Aroa Net Receivables vs Other Assets Analysis

ARX Stock

0.80 0.05 6.67%

Aroa Biosurgery financial indicator trend analysis is way more than just evaluating Aroa Biosurgery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aroa Biosurgery is a good investment. Please check the relationship between Aroa Biosurgery Net Receivables and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aroa Biosurgery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Other Assets

Net Receivables vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aroa Biosurgery Net Receivables account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Aroa Biosurgery's Net Receivables and Other Assets is -0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets in the same time period over historical financial statements of Aroa Biosurgery, assuming nothing else is changed. The correlation between historical values of Aroa Biosurgery's Net Receivables and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Aroa Biosurgery are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Receivables i.e., Aroa Biosurgery's Net Receivables and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Receivables

Other Assets

Most indicators from Aroa Biosurgery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aroa Biosurgery 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 Aroa Biosurgery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 222.6 K in 2025, whereas Selling General Administrative is likely to drop slightly above 652.9 K in 2025.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	3.5M	4.0M	4.6M	2.9M
Interest Income	2.7M	1.7M	1.9M	1.1M

Depreciation And Amortization Interest Income

Aroa Biosurgery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Net Tangible Assets	Retained Earnings	Other Stockholder Equity	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments
Total Assets		0.59	0.62	0.99	-0.2	0.7	0.43	-0.58	0.92	0.77	0.73	0.6	0.1	0.87	0.86	0.65	-0.91	0.99	0.33	0.71	0.9	-0.93	-0.27	0.95	0.94	0.91
Other Current Liab	0.59		0.87	0.5	-0.21	0.83	0.31	-0.75	0.54	0.4	0.4	0.76	-0.48	0.45	0.45	0.48	-0.55	0.54	0.12	0.33	0.52	-0.63	-0.11	0.63	0.62	0.44
Total Current Liabilities	0.62	0.87		0.53	-0.18	0.72	0.57	-0.55	0.49	0.31	0.35	0.79	-0.46	0.49	0.45	0.56	-0.64	0.58	0.13	0.63	0.52	-0.7	-0.37	0.65	0.7	0.54
Total Stockholder Equity	0.99	0.5	0.53		-0.24	0.66	0.37	-0.49	0.92	0.81	0.73	0.47	0.24	0.89	0.9	0.55	-0.86	0.99	0.27	0.68	0.91	-0.88	-0.21	0.92	0.9	0.91
Other Liab	-0.2	-0.21	-0.18	-0.24		-0.05	-0.13	-0.26	-0.14	-0.16	-0.08	0.08	-0.52	-0.17	-0.19	0.36	-0.1	-0.17	0.29	-0.19	-0.19	0.25	0.1	-0.24	-0.25	-0.21
Accounts Payable	0.7	0.83	0.72	0.66	-0.05		0.37	-0.68	0.59	0.6	0.68	0.56	-0.24	0.67	0.59	0.48	-0.66	0.7	0.11	0.44	0.71	-0.61	-0.14	0.67	0.62	0.65
Cash	0.43	0.31	0.57	0.37	-0.13	0.37		-0.25	0.18	-0.04	0.32	0.58	-0.2	0.26	0.02	0.48	-0.52	0.44	0.22	0.9	0.24	-0.56	-0.96	0.44	0.57	0.57
Other Assets	-0.58	-0.75	-0.55	-0.49	-0.26	-0.68	-0.25		-0.61	-0.4	-0.3	-0.73	0.56	-0.35	-0.37	-0.68	0.68	-0.55	-0.41	-0.27	-0.43	0.57	0.14	-0.57	-0.56	-0.44
Net Receivables	0.92	0.54	0.49	0.92	-0.14	0.59	0.18	-0.61		0.69	0.57	0.45	0.15	0.8	0.91	0.51	-0.78	0.9	0.29	0.5	0.88	-0.79	-0.04	0.87	0.8	0.7
Short Term Investments	0.77	0.4	0.31	0.81	-0.16	0.6	-0.04	-0.4	0.69		0.58	0.23	0.26	0.77	0.83	0.4	-0.69	0.81	0.12	0.28	0.74	-0.64	0.21	0.68	0.65	0.79
Other Current Assets	0.73	0.4	0.35	0.73	-0.08	0.68	0.32	-0.3	0.57	0.58		0.41	0.11	0.76	0.59	0.49	-0.62	0.74	0.26	0.5	0.72	-0.65	-0.21	0.7	0.66	0.68
Total Liab	0.6	0.76	0.79	0.47	0.08	0.56	0.58	-0.73	0.45	0.23	0.41		-0.64	0.42	0.24	0.88	-0.75	0.55	0.47	0.58	0.41	-0.78	-0.48	0.69	0.76	0.51
Common Stock	0.1	-0.48	-0.46	0.24	-0.52	-0.24	-0.2	0.56	0.15	0.26	0.11	-0.64		0.28	0.31	-0.49	0.17	0.14	-0.24	0.0	0.27	0.05	0.17	0.06	-0.03	0.14
Property Plant Equipment	0.87	0.45	0.49	0.89	-0.17	0.67	0.26	-0.35	0.8	0.77	0.76	0.42	0.28		0.85	0.54	-0.78	0.88	0.27	0.56	0.97	-0.8	-0.08	0.9	0.81	0.79
Net Tangible Assets	0.86	0.45	0.45	0.9	-0.19	0.59	0.02	-0.37	0.91	0.83	0.59	0.24	0.31	0.85		0.34	-0.69	0.86	0.11	0.41	0.9	-0.68	0.17	0.78	0.7	0.71
Retained Earnings	0.65	0.48	0.56	0.55	0.36	0.48	0.48	-0.68	0.51	0.4	0.49	0.88	-0.49	0.54	0.34		-0.87	0.64	0.6	0.57	0.49	-0.77	-0.4	0.7	0.77	0.62
Other Stockholder Equity	-0.91	-0.55	-0.64	-0.86	-0.1	-0.66	-0.52	0.68	-0.78	-0.69	-0.62	-0.75	0.17	-0.78	-0.69	-0.87		-0.92	-0.43	-0.73	-0.76	0.92	0.37	-0.88	-0.92	-0.89
Total Current Assets	0.99	0.54	0.58	0.99	-0.17	0.7	0.44	-0.55	0.9	0.81	0.74	0.55	0.14	0.88	0.86	0.64	-0.92		0.32	0.72	0.89	-0.91	-0.28	0.93	0.93	0.94
Intangible Assets	0.33	0.12	0.13	0.27	0.29	0.11	0.22	-0.41	0.29	0.12	0.26	0.47	-0.24	0.27	0.11	0.6	-0.43	0.32		0.3	0.24	-0.42	-0.28	0.39	0.41	0.28
Short Long Term Debt Total	0.71	0.33	0.63	0.68	-0.19	0.44	0.9	-0.27	0.5	0.28	0.5	0.58	0.0	0.56	0.41	0.57	-0.73	0.72	0.3		0.54	-0.77	-0.82	0.69	0.79	0.8
Property Plant And Equipment Net	0.9	0.52	0.52	0.91	-0.19	0.71	0.24	-0.43	0.88	0.74	0.72	0.41	0.27	0.97	0.9	0.49	-0.76	0.89	0.24	0.54		-0.79	-0.05	0.92	0.8	0.75
Current Deferred Revenue	-0.93	-0.63	-0.7	-0.88	0.25	-0.61	-0.56	0.57	-0.79	-0.64	-0.65	-0.78	0.05	-0.8	-0.68	-0.77	0.92	-0.91	-0.42	-0.77	-0.79		0.43	-0.96	-1.0	-0.87
Net Debt	-0.27	-0.11	-0.37	-0.21	0.1	-0.14	-0.96	0.14	-0.04	0.21	-0.21	-0.48	0.17	-0.08	0.17	-0.4	0.37	-0.28	-0.28	-0.82	-0.05	0.43		-0.29	-0.43	-0.42
Non Current Assets Total	0.95	0.63	0.65	0.92	-0.24	0.67	0.44	-0.57	0.87	0.68	0.7	0.69	0.06	0.9	0.78	0.7	-0.88	0.93	0.39	0.69	0.92	-0.96	-0.29		0.96	0.83
Non Currrent Assets Other	0.94	0.62	0.7	0.9	-0.25	0.62	0.57	-0.56	0.8	0.65	0.66	0.76	-0.03	0.81	0.7	0.77	-0.92	0.93	0.41	0.79	0.8	-1.0	-0.43	0.96		0.89
Cash And Short Term Investments	0.91	0.44	0.54	0.91	-0.21	0.65	0.57	-0.44	0.7	0.79	0.68	0.51	0.14	0.79	0.71	0.62	-0.89	0.94	0.28	0.8	0.75	-0.87	-0.42	0.83	0.89

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Aroa Biosurgery Account Relationship Matchups

Aroa Biosurgery fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	73.1M	104.7M	109.1M	101.9M	117.2M	123.0M
Other Current Liab	3.7M	4.5M	5.1M	6.2M	5.6M	5.0M
Total Current Liabilities	14.0M	6.2M	7.4M	8.7M	7.9M	8.1M
Total Stockholder Equity	53.7M	93.4M	95.4M	87.1M	100.1M	105.1M
Other Liab	154K	158K	161K	164K	147.6K	140.2K
Accounts Payable	679.3K	1.2M	1.8M	1.6M	1.4M	853.8K
Cash	32.5M	5.7M	8.9M	10.6M	12.2M	8.2M
Net Receivables	6.6M	16.0M	13.4M	24.1M	27.7M	29.1M
Short Term Investments	1.5M	47.6M	34.1M	17.2M	19.7M	20.7M
Other Current Assets	907.0K	1.2M	10.4M	4.1M	3.7M	3.6M
Total Liab	19.4M	11.3M	13.7M	14.8M	13.3M	13.8M
Common Stock	89.3M	135.5M	137.1M	134.6M	154.8M	108.9M
Property Plant Equipment	8.7M	12.7M	15.4M	20.6M	18.6M	10.5M
Net Tangible Assets	(11.5M)	40.4M	83.2M	85.6M	98.4M	103.4M
Retained Earnings	(39.2M)	(47.5M)	(48.2M)	(57.0M)	(65.5M)	(68.8M)
Other Stockholder Equity	(0.22)	(489.4K)	(0.03)	(24.8K)	(22.4K)	(21.2K)
Total Current Assets	44.8M	74.2M	73.1M	63.3M	72.8M	76.5M
Intangible Assets	11.5M	10.9M	11.3M	13.0M	14.9M	12.6M
Short Long Term Debt Total	15.4M	5.8M	7.1M	6.8M	7.8M	8.2M
Property Plant And Equipment Net	11.6M	14.3M	19.3M	20.4M	23.4M	13.4M
Net Debt	(17.6M)	(268.6K)	(2.3M)	(3.7M)	(4.3M)	(4.5M)
Non Current Assets Total	28.4M	30.5M	35.9M	38.5M	44.3M	30.1M
Non Currrent Assets Other	157.0K	138.5K	117.9K	90.8K	104.4K	109.6K
Cash And Short Term Investments	33.9M	53.4M	43.0M	27.7M	31.9M	32.7M
Good Will	5.1M	5.1M	5.2M	5.1M	4.6M	4.2M
Common Stock Shares Outstanding	300.4M	342.2M	342.9M	343.8M	395.4M	350.4M
Long Term Debt Total	3.0M	5.7M	5.3M	6.5M	7.5M	4.1M
Liabilities And Stockholders Equity	73.1M	104.7M	109.1M	101.9M	117.2M	82.3M
Non Current Liabilities Total	5.4M	5.1M	6.3M	6.1M	5.5M	7.5M
Inventory	3.3M	3.7M	4.5M	7.4M	8.5M	9.0M
Accumulated Other Comprehensive Income	3.6M	5.5M	6.5M	9.4M	10.9M	11.4M
Short Term Debt	9.7M	547.4K	523.3K	920.9K	1.1M	1.0M
Capital Lease Obligations	5.8M	5.5M	6.7M	6.8M	7.8M	5.9M
Net Invested Capital	62.8M	93.4M	95.4M	87.1M	100.2M	91.1M
Property Plant And Equipment Gross	17.3M	20.8M	27.6M	30.5M	35.1M	23.0M
Capital Stock	89.3M	135.5M	137.1M	134.7M	154.9M	130.0M
Net Working Capital	30.7M	68.0M	65.7M	54.6M	62.8M	59.0M

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