ArcBest Free Cash Flow vs Cash Flow To Debt Ratio Analysis

ARCB Stock

USD 117.10 0.89 0.75%

ArcBest Corp financial indicator trend analysis is way more than just evaluating ArcBest Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ArcBest Corp is a good investment. Please check the relationship between ArcBest Corp Free Cash Flow and its Cash Flow To Debt Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest 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 main economic indicators.

For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.

Free Cash Flow vs Cash Flow To Debt Ratio

Free Cash Flow vs Cash Flow To Debt Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ArcBest Corp Free Cash Flow account and Cash Flow To Debt Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between ArcBest Corp's Free Cash Flow and Cash Flow To Debt Ratio is 0.39. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Flow To Debt Ratio in the same time period over historical financial statements of ArcBest Corp, assuming nothing else is changed. The correlation between historical values of ArcBest Corp's Free Cash Flow and Cash Flow To Debt Ratio 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 ArcBest Corp are associated (or correlated) with its Cash Flow To Debt Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flow To Debt Ratio has no effect on the direction of Free Cash Flow i.e., ArcBest Corp's Free Cash Flow and Cash Flow To Debt Ratio go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Cash Flow To Debt Ratio

Most indicators from ArcBest Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ArcBest 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 ArcBest 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 main economic indicators.

For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.At present, ArcBest Corp's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.63, whereas Selling General Administrative is forecasted to decline to about 20.6 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	3.3B	4.7B	4.4B	4.6B
EBITDA	410.3M	540.9M	172.6M	181.2M

Cost Of Revenue Ebitda

ArcBest Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.85	0.81	0.81	0.99	0.99	0.52	0.98	0.9	0.65	0.99	0.07	0.75	0.78	0.46	0.75	-0.22	0.65	-0.77	0.8	0.94	0.78	0.92	0.26	0.82	0.73
Short Long Term Debt Total	0.85		0.74	0.67	0.78	0.88	0.76	0.8	0.73	0.59	0.86	0.07	0.69	0.62	0.09	0.8	-0.58	0.56	-0.7	0.74	0.79	0.61	0.91	0.34	0.76	0.43
Other Current Liab	0.81	0.74		0.92	0.77	0.76	0.57	0.73	0.83	0.42	0.8	0.37	0.57	0.9	0.36	0.89	-0.48	0.35	-0.52	0.93	0.71	0.87	0.7	0.6	0.7	0.74
Total Current Liabilities	0.81	0.67	0.92		0.77	0.75	0.53	0.73	0.9	0.37	0.79	0.43	0.54	0.98	0.41	0.92	-0.26	0.24	-0.5	0.99	0.72	0.95	0.68	0.48	0.67	0.76
Total Stockholder Equity	0.99	0.78	0.77	0.77		0.98	0.39	0.98	0.85	0.71	0.97	0.01	0.79	0.72	0.54	0.68	-0.12	0.69	-0.73	0.75	0.92	0.76	0.89	0.15	0.75	0.79
Property Plant And Equipment Net	0.99	0.88	0.76	0.75	0.98		0.51	0.97	0.83	0.72	0.98	-0.02	0.79	0.7	0.43	0.73	-0.23	0.71	-0.77	0.76	0.93	0.73	0.96	0.17	0.77	0.72
Net Debt	0.52	0.76	0.57	0.53	0.39	0.51		0.47	0.61	-0.07	0.58	0.22	0.09	0.56	-0.3	0.68	-0.7	0.25	-0.59	0.6	0.58	0.33	0.58	0.72	0.76	0.02
Retained Earnings	0.98	0.8	0.73	0.73	0.98	0.97	0.47		0.83	0.65	0.98	-0.14	0.71	0.68	0.37	0.65	-0.14	0.79	-0.86	0.71	0.97	0.68	0.9	0.22	0.84	0.69
Accounts Payable	0.9	0.73	0.83	0.9	0.85	0.83	0.61	0.83		0.36	0.89	0.37	0.52	0.92	0.41	0.79	-0.24	0.35	-0.63	0.87	0.85	0.81	0.75	0.48	0.82	0.62
Cash	0.65	0.59	0.42	0.37	0.71	0.72	-0.07	0.65	0.36		0.6	-0.17	0.94	0.25	0.51	0.39	-0.02	0.54	-0.35	0.39	0.49	0.53	0.68	-0.37	0.21	0.63
Non Current Assets Total	0.99	0.86	0.8	0.79	0.97	0.98	0.58	0.98	0.89	0.6		0.01	0.69	0.75	0.38	0.74	-0.26	0.7	-0.82	0.78	0.97	0.72	0.93	0.32	0.86	0.69
Non Currrent Assets Other	0.07	0.07	0.37	0.43	0.01	-0.02	0.22	-0.14	0.37	-0.17	0.01		0.05	0.51	0.38	0.41	-0.29	-0.68	0.44	0.43	-0.15	0.45	-0.04	0.29	-0.09	0.14
Cash And Short Term Investments	0.75	0.69	0.57	0.54	0.79	0.79	0.09	0.71	0.52	0.94	0.69	0.05		0.44	0.56	0.57	-0.13	0.45	-0.37	0.56	0.55	0.7	0.73	-0.24	0.3	0.68
Net Receivables	0.78	0.62	0.9	0.98	0.72	0.7	0.56	0.68	0.92	0.25	0.75	0.51	0.44		0.4	0.89	-0.28	0.16	-0.46	0.96	0.69	0.91	0.62	0.55	0.68	0.69
Common Stock Shares Outstanding	0.46	0.09	0.36	0.41	0.54	0.43	-0.3	0.37	0.41	0.51	0.38	0.38	0.56	0.4		0.22	0.28	0.04	0.11	0.34	0.23	0.55	0.29	-0.31	-0.03	0.75
Non Current Liabilities Total	0.75	0.8	0.89	0.92	0.68	0.73	0.68	0.65	0.79	0.39	0.74	0.41	0.57	0.89	0.22		-0.45	0.21	-0.48	0.97	0.65	0.89	0.73	0.5	0.63	0.62
Inventory	-0.22	-0.58	-0.48	-0.26	-0.12	-0.23	-0.7	-0.14	-0.24	-0.02	-0.26	-0.29	-0.13	-0.28	0.28	-0.45		-0.05	0.17	-0.35	-0.16	-0.16	-0.28	-0.55	-0.36	0.09
Other Current Assets	0.65	0.56	0.35	0.24	0.69	0.71	0.25	0.79	0.35	0.54	0.7	-0.68	0.45	0.16	0.04	0.21	-0.05		-0.86	0.23	0.77	0.17	0.67	0.06	0.67	0.41
Other Stockholder Equity	-0.77	-0.7	-0.52	-0.5	-0.73	-0.77	-0.59	-0.86	-0.63	-0.35	-0.82	0.44	-0.37	-0.46	0.11	-0.48	0.17	-0.86		-0.5	-0.92	-0.36	-0.75	-0.39	-0.91	-0.34
Total Liab	0.8	0.74	0.93	0.99	0.75	0.76	0.6	0.71	0.87	0.39	0.78	0.43	0.56	0.96	0.34	0.97	-0.35	0.23	-0.5		0.71	0.94	0.71	0.5	0.67	0.72
Property Plant And Equipment Gross	0.94	0.79	0.71	0.72	0.92	0.93	0.58	0.97	0.85	0.49	0.97	-0.15	0.55	0.69	0.23	0.65	-0.16	0.77	-0.92	0.71		0.61	0.87	0.35	0.92	0.59
Total Current Assets	0.78	0.61	0.87	0.95	0.76	0.73	0.33	0.68	0.81	0.53	0.72	0.45	0.7	0.91	0.55	0.89	-0.16	0.17	-0.36	0.94	0.61		0.65	0.26	0.48	0.83
Short Term Debt	0.92	0.91	0.7	0.68	0.89	0.96	0.58	0.9	0.75	0.68	0.93	-0.04	0.73	0.62	0.29	0.73	-0.28	0.67	-0.75	0.71	0.87	0.65		0.18	0.74	0.6
Intangible Assets	0.26	0.34	0.6	0.48	0.15	0.17	0.72	0.22	0.48	-0.37	0.32	0.29	-0.24	0.55	-0.31	0.5	-0.55	0.06	-0.39	0.5	0.35	0.26	0.18		0.64	0.02
Good Will	0.82	0.76	0.7	0.67	0.75	0.77	0.76	0.84	0.82	0.21	0.86	-0.09	0.3	0.68	-0.03	0.63	-0.36	0.67	-0.91	0.67	0.92	0.48	0.74	0.64		0.35
Common Stock Total Equity	0.73	0.43	0.74	0.76	0.79	0.72	0.02	0.69	0.62	0.63	0.69	0.14	0.68	0.69	0.75	0.62	0.09	0.41	-0.34	0.72	0.59	0.83	0.6	0.02	0.35

Click cells to compare fundamentals

ArcBest Corp Account Relationship Matchups

ArcBest Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.8B	2.1B	2.5B	2.5B	2.6B
Short Long Term Debt Total	396.1M	403.5M	337.1M	438.7M	437.7M	459.6M
Other Current Liab	231.8M	247.1M	317.9M	352.1M	378.0M	195.8M
Total Current Liabilities	444.3M	506.5M	702.7M	768.5M	701.6M	352.4M
Total Stockholder Equity	763.0M	828.6M	929.1M	1.2B	1.2B	1.3B
Property Plant And Equipment Net	752.1M	793.9M	802.6M	977.0M	1.1B	1.1B
Net Debt	194.2M	99.6M	260.5M	280.3M	175.5M	184.3M
Retained Earnings	533.2M	595.9M	801.3M	1.1B	1.3B	1.3B
Accounts Payable	134.4M	170.9M	311.4M	317.5M	214.0M	224.7M
Cash	201.9M	304.0M	76.6M	158.4M	262.2M	275.3M
Non Current Assets Total	986.8M	1.0B	1.3B	1.5B	1.6B	1.7B
Non Currrent Assets Other	77.4M	74.5M	96.9M	94.4M	295K	280.3K
Cash And Short Term Investments	318.5M	369.4M	125.0M	326.0M	330.1M	346.6M
Net Receivables	310.8M	346.6M	605.1M	611.6M	482.2M	241.5M
Common Stock Shares Outstanding	26.5M	26.4M	26.8M	25.5M	24.6M	26.4M
Liabilities And Stockholders Equity	1.7B	1.8B	2.1B	2.5B	2.5B	2.6B
Non Current Liabilities Total	443.9M	443.9M	480.9M	574.4M	541.2M	277.4M
Inventory	30.4M	37.8M	40.1M	40.2M	46.3M	49.4M
Other Current Assets	4.7M	4.4M	5.9M	11.9M	72.5M	76.1M
Other Stockholder Equity	229.4M	231.2M	123.8M	55.3M	(34.8M)	(33.1M)
Total Liab	888.2M	950.4M	1.2B	1.3B	1.2B	629.9M
Property Plant And Equipment Gross	752.1M	793.9M	1.8B	2.0B	2.3B	2.4B
Total Current Assets	664.4M	758.2M	776.1M	989.8M	884.8M	443.1M
Accumulated Other Comprehensive Income	203K	1.2M	3.7M	7.1M	4.3M	4.5M
Short Term Debt	77.6M	88.6M	73.4M	92.5M	99.1M	104.1M
Intangible Assets	58.8M	55.0M	126.6M	113.8M	101.2M	59.0M
Common Stock Total Equity	288K	290K	294K	298K	342.7K	279.8K
Common Stock	288K	290K	294K	298K	300K	281.5K
Other Liab	124.8M	128.9M	217.2M	228.2M	262.4M	275.6M
Other Assets	87.6M	198.8M	107.1M	79.8M	91.7M	80.4M
Long Term Debt	266.2M	217.1M	174.9M	198.4M	162.0M	119.1M
Property Plant Equipment	683.6M	678.7M	802.6M	810.5M	932.1M	536.7M
Current Deferred Revenue	10.1M	500K	6.2M	6.3M	10.4M	13.7M
Short Term Investments	116.6M	65.4M	48.3M	167.7M	67.8M	62.3M
Net Tangible Assets	668.2M	783.1M	502.2M	880.1M	1.0B	586.1M
Retained Earnings Total Equity	533.2M	595.9M	801.3M	1.1B	1.3B	1.3B
Long Term Debt Total	266.2M	217.1M	174.9M	198.4M	228.1M	176.1M
Capital Surpluse	333.9M	342.4M	318.0M	339.6M	390.5M	345.6M

Pair Trading with ArcBest Corp

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 ArcBest Corp 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 ArcBest Corp will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to ArcBest Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcBest Corp 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 ArcBest Corp - 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 ArcBest Corp to buy it.

The correlation of ArcBest Corp 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 ArcBest Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcBest 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 ArcBest Corp 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 Correlation Correlation Matching

When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp'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 Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:

How To Invest In ArcBest

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Is ArcBest Stock a good investment?

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What is ArcBest Corp's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest 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 main economic indicators.

For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.

Note that the ArcBest Corp information on this page should be used as a complementary analysis to other ArcBest Corp'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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for ArcBest Stock analysis

When running ArcBest Corp's price analysis, check to measure ArcBest Corp'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 ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.

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Is ArcBest 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 ArcBest Corp. If investors know ArcBest 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 ArcBest 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

0.354

Dividend Share

0.48

Earnings Share

4.9

Revenue Per Share

182.815

Quarterly Revenue Growth

(0.06)

The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest 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 ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest 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 ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest 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.

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ArcBest Free Cash Flow vs Cash Flow To Debt Ratio Analysis

Free Cash Flow vs Cash Flow To Debt Ratio

Free Cash Flow vs Cash Flow To Debt Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow

Cash Flow To Debt Ratio

ArcBest Corp fundamental ratios Correlations

ArcBest Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ArcBest Corp fundamental ratios Accounts

Pair Trading with ArcBest Corp

Complementary Tools for ArcBest Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Current Liabilities

Property Plant And Equipment Gross	- 0.92	Other Stockholder Equity
Good Will	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Other Current Assets
Other Stockholder Equity	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.82	Non Current Assets Total
Other Stockholder Equity	- 0.77	Property Plant And Equipment Net