ARC Ptb Ratio vs Capex To Depreciation 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 Ptb Ratio and its Capex To Depreciation 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.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARC Resources Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between ARC Resources' Ptb Ratio and Capex To Depreciation is 0.08. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation 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' Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of ARC Resources are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., ARC Resources' Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing 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 20th 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

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
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.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for ARC Stock analysis

When running ARC Resources' price analysis, check to measure ARC Resources' 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 ARC Resources is operating at the current time. Most of ARC Resources' value examination focuses on studying past and present price action to predict the probability of ARC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARC Resources' price. Additionally, you may evaluate how the addition of ARC Resources to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Commodity Directory
Find actively traded commodities issued by global exchanges
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
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.