AAR Total Current Assets vs Cash And Equivalents Analysis
AIR Stock | USD 71.64 0.40 0.56% |
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 Total Current Assets and its Cash And Equivalents 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 tightly coupled 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.
Total Current Assets vs Cash And Equivalents
Total Current Assets vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAR Corp Total Current Assets account and Cash And Equivalents. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AAR Corp's Total Current Assets and Cash And Equivalents is 0.49. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Equivalents 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 Total Current Assets and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of AAR Corp are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Total Current Assets i.e., AAR Corp's Total Current Assets and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash And Equivalents
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 tightly coupled 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 05/21/2024, 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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Try AI Portfolio ArchitectCheck 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 tightly coupled 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.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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Is AAR Corp's 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 AAR Corp. If investors know AAR 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 AAR Corp 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 (0.37) | Earnings Share 1.69 | Revenue Per Share 63.442 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0538 |
The market value of AAR Corp is measured differently than its book value, which is the value of AAR that is recorded on the company's balance sheet. Investors also form their own opinion of AAR Corp's value that differs from its market value or its book value, called intrinsic value, which is AAR Corp's 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 AAR Corp's market value can be influenced by many factors that don't directly affect AAR Corp's 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 AAR Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAR Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAR Corp's 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.