Aroa Research Development vs Interest Income 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 Research Development and its Interest Income 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.

Research Development vs Interest Income

Research Development vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aroa Biosurgery Research Development account and Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aroa Biosurgery's Research Development and Interest Income is 0.85. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Interest Income 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 Research Development and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Aroa Biosurgery are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Research Development i.e., Aroa Biosurgery's Research Development and Interest Income go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Research Development

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Amortization3.5M4.0M4.6M2.9M
Interest Income2.7M1.7M1.9M1.1M

Aroa Biosurgery fundamental ratios Correlations

0.590.620.99-0.20.70.43-0.580.920.770.730.60.10.870.860.65-0.910.990.330.710.9-0.93-0.270.950.940.91
0.590.870.5-0.210.830.31-0.750.540.40.40.76-0.480.450.450.48-0.550.540.120.330.52-0.63-0.110.630.620.44
0.620.870.53-0.180.720.57-0.550.490.310.350.79-0.460.490.450.56-0.640.580.130.630.52-0.7-0.370.650.70.54
0.990.50.53-0.240.660.37-0.490.920.810.730.470.240.890.90.55-0.860.990.270.680.91-0.88-0.210.920.90.91
-0.2-0.21-0.18-0.24-0.05-0.13-0.26-0.14-0.16-0.080.08-0.52-0.17-0.190.36-0.1-0.170.29-0.19-0.190.250.1-0.24-0.25-0.21
0.70.830.720.66-0.050.37-0.680.590.60.680.56-0.240.670.590.48-0.660.70.110.440.71-0.61-0.140.670.620.65
0.430.310.570.37-0.130.37-0.250.18-0.040.320.58-0.20.260.020.48-0.520.440.220.90.24-0.56-0.960.440.570.57
-0.58-0.75-0.55-0.49-0.26-0.68-0.25-0.61-0.4-0.3-0.730.56-0.35-0.37-0.680.68-0.55-0.41-0.27-0.430.570.14-0.57-0.56-0.44
0.920.540.490.92-0.140.590.18-0.610.690.570.450.150.80.910.51-0.780.90.290.50.88-0.79-0.040.870.80.7
0.770.40.310.81-0.160.6-0.04-0.40.690.580.230.260.770.830.4-0.690.810.120.280.74-0.640.210.680.650.79
0.730.40.350.73-0.080.680.32-0.30.570.580.410.110.760.590.49-0.620.740.260.50.72-0.65-0.210.70.660.68
0.60.760.790.470.080.560.58-0.730.450.230.41-0.640.420.240.88-0.750.550.470.580.41-0.78-0.480.690.760.51
0.1-0.48-0.460.24-0.52-0.24-0.20.560.150.260.11-0.640.280.31-0.490.170.14-0.240.00.270.050.170.06-0.030.14
0.870.450.490.89-0.170.670.26-0.350.80.770.760.420.280.850.54-0.780.880.270.560.97-0.8-0.080.90.810.79
0.860.450.450.9-0.190.590.02-0.370.910.830.590.240.310.850.34-0.690.860.110.410.9-0.680.170.780.70.71
0.650.480.560.550.360.480.48-0.680.510.40.490.88-0.490.540.34-0.870.640.60.570.49-0.77-0.40.70.770.62
-0.91-0.55-0.64-0.86-0.1-0.66-0.520.68-0.78-0.69-0.62-0.750.17-0.78-0.69-0.87-0.92-0.43-0.73-0.760.920.37-0.88-0.92-0.89
0.990.540.580.99-0.170.70.44-0.550.90.810.740.550.140.880.860.64-0.920.320.720.89-0.91-0.280.930.930.94
0.330.120.130.270.290.110.22-0.410.290.120.260.47-0.240.270.110.6-0.430.320.30.24-0.42-0.280.390.410.28
0.710.330.630.68-0.190.440.9-0.270.50.280.50.580.00.560.410.57-0.730.720.30.54-0.77-0.820.690.790.8
0.90.520.520.91-0.190.710.24-0.430.880.740.720.410.270.970.90.49-0.760.890.240.54-0.79-0.050.920.80.75
-0.93-0.63-0.7-0.880.25-0.61-0.560.57-0.79-0.64-0.65-0.780.05-0.8-0.68-0.770.92-0.91-0.42-0.77-0.790.43-0.96-1.0-0.87
-0.27-0.11-0.37-0.210.1-0.14-0.960.14-0.040.21-0.21-0.480.17-0.080.17-0.40.37-0.28-0.28-0.82-0.050.43-0.29-0.43-0.42
0.950.630.650.92-0.240.670.44-0.570.870.680.70.690.060.90.780.7-0.880.930.390.690.92-0.96-0.290.960.83
0.940.620.70.9-0.250.620.57-0.560.80.650.660.76-0.030.810.70.77-0.920.930.410.790.8-1.0-0.430.960.89
0.910.440.540.91-0.210.650.57-0.440.70.790.680.510.140.790.710.62-0.890.940.280.80.75-0.87-0.420.830.89
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Aroa Biosurgery Account Relationship Matchups

Aroa Biosurgery fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets73.1M104.7M109.1M101.9M117.2M123.0M
Other Current Liab3.7M4.5M5.1M6.2M5.6M5.0M
Total Current Liabilities14.0M6.2M7.4M8.7M7.9M8.1M
Total Stockholder Equity53.7M93.4M95.4M87.1M100.1M105.1M
Other Liab154K158K161K164K147.6K140.2K
Accounts Payable679.3K1.2M1.8M1.6M1.4M853.8K
Cash32.5M5.7M8.9M10.6M12.2M8.2M
Net Receivables6.6M16.0M13.4M24.1M27.7M29.1M
Short Term Investments1.5M47.6M34.1M17.2M19.7M20.7M
Other Current Assets907.0K1.2M10.4M4.1M3.7M3.6M
Total Liab19.4M11.3M13.7M14.8M13.3M13.8M
Common Stock89.3M135.5M137.1M134.6M154.8M108.9M
Property Plant Equipment8.7M12.7M15.4M20.6M18.6M10.5M
Net Tangible Assets(11.5M)40.4M83.2M85.6M98.4M103.4M
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 Assets44.8M74.2M73.1M63.3M72.8M76.5M
Intangible Assets11.5M10.9M11.3M13.0M14.9M12.6M
Short Long Term Debt Total15.4M5.8M7.1M6.8M7.8M8.2M
Property Plant And Equipment Net11.6M14.3M19.3M20.4M23.4M13.4M
Net Debt(17.6M)(268.6K)(2.3M)(3.7M)(4.3M)(4.5M)
Non Current Assets Total28.4M30.5M35.9M38.5M44.3M30.1M
Non Currrent Assets Other157.0K138.5K117.9K90.8K104.4K109.6K
Cash And Short Term Investments33.9M53.4M43.0M27.7M31.9M32.7M
Good Will5.1M5.1M5.2M5.1M4.6M4.2M
Common Stock Shares Outstanding300.4M342.2M342.9M343.8M395.4M350.4M
Long Term Debt Total3.0M5.7M5.3M6.5M7.5M4.1M
Liabilities And Stockholders Equity73.1M104.7M109.1M101.9M117.2M82.3M
Non Current Liabilities Total5.4M5.1M6.3M6.1M5.5M7.5M
Inventory3.3M3.7M4.5M7.4M8.5M9.0M
Accumulated Other Comprehensive Income3.6M5.5M6.5M9.4M10.9M11.4M
Short Term Debt9.7M547.4K523.3K920.9K1.1M1.0M
Capital Lease Obligations5.8M5.5M6.7M6.8M7.8M5.9M
Net Invested Capital62.8M93.4M95.4M87.1M100.2M91.1M
Property Plant And Equipment Gross17.3M20.8M27.6M30.5M35.1M23.0M
Capital Stock89.3M135.5M137.1M134.7M154.9M130.0M
Net Working Capital30.7M68.0M65.7M54.6M62.8M59.0M

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