Arcticzymes Cash And Short Term Investments vs Other Current Liab Analysis

0DRV Stock

18.60 0.40 2.11%

Arcticzymes Technologies financial indicator trend analysis is way more than just evaluating Arcticzymes Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcticzymes Technologies is a good investment. Please check the relationship between Arcticzymes Technologies Cash And Short Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcticzymes Technologies ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcticzymes Technologies Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Arcticzymes Technologies' Cash And Short Term Investments and Other Current Liab is 0.92. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Arcticzymes Technologies ASA, assuming nothing else is changed. The correlation between historical values of Arcticzymes Technologies' Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Arcticzymes Technologies ASA are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Arcticzymes Technologies' Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Arcticzymes Technologies balance sheet. This account contains Arcticzymes Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Arcticzymes Technologies ASA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Liab

Most indicators from Arcticzymes Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcticzymes Technologies 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 Arcticzymes Technologies ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Arcticzymes Technologies' Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 15.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 33 M in 2025.

	2020	2021	2024	2025 (projected)
Gross Profit	92.3M	124.1M	142.7M	72.4M
Total Revenue	93.4M	128.0M	147.2M	88.0M

Gross Profit Total Revenue

Arcticzymes Technologies fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab
Total Assets		0.86	1.0	0.96	1.0	0.92	-0.42	1.0	0.82	1.0	0.78	0.87	0.72	-0.23	0.96	0.85	0.07	0.99	-0.79	0.89	0.86	-0.51	0.9
Total Current Liabilities	0.86		0.85	0.92	0.86	0.68	-0.08	0.87	0.57	0.87	0.49	0.98	0.92	-0.15	0.92	0.88	0.19	0.87	-0.66	0.87	0.9	-0.09	0.96
Total Stockholder Equity	1.0	0.85		0.95	1.0	0.94	-0.41	1.0	0.84	1.0	0.78	0.86	0.7	-0.27	0.95	0.83	0.07	0.99	-0.78	0.88	0.84	-0.51	0.9
Other Liab	0.96	0.92	0.95		0.95	0.81	-0.32	0.96	0.68	0.96	0.69	0.92	0.84	-0.04	1.0	0.94	0.09	0.96	-0.78	0.91	0.95	-0.37	0.93
Net Tangible Assets	1.0	0.86	1.0	0.95		0.93	-0.4	1.0	0.81	1.0	0.73	0.87	0.72	-0.27	0.95	0.83	0.14	1.0	-0.76	0.89	0.84	-0.5	0.89
Retained Earnings	0.92	0.68	0.94	0.81	0.93		-0.49	0.92	0.94	0.92	0.81	0.74	0.48	-0.39	0.81	0.7	0.01	0.91	-0.77	0.75	0.7	-0.6	0.76
Accounts Payable	-0.42	-0.08	-0.41	-0.32	-0.4	-0.49		-0.38	-0.44	-0.38	-0.61	-0.09	0.12	-0.18	-0.32	-0.33	0.54	-0.39	0.72	-0.44	-0.27	0.94	-0.1
Cash	1.0	0.87	1.0	0.96	1.0	0.92	-0.38		0.82	1.0	0.75	0.88	0.72	-0.28	0.96	0.83	0.1	1.0	-0.77	0.88	0.85	-0.48	0.92
Other Assets	0.82	0.57	0.84	0.68	0.81	0.94	-0.44	0.82		0.82	0.89	0.67	0.37	-0.37	0.68	0.63	-0.16	0.79	-0.71	0.66	0.63	-0.57	0.69
Cash And Short Term Investments	1.0	0.87	1.0	0.96	1.0	0.92	-0.38	1.0	0.82		0.75	0.88	0.72	-0.28	0.96	0.83	0.1	1.0	-0.77	0.88	0.85	-0.48	0.92
Net Receivables	0.78	0.49	0.78	0.69	0.73	0.81	-0.61	0.75	0.89	0.75		0.57	0.33	-0.02	0.69	0.7	-0.44	0.72	-0.79	0.69	0.67	-0.71	0.62
Capital Surpluse	0.87	0.98	0.86	0.92	0.87	0.74	-0.09	0.88	0.67	0.88	0.57		0.89	-0.15	0.92	0.91	0.14	0.87	-0.7	0.86	0.92	-0.11	0.96
Inventory	0.72	0.92	0.7	0.84	0.72	0.48	0.12	0.72	0.37	0.72	0.33	0.89		0.07	0.84	0.85	0.38	0.74	-0.43	0.82	0.88	0.08	0.83
Other Current Assets	-0.23	-0.15	-0.27	-0.04	-0.27	-0.39	-0.18	-0.28	-0.37	-0.28	-0.02	-0.15	0.07		-0.04	0.22	-0.32	-0.26	-0.08	0.08	0.18	-0.03	-0.26
Other Stockholder Equity	0.96	0.92	0.95	1.0	0.95	0.81	-0.32	0.96	0.68	0.96	0.69	0.92	0.84	-0.04		0.94	0.09	0.96	-0.78	0.91	0.95	-0.37	0.93
Total Liab	0.85	0.88	0.83	0.94	0.83	0.7	-0.33	0.83	0.63	0.83	0.7	0.91	0.85	0.22	0.94		-0.05	0.84	-0.81	0.93	1.0	-0.32	0.85
Deferred Long Term Liab	0.07	0.19	0.07	0.09	0.14	0.01	0.54	0.1	-0.16	0.1	-0.44	0.14	0.38	-0.32	0.09	-0.05		0.15	0.42	0.04	0.01	0.41	0.08
Total Current Assets	0.99	0.87	0.99	0.96	1.0	0.91	-0.39	1.0	0.79	1.0	0.72	0.87	0.74	-0.26	0.96	0.84	0.15		-0.76	0.89	0.85	-0.48	0.9
Intangible Assets	-0.79	-0.66	-0.78	-0.78	-0.76	-0.77	0.72	-0.77	-0.71	-0.77	-0.79	-0.7	-0.43	-0.08	-0.78	-0.81	0.42	-0.76		-0.76	-0.78	0.63	-0.68
Common Stock	0.89	0.87	0.88	0.91	0.89	0.75	-0.44	0.88	0.66	0.88	0.69	0.86	0.82	0.08	0.91	0.93	0.04	0.89	-0.76		0.92	-0.48	0.81
Property Plant Equipment	0.86	0.9	0.84	0.95	0.84	0.7	-0.27	0.85	0.63	0.85	0.67	0.92	0.88	0.18	0.95	1.0	0.01	0.85	-0.78	0.92		-0.27	0.87
Short Long Term Debt Total	-0.51	-0.09	-0.51	-0.37	-0.5	-0.6	0.94	-0.48	-0.57	-0.48	-0.71	-0.11	0.08	-0.03	-0.37	-0.32	0.41	-0.48	0.63	-0.48	-0.27		-0.15
Other Current Liab	0.9	0.96	0.9	0.93	0.89	0.76	-0.1	0.92	0.69	0.92	0.62	0.96	0.83	-0.26	0.93	0.85	0.08	0.9	-0.68	0.81	0.87	-0.15

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Arcticzymes Technologies Account Relationship Matchups

Arcticzymes Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	84.5M	77.6M	221.9M	284.1M	326.8M	343.1M
Total Current Liabilities	18.4M	16.0M	24.8M	24.0M	27.5M	21.5M
Total Stockholder Equity	51.6M	45.1M	194.4M	244.9M	281.6M	295.7M
Net Tangible Assets	45.1M	194.4M	244.8M	285.0M	327.7M	344.1M
Retained Earnings	(154.2M)	(5.0M)	(65.8M)	(27.2M)	(31.3M)	(32.9M)
Accounts Payable	4.0M	3.5M	5.8M	5.6M	5.0M	4.1M
Cash	31.7M	31.3M	140.2M	200.4M	230.5M	242.0M
Other Assets	673K	33.6M	22.3M	20.7M	23.8M	16.9M
Cash And Short Term Investments	31.7M	31.3M	140.2M	200.4M	230.5M	242.0M
Net Receivables	14.3M	30.2M	25.4M	18.0M	20.7M	21.4M
Inventory	5.3M	3.9M	6.9M	7.1M	8.1M	6.4M
Total Liab	32.9M	32.5M	27.5M	39.3M	45.2M	32.9M
Deferred Long Term Liab	674K	420K	1.8M	9.2M	8.3M	8.7M
Total Current Assets	58.6M	174.8M	233.4M	269.2M	309.6M	325.1M
Intangible Assets	7.6M	674K	420K	1.8M	1.6M	2.8M
Property Plant Equipment	18.3M	13.6M	28.4M	29.3M	33.7M	21.1M

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When running Arcticzymes Technologies' price analysis, check to measure Arcticzymes Technologies' 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 Arcticzymes Technologies is operating at the current time. Most of Arcticzymes Technologies' value examination focuses on studying past and present price action to predict the probability of Arcticzymes Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcticzymes Technologies' price. Additionally, you may evaluate how the addition of Arcticzymes Technologies to your portfolios can decrease your overall portfolio volatility.

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