Rand Common Stock Total Equity vs Accounts Payable Analysis
RAND Stock | USD 16.45 0.27 1.61% |
Rand Capital financial indicator trend analysis is much more than just breaking down Rand Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rand Capital Corp is a good investment. Please check the relationship between Rand Capital Common Stock Total Equity and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rand Capital Corp. 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.
Common Stock Total Equity vs Accounts Payable
Common Stock Total Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rand Capital Corp Common Stock Total Equity account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Rand Capital's Common Stock Total Equity and Accounts Payable is 0.02. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Rand Capital Corp, assuming nothing else is changed. The correlation between historical values of Rand Capital's Common Stock Total Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Rand Capital Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Total Equity i.e., Rand Capital's Common Stock Total Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Accounts Payable
An accounting item on the balance sheet that represents Rand Capital 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 Rand Capital Corp 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.Most indicators from Rand Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rand Capital Corp 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 Rand Capital Corp. 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. At present, Rand Capital's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 5.32, whereas Selling General Administrative is forecasted to decline to about 1 M.
2023 | 2024 (projected) | Interest Income | 6.0M | 6.3M | Non Recurring | 58.1K | 55.2K |
Rand Capital fundamental ratios Correlations
Click cells to compare fundamentals
Rand Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rand Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.8M | 61.0M | 65.6M | 63.5M | 81.0M | 85.1M | |
Short Long Term Debt Total | 8.9M | 11.1M | 10.8M | 2.6M | 16.3M | 9.2M | |
Total Stockholder Equity | 53.6M | 46.1M | 60.7M | 57.7M | 60.8M | 63.9M | |
Net Debt | (15.0M) | (9.5M) | (833.9K) | 1.2M | 13.0M | 13.6M | |
Cash | 25.8M | 20.4M | 833.9K | 1.4M | 3.3M | 6.3M | |
Non Current Assets Total | 37.0M | 40.0M | 64.1M | 28.2K | 77.3M | 81.1M | |
Non Currrent Assets Other | (1.2M) | (61.0M) | (181.0K) | (61.5M) | (77.2M) | (73.3M) | |
Other Assets | 1.6M | 229.1K | 443.0K | 58.3M | 81.0M | 85.1M | |
Cash And Short Term Investments | 25.8M | 20.4M | 833.9K | 4.9M | 3.3M | 6.5M | |
Net Receivables | 399.4K | 323.9K | 299.5K | 380.0K | 329.7K | 523.6K | |
Common Stock Shares Outstanding | 836.9K | 2.3M | 2.6M | 2.6M | 2.3M | 2.1M | |
Liabilities And Stockholders Equity | 64.8M | 61.0M | 65.6M | 63.5M | 81.0M | 85.1M | |
Non Current Liabilities Total | 10.8M | 10.8M | 4.2M | 5.2M | 16.8M | 8.7M | |
Total Liab | 11.2M | 14.9M | 51.7K | 5.8M | 20.2M | 21.2M | |
Total Current Assets | 26.2M | 20.7M | 1.1M | 5.1M | 3.8M | 6.9M | |
Retained Earnings | (1.8M) | (4.6M) | 10.4M | 7.6M | 6.3M | 6.6M | |
Other Stockholder Equity | 34.4M | 48.3M | 50.1M | 49.9M | 54.2M | 56.9M | |
Other Current Liab | (338.4K) | (3.8M) | (51.7K) | 347.3K | 979.3K | 1.0M | |
Total Current Liabilities | 338.4K | 3.6M | 51.7K | 557.0K | 1.1M | 569.4K | |
Other Liab | 37.6K | 275.0K | 408.9K | 414.0K | 476.1K | 499.9K | |
Accounts Payable | 338.4K | 3.6M | 51.7K | 66.7K | 145.5K | 138.2K | |
Current Deferred Revenue | 37.6K | 153.9K | 408.9K | 414.0K | (16.1M) | (15.3M) | |
Other Current Assets | (26.2M) | 229.1K | (1.1M) | 243.6K | 144.6K | 151.8K | |
Property Plant And Equipment Net | 262.0 | (1.2M) | (181.0K) | (28.2K) | 77.2M | 81.1M | |
Net Tangible Assets | 53.6M | 46.1M | 60.7M | 57.7M | 66.4M | 46.5M | |
Long Term Investments | 37.0M | 40.0M | 64.1M | 61.5M | 77.1M | 48.5M | |
Short Term Debt | 300.9K | 3.5M | 357.2K | 2.6M | 16.3M | 17.1M | |
Net Invested Capital | 40.1M | 64.4M | 56.9M | 60.3M | 77.1M | 62.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Rand Capital Corp is a strong investment it is important to analyze Rand Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rand Capital's future performance. For an informed investment choice regarding Rand Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rand Capital Corp. 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. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space 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 Rand Capital. If investors know Rand 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 Rand Capital 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 3.427 | Dividend Share 1.08 | Earnings Share 4.98 | Revenue Per Share 3.236 | Quarterly Revenue Growth 0.274 |
The market value of Rand Capital Corp is measured differently than its book value, which is the value of Rand that is recorded on the company's balance sheet. Investors also form their own opinion of Rand Capital's value that differs from its market value or its book value, called intrinsic value, which is Rand Capital's 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 Rand Capital's market value can be influenced by many factors that don't directly affect Rand Capital's 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 Rand Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rand Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rand Capital's 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.