ARC Short Term Debt vs Short Long Term Debt Total Analysis

ARX Stock  CAD 26.76  0.21  0.78%   
ARC Resources financial indicator trend analysis is way more than just evaluating ARC Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ARC Resources is a good investment. Please check the relationship between ARC Resources Short Term Debt and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Short Long Term Debt Total

Short Term Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARC Resources Short Term Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between ARC Resources' Short Term Debt and Short Long Term Debt Total is 0.3. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of ARC Resources, assuming nothing else is changed. The correlation between historical values of ARC Resources' Short Term Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of ARC Resources are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Debt i.e., ARC Resources' Short Term Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Short Long Term Debt Total

Most indicators from ARC Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ARC Resources 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 ARC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 23rd of November 2024, Selling General Administrative is likely to grow to about 222.8 M. Also, Tax Provision is likely to grow to about 483.8 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.9B5.1B3.8B4.0B
EBITDA3.1B5.4B3.1B3.3B

ARC Resources fundamental ratios Correlations

0.960.430.870.990.990.880.460.89-0.371.0-0.77-0.350.910.980.98-0.330.990.970.720.50.30.120.640.650.66
0.960.480.860.940.960.970.370.83-0.560.96-0.86-0.50.880.940.98-0.230.980.940.670.660.30.070.690.560.63
0.430.480.760.360.410.54-0.20.57-0.520.41-0.63-0.380.630.520.390.040.520.390.540.610.20.150.10.080.3
0.870.860.760.830.880.850.310.95-0.540.87-0.86-0.50.980.90.82-0.10.910.880.640.50.29-0.030.530.380.48
0.990.940.360.830.980.830.520.87-0.280.99-0.73-0.270.880.970.97-0.340.970.960.720.430.280.130.640.660.66
0.990.960.410.880.980.90.480.9-0.431.0-0.8-0.430.920.970.97-0.270.980.980.630.460.340.010.680.610.62
0.880.970.540.850.830.90.260.78-0.750.89-0.91-0.690.850.870.91-0.130.930.880.530.720.32-0.040.70.440.52
0.460.37-0.20.310.520.480.260.550.090.47-0.310.00.470.310.380.140.370.580.25-0.16-0.42-0.170.670.04-0.1
0.890.830.570.950.870.90.780.55-0.40.89-0.79-0.40.980.880.81-0.110.890.920.590.30.15-0.120.60.380.38
-0.37-0.56-0.52-0.54-0.28-0.43-0.750.09-0.4-0.40.730.93-0.48-0.38-0.42-0.17-0.48-0.410.02-0.64-0.260.32-0.50.0-0.05
1.00.960.410.870.991.00.890.470.89-0.4-0.78-0.40.910.980.98-0.320.990.970.660.470.320.070.660.640.64
-0.77-0.86-0.63-0.86-0.73-0.8-0.91-0.31-0.790.73-0.780.69-0.85-0.76-0.75-0.11-0.82-0.81-0.49-0.66-0.220.2-0.67-0.21-0.37
-0.35-0.5-0.38-0.5-0.27-0.43-0.690.0-0.40.93-0.40.69-0.45-0.35-0.39-0.19-0.44-0.420.19-0.5-0.280.38-0.50.020.01
0.910.880.630.980.880.920.850.470.98-0.480.91-0.85-0.450.910.85-0.050.920.940.630.410.24-0.110.630.370.47
0.980.940.520.90.970.970.870.310.88-0.380.98-0.76-0.350.910.96-0.350.980.930.720.50.430.110.550.660.72
0.980.980.390.820.970.970.910.380.81-0.420.98-0.75-0.390.850.96-0.380.980.930.690.570.320.150.630.690.69
-0.33-0.230.04-0.1-0.34-0.27-0.130.14-0.11-0.17-0.32-0.11-0.19-0.05-0.35-0.38-0.31-0.1-0.24-0.06-0.16-0.430.19-0.84-0.33
0.990.980.520.910.970.980.930.370.89-0.480.99-0.82-0.440.920.980.98-0.310.950.70.570.330.10.620.620.65
0.970.940.390.880.960.980.880.580.92-0.410.97-0.81-0.420.940.930.93-0.10.950.630.420.26-0.050.760.480.56
0.720.670.540.640.720.630.530.250.590.020.66-0.490.190.630.720.69-0.240.70.630.540.030.490.30.460.66
0.50.660.610.50.430.460.72-0.160.3-0.640.47-0.66-0.50.410.50.57-0.060.570.420.540.150.360.360.240.46
0.30.30.20.290.280.340.32-0.420.15-0.260.32-0.22-0.280.240.430.32-0.160.330.260.030.15-0.060.010.40.65
0.120.070.15-0.030.130.01-0.04-0.17-0.120.320.070.20.38-0.110.110.15-0.430.1-0.050.490.36-0.06-0.290.370.4
0.640.690.10.530.640.680.70.670.6-0.50.66-0.67-0.50.630.550.630.190.620.760.30.360.01-0.290.140.14
0.650.560.080.380.660.610.440.040.380.00.64-0.210.020.370.660.69-0.840.620.480.460.240.40.370.140.69
0.660.630.30.480.660.620.52-0.10.38-0.050.64-0.370.010.470.720.69-0.330.650.560.660.460.650.40.140.69
Click cells to compare fundamentals

ARC Resources Account Relationship Matchups

ARC Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B5.0B11.4B11.6B12.4B13.0B
Short Long Term Debt Total923.8M751.1M2.6B1.8B2.2B2.3B
Other Current Liab6.1M40.4M465.3M432.4M3.6M3.4M
Total Current Liabilities365M367.7M1.5B1.7B981.6M1.0B
Total Stockholder Equity3.4B2.8B5.9B6.7B7.4B7.8B
Property Plant And Equipment Net5.3B4.5B10.4B10.4B11.2B11.7B
Net Debt915.3M750.7M3.4B1.7B2.2B2.3B
Retained Earnings(1.3B)(1.9B)(1.3B)139.1M1.1B1.2B
Accounts Payable150.5M125M761.5M1.2B753.3M791.0M
Cash8.5M400K(869.3M)57.1M1.1M1.0M
Non Current Assets Total5.6B4.8B10.7B10.6B11.5B12.1B
Non Currrent Assets Other(132.6M)214.9M(789.4M)(415.1M)(360.5M)(342.5M)
Cash And Short Term Investments8.5M400K(869.3M)57.1M1.1M1.0M
Net Receivables124.4M145.9M672M863.2M583M612.2M
Common Stock Shares Outstanding353.4M353.4M627.3M663.1M610.6M641.2M
Liabilities And Stockholders Equity5.8B5.0B11.4B11.6B12.4B13.0B
Non Current Liabilities Total2.0B1.8B3.9B3.3B4.0B4.2B
Other Stockholder Equity32.2M36.5M46.3M39.9M36.1M34.3M
Total Liab2.3B2.2B5.5B5.0B5.0B5.2B
Property Plant And Equipment Gross5.3B4.5B15.5B16.8B18.9B19.8B
Total Current Assets193.2M162.3M730M986.5M893.4M938.1M
Other Current Assets60.3M14.4M905M59.5M280.2M294.2M
Short Term Debt165.2M162M109.3M92.4M85.2M73.6M
Common Stock4.7B4.7B7.2B6.5B6.3B5.1B
Current Deferred Revenue43.2M40.3M175M139.5M160.4M168.4M
Other Liab1.2B1.2B1.5B1.6B1.8B1.4B
Net Tangible Assets3.2B2.5B5.7B6.4B7.4B4.1B
Other Assets142.1M4.2M0.013.3M12.0M11.4M
Long Term Debt728.7M555.2M1.7B990M1.1B1.1B
Short Long Term Debt73.9M80.5M148.9M146.7M132.0M151.0M
Property Plant Equipment5.3B4.5B10.4B10.4B11.9B6.7B
Long Term Debt Total758.6M589.1M2.5B1.7B1.9B1.3B

Pair Trading with ARC Resources

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 ARC Resources 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 ARC Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against ARC Stock

  0.38SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to ARC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARC Resources 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 ARC Resources - 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 ARC Resources to buy it.
The correlation of ARC Resources 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 ARC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARC Resources 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 ARC Resources 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

Other Information on Investing in ARC Stock

Balance Sheet is a snapshot of the financial position of ARC Resources at a specified time, usually calculated after every quarter, six months, or one year. ARC Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ARC Resources 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 ARC currently owns. An asset can also be divided into two categories, current and non-current.