Rxsight Non Current Assets Total vs Cash Analysis

RXST Stock

USD 50.38 0.81 1.63%

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

For more information on how to buy Rxsight Stock please use our How to Invest in Rxsight guide.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rxsight Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Rxsight's Non Current Assets Total and Cash is -0.58. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Rxsight, assuming nothing else is changed. The correlation between historical values of Rxsight's Non Current Assets Total and Cash 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 Current Assets Total of Rxsight are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Rxsight's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Rxsight, which is listed under current asset account on Rxsight balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rxsight customers. The amounts must be unrestricted with restricted cash listed in a different Rxsight account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Rxsight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rxsight 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 Rxsight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Rxsight Stock please use our How to Invest in Rxsight guide.Enterprise Value is likely to gain to about 1.5 B in 2024, whereas Tax Provision is likely to drop slightly above 18.9 K in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.0M	4.0M	4.2M	4.4M
Interest Income	54K	1.5M	6.6M	6.9M

Depreciation And Amortization Interest Income

Rxsight fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.43	0.73	0.75	0.96	-0.79	0.96	-0.89	0.76	0.31	-0.81	0.46	0.72	-0.89	0.33	0.6	0.98	0.77	-0.95	0.62	0.98	-0.95	-0.78	0.71	0.99	0.91
Short Long Term Debt Total	0.43		0.4	0.31	0.45	-0.57	0.5	-0.37	0.19	0.98	-0.19	-0.36	0.73	-0.35	0.56	0.0	0.47	0.09	-0.39	-0.26	0.39	-0.46	0.11	0.23	0.52	0.37
Other Current Liab	0.73	0.4		0.99	0.84	-0.93	0.82	-0.91	0.93	0.4	-0.89	0.51	0.42	-0.91	0.57	0.67	0.59	0.89	-0.74	0.74	0.6	-0.86	-0.75	0.95	0.74	0.88
Total Current Liabilities	0.75	0.31	0.99		0.85	-0.88	0.84	-0.92	0.98	0.31	-0.91	0.64	0.34	-0.92	0.57	0.78	0.61	0.91	-0.79	0.8	0.64	-0.87	-0.83	0.99	0.75	0.9
Total Stockholder Equity	0.96	0.45	0.84	0.85		-0.88	1.0	-0.98	0.83	0.37	-0.92	0.47	0.68	-0.97	0.52	0.63	0.9	0.88	-0.97	0.66	0.91	-1.0	-0.8	0.81	0.96	0.99
Other Liab	-0.79	-0.57	-0.93	-0.88	-0.88		-0.86	0.9	-0.78	-0.5	0.84	-0.24	-0.7	0.91	-0.46	-0.42	-0.71	-0.83	0.74	-0.62	-0.68	0.89	0.61	-0.79	-0.81	-0.86
Net Tangible Assets	0.96	0.5	0.82	0.84	1.0	-0.86		-0.97	0.81	0.42	-0.9	0.45	0.69	-0.96	0.55	0.63	0.91	0.85	-0.98	0.61	0.91	-1.0	-0.77	0.8	0.97	0.98
Property Plant And Equipment Net	-0.89	-0.37	-0.91	-0.92	-0.98	0.9	-0.97		-0.88	-0.33	0.98	-0.53	-0.57	1.0	-0.58	-0.68	-0.8	-0.95	0.93	-0.73	-0.81	0.99	0.84	-0.89	-0.89	-1.0
Current Deferred Revenue	0.76	0.19	0.93	0.98	0.83	-0.78	0.81	-0.88		0.18	-0.88	0.78	0.23	-0.87	0.51	0.88	0.61	0.89	-0.8	0.84	0.66	-0.84	-0.9	0.99	0.74	0.88
Net Debt	0.31	0.98	0.4	0.31	0.37	-0.5	0.42	-0.33	0.18		-0.16	-0.33	0.59	-0.3	0.67	0.04	0.33	0.06	-0.32	-0.31	0.25	-0.39	0.16	0.25	0.41	0.32
Retained Earnings	-0.81	-0.19	-0.89	-0.91	-0.92	0.84	-0.9	0.98	-0.88	-0.16		-0.6	-0.42	0.98	-0.53	-0.69	-0.69	-0.99	0.88	-0.82	-0.72	0.93	0.88	-0.9	-0.79	-0.97
Accounts Payable	0.46	-0.36	0.51	0.64	0.47	-0.24	0.45	-0.53	0.78	-0.33	-0.6		-0.28	-0.51	0.24	0.93	0.32	0.64	-0.56	0.78	0.44	-0.48	-0.88	0.73	0.41	0.56
Cash	0.72	0.73	0.42	0.34	0.68	-0.7	0.69	-0.57	0.23	0.59	-0.42	-0.28		-0.58	0.16	-0.08	0.8	0.36	-0.58	0.09	0.71	-0.66	-0.17	0.21	0.76	0.56
Non Current Assets Total	-0.89	-0.35	-0.91	-0.92	-0.97	0.91	-0.96	1.0	-0.87	-0.3	0.98	-0.51	-0.58		-0.52	-0.64	-0.8	-0.96	0.92	-0.76	-0.8	0.98	0.84	-0.88	-0.88	-0.99
Non Currrent Assets Other	0.33	0.56	0.57	0.57	0.52	-0.46	0.55	-0.58	0.51	0.67	-0.53	0.24	0.16	-0.52		0.54	0.25	0.44	-0.56	0.07	0.25	-0.55	-0.29	0.61	0.4	0.58
Other Assets	0.6	0.0	0.67	0.78	0.63	-0.42	0.63	-0.68	0.88	0.04	-0.69	0.93	-0.08	-0.64	0.54		0.46	0.68	-0.72	0.67	0.56	-0.65	-0.85	0.86	0.58	0.71
Cash And Short Term Investments	0.98	0.47	0.59	0.61	0.9	-0.71	0.91	-0.8	0.61	0.33	-0.69	0.32	0.8	-0.8	0.25	0.46		0.64	-0.9	0.48	0.99	-0.88	-0.66	0.55	0.98	0.83
Net Receivables	0.77	0.09	0.89	0.91	0.88	-0.83	0.85	-0.95	0.89	0.06	-0.99	0.64	0.36	-0.96	0.44	0.68	0.64		-0.82	0.89	0.67	-0.89	-0.9	0.9	0.74	0.93
Common Stock Total Equity	-0.95	-0.39	-0.74	-0.79	-0.97	0.74	-0.98	0.93	-0.8	-0.32	0.88	-0.56	-0.58	0.92	-0.56	-0.72	-0.9	-0.82		-0.6	-0.92	0.97	0.82	-0.78	-0.95	-0.96
Common Stock Shares Outstanding	0.62	-0.26	0.74	0.8	0.66	-0.62	0.61	-0.73	0.84	-0.31	-0.82	0.78	0.09	-0.76	0.07	0.67	0.48	0.89	-0.6		0.54	-0.66	-0.92	0.8	0.55	0.72
Short Term Investments	0.98	0.39	0.6	0.64	0.91	-0.68	0.91	-0.81	0.66	0.25	-0.72	0.44	0.71	-0.8	0.25	0.56	0.99	0.67	-0.92	0.54		-0.89	-0.73	0.59	0.97	0.84
Non Current Liabilities Total	-0.95	-0.46	-0.86	-0.87	-1.0	0.89	-1.0	0.99	-0.84	-0.39	0.93	-0.48	-0.66	0.98	-0.55	-0.65	-0.88	-0.89	0.97	-0.66	-0.89		0.8	-0.84	-0.95	-0.99
Capital Lease Obligations	-0.78	0.11	-0.75	-0.83	-0.8	0.61	-0.77	0.84	-0.9	0.16	0.88	-0.88	-0.17	0.84	-0.29	-0.85	-0.66	-0.9	0.82	-0.92	-0.73	0.8		-0.86	-0.73	-0.85
Inventory	0.71	0.23	0.95	0.99	0.81	-0.79	0.8	-0.89	0.99	0.25	-0.9	0.73	0.21	-0.88	0.61	0.86	0.55	0.9	-0.78	0.8	0.59	-0.84	-0.86		0.7	0.88
Other Current Assets	0.99	0.52	0.74	0.75	0.96	-0.81	0.97	-0.89	0.74	0.41	-0.79	0.41	0.76	-0.88	0.4	0.58	0.98	0.74	-0.95	0.55	0.97	-0.95	-0.73	0.7		0.91
Other Stockholder Equity	0.91	0.37	0.88	0.9	0.99	-0.86	0.98	-1.0	0.88	0.32	-0.97	0.56	0.56	-0.99	0.58	0.71	0.83	0.93	-0.96	0.72	0.84	-0.99	-0.85	0.88	0.91

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Rxsight Non Current Assets Total vs Cash Analysis

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Cash

Rxsight fundamental ratios Correlations

Rxsight Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Inventory	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	- 1.0	Net Tangible Assets
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Other Stockholder Equity	- 0.99	Non Current Liabilities Total
Other Stockholder Equity	- 0.99	Non Current Assets Total
Net Receivables	- 0.99	Retained Earnings