Arcosa Depreciation vs Change To Inventory Analysis
ACA Stock | USD 108.34 2.51 2.37% |
Arcosa financial indicator trend analysis is way more than just evaluating Arcosa Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcosa Inc is a good investment. Please check the relationship between Arcosa Depreciation and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcosa Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Depreciation vs Change To Inventory
Depreciation vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcosa Inc Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Arcosa's Depreciation and Change To Inventory is -0.56. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Arcosa Inc, assuming nothing else is changed. The correlation between historical values of Arcosa's Depreciation and Change To Inventory 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 of Arcosa Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., Arcosa's Depreciation and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Arcosa Inc value has been used up. For tax purposes Arcosa can deduct the cost of the tangible assets it purchases as business expenses. However, Arcosa Inc 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.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Arcosa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcosa Inc 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 Arcosa Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of November 22, 2024, Tax Provision is expected to decline to about 36.6 M. In addition to that, Selling General Administrative is expected to decline to about 222.5 M
2021 | 2022 | 2024 (projected) | Interest Income | 24M | 34.3M | 4.5M | Tax Provision | 14M | 70.4M | 36.6M |
Arcosa fundamental ratios Correlations
Click cells to compare fundamentals
Arcosa Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arcosa fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 48.9M | 48.4M | 48.5M | 48.6M | 48.7M | 38.9M | |
Total Assets | 2.3B | 2.6B | 3.2B | 3.3B | 3.6B | 2.8B | |
Other Current Liab | 119.4M | 159.9M | 145.9M | 162.3M | 151.9M | 154.4M | |
Total Current Liabilities | 284M | 310.3M | 364M | 367.7M | 431.2M | 320.9M | |
Total Stockholder Equity | 1.8B | 1.9B | 2.0B | 2.2B | 2.3B | 2.0B | |
Other Liab | 106.7M | 196M | 206.1M | 222.7M | 256.1M | 135.4M | |
Net Tangible Assets | 1.1B | 885.3M | 798.1M | 969.8M | 872.8M | 757.2M | |
Property Plant And Equipment Net | 816.2M | 913.3M | 1.2B | 1.2B | 1.4B | 1.0B | |
Net Debt | (133.1M) | 158.7M | 606.6M | 390.2M | 463.9M | 487.1M | |
Accounts Payable | 90M | 144.1M | 184.7M | 190.7M | 272.5M | 147.6M | |
Cash | 240.4M | 95.8M | 72.9M | 160.4M | 104.8M | 109.2M | |
Non Current Assets Total | 1.5B | 2.0B | 2.4B | 2.5B | 2.7B | 2.0B | |
Non Currrent Assets Other | 92.9M | 46.2M | 49.9M | 58.2M | 24.7M | 23.5M | |
Other Assets | 39.9M | 61.6M | 63.1M | 69.6M | 62.6M | 58.9M | |
Long Term Debt | 100M | 248.2M | 664.7M | 535.9M | 561.9M | 315.0M | |
Cash And Short Term Investments | 240.4M | 95.8M | 72.9M | 160.4M | 104.8M | 109.2M | |
Net Receivables | 200M | 260.2M | 310.8M | 334.2M | 357.1M | 282.1M | |
Good Will | 621.9M | 794M | 934.9M | 958.5M | 990.7M | 808.3M | |
Long Term Debt Total | 103.6M | 248.2M | 664.7M | 535.9M | 616.3M | 647.1M | |
Liabilities And Stockholders Equity | 2.3B | 2.6B | 3.2B | 3.3B | 3.6B | 2.8B | |
Non Current Liabilities Total | 228.6M | 444.2M | 870.8M | 788.5M | 814.7M | 472.6M | |
Inventory | 283.3M | 276.8M | 324.5M | 315.8M | 401.8M | 325.2M | |
Other Current Assets | 33.5M | 32.1M | 59.7M | 46.4M | 48.3M | 36.1M | |
Other Stockholder Equity | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.8B | |
Total Liab | 512.6M | 754.5M | 1.2B | 1.2B | 1.2B | 793.5M | |
Property Plant And Equipment Gross | 816.2M | 913.3M | 1.2B | 1.2B | 2.3B | 1.1B | |
Total Current Assets | 757.2M | 664.9M | 767.9M | 856.8M | 912M | 752.7M | |
Accumulated Other Comprehensive Income | (19.7M) | (22.1M) | (19.3M) | (15.7M) | (16.2M) | (17.0M) | |
Non Current Liabilities Other | 58.1M | 83.3M | 72.1M | 77M | 73.2M | 55.0M | |
Cash And Equivalents | 240.4M | 95.8M | 72.9M | 160.4M | 184.5M | 108.4M | |
Short Term Debt | 3.7M | 6.3M | 14.8M | 14.7M | 6.8M | 6.6M | |
Property Plant Equipment | 831.8M | 913.3M | 1.2B | 1.2B | 1.4B | 954.1M | |
Short Long Term Debt Total | 107.3M | 254.5M | 679.5M | 550.6M | 568.7M | 368.8M | |
Net Invested Capital | 1.9B | 2.1B | 2.6B | 2.7B | 2.9B | 2.5B | |
Short Long Term Debt | 3.7M | 6.3M | 14.8M | 14.7M | 6.8M | 7.6M | |
Net Working Capital | 473.2M | 354.6M | 403.9M | 489.1M | 480.8M | 454.0M | |
Retained Earnings | 122.9M | 219.7M | 279.5M | 515.5M | 664.9M | 334.0M | |
Retained Earnings Total Equity | 122.9M | 219.7M | 279.5M | 515.5M | 592.8M | 622.5M |
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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.When determining whether Arcosa Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Arcosa's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcosa Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcosa Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcosa Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arcosa. If investors know Arcosa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arcosa listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.53) | Dividend Share 0.2 | Earnings Share 2.64 | Revenue Per Share 51.177 | Quarterly Revenue Growth 0.082 |
The market value of Arcosa Inc is measured differently than its book value, which is the value of Arcosa that is recorded on the company's balance sheet. Investors also form their own opinion of Arcosa's value that differs from its market value or its book value, called intrinsic value, which is Arcosa's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arcosa's market value can be influenced by many factors that don't directly affect Arcosa's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arcosa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcosa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcosa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.