Ark Short Term Investments vs Accounts Payable Analysis
ARKR Stock | USD 12.85 0.94 6.82% |
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 Short Term Investments and its Accounts Payable 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.
Short Term Investments vs Accounts Payable
Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ark Restaurants Corp Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ark Restaurants' Short Term Investments and Accounts Payable is -0.53. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable 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' Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Ark Restaurants Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Investments i.e., Ark Restaurants' Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Ark Restaurants balance sheet. It contains any investments Ark Restaurants Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Ark Restaurants Corp can easily liquidate in the marketplace.Accounts Payable
An accounting item on the balance sheet that represents Ark Restaurants obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ark Restaurants Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 12/11/2024, 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 Profit | 71.1M | 45.4M | 52.2M | 55.5M | Total Revenue | 183.7M | 184.8M | 212.5M | 115.3M |
Ark Restaurants fundamental ratios Correlations
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Ark Restaurants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ark Restaurants fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 153.3M | 161.2M | 209.5M | 177.0M | 203.5M | 213.7M | |
Short Long Term Debt Total | 101.1M | 91.2M | 128.6M | 107.3M | 123.4M | 129.6M | |
Other Current Liab | 13.8M | 6.6M | 15.1M | 7.1M | 8.2M | 6.1M | |
Total Current Liabilities | 30.1M | 31.7M | 34.9M | 27.9M | 32.0M | 33.6M | |
Total Stockholder Equity | 36.5M | 50.4M | 59.8M | 50.3M | 57.8M | 31.0M | |
Property Plant And Equipment Net | 91.9M | 92.5M | 136.4M | 130.8M | 150.4M | 157.9M | |
Net Debt | 84.3M | 72.0M | 105.2M | 93.9M | 108.0M | 113.4M | |
Retained Earnings | 23.0M | 35.9M | 44.3M | 36.1M | 41.5M | 43.6M | |
Cash | 16.9M | 19.2M | 23.4M | 13.4M | 15.4M | 16.2M | |
Non Current Assets Total | 126.4M | 126.9M | 170.4M | 155.0M | 178.3M | 187.2M | |
Non Currrent Assets Other | 2.4M | 2.3M | 2.5M | 2.2M | 2.5M | 2.5M | |
Cash And Short Term Investments | 16.9M | 19.2M | 28.5M | 13.4M | 15.4M | 16.2M | |
Net Receivables | 2.1M | 4.5M | 3.6M | 3.6M | 4.2M | 3.0M | |
Common Stock Shares Outstanding | 3.5M | 3.6M | 3.6M | 3.6M | 4.1M | 3.7M | |
Liabilities And Stockholders Equity | 153.3M | 161.2M | 209.5M | 177.0M | 203.5M | 213.7M | |
Non Current Liabilities Total | 86.0M | 78.1M | 114.5M | 97.4M | 112.0M | 117.6M | |
Inventory | 2.6M | 3.5M | 3.7M | 3.1M | 3.6M | 3.7M | |
Other Current Assets | 5.3M | 7.1M | 3.3M | 1.8M | 2.0M | 1.7M | |
Other Stockholder Equity | 13.5M | 14.5M | 15.5M | 14.2M | 16.3M | 23.0M | |
Total Liab | 116.2M | 109.8M | 149.4M | 125.2M | 144.0M | 151.2M | |
Property Plant And Equipment Gross | 37.7M | 152.8M | 199.7M | 198.3M | 228.1M | 239.5M | |
Total Current Assets | 26.9M | 34.3M | 39.1M | 21.9M | 25.2M | 13.2M | |
Short Term Debt | 15.1M | 19.3M | 14.1M | 10.0M | 11.5M | 12.0M | |
Intangible Assets | 3.8M | 4.6M | 4.5M | 4.4M | 4.0M | 2.5M | |
Accounts Payable | 2.3M | 4.9M | 4.5M | 4.1M | 4.7M | 3.3M | |
Other Assets | 73.1M | 7.3M | 7.0M | (23.6M) | (27.1M) | (25.8M) | |
Long Term Debt | 36.1M | 25.5M | 17.1M | 5.1M | 5.9M | 11.4M | |
Property Plant Equipment | 47.8M | 37.7M | 92.5M | 34.7M | 39.9M | 36.8M | |
Current Deferred Revenue | 3.7M | 5.0M | 5.5M | 6.0M | 6.9M | 3.6M | |
Net Tangible Assets | 22.3M | 36.5M | 21.5M | 59.8M | 68.8M | 72.2M | |
Noncontrolling Interest In Consolidated Entity | 1.4M | 843K | 626K | 318K | 286.2K | 271.9K | |
Retained Earnings Total Equity | 29.4M | 28.6M | 23.0M | 44.3M | 50.9M | 27.0M | |
Capital Surpluse | 12.9M | 13.3M | 13.5M | 15.5M | 13.9M | 14.6M |
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
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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.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.