Arq Other Non Cash Items vs Depreciation Analysis

ARQ Stock

7.71 0.10 1.31%

Arq financial indicator trend analysis is way more than just evaluating Arq Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arq Inc is a good investment. Please check the relationship between Arq Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arq Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arq Inc Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Arq's Other Non Cash Items and Depreciation is 0.53. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Arq Inc, assuming nothing else is changed. The correlation between historical values of Arq's Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Arq Inc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Arq's Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Non Cash Items

Depreciation

Depreciation indicates how much of Arq Inc value has been used up. For tax purposes Arq can deduct the cost of the tangible assets it purchases as business expenses. However, Arq Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Arq's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arq Inc 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 Arq Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Arq's Issuance Of Capital Stock is relatively stable compared to the past year. As of 12/01/2024, Enterprise Value Over EBITDA is likely to grow to 49.82, while Sales General And Administrative To Revenue is likely to drop 0.25.

	2021	2022	2023	2024 (projected)
Interest Expense	336K	3.0M	2.7M	2.6M
Depreciation And Amortization	6.4M	10.5M	12.1M	12.7M

Interest Expense Depreciation And Amortization

Arq fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Long Term Investments	Non Current Liabilities Other
Total Assets		-0.66	0.32	0.92	0.87	-0.76	0.13	0.88	0.92	0.57	0.92	0.87	0.57	0.87	0.47	0.77	0.89	0.82	-0.47	0.67	0.87	0.29	0.82	-0.79	-0.82	0.9
Other Current Liab	-0.66		-0.01	-0.65	-0.75	0.81	-0.18	-0.78	-0.77	-0.35	-0.6	-0.73	-0.35	-0.3	-0.26	-0.52	-0.75	-0.73	0.56	-0.37	-0.59	-0.25	-0.57	0.59	0.6	-0.63
Total Current Liabilities	0.32	-0.01		-0.03	0.29	-0.35	0.7	0.27	0.26	-0.28	0.44	0.19	-0.28	0.57	-0.25	0.63	0.5	0.48	-0.53	0.84	0.1	0.84	0.0	-0.21	-0.11	-0.09
Total Stockholder Equity	0.92	-0.65	-0.03		0.79	-0.6	-0.18	0.81	0.86	0.7	0.81	0.86	0.7	0.72	0.61	0.49	0.69	0.66	-0.24	0.34	0.85	-0.04	0.87	-0.77	-0.83	0.97
Property Plant And Equipment Net	0.87	-0.75	0.29	0.79		-0.71	0.25	0.82	0.8	0.38	0.86	0.94	0.38	0.72	0.54	0.7	0.82	0.69	-0.43	0.61	0.69	0.23	0.8	-0.66	-0.76	0.79
Current Deferred Revenue	-0.76	0.81	-0.35	-0.6	-0.71		-0.32	-0.89	-0.71	-0.41	-0.65	-0.68	-0.41	-0.54	-0.01	-0.8	-0.85	-0.9	0.85	-0.7	-0.72	-0.6	-0.44	0.72	0.65	-0.58
Net Debt	0.13	-0.18	0.7	-0.18	0.25	-0.32		0.02	0.09	-0.67	0.41	-0.02	-0.67	0.13	0.0	0.54	0.46	0.25	-0.29	0.66	-0.25	0.81	0.08	0.25	0.28	-0.26
Retained Earnings	0.88	-0.78	0.27	0.81	0.82	-0.89	0.02		0.83	0.67	0.71	0.88	0.67	0.7	0.13	0.69	0.81	0.93	-0.75	0.6	0.9	0.34	0.55	-0.92	-0.87	0.8
Accounts Payable	0.92	-0.77	0.26	0.86	0.8	-0.71	0.09	0.83		0.53	0.83	0.83	0.53	0.77	0.42	0.68	0.88	0.79	-0.45	0.58	0.82	0.26	0.76	-0.78	-0.81	0.85
Cash	0.57	-0.35	-0.28	0.7	0.38	-0.41	-0.67	0.67	0.53		0.23	0.57	1.0	0.48	0.12	0.24	0.31	0.48	-0.31	0.06	0.88	-0.33	0.36	-0.8	-0.8	0.78
Non Current Assets Total	0.92	-0.6	0.44	0.81	0.86	-0.65	0.41	0.71	0.83	0.23		0.78	0.23	0.8	0.59	0.74	0.87	0.69	-0.32	0.7	0.61	0.42	0.86	-0.55	-0.6	0.73
Non Currrent Assets Other	0.87	-0.73	0.19	0.86	0.94	-0.68	-0.02	0.88	0.83	0.57	0.78		0.57	0.74	0.47	0.55	0.71	0.69	-0.44	0.46	0.78	0.1	0.77	-0.83	-0.9	0.86
Cash And Short Term Investments	0.57	-0.35	-0.28	0.7	0.38	-0.41	-0.67	0.67	0.53	1.0	0.23	0.57		0.48	0.12	0.24	0.31	0.48	-0.31	0.06	0.88	-0.33	0.36	-0.8	-0.8	0.78
Net Receivables	0.87	-0.3	0.57	0.72	0.72	-0.54	0.13	0.7	0.77	0.48	0.8	0.74	0.48		0.35	0.74	0.74	0.65	-0.39	0.74	0.76	0.33	0.65	-0.73	-0.77	0.72
Common Stock Shares Outstanding	0.47	-0.26	-0.25	0.61	0.54	-0.01	0.0	0.13	0.42	0.12	0.59	0.47	0.12	0.35		0.14	0.29	-0.07	0.46	0.0	0.22	-0.35	0.88	-0.04	-0.28	0.6
Non Current Liabilities Total	0.77	-0.52	0.63	0.49	0.7	-0.8	0.54	0.69	0.68	0.24	0.74	0.55	0.24	0.74	0.14		0.92	0.77	-0.66	0.95	0.64	0.66	0.47	-0.51	-0.52	0.5
Inventory	0.89	-0.75	0.5	0.69	0.82	-0.85	0.46	0.81	0.88	0.31	0.87	0.71	0.31	0.74	0.29	0.92		0.86	-0.62	0.85	0.72	0.57	0.65	-0.63	-0.63	0.67
Other Current Assets	0.82	-0.73	0.48	0.66	0.69	-0.9	0.25	0.93	0.79	0.48	0.69	0.69	0.48	0.65	-0.07	0.77	0.86		-0.84	0.73	0.79	0.59	0.38	-0.81	-0.67	0.6
Other Stockholder Equity	-0.47	0.56	-0.53	-0.24	-0.43	0.85	-0.29	-0.75	-0.45	-0.31	-0.32	-0.44	-0.31	-0.39	0.46	-0.66	-0.62	-0.84		-0.68	-0.54	-0.7	0.02	0.65	0.48	-0.23
Total Liab	0.67	-0.37	0.84	0.34	0.61	-0.7	0.66	0.6	0.58	0.06	0.7	0.46	0.06	0.74	0.0	0.95	0.85	0.73	-0.68		0.49	0.79	0.33	-0.45	-0.41	0.32
Total Current Assets	0.87	-0.59	0.1	0.85	0.69	-0.72	-0.25	0.9	0.82	0.88	0.61	0.78	0.88	0.76	0.22	0.64	0.72	0.79	-0.54	0.49		0.07	0.58	-0.91	-0.91	0.9
Short Term Debt	0.29	-0.25	0.84	-0.04	0.23	-0.6	0.81	0.34	0.26	-0.33	0.42	0.1	-0.33	0.33	-0.35	0.66	0.57	0.59	-0.7	0.79	0.07		-0.04	-0.17	-0.01	-0.14
Common Stock	0.82	-0.57	0.0	0.87	0.8	-0.44	0.08	0.55	0.76	0.36	0.86	0.77	0.36	0.65	0.88	0.47	0.65	0.38	0.02	0.33	0.58	-0.04		-0.46	-0.63	0.84
Short Long Term Debt Total	-0.79	0.59	-0.21	-0.77	-0.66	0.72	0.25	-0.92	-0.78	-0.8	-0.55	-0.83	-0.8	-0.73	-0.04	-0.51	-0.63	-0.81	0.65	-0.45	-0.91	-0.17	-0.46		0.94	-0.79
Long Term Investments	-0.82	0.6	-0.11	-0.83	-0.76	0.65	0.28	-0.87	-0.81	-0.8	-0.6	-0.9	-0.8	-0.77	-0.28	-0.52	-0.63	-0.67	0.48	-0.41	-0.91	-0.01	-0.63	0.94		-0.88
Non Current Liabilities Other	0.9	-0.63	-0.09	0.97	0.79	-0.58	-0.26	0.8	0.85	0.78	0.73	0.86	0.78	0.72	0.6	0.5	0.67	0.6	-0.23	0.32	0.9	-0.14	0.84	-0.79	-0.88

Click cells to compare fundamentals

Arq Account Relationship Matchups

Arq fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	156.1M	197.4M	192.2M	235.5M	270.8M	180.6M
Other Current Liab	13.1M	13.2M	804.0K	2.9M	2.6M	2.5M
Total Current Liabilities	42.5M	22.6M	23.9M	23.0M	26.5M	30.6M
Total Stockholder Equity	85.2M	147.3M	140.0M	178.4M	205.2M	120.6M
Property Plant And Equipment Net	31.4M	36.2M	42.6M	105.2M	121.0M	127.1M
Current Deferred Revenue	1.3M	807K	1.0M	948K	853.2K	1.2M
Net Debt	(4.1M)	(68.3M)	(54.0M)	(13.6M)	(12.3M)	(12.9M)
Retained Earnings	32.5M	92.9M	83.9M	71.5M	82.3M	86.4M
Accounts Payable	7.8M	5.5M	16.1M	14.6M	16.8M	8.4M
Cash	30.9M	78.8M	66.4M	45.4M	52.2M	42.6M
Non Current Assets Total	94.1M	89.0M	86.5M	149.0M	171.4M	105.6M
Non Currrent Assets Other	18.7M	19.8M	22.1M	35.9M	41.3M	43.4M
Cash And Short Term Investments	30.9M	78.8M	66.4M	45.4M	52.2M	42.6M
Net Receivables	16.6M	15.1M	13.9M	16.2M	18.6M	14.1M
Common Stock Shares Outstanding	18.0M	18.5M	18.5M	29.1M	33.5M	22.8M
Liabilities And Stockholders Equity	156.1M	197.4M	192.2M	235.5M	270.8M	180.6M
Non Current Liabilities Total	28.4M	27.5M	28.3M	34.1M	39.2M	29.4M
Inventory	9.9M	7.9M	17.8M	19.7M	22.6M	12.7M
Other Current Assets	4.6M	6.7M	7.5M	5.2M	6.0M	5.6M
Other Stockholder Equity	52.7M	54.4M	56.0M	106.8M	96.1M	58.4M
Total Liab	70.9M	50.1M	52.2M	57.1M	65.7M	60.0M
Total Current Assets	62.0M	108.4M	105.7M	86.5M	99.4M	75.0M
Short Term Debt	20.3M	3.2M	3.9M	4.6M	4.1M	3.9M
Short Long Term Debt Total	26.9M	10.5M	12.4M	31.7M	28.6M	27.4M
Intangible Assets	2.0M	1.2M	847K	7.9M	9.1M	9.5M

Pair Trading with Arq

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arq position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arq will appreciate offsetting losses from the drop in the long position's value.

Moving against Arq Stock

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0.56	SCWO	374Water Common Stock	Pair Corr
0.54	SPEC	Spectaire Holdings	Pair Corr
0.52	CDTI	CDTi Advanced Materials	Pair Corr
0.51	LIQT	LiqTech International	Pair Corr

The ability to find closely correlated positions to Arq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arq when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arq - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arq Inc to buy it.

The correlation of Arq is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arq Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Arq can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Arq Stock Analysis

When running Arq's price analysis, check to measure Arq'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 Arq is operating at the current time. Most of Arq's value examination focuses on studying past and present price action to predict the probability of Arq's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arq's price. Additionally, you may evaluate how the addition of Arq to your portfolios can decrease your overall portfolio volatility.

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