Asset Breakdown
914.1 M
Assets Non Current
Goodwill
635.4 M
Current Assets
| Total Assets | 1.55 Billion | |
| Current Assets | 635.38 Million | |
| Assets Non Current | 914.06 Million | |
| Goodwill | 162.99 Million | |
| Tax Assets | 24.02 Million |
You think ArcBest (NASDAQ:ARCB) debt is an issue for investors?
 | By Raphi Shpitalnik | Macroaxis Story |
ArcBest is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 29th of July 2020. ArcBest Earnings before Tax are projected to increase significantly based on the last few years of reporting. The past year's Earnings before Tax were at 51.47 Million. The current year Enterprise Value is expected to grow to about 919 M, whereas Net Income Per Employee is forecasted to decline to 2,456. As many baby boomers are still indifferent towards industrials space, it makes sense to go over ArcBest as a unique choice for millenniums.
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Reviewed by Michael Smolkin
This firm currently holds 613.08 M in liabilities with Debt to Equity (D/E) ratio of 0.81, which is about average as compared to similar companies. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. ArcBest has an asset utilization ratio of 235.96 percent. This suggests that the company is making $2.36 for each dollar of assets. An increasing asset utilization means that ArcBest is more efficient with each dollar of assets it utilizes for everyday operations. ArcBest Corp financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of ArcBest Corp, including all of ArcBest Corp's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of ArcBest Corp assets, the company is considered highly leveraged. Understanding the composition and structure of overall ArcBest Corp debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding ArcBest Total Debt
ArcBest Corp liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. ArcBest Corp has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on ArcBest Corp balance sheet include debt obligations and money owed to different ArcBest Corp vendors, workers, and loan providers. Below is the chart of ArcBest main long-term debt accounts currently reported on its balance sheet. You can use ArcBest Corp financial leverage analysis tool to get a better grip on understanding its financial positionHow important is ArcBest Corp's Liquidity
ArcBest Corp financial leverage refers to using borrowed capital as a funding source to finance ArcBest Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. ArcBest Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to ArcBest Corp's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of ArcBest Corp's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between ArcBest Corp's total debt and its cash.
Is ArcBest Corp valued fairly by the market?
The company reported the previous year's revenue of 2.98 B. Net Income was 36.98 M with profit before overhead, payroll, taxes, and interest of 204.16 M.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of ArcBest Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.