Rubicon Net Receivables vs Depreciation And Amortization 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 Net Receivables and its Depreciation And Amortization 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.

Net Receivables vs Depreciation And Amortization

Net Receivables vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rubicon Water Net Receivables account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rubicon Water's Net Receivables and Depreciation And Amortization is 0.76. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization 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 Net Receivables and Depreciation And Amortization 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 Receivables of Rubicon Water are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., Rubicon Water's Net Receivables and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Amortization2.6M2.6M2.4M2.6M
Interest Income905K2.0M2.3M2.4M

Rubicon Water fundamental ratios Correlations

0.96-0.620.770.960.60.910.450.02-0.090.790.790.35-0.090.93-0.130.620.660.910.41-0.620.960.990.210.670.75
0.96-0.610.780.840.720.910.39-0.120.010.850.780.290.010.85-0.180.630.70.780.38-0.450.990.920.380.690.68
-0.62-0.61-0.52-0.65-0.49-0.670.120.580.16-0.72-0.81-0.20.16-0.380.18-0.12-0.25-0.56-0.640.42-0.54-0.56-0.24-0.71-0.77
0.770.78-0.520.750.310.86-0.01-0.25-0.490.860.86-0.21-0.490.610.170.070.130.770.53-0.430.730.7-0.130.890.77
0.960.84-0.650.750.420.840.330.03-0.190.740.770.29-0.190.89-0.020.480.50.980.39-0.780.840.950.020.660.83
0.60.72-0.490.310.420.690.29-0.050.090.620.480.310.090.48-0.230.620.720.290.430.110.740.560.520.410.41
0.910.91-0.670.860.840.690.21-0.13-0.370.870.910.05-0.370.760.020.360.450.80.65-0.360.90.860.080.870.84
0.450.390.12-0.010.330.290.210.580.41-0.050.060.770.410.58-0.480.80.780.27-0.09-0.180.520.550.42-0.18-0.19
0.02-0.120.58-0.250.03-0.05-0.130.58-0.02-0.3-0.380.34-0.020.220.10.390.280.06-0.210.00.010.1-0.29-0.49-0.3
-0.090.010.16-0.49-0.190.09-0.370.41-0.02-0.35-0.440.561.00.07-0.580.580.54-0.27-0.67-0.030.01-0.020.81-0.54-0.49
0.790.85-0.720.860.740.620.87-0.05-0.3-0.350.850.02-0.350.53-0.010.230.330.680.65-0.30.790.690.10.810.8
0.790.78-0.810.860.770.480.910.06-0.38-0.440.850.03-0.440.56-0.10.10.230.730.78-0.370.750.730.060.940.83
0.350.29-0.2-0.210.290.310.050.770.340.560.020.030.560.35-0.720.740.770.160.0-0.20.370.410.59-0.3-0.16
-0.090.010.16-0.49-0.190.09-0.370.41-0.021.0-0.35-0.440.560.07-0.580.580.54-0.27-0.67-0.030.01-0.020.81-0.54-0.49
0.930.85-0.380.610.890.480.760.580.220.070.530.560.350.07-0.040.720.70.890.1-0.70.880.960.190.470.6
-0.13-0.180.180.17-0.02-0.230.02-0.480.1-0.58-0.01-0.1-0.72-0.58-0.04-0.4-0.50.12-0.07-0.13-0.22-0.15-0.780.120.22
0.620.63-0.120.070.480.620.360.80.390.580.230.10.740.580.72-0.40.980.39-0.18-0.30.690.680.61-0.090.05
0.660.7-0.250.130.50.720.450.780.280.540.330.230.770.540.7-0.50.980.39-0.02-0.240.760.710.690.020.11
0.910.78-0.560.770.980.290.80.270.06-0.270.680.730.16-0.270.890.120.390.390.32-0.830.770.91-0.120.650.83
0.410.38-0.640.530.390.430.65-0.09-0.21-0.670.650.780.0-0.670.1-0.07-0.18-0.020.320.110.390.32-0.150.70.58
-0.62-0.450.42-0.43-0.780.11-0.36-0.180.0-0.03-0.3-0.37-0.2-0.03-0.7-0.13-0.3-0.24-0.830.11-0.42-0.660.11-0.29-0.58
0.960.99-0.540.730.840.740.90.520.010.010.790.750.370.010.88-0.220.690.760.770.39-0.420.940.380.630.62
0.990.92-0.560.70.950.560.860.550.1-0.020.690.730.41-0.020.96-0.150.680.710.910.32-0.660.940.230.590.69
0.210.38-0.24-0.130.020.520.080.42-0.290.810.10.060.590.810.19-0.780.610.69-0.12-0.150.110.380.23-0.07-0.17
0.670.69-0.710.890.660.410.87-0.18-0.49-0.540.810.94-0.3-0.540.470.12-0.090.020.650.7-0.290.630.59-0.070.86
0.750.68-0.770.770.830.410.84-0.19-0.3-0.490.80.83-0.16-0.490.60.220.050.110.830.58-0.580.620.69-0.170.86
Click cells to compare fundamentals

Rubicon Water Account Relationship Matchups

Rubicon Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.6M107.0M125.8M111.6M106.4M97.6M
Short Long Term Debt Total33.4M32.7M29.5M30.7M37.1M23.9M
Other Current Liab8.7M12.9M8.7M8.7M8.0M8.0M
Total Current Liabilities18.3M33.0M24.1M44.8M45.7M31.0M
Total Stockholder Equity40.7M48.5M75.9M65.8M55.1M52.9M
Property Plant And Equipment Net9.8M9.3M9.0M7.8M9.5M9.6M
Net Debt9.0M23.7M18.3M22.2M35.4M37.2M
Retained Earnings39.6M47.9M37.5M26.6M15.9M25.8M
Accounts Payable3.8M8.9M7.9M3.3M4.0M4.7M
Cash24.4M9.0M11.2M8.5M1.7M1.6M
Non Current Assets Total15.4M14.6M17.5M18.5M32.9M17.6M
Non Currrent Assets Other(391K)(1.7M)150K9.9M11.4M12.0M
Other Assets5.5M2.3M5.1M1.00.90.86
Cash And Short Term Investments24.4M9.0M11.2M8.5M1.7M1.6M
Net Receivables41.4M63.1M70.3M58.3M29.9M42.8M
Common Stock Shares Outstanding100.0M172M164.5M171.4M171.6M166.9M
Long Term Debt Total27.7M24.5M25.2M717K824.6K783.3K
Liabilities And Stockholders Equity93.6M107.0M125.8M111.6M106.4M97.6M
Non Current Liabilities Total34.0M24.8M25.6M1.0M5.8M5.5M
Inventory11.3M17.1M25M23.7M17.8M17.8M
Other Current Assets1.1M3.1M4.6M2.5M24.0M25.2M
Other Stockholder Equity(430K)(906K)(129.8M)(129.0M)(1.0)(1.05)
Total Liab52.2M57.8M49.7M45.8M51.5M44.4M
Total Current Assets78.2M92.3M108.3M93.1M73.5M79.7M
Accumulated Other Comprehensive Income(430K)(906K)(129.8M)(129.0M)(128.9M)(122.5M)
Cash And Equivalents19.8M1.6M478K480K432K410.4K
Short Term Debt5.7M8.2M4.3M30.0M31.7M33.2M
Property Plant Equipment9.8M9.3M9.0M7.8M9.0M9.5M
Other Liab6.3M326K381K300K270K256.5K
Net Tangible Assets40.7M48.5M75.9M65.8M75.6M55.5M
Long Term Debt25.4M22.6M24.1M261K234.9K223.2K

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