Ariadne Other Stockholder Equity vs Other Current Liab Analysis

ARA Stock   0.53  0.01  1.92%   
Ariadne Australia financial indicator trend analysis is way more than just evaluating Ariadne Australia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ariadne Australia is a good investment. Please check the relationship between Ariadne Australia Other Stockholder Equity and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ariadne Australia. 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.

Other Stockholder Equity vs Other Current Liab

Other Stockholder Equity vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ariadne Australia Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ariadne Australia's Other Stockholder Equity and Other Current Liab is 0.96. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ariadne Australia, assuming nothing else is changed. The correlation between historical values of Ariadne Australia's Other Stockholder Equity 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 Other Stockholder Equity of Ariadne Australia 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 Other Stockholder Equity i.e., Ariadne Australia's Other Stockholder Equity and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Other Current Liab

Most indicators from Ariadne Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ariadne Australia 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 Ariadne Australia. 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.
Discontinued Operations is likely to gain to about 82.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.4M2.3M2.3M4.1M
Depreciation And Amortization463K410K9K8.6K

Ariadne Australia fundamental ratios Correlations

0.950.910.930.530.910.87-0.66-0.050.990.43-0.080.940.78-0.24-0.240.870.04-0.20.790.940.910.930.94-0.90.1
0.950.970.980.370.960.96-0.73-0.260.940.61-0.30.990.78-0.34-0.280.910.13-0.10.890.990.960.930.99-0.94-0.09
0.910.971.00.211.00.95-0.57-0.30.880.54-0.320.990.87-0.35-0.090.80.37-0.260.960.991.00.940.98-0.88-0.23
0.930.981.00.241.00.95-0.6-0.280.90.55-0.310.990.86-0.35-0.120.820.33-0.230.950.991.00.950.99-0.89-0.21
0.530.370.210.240.190.17-0.50.490.57-0.090.470.270.01-0.01-0.670.49-0.640.15-0.030.30.190.410.33-0.520.61
0.910.961.01.00.190.95-0.56-0.310.880.55-0.330.980.87-0.35-0.080.790.38-0.250.970.991.00.940.98-0.87-0.24
0.870.960.950.950.170.95-0.66-0.510.880.67-0.540.960.78-0.29-0.130.870.26-0.090.940.960.950.820.96-0.85-0.24
-0.66-0.73-0.57-0.6-0.5-0.56-0.660.12-0.71-0.780.22-0.64-0.240.060.71-0.850.43-0.42-0.45-0.67-0.56-0.59-0.690.830.04
-0.05-0.26-0.3-0.280.49-0.31-0.510.12-0.1-0.470.99-0.26-0.180.01-0.25-0.25-0.41-0.14-0.48-0.28-0.310.03-0.260.10.59
0.990.940.880.90.570.880.88-0.71-0.10.47-0.140.920.72-0.17-0.280.9-0.04-0.10.760.920.880.890.93-0.90.11
0.430.610.540.55-0.090.550.67-0.78-0.470.47-0.550.570.29-0.03-0.310.67-0.030.430.580.590.550.430.59-0.59-0.42
-0.08-0.3-0.32-0.310.47-0.33-0.540.220.99-0.14-0.55-0.31-0.220.07-0.19-0.3-0.34-0.17-0.49-0.32-0.330.0-0.30.150.59
0.940.990.990.990.270.980.96-0.64-0.260.920.57-0.310.86-0.37-0.160.860.25-0.220.930.990.980.940.99-0.9-0.14
0.780.780.870.860.010.870.78-0.24-0.180.720.29-0.220.86-0.530.240.510.53-0.570.860.820.870.810.8-0.61-0.15
-0.24-0.34-0.35-0.35-0.01-0.35-0.290.060.01-0.17-0.030.07-0.37-0.530.13-0.07-0.260.36-0.35-0.35-0.35-0.38-0.340.30.07
-0.24-0.28-0.09-0.12-0.67-0.08-0.130.71-0.25-0.28-0.31-0.19-0.160.240.13-0.460.68-0.450.09-0.21-0.08-0.24-0.230.55-0.25
0.870.910.80.820.490.790.87-0.85-0.250.90.67-0.30.860.51-0.07-0.46-0.180.150.70.870.790.770.88-0.90.09
0.040.130.370.33-0.640.380.260.43-0.41-0.04-0.03-0.340.250.53-0.260.68-0.18-0.570.540.240.380.220.210.05-0.57
-0.2-0.1-0.26-0.230.15-0.25-0.09-0.42-0.14-0.10.43-0.17-0.22-0.570.36-0.450.15-0.57-0.26-0.16-0.25-0.27-0.130.01-0.01
0.790.890.960.95-0.030.970.94-0.45-0.480.760.58-0.490.930.86-0.350.090.70.54-0.260.930.970.830.92-0.74-0.4
0.940.990.990.990.30.990.96-0.67-0.280.920.59-0.320.990.82-0.35-0.210.870.24-0.160.930.990.941.0-0.92-0.16
0.910.961.01.00.191.00.95-0.56-0.310.880.55-0.330.980.87-0.35-0.080.790.38-0.250.970.990.940.98-0.87-0.24
0.930.930.940.950.410.940.82-0.590.030.890.430.00.940.81-0.38-0.240.770.22-0.270.830.940.940.95-0.9-0.03
0.940.990.980.990.330.980.96-0.69-0.260.930.59-0.30.990.8-0.34-0.230.880.21-0.130.921.00.980.95-0.93-0.15
-0.9-0.94-0.88-0.89-0.52-0.87-0.850.830.1-0.9-0.590.15-0.9-0.610.30.55-0.90.050.01-0.74-0.92-0.87-0.9-0.930.05
0.1-0.09-0.23-0.210.61-0.24-0.240.040.590.11-0.420.59-0.14-0.150.07-0.250.09-0.57-0.01-0.4-0.16-0.24-0.03-0.150.05
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Ariadne Australia Account Relationship Matchups

Ariadne Australia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.9M208.8M228.3M213.2M205.8M108.8M
Short Long Term Debt Total5.9M29.1M26.3M21.2M17.4M26.6M
Other Current Liab818K628K919K882K967K918.7K
Total Current Liabilities8.3M16.0M15.2M17.6M14.6M13.9M
Total Stockholder Equity112.3M148.9M170.9M163.9M162.8M170.9M
Property Plant And Equipment Net760K179K1.9M1.3M869K825.6K
Net Debt(29.0M)430K3.4M(15.5M)(5.5M)(5.2M)
Retained Earnings(406.0M)(411.8M)(424.1M)(431.3M)(442.7M)(464.8M)
Cash34.9M28.6M22.9M36.7M22.9M20.0M
Non Current Assets Total66.9M150.8M187.0M159.0M174.5M91.9M
Non Currrent Assets Other(3.9M)(8.4M)(6.4M)(3.5M)20.6M21.6M
Cash And Short Term Investments36.8M28.6M22.9M36.7M27.1M21.7M
Net Receivables2.5M20.9M11.9M12.3M4.1M3.9M
Common Stock Shares Outstanding196.4M196.2M196.7M197.6M197.5M187.6M
Liabilities And Stockholders Equity126.9M208.8M228.3M213.2M205.8M108.7M
Non Current Liabilities Total170K14.0M10.8M4.6M14.3M10.4M
Inventory(5.3M)(6.1M)(5.8M)(24.7M)(22.2M)(21.1M)
Other Current Assets90K2.0M1.6M3.8M4.2M4.9M
Other Stockholder Equity(70.8M)(81.4M)(72.9M)(82.5M)(74.2M)(70.5M)
Total Liab8.5M44.5M42.1M35.1M28.9M48.6M
Property Plant And Equipment Gross760K179K1.9M1.3M869K825.6K
Total Current Assets43.3M39.0M30.9M44.0M31.3M38.5M
Accumulated Other Comprehensive Income140.2M182.5M216.9M217.2M227.7M239.1M
Short Term Debt5.5M15.1M14.0M15.6M13.2M17.6M
Common Stock380.5M378.6M378.2M378.0M377.7M374.6M
Short Term Investments1.9M8.4M6.4M3.5M4.2M2.9M
Current Deferred Revenue(5.8M)(15.1M)(14.0M)(15.6M)437K458.9K
Accounts Payable2.0M254K227K1.1M497K472.2K
Other Liab170K14.6M14.6M11.9M10.7M11.2M
Other Assets16.8M19.0M10.3M10.2M182.0M191.1M
Property Plant Equipment760K179K1.9M1.3M1.1M937.1K
Net Tangible Assets115.4M148.9M170.9M163.9M188.5M147.5M
Long Term Investments69.3M150.6M185.1M157.7M153.1M122.7M
Short Long Term Debt5.5M15.0M13.6M15.2M12.7M8.9M
Long Term Debt Total53K14.0M12.3M5.6M6.4M5.3M

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