Arrowhead Net Working Capital vs Accounts Payable Analysis

ARWR Stock  USD 24.44  0.31  1.28%   
Arrowhead Pharmaceuticals financial indicator trend analysis is way more than just evaluating Arrowhead Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrowhead Pharmaceuticals is a good investment. Please check the relationship between Arrowhead Pharmaceuticals Net Working Capital and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrowhead Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Arrowhead Stock, please use our How to Invest in Arrowhead Pharmaceuticals guide.

Net Working Capital vs Accounts Payable

Net Working Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrowhead Pharmaceuticals Net Working Capital account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Arrowhead Pharmaceuticals' Net Working Capital and Accounts Payable is 0.19. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Arrowhead Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Arrowhead Pharmaceuticals' Net Working Capital 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 Net Working Capital of Arrowhead Pharmaceuticals 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 Net Working Capital i.e., Arrowhead Pharmaceuticals' Net Working Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Working Capital

Accounts Payable

An accounting item on the balance sheet that represents Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Arrowhead Stock, please use our How to Invest in Arrowhead Pharmaceuticals guide.At this time, Arrowhead Pharmaceuticals' Tax Provision is relatively stable compared to the past year. As of 05/04/2024, Enterprise Value is likely to grow to about 3.3 B, while Selling General Administrative is likely to drop slightly above 79.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit243.2M228.2M262.5M275.6M
Total Revenue243.2M240.7M276.8M290.7M

Arrowhead Pharmaceuticals fundamental ratios Correlations

0.9-0.680.260.780.870.04-0.920.790.660.930.760.540.240.760.87-0.720.670.950.920.850.530.740.260.360.88
0.9-0.92-0.120.50.990.38-0.880.90.380.970.930.17-0.10.630.72-0.910.70.880.950.970.150.830.240.020.97
-0.68-0.920.42-0.28-0.94-0.520.7-0.91-0.16-0.87-0.970.180.36-0.42-0.50.87-0.5-0.71-0.77-0.940.2-0.84-0.020.28-0.85
0.26-0.120.420.42-0.2-0.72-0.14-0.240.63-0.06-0.350.820.780.260.330.260.160.130.13-0.220.830.010.280.98-0.05
0.780.5-0.280.420.49-0.4-0.630.540.80.630.430.640.370.70.78-0.170.170.80.480.520.640.51-0.140.390.41
0.870.99-0.94-0.20.490.42-0.860.940.330.980.970.07-0.120.610.7-0.890.620.880.910.990.060.820.13-0.070.95
0.040.38-0.52-0.72-0.40.42-0.170.32-0.710.310.46-0.61-0.38-0.17-0.16-0.560.260.060.290.41-0.620.040.12-0.620.42
-0.92-0.880.7-0.14-0.63-0.86-0.17-0.78-0.51-0.89-0.76-0.42-0.09-0.83-0.910.78-0.7-0.94-0.9-0.84-0.41-0.69-0.3-0.23-0.88
0.790.9-0.91-0.240.540.940.32-0.780.360.940.97-0.05-0.140.60.66-0.730.390.860.760.97-0.060.84-0.16-0.170.81
0.660.38-0.160.630.80.33-0.71-0.510.360.430.240.750.330.650.71-0.130.270.620.440.330.760.560.060.630.32
0.930.97-0.87-0.060.630.980.31-0.890.940.430.940.20.040.660.76-0.820.580.930.920.980.190.810.090.050.93
0.760.93-0.97-0.350.430.970.46-0.760.970.240.94-0.13-0.210.520.59-0.810.430.810.790.99-0.140.83-0.09-0.250.85
0.540.170.180.820.640.07-0.61-0.42-0.050.750.2-0.130.530.510.59-0.060.460.40.380.021.00.110.510.840.23
0.24-0.10.360.780.37-0.12-0.38-0.09-0.140.330.04-0.210.530.120.140.25-0.040.130.12-0.10.55-0.140.030.74-0.02
0.760.63-0.420.260.70.61-0.17-0.830.60.650.660.520.510.120.93-0.450.490.850.640.60.510.550.160.280.6
0.870.72-0.50.330.780.7-0.16-0.910.660.710.760.590.590.140.93-0.520.570.920.750.680.590.660.210.380.69
-0.72-0.910.870.26-0.17-0.89-0.560.78-0.73-0.13-0.82-0.81-0.060.25-0.45-0.52-0.82-0.66-0.9-0.84-0.04-0.64-0.470.09-0.95
0.670.7-0.50.160.170.620.26-0.70.390.270.580.430.46-0.040.490.57-0.820.530.840.520.440.410.840.320.81
0.950.88-0.710.130.80.880.06-0.940.860.620.930.810.40.130.850.92-0.660.530.840.880.40.760.070.20.82
0.920.95-0.770.130.480.910.29-0.90.760.440.920.790.380.120.640.75-0.90.840.840.860.370.720.460.270.98
0.850.97-0.94-0.220.520.990.41-0.840.970.330.980.990.02-0.10.60.68-0.840.520.880.860.010.830.01-0.110.91
0.530.150.20.830.640.06-0.62-0.41-0.060.760.19-0.141.00.550.510.59-0.040.440.40.370.010.110.50.850.22
0.740.83-0.840.010.510.820.04-0.690.840.560.810.830.11-0.140.550.66-0.640.410.760.720.830.11-0.050.120.72
0.260.24-0.020.28-0.140.130.12-0.3-0.160.060.09-0.090.510.030.160.21-0.470.840.070.460.010.5-0.050.420.42
0.360.020.280.980.39-0.07-0.62-0.23-0.170.630.05-0.250.840.740.280.380.090.320.20.27-0.110.850.120.420.1
0.880.97-0.85-0.050.410.950.42-0.880.810.320.930.850.23-0.020.60.69-0.950.810.820.980.910.220.720.420.1
Click cells to compare fundamentals

Arrowhead Pharmaceuticals Account Relationship Matchups

Arrowhead Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets522.5M710.1M691.9M765.6M880.4M924.4M
Other Current Liab13.5M23.8M(5.6M)(46.4M)(53.4M)(50.7M)
Total Current Liabilities40.7M146.5M74.1M866K995.9K946.1K
Total Stockholder Equity461.8M408.8M106.0M271.3M312.0M327.6M
Property Plant And Equipment Net47.0M66.0M168.6M335.6M385.9M405.2M
Net Debt(122.4M)(158.9M)(26.4M)4.3M3.9M4.0M
Retained Earnings(503.8M)(644.7M)(820.8M)(1.0B)(923.4M)(877.3M)
Accounts Payable6.8M9.5M2.9M35.9M41.2M43.3M
Cash143.6M184.4M108.0M110.9M127.5M133.9M
Non Current Assets Total200.1M325.6M315.5M654.7M752.9M790.5M
Non Currrent Assets Other265.4K272K29.1M361.9M416.2M437.0M
Cash And Short Term Investments315.5M367.8M376.4M110.9M127.5M83.7M
Net Receivables327.4K661.4K845.7K10.3M1.4M0.0
Common Stock Total Equity187.9K194.7K197K198K227.7K239.1K
Common Stock Shares Outstanding100.7M103.7M105.4M106.8M122.8M128.9M
Liabilities And Stockholders Equity522.5M710.1M691.9M765.6M880.4M924.4M
Inventory3.3M4.3M4.4M(21.6M)(19.5M)(18.5M)
Other Current Assets1.8M2.2M20.2M7.1M8.1M8.6M
Other Stockholder Equity965.4M1.1B820.9M1.3B1.5B1.6B
Total Liab60.7M301.3M586.0M478.4M550.1M577.7M
Property Plant And Equipment Gross47.0M88.9M110.3M377.5M434.1M455.8M
Total Current Assets322.4M384.6M376.4M110.9M127.5M85.9M
Accumulated Other Comprehensive Income18.4K(69K)(136K)(3.2M)(2.9M)(2.8M)
Short Term Debt1.1M2.3M2.8M10.6M12.1M12.8M
Common Stock194.7K197K106.0M200K230K218.5K
Current Deferred Revenue19.3M111.1M74.1M866K995.9K946.1K
Non Current Liabilities Total20.0M154.8M511.9M477.5M549.2M576.6M
Property Plant Equipment30.9M48.7M110.3M335.6M385.9M405.2M
Other Assets68.9M96.8M218K210K241.5K229.4K
Short Term Investments171.9M183.4M268.4M292.7M336.6M353.5M
Intangible Assets15.4M13.7M12.0M10.3M11.8M10.2M
Other Liab8.7M41.4M190.3M56.0M64.3M67.6M
Net Tangible Assets446.4M395.2M398.5M261.1M300.2M202.9M

Pair Trading with Arrowhead Pharmaceuticals

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 Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arrowhead Stock

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Moving against Arrowhead Stock

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The ability to find closely correlated positions to Arrowhead Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals - 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 Arrowhead Pharmaceuticals to buy it.
The correlation of Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals is a strong investment it is important to analyze Arrowhead Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arrowhead Pharmaceuticals' future performance. For an informed investment choice regarding Arrowhead Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrowhead Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Arrowhead Stock, please use our How to Invest in Arrowhead Pharmaceuticals guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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Is Arrowhead Pharmaceuticals' 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 Arrowhead Pharmaceuticals. If investors know Arrowhead 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 Arrowhead Pharmaceuticals 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
0.098
Earnings Share
(2.77)
Revenue Per Share
1.697
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.25)
The market value of Arrowhead Pharmaceuticals is measured differently than its book value, which is the value of Arrowhead that is recorded on the company's balance sheet. Investors also form their own opinion of Arrowhead Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Arrowhead Pharmaceuticals' 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 Arrowhead Pharmaceuticals' market value can be influenced by many factors that don't directly affect Arrowhead Pharmaceuticals' 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 Arrowhead Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrowhead Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrowhead Pharmaceuticals' 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.