AAR Long Term Debt vs Total Revenue Analysis
AIR Stock | USD 68.39 0.55 0.81% |
AAR Corp financial indicator trend analysis is way more than just evaluating AAR Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAR Corp is a good investment. Please check the relationship between AAR Corp Long Term Debt and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.
Long Term Debt vs Total Revenue
Long Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAR Corp Long Term Debt account and Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between AAR Corp's Long Term Debt and Total Revenue is 0.26. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of AAR Corp, assuming nothing else is changed. The correlation between historical values of AAR Corp's Long Term Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of AAR Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Long Term Debt i.e., AAR Corp's Long Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that AAR Corp has held for over one year. Long-term debt appears on AAR Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on AAR Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Revenue
Total revenue comprises all receipts AAR Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from AAR Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAR Corp 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 AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.At this time, AAR Corp's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Discontinued Operations is likely to grow to about 378 K, while Enterprise Value Over EBITDA is likely to drop 12.45.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 313.2M | 370.1M | 442.3M | 464.4M | Total Revenue | 1.8B | 2.0B | 2.3B | 1.2B |
AAR Corp fundamental ratios Correlations
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AAR Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AAR Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 1.5B | 1.6B | 1.8B | 2.8B | 3.0B | |
Short Long Term Debt Total | 688M | 193.6M | 156.3M | 317.9M | 1.1B | 1.1B | |
Other Current Liab | 191.5M | 209.6M | 191.8M | 193M | 215.7M | 226.5M | |
Total Current Liabilities | 383.1M | 336.8M | 348.2M | 351.5M | 466.9M | 490.2M | |
Total Stockholder Equity | 902.6M | 974.4M | 1.0B | 1.1B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 225.4M | 195.8M | 182.6M | 189.8M | 434.6M | 456.3M | |
Net Debt | 266.2M | 141.8M | 102.8M | 249.5M | 979.9M | 1.0B | |
Retained Earnings | 706M | 741.7M | 820.4M | 910.6M | 956.9M | 1.0B | |
Cash | 404.7M | 51.8M | 53.5M | 68.4M | 85.8M | 55.0M | |
Non Current Assets Total | 640.3M | 602.7M | 566.7M | 735.2M | 1.4B | 1.5B | |
Non Currrent Assets Other | 293.2M | 283.1M | 205.9M | 305.9M | 128.5M | 245.2M | |
Cash And Short Term Investments | 404.7M | 51.8M | 53.5M | 68.4M | 85.8M | 55.0M | |
Net Receivables | 221.2M | 238.6M | 287.6M | 328.2M | 287.2M | 189.0M | |
Common Stock Shares Outstanding | 35M | 35.3M | 36M | 35.1M | 35.4M | 35.4M | |
Liabilities And Stockholders Equity | 2.1B | 1.5B | 1.6B | 1.8B | 2.8B | 3.0B | |
Non Current Liabilities Total | 793.3M | 228.5M | 191.2M | 382.5M | 1.1B | 1.2B | |
Inventory | 623.1M | 540.6M | 550.5M | 574.1M | 733.1M | 769.8M | |
Other Current Assets | 146.8M | 78.1M | 115.6M | 100.3M | 328.9M | 174.7M | |
Other Stockholder Equity | 195.9M | 205.7M | 188.4M | 166.7M | 196.4M | 192.0M | |
Property Plant And Equipment Gross | 225.4M | 195.8M | 367.9M | 394.9M | 548.3M | 575.7M | |
Total Current Assets | 1.4B | 937M | 1.0B | 1.1B | 1.4B | 714.3M | |
Accumulated Other Comprehensive Income | (44.6M) | (18.3M) | (19.6M) | (23.5M) | (8.8M) | (9.2M) | |
Short Term Debt | 88M | 5.4M | 11.1M | 19.7M | 13.2M | 12.5M | |
Intangible Assets | 6M | 4.5M | 3.3M | 63.7M | 235.4M | 247.2M | |
Accounts Payable | 191.6M | 127.2M | 156.4M | 158.5M | 238M | 122.9M | |
Current Deferred Revenue | 88M | 5.4M | 20.5M | 19.7M | 14.7M | 14.0M | |
Good Will | 115.7M | 119.3M | 116.4M | 175.8M | 554.8M | 582.5M | |
Other Liab | 112.1M | 122.4M | 34.9M | 64.6M | 74.3M | 53.8M | |
Other Assets | 59.6M | 55.5M | 55.6M | 72.3M | 83.1M | 91.1M | |
Long Term Debt | 600M | 133.7M | 98.9M | 269.7M | 985.4M | 1.0B | |
Treasury Stock | (280.7M) | (287.7M) | (282.7M) | (274.1M) | (246.7M) | (234.4M) | |
Property Plant Equipment | 135.7M | 195.8M | 109.6M | 126.1M | 113.5M | 164.6M | |
Net Tangible Assets | 780.9M | 825.6M | 914.8M | 859.6M | 988.5M | 783.6M | |
Retained Earnings Total Equity | 706M | 741.7M | 820.4M | 910.6M | 1.0B | 756.0M | |
Long Term Debt Total | 600M | 133.7M | 98.9M | 269.7M | 242.7M | 203.3M |
Pair Trading with AAR Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AAR Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AAR Corp will appreciate offsetting losses from the drop in the long position's value.Moving against AAR Stock
The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AAR Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AAR Corp to buy it.
The correlation of AAR Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AAR Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for AAR Stock Analysis
When running AAR Corp's price analysis, check to measure AAR Corp'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 AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.