Rumble Non Current Liabilities Total vs Total Stockholder Equity 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 Non Current Liabilities Total and its Total Stockholder Equity 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.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rumble Inc Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rumble's Non Current Liabilities Total and Total Stockholder Equity is 0.65. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Rumble Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Rumble's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expenses9.8M30.1M70.4M73.9M
Cost Of Revenue7.2M43.7M146.2M153.5M

Rumble fundamental ratios Correlations

0.84-0.730.791.00.790.65-0.98-0.690.820.990.690.630.990.98-0.210.690.79-0.580.780.910.881.00.751.0-0.01
0.84-0.320.860.810.850.77-0.8-0.820.880.80.810.770.80.91-0.30.860.92-0.750.820.810.990.810.830.80.34
-0.73-0.32-0.22-0.76-0.23-0.020.740.04-0.28-0.79-0.070.01-0.79-0.580.05-0.38-0.24-0.09-0.21-0.5-0.38-0.76-0.16-0.790.07
0.790.86-0.220.761.00.97-0.81-0.981.00.740.990.970.740.86-0.270.630.96-0.940.990.940.860.761.00.750.0
1.00.81-0.760.760.770.63-0.98-0.660.81.00.670.61.00.97-0.20.650.76-0.550.760.910.841.00.731.0-0.05
0.790.85-0.231.00.770.97-0.82-0.981.00.750.990.970.750.86-0.240.610.95-0.941.00.950.850.771.00.75-0.03
0.650.77-0.020.970.630.97-0.68-1.00.950.591.01.00.590.75-0.250.480.9-0.990.980.870.760.630.990.6-0.1
-0.98-0.80.74-0.81-0.98-0.82-0.680.7-0.85-0.99-0.72-0.66-0.99-0.940.19-0.68-0.810.59-0.8-0.94-0.83-0.98-0.78-0.990.02
-0.69-0.820.04-0.98-0.66-0.98-1.00.7-0.97-0.62-1.0-1.0-0.62-0.790.25-0.55-0.930.99-0.98-0.88-0.81-0.66-0.99-0.630.03
0.820.88-0.281.00.81.00.95-0.85-0.970.780.970.950.780.88-0.260.670.97-0.920.990.960.880.80.990.790.03
0.990.8-0.790.741.00.750.59-0.99-0.620.780.640.571.00.95-0.190.680.75-0.510.730.890.831.00.71.00.0
0.690.81-0.070.990.670.991.0-0.72-1.00.970.640.990.640.78-0.240.560.94-0.980.990.890.80.671.00.64-0.04
0.630.770.010.970.60.971.0-0.66-1.00.950.570.990.570.74-0.270.490.9-0.990.980.860.750.60.980.57-0.08
0.990.8-0.790.741.00.750.59-0.99-0.620.781.00.640.570.95-0.190.680.75-0.510.730.890.831.00.71.00.0
0.980.91-0.580.860.970.860.75-0.94-0.790.880.950.780.740.95-0.320.690.85-0.70.840.920.930.970.830.950.01
-0.21-0.30.05-0.27-0.2-0.24-0.250.190.25-0.26-0.19-0.24-0.27-0.19-0.32-0.07-0.190.25-0.25-0.24-0.21-0.2-0.24-0.190.11
0.690.86-0.380.630.650.610.48-0.68-0.550.670.680.560.490.680.69-0.070.81-0.440.560.580.870.650.590.680.71
0.790.92-0.240.960.760.950.9-0.81-0.930.970.750.940.90.750.85-0.190.81-0.870.930.890.920.760.950.750.26
-0.58-0.75-0.09-0.94-0.55-0.94-0.990.590.99-0.92-0.51-0.98-0.99-0.51-0.70.25-0.44-0.87-0.95-0.81-0.72-0.55-0.96-0.510.1
0.780.82-0.210.990.761.00.98-0.8-0.980.990.730.990.980.730.84-0.250.560.93-0.950.950.820.761.00.73-0.1
0.910.81-0.50.940.910.950.87-0.94-0.880.960.890.890.860.890.92-0.240.580.89-0.810.950.820.910.930.89-0.15
0.880.99-0.380.860.840.850.76-0.83-0.810.880.830.80.750.830.93-0.210.870.92-0.720.820.820.840.830.840.33
1.00.81-0.760.761.00.770.63-0.98-0.660.81.00.670.61.00.97-0.20.650.76-0.550.760.910.840.731.0-0.05
0.750.83-0.161.00.731.00.99-0.78-0.990.990.71.00.980.70.83-0.240.590.95-0.961.00.930.830.730.71-0.04
1.00.8-0.790.751.00.750.6-0.99-0.630.791.00.640.571.00.95-0.190.680.75-0.510.730.890.841.00.71-0.01
-0.010.340.070.0-0.05-0.03-0.10.020.030.030.0-0.04-0.080.00.010.110.710.260.1-0.1-0.150.33-0.05-0.04-0.01
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Rumble Account Relationship Matchups

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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.