Arrow Accounts Payable vs Total Assets Analysis

AROW Stock  USD 32.70  0.31  0.96%   
Arrow Financial financial indicator trend analysis is way more than just evaluating Arrow Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Financial is a good investment. Please check the relationship between Arrow Financial Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Financial. 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 Arrow Stock please use our How to Invest in Arrow Financial guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Financial Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arrow Financial's Accounts Payable and Total Assets is 0.9. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Arrow Financial, assuming nothing else is changed. The correlation between historical values of Arrow Financial's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Arrow Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Arrow Financial's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Arrow Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Arrow Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Arrow Financial 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 Arrow Financial 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.
Most indicators from Arrow Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow Financial 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 Arrow Financial. 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 Arrow Stock please use our How to Invest in Arrow Financial guide.At this time, Arrow Financial's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.27 in 2024.
 2021 2022 2023 2024 (projected)
Operating Income64.4M74.2M57.6M60.4M
Other Operating Expenses78.3M9.8M133.9M140.6M

Arrow Financial fundamental ratios Correlations

0.790.340.260.830.58-0.120.680.280.430.270.580.420.330.80.390.480.170.18-0.070.820.860.650.56-0.480.12
0.790.080.381.00.9-0.430.920.510.610.360.150.410.561.00.370.85-0.26-0.05-0.160.830.860.670.90.01-0.3
0.340.08-0.070.12-0.20.64-0.16-0.24-0.15-0.030.64-0.01-0.170.140.33-0.280.680.970.580.20.24-0.260.03-0.50.69
0.260.38-0.070.380.12-0.740.180.94-0.21-0.37-0.090.73-0.220.32-0.690.090.02-0.150.170.350.380.720.330.21-0.08
0.831.00.120.380.88-0.410.910.50.60.350.180.430.541.00.370.82-0.23-0.01-0.160.850.880.680.89-0.04-0.27
0.580.9-0.20.120.88-0.440.960.320.80.54-0.130.160.770.90.50.96-0.58-0.28-0.430.640.640.510.850.13-0.59
-0.12-0.430.64-0.74-0.41-0.44-0.44-0.88-0.20.030.47-0.51-0.2-0.360.54-0.480.50.710.26-0.23-0.23-0.76-0.42-0.520.56
0.680.92-0.160.180.910.96-0.440.360.720.440.020.290.670.910.450.95-0.43-0.28-0.410.710.730.60.830.12-0.46
0.280.51-0.240.940.50.32-0.880.360.0-0.2-0.190.7-0.010.44-0.60.34-0.16-0.330.050.430.440.820.460.39-0.25
0.430.61-0.15-0.210.60.8-0.20.720.00.92-0.01-0.310.990.610.610.76-0.48-0.21-0.320.370.320.210.59-0.12-0.37
0.270.36-0.03-0.370.350.540.030.44-0.20.920.1-0.550.930.370.610.5-0.28-0.07-0.050.180.11-0.050.37-0.24-0.11
0.580.150.64-0.090.18-0.130.470.02-0.19-0.010.10.13-0.090.180.33-0.170.810.570.390.480.480.07-0.01-0.680.8
0.420.41-0.010.730.430.16-0.510.290.7-0.31-0.550.13-0.370.38-0.420.180.19-0.1-0.10.440.520.690.340.22-0.03
0.330.56-0.17-0.220.540.77-0.20.67-0.010.990.93-0.09-0.370.560.580.73-0.53-0.22-0.310.30.240.150.57-0.08-0.4
0.81.00.140.321.00.9-0.360.910.440.610.370.180.380.560.430.84-0.240.01-0.150.840.870.620.89-0.03-0.28
0.390.370.33-0.690.370.50.540.45-0.60.610.610.33-0.420.580.430.44-0.090.32-0.180.320.31-0.280.34-0.36-0.01
0.480.85-0.280.090.820.96-0.480.950.340.760.5-0.170.180.730.840.44-0.57-0.37-0.40.570.570.490.810.33-0.58
0.17-0.260.680.02-0.23-0.580.5-0.43-0.16-0.48-0.280.810.19-0.53-0.24-0.09-0.570.640.630.030.07-0.17-0.33-0.440.97
0.18-0.050.97-0.15-0.01-0.280.71-0.28-0.33-0.21-0.070.57-0.1-0.220.010.32-0.370.640.560.110.13-0.39-0.05-0.470.67
-0.07-0.160.580.17-0.16-0.430.26-0.410.05-0.32-0.050.39-0.1-0.31-0.15-0.18-0.40.630.56-0.06-0.05-0.22-0.2-0.120.72
0.820.830.20.350.850.64-0.230.710.430.370.180.480.440.30.840.320.570.030.11-0.060.990.690.67-0.21-0.03
0.860.860.240.380.880.64-0.230.730.440.320.110.480.520.240.870.310.570.070.13-0.050.990.70.69-0.2-0.02
0.650.67-0.260.720.680.51-0.760.60.820.21-0.050.070.690.150.62-0.280.49-0.17-0.39-0.220.690.70.480.09-0.28
0.560.90.030.330.890.85-0.420.830.460.590.37-0.010.340.570.890.340.81-0.33-0.05-0.20.670.690.480.15-0.36
-0.480.01-0.50.21-0.040.13-0.520.120.39-0.12-0.24-0.680.22-0.08-0.03-0.360.33-0.44-0.47-0.12-0.21-0.20.090.15-0.5
0.12-0.30.69-0.08-0.27-0.590.56-0.46-0.25-0.37-0.110.8-0.03-0.4-0.28-0.01-0.580.970.670.72-0.03-0.02-0.28-0.36-0.5
Click cells to compare fundamentals

Arrow Financial Account Relationship Matchups

Arrow Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.9M16.9M17.1M16.6M17.0M18.0M
Total Assets3.2B3.7B4.0B4.0B4.2B4.4B
Short Long Term Debt Total185.3M70.2M70.2M79.9M56.7M111.7M
Total Current Liabilities130M937.7M811.1M27M24.3M23.1M
Total Stockholder Equity301.7M334.4M371.2M353.5M379.8M398.8M
Property Plant And Equipment Net40.6M42.6M46.2M56.5M64.6M67.8M
Net Debt115.0M(310.8M)(387.5M)15.3M(85.8M)(81.5M)
Retained Earnings33.2M41.9M54.1M65.4M65.8M69.1M
Cash70.2M381.0M457.7M64.7M142.5M78.3M
Non Current Assets Total678.9M657.1M827.6M837.0M4.0B4.2B
Non Currrent Assets Other(678.9M)(657.1M)(827.6M)(837.0M)3.9B4.1B
Other Assets2.1B2.3B2.2B2.5B2.9B2.1B
Cash And Short Term Investments427.6M746.3M1.0B638.2M142.5M229.1M
Liabilities And Stockholders Equity3.2B3.7B4.0B4.0B4.2B4.4B
Non Current Liabilities Total55.3M70.2M70.2M27M3.8B4.0B
Other Stockholder Equity255.3M273.1M296.0M316.4M325.3M341.6M
Total Liab2.9B70.2M70.2M3.6B3.8B4.0B
Property Plant And Equipment Gross40.6M42.6M88.6M102.0M108.8M114.2M
Total Current Assets427.6M746.3M1.0B638.2M142.5M135.4M
Accumulated Other Comprehensive Income(6.4M)(816K)347K(49.7M)(33.4M)(31.7M)
Short Term Debt130M18.3M874K27M20M37.5M
Other Current Liab(130M)919.4M810.3M(27M)(20M)(19M)
Common Stock Total Equity19.0M19.6M20.2M20.8M23.9M16.9M
Common Stock19.6M20.2M20.8M21.4M22.1M17.5M
Other Liab24.4M31.8M36.1M24.4M28.0M23.9M
Accounts Payable2.6B3.2B3.6B3.5B4.0B4.2B
Other Current Assets70.2M381.0M457.7M142.5M128.3M121.9M
Treasury Stock(79.3M)(80.1M)(80.5M)(82.0M)(73.8M)(77.5M)
Intangible Assets1.7M2.0M1.9M1.5M1.1M1.1M
Property Plant Equipment35.5M42.6M46.2M62.1M71.4M75.0M
Short Term Investments357.3M365.3M559.3M573.5M659.5M378.5M
Inventory1.3M155K126K593K682.0K720.7K
Net Tangible Assets278.2M310.6M347.4M331.0M380.6M253.5M
Retained Earnings Total Equity29.3M33.2M41.9M54.1M62.2M35.5M
Capital Surpluse314.5M335.4M353.7M378.0M434.7M308.9M
Long Term Investments3.0B583.7M757.6M757.1M636.1M1.3B
Non Current Liabilities Other74.2M86.5M54.5M41.3M47.5M62.4M

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