Arts Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

ARTW Stock  USD 1.74  0.01  0.57%   
Arts Way financial indicator trend analysis is way more than just evaluating Arts Way Manufacturing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arts Way Manufacturing is a good investment. Please check the relationship between Arts Way Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arts Way Manufacturing Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arts Way Manufacturing Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Arts Way's Common Stock Shares Outstanding and Cash And Short Term Investments is -0.34. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Arts Way Manufacturing Co, assuming nothing else is changed. The correlation between historical values of Arts Way's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Arts Way Manufacturing Co are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Arts Way's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Arts Way Manufacturing balance sheet. This account contains Arts Way investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Arts Way Manufacturing Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Arts Way's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arts Way Manufacturing 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 Arts Way Manufacturing Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Arts Way's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 12.18 in 2024, whereas Discontinued Operations is likely to drop (61.4 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense453.9K590.0K531.0K385.3K
Depreciation And Amortization807.2K804.8K925.5K655.9K

Arts Way fundamental ratios Correlations

0.910.210.440.940.890.850.880.340.950.340.570.440.860.98-0.070.620.870.240.980.450.22-0.37-0.140.770.59
0.910.20.630.750.780.980.670.110.870.110.740.50.810.870.020.660.950.460.890.590.17-0.11-0.080.750.55
0.210.20.00.060.120.070.070.680.060.680.21-0.110.540.170.460.480.37-0.010.29-0.43-0.04-0.08-0.490.51-0.2
0.440.630.00.180.080.680.01-0.260.45-0.260.840.840.170.370.26-0.040.720.770.410.760.460.530.430.090.65
0.940.750.060.180.910.680.980.410.90.410.310.260.770.96-0.230.550.65-0.010.920.360.18-0.6-0.180.680.5
0.890.780.120.080.910.730.910.340.880.340.280.110.870.87-0.270.720.66-0.050.840.23-0.17-0.56-0.390.820.36
0.850.980.070.680.680.730.57-0.060.87-0.060.770.580.720.8-0.040.550.920.470.80.660.11-0.030.00.650.61
0.880.670.070.010.980.910.570.470.820.470.150.090.760.92-0.260.60.54-0.110.880.250.14-0.69-0.260.690.36
0.340.110.68-0.260.410.34-0.060.470.171.0-0.23-0.340.480.390.080.440.18-0.380.44-0.30.01-0.61-0.540.38-0.25
0.950.870.060.450.90.880.870.820.170.170.590.540.780.9-0.190.480.820.20.870.450.06-0.3-0.080.70.71
0.340.110.68-0.260.410.34-0.060.471.00.17-0.23-0.340.480.390.080.440.18-0.380.44-0.30.01-0.61-0.540.38-0.25
0.570.740.210.840.310.280.770.15-0.230.59-0.230.820.460.460.220.230.840.720.530.480.290.460.250.450.7
0.440.5-0.110.840.260.110.580.09-0.340.54-0.340.820.120.340.03-0.250.590.590.350.560.380.420.530.090.91
0.860.810.540.170.770.870.720.760.480.780.480.460.120.820.050.860.80.120.860.04-0.08-0.37-0.440.970.27
0.980.870.170.370.960.870.80.920.390.90.390.460.340.82-0.070.630.80.180.990.470.29-0.46-0.130.730.5
-0.070.020.460.26-0.23-0.27-0.04-0.260.08-0.190.080.220.030.05-0.070.00.190.460.01-0.110.40.41-0.110.05-0.2
0.620.660.48-0.040.550.720.550.60.440.480.440.23-0.250.860.630.00.580.00.680.0-0.16-0.39-0.510.86-0.14
0.870.950.370.720.650.660.920.540.180.820.180.840.590.80.80.190.580.550.850.490.220.06-0.040.730.58
0.240.46-0.010.77-0.01-0.050.47-0.11-0.380.2-0.380.720.590.120.180.460.00.550.250.480.470.680.450.170.46
0.980.890.290.410.920.840.80.880.440.870.440.530.350.860.990.010.680.850.250.430.31-0.39-0.170.780.48
0.450.59-0.430.760.360.230.660.25-0.30.45-0.30.480.560.040.47-0.110.00.490.480.430.440.110.36-0.060.48
0.220.17-0.040.460.18-0.170.110.140.010.060.010.290.38-0.080.290.4-0.160.220.470.310.440.180.56-0.110.28
-0.37-0.11-0.080.53-0.6-0.56-0.03-0.69-0.61-0.3-0.610.460.42-0.37-0.460.41-0.390.060.68-0.390.110.180.52-0.280.19
-0.14-0.08-0.490.43-0.18-0.390.0-0.26-0.54-0.08-0.540.250.53-0.44-0.13-0.11-0.51-0.040.45-0.170.360.560.52-0.360.5
0.770.750.510.090.680.820.650.690.380.70.380.450.090.970.730.050.860.730.170.78-0.06-0.11-0.28-0.360.27
0.590.55-0.20.650.50.360.610.36-0.250.71-0.250.70.910.270.5-0.2-0.140.580.460.480.480.280.190.50.27
Click cells to compare fundamentals

Arts Way Account Relationship Matchups

Arts Way fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.8M20.9M23.9M24.4M28.1M19.6M
Short Long Term Debt Total5.2M7.0M7.7M8.2M9.4M6.2M
Other Current Liab1.3M1.2M1.3M2.0M1.8M1.4M
Total Current Liabilities6.2M7.7M9.3M9.4M10.8M6.2M
Total Stockholder Equity9.9M10.4M11.2M11.6M13.4M10.3M
Property Plant And Equipment Net5.7M5.8M6.6M5.1M5.8M5.0M
Net Debt5.2M7.0M7.7M8.2M9.4M5.0M
Retained Earnings6.4M6.7M6.8M7.0M8.1M8.3M
Cash2.7K2.7K5.1K4.0K3.6K3.4K
Non Current Assets Total8.5M8.7M9.8M9.3M10.7M6.0M
Cash And Short Term Investments2.7K2.7K5.1K4.0K3.6K3.4K
Net Receivables2.5M2.8M3.2M3.7M4.3M2.5M
Common Stock Shares Outstanding4.4M4.5M4.7M5.0M5.8M3.7M
Liabilities And Stockholders Equity18.8M20.9M23.9M24.4M28.1M19.6M
Non Current Liabilities Total2.7M2.8M3.5M3.4M3.9M3.1M
Inventory7.8M9.2M10.6M11.0M12.7M9.7M
Other Current Assets61.3K121.2K343.6K328.6K295.8K337.1K
Other Stockholder Equity3.4M3.7M4.3M4.6M5.3M9.3M
Total Liab8.9M10.5M12.8M12.8M14.7M9.3M
Property Plant And Equipment Gross5.2M20.3M21.6M18.6M21.4M22.5M
Total Current Assets10.3M12.2M14.1M15.1M17.3M13.6M
Short Term Debt2.5M4.2M4.2M4.8M5.5M3.1M
Non Currrent Assets Other93.8K299.0K630.2K1.7M2.0M2.1M
Accounts Payable2.0M1.7M2.6M2.3M2.0M2.1M
Other Assets1.9M3.3M2.9M2.7M3.1M3.2M
Long Term Debt2.7M2.6M2.9M2.6M3.0M3.9M
Common Stock44.7K45.8K50.1K51.1K58.7K37.9K
Property Plant Equipment5.4M5.2M5.8M7.2M8.2M6.0M
Net Tangible Assets11.8M9.9M10.4M11.2M10.0M11.7M
Current Deferred Revenue474.5K559.3K1.2M351.3K404.0K439.1K

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When determining whether Arts Way Manufacturing is a strong investment it is important to analyze Arts Way's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arts Way's future performance. For an informed investment choice regarding Arts Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arts Way Manufacturing Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Arts Way'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 Arts Way. If investors know Arts 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 Arts Way 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
0.584
Revenue Per Share
5.768
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0152
Return On Equity
(0)
The market value of Arts Way Manufacturing is measured differently than its book value, which is the value of Arts that is recorded on the company's balance sheet. Investors also form their own opinion of Arts Way's value that differs from its market value or its book value, called intrinsic value, which is Arts Way'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 Arts Way's market value can be influenced by many factors that don't directly affect Arts Way'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 Arts Way's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arts Way is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arts Way'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.