ArcBest Retained Earnings vs Inventory Analysis

ARCB Stock  USD 109.00  2.24  2.10%   
ArcBest Corp financial indicator trend analysis is way more than just evaluating ArcBest Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ArcBest Corp is a good investment. Please check the relationship between ArcBest Corp Retained Earnings and its Inventory accounts. 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ArcBest Corp Retained Earnings account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ArcBest Corp's Retained Earnings and Inventory is -0.66. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of ArcBest Corp, assuming nothing else is changed. The correlation between historical values of ArcBest Corp's Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ArcBest Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., ArcBest Corp's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

Most indicators from ArcBest Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.42, whereas Selling General Administrative is forecasted to decline to about 20.6 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.3B4.7B4.4B4.6B
EBITDA410.3M534.2M172.6M181.2M

ArcBest Corp fundamental ratios Correlations

0.850.810.810.990.990.520.980.910.650.990.840.750.960.460.75-0.620.84-0.770.80.940.780.90.260.820.73
0.850.730.670.780.880.760.80.730.590.860.730.690.770.090.8-0.790.74-0.70.740.790.610.890.340.760.43
0.810.730.910.770.760.560.730.790.420.80.950.590.810.350.88-0.570.69-0.530.920.70.860.720.590.70.74
0.810.670.910.770.750.530.730.890.370.790.920.540.850.410.92-0.340.76-0.50.990.720.950.790.480.670.76
0.990.780.770.770.980.390.980.860.710.970.80.790.920.540.68-0.580.79-0.730.750.920.760.850.150.750.79
0.990.880.760.750.980.510.970.840.720.980.790.790.910.430.73-0.670.8-0.770.760.930.730.90.170.770.72
0.520.760.560.530.390.510.470.59-0.070.580.550.090.58-0.30.68-0.620.6-0.590.60.580.330.630.720.760.02
0.980.80.730.730.980.970.470.840.650.980.730.710.910.370.65-0.660.84-0.860.710.970.680.840.220.840.69
0.910.730.790.890.860.840.590.840.380.90.870.510.980.440.78-0.440.8-0.630.860.860.790.840.460.820.64
0.650.590.420.370.710.72-0.070.650.380.60.450.940.460.510.39-0.430.4-0.350.390.490.530.58-0.370.210.63
0.990.860.80.790.970.980.580.980.90.60.820.690.960.380.74-0.680.84-0.820.780.970.720.890.320.860.69
0.840.730.950.920.80.790.550.730.870.450.820.60.870.520.88-0.470.64-0.440.920.70.880.770.490.650.78
0.750.690.590.540.790.790.090.710.510.940.690.60.570.560.57-0.420.54-0.370.560.550.70.67-0.240.30.68
0.960.770.810.850.920.910.580.910.980.460.960.870.570.440.75-0.560.8-0.720.830.920.760.850.420.860.68
0.460.090.350.410.540.43-0.30.370.440.510.380.520.560.440.220.150.120.110.340.230.550.28-0.31-0.030.75
0.750.80.880.920.680.730.680.650.780.390.740.880.570.750.22-0.440.71-0.480.970.650.890.80.50.630.62
-0.62-0.79-0.57-0.34-0.58-0.67-0.62-0.66-0.44-0.43-0.68-0.47-0.42-0.560.15-0.44-0.460.74-0.39-0.67-0.22-0.53-0.39-0.71-0.25
0.840.740.690.760.790.80.60.840.80.40.840.640.540.80.120.71-0.46-0.780.750.860.680.880.40.820.44
-0.77-0.7-0.53-0.5-0.73-0.77-0.59-0.86-0.63-0.35-0.82-0.44-0.37-0.720.11-0.480.74-0.78-0.5-0.92-0.36-0.67-0.39-0.91-0.34
0.80.740.920.990.750.760.60.710.860.390.780.920.560.830.340.97-0.390.75-0.50.710.940.810.50.670.72
0.940.790.70.720.920.930.580.970.860.490.970.70.550.920.230.65-0.670.86-0.920.710.610.830.350.920.59
0.780.610.860.950.760.730.330.680.790.530.720.880.70.760.550.89-0.220.68-0.360.940.610.740.260.480.83
0.90.890.720.790.850.90.630.840.840.580.890.770.670.850.280.8-0.530.88-0.670.810.830.740.290.740.56
0.260.340.590.480.150.170.720.220.46-0.370.320.49-0.240.42-0.310.5-0.390.4-0.390.50.350.260.290.640.02
0.820.760.70.670.750.770.760.840.820.210.860.650.30.86-0.030.63-0.710.82-0.910.670.920.480.740.640.35
0.730.430.740.760.790.720.020.690.640.630.690.780.680.680.750.62-0.250.44-0.340.720.590.830.560.020.35
Click cells to compare fundamentals

ArcBest Corp Account Relationship Matchups

ArcBest Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.1B2.5B2.5B2.6B
Short Long Term Debt Total396.1M403.5M337.1M438.7M437.7M459.6M
Other Current Liab231.8M225.3M283.1M363.3M378.0M194.3M
Total Current Liabilities444.3M506.5M702.7M768.5M701.6M352.4M
Total Stockholder Equity763.0M828.6M929.1M1.2B1.2B1.3B
Property Plant And Equipment Net752.1M793.9M802.6M977.0M1.1B1.1B
Net Debt194.2M99.6M260.5M280.3M175.5M184.3M
Retained Earnings533.2M595.9M801.3M1.1B1.3B1.3B
Accounts Payable134.4M170.9M311.4M269.9M214.0M224.7M
Cash201.9M304.0M76.6M158.4M262.2M275.3M
Non Current Assets Total986.8M1.0B1.3B1.5B1.6B1.7B
Non Currrent Assets Other77.4M74.5M96.9M94.4M95.1M64.9M
Cash And Short Term Investments318.5M369.4M125.0M326.0M330.1M346.6M
Net Receivables310.8M335.2M595.4M528.5M506.6M531.9M
Common Stock Shares Outstanding26.5M26.4M26.8M25.5M24.6M26.4M
Liabilities And Stockholders Equity1.7B1.8B2.1B2.5B2.5B2.6B
Non Current Liabilities Total443.9M443.9M480.9M574.4M541.2M277.4M
Inventory30.4M37.8M40.1M40.2M(24.3M)(23.1M)
Other Current Assets4.7M53.6M55.7M135.3M72.5M76.1M
Other Stockholder Equity229.4M231.2M123.8M55.3M(34.8M)(33.1M)
Total Liab888.2M950.4M1.2B1.3B1.2B629.9M
Property Plant And Equipment Gross752.1M793.9M1.8B2.0B2.3B2.4B
Total Current Assets664.4M758.2M776.1M989.8M884.8M443.1M
Accumulated Other Comprehensive Income203K1.2M3.7M7.1M4.3M4.5M
Short Term Debt77.6M110.1M96.1M118.7M99.1M104.1M
Intangible Assets58.8M55.0M126.6M113.8M101.2M59.0M
Common Stock Total Equity288K290K294K298K342.7K279.8K
Common Stock288K290K294K298K300K281.5K
Other Liab124.8M128.9M217.2M228.2M262.4M275.6M
Other Assets87.6M198.8M107.1M79.8M91.7M80.4M
Long Term Debt266.2M217.1M174.9M198.4M162.0M119.1M
Property Plant Equipment683.6M678.7M802.6M810.5M932.1M536.7M
Current Deferred Revenue10.1M500K6.2M6.3M10.4M13.7M
Short Term Investments116.6M65.4M48.3M167.7M67.8M62.3M
Net Tangible Assets668.2M783.1M502.2M880.1M1.0B586.1M
Retained Earnings Total Equity533.2M595.9M801.3M1.1B1.3B1.3B
Long Term Debt Total266.2M217.1M174.9M198.4M228.1M176.1M
Capital Surpluse333.9M342.4M318.0M339.6M390.5M345.6M

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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
7.96
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.