Aurora Accounts Payable vs Non Currrent Assets Other Analysis

ARR Stock   231.00  2.00  0.86%   
Aurora Investment financial indicator trend analysis is way more than just evaluating Aurora Investment Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Investment Trust is a good investment. Please check the relationship between Aurora Investment Accounts Payable and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Investment Trust Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurora Investment's Accounts Payable and Non Currrent Assets Other is 0.71. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aurora Investment Trust, assuming nothing else is changed. The correlation between historical values of Aurora Investment's Accounts Payable and Non Currrent Assets Other 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 Aurora Investment Trust are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Aurora Investment's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Aurora Investment 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 Aurora Investment Trust 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Aurora Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Investment Trust 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 Aurora Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Aurora Investment's Tax Provision is projected to increase significantly based on the last few years of reporting.

Aurora Investment fundamental ratios Correlations

-0.180.69-0.621.0-0.74-0.70.691.0-1.00.69-0.030.990.98-0.620.98-0.60.610.980.560.61-0.18-0.710.940.95-0.58
-0.180.18-0.22-0.190.19-0.18-0.06-0.180.16-0.060.26-0.22-0.170.41-0.20.49-0.01-0.190.080.01-0.030.32-0.14-0.170.33
0.690.18-0.930.7-0.84-0.520.730.67-0.680.73-0.190.710.7-0.760.73-0.710.70.730.670.91-0.28-0.530.720.69-0.22
-0.62-0.22-0.93-0.630.620.48-0.45-0.620.62-0.450.23-0.65-0.640.78-0.660.72-0.41-0.66-0.45-0.890.340.56-0.63-0.610.25
1.0-0.190.7-0.63-0.75-0.70.691.0-1.00.69-0.050.990.98-0.640.98-0.620.610.980.560.62-0.19-0.720.940.95-0.58
-0.740.19-0.840.62-0.750.48-0.95-0.720.73-0.950.18-0.75-0.740.72-0.780.71-0.93-0.77-0.75-0.750.160.48-0.8-0.750.23
-0.7-0.18-0.520.48-0.70.48-0.5-0.70.71-0.5-0.42-0.69-0.720.29-0.70.25-0.47-0.71-0.44-0.520.370.4-0.69-0.680.27
0.69-0.060.73-0.450.69-0.95-0.50.66-0.671.0-0.050.670.66-0.470.7-0.460.980.680.770.58-0.04-0.390.720.67-0.21
1.0-0.180.67-0.621.0-0.72-0.70.66-1.00.66-0.030.990.98-0.620.97-0.60.570.970.540.6-0.18-0.720.930.95-0.6
-1.00.16-0.680.62-1.00.730.71-0.67-1.0-0.670.03-0.99-0.980.62-0.980.6-0.59-0.98-0.55-0.610.20.69-0.95-0.970.55
0.69-0.060.73-0.450.69-0.95-0.51.00.66-0.67-0.050.670.66-0.470.7-0.460.980.680.770.58-0.04-0.390.720.67-0.21
-0.030.26-0.190.23-0.050.18-0.42-0.05-0.030.03-0.05-0.04-0.040.4-0.060.4-0.01-0.05-0.06-0.05-0.030.15-0.05-0.030.05
0.99-0.220.71-0.650.99-0.75-0.690.670.99-0.990.67-0.040.99-0.690.99-0.680.590.990.580.65-0.24-0.70.940.95-0.55
0.98-0.170.7-0.640.98-0.74-0.720.660.98-0.980.66-0.040.99-0.661.0-0.650.61.00.580.65-0.24-0.640.960.96-0.48
-0.620.41-0.760.78-0.640.720.29-0.47-0.620.62-0.470.4-0.69-0.66-0.71.0-0.44-0.7-0.39-0.830.350.57-0.67-0.650.28
0.98-0.20.73-0.660.98-0.78-0.70.70.97-0.980.7-0.060.991.0-0.7-0.690.631.00.620.68-0.27-0.640.960.96-0.46
-0.60.49-0.710.72-0.620.710.25-0.46-0.60.6-0.460.4-0.68-0.651.0-0.69-0.43-0.69-0.37-0.790.340.55-0.66-0.640.27
0.61-0.010.7-0.410.61-0.93-0.470.980.57-0.590.98-0.010.590.6-0.440.63-0.430.620.780.56-0.07-0.250.710.66-0.02
0.98-0.190.73-0.660.98-0.77-0.710.680.97-0.980.68-0.050.991.0-0.71.0-0.690.620.620.68-0.28-0.640.960.96-0.46
0.560.080.67-0.450.56-0.75-0.440.770.54-0.550.77-0.060.580.58-0.390.62-0.370.780.620.5-0.4-0.260.650.59-0.01
0.610.010.91-0.890.62-0.75-0.520.580.6-0.610.58-0.050.650.65-0.830.68-0.790.560.680.5-0.34-0.530.660.62-0.17
-0.18-0.03-0.280.34-0.190.160.37-0.04-0.180.2-0.04-0.03-0.24-0.240.35-0.270.34-0.07-0.28-0.4-0.340.0-0.28-0.25-0.16
-0.710.32-0.530.56-0.720.480.4-0.39-0.720.69-0.390.15-0.7-0.640.57-0.640.55-0.25-0.64-0.26-0.530.0-0.5-0.550.86
0.94-0.140.72-0.630.94-0.8-0.690.720.93-0.950.72-0.050.940.96-0.670.96-0.660.710.960.650.66-0.28-0.50.99-0.27
0.95-0.170.69-0.610.95-0.75-0.680.670.95-0.970.67-0.030.950.96-0.650.96-0.640.660.960.590.62-0.25-0.550.99-0.34
-0.580.33-0.220.25-0.580.230.27-0.21-0.60.55-0.210.05-0.55-0.480.28-0.460.27-0.02-0.46-0.01-0.17-0.160.86-0.27-0.34
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Aurora Investment Account Relationship Matchups

Aurora Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.8M163.2M194.5M154.9M208.8M219.3M
Other Current Liab1.5M286K330K107K115K120.8K
Total Current Liabilities1.5M286K330K107K230K218.5K
Total Stockholder Equity154.4M162.9M194.2M154.8M208.7M219.1M
Net Debt(16.6M)(5.1M)(7.7M)(5.3M)(6.2M)(5.9M)
Cash16.6M5.1M7.7M5.3M6.2M6.6M
Non Current Assets Total138.8M157.9M186.6M149.2M202.2M212.3M
Non Currrent Assets Other(138.8M)(157.9M)(186.6M)(149.2M)(202.2M)(192.1M)
Cash And Short Term Investments16.6M5.1M7.7M5.3M6.2M6.6M
Net Receivables422K258K222K310K372K280.4K
Common Stock Total Equity10.6M13.9M16.6M18.8M21.6M22.7M
Common Stock Shares Outstanding60.8M72.6M76.3M76.6M76.1M79.9M
Liabilities And Stockholders Equity155.8M163.2M194.5M154.9M208.8M219.3M
Non Current Liabilities Total1.5M286K330K107K115K109.3K
Other Stockholder Equity97.2M108.4M111.0M111.0M111.2M116.7M
Total Liab1.5M286K330K107K115K109.3K
Total Current Assets17.0M5.3M7.9M5.7M6.6M3.3M
Common Stock16.6M18.8M19.1M19.2M19.0M20.0M
Retained Earnings27.0M21.6M2.0M2.9M3.3M2.7M
Accumulated Other Comprehensive Income13.6M14.1M62.1M21.7M75.3M79.0M
Net Tangible Assets154.4M162.9M194.2M154.8M178.0M115.2M
Long Term Investments138.8M157.9M186.6M149.2M202.2M121.2M
Other Assets101.1M155.8M163.2M194.5M223.7M129.0M
Capital Surpluse54.0M77.8M97.2M108.4M124.7M81.4M
Capital Stock16.6M18.8M19.1M19.2M19.0M19.5M

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Other Information on Investing in Aurora Stock

Balance Sheet is a snapshot of the financial position of Aurora Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Aurora Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aurora Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aurora currently owns. An asset can also be divided into two categories, current and non-current.