Arena Net Income vs Change To Inventory Analysis
AREN Stock | USD 1.45 0.07 5.07% |
Arena Group financial indicator trend analysis is way more than just evaluating Arena Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arena Group Holdings is a good investment. Please check the relationship between Arena Group Net Income and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Net Income vs Change To Inventory
Net Income vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arena Group Holdings Net Income account and Change To Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Arena Group's Net Income and Change To Inventory is 0.09. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Arena Group Holdings, assuming nothing else is changed. The correlation between historical values of Arena Group's Net Income and Change To Inventory 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 Income of Arena Group Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., Arena Group's Net Income and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Arena Group Holdings financial statement analysis. It represents the amount of money remaining after all of Arena Group Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Arena Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arena Group Holdings 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 Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Arena Group's Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Tax Provision is likely to grow to about 268.1 K, while Discontinued Operations is likely to drop (3.3 M).
2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 220.9M | 244.2M | 280.8M | 294.9M | Interest Expense | 11.4M | 18.0M | 20.7M | 21.7M |
Arena Group fundamental ratios Correlations
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Arena Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arena Group fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Other Current Assets | 858.3K | 14.8M | 30.9M | 36.3M | 41.7M | 43.8M | |
Other Liab | 31.4M | 26.5M | 30.2M | 26.0M | 29.9M | 21.6M | |
Net Tangible Assets | (150.5M) | (115.3M) | (137.9M) | (160.8M) | (144.7M) | (151.9M) | |
Property Plant Equipment | 4.6M | 19.4M | 1.2M | 1.1M | 1.3M | 1.2M | |
Other Assets | 30.8M | 25.9M | 8.9M | 15.3M | 17.6M | 17.8M | |
Net Invested Capital | 49.1M | 30.4M | 62.4M | 70.8M | 81.4M | 42.4M | |
Short Long Term Debt | 7.2M | 17.7M | 114.6M | 129.8M | 149.3M | 156.7M | |
Capital Stock | 20.7M | 126.3K | 182K | 237K | 213.3K | 202.6K | |
Non Current Liabilities Other | 2.7M | 7.6M | 5.3M | 56K | 64.4K | 61.2K | |
Net Working Capital | (33.7M) | (38.7M) | (137.7M) | (145.6M) | (131.1M) | (124.5M) | |
Capital Lease Obligations | 20.9M | 1.2M | 785K | 2.0M | 1.8M | 1.7M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arena Group. If investors know Arena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arena Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Arena Group Holdings is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Group's value that differs from its market value or its book value, called intrinsic value, which is Arena Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arena Group's market value can be influenced by many factors that don't directly affect Arena Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arena Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arena Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.