Arcosa Deferred Long Term Liab vs Accounts Payable Analysis

ACA Stock  USD 78.22  0.88  1.14%   
Arcosa financial indicator trend analysis is way more than just evaluating Arcosa Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcosa Inc is a good investment. Please check the relationship between Arcosa Deferred Long Term Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcosa Inc. 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.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcosa Inc Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arcosa's Deferred Long Term Liab and Accounts Payable is 0.91. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Arcosa Inc, assuming nothing else is changed. The correlation between historical values of Arcosa's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Arcosa Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Arcosa's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents Arcosa obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Arcosa Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Arcosa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcosa Inc 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 Arcosa Inc. 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.
As of April 30, 2024, Tax Provision is expected to decline to about 36.6 M. In addition to that, Selling General Administrative is expected to decline to about 222.5 M
 2021 2022 2024 (projected)
Interest Income24M34.3M4.5M
Tax Provision14M70.4M36.6M

Arcosa fundamental ratios Correlations

-0.270.5-0.26-0.32-0.180.41-0.26-0.46-0.21-0.22-0.260.560.36-0.22-0.26-0.27-0.21-0.29-0.23-0.44-0.22-0.2-0.29-0.22-0.18
-0.270.020.990.990.99-0.011.00.870.980.681.0-0.85-0.80.680.961.00.980.860.970.880.990.90.970.910.76
0.50.02-0.02-0.070.040.350.040.01-0.060.010.020.280.090.010.160.030.13-0.240.180.080.1-0.140.04-0.1-0.06
-0.260.99-0.020.990.980.00.990.840.980.70.99-0.85-0.830.70.940.990.970.880.960.880.980.910.970.920.8
-0.320.99-0.070.990.970.060.980.820.960.740.98-0.86-0.830.740.960.970.940.850.930.90.960.90.980.90.82
-0.180.990.040.980.970.020.980.820.970.670.98-0.84-0.80.670.950.990.970.820.950.870.980.870.950.940.75
0.41-0.010.350.00.060.02-0.03-0.44-0.110.57-0.080.41-0.240.570.08-0.08-0.09-0.250.00.2-0.07-0.090.19-0.030.51
-0.261.00.040.990.980.98-0.030.880.980.650.99-0.86-0.770.650.960.990.980.880.960.860.990.920.960.880.75
-0.460.870.010.840.820.82-0.440.880.870.310.89-0.91-0.530.310.840.890.90.820.850.70.90.790.760.710.4
-0.210.98-0.060.980.960.97-0.110.980.870.560.98-0.88-0.710.560.930.970.960.930.910.790.970.960.920.870.7
-0.220.680.010.70.740.670.570.650.310.560.62-0.37-0.91.00.650.630.590.450.690.820.620.50.830.710.96
-0.261.00.020.990.980.98-0.080.990.890.980.62-0.87-0.760.620.951.00.990.870.960.851.00.890.940.910.71
0.56-0.850.28-0.85-0.86-0.840.41-0.86-0.91-0.88-0.37-0.870.63-0.37-0.82-0.87-0.83-0.84-0.77-0.76-0.84-0.84-0.77-0.77-0.49
0.36-0.80.09-0.83-0.83-0.8-0.24-0.77-0.53-0.71-0.9-0.760.63-0.9-0.72-0.76-0.73-0.62-0.83-0.89-0.75-0.64-0.87-0.87-0.9
-0.220.680.010.70.740.670.570.650.310.561.00.62-0.37-0.90.650.630.590.450.690.820.620.50.830.710.96
-0.260.960.160.940.960.950.080.960.840.930.650.95-0.82-0.720.650.950.940.760.920.910.950.850.950.80.72
-0.271.00.030.990.970.99-0.080.990.890.970.631.0-0.87-0.760.630.950.990.850.960.860.990.880.940.910.71
-0.210.980.130.970.940.97-0.090.980.90.960.590.99-0.83-0.730.590.940.990.840.980.821.00.860.920.890.67
-0.290.86-0.240.880.850.82-0.250.880.820.930.450.87-0.84-0.620.450.760.850.840.80.620.850.960.810.740.63
-0.230.970.180.960.930.950.00.960.850.910.690.96-0.77-0.830.690.920.960.980.80.880.980.810.940.90.74
-0.440.880.080.880.90.870.20.860.70.790.820.85-0.76-0.890.820.910.860.820.620.880.840.70.930.810.82
-0.220.990.10.980.960.98-0.070.990.90.970.621.0-0.84-0.750.620.950.991.00.850.980.840.870.940.90.7
-0.20.9-0.140.910.90.87-0.090.920.790.960.50.89-0.84-0.640.50.850.880.860.960.810.70.870.860.740.69
-0.290.970.040.970.980.950.190.960.760.920.830.94-0.77-0.870.830.950.940.920.810.940.930.940.860.870.89
-0.220.91-0.10.920.90.94-0.030.880.710.870.710.91-0.77-0.870.710.80.910.890.740.90.810.90.740.870.75
-0.180.76-0.060.80.820.750.510.750.40.70.960.71-0.49-0.90.960.720.710.670.630.740.820.70.690.890.75
Click cells to compare fundamentals

Arcosa Account Relationship Matchups

Arcosa fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding48.9M48.4M48.5M48.6M48.7M38.9M
Total Assets2.3B2.6B3.2B3.3B3.6B2.8B
Other Current Liab119.4M115.2M145.9M121.8M109M99.5M
Total Current Liabilities284M310.3M364M367.7M431.2M320.9M
Total Stockholder Equity1.8B1.9B2.0B2.2B2.3B2.0B
Other Liab106.7M196M206.1M222.7M256.1M135.4M
Net Tangible Assets1.1B885.3M798.1M969.8M872.8M757.2M
Property Plant And Equipment Net816.2M913.3M1.2B1.2B1.4B1.0B
Net Debt(133.1M)158.7M606.6M390.2M502M527.1M
Accounts Payable90M144.1M184.7M190.7M272.5M147.6M
Cash240.4M95.8M72.9M160.4M104.8M109.2M
Non Current Assets Total1.5B2.0B2.4B2.5B2.7B2.0B
Non Currrent Assets Other92.9M46.2M49.9M58.2M24.7M23.5M
Other Assets39.9M61.6M63.1M69.6M62.6M58.9M
Long Term Debt100M248.2M664.7M535.9M561.9M315.0M
Cash And Short Term Investments240.4M95.8M72.9M160.4M104.8M109.2M
Net Receivables200M260.2M310.8M334.2M357.1M282.1M
Good Will621.9M794M934.9M958.5M990.7M808.3M
Long Term Debt Total103.6M248.2M664.7M535.9M616.3M647.1M
Liabilities And Stockholders Equity2.3B2.6B3.2B3.3B3.6B2.8B
Non Current Liabilities Total228.6M444.2M870.8M788.5M814.7M472.6M
Inventory283.3M276.8M324.5M315.8M401.8M325.2M
Other Current Assets33.5M32.1M59.7M46.4M48.3M36.1M
Other Stockholder Equity1.7B1.7B1.7B1.7B1.7B1.8B
Total Liab512.6M754.5M1.2B1.2B1.2B793.5M
Property Plant And Equipment Gross816.2M913.3M1.2B1.2B2.3B1.1B
Total Current Assets757.2M664.9M767.9M856.8M912M752.7M
Accumulated Other Comprehensive Income(19.7M)(22.1M)(19.3M)(15.7M)(16.2M)(17.0M)
Non Current Liabilities Other58.1M83.3M72.1M77M73.2M55.0M
Cash And Equivalents240.4M95.8M72.9M160.4M184.5M108.4M
Short Term Debt3.7M6.3M14.8M14.7M15.2M7.8M
Property Plant Equipment831.8M913.3M1.2B1.2B1.4B954.1M
Short Long Term Debt Total107.3M254.5M679.5M550.6M606.8M374.7M
Net Invested Capital1.9B2.1B2.6B2.7B2.9B2.5B
Short Long Term Debt3.7M6.3M14.8M14.7M6.8M7.6M
Net Working Capital473.2M354.6M403.9M489.1M480.8M454.0M
Retained Earnings122.9M219.7M279.5M515.5M664.9M334.0M
Retained Earnings Total Equity122.9M219.7M279.5M515.5M592.8M622.5M

Pair Trading with Arcosa

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arcosa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arcosa will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arcosa Stock

  0.65J Jacobs Solutions Earnings Call This WeekPairCorr
  0.69ESOA Energy Services Financial Report 29th of May 2024 PairCorr

Moving against Arcosa Stock

  0.45AGX Argan IncPairCorr
The ability to find closely correlated positions to Arcosa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arcosa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arcosa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arcosa Inc to buy it.
The correlation of Arcosa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arcosa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arcosa Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arcosa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Arcosa Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Arcosa's 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 Arcosa Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcosa Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcosa Inc. 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.
Note that the Arcosa Inc information on this page should be used as a complementary analysis to other Arcosa's 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Arcosa's price analysis, check to measure Arcosa's 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 Arcosa is operating at the current time. Most of Arcosa's value examination focuses on studying past and present price action to predict the probability of Arcosa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcosa's price. Additionally, you may evaluate how the addition of Arcosa to your portfolios can decrease your overall portfolio volatility.
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Is Arcosa'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 Arcosa. If investors know Arcosa 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 Arcosa 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
(0.83)
Dividend Share
0.2
Earnings Share
3.26
Revenue Per Share
47.586
Quarterly Revenue Growth
0.164
The market value of Arcosa Inc is measured differently than its book value, which is the value of Arcosa that is recorded on the company's balance sheet. Investors also form their own opinion of Arcosa's value that differs from its market value or its book value, called intrinsic value, which is Arcosa'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 Arcosa's market value can be influenced by many factors that don't directly affect Arcosa'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 Arcosa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcosa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcosa'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.