Arrowhead Depreciation And Amortization vs Selling General Administrative Analysis

0HI3 Stock   26.30  4.45  20.37%   
Arrowhead Pharmaceuticals financial indicator trend analysis is way more than just evaluating Arrowhead Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrowhead Pharmaceuticals is a good investment. Please check the relationship between Arrowhead Pharmaceuticals Depreciation And Amortization and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrowhead Pharmaceuticals Corp. 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.
For more information on how to buy Arrowhead Stock please use our How to Invest in Arrowhead Pharmaceuticals guide.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrowhead Pharmaceuticals Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Arrowhead Pharmaceuticals' Depreciation And Amortization and Selling General Administrative is 0.86. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Arrowhead Pharmaceuticals Corp, assuming nothing else is changed. The correlation between historical values of Arrowhead Pharmaceuticals' Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Arrowhead Pharmaceuticals Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Arrowhead Pharmaceuticals' Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Arrowhead Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals Corp. 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.
For more information on how to buy Arrowhead Stock please use our How to Invest in Arrowhead Pharmaceuticals guide.Selling General Administrative is likely to drop to about 79.1 M in 2024. Tax Provision is likely to drop to 1,710 in 2024
 2021 2022 2023 2024 (projected)
Gross Profit232.8M240.7M276.8M290.7M
Total Revenue243.2M240.7M276.8M290.7M

Arrowhead Pharmaceuticals fundamental ratios Correlations

0.90.870.910.780.870.04-0.920.790.660.990.250.990.40.87-0.730.850.970.920.990.810.260.360.870.50.97
0.90.870.760.50.990.38-0.880.90.380.910.230.870.10.72-0.920.870.90.950.870.860.240.020.940.440.95
0.870.870.690.450.810.27-0.870.610.390.890.640.850.180.74-0.880.980.880.950.850.650.650.280.960.420.92
0.910.760.690.750.74-0.16-0.810.720.740.90.10.910.590.82-0.550.690.860.820.910.850.110.560.720.440.81
0.780.50.450.750.49-0.4-0.630.540.80.72-0.150.810.470.78-0.190.390.750.480.810.53-0.140.390.380.450.66
0.870.990.810.740.490.42-0.860.940.330.890.120.830.080.7-0.90.810.880.910.840.830.13-0.070.90.450.93
0.040.380.27-0.16-0.40.42-0.170.32-0.710.140.14-0.07-0.29-0.16-0.550.260.080.29-0.060.020.12-0.620.39-0.080.27
-0.92-0.88-0.87-0.81-0.63-0.86-0.17-0.78-0.51-0.91-0.28-0.9-0.26-0.910.8-0.86-0.96-0.9-0.9-0.75-0.3-0.23-0.87-0.58-0.93
0.790.90.610.720.540.940.32-0.780.360.79-0.170.760.070.66-0.740.630.80.760.770.81-0.16-0.170.730.460.83
0.660.380.390.740.80.33-0.71-0.510.360.560.050.730.390.71-0.140.410.610.440.730.610.060.630.330.430.46
0.990.910.890.90.720.890.14-0.910.790.560.270.960.430.83-0.770.860.960.940.970.780.280.330.90.460.98
0.250.230.640.1-0.150.120.14-0.28-0.170.050.270.250.00.2-0.470.640.260.460.230.071.00.410.530.040.3
0.990.870.850.910.810.83-0.07-0.90.760.730.960.250.360.9-0.70.830.970.891.00.820.260.380.840.520.94
0.40.10.180.590.470.08-0.29-0.260.070.390.430.00.360.270.070.110.290.280.370.150.010.70.180.120.27
0.870.720.740.820.780.7-0.16-0.910.660.710.830.20.90.27-0.550.730.940.750.890.710.210.380.680.640.82
-0.73-0.92-0.88-0.55-0.19-0.9-0.550.8-0.74-0.14-0.77-0.47-0.70.07-0.55-0.9-0.75-0.91-0.69-0.7-0.480.07-0.95-0.31-0.84
0.850.870.980.690.390.810.26-0.860.630.410.860.640.830.110.73-0.90.860.950.830.710.650.270.960.410.89
0.970.90.880.860.750.880.08-0.960.80.610.960.260.970.290.94-0.750.860.910.970.780.270.280.870.590.97
0.920.950.950.820.480.910.29-0.90.760.440.940.460.890.280.75-0.910.950.910.890.80.460.270.990.420.95
0.990.870.850.910.810.84-0.06-0.90.770.730.970.231.00.370.89-0.690.830.970.890.820.240.380.830.520.94
0.810.860.650.850.530.830.02-0.750.810.610.780.070.820.150.71-0.70.710.780.80.820.080.260.740.390.76
0.260.240.650.11-0.140.130.12-0.3-0.160.060.281.00.260.010.21-0.480.650.270.460.240.080.420.530.030.31
0.360.020.280.560.39-0.07-0.62-0.23-0.170.630.330.410.380.70.380.070.270.280.270.380.260.420.180.060.18
0.870.940.960.720.380.90.39-0.870.730.330.90.530.840.180.68-0.950.960.870.990.830.740.530.180.390.93
0.50.440.420.440.450.45-0.08-0.580.460.430.460.040.520.120.64-0.310.410.590.420.520.390.030.060.390.47
0.970.950.920.810.660.930.27-0.930.830.460.980.30.940.270.82-0.840.890.970.950.940.760.310.180.930.47
Click cells to compare fundamentals

Arrowhead Pharmaceuticals Account Relationship Matchups

Arrowhead Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets522.5M710.1M691.9M765.6M880.4M924.4M
Other Current Liab32.8M33.3M100.4M58.2M66.9M70.2M
Total Current Liabilities40.7M146.5M74.1M105.5M121.3M127.3M
Total Stockholder Equity461.8M408.8M106.0M271.3M312.0M327.6M
Property Plant And Equipment Net47.0M66.0M168.6M335.6M385.9M405.2M
Net Debt(122.4M)(158.9M)(26.4M)4.3M3.9M4.0M
Retained Earnings(503.8M)(644.7M)(820.8M)(1.0B)(923.4M)(877.3M)
Accounts Payable6.8M9.5M2.9M35.9M41.2M43.3M
Cash143.6M184.4M108.0M110.9M127.5M133.9M
Non Current Assets Total200.1M325.6M315.5M346.0M397.9M417.8M
Non Currrent Assets Other265.4K272K29.1M210K241.5K229.4K
Cash And Short Term Investments315.5M367.8M376.4M403.6M464.2M487.4M
Net Receivables661.4K845.7K10.3M1.4M1.6M970.9K
Common Stock Shares Outstanding100.7M103.7M105.4M106.8M122.8M128.9M
Liabilities And Stockholders Equity522.5M710.1M691.9M765.6M880.4M924.4M
Inventory3.3M4.3M4.4M(21.6M)(19.5M)(18.5M)
Other Current Assets6.0M6.6M27.5M15.9M18.3M19.2M
Other Stockholder Equity965.4M1.1B1.2B1.3B1.5B1.6B
Total Liab60.7M301.3M586.0M478.4M550.1M577.7M
Total Current Assets322.4M384.6M376.4M419.5M482.4M506.6M
Accumulated Other Comprehensive Income18.4K(69K)(136K)(3.2M)(2.9M)(2.8M)
Short Term Debt1.1M4.5M5.6M10.6M12.1M12.8M
Common Stock194.7K197K106.0M200K230K218.5K
Current Deferred Revenue19.3M111.1M74.1M866K995.9K946.1K
Non Current Liabilities Total20.0M154.8M511.9M372.9M428.9M450.3M
Short Term Investments171.9M183.4M268.4M292.7M336.6M353.5M
Intangible Assets15.4M13.7M12.0M10.3M11.8M10.2M
Other Liab1.9M8.7M131.5M56.0M64.3M44.0M
Net Tangible Assets446.4M395.2M386.6M261.1M300.2M291.5M
Capital Surpluse582.9M664.1M965.4M1.1B1.2B831.6M
Property Plant Equipment47.0M66.0M168.6M335.6M385.9M405.2M

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