Aris Gross Profit vs Total Operating Expenses Analysis

ARIS Stock

USD 26.90 0.04 0.15%

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

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aris Water Solutions Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Aris Water's Gross Profit and Total Operating Expenses is 0.93. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Aris Water Solutions, assuming nothing else is changed. The correlation between historical values of Aris Water's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Aris Water Solutions are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Aris Water's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Aris Water Solutions minus its cost of goods sold. It is profit before Aris Water operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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

At this time, Aris Water's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 4.09 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	25.5M	29.2M	32.9M	34.5M
Depreciation And Amortization	60.8M	67.5M	76.6M	80.5M

Interest Expense Depreciation And Amortization

Aris Water fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Other Stockholder Equity	Common Stock	Good Will	Intangible Assets	Retained Earnings	Property Plant And Equipment Net
Total Assets		0.99	0.96	0.95	0.75	0.59	0.99	0.72	0.41	1.0	-0.35	0.75	0.41	0.93	0.92	0.97	0.42	0.98	0.95	0.6	0.93	0.33	0.92	0.93	0.95	0.99
Short Long Term Debt Total	0.99		0.98	0.93	0.65	0.65	1.0	0.63	0.43	0.99	-0.28	0.83	0.43	0.94	0.92	0.99	0.48	0.99	0.98	0.63	0.93	0.2	0.91	0.88	0.91	0.99
Other Current Liab	0.96	0.98		0.95	0.57	0.77	0.99	0.62	0.26	0.96	-0.21	0.89	0.26	0.98	0.91	0.99	0.37	0.99	0.96	0.68	0.93	0.09	0.87	0.8	0.84	0.98
Total Current Liabilities	0.95	0.93	0.95		0.71	0.67	0.95	0.83	0.14	0.95	-0.26	0.75	0.14	0.94	0.92	0.91	0.22	0.93	0.88	0.66	0.94	0.32	0.86	0.84	0.9	0.96
Total Stockholder Equity	0.75	0.65	0.57	0.71		0.06	0.65	0.86	0.26	0.76	-0.56	0.15	0.26	0.54	0.64	0.57	0.08	0.6	0.57	0.22	0.66	0.87	0.68	0.9	0.89	0.7
Current Deferred Revenue	0.59	0.65	0.77	0.67	0.06		0.69	0.23	-0.21	0.58	0.3	0.91	-0.21	0.75	0.67	0.71	0.0	0.71	0.6	0.81	0.69	-0.39	0.57	0.25	0.34	0.67
Net Debt	0.99	1.0	0.99	0.95	0.65	0.69		0.65	0.36	0.99	-0.27	0.84	0.36	0.96	0.92	0.99	0.42	1.0	0.97	0.66	0.94	0.2	0.91	0.87	0.9	1.0
Accounts Payable	0.72	0.63	0.62	0.83	0.86	0.23	0.65		0.0	0.73	-0.44	0.27	0.0	0.64	0.67	0.57	-0.01	0.61	0.57	0.34	0.7	0.71	0.61	0.79	0.85	0.69
Cash	0.41	0.43	0.26	0.14	0.26	-0.21	0.36	0.0		0.39	-0.34	0.19	1.0	0.21	0.28	0.4	0.9	0.37	0.5	-0.01	0.22	0.12	0.41	0.52	0.44	0.33
Non Current Assets Total	1.0	0.99	0.96	0.95	0.76	0.58	0.99	0.73	0.39		-0.34	0.74	0.39	0.92	0.92	0.97	0.41	0.97	0.95	0.6	0.93	0.35	0.92	0.93	0.95	0.99
Non Currrent Assets Other	-0.35	-0.28	-0.21	-0.26	-0.56	0.3	-0.27	-0.44	-0.34	-0.34		0.12	-0.34	-0.27	-0.04	-0.23	-0.13	-0.23	-0.33	0.42	-0.13	-0.59	-0.1	-0.57	-0.48	-0.27
Other Assets	0.75	0.83	0.89	0.75	0.15	0.91	0.84	0.27	0.19	0.74	0.12		0.19	0.86	0.77	0.88	0.4	0.87	0.82	0.77	0.77	-0.36	0.7	0.46	0.53	0.81
Cash And Short Term Investments	0.41	0.43	0.26	0.14	0.26	-0.21	0.36	0.0	1.0	0.39	-0.34	0.19		0.21	0.28	0.4	0.9	0.37	0.5	-0.01	0.22	0.12	0.41	0.52	0.44	0.33
Net Receivables	0.93	0.94	0.98	0.94	0.54	0.75	0.96	0.64	0.21	0.92	-0.27	0.86	0.21		0.87	0.96	0.35	0.97	0.95	0.58	0.91	0.09	0.83	0.77	0.82	0.94
Common Stock Shares Outstanding	0.92	0.92	0.91	0.92	0.64	0.67	0.92	0.67	0.28	0.92	-0.04	0.77	0.28	0.87		0.91	0.35	0.92	0.86	0.78	0.95	0.22	0.97	0.79	0.85	0.93
Non Current Liabilities Total	0.97	0.99	0.99	0.91	0.57	0.71	0.99	0.57	0.4	0.97	-0.23	0.88	0.4	0.96	0.91		0.49	1.0	0.98	0.66	0.92	0.09	0.89	0.82	0.85	0.98
Other Current Assets	0.42	0.48	0.37	0.22	0.08	0.0	0.42	-0.01	0.9	0.41	-0.13	0.4	0.9	0.35	0.35	0.49		0.45	0.59	0.1	0.31	-0.14	0.44	0.43	0.4	0.37
Total Liab	0.98	0.99	0.99	0.93	0.6	0.71	1.0	0.61	0.37	0.97	-0.23	0.87	0.37	0.97	0.92	1.0	0.45		0.97	0.67	0.93	0.12	0.9	0.83	0.87	0.99
Total Current Assets	0.95	0.98	0.96	0.88	0.57	0.6	0.97	0.57	0.5	0.95	-0.33	0.82	0.5	0.95	0.86	0.98	0.59	0.97		0.52	0.89	0.12	0.87	0.85	0.87	0.94
Short Term Debt	0.6	0.63	0.68	0.66	0.22	0.81	0.66	0.34	-0.01	0.6	0.42	0.77	-0.01	0.58	0.78	0.66	0.1	0.67	0.52		0.69	-0.16	0.66	0.33	0.44	0.68
Other Stockholder Equity	0.93	0.93	0.93	0.94	0.66	0.69	0.94	0.7	0.22	0.93	-0.13	0.77	0.22	0.91	0.95	0.92	0.31	0.93	0.89	0.69		0.24	0.94	0.81	0.86	0.94
Common Stock	0.33	0.2	0.09	0.32	0.87	-0.39	0.2	0.71	0.12	0.35	-0.59	-0.36	0.12	0.09	0.22	0.09	-0.14	0.12	0.12	-0.16	0.24		0.27	0.61	0.58	0.26
Good Will	0.92	0.91	0.87	0.86	0.68	0.57	0.91	0.61	0.41	0.92	-0.1	0.7	0.41	0.83	0.97	0.89	0.44	0.9	0.87	0.66	0.94	0.27		0.84	0.86	0.91
Intangible Assets	0.93	0.88	0.8	0.84	0.9	0.25	0.87	0.79	0.52	0.93	-0.57	0.46	0.52	0.77	0.79	0.82	0.43	0.83	0.85	0.33	0.81	0.61	0.84		0.99	0.88
Retained Earnings	0.95	0.91	0.84	0.9	0.89	0.34	0.9	0.85	0.44	0.95	-0.48	0.53	0.44	0.82	0.85	0.85	0.4	0.87	0.87	0.44	0.86	0.58	0.86	0.99		0.92
Property Plant And Equipment Net	0.99	0.99	0.98	0.96	0.7	0.67	1.0	0.69	0.33	0.99	-0.27	0.81	0.33	0.94	0.93	0.98	0.37	0.99	0.94	0.68	0.94	0.26	0.91	0.88	0.92

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Aris Gross Profit vs Total Operating Expenses Analysis

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Gross Profit

Total Operating Expenses

Aris Water fundamental ratios Correlations

Aris Water Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Property Plant And Equipment Net	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Common Stock	- 0.59	Non Currrent Assets Other
Intangible Assets	- 0.57	Non Currrent Assets Other
Non Currrent Assets Other	- 0.56	Total Stockholder Equity
Retained Earnings	- 0.48	Non Currrent Assets Other
Non Currrent Assets Other	- 0.44	Accounts Payable
Common Stock	- 0.39	Current Deferred Revenue