Aurora Total Assets vs Total Liab 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 Total Assets and its Total Liab 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.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Total Assets account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Aurora Innovation's Total Assets and Total Liab is 0.31. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Aurora Innovation are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Aurora Innovation's Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Aurora Innovation 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 Aurora Innovation 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 Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Income3.7M525K472.5K448.9K
Net Interest Income3.7M525K472.5K448.9K

Aurora Innovation fundamental ratios Correlations

0.850.870.890.960.91-0.81-0.670.820.881.00.71-0.390.990.880.450.090.190.920.890.310.990.920.050.90.94
0.850.90.930.690.98-0.54-0.790.980.670.870.67-0.460.80.880.530.150.590.840.840.690.80.9-0.390.880.87
0.870.91.00.80.96-0.47-0.910.950.590.860.86-0.570.880.960.740.420.260.720.980.390.870.97-0.030.980.85
0.890.931.00.810.98-0.51-0.90.970.630.890.83-0.550.890.960.710.360.310.770.970.440.890.98-0.080.980.87
0.960.690.80.810.81-0.78-0.610.680.820.940.73-0.330.990.830.40.18-0.080.820.880.050.990.880.310.860.89
0.910.980.960.980.81-0.56-0.840.970.690.910.78-0.480.890.940.580.270.410.830.930.530.890.97-0.190.960.92
-0.81-0.54-0.47-0.51-0.78-0.560.16-0.47-0.98-0.83-0.190.07-0.75-0.47-0.050.48-0.23-0.9-0.48-0.29-0.76-0.530.03-0.51-0.65
-0.67-0.79-0.91-0.9-0.61-0.840.16-0.85-0.32-0.65-0.940.78-0.71-0.94-0.87-0.64-0.19-0.48-0.88-0.3-0.7-0.870.02-0.87-0.77
0.820.980.950.970.680.97-0.47-0.850.60.830.72-0.510.790.90.650.260.540.770.880.650.790.92-0.330.920.82
0.880.670.590.630.820.69-0.98-0.320.60.90.33-0.230.820.610.19-0.380.310.960.580.380.830.64-0.110.610.77
1.00.870.860.890.940.91-0.83-0.650.830.90.66-0.380.970.870.430.020.260.950.870.380.980.91-0.030.880.93
0.710.670.860.830.730.78-0.19-0.940.720.330.66-0.710.780.920.770.72-0.120.440.90.00.770.870.280.860.8
-0.39-0.46-0.57-0.55-0.33-0.480.070.78-0.51-0.23-0.38-0.71-0.42-0.69-0.89-0.38-0.13-0.3-0.5-0.19-0.41-0.480.06-0.46-0.53
0.990.80.880.890.990.89-0.75-0.710.790.820.970.78-0.420.90.490.210.050.850.930.181.00.940.180.920.93
0.880.880.960.960.830.94-0.47-0.940.90.610.870.92-0.690.90.740.440.20.730.960.320.90.970.010.950.93
0.450.530.740.710.40.58-0.05-0.870.650.190.430.77-0.890.490.740.520.110.290.670.190.480.610.030.640.48
0.090.150.420.360.180.270.48-0.640.26-0.380.020.72-0.380.210.440.52-0.42-0.260.49-0.350.190.420.450.430.23
0.190.590.260.31-0.080.41-0.23-0.190.540.310.26-0.12-0.130.050.20.11-0.420.470.080.990.070.18-0.960.170.22
0.920.840.720.770.820.83-0.9-0.480.770.960.950.44-0.30.850.730.29-0.260.470.690.550.870.76-0.260.730.85
0.890.840.980.970.880.93-0.48-0.880.880.580.870.9-0.50.930.960.670.490.080.690.210.920.990.150.990.87
0.310.690.390.440.050.53-0.29-0.30.650.380.380.0-0.190.180.320.19-0.350.990.550.210.190.32-0.920.310.33
0.990.80.870.890.990.89-0.76-0.70.790.830.980.77-0.411.00.90.480.190.070.870.920.190.930.170.910.93
0.920.90.970.980.880.97-0.53-0.870.920.640.910.87-0.480.940.970.610.420.180.760.990.320.930.040.990.92
0.05-0.39-0.03-0.080.31-0.190.030.02-0.33-0.11-0.030.280.060.180.010.030.45-0.96-0.260.15-0.920.170.040.06-0.03
0.90.880.980.980.860.96-0.51-0.870.920.610.880.86-0.460.920.950.640.430.170.730.990.310.910.990.060.87
0.940.870.850.870.890.92-0.65-0.770.820.770.930.8-0.530.930.930.480.230.220.850.870.330.930.92-0.030.87
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Aurora Innovation Account Relationship Matchups

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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.