ArcBest Historical Balance Sheet
ARCB Stock | USD 109.91 0.91 0.83% |
Trend analysis of ArcBest Corp balance sheet accounts such as Short Long Term Debt Total of 459.6 M, Other Current Liabilities of 194.3 M or Total Current Liabilities of 352.4 M provides information on ArcBest Corp's total assets, liabilities, and equity, which is the actual value of ArcBest Corp to its prevalent stockholders. By breaking down trends over time using ArcBest Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining ArcBest Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ArcBest Corp is a good buy for the upcoming year.
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About ArcBest Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ArcBest Corp at a specified time, usually calculated after every quarter, six months, or one year. ArcBest Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ArcBest Corp 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 ArcBest currently owns. An asset can also be divided into two categories, current and non-current.
ArcBest Corp Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of ArcBest Corp 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 ArcBest Corp 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.Total Current Liabilities
Total Current Liabilities is an item on ArcBest Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ArcBest Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of ArcBest Corp, which is listed under current asset account on ArcBest Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ArcBest Corp customers. The amounts must be unrestricted with restricted cash listed in a different ArcBest Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from ArcBest Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ArcBest Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ArcBest 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 main economic indicators. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.At present, ArcBest Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 459.6 M, whereas Other Current Liabilities is forecasted to decline to about 194.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 337.1M | 438.7M | 437.7M | 459.6M | Total Assets | 2.1B | 2.5B | 2.5B | 2.6B |
ArcBest Corp balance sheet Correlations
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ArcBest Corp Account Relationship Matchups
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ArcBest Corp balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 2.1B | 2.5B | 2.5B | 2.6B | |
Short Long Term Debt Total | 396.1M | 403.5M | 337.1M | 438.7M | 437.7M | 459.6M | |
Other Current Liab | 231.8M | 225.3M | 283.1M | 363.3M | 378.0M | 194.3M | |
Total Current Liabilities | 444.3M | 506.5M | 702.7M | 768.5M | 701.6M | 352.4M | |
Total Stockholder Equity | 763.0M | 828.6M | 929.1M | 1.2B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 752.1M | 793.9M | 802.6M | 977.0M | 1.1B | 1.1B | |
Net Debt | 194.2M | 99.6M | 260.5M | 280.3M | 175.5M | 184.3M | |
Retained Earnings | 533.2M | 595.9M | 801.3M | 1.1B | 1.3B | 1.3B | |
Accounts Payable | 134.4M | 170.9M | 311.4M | 269.9M | 214.0M | 224.7M | |
Cash | 201.9M | 304.0M | 76.6M | 158.4M | 262.2M | 275.3M | |
Non Current Assets Total | 986.8M | 1.0B | 1.3B | 1.5B | 1.6B | 1.7B | |
Non Currrent Assets Other | 77.4M | 74.5M | 96.9M | 94.4M | 95.1M | 64.9M | |
Cash And Short Term Investments | 318.5M | 369.4M | 125.0M | 326.0M | 330.1M | 346.6M | |
Net Receivables | 310.8M | 335.2M | 595.4M | 528.5M | 506.6M | 531.9M | |
Common Stock Shares Outstanding | 26.5M | 26.4M | 26.8M | 25.5M | 24.6M | 26.4M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 2.1B | 2.5B | 2.5B | 2.6B | |
Non Current Liabilities Total | 443.9M | 443.9M | 480.9M | 574.4M | 541.2M | 277.4M | |
Inventory | 30.4M | 37.8M | 40.1M | 40.2M | (24.3M) | (23.1M) | |
Other Current Assets | 4.7M | 53.6M | 55.7M | 135.3M | 72.5M | 76.1M | |
Other Stockholder Equity | 229.4M | 231.2M | 123.8M | 55.3M | (34.8M) | (33.1M) | |
Total Liab | 888.2M | 950.4M | 1.2B | 1.3B | 1.2B | 629.9M | |
Property Plant And Equipment Gross | 752.1M | 793.9M | 1.8B | 2.0B | 2.3B | 2.4B | |
Total Current Assets | 664.4M | 758.2M | 776.1M | 989.8M | 884.8M | 443.1M | |
Accumulated Other Comprehensive Income | 203K | 1.2M | 3.7M | 7.1M | 4.3M | 4.5M | |
Short Term Debt | 77.6M | 110.1M | 96.1M | 118.7M | 99.1M | 104.1M | |
Intangible Assets | 58.8M | 55.0M | 126.6M | 113.8M | 101.2M | 59.0M | |
Common Stock Total Equity | 288K | 290K | 294K | 298K | 342.7K | 279.8K | |
Common Stock | 288K | 290K | 294K | 298K | 300K | 281.5K | |
Other Liab | 124.8M | 128.9M | 217.2M | 228.2M | 262.4M | 275.6M | |
Other Assets | 87.6M | 198.8M | 107.1M | 79.8M | 91.7M | 80.4M | |
Long Term Debt | 266.2M | 217.1M | 174.9M | 198.4M | 162.0M | 119.1M | |
Property Plant Equipment | 683.6M | 678.7M | 802.6M | 810.5M | 932.1M | 536.7M | |
Current Deferred Revenue | 10.1M | 500K | 6.2M | 6.3M | 10.4M | 13.7M | |
Short Term Investments | 116.6M | 65.4M | 48.3M | 167.7M | 67.8M | 62.3M | |
Net Tangible Assets | 668.2M | 783.1M | 502.2M | 880.1M | 1.0B | 586.1M | |
Retained Earnings Total Equity | 533.2M | 595.9M | 801.3M | 1.1B | 1.3B | 1.3B | |
Long Term Debt Total | 266.2M | 217.1M | 174.9M | 198.4M | 228.1M | 176.1M | |
Capital Surpluse | 333.9M | 342.4M | 318.0M | 339.6M | 390.5M | 345.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest 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 main economic indicators. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcBest Corp. If investors know ArcBest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcBest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.98 | Dividend Share 0.48 | Earnings Share 8.03 | Revenue Per Share 180.569 | Quarterly Revenue Growth (0.06) |
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.