Archrock Net Tangible Assets vs Total Liab 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 Net Tangible Assets and its Total Liab 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.

Net Tangible Assets vs Total Liab

Net Tangible Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archrock Net Tangible Assets account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Archrock's Net Tangible Assets and Total Liab is 0.48. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Archrock, assuming nothing else is changed. The correlation between historical values of Archrock's Net Tangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Archrock are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Archrock's Net Tangible Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense108.1M101.3M111.5M111.7M
Depreciation And Amortization183.1M169.5M172.2M225.5M

Archrock fundamental ratios Correlations

0.90.210.870.980.950.75-0.420.60.780.950.430.780.850.07-0.760.880.880.910.770.990.820.860.80.310.03
0.90.130.580.850.980.96-0.680.240.510.980.390.510.570.31-0.80.990.610.80.910.940.880.60.590.20.37
0.210.130.190.180.180.14-0.230.18-0.10.210.66-0.10.120.39-0.050.160.130.250.120.210.350.06-0.1-0.30.12
0.870.580.190.860.690.36-0.020.890.920.690.210.920.98-0.3-0.550.540.980.90.480.810.570.980.920.44-0.32
0.980.850.180.860.920.7-0.380.610.810.930.480.810.860.09-0.70.820.880.860.750.950.790.850.790.250.04
0.950.980.180.690.920.91-0.650.340.610.990.450.610.670.27-0.820.970.710.860.910.980.90.690.670.180.29
0.750.960.140.360.70.91-0.790.00.280.910.430.280.340.49-0.720.960.380.640.910.820.850.370.370.050.56
-0.42-0.68-0.23-0.02-0.38-0.65-0.790.40.1-0.63-0.480.10.07-0.750.64-0.7-0.02-0.37-0.83-0.51-0.670.020.020.49-0.76
0.60.240.180.890.610.340.00.40.860.350.050.860.91-0.54-0.170.180.860.660.080.510.250.880.810.58-0.57
0.780.51-0.10.920.810.610.280.10.860.590.121.00.96-0.45-0.490.470.940.760.410.710.470.970.930.56-0.39
0.950.980.210.690.930.990.91-0.630.350.590.480.590.670.29-0.80.970.710.840.890.980.890.680.650.170.28
0.430.390.660.210.480.450.43-0.480.050.120.480.120.20.62-0.240.430.240.20.440.420.620.15-0.07-0.450.36
0.780.51-0.10.920.810.610.280.10.861.00.590.120.96-0.45-0.490.470.940.760.410.710.470.970.930.56-0.39
0.850.570.120.980.860.670.340.070.910.960.670.20.96-0.37-0.50.530.990.840.430.790.530.990.930.55-0.37
0.070.310.39-0.30.090.270.49-0.75-0.54-0.450.290.62-0.45-0.37-0.070.32-0.34-0.080.450.110.41-0.38-0.45-0.770.86
-0.76-0.8-0.05-0.55-0.7-0.82-0.720.64-0.17-0.49-0.8-0.24-0.49-0.5-0.07-0.84-0.6-0.74-0.75-0.82-0.68-0.54-0.56-0.16-0.04
0.880.990.160.540.820.970.96-0.70.180.470.970.430.470.530.32-0.840.580.760.890.930.870.550.530.180.34
0.880.610.130.980.880.710.38-0.020.860.940.710.240.940.99-0.34-0.60.580.860.480.830.580.990.930.5-0.36
0.910.80.250.90.860.860.64-0.370.660.760.840.20.760.84-0.08-0.740.760.860.730.910.730.870.870.35-0.02
0.770.910.120.480.750.910.91-0.830.080.410.890.440.410.430.45-0.750.890.480.730.820.870.490.48-0.10.58
0.990.940.210.810.950.980.82-0.510.510.710.980.420.710.790.11-0.820.930.830.910.820.850.80.760.30.09
0.820.880.350.570.790.90.85-0.670.250.470.890.620.470.530.41-0.680.870.580.730.870.850.560.480.00.41
0.860.60.060.980.850.690.370.020.880.970.680.150.970.99-0.38-0.540.550.990.870.490.80.560.960.55-0.33
0.80.59-0.10.920.790.670.370.020.810.930.65-0.070.930.93-0.45-0.560.530.930.870.480.760.480.960.61-0.32
0.310.2-0.30.440.250.180.050.490.580.560.17-0.450.560.55-0.77-0.160.180.50.35-0.10.30.00.550.61-0.61
0.030.370.12-0.320.040.290.56-0.76-0.57-0.390.280.36-0.39-0.370.86-0.040.34-0.36-0.020.580.090.41-0.33-0.32-0.61
Click cells to compare fundamentals

Archrock Account Relationship Matchups

Archrock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B2.8B2.6B2.6B2.7B3.4B
Short Long Term Debt Total1.9B1.8B1.6B1.6B1.6B1.6B
Other Current Liab593K4.8M1.3M66.8M78.2M85.5M
Total Current Liabilities138.7M111.7M125.3M148.6M152.1M265.9M
Total Stockholder Equity1.1B935.6M891.4M860.7M871.0M1.2B
Property Plant And Equipment Net2.6B2.4B2.2B2.2B2.3B2.4B
Net Debt1.9B1.7B1.5B1.6B1.6B1.5B
Retained Earnings(2.2B)(2.4B)(2.5B)(2.5B)(2.5B)(2.4B)
Accounts Payable60.2M30.8M38.9M64.3M61.0M87.0M
Cash3.7M1.1M1.6M1.6M1.3M1.3M
Non Current Assets Total2.9B2.6B2.4B2.4B2.4B2.8B
Non Currrent Assets Other42.8M41.1M38.2M80.4M93.3M98.0M
Cash And Short Term Investments3.7M1.1M1.6M1.6M1.3M1.3M
Net Receivables144.9M104.4M104.9M137.5M124.1M220.7M
Common Stock Total Equity1.6M1.6M1.6M1.6M1.9M2.0M
Common Stock Shares Outstanding137.5M150.8M151.8M153.4M154.3M92.3M
Liabilities And Stockholders Equity3.1B2.8B2.6B2.6B2.7B3.4B
Non Current Liabilities Total1.9B1.7B1.6B1.6B1.6B1.7B
Inventory74.5M63.7M72.9M84.6M81.8M158.5M
Other Current Assets9.2M12.8M7.2M8.2M6.0M5.7M
Other Stockholder Equity3.3B3.3B3.4B3.4B3.4B2.7B
Total Liab2.0B1.8B1.7B1.7B1.8B2.1B
Property Plant And Equipment Gross2.6B2.4B2.2B2.2B3.6B2.4B
Total Current Assets232.2M182.0M186.6M232.0M213.2M202.5M
Accumulated Other Comprehensive Income1.2M5.8M(1.4M)(5.0M)(984K)0.0
Short Term Debt67.3M72.2M81.3M3.2M3.2M3.0M
Intangible Assets77.5M61.5M47.9M37.1M30.2M28.7M
Common Stock1.6M1.6M1.6M1.6M1.7M846.2K
Other Liab25.5M25.2M26.5M26.3M23.7M22.5M
Other Assets122.4M159.3M111.5M113.8M130.8M89.8M
Long Term Debt1.8B1.7B1.5B1.5B1.6B1.7B
Treasury Stock(79.9M)(81.9M)(83.7M)(86.1M)(77.5M)(81.4M)
Property Plant Equipment2.6B2.4B2.2B2.2B2.5B2.6B
Current Deferred Revenue10.7M3.9M3.8M7.3M5.7M5.4M
Net Tangible Assets907.9M874.0M891.4M860.7M774.6M796.2M
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.