Acrow Property Plant Equipment vs Total Assets Analysis

ACF Stock   1.08  0.01  0.92%   
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 Property Plant Equipment and its Total 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acrow Limited Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Acrow's Property Plant Equipment and Total Assets is 0.64. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total 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 Property Plant Equipment and Total 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 Property Plant Equipment of Acrow Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Acrow's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Acrow assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Acrow Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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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