Rush Short Term Debt vs Intangible Assets Analysis

RUSHA Stock  USD 45.60  0.19  0.42%   
Rush Enterprises financial indicator trend analysis is much more than just breaking down Rush Enterprises A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rush Enterprises A is a good investment. Please check the relationship between Rush Enterprises Short Term Debt and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Enterprises A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Short Term Debt vs Intangible Assets

Short Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rush Enterprises A Short Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rush Enterprises' Short Term Debt and Intangible Assets is -0.33. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Rush Enterprises A, assuming nothing else is changed. The correlation between historical values of Rush Enterprises' Short Term Debt and Intangible Assets 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 Debt of Rush Enterprises A are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Debt i.e., Rush Enterprises' Short Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Rush Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rush Enterprises A 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 Rush Enterprises A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At present, Rush Enterprises' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 123.1 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.10.
 2021 2022 2023 2024 (projected)
Interest Expense1.8M19.1M54.4M57.1M
Depreciation And Amortization58.3M75.5M221.1M232.2M

Rush Enterprises fundamental ratios Correlations

0.50.580.450.50.370.490.510.30.50.540.52-0.30.540.420.720.390.620.230.580.320.460.50.710.480.11
0.50.920.840.960.950.980.880.950.970.320.98-0.260.320.960.890.970.270.440.960.940.980.880.770.930.49
0.580.920.660.980.750.880.990.790.90.240.88-0.20.240.920.930.910.420.430.990.810.920.990.680.780.22
0.450.840.660.760.880.780.580.840.770.570.8-0.010.570.780.650.80.240.40.740.790.850.640.760.90.62
0.50.960.980.760.830.90.960.870.950.280.9-0.140.280.950.880.970.380.420.990.860.970.980.690.840.27
0.370.950.750.880.830.940.710.980.910.320.95-0.280.320.890.750.910.10.430.830.940.910.710.750.940.65
0.490.980.880.780.90.940.860.940.940.261.0-0.350.260.930.910.910.230.470.930.920.910.830.780.880.57
0.510.880.990.580.960.710.860.760.870.090.85-0.280.090.910.910.90.390.420.970.790.880.980.610.720.14
0.30.950.790.840.870.980.940.760.920.250.94-0.230.250.90.740.940.070.420.850.930.930.770.70.90.56
0.50.970.90.770.950.910.940.870.920.310.95-0.260.310.930.860.940.350.410.940.870.950.880.750.860.43
0.540.320.240.570.280.320.260.090.250.310.280.481.00.220.30.220.280.170.30.180.350.20.60.390.48
0.520.980.880.80.90.951.00.850.940.950.28-0.370.280.930.910.910.250.470.930.920.920.820.80.90.57
-0.3-0.26-0.2-0.01-0.14-0.28-0.35-0.28-0.23-0.260.48-0.370.48-0.25-0.36-0.2-0.08-0.18-0.22-0.31-0.14-0.12-0.22-0.250.0
0.540.320.240.570.280.320.260.090.250.311.00.280.480.220.30.230.280.170.30.180.350.20.60.390.48
0.420.960.920.780.950.890.930.910.90.930.220.93-0.250.220.860.950.240.50.950.920.950.90.680.870.39
0.720.890.930.650.880.750.910.910.740.860.30.91-0.360.30.860.820.420.410.940.80.840.870.760.80.37
0.390.970.910.80.970.910.910.90.940.940.220.91-0.20.230.950.820.250.390.950.940.990.910.660.910.34
0.620.270.420.240.380.10.230.390.070.350.280.25-0.080.280.240.420.25-0.090.40.110.280.420.360.19-0.12
0.230.440.430.40.420.430.470.420.420.410.170.47-0.180.170.50.410.39-0.090.430.340.40.410.530.360.38
0.580.960.990.740.990.830.930.970.850.940.30.93-0.220.30.950.940.950.40.430.860.960.970.730.850.31
0.320.940.810.790.860.940.920.790.930.870.180.92-0.310.180.920.80.940.110.340.860.930.770.630.960.5
0.460.980.920.850.970.910.910.880.930.950.350.92-0.140.350.950.840.990.280.40.960.930.910.710.930.39
0.50.880.990.640.980.710.830.980.770.880.20.82-0.120.20.90.870.910.420.410.970.770.910.610.730.13
0.710.770.680.760.690.750.780.610.70.750.60.8-0.220.60.680.760.660.360.530.730.630.710.610.730.56
0.480.930.780.90.840.940.880.720.90.860.390.9-0.250.390.870.80.910.190.360.850.960.930.730.730.56
0.110.490.220.620.270.650.570.140.560.430.480.570.00.480.390.370.34-0.120.380.310.50.390.130.560.56
Click cells to compare fundamentals

Rush Enterprises Account Relationship Matchups

Rush Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding84.5M84.4M86.8M85.7M83.7M76.2M
Total Assets3.4B3.0B3.1B3.8B4.4B4.6B
Short Long Term Debt Total1.8B1.2B1.2B1.4B1.8B1.9B
Other Current Liab112.4M151.8M131.1M163.3M172.5M181.2M
Total Current Liabilities1.5B1.0B1.0B1.4B1.7B1.8B
Total Stockholder Equity1.2B1.3B1.5B1.7B1.9B2.0B
Property Plant And Equipment Net1.3B1.3B1.3B1.5B1.6B1.7B
Net Debt1.6B907.9M1.0B1.2B1.6B1.7B
Retained Earnings1.1B831.9M1.0B1.4B1.5B1.5B
Accounts Payable133.7M110.7M122.3M171.7M162.1M170.2M
Cash181.6M312.0M148.1M201.0M183.7M134.0M
Non Current Assets Total1.7B1.6B1.8B2.0B2.1B2.2B
Non Currrent Assets Other65.5M71.2M(186.2M)(92.3M)(93.0M)(88.3M)
Cash And Short Term Investments181.6M312.0M148.1M201.0M183.7M134.3M
Net Receivables183.7M172.5M140.2M220.7M259.4M272.3M
Liabilities And Stockholders Equity3.4B3.0B3.1B3.8B4.4B4.6B
Non Current Liabilities Total740.4M690.6M649.7M629.4M800.5M840.5M
Inventory1.3B858.3M1.0B1.4B1.8B1.9B
Other Current Assets20.7M14.9M16.0M16.6M15.8M12.8M
Other Stockholder Equity93.1M434.8M433.8M369.7M422.2M257.0M
Total Liab2.2B1.7B1.7B2.1B2.5B2.6B
Property Plant And Equipment Gross1.3B1.3B1.3B1.5B2.5B2.6B
Total Current Assets1.7B1.4B1.3B1.9B2.3B2.4B
Accumulated Other Comprehensive Income337K869K787K(4.1M)(2.2M)(2.3M)
Short Term Debt1.2B690.0M669.5M977.4M1.2B1.3B
Common Stock Total Equity465K551K563K572K657.8K382.5K
Common Stock465K551K563K572K806K846.3K
Other Assets23.9M131.8M99.7M49.2M56.6M59.4M
Long Term Debt438.4M388.0M334.9M275.4M414.0M306.7M
Intangible Assets65.5M71.2M99.7M16.5M12.3M11.7M
Property Plant Equipment1.3B1.2B1.3B1.4B1.6B1.7B
Current Deferred Revenue42.7M74.2M80.6M116.2M145.3M152.6M
Treasury Stock(304.1M)(2.9M)(36.9M)(130.9M)(117.8M)(123.7M)
Other Liab185.0M160.7M167.0M171.4M197.1M118.0M
Retained Earnings Total Equity1.1B831.9M1.0B1.4B1.6B1.7B
Deferred Long Term Liab164.3M126.4M140.5M152.0M174.8M130.3M
Net Tangible Assets984.4M1.4B1.1B1.5B1.7B1.1B
Long Term Debt Total438.4M388.0M334.9M275.4M247.9M359.2M
Capital Surpluse397.3M437.6M470.8M500.6M575.7M414.9M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rush Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rush Enterprises' short interest history, or implied volatility extrapolated from Rush Enterprises options trading.

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When determining whether Rush Enterprises A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Enterprises' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rush Enterprises A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Enterprises A Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Enterprises A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Rush Enterprises A information on this page should be used as a complementary analysis to other Rush Enterprises' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Rush Enterprises' price analysis, check to measure Rush Enterprises' 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 Rush Enterprises is operating at the current time. Most of Rush Enterprises' value examination focuses on studying past and present price action to predict the probability of Rush Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rush Enterprises' price. Additionally, you may evaluate how the addition of Rush Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is Rush Enterprises' 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 Rush Enterprises. If investors know Rush 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 Rush Enterprises 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
(0.17)
Dividend Share
0.65
Earnings Share
3.96
Revenue Per Share
98.354
Quarterly Revenue Growth
(0.02)
The market value of Rush Enterprises A is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Rush Enterprises' 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 Rush Enterprises' market value can be influenced by many factors that don't directly affect Rush Enterprises' 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 Rush Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Enterprises' 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.