Aurora Cash And Short Term Investments vs Non Current Liabilities Total 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 Cash And Short Term Investments and its Non Current Liabilities Total 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.
Cash And Short Term Investments vs Non Current Liabilities Total
Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Investment Trust Cash And Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aurora Investment's Cash And Short Term Investments and Non Current Liabilities Total is -0.47. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Liabilities Total 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 Cash And Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Aurora Investment Trust are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash And Short Term Investments i.e., Aurora Investment's Cash And Short Term Investments and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Aurora Investment Trust balance sheet. This account contains Aurora Investment investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Aurora Investment Trust fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Current Liabilities Total
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
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Aurora Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aurora Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 155.8M | 163.2M | 194.5M | 154.9M | 208.8M | 219.3M | |
Other Current Liab | 1.5M | 286K | 330K | 107K | 115K | 120.8K | |
Total Current Liabilities | 1.5M | 286K | 330K | 107K | 230K | 218.5K | |
Total Stockholder Equity | 154.4M | 162.9M | 194.2M | 154.8M | 208.7M | 219.1M | |
Net Debt | (16.6M) | (5.1M) | (7.7M) | (5.3M) | (6.2M) | (5.9M) | |
Cash | 16.6M | 5.1M | 7.7M | 5.3M | 6.2M | 6.6M | |
Non Current Assets Total | 138.8M | 157.9M | 186.6M | 149.2M | 202.2M | 212.3M | |
Non Currrent Assets Other | (138.8M) | (157.9M) | (186.6M) | (149.2M) | (202.2M) | (192.1M) | |
Cash And Short Term Investments | 16.6M | 5.1M | 7.7M | 5.3M | 6.2M | 6.6M | |
Net Receivables | 422K | 258K | 222K | 310K | 372K | 280.4K | |
Common Stock Total Equity | 10.6M | 13.9M | 16.6M | 18.8M | 21.6M | 22.7M | |
Common Stock Shares Outstanding | 60.8M | 72.6M | 76.3M | 76.6M | 76.1M | 79.9M | |
Liabilities And Stockholders Equity | 155.8M | 163.2M | 194.5M | 154.9M | 208.8M | 219.3M | |
Non Current Liabilities Total | 1.5M | 286K | 330K | 107K | 115K | 109.3K | |
Other Stockholder Equity | 97.2M | 108.4M | 111.0M | 111.0M | 111.2M | 116.7M | |
Total Liab | 1.5M | 286K | 330K | 107K | 115K | 109.3K | |
Total Current Assets | 17.0M | 5.3M | 7.9M | 5.7M | 6.6M | 3.3M | |
Common Stock | 16.6M | 18.8M | 19.1M | 19.2M | 19.0M | 20.0M | |
Retained Earnings | 27.0M | 21.6M | 2.0M | 2.9M | 3.3M | 2.7M | |
Accumulated Other Comprehensive Income | 13.6M | 14.1M | 62.1M | 21.7M | 75.3M | 79.0M | |
Net Tangible Assets | 154.4M | 162.9M | 194.2M | 154.8M | 178.0M | 115.2M | |
Long Term Investments | 138.8M | 157.9M | 186.6M | 149.2M | 202.2M | 121.2M | |
Other Assets | 101.1M | 155.8M | 163.2M | 194.5M | 223.7M | 129.0M | |
Capital Surpluse | 54.0M | 77.8M | 97.2M | 108.4M | 124.7M | 81.4M | |
Capital Stock | 16.6M | 18.8M | 19.1M | 19.2M | 19.0M | 19.5M |
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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.