Aurora Non Current Assets Total vs Cash And Short Term Investments 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 Non Current Assets Total and its Cash And Short Term Investments 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.
Non Current Assets Total vs Cash And Short Term Investments
Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Investment Trust Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurora Investment's Non Current Assets Total and Cash And Short Term Investments is 0.66. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Aurora Investment Trust are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Aurora Investment's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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.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.