Recon Other Current Assets from 2010 to 2025

RCON Stock  USD 2.52  0.02  0.79%   
Recon Technology Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 37.9 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2006-06-30
Previous Quarter
213.8 M
Current Value
49.6 M
Quarterly Volatility
33.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Recon Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Recon Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.7 M, Interest Expense of 1.1 M or Selling General Administrative of 77 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 0.1. Recon financial statements analysis is a perfect complement when working with Recon Technology Valuation or Volatility modules.
  
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Check out the analysis of Recon Technology Correlation against competitors.
To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.

Latest Recon Technology's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Recon Technology over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Recon Technology's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Recon Technology's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Recon Other Current Assets Regression Statistics

Arithmetic Mean40,817,572
Geometric Mean32,058,244
Coefficient Of Variation71.40
Mean Deviation19,937,478
Median40,160,573
Standard Deviation29,142,456
Sample Variance849.3T
Range124.2M
R-Value0.50
Mean Square Error679.5T
R-Squared0.25
Significance0.05
Slope3,080,628
Total Sum of Squares12739.2T

Recon Other Current Assets History

202537.9 M
202457 M
202349.6 M
2022129 M
202157.5 M
202059.1 M
201931.9 M

About Recon Technology Financial Statements

Recon Technology investors utilize fundamental indicators, such as Other Current Assets, to predict how Recon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets57 M37.9 M
When determining whether Recon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Recon Technology's 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 Recon Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Recon Technology Stock:
Check out the analysis of Recon Technology Correlation against competitors.
To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Oil & Gas Equipment & Services 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 Recon Technology. If investors know Recon 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 Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.37)
Revenue Per Share
8.034
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.09)
Return On Equity
(0.11)
The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology'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 Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology'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 Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology'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.