Aurora Common Stock Total Equity vs Total Current Liabilities 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 Common Stock Total Equity and its Total Current Liabilities 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.
Common Stock Total Equity vs Total Current Liabilities
Common Stock Total Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Investment Trust Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aurora Investment's Common Stock Total Equity and Total Current Liabilities is -0.65. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities 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 Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Aurora Investment Trust are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Aurora Investment's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Total Current Liabilities
Total Current Liabilities is an item on Aurora Investment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aurora Investment Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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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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.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.