ARC Net Debt vs Net Receivables Analysis
ARX Stock | CAD 25.75 0.31 1.22% |
ARC Resources financial indicator trend analysis is way more than just evaluating ARC Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ARC Resources is a good investment. Please check the relationship between ARC Resources Net Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARC Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Net Debt vs Net Receivables
Net Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARC Resources Net Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between ARC Resources' Net Debt and Net Receivables is 0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ARC Resources, assuming nothing else is changed. The correlation between historical values of ARC Resources' Net Debt and Net Receivables 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 Debt of ARC Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., ARC Resources' Net Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Receivables
Most indicators from ARC Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ARC Resources 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 ARC Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. As of the 19th of May 2024, Selling General Administrative is likely to grow to about 222.8 M. Also, Tax Provision is likely to grow to about 483.8 M
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.9B | 5.1B | 3.8B | 4.0B | EBITDA | 3.1B | 5.4B | 6.2B | 6.5B |
ARC Resources fundamental ratios Correlations
Click cells to compare fundamentals
ARC Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ARC Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 5.0B | 11.4B | 11.6B | 12.4B | 13.0B | |
Short Long Term Debt Total | 923.8M | 751.1M | 2.6B | 1.8B | 2.1B | 2.2B | |
Other Current Liab | 49.3M | 80.7M | 640.3M | 432.4M | 3.6M | 3.4M | |
Total Current Liabilities | 365M | 367.7M | 1.5B | 1.7B | 981.6M | 1.0B | |
Total Stockholder Equity | 3.4B | 2.8B | 5.9B | 6.7B | 7.4B | 7.8B | |
Property Plant And Equipment Net | 5.3B | 4.5B | 10.4B | 10.4B | 11.2B | 11.7B | |
Net Debt | 915.3M | 750.7M | 3.4B | 1.7B | 1.1B | 797.7M | |
Retained Earnings | (1.3B) | (1.9B) | (1.3B) | 139.1M | 1.1B | 1.2B | |
Accounts Payable | 150.5M | 125M | 761.5M | 1.2B | 753.3M | 791.0M | |
Cash | 8.5M | 400K | (869.3M) | 57.1M | 1.1M | 1.0M | |
Non Current Assets Total | 5.6B | 4.8B | 10.7B | 10.6B | 11.5B | 12.1B | |
Non Currrent Assets Other | 148.4M | 142.1M | 4.2M | 13.3M | 15.3M | 14.5M | |
Cash And Short Term Investments | 8.5M | 400K | (869.3M) | 57.1M | 51.4M | 26.6M | |
Net Receivables | 124.4M | 145.9M | 672M | 863.2M | 583M | 612.2M | |
Common Stock Shares Outstanding | 353.4M | 353.4M | 627.3M | 663.1M | 596.9M | 626.7M | |
Liabilities And Stockholders Equity | 5.8B | 5.0B | 11.4B | 11.6B | 13.4B | 14.0B | |
Non Current Liabilities Total | 2.0B | 1.8B | 3.9B | 3.3B | 4.0B | 4.2B | |
Other Stockholder Equity | 32.2M | 36.5M | 46.3M | 39.9M | 35.9M | 34.1M | |
Total Liab | 2.3B | 2.2B | 5.5B | 5.0B | 5.0B | 5.2B | |
Property Plant And Equipment Gross | 5.3B | 4.5B | 15.5B | 16.8B | 11.2B | 11.7B | |
Total Current Assets | 193.2M | 162.3M | 730M | 986.5M | 893.4M | 938.1M | |
Accumulated Other Comprehensive Income | (4.2B) | (5.5B) | (2.5M) | (23.1M) | (20.8M) | (21.8M) | |
Other Current Assets | 60.2M | 14.4M | 35.7M | 59.5M | 68.4M | 91.9M | |
Short Term Debt | 165.2M | 162M | 109.3M | 92.4M | 106.3M | 72.3M | |
Common Stock | 4.7B | 4.7B | 7.2B | 6.5B | 7.5B | 5.0B | |
Other Liab | 1.2B | 1.2B | 1.5B | 1.6B | 1.8B | 1.4B | |
Net Tangible Assets | 3.2B | 2.5B | 5.7B | 6.4B | 7.4B | 4.1B | |
Other Assets | 142.1M | 4.2M | 0.0 | 13.3M | 12.0M | 11.4M | |
Long Term Debt | 728.7M | 555.2M | 1.7B | 990M | 1.1B | 1.1B | |
Short Long Term Debt | 73.9M | 80.5M | 148.9M | 146.7M | 132.0M | 151.0M | |
Property Plant Equipment | 5.3B | 4.5B | 10.4B | 10.4B | 11.9B | 6.7B | |
Long Term Debt Total | 758.6M | 589.1M | 2.5B | 1.7B | 1.9B | 1.3B | |
Capital Surpluse | 32.2M | 36.5M | 46.3M | 39.9M | 45.9M | 32.2M | |
Cash And Equivalents | 8.5M | 400K | 0.0 | 57.1M | 51.4M | 87.8M |
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