Aurora Long Term Investments vs Short Long Term Debt 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 Long Term Investments and its Short Long Term Debt 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.
Long Term Investments vs Short Long Term Debt
Long Term Investments vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Investment Trust Long Term Investments account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aurora Investment's Long Term Investments and Short Long Term Debt is -0.34. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Long Term Debt 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 Long Term Investments and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Aurora Investment Trust are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Investments i.e., Aurora Investment's Long Term Investments and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Aurora Investment balance sheet that represents investments Aurora Investment Trust intends to hold for over a year. Aurora Investment Trust long term investments may include different instruments such as stocks, bonds, real estate and cash.Short Long Term Debt
The total of a company's short-term and long-term borrowings.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.