Aurora Other Liab vs Other Stockholder Equity Analysis
AUR Stock | USD 2.77 0.15 5.14% |
Aurora Innovation financial indicator trend analysis is way more than just evaluating Aurora Innovation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Innovation is a good investment. Please check the relationship between Aurora Innovation Other Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.
Other Liab vs Other Stockholder Equity
Other Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aurora Innovation's Other Liab and Other Stockholder Equity is 0.52. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Aurora Innovation, assuming nothing else is changed. The correlation between historical values of Aurora Innovation's Other Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Aurora Innovation are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Liab i.e., Aurora Innovation's Other Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Other Stockholder Equity
Most indicators from Aurora Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Innovation 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 Aurora Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.Aurora Innovation reported last year Tax Provision of (1.85 Million). As of 05/17/2024, Issuance Of Capital Stock is likely to grow to about 877.8 M, while Selling General Administrative is likely to drop slightly above 94.2 M.
2020 | 2021 | 2023 | 2024 (projected) | Interest Income | 3.7M | 525K | 472.5K | 448.9K | Net Interest Income | 3.7M | 525K | 472.5K | 448.9K |
Aurora Innovation fundamental ratios Correlations
Click cells to compare fundamentals
Aurora Innovation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running Aurora Innovation's price analysis, check to measure Aurora Innovation'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 Aurora Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Aurora Innovation'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 Aurora Innovation. If investors know Aurora 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 Aurora Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.91) | Return On Assets (0.26) | Return On Equity (0.44) |
The market value of Aurora Innovation is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Innovation's value that differs from its market value or its book value, called intrinsic value, which is Aurora Innovation'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 Aurora Innovation's market value can be influenced by many factors that don't directly affect Aurora Innovation'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 Aurora Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Innovation'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.