Aurora Short Term Debt vs Common Stock Analysis

ASG Stock

CAD 0.34 0.02 5.56%

Aurora Spine financial indicator trend analysis is way more than just evaluating Aurora Spine Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Spine Corp is a good investment. Please check the relationship between Aurora Spine Short Term Debt and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Spine Corp. 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 Common Stock

Short Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Spine Corp Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Aurora Spine's Short Term Debt and Common Stock is 0.11. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Aurora Spine Corp, assuming nothing else is changed. The correlation between historical values of Aurora Spine's Short Term Debt and Common Stock 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 Aurora Spine Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Aurora Spine's Short Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Common Stock

Most indicators from Aurora Spine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Spine Corp 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 Spine Corp. 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.

At this time, Aurora Spine's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.83 in 2025, whereas Selling General Administrative is likely to drop slightly above 4.9 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	7.8M	8.2M	9.4M	9.9M
Total Revenue	14.9M	14.5M	16.7M	8.9M

Gross Profit Total Revenue

Aurora Spine fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Other Current Liab	Other Liab	Net Tangible Assets	Other Assets	Inventory	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment	Non Current Liabilities Total
Total Assets		0.87	0.96	0.53	0.56	-0.89	0.86	0.42	0.79	0.48	0.83	0.91	0.15	0.97	0.99	0.73	0.89	-0.83	0.88	-0.28	0.89	-0.12	-0.01	0.95	0.4	0.8
Total Current Liabilities	0.87		0.83	0.71	0.4	-0.7	1.0	0.16	0.83	0.21	0.65	0.63	0.39	0.86	0.81	0.44	0.79	-0.77	0.76	-0.23	0.89	-0.07	0.02	0.74	0.73	0.48
Total Stockholder Equity	0.96	0.83		0.57	0.42	-0.81	0.82	0.52	0.79	0.56	0.75	0.82	0.18	0.87	0.95	0.63	0.81	-0.76	0.94	-0.26	0.85	-0.17	-0.07	0.88	0.46	0.67
Property Plant And Equipment Net	0.53	0.71	0.57		0.06	-0.31	0.69	0.07	0.9	-0.02	0.23	0.29	0.42	0.46	0.44	0.06	0.37	-0.34	0.51	-0.01	0.56	0.04	0.07	0.31	0.67	0.07
Net Debt	0.56	0.4	0.42	0.06		-0.65	0.37	-0.05	0.41	-0.01	0.87	0.71	-0.32	0.66	0.57	0.64	0.6	-0.63	0.37	-0.64	0.5	-0.3	-0.12	0.63	-0.19	0.76
Retained Earnings	-0.89	-0.7	-0.81	-0.31	-0.65		-0.7	-0.4	-0.6	-0.48	-0.86	-0.91	-0.12	-0.91	-0.91	-0.82	-0.83	0.89	-0.66	0.35	-0.78	-0.02	-0.15	-0.96	-0.22	-0.88
Accounts Payable	0.86	1.0	0.82	0.69	0.37	-0.7		0.16	0.8	0.22	0.63	0.6	0.42	0.85	0.8	0.43	0.79	-0.77	0.75	-0.21	0.89	-0.05	0.03	0.73	0.76	0.46
Cash	0.42	0.16	0.52	0.07	-0.05	-0.4	0.16		0.24	0.98	0.32	0.47	-0.32	0.31	0.49	0.57	0.24	-0.26	0.39	-0.07	0.04	-0.35	-0.36	0.4	-0.09	0.37
Non Current Assets Total	0.79	0.83	0.79	0.9	0.41	-0.6	0.8	0.24		0.17	0.59	0.65	0.2	0.75	0.73	0.42	0.66	-0.6	0.69	-0.24	0.73	-0.12	-0.03	0.63	0.5	0.46
Cash And Short Term Investments	0.48	0.21	0.56	-0.02	-0.01	-0.48	0.22	0.98	0.17		0.38	0.51	-0.26	0.38	0.55	0.61	0.32	-0.34	0.45	-0.09	0.12	-0.33	-0.33	0.48	-0.04	0.43
Net Receivables	0.83	0.65	0.75	0.23	0.87	-0.86	0.63	0.32	0.59	0.38		0.88	-0.15	0.85	0.85	0.76	0.79	-0.83	0.68	-0.64	0.69	-0.27	-0.1	0.86	0.06	0.85
Common Stock Shares Outstanding	0.91	0.63	0.82	0.29	0.71	-0.91	0.6	0.47	0.65	0.51	0.88		-0.15	0.92	0.94	0.89	0.81	-0.74	0.71	-0.3	0.69	-0.16	-0.03	0.94	0.01	0.96
Other Stockholder Equity	0.15	0.39	0.18	0.42	-0.32	-0.12	0.42	-0.32	0.2	-0.26	-0.15	-0.15		0.1	0.07	-0.41	0.24	-0.29	0.19	0.07	0.47	0.72	0.71	0.12	0.77	-0.21
Total Liab	0.97	0.86	0.87	0.46	0.66	-0.91	0.85	0.31	0.75	0.38	0.85	0.92	0.1		0.96	0.77	0.9	-0.84	0.76	-0.28	0.87	-0.07	0.04	0.95	0.33	0.86
Total Current Assets	0.99	0.81	0.95	0.44	0.57	-0.91	0.8	0.49	0.73	0.55	0.85	0.94	0.07	0.96		0.79	0.87	-0.81	0.86	-0.27	0.84	-0.13	-0.02	0.96	0.3	0.85
Intangible Assets	0.73	0.44	0.63	0.06	0.64	-0.82	0.43	0.57	0.42	0.61	0.76	0.89	-0.41	0.77	0.79		0.64	-0.62	0.47	-0.19	0.44	-0.36	-0.28	0.81	-0.17	0.88
Other Current Liab	0.89	0.79	0.81	0.37	0.6	-0.83	0.79	0.24	0.66	0.32	0.79	0.81	0.24	0.9	0.87	0.64		-0.93	0.69	-0.49	0.87	0.04	0.15	0.91	0.36	0.77
Other Liab	-0.83	-0.77	-0.76	-0.34	-0.63	0.89	-0.77	-0.26	-0.6	-0.34	-0.83	-0.74	-0.29	-0.84	-0.81	-0.62	-0.93		-0.62	0.61	-0.83	-0.05	-0.18	-0.87	-0.4	-0.7
Net Tangible Assets	0.88	0.76	0.94	0.51	0.37	-0.66	0.75	0.39	0.69	0.45	0.68	0.71	0.19	0.76	0.86	0.47	0.69	-0.62		-0.21	0.8	-0.2	-0.1	0.76	0.46	0.56
Other Assets	-0.28	-0.23	-0.26	-0.01	-0.64	0.35	-0.21	-0.07	-0.24	-0.09	-0.64	-0.3	0.07	-0.28	-0.27	-0.19	-0.49	0.61	-0.21		-0.29	0.17	0.01	-0.31	0.05	-0.31
Inventory	0.89	0.89	0.85	0.56	0.5	-0.78	0.89	0.04	0.73	0.12	0.69	0.69	0.47	0.87	0.84	0.44	0.87	-0.83	0.8	-0.29		0.13	0.24	0.84	0.6	0.61
Short Long Term Debt	-0.12	-0.07	-0.17	0.04	-0.3	-0.02	-0.05	-0.35	-0.12	-0.33	-0.27	-0.16	0.72	-0.07	-0.13	-0.36	0.04	-0.05	-0.2	0.17	0.13		0.98	-0.01	0.17	-0.07
Short Term Debt	-0.01	0.02	-0.07	0.07	-0.12	-0.15	0.03	-0.36	-0.03	-0.33	-0.1	-0.03	0.71	0.04	-0.02	-0.28	0.15	-0.18	-0.1	0.01	0.24	0.98		0.11	0.16	0.06
Common Stock	0.95	0.74	0.88	0.31	0.63	-0.96	0.73	0.4	0.63	0.48	0.86	0.94	0.12	0.95	0.96	0.81	0.91	-0.87	0.76	-0.31	0.84	-0.01	0.11		0.24	0.91
Property Plant Equipment	0.4	0.73	0.46	0.67	-0.19	-0.22	0.76	-0.09	0.5	-0.04	0.06	0.01	0.77	0.33	0.3	-0.17	0.36	-0.4	0.46	0.05	0.6	0.17	0.16	0.24		-0.16
Non Current Liabilities Total	0.8	0.48	0.67	0.07	0.76	-0.88	0.46	0.37	0.46	0.43	0.85	0.96	-0.21	0.86	0.85	0.88	0.77	-0.7	0.56	-0.31	0.61	-0.07	0.06	0.91	-0.16

Click cells to compare fundamentals

Aurora Spine Account Relationship Matchups

Aurora Spine fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.2M	10.6M	10.1M	12.0M	13.8M	7.8M
Total Current Liabilities	1.6M	2.6M	3.0M	3.3M	3.8M	2.6M
Total Stockholder Equity	3.3M	5.6M	4.3M	5.3M	6.1M	3.5M
Property Plant And Equipment Net	1.1M	1.3M	1.9M	2.3M	2.0M	1.3M
Net Debt	632.2K	(793.0K)	2.5M	2.9M	3.3M	3.5M
Retained Earnings	(20.2M)	(22.6M)	(24.1M)	(25.8M)	(23.2M)	(24.4M)
Accounts Payable	1.5M	2.6M	2.8M	3.0M	3.5M	2.5M
Cash	1.7M	3.2M	423.4K	766.8K	881.9K	875.1K
Non Current Assets Total	2.0M	2.2M	2.8M	3.5M	4.0M	2.4M
Cash And Short Term Investments	1.7M	3.2M	423.4K	766.8K	881.9K	858.0K
Net Receivables	1.7M	2.7M	3.7M	4.0M	4.6M	4.8M
Common Stock Shares Outstanding	54.6M	58.7M	66.8M	70.7M	81.3M	46.1M
Liabilities And Stockholders Equity	7.2M	10.6M	10.1M	12.0M	13.8M	8.2M
Other Stockholder Equity	1.5M	3.1M	3.2M	3.4M	3.1M	6.0M
Total Liab	3.9M	5.0M	5.8M	6.7M	7.7M	4.3M
Total Current Assets	5.2M	8.4M	7.3M	8.5M	9.8M	5.4M
Intangible Assets	868.9K	854.3K	881.4K	753.2K	866.2K	576.2K
Net Tangible Assets	2.1M	929.1K	2.4M	4.7M	5.4M	2.9M
Inventory	1.6M	1.9M	3.1M	3.6M	4.1M	2.6M
Common Stock	22.0M	25.1M	25.2M	27.7M	31.8M	22.0M
Property Plant Equipment	766.6K	1.2M	1.1M	1.3M	1.2M	1.3M
Non Current Liabilities Total	2.3M	2.4M	2.8M	3.4M	3.9M	2.0M
Other Current Assets	231.3K	674.7K	186.8K	204.2K	234.8K	328.5K
Long Term Debt	2.1M	2.3M	2.4M	2.6M	2.9M	2.0M
Net Invested Capital	5.5M	7.9M	6.7M	7.9M	9.0M	6.0M
Net Working Capital	3.6M	5.8M	4.3M	5.2M	6.0M	4.2M
Short Long Term Debt Total	2.3M	2.4M	3.0M	3.6M	4.2M	2.9M
Capital Stock	22.0M	25.1M	25.2M	27.7M	31.8M	25.9M
Capital Lease Obligations	170.4K	93.6K	553.1K	1.1M	1.2M	1.3M
Property Plant And Equipment Gross	5.2M	5.9M	7.4M	8.1M	9.3M	6.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Aurora Stock Analysis

When running Aurora Spine's price analysis, check to measure Aurora Spine's 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 Aurora Spine is operating at the current time. Most of Aurora Spine's value examination focuses on studying past and present price action to predict the probability of Aurora Spine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Spine's price. Additionally, you may evaluate how the addition of Aurora Spine to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC