Rumble Historical Balance Sheet
| RUMBW Stock | USD 2.29 0.09 4.09% |
Trend analysis of Rumble Inc balance sheet accounts such as Property Plant And Equipment Net of 23.3 M, Current Deferred Revenue of 7.4 M, Accounts Payable of 25.9 M or Cash of 133.3 M provides information on Rumble's total assets, liabilities, and equity, which is the actual value of Rumble Inc to its prevalent stockholders. By breaking down trends over time using Rumble balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Rumble Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rumble Inc is a good buy for the upcoming year.
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About Rumble Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Rumble Inc at a specified time, usually calculated after every quarter, six months, or one year. Rumble Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rumble 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 Rumble currently owns. An asset can also be divided into two categories, current and non-current.
Rumble Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Rumble assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rumble Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 accounts from Rumble's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 bureau of labor statistics. At this time, Rumble's Other Stockholder Equity is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to climb to about 29.2 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.5M | 1.4M | 2.6M | 1.3M | Total Assets | 55.8M | 367.0M | 295.7M | 159.2M |
Rumble balance sheet Correlations
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Rumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Rumble Stock Analysis
When running Rumble's price analysis, check to measure Rumble's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rumble is operating at the current time. Most of Rumble's value examination focuses on studying past and present price action to predict the probability of Rumble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rumble's price. Additionally, you may evaluate how the addition of Rumble to your portfolios can decrease your overall portfolio volatility.