Arko Other Non Cash Items vs Depreciation Analysis
ARKO Stock | USD 6.77 0.06 0.88% |
Arko Corp financial indicator trend analysis is way more than just evaluating Arko Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arko Corp is a good investment. Please check the relationship between Arko Corp Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.
Other Non Cash Items vs Depreciation
Other Non Cash Items vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arko Corp Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Arko Corp's Other Non Cash Items and Depreciation is 0.09. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Arko Corp, assuming nothing else is changed. The correlation between historical values of Arko Corp's Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Arko Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Arko Corp's Other Non Cash Items and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Non Cash Items
Depreciation
Depreciation indicates how much of Arko Corp value has been used up. For tax purposes Arko Corp can deduct the cost of the tangible assets it purchases as business expenses. However, Arko Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Arko Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arko Corp 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 Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.As of the 23rd of December 2024, Enterprise Value is likely to grow to about 4.2 B, while Discontinued Operations is likely to drop (37.8 K).
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 138.5M | 167.8M | 132.8M | 105.0M | Other Operating Expenses | 7.3B | 9.0B | 9.3B | 5.9B |
Arko Corp fundamental ratios Correlations
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Arko Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arko Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 58.2M | 89.0M | 94.5M | 107.4M | 126.0M | 100.8M | |
Total Current Liabilities | 340.5M | 387.1M | 408.4M | 446.4M | 486.2M | 365.0M | |
Other Liab | 37.4M | 73.0M | 197.4M | 243.9M | 219.5M | 141.5M | |
Net Tangible Assets | (93.2M) | (174.0M) | (130.2M) | (133.6M) | (120.2M) | (126.2M) | |
Retained Earnings | (43.4M) | (30.2M) | 29.5M | 81.8M | 96.1M | 100.9M | |
Accounts Payable | 128.8M | 155.7M | 172.9M | 217.4M | 213.7M | 158.1M | |
Other Assets | 53.8M | 84.2M | 65.7M | 59.6M | 53.6M | 82.8M | |
Net Receivables | 59.8M | 46.9M | 62.3M | 118.1M | 200.3M | 210.3M | |
Inventory | 157.8M | 163.7M | 197.8M | 222.0M | 250.6M | 173.5M | |
Other Current Assets | 15.1M | 98.5M | 105.2M | 103.4M | 76.2M | 79.5M | |
Other Stockholder Equity | 104.7M | 212.1M | 214.8M | 190.0M | 170.9M | 145.0M | |
Total Current Assets | 290.1M | 609.4M | 683.6M | 747.1M | 749.1M | 661.9M | |
Property Plant Equipment | 1.3B | 1.7B | 1.8B | 2.0B | 2.3B | 1.6B | |
Common Stock Shares Outstanding | 66.7M | 71.1M | 125.4M | 123.2M | 119.6M | 105.5M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Automotive Retail 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 Arko Corp. If investors know Arko 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 Arko Corp 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 (0.58) | Dividend Share 0.12 | Earnings Share 0.16 | Revenue Per Share 77.121 | Quarterly Revenue Growth (0.13) |
The market value of Arko Corp is measured differently than its book value, which is the value of Arko that is recorded on the company's balance sheet. Investors also form their own opinion of Arko Corp's value that differs from its market value or its book value, called intrinsic value, which is Arko Corp'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 Arko Corp's market value can be influenced by many factors that don't directly affect Arko Corp'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 Arko Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arko Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arko Corp'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.