Aurora Cash vs Non Currrent Assets Other Analysis

AUROW Stock  USD 1.02  0.09  9.68%   
Aurora Innovation financial indicator trend analysis is way more than just evaluating Aurora Innovation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Innovation is a good investment. Please check the relationship between Aurora Innovation Cash and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Aurora Innovation's Cash and Non Currrent Assets Other is 0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aurora Innovation, assuming nothing else is changed. The correlation between historical values of Aurora Innovation's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Aurora Innovation are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Aurora Innovation's Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Aurora Innovation, which is listed under current asset account on Aurora Innovation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aurora Innovation customers. The amounts must be unrestricted with restricted cash listed in a different Aurora Innovation account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Aurora Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Innovation 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 Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.Aurora Innovation reported Tax Provision of (1.85 Million) in 2023. Issuance Of Capital Stock is likely to climb to about 877.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 94.2 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Income3.7M525K472.5K448.9K
Net Interest Income3.7M525K472.5K448.9K

Aurora Innovation fundamental ratios Correlations

0.850.870.890.960.91-0.81-0.670.820.881.00.71-0.390.990.880.450.090.190.920.890.310.990.920.050.90.94
0.850.90.930.690.98-0.54-0.790.980.670.870.67-0.460.80.880.530.150.590.840.840.690.80.9-0.390.880.87
0.870.91.00.80.96-0.47-0.910.950.590.860.86-0.570.880.960.740.420.260.720.980.390.870.97-0.030.980.85
0.890.931.00.810.98-0.51-0.90.970.630.890.83-0.550.890.960.710.360.310.770.970.440.890.98-0.080.980.87
0.960.690.80.810.81-0.78-0.610.680.820.940.73-0.330.990.830.40.18-0.080.820.880.050.990.880.310.860.89
0.910.980.960.980.81-0.56-0.840.970.690.910.78-0.480.890.940.580.270.410.830.930.530.890.97-0.190.960.92
-0.81-0.54-0.47-0.51-0.78-0.560.16-0.47-0.98-0.83-0.190.07-0.75-0.47-0.050.48-0.23-0.9-0.48-0.29-0.76-0.530.03-0.51-0.65
-0.67-0.79-0.91-0.9-0.61-0.840.16-0.85-0.32-0.65-0.940.78-0.71-0.94-0.87-0.64-0.19-0.48-0.88-0.3-0.7-0.870.02-0.87-0.77
0.820.980.950.970.680.97-0.47-0.850.60.830.72-0.510.790.90.650.260.540.770.880.650.790.92-0.330.920.82
0.880.670.590.630.820.69-0.98-0.320.60.90.33-0.230.820.610.19-0.380.310.960.580.380.830.64-0.110.610.77
1.00.870.860.890.940.91-0.83-0.650.830.90.66-0.380.970.870.430.020.260.950.870.380.980.91-0.030.880.93
0.710.670.860.830.730.78-0.19-0.940.720.330.66-0.710.780.920.770.72-0.120.440.90.00.770.870.280.860.8
-0.39-0.46-0.57-0.55-0.33-0.480.070.78-0.51-0.23-0.38-0.71-0.42-0.69-0.89-0.38-0.13-0.3-0.5-0.19-0.41-0.480.06-0.46-0.53
0.990.80.880.890.990.89-0.75-0.710.790.820.970.78-0.420.90.490.210.050.850.930.181.00.940.180.920.93
0.880.880.960.960.830.94-0.47-0.940.90.610.870.92-0.690.90.740.440.20.730.960.320.90.970.010.950.93
0.450.530.740.710.40.58-0.05-0.870.650.190.430.77-0.890.490.740.520.110.290.670.190.480.610.030.640.48
0.090.150.420.360.180.270.48-0.640.26-0.380.020.72-0.380.210.440.52-0.42-0.260.49-0.350.190.420.450.430.23
0.190.590.260.31-0.080.41-0.23-0.190.540.310.26-0.12-0.130.050.20.11-0.420.470.080.990.070.18-0.960.170.22
0.920.840.720.770.820.83-0.9-0.480.770.960.950.44-0.30.850.730.29-0.260.470.690.550.870.76-0.260.730.85
0.890.840.980.970.880.93-0.48-0.880.880.580.870.9-0.50.930.960.670.490.080.690.210.920.990.150.990.87
0.310.690.390.440.050.53-0.29-0.30.650.380.380.0-0.190.180.320.19-0.350.990.550.210.190.32-0.920.310.33
0.990.80.870.890.990.89-0.76-0.70.790.830.980.77-0.411.00.90.480.190.070.870.920.190.930.170.910.93
0.920.90.970.980.880.97-0.53-0.870.920.640.910.87-0.480.940.970.610.420.180.760.990.320.930.040.990.92
0.05-0.39-0.03-0.080.31-0.190.030.02-0.33-0.11-0.030.280.060.180.010.030.45-0.96-0.260.15-0.920.170.040.06-0.03
0.90.880.980.980.860.96-0.51-0.870.920.610.880.86-0.460.920.950.640.430.170.730.990.310.910.990.060.87
0.940.870.850.870.890.92-0.65-0.770.820.770.930.8-0.530.930.930.480.230.220.850.870.330.930.92-0.030.87
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Aurora Innovation Account Relationship Matchups

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When running Aurora Innovation's price analysis, check to measure Aurora Innovation'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 Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation'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 Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.