Artivion Short Term Debt vs Non Current Assets Total Analysis

AORT Stock  USD 28.93  0.57  1.93%   
Artivion financial indicator trend analysis is way more than just evaluating Artivion prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artivion is a good investment. Please check the relationship between Artivion Short Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Artivion Stock please use our How to Invest in Artivion guide.

Short Term Debt vs Non Current Assets Total

Short Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artivion Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Artivion's Short Term Debt and Non Current Assets Total is -0.01. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Artivion, assuming nothing else is changed. The correlation between historical values of Artivion's Short Term Debt 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 Short Term Debt of Artivion 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 Short Term Debt i.e., Artivion's Short Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

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 Artivion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artivion 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 Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Artivion Stock please use our How to Invest in Artivion guide.At this time, Artivion's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.42 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit197.5M202.5M229.2M240.6M
Total Revenue298.8M313.8M354.0M371.7M

Artivion fundamental ratios Correlations

0.990.750.970.950.940.97-0.350.960.731.00.530.730.960.760.990.850.980.990.970.00.980.99-0.430.850.32
0.990.780.940.90.970.98-0.460.960.670.980.480.670.960.720.990.850.970.990.960.060.940.99-0.410.810.26
0.750.780.740.630.740.72-0.590.730.660.720.330.660.740.460.770.730.760.770.790.020.660.79-0.280.54-0.02
0.970.940.740.930.890.91-0.380.960.770.950.580.770.930.760.940.840.970.950.960.120.930.96-0.520.840.25
0.950.90.630.930.810.86-0.090.890.80.940.650.80.90.880.880.820.950.890.930.030.940.9-0.640.930.37
0.940.970.740.890.810.95-0.580.950.630.920.380.630.940.650.960.850.940.960.940.060.850.97-0.350.740.24
0.970.980.720.910.860.95-0.430.940.580.980.430.580.940.650.990.790.930.990.92-0.050.950.98-0.260.750.31
-0.35-0.46-0.59-0.38-0.09-0.58-0.43-0.49-0.17-0.310.22-0.17-0.430.01-0.46-0.4-0.4-0.45-0.44-0.15-0.19-0.46-0.08-0.060.39
0.960.960.730.960.890.950.94-0.490.70.940.440.70.990.710.960.860.970.960.97-0.040.90.97-0.450.80.24
0.730.670.660.770.80.630.58-0.170.70.680.391.00.70.690.660.750.780.670.820.070.660.72-0.640.730.17
1.00.980.720.950.940.920.98-0.310.940.680.540.680.940.740.990.820.960.990.94-0.010.990.98-0.390.840.35
0.530.480.330.580.650.380.430.220.440.390.540.390.440.680.440.530.520.450.470.230.560.48-0.530.640.39
0.730.670.660.770.80.630.58-0.170.71.00.680.390.70.690.660.750.780.670.820.070.660.72-0.640.730.17
0.960.960.740.930.90.940.94-0.430.990.70.940.440.70.740.950.870.970.950.97-0.110.90.96-0.460.820.23
0.760.720.460.760.880.650.650.010.710.690.740.680.690.740.670.70.80.680.770.170.740.71-0.790.980.32
0.990.990.770.940.880.960.99-0.460.960.660.990.440.660.950.670.830.961.00.95-0.020.950.99-0.310.770.29
0.850.850.730.840.820.850.79-0.40.860.750.820.530.750.870.70.830.880.830.90.090.760.86-0.540.730.17
0.980.970.760.970.950.940.93-0.40.970.780.960.520.780.970.80.960.880.960.990.070.930.98-0.560.880.23
0.990.990.770.950.890.960.99-0.450.960.670.990.450.670.950.681.00.830.960.96-0.010.960.99-0.330.780.29
0.970.960.790.960.930.940.92-0.440.970.820.940.470.820.970.770.950.90.990.960.040.90.98-0.540.850.22
0.00.060.020.120.030.06-0.05-0.15-0.040.07-0.010.230.07-0.110.17-0.020.090.07-0.010.04-0.030.01-0.370.11-0.25
0.980.940.660.930.940.850.95-0.190.90.660.990.560.660.90.740.950.760.930.960.9-0.030.94-0.380.840.41
0.990.990.790.960.90.970.98-0.460.970.720.980.480.720.960.710.990.860.980.990.980.010.94-0.380.80.29
-0.43-0.41-0.28-0.52-0.64-0.35-0.26-0.08-0.45-0.64-0.39-0.53-0.64-0.46-0.79-0.31-0.54-0.56-0.33-0.54-0.37-0.38-0.38-0.74-0.02
0.850.810.540.840.930.740.75-0.060.80.730.840.640.730.820.980.770.730.880.780.850.110.840.8-0.740.34
0.320.26-0.020.250.370.240.310.390.240.170.350.390.170.230.320.290.170.230.290.22-0.250.410.29-0.020.34
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Artivion Account Relationship Matchups

Artivion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets605.7M789.4M793.1M762.8M792.4M832.0M
Short Long Term Debt Total245.2M317.4M362.0M356.8M358.3M376.3M
Other Current Liab1.8M34.1M21.9M25.8M35.3M37.0M
Total Current Liabilities45.2M60.5M45.0M49.7M57.9M60.8M
Total Stockholder Equity285.7M328.7M300.7M284.3M281.8M295.9M
Property Plant And Equipment Net54.1M51.6M83.2M80.5M82.2M86.3M
Net Debt210.9M255.4M307.0M317.5M299.4M314.4M
Retained Earnings36.7M20.0M2.0M(17.2M)(47.9M)(45.5M)
Accounts Payable9.8M9.6M10.4M12.0M13.3M14.0M
Cash34.3M62.0M55.0M39.4M58.9M61.9M
Non Current Assets Total418.3M554.8M545.4M515.5M511.7M537.3M
Non Currrent Assets Other14.2M14.6M8.3M7.3M8.9M5.7M
Cash And Short Term Investments34.3M62.0M55.0M39.4M58.9M61.9M
Net Receivables55.9M48.8M58.1M69.6M74.1M77.8M
Common Stock Shares Outstanding37.9M37.9M39.0M40.0M40.7M27.7M
Liabilities And Stockholders Equity605.7M789.4M793.1M762.8M792.4M832.0M
Non Current Liabilities Total274.8M400.2M447.4M428.8M452.8M475.4M
Other Current Assets44.2M51.4M57.6M63.9M65.6M68.9M
Other Stockholder Equity257.2M301.5M308.2M322.7M341.3M358.3M
Total Liab320.0M460.7M492.3M478.5M510.6M536.1M
Total Current Assets187.4M234.6M247.7M247.3M280.7M294.7M
Accumulated Other Comprehensive Income(8.6M)6.7M(9.9M)(21.6M)(12.0M)(11.4M)
Short Term Debt7.2M13.9M9.0M9.3M5.4M6.8M
Intangible Assets157.7M227.1M201.5M182.6M172.2M180.8M
Inventory53.1M73.0M77.0M74.5M82.0M86.1M
Short Term Investments776K747K528K546K491.4K466.8K
Common Stock390K404K414K418K426K329.7K
Current Deferred Revenue26.3M24.1M28.2M24.5M3.8M3.6M
Good Will186.7M260.1M250M243.6M247.3M143.2M
Other Liab36.9M90.4M90.6M77.4M89.0M69.6M
Net Tangible Assets(58.7M)(158.4M)(150.8M)(141.9M)(127.8M)(134.1M)
Other Assets19.7M16.0M10.6M8.7M7.8M10.2M
Property Plant Equipment54.1M51.6M83.2M38.7M44.5M53.6M
Long Term Debt214.6M290.5M307.5M306.5M305.5M300.7M
Capital Lease Obligations29.4M25.7M52.9M48.7M51.4M39.4M
Net Invested Capital501.4M620.4M609.9M592.4M588.8M624.2M
Short Long Term Debt1.2M1.2M1.6M1.6M1.5M1.5M
Capital Stock390K404K414K418K426K446.8K
Non Current Liabilities Other6.6M50.2M55.9M47.4M71.2M43.7M
Net Working Capital142.2M174.1M202.7M197.7M222.8M198.8M

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