Acrow Non Current Liabilities Total vs Other Assets Analysis

ACF Stock   1.05  0.03  2.78%   
Acrow financial indicator trend analysis is way more than just evaluating Acrow Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acrow Limited is a good investment. Please check the relationship between Acrow Non Current Liabilities Total and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acrow Limited. 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 Current Liabilities Total vs Other Assets

Non Current Liabilities Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acrow Limited Non Current Liabilities Total account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Acrow's Non Current Liabilities Total and Other Assets is -0.16. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Acrow Limited, assuming nothing else is changed. The correlation between historical values of Acrow's Non Current Liabilities Total and Other Assets 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 Current Liabilities Total of Acrow Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Liabilities Total i.e., Acrow's Non Current Liabilities Total and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Other Assets

Most indicators from Acrow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acrow Limited 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 Acrow Limited. 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.
Tax Provision is likely to gain to about 6.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 145 K in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue114.6M114.5M41.4M32.1M
Total Revenue140.8M149.8M193.1M202.8M

Acrow fundamental ratios Correlations

0.620.860.730.370.230.840.910.90.160.640.510.580.20.730.580.310.70.33-0.030.70.53-0.550.740.63-0.1
0.620.180.620.830.170.270.530.860.490.570.080.110.870.460.06-0.310.420.810.40.220.07-0.10.430.280.04
0.860.180.64-0.050.380.790.840.56-0.060.550.490.58-0.290.640.610.570.62-0.1-0.230.650.52-0.530.660.55-0.1
0.730.620.640.290.670.320.830.650.280.860.060.240.220.590.250.10.530.250.210.170.15-0.050.560.26-0.11
0.370.83-0.050.29-0.070.110.180.660.250.33-0.07-0.090.860.2-0.15-0.260.170.950.17-0.01-0.080.00.160.1-0.15
0.230.170.380.67-0.07-0.220.350.060.320.5-0.22-0.07-0.10.28-0.05-0.050.23-0.090.33-0.2-0.160.230.21-0.160.12
0.840.270.790.320.11-0.220.730.69-0.110.320.660.65-0.060.550.660.480.550.07-0.310.870.63-0.710.610.7-0.08
0.910.530.840.830.180.350.730.770.130.740.390.530.080.690.550.320.650.14-0.020.620.45-0.460.710.56-0.05
0.90.860.560.650.660.060.690.770.320.580.410.450.580.650.420.020.620.620.150.590.42-0.440.650.56-0.07
0.160.49-0.060.280.250.32-0.110.130.320.18-0.22-0.20.430.01-0.22-0.85-0.020.20.95-0.09-0.250.21-0.02-0.20.14
0.640.570.550.860.330.50.320.740.580.180.090.20.210.510.210.120.430.290.140.160.1-0.210.510.26-0.29
0.510.080.490.06-0.07-0.220.660.390.41-0.220.090.97-0.060.80.950.510.830.12-0.210.840.97-0.910.830.930.08
0.580.110.580.24-0.09-0.070.650.530.45-0.20.20.97-0.10.871.00.550.90.09-0.190.820.99-0.890.90.940.05
0.20.87-0.290.220.86-0.1-0.060.080.580.430.21-0.06-0.10.19-0.17-0.50.170.890.43-0.04-0.090.070.150.10.09
0.730.460.640.590.20.280.550.690.650.010.510.80.870.190.860.41.00.370.020.670.83-0.720.990.890.06
0.580.060.610.25-0.15-0.050.660.550.42-0.220.210.951.0-0.170.860.580.880.02-0.220.820.98-0.880.890.930.04
0.31-0.310.570.1-0.26-0.050.480.320.02-0.850.120.510.55-0.50.40.580.42-0.2-0.870.440.55-0.50.430.52-0.14
0.70.420.620.530.170.230.550.650.62-0.020.430.830.90.171.00.880.420.350.00.680.87-0.730.990.90.08
0.330.81-0.10.250.95-0.090.070.140.620.20.290.120.090.890.370.02-0.20.350.20.050.12-0.140.320.29-0.1
-0.030.4-0.230.210.170.33-0.31-0.020.150.950.14-0.21-0.190.430.02-0.22-0.870.00.2-0.22-0.230.24-0.02-0.20.16
0.70.220.650.17-0.01-0.20.870.620.59-0.090.160.840.82-0.040.670.820.440.680.05-0.220.79-0.850.730.830.28
0.530.070.520.15-0.08-0.160.630.450.42-0.250.10.970.99-0.090.830.980.550.870.12-0.230.79-0.870.860.940.02
-0.55-0.1-0.53-0.050.00.23-0.71-0.46-0.440.21-0.21-0.91-0.890.07-0.72-0.88-0.5-0.73-0.140.24-0.85-0.87-0.76-0.870.06
0.740.430.660.560.160.210.610.710.65-0.020.510.830.90.150.990.890.430.990.32-0.020.730.86-0.760.920.08
0.630.280.550.260.1-0.160.70.560.56-0.20.260.930.940.10.890.930.520.90.29-0.20.830.94-0.870.920.08
-0.10.04-0.1-0.11-0.150.12-0.08-0.05-0.070.14-0.290.080.050.090.060.04-0.140.08-0.10.160.280.020.060.080.08
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Acrow Account Relationship Matchups

Acrow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets148.2M159.0M184.9M218.5M312.4M375K
Total Current Liabilities34.2M48.0M54.5M53.7M64.0M122K
Total Stockholder Equity58.3M61.5M83.3M102.9M141.0M253K
Accounts Payable10.4M19.6M12.3M9.6M9.9M122K
Cash7.2M1.8M3.0M4.9M5.6M99K
Net Receivables17.3M25.4M34.5M40.2M53.9M10K
Other Current Assets2.2M3.7M5.1M2.9M4.2M92K
Total Liab89.9M97.5M101.6M115.6M171.5M122K
Common Stock45.7M46.7M58.3M61.8M89.5M400K
Property Plant Equipment108.4M111.8M120.0M151.7M172K163.4K
Long Term Debt15.8M14.4M15.8M29.4M33.8M35.5M
Short Long Term Debt Total56.0M54.4M61.1M75.2M106.7M112.0M
Other Current Liab13.4M13.7M15.4M14.5M21.3M14.9M
Property Plant And Equipment Net108.4M111.8M120.0M151.7M198.5M208.4M
Net Debt48.7M52.6M58.1M70.3M101.1M106.2M
Retained Earnings11.7M11.8M21.9M37.0M46.8M49.2M
Non Current Assets Total116.0M119.2M127.4M159.1M234.7M246.4M
Cash And Short Term Investments7.2M1.8M3.0M4.9M5.6M5.1M
Liabilities And Stockholders Equity148.2M159.0M184.9M218.5M312.4M328.1M
Non Current Liabilities Total55.7M49.5M47.0M61.9M107.5M112.8M
Property Plant And Equipment Gross108.4M135.1M150.2M189.3M217.7M228.5M
Total Current Assets32.3M39.8M57.5M59.4M77.8M81.6M
Accumulated Other Comprehensive Income914.3K3.0M3.1M4.1M4.7M2.6M
Non Currrent Assets Other(54.3M)(115.9M)(7.4M)(7.4M)16.2M17.1M
Other Liab9.1M7.7M7.9M15.0M17.3M8.9M
Current Deferred Revenue556.3K310.3K1.9M1.3M2.0M2.1M
Inventory5.6M9.0M14.9M11.4M14.0M14.7M
Short Term Debt9.4M14.4M25.0M28.3M30.8M17.7M
Net Tangible Assets50.9M54.1M75.9M95.5M109.8M115.3M
Long Term Debt Total46.6M41.8M39.1M46.9M54.0M28.2M
Net Invested Capital80.1M85.7M119.2M154.2M177.3M186.2M
Net Working Capital(2.0M)(8.2M)3.0M5.7M5.1M5.4M
Short Long Term Debt6.0M9.8M20.0M21.9M25.2M13.1M
Capital Stock45.7M46.7M58.3M61.8M71.1M54.4M

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