Ark Reconciled Depreciation vs Net Income From Continuing Ops Analysis

ARKR Stock  USD 11.79  0.22  1.83%   
Ark Restaurants financial indicator trend analysis is way more than just evaluating Ark Restaurants Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ark Restaurants Corp is a good investment. Please check the relationship between Ark Restaurants Reconciled Depreciation and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ark Restaurants 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.

Reconciled Depreciation vs Net Income From Continuing Ops

Reconciled Depreciation vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ark Restaurants Corp Reconciled Depreciation account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between Ark Restaurants' Reconciled Depreciation and Net Income From Continuing Ops is 0.0. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Ark Restaurants Corp, assuming nothing else is changed. The correlation between historical values of Ark Restaurants' Reconciled Depreciation and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Ark Restaurants Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Reconciled Depreciation i.e., Ark Restaurants' Reconciled Depreciation and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Reconciled Depreciation

Net Income From Continuing Ops

Most indicators from Ark Restaurants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ark Restaurants 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 Ark Restaurants 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.
At this time, Ark Restaurants' Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/18/2024, Enterprise Value Multiple is likely to grow to 221.81, while Selling General Administrative is likely to drop slightly above 10.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit71.1M45.4M52.2M55.5M
Total Revenue183.7M184.8M212.5M115.3M

Ark Restaurants fundamental ratios Correlations

0.970.460.940.670.990.970.870.851.0-0.040.830.30.780.980.960.43-0.330.990.930.710.810.480.540.54-0.62
0.970.410.890.530.981.00.740.840.97-0.130.820.110.671.00.880.44-0.441.00.90.670.840.560.40.51-0.57
0.460.410.530.580.370.370.430.660.410.140.70.260.290.410.470.45-0.040.440.180.740.390.080.240.57-0.26
0.940.890.530.730.90.880.870.80.930.050.780.410.780.880.950.57-0.140.910.810.730.890.450.650.63-0.68
0.670.530.580.730.60.510.840.630.650.180.640.780.780.550.790.420.050.590.580.780.50.30.840.57-0.63
0.990.980.370.90.60.980.830.790.99-0.080.770.230.770.980.920.32-0.350.980.950.610.770.480.490.42-0.58
0.971.00.370.880.510.980.720.790.97-0.150.770.080.670.990.870.4-0.440.990.910.620.830.590.40.49-0.59
0.870.740.430.870.840.830.720.730.860.130.720.660.850.760.950.31-0.030.790.840.660.590.240.770.46-0.6
0.850.840.660.80.630.790.790.730.810.030.990.310.550.840.850.64-0.370.850.730.90.750.270.350.59-0.33
1.00.970.410.930.650.990.970.860.81-0.050.790.270.790.980.950.38-0.330.990.930.650.790.50.540.51-0.64
-0.04-0.130.140.050.18-0.08-0.150.130.03-0.050.020.220.1-0.120.05-0.10.51-0.1-0.090.04-0.12-0.470.05-0.040.17
0.830.820.70.780.640.770.770.720.990.790.020.290.510.820.830.6-0.360.830.710.910.720.290.350.61-0.32
0.30.110.260.410.780.230.080.660.310.270.220.290.590.120.510.320.260.170.30.470.17-0.140.750.18-0.34
0.780.670.290.780.780.770.670.850.550.790.10.510.590.690.830.24-0.010.720.750.50.520.240.70.32-0.65
0.981.00.410.880.550.980.990.760.840.98-0.120.820.120.690.890.4-0.451.00.910.660.810.550.410.51-0.57
0.960.880.470.950.790.920.870.950.850.950.050.830.510.830.890.5-0.20.920.890.750.780.390.680.59-0.63
0.430.440.450.570.420.320.40.310.640.38-0.10.60.320.240.40.5-0.240.440.220.750.750.330.320.69-0.38
-0.33-0.44-0.04-0.140.05-0.35-0.44-0.03-0.37-0.330.51-0.360.26-0.01-0.45-0.2-0.24-0.41-0.34-0.26-0.34-0.440.27-0.230.2
0.991.00.440.910.590.980.990.790.850.99-0.10.830.170.721.00.920.44-0.410.910.680.840.540.460.54-0.6
0.930.90.180.810.580.950.910.840.730.93-0.090.710.30.750.910.890.22-0.340.910.550.690.440.530.3-0.49
0.710.670.740.730.780.610.620.660.90.650.040.910.470.50.660.750.75-0.260.680.550.710.350.510.7-0.41
0.810.840.390.890.50.770.830.590.750.79-0.120.720.170.520.810.780.75-0.340.840.690.710.60.460.68-0.59
0.480.560.080.450.30.480.590.240.270.5-0.470.29-0.140.240.550.390.33-0.440.540.440.350.60.410.63-0.68
0.540.40.240.650.840.490.40.770.350.540.050.350.750.70.410.680.320.270.460.530.510.460.410.49-0.67
0.540.510.570.630.570.420.490.460.590.51-0.040.610.180.320.510.590.69-0.230.540.30.70.680.630.49-0.65
-0.62-0.57-0.26-0.68-0.63-0.58-0.59-0.6-0.33-0.640.17-0.32-0.34-0.65-0.57-0.63-0.380.2-0.6-0.49-0.41-0.59-0.68-0.67-0.65
Click cells to compare fundamentals

Ark Restaurants Account Relationship Matchups

Ark Restaurants fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets153.3M161.2M209.5M177.0M203.5M213.7M
Short Long Term Debt Total101.1M91.2M128.6M107.3M123.4M129.6M
Other Current Liab13.8M6.6M15.1M7.1M8.2M6.1M
Total Current Liabilities30.1M31.7M34.9M27.9M32.0M33.6M
Total Stockholder Equity36.5M50.4M59.8M50.3M57.8M31.0M
Property Plant And Equipment Net91.9M92.5M136.4M130.8M150.4M157.9M
Net Debt84.3M72.0M105.2M93.9M108.0M113.4M
Retained Earnings23.0M35.9M44.3M36.1M41.5M43.6M
Cash16.9M19.2M23.4M13.4M15.4M16.2M
Non Current Assets Total126.4M126.9M170.4M155.0M178.3M187.2M
Non Currrent Assets Other2.4M2.3M2.5M2.2M2.5M2.5M
Cash And Short Term Investments16.9M19.2M28.5M13.4M15.4M16.2M
Net Receivables2.1M4.5M3.6M3.6M4.2M3.0M
Common Stock Shares Outstanding3.5M3.6M3.6M3.6M4.1M3.7M
Liabilities And Stockholders Equity153.3M161.2M209.5M177.0M203.5M213.7M
Non Current Liabilities Total86.0M78.1M114.5M97.4M112.0M117.6M
Inventory2.6M3.5M3.7M3.1M3.6M3.7M
Other Current Assets5.3M7.1M3.3M1.8M2.0M1.7M
Other Stockholder Equity13.5M14.5M15.5M14.2M16.3M23.0M
Total Liab116.2M109.8M149.4M125.2M144.0M151.2M
Property Plant And Equipment Gross37.7M152.8M199.7M198.3M228.1M239.5M
Total Current Assets26.9M34.3M39.1M21.9M25.2M13.2M
Short Term Debt15.1M19.3M14.1M10.0M11.5M12.0M
Intangible Assets3.8M4.6M4.5M4.4M4.0M2.5M
Accounts Payable2.3M4.9M4.5M4.1M4.7M3.3M
Other Assets73.1M7.3M7.0M(23.6M)(27.1M)(25.8M)
Long Term Debt36.1M25.5M17.1M5.1M5.9M11.4M
Property Plant Equipment47.8M37.7M92.5M34.7M39.9M36.8M
Current Deferred Revenue3.7M5.0M5.5M6.0M6.9M3.6M
Net Tangible Assets22.3M36.5M21.5M59.8M68.8M72.2M
Noncontrolling Interest In Consolidated Entity1.4M843K626K318K286.2K271.9K
Retained Earnings Total Equity29.4M28.6M23.0M44.3M50.9M27.0M
Capital Surpluse12.9M13.3M13.5M15.5M13.9M14.6M

Pair Trading with Ark Restaurants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ark Restaurants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ark Restaurants will appreciate offsetting losses from the drop in the long position's value.

Moving against Ark Stock

  0.4DIN Dine Brands GlobalPairCorr
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  0.31GENK GEN Restaurant Group,PairCorr
The ability to find closely correlated positions to Ark Restaurants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ark Restaurants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ark Restaurants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ark Restaurants Corp to buy it.
The correlation of Ark Restaurants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ark Restaurants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ark Restaurants Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ark Restaurants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Ark Stock Analysis

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