Richmond Short Term Investments vs Other Current Liab 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 Short Term Investments and its Other Current Liab 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.

Short Term Investments vs Other Current Liab

Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richmond Vanadium Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Richmond Vanadium's Short Term Investments and Other Current Liab is -0.45. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Liab 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 Short Term Investments and Other Current Liab 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 Term Investments of Richmond Vanadium Technology are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Term Investments i.e., Richmond Vanadium's Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

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Short Term Investments

Short Term Investments is an item under the current assets section of Richmond Vanadium balance sheet. It contains any investments Richmond Vanadium Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Richmond Vanadium can easily liquidate in the marketplace.

Other Current Liab

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

Total Operating Expenses Cost Of Revenue

Richmond Vanadium fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Inventory	Other Stockholder Equity
Total Assets		1.0	0.99	1.0	0.99	-0.99	-0.87	0.75	0.99	1.0	0.0	0.99	0.6	-0.68	-0.46	0.93	0.99	0.99	0.99	0.72	0.76	0.74
Other Current Liab	1.0		0.99	1.0	0.99	-0.98	-0.87	0.75	0.99	0.99	0.01	0.99	0.63	-0.66	-0.45	0.93	0.99	0.99	0.99	0.7	0.75	0.72
Total Current Liabilities	0.99	0.99		0.99	1.0	-0.96	-0.9	0.8	0.96	0.99	0.1	0.96	0.6	-0.66	-0.5	0.94	1.0	0.96	1.0	0.69	0.77	0.71
Total Stockholder Equity	1.0	1.0	0.99		0.99	-0.99	-0.87	0.75	0.99	1.0	-0.01	0.99	0.6	-0.68	-0.45	0.93	0.99	0.99	0.99	0.72	0.76	0.74
Property Plant And Equipment Net	0.99	0.99	1.0	0.99		-0.96	-0.91	0.8	0.96	1.0	0.09	0.96	0.54	-0.69	-0.51	0.96	1.0	0.96	1.0	0.73	0.81	0.75
Net Debt	-0.99	-0.98	-0.96	-0.99	-0.96		0.84	-0.72	-1.0	-0.97	0.05	-1.0	-0.66	0.69	0.45	-0.89	-0.96	-1.0	-0.96	-0.72	-0.72	-0.71
Retained Earnings	-0.87	-0.87	-0.9	-0.87	-0.91	0.84		-0.94	-0.82	-0.91	-0.35	-0.82	-0.3	0.86	0.78	-0.93	-0.9	-0.81	-0.91	-0.85	-0.94	-0.8
Accounts Payable	0.75	0.75	0.8	0.75	0.8	-0.72	-0.94		0.69	0.79	0.62	0.68	0.36	-0.76	-0.9	0.78	0.8	0.68	0.8	0.69	0.82	0.57
Cash	0.99	0.99	0.96	0.99	0.96	-1.0	-0.82	0.69		0.97	-0.09	1.0	0.66	-0.65	-0.39	0.89	0.96	1.0	0.96	0.69	0.7	0.71
Non Current Assets Total	1.0	0.99	0.99	1.0	1.0	-0.97	-0.91	0.79	0.97		0.05	0.97	0.55	-0.7	-0.5	0.96	0.99	0.97	1.0	0.74	0.8	0.76
Non Currrent Assets Other	0.0	0.01	0.1	-0.01	0.09	0.05	-0.35	0.62	-0.09	0.05		-0.09	0.02	-0.16	-0.75	0.05	0.1	-0.09	0.08	0.01	0.21	-0.17
Cash And Short Term Investments	0.99	0.99	0.96	0.99	0.96	-1.0	-0.82	0.68	1.0	0.97	-0.09		0.66	-0.65	-0.39	0.89	0.96	1.0	0.96	0.69	0.7	0.71
Net Receivables	0.6	0.63	0.6	0.6	0.54	-0.66	-0.3	0.36	0.66	0.55	0.02	0.66		-0.06	-0.14	0.31	0.6	0.67	0.54	0.03	0.03	-0.02
Common Stock Shares Outstanding	-0.68	-0.66	-0.66	-0.68	-0.69	0.69	0.86	-0.76	-0.65	-0.7	-0.16	-0.65	-0.06		0.76	-0.78	-0.66	-0.64	-0.68	-0.98	-0.94	-0.89
Short Term Investments	-0.46	-0.45	-0.5	-0.45	-0.51	0.45	0.78	-0.9	-0.39	-0.5	-0.75	-0.39	-0.14	0.76		-0.51	-0.5	-0.39	-0.5	-0.64	-0.71	-0.44
Other Current Assets	0.93	0.93	0.94	0.93	0.96	-0.89	-0.93	0.78	0.89	0.96	0.05	0.89	0.31	-0.78	-0.51		0.95	0.88	0.96	0.84	0.91	0.88
Total Liab	0.99	0.99	1.0	0.99	1.0	-0.96	-0.9	0.8	0.96	0.99	0.1	0.96	0.6	-0.66	-0.5	0.95		0.96	1.0	0.69	0.78	0.71
Total Current Assets	0.99	0.99	0.96	0.99	0.96	-1.0	-0.81	0.68	1.0	0.97	-0.09	1.0	0.67	-0.64	-0.39	0.88	0.96		0.96	0.68	0.69	0.7
Common Stock	0.99	0.99	1.0	0.99	1.0	-0.96	-0.91	0.8	0.96	1.0	0.08	0.96	0.54	-0.68	-0.5	0.96	1.0	0.96		0.72	0.8	0.74
Non Current Liabilities Total	0.72	0.7	0.69	0.72	0.73	-0.72	-0.85	0.69	0.69	0.74	0.01	0.69	0.03	-0.98	-0.64	0.84	0.69	0.68	0.72		0.95	0.96
Inventory	0.76	0.75	0.77	0.76	0.81	-0.72	-0.94	0.82	0.7	0.8	0.21	0.7	0.03	-0.94	-0.71	0.91	0.78	0.69	0.8	0.95		0.93
Other Stockholder Equity	0.74	0.72	0.71	0.74	0.75	-0.71	-0.8	0.57	0.71	0.76	-0.17	0.71	-0.02	-0.89	-0.44	0.88	0.71	0.7	0.74	0.96	0.93

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Richmond Short Term Investments vs Other Current Liab Analysis

Short Term Investments vs Other Current Liab

Short Term Investments vs Other Current Liab Correlation Analysis

Correlation Coefficient

Short Term Investments

Other Current Liab

Richmond Vanadium fundamental ratios Correlations

Richmond Vanadium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Other Current Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Other Current Liab
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Assets
Non Current Liabilities Total	- 0.98	Common Stock Shares Outstanding