Arcutis Cash vs Total Assets Analysis

ARQT Stock

USD 13.04 1.33 11.36%

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

For more information on how to buy Arcutis Stock please use our How to Invest in Arcutis Biotherapeutics guide.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcutis Biotherapeutics Cash account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Arcutis Biotherapeutics' Cash and Total Assets is 0.88. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Arcutis Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Arcutis Biotherapeutics' Cash and Total 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 Cash of Arcutis Biotherapeutics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Arcutis Biotherapeutics' Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Arcutis Biotherapeutics, which is listed under current asset account on Arcutis Biotherapeutics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Arcutis Biotherapeutics customers. The amounts must be unrestricted with restricted cash listed in a different Arcutis Biotherapeutics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of Arcutis Biotherapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Arcutis Biotherapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Arcutis Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcutis Biotherapeutics 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 Arcutis Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

For more information on how to buy Arcutis Stock please use our How to Invest in Arcutis Biotherapeutics guide.At this time, Arcutis Biotherapeutics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.3 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (1.43).

Arcutis Biotherapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Other Liab	Non Current Liabilities Other	Short Long Term Debt Total	Property Plant And Equipment Net	Other Assets
Total Assets		0.96	0.96	0.87	0.92	0.53	-0.82	0.94	0.88	0.86	1.0	0.91	0.82	0.71	0.93	0.87	0.88	0.78	0.97	1.0	1.0	-0.93	0.67	0.82	0.95	0.94
Other Current Liab	0.96		1.0	0.78	0.9	0.64	-0.89	0.99	0.86	0.9	0.94	0.97	0.77	0.75	0.95	0.91	0.92	0.82	0.94	0.96	0.95	-0.95	0.56	0.91	0.9	0.97
Total Current Liabilities	0.96	1.0		0.78	0.9	0.64	-0.9	0.99	0.86	0.9	0.93	0.96	0.78	0.75	0.95	0.91	0.93	0.82	0.94	0.95	0.94	-0.95	0.55	0.91	0.9	0.97
Total Stockholder Equity	0.87	0.78	0.78		0.95	0.28	-0.57	0.77	0.7	0.54	0.9	0.64	0.59	0.28	0.8	0.68	0.74	0.38	0.93	0.88	0.88	-0.84	0.88	0.54	0.95	0.84
Net Tangible Assets	0.92	0.9	0.9	0.95		0.4	-0.71	0.9	0.78	0.67	0.91	0.79	0.65	0.41	0.88	0.79	0.83	0.52	0.96	0.92	0.91	-0.91	0.83	0.68	0.97	0.94
Net Debt	0.53	0.64	0.64	0.28	0.4		-0.84	0.61	0.28	0.71	0.49	0.62	0.33	0.61	0.69	0.65	0.78	0.64	0.57	0.52	0.51	-0.7	-0.16	0.87	0.45	0.6
Retained Earnings	-0.82	-0.89	-0.9	-0.57	-0.71	-0.84		-0.89	-0.74	-0.9	-0.78	-0.9	-0.74	-0.78	-0.94	-0.95	-0.97	-0.83	-0.79	-0.82	-0.8	0.92	-0.27	-0.93	-0.77	-0.9
Accounts Payable	0.94	0.99	0.99	0.77	0.9	0.61	-0.89		0.86	0.91	0.91	0.95	0.8	0.72	0.94	0.9	0.92	0.8	0.92	0.94	0.93	-0.93	0.57	0.88	0.9	0.98
Cash	0.88	0.86	0.86	0.7	0.78	0.28	-0.74	0.86		0.8	0.88	0.89	0.94	0.74	0.83	0.87	0.75	0.79	0.76	0.88	0.88	-0.79	0.66	0.65	0.83	0.85
Long Term Debt	0.86	0.9	0.9	0.54	0.67	0.71	-0.9	0.91	0.8		0.83	0.92	0.86	0.91	0.85	0.84	0.86	0.95	0.78	0.86	0.85	-0.83	0.27	0.92	0.74	0.85
Cash And Short Term Investments	1.0	0.94	0.93	0.9	0.91	0.49	-0.78	0.91	0.88	0.83		0.89	0.82	0.68	0.91	0.85	0.86	0.75	0.96	1.0	1.0	-0.92	0.7	0.78	0.95	0.92
Common Stock Shares Outstanding	0.91	0.97	0.96	0.64	0.79	0.62	-0.9	0.95	0.89	0.92	0.89		0.81	0.86	0.9	0.92	0.87	0.91	0.84	0.91	0.9	-0.88	0.44	0.9	0.81	0.91
Long Term Debt Total	0.82	0.77	0.78	0.59	0.65	0.33	-0.74	0.8	0.94	0.86	0.82	0.81		0.78	0.78	0.81	0.72	0.81	0.67	0.82	0.82	-0.73	0.5	0.63	0.76	0.77
Non Current Liabilities Total	0.71	0.75	0.75	0.28	0.41	0.61	-0.78	0.72	0.74	0.91	0.68	0.86	0.78		0.66	0.72	0.66	0.99	0.56	0.7	0.7	-0.62	0.04	0.83	0.49	0.63
Capital Surpluse	0.93	0.95	0.95	0.8	0.88	0.69	-0.94	0.94	0.83	0.85	0.91	0.9	0.78	0.66		0.97	0.99	0.74	0.92	0.93	0.92	-0.99	0.56	0.86	0.93	0.97
Other Current Assets	0.87	0.91	0.91	0.68	0.79	0.65	-0.95	0.9	0.87	0.84	0.85	0.92	0.81	0.72	0.97		0.95	0.78	0.82	0.87	0.86	-0.94	0.48	0.83	0.86	0.93
Other Stockholder Equity	0.88	0.92	0.93	0.74	0.83	0.78	-0.97	0.92	0.75	0.86	0.86	0.87	0.72	0.66	0.99	0.95		0.73	0.89	0.88	0.87	-0.98	0.45	0.89	0.88	0.95
Total Liab	0.78	0.82	0.82	0.38	0.52	0.64	-0.83	0.8	0.79	0.95	0.75	0.91	0.81	0.99	0.74	0.78	0.73		0.65	0.78	0.77	-0.7	0.13	0.88	0.59	0.72
Net Invested Capital	0.97	0.94	0.94	0.93	0.96	0.57	-0.79	0.92	0.76	0.78	0.96	0.84	0.67	0.56	0.92	0.82	0.89	0.65		0.97	0.96	-0.95	0.69	0.81	0.96	0.94
Total Current Assets	1.0	0.96	0.95	0.88	0.92	0.52	-0.82	0.94	0.88	0.86	1.0	0.91	0.82	0.7	0.93	0.87	0.88	0.78	0.97		1.0	-0.93	0.67	0.82	0.95	0.94
Net Working Capital	1.0	0.95	0.94	0.88	0.91	0.51	-0.8	0.93	0.88	0.85	1.0	0.9	0.82	0.7	0.92	0.86	0.87	0.77	0.96	1.0		-0.92	0.68	0.8	0.95	0.93
Other Liab	-0.93	-0.95	-0.95	-0.84	-0.91	-0.7	0.92	-0.93	-0.79	-0.83	-0.92	-0.88	-0.73	-0.62	-0.99	-0.94	-0.98	-0.7	-0.95	-0.93	-0.92		-0.57	-0.86	-0.94	-0.97
Non Current Liabilities Other	0.67	0.56	0.55	0.88	0.83	-0.16	-0.27	0.57	0.66	0.27	0.7	0.44	0.5	0.04	0.56	0.48	0.45	0.13	0.69	0.67	0.68	-0.57		0.18	0.8	0.64
Short Long Term Debt Total	0.82	0.91	0.91	0.54	0.68	0.87	-0.93	0.88	0.65	0.92	0.78	0.9	0.63	0.83	0.86	0.83	0.89	0.88	0.81	0.82	0.8	-0.86	0.18		0.7	0.83
Property Plant And Equipment Net	0.95	0.9	0.9	0.95	0.97	0.45	-0.77	0.9	0.83	0.74	0.95	0.81	0.76	0.49	0.93	0.86	0.88	0.59	0.96	0.95	0.95	-0.94	0.8	0.7		0.95
Other Assets	0.94	0.97	0.97	0.84	0.94	0.6	-0.9	0.98	0.85	0.85	0.92	0.91	0.77	0.63	0.97	0.93	0.95	0.72	0.94	0.94	0.93	-0.97	0.64	0.83	0.95

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Arcutis Biotherapeutics Account Relationship Matchups

Arcutis Biotherapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	107.0M	298.3M	408.2M	449.3M	341.4M	260.7M
Other Current Liab	3.7M	15.5M	25.1M	27.7M	33.2M	16.7M
Total Current Liabilities	5.2M	22.6M	33.3M	37.8M	46.7M	23.4M
Total Stockholder Equity	(65.0M)	270.6M	297.7M	209.6M	88.7M	121.4M
Net Tangible Assets	(65.0M)	270.6M	297.7M	202.4M	232.8M	124.1M
Net Debt	(63.0M)	(60.1M)	(18.9M)	148.9M	117.5M	123.4M
Retained Earnings	(66.3M)	(202.0M)	(408.3M)	(719.8M)	(981.9M)	(932.8M)
Accounts Payable	1.4M	7.1M	7.4M	8.8M	12.0M	6.1M
Cash	63.3M	65.1M	96.4M	53.6M	88.4M	64.4M
Non Current Assets Total	538K	5.4M	5.4M	11.9M	10.9M	11.5M
Cash And Short Term Investments	101.3M	284.4M	387.1M	409.6M	271.9M	237.1M
Common Stock Shares Outstanding	38.1M	35.7M	49.4M	55.0M	69.3M	44.6M
Short Term Investments	37.9M	219.4M	290.6M	355.9M	183.5M	172.7M
Liabilities And Stockholders Equity	107.0M	298.3M	408.2M	449.3M	341.4M	260.7M
Non Current Liabilities Total	166.8M	5.0M	77.1M	201.9M	206.0M	115.9M
Capital Surpluse	289K	1.2M	472.6M	706.2M	812.2M	852.8M
Other Current Assets	5.2M	7.9M	15.7M	11.8M	19.6M	20.6M
Other Stockholder Equity	(165.2M)	472.6M	706.2M	930.4M	1.1B	1.1B
Total Liab	172.0M	27.6M	110.5M	239.7M	252.7M	139.3M
Net Invested Capital	(65.0M)	270.6M	370.0M	407.4M	290.5M	195.6M
Total Current Assets	106.5M	292.8M	402.8M	437.4M	330.4M	255.3M
Net Working Capital	101.2M	270.2M	369.4M	399.6M	283.8M	231.9M
Non Current Liabilities Other	184K	5.0M	4.8M	849K	976.4K	927.5K

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