ARC Interest Coverage vs Payout Ratio Analysis

ARX Stock

CAD 24.87 0.26 1.06%

ARC Resources financial indicator trend analysis is way more than just evaluating ARC Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ARC Resources is a good investment. Please check the relationship between ARC Resources Interest Coverage and its Payout Ratio accounts. 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.

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARC Resources Interest Coverage account and Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between ARC Resources' Interest Coverage and Payout Ratio is 0.19. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of ARC Resources, assuming nothing else is changed. The correlation between historical values of ARC Resources' Interest Coverage and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of ARC Resources are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Interest Coverage i.e., ARC Resources' Interest Coverage and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Interest Coverage

Payout Ratio

Payout Ratio is the proportion of ARC Resources earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of ARC Resources dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating ARC Resources is paying out more in dividends than it makes in net income.

Most indicators from ARC Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

As of the 10th of December 2024, Selling General Administrative is likely to grow to about 219.7 M. Also, Tax Provision is likely to grow to about 483.8 M

	2021	2022	2023	2024 (projected)
Total Operating Expenses	592.4M	773.1M	212.2M	363.8M
Cost Of Revenue	2.9B	5.1B	2.3B	2.4B

Total Operating Expenses Cost Of Revenue

ARC Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Short Term Debt	Intangible Assets	Inventory	Good Will	Common Stock Total Equity
Total Assets		0.96	0.61	0.87	0.99	0.99	0.88	0.46	0.88	-0.37	1.0	-0.42	-0.35	0.91	0.98	0.98	-0.31	0.99	0.97	0.72	0.29	0.3	0.12	0.64	0.65	0.66
Short Long Term Debt Total	0.96		0.66	0.86	0.94	0.96	0.97	0.37	0.83	-0.56	0.96	-0.53	-0.5	0.88	0.94	0.98	-0.21	0.98	0.94	0.67	0.24	0.3	0.07	0.69	0.56	0.63
Other Current Liab	0.61	0.66		0.86	0.54	0.59	0.71	-0.08	0.69	-0.6	0.59	-0.81	-0.46	0.75	0.68	0.58	-0.04	0.7	0.57	0.62	0.07	0.24	0.17	0.24	0.24	0.42
Total Current Liabilities	0.87	0.86	0.86		0.83	0.88	0.85	0.31	0.95	-0.54	0.87	-0.71	-0.5	0.98	0.9	0.82	-0.08	0.91	0.88	0.64	0.03	0.29	-0.03	0.53	0.38	0.48
Total Stockholder Equity	0.99	0.94	0.54	0.83		0.98	0.83	0.52	0.87	-0.28	0.99	-0.34	-0.27	0.88	0.97	0.97	-0.32	0.97	0.96	0.72	0.33	0.28	0.13	0.64	0.66	0.66
Property Plant And Equipment Net	0.99	0.96	0.59	0.88	0.98		0.9	0.48	0.9	-0.43	1.0	-0.44	-0.43	0.92	0.97	0.97	-0.25	0.98	0.98	0.63	0.19	0.34	0.01	0.68	0.61	0.62
Net Debt	0.88	0.97	0.71	0.85	0.83	0.9		0.26	0.78	-0.75	0.89	-0.66	-0.69	0.85	0.87	0.91	-0.11	0.93	0.88	0.53	0.08	0.32	-0.04	0.7	0.44	0.52
Retained Earnings	0.46	0.37	-0.08	0.31	0.52	0.48	0.26		0.55	0.09	0.47	0.12	0.0	0.47	0.31	0.38	0.14	0.37	0.58	0.25	0.14	-0.42	-0.17	0.67	0.04	-0.1
Accounts Payable	0.88	0.83	0.69	0.95	0.87	0.9	0.78	0.55		-0.4	0.89	-0.56	-0.41	0.98	0.87	0.81	-0.08	0.89	0.91	0.58	0.0	0.15	-0.13	0.61	0.37	0.38
Cash	-0.37	-0.56	-0.6	-0.54	-0.28	-0.43	-0.75	0.09	-0.4		-0.4	0.76	0.93	-0.48	-0.38	-0.42	-0.18	-0.48	-0.41	0.02	0.38	-0.26	0.32	-0.5	0.0	-0.05
Non Current Assets Total	1.0	0.96	0.59	0.87	0.99	1.0	0.89	0.47	0.89	-0.4		-0.43	-0.4	0.91	0.98	0.98	-0.31	0.99	0.97	0.66	0.24	0.32	0.07	0.66	0.64	0.64
Non Currrent Assets Other	-0.42	-0.53	-0.81	-0.71	-0.34	-0.44	-0.66	0.12	-0.56	0.76	-0.43		0.69	-0.6	-0.48	-0.41	-0.12	-0.52	-0.42	-0.26	0.28	-0.21	0.23	-0.24	-0.01	-0.15
Cash And Short Term Investments	-0.35	-0.5	-0.46	-0.5	-0.27	-0.43	-0.69	0.0	-0.41	0.93	-0.4	0.69		-0.45	-0.35	-0.39	-0.19	-0.44	-0.42	0.19	0.44	-0.28	0.38	-0.5	0.02	0.01
Net Receivables	0.91	0.88	0.75	0.98	0.88	0.92	0.85	0.47	0.98	-0.48	0.91	-0.6	-0.45		0.91	0.85	-0.04	0.92	0.94	0.63	0.03	0.23	-0.11	0.63	0.37	0.47
Common Stock Shares Outstanding	0.98	0.94	0.68	0.9	0.97	0.97	0.87	0.31	0.87	-0.38	0.98	-0.48	-0.35	0.91		0.96	-0.33	0.98	0.93	0.72	0.25	0.43	0.11	0.55	0.66	0.72
Non Current Liabilities Total	0.98	0.98	0.58	0.82	0.97	0.97	0.91	0.38	0.81	-0.42	0.98	-0.41	-0.39	0.85	0.96		-0.37	0.98	0.93	0.69	0.32	0.32	0.15	0.63	0.69	0.69
Other Stockholder Equity	-0.31	-0.21	-0.04	-0.08	-0.32	-0.25	-0.11	0.14	-0.08	-0.18	-0.31	-0.12	-0.19	-0.04	-0.33	-0.37		-0.29	-0.09	-0.23	-0.22	-0.15	-0.43	0.2	-0.83	-0.31
Total Liab	0.99	0.98	0.7	0.91	0.97	0.98	0.93	0.37	0.89	-0.48	0.99	-0.52	-0.44	0.92	0.98	0.98	-0.29		0.95	0.7	0.24	0.33	0.1	0.62	0.62	0.65
Property Plant And Equipment Gross	0.97	0.94	0.57	0.88	0.96	0.98	0.88	0.58	0.91	-0.41	0.97	-0.42	-0.42	0.94	0.93	0.93	-0.09	0.95		0.63	0.19	0.26	-0.05	0.76	0.48	0.56
Total Current Assets	0.72	0.67	0.62	0.64	0.72	0.63	0.53	0.25	0.58	0.02	0.66	-0.26	0.19	0.63	0.72	0.69	-0.23	0.7	0.63		0.68	0.03	0.49	0.3	0.46	0.66
Other Current Assets	0.29	0.24	0.07	0.03	0.33	0.19	0.08	0.14	0.0	0.38	0.24	0.28	0.44	0.03	0.25	0.32	-0.22	0.24	0.19	0.68		-0.08	0.82	0.06	0.34	0.54
Short Term Debt	0.3	0.3	0.24	0.29	0.28	0.34	0.32	-0.42	0.15	-0.26	0.32	-0.21	-0.28	0.23	0.43	0.32	-0.15	0.33	0.26	0.03	-0.08		-0.06	0.01	0.4	0.65
Intangible Assets	0.12	0.07	0.17	-0.03	0.13	0.01	-0.04	-0.17	-0.13	0.32	0.07	0.23	0.38	-0.11	0.11	0.15	-0.43	0.1	-0.05	0.49	0.82	-0.06		-0.29	0.37	0.4
Inventory	0.64	0.69	0.24	0.53	0.64	0.68	0.7	0.67	0.61	-0.5	0.66	-0.24	-0.5	0.63	0.55	0.63	0.2	0.62	0.76	0.3	0.06	0.01	-0.29		0.14	0.14
Good Will	0.65	0.56	0.24	0.38	0.66	0.61	0.44	0.04	0.37	0.0	0.64	-0.01	0.02	0.37	0.66	0.69	-0.83	0.62	0.48	0.46	0.34	0.4	0.37	0.14		0.69
Common Stock Total Equity	0.66	0.63	0.42	0.48	0.66	0.62	0.52	-0.1	0.38	-0.05	0.64	-0.15	0.01	0.47	0.72	0.69	-0.31	0.65	0.56	0.66	0.54	0.65	0.4	0.14	0.69

Click cells to compare fundamentals

ARC Resources Account Relationship Matchups

ARC Resources fundamental ratios 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

0.72	ENB-PFV	Enbridge Pref 5	Pair Corr
0.69	ENS	E Split Corp	Pair Corr
0.8	ENS-PA	E Split Corp	Pair Corr

Moving against ARC Stock

0.64	CCL-A	CCL Industries	Pair Corr
0.62	RCI-A	Rogers Communications	Pair Corr
0.59	ARA	Aclara Resources	Pair Corr
0.45	SAGE	Sage Potash Corp	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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ARC Interest Coverage vs Payout Ratio Analysis

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

Correlation Coefficient

Interest Coverage

Payout Ratio

ARC Resources fundamental ratios Correlations

ARC Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ARC Resources fundamental ratios Accounts

Pair Trading with ARC Resources

Moving together with ARC Stock

Moving against ARC Stock

Other Information on Investing in ARC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Good Will	- 0.83	Other Stockholder Equity
Non Currrent Assets Other	- 0.81	Other Current Liab
Cash	- 0.75	Net Debt
Non Currrent Assets Other	- 0.71	Total Current Liabilities
Cash And Short Term Investments	- 0.69	Net Debt
Non Currrent Assets Other	- 0.66	Net Debt