Arrowhead Net Working Capital vs Property Plant Equipment Analysis

ARWR Stock  USD 18.79  0.25  1.35%   
Arrowhead Pharmaceuticals financial indicator trend analysis is way more than just evaluating Arrowhead Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrowhead Pharmaceuticals is a good investment. Please check the relationship between Arrowhead Pharmaceuticals Net Working Capital and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrowhead Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Arrowhead Stock, please use our How to Invest in Arrowhead Pharmaceuticals guide.

Net Working Capital vs Property Plant Equipment

Net Working Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrowhead Pharmaceuticals Net Working Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Arrowhead Pharmaceuticals' Net Working Capital and Property Plant Equipment is 0.28. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Arrowhead Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Arrowhead Pharmaceuticals' Net Working Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Arrowhead Pharmaceuticals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Working Capital i.e., Arrowhead Pharmaceuticals' Net Working Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Working Capital

Property Plant Equipment

Most indicators from Arrowhead Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Arrowhead Stock, please use our How to Invest in Arrowhead Pharmaceuticals guide.At this time, Arrowhead Pharmaceuticals' Tax Provision is relatively stable compared to the past year. As of 11/26/2024, Enterprise Value is likely to grow to about 3.3 B, while Selling General Administrative is likely to drop slightly above 77.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit243.2M240.7M276.8M290.7M
Total Revenue243.2M240.7M276.8M290.7M

Arrowhead Pharmaceuticals fundamental ratios Correlations

0.90.860.910.780.870.04-0.920.790.660.990.250.990.240.760.87-0.720.850.970.920.850.990.80.260.360.87
0.90.860.760.50.990.38-0.880.90.380.910.230.87-0.10.630.72-0.910.880.90.950.970.870.840.240.020.94
0.860.860.660.440.810.32-0.850.610.340.890.630.830.060.620.71-0.870.990.870.940.740.830.60.640.240.96
0.910.760.660.750.74-0.16-0.810.720.740.90.10.910.440.70.82-0.520.680.860.820.740.910.860.110.560.72
0.780.50.440.750.49-0.4-0.630.540.80.72-0.150.810.370.70.78-0.170.390.750.480.520.810.53-0.140.390.38
0.870.990.810.740.490.42-0.860.940.330.890.120.83-0.120.610.7-0.890.830.880.910.990.840.810.13-0.070.9
0.040.380.32-0.16-0.40.42-0.170.32-0.710.140.14-0.07-0.38-0.17-0.16-0.560.320.080.290.41-0.06-0.020.12-0.620.39
-0.92-0.88-0.85-0.81-0.63-0.86-0.17-0.78-0.51-0.91-0.28-0.9-0.09-0.83-0.910.78-0.85-0.96-0.9-0.84-0.9-0.73-0.3-0.23-0.87
0.790.90.610.720.540.940.32-0.780.360.79-0.170.76-0.140.60.66-0.730.640.80.760.970.770.78-0.16-0.170.73
0.660.380.340.740.80.33-0.71-0.510.360.560.050.730.330.650.71-0.130.360.610.440.330.730.630.060.630.33
0.990.910.890.90.720.890.14-0.910.790.560.270.960.260.720.83-0.750.870.960.940.870.970.770.280.330.9
0.250.230.630.1-0.150.120.14-0.28-0.170.050.270.250.030.150.2-0.470.640.260.460.00.230.091.00.410.53
0.990.870.830.910.810.83-0.07-0.90.760.730.960.250.210.790.9-0.680.830.970.890.811.00.820.260.380.84
0.24-0.10.060.440.37-0.12-0.38-0.09-0.140.330.260.030.210.120.140.250.010.130.12-0.10.210.00.030.740.02
0.760.630.620.70.70.61-0.17-0.830.60.650.720.150.790.120.93-0.450.610.850.640.60.790.590.160.280.59
0.870.720.710.820.780.7-0.16-0.910.660.710.830.20.90.140.93-0.520.70.940.750.680.890.710.210.380.68
-0.72-0.91-0.87-0.52-0.17-0.89-0.560.78-0.73-0.13-0.75-0.47-0.680.25-0.45-0.52-0.9-0.73-0.9-0.84-0.68-0.66-0.470.09-0.94
0.850.880.990.680.390.830.32-0.850.640.360.870.640.830.010.610.7-0.90.860.960.760.820.670.640.250.98
0.970.90.870.860.750.880.08-0.960.80.610.960.260.970.130.850.94-0.730.860.910.850.970.770.270.270.87
0.920.950.940.820.480.910.29-0.90.760.440.940.460.890.120.640.75-0.90.960.910.860.890.790.460.270.99
0.850.970.740.740.520.990.41-0.840.970.330.870.00.81-0.10.60.68-0.840.760.850.860.820.80.01-0.110.85
0.990.870.830.910.810.84-0.06-0.90.770.730.970.231.00.210.790.89-0.680.820.970.890.820.820.240.380.83
0.80.840.60.860.530.81-0.02-0.730.780.630.770.090.820.00.590.71-0.660.670.770.790.80.820.10.30.73
0.260.240.640.11-0.140.130.12-0.3-0.160.060.281.00.260.030.160.21-0.470.640.270.460.010.240.10.420.53
0.360.020.240.560.39-0.07-0.62-0.23-0.170.630.330.410.380.740.280.380.090.250.270.27-0.110.380.30.420.18
0.870.940.960.720.380.90.39-0.870.730.330.90.530.840.020.590.68-0.940.980.870.990.850.830.730.530.18
Click cells to compare fundamentals

Arrowhead Pharmaceuticals Account Relationship Matchups

Arrowhead Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets522.5M710.1M691.9M765.6M880.4M924.4M
Other Current Liab32.8M33.3M100.4M58.2M66.9M70.2M
Total Current Liabilities40.7M146.5M74.1M105.5M121.3M127.3M
Total Stockholder Equity461.8M408.8M106.0M271.3M312.0M327.6M
Property Plant And Equipment Net47.0M66.0M168.6M335.6M385.9M405.2M
Net Debt(122.4M)(158.9M)(26.4M)4.3M3.9M4.0M
Retained Earnings(503.8M)(644.7M)(820.8M)(1.0B)(923.4M)(877.3M)
Accounts Payable6.8M9.5M2.9M35.9M41.2M43.3M
Cash143.6M184.4M108.0M110.9M127.5M133.9M
Non Current Assets Total200.1M325.6M315.5M346.0M397.9M417.8M
Non Currrent Assets Other265.4K272K29.1M210K241.5K229.4K
Cash And Short Term Investments315.5M367.8M376.4M403.6M464.2M487.4M
Net Receivables327.4K661.4K845.7K10.3M1.4M0.0
Common Stock Total Equity187.9K194.7K197K198K227.7K239.1K
Common Stock Shares Outstanding100.7M103.7M105.4M106.8M122.8M128.9M
Liabilities And Stockholders Equity522.5M710.1M691.9M765.6M880.4M924.4M
Inventory3.3M4.3M4.4M(21.6M)(19.5M)(18.5M)
Other Current Assets6.0M6.6M27.5M15.9M18.3M19.2M
Other Stockholder Equity965.4M1.1B1.2B1.3B1.5B1.6B
Total Liab60.7M301.3M586.0M478.4M550.1M577.7M
Property Plant And Equipment Gross47.0M88.9M110.3M377.5M434.1M455.8M
Total Current Assets322.4M384.6M376.4M419.5M482.4M506.6M
Accumulated Other Comprehensive Income18.4K(69K)(136K)(3.2M)(2.9M)(2.8M)
Short Term Debt1.1M4.5M5.6M9.7M11.2M11.7M
Common Stock194.7K197K106.0M200K230K218.5K
Current Deferred Revenue19.3M111.1M74.1M866K995.9K946.1K
Non Current Liabilities Total20.0M154.8M511.9M372.9M428.9M450.3M
Property Plant Equipment30.9M48.7M110.3M335.6M385.9M405.2M
Other Assets68.9M96.8M218K210K241.5K229.4K
Short Term Investments171.9M183.4M268.4M292.7M336.6M353.5M
Intangible Assets15.4M13.7M12.0M10.3M11.8M10.2M
Other Liab8.7M41.4M190.3M56.0M64.3M67.6M
Net Tangible Assets446.4M395.2M398.5M261.1M300.2M202.9M

Pair Trading with Arrowhead Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arrowhead Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arrowhead Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arrowhead Stock

  0.7VALN Valneva SE ADRPairCorr

Moving against Arrowhead Stock

  0.48KZR Kezar Life SciencesPairCorr
The ability to find closely correlated positions to Arrowhead Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arrowhead Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arrowhead Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arrowhead Pharmaceuticals to buy it.
The correlation of Arrowhead Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arrowhead Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arrowhead Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arrowhead Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Arrowhead Stock Analysis

When running Arrowhead Pharmaceuticals' price analysis, check to measure Arrowhead Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrowhead Pharmaceuticals is operating at the current time. Most of Arrowhead Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Arrowhead Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrowhead Pharmaceuticals' price. Additionally, you may evaluate how the addition of Arrowhead Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.