Array Total Assets vs Net Debt Analysis

AD Stock

54.91 0.92 1.65%

Array Digital financial indicator trend analysis is way more than just evaluating Array Digital Infras prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Array Digital Infras is a good investment. Please check the relationship between Array Digital Total Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Array Digital Infrastructure,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in banks.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Array Digital Infras Total Assets account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Array Digital's Total Assets and Net Debt is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Array Digital Infrastructure,, assuming nothing else is changed. The correlation between historical values of Array Digital's Total Assets and Net Debt 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 Array Digital Infrastructure, are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Array Digital's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Array Digital 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 Array Digital Infras 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.

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.

Most indicators from Array Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Array Digital Infras 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 Array Digital Infrastructure,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in banks.

At present, Array Digital's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.

	2022	2024	2025 (projected)
Gross Profit	2.2B	2.1B	2.4B
Total Revenue	4.2B	3.8B	3.2B

Gross Profit Total Revenue

Array Digital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue
Total Assets		1.0	-0.79	0.56	0.95	0.89	0.97	0.96	-0.17	-0.03	0.98	0.88	-0.04	0.87	-0.34	0.51	1.0	-0.22	-0.72	0.92	0.99	0.33	0.97	0.96	-0.34	0.73
Short Long Term Debt Total	1.0		-0.8	0.52	0.95	0.88	0.97	0.96	-0.14	0.02	0.98	0.88	0.01	0.88	-0.29	0.47	0.99	-0.27	-0.72	0.91	0.98	0.35	0.98	0.96	-0.29	0.69
Other Current Liab	-0.79	-0.8		0.03	-0.89	-0.57	-0.77	-0.88	0.36	-0.01	-0.78	-0.83	-0.01	-0.88	0.4	-0.62	-0.76	0.66	0.89	-0.9	-0.72	-0.25	-0.8	-0.8	0.41	-0.49
Total Current Liabilities	0.56	0.52	0.03		0.34	0.69	0.57	0.36	0.1	-0.31	0.58	0.3	-0.33	0.24	-0.17	0.08	0.58	0.61	-0.01	0.28	0.64	0.02	0.46	0.52	-0.17	0.61
Total Stockholder Equity	0.95	0.95	-0.89	0.34		0.77	0.91	1.0	-0.21	0.05	0.92	0.95	0.04	0.95	-0.41	0.66	0.92	-0.43	-0.83	0.99	0.9	0.42	0.94	0.92	-0.41	0.67
Property Plant And Equipment Net	0.89	0.88	-0.57	0.69	0.77		0.89	0.78	-0.1	-0.14	0.88	0.64	-0.16	0.63	-0.32	0.39	0.9	0.08	-0.39	0.72	0.91	0.24	0.89	0.8	-0.32	0.63
Net Debt	0.97	0.97	-0.77	0.57	0.91	0.89		0.91	-0.25	-0.21	0.99	0.85	-0.22	0.83	-0.29	0.42	0.97	-0.13	-0.69	0.87	0.97	0.13	0.97	0.98	-0.29	0.73
Retained Earnings	0.96	0.96	-0.88	0.36	1.0	0.78	0.91		-0.19	0.06	0.93	0.94	0.06	0.95	-0.37	0.63	0.94	-0.42	-0.82	0.98	0.92	0.43	0.95	0.92	-0.37	0.66
Accounts Payable	-0.17	-0.14	0.36	0.1	-0.21	-0.1	-0.25	-0.19		0.52	-0.27	-0.11	0.52	-0.06	0.6	-0.35	-0.17	0.06	0.4	-0.28	-0.15	0.5	-0.2	-0.32	0.6	-0.59
Cash	-0.03	0.02	-0.01	-0.31	0.05	-0.14	-0.21	0.06	0.52		-0.18	0.03	1.0	0.07	0.26	-0.04	-0.03	-0.54	-0.01	0.01	-0.06	0.83	-0.05	-0.2	0.26	-0.35
Non Current Assets Total	0.98	0.98	-0.78	0.58	0.92	0.88	0.99	0.93	-0.27	-0.18		0.85	-0.19	0.83	-0.34	0.46	0.99	-0.15	-0.71	0.89	0.98	0.16	0.96	0.99	-0.35	0.77
Non Currrent Assets Other	0.88	0.88	-0.83	0.3	0.95	0.64	0.85	0.94	-0.11	0.03	0.85		0.03	0.94	-0.27	0.56	0.84	-0.4	-0.77	0.95	0.82	0.38	0.87	0.86	-0.27	0.59
Cash And Short Term Investments	-0.04	0.01	-0.01	-0.33	0.04	-0.16	-0.22	0.06	0.52	1.0	-0.19	0.03		0.07	0.27	-0.04	-0.04	-0.56	-0.02	0.0	-0.07	0.83	-0.06	-0.2	0.27	-0.36
Net Receivables	0.87	0.88	-0.88	0.24	0.95	0.63	0.83	0.95	-0.06	0.07	0.83	0.94	0.07		-0.27	0.62	0.83	-0.53	-0.86	0.94	0.81	0.42	0.86	0.85	-0.28	0.51
Good Will	-0.34	-0.29	0.4	-0.17	-0.41	-0.32	-0.29	-0.37	0.6	0.26	-0.34	-0.27	0.27	-0.27		-0.79	-0.31	0.08	0.42	-0.49	-0.3	-0.08	-0.29	-0.32	1.0	-0.71
Common Stock Shares Outstanding	0.51	0.47	-0.62	0.08	0.66	0.39	0.42	0.63	-0.35	-0.04	0.46	0.56	-0.04	0.62	-0.79		0.44	-0.37	-0.63	0.71	0.43	0.39	0.47	0.44	-0.79	0.58
Non Current Liabilities Total	1.0	0.99	-0.76	0.58	0.92	0.9	0.97	0.94	-0.17	-0.03	0.99	0.84	-0.04	0.83	-0.31	0.44		-0.19	-0.69	0.88	1.0	0.3	0.96	0.96	-0.31	0.72
Inventory	-0.22	-0.27	0.66	0.61	-0.43	0.08	-0.13	-0.42	0.06	-0.54	-0.15	-0.4	-0.56	-0.53	0.08	-0.37	-0.19		0.68	-0.45	-0.13	-0.46	-0.25	-0.21	0.08	0.08
Other Current Assets	-0.72	-0.72	0.89	-0.01	-0.83	-0.39	-0.69	-0.82	0.4	-0.01	-0.71	-0.77	-0.02	-0.86	0.42	-0.63	-0.69	0.68		-0.84	-0.65	-0.21	-0.69	-0.78	0.42	-0.59
Other Stockholder Equity	0.92	0.91	-0.9	0.28	0.99	0.72	0.87	0.98	-0.28	0.01	0.89	0.95	0.0	0.94	-0.49	0.71	0.88	-0.45	-0.84		0.86	0.39	0.92	0.89	-0.49	0.69
Total Liab	0.99	0.98	-0.72	0.64	0.9	0.91	0.97	0.92	-0.15	-0.06	0.98	0.82	-0.07	0.81	-0.3	0.43	1.0	-0.13	-0.65	0.86		0.29	0.95	0.96	-0.31	0.74
Total Current Assets	0.33	0.35	-0.25	0.02	0.42	0.24	0.13	0.43	0.5	0.83	0.16	0.38	0.83	0.42	-0.08	0.39	0.3	-0.46	-0.21	0.39	0.29		0.28	0.11	-0.08	-0.01
Short Term Debt	0.97	0.98	-0.8	0.46	0.94	0.89	0.97	0.95	-0.2	-0.05	0.96	0.87	-0.06	0.86	-0.29	0.47	0.96	-0.25	-0.69	0.92	0.95	0.28		0.93	-0.3	0.66
Intangible Assets	0.96	0.96	-0.8	0.52	0.92	0.8	0.98	0.92	-0.32	-0.2	0.99	0.86	-0.2	0.85	-0.32	0.44	0.96	-0.21	-0.78	0.89	0.96	0.11	0.93		-0.33	0.77
Common Stock	-0.34	-0.29	0.41	-0.17	-0.41	-0.32	-0.29	-0.37	0.6	0.26	-0.35	-0.27	0.27	-0.28	1.0	-0.79	-0.31	0.08	0.42	-0.49	-0.31	-0.08	-0.3	-0.33		-0.71
Current Deferred Revenue	0.73	0.69	-0.49	0.61	0.67	0.63	0.73	0.66	-0.59	-0.35	0.77	0.59	-0.36	0.51	-0.71	0.58	0.72	0.08	-0.59	0.69	0.74	-0.01	0.66	0.77	-0.71

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Array Digital Account Relationship Matchups

Array Digital fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.7B	10.3B	11.1B	10.8B	10.4B	9.5B
Short Long Term Debt Total	3.5B	3.7B	4.2B	4.0B	3.8B	2.9B
Other Current Liab	367M	201M	431M	244M	221M	288.1M
Total Current Liabilities	872M	903M	1.2B	901M	884M	927.4M
Total Stockholder Equity	4.4B	4.5B	4.6B	4.6B	4.6B	4.5B
Property Plant And Equipment Net	3.4B	3.6B	3.5B	3.5B	3.4B	3.3B
Net Debt	2.2B	3.6B	3.9B	3.9B	3.7B	2.5B
Retained Earnings	2.7B	2.8B	2.9B	2.9B	2.8B	2.8B
Accounts Payable	387M	346M	344M	241M	232M	247.2M
Cash	1.3B	156M	273M	150M	144M	136.8M
Non Current Assets Total	7.1B	8.7B	9.4B	9.4B	9.1B	7.7B
Non Currrent Assets Other	602M	644M	712M	705M	643M	573.3M
Cash And Short Term Investments	1.3B	156M	273M	150M	144M	136.8M
Net Receivables	928M	1.2B	1.1B	958M	955M	956.0M
Liabilities And Stockholders Equity	9.7B	10.3B	11.1B	10.8B	10.4B	9.5B
Non Current Liabilities Total	4.4B	4.9B	5.3B	5.2B	5.0B	4.1B
Inventory	146M	173M	261M	199M	179M	195.4M
Other Current Assets	277M	107M	113M	93M	67M	63.7M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.6B	1.7B	1.7B
Total Liab	5.2B	5.8B	6.5B	6.1B	5.8B	5.0B
Total Current Assets	2.6B	1.6B	1.7B	1.4B	1.3B	1.8B
Short Term Debt	118M	132M	146M	155M	163M	88.6M
Intangible Assets	2.6B	4.1B	4.7B	4.7B	4.6B	3.3B

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Is Wireless Telecommunication Services space 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 Array Digital. If investors know Array 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 Array Digital 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

0.821

Earnings Share

(0.29)

Revenue Per Share

43.275

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0068

The market value of Array Digital Infras is measured differently than its book value, which is the value of Array that is recorded on the company's balance sheet. Investors also form their own opinion of Array Digital's value that differs from its market value or its book value, called intrinsic value, which is Array Digital's 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 Array Digital's market value can be influenced by many factors that don't directly affect Array Digital's 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 Array Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Array Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Array Digital's 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.

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Array Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

Array Digital fundamental ratios Correlations

Array Digital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Array Digital fundamental ratios Accounts

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COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Good Will
Total Liab	+ 1.0	Non Current Liabilities Total

Other Stockholder Equity	- 0.9	Other Current Liab
Total Stockholder Equity	- 0.89	Other Current Liab
Net Receivables	- 0.88	Other Current Liab
Retained Earnings	- 0.88	Other Current Liab
Other Current Assets	- 0.86	Net Receivables
Other Stockholder Equity	- 0.84	Other Current Assets