AAR Other Current Assets vs Good Will Analysis
AIR Stock | USD 67.48 0.36 0.54% |
AAR Corp financial indicator trend analysis is way more than just evaluating AAR Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAR Corp is a good investment. Please check the relationship between AAR Corp Other Current Assets and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.
Other Current Assets vs Good Will
Other Current Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAR Corp Other Current Assets account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AAR Corp's Other Current Assets and Good Will is 0.52. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of AAR Corp, assuming nothing else is changed. The correlation between historical values of AAR Corp's Other Current Assets 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 Other Current Assets of AAR Corp 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 Other Current Assets i.e., AAR Corp's Other Current Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
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.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 AAR Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAR Corp 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 AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.At this time, AAR Corp's Selling General Administrative is relatively stable compared to the past year. As of 06/14/2024, Discontinued Operations is likely to grow to about 378 K, while Enterprise Value Over EBITDA is likely to drop 8.27.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 313.2M | 370.1M | 425.6M | 446.9M | Total Revenue | 1.8B | 2.0B | 2.3B | 1.2B |
AAR Corp fundamental ratios Correlations
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AAR Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AAR Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 1.5B | 1.6B | 1.8B | 2.1B | 1.1B | |
Short Long Term Debt Total | 670.9M | 193.6M | 156.3M | 317.9M | 365.6M | 279.0M | |
Other Current Liab | 191.5M | 209.6M | 160.2M | 193M | 222.0M | 233.0M | |
Total Current Liabilities | 383.1M | 336.8M | 348.2M | 351.5M | 404.2M | 224.5M | |
Total Stockholder Equity | 902.6M | 974.4M | 1.0B | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Net | 225.4M | 195.8M | 182.6M | 189.8M | 218.3M | 148.9M | |
Net Debt | 266.2M | 141.8M | 102.8M | 249.5M | 286.9M | 225.0M | |
Retained Earnings | 706M | 741.7M | 820.4M | 910.6M | 1.0B | 1.1B | |
Cash | 404.7M | 51.8M | 53.5M | 68.4M | 78.7M | 54.0M | |
Non Current Assets Total | 640.3M | 602.7M | 566.7M | 735.2M | 845.5M | 439.9M | |
Non Currrent Assets Other | 293.2M | 283.1M | 205.9M | 305.9M | 351.8M | 247.9M | |
Cash And Short Term Investments | 404.7M | 51.8M | 53.5M | 68.4M | 78.7M | 54.0M | |
Net Receivables | 221.2M | 238.6M | 287.6M | 328.2M | 377.4M | 396.3M | |
Common Stock Shares Outstanding | 35M | 35.3M | 36M | 35.1M | 40.4M | 35.3M | |
Liabilities And Stockholders Equity | 2.1B | 1.5B | 1.6B | 1.8B | 2.1B | 1.1B | |
Non Current Liabilities Total | 793.3M | 228.5M | 191.2M | 382.5M | 439.9M | 337.3M | |
Inventory | 623.1M | 540.6M | 550.5M | 574.1M | 660.2M | 693.2M | |
Other Current Assets | 146.8M | 78.1M | 94M | 100.3M | 115.3M | 169.2M | |
Other Stockholder Equity | 195.9M | 205.7M | 188.4M | 166.7M | 191.7M | 191.3M | |
Property Plant And Equipment Gross | 225.4M | 195.8M | 367.9M | 394.9M | 454.1M | 476.8M | |
Total Current Assets | 1.4B | 937M | 1.0B | 1.1B | 1.3B | 692.8M | |
Accumulated Other Comprehensive Income | (44.6M) | (18.3M) | (19.6M) | (23.5M) | (21.2M) | (22.2M) | |
Short Term Debt | 88M | 5.4M | 11.1M | 19.7M | 22.7M | 21.5M | |
Intangible Assets | 6M | 4.5M | 3.3M | 63.7M | 73.3M | 65.6M | |
Accounts Payable | 191.6M | 127.2M | 156.4M | 158.5M | 182.3M | 118.9M | |
Current Deferred Revenue | 88M | 5.4M | 20.5M | 19.7M | 22.7M | 36.2M | |
Good Will | 115.7M | 119.3M | 116.4M | 175.8M | 202.2M | 104.8M | |
Other Liab | 112.1M | 122.4M | 34.9M | 64.6M | 74.3M | 53.8M | |
Other Assets | 59.6M | 55.5M | 55.6M | 72.3M | 83.1M | 91.1M | |
Long Term Debt | 600M | 133.7M | 98.9M | 269.7M | 310.2M | 320.6M | |
Treasury Stock | (280.7M) | (287.7M) | (282.7M) | (274.1M) | (246.7M) | (234.4M) | |
Property Plant Equipment | 135.7M | 195.8M | 109.6M | 126.1M | 113.5M | 164.6M | |
Net Tangible Assets | 780.9M | 825.6M | 914.8M | 859.6M | 988.5M | 783.6M | |
Retained Earnings Total Equity | 706M | 741.7M | 820.4M | 910.6M | 1.0B | 756.0M | |
Long Term Debt Total | 600M | 133.7M | 98.9M | 269.7M | 242.7M | 203.3M |
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