Aurora Retained Earnings vs Other Current Liab Analysis

ACB Stock

USD 4.55 0.01 0.22%

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

For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Cannabis Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Aurora Cannabis' Retained Earnings and Other Current Liab is -0.31. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Aurora Cannabis, assuming nothing else is changed. The correlation between historical values of Aurora Cannabis' Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Aurora Cannabis are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Aurora Cannabis' Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

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

For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.At present, Aurora Cannabis' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.78, whereas Selling General Administrative is forecasted to decline to about 74.7 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	93.7M	65.2M	33.1M	31.4M
Interest Income	4.5M	9.9M	12.8M	12.2M

Reconciled Depreciation Interest Income

Aurora Cannabis fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Other Current Assets	Property Plant And Equipment Gross	Short Term Investments	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Intangible Assets
Total Assets		0.83	0.89	1.0	0.78	-0.15	0.65	0.45	0.99	-0.24	0.63	0.92	0.0	0.03	0.97	0.72	0.88	0.97	0.71	0.82	0.5	0.55	0.95	0.55	0.82	0.98
Other Current Liab	0.83		0.86	0.81	0.46	-0.31	0.32	0.58	0.78	-0.05	0.74	0.9	0.35	-0.29	0.88	0.8	0.62	0.85	0.68	0.76	0.57	0.6	0.79	0.47	0.79	0.73
Total Current Liabilities	0.89	0.86		0.86	0.68	-0.38	0.67	0.51	0.85	-0.3	0.65	0.94	0.12	0.05	0.95	0.78	0.86	0.92	0.82	0.68	0.64	0.71	0.91	0.52	0.97	0.83
Total Stockholder Equity	1.0	0.81	0.86		0.8	-0.09	0.64	0.4	1.0	-0.24	0.59	0.9	-0.04	0.05	0.96	0.68	0.86	0.96	0.68	0.83	0.46	0.5	0.93	0.52	0.8	0.99
Net Debt	0.78	0.46	0.68	0.8		0.23	0.7	-0.14	0.85	-0.37	0.04	0.6	-0.4	0.47	0.69	0.21	0.71	0.84	0.41	0.73	0.11	0.13	0.7	0.1	0.71	0.83
Retained Earnings	-0.15	-0.31	-0.38	-0.09	0.23		-0.24	-0.68	-0.03	0.1	-0.6	-0.43	-0.52	0.33	-0.32	-0.67	-0.39	-0.09	-0.76	0.24	-0.92	-0.87	-0.3	-0.67	-0.34	-0.03
Accounts Payable	0.65	0.32	0.67	0.64	0.7	-0.24		0.25	0.65	-0.24	0.32	0.55	0.02	0.59	0.67	0.45	0.83	0.62	0.69	0.36	0.45	0.49	0.74	0.59	0.61	0.68
Cash	0.45	0.58	0.51	0.4	-0.14	-0.68	0.25		0.32	-0.1	0.97	0.62	0.63	-0.51	0.6	0.9	0.53	0.3	0.68	0.07	0.72	0.81	0.61	0.87	0.36	0.39
Non Current Assets Total	0.99	0.78	0.85	1.0	0.85	-0.03	0.65	0.32		-0.24	0.52	0.87	-0.12	0.11	0.93	0.61	0.85	0.97	0.64	0.85	0.4	0.44	0.91	0.45	0.8	0.99
Non Currrent Assets Other	-0.24	-0.05	-0.3	-0.24	-0.37	0.1	-0.24	-0.1	-0.24		-0.06	-0.31	0.32	0.07	-0.26	-0.15	-0.48	-0.22	-0.29	0.12	-0.17	-0.2	-0.36	-0.12	-0.4	-0.3
Cash And Short Term Investments	0.63	0.74	0.65	0.59	0.04	-0.6	0.32	0.97	0.52	-0.06		0.75	0.58	-0.45	0.75	0.95	0.63	0.5	0.73	0.31	0.71	0.8	0.73	0.86	0.5	0.56
Net Receivables	0.92	0.9	0.94	0.9	0.6	-0.43	0.55	0.62	0.87	-0.31	0.75		0.2	-0.19	0.96	0.88	0.86	0.9	0.84	0.67	0.71	0.78	0.92	0.62	0.88	0.85
Common Stock Shares Outstanding	0.0	0.35	0.12	-0.04	-0.4	-0.52	0.02	0.63	-0.12	0.32	0.58	0.2		-0.4	0.15	0.55	0.02	-0.05	0.37	-0.12	0.41	0.48	0.13	0.54	-0.06	-0.1
Other Stockholder Equity	0.03	-0.29	0.05	0.05	0.47	0.33	0.59	-0.51	0.11	0.07	-0.45	-0.19	-0.4		-0.04	-0.38	0.12	0.12	-0.07	0.15	-0.26	-0.29	0.01	-0.18	0.1	0.09
Total Liab	0.97	0.88	0.95	0.96	0.69	-0.32	0.67	0.6	0.93	-0.26	0.75	0.96	0.15	-0.04		0.84	0.91	0.94	0.82	0.73	0.63	0.7	0.98	0.66	0.87	0.93
Total Current Assets	0.72	0.8	0.78	0.68	0.21	-0.67	0.45	0.9	0.61	-0.15	0.95	0.88	0.55	-0.38	0.84		0.75	0.63	0.86	0.38	0.82	0.91	0.82	0.85	0.64	0.64
Property Plant And Equipment Net	0.88	0.62	0.86	0.86	0.71	-0.39	0.83	0.53	0.85	-0.48	0.63	0.86	0.02	0.12	0.91	0.75		0.81	0.86	0.48	0.66	0.72	0.95	0.72	0.81	0.88
Other Current Assets	0.97	0.85	0.92	0.96	0.84	-0.09	0.62	0.3	0.97	-0.22	0.5	0.9	-0.05	0.12	0.94	0.63	0.81		0.67	0.88	0.44	0.48	0.89	0.38	0.88	0.93
Property Plant And Equipment Gross	0.71	0.68	0.82	0.68	0.41	-0.76	0.69	0.68	0.64	-0.29	0.73	0.84	0.37	-0.07	0.82	0.86	0.86	0.67		0.3	0.93	0.92	0.82	0.81	0.76	0.63
Short Term Investments	0.82	0.76	0.68	0.83	0.73	0.24	0.36	0.07	0.85	0.12	0.31	0.67	-0.12	0.15	0.73	0.38	0.48	0.88	0.3		0.1	0.13	0.64	0.1	0.64	0.79
Common Stock Total Equity	0.5	0.57	0.64	0.46	0.11	-0.92	0.45	0.72	0.4	-0.17	0.71	0.71	0.41	-0.26	0.63	0.82	0.66	0.44	0.93	0.1		0.94	0.6	0.77	0.59	0.39
Common Stock	0.55	0.6	0.71	0.5	0.13	-0.87	0.49	0.81	0.44	-0.2	0.8	0.78	0.48	-0.29	0.7	0.91	0.72	0.48	0.92	0.13	0.94		0.69	0.81	0.62	0.46
Short Long Term Debt Total	0.95	0.79	0.91	0.93	0.7	-0.3	0.74	0.61	0.91	-0.36	0.73	0.92	0.13	0.01	0.98	0.82	0.95	0.89	0.82	0.64	0.6	0.69		0.7	0.83	0.94
Current Deferred Revenue	0.55	0.47	0.52	0.52	0.1	-0.67	0.59	0.87	0.45	-0.12	0.86	0.62	0.54	-0.18	0.66	0.85	0.72	0.38	0.81	0.1	0.77	0.81	0.7		0.37	0.52
Short Term Debt	0.82	0.79	0.97	0.8	0.71	-0.34	0.61	0.36	0.8	-0.4	0.5	0.88	-0.06	0.1	0.87	0.64	0.81	0.88	0.76	0.64	0.59	0.62	0.83	0.37		0.76
Intangible Assets	0.98	0.73	0.83	0.99	0.83	-0.03	0.68	0.39	0.99	-0.3	0.56	0.85	-0.1	0.09	0.93	0.64	0.88	0.93	0.63	0.79	0.39	0.46	0.94	0.52	0.76

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Aurora Cannabis Account Relationship Matchups

Aurora Cannabis fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.6B	1.1B	926.3M	838.7M	978.8M
Other Current Liab	21.1M	40.0M	79.5M	49.0M	21.0M	39.4M
Total Current Liabilities	272.8M	116.4M	145.2M	242.3M	124.6M	88.8M
Total Stockholder Equity	2.2B	2.0B	661.8M	486.1M	559.8M	738.2M
Net Debt	369.1M	(21.9M)	(168.3M)	(73.3M)	(8.6M)	(8.2M)
Retained Earnings	(3.6B)	(4.3B)	(6.0B)	(6.3B)	(6.4B)	(6.0B)
Accounts Payable	95.6M	13.3M	13.9M	21.9M	20.3M	16.1M
Cash	162.2M	421.5M	437.8M	300.8M	113.4M	113.9M
Non Current Assets Total	2.4B	1.9B	339.2M	446.4M	412.1M	744.6M
Non Currrent Assets Other	(91.5M)	(42.5M)	33.9M	14.1M	12.0M	12.6M
Cash And Short Term Investments	169.2M	425.2M	439.1M	300.8M	117.5M	128.4M
Net Receivables	54.1M	56.5M	47.1M	41.3M	45.4M	23.2M
Common Stock Shares Outstanding	9.7M	16.9M	214.9M	32.3M	47.4M	25.1M
Liabilities And Stockholders Equity	2.8B	2.6B	1.1B	926.3M	838.7M	978.8M
Other Stockholder Equity	73.8M	(65.5M)	(54.5M)	(1.0)	(0.9)	(0.85)
Total Liab	657.2M	567.0M	422.0M	409.2M	236.8M	237.1M
Total Current Assets	420.7M	665.9M	745.1M	479.9M	426.6M	234.2M
Accumulated Other Comprehensive Income	(41.8M)	(65.5M)	(54.5M)	(58.3M)	(43.7M)	(41.5M)
Property Plant And Equipment Net	946.4M	606.1M	233.5M	323.0M	294.3M	225.4M
Other Current Assets	22.1M	11.2M	6.5M	8.9M	9.4M	8.2M
Property Plant And Equipment Gross	946.4M	606.1M	709.4M	562.0M	646.3M	678.6M
Short Term Investments	7.1M	3.8M	1.3M	4.0M	4.6M	4.4M
Common Stock Total Equity	1.5B	4.7B	5.8B	6.4B	7.4B	7.8B
Common Stock	5.8B	6.4B	6.8B	6.8B	7.0B	3.6B
Short Long Term Debt Total	531.2M	399.6M	269.5M	227.5M	104.8M	99.6M
Current Deferred Revenue	3.5M	4.2M	3.9M	1.7M	1.7M	2.0M
Short Term Debt	152.6M	40.9M	33.0M	147.6M	57.2M	69.6M
Intangible Assets	412.3M	367.4M	70.7M	61.4M	40.9M	38.8M
Other Liab	280.3M	5.8M	92.0M	40.3M	46.3M	67.7M
Net Tangible Assets	506.6M	792.0M	774.7M	588.0M	676.2M	467.5M
Other Assets	93.3M	57.8M	77.3M	33.9M	38.9M	53.7M
Long Term Debt	294.9M	293.2M	199.7M	4.9M	5.6M	5.4M
Good Will	3.2B	928.4M	887.7M	18.7M	43.2M	41.0M
Non Current Liabilities Total	384.4M	450.7M	276.8M	166.9M	112.2M	106.6M
Capital Lease Obligations	90.3M	71.6M	43.0M	47.5M	54.7M	30.9M
Inventory	157.3M	137.7M	139.9M	128.8M	186.4M	107.2M
Long Term Investments	118.8M	18.1M	289K	1.2M	1.1M	1.0M
Short Long Term Debt	152.6M	34.7M	26.9M	52.4M	47.1M	44.8M
Non Current Liabilities Other	37K	104K	128K	46.1M	53.0M	55.7M

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When determining whether Aurora Cannabis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurora Cannabis' 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 Aurora Cannabis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurora Cannabis Stock:

How To Invest In Aurora

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Is Aurora Stock a good investment?

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What is Aurora Cannabis' Net Worth?

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Largest Pharmaceuticals Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. 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.

For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Pharmaceuticals 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 Aurora Cannabis. If investors know Aurora 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 Aurora Cannabis 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

(0.92)

Earnings Share

(0.46)

Revenue Per Share

0.033

Quarterly Revenue Growth

0.285

Return On Assets

(0.01)

The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' 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 Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' 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 Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' 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.

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Aurora Retained Earnings vs Other Current Liab Analysis

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

Correlation Coefficient

Retained Earnings

Other Current Liab

Aurora Cannabis fundamental ratios Correlations

Aurora Cannabis Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aurora Cannabis fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Non Current Assets Total
Intangible Assets	+ 0.98	Total Assets

Common Stock Total Equity	- 0.92	Retained Earnings
Common Stock	- 0.87	Retained Earnings
Property Plant And Equipment Gross	- 0.76	Retained Earnings
Cash	- 0.68	Retained Earnings
Current Deferred Revenue	- 0.67	Retained Earnings
Total Current Assets	- 0.67	Retained Earnings