Aurora Short Term Debt vs Other Stockholder Equity Analysis

ACB Stock  USD 6.19  0.04  0.65%   
Aurora Cannabis financial indicator trend analysis is way more than just evaluating Aurora Cannabis prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Cannabis is a good investment. Please check the relationship between Aurora Cannabis Short Term Debt and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.

Short Term Debt vs Other Stockholder Equity

Short Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Cannabis Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Aurora Cannabis' Short Term Debt and Other Stockholder Equity is 0.07. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Aurora Cannabis, assuming nothing else is changed. The correlation between historical values of Aurora Cannabis' Short Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Aurora Cannabis are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Aurora Cannabis' Short Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Other Stockholder Equity

Most indicators from Aurora Cannabis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Cannabis 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 Cannabis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.As of June 1, 2024, Selling General Administrative is expected to decline to about 72 M. In addition to that, Discontinued Operations is expected to decline to about (1.5 M)
 2021 2022 2023 2024 (projected)
Reconciled Depreciation93.7M65.2M75.0M74.4M
Interest Income4.5M9.9M8.9M8.4M

Aurora Cannabis fundamental ratios Correlations

0.750.781.00.76-0.170.650.380.99-0.240.560.90.00.030.960.670.880.970.650.810.510.490.940.550.70.98
0.750.840.710.26-0.550.30.70.67-0.020.820.910.41-0.370.860.870.620.760.760.60.740.730.780.550.760.64
0.780.840.740.48-0.580.610.610.73-0.230.720.930.110.030.870.810.790.820.910.530.820.810.880.530.980.69
1.00.710.740.79-0.110.630.321.0-0.240.50.87-0.040.050.930.630.850.960.60.830.460.430.920.520.660.99
0.760.260.480.790.30.68-0.250.83-0.37-0.080.52-0.390.470.630.10.670.810.260.730.02-0.010.630.070.470.82
-0.17-0.55-0.58-0.110.3-0.27-0.9-0.050.11-0.82-0.52-0.520.35-0.41-0.79-0.43-0.1-0.820.27-0.92-0.93-0.47-0.71-0.54-0.07
0.650.30.610.630.68-0.270.230.64-0.230.30.540.020.590.670.430.830.620.650.350.460.440.740.590.540.68
0.380.70.610.32-0.25-0.90.230.25-0.040.970.660.57-0.470.560.930.50.270.81-0.020.910.920.60.840.520.28
0.990.670.731.00.83-0.050.640.25-0.240.440.85-0.110.110.910.570.840.970.570.850.410.380.890.450.670.99
-0.24-0.02-0.23-0.24-0.370.11-0.23-0.04-0.24-0.01-0.280.320.07-0.25-0.11-0.47-0.22-0.240.11-0.17-0.15-0.34-0.11-0.3-0.3
0.560.820.720.5-0.08-0.820.30.970.44-0.010.780.54-0.430.70.980.590.460.850.210.910.910.720.840.610.45
0.90.910.930.870.52-0.520.540.660.85-0.280.780.19-0.190.960.880.850.880.860.630.780.770.950.630.870.83
0.00.410.11-0.04-0.39-0.520.020.57-0.110.320.540.19-0.40.160.510.02-0.050.33-0.110.40.40.140.54-0.04-0.09
0.03-0.370.030.050.470.350.59-0.470.110.07-0.43-0.19-0.4-0.04-0.370.120.12-0.080.15-0.26-0.270.0-0.180.070.09
0.960.860.870.930.63-0.410.670.560.91-0.250.70.960.16-0.040.810.910.930.80.70.690.670.970.660.790.91
0.670.870.810.630.1-0.790.430.930.57-0.110.980.880.51-0.370.810.710.590.910.310.930.920.830.850.710.58
0.880.620.790.850.67-0.430.830.50.84-0.470.590.850.020.120.910.710.810.810.460.680.660.960.720.730.88
0.970.760.820.960.81-0.10.620.270.97-0.220.460.88-0.050.120.930.590.810.610.880.450.430.890.380.770.94
0.650.760.910.60.26-0.820.650.810.57-0.240.850.860.33-0.080.80.910.810.610.230.960.960.860.780.850.57
0.810.60.530.830.730.270.35-0.020.850.110.210.63-0.110.150.70.310.460.880.230.070.060.590.090.480.79
0.510.740.820.460.02-0.920.460.910.41-0.170.910.780.4-0.260.690.930.680.450.960.071.00.740.790.760.42
0.490.730.810.43-0.01-0.930.440.920.38-0.150.910.770.4-0.270.670.920.660.430.960.061.00.720.770.760.39
0.940.780.880.920.63-0.470.740.60.89-0.340.720.950.140.00.970.830.960.890.860.590.740.720.730.80.91
0.550.550.530.520.07-0.710.590.840.45-0.110.840.630.54-0.180.660.850.720.380.780.090.790.770.730.380.52
0.70.760.980.660.47-0.540.540.520.67-0.30.610.87-0.040.070.790.710.730.770.850.480.760.760.80.380.61
0.980.640.690.990.82-0.070.680.280.99-0.30.450.83-0.090.090.910.580.880.940.570.790.420.390.910.520.61
Click cells to compare fundamentals

Aurora Cannabis Account Relationship Matchups

Aurora Cannabis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.6B1.1B926.3M1.1B982.1M
Other Current Liab21.1M58.0M94.5M71.1M81.7M47.0M
Total Current Liabilities272.8M116.4M145.2M242.3M278.7M292.6M
Total Stockholder Equity2.2B2.0B661.8M486.1M559.0M745.4M
Net Debt369.1M(21.9M)(168.3M)(73.3M)(84.3M)(80.1M)
Retained Earnings(3.6B)(4.3B)(6.0B)(6.3B)(5.7B)(5.4B)
Accounts Payable95.6M13.3M13.9M21.9M25.2M15.7M
Cash162.2M421.5M437.8M300.8M346.0M363.3M
Non Current Assets Total2.4B1.9B339.2M446.4M513.4M761.7M
Non Currrent Assets Other(91.5M)(42.5M)33.9M14.1M12.7M13.3M
Cash And Short Term Investments169.2M425.2M439.1M300.8M346.0M363.3M
Net Receivables54.1M56.5M47.1M41.3M47.5M49.9M
Common Stock Shares Outstanding9.7M16.9M214.9M32.3M37.1M23.5M
Liabilities And Stockholders Equity2.8B2.6B1.1B926.3M1.1B982.1M
Other Stockholder Equity73.8M(65.5M)(54.5M)(1.0)(0.9)(0.85)
Total Liab657.2M567.0M422.0M409.2M470.6M235.7M
Total Current Assets420.7M665.9M745.1M479.9M551.9M579.5M
Accumulated Other Comprehensive Income(41.8M)(65.5M)(54.5M)(58.3M)(52.5M)(49.9M)
Property Plant And Equipment Net946.4M606.1M233.5M323.0M371.4M219.2M
Other Current Assets22.1M11.2M6.5M8.9M10.3M8.1M
Property Plant And Equipment Gross765.6M946.4M606.1M709.4M815.8M856.6M
Short Term Investments143.2M7.1M3.8M1.3M1.5M1.5M
Common Stock Total Equity1.5B4.7B5.8B6.4B7.4B7.8B
Common Stock5.8B6.4B6.8B6.8B7.9B8.3B
Short Long Term Debt Total531.2M399.6M269.5M227.5M261.7M259.5M
Current Deferred Revenue3.5M4.2M3.9M1.7M2.0M2.0M
Short Term Debt152.6M40.9M33.0M147.6M169.7M178.2M
Intangible Assets412.3M367.4M70.7M61.4M70.6M67.1M
Other Liab280.3M5.8M92.0M40.3M46.3M67.7M
Net Tangible Assets506.6M792.0M774.7M588.0M676.2M467.5M
Other Assets93.3M57.8M77.3M33.9M38.9M53.7M
Long Term Debt394.2M294.9M293.2M199.7M229.6M199.8M
Good Will3.2B928.4M887.7M18.7M21.5M20.4M
Non Current Liabilities Total384.4M450.7M276.8M166.9M191.9M282.9M
Inventory157.3M137.7M139.9M128.8M148.1M96.4M
Long Term Investments118.8M18.1M289K1.2M1.1M1.0M
Short Long Term Debt249.7M152.6M34.7M26.9M24.2M23.0M
Non Current Liabilities Other12.0M37K104K128K147.2K139.8K

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.
Note that the Aurora Cannabis information on this page should be used as a complementary analysis to other Aurora Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Aurora Cannabis' price analysis, check to measure Aurora Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Cannabis is operating at the current time. Most of Aurora Cannabis' value examination focuses on studying past and present price action to predict the probability of Aurora Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Cannabis' price. Additionally, you may evaluate how the addition of Aurora Cannabis to your portfolios can decrease your overall portfolio volatility.
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Is Aurora Cannabis' industry 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
(57.73)
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.