Rumble Current Deferred Revenue vs Capital Lease Obligations Analysis
| RUMBW Stock | USD 2.33 0.37 18.88% |
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 Current Deferred Revenue and its Capital Lease Obligations 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.
Current Deferred Revenue vs Capital Lease Obligations
Current Deferred Revenue vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Current Deferred Revenue account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rumble's Current Deferred Revenue and Capital Lease Obligations is 0.9. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capital Lease Obligations 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 Current Deferred Revenue and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Rumble Inc are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Current Deferred Revenue i.e., Rumble's Current Deferred Revenue and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Capital Lease Obligations
Rumble Inc capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Rumble asset purchases. For example, Rumble can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Rumble control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 |
Rumble fundamental ratios Correlations
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Rumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.