Archrock Long Term Investments vs Short Term Investments Analysis
AROC Stock | USD 24.92 0.32 1.27% |
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 Long Term Investments and its Short Term Investments 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.
Long Term Investments vs Short Term Investments
Long Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archrock Long Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Archrock's Long Term Investments and Short Term Investments is -0.29. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Archrock, assuming nothing else is changed. The correlation between historical values of Archrock's Long Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Archrock are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Archrock's Long Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Archrock balance sheet that represents investments Archrock intends to hold for over a year. Archrock long term investments may include different instruments such as stocks, bonds, real estate and cash.Short Term Investments
Short Term Investments is an item under the current assets section of Archrock balance sheet. It contains any investments Archrock undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Archrock can easily liquidate in the marketplace.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 Over EBITDA is expected to grow to 16.53, 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 | 225.5M |
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 | 66.8M | 78.2M | 85.5M | |
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 | 87.0M | |
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 | 93.3M | 98.0M | |
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 | 220.7M | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Archrock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Archrock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Archrock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Archrock Stock: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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 0.127 | Dividend Share 0.67 | Earnings Share 0.91 | Revenue Per Share 6.942 | Quarterly Revenue Growth 0.153 |
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.