Rumble Total Current Liabilities vs Non Current Assets Total Analysis
| RUM Stock | USD 11.52 0.22 1.95% |
Rumble financial indicator trend analysis is much more than just breaking down Rumble Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rumble Inc is a good investment. Please check the relationship between Rumble Total Current Liabilities and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Total Current Liabilities vs Non Current Assets Total
Total Current Liabilities vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Rumble's Total Current Liabilities and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Rumble Inc, assuming nothing else is changed. The correlation between historical values of Rumble's Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Rumble Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Rumble's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Rumble balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rumble Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Rumble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rumble Inc 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 Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. As of the 16th of February 2025, Selling General Administrative is likely to grow to about 44.8 M, though Tax Provision is likely to grow to (2.8 M).
| 2022 | 2024 | 2025 (projected) | Interest Expense | 1.1M | 1.3M | 1.2M | Depreciation And Amortization | 2.1M | 6.5M | 6.8M |
Rumble fundamental ratios Correlations
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Rumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rumble fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 2.7M | 55.8M | 367.0M | 295.7M | 340.1M | 357.1M | |
| Short Long Term Debt Total | 425.0K | 1.5M | 1.4M | 2.6M | 3.0M | 3.1M | |
| Other Current Liab | 51.8K | 116.4K | (14.3M) | 863.6K | 777.3K | 816.1K | |
| Total Current Liabilities | 3.0M | 7.2M | 15.9M | 33.6M | 38.6M | 40.5M | |
| Total Stockholder Equity | (340.9K) | 30.4M | 339.6M | 251.6M | 289.4M | 303.8M | |
| Property Plant And Equipment Net | 53.1K | 2.8M | 10.2M | 22.2M | 25.5M | 26.8M | |
| Current Deferred Revenue | 20.4K | 30.0K | 1.0M | 7.0M | 8.1M | 8.5M | |
| Net Debt | (1.0M) | (45.3M) | (335.8M) | (215.7M) | (194.2M) | (184.5M) | |
| Retained Earnings | (4.0M) | (17.4M) | (28.8M) | (145.2M) | (130.7M) | (124.1M) | |
| Accounts Payable | 2.5M | 6.7M | 14.3M | 24.7M | 28.4M | 29.8M | |
| Cash | 1.4M | 46.8M | 337.2M | 218.3M | 251.1M | 133.3M | |
| Non Current Assets Total | 176.2K | 6.8M | 14.6M | 57.7M | 66.4M | 69.7M | |
| Non Currrent Assets Other | 180.8K | 293.3M | 547.6K | 1.6M | 1.9M | 1.8M | |
| Cash And Short Term Investments | 1.4M | 46.8M | 338.3M | 219.5M | 252.4M | 133.7M | |
| Net Receivables | 1.1M | 1.3M | 4.7M | 5.4M | 6.3M | 6.6M | |
| Common Stock Shares Outstanding | 43.1M | 279.1M | 242.4M | 201.4M | 231.7M | 230.2M | |
| Liabilities And Stockholders Equity | 2.7M | 55.8M | 367.0M | 295.7M | 340.1M | 357.1M | |
| Non Current Liabilities Total | 28.0K | 18.2M | 11.4M | 10.5M | 12.1M | 8.9M | |
| Capital Lease Obligations | 63.8K | 1.5M | 1.4M | 2.6M | 3.0M | 3.1M | |
| Other Current Assets | 5.3K | 775.6K | 9.3M | 13.1M | 15.1M | 15.8M | |
| Other Stockholder Equity | 3.0M | (12.4M) | 367.6M | 396.1M | 455.5M | 478.2M | |
| Total Liab | 3.0M | 25.4M | 27.3M | 44.1M | 50.7M | 53.2M | |
| Net Invested Capital | 20.3K | 30.4M | 339.6M | 251.6M | 289.4M | 303.8M | |
| Total Current Assets | 2.5M | 49.1M | 352.4M | 238.0M | 273.7M | 141.7M | |
| Net Working Capital | (489.2K) | 41.9M | 336.4M | 204.4M | 235.1M | 128.2M | |
| Short Term Debt | 397.0K | 315.2K | 583.2K | 975.8K | 1.1M | 1.2M | |
| Intangible Assets | 123.1K | 3.3M | 3.2M | 23.3M | 26.8M | 28.1M |
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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share | Quarterly Revenue Growth 0.393 | Return On Assets | Return On Equity |
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.