Richardson Property Plant And Equipment Net vs Non Currrent Assets Other Analysis
RELL Stock | USD 13.99 0.46 3.18% |
Richardson Electronics financial indicator trend analysis is much more than just breaking down Richardson Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richardson Electronics is a good investment. Please check the relationship between Richardson Electronics Property Plant And Equipment Net and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. 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 Richardson Stock please use our How to buy in Richardson Stock guide.
Property Plant And Equipment Net vs Non Currrent Assets Other
Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richardson Electronics Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Richardson Electronics' Property Plant And Equipment Net and Non Currrent Assets Other is 0.18. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Richardson Electronics, assuming nothing else is changed. The correlation between historical values of Richardson Electronics' Property Plant And Equipment Net and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Richardson Electronics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Net i.e., Richardson Electronics' Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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.Most indicators from Richardson Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richardson Electronics 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 Richardson Electronics. 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 Richardson Stock please use our How to buy in Richardson Stock guide.The value of Selling General Administrative is expected to slide to about 54.5 M. The value of Discontinued Operations is estimated to slide to about 878.3 K
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 80K | 47K | 42.3K | 40.2K | Depreciation And Amortization | 3.4M | 3.7M | 4.3M | 3.1M |
Richardson Electronics fundamental ratios Correlations
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Richardson Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Richardson Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 150.7M | 156.1M | 179.8M | 198.0M | 192.4M | 174.3M | |
Other Current Liab | 8.7M | 4.9M | 4.5M | 3.3M | 6.2M | 11.1M | |
Total Current Liabilities | 29.2M | 32.0M | 41.2M | 36.6M | 32.0M | 45.5M | |
Total Stockholder Equity | 118.7M | 121.6M | 135.8M | 159.3M | 158.0M | 122.9M | |
Property Plant And Equipment Net | 21.1M | 19.6M | 20.2M | 23.3M | 23.4M | 17.5M | |
Net Debt | (27.1M) | (40.9M) | (32.5M) | (22.5M) | (21.5M) | (20.4M) | |
Retained Earnings | 54.8M | 53.3M | 68.0M | 87.0M | 83.7M | 45.7M | |
Cash | 30.5M | 43.3M | 35.5M | 25.0M | 24.3M | 34.3M | |
Non Current Assets Total | 24.1M | 22.4M | 26.6M | 30.0M | 30.8M | 34.4M | |
Non Currrent Assets Other | 3.4M | 2.6M | 3.2M | 267K | 209K | 198.6K | |
Cash And Short Term Investments | 46.5M | 43.3M | 40.5M | 25.0M | 24.3M | 42.5M | |
Net Receivables | 20.2M | 25.1M | 29.9M | 30.1M | 24.8M | 39.8M | |
Common Stock Shares Outstanding | 12.9M | 13.1M | 13.7M | 14.4M | 14.3M | 15.2M | |
Liabilities And Stockholders Equity | 150.7M | 156.1M | 179.8M | 198.0M | 192.4M | 174.3M | |
Non Current Liabilities Total | 2.9M | 2.5M | 2.8M | 2.1M | 2.5M | 2.3M | |
Inventory | 57.5M | 63.5M | 80.4M | 110.4M | 110.1M | 61.3M | |
Other Current Assets | 2.4M | 4.8M | 2.4M | 2.6M | 2.4M | 2.3M | |
Other Stockholder Equity | 61.7M | 62.7M | 66.3M | 71.0M | 72.7M | 80.7M | |
Total Liab | 32.1M | 34.5M | 44.0M | 38.7M | 34.5M | 32.8M | |
Total Current Assets | 126.7M | 133.7M | 153.2M | 168.1M | 161.7M | 192.3M | |
Accounts Payable | 17.4M | 17.0M | 24.0M | 23.5M | 15.5M | 26.5M | |
Intangible Assets | 2.5M | 2.3M | 2.0M | 1.9M | 1.6M | 1.6M | |
Property Plant And Equipment Gross | 21.1M | 19.6M | 20.2M | 23.3M | 65.5M | 68.8M | |
Accumulated Other Comprehensive Income | 1.5M | 4.9M | 800K | 615K | 764K | 802.2K | |
Common Stock Total Equity | 652K | 657K | 663K | 685K | 616.5K | 615.6K | |
Common Stock | 657K | 663K | 685K | 710K | 715K | 611.7K | |
Other Assets | 456K | 541K | 4.4M | 4.8M | 1.0 | 0.95 | |
Property Plant Equipment | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 16.2M | |
Other Liab | 938K | 1.2M | 851K | 710K | 639K | 607.1K | |
Current Deferred Revenue | 1.7M | 3.3M | 5.0M | 3.3M | 4.5M | 3.4M | |
Retained Earnings Total Equity | 59.7M | 54.8M | 53.3M | 68.0M | 61.2M | 54.1M | |
Net Tangible Assets | 116.2M | 119.3M | 133.8M | 157.4M | 141.7M | 112.0M | |
Capital Surpluse | 61.0M | 61.7M | 62.7M | 66.3M | 59.7M | 50.7M | |
Non Current Liabilities Other | 777K | 922K | 766K | 612K | 781K | 742.0K |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. 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 Richardson Stock please use our How to buy in Richardson Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Electronic Equipment, Instruments & Components 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 Richardson Electronics. If investors know Richardson 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 Richardson Electronics 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 (0.52) | Dividend Share 0.24 | Earnings Share (0.04) | Revenue Per Share 13.846 | Quarterly Revenue Growth 0.022 |
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' 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 Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' 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 Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' 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.