ARC Other Current Assets vs Non Current Assets Total Analysis

ARX Stock  CAD 25.64  0.45  1.79%   
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 Other Current Assets and its Non Current Assets Total 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.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARC Resources Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ARC Resources' Other Current Assets and Non Current Assets Total is -0.11. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total 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' Other Current Assets and Non Current Assets Total 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 Current Assets of ARC Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., ARC Resources' Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 30th 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 Revenue2.9B5.1B3.8B4.0B
EBITDA3.1B5.4B6.2B6.5B

ARC Resources fundamental ratios Correlations

0.960.40.870.990.990.620.460.89-0.371.0-0.2-0.320.910.980.98-0.330.990.920.72-0.050.350.120.650.660.83
0.960.540.880.920.950.780.320.83-0.590.96-0.18-0.50.880.940.97-0.240.980.920.67-0.080.340.070.560.630.87
0.40.540.720.320.380.84-0.30.5-0.640.38-0.06-0.50.570.510.39-0.010.510.640.460.120.210.140.10.290.58
0.870.880.720.830.880.780.310.95-0.550.87-0.35-0.490.980.90.82-0.10.910.990.64-0.160.31-0.030.380.480.82
0.990.920.320.830.980.530.520.87-0.280.99-0.2-0.240.880.960.97-0.340.970.880.72-0.040.330.130.660.660.8
0.990.950.380.880.980.630.480.9-0.431.0-0.3-0.40.920.970.97-0.270.980.930.63-0.170.380.010.610.620.83
0.620.780.840.780.530.63-0.150.61-0.850.63-0.16-0.750.680.680.65-0.160.720.780.35-0.160.35-0.060.340.390.73
0.460.32-0.30.310.520.48-0.150.550.090.47-0.360.030.470.290.380.140.370.330.25-0.27-0.35-0.170.04-0.10.15
0.890.830.50.950.870.90.610.55-0.40.89-0.39-0.380.980.880.81-0.110.890.960.59-0.260.18-0.120.380.380.74
-0.37-0.59-0.64-0.55-0.28-0.43-0.850.09-0.4-0.40.410.93-0.48-0.39-0.42-0.17-0.48-0.550.020.43-0.260.320.0-0.06-0.48
1.00.960.380.870.991.00.630.470.89-0.4-0.24-0.370.910.970.98-0.320.990.920.66-0.110.370.070.640.640.82
-0.2-0.18-0.06-0.35-0.2-0.3-0.16-0.36-0.390.41-0.240.44-0.4-0.19-0.12-0.34-0.2-0.330.20.78-0.260.610.150.18-0.17
-0.32-0.5-0.5-0.49-0.24-0.4-0.750.03-0.380.93-0.370.44-0.43-0.33-0.36-0.18-0.42-0.510.210.51-0.280.380.040.03-0.4
0.910.880.570.980.880.920.680.470.98-0.480.91-0.4-0.430.910.85-0.050.920.980.63-0.240.27-0.110.370.470.81
0.980.940.510.90.960.970.680.290.88-0.390.97-0.19-0.330.910.96-0.350.980.940.71-0.040.470.110.660.720.87
0.980.970.390.820.970.970.650.380.81-0.420.98-0.12-0.360.850.96-0.380.980.870.69-0.020.370.150.690.690.83
-0.33-0.24-0.01-0.1-0.34-0.27-0.160.14-0.11-0.17-0.32-0.34-0.18-0.05-0.35-0.38-0.31-0.15-0.24-0.27-0.16-0.43-0.84-0.33-0.09
0.990.980.510.910.970.980.720.370.89-0.480.99-0.2-0.420.920.980.98-0.310.950.7-0.070.360.10.620.650.86
0.920.920.640.990.880.930.780.330.96-0.550.92-0.33-0.510.980.940.87-0.150.950.6-0.210.36-0.080.450.530.85
0.720.670.460.640.720.630.350.250.590.020.660.20.210.630.710.69-0.240.70.60.50.060.490.460.660.66
-0.05-0.080.12-0.16-0.04-0.17-0.16-0.27-0.260.43-0.110.780.51-0.24-0.04-0.02-0.27-0.07-0.210.5-0.130.880.180.34-0.02
0.350.340.210.310.330.380.35-0.350.18-0.260.37-0.26-0.280.270.470.37-0.160.360.360.06-0.13-0.050.450.690.54
0.120.070.14-0.030.130.01-0.06-0.17-0.120.320.070.610.38-0.110.110.15-0.430.1-0.080.490.88-0.050.370.40.08
0.650.560.10.380.660.610.340.040.380.00.640.150.040.370.660.69-0.840.620.450.460.180.450.370.690.55
0.660.630.290.480.660.620.39-0.10.38-0.060.640.180.030.470.720.69-0.330.650.530.660.340.690.40.690.8
0.830.870.580.820.80.830.730.150.74-0.480.82-0.17-0.40.810.870.83-0.090.860.850.66-0.020.540.080.550.8
Click cells to compare fundamentals

ARC Resources Account Relationship Matchups

ARC Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B5.0B11.4B11.6B12.4B13.0B
Short Long Term Debt Total923.8M751.1M2.6B1.8B2.1B2.2B
Other Current Liab49.3M80.7M640.3M432.4M3.6M3.4M
Total Current Liabilities365M367.7M1.5B1.7B981.6M1.0B
Total Stockholder Equity3.4B2.8B5.9B6.7B7.4B7.8B
Property Plant And Equipment Net5.3B4.5B10.4B10.4B11.2B11.7B
Net Debt915.3M750.7M3.4B1.7B1.1B797.7M
Retained Earnings(1.3B)(1.9B)(1.3B)139.1M1.1B1.2B
Accounts Payable150.5M125M761.5M1.2B753.3M791.0M
Cash8.5M400K(869.3M)57.1M1.1M1.0M
Non Current Assets Total5.6B4.8B10.7B10.6B11.5B12.1B
Non Currrent Assets Other148.4M142.1M4.2M13.3M15.3M14.5M
Cash And Short Term Investments8.5M400K(869.3M)57.1M51.4M26.6M
Net Receivables124.4M145.9M672M863.2M583M612.2M
Common Stock Shares Outstanding353.4M353.4M627.3M663.1M596.9M626.7M
Liabilities And Stockholders Equity5.8B5.0B11.4B11.6B13.4B14.0B
Non Current Liabilities Total2.0B1.8B3.9B3.3B4.0B4.2B
Other Stockholder Equity32.2M36.5M46.3M39.9M35.9M34.1M
Total Liab2.3B2.2B5.5B5.0B5.0B5.2B
Property Plant And Equipment Gross5.3B4.5B15.5B16.8B11.2B11.7B
Total Current Assets193.2M162.3M730M986.5M893.4M938.1M
Accumulated Other Comprehensive Income(4.2B)(5.5B)(2.5M)(23.1M)(20.8M)(21.8M)
Other Current Assets60.2M14.4M35.7M59.5M68.4M91.9M
Short Term Debt165.2M162M109.3M92.4M106.3M72.3M
Common Stock4.7B4.7B7.2B6.5B7.5B5.0B
Other Liab1.2B1.2B1.5B1.6B1.8B1.4B
Net Tangible Assets3.2B2.5B5.7B6.4B7.4B4.1B
Other Assets142.1M4.2M0.013.3M12.0M11.4M
Long Term Debt728.7M555.2M1.7B990M1.1B1.1B
Short Long Term Debt73.9M80.5M148.9M146.7M132.0M151.0M
Property Plant Equipment5.3B4.5B10.4B10.4B11.9B6.7B
Long Term Debt Total758.6M589.1M2.5B1.7B1.9B1.3B
Capital Surpluse32.2M36.5M46.3M39.9M45.9M32.2M
Cash And Equivalents8.5M400K0.057.1M51.4M87.8M

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Please note, there is a significant difference between ARC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if ARC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARC Resources' 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.