7M	2.1M	1.6M	1.5M	1.4M
Total Current Assets	5.5M	5.7M	5.5M	5.1M	4.6M	5.3M
Property Plant Equipment	2.2M	15.0M	15.1M	13.9M	16.0M	16.8M
Non Current Assets Total	21.3M	20.3M	18.3M	17.7M	20.4M	17.4M
Non Current Liabilities Total	12.4M	13.0M	11.2M	10.3M	11.8M	10.5M
Net Debt	5.1M	3.9M	2.9M	1.7M	1.6M	1.5M
Net Invested Capital	12.2M	12.2M	11.6M	11.0M	9.9M	10.3M
Net Working Capital	(1.9M)	859.7K	1.4M	1.5M	1.7M	1.8M
Property Plant And Equipment Net	15.1M	13.9M	12.0M	11.2M	10.1M	10.7M
Capital Lease Obligations	13.9M	13.1M	11.7M	11.2M	10.1M	10.1M
Property Plant And Equipment Gross	20.7M	19.6M	16.8M	16.2M	14.6M	15.0M

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