Argen Other Non Cash Items vs Depreciation Analysis

0QW0 Stock

600.80 3.80 0.64%

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 Other Non Cash Items and its Depreciation 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.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argen X Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Argen X's Other Non Cash Items and Depreciation is 0.18. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation 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 Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Argen X are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Argen X's Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

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Other Non Cash Items

Depreciation

Depreciation indicates how much of Argen X value has been used up. For tax purposes Argen X can deduct the cost of the tangible assets it purchases as business expenses. However, Argen X must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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

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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

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Argen Other Non Cash Items vs Depreciation Analysis

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Depreciation

Argen X fundamental ratios Correlations

Argen X Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argen X fundamental ratios Accounts

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Additional Tools for Argen Stock Analysis

COMMON DESTINATIONS

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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