AAR Short Long Term Debt Total vs Non Currrent Assets Other Analysis

AIR Stock  USD 66.96  0.59  0.87%   
AAR Corp financial indicator trend analysis is way more than just evaluating AAR Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAR Corp is a good investment. Please check the relationship between AAR Corp Short Long Term Debt Total and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.

Short Long Term Debt Total vs Non Currrent Assets Other

Short Long Term Debt Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAR Corp Short Long Term Debt Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between AAR Corp's Short Long Term Debt Total and Non Currrent Assets Other is 0.76. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of AAR Corp, assuming nothing else is changed. The correlation between historical values of AAR Corp's Short Long Term Debt Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of AAR Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Long Term Debt Total i.e., AAR Corp's Short Long Term Debt Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from AAR Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAR 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 AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.At this time, AAR Corp's Selling General Administrative is relatively stable compared to the past year. As of 06/08/2024, Discontinued Operations is likely to grow to about 378 K, while Enterprise Value Over EBITDA is likely to drop 8.27.
 2021 2022 2023 2024 (projected)
Gross Profit313.2M370.1M425.6M446.9M
Total Revenue1.8B2.0B2.3B1.2B

AAR Corp fundamental ratios Correlations

0.750.070.830.610.820.690.440.430.920.750.430.60.880.790.610.40.760.90.570.920.310.540.840.010.87
0.75-0.120.310.220.830.930.020.550.820.760.550.350.60.990.250.590.820.950.460.570.420.730.46-0.040.8
0.07-0.120.210.49-0.22-0.270.580.28-0.14-0.40.280.440.0-0.170.61-0.4-0.24-0.10.270.26-0.63-0.230.02-0.36-0.11
0.830.310.210.670.480.210.610.340.60.390.340.530.770.360.720.190.380.550.360.930.170.050.90.20.52
0.610.220.490.670.330.20.970.130.460.280.130.930.710.230.950.060.320.370.720.65-0.10.150.59-0.060.47
0.820.83-0.220.480.330.870.10.230.930.890.230.450.820.880.260.60.920.90.620.580.250.760.570.00.9
0.690.93-0.270.210.20.87-0.030.190.880.880.190.40.630.930.130.670.90.880.530.390.410.870.39-0.130.89
0.440.020.580.610.970.1-0.030.110.240.040.110.860.540.020.94-0.080.060.160.620.57-0.22-0.070.50.00.25
0.430.550.280.340.130.230.190.110.170.041.00.030.150.50.370.050.120.530.020.610.21-0.020.330.180.1
0.920.82-0.140.60.460.930.880.240.170.920.170.560.860.860.380.530.920.910.620.680.330.790.68-0.120.99
0.750.76-0.40.390.280.890.880.040.040.920.040.360.740.830.150.550.950.830.480.460.490.860.55-0.10.91
0.430.550.280.340.130.230.190.111.00.170.040.030.150.50.370.050.120.530.020.610.21-0.020.330.180.1
0.60.350.440.530.930.450.40.860.030.560.360.030.730.360.850.240.420.440.870.54-0.160.330.51-0.080.59
0.880.60.00.770.710.820.630.540.150.860.740.150.730.660.640.490.770.770.680.760.270.510.760.090.84
0.790.99-0.170.360.230.880.930.020.50.860.830.50.360.660.250.580.870.980.470.590.460.770.51-0.010.84
0.610.250.610.720.950.260.130.940.370.380.150.370.850.640.250.050.230.390.60.74-0.10.010.630.050.35
0.40.59-0.40.190.060.60.67-0.080.050.530.550.050.240.490.580.050.560.560.260.20.410.30.410.210.52
0.760.82-0.240.380.320.920.90.060.120.920.950.120.420.770.870.230.560.860.510.470.420.860.5-0.160.91
0.90.95-0.10.550.370.90.880.160.530.910.830.530.440.770.980.390.560.860.510.740.450.70.670.040.87
0.570.460.270.360.720.620.530.620.020.620.480.020.870.680.470.60.260.510.510.43-0.270.530.37-0.20.66
0.920.570.260.930.650.580.390.570.610.680.460.610.540.760.590.740.20.470.740.430.230.210.860.130.61
0.310.42-0.630.17-0.10.250.41-0.220.210.330.490.21-0.160.270.46-0.10.410.420.45-0.270.230.280.350.30.3
0.540.73-0.230.050.150.760.87-0.07-0.020.790.86-0.020.330.510.770.010.30.860.70.530.210.280.19-0.350.84
0.840.460.020.90.590.570.390.50.330.680.550.330.510.760.510.630.410.50.670.370.860.350.190.290.6
0.01-0.04-0.360.2-0.060.0-0.130.00.18-0.12-0.10.18-0.080.09-0.010.050.21-0.160.04-0.20.130.3-0.350.29-0.2
0.870.8-0.110.520.470.90.890.250.10.990.910.10.590.840.840.350.520.910.870.660.610.30.840.6-0.2
Click cells to compare fundamentals

AAR Corp Account Relationship Matchups

AAR Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B1.5B1.6B1.8B2.1B1.1B
Short Long Term Debt Total670.9M193.6M156.3M317.9M365.6M279.0M
Other Current Liab191.5M209.6M160.2M193M222.0M233.0M
Total Current Liabilities383.1M336.8M348.2M351.5M404.2M224.5M
Total Stockholder Equity902.6M974.4M1.0B1.1B1.3B1.3B
Property Plant And Equipment Net225.4M195.8M182.6M189.8M218.3M148.9M
Net Debt266.2M141.8M102.8M249.5M286.9M225.0M
Retained Earnings706M741.7M820.4M910.6M1.0B1.1B
Cash404.7M51.8M53.5M68.4M78.7M54.0M
Non Current Assets Total640.3M602.7M566.7M735.2M845.5M439.9M
Non Currrent Assets Other293.2M283.1M205.9M305.9M351.8M247.9M
Cash And Short Term Investments404.7M51.8M53.5M68.4M78.7M54.0M
Net Receivables221.2M238.6M287.6M328.2M377.4M396.3M
Common Stock Shares Outstanding35M35.3M36M35.1M40.4M35.3M
Liabilities And Stockholders Equity2.1B1.5B1.6B1.8B2.1B1.1B
Non Current Liabilities Total793.3M228.5M191.2M382.5M439.9M337.3M
Inventory623.1M540.6M550.5M574.1M660.2M693.2M
Other Current Assets146.8M78.1M94M100.3M115.3M169.2M
Other Stockholder Equity195.9M205.7M188.4M166.7M191.7M191.3M
Property Plant And Equipment Gross225.4M195.8M367.9M394.9M454.1M476.8M
Total Current Assets1.4B937M1.0B1.1B1.3B692.8M
Accumulated Other Comprehensive Income(44.6M)(18.3M)(19.6M)(23.5M)(21.2M)(22.2M)
Short Term Debt88M5.4M11.1M19.7M22.7M21.5M
Intangible Assets6M4.5M3.3M63.7M73.3M65.6M
Accounts Payable191.6M127.2M156.4M158.5M182.3M118.9M
Current Deferred Revenue88M5.4M20.5M19.7M22.7M36.2M
Good Will115.7M119.3M116.4M175.8M202.2M104.8M
Other Liab112.1M122.4M34.9M64.6M74.3M53.8M
Other Assets59.6M55.5M55.6M72.3M83.1M91.1M
Long Term Debt600M133.7M98.9M269.7M310.2M320.6M
Treasury Stock(280.7M)(287.7M)(282.7M)(274.1M)(246.7M)(234.4M)
Property Plant Equipment135.7M195.8M109.6M126.1M113.5M164.6M
Net Tangible Assets780.9M825.6M914.8M859.6M988.5M783.6M
Retained Earnings Total Equity706M741.7M820.4M910.6M1.0B756.0M
Long Term Debt Total600M133.7M98.9M269.7M242.7M203.3M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for AAR Stock Analysis

When running AAR Corp's price analysis, check to measure AAR 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 AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR 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 AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.