Aurora Property Plant And Equipment Net vs Other Current Liab Analysis

ACU Stock

CAD 0.03 0.01 25.00%

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

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Solar Technologies Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Aurora Solar's Property Plant And Equipment Net and Other Current Liab is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Aurora Solar Technologies, assuming nothing else is changed. The correlation between historical values of Aurora Solar's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Aurora Solar Technologies 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 Property Plant And Equipment Net i.e., Aurora Solar's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Liab

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

At this time, Aurora Solar's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 50.46 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	4.2M	9.0M	11.4M	11.9M
Depreciation And Amortization	148.2K	495.9K	519.4K	545.4K

Other Operating Expenses Depreciation And Amortization

Aurora Solar fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Other Current Assets	Inventory	Other Current Liab	Intangible Assets	Net Tangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Other Assets	Current Deferred Revenue
Total Assets		0.98	0.99	0.93	-0.78	-0.9	0.99	0.85	0.99	0.85	0.82	0.96	0.03	0.98	1.0	-0.28	0.35	0.97	0.83	0.98	0.97	0.97	0.91	-0.77	-0.38	0.94
Total Current Liabilities	0.98		0.94	0.89	-0.73	-0.82	0.97	0.79	0.98	0.79	0.8	0.92	0.08	1.0	0.98	-0.21	0.28	1.0	0.84	0.98	0.92	0.92	0.85	-0.83	-0.47	0.98
Total Stockholder Equity	0.99	0.94		0.92	-0.81	-0.93	0.97	0.87	0.97	0.87	0.83	0.97	-0.01	0.95	0.99	-0.32	0.37	0.93	0.79	0.96	0.99	0.97	0.91	-0.71	-0.3	0.89
Property Plant And Equipment Net	0.93	0.89	0.92		-0.64	-0.92	0.93	0.74	0.94	0.74	0.62	0.98	0.04	0.91	0.92	-0.25	0.59	0.87	0.84	0.89	0.92	0.97	0.99	-0.76	-0.47	0.78
Net Debt	-0.78	-0.73	-0.81	-0.64		0.67	-0.78	-0.99	-0.71	-0.99	-0.63	-0.68	0.05	-0.73	-0.8	0.33	0.13	-0.7	-0.44	-0.73	-0.81	-0.7	-0.62	0.52	0.23	-0.72
Retained Earnings	-0.9	-0.82	-0.93	-0.92	0.67		-0.91	-0.75	-0.9	-0.75	-0.71	-0.97	-0.04	-0.84	-0.9	0.41	-0.56	-0.81	-0.78	-0.88	-0.92	-0.97	-0.93	0.57	0.19	-0.73
Accounts Payable	0.99	0.97	0.97	0.93	-0.78	-0.91		0.85	0.98	0.85	0.81	0.96	0.09	0.97	0.98	-0.3	0.32	0.95	0.78	0.98	0.95	0.96	0.92	-0.73	-0.41	0.91
Cash	0.85	0.79	0.87	0.74	-0.99	-0.75	0.85		0.79	1.0	0.65	0.77	-0.04	0.8	0.86	-0.33	-0.01	0.76	0.53	0.79	0.87	0.79	0.73	-0.59	-0.29	0.76
Non Current Assets Total	0.99	0.98	0.97	0.94	-0.71	-0.9	0.98	0.79		0.79	0.79	0.96	0.05	0.99	0.98	-0.24	0.39	0.98	0.85	0.99	0.95	0.97	0.92	-0.78	-0.39	0.94
Cash And Short Term Investments	0.85	0.79	0.87	0.74	-0.99	-0.75	0.85	1.0	0.79		0.65	0.77	-0.04	0.8	0.86	-0.33	-0.01	0.76	0.53	0.79	0.87	0.79	0.73	-0.59	-0.29	0.76
Net Receivables	0.82	0.8	0.83	0.62	-0.63	-0.71	0.81	0.65	0.79	0.65		0.74	-0.02	0.79	0.83	-0.25	0.13	0.79	0.53	0.82	0.8	0.75	0.61	-0.47	-0.04	0.8
Common Stock Shares Outstanding	0.96	0.92	0.97	0.98	-0.68	-0.97	0.96	0.77	0.96	0.77	0.74		0.04	0.93	0.96	-0.32	0.54	0.9	0.84	0.94	0.96	1.0	0.97	-0.73	-0.34	0.83
Other Stockholder Equity	0.03	0.08	-0.01	0.04	0.05	-0.04	0.09	-0.04	0.05	-0.04	-0.02	0.04		0.08	0.03	-0.37	0.07	0.07	0.25	0.05	-0.08	-0.01	0.03	-0.11	-0.26	0.06
Total Liab	0.98	1.0	0.95	0.91	-0.73	-0.84	0.97	0.8	0.99	0.8	0.79	0.93	0.08		0.98	-0.22	0.31	1.0	0.85	0.98	0.93	0.94	0.88	-0.82	-0.47	0.97
Total Current Assets	1.0	0.98	0.99	0.92	-0.8	-0.9	0.98	0.86	0.98	0.86	0.83	0.96	0.03	0.98		-0.29	0.33	0.96	0.82	0.97	0.98	0.96	0.9	-0.77	-0.38	0.93
Short Term Investments	-0.28	-0.21	-0.32	-0.25	0.33	0.41	-0.3	-0.33	-0.24	-0.33	-0.25	-0.32	-0.37	-0.22	-0.29		-0.15	-0.2	-0.29	-0.23	-0.27	-0.29	-0.24	0.12	-0.06	-0.17
Other Current Assets	0.35	0.28	0.37	0.59	0.13	-0.56	0.32	-0.01	0.39	-0.01	0.13	0.54	0.07	0.31	0.33	-0.15		0.28	0.62	0.31	0.4	0.52	0.6	-0.32	-0.17	0.13
Inventory	0.97	1.0	0.93	0.87	-0.7	-0.81	0.95	0.76	0.98	0.76	0.79	0.9	0.07	1.0	0.96	-0.2	0.28		0.85	0.98	0.9	0.91	0.84	-0.82	-0.46	0.98
Other Current Liab	0.83	0.84	0.79	0.84	-0.44	-0.78	0.78	0.53	0.85	0.53	0.53	0.84	0.25	0.85	0.82	-0.29	0.62	0.85		0.81	0.76	0.83	0.81	-0.81	-0.54	0.77
Intangible Assets	0.98	0.98	0.96	0.89	-0.73	-0.88	0.98	0.79	0.99	0.79	0.82	0.94	0.05	0.98	0.97	-0.23	0.31	0.98	0.81		0.92	0.94	0.88	-0.7	-0.39	0.94
Net Tangible Assets	0.97	0.92	0.99	0.92	-0.81	-0.92	0.95	0.87	0.95	0.87	0.8	0.96	-0.08	0.93	0.98	-0.27	0.4	0.9	0.76	0.92		0.97	0.91	-0.71	-0.28	0.86
Common Stock	0.97	0.92	0.97	0.97	-0.7	-0.97	0.96	0.79	0.97	0.79	0.75	1.0	-0.01	0.94	0.96	-0.29	0.52	0.91	0.83	0.94	0.97		0.96	-0.73	-0.32	0.85
Property Plant Equipment	0.91	0.85	0.91	0.99	-0.62	-0.93	0.92	0.73	0.92	0.73	0.61	0.97	0.03	0.88	0.9	-0.24	0.6	0.84	0.81	0.88	0.91	0.96		-0.69	-0.44	0.74
Non Currrent Assets Other	-0.77	-0.83	-0.71	-0.76	0.52	0.57	-0.73	-0.59	-0.78	-0.59	-0.47	-0.73	-0.11	-0.82	-0.77	0.12	-0.32	-0.82	-0.81	-0.7	-0.71	-0.73	-0.69		0.63	-0.82
Other Assets	-0.38	-0.47	-0.3	-0.47	0.23	0.19	-0.41	-0.29	-0.39	-0.29	-0.04	-0.34	-0.26	-0.47	-0.38	-0.06	-0.17	-0.46	-0.54	-0.39	-0.28	-0.32	-0.44	0.63		-0.4
Current Deferred Revenue	0.94	0.98	0.89	0.78	-0.72	-0.73	0.91	0.76	0.94	0.76	0.8	0.83	0.06	0.97	0.93	-0.17	0.13	0.98	0.77	0.94	0.86	0.85	0.74	-0.82	-0.4

Click cells to compare fundamentals

Aurora Solar Account Relationship Matchups

Aurora Solar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6M	3.8M	3.2M	9.4M	10.2M	10.7M
Total Current Liabilities	750.2K	673.0K	476.5K	3.6M	4.2M	4.4M
Total Stockholder Equity	2.8M	2.9M	2.5M	5.6M	5.8M	6.1M
Property Plant And Equipment Net	126.2K	382.5K	434.6K	475.7K	644.6K	676.8K
Net Debt	(1.8M)	(2.4M)	116.2K	(2.5M)	(2.5M)	(2.4M)
Retained Earnings	(12.9M)	(16.5M)	(20.7M)	(25.2M)	(25.4M)	(24.1M)
Accounts Payable	457.1K	566.7K	382.3K	1.2M	1.1M	1.2M
Cash	1.8M	2.8M	201.7K	2.8M	2.9M	3.0M
Non Current Assets Total	372.2K	632.1K	694.9K	2.0M	2.2M	2.3M
Cash And Short Term Investments	1.8M	2.8M	201.7K	2.8M	2.9M	3.0M
Net Receivables	912.4K	19.8K	117.8K	1.3M	920.9K	967.0K
Common Stock Shares Outstanding	89.5M	113.7M	142.7M	191.3M	222.2M	233.3M
Liabilities And Stockholders Equity	3.6M	3.8M	3.2M	9.4M	10.2M	10.7M
Other Stockholder Equity	1.7M	1.6M	1.9M	2.9M	3.2M	2.2M
Total Liab	750.2K	965.0K	713.1K	3.8M	4.4M	4.6M
Total Current Assets	3.2M	3.2M	2.5M	7.4M	8.0M	8.4M
Other Current Assets	56.0K	58.9K	1.8M	91.4K	618.9K	649.8K
Inventory	389.0K	333.7K	323.7K	3.2M	3.6M	3.8M
Other Current Liab	34K	22K	395.3K	362.2K	552.0K	579.6K
Intangible Assets	171.4K	197.5K	202.1K	886.3K	740.5K	777.5K
Net Tangible Assets	2.6M	2.7M	2.3M	4.1M	4.7M	4.9M
Common Stock	14.1M	17.5M	20.5M	27.7M	31.9M	33.5M
Property Plant Equipment	126.2K	382.5K	434.6K	475.7K	547.1K	574.5K
Non Currrent Assets Other	74.6K	52.1K	58.1K	52.1K	(679.9K)	(645.9K)
Other Assets	74.6K	52.1K	58.1K	52.1K	1.0	0.95
Net Invested Capital	2.8M	2.9M	2.5M	5.7M	5.9M	3.7M
Net Working Capital	2.4M	2.5M	2.0M	3.7M	3.8M	2.7M
Capital Stock	14.1M	17.5M	20.5M	27.7M	31.9M	22.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Aurora Stock Analysis

When running Aurora Solar's price analysis, check to measure Aurora Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Solar is operating at the current time. Most of Aurora Solar's value examination focuses on studying past and present price action to predict the probability of Aurora Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Solar's price. Additionally, you may evaluate how the addition of Aurora Solar to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC