Aurora Other Current Assets vs Cash And Short Term Investments Analysis

ARR Stock   230.00  1.00  0.43%   
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 Other Current Assets 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.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets 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 Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aurora Investment's Other Current Assets and Cash And Short Term Investments is -0.04. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Aurora Investment's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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

-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.