Arrowhead Good Will vs Total Current Assets 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 Good Will and its Total Current Assets 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.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrowhead Pharmaceuticals Good Will account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Arrowhead Pharmaceuticals' Good Will and Total Current Assets is 0.52. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets 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' Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Arrowhead Pharmaceuticals Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Arrowhead Pharmaceuticals' Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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