Aurora Net Invested Capital vs Current Deferred Revenue 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 Invested Capital and its Current Deferred Revenue 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 Invested Capital vs Current Deferred Revenue
Net Invested Capital vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Net Invested Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aurora Innovation's Net Invested Capital and Current Deferred Revenue is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Current Deferred Revenue 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 Invested Capital and Current Deferred Revenue 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 Invested Capital of Aurora Innovation are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Invested Capital i.e., Aurora Innovation's Net Invested Capital and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 |
Aurora Innovation fundamental ratios Correlations
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Aurora Innovation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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