Aurora Capital Lease Obligations vs Good Will Analysis

AUROW Stock

USD 2.67 0.32 13.62%

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

For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.

Capital Lease Obligations vs Good Will

Capital Lease Obligations vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Capital Lease Obligations account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Aurora Innovation's Capital Lease Obligations and Good Will is 0.91. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Good Will in the same time period over historical financial statements of Aurora Innovation, assuming nothing else is changed. The correlation between historical values of Aurora Innovation's Capital Lease Obligations and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Aurora Innovation are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Lease Obligations i.e., Aurora Innovation's Capital Lease Obligations and Good Will go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Capital Lease Obligations

Aurora Innovation capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Aurora Innovation asset purchases. For example, Aurora Innovation can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Aurora Innovation control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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

For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 98.7 M in 2025.

	2020	2021	2024	2025 (projected)
Interest Income	3.7M	525K	472.5K	448.9K
Net Interest Income	3.7M	525K	472.5K	448.9K

Interest Income Net Interest Income

Aurora Innovation fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Capital Lease Obligations
Total Assets		0.85	0.77	0.89	0.97	0.91	-0.78	-0.68	0.83	0.74	1.0	0.72	-0.35	0.97	0.89	0.44	0.25	0.19	0.91	0.85	0.33	0.99	0.91	0.04	0.9	0.94
Short Long Term Debt Total	0.85		0.84	0.94	0.72	0.98	-0.49	-0.81	0.99	0.48	0.86	0.72	-0.43	0.83	0.9	0.57	0.38	0.55	0.85	0.85	0.68	0.83	0.91	-0.35	0.91	0.86
Other Current Liab	0.77	0.84		0.93	0.71	0.88	-0.29	-0.98	0.87	0.19	0.74	0.85	-0.74	0.82	0.95	0.82	0.65	0.22	0.69	0.98	0.36	0.81	0.89	-0.04	0.87	0.78
Total Current Liabilities	0.89	0.94	0.93		0.82	0.98	-0.45	-0.91	0.96	0.42	0.87	0.88	-0.46	0.91	0.97	0.69	0.56	0.29	0.78	0.95	0.44	0.9	0.98	-0.08	0.98	0.85
Total Stockholder Equity	0.97	0.72	0.71	0.82		0.82	-0.75	-0.63	0.7	0.7	0.95	0.75	-0.3	0.97	0.84	0.4	0.31	-0.06	0.82	0.82	0.08	0.98	0.87	0.29	0.86	0.9
Property Plant And Equipment Net	0.91	0.98	0.88	0.98	0.82		-0.51	-0.85	0.98	0.49	0.91	0.81	-0.44	0.91	0.96	0.59	0.46	0.39	0.84	0.92	0.53	0.91	0.97	-0.18	0.96	0.91
Net Debt	-0.78	-0.49	-0.29	-0.45	-0.75	-0.51		0.12	-0.43	-0.97	-0.81	-0.17	0.03	-0.67	-0.43	-0.02	0.37	-0.22	-0.83	-0.36	-0.29	-0.71	-0.46	0.03	-0.46	-0.64
Retained Earnings	-0.68	-0.81	-0.98	-0.91	-0.63	-0.85	0.12		-0.85	-0.04	-0.64	-0.9	0.71	-0.76	-0.93	-0.83	-0.78	-0.17	-0.57	-0.96	-0.31	-0.73	-0.88	0.01	-0.86	-0.72
Accounts Payable	0.83	0.99	0.87	0.96	0.7	0.98	-0.43	-0.85		0.41	0.83	0.77	-0.44	0.83	0.91	0.66	0.46	0.52	0.82	0.87	0.64	0.82	0.93	-0.3	0.93	0.81
Cash	0.74	0.48	0.19	0.42	0.7	0.49	-0.97	-0.04	0.41		0.78	0.12	0.16	0.61	0.36	-0.12	-0.43	0.26	0.76	0.28	0.32	0.66	0.43	-0.09	0.43	0.6
Non Current Assets Total	1.0	0.86	0.74	0.87	0.95	0.91	-0.81	-0.64	0.83	0.78		0.66	-0.32	0.95	0.87	0.38	0.18	0.26	0.93	0.81	0.39	0.97	0.88	-0.04	0.87	0.94
Non Currrent Assets Other	0.72	0.72	0.85	0.88	0.75	0.81	-0.17	-0.9	0.77	0.12	0.66		-0.43	0.84	0.89	0.73	0.84	-0.13	0.51	0.91	0.02	0.8	0.92	0.32	0.92	0.7
Other Assets	-0.35	-0.43	-0.74	-0.46	-0.3	-0.44	0.03	0.71	-0.44	0.16	-0.32	-0.43		-0.4	-0.61	-0.69	-0.48	-0.12	-0.41	-0.66	-0.17	-0.39	-0.41	0.06	-0.38	-0.48
Cash And Short Term Investments	0.97	0.83	0.82	0.91	0.97	0.91	-0.67	-0.76	0.83	0.61	0.95	0.84	-0.4		0.92	0.59	0.44	0.06	0.86	0.9	0.21	0.99	0.95	0.19	0.95	0.9
Good Will	0.89	0.9	0.95	0.97	0.84	0.96	-0.43	-0.93	0.91	0.36	0.87	0.89	-0.61	0.92		0.69	0.6	0.19	0.78	0.99	0.33	0.92	0.97	0.01	0.95	0.91
Common Stock Shares Outstanding	0.44	0.57	0.82	0.69	0.4	0.59	-0.02	-0.83	0.66	-0.12	0.38	0.73	-0.69	0.59	0.69		0.74	0.09	0.47	0.74	0.2	0.51	0.66	0.09	0.67	0.38
Short Term Investments	0.25	0.38	0.65	0.56	0.31	0.46	0.37	-0.78	0.46	-0.43	0.18	0.84	-0.48	0.44	0.6	0.74		-0.29	0.06	0.67	-0.18	0.37	0.6	0.38	0.6	0.31
Non Current Liabilities Total	0.19	0.55	0.22	0.29	-0.06	0.39	-0.22	-0.17	0.52	0.26	0.26	-0.13	-0.12	0.06	0.19	0.09	-0.29		0.45	0.11	0.99	0.08	0.18	-0.96	0.17	0.21
Other Current Assets	0.91	0.85	0.69	0.78	0.82	0.84	-0.83	-0.57	0.82	0.76	0.93	0.51	-0.41	0.86	0.78	0.47	0.06	0.45		0.72	0.55	0.87	0.78	-0.21	0.78	0.84
Other Stockholder Equity	0.85	0.85	0.98	0.95	0.82	0.92	-0.36	-0.96	0.87	0.28	0.81	0.91	-0.66	0.9	0.99	0.74	0.67	0.11	0.72		0.26	0.89	0.95	0.08	0.93	0.87
Total Liab	0.33	0.68	0.36	0.44	0.08	0.53	-0.29	-0.31	0.64	0.32	0.39	0.02	-0.17	0.21	0.33	0.2	-0.18	0.99	0.55	0.26		0.22	0.33	-0.91	0.33	0.34
Total Current Assets	0.99	0.83	0.81	0.9	0.98	0.91	-0.71	-0.73	0.82	0.66	0.97	0.8	-0.39	0.99	0.92	0.51	0.37	0.08	0.87	0.89	0.22		0.93	0.16	0.93	0.93
Intangible Assets	0.91	0.91	0.89	0.98	0.87	0.97	-0.46	-0.88	0.93	0.43	0.88	0.92	-0.41	0.95	0.97	0.66	0.6	0.18	0.78	0.95	0.33	0.93		0.05	1.0	0.87
Common Stock	0.04	-0.35	-0.04	-0.08	0.29	-0.18	0.03	0.01	-0.3	-0.09	-0.04	0.32	0.06	0.19	0.01	0.09	0.38	-0.96	-0.21	0.08	-0.91	0.16	0.05		0.06	-0.03
Current Deferred Revenue	0.9	0.91	0.87	0.98	0.86	0.96	-0.46	-0.86	0.93	0.43	0.87	0.92	-0.38	0.95	0.95	0.67	0.6	0.17	0.78	0.93	0.33	0.93	1.0	0.06		0.85
Capital Lease Obligations	0.94	0.86	0.78	0.85	0.9	0.91	-0.64	-0.72	0.81	0.6	0.94	0.7	-0.48	0.9	0.91	0.38	0.31	0.21	0.84	0.87	0.34	0.93	0.87	-0.03	0.85

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Aurora Innovation Account Relationship Matchups

Aurora Innovation fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	618.9M	3.7B	2.0B	2.2B	2.1B	2.1B
Short Long Term Debt Total	103.8M	146.8M	136M	122M	140.3M	114.8M
Other Current Liab	18.8M	58.5M	57M	96M	110.4M	115.9M
Total Current Liabilities	32.0M	90.7M	83M	111M	105M	79.7M
Total Stockholder Equity	(276.6M)	3.3B	1.8B	2.0B	1.9B	1.7B
Property Plant And Equipment Net	101.8M	244.8M	229M	216M	224M	190.3M
Net Debt	(283.5M)	(1.5B)	(126M)	(379M)	(341.1M)	(358.2M)
Retained Earnings	(335.8M)	(1.1B)	(2.8B)	(3.6B)	(4.4B)	(4.1B)
Cash	387.3M	1.6B	262M	501M	211M	200.5M
Non Current Assets Total	212.4M	2.0B	883M	1.0B	884M	938.2M
Non Currrent Assets Other	(16.1M)	15.8M	36M	37M	43M	21.5M
Cash And Short Term Investments	387.3M	1.6B	1.1B	1.2B	1.4B	1.1B
Liabilities And Stockholders Equity	618.9M	3.7B	2.0B	2.2B	2.6B	2.0B
Non Current Liabilities Total	863.5M	257.7M	134M	139M	158M	209.2M
Other Stockholder Equity	(763.3M)	4.4B	4.6B	5.6B	6.4B	6.8B
Total Liab	895.5M	348.4M	217M	250M	263M	267.2M
Total Current Assets	406.4M	1.7B	1.1B	1.2B	1.3B	1.2B
Accumulated Other Comprehensive Income	0.0	(3.7B)	(2M)	1M	900K	945K
Intangible Assets	52.7M	617.2M	618M	617M	709.6M	430.7M

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Aurora Capital Lease Obligations vs Good Will Analysis

Capital Lease Obligations vs Good Will

Capital Lease Obligations vs Good Will Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Good Will

Aurora Innovation fundamental ratios Correlations

Aurora Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aurora Innovation fundamental ratios Accounts

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Additional Tools for Aurora Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Intangible Assets
Total Current Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Good Will

Retained Earnings	- 0.98	Other Current Liab
Cash	- 0.97	Net Debt
Common Stock	- 0.96	Non Current Liabilities Total
Other Stockholder Equity	- 0.96	Retained Earnings
Good Will	- 0.93	Retained Earnings
Common Stock	- 0.91	Total Liab