Arrow Other Current Assets vs Net Invested Capital Analysis

001322 Stock   8.16  0.05  0.61%   
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 Other Current Assets and its Net Invested Capital 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.

Other Current Assets vs Net Invested Capital

Other Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Home Group Other Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Arrow Home's Other Current Assets and Net Invested Capital is 0.12. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested Capital 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 Other Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Arrow Home Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., Arrow Home's Other Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Expense34.1M31.8M36.1M32.4M
Interest Income15.6M17.7M30.2M19.6M

Arrow Home fundamental ratios Correlations

-0.71-0.710.77-0.64-0.67-0.630.74-0.72-0.70.34-0.58-0.65-0.84-0.590.6-0.610.32-0.76-0.63-0.680.6-0.71-0.84-0.590.94
-0.710.66-0.590.981.00.99-0.460.991.0-0.290.980.990.930.98-0.980.880.150.870.991.0-0.750.990.930.94-0.59
-0.710.66-0.190.610.660.65-0.30.640.690.180.550.590.570.55-0.60.42-0.340.670.60.68-0.50.590.570.41-0.46
0.77-0.59-0.19-0.59-0.56-0.520.91-0.66-0.570.82-0.51-0.55-0.84-0.520.48-0.530.21-0.47-0.59-0.560.34-0.63-0.84-0.70.85
-0.640.980.61-0.590.990.99-0.510.990.99-0.390.960.970.920.96-0.960.80.080.761.00.99-0.620.950.920.97-0.5
-0.671.00.66-0.560.991.0-0.450.991.0-0.30.980.990.910.98-0.980.850.130.830.991.0-0.710.980.910.94-0.54
-0.630.990.65-0.520.991.0-0.410.981.0-0.270.980.990.890.99-0.980.850.160.820.991.0-0.70.970.890.94-0.49
0.74-0.46-0.30.91-0.51-0.45-0.41-0.57-0.460.84-0.33-0.38-0.75-0.340.3-0.230.59-0.25-0.49-0.460.04-0.44-0.75-0.570.71
-0.720.990.64-0.660.990.990.98-0.570.99-0.420.960.970.960.96-0.950.820.040.80.990.99-0.660.970.960.96-0.6
-0.71.00.69-0.570.991.01.0-0.460.99-0.290.970.990.920.98-0.980.850.110.850.991.0-0.720.980.920.93-0.57
0.34-0.290.180.82-0.39-0.3-0.270.84-0.42-0.29-0.25-0.26-0.57-0.250.18-0.130.310.03-0.38-0.29-0.16-0.3-0.57-0.560.41
-0.580.980.55-0.510.960.980.98-0.330.960.97-0.251.00.861.0-1.00.920.320.850.970.97-0.780.980.860.94-0.5
-0.650.990.59-0.550.970.990.99-0.380.970.99-0.261.00.91.0-1.00.920.270.870.980.98-0.790.990.90.94-0.56
-0.840.930.57-0.840.920.910.89-0.750.960.92-0.570.860.90.87-0.850.78-0.080.770.920.92-0.610.921.00.93-0.78
-0.590.980.55-0.520.960.980.99-0.340.960.98-0.251.01.00.87-1.00.920.310.850.980.98-0.780.980.870.94-0.51
0.6-0.98-0.60.48-0.96-0.98-0.980.3-0.95-0.980.18-1.0-1.0-0.85-1.0-0.92-0.31-0.88-0.97-0.980.81-0.98-0.85-0.910.51
-0.610.880.42-0.530.80.850.85-0.230.820.85-0.130.920.920.780.92-0.920.510.940.820.84-0.940.940.780.8-0.64
0.320.15-0.340.210.080.130.160.590.040.110.310.320.27-0.080.31-0.310.510.30.120.1-0.530.25-0.080.150.15
-0.760.870.67-0.470.760.830.82-0.250.80.850.030.850.870.770.85-0.880.940.30.770.83-0.960.90.770.68-0.73
-0.630.990.6-0.591.00.990.99-0.490.990.99-0.380.970.980.920.98-0.970.820.120.770.99-0.650.960.920.97-0.51
-0.681.00.68-0.560.991.01.0-0.460.991.0-0.290.970.980.920.98-0.980.840.10.830.99-0.70.970.920.94-0.55
0.6-0.75-0.50.34-0.62-0.71-0.70.04-0.66-0.72-0.16-0.78-0.79-0.61-0.780.81-0.94-0.53-0.96-0.65-0.7-0.82-0.61-0.570.63
-0.710.990.59-0.630.950.980.97-0.440.970.98-0.30.980.990.920.98-0.980.940.250.90.960.97-0.820.920.93-0.65
-0.840.930.57-0.840.920.910.89-0.750.960.92-0.570.860.91.00.87-0.850.78-0.080.770.920.92-0.610.920.93-0.78
-0.590.940.41-0.70.970.940.94-0.570.960.93-0.560.940.940.930.94-0.910.80.150.680.970.94-0.570.930.93-0.52
0.94-0.59-0.460.85-0.5-0.54-0.490.71-0.6-0.570.41-0.5-0.56-0.78-0.510.51-0.640.15-0.73-0.51-0.550.63-0.65-0.78-0.52
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Arrow Home Account Relationship Matchups

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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.