Arcutis Change In Cash vs Sale Purchase Of Stock Analysis

ARQT Stock  USD 12.25  0.52  4.07%   
Arcutis Biotherapeutics financial indicator trend analysis is way more than just evaluating Arcutis Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcutis Biotherapeutics is a good investment. Please check the relationship between Arcutis Biotherapeutics Change In Cash and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcutis Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Arcutis Stock please use our How to Invest in Arcutis Biotherapeutics guide.

Change In Cash vs Sale Purchase Of Stock

Change In Cash vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcutis Biotherapeutics Change In Cash account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Arcutis Biotherapeutics' Change In Cash and Sale Purchase Of Stock is 0.33. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Arcutis Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Arcutis Biotherapeutics' Change In Cash and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Arcutis Biotherapeutics are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change In Cash i.e., Arcutis Biotherapeutics' Change In Cash and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change In Cash

Sale Purchase Of Stock

Most indicators from Arcutis Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcutis Biotherapeutics 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 Arcutis Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Arcutis Stock please use our How to Invest in Arcutis Biotherapeutics guide.At this time, Arcutis Biotherapeutics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.3 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (1.43).

Arcutis Biotherapeutics fundamental ratios Correlations

0.960.960.870.920.53-0.820.940.880.861.00.910.820.710.930.870.880.780.971.01.0-0.930.670.820.950.94
0.961.00.780.90.64-0.890.990.860.90.940.970.770.750.950.910.920.820.940.960.95-0.950.560.910.90.97
0.961.00.780.90.64-0.90.990.860.90.930.960.780.750.950.910.930.820.940.950.94-0.950.550.910.90.97
0.870.780.780.950.28-0.570.770.70.540.90.640.590.280.80.680.740.380.930.880.88-0.840.880.540.950.84
0.920.90.90.950.4-0.710.90.780.670.910.790.650.410.880.790.830.520.960.920.91-0.910.830.680.970.94
0.530.640.640.280.4-0.840.610.280.710.490.620.330.610.690.650.780.640.570.520.51-0.7-0.160.870.450.6
-0.82-0.89-0.9-0.57-0.71-0.84-0.89-0.74-0.9-0.78-0.9-0.74-0.78-0.94-0.95-0.97-0.83-0.79-0.82-0.80.92-0.27-0.93-0.77-0.9
0.940.990.990.770.90.61-0.890.860.910.910.950.80.720.940.90.920.80.920.940.93-0.930.570.880.90.98
0.880.860.860.70.780.28-0.740.860.80.880.890.940.740.830.870.750.790.760.880.88-0.790.660.650.830.85
0.860.90.90.540.670.71-0.90.910.80.830.920.860.910.850.840.860.950.780.860.85-0.830.270.920.740.85
1.00.940.930.90.910.49-0.780.910.880.830.890.820.680.910.850.860.750.961.01.0-0.920.70.780.950.92
0.910.970.960.640.790.62-0.90.950.890.920.890.810.860.90.920.870.910.840.910.9-0.880.440.90.810.91
0.820.770.780.590.650.33-0.740.80.940.860.820.810.780.780.810.720.810.670.820.82-0.730.50.630.760.77
0.710.750.750.280.410.61-0.780.720.740.910.680.860.780.660.720.660.990.560.70.7-0.620.040.830.490.63
0.930.950.950.80.880.69-0.940.940.830.850.910.90.780.660.970.990.740.920.930.92-0.990.560.860.930.97
0.870.910.910.680.790.65-0.950.90.870.840.850.920.810.720.970.950.780.820.870.86-0.940.480.830.860.93
0.880.920.930.740.830.78-0.970.920.750.860.860.870.720.660.990.950.730.890.880.87-0.980.450.890.880.95
0.780.820.820.380.520.64-0.830.80.790.950.750.910.810.990.740.780.730.650.780.77-0.70.130.880.590.72
0.970.940.940.930.960.57-0.790.920.760.780.960.840.670.560.920.820.890.650.970.96-0.950.690.810.960.94
1.00.960.950.880.920.52-0.820.940.880.861.00.910.820.70.930.870.880.780.971.0-0.930.670.820.950.94
1.00.950.940.880.910.51-0.80.930.880.851.00.90.820.70.920.860.870.770.961.0-0.920.680.80.950.93
-0.93-0.95-0.95-0.84-0.91-0.70.92-0.93-0.79-0.83-0.92-0.88-0.73-0.62-0.99-0.94-0.98-0.7-0.95-0.93-0.92-0.57-0.86-0.94-0.97
0.670.560.550.880.83-0.16-0.270.570.660.270.70.440.50.040.560.480.450.130.690.670.68-0.570.180.80.64
0.820.910.910.540.680.87-0.930.880.650.920.780.90.630.830.860.830.890.880.810.820.8-0.860.180.70.83
0.950.90.90.950.970.45-0.770.90.830.740.950.810.760.490.930.860.880.590.960.950.95-0.940.80.70.95
0.940.970.970.840.940.6-0.90.980.850.850.920.910.770.630.970.930.950.720.940.940.93-0.970.640.830.95
Click cells to compare fundamentals

Arcutis Biotherapeutics Account Relationship Matchups

Arcutis Biotherapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets107.0M298.3M408.2M449.3M341.4M260.7M
Other Current Liab3.7M15.5M25.1M27.7M33.2M16.7M
Total Current Liabilities5.2M22.6M33.3M37.8M46.7M23.4M
Total Stockholder Equity(65.0M)270.6M297.7M209.6M88.7M121.4M
Net Tangible Assets(65.0M)270.6M297.7M202.4M232.8M124.1M
Net Debt(63.0M)(60.1M)(18.9M)148.9M117.5M123.4M
Retained Earnings(66.3M)(202.0M)(408.3M)(719.8M)(981.9M)(932.8M)
Accounts Payable1.4M7.1M7.4M8.8M12.0M6.1M
Cash63.3M65.1M96.4M53.6M88.4M64.4M
Non Current Assets Total538K5.4M5.4M11.9M10.9M11.5M
Cash And Short Term Investments101.3M284.4M387.1M409.6M271.9M237.1M
Common Stock Shares Outstanding38.1M35.7M49.4M55.0M69.3M44.6M
Short Term Investments37.9M219.4M290.6M355.9M183.5M172.7M
Liabilities And Stockholders Equity107.0M298.3M408.2M449.3M341.4M260.7M
Non Current Liabilities Total166.8M5.0M77.1M201.9M206.0M115.9M
Capital Surpluse289K1.2M472.6M706.2M812.2M852.8M
Other Current Assets5.2M7.9M15.7M11.8M19.6M20.6M
Other Stockholder Equity(165.2M)472.6M706.2M930.4M1.1B1.1B
Total Liab172.0M27.6M110.5M239.7M252.7M139.3M
Net Invested Capital(65.0M)270.6M370.0M407.4M290.5M195.6M
Total Current Assets106.5M292.8M402.8M437.4M330.4M255.3M
Net Working Capital101.2M270.2M369.4M399.6M283.8M231.9M
Non Current Liabilities Other184K5.0M4.8M849K976.4K927.5K

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