Ruffer Accounts Payable vs Inventory Analysis

RICA Stock   300.50  1.50  0.50%   
Ruffer Investment financial indicator trend analysis is much more than just breaking down Ruffer Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ruffer Investment is a good investment. Please check the relationship between Ruffer Investment Accounts Payable and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ruffer Investment. 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.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ruffer Investment Accounts Payable account and Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ruffer Investment's Accounts Payable and Inventory is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Ruffer Investment, assuming nothing else is changed. The correlation between historical values of Ruffer Investment's Accounts Payable and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ruffer Investment are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Ruffer Investment's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Ruffer Investment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ruffer Investment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Inventory

Most indicators from Ruffer Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ruffer Investment 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 Ruffer Investment. 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.
Selling General Administrative is likely to drop to about 1.2 M in 2025. Tax Provision is likely to drop to about 666 K in 2025
 2022 2023 2024 2025 (projected)
Net Interest Income9.0M15.4M12.0M12.6M
Tax Provision619.7K643.7K1.2M666.0K

Ruffer Investment fundamental ratios Correlations

0.960.96-0.330.20.36-0.280.350.11-0.28-0.810.250.820.620.390.150.810.690.66-0.30.31-0.510.530.790.940.91
0.961.0-0.530.230.58-0.10.560.33-0.3-0.830.410.870.630.580.380.850.780.74-0.310.54-0.550.580.840.970.94
0.961.0-0.530.230.57-0.110.560.32-0.3-0.830.40.870.630.570.370.850.780.74-0.310.53-0.540.570.840.970.94
-0.33-0.53-0.530.06-0.98-0.67-0.99-0.640.290.3-0.58-0.3-0.08-0.67-0.67-0.26-0.34-0.45-0.14-0.960.46-0.5-0.26-0.4-0.35
0.20.230.230.06-0.03-0.28-0.030.290.49-0.110.060.340.240.290.220.290.430.360.150.060.31-0.150.320.330.32
0.360.580.57-0.98-0.030.61.00.64-0.32-0.370.60.420.210.70.70.390.430.550.090.98-0.510.550.380.460.42
-0.28-0.1-0.11-0.67-0.280.60.610.49-0.150.10.55-0.36-0.390.470.6-0.36-0.23-0.190.340.6-0.160.11-0.37-0.26-0.31
0.350.560.56-0.99-0.031.00.610.65-0.31-0.360.590.40.190.690.690.370.410.530.090.98-0.50.550.360.450.41
0.110.330.32-0.640.290.640.490.650.14-0.080.720.260.150.830.880.20.320.310.010.78-0.020.110.230.280.27
-0.28-0.3-0.30.290.49-0.32-0.15-0.310.140.37-0.18-0.28-0.36-0.17-0.07-0.31-0.17-0.320.07-0.230.64-0.55-0.29-0.29-0.25
-0.81-0.83-0.830.3-0.11-0.370.1-0.36-0.080.37-0.34-0.76-0.6-0.42-0.26-0.83-0.65-0.470.34-0.310.53-0.47-0.8-0.82-0.83
0.250.410.4-0.580.060.60.550.590.72-0.18-0.340.290.250.820.810.290.250.270.00.65-0.360.440.290.330.32
0.820.870.87-0.30.340.42-0.360.40.26-0.28-0.760.290.830.480.310.990.840.87-0.370.4-0.480.550.990.920.92
0.620.630.63-0.080.240.21-0.390.190.15-0.36-0.60.250.830.390.150.850.710.74-0.220.2-0.480.490.860.690.67
0.390.580.57-0.670.290.70.470.690.83-0.17-0.420.820.480.390.940.460.440.50.080.77-0.280.350.470.520.48
0.150.380.37-0.670.220.70.60.690.88-0.07-0.260.810.310.150.940.290.290.330.060.78-0.150.20.30.320.31
0.810.850.85-0.260.290.39-0.360.370.2-0.31-0.830.290.990.850.460.290.850.81-0.410.36-0.50.541.00.910.92
0.690.780.78-0.340.430.43-0.230.410.32-0.17-0.650.250.840.710.440.290.850.73-0.530.44-0.260.310.860.850.85
0.660.740.74-0.450.360.55-0.190.530.31-0.32-0.470.270.870.740.50.330.810.73-0.080.52-0.530.660.820.760.71
-0.3-0.31-0.31-0.140.150.090.340.090.010.070.340.0-0.37-0.220.080.06-0.41-0.53-0.080.070.050.03-0.42-0.39-0.46
0.310.540.53-0.960.060.980.60.980.78-0.23-0.310.650.40.20.770.780.360.440.520.07-0.390.460.370.450.42
-0.51-0.55-0.540.460.31-0.51-0.16-0.5-0.020.640.53-0.36-0.48-0.48-0.28-0.15-0.5-0.26-0.530.05-0.39-0.84-0.46-0.45-0.4
0.530.580.57-0.5-0.150.550.110.550.11-0.55-0.470.440.550.490.350.20.540.310.660.030.46-0.840.510.50.44
0.790.840.84-0.260.320.38-0.370.360.23-0.29-0.80.290.990.860.470.31.00.860.82-0.420.37-0.460.510.90.91
0.940.970.97-0.40.330.46-0.260.450.28-0.29-0.820.330.920.690.520.320.910.850.76-0.390.45-0.450.50.90.99
0.910.940.94-0.350.320.42-0.310.410.27-0.25-0.830.320.920.670.480.310.920.850.71-0.460.42-0.40.440.910.99
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Ruffer Investment Account Relationship Matchups

Ruffer Investment fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding187.1M250.3M361.1M377.9M302.2M188.7M
Total Assets578.9M975.0M1.1B1.0B893.9M563.3M
Total Stockholder Equity575.9M952.8M1.1B1.0B888.2M557.7M
Net Debt(55.8M)(91.9M)(50.5M)(18.8M)(16.9M)(17.8M)
Retained Earnings6.4M8.2M12.1M19.0M21.8M22.9M
Cash55.8M91.9M50.5M18.8M25.7M32.1M
Other Assets578.9M975.0M7.1K8.5K9.7K9.2K
Cash And Short Term Investments55.8M91.9M50.5M18.8M21.6M32.3M
Net Receivables4.7M29.7M2.0M3.5M4.0M6.0M
Liabilities And Stockholders Equity578.9M975.0M1.1B1.0B1.2B1.2B
Other Current Assets1.6M1.0M3.5M44.9K40.4K38.4K
Other Stockholder Equity(253.9M)(608.7M)(791.7M)(723.1M)(650.8M)(618.3M)
Total Liab3.0M22.2M1.5M7.3M5.7M5.6M
Accumulated Other Comprehensive Income315.5M336.0M288.2M277.6M319.3M225.5M
Common Stock253.9M608.7M791.7M723.1M831.6M873.1M
Other Current Liab2.4M1.8M1.3M7.1M8.2M8.6M
Total Current Liabilities3.0M22.2M1.5M7.3M8.4M4.5M
Accounts Payable595.6K20.4M179.2K248.5K5.3M3.2M
Non Current Assets Total516.8M852.4M1.0B1.0B1.2B1.2B
Non Currrent Assets Other(270.0K)(989.7K)(3.5M)(36.2K)(41.7K)(43.8K)
Non Current Liabilities Total2.4M775.0K218.8K(1.0)(1.15)(1.09)
Total Current Assets62.1M122.6M56.0M22.3M25.7M41.0M
Net Tangible Assets444.1M575.9M952.8M1.1B1.3B1.3B
Long Term Investments517.0M853.4M1.0B1.0B852.8M670.5M
Capital Stock253.9M608.7M791.7M723.1M569.6M521.7M

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