ARC Historical Balance Sheet
ARX Stock | CAD 24.87 0.26 1.06% |
Trend analysis of ARC Resources balance sheet accounts such as Short Long Term Debt Total of 2.3 B, Other Current Liabilities of 130.9 M or Total Current Liabilities of 1 B provides information on ARC Resources' total assets, liabilities, and equity, which is the actual value of ARC Resources to its prevalent stockholders. By breaking down trends over time using ARC Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining ARC Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ARC Resources is a good buy for the upcoming year.
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About ARC Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ARC Resources at a specified time, usually calculated after every quarter, six months, or one year. ARC Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ARC Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ARC currently owns. An asset can also be divided into two categories, current and non-current.
ARC Resources Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of ARC Resources 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 ARC Resources 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.Total Current Liabilities
Total Current Liabilities is an item on ARC Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ARC Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from ARC Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ARC Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ARC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, ARC Resources' Retained Earnings are very stable compared to the past year. As of the 11th of December 2024, Accounts Payable is likely to grow to about 732.8 M, while Other Current Liabilities is likely to drop about 130.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.6B | 1.8B | 2.2B | 2.3B | Total Assets | 11.4B | 11.6B | 12.4B | 13.0B |
ARC Resources balance sheet Correlations
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ARC Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ARC Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 5.0B | 11.4B | 11.6B | 12.4B | 13.0B | |
Short Long Term Debt Total | 923.8M | 751.1M | 2.6B | 1.8B | 2.2B | 2.3B | |
Other Current Liab | 60.4M | 99.1M | 601.1M | 502.7M | 177.7M | 130.9M | |
Total Current Liabilities | 365M | 367.7M | 1.5B | 1.7B | 981.6M | 1.0B | |
Total Stockholder Equity | 3.4B | 2.8B | 5.9B | 6.7B | 7.4B | 7.8B | |
Property Plant And Equipment Net | 5.3B | 4.5B | 10.4B | 10.4B | 11.2B | 11.7B | |
Net Debt | 915.3M | 750.7M | 3.4B | 1.7B | 2.2B | 2.3B | |
Retained Earnings | (1.3B) | (1.9B) | (1.3B) | 139.1M | 1.1B | 1.2B | |
Accounts Payable | 139.4M | 106.6M | 710.2M | 1.1B | 697.9M | 732.8M | |
Cash | 8.5M | 400K | (869.3M) | 57.1M | 1.1M | 1.0M | |
Non Current Assets Total | 5.6B | 4.8B | 10.7B | 10.6B | 11.5B | 12.1B | |
Non Currrent Assets Other | (132.6M) | 214.9M | (789.4M) | (415.1M) | 61.5M | 64.6M | |
Cash And Short Term Investments | 8.5M | 400K | (869.3M) | 57.1M | 1.1M | 1.0M | |
Net Receivables | 115.6M | 145.9M | 672M | 863.2M | 583M | 612.2M | |
Common Stock Shares Outstanding | 353.4M | 353.4M | 627.3M | 663.1M | 610.6M | 641.2M | |
Liabilities And Stockholders Equity | 5.8B | 5.0B | 11.4B | 11.6B | 12.4B | 13.0B | |
Non Current Liabilities Total | 2.0B | 1.8B | 3.9B | 3.3B | 4.0B | 4.2B | |
Other Stockholder Equity | 32.2M | 36.5M | 46.3M | 39.9M | 36.1M | 34.3M | |
Total Liab | 2.3B | 2.2B | 5.5B | 5.0B | 5.0B | 5.2B | |
Property Plant And Equipment Gross | 5.3B | 4.5B | 15.5B | 16.8B | 18.9B | 19.8B | |
Total Current Assets | 193.2M | 162.3M | 730M | 986.5M | 893.4M | 938.1M | |
Other Current Assets | 69.1M | 14.4M | 35.7M | 59.5M | 280.2M | 294.2M | |
Short Term Debt | 165.2M | 162M | 109.3M | 92.4M | 85.2M | 73.6M | |
Common Stock | 4.7B | 4.7B | 7.2B | 6.5B | 6.3B | 5.1B | |
Current Deferred Revenue | 43.2M | 40.3M | 175M | 139.5M | 160.4M | 168.4M | |
Other Liab | 1.2B | 1.2B | 1.5B | 1.6B | 1.8B | 1.4B | |
Net Tangible Assets | 3.2B | 2.5B | 5.7B | 6.4B | 7.4B | 4.1B | |
Other Assets | 142.1M | 4.2M | 0.0 | 13.3M | 12.0M | 11.4M | |
Long Term Debt | 728.7M | 555.2M | 1.7B | 990M | 1.1B | 1.1B | |
Short Long Term Debt | 73.9M | 80.5M | 148.9M | 146.7M | 132.0M | 151.0M | |
Property Plant Equipment | 5.3B | 4.5B | 10.4B | 10.4B | 11.9B | 6.7B | |
Long Term Debt Total | 758.6M | 589.1M | 2.5B | 1.7B | 1.9B | 1.3B |
Pair Trading with ARC Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ARC Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ARC Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with ARC Stock
Moving against ARC Stock
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The ability to find closely correlated positions to ARC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARC Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ARC Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ARC Resources to buy it.
The correlation of ARC Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ARC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARC Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ARC Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in ARC Stock
Balance Sheet is a snapshot of the financial position of ARC Resources at a specified time, usually calculated after every quarter, six months, or one year. ARC Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ARC Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ARC currently owns. An asset can also be divided into two categories, current and non-current.