Arrow Other Current Assets vs Net Working Capital 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 Other Current Assets and its Net Working 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 Working Capital
Other Current Assets vs Net Working 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 Working 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 Working Capital is 0.15. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Working 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 Working 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 Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Current Assets i.e., Arrow Home's Other Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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 Working Capital
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
Click cells to compare fundamentals
Arrow Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.