Argen Net Income vs Net Borrowings Analysis

0QW0 Stock

605.60 8.60 1.44%

Argen X financial indicator trend analysis is way more than just evaluating Argen X prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argen X is a good investment. Please check the relationship between Argen X Net Income and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argen X. 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.

Net Income vs Net Borrowings

Net Income vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argen X Net Income account and Net Borrowings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Argen X's Net Income and Net Borrowings is 0.81. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Argen X, assuming nothing else is changed. The correlation between historical values of Argen X's Net Income and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Argen X are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Net Income i.e., Argen X's Net Income and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Argen X financial statement analysis. It represents the amount of money remaining after all of Argen X operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from Argen X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argen X 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 Argen X. 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.

Selling General Administrative is likely to gain to about 532.8 M in 2024, whereas Tax Provision is likely to drop slightly above 2.8 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	846.0M	1.1B	1.5B	1.6B
Cost Of Revenue	510.0M	29.4M	117.8M	131.5M

Total Operating Expenses Cost Of Revenue

Argen X fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Inventory	Intangible Assets	Other Liab	Net Tangible Assets	Property Plant Equipment
Total Assets		0.96	0.98	1.0	1.0	-0.97	-0.98	0.97	0.97	0.98	0.93	0.95	0.99	0.81	0.91	0.89	0.99	0.85	1.0	0.81	0.87	0.93	0.79	0.18	0.9	0.9
Other Current Liab	0.96		0.94	0.96	0.96	-0.9	-0.91	0.89	0.91	0.91	0.91	0.9	0.96	0.78	0.92	0.84	0.95	0.86	0.97	0.78	0.87	0.88	0.69	0.27	0.84	0.85
Total Current Liabilities	0.98	0.94		0.97	0.99	-0.97	-0.95	0.99	0.96	0.97	0.87	0.9	0.99	0.83	0.91	0.84	0.97	0.92	0.98	0.83	0.8	0.86	0.86	0.32	0.9	0.92
Total Stockholder Equity	1.0	0.96	0.97		0.99	-0.96	-0.98	0.96	0.97	0.98	0.94	0.96	0.98	0.79	0.89	0.91	1.0	0.81	1.0	0.79	0.9	0.95	0.77	0.11	0.89	0.88
Property Plant And Equipment Net	1.0	0.96	0.99	0.99		-0.96	-0.97	0.97	0.96	0.98	0.91	0.94	0.99	0.8	0.92	0.89	0.99	0.87	0.99	0.8	0.85	0.92	0.82	0.2	0.91	0.92
Net Debt	-0.97	-0.9	-0.97	-0.96	-0.96		0.93	-0.96	-1.0	-0.95	-0.92	-0.89	-0.97	-0.77	-0.81	-0.78	-0.96	-0.84	-0.97	-0.77	-0.82	-0.87	-0.77	-0.18	-0.85	-0.85
Retained Earnings	-0.98	-0.91	-0.95	-0.98	-0.97	0.93		-0.96	-0.93	-0.99	-0.91	-0.98	-0.96	-0.79	-0.88	-0.95	-0.98	-0.78	-0.97	-0.78	-0.89	-0.96	-0.82	-0.07	-0.93	-0.9
Accounts Payable	0.97	0.89	0.99	0.96	0.97	-0.96	-0.96		0.96	0.98	0.85	0.89	0.98	0.82	0.89	0.84	0.96	0.89	0.97	0.82	0.76	0.85	0.89	0.26	0.91	0.92
Cash	0.97	0.91	0.96	0.97	0.96	-1.0	-0.93	0.96		0.95	0.93	0.89	0.96	0.75	0.81	0.78	0.97	0.83	0.97	0.74	0.84	0.88	0.74	0.16	0.83	0.83
Non Current Assets Total	0.98	0.91	0.97	0.98	0.98	-0.95	-0.99	0.98	0.95		0.9	0.96	0.97	0.78	0.88	0.92	0.98	0.81	0.98	0.77	0.85	0.94	0.85	0.1	0.92	0.91
Non Currrent Assets Other	0.93	0.91	0.87	0.94	0.91	-0.92	-0.91	0.85	0.93	0.9		0.95	0.89	0.6	0.73	0.84	0.96	0.67	0.93	0.59	0.97	0.97	0.55	-0.05	0.75	0.72
Other Assets	0.95	0.9	0.9	0.96	0.94	-0.89	-0.98	0.89	0.89	0.96	0.95		0.91	0.69	0.82	0.97	0.97	0.68	0.94	0.68	0.95	0.99	0.7	-0.07	0.86	0.82
Cash And Short Term Investments	0.99	0.96	0.99	0.98	0.99	-0.97	-0.96	0.98	0.96	0.97	0.89	0.91		0.84	0.93	0.85	0.98	0.9	0.99	0.85	0.81	0.88	0.82	0.27	0.9	0.92
Common Stock Shares Outstanding	0.81	0.78	0.83	0.79	0.8	-0.77	-0.79	0.82	0.75	0.78	0.6	0.69	0.84		0.88	0.71	0.77	0.8	0.81	0.99	0.52	0.62	0.85	0.36	0.88	0.89
Short Term Investments	0.91	0.92	0.91	0.89	0.92	-0.81	-0.88	0.89	0.81	0.88	0.73	0.82	0.93	0.88		0.84	0.87	0.88	0.91	0.89	0.69	0.77	0.84	0.38	0.89	0.92
Other Current Assets	0.89	0.84	0.84	0.91	0.89	-0.78	-0.95	0.84	0.78	0.92	0.84	0.97	0.85	0.71	0.84		0.91	0.63	0.88	0.69	0.88	0.95	0.73	-0.08	0.87	0.82
Other Stockholder Equity	0.99	0.95	0.97	1.0	0.99	-0.96	-0.98	0.96	0.97	0.98	0.96	0.97	0.98	0.77	0.87	0.91		0.81	0.99	0.76	0.91	0.96	0.76	0.1	0.88	0.87
Total Liab	0.85	0.86	0.92	0.81	0.87	-0.84	-0.78	0.89	0.83	0.81	0.67	0.68	0.9	0.8	0.88	0.63	0.81		0.86	0.82	0.58	0.63	0.83	0.66	0.78	0.86
Total Current Assets	1.0	0.97	0.98	1.0	0.99	-0.97	-0.97	0.97	0.97	0.98	0.93	0.94	0.99	0.81	0.91	0.88	0.99	0.86		0.81	0.87	0.92	0.78	0.19	0.89	0.9
Common Stock	0.81	0.78	0.83	0.79	0.8	-0.77	-0.78	0.82	0.74	0.77	0.59	0.68	0.85	0.99	0.89	0.69	0.76	0.82	0.81		0.52	0.61	0.84	0.39	0.87	0.88
Net Receivables	0.87	0.87	0.8	0.9	0.85	-0.82	-0.89	0.76	0.84	0.85	0.97	0.95	0.81	0.52	0.69	0.88	0.91	0.58	0.87	0.52		0.97	0.47	-0.14	0.71	0.66
Inventory	0.93	0.88	0.86	0.95	0.92	-0.87	-0.96	0.85	0.88	0.94	0.97	0.99	0.88	0.62	0.77	0.95	0.96	0.63	0.92	0.61	0.97		0.62	-0.14	0.82	0.77
Intangible Assets	0.79	0.69	0.86	0.77	0.82	-0.77	-0.82	0.89	0.74	0.85	0.55	0.7	0.82	0.85	0.84	0.73	0.76	0.83	0.78	0.84	0.47	0.62		0.36	0.91	0.94
Other Liab	0.18	0.27	0.32	0.11	0.2	-0.18	-0.07	0.26	0.16	0.1	-0.05	-0.07	0.27	0.36	0.38	-0.08	0.1	0.66	0.19	0.39	-0.14	-0.14	0.36		0.16	0.3
Net Tangible Assets	0.9	0.84	0.9	0.89	0.91	-0.85	-0.93	0.91	0.83	0.92	0.75	0.86	0.9	0.88	0.89	0.87	0.88	0.78	0.89	0.87	0.71	0.82	0.91	0.16		0.99
Property Plant Equipment	0.9	0.85	0.92	0.88	0.92	-0.85	-0.9	0.92	0.83	0.91	0.72	0.82	0.92	0.89	0.92	0.82	0.87	0.86	0.9	0.88	0.66	0.77	0.94	0.3	0.99

Click cells to compare fundamentals

Argen X Account Relationship Matchups

Argen X fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.3B	2.9B	3.1B	4.5B	4.8B
Other Current Liab	111.8M	68.7M	84.6M	107.0M	168.5M	176.9M
Total Current Liabilities	179.7M	329.6M	301.2M	302.3M	423.0M	444.1M
Total Stockholder Equity	1.2B	1.7B	2.5B	2.8B	4.1B	4.3B
Property Plant And Equipment Net	9.2M	11.7M	15.8M	16.2M	22.7M	23.8M
Net Debt	(367.1M)	(1.2B)	(1.3B)	(788.3M)	(2.0B)	(1.9B)
Retained Earnings	(383.5M)	(1.1B)	(1.4B)	(2.1B)	(2.4B)	(2.3B)
Accounts Payable	65.6M	206.5M	208.9M	188.7M	245.6M	257.8M
Cash	372.2M	1.2B	1.3B	800.7M	2.0B	2.2B
Non Current Assets Total	67.5M	223.3M	307.3M	360.1M	418.7M	439.7M
Non Currrent Assets Other	10.3M	22.3M	34.4M	49.2M	126.5M	132.8M
Other Assets	9.2M	30.4M	58.5M	120.0M	138.0M	144.8M
Cash And Short Term Investments	1.5B	2.0B	2.3B	2.2B	3.2B	3.3B
Common Stock Shares Outstanding	38.6M	45.4M	51.1M	54.4M	57.2M	31.8M
Short Term Investments	1.1B	782.3M	1.0B	1.4B	1.1B	1.2B
Other Current Assets	16.6M	24.1M	64.5M	180.7M	134.1M	140.8M
Other Stockholder Equity	1.5B	2.7B	3.5B	4.3B	6.4B	6.7B
Total Liab	429.8M	607.4M	316.1M	320.6M	445.0M	467.2M
Total Current Assets	1.5B	2.1B	2.5B	2.8B	4.1B	4.3B
Common Stock	5.2M	5.9M	6.2M	6.6M	7.1M	4.2M
Net Receivables	25.4M	235.2K	32.7M	277.3M	499.3M	524.2M
Liabilities And Stockholders Equity	1.6B	2.3B	2.9B	3.1B	4.5B	4.8B
Accumulated Other Comprehensive Income	53.0M	200.7M	465.4M	607.0M	72.1M	68.5M
Intangible Assets	45.1M	168.0M	171.7M	174.9M	125.2M	75.3M
Other Liab	245.0M	270.7M	6.9M	9.3M	10.7M	10.1M
Net Tangible Assets	1.1B	1.5B	2.4B	2.6B	3.0B	1.6B
Property Plant Equipment	9.2M	11.6M	15.8M	16.2M	18.7M	10.0M

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Argen Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Argen Net Income vs Net Borrowings Analysis

Net Income vs Net Borrowings

Net Income vs Net Borrowings Correlation Analysis

Correlation Coefficient

Net Income

Net Borrowings

Argen X fundamental ratios Correlations

Argen X Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argen X fundamental ratios Accounts

Also Currently Popular

Additional Tools for Argen Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Other Assets	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Stockholder Equity
Retained Earnings	- 0.98	Total Assets