Archean Cost Of Revenue vs Depreciation And Amortization Analysis

ACI Stock   713.15  0.70  0.1%   
Archean Chemical financial indicator trend analysis is way more than just evaluating Archean Chemical Ind prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archean Chemical Ind is a good investment. Please check the relationship between Archean Chemical Cost Of Revenue and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archean Chemical Industries. 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.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archean Chemical Ind Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Archean Chemical's Cost Of Revenue and Depreciation And Amortization is -0.23. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Archean Chemical Industries, assuming nothing else is changed. The correlation between historical values of Archean Chemical's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Archean Chemical Industries are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Archean Chemical's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Archean Chemical Ind income statement and represents the costs associated with goods and services Archean Chemical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Archean Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archean Chemical Ind 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 Archean Chemical Industries. 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.
The current year's Tax Provision is expected to grow to about 1.6 B, whereas Selling General Administrative is forecasted to decline to about 244.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.6B969.6M84.6M80.4M
Depreciation And Amortization668.6M686.3M703.4M683.5M

Archean Chemical fundamental ratios Correlations

-0.91-0.68-0.830.910.94-0.910.91-0.760.520.88-0.51-0.770.920.90.88-0.680.450.560.89-0.850.98-0.780.750.9-0.93
-0.910.550.7-0.98-0.861.0-0.970.77-0.55-0.840.370.64-0.97-0.73-0.740.86-0.57-0.41-0.990.97-0.880.63-0.76-0.810.94
-0.680.550.91-0.49-0.760.55-0.490.5-0.38-0.740.760.95-0.55-0.62-0.880.080.07-0.83-0.480.35-0.60.95-0.36-0.890.54
-0.830.70.91-0.66-0.850.7-0.660.78-0.5-0.810.840.98-0.68-0.86-0.920.26-0.1-0.72-0.630.53-0.770.98-0.46-0.970.71
0.91-0.98-0.49-0.660.87-0.981.0-0.760.550.83-0.29-0.60.990.750.73-0.890.60.40.99-0.980.88-0.60.840.76-0.98
0.94-0.86-0.76-0.850.87-0.860.87-0.690.370.81-0.58-0.850.880.890.96-0.60.480.770.85-0.790.93-0.860.70.93-0.91
-0.911.00.550.7-0.98-0.86-0.970.78-0.58-0.850.370.64-0.97-0.73-0.730.86-0.54-0.4-0.990.97-0.870.63-0.77-0.80.94
0.91-0.97-0.49-0.661.00.87-0.97-0.760.590.84-0.26-0.591.00.760.72-0.870.560.40.98-0.970.87-0.60.880.75-0.99
-0.760.770.50.78-0.76-0.690.78-0.76-0.63-0.70.560.66-0.74-0.79-0.640.54-0.33-0.31-0.740.72-0.720.65-0.55-0.740.79
0.52-0.55-0.38-0.50.550.37-0.580.59-0.630.81-0.09-0.370.630.370.29-0.36-0.26-0.070.52-0.480.35-0.40.740.41-0.56
0.88-0.84-0.74-0.810.830.81-0.850.84-0.70.81-0.43-0.750.880.710.75-0.540.060.420.8-0.730.75-0.770.820.82-0.83
-0.510.370.760.84-0.29-0.580.37-0.260.56-0.09-0.430.86-0.27-0.69-0.73-0.08-0.03-0.66-0.280.19-0.50.840.05-0.790.31
-0.770.640.950.98-0.6-0.850.64-0.590.66-0.37-0.750.86-0.62-0.8-0.940.18-0.09-0.83-0.570.46-0.721.0-0.39-0.960.65
0.92-0.97-0.55-0.680.990.88-0.971.0-0.740.630.88-0.27-0.620.740.74-0.840.50.430.98-0.950.86-0.630.890.77-0.98
0.9-0.73-0.62-0.860.750.89-0.730.76-0.790.370.71-0.69-0.80.740.87-0.470.410.590.7-0.670.91-0.810.550.87-0.8
0.88-0.74-0.88-0.920.730.96-0.730.72-0.640.290.75-0.73-0.940.740.87-0.380.340.870.7-0.620.88-0.940.520.97-0.79
-0.680.860.080.26-0.89-0.60.86-0.870.54-0.36-0.54-0.080.18-0.84-0.47-0.38-0.76-0.07-0.910.95-0.70.17-0.72-0.420.81
0.45-0.570.07-0.10.60.48-0.540.56-0.33-0.260.06-0.03-0.090.50.410.34-0.760.260.62-0.690.59-0.060.260.29-0.56
0.56-0.41-0.83-0.720.40.77-0.40.4-0.31-0.070.42-0.66-0.830.430.590.87-0.070.260.39-0.290.58-0.830.230.76-0.49
0.89-0.99-0.48-0.630.990.85-0.990.98-0.740.520.8-0.28-0.570.980.70.7-0.910.620.39-0.990.86-0.570.80.75-0.95
-0.850.970.350.53-0.98-0.790.97-0.970.72-0.48-0.730.190.46-0.95-0.67-0.620.95-0.69-0.29-0.99-0.840.45-0.78-0.670.93
0.98-0.88-0.6-0.770.880.93-0.870.87-0.720.350.75-0.5-0.720.860.910.88-0.70.590.580.86-0.84-0.720.650.87-0.9
-0.780.630.950.98-0.6-0.860.63-0.60.65-0.4-0.770.841.0-0.63-0.81-0.940.17-0.06-0.83-0.570.45-0.72-0.42-0.950.65
0.75-0.76-0.36-0.460.840.7-0.770.88-0.550.740.820.05-0.390.890.550.52-0.720.260.230.8-0.780.65-0.420.51-0.86
0.9-0.81-0.89-0.970.760.93-0.80.75-0.740.410.82-0.79-0.960.770.870.97-0.420.290.760.75-0.670.87-0.950.51-0.79
-0.930.940.540.71-0.98-0.910.94-0.990.79-0.56-0.830.310.65-0.98-0.8-0.790.81-0.56-0.49-0.950.93-0.90.65-0.86-0.79
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Archean Chemical Account Relationship Matchups

Archean Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B14.3B15.3B17.6B20.6B17.1B
Short Long Term Debt Total9.0B9.1B9.0B693.9M978.2M929.3M
Other Current Liab64.8M165.1M543.8M411.4M271.8M297.4M
Total Current Liabilities2.5B1.8B1.8B1.7B1.3B1.7B
Total Stockholder Equity59.9M723.8M2.6B14.3B17.0B17.9B
Property Plant And Equipment Net10.7B10.6B11.0B11.5B12.1B11.8B
Net Debt9.0B8.9B8.9B634.1M523.4M497.2M
Retained Earnings(1.7B)(1.0B)23.9M4.7B7.3B7.7B
Accounts Payable1.7B1.1B1.1B955.6M998.1M951.0M
Cash1.0M143.6M55.1M59.7M454.8M477.6M
Non Current Assets Total11.7B11.3B11.3B11.8B13.3B13.0B
Non Currrent Assets Other626.4M600.0M20K114.8M1.1B1.1B
Cash And Short Term Investments471.7M555.3M628.2M2.6B4.0B4.2B
Net Receivables444.6M680.7M1.5B1.2B1.6B994.9M
Liabilities And Stockholders Equity14.3B14.3B15.3B17.6B20.6B17.1B
Non Current Liabilities Total11.7B11.8B10.9B1.5B2.2B2.1B
Inventory988.2M1.1B1.2B1.7B1.3B1.3B
Other Current Assets944.4M904.1M665.2M601.6M472.9M597.2M
Total Liab14.2B13.6B12.7B3.2B3.5B3.4B
Total Current Assets2.6B3.0B4.0B5.8B7.3B4.1B
Short Term Debt127.6M169.3M89.1M328.9M72.4M68.8M
Intangible Assets1.2M1.3M1.8M1.7M21.2M22.2M

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Other Information on Investing in Archean Stock

Balance Sheet is a snapshot of the financial position of Archean Chemical Ind at a specified time, usually calculated after every quarter, six months, or one year. Archean Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Archean Chemical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Archean currently owns. An asset can also be divided into two categories, current and non-current.