Rumble Long Term Debt vs Short Term Debt 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 Long Term Debt and its Short Term Debt 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.
Long Term Debt vs Short Term Debt
Long Term Debt vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Rumble's Long Term Debt and Short Term Debt is -0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt 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 Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Rumble Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Rumble's Long Term Debt and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Rumble Inc has held for over one year. Long-term debt appears on Rumble Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Rumble Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Short Term Debt
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.