Aurora Other Current Assets from 2010 to 2024

ACB Stock  USD 5.68  0.33  5.49%   
Aurora Cannabis' Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 8.1 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2007-12-31
Previous Quarter
7.9 M
Current Value
8.3 M
Quarterly Volatility
19.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aurora Cannabis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aurora Cannabis' main balance sheet or income statement drivers, such as Interest Expense of 47.6 M, Other Operating Expenses of 588.8 M or Total Operating Expenses of 111.7 M, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0 or PTB Ratio of 0.68. Aurora financial statements analysis is a perfect complement when working with Aurora Cannabis Valuation or Volatility modules.
  
Check out the analysis of Aurora Cannabis Correlation against competitors.
For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.

Latest Aurora Cannabis' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Aurora Cannabis over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Aurora Cannabis' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aurora Cannabis' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Aurora Other Current Assets Regression Statistics

Arithmetic Mean9,070,356
Geometric Mean833,749
Coefficient Of Variation148.85
Mean Deviation8,488,790
Median6,539,000
Standard Deviation13,501,218
Sample Variance182.3T
Range51.8M
R-Value0.37
Mean Square Error169.4T
R-Squared0.14
Significance0.17
Slope1,117,378
Total Sum of Squares2552T

Aurora Other Current Assets History

20248.1 M
202310.3 M
20228.9 M
20216.5 M
202011.2 M
201922.1 M
201851.8 M

About Aurora Cannabis Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Aurora Cannabis income statement, its balance sheet, and the statement of cash flows. Aurora Cannabis investors use historical funamental indicators, such as Aurora Cannabis's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Aurora Cannabis investors may use each financial statement separately, they are all related. The changes in Aurora Cannabis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aurora Cannabis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Aurora Cannabis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aurora Cannabis. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets10.3 M8.1 M

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Additional Information and Resources on Investing in Aurora Stock

When determining whether Aurora Cannabis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurora Cannabis' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aurora Cannabis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurora Cannabis Stock:
Check out the analysis of Aurora Cannabis Correlation against competitors.
For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aurora Cannabis. If investors know Aurora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aurora Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Earnings Share
(57.91)
Revenue Per Share
6.784
Quarterly Revenue Growth
0.055
Return On Assets
(0.08)
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.