Argen Non Currrent Assets Other vs Other Stockholder Equity Analysis

0QW0 Stock   598.70  0.86  0.14%   
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 Non Currrent Assets Other and its Other Stockholder Equity 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.

Non Currrent Assets Other vs Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argen X Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
Non Currrent Assets OtherOther Stockholder EquityDiversified AwayNon Currrent Assets OtherOther Stockholder EquityDiversified Away100%
The correlation between Argen X's Non Currrent Assets Other and Other Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity 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 Non Currrent Assets Other and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Argen X are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Argen X's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Stockholder Equity

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 Expenses846.0M1.1B1.5B1.6B
Cost Of Revenue510.0M29.4M117.8M131.5M

Argen X fundamental ratios Correlations

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-0.98-0.91-0.95-0.98-0.970.93-0.96-0.93-0.99-0.91-0.98-0.96-0.79-0.88-0.95-0.98-0.78-0.97-0.78-0.89-0.96-0.82-0.07-0.93-0.9
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0.930.910.870.940.91-0.92-0.910.850.930.90.950.890.60.730.840.960.670.930.590.970.970.55-0.050.750.72
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0.850.860.920.810.87-0.84-0.780.890.830.810.670.680.90.80.880.630.810.860.820.580.630.830.660.780.86
1.00.970.981.00.99-0.97-0.970.970.970.980.930.940.990.810.910.880.990.860.810.870.920.780.190.890.9
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0.870.870.80.90.85-0.82-0.890.760.840.850.970.950.810.520.690.880.910.580.870.520.970.47-0.140.710.66
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0.790.690.860.770.82-0.77-0.820.890.740.850.550.70.820.850.840.730.760.830.780.840.470.620.360.910.94
0.180.270.320.110.2-0.18-0.070.260.160.1-0.05-0.070.270.360.38-0.080.10.660.190.39-0.14-0.140.360.160.3
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0.90.850.920.880.92-0.85-0.90.920.830.910.720.820.920.890.920.820.870.860.90.880.660.770.940.30.99
Click cells to compare fundamentals

Argen X Account Relationship Matchups

Argen X fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.3B2.9B3.1B4.5B4.8B
Other Current Liab111.8M68.7M84.6M107.0M168.5M176.9M
Total Current Liabilities179.7M329.6M301.2M302.3M423.0M444.1M
Total Stockholder Equity1.2B1.7B2.5B2.8B4.1B4.3B
Property Plant And Equipment Net9.2M11.7M15.8M16.2M22.7M23.8M
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 Payable65.6M206.5M208.9M188.7M245.6M257.8M
Cash372.2M1.2B1.3B800.7M2.0B2.2B
Non Current Assets Total67.5M223.3M307.3M360.1M418.7M439.7M
Non Currrent Assets Other10.3M22.3M34.4M49.2M126.5M132.8M
Other Assets9.2M30.4M58.5M120.0M138.0M144.8M
Cash And Short Term Investments1.5B2.0B2.3B2.2B3.2B3.3B
Common Stock Shares Outstanding38.6M45.4M51.1M54.4M57.2M31.8M
Short Term Investments1.1B782.3M1.0B1.4B1.1B1.2B
Other Current Assets16.6M24.1M64.5M180.7M134.1M140.8M
Other Stockholder Equity1.5B2.7B3.5B4.3B6.4B6.7B
Total Liab429.8M607.4M316.1M320.6M445.0M467.2M
Total Current Assets1.5B2.1B2.5B2.8B4.1B4.3B
Common Stock5.2M5.9M6.2M6.6M7.1M4.2M
Net Receivables25.4M235.2K32.7M277.3M499.3M524.2M
Liabilities And Stockholders Equity1.6B2.3B2.9B3.1B4.5B4.8B
Accumulated Other Comprehensive Income53.0M200.7M465.4M607.0M72.1M68.5M
Intangible Assets45.1M168.0M171.7M174.9M125.2M75.3M
Other Liab245.0M270.7M6.9M9.3M10.7M10.1M
Net Tangible Assets1.1B1.5B2.4B2.6B3.0B1.6B
Property Plant Equipment9.2M11.6M15.8M16.2M18.7M10.0M

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