Antero Free Cash Flow vs Invested Capital Analysis
AR Stock | USD 29.29 0.43 1.49% |
Antero Resources financial indicator trend analysis is way more than just evaluating Antero Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antero Resources Corp is a good investment. Please check the relationship between Antero Resources Free Cash Flow and its Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Resources 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 metropolitan statistical area.
Free Cash Flow vs Invested Capital
Free Cash Flow vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antero Resources Corp Free Cash Flow account and Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Antero Resources' Free Cash Flow and Invested Capital is 0.17. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Antero Resources Corp, assuming nothing else is changed. The correlation between historical values of Antero Resources' Free Cash Flow and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Antero Resources Corp are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., Antero Resources' Free Cash Flow and Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Antero Resources Corp. There are two different methods for calculating Antero Resources Corp invested capital: operating approach and financing approach. Understanding Antero Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Antero Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antero Resources 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 Antero Resources 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 metropolitan statistical area. At this time, Antero Resources' Tax Provision is relatively stable compared to the past year. As of 04/19/2024, Enterprise Value is likely to grow to about 13.6 B, while Selling General Administrative is likely to drop slightly above 201.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 181.9M | 125.4M | 117.9M | 190.3M | Depreciation And Amortization | 745.8M | 685.2M | 693.2M | 638.4M |
Antero Resources fundamental ratios Correlations
Click cells to compare fundamentals
Antero Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Antero Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 306.4M | 272.4M | 308.1M | 329.2M | 311.6M | 316.9M | |
Total Assets | 15.2B | 13.2B | 13.9B | 14.1B | 14.8B | 13.2B | |
Short Long Term Debt Total | 6.6B | 5.6B | 5.5B | 4.6B | 4.5B | 4.7B | |
Other Current Liab | 13.6M | 575.2M | 1.5B | 1.0B | 759.7M | 647.5M | |
Total Current Liabilities | 1.0B | 983.1M | 2.1B | 1.8B | 1.5B | 1.1B | |
Total Stockholder Equity | 7.0B | 5.8B | 5.8B | 6.8B | 7.0B | 6.1B | |
Property Plant And Equipment Net | 12.9B | 12.3B | 12.9B | 13.1B | 12.9B | 11.4B | |
Net Debt | 9.5B | 8.2B | 9.0B | 8.1B | 4.5B | 5.7B | |
Retained Earnings | 837.4M | (430.5M) | (617.4M) | 913.9M | 1.1B | 1.2B | |
Accounts Payable | 112.4M | 96.6M | 101.1M | 158.3M | 125.3M | 142.5M | |
Cash | (2.9B) | (2.6B) | (3.4B) | (3.4B) | (3.1B) | (2.9B) | |
Non Current Assets Total | 14.3B | 12.6B | 13.2B | 13.3B | 14.3B | 12.4B | |
Non Currrent Assets Other | 354.3M | 61.1M | 31.1M | (732.9M) | 25.4M | 24.1M | |
Cash And Short Term Investments | (2.9B) | (2.6B) | (3.4B) | (3.4B) | (3.1B) | (2.9B) | |
Net Receivables | 489.3M | 453.8M | 670.4M | 743.2M | 443.4M | 401.0M | |
Liabilities And Stockholders Equity | 15.2B | 13.2B | 13.9B | 14.1B | 14.8B | 13.2B | |
Non Current Liabilities Total | 7.2B | 6.1B | 5.8B | 5.3B | 6.2B | 5.5B | |
Other Current Assets | 10.7M | 15.2M | 14.9M | 42.5M | 32.3M | 18.6M | |
Other Stockholder Equity | 6.1B | 6.2B | 6.4B | 5.8B | 5.8B | 6.4B | |
Total Liab | 8.2B | 7.1B | 7.8B | 7.1B | 7.6B | 6.6B | |
Property Plant And Equipment Gross | 12.9B | 12.3B | 17.2B | 17.8B | 18.0B | 12.6B | |
Total Current Assets | 922.9M | 574.1M | 686.1M | 787.5M | 475.7M | 755.7M | |
Accumulated Other Comprehensive Income | (3.2B) | (4.2B) | (3.3B) | (3.9B) | (3.5B) | (3.7B) | |
Other Liab | 844.1M | 727.1M | 672.8M | 1.3B | 1.4B | 760.8M | |
Other Assets | 354.3M | 61.1M | 31.1M | 27.0M | 24.3M | 23.0M | |
Long Term Debt | 3.8B | 3.0B | 2.1B | 1.2B | 1.5B | 2.6B | |
Short Term Debt | 305.3M | 266.0M | 456.3M | 556.6M | 540.1M | 760.9M | |
Property Plant Equipment | 1.4B | 12.3B | 12.9B | 13.1B | 15.0B | 15.8B | |
Net Tangible Assets | 7.0B | 5.8B | 5.8B | 6.8B | 7.8B | 6.7B | |
Common Stock Total Equity | 3.0M | 2.7M | 3.1M | 3.0M | 3.4M | 3.2M | |
Retained Earnings Total Equity | 837.4M | (430.5M) | (617.4M) | 913.9M | 822.5M | 863.6M | |
Long Term Debt Total | 3.8B | 3.0B | 2.1B | 1.2B | 1.1B | 1.0B | |
Capital Surpluse | 6.1B | 6.2B | 6.4B | 5.8B | 6.7B | 6.2B | |
Deferred Long Term Liab | 782.0M | 3M | 8M | 6M | 5.4M | 5.1M | |
Long Term Investments | 333.2M | 255.1M | 232.4M | 220.4M | 222.3M | 211.1M | |
Non Current Liabilities Other | 58.6M | 59.7M | 54.5M | 59.7M | 59.4M | 63.1M |
Pair Trading with Antero Resources
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 Antero Resources 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 Antero Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Antero Stock
0.96 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
0.91 | SD | SandRidge Energy | PairCorr |
0.96 | SM | SM Energy Financial Report 25th of April 2024 | PairCorr |
Moving against Antero Stock
0.73 | EP | Empire Petroleum Corp Upward Rally | PairCorr |
0.59 | VIVK | Vivakor Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Antero Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Resources 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 Antero Resources - 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 Antero Resources Corp to buy it.
The correlation of Antero Resources 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 Antero Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Resources Corp 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 Antero Resources 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Resources 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 metropolitan statistical area. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Antero Stock analysis
When running Antero Resources' price analysis, check to measure Antero Resources' 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 Antero Resources is operating at the current time. Most of Antero Resources' value examination focuses on studying past and present price action to predict the probability of Antero Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antero Resources' price. Additionally, you may evaluate how the addition of Antero Resources to your portfolios can decrease your overall portfolio volatility.
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Is Antero Resources' 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 Antero Resources. If investors know Antero 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 Antero Resources 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 (0.87) | Earnings Share 0.78 | Revenue Per Share 14.961 | Quarterly Revenue Growth (0.39) | Return On Assets 0.0228 |
The market value of Antero Resources Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Resources' value that differs from its market value or its book value, called intrinsic value, which is Antero Resources' 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 Antero Resources' market value can be influenced by many factors that don't directly affect Antero Resources' 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 Antero Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Resources' 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.