Arch Net Receivables vs Common Stock Shares Outstanding Analysis

ARCH Stock  CAD 1.77  0.05  2.91%   
Arch Biopartners financial indicator trend analysis is way more than just evaluating Arch Biopartners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arch Biopartners is a good investment. Please check the relationship between Arch Biopartners Net Receivables and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arch Biopartners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arch Biopartners Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Arch Biopartners' Net Receivables and Common Stock Shares Outstanding is 0.24. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Arch Biopartners, assuming nothing else is changed. The correlation between historical values of Arch Biopartners' Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Arch Biopartners are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Arch Biopartners' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Arch Biopartners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arch Biopartners 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 Arch Biopartners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Selling General Administrative is likely to climb to about 763.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 109.4 K in 2024.
 2021 2022 2023 2024 (projected)
Research Development1.3M2.2M2.5M2.7M
Interest Expense309.3K358.9K412.8K433.4K

Arch Biopartners fundamental ratios Correlations

0.320.45-0.570.150.66-0.60.730.450.450.360.030.560.640.94-0.130.580.650.920.40.590.260.55-0.050.4-0.61
0.320.2-0.270.030.3-0.170.29-0.04-0.040.010.020.160.270.3-0.030.190.280.40.110.320.780.08-0.010.11-0.27
0.450.2-0.850.270.87-0.790.360.80.80.30.020.840.910.65-0.220.690.890.320.950.140.490.63-0.750.95-0.78
-0.57-0.27-0.85-0.33-0.970.97-0.69-0.77-0.77-0.5-0.25-0.92-0.97-0.690.3-0.9-0.97-0.39-0.88-0.58-0.43-0.820.46-0.880.99
0.150.030.27-0.330.32-0.490.130.440.440.90.120.030.320.31-0.990.310.340.120.340.24-0.250.72-0.180.3-0.32
0.660.30.87-0.970.32-0.940.70.760.760.460.230.910.990.8-0.290.91.00.530.880.590.440.78-0.550.88-0.96
-0.6-0.17-0.790.97-0.49-0.94-0.69-0.8-0.8-0.66-0.21-0.87-0.94-0.720.47-0.9-0.94-0.41-0.85-0.61-0.26-0.910.4-0.840.97
0.730.290.36-0.690.130.7-0.690.420.420.350.170.660.680.71-0.120.690.680.640.390.880.280.58-0.080.39-0.77
0.45-0.040.8-0.770.440.76-0.80.421.00.480.130.740.820.64-0.40.780.810.190.870.330.170.72-0.620.87-0.73
0.45-0.040.8-0.770.440.76-0.80.421.00.480.130.740.820.64-0.40.780.810.190.870.330.170.72-0.620.87-0.73
0.360.010.3-0.50.90.46-0.660.350.480.480.20.230.440.42-0.870.480.470.240.390.42-0.210.890.010.36-0.51
0.030.020.02-0.250.120.23-0.210.170.130.130.20.140.20.05-0.120.370.22-0.020.190.43-0.260.19-0.020.19-0.25
0.560.160.84-0.920.030.91-0.870.660.740.740.230.140.920.660.00.870.910.370.870.470.450.63-0.510.88-0.91
0.640.270.91-0.970.320.99-0.940.680.820.820.440.20.920.8-0.290.891.00.490.920.540.440.77-0.610.92-0.95
0.940.30.65-0.690.310.8-0.720.710.640.640.420.050.660.8-0.290.690.80.870.610.570.280.64-0.370.61-0.7
-0.13-0.03-0.220.3-0.99-0.290.47-0.12-0.4-0.4-0.87-0.120.0-0.29-0.29-0.29-0.31-0.12-0.3-0.260.27-0.680.16-0.260.29
0.580.190.69-0.90.310.9-0.90.690.780.780.480.370.870.890.69-0.290.910.390.830.710.230.77-0.450.83-0.9
0.650.280.89-0.970.341.0-0.940.680.810.810.470.220.911.00.8-0.310.910.50.910.570.430.79-0.580.9-0.96
0.920.40.32-0.390.120.53-0.410.640.190.190.24-0.020.370.490.87-0.120.390.50.220.520.250.37-0.060.22-0.43
0.40.110.95-0.880.340.88-0.850.390.870.870.390.190.870.920.61-0.30.830.910.220.260.340.7-0.741.0-0.81
0.590.320.14-0.580.240.59-0.610.880.330.330.420.430.470.540.57-0.260.710.570.520.260.090.540.020.25-0.67
0.260.780.49-0.43-0.250.44-0.260.280.170.17-0.21-0.260.450.440.280.270.230.430.250.340.090.06-0.260.36-0.41
0.550.080.63-0.820.720.78-0.910.580.720.720.890.190.630.770.64-0.680.770.790.370.70.540.06-0.230.68-0.82
-0.05-0.01-0.750.46-0.18-0.550.4-0.08-0.62-0.620.01-0.02-0.51-0.61-0.370.16-0.45-0.58-0.06-0.740.02-0.26-0.23-0.740.38
0.40.110.95-0.880.30.88-0.840.390.870.870.360.190.880.920.61-0.260.830.90.221.00.250.360.68-0.74-0.81
-0.61-0.27-0.780.99-0.32-0.960.97-0.77-0.73-0.73-0.51-0.25-0.91-0.95-0.70.29-0.9-0.96-0.43-0.81-0.67-0.41-0.820.38-0.81
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Arch Biopartners Account Relationship Matchups

Arch Biopartners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets741.3K2.7M621.6K1.2M1.1M588.8K
Other Current Liab269.8K424.8K190K172.5K155.3K160.5K
Total Current Liabilities1.2M3.2M2.8M6.0M6.9M7.2M
Total Stockholder Equity(3.9M)(3.9M)(4.5M)(5.5M)(5.0M)(4.7M)
Net Debt2.7M4.7M3.9M4.2M4.8M5.1M
Retained Earnings(22.1M)(23.3M)(24.7M)(28.1M)(25.2M)(24.0M)
Accounts Payable949.2K962.0K489.4K393.4K452.4K410.7K
Cash653.7K448.2K506.3K831.3K956.0K1.0M
Cash And Short Term Investments653.7K448.2K506.3K831.3K956.0K1.0M
Common Stock Shares Outstanding59.9M61.3M62.2M62.5M71.8M41.8M
Liabilities And Stockholders Equity741.3K2.7M621.6K1.2M1.1M588.8K
Other Current Assets26.6K19.3K28.1K43.0K49.5K39.8K
Other Stockholder Equity4.6M4.7M4.7M6.7M6.0M6.3M
Total Liab4.6M6.6M5.1M6.7M7.7M8.1M
Total Current Assets741.3K2.7M621.6K1.2M1.3M1.4M
Short Long Term Debt Total3.4M5.2M4.4M5.0M5.8M6.1M
Net Receivables61.0K2.2M87.2K296.9K341.4K337.1K
Non Current Liabilities Total3.4M3.4M2.3M703.9K809.5K1.3M
Common Stock13.7M14.8M15.6M15.9M18.3M11.4M
Net Tangible Assets(2.6M)(3.9M)(3.9M)(4.5M)(4.0M)(3.8M)
Long Term Debt3.4M3.4M2.3M703.9K809.5K769.0K
Net Invested Capital(477.7K)1.3M(57.8K)(493.6K)(444.3K)(422.1K)
Net Working Capital(477.7K)(520.8K)(2.2M)(4.8M)(4.3M)(4.1M)
Capital Stock13.7M14.8M15.6M15.9M18.3M15.4M

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