Array Total Assets vs Net Working Capital 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 Working Capital 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 Working Capital

Total Assets vs Net Working Capital 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 Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Array Digital's Total Assets and Net Working Capital is -0.72. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Working Capital 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 Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Array Digital's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

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 Working Capital

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 Profit2.2B2.1B2.4B
Total Revenue4.2B3.8B3.2B

Array Digital fundamental ratios Correlations

1.0-0.790.560.950.890.970.96-0.17-0.030.980.88-0.040.87-0.340.511.0-0.22-0.720.920.990.330.970.96-0.340.73
1.0-0.80.520.950.880.970.96-0.140.020.980.880.010.88-0.290.470.99-0.27-0.720.910.980.350.980.96-0.290.69
-0.79-0.80.03-0.89-0.57-0.77-0.880.36-0.01-0.78-0.83-0.01-0.880.4-0.62-0.760.660.89-0.9-0.72-0.25-0.8-0.80.41-0.49
0.560.520.030.340.690.570.360.1-0.310.580.3-0.330.24-0.170.080.580.61-0.010.280.640.020.460.52-0.170.61
0.950.95-0.890.340.770.911.0-0.210.050.920.950.040.95-0.410.660.92-0.43-0.830.990.90.420.940.92-0.410.67
0.890.88-0.570.690.770.890.78-0.1-0.140.880.64-0.160.63-0.320.390.90.08-0.390.720.910.240.890.8-0.320.63
0.970.97-0.770.570.910.890.91-0.25-0.210.990.85-0.220.83-0.290.420.97-0.13-0.690.870.970.130.970.98-0.290.73
0.960.96-0.880.361.00.780.91-0.190.060.930.940.060.95-0.370.630.94-0.42-0.820.980.920.430.950.92-0.370.66
-0.17-0.140.360.1-0.21-0.1-0.25-0.190.52-0.27-0.110.52-0.060.6-0.35-0.170.060.4-0.28-0.150.5-0.2-0.320.6-0.59
-0.030.02-0.01-0.310.05-0.14-0.210.060.52-0.180.031.00.070.26-0.04-0.03-0.54-0.010.01-0.060.83-0.05-0.20.26-0.35
0.980.98-0.780.580.920.880.990.93-0.27-0.180.85-0.190.83-0.340.460.99-0.15-0.710.890.980.160.960.99-0.350.77
0.880.88-0.830.30.950.640.850.94-0.110.030.850.030.94-0.270.560.84-0.4-0.770.950.820.380.870.86-0.270.59
-0.040.01-0.01-0.330.04-0.16-0.220.060.521.0-0.190.030.070.27-0.04-0.04-0.56-0.020.0-0.070.83-0.06-0.20.27-0.36
0.870.88-0.880.240.950.630.830.95-0.060.070.830.940.07-0.270.620.83-0.53-0.860.940.810.420.860.85-0.280.51
-0.34-0.290.4-0.17-0.41-0.32-0.29-0.370.60.26-0.34-0.270.27-0.27-0.79-0.310.080.42-0.49-0.3-0.08-0.29-0.321.0-0.71
0.510.47-0.620.080.660.390.420.63-0.35-0.040.460.56-0.040.62-0.790.44-0.37-0.630.710.430.390.470.44-0.790.58
1.00.99-0.760.580.920.90.970.94-0.17-0.030.990.84-0.040.83-0.310.44-0.19-0.690.881.00.30.960.96-0.310.72
-0.22-0.270.660.61-0.430.08-0.13-0.420.06-0.54-0.15-0.4-0.56-0.530.08-0.37-0.190.68-0.45-0.13-0.46-0.25-0.210.080.08
-0.72-0.720.89-0.01-0.83-0.39-0.69-0.820.4-0.01-0.71-0.77-0.02-0.860.42-0.63-0.690.68-0.84-0.65-0.21-0.69-0.780.42-0.59
0.920.91-0.90.280.990.720.870.98-0.280.010.890.950.00.94-0.490.710.88-0.45-0.840.860.390.920.89-0.490.69
0.990.98-0.720.640.90.910.970.92-0.15-0.060.980.82-0.070.81-0.30.431.0-0.13-0.650.860.290.950.96-0.310.74
0.330.35-0.250.020.420.240.130.430.50.830.160.380.830.42-0.080.390.3-0.46-0.210.390.290.280.11-0.08-0.01
0.970.98-0.80.460.940.890.970.95-0.2-0.050.960.87-0.060.86-0.290.470.96-0.25-0.690.920.950.280.93-0.30.66
0.960.96-0.80.520.920.80.980.92-0.32-0.20.990.86-0.20.85-0.320.440.96-0.21-0.780.890.960.110.93-0.330.77
-0.34-0.290.41-0.17-0.41-0.32-0.29-0.370.60.26-0.35-0.270.27-0.281.0-0.79-0.310.080.42-0.49-0.31-0.08-0.3-0.33-0.71
0.730.69-0.490.610.670.630.730.66-0.59-0.350.770.59-0.360.51-0.710.580.720.08-0.590.690.74-0.010.660.77-0.71
Click cells to compare fundamentals

Array Digital Account Relationship Matchups

Array Digital fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.7B10.3B11.1B10.8B10.4B9.5B
Short Long Term Debt Total3.5B3.7B4.2B4.0B3.8B2.9B
Other Current Liab367M201M431M244M221M288.1M
Total Current Liabilities872M903M1.2B901M884M927.4M
Total Stockholder Equity4.4B4.5B4.6B4.6B4.6B4.5B
Property Plant And Equipment Net3.4B3.6B3.5B3.5B3.4B3.3B
Net Debt2.2B3.6B3.9B3.9B3.7B2.5B
Retained Earnings2.7B2.8B2.9B2.9B2.8B2.8B
Accounts Payable387M346M344M241M232M247.2M
Cash1.3B156M273M150M144M136.8M
Non Current Assets Total7.1B8.7B9.4B9.4B9.1B7.7B
Non Currrent Assets Other602M644M712M705M643M573.3M
Cash And Short Term Investments1.3B156M273M150M144M136.8M
Net Receivables928M1.2B1.1B958M955M956.0M
Liabilities And Stockholders Equity9.7B10.3B11.1B10.8B10.4B9.5B
Non Current Liabilities Total4.4B4.9B5.3B5.2B5.0B4.1B
Inventory146M173M261M199M179M195.4M
Other Current Assets277M107M113M93M67M63.7M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.7B1.7B
Total Liab5.2B5.8B6.5B6.1B5.8B5.0B
Total Current Assets2.6B1.6B1.7B1.4B1.3B1.8B
Short Term Debt118M132M146M155M163M88.6M
Intangible Assets2.6B4.1B4.7B4.7B4.6B3.3B

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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.
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.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.