Rumble Common Stock Shares Outstanding vs Net Receivables Analysis

RUMBW Stock

USD 2.04 0.29 12.45%

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 Common Stock Shares Outstanding and its Net Receivables 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 bureau of labor statistics.

Common Stock Shares Outstanding vs Net Receivables

Common Stock Shares Outstanding vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Common Stock Shares Outstanding account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Rumble's Common Stock Shares Outstanding and Net Receivables is -0.32. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables 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 Common Stock Shares Outstanding and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Rumble Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock Shares Outstanding i.e., Rumble's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Receivables

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 bureau of labor statistics.

Selling General Administrative is likely to climb to about 39 M in 2024, despite the fact that Tax Provision is likely to grow to (3.1 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	9.8M	30.1M	70.4M	73.9M
Cost Of Revenue	7.2M	43.7M	146.2M	153.5M

Total Operating Expenses Cost Of Revenue

Rumble fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock
Total Assets		0.84	-0.73	0.79	1.0	0.79	0.65	-0.98	-0.69	0.82	0.99	0.69	0.63	0.99	0.98	-0.21	0.69	0.79	-0.58	0.78	0.91	0.88	1.0	0.75	1.0	-0.01
Short Long Term Debt Total	0.84		-0.32	0.86	0.81	0.85	0.77	-0.8	-0.82	0.88	0.8	0.81	0.77	0.8	0.91	-0.3	0.86	0.92	-0.75	0.82	0.81	0.99	0.81	0.83	0.8	0.34
Other Current Liab	-0.73	-0.32		-0.22	-0.76	-0.23	-0.02	0.74	0.04	-0.28	-0.79	-0.07	0.01	-0.79	-0.58	0.05	-0.38	-0.24	-0.09	-0.21	-0.5	-0.38	-0.76	-0.16	-0.79	0.07
Total Current Liabilities	0.79	0.86	-0.22		0.76	1.0	0.97	-0.81	-0.98	1.0	0.74	0.99	0.97	0.74	0.86	-0.27	0.63	0.96	-0.94	0.99	0.94	0.86	0.76	1.0	0.75	0.0
Total Stockholder Equity	1.0	0.81	-0.76	0.76		0.77	0.63	-0.98	-0.66	0.8	1.0	0.67	0.6	1.0	0.97	-0.2	0.65	0.76	-0.55	0.76	0.91	0.84	1.0	0.73	1.0	-0.05
Property Plant And Equipment Net	0.79	0.85	-0.23	1.0	0.77		0.97	-0.82	-0.98	1.0	0.75	0.99	0.97	0.75	0.86	-0.24	0.61	0.95	-0.94	1.0	0.95	0.85	0.77	1.0	0.75	-0.03
Current Deferred Revenue	0.65	0.77	-0.02	0.97	0.63	0.97		-0.68	-1.0	0.95	0.59	1.0	1.0	0.59	0.75	-0.25	0.48	0.9	-0.99	0.98	0.87	0.76	0.63	0.99	0.6	-0.1
Net Debt	-0.98	-0.8	0.74	-0.81	-0.98	-0.82	-0.68		0.7	-0.85	-0.99	-0.72	-0.66	-0.99	-0.94	0.19	-0.68	-0.81	0.59	-0.8	-0.94	-0.83	-0.98	-0.78	-0.99	0.02
Retained Earnings	-0.69	-0.82	0.04	-0.98	-0.66	-0.98	-1.0	0.7		-0.97	-0.62	-1.0	-1.0	-0.62	-0.79	0.25	-0.55	-0.93	0.99	-0.98	-0.88	-0.81	-0.66	-0.99	-0.63	0.03
Accounts Payable	0.82	0.88	-0.28	1.0	0.8	1.0	0.95	-0.85	-0.97		0.78	0.97	0.95	0.78	0.88	-0.26	0.67	0.97	-0.92	0.99	0.96	0.88	0.8	0.99	0.79	0.03
Cash	0.99	0.8	-0.79	0.74	1.0	0.75	0.59	-0.99	-0.62	0.78		0.64	0.57	1.0	0.95	-0.19	0.68	0.75	-0.51	0.73	0.89	0.83	1.0	0.7	1.0	0.0
Non Current Assets Total	0.69	0.81	-0.07	0.99	0.67	0.99	1.0	-0.72	-1.0	0.97	0.64		0.99	0.64	0.78	-0.24	0.56	0.94	-0.98	0.99	0.89	0.8	0.67	1.0	0.64	-0.04
Non Currrent Assets Other	0.63	0.77	0.01	0.97	0.6	0.97	1.0	-0.66	-1.0	0.95	0.57	0.99		0.57	0.74	-0.27	0.49	0.9	-0.99	0.98	0.86	0.75	0.6	0.98	0.57	-0.08
Cash And Short Term Investments	0.99	0.8	-0.79	0.74	1.0	0.75	0.59	-0.99	-0.62	0.78	1.0	0.64	0.57		0.95	-0.19	0.68	0.75	-0.51	0.73	0.89	0.83	1.0	0.7	1.0	0.0
Net Receivables	0.98	0.91	-0.58	0.86	0.97	0.86	0.75	-0.94	-0.79	0.88	0.95	0.78	0.74	0.95		-0.32	0.69	0.85	-0.7	0.84	0.92	0.93	0.97	0.83	0.95	0.01
Common Stock Shares Outstanding	-0.21	-0.3	0.05	-0.27	-0.2	-0.24	-0.25	0.19	0.25	-0.26	-0.19	-0.24	-0.27	-0.19	-0.32		-0.07	-0.19	0.25	-0.25	-0.24	-0.21	-0.2	-0.24	-0.19	0.11
Non Current Liabilities Total	0.69	0.86	-0.38	0.63	0.65	0.61	0.48	-0.68	-0.55	0.67	0.68	0.56	0.49	0.68	0.69	-0.07		0.81	-0.44	0.56	0.58	0.87	0.65	0.59	0.68	0.71
Capital Lease Obligations	0.79	0.92	-0.24	0.96	0.76	0.95	0.9	-0.81	-0.93	0.97	0.75	0.94	0.9	0.75	0.85	-0.19	0.81		-0.87	0.93	0.89	0.92	0.76	0.95	0.75	0.26
Inventory	-0.58	-0.75	-0.09	-0.94	-0.55	-0.94	-0.99	0.59	0.99	-0.92	-0.51	-0.98	-0.99	-0.51	-0.7	0.25	-0.44	-0.87		-0.95	-0.81	-0.72	-0.55	-0.96	-0.51	0.1
Other Current Assets	0.78	0.82	-0.21	0.99	0.76	1.0	0.98	-0.8	-0.98	0.99	0.73	0.99	0.98	0.73	0.84	-0.25	0.56	0.93	-0.95		0.95	0.82	0.76	1.0	0.73	-0.1
Other Stockholder Equity	0.91	0.81	-0.5	0.94	0.91	0.95	0.87	-0.94	-0.88	0.96	0.89	0.89	0.86	0.89	0.92	-0.24	0.58	0.89	-0.81	0.95		0.82	0.91	0.93	0.89	-0.15
Total Liab	0.88	0.99	-0.38	0.86	0.84	0.85	0.76	-0.83	-0.81	0.88	0.83	0.8	0.75	0.83	0.93	-0.21	0.87	0.92	-0.72	0.82	0.82		0.84	0.83	0.84	0.33
Net Invested Capital	1.0	0.81	-0.76	0.76	1.0	0.77	0.63	-0.98	-0.66	0.8	1.0	0.67	0.6	1.0	0.97	-0.2	0.65	0.76	-0.55	0.76	0.91	0.84		0.73	1.0	-0.05
Property Plant And Equipment Gross	0.75	0.83	-0.16	1.0	0.73	1.0	0.99	-0.78	-0.99	0.99	0.7	1.0	0.98	0.7	0.83	-0.24	0.59	0.95	-0.96	1.0	0.93	0.83	0.73		0.71	-0.04
Total Current Assets	1.0	0.8	-0.79	0.75	1.0	0.75	0.6	-0.99	-0.63	0.79	1.0	0.64	0.57	1.0	0.95	-0.19	0.68	0.75	-0.51	0.73	0.89	0.84	1.0	0.71		-0.01
Capital Stock	-0.01	0.34	0.07	0.0	-0.05	-0.03	-0.1	0.02	0.03	0.03	0.0	-0.04	-0.08	0.0	0.01	0.11	0.71	0.26	0.1	-0.1	-0.15	0.33	-0.05	-0.04	-0.01

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Rumble Common Stock Shares Outstanding vs Net Receivables Analysis

Common Stock Shares Outstanding vs Net Receivables

Common Stock Shares Outstanding vs Net Receivables Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Net Receivables

Rumble fundamental ratios Correlations

Rumble Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Rumble Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Total Current Liabilities

Non Currrent Assets Other	- 1.0	Retained Earnings
Non Current Assets Total	- 1.0	Retained Earnings
Retained Earnings	- 1.0	Current Deferred Revenue
Inventory	- 0.99	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.99	Retained Earnings
Total Current Assets	- 0.99	Net Debt