Arrow Total Assets vs Other Current Liab Analysis
ARW Stock | USD 131.31 0.76 0.58% |
Arrow Electronics financial indicator trend analysis is way more than just evaluating Arrow Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Electronics is a good investment. Please check the relationship between Arrow Electronics Total Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.
Total Assets vs Other Current Liab
Total Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Electronics Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arrow Electronics' Total Assets and Other Current Liab is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Arrow Electronics, assuming nothing else is changed. The correlation between historical values of Arrow Electronics' Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Arrow Electronics are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Arrow Electronics' Total Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Arrow Electronics 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 Arrow Electronics 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.Other Current Liab
Most indicators from Arrow Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow Electronics 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 Arrow Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.At this time, Arrow Electronics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 8.91 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.2B | 4.8B | 4.1B | 4.4B | Total Revenue | 34.5B | 37.1B | 33.1B | 34.8B |
Arrow Electronics fundamental ratios Correlations
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Arrow Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arrow Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.4B | 17.1B | 19.5B | 21.8B | 21.7B | 22.8B | |
Short Long Term Debt Total | 3.0B | 2.3B | 2.6B | 3.8B | 3.8B | 4.0B | |
Other Current Liab | 880.5M | 1.0B | 1.3B | 1.3B | 1.5B | 1.5B | |
Total Current Liabilities | 8.3B | 9.1B | 11.3B | 12.4B | 13.2B | 13.8B | |
Total Stockholder Equity | 4.8B | 5.1B | 5.3B | 5.5B | 5.8B | 6.1B | |
Property Plant And Equipment Net | 803.1M | 799.6M | 682.8M | 596.5M | 530.7M | 389.3M | |
Net Debt | 2.7B | 1.9B | 2.4B | 3.6B | 3.6B | 3.8B | |
Retained Earnings | 6.1B | 6.7B | 7.8B | 9.2B | 5.8B | 6.1B | |
Cash | 300.1M | 373.6M | 222.2M | 176.9M | 218.1M | 334.7M | |
Non Current Assets Total | 3.9B | 3.9B | 3.6B | 3.4B | 3.4B | 2.1B | |
Non Currrent Assets Other | 651.4M | 675.8M | 620.3M | 574.5M | 627.3M | 348.2M | |
Cash And Short Term Investments | 300.1M | 373.6M | 222.2M | 176.9M | 218.1M | 339.1M | |
Net Receivables | 8.5B | 9.2B | 11.1B | 12.3B | 12.2B | 12.8B | |
Common Stock Shares Outstanding | 83.6M | 78.6M | 73.4M | 65.5M | 57.0M | 92.4M | |
Liabilities And Stockholders Equity | 16.4B | 17.1B | 19.5B | 21.8B | 21.7B | 22.8B | |
Non Current Liabilities Total | 3.3B | 2.8B | 2.9B | 3.8B | 2.7B | 1.8B | |
Inventory | 3.5B | 3.3B | 4.2B | 5.3B | 5.2B | 5.4B | |
Other Current Assets | 266.2M | 286.6M | 345.2M | 521.3M | 684.1M | 718.3M | |
Other Stockholder Equity | (1.2B) | (1.6B) | (2.4B) | (3.4B) | 255.6M | 268.4M | |
Total Liab | 11.5B | 11.9B | 14.2B | 16.2B | 15.8B | 16.6B | |
Property Plant And Equipment Gross | 803.1M | 799.6M | 682.8M | 596.5M | 1.8B | 1.9B | |
Total Current Assets | 12.5B | 13.2B | 15.9B | 18.3B | 18.3B | 19.2B | |
Accumulated Other Comprehensive Income | (262.2M) | (104.9M) | (191.7M) | (365.3M) | (298.0M) | (283.1M) | |
Short Term Debt | 331.4M | 158.6M | 382.6M | 589.9M | 1.7B | 1.7B | |
Intangible Assets | 271.9M | 233.8M | 195.0M | 159.1M | 127.4M | 121.1M | |
Accounts Payable | 7.0B | 7.9B | 9.6B | 10.5B | 10.1B | 10.6B | |
Good Will | 2.1B | 2.1B | 2.1B | 2.0B | 2.1B | 1.6B | |
Other Liab | 372.9M | 676.1M | 624.2M | 352.2M | 405.0M | 336.6M | |
Other Assets | 328.7M | 752.1M | 620.3M | 574.5M | 660.7M | 371.7M | |
Long Term Debt | 2.6B | 2.1B | 2.2B | 3.2B | 2.2B | 2.3B | |
Treasury Stock | (2.3B) | (2.8B) | (3.6B) | (4.6B) | (4.2B) | (4.0B) | |
Property Plant Equipment | 803.1M | 799.6M | 682.8M | 596.5M | 685.9M | 580.0M | |
Net Tangible Assets | 4.8B | 5.1B | 3.0B | 5.5B | 6.4B | 4.8B | |
Noncontrolling Interest In Consolidated Entity | 54.5M | 59.6M | 58.6M | 65.0M | 74.7M | 39.1M | |
Retained Earnings Total Equity | 6.1B | 6.7B | 7.8B | 9.2B | 10.6B | 5.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Arrow Electronics is a strong investment it is important to analyze Arrow Electronics' 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 Arrow Electronics' future performance. For an informed investment choice regarding Arrow Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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Is Arrow Electronics' 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 Arrow Electronics. If investors know Arrow 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 Arrow Electronics 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 (0.67) | Earnings Share 12.77 | Revenue Per Share 566.537 | Quarterly Revenue Growth (0.21) | Return On Assets 0.0429 |
The market value of Arrow Electronics is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow Electronics' value that differs from its market value or its book value, called intrinsic value, which is Arrow Electronics' 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 Arrow Electronics' market value can be influenced by many factors that don't directly affect Arrow Electronics' 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 Arrow Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow Electronics' 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.