Richardson Accounts Payable vs Net Debt Analysis
RELL Stock | USD 11.19 0.29 2.53% |
Richardson Electronics financial indicator trend analysis is much more than just breaking down Richardson Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richardson Electronics is a good investment. Please check the relationship between Richardson Electronics Accounts Payable and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.
Accounts Payable vs Net Debt
Accounts Payable vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richardson Electronics Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Richardson Electronics' Accounts Payable and Net Debt is 0.51. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Richardson Electronics, assuming nothing else is changed. The correlation between historical values of Richardson Electronics' Accounts Payable 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 Accounts Payable of Richardson Electronics 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 Accounts Payable i.e., Richardson Electronics' Accounts Payable and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Richardson Electronics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Richardson Electronics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Richardson Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richardson Electronics 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 Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.At this time, Richardson Electronics' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 3.3 M this year, although Enterprise Value Over EBITDA is projected to rise to (18.06).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 80K | 47K | 42.3K | 40.2K | Depreciation And Amortization | 3.7M | 3.6M | 3.3M | 3.1M |
Richardson Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Richardson Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Richardson Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 150.7M | 156.1M | 179.8M | 198.0M | 178.2M | 174.8M | |
Other Current Liab | 8.7M | 11.3M | 11.1M | 8.7M | 7.9M | 11.7M | |
Total Current Liabilities | 29.2M | 32.0M | 41.2M | 36.6M | 42.1M | 45.8M | |
Total Stockholder Equity | 118.7M | 121.6M | 135.8M | 159.3M | 183.2M | 121.5M | |
Property Plant And Equipment Net | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 17.5M | |
Net Debt | (27.1M) | (40.9M) | (32.5M) | (22.5M) | (20.3M) | (19.3M) | |
Retained Earnings | 54.8M | 53.3M | 68.0M | 87.0M | 100.1M | 105.1M | |
Cash | 30.5M | 43.3M | 35.5M | 25.0M | 28.7M | 34.5M | |
Non Current Assets Total | 24.1M | 22.4M | 26.6M | 30.0M | 27.0M | 34.7M | |
Non Currrent Assets Other | 3.4M | 2.6M | 3.2M | 267K | 240.3K | 228.3K | |
Cash And Short Term Investments | 46.5M | 43.3M | 40.5M | 25.0M | 28.7M | 42.9M | |
Net Receivables | 20.2M | 24.5M | 29.9M | 30.1M | 27.1M | 40.3M | |
Common Stock Shares Outstanding | 12.9M | 13.1M | 13.7M | 14.4M | 16.5M | 15.1M | |
Liabilities And Stockholders Equity | 150.7M | 156.1M | 179.8M | 198.0M | 178.2M | 174.8M | |
Non Current Liabilities Total | 2.9M | 2.5M | 2.8M | 2.1M | 1.9M | 1.8M | |
Inventory | 57.5M | 63.5M | 80.4M | 110.4M | 99.4M | 60.6M | |
Other Current Assets | 2.4M | 2.4M | 2.4M | 2.6M | 2.4M | 2.3M | |
Other Stockholder Equity | 61.7M | 62.7M | 66.3M | 71.0M | 81.6M | 80.7M | |
Total Liab | 32.1M | 34.5M | 44.0M | 38.7M | 34.9M | 33.1M | |
Total Current Assets | 126.7M | 133.7M | 153.2M | 168.1M | 193.3M | 192.7M | |
Accounts Payable | 17.4M | 16.3M | 24.0M | 23.5M | 27.1M | 26.8M | |
Intangible Assets | 2.5M | 2.3M | 2.0M | 1.9M | 1.7M | 1.6M | |
Property Plant And Equipment Gross | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 15.5M | |
Accumulated Other Comprehensive Income | 1.5M | 4.9M | 800K | 615K | 707.3K | 742.6K | |
Common Stock Total Equity | 652K | 657K | 663K | 685K | 616.5K | 615.6K | |
Common Stock | 657K | 663K | 685K | 710K | 639K | 613.3K | |
Other Assets | 456K | 541K | 4.4M | 4.8M | 4.3M | 4.5M | |
Property Plant Equipment | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 16.2M | |
Other Liab | 938K | 1.2M | 851K | 710K | 639K | 607.1K | |
Current Deferred Revenue | 1.7M | 3.3M | 5.0M | 3.3M | 3.0M | 3.4M | |
Retained Earnings Total Equity | 59.7M | 54.8M | 53.3M | 68.0M | 61.2M | 54.1M | |
Net Tangible Assets | 116.2M | 119.3M | 133.8M | 157.4M | 141.7M | 112.0M | |
Capital Surpluse | 61.0M | 61.7M | 62.7M | 66.3M | 59.7M | 50.7M | |
Non Current Liabilities Other | 777K | 922K | 766K | 612K | 550.8K | 523.3K |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Richardson Electronics using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Richardson Stock analysis
When running Richardson Electronics' price analysis, check to measure Richardson Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Richardson Electronics is operating at the current time. Most of Richardson Electronics' value examination focuses on studying past and present price action to predict the probability of Richardson Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richardson Electronics' price. Additionally, you may evaluate how the addition of Richardson Electronics to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is Richardson Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Richardson Electronics. If investors know Richardson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Richardson Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 0.24 | Earnings Share 0.29 | Revenue Per Share 14.611 | Quarterly Revenue Growth (0.26) |
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.