Rave Non Currrent Assets Other vs Net Debt Analysis

RAVE Stock  USD 2.92  0.11  3.91%   
Rave Restaurant financial indicator trend analysis is much more than just breaking down Rave Restaurant Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rave Restaurant Group is a good investment. Please check the relationship between Rave Restaurant Non Currrent Assets Other and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rave Restaurant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Non Currrent Assets Other vs Net Debt

Non Currrent Assets Other vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rave Restaurant Group Non Currrent Assets Other account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rave Restaurant's Non Currrent Assets Other and Net Debt is 0.39. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Debt in the same time period over historical financial statements of Rave Restaurant Group, assuming nothing else is changed. The correlation between historical values of Rave Restaurant's Non Currrent Assets Other 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 Non Currrent Assets Other of Rave Restaurant Group 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 Non Currrent Assets Other i.e., Rave Restaurant's Non Currrent Assets Other and Net Debt go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 Rave Restaurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rave Restaurant Group 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 Rave Restaurant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Rave Restaurant's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.46, whereas Enterprise Value Over EBITDA is forecasted to decline to 6.37.
 2021 2022 2023 2024 (projected)
Gross Profit7.4M7.9M8.5M6.9M
Total Revenue10.7M11.9M12.2M11.5M

Rave Restaurant fundamental ratios Correlations

0.540.510.380.470.360.130.240.230.320.880.380.240.38-0.040.450.240.54-0.020.480.67-0.170.610.36-0.29-0.33
0.540.840.56-0.440.040.8-0.320.13-0.010.610.6-0.180.240.080.970.350.59-0.060.960.15-0.050.91-0.03-0.4-0.41
0.510.840.54-0.380.070.820.00.22-0.290.630.38-0.470.48-0.250.880.610.75-0.40.880.07-0.340.87-0.02-0.64-0.67
0.380.560.54-0.350.460.470.110.76-0.210.420.11-0.320.72-0.420.50.360.5-0.40.70.130.070.460.44-0.7-0.7
0.47-0.44-0.38-0.350.29-0.740.5-0.070.480.24-0.190.52-0.030.02-0.53-0.17-0.080.16-0.530.58-0.06-0.330.340.280.25
0.360.040.070.460.29-0.150.460.76-0.120.43-0.09-0.310.52-0.54-0.080.120.21-0.330.090.06-0.04-0.170.97-0.44-0.44
0.130.80.820.47-0.74-0.15-0.220.12-0.540.330.39-0.540.31-0.210.870.530.52-0.380.85-0.25-0.260.8-0.19-0.53-0.57
0.24-0.320.00.110.50.46-0.220.28-0.250.11-0.48-0.170.62-0.79-0.370.590.3-0.73-0.270.32-0.34-0.210.5-0.52-0.56
0.230.130.220.76-0.070.760.120.28-0.340.33-0.05-0.510.69-0.60.090.150.23-0.40.32-0.06-0.070.00.71-0.56-0.58
0.32-0.01-0.29-0.210.48-0.12-0.54-0.25-0.340.00.160.77-0.40.67-0.12-0.38-0.20.63-0.150.660.4-0.06-0.150.530.58
0.880.610.630.420.240.430.330.110.330.00.44-0.050.37-0.090.570.180.55-0.050.580.24-0.30.660.43-0.4-0.43
0.380.60.380.11-0.19-0.090.39-0.48-0.050.160.440.11-0.080.320.63-0.08-0.120.40.540.08-0.130.55-0.11-0.01-0.01
0.24-0.18-0.47-0.320.52-0.31-0.54-0.17-0.510.77-0.050.11-0.450.63-0.27-0.48-0.310.66-0.350.590.3-0.11-0.190.60.61
0.380.240.480.72-0.030.520.310.620.69-0.40.37-0.08-0.45-0.790.210.620.51-0.680.370.2-0.210.250.52-0.9-0.91
-0.040.08-0.25-0.420.02-0.54-0.21-0.79-0.60.67-0.090.320.63-0.790.08-0.65-0.380.89-0.060.070.390.07-0.540.770.82
0.450.970.880.5-0.53-0.080.87-0.370.09-0.120.570.63-0.270.210.080.370.55-0.080.970.03-0.150.94-0.15-0.4-0.42
0.240.350.610.36-0.170.120.530.590.15-0.380.18-0.08-0.480.62-0.650.370.59-0.860.420.22-0.370.440.06-0.73-0.77
0.540.590.750.5-0.080.210.520.30.23-0.20.55-0.12-0.310.51-0.380.550.59-0.50.60.25-0.170.630.16-0.61-0.64
-0.02-0.06-0.4-0.40.16-0.33-0.38-0.73-0.40.63-0.050.40.66-0.680.89-0.08-0.86-0.5-0.190.050.38-0.12-0.290.750.8
0.480.960.880.7-0.530.090.85-0.270.32-0.150.580.54-0.350.37-0.060.970.420.6-0.190.07-0.10.890.0-0.52-0.53
0.670.150.070.130.580.06-0.250.32-0.060.660.240.080.590.20.070.030.220.250.050.070.130.210.060.04-0.01
-0.17-0.05-0.340.07-0.06-0.04-0.26-0.34-0.070.4-0.3-0.130.3-0.210.39-0.15-0.37-0.170.38-0.10.13-0.17-0.050.310.36
0.610.910.870.46-0.33-0.170.8-0.210.0-0.060.660.55-0.110.250.070.940.440.63-0.120.890.21-0.17-0.21-0.4-0.43
0.36-0.03-0.020.440.340.97-0.190.50.71-0.150.43-0.11-0.190.52-0.54-0.150.060.16-0.290.00.06-0.05-0.21-0.42-0.44
-0.29-0.4-0.64-0.70.28-0.44-0.53-0.52-0.560.53-0.4-0.010.6-0.90.77-0.4-0.73-0.610.75-0.520.040.31-0.4-0.420.98
-0.33-0.41-0.67-0.70.25-0.44-0.57-0.56-0.580.58-0.43-0.010.61-0.910.82-0.42-0.77-0.640.8-0.53-0.010.36-0.43-0.440.98
Click cells to compare fundamentals

Rave Restaurant Account Relationship Matchups

Rave Restaurant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7M13.3M18.5M14.2M15.8M13.5M
Short Long Term Debt Total6.3M4.2M1.9M1.4M957K909.2K
Other Current Liab1.2M505K1.2M427K513K487.4K
Total Current Liabilities2.5M4.5M2.9M2.2M2.0M3.8M
Total Stockholder Equity503K5.7M13.4M10.4M12.7M6.9M
Property Plant And Equipment Net3.9M2.5M2.0M1.5M999K949.1K
Net Debt3.3M(4.1M)(5.8M)(3.9M)(1.9M)(1.8M)
Retained Earnings(8.7M)(7.2M)826K2.4M4.9M7.4M
Accounts Payable446K644K669K502K359K341.1K
Cash3.0M8.3M7.7M5.3M2.9M2.2M
Non Current Assets Total4.8M3.0M8.5M7.4M6.3M7.0M
Non Currrent Assets Other685K259K224K220K276K262.2K
Cash And Short Term Investments3.0M8.3M7.7M5.3M7.8M8.2M
Net Receivables1.5M1.8M2.2M1.3M1.5M2.9M
Common Stock Shares Outstanding15.1M18.1M18.0M15.9M14.6M13.8M
Liabilities And Stockholders Equity9.7M13.3M18.5M14.2M15.8M13.5M
Non Current Liabilities Total6.7M3.1M2.2M1.6M1.1M1.0M
Inventory278K35K1.052K59K56.1K
Other Current Assets174K231K182K256K226K214.7K
Other Stockholder Equity9.0M12.7M12.3M7.7M7.5M7.9M
Total Liab9.2M7.6M5.1M3.8M3.1M3.0M
Total Current Assets4.9M10.4M10.1M6.8M9.5M6.5M
Intangible Assets155K183K232K328K252K239.4K
Property Plant And Equipment Gross3.9M2.5M2.0M1.5M2.5M4.1M
Other Liab1.0M1.2M793K690K793.5K1.1M
Other Assets685K259K6.2M5.6M6.4M6.7M
Property Plant Equipment3.9M2.5M2.0M1.5M1.3M1.3M
Current Deferred Revenue254K626K538K342K343K245.4K
Net Tangible Assets348K5.6M13.2M10.1M11.6M6.8M
Deferred Long Term Liab231K207K224K220K198K188.1K

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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 Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant'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 Rave Restaurant's future performance. For an informed investment choice regarding Rave 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 Rave Restaurant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Hotels, Restaurants & Leisure 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 Rave Restaurant. If investors know Rave 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 Rave Restaurant 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
0.322
Earnings Share
0.18
Revenue Per Share
0.832
Quarterly Revenue Growth
(0.01)
Return On Assets
0.1224
The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave Restaurant'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 Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave Restaurant'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 Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave Restaurant'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.