Artivion Non Current Liabilities Total vs Gross Profit Margin Analysis

AORT Stock  USD 28.83  0.67  2.27%   
Artivion financial indicator trend analysis is way more than just evaluating Artivion prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artivion is a good investment. Please check the relationship between Artivion Non Current Liabilities Total and its Gross Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Artivion Stock please use our How to Invest in Artivion guide.

Non Current Liabilities Total vs Gross Profit Margin

Non Current Liabilities Total vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artivion Non Current Liabilities Total account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Artivion's Non Current Liabilities Total and Gross Profit Margin is -0.01. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Artivion, assuming nothing else is changed. The correlation between historical values of Artivion's Non Current Liabilities Total and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Artivion are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Non Current Liabilities Total i.e., Artivion's Non Current Liabilities Total and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Gross Profit Margin

Most indicators from Artivion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artivion 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 Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Artivion Stock please use our How to Invest in Artivion guide.At this time, Artivion's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.42 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit197.5M202.5M229.2M240.6M
Total Revenue298.8M313.8M354.0M371.7M

Artivion fundamental ratios Correlations

0.990.750.970.950.940.97-0.350.960.731.00.530.730.960.760.990.850.980.990.970.00.980.99-0.430.850.32
0.990.780.940.90.970.98-0.460.960.670.980.480.670.960.720.990.850.970.990.960.060.940.99-0.410.810.26
0.750.780.740.630.740.72-0.590.730.660.720.330.660.740.460.770.730.760.770.790.020.660.79-0.280.54-0.02
0.970.940.740.930.890.91-0.380.960.770.950.580.770.930.760.940.840.970.950.960.120.930.96-0.520.840.25
0.950.90.630.930.810.86-0.090.890.80.940.650.80.90.880.880.820.950.890.930.030.940.9-0.640.930.37
0.940.970.740.890.810.95-0.580.950.630.920.380.630.940.650.960.850.940.960.940.060.850.97-0.350.740.24
0.970.980.720.910.860.95-0.430.940.580.980.430.580.940.650.990.790.930.990.92-0.050.950.98-0.260.750.31
-0.35-0.46-0.59-0.38-0.09-0.58-0.43-0.49-0.17-0.310.22-0.17-0.430.01-0.46-0.4-0.4-0.45-0.44-0.15-0.19-0.46-0.08-0.060.39
0.960.960.730.960.890.950.94-0.490.70.940.440.70.990.710.960.860.970.960.97-0.040.90.97-0.450.80.24
0.730.670.660.770.80.630.58-0.170.70.680.391.00.70.690.660.750.780.670.820.070.660.72-0.640.730.17
1.00.980.720.950.940.920.98-0.310.940.680.540.680.940.740.990.820.960.990.94-0.010.990.98-0.390.840.35
0.530.480.330.580.650.380.430.220.440.390.540.390.440.680.440.530.520.450.470.230.560.48-0.530.640.39
0.730.670.660.770.80.630.58-0.170.71.00.680.390.70.690.660.750.780.670.820.070.660.72-0.640.730.17
0.960.960.740.930.90.940.94-0.430.990.70.940.440.70.740.950.870.970.950.97-0.110.90.96-0.460.820.23
0.760.720.460.760.880.650.650.010.710.690.740.680.690.740.670.70.80.680.770.170.740.71-0.790.980.32
0.990.990.770.940.880.960.99-0.460.960.660.990.440.660.950.670.830.961.00.95-0.020.950.99-0.310.770.29
0.850.850.730.840.820.850.79-0.40.860.750.820.530.750.870.70.830.880.830.90.090.760.86-0.540.730.17
0.980.970.760.970.950.940.93-0.40.970.780.960.520.780.970.80.960.880.960.990.070.930.98-0.560.880.23
0.990.990.770.950.890.960.99-0.450.960.670.990.450.670.950.681.00.830.960.96-0.010.960.99-0.330.780.29
0.970.960.790.960.930.940.92-0.440.970.820.940.470.820.970.770.950.90.990.960.040.90.98-0.540.850.22
0.00.060.020.120.030.06-0.05-0.15-0.040.07-0.010.230.07-0.110.17-0.020.090.07-0.010.04-0.030.01-0.370.11-0.25
0.980.940.660.930.940.850.95-0.190.90.660.990.560.660.90.740.950.760.930.960.9-0.030.94-0.380.840.41
0.990.990.790.960.90.970.98-0.460.970.720.980.480.720.960.710.990.860.980.990.980.010.94-0.380.80.29
-0.43-0.41-0.28-0.52-0.64-0.35-0.26-0.08-0.45-0.64-0.39-0.53-0.64-0.46-0.79-0.31-0.54-0.56-0.33-0.54-0.37-0.38-0.38-0.74-0.02
0.850.810.540.840.930.740.75-0.060.80.730.840.640.730.820.980.770.730.880.780.850.110.840.8-0.740.34
0.320.26-0.020.250.370.240.310.390.240.170.350.390.170.230.320.290.170.230.290.22-0.250.410.29-0.020.34
Click cells to compare fundamentals

Artivion Account Relationship Matchups

Artivion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets605.7M789.4M793.1M762.8M792.4M832.0M
Short Long Term Debt Total245.2M317.4M362.0M356.8M358.3M376.3M
Other Current Liab1.8M34.1M21.9M25.8M35.3M37.0M
Total Current Liabilities45.2M60.5M45.0M49.7M57.9M60.8M
Total Stockholder Equity285.7M328.7M300.7M284.3M281.8M295.9M
Property Plant And Equipment Net54.1M51.6M83.2M80.5M82.2M86.3M
Net Debt210.9M255.4M307.0M317.5M299.4M314.4M
Retained Earnings36.7M20.0M2.0M(17.2M)(47.9M)(45.5M)
Accounts Payable9.8M9.6M10.4M12.0M13.3M14.0M
Cash34.3M62.0M55.0M39.4M58.9M61.9M
Non Current Assets Total418.3M554.8M545.4M515.5M511.7M537.3M
Non Currrent Assets Other14.2M14.6M8.3M7.3M8.9M5.7M
Cash And Short Term Investments34.3M62.0M55.0M39.4M58.9M61.9M
Net Receivables55.9M48.8M58.1M69.6M74.1M77.8M
Common Stock Shares Outstanding37.9M37.9M39.0M40.0M40.7M27.7M
Liabilities And Stockholders Equity605.7M789.4M793.1M762.8M792.4M832.0M
Non Current Liabilities Total274.8M400.2M447.4M428.8M452.8M475.4M
Other Current Assets44.2M51.4M57.6M63.9M65.6M68.9M
Other Stockholder Equity257.2M301.5M308.2M322.7M341.3M358.3M
Total Liab320.0M460.7M492.3M478.5M510.6M536.1M
Total Current Assets187.4M234.6M247.7M247.3M280.7M294.7M
Accumulated Other Comprehensive Income(8.6M)6.7M(9.9M)(21.6M)(12.0M)(11.4M)
Short Term Debt7.2M13.9M9.0M9.3M5.4M6.8M
Intangible Assets157.7M227.1M201.5M182.6M172.2M180.8M
Inventory53.1M73.0M77.0M74.5M82.0M86.1M
Short Term Investments776K747K528K546K491.4K466.8K
Common Stock390K404K414K418K426K329.7K
Current Deferred Revenue26.3M24.1M28.2M24.5M3.8M3.6M
Good Will186.7M260.1M250M243.6M247.3M143.2M
Other Liab36.9M90.4M90.6M77.4M89.0M69.6M
Net Tangible Assets(58.7M)(158.4M)(150.8M)(141.9M)(127.8M)(134.1M)
Other Assets19.7M16.0M10.6M8.7M7.8M10.2M
Property Plant Equipment54.1M51.6M83.2M38.7M44.5M53.6M
Long Term Debt214.6M290.5M307.5M306.5M305.5M300.7M
Capital Lease Obligations29.4M25.7M52.9M48.7M51.4M39.4M
Net Invested Capital501.4M620.4M609.9M592.4M588.8M624.2M
Short Long Term Debt1.2M1.2M1.6M1.6M1.5M1.5M
Capital Stock390K404K414K418K426K446.8K
Non Current Liabilities Other6.6M50.2M55.9M47.4M71.2M43.7M
Net Working Capital142.2M174.1M202.7M197.7M222.8M198.8M

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