Aurora Net Debt vs Net Working Capital Analysis

AUROW Stock

USD 1.15 0.21 22.34%

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 Net Debt and its Net Working Capital 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.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Aurora Innovation's Net Debt and Net Working Capital is -0.73. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital 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 Net Debt and Net Working Capital 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 Debt of Aurora Innovation are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Aurora Innovation's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

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

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Aurora Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

Aurora Innovation fundamental ratios Correlations

Aurora Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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