Arko Other Current Assets vs Inventory Analysis
ARKO Stock | USD 7.21 0.01 0.14% |
Arko Corp financial indicator trend analysis is way more than just evaluating Arko Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arko Corp is a good investment. Please check the relationship between Arko Corp Other Current Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arko Corp Other Current Assets account and Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Arko Corp's Other Current Assets and Inventory is 0.27. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Arko Corp, assuming nothing else is changed. The correlation between historical values of Arko Corp's Other Current Assets and 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 Other Current Assets of Arko Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Arko Corp's Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Inventory
Most indicators from Arko Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arko Corp 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 Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.As of the 28th of November 2024, Enterprise Value is likely to grow to about 4.2 B, while Discontinued Operations is likely to drop (37.8 K).
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 138.5M | 167.8M | 132.8M | 105.0M | Other Operating Expenses | 7.3B | 9.0B | 9.3B | 5.9B |
Arko Corp fundamental ratios Correlations
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Arko Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arko Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 58.2M | 89.0M | 94.5M | 107.4M | 126.0M | 100.8M | |
Total Current Liabilities | 340.5M | 387.1M | 408.4M | 446.4M | 486.2M | 365.0M | |
Other Liab | 37.4M | 73.0M | 197.4M | 243.9M | 219.5M | 141.5M | |
Net Tangible Assets | (93.2M) | (174.0M) | (130.2M) | (133.6M) | (120.2M) | (126.2M) | |
Retained Earnings | (43.4M) | (30.2M) | 29.5M | 81.8M | 96.1M | 100.9M | |
Accounts Payable | 128.8M | 155.7M | 172.9M | 217.4M | 213.7M | 158.1M | |
Other Assets | 53.8M | 84.2M | 65.7M | 59.6M | 53.6M | 82.8M | |
Net Receivables | 59.8M | 46.9M | 62.3M | 118.1M | 200.3M | 210.3M | |
Inventory | 157.8M | 163.7M | 197.8M | 222.0M | 250.6M | 173.5M | |
Other Current Assets | 15.1M | 98.5M | 105.2M | 103.4M | 76.2M | 79.5M | |
Other Stockholder Equity | 104.7M | 212.1M | 214.8M | 190.0M | 170.9M | 145.0M | |
Total Current Assets | 290.1M | 609.4M | 683.6M | 747.1M | 749.1M | 661.9M | |
Property Plant Equipment | 1.3B | 1.7B | 1.8B | 2.0B | 2.3B | 1.6B | |
Common Stock Shares Outstanding | 66.7M | 71.1M | 125.4M | 123.2M | 119.6M | 105.5M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Automotive Retail 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 Arko Corp. If investors know Arko 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 Arko Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Dividend Share 0.12 | Earnings Share 0.16 | Revenue Per Share 77.121 | Quarterly Revenue Growth (0.13) |
The market value of Arko Corp is measured differently than its book value, which is the value of Arko that is recorded on the company's balance sheet. Investors also form their own opinion of Arko Corp's value that differs from its market value or its book value, called intrinsic value, which is Arko Corp'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 Arko Corp's market value can be influenced by many factors that don't directly affect Arko Corp'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 Arko Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arko Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arko Corp'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.