Aurora Cost Of Revenue vs Depreciation And Amortization Analysis

AUROW Stock

USD 1.10 0.05 4.35%

Aurora Innovation financial indicator trend analysis is way more than just evaluating Aurora Innovation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Innovation is a good investment. Please check the relationship between Aurora Innovation Cost Of Revenue and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. 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 more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.

The correlation between Aurora Innovation's Cost Of Revenue and Depreciation And Amortization is 0.77. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Aurora Innovation, assuming nothing else is changed. The correlation between historical values of Aurora Innovation's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Aurora Innovation are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Aurora Innovation's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Aurora Innovation income statement and represents the costs associated with goods and services Aurora Innovation provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Aurora Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Innovation 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 Aurora Innovation. 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 more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.Aurora Innovation reported Tax Provision of (1.85 Million) in 2023. Issuance Of Capital Stock is likely to climb to about 877.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 94.2 M in 2024.

	2020	2021	2023	2024 (projected)
Interest Income	3.7M	525K	472.5K	448.9K
Net Interest Income	3.7M	525K	472.5K	448.9K

Interest Income Net Interest Income

Aurora Innovation 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	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Capital Lease Obligations
Total Assets		0.85	0.87	0.89	0.96	0.91	-0.81	-0.67	0.82	0.88	1.0	0.71	-0.39	0.99	0.88	0.45	0.09	0.19	0.92	0.89	0.31	0.99	0.92	0.05	0.9	0.94
Short Long Term Debt Total	0.85		0.9	0.93	0.69	0.98	-0.54	-0.79	0.98	0.67	0.87	0.67	-0.46	0.8	0.88	0.53	0.15	0.59	0.84	0.84	0.69	0.8	0.9	-0.39	0.88	0.87
Other Current Liab	0.87	0.9		1.0	0.8	0.96	-0.47	-0.91	0.95	0.59	0.86	0.86	-0.57	0.88	0.96	0.74	0.42	0.26	0.72	0.98	0.39	0.87	0.97	-0.03	0.98	0.85
Total Current Liabilities	0.89	0.93	1.0		0.81	0.98	-0.51	-0.9	0.97	0.63	0.89	0.83	-0.55	0.89	0.96	0.71	0.36	0.31	0.77	0.97	0.44	0.89	0.98	-0.08	0.98	0.87
Total Stockholder Equity	0.96	0.69	0.8	0.81		0.81	-0.78	-0.61	0.68	0.82	0.94	0.73	-0.33	0.99	0.83	0.4	0.18	-0.08	0.82	0.88	0.05	0.99	0.88	0.31	0.86	0.89
Property Plant And Equipment Net	0.91	0.98	0.96	0.98	0.81		-0.56	-0.84	0.97	0.69	0.91	0.78	-0.48	0.89	0.94	0.58	0.27	0.41	0.83	0.93	0.53	0.89	0.97	-0.19	0.96	0.92
Net Debt	-0.81	-0.54	-0.47	-0.51	-0.78	-0.56		0.16	-0.47	-0.98	-0.83	-0.19	0.07	-0.75	-0.47	-0.05	0.48	-0.23	-0.9	-0.48	-0.29	-0.76	-0.53	0.03	-0.51	-0.65
Retained Earnings	-0.67	-0.79	-0.91	-0.9	-0.61	-0.84	0.16		-0.85	-0.32	-0.65	-0.94	0.78	-0.71	-0.94	-0.87	-0.64	-0.19	-0.48	-0.88	-0.3	-0.7	-0.87	0.02	-0.87	-0.77
Accounts Payable	0.82	0.98	0.95	0.97	0.68	0.97	-0.47	-0.85		0.6	0.83	0.72	-0.51	0.79	0.9	0.65	0.26	0.54	0.77	0.88	0.65	0.79	0.92	-0.33	0.92	0.82
Cash	0.88	0.67	0.59	0.63	0.82	0.69	-0.98	-0.32	0.6		0.9	0.33	-0.23	0.82	0.61	0.19	-0.38	0.31	0.96	0.58	0.38	0.83	0.64	-0.11	0.61	0.77
Non Current Assets Total	1.0	0.87	0.86	0.89	0.94	0.91	-0.83	-0.65	0.83	0.9		0.66	-0.38	0.97	0.87	0.43	0.02	0.26	0.95	0.87	0.38	0.98	0.91	-0.03	0.88	0.93
Non Currrent Assets Other	0.71	0.67	0.86	0.83	0.73	0.78	-0.19	-0.94	0.72	0.33	0.66		-0.71	0.78	0.92	0.77	0.72	-0.12	0.44	0.9	0.0	0.77	0.87	0.28	0.86	0.8
Other Assets	-0.39	-0.46	-0.57	-0.55	-0.33	-0.48	0.07	0.78	-0.51	-0.23	-0.38	-0.71		-0.42	-0.69	-0.89	-0.38	-0.13	-0.3	-0.5	-0.19	-0.41	-0.48	0.06	-0.46	-0.53
Cash And Short Term Investments	0.99	0.8	0.88	0.89	0.99	0.89	-0.75	-0.71	0.79	0.82	0.97	0.78	-0.42		0.9	0.49	0.21	0.05	0.85	0.93	0.18	1.0	0.94	0.18	0.92	0.93
Good Will	0.88	0.88	0.96	0.96	0.83	0.94	-0.47	-0.94	0.9	0.61	0.87	0.92	-0.69	0.9		0.74	0.44	0.2	0.73	0.96	0.32	0.9	0.97	0.01	0.95	0.93
Common Stock Shares Outstanding	0.45	0.53	0.74	0.71	0.4	0.58	-0.05	-0.87	0.65	0.19	0.43	0.77	-0.89	0.49	0.74		0.52	0.11	0.29	0.67	0.19	0.48	0.61	0.03	0.64	0.48
Short Term Investments	0.09	0.15	0.42	0.36	0.18	0.27	0.48	-0.64	0.26	-0.38	0.02	0.72	-0.38	0.21	0.44	0.52		-0.42	-0.26	0.49	-0.35	0.19	0.42	0.45	0.43	0.23
Non Current Liabilities Total	0.19	0.59	0.26	0.31	-0.08	0.41	-0.23	-0.19	0.54	0.31	0.26	-0.12	-0.13	0.05	0.2	0.11	-0.42		0.47	0.08	0.99	0.07	0.18	-0.96	0.17	0.22
Other Current Assets	0.92	0.84	0.72	0.77	0.82	0.83	-0.9	-0.48	0.77	0.96	0.95	0.44	-0.3	0.85	0.73	0.29	-0.26	0.47		0.69	0.55	0.87	0.76	-0.26	0.73	0.85
Other Stockholder Equity	0.89	0.84	0.98	0.97	0.88	0.93	-0.48	-0.88	0.88	0.58	0.87	0.9	-0.5	0.93	0.96	0.67	0.49	0.08	0.69		0.21	0.92	0.99	0.15	0.99	0.87
Total Liab	0.31	0.69	0.39	0.44	0.05	0.53	-0.29	-0.3	0.65	0.38	0.38	0.0	-0.19	0.18	0.32	0.19	-0.35	0.99	0.55	0.21		0.19	0.32	-0.92	0.31	0.33
Total Current Assets	0.99	0.8	0.87	0.89	0.99	0.89	-0.76	-0.7	0.79	0.83	0.98	0.77	-0.41	1.0	0.9	0.48	0.19	0.07	0.87	0.92	0.19		0.93	0.17	0.91	0.93
Intangible Assets	0.92	0.9	0.97	0.98	0.88	0.97	-0.53	-0.87	0.92	0.64	0.91	0.87	-0.48	0.94	0.97	0.61	0.42	0.18	0.76	0.99	0.32	0.93		0.04	0.99	0.92
Common Stock	0.05	-0.39	-0.03	-0.08	0.31	-0.19	0.03	0.02	-0.33	-0.11	-0.03	0.28	0.06	0.18	0.01	0.03	0.45	-0.96	-0.26	0.15	-0.92	0.17	0.04		0.06	-0.03
Current Deferred Revenue	0.9	0.88	0.98	0.98	0.86	0.96	-0.51	-0.87	0.92	0.61	0.88	0.86	-0.46	0.92	0.95	0.64	0.43	0.17	0.73	0.99	0.31	0.91	0.99	0.06		0.87
Capital Lease Obligations	0.94	0.87	0.85	0.87	0.89	0.92	-0.65	-0.77	0.82	0.77	0.93	0.8	-0.53	0.93	0.93	0.48	0.23	0.22	0.85	0.87	0.33	0.93	0.92	-0.03	0.87

Click cells to compare fundamentals

Aurora Innovation Account Relationship Matchups

Also Currently Popular

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Aurora Stock Analysis

When running Aurora Innovation's price analysis, check to measure Aurora Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Aurora Cost Of Revenue vs Depreciation And Amortization Analysis

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Depreciation And Amortization

Aurora Innovation fundamental ratios Correlations

Aurora Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Aurora Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity

Cash	- 0.98	Net Debt
Common Stock	- 0.96	Non Current Liabilities Total
Good Will	- 0.94	Retained Earnings
Non Currrent Assets Other	- 0.94	Retained Earnings
Common Stock	- 0.92	Total Liab
Retained Earnings	- 0.91	Other Current Liab