Rush Short Long Term Debt Total vs Other Current Assets Analysis
RUSHA Stock | USD 61.95 0.45 0.73% |
Rush Enterprises financial indicator trend analysis is much more than just breaking down Rush Enterprises A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rush Enterprises A is a good investment. Please check the relationship between Rush Enterprises Short Long Term Debt Total and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Enterprises A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Short Long Term Debt Total vs Other Current Assets
Short Long Term Debt Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rush Enterprises A Short Long Term Debt Total account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Rush Enterprises' Short Long Term Debt Total and Other Current Assets is 0.29. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Rush Enterprises A, assuming nothing else is changed. The correlation between historical values of Rush Enterprises' Short Long Term Debt Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Rush Enterprises A are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Long Term Debt Total i.e., Rush Enterprises' Short Long Term Debt Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt Total
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Rush Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rush Enterprises A 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 Rush Enterprises A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, Rush Enterprises' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 123.1 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.10.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.8M | 19.1M | 53.7M | 56.4M | Depreciation And Amortization | 169.5M | 199.1M | 221.1M | 232.2M |
Rush Enterprises fundamental ratios Correlations
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Rush Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rush Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 84.5M | 84.4M | 86.8M | 85.7M | 83.7M | 76.2M | |
Total Assets | 3.4B | 3.0B | 3.1B | 3.8B | 4.4B | 4.6B | |
Short Long Term Debt Total | 1.8B | 1.2B | 1.2B | 1.4B | 1.8B | 1.9B | |
Other Current Liab | 112.4M | 82.0M | 57.8M | 80.2M | 65.4M | 66.8M | |
Total Current Liabilities | 1.5B | 1.0B | 1.0B | 1.4B | 1.7B | 1.8B | |
Total Stockholder Equity | 1.2B | 1.3B | 1.5B | 1.7B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 1.3B | 1.3B | 1.3B | 1.5B | 1.6B | 1.7B | |
Net Debt | 1.6B | 907.9M | 1.0B | 1.2B | 1.6B | 1.7B | |
Retained Earnings | 1.1B | 831.9M | 1.0B | 1.4B | 1.5B | 1.5B | |
Accounts Payable | 133.7M | 110.7M | 122.3M | 171.7M | 162.1M | 170.2M | |
Cash | 181.6M | 312.0M | 148.1M | 201.0M | 183.7M | 134.0M | |
Non Current Assets Total | 1.7B | 1.6B | 1.8B | 2.0B | 2.1B | 2.2B | |
Non Currrent Assets Other | 65.5M | 71.2M | (186.2M) | (92.3M) | 75.0M | 78.7M | |
Cash And Short Term Investments | 181.6M | 312.0M | 148.1M | 201.0M | 183.7M | 134.3M | |
Net Receivables | 183.7M | 172.5M | 140.2M | 220.7M | 259.4M | 272.3M | |
Liabilities And Stockholders Equity | 3.4B | 3.0B | 3.1B | 3.8B | 4.4B | 4.6B | |
Non Current Liabilities Total | 740.4M | 690.6M | 649.7M | 629.4M | 800.5M | 840.5M | |
Inventory | 1.3B | 858.3M | 1.0B | 1.4B | 1.8B | 1.9B | |
Other Current Assets | 20.7M | 29.8M | 32.0M | 16.6M | 15.8M | 14.0M | |
Other Stockholder Equity | 93.1M | 434.8M | 433.8M | 369.7M | 422.2M | 257.0M | |
Total Liab | 2.2B | 1.7B | 1.7B | 2.1B | 2.5B | 2.6B | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 1.3B | 1.5B | 2.5B | 2.6B | |
Total Current Assets | 1.7B | 1.4B | 1.3B | 1.9B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | 337K | 869K | 787K | (4.1M) | (2.2M) | (2.3M) | |
Short Term Debt | 1.2B | 726.6M | 708.3M | 1.0B | 1.2B | 1.3B | |
Common Stock Total Equity | 465K | 551K | 563K | 572K | 657.8K | 382.5K | |
Common Stock | 465K | 551K | 563K | 572K | 806K | 846.3K | |
Other Assets | 23.9M | 131.8M | 99.7M | 49.2M | 56.6M | 59.4M | |
Long Term Debt | 438.4M | 388.0M | 334.9M | 275.4M | 414.0M | 306.7M | |
Intangible Assets | 65.5M | 71.2M | 99.7M | 16.5M | 12.3M | 11.7M | |
Property Plant Equipment | 1.3B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Current Deferred Revenue | 42.7M | 74.2M | 80.6M | 116.2M | 145.3M | 152.6M | |
Treasury Stock | (304.1M) | (2.9M) | (36.9M) | (130.9M) | (117.8M) | (123.7M) | |
Other Liab | 185.0M | 160.7M | 167.0M | 171.4M | 197.1M | 118.0M | |
Retained Earnings Total Equity | 1.1B | 831.9M | 1.0B | 1.4B | 1.6B | 1.7B | |
Deferred Long Term Liab | 164.3M | 126.4M | 140.5M | 152.0M | 174.8M | 130.3M | |
Net Tangible Assets | 984.4M | 1.4B | 1.1B | 1.5B | 1.7B | 1.1B | |
Long Term Debt Total | 438.4M | 388.0M | 334.9M | 275.4M | 247.9M | 359.2M | |
Capital Surpluse | 397.3M | 437.6M | 470.8M | 500.6M | 575.7M | 414.9M |
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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.When determining whether Rush Enterprises A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Enterprises' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rush Enterprises A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Enterprises A Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Enterprises A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rush Enterprises. If investors know Rush will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rush Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.01 | Dividend Share 0.69 | Earnings Share 3.77 | Revenue Per Share 99.014 | Quarterly Revenue Growth (0.04) |
The market value of Rush Enterprises A is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Rush Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rush Enterprises' market value can be influenced by many factors that don't directly affect Rush Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rush Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.