Rezolute Total Current Assets vs Return On Assets Analysis

RZLT Stock  USD 5.25  0.03  0.57%   
Rezolute financial indicator trend analysis is much more than just breaking down Rezolute prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rezolute is a good investment. Please check the relationship between Rezolute Total Current Assets and its Return On Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rezolute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Rezolute Stock please use our How to Invest in Rezolute guide.

Total Current Assets vs Return On Assets

Total Current Assets vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rezolute Total Current Assets account and Return On Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rezolute's Total Current Assets and Return On Assets is 0.53. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Return On Assets in the same time period over historical financial statements of Rezolute, assuming nothing else is changed. The correlation between historical values of Rezolute's Total Current Assets and Return On 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 Total Current Assets of Rezolute are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Total Current Assets i.e., Rezolute's Total Current Assets and Return On Assets go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.
Most indicators from Rezolute's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rezolute 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 Rezolute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Rezolute Stock please use our How to Invest in Rezolute guide.Enterprise Value is likely to gain to about 26.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.3 M in 2024.

Rezolute fundamental ratios Correlations

0.241.0-0.57-0.860.760.610.990.130.90.120.960.270.99-0.010.030.12-0.050.230.74-0.10.47-0.440.93-0.05-0.37
0.240.210.06-0.480.43-0.040.220.760.330.090.380.580.230.74-0.090.66-0.210.320.26-0.380.38-0.430.36-0.18-0.08
1.00.21-0.58-0.840.750.620.990.120.890.060.950.20.99-0.04-0.020.09-0.040.210.73-0.090.45-0.420.92-0.03-0.36
-0.570.06-0.580.43-0.02-0.99-0.65-0.02-0.16-0.03-0.45-0.03-0.640.020.05-0.090.2-0.150.10.06-0.210.25-0.240.20.31
-0.86-0.48-0.840.43-0.78-0.49-0.86-0.22-0.82-0.3-0.96-0.57-0.86-0.16-0.15-0.360.11-0.31-0.650.24-0.640.67-0.870.10.49
0.760.430.75-0.02-0.780.070.70.390.90.060.840.340.70.14-0.070.120.31-0.070.940.040.66-0.640.910.32-0.41
0.61-0.040.62-0.99-0.490.070.690.010.210.130.50.120.68-0.040.050.08-0.220.19-0.06-0.070.23-0.280.3-0.22-0.32
0.990.220.99-0.65-0.860.70.690.120.850.140.940.271.0-0.020.040.13-0.110.270.66-0.120.45-0.430.89-0.1-0.36
0.130.760.12-0.02-0.220.390.010.120.13-0.170.190.240.120.74-0.340.380.2-0.140.19-0.050.38-0.430.180.23-0.12
0.90.330.89-0.16-0.820.90.210.850.130.110.920.30.860.00.040.120.00.240.93-0.130.45-0.390.990.01-0.27
0.120.090.06-0.03-0.30.060.130.14-0.170.110.20.840.14-0.060.90.05-0.20.250.01-0.120.11-0.190.15-0.2-0.14
0.960.380.95-0.45-0.960.840.50.940.190.920.20.430.950.080.080.24-0.070.270.77-0.170.58-0.580.96-0.06-0.43
0.270.580.2-0.03-0.570.340.120.270.240.30.840.430.270.360.660.44-0.240.320.18-0.250.41-0.470.36-0.22-0.26
0.990.230.99-0.64-0.860.70.681.00.120.860.140.950.27-0.010.040.13-0.110.270.66-0.120.45-0.430.89-0.1-0.36
-0.010.74-0.040.02-0.160.14-0.04-0.020.740.0-0.060.080.36-0.01-0.280.86-0.080.06-0.01-0.180.23-0.30.04-0.04-0.21
0.03-0.09-0.020.05-0.15-0.070.050.04-0.340.040.90.080.660.04-0.28-0.18-0.330.42-0.08-0.27-0.140.00.05-0.340.22
0.120.660.09-0.09-0.360.120.080.130.380.120.050.240.440.130.86-0.18-0.280.280.01-0.330.26-0.320.16-0.25-0.33
-0.05-0.21-0.040.20.110.31-0.22-0.110.20.0-0.2-0.07-0.24-0.11-0.08-0.33-0.28-0.860.320.480.32-0.390.031.0-0.42
0.230.320.21-0.15-0.31-0.070.190.27-0.140.240.250.270.320.270.060.420.28-0.86-0.05-0.81-0.370.160.22-0.860.53
0.740.260.730.1-0.650.94-0.060.660.190.930.010.770.180.66-0.01-0.080.010.32-0.050.050.46-0.40.910.32-0.3
-0.1-0.38-0.090.060.240.04-0.07-0.12-0.05-0.13-0.12-0.17-0.25-0.12-0.18-0.27-0.330.48-0.810.050.360.14-0.130.48-0.52
0.470.380.45-0.21-0.640.660.230.450.380.450.110.580.410.450.23-0.140.260.32-0.370.460.36-0.680.510.33-0.79
-0.44-0.43-0.420.250.67-0.64-0.28-0.43-0.43-0.39-0.19-0.58-0.47-0.43-0.30.0-0.32-0.390.16-0.40.14-0.68-0.49-0.40.54
0.930.360.92-0.24-0.870.910.30.890.180.990.150.960.360.890.040.050.160.030.220.91-0.130.51-0.490.03-0.34
-0.05-0.18-0.030.20.10.32-0.22-0.10.230.01-0.2-0.06-0.22-0.1-0.04-0.34-0.251.0-0.860.320.480.33-0.40.03-0.43
-0.37-0.08-0.360.310.49-0.41-0.32-0.36-0.12-0.27-0.14-0.43-0.26-0.36-0.210.22-0.33-0.420.53-0.3-0.52-0.790.54-0.34-0.43
Click cells to compare fundamentals

Rezolute Account Relationship Matchups

Rezolute fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0M42.6M152.4M123.7M142.3M149.4M
Total Current Liabilities3.2M2.0M2.5M5.2M6.0M3.6M
Total Stockholder Equity7.4M26.1M149.5M116.2M133.6M140.3M
Net Debt(9.5M)(26.6M)(150.2M)(13.6M)(12.2M)(12.8M)
Retained Earnings(147.2M)(168.1M)(209.2M)(261.0M)(234.9M)(223.1M)
Accounts Payable893K1.0M1.1M3.3M3.8M3.9M
Cash10.0M41.0M150.4M16.0M18.4M23.0M
Cash And Short Term Investments10.0M41.0M150.4M101.9M117.2M123.0M
Common Stock Shares Outstanding5.8M7.7M19.5M51.2M58.9M61.8M
Liabilities And Stockholders Equity11.0M42.6M152.4M123.7M142.3M149.4M
Non Current Liabilities Total374K14.5M487K2.3M2.7M2.3M
Other Stockholder Equity154.6M194.2M358.6M377.5M434.1M455.8M
Total Liab3.6M16.5M2.9M7.5M8.7M5.5M
Total Current Assets10.5M42.0M152.1M104.9M120.6M126.7M
Common Stock6K8K34K37K42.6K48.4K
Short Long Term Debt Total410K14.4M515K2.5M2.8M2.5M
Other Current Liab2.1M668K1.2M1.4M1.6M1.3M
Property Plant And Equipment Net416K425K168K2.2M2.0M1.5M
Non Current Assets Total447K616K316K18.8M21.6M22.7M
Non Currrent Assets Other35K31K191K148K133.2K194.5K
Other Current Assets563K946K1.7M3.0M3.5M3.6M
Property Plant And Equipment Gross416K425K208K2.3M2.0M1.5M
Short Term Debt245K265K108K541K486.9K628.6K
Property Plant Equipment416K425K16K2.2M2.0M1.4M
Other Liab209K387K407K412K473.8K549.6K
Net Tangible Assets7.4M26.1M149.5M116.2M133.6M140.3M
Other Assets31K191K0.0148K133.2K201.1K
Accumulated Other Comprehensive Income(3K)(14M)0.0(351K)(315.9K)(331.7K)
Net Invested Capital7.4M40.1M149.5M116.2M133.6M140.3M
Net Working Capital7.3M40.0M149.6M99.7M114.7M120.4M

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Additional Tools for Rezolute Stock Analysis

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