Rubicon Inventory vs Cash And Short Term Investments Analysis

RWL Stock

0.34 0.01 3.03%

Rubicon Water financial indicator trend analysis is much more than just breaking down Rubicon Water prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rubicon Water is a good investment. Please check the relationship between Rubicon Water Inventory and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rubicon Water. 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.

Inventory vs Cash And Short Term Investments

Inventory vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rubicon Water Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Rubicon Water's Inventory and Cash And Short Term Investments is -0.27. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Rubicon Water, assuming nothing else is changed. The correlation between historical values of Rubicon Water's Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Rubicon Water are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Rubicon Water's Inventory and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

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Inventory

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Rubicon Water balance sheet. This account contains Rubicon Water investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Rubicon Water fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Rubicon Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rubicon Water 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 Rubicon Water. 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.

Tax Provision is likely to gain to about (1.8 M) in 2024. Selling General Administrative is likely to drop to about 14.1 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.6M	2.6M	2.4M	2.6M
Interest Income	905K	2.0M	2.3M	2.4M

Depreciation And Amortization Interest Income

Rubicon Water fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Equivalents	Short Term Debt	Common Stock
Total Assets		0.96	-0.62	0.77	0.96	0.6	0.91	0.45	0.02	-0.09	0.79	0.79	0.35	-0.09	0.93	-0.13	0.62	0.66	0.91	0.41	-0.62	0.96	0.99	0.21	0.67	0.75
Short Long Term Debt Total	0.96		-0.61	0.78	0.84	0.72	0.91	0.39	-0.12	0.01	0.85	0.78	0.29	0.01	0.85	-0.18	0.63	0.7	0.78	0.38	-0.45	0.99	0.92	0.38	0.69	0.68
Other Current Liab	-0.62	-0.61		-0.52	-0.65	-0.49	-0.67	0.12	0.58	0.16	-0.72	-0.81	-0.2	0.16	-0.38	0.18	-0.12	-0.25	-0.56	-0.64	0.42	-0.54	-0.56	-0.24	-0.71	-0.77
Total Current Liabilities	0.77	0.78	-0.52		0.75	0.31	0.86	-0.01	-0.25	-0.49	0.86	0.86	-0.21	-0.49	0.61	0.17	0.07	0.13	0.77	0.53	-0.43	0.73	0.7	-0.13	0.89	0.77
Total Stockholder Equity	0.96	0.84	-0.65	0.75		0.42	0.84	0.33	0.03	-0.19	0.74	0.77	0.29	-0.19	0.89	-0.02	0.48	0.5	0.98	0.39	-0.78	0.84	0.95	0.02	0.66	0.83
Property Plant And Equipment Net	0.6	0.72	-0.49	0.31	0.42		0.69	0.29	-0.05	0.09	0.62	0.48	0.31	0.09	0.48	-0.23	0.62	0.72	0.29	0.43	0.11	0.74	0.56	0.52	0.41	0.41
Net Debt	0.91	0.91	-0.67	0.86	0.84	0.69		0.21	-0.13	-0.37	0.87	0.91	0.05	-0.37	0.76	0.02	0.36	0.45	0.8	0.65	-0.36	0.9	0.86	0.08	0.87	0.84
Retained Earnings	0.45	0.39	0.12	-0.01	0.33	0.29	0.21		0.58	0.41	-0.05	0.06	0.77	0.41	0.58	-0.48	0.8	0.78	0.27	-0.09	-0.18	0.52	0.55	0.42	-0.18	-0.19
Accounts Payable	0.02	-0.12	0.58	-0.25	0.03	-0.05	-0.13	0.58		-0.02	-0.3	-0.38	0.34	-0.02	0.22	0.1	0.39	0.28	0.06	-0.21	0.0	0.01	0.1	-0.29	-0.49	-0.3
Cash	-0.09	0.01	0.16	-0.49	-0.19	0.09	-0.37	0.41	-0.02		-0.35	-0.44	0.56	1.0	0.07	-0.58	0.58	0.54	-0.27	-0.67	-0.03	0.01	-0.02	0.81	-0.54	-0.49
Non Current Assets Total	0.79	0.85	-0.72	0.86	0.74	0.62	0.87	-0.05	-0.3	-0.35		0.85	0.02	-0.35	0.53	-0.01	0.23	0.33	0.68	0.65	-0.3	0.79	0.69	0.1	0.81	0.8
Non Currrent Assets Other	0.79	0.78	-0.81	0.86	0.77	0.48	0.91	0.06	-0.38	-0.44	0.85		0.03	-0.44	0.56	-0.1	0.1	0.23	0.73	0.78	-0.37	0.75	0.73	0.06	0.94	0.83
Other Assets	0.35	0.29	-0.2	-0.21	0.29	0.31	0.05	0.77	0.34	0.56	0.02	0.03		0.56	0.35	-0.72	0.74	0.77	0.16	0.0	-0.2	0.37	0.41	0.59	-0.3	-0.16
Cash And Short Term Investments	-0.09	0.01	0.16	-0.49	-0.19	0.09	-0.37	0.41	-0.02	1.0	-0.35	-0.44	0.56		0.07	-0.58	0.58	0.54	-0.27	-0.67	-0.03	0.01	-0.02	0.81	-0.54	-0.49
Net Receivables	0.93	0.85	-0.38	0.61	0.89	0.48	0.76	0.58	0.22	0.07	0.53	0.56	0.35	0.07		-0.04	0.72	0.7	0.89	0.1	-0.7	0.88	0.96	0.19	0.47	0.6
Common Stock Shares Outstanding	-0.13	-0.18	0.18	0.17	-0.02	-0.23	0.02	-0.48	0.1	-0.58	-0.01	-0.1	-0.72	-0.58	-0.04		-0.4	-0.5	0.12	-0.07	-0.13	-0.22	-0.15	-0.78	0.12	0.22
Long Term Debt Total	0.62	0.63	-0.12	0.07	0.48	0.62	0.36	0.8	0.39	0.58	0.23	0.1	0.74	0.58	0.72	-0.4		0.98	0.39	-0.18	-0.3	0.69	0.68	0.61	-0.09	0.05
Non Current Liabilities Total	0.66	0.7	-0.25	0.13	0.5	0.72	0.45	0.78	0.28	0.54	0.33	0.23	0.77	0.54	0.7	-0.5	0.98		0.39	-0.02	-0.24	0.76	0.71	0.69	0.02	0.11
Inventory	0.91	0.78	-0.56	0.77	0.98	0.29	0.8	0.27	0.06	-0.27	0.68	0.73	0.16	-0.27	0.89	0.12	0.39	0.39		0.32	-0.83	0.77	0.91	-0.12	0.65	0.83
Other Current Assets	0.41	0.38	-0.64	0.53	0.39	0.43	0.65	-0.09	-0.21	-0.67	0.65	0.78	0.0	-0.67	0.1	-0.07	-0.18	-0.02	0.32		0.11	0.39	0.32	-0.15	0.7	0.58
Other Stockholder Equity	-0.62	-0.45	0.42	-0.43	-0.78	0.11	-0.36	-0.18	0.0	-0.03	-0.3	-0.37	-0.2	-0.03	-0.7	-0.13	-0.3	-0.24	-0.83	0.11		-0.42	-0.66	0.11	-0.29	-0.58
Total Liab	0.96	0.99	-0.54	0.73	0.84	0.74	0.9	0.52	0.01	0.01	0.79	0.75	0.37	0.01	0.88	-0.22	0.69	0.76	0.77	0.39	-0.42		0.94	0.38	0.63	0.62
Total Current Assets	0.99	0.92	-0.56	0.7	0.95	0.56	0.86	0.55	0.1	-0.02	0.69	0.73	0.41	-0.02	0.96	-0.15	0.68	0.71	0.91	0.32	-0.66	0.94		0.23	0.59	0.69
Cash And Equivalents	0.21	0.38	-0.24	-0.13	0.02	0.52	0.08	0.42	-0.29	0.81	0.1	0.06	0.59	0.81	0.19	-0.78	0.61	0.69	-0.12	-0.15	0.11	0.38	0.23		-0.07	-0.17
Short Term Debt	0.67	0.69	-0.71	0.89	0.66	0.41	0.87	-0.18	-0.49	-0.54	0.81	0.94	-0.3	-0.54	0.47	0.12	-0.09	0.02	0.65	0.7	-0.29	0.63	0.59	-0.07		0.86
Common Stock	0.75	0.68	-0.77	0.77	0.83	0.41	0.84	-0.19	-0.3	-0.49	0.8	0.83	-0.16	-0.49	0.6	0.22	0.05	0.11	0.83	0.58	-0.58	0.62	0.69	-0.17	0.86

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Rubicon Water Account Relationship Matchups

Rubicon Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	93.6M	107.0M	125.8M	111.6M	106.4M	97.6M
Short Long Term Debt Total	33.4M	32.7M	29.5M	30.7M	37.1M	23.9M
Other Current Liab	8.7M	12.9M	8.7M	8.7M	8.0M	8.0M
Total Current Liabilities	18.3M	33.0M	24.1M	44.8M	45.7M	31.0M
Total Stockholder Equity	40.7M	48.5M	75.9M	65.8M	55.1M	52.9M
Property Plant And Equipment Net	9.8M	9.3M	9.0M	7.8M	9.5M	9.6M
Net Debt	9.0M	23.7M	18.3M	22.2M	35.4M	37.2M
Retained Earnings	39.6M	47.9M	37.5M	26.6M	15.9M	25.8M
Accounts Payable	3.8M	8.9M	7.9M	3.3M	4.0M	4.7M
Cash	24.4M	9.0M	11.2M	8.5M	1.7M	1.6M
Non Current Assets Total	15.4M	14.6M	17.5M	18.5M	32.9M	17.6M
Non Currrent Assets Other	(391K)	(1.7M)	150K	9.9M	11.4M	12.0M
Other Assets	5.5M	2.3M	5.1M	1.0	0.9	0.86
Cash And Short Term Investments	24.4M	9.0M	11.2M	8.5M	1.7M	1.6M
Net Receivables	41.4M	63.1M	70.3M	58.3M	29.9M	42.8M
Common Stock Shares Outstanding	100.0M	172M	164.5M	171.4M	171.6M	166.9M
Long Term Debt Total	27.7M	24.5M	25.2M	717K	824.6K	783.3K
Liabilities And Stockholders Equity	93.6M	107.0M	125.8M	111.6M	106.4M	97.6M
Non Current Liabilities Total	34.0M	24.8M	25.6M	1.0M	5.8M	5.5M
Inventory	11.3M	17.1M	25M	23.7M	17.8M	17.8M
Other Current Assets	1.1M	3.1M	4.6M	2.5M	24.0M	25.2M
Other Stockholder Equity	(430K)	(906K)	(129.8M)	(129.0M)	(1.0)	(1.05)
Total Liab	52.2M	57.8M	49.7M	45.8M	51.5M	44.4M
Total Current Assets	78.2M	92.3M	108.3M	93.1M	73.5M	79.7M
Accumulated Other Comprehensive Income	(430K)	(906K)	(129.8M)	(129.0M)	(128.9M)	(122.5M)
Cash And Equivalents	19.8M	1.6M	478K	480K	432K	410.4K
Short Term Debt	5.7M	8.2M	4.3M	30.0M	31.7M	33.2M
Property Plant Equipment	9.8M	9.3M	9.0M	7.8M	9.0M	9.5M
Other Liab	6.3M	326K	381K	300K	270K	256.5K
Net Tangible Assets	40.7M	48.5M	75.9M	65.8M	75.6M	55.5M
Long Term Debt	25.4M	22.6M	24.1M	261K	234.9K	223.2K

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