ArcBest Total Assets vs Current Liabilities Analysis

ARCB Stock  USD 137.17  0.98  0.72%   
Trend analysis of ArcBest Corp balance sheet accounts such as Short Long Term Debt Total of 459.6 M, Other Current Liabilities of 195.8 M or Total Current Liabilities of 352.4 M provides information on ArcBest Corp's total assets, liabilities, and equity, which is the actual value of ArcBest Corp to its prevalent stockholders. By breaking down trends over time using ArcBest Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About ArcBest Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ArcBest Corp at a specified time, usually calculated after every quarter, six months, or one year. ArcBest Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ArcBest Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ArcBest currently owns. An asset can also be divided into two categories, current and non-current.

ArcBest Corp Balance Sheet Chart

ArcBest Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how ArcBest Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, ArcBest Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 459.6 M, whereas Other Current Liabilities is forecasted to decline to about 195.8 M.

Total Assets

Total assets refers to the total amount of ArcBest Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ArcBest Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on ArcBest Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ArcBest Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.The current year's Enterprise Value Multiple is expected to grow to 18.63, whereas Selling General Administrative is forecasted to decline to about 29.7 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.3B4.7B4.4B4.6B
EBITDA410.3M540.9M172.6M181.2M

ArcBest Corp fundamental ratios Correlations

0.850.810.810.990.990.520.980.90.650.990.070.750.780.460.75-0.220.65-0.770.80.940.780.920.260.820.73
0.850.740.670.780.880.760.80.730.590.860.070.690.620.090.8-0.580.56-0.70.740.790.610.910.340.760.43
0.810.740.920.770.760.570.730.830.420.80.370.570.90.360.89-0.480.35-0.520.930.710.870.70.60.70.74
0.810.670.920.770.750.530.730.90.370.790.430.540.980.410.92-0.260.24-0.50.990.720.950.680.480.670.76
0.990.780.770.770.980.390.980.850.710.970.010.790.720.540.68-0.120.69-0.730.750.920.760.890.150.750.79
0.990.880.760.750.980.510.970.830.720.98-0.020.790.70.430.73-0.230.71-0.770.760.930.730.960.170.770.72
0.520.760.570.530.390.510.470.61-0.070.580.220.090.56-0.30.68-0.70.25-0.590.60.580.330.580.720.760.02
0.980.80.730.730.980.970.470.830.650.98-0.140.710.680.370.65-0.140.79-0.860.710.970.680.90.220.840.69
0.90.730.830.90.850.830.610.830.360.890.360.520.920.410.79-0.240.35-0.630.870.850.810.750.480.820.62
0.650.590.420.370.710.72-0.070.650.360.6-0.170.940.250.510.39-0.020.54-0.350.390.490.530.68-0.370.210.63
0.990.860.80.790.970.980.580.980.890.60.010.690.750.380.74-0.260.7-0.820.780.970.720.930.320.860.69
0.070.070.370.430.01-0.020.22-0.140.36-0.170.010.060.510.380.41-0.3-0.680.440.43-0.150.45-0.040.28-0.090.14
0.750.690.570.540.790.790.090.710.520.940.690.060.440.560.57-0.130.45-0.370.560.550.70.73-0.240.30.68
0.780.620.90.980.720.70.560.680.920.250.750.510.440.40.89-0.280.16-0.460.960.690.910.620.550.680.69
0.460.090.360.410.540.43-0.30.370.410.510.380.380.560.40.220.280.040.110.340.230.550.29-0.31-0.030.75
0.750.80.890.920.680.730.680.650.790.390.740.410.570.890.22-0.450.21-0.480.970.650.890.730.50.630.62
-0.22-0.58-0.48-0.26-0.12-0.23-0.7-0.14-0.24-0.02-0.26-0.3-0.13-0.280.28-0.45-0.050.17-0.35-0.16-0.16-0.28-0.55-0.360.09
0.650.560.350.240.690.710.250.790.350.540.7-0.680.450.160.040.21-0.05-0.860.230.770.170.670.060.670.41
-0.77-0.7-0.52-0.5-0.73-0.77-0.59-0.86-0.63-0.35-0.820.44-0.37-0.460.11-0.480.17-0.86-0.5-0.92-0.36-0.75-0.39-0.91-0.34
0.80.740.930.990.750.760.60.710.870.390.780.430.560.960.340.97-0.350.23-0.50.710.940.710.50.670.72
0.940.790.710.720.920.930.580.970.850.490.97-0.150.550.690.230.65-0.160.77-0.920.710.610.870.350.920.59
0.780.610.870.950.760.730.330.680.810.530.720.450.70.910.550.89-0.160.17-0.360.940.610.650.260.480.83
0.920.910.70.680.890.960.580.90.750.680.93-0.040.730.620.290.73-0.280.67-0.750.710.870.650.180.740.6
0.260.340.60.480.150.170.720.220.48-0.370.320.28-0.240.55-0.310.5-0.550.06-0.390.50.350.260.180.640.02
0.820.760.70.670.750.770.760.840.820.210.86-0.090.30.68-0.030.63-0.360.67-0.910.670.920.480.740.640.35
0.730.430.740.760.790.720.020.690.620.630.690.140.680.690.750.620.090.41-0.340.720.590.830.60.020.35
Click cells to compare fundamentals

ArcBest Corp Account Relationship Matchups

ArcBest Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.1B2.5B2.5B2.6B
Short Long Term Debt Total396.1M403.5M337.1M438.7M437.7M459.6M
Other Current Liab231.8M247.1M317.9M352.1M378.0M195.8M
Total Current Liabilities444.3M506.5M702.7M768.5M701.6M352.4M
Total Stockholder Equity763.0M828.6M929.1M1.2B1.2B1.3B
Property Plant And Equipment Net752.1M793.9M802.6M977.0M1.1B1.1B
Net Debt194.2M99.6M260.5M280.3M175.5M184.3M
Retained Earnings533.2M595.9M801.3M1.1B1.3B1.3B
Accounts Payable134.4M170.9M311.4M317.5M214.0M224.7M
Cash201.9M304.0M76.6M158.4M262.2M275.3M
Non Current Assets Total986.8M1.0B1.3B1.5B1.6B1.7B
Non Currrent Assets Other77.4M74.5M96.9M94.4M295K280.3K
Cash And Short Term Investments318.5M369.4M125.0M326.0M330.1M346.6M
Net Receivables310.8M346.6M605.1M611.6M482.2M241.5M
Common Stock Shares Outstanding26.5M26.4M26.8M25.5M24.6M26.4M
Liabilities And Stockholders Equity1.7B1.8B2.1B2.5B2.5B2.6B
Non Current Liabilities Total443.9M443.9M480.9M574.4M541.2M277.4M
Inventory30.4M37.8M40.1M40.2M46.3M49.4M
Other Current Assets4.7M4.4M5.9M11.9M72.5M76.1M
Other Stockholder Equity229.4M231.2M123.8M55.3M(34.8M)(33.1M)
Total Liab888.2M950.4M1.2B1.3B1.2B629.9M
Property Plant And Equipment Gross752.1M793.9M1.8B2.0B2.3B2.4B
Total Current Assets664.4M758.2M776.1M989.8M884.8M443.1M
Accumulated Other Comprehensive Income203K1.2M3.7M7.1M4.3M4.5M
Short Term Debt77.6M88.6M73.4M92.5M99.1M104.1M
Intangible Assets58.8M55.0M126.6M113.8M101.2M59.0M
Common Stock Total Equity288K290K294K298K342.7K279.8K
Common Stock288K290K294K298K300K281.5K
Other Liab124.8M128.9M217.2M228.2M262.4M275.6M
Other Assets87.6M198.8M107.1M79.8M91.7M83.0M
Long Term Debt266.2M217.1M174.9M198.4M162.0M119.1M
Property Plant Equipment683.6M678.7M802.6M810.5M932.1M536.7M
Current Deferred Revenue10.1M500K6.2M6.3M10.4M13.7M
Short Term Investments116.6M65.4M48.3M167.7M67.8M62.3M
Net Tangible Assets668.2M783.1M502.2M880.1M1.0B586.1M
Retained Earnings Total Equity533.2M595.9M801.3M1.1B1.3B1.3B
Long Term Debt Total266.2M217.1M174.9M198.4M228.1M176.1M
Capital Surpluse333.9M342.4M318.0M339.6M390.5M345.6M

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.

Moving together with ArcBest Stock

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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 CorrelationCorrelation 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:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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
5.77
Revenue Per Share
184.332
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.