Richmond Selling General Administrative vs Total Revenue 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 Selling General Administrative and its Total Revenue 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.

Selling General Administrative vs Total Revenue

Selling General Administrative vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richmond Vanadium Selling General Administrative account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Richmond Vanadium's Selling General Administrative and Total Revenue is -0.09. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue 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 Selling General Administrative and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Richmond Vanadium Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., Richmond Vanadium's Selling General Administrative and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Total Revenue

Total revenue comprises all receipts Richmond Vanadium generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Expenses462.6K3.9M2.7M1.7M
Cost Of Revenue5.1K625.01.7K1.6K

Richmond Vanadium fundamental ratios Correlations

1.00.991.00.99-0.99-0.870.750.991.00.00.990.6-0.68-0.460.930.990.990.990.720.760.74
1.00.991.00.99-0.98-0.870.750.990.990.010.990.63-0.66-0.450.930.990.990.990.70.750.72
0.990.990.991.0-0.96-0.90.80.960.990.10.960.6-0.66-0.50.941.00.961.00.690.770.71
1.01.00.990.99-0.99-0.870.750.991.0-0.010.990.6-0.68-0.450.930.990.990.990.720.760.74
0.990.991.00.99-0.96-0.910.80.961.00.090.960.54-0.69-0.510.961.00.961.00.730.810.75
-0.99-0.98-0.96-0.99-0.960.84-0.72-1.0-0.970.05-1.0-0.660.690.45-0.89-0.96-1.0-0.96-0.72-0.72-0.71
-0.87-0.87-0.9-0.87-0.910.84-0.94-0.82-0.91-0.35-0.82-0.30.860.78-0.93-0.9-0.81-0.91-0.85-0.94-0.8
0.750.750.80.750.8-0.72-0.940.690.790.620.680.36-0.76-0.90.780.80.680.80.690.820.57
0.990.990.960.990.96-1.0-0.820.690.97-0.091.00.66-0.65-0.390.890.961.00.960.690.70.71
1.00.990.991.01.0-0.97-0.910.790.970.050.970.55-0.7-0.50.960.990.971.00.740.80.76
0.00.010.1-0.010.090.05-0.350.62-0.090.05-0.090.02-0.16-0.750.050.1-0.090.080.010.21-0.17
0.990.990.960.990.96-1.0-0.820.681.00.97-0.090.66-0.65-0.390.890.961.00.960.690.70.71
0.60.630.60.60.54-0.66-0.30.360.660.550.020.66-0.06-0.140.310.60.670.540.030.03-0.02
-0.68-0.66-0.66-0.68-0.690.690.86-0.76-0.65-0.7-0.16-0.65-0.060.76-0.78-0.66-0.64-0.68-0.98-0.94-0.89
-0.46-0.45-0.5-0.45-0.510.450.78-0.9-0.39-0.5-0.75-0.39-0.140.76-0.51-0.5-0.39-0.5-0.64-0.71-0.44
0.930.930.940.930.96-0.89-0.930.780.890.960.050.890.31-0.78-0.510.950.880.960.840.910.88
0.990.991.00.991.0-0.96-0.90.80.960.990.10.960.6-0.66-0.50.950.961.00.690.780.71
0.990.990.960.990.96-1.0-0.810.681.00.97-0.091.00.67-0.64-0.390.880.960.960.680.690.7
0.990.991.00.991.0-0.96-0.910.80.961.00.080.960.54-0.68-0.50.961.00.960.720.80.74
0.720.70.690.720.73-0.72-0.850.690.690.740.010.690.03-0.98-0.640.840.690.680.720.950.96
0.760.750.770.760.81-0.72-0.940.820.70.80.210.70.03-0.94-0.710.910.780.690.80.950.93
0.740.720.710.740.75-0.71-0.80.570.710.76-0.170.71-0.02-0.89-0.440.880.710.70.740.960.93
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Richmond Vanadium Account Relationship Matchups

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