Arrow Net Income vs Change In Cash Analysis
001322 Stock | 8.50 0.08 0.95% |
Arrow Home financial indicator trend analysis is way more than just evaluating Arrow Home Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Home Group is a good investment. Please check the relationship between Arrow Home Net Income and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Home 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 nation.
Net Income vs Change In Cash
Net Income vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Home Group Net Income account and Change In Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Arrow Home's Net Income and Change In Cash is 0.75. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Arrow Home Group, assuming nothing else is changed. The correlation between historical values of Arrow Home's Net Income and Change In 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 Net Income of Arrow Home Group are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Arrow Home's Net Income and Change In Cash go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Arrow Home Group financial statement analysis. It represents the amount of money remaining after all of Arrow Home Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change In Cash
Most indicators from Arrow Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow Home 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Home 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 nation. The current year's Tax Provision is expected to grow to about 57.3 M. The current year's Selling General Administrative is expected to grow to about 934.1 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 34.1M | 31.8M | 36.1M | 32.4M | Interest Income | 15.6M | 17.7M | 30.2M | 19.6M |
Arrow Home fundamental ratios Correlations
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Arrow Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Other Information on Investing in Arrow Stock
Balance Sheet is a snapshot of the financial position of Arrow Home Group at a specified time, usually calculated after every quarter, six months, or one year. Arrow Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arrow Home and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Arrow currently owns. An asset can also be divided into two categories, current and non-current.