ACORN Working Capital vs Invested Capital Analysis

ACORN INTERNATIONAL financial indicator trend analysis is way more than just evaluating ACORN INTERNATIONAL INC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACORN INTERNATIONAL INC is a good investment. Please check the relationship between ACORN INTERNATIONAL Working Capital and its Invested Capital accounts. Check out Trending Equities.

Working Capital vs Invested Capital

Working Capital vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACORN INTERNATIONAL INC Working Capital account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ACORN INTERNATIONAL's Working Capital and Invested Capital is -0.02. Overlapping area represents the amount of variation of Working Capital that can explain the historical movement of Invested Capital in the same time period over historical financial statements of ACORN INTERNATIONAL INC, assuming nothing else is changed. The correlation between historical values of ACORN INTERNATIONAL's Working Capital and Invested 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 Working Capital of ACORN INTERNATIONAL INC are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Working Capital i.e., ACORN INTERNATIONAL's Working Capital and Invested Capital go up and down completely randomly.

Correlation Coefficient

Relationship DirectionNegative 
Relationship StrengthInsignificant

Working Capital

Working capital measures the difference between Current Assets and Current Liabilities.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to ACORN INTERNATIONAL INC. There are two different methods for calculating ACORN INTERNATIONAL INC invested capital: operating approach and financing approach. Understanding ACORN INTERNATIONAL invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.
Most indicators from ACORN INTERNATIONAL fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACORN INTERNATIONAL INC 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.ACORN INTERNATIONAL Net Loss Income from Discontinued Operations is fairly stable at the moment as compared to the past year. ACORN INTERNATIONAL reported Net Loss Income from Discontinued Operations of 954,978 in 2021. Selling General and Administrative Expense is likely to climb to about 25.4 M in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (1.9 M) in 2022.
 2021 2022 (projected)
Interest Expense85.587.75
Gross Profit24.31 M37.42 M

ACORN INTERNATIONAL fundamental ratios Correlations

Click cells to compare fundamentals

ACORN INTERNATIONAL Account Relationship Matchups

ACORN INTERNATIONAL fundamental ratios Accounts

201720182019202020212022 (projected)
Accumulated Other Comprehensive Income80.87 M60.97 M56.51 M45.64 M52.48 M60.04 M
Total Assets132.73 M100.91 M90.14 M80.16 M72.15 M105.91 M
Current Assets33.28 M31.67 M40.33 M46.45 M41.8 M59.99 M
Assets Non Current99.45 M69.23 M49.81 M33.72 M38.78 M39.8 M
Cash and Equivalents25.58 M21.1 M20.22 M13.54 M12.18 M12.5 M
Cash and Equivalents USD25.58 M21.1 M20.22 M13.54 M12.18 M12.5 M
Deferred Revenue380.53 K512.01 K174.83 K68.8 K61.92 K63.55 K
Shareholders Equity99.17 M86.99 M71.67 M66.12 M59.51 M85.52 M
Shareholders Equity USD99.17 M86.99 M71.67 M66.12 M59.51 M85.52 M
Inventory3.98 M1.52 M1.59 M3.04 M2.74 M2.81 M
Investments77.89 M51.7 M52.51 M44.24 M50.88 M55.25 M
Investments Non Current77.89 M48.11 M48.91 M25.68 M29.53 M40.63 M
Total Liabilities33.22 M13.56 M18.13 M13.72 M12.35 M12.68 M
Current Liabilities15.79 M11.61 M17.5 M12.69 M11.42 M16.24 M
Liabilities Non Current17.43 M1.95 M630.57 K1.03 M1.19 M1.22 M
Trade and Non Trade Payables2.61 M2.1 M2.06 M3.17 M2.86 M2.93 M
Property Plant and Equipment Net13.89 M4.04 M660.16 K2.35 M2.11 M2.17 M
Trade and Non Trade Receivables1.27 M1.44 M3.52 M3.61 M3.25 M4.71 M
Accumulated Retained Earnings Deficit(122.91 M)(110.53 M)(79.4 M)(69.56 M)(62.61 M)(67.55 M)
Tax Liabilities3.67 M2.31 M2.73 M1.65 M1.48 M1.76 M

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Our tools can tell you how much better you can do entering a position in ACORN INTERNATIONAL without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 ACORN INTERNATIONAL 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 ACORN INTERNATIONAL will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Autodesk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autodesk 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 Autodesk - 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 Autodesk to buy it.
The correlation of Autodesk is a statistical measure of how it moves in relation to other equities. 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 Autodesk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autodesk 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 Autodesk 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 CorrelationCorrelation Matching
Check out Trending Equities. Note that the ACORN INTERNATIONAL INC information on this page should be used as a complementary analysis to other ACORN INTERNATIONAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for ACORN Stock

When running ACORN INTERNATIONAL INC price analysis, check to measure ACORN INTERNATIONAL'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 ACORN INTERNATIONAL is operating at the current time. Most of ACORN INTERNATIONAL's value examination focuses on studying past and present price action to predict the probability of ACORN INTERNATIONAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ACORN INTERNATIONAL's price. Additionally, you may evaluate how the addition of ACORN INTERNATIONAL to your portfolios can decrease your overall portfolio volatility.
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