Aris Income Before Tax vs Research Development Analysis

ARIS Stock  USD 25.89  0.42  1.65%   
Aris Water financial indicator trend analysis is way more than just evaluating Aris Water Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aris Water Solutions is a good investment. Please check the relationship between Aris Water Income Before Tax and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aris Water Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aris Water Solutions Income Before Tax account and Research Development. At this time, the significance of the direction appears to have no relationship.
The correlation between Aris Water's Income Before Tax and Research Development is 0.03. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of Aris Water Solutions, assuming nothing else is changed. The correlation between historical values of Aris Water's Income Before Tax and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Aris Water Solutions are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., Aris Water's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Aris Water income statement and is an important metric when analyzing Aris Water Solutions profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Research Development

Most indicators from Aris Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aris Water Solutions 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 Aris Water Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Aris Water's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 4.09 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense25.5M29.2M32.9M34.5M
Depreciation And Amortization60.8M67.5M76.6M80.5M

Aris Water fundamental ratios Correlations

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Aris Water Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Aris Stock Analysis

When running Aris Water's price analysis, check to measure Aris Water'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 Aris Water is operating at the current time. Most of Aris Water's value examination focuses on studying past and present price action to predict the probability of Aris Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aris Water's price. Additionally, you may evaluate how the addition of Aris Water to your portfolios can decrease your overall portfolio volatility.