Royal Cash vs Net Debt Analysis

RYR Stock

CAD 0.12 0.02 20.00%

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

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Road Minerals Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Royal Road's Cash and Net Debt is -1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Royal Road Minerals, assuming nothing else is changed. The correlation between historical values of Royal Road's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Royal Road Minerals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Royal Road's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Royal Road Minerals, which is listed under current asset account on Royal Road Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Royal Road customers. The amounts must be unrestricted with restricted cash listed in a different Royal Road account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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.

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

Sales General And Administrative To Revenue is likely to climb to 8,197 in 2024, whereas Discontinued Operations is likely to drop (45.2 K) in 2024.

Royal Road fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Inventory	Other Current Assets	Non Currrent Assets Other	Net Invested Capital	Net Working Capital
Total Assets		0.42	1.0	0.44	0.8	0.76	-0.96	-0.44	0.51	0.96	0.78	0.96	0.67	0.83	0.77	0.87	0.46	0.96	0.85	0.72	0.79	-0.58	-0.39	0.08	0.98	0.96
Total Current Liabilities	0.42		0.39	0.42	0.24	0.25	-0.4	-0.03	0.93	0.4	0.25	0.39	0.19	0.2	0.57	0.24	1.0	0.43	0.23	0.01	0.5	-0.05	0.03	0.02	0.39	0.42
Total Stockholder Equity	1.0	0.39		0.44	0.8	0.77	-0.96	-0.44	0.49	0.96	0.78	0.96	0.68	0.84	0.76	0.88	0.42	0.96	0.85	0.73	0.78	-0.59	-0.4	0.08	0.98	0.95
Other Liab	0.44	0.42	0.44		0.44	0.44	-0.29	-0.6	0.52	0.29	0.46	0.36	0.63	0.66	0.09	0.68	0.4	0.38	0.65	0.48	0.15	-0.79	-0.81	0.02	0.38	0.4
Net Tangible Assets	0.8	0.24	0.8	0.44		0.4	-0.7	-0.83	0.53	0.72	0.44	0.8	0.87	0.88	0.58	0.86	0.28	0.8	0.89	0.74	0.58	-0.61	-0.53	0.08	0.82	0.85
Property Plant And Equipment Net	0.76	0.25	0.77	0.44	0.4		-0.64	-0.26	0.18	0.64	1.0	0.57	0.5	0.66	0.3	0.68	0.26	0.58	0.65	0.78	0.37	-0.57	-0.33	0.05	0.69	0.54
Net Debt	-0.96	-0.4	-0.96	-0.29	-0.7	-0.64		0.26	-0.47	-1.0	-0.66	-0.98	-0.51	-0.7	-0.86	-0.76	-0.45	-0.97	-0.72	-0.54	-0.89	0.45	0.27	-0.09	-0.96	-0.96
Retained Earnings	-0.44	-0.03	-0.44	-0.6	-0.83	-0.26	0.26		-0.33	-0.27	-0.29	-0.39	-0.87	-0.79	-0.04	-0.74	-0.03	-0.39	-0.79	-0.72	-0.1	0.71	0.74	-0.09	-0.44	-0.46
Accounts Payable	0.51	0.93	0.49	0.52	0.53	0.18	-0.47	-0.33		0.48	0.19	0.52	0.43	0.41	0.64	0.43	0.93	0.56	0.44	0.16	0.55	-0.2	-0.15	0.03	0.51	0.57
Cash	0.96	0.4	0.96	0.29	0.72	0.64	-1.0	-0.27	0.48		0.65	0.98	0.52	0.7	0.86	0.76	0.45	0.98	0.73	0.54	0.9	-0.45	-0.28	0.09	0.97	0.97
Non Current Assets Total	0.78	0.25	0.78	0.46	0.44	1.0	-0.66	-0.29	0.19	0.65		0.59	0.53	0.68	0.31	0.7	0.27	0.59	0.67	0.8	0.38	-0.59	-0.35	0.05	0.7	0.56
Cash And Short Term Investments	0.96	0.39	0.96	0.36	0.8	0.57	-0.98	-0.39	0.52	0.98	0.59		0.6	0.78	0.87	0.83	0.44	1.0	0.81	0.59	0.86	-0.49	-0.33	0.09	0.96	0.99
Net Receivables	0.67	0.19	0.68	0.63	0.87	0.5	-0.51	-0.87	0.43	0.52	0.53	0.6		0.9	0.29	0.88	0.2	0.6	0.85	0.8	0.35	-0.79	-0.69	0.03	0.64	0.64
Common Stock Shares Outstanding	0.83	0.2	0.84	0.66	0.88	0.66	-0.7	-0.79	0.41	0.7	0.68	0.78	0.9		0.45	0.98	0.23	0.78	0.99	0.9	0.48	-0.79	-0.65	0.13	0.78	0.79
Non Current Liabilities Total	0.77	0.57	0.76	0.09	0.58	0.3	-0.86	-0.04	0.64	0.86	0.31	0.87	0.29	0.45		0.49	0.62	0.88	0.48	0.23	0.91	-0.08	0.08	0.04	0.79	0.85
Other Stockholder Equity	0.87	0.24	0.88	0.68	0.86	0.68	-0.76	-0.74	0.43	0.76	0.7	0.83	0.88	0.98	0.49		0.27	0.82	0.97	0.85	0.53	-0.82	-0.68	0.02	0.83	0.83
Total Liab	0.46	1.0	0.42	0.4	0.28	0.26	-0.45	-0.03	0.93	0.45	0.27	0.44	0.2	0.23	0.62	0.27		0.48	0.25	0.03	0.55	-0.05	0.04	0.02	0.43	0.46
Total Current Assets	0.96	0.43	0.96	0.38	0.8	0.58	-0.97	-0.39	0.56	0.98	0.59	1.0	0.6	0.78	0.88	0.82	0.48		0.81	0.59	0.86	-0.48	-0.32	0.09	0.96	0.99
Common Stock	0.85	0.23	0.85	0.65	0.89	0.65	-0.72	-0.79	0.44	0.73	0.67	0.81	0.85	0.99	0.48	0.97	0.25	0.81		0.89	0.5	-0.75	-0.63	0.11	0.81	0.82
Property Plant Equipment	0.72	0.01	0.73	0.48	0.74	0.78	-0.54	-0.72	0.16	0.54	0.8	0.59	0.8	0.9	0.23	0.85	0.03	0.59	0.89		0.25	-0.68	-0.5	0.05	0.66	0.59
Other Current Liab	0.79	0.5	0.78	0.15	0.58	0.37	-0.89	-0.1	0.55	0.9	0.38	0.86	0.35	0.48	0.91	0.53	0.55	0.86	0.5	0.25		-0.25	-0.13	0.04	0.81	0.85
Inventory	-0.58	-0.05	-0.59	-0.79	-0.61	-0.57	0.45	0.71	-0.2	-0.45	-0.59	-0.49	-0.79	-0.79	-0.08	-0.82	-0.05	-0.48	-0.75	-0.68	-0.25		0.9	-0.03	-0.55	-0.52
Other Current Assets	-0.39	0.03	-0.4	-0.81	-0.53	-0.33	0.27	0.74	-0.15	-0.28	-0.35	-0.33	-0.69	-0.65	0.08	-0.68	0.04	-0.32	-0.63	-0.5	-0.13	0.9		-0.04	-0.39	-0.38
Non Currrent Assets Other	0.08	0.02	0.08	0.02	0.08	0.05	-0.09	-0.09	0.03	0.09	0.05	0.09	0.03	0.13	0.04	0.02	0.02	0.09	0.11	0.05	0.04	-0.03	-0.04		0.09	0.09
Net Invested Capital	0.98	0.39	0.98	0.38	0.82	0.69	-0.96	-0.44	0.51	0.97	0.7	0.96	0.64	0.78	0.79	0.83	0.43	0.96	0.81	0.66	0.81	-0.55	-0.39	0.09		0.97
Net Working Capital	0.96	0.42	0.95	0.4	0.85	0.54	-0.96	-0.46	0.57	0.97	0.56	0.99	0.64	0.79	0.85	0.83	0.46	0.99	0.82	0.59	0.85	-0.52	-0.38	0.09	0.97

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Royal Road Account Relationship Matchups

Royal Road fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.3M	20.1M	39.7M	28.1M	14.3M	13.7M
Total Current Liabilities	181.6K	178.0K	829.7K	897.6K	324.8K	487.2K
Total Stockholder Equity	13.1M	19.9M	38.7M	27.1M	13.9M	13.2M
Net Tangible Assets	7.1M	13.1M	19.9M	27.1M	31.2M	32.7M
Property Plant And Equipment Net	9.5M	9.4M	9.7M	6.5M	155.6K	147.9K
Net Debt	(3.0M)	(10.4M)	(28.9M)	(21.0M)	(6.4M)	(6.7M)
Retained Earnings	(21.0M)	(26.9M)	(10.3M)	(21.3M)	(36.3M)	(34.5M)
Accounts Payable	212.9K	181.6K	178.0K	864.5K	778.1K	817.0K
Cash	3.0M	10.4M	29.0M	21.1M	6.5M	8.0M
Non Current Assets Total	9.9M	9.7M	10.1M	6.8M	562.4K	534.2K
Cash And Short Term Investments	3.0M	10.4M	29.0M	21.1M	13.3M	8.6M
Common Stock Shares Outstanding	200.4M	242.6M	265.8M	265.7M	305.6M	169.5M
Liabilities And Stockholders Equity	13.3M	20.1M	39.7M	28.1M	14.3M	13.7M
Other Stockholder Equity	2.8M	4.7M	5.6M	4.9M	5.1M	3.1M
Total Liab	181.6K	178.0K	944.5K	974.6K	366.4K	516.5K
Total Current Assets	3.4M	10.4M	29.5M	21.3M	13.7M	9.0M
Accumulated Other Comprehensive Income	450.4K	571.1K	892.7K	1.1M	2.7M	2.8M
Common Stock	20.6M	30.8M	41.5M	42.5M	48.9M	26.8M
Property Plant Equipment	3.6M	9.5M	9.4M	6.5M	7.5M	4.2M
Other Current Liab	181.6K	178.0K	798.4K	864.5K	287.2K	395.6K
Other Current Assets	401.0K	26.8K	514.4K	144.2K	35.6K	33.9K
Non Currrent Assets Other	415.9K	247.6K	414.7K	234.6K	269.8K	255.2K
Net Invested Capital	13.1M	19.9M	38.7M	27.1M	13.9M	19.7M
Net Working Capital	3.2M	10.2M	28.7M	20.4M	13.4M	12.7M

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