Reviva Total Assets vs Short Term Debt Analysis

RVPHW Stock  USD 0.21  0.04  23.53%   
Reviva Pharmaceuticals financial indicator trend analysis is much more than just breaking down Reviva Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reviva Pharmaceuticals is a good investment. Please check the relationship between Reviva Pharmaceuticals Total Assets and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reviva Pharmaceuticals Holdings. 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.

Total Assets vs Short Term Debt

Total Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reviva Pharmaceuticals Total Assets account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reviva Pharmaceuticals' Total Assets and Short Term Debt is -0.47. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Reviva Pharmaceuticals Holdings, assuming nothing else is changed. The correlation between historical values of Reviva Pharmaceuticals' Total Assets 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 Total Assets of Reviva Pharmaceuticals Holdings 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 Total Assets i.e., Reviva Pharmaceuticals' Total Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Reviva Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Reviva Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Term Debt

Most indicators from Reviva Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reviva Pharmaceuticals 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 Reviva Pharmaceuticals Holdings. 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.
Enterprise Value is likely to climb to about 60.9 M in 2024, whereas Tax Provision is likely to drop 9,973 in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization1.6M223.9K212.7K
Interest Income182.8K499.0K523.9K

Reviva Pharmaceuticals fundamental ratios Correlations

-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.471.0-0.910.95
-0.470.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
0.030.45-0.530.17-0.230.45-0.020.54-0.640.010.190.450.04-0.29-0.310.450.12-0.25-0.53-0.05-0.310.450.030.270.16
0.26-0.88-0.530.00.15-0.88-0.19-0.820.550.27-0.42-0.880.210.280.56-0.88-0.30.571.00.090.33-0.880.26-0.240.01
0.95-0.320.170.00.86-0.32-0.98-0.510.510.94-0.88-0.320.960.830.69-0.32-0.910.640.050.970.87-0.320.95-0.891.0
0.9-0.37-0.230.150.86-0.37-0.91-0.680.790.91-0.88-0.370.910.990.83-0.37-0.910.750.190.950.95-0.370.9-0.970.86
-0.471.00.45-0.88-0.32-0.370.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.990.46-0.02-0.19-0.98-0.910.460.68-0.67-0.990.960.46-0.99-0.9-0.820.460.98-0.78-0.23-0.98-0.930.46-0.990.94-0.98
-0.720.860.54-0.82-0.51-0.680.860.68-0.87-0.730.840.86-0.69-0.76-0.890.860.77-0.86-0.85-0.62-0.80.86-0.720.74-0.52
0.7-0.54-0.640.550.510.79-0.54-0.67-0.870.71-0.82-0.540.690.830.92-0.54-0.80.880.580.670.79-0.540.7-0.770.53
1.0-0.480.010.270.940.91-0.48-0.99-0.730.71-0.97-0.481.00.920.88-0.48-0.980.850.310.960.92-0.481.0-0.920.95
-0.960.610.19-0.42-0.88-0.880.610.960.84-0.82-0.970.61-0.96-0.9-0.930.610.99-0.9-0.47-0.91-0.930.61-0.960.92-0.89
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.61-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
1.0-0.430.040.210.960.91-0.43-0.99-0.690.691.0-0.96-0.430.910.86-0.43-0.980.830.260.960.9-0.431.0-0.910.96
0.91-0.46-0.290.280.830.99-0.46-0.9-0.760.830.92-0.9-0.460.910.87-0.46-0.910.80.320.930.96-0.460.91-0.970.83
0.87-0.57-0.310.560.690.83-0.57-0.82-0.890.920.88-0.93-0.570.860.87-0.57-0.920.990.60.770.83-0.570.87-0.80.7
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.570.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.980.490.12-0.3-0.91-0.910.490.980.77-0.8-0.980.990.49-0.98-0.91-0.920.49-0.89-0.35-0.94-0.920.49-0.980.92-0.92
0.84-0.54-0.250.570.640.75-0.54-0.78-0.860.880.85-0.9-0.540.830.80.99-0.54-0.890.610.70.75-0.540.84-0.720.65
0.3-0.89-0.531.00.050.19-0.89-0.23-0.850.580.31-0.47-0.890.260.320.6-0.89-0.350.610.140.37-0.890.3-0.280.06
0.96-0.39-0.050.090.970.95-0.39-0.98-0.620.670.96-0.91-0.390.960.930.77-0.39-0.940.70.140.95-0.390.96-0.970.97
0.91-0.61-0.310.330.870.95-0.61-0.93-0.80.790.92-0.93-0.610.90.960.83-0.61-0.920.750.370.95-0.610.91-0.990.87
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.61-0.470.52-0.33
1.0-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.47-0.910.95
-0.910.520.27-0.24-0.89-0.970.520.940.74-0.77-0.920.920.52-0.91-0.97-0.80.520.92-0.72-0.28-0.97-0.990.52-0.91-0.9
0.95-0.330.160.011.00.86-0.33-0.98-0.520.530.95-0.89-0.330.960.830.7-0.33-0.920.650.060.970.87-0.330.95-0.9
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Reviva Pharmaceuticals Account Relationship Matchups

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