Arcturus Net Working Capital vs Net Debt Analysis

ARCT Stock

USD 16.91 0.16 0.94%

Arcturus Therapeutics financial indicator trend analysis is way more than just evaluating Arcturus Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcturus Therapeutics is a good investment. Please check the relationship between Arcturus Therapeutics Net Working Capital and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcturus Therapeutics Holdings. 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.

Net Working Capital vs Net Debt

Net Working Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcturus Therapeutics Net Working Capital account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Arcturus Therapeutics' Net Working Capital and Net Debt is -0.99. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Arcturus Therapeutics Holdings, assuming nothing else is changed. The correlation between historical values of Arcturus Therapeutics' Net Working Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Arcturus Therapeutics Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Working Capital i.e., Arcturus Therapeutics' Net Working Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Working Capital

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Arcturus Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcturus Therapeutics 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 Arcturus Therapeutics Holdings. 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.

At this time, Arcturus Therapeutics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 578.5 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.7M	420K	767K	530.0K
Depreciation And Amortization	1.2M	1.5M	3.0M	3.1M

Interest Expense Depreciation And Amortization

Arcturus Therapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Net Tangible Assets	Other Assets	Inventory
Total Assets		0.86	0.92	0.98	0.82	-0.97	-0.91	0.84	0.98	0.79	0.59	0.92	0.61	-0.25	0.95	0.66	0.99	0.92	0.81	1.0	-0.24	0.76	0.54	0.95	0.9	-0.7
Other Current Liab	0.86		0.96	0.78	0.89	-0.79	-0.86	0.7	0.85	0.86	0.38	0.81	0.44	-0.22	0.87	0.49	0.86	0.91	0.84	0.84	-0.21	0.93	0.86	0.73	0.64	-0.82
Total Current Liabilities	0.92	0.96		0.83	0.88	-0.84	-0.95	0.78	0.9	0.84	0.6	0.84	0.54	-0.22	0.95	0.59	0.93	0.99	0.84	0.91	-0.22	0.94	0.77	0.78	0.68	-0.77
Total Stockholder Equity	0.98	0.78	0.83		0.74	-0.98	-0.82	0.81	0.97	0.72	0.51	0.92	0.56	-0.25	0.88	0.61	0.95	0.83	0.73	0.98	-0.24	0.65	0.45	0.98	0.96	-0.62
Property Plant And Equipment Net	0.82	0.89	0.88	0.74		-0.67	-0.89	0.5	0.72	0.96	0.57	0.61	0.78	-0.23	0.86	0.81	0.86	0.89	0.99	0.79	-0.23	0.74	0.6	0.68	0.56	-0.97
Net Debt	-0.97	-0.79	-0.84	-0.98	-0.67		0.79	-0.91	-0.99	-0.64	-0.49	-0.97	-0.44	0.25	-0.89	-0.49	-0.92	-0.84	-0.65	-0.98	0.25	-0.71	-0.51	-0.97	-0.96	0.53
Retained Earnings	-0.91	-0.86	-0.95	-0.82	-0.89	0.79		-0.68	-0.84	-0.87	-0.75	-0.77	-0.7	0.24	-0.95	-0.75	-0.96	-0.97	-0.88	-0.89	0.23	-0.82	-0.59	-0.76	-0.65	0.8
Accounts Payable	0.84	0.7	0.78	0.81	0.5	-0.91	-0.68		0.91	0.45	0.38	0.93	0.22	-0.17	0.83	0.26	0.77	0.78	0.46	0.85	-0.16	0.75	0.51	0.8	0.83	-0.31
Cash	0.98	0.85	0.9	0.97	0.72	-0.99	-0.84	0.91		0.69	0.51	0.97	0.45	-0.26	0.92	0.51	0.94	0.89	0.69	0.99	-0.26	0.78	0.58	0.95	0.93	-0.59
Non Current Assets Total	0.79	0.86	0.84	0.72	0.96	-0.64	-0.87	0.45	0.69		0.55	0.59	0.75	-0.21	0.82	0.78	0.84	0.85	0.96	0.76	-0.21	0.7	0.58	0.66	0.52	-0.94
Non Currrent Assets Other	0.59	0.38	0.6	0.51	0.57	-0.49	-0.75	0.38	0.51	0.55		0.39	0.76	-0.25	0.67	0.79	0.67	0.68	0.62	0.58	-0.25	0.42	0.07	0.54	0.4	-0.47
Cash And Short Term Investments	0.92	0.81	0.84	0.92	0.61	-0.97	-0.77	0.93	0.97	0.59	0.39		0.29	-0.22	0.85	0.35	0.87	0.82	0.57	0.94	-0.22	0.77	0.61	0.9	0.9	-0.49
Net Receivables	0.61	0.44	0.54	0.56	0.78	-0.44	-0.7	0.22	0.45	0.75	0.76	0.29		-0.11	0.66	0.99	0.68	0.63	0.84	0.58	-0.11	0.26	-0.01	0.54	0.42	-0.75
Common Stock Total Equity	-0.25	-0.22	-0.22	-0.25	-0.23	0.25	0.24	-0.17	-0.26	-0.21	-0.25	-0.22	-0.11		-0.19	-0.18	-0.26	-0.21	-0.23	-0.24	1.0	-0.17	-0.17	-0.32	-0.25	0.28
Common Stock Shares Outstanding	0.95	0.87	0.95	0.88	0.86	-0.89	-0.95	0.83	0.92	0.82	0.67	0.85	0.66	-0.19		0.69	0.96	0.98	0.85	0.95	-0.19	0.83	0.57	0.84	0.77	-0.74
Other Current Assets	0.66	0.49	0.59	0.61	0.81	-0.49	-0.75	0.26	0.51	0.78	0.79	0.35	0.99	-0.18	0.69		0.73	0.67	0.87	0.63	-0.17	0.32	0.05	0.59	0.47	-0.78
Other Stockholder Equity	0.99	0.86	0.93	0.95	0.86	-0.92	-0.96	0.77	0.94	0.84	0.67	0.87	0.68	-0.26	0.96	0.73		0.94	0.85	0.98	-0.25	0.77	0.54	0.91	0.83	-0.76
Total Liab	0.92	0.91	0.99	0.83	0.89	-0.84	-0.97	0.78	0.89	0.85	0.68	0.82	0.63	-0.21	0.98	0.67	0.94		0.87	0.91	-0.21	0.9	0.67	0.79	0.69	-0.77
Property Plant And Equipment Gross	0.81	0.84	0.84	0.73	0.99	-0.65	-0.88	0.46	0.69	0.96	0.62	0.57	0.84	-0.23	0.85	0.87	0.85	0.87		0.77	-0.22	0.67	0.51	0.68	0.55	-0.96
Total Current Assets	1.0	0.84	0.91	0.98	0.79	-0.98	-0.89	0.85	0.99	0.76	0.58	0.94	0.58	-0.24	0.95	0.63	0.98	0.91	0.77		-0.24	0.75	0.53	0.96	0.92	-0.66
Common Stock	-0.24	-0.21	-0.22	-0.24	-0.23	0.25	0.23	-0.16	-0.26	-0.21	-0.25	-0.22	-0.11	1.0	-0.19	-0.17	-0.25	-0.21	-0.22	-0.24		-0.16	-0.16	-0.32	-0.25	0.27
Short Long Term Debt Total	0.76	0.93	0.94	0.65	0.74	-0.71	-0.82	0.75	0.78	0.7	0.42	0.77	0.26	-0.17	0.83	0.32	0.77	0.9	0.67	0.75	-0.16		0.9	0.6	0.51	-0.63
Short Term Debt	0.54	0.86	0.77	0.45	0.6	-0.51	-0.59	0.51	0.58	0.58	0.07	0.61	-0.01	-0.17	0.57	0.05	0.54	0.67	0.51	0.53	-0.16	0.9		0.39	0.31	-0.57
Net Tangible Assets	0.95	0.73	0.78	0.98	0.68	-0.97	-0.76	0.8	0.95	0.66	0.54	0.9	0.54	-0.32	0.84	0.59	0.91	0.79	0.68	0.96	-0.32	0.6	0.39		0.97	-0.56
Other Assets	0.9	0.64	0.68	0.96	0.56	-0.96	-0.65	0.83	0.93	0.52	0.4	0.9	0.42	-0.25	0.77	0.47	0.83	0.69	0.55	0.92	-0.25	0.51	0.31	0.97		-0.44
Inventory	-0.7	-0.82	-0.77	-0.62	-0.97	0.53	0.8	-0.31	-0.59	-0.94	-0.47	-0.49	-0.75	0.28	-0.74	-0.78	-0.76	-0.77	-0.96	-0.66	0.27	-0.63	-0.57	-0.56	-0.44

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Arcturus Therapeutics Account Relationship Matchups

Arcturus Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	82.1M	476.5M	392.8M	450.4M	429.4M	450.9M
Other Current Liab	6.3M	17.8M	22.0M	53.7M	24.4M	25.6M
Total Current Liabilities	21.3M	49.5M	99.5M	127.0M	82.0M	86.1M
Total Stockholder Equity	25.8M	396.6M	228.2M	270.3M	278.5M	292.4M
Property Plant And Equipment Net	7.5M	8.6M	11.3M	45.0M	40.9M	43.0M
Net Debt	(51.5M)	(445.0M)	(302.9M)	(301.0M)	(261.8M)	(248.7M)
Retained Earnings	(71.7M)	(143.8M)	(347.5M)	(338.1M)	(367.9M)	(349.5M)
Accounts Payable	5.8M	10.8M	10.1M	7.4M	5.3M	3.8M
Cash	71.4M	462.9M	370.5M	391.9M	292.0M	306.6M
Non Current Assets Total	7.9M	8.7M	13.9M	47.1M	42.8M	45.0M
Cash And Short Term Investments	71.4M	462.9M	370.5M	391.9M	292.0M	156.3M
Net Receivables	2.2M	2.1M	3.4M	2.8M	32.1M	33.7M
Common Stock Total Equity	212K	214K	15K	26K	29.9K	28.4K
Common Stock Shares Outstanding	12.1M	20.3M	26.3M	27.1M	26.6M	28.0M
Liabilities And Stockholders Equity	82.1M	476.5M	392.8M	450.4M	429.4M	450.9M
Other Current Assets	758K	5.5M	10.2M	8.7M	62.5M	65.6M
Other Stockholder Equity	97.4M	540.3M	575.7M	608.4M	646.4M	678.7M
Total Liab	56.4M	79.9M	164.6M	180.1M	150.9M	158.4M
Property Plant And Equipment Gross	7.5M	8.6M	11.3M	45.0M	49.7M	52.2M
Total Current Assets	74.3M	467.8M	379.0M	403.3M	386.6M	405.9M
Common Stock	214K	15K	26K	27K	31.1K	29.5K
Short Long Term Debt Total	19.8M	17.9M	67.6M	90.9M	30.2M	32.6M
Net Tangible Assets	13.6M	25.8M	396.6M	228.2M	262.4M	275.6M
Property Plant Equipment	7.5M	3.4M	11.3M	45.0M	51.7M	54.3M
Capital Surpluse	58.3M	97.4M	540.3M	575.7M	662.0M	695.1M
Other Liab	15.2M	12.5M	19.9M	22.9M	26.3M	14.0M
Current Deferred Revenue	8.4M	18.1M	43.5M	28.6M	47.3M	49.7M
Non Current Liabilities Total	35.0M	30.4M	65.1M	53.1M	68.9M	38.6M
Net Invested Capital	40.8M	411.6M	291.3M	331.0M	278.5M	221.7M
Net Working Capital	53.0M	418.3M	279.4M	276.3M	304.6M	220.1M

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