Arconic Stock Current Liabilities
ARNCDelisted Stock | USD 29.99 0.00 0.00% |
Arconic fundamentals help investors to digest information that contributes to Arconic's financial success or failures. It also enables traders to predict the movement of Arconic Stock. The fundamental analysis module provides a way to measure Arconic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Arconic stock.
Arconic |
Arconic Current Liabilities Analysis
Arconic's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Arconic Current Liabilities | 5.21 B |
Most of Arconic's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Arconic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
CompetitionIn accordance with the recently published financial statements, Arconic has a Current Liabilities of 5.21 B. This is much higher than that of the Aerospace & Defense sector and significantly higher than that of the Industrials industry. The current liabilities for all United States stocks is 34.06% higher than that of the company.
Arconic Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arconic's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Arconic could also be used in its relative valuation, which is a method of valuing Arconic by comparing valuation metrics of similar companies.Arconic is currently under evaluation in current liabilities category among related companies.
Arconic Fundamentals
Return On Equity | -0.15 | |||
Return On Asset | 0.0267 | |||
Profit Margin | (0.03) % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 4.46 B | |||
Shares Outstanding | 100.35 M | |||
Shares Owned By Insiders | 1.22 % | |||
Shares Owned By Institutions | 95.24 % | |||
Number Of Shares Shorted | 5.98 M | |||
Price To Earning | 42.81 X | |||
Price To Book | 1.41 X | |||
Price To Sales | 0.24 X | |||
Revenue | 8.96 B | |||
Gross Profit | 929 M | |||
EBITDA | 605 M | |||
Net Income | (181 M) | |||
Cash And Equivalents | 312 M | |||
Cash Per Share | 3.07 X | |||
Total Debt | 1.71 B | |||
Debt To Equity | 1.14 % | |||
Current Ratio | 1.65 X | |||
Book Value Per Share | 14.79 X | |||
Cash Flow From Operations | 338 M | |||
Short Ratio | 5.44 X | |||
Earnings Per Share | (2.39) X | |||
Price To Earnings To Growth | 0.96 X | |||
Target Price | 26.0 | |||
Number Of Employees | 11.55 K | |||
Beta | 1.81 | |||
Market Capitalization | 3.01 B | |||
Total Asset | 6.01 B | |||
Retained Earnings | (734 M) | |||
Working Capital | 1.03 B | |||
Current Asset | 7.95 B | |||
Current Liabilities | 5.21 B | |||
Z Score | 2.91 | |||
Annual Yield | 0.01 % | |||
Net Asset | 6.01 B |
About Arconic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arconic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arconic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arconic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Arconic Corp operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 13900 people.
Pair Trading with Arconic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arconic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arconic will appreciate offsetting losses from the drop in the long position's value.Moving together with Arconic Stock
0.89 | PPERY | Bank Mandiri Persero | PairCorr |
0.82 | PPERF | Bank Mandiri Persero | PairCorr |
Moving against Arconic Stock
0.78 | INTC | Intel Aggressive Push | PairCorr |
0.75 | PTAIF | PT Astra International | PairCorr |
0.61 | PTAIY | Astra International Tbk | PairCorr |
0.54 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
0.54 | PFE | Pfizer Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Arconic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arconic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arconic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arconic to buy it.
The correlation of Arconic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arconic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arconic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arconic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Arconic Stock
If you are still planning to invest in Arconic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arconic's history and understand the potential risks before investing.
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