Archrock Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis
AROC Stock | USD 19.92 0.10 0.50% |
Archrock financial indicator trend analysis is way more than just evaluating Archrock prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archrock is a good investment. Please check the relationship between Archrock Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archrock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.
Non Currrent Assets Other vs Common Stock Shares Outstanding
Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archrock Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Archrock's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.34. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Archrock, assuming nothing else is changed. The correlation between historical values of Archrock's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Archrock are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Archrock's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Archrock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archrock 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 Archrock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.At present, Archrock's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2.5 B, whereas Discontinued Operations is projected to grow to (233.4 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 108.1M | 101.3M | 111.5M | 111.7M | Depreciation And Amortization | 183.1M | 169.5M | 172.2M | 225.4M |
Archrock fundamental ratios Correlations
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Archrock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Archrock fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 2.8B | 2.6B | 2.6B | 2.7B | 3.4B | |
Short Long Term Debt Total | 1.9B | 1.8B | 1.6B | 1.6B | 1.6B | 1.6B | |
Other Current Liab | 593K | 4.8M | 1.3M | 73.7M | 82.2M | 54.1M | |
Total Current Liabilities | 138.7M | 111.7M | 125.3M | 148.6M | 152.1M | 265.9M | |
Total Stockholder Equity | 1.1B | 935.6M | 891.4M | 860.7M | 871.0M | 1.2B | |
Property Plant And Equipment Net | 2.6B | 2.4B | 2.2B | 2.2B | 2.3B | 2.4B | |
Net Debt | 1.9B | 1.7B | 1.5B | 1.6B | 1.6B | 1.5B | |
Retained Earnings | (2.2B) | (2.4B) | (2.5B) | (2.5B) | (2.5B) | (2.4B) | |
Accounts Payable | 60.2M | 30.8M | 38.9M | 64.3M | 61.0M | 85.3M | |
Cash | 3.7M | 1.1M | 1.6M | 1.6M | 1.3M | 1.3M | |
Non Current Assets Total | 2.9B | 2.6B | 2.4B | 2.4B | 2.4B | 2.8B | |
Non Currrent Assets Other | 42.8M | 41.1M | 38.2M | 80.4M | 55.6M | 37.9M | |
Cash And Short Term Investments | 3.7M | 1.1M | 1.6M | 1.6M | 1.3M | 1.3M | |
Net Receivables | 144.9M | 104.4M | 104.9M | 137.5M | 124.1M | 117.9M | |
Common Stock Total Equity | 1.6M | 1.6M | 1.6M | 1.6M | 1.9M | 2.0M | |
Common Stock Shares Outstanding | 137.5M | 150.8M | 151.8M | 153.4M | 154.3M | 92.3M | |
Liabilities And Stockholders Equity | 3.1B | 2.8B | 2.6B | 2.6B | 2.7B | 3.4B | |
Non Current Liabilities Total | 1.9B | 1.7B | 1.6B | 1.6B | 1.6B | 1.7B | |
Inventory | 74.5M | 63.7M | 72.9M | 84.6M | 81.8M | 158.5M | |
Other Current Assets | 9.2M | 12.8M | 7.2M | 8.2M | 6.0M | 5.7M | |
Other Stockholder Equity | 3.3B | 3.3B | 3.4B | 3.4B | 3.4B | 2.7B | |
Total Liab | 2.0B | 1.8B | 1.7B | 1.7B | 1.8B | 2.1B | |
Property Plant And Equipment Gross | 2.6B | 2.4B | 2.2B | 2.2B | 3.6B | 2.4B | |
Total Current Assets | 232.2M | 182.0M | 186.6M | 232.0M | 213.2M | 202.5M | |
Accumulated Other Comprehensive Income | 1.2M | 5.8M | (1.4M) | (5.0M) | (984K) | 0.0 | |
Short Term Debt | 67.3M | 72.2M | 81.3M | 3.2M | 3.2M | 3.0M | |
Intangible Assets | 77.5M | 61.5M | 47.9M | 37.1M | 30.2M | 28.7M | |
Common Stock | 1.6M | 1.6M | 1.6M | 1.6M | 1.7M | 846.2K | |
Other Liab | 25.5M | 25.2M | 26.5M | 26.3M | 23.7M | 22.5M | |
Other Assets | 122.4M | 159.3M | 111.5M | 113.8M | 130.8M | 89.8M | |
Long Term Debt | 1.8B | 1.7B | 1.5B | 1.5B | 1.6B | 1.7B | |
Treasury Stock | (79.9M) | (81.9M) | (83.7M) | (86.1M) | (77.5M) | (81.4M) | |
Property Plant Equipment | 2.6B | 2.4B | 2.2B | 2.2B | 2.5B | 2.6B | |
Current Deferred Revenue | 10.7M | 3.9M | 3.8M | 7.3M | 5.7M | 5.4M | |
Net Tangible Assets | 907.9M | 874.0M | 891.4M | 860.7M | 774.6M | 796.2M | |
Retained Earnings Total Equity | (2.2B) | (2.4B) | (2.5B) | (2.5B) | (2.3B) | (2.4B) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archrock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil & Gas Equipment & 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 Archrock. If investors know Archrock 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 Archrock 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 0.389 | Dividend Share 0.65 | Earnings Share 0.89 | Revenue Per Share 6.823 | Quarterly Revenue Growth 0.093 |
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Archrock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.