Arko Interest Coverage vs Roic Analysis

ARKOW Stock  USD 0.51  0.01  2.00%   
Arko Corp financial indicator trend analysis is way more than just evaluating Arko Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arko Corp is a good investment. Please check the relationship between Arko Corp Interest Coverage and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arko 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 persons.
For more information on how to buy Arko Stock please use our How to Invest in Arko Corp guide.

Interest Coverage vs Roic

Interest Coverage vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arko Corp Interest Coverage account and Roic. At this time, the significance of the direction appears to have very week relationship.
The correlation between Arko Corp's Interest Coverage and Roic is 0.22. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Roic in the same time period over historical financial statements of Arko Corp, assuming nothing else is changed. The correlation between historical values of Arko Corp's Interest Coverage and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Arko Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Interest Coverage i.e., Arko Corp's Interest Coverage and Roic go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Coverage

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Arko Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arko 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 Arko 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 persons.
For more information on how to buy Arko Stock please use our How to Invest in Arko Corp guide.Enterprise Value is likely to climb to about 4.2 B in 2024, whereas Tax Provision is likely to drop slightly above 8.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit367.5M418.6M423.6M351.7M
Total Revenue7.4B9.1B9.4B6.5B

Arko Corp fundamental ratios Correlations

0.650.66-0.59-0.010.680.030.750.690.71-0.060.930.450.440.05-0.020.170.070.130.060.180.220.110.060.130.25
0.650.97-0.32-0.741.00.080.881.00.26-0.710.840.96-0.25-0.7-0.73-0.6-0.64-0.64-0.64-0.61-0.51-0.63-0.69-0.62-0.57
0.660.97-0.21-0.650.98-0.060.870.970.32-0.710.840.94-0.29-0.68-0.73-0.54-0.6-0.61-0.59-0.58-0.39-0.62-0.68-0.59-0.51
-0.59-0.32-0.210.08-0.31-0.65-0.21-0.28-0.8-0.36-0.62-0.11-0.58-0.24-0.24-0.34-0.41-0.34-0.4-0.17-0.1-0.38-0.24-0.4-0.18
-0.01-0.74-0.650.08-0.7-0.32-0.42-0.690.170.77-0.31-0.830.60.90.870.860.790.870.790.910.890.810.90.820.94
0.681.00.98-0.31-0.70.050.891.00.29-0.70.860.95-0.24-0.68-0.72-0.57-0.61-0.62-0.61-0.59-0.47-0.62-0.67-0.6-0.53
0.030.08-0.06-0.65-0.320.05-0.130.020.330.150.120.060.07-0.030.00.060.210.10.17-0.13-0.380.19-0.030.2-0.16
0.750.880.87-0.21-0.420.89-0.130.90.22-0.650.820.82-0.18-0.52-0.58-0.46-0.55-0.49-0.56-0.37-0.31-0.53-0.51-0.49-0.29
0.691.00.97-0.28-0.691.00.020.90.27-0.70.850.95-0.23-0.67-0.71-0.57-0.63-0.62-0.63-0.57-0.46-0.62-0.67-0.6-0.52
0.710.260.32-0.80.170.290.330.220.270.390.710.070.570.340.290.540.550.470.560.30.450.470.330.520.39
-0.06-0.71-0.71-0.360.77-0.70.15-0.65-0.70.39-0.27-0.870.820.950.970.930.960.950.960.860.780.950.950.940.82
0.930.840.84-0.62-0.310.860.120.820.850.71-0.270.680.21-0.23-0.29-0.08-0.14-0.14-0.14-0.15-0.02-0.15-0.23-0.11-0.07
0.450.960.94-0.11-0.830.950.060.820.950.07-0.870.68-0.52-0.87-0.9-0.77-0.79-0.81-0.79-0.79-0.67-0.8-0.87-0.78-0.74
0.44-0.25-0.29-0.580.6-0.240.07-0.18-0.230.570.820.21-0.520.850.830.820.780.840.780.840.760.840.850.810.8
0.05-0.7-0.68-0.240.9-0.68-0.03-0.52-0.670.340.95-0.23-0.870.850.990.960.930.980.930.970.870.961.00.950.95
-0.02-0.73-0.73-0.240.87-0.720.0-0.58-0.710.290.97-0.29-0.90.830.990.940.920.970.920.950.830.950.990.940.91
0.17-0.6-0.54-0.340.86-0.570.06-0.46-0.570.540.93-0.08-0.770.820.960.940.970.990.970.920.890.980.960.990.93
0.07-0.64-0.6-0.410.79-0.610.21-0.55-0.630.550.96-0.14-0.790.780.930.920.970.970.990.850.80.970.930.980.85
0.13-0.64-0.61-0.340.87-0.620.1-0.49-0.620.470.95-0.14-0.810.840.980.970.990.970.960.950.860.990.980.990.94
0.06-0.64-0.59-0.40.79-0.610.17-0.56-0.630.560.96-0.14-0.790.780.930.920.970.990.960.840.830.960.920.980.84
0.18-0.61-0.58-0.170.91-0.59-0.13-0.37-0.570.30.86-0.15-0.790.840.970.950.920.850.950.840.880.920.970.910.98
0.22-0.51-0.39-0.10.89-0.47-0.38-0.31-0.460.450.78-0.02-0.670.760.870.830.890.80.860.830.880.80.870.810.91
0.11-0.63-0.62-0.380.81-0.620.19-0.53-0.620.470.95-0.15-0.80.840.960.950.980.970.990.960.920.80.960.990.9
0.06-0.69-0.68-0.240.9-0.67-0.03-0.51-0.670.330.95-0.23-0.870.851.00.990.960.930.980.920.970.870.960.950.95
0.13-0.62-0.59-0.40.82-0.60.2-0.49-0.60.520.94-0.11-0.780.810.950.940.990.980.990.980.910.810.990.950.9
0.25-0.57-0.51-0.180.94-0.53-0.16-0.29-0.520.390.82-0.07-0.740.80.950.910.930.850.940.840.980.910.90.950.9
Click cells to compare fundamentals

Arko Corp Account Relationship Matchups

Arko Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab58.2M89.0M94.5M107.4M126.0M100.8M
Total Current Liabilities340.5M387.1M408.4M446.4M486.2M365.0M
Other Liab133.2M37.4M73.0M197.4M177.7M130.8M
Net Tangible Assets(45.6M)(93.2M)(174.0M)(130.2M)(117.2M)(123.0M)
Retained Earnings(43.4M)(30.2M)29.5M81.8M96.1M100.9M
Accounts Payable128.8M155.7M172.9M217.4M213.7M158.1M
Other Assets75.7M53.8M1.2B65.7M75.5M71.8M
Net Receivables59.8M46.9M62.3M118.1M200.3M210.3M
Inventory157.8M163.7M197.8M222.0M250.6M173.5M
Other Current Assets15.1M98.5M105.2M103.4M76.2M79.5M
Other Stockholder Equity104.7M212.1M214.8M190.0M170.9M145.0M
Total Current Assets290.1M609.4M683.6M747.1M749.1M661.9M
Property Plant Equipment539.8M1.3B1.7B1.8B2.1B1.4B
Total Assets1.8B2.7B2.9B3.3B3.7B2.8B
Short Long Term Debt Total1.4B2.0B2.1B2.3B2.5B2.0B
Total Stockholder Equity65.8M318.0M353.5M380.8M376.1M290.3M
Cash32.1M293.7M252.1M298.5M218.1M206.2M
Long Term Debt218.7M708.8M676.6M740.0M828.6M614.8M
Cash And Short Term Investments32.1M293.7M310.9M300.9M222.0M218.1M
Good Will134.0M173.9M197.6M217.3M292.2M205.1M
Common Stock Shares Outstanding66.7M71.1M125.4M123.2M119.6M105.5M
Total Liab1.7B2.4B2.6B2.9B3.3B2.5B
Intangible Assets25.0M218.1M186.0M197.1M214.6M160.1M

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