Aurora Historical Balance Sheet

AUR Stock  USD 6.45  0.04  0.62%   
Trend analysis of Aurora Innovation balance sheet accounts such as Short Long Term Debt Total of 114.8 M, Other Current Liabilities of 49.6 M or Total Current Liabilities of 72.6 M provides information on Aurora Innovation's total assets, liabilities, and equity, which is the actual value of Aurora Innovation to its prevalent stockholders. By breaking down trends over time using Aurora Innovation balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Aurora Innovation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Aurora Innovation is a good buy for the upcoming year.
  
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 employment.
To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.

About Aurora Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Aurora Innovation at a specified time, usually calculated after every quarter, six months, or one year. Aurora Innovation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aurora Innovation 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.

Aurora Innovation Balance Sheet Chart

At this time, Aurora Innovation's Capital Lease Obligations is relatively stable compared to the past year. As of 11/25/2024, Net Working Capital is likely to grow to about 1.1 B, while Short and Long Term Debt Total is likely to drop slightly above 114.8 M.

Total Assets

Total assets refers to the total amount of Aurora Innovation assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aurora Innovation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Aurora Innovation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aurora Innovation are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Aurora Innovation's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 employment.
To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.At this time, Aurora Innovation's Capital Lease Obligations is relatively stable compared to the past year. As of 11/25/2024, Net Working Capital is likely to grow to about 1.1 B, while Short and Long Term Debt Total is likely to drop slightly above 114.8 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total146.8M136M122M114.8M
Total Assets3.7B2.0B2.2B2.0B

Aurora Innovation balance sheet Correlations

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Aurora Innovation Account Relationship Matchups

Pair Trading with Aurora Innovation

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 Aurora Innovation 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 Aurora Innovation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aurora Stock

  0.65FI Fiserv,PairCorr
  0.65IT GartnerPairCorr

Moving against Aurora Stock

  0.7GMM Global Mofy MetaversePairCorr
The ability to find closely correlated positions to Aurora Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Innovation 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 Aurora Innovation - 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 Aurora Innovation to buy it.
The correlation of Aurora Innovation 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 Aurora Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Innovation 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 Aurora Innovation 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 Aurora Stock Analysis

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.