Arrow Property Plant Equipment vs Total Current Assets Analysis

AROW Stock  USD 33.45  0.75  2.29%   
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 Property Plant Equipment and its Total Current 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.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Financial Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Arrow Financial's Property Plant Equipment and Total Current Assets is -0.51. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current 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 Property Plant Equipment and Total Current 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 Property Plant Equipment of Arrow Financial are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Arrow Financial's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Income64.4M74.2M2.4M2.3M
Other Operating Expenses78.3M9.8M73.0M50.7M

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

Also Currently Popular

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.

Additional Tools for Arrow Stock Analysis

When running Arrow Financial's price analysis, check to measure Arrow Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrow Financial is operating at the current time. Most of Arrow Financial's value examination focuses on studying past and present price action to predict the probability of Arrow Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Financial's price. Additionally, you may evaluate how the addition of Arrow Financial to your portfolios can decrease your overall portfolio volatility.