ABM Common Stock Shares Outstanding vs Total Current Assets Analysis

ABM Stock  USD 52.92  0.25  0.47%   
ABM Industries financial indicator trend analysis is way more than just evaluating ABM Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABM Industries is a good investment. Please check the relationship between ABM Industries Common Stock Shares Outstanding and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Common Stock Shares Outstanding vs Total Current Assets

Common Stock Shares Outstanding vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABM Industries Common Stock Shares Outstanding account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between ABM Industries' Common Stock Shares Outstanding and Total Current Assets is 0.71. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of ABM Industries Incorporated, assuming nothing else is changed. The correlation between historical values of ABM Industries' Common Stock Shares Outstanding and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of ABM Industries Incorporated are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., ABM Industries' Common Stock Shares Outstanding and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from ABM Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABM Industries 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 ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, ABM Industries' Selling General Administrative is very stable compared to the past year. As of the 17th of February 2025, Discontinued Operations is likely to grow to about 94.5 K, while Enterprise Value Over EBITDA is likely to drop 6.96.
 2022 2023 2024 2025 (projected)
Interest Expense82.3M85M97.8M102.6M
Depreciation And Amortization120.7M106.6M122.6M128.7M

ABM Industries fundamental ratios Correlations

0.960.740.980.990.940.950.940.191.00.50.190.980.710.990.440.720.811.00.860.98-0.320.820.980.050.7
0.960.70.930.930.910.980.880.140.970.390.140.940.590.980.420.650.770.970.870.93-0.350.820.920.040.59
0.740.70.790.680.750.690.780.140.720.660.140.760.360.730.30.790.360.760.790.78-0.090.450.72-0.390.39
0.980.930.790.960.950.920.940.20.980.630.20.970.680.950.420.770.760.980.870.97-0.280.760.98-0.070.64
0.990.930.680.960.920.910.940.230.980.490.230.970.780.960.460.690.840.970.820.98-0.280.810.990.090.77
0.940.910.750.950.920.860.850.440.930.590.440.890.650.920.40.760.790.940.860.93-0.310.740.93-0.10.59
0.950.980.690.920.910.860.870.00.960.360.00.940.550.980.360.650.730.970.860.9-0.410.830.890.090.55
0.940.880.780.940.940.850.870.10.910.640.10.980.650.910.410.750.610.930.910.98-0.180.610.94-0.070.66
0.190.140.140.20.230.440.00.10.170.221.00.070.350.150.180.230.40.170.120.240.030.120.25-0.120.31
1.00.970.720.980.980.930.960.910.170.460.170.970.70.990.430.70.841.00.840.96-0.350.860.970.080.69
0.50.390.660.630.490.590.360.640.220.460.220.550.320.410.080.740.140.50.630.580.20.030.55-0.470.22
0.190.140.140.20.230.440.00.11.00.170.220.070.350.150.180.230.40.170.120.240.030.120.25-0.120.31
0.980.940.760.970.970.890.940.980.070.970.550.070.670.970.420.730.710.980.90.98-0.270.740.970.020.67
0.710.590.360.680.780.650.550.650.350.70.320.350.670.650.40.430.780.670.40.71-0.010.670.750.180.97
0.990.980.730.950.960.920.980.910.150.990.410.150.970.650.420.680.80.990.870.96-0.360.840.950.090.66
0.440.420.30.420.460.40.360.410.180.430.080.180.420.40.42-0.170.450.430.290.46-0.410.40.490.310.45
0.720.650.790.770.690.760.650.750.230.70.740.230.730.430.68-0.170.410.720.780.740.070.40.7-0.470.37
0.810.770.360.760.840.790.730.610.40.840.140.40.710.780.80.450.410.790.480.75-0.370.930.820.330.75
1.00.970.760.980.970.940.970.930.171.00.50.170.980.670.990.430.720.790.880.98-0.330.820.970.030.66
0.860.870.790.870.820.860.860.910.120.840.630.120.90.40.870.290.780.480.880.89-0.350.490.83-0.180.39
0.980.930.780.970.980.930.90.980.240.960.580.240.980.710.960.460.740.750.980.89-0.250.720.99-0.010.71
-0.32-0.35-0.09-0.28-0.28-0.31-0.41-0.180.03-0.350.20.03-0.27-0.01-0.36-0.410.07-0.37-0.33-0.35-0.25-0.41-0.27-0.270.0
0.820.820.450.760.810.740.830.610.120.860.030.120.740.670.840.40.40.930.820.490.72-0.410.780.330.68
0.980.920.720.980.990.930.890.940.250.970.550.250.970.750.950.490.70.820.970.830.99-0.270.780.030.74
0.050.04-0.39-0.070.09-0.10.09-0.07-0.120.08-0.47-0.120.020.180.090.31-0.470.330.03-0.18-0.01-0.270.330.030.25
0.70.590.390.640.770.590.550.660.310.690.220.310.670.970.660.450.370.750.660.390.710.00.680.740.25
Click cells to compare fundamentals

ABM Industries Account Relationship Matchups

ABM Industries fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4B4.9B4.9B5.1B5.9B6.2B
Short Long Term Debt Total1.0B1.4B1.4B1.5B1.7B1.8B
Other Current Liab791.9M612.2M546.7M841.2M967.4M1.0B
Total Current Liabilities1.3B1.4B1.2B1.3B1.6B1.6B
Total Stockholder Equity1.6B1.7B1.8B1.8B2.0B2.2B
Property Plant And Equipment Net238.4M240.6M244.9M251.9M289.7M304.2M
Net Debt969.8M1.3B1.4B1.4B1.6B1.7B
Retained Earnings880.2M1.1B1.2B1.3B1.5B1.5B
Non Current Assets Total3.0B3.3B3.2B3.3B3.8B4.0B
Non Currrent Assets Other131.1M151.6M118.6M167.5M192.6M202.3M
Net Receivables1.2B1.4B1.5B1.5B1.8B1.9B
Common Stock Shares Outstanding68M67.5M66.3M63.6M73.1M53.6M
Liabilities And Stockholders Equity4.4B4.9B4.9B5.1B5.9B6.2B
Non Current Liabilities Total1.5B1.8B1.9B2.0B2.3B2.4B
Inventory85.4M88.7M82.1M78.5M90.3M94.8M
Other Current Assets148.8M133.7M137M177.9M204.6M214.8M
Other Stockholder Equity750.8M675.5M558.9M527.4M606.5M636.8M
Total Liab2.8B3.2B3.1B3.3B3.8B4.0B
Property Plant And Equipment Gross238.4M240.6M571.4M603.2M693.7M728.4M
Total Current Assets1.4B1.6B1.7B1.8B2.1B2.2B
Accumulated Other Comprehensive Income(22.5M)(16.2M)(9.2M)(19.1M)(22.0M)(23.1M)
Short Term Debt68.2M214.6M64M58.2M66.9M54.7M
Intangible Assets424.8M378.5M302.9M282.4M324.8M341.0M
Accounts Payable289.4M315.5M299.1M324.3M372.9M391.6M
Current Deferred Revenue136.3M46.3M231.3M63.7M73.3M69.6M
Other Liab537M571.8M601.3M526.2M605.1M364.0M
Long Term Debt852.8M1.1B1.3B1.3B1.5B1.6B
Property Plant Equipment276.8M238.4M240.6M244.9M281.6M295.7M
Good Will2.2B2.5B2.5B2.6B3.0B3.1B
Net Tangible Assets(410.8M)(1.0B)1.3B(994.3M)(894.9M)(850.1M)
Long Term Debt Total744.2M605.8M852.8M1.1B1.2B1.3B
Capital Surpluse708.9M724.1M750.9M675.5M776.8M519.1M

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When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Dividend Share
0.9
Earnings Share
1.28
Revenue Per Share
132.269
Quarterly Revenue Growth
0.04
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.