Archrock Total Stockholder Equity vs Total Current Assets 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 Total Stockholder Equity and its Total Current Assets 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.
Total Stockholder Equity vs Total Current Assets
Total Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archrock Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Archrock's Total Stockholder Equity and Total Current Assets is 0.85. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Archrock, assuming nothing else is changed. The correlation between historical values of Archrock's Total Stockholder Equity and Total Current Assets 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 Stockholder Equity of Archrock are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Archrock's Total Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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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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.