Aurora Innovation Stock Market Capitalization

AUR Stock

USD 6.96 0.01 0.14%

Aurora Innovation fundamentals help investors to digest information that contributes to Aurora Innovation's financial success or failures. It also enables traders to predict the movement of Aurora Stock. The fundamental analysis module provides a way to measure Aurora Innovation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aurora Innovation stock.

		Last Reported	Projected for Next Year
	Market Cap	11.4 B	9.4 B

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Aurora Innovation Company Market Capitalization Analysis

Aurora Innovation's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

Shares Outstanding

X

Share Price

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Current Aurora Innovation Market Capitalization

11.98 B

Most of Aurora Innovation's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aurora Innovation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Aurora Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for Aurora Innovation is extremely important. It helps to project a fair market value of Aurora Stock properly, considering its historical fundamentals such as Market Capitalization. Since Aurora Innovation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aurora Innovation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aurora Innovation's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Good Will	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Invested Capital	Net Working Capital	Short Term Debt	Net Receivables	Capital Surpluse	Deferred Long Term Liab
Total Assets		0.97	0.94	-0.75	-0.73	0.86	0.9	0.25	0.32	0.99	0.93	0.06	0.77	0.93	0.99	0.99	0.9	-0.37	0.53	-0.37
Total Stockholder Equity	0.97		0.91	-0.72	-0.68	0.73	0.86	0.32	0.07	0.99	0.89	0.3	0.61	0.89	0.95	0.95	0.86	-0.32	0.49	-0.32
Net Tangible Assets	0.94	0.91		-0.52	-0.9	0.9	0.99	0.48	0.29	0.95	0.97	0.06	0.81	0.96	0.98	0.98	0.94	-0.57	0.69	-0.57
Net Debt	-0.75	-0.72	-0.52		0.13	-0.43	-0.43	0.42	-0.29	-0.69	-0.46	0.03	-0.41	-0.46	-0.67	-0.67	-0.52	0.03	0.0	0.03
Retained Earnings	-0.73	-0.68	-0.9	0.13		-0.87	-0.94	-0.72	-0.3	-0.76	-0.91	0.02	-0.8	-0.89	-0.81	-0.81	-0.78	0.59	-0.78	0.59
Accounts Payable	0.86	0.73	0.9	-0.43	-0.87		0.91	0.39	0.63	0.83	0.93	-0.3	0.98	0.93	0.9	0.9	0.85	-0.44	0.67	-0.44
Good Will	0.9	0.86	0.99	-0.43	-0.94	0.91		0.54	0.32	0.92	0.97	0.01	0.83	0.95	0.95	0.95	0.92	-0.61	0.74	-0.61
Short Term Investments	0.25	0.32	0.48	0.42	-0.72	0.39	0.54		-0.27	0.35	0.55	0.42	0.26	0.55	0.33	0.33	0.41	-0.34	0.64	-0.34
Total Liab	0.32	0.07	0.29	-0.29	-0.3	0.63	0.32	-0.27		0.21	0.31	-0.92	0.77	0.31	0.34	0.34	0.32	-0.17	0.18	-0.17
Total Current Assets	0.99	0.99	0.95	-0.69	-0.76	0.83	0.92	0.35	0.21		0.95	0.17	0.73	0.94	0.99	0.99	0.89	-0.39	0.58	-0.39
Intangible Assets	0.93	0.89	0.97	-0.46	-0.91	0.93	0.97	0.55	0.31	0.95		0.05	0.84	1.0	0.96	0.96	0.92	-0.41	0.68	-0.41
Common Stock	0.06	0.3	0.06	0.03	0.02	-0.3	0.01	0.42	-0.92	0.17	0.05		-0.5	0.06	0.03	0.03	0.0	0.06	0.06	0.06
Property Plant Equipment	0.77	0.61	0.81	-0.41	-0.8	0.98	0.83	0.26	0.77	0.73	0.84	-0.5		0.83	0.82	0.81	0.78	-0.43	0.6	-0.43
Current Deferred Revenue	0.93	0.89	0.96	-0.46	-0.89	0.93	0.95	0.55	0.31	0.94	1.0	0.06	0.83		0.95	0.95	0.9	-0.38	0.67	-0.38
Net Invested Capital	0.99	0.95	0.98	-0.67	-0.81	0.9	0.95	0.33	0.34	0.99	0.96	0.03	0.82	0.95		1.0	0.93	-0.44	0.59	-0.44
Net Working Capital	0.99	0.95	0.98	-0.67	-0.81	0.9	0.95	0.33	0.34	0.99	0.96	0.03	0.81	0.95	1.0		0.93	-0.47	0.61	-0.47
Short Term Debt	0.9	0.86	0.94	-0.52	-0.78	0.85	0.92	0.41	0.32	0.89	0.92	0.0	0.78	0.9	0.93	0.93		-0.42	0.52	-0.42
Net Receivables	-0.37	-0.32	-0.57	0.03	0.59	-0.44	-0.61	-0.34	-0.17	-0.39	-0.41	0.06	-0.43	-0.38	-0.44	-0.47	-0.42		-0.81	1.0
Capital Surpluse	0.53	0.49	0.69	0.0	-0.78	0.67	0.74	0.64	0.18	0.58	0.68	0.06	0.6	0.67	0.59	0.61	0.52	-0.81		-0.81
Deferred Long Term Liab	-0.37	-0.32	-0.57	0.03	0.59	-0.44	-0.61	-0.34	-0.17	-0.39	-0.41	0.06	-0.43	-0.38	-0.44	-0.47	-0.42	1.0	-0.81

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Aurora Market Capitalization Historical Pattern

Today, most investors in Aurora Innovation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aurora Innovation's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Aurora Innovation market capitalization as a starting point in their analysis.

Aurora Innovation Market Capitalization

Timeline

In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Competition

Predict Aurora Innovation

Market Cap Over Time

Aurora Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.0333

At this time, Aurora Innovation's Long Term Debt To Capitalization is relatively stable compared to the past year.

Based on the recorded statements, the market capitalization of Aurora Innovation is about 11.98 B. This is 32.05% lower than that of the Software sector and 17.67% lower than that of the Information Technology industry. The market capitalization for all United States stocks is 37.06% higher than that of the company.

Aurora Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aurora Innovation's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aurora Innovation could also be used in its relative valuation, which is a method of valuing Aurora Innovation by comparing valuation metrics of similar companies.

Aurora Innovation is currently under evaluation in market capitalization category among its peers.

Aurora Innovation ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Aurora Innovation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Aurora Innovation's managers, analysts, and investors.

Environmental

Governance

Social

Aurora Fundamentals

	Return On Equity	-0.36
	Return On Asset	-0.21
	Current Valuation	10.85 B
	Shares Outstanding	1.35 B
	Shares Owned By Insiders	25.12 %
	Shares Owned By Institutions	68.44 %
	Number Of Shares Shorted	65.35 M
	Price To Book	5.94 X
	Price To Sales	1,900 X
	Gross Profit	(675 M)
	EBITDA	(748 M)
	Net Income	(796 M)
	Cash And Equivalents	1.38 B
	Cash Per Share	1.20 X
	Total Debt	122 M
	Debt To Equity	0.06 %
	Current Ratio	21.03 X
	Book Value Per Share	1.18 X
	Cash Flow From Operations	(598 M)
	Short Ratio	5.67 X
	Earnings Per Share	(0.47) X
	Target Price	5.85
	Number Of Employees	1.8 K
	Beta	2.84
	Market Capitalization	11.98 B
	Total Asset	2.23 B
	Retained Earnings	(3.61 B)
	Working Capital	1.11 B
	Net Asset	2.23 B

About Aurora Innovation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aurora Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aurora Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aurora Innovation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Aurora Innovation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aurora Innovation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aurora Innovation will appreciate offsetting losses from the drop in the long position's value.

Moving against Aurora Stock

0.64	GLE	Global Engine Group Tech Boost	Pair Corr
0.58	PSN	Parsons Corp	Pair Corr
0.51	IT	Gartner	Pair Corr
0.5	FIS	Fidelity National	Pair Corr
0.49	JZ	Jianzhi Education	Pair Corr

The ability to find closely correlated positions to Aurora Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Innovation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aurora Innovation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aurora Innovation to buy it.

The correlation of Aurora Innovation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aurora Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Innovation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Aurora Innovation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Aurora Stock Analysis

When running Aurora Innovation's price analysis, check to measure Aurora Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.

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