Richmond Net Debt vs Total Stockholder Equity Analysis
| RVT Stock | 0.26 0.01 4.00% |
Richmond Vanadium financial indicator trend analysis is much more than just breaking down Richmond Vanadium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richmond Vanadium is a good investment. Please check the relationship between Richmond Vanadium Net Debt and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richmond Vanadium Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Debt vs Total Stockholder Equity
Net Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richmond Vanadium Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Richmond Vanadium's Net Debt and Total Stockholder Equity is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Richmond Vanadium Technology, assuming nothing else is changed. The correlation between historical values of Richmond Vanadium's Net Debt 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 Net Debt of Richmond Vanadium Technology 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 Net Debt i.e., Richmond Vanadium's Net Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Richmond Vanadium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richmond Vanadium 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 Richmond Vanadium Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 3.2 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 462.6K | 3.9M | 2.7M | 1.7M | Cost Of Revenue | 5.1K | 625.0 | 1.7K | 1.6K |
Richmond Vanadium fundamental ratios Correlations
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Richmond Vanadium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Richmond Vanadium's price analysis, check to measure Richmond Vanadium'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 Richmond Vanadium is operating at the current time. Most of Richmond Vanadium's value examination focuses on studying past and present price action to predict the probability of Richmond Vanadium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richmond Vanadium's price. Additionally, you may evaluate how the addition of Richmond Vanadium to your portfolios can decrease your overall portfolio volatility.