Advanced Depreciation And Amortization vs Interest Income Analysis

ABV Stock   0.09  0  2.27%   
Advanced Braking financial indicator trend analysis is way more than just evaluating Advanced Braking Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Braking Tec is a good investment. Please check the relationship between Advanced Braking Depreciation And Amortization and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Braking Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Interest Income

Depreciation And Amortization vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Braking Tec Depreciation And Amortization account and Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Advanced Braking's Depreciation And Amortization and Interest Income is 0.53. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Income in the same time period over historical financial statements of Advanced Braking Technology, assuming nothing else is changed. The correlation between historical values of Advanced Braking's Depreciation And Amortization and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Advanced Braking Technology are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Depreciation And Amortization i.e., Advanced Braking's Depreciation And Amortization and Interest Income go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Advanced Braking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Braking Tec 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 Advanced Braking Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 4.4 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 117.1 K in 2025.
 2023 2024 2025 (projected)
Interest Expense139K159.9K172.8K
Depreciation And Amortization387K348.3K599.4K

Advanced Braking fundamental ratios Correlations

0.180.750.140.970.24-0.14-0.48-0.180.860.840.860.73-0.56-0.240.070.08-0.130.150.330.20.260.76-0.580.830.61
0.180.450.51-0.02-0.25-0.620.67-0.260.230.340.230.47-0.46-0.480.49-0.370.260.84-0.41-0.210.620.35-0.470.4-0.34
0.750.450.30.69-0.19-0.56-0.1-0.40.610.910.610.98-0.84-0.4-0.01-0.320.090.23-0.2-0.160.590.88-0.850.90.18
0.140.510.30.0-0.13-0.690.430.050.030.140.030.33-0.11-0.03-0.25-0.1-0.130.59-0.27-0.080.760.12-0.120.130.02
0.97-0.020.690.00.25-0.06-0.61-0.20.80.830.80.68-0.55-0.19-0.080.11-0.12-0.10.40.20.180.76-0.560.810.66
0.24-0.25-0.19-0.130.250.6-0.480.750.29-0.120.3-0.270.310.670.150.95-0.72-0.060.880.92-0.41-0.310.35-0.130.7
-0.14-0.62-0.56-0.69-0.060.6-0.570.610.05-0.470.05-0.650.550.520.310.62-0.42-0.340.660.62-0.95-0.530.57-0.450.35
-0.480.67-0.10.43-0.61-0.48-0.57-0.27-0.56-0.22-0.56-0.040.01-0.320.19-0.460.430.55-0.61-0.50.46-0.130.0-0.2-0.7
-0.18-0.26-0.40.05-0.20.750.61-0.270.03-0.50.04-0.490.570.850.160.82-0.820.10.580.85-0.46-0.650.61-0.480.42
0.860.230.610.030.80.290.05-0.560.030.651.00.57-0.46-0.150.30.14-0.240.240.310.360.080.56-0.460.710.5
0.840.340.910.140.83-0.12-0.47-0.22-0.50.650.640.93-0.9-0.52-0.07-0.280.220.050.02-0.150.550.98-0.910.980.36
0.860.230.610.030.80.30.05-0.560.041.00.640.57-0.45-0.140.310.15-0.250.240.320.370.080.56-0.450.70.51
0.730.470.980.330.68-0.27-0.65-0.04-0.490.570.930.57-0.86-0.46-0.08-0.410.170.2-0.26-0.250.680.91-0.870.920.13
-0.56-0.46-0.84-0.11-0.550.310.550.010.57-0.46-0.9-0.45-0.860.640.020.45-0.39-0.090.190.29-0.6-0.91.0-0.89-0.11
-0.24-0.48-0.4-0.03-0.190.670.52-0.320.85-0.15-0.52-0.14-0.460.64-0.140.8-0.87-0.210.450.71-0.45-0.660.68-0.560.28
0.070.49-0.01-0.25-0.080.150.310.190.160.3-0.070.31-0.080.02-0.140.01-0.020.630.030.17-0.36-0.090.020.01-0.19
0.08-0.37-0.32-0.10.110.950.62-0.460.820.14-0.280.15-0.410.450.80.01-0.77-0.150.850.93-0.44-0.460.5-0.30.64
-0.130.260.09-0.13-0.12-0.72-0.420.43-0.82-0.240.22-0.250.17-0.39-0.87-0.02-0.77-0.05-0.5-0.770.320.4-0.420.25-0.44
0.150.840.230.59-0.1-0.06-0.340.550.10.240.050.240.2-0.09-0.210.63-0.15-0.05-0.26-0.010.330.03-0.110.11-0.21
0.33-0.41-0.2-0.270.40.880.66-0.610.580.310.020.32-0.260.190.450.030.85-0.5-0.260.81-0.44-0.130.220.00.85
0.2-0.21-0.16-0.080.20.920.62-0.50.850.36-0.150.37-0.250.290.710.170.93-0.77-0.010.81-0.4-0.330.34-0.130.65
0.260.620.590.760.18-0.41-0.950.46-0.460.080.550.080.68-0.6-0.45-0.36-0.440.320.33-0.44-0.40.58-0.610.54-0.11
0.760.350.880.120.76-0.31-0.53-0.13-0.650.560.980.560.91-0.9-0.66-0.09-0.460.40.03-0.13-0.330.58-0.920.970.22
-0.58-0.47-0.85-0.12-0.560.350.570.00.61-0.46-0.91-0.45-0.871.00.680.020.5-0.42-0.110.220.34-0.61-0.92-0.9-0.09
0.830.40.90.130.81-0.13-0.45-0.2-0.480.710.980.70.92-0.89-0.560.01-0.30.250.110.0-0.130.540.97-0.90.33
0.61-0.340.180.020.660.70.35-0.70.420.50.360.510.13-0.110.28-0.190.64-0.44-0.210.850.65-0.110.22-0.090.33
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Advanced Braking Account Relationship Matchups

Advanced Braking fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.8M7.7M11.0M12.8M11.5M6.5M
Short Long Term Debt Total689K191K1.4M1.4M1.6M1.3M
Other Current Liab311K688K768K644K579.6K710.0K
Total Current Liabilities1.7M2.3M2.9M2.9M2.6M2.0M
Total Stockholder Equity4.7M5.3M6.9M8.9M8.0M4.0M
Property Plant And Equipment Net872K383K2.0M1.9M2.1M2.2M
Current Deferred Revenue(338K)(192K)(264K)218K250.7K263.2K
Net Debt(722K)(1.5M)(668K)(977K)(879.3K)(835.3K)
Accounts Payable1.1M1.4M1.8M1.9M2.1M2.2M
Cash1.4M1.7M2.0M2.4M2.8M1.6M
Non Current Assets Total1.5M926K2.5M2.3M2.0M2.8M
Cash And Short Term Investments1.4M1.7M2.0M2.5M2.8M1.6M
Common Stock Shares Outstanding410.1M413.9M404.6M411.3M473.0M496.6M
Liabilities And Stockholders Equity6.8M7.7M11.0M12.8M11.5M6.5M
Non Current Liabilities Total424.0K6K1.1M1.1M1.2M621.5K
Inventory1.8M2.2M3.4M3.6M4.2M4.4M
Other Stockholder Equity1.0(4.4M)(5.1M)(6.6M)(5.9M)(5.6M)
Total Liab2.1M2.3M4.0M4.0M3.6M2.5M
Property Plant And Equipment Gross872K1.1M3.2M3.2M3.7M3.9M
Total Current Assets5.4M6.7M8.5M10.6M12.1M12.7M
Accumulated Other Comprehensive Income278K237K371K450K405K425.3K
Short Term Debt283K191K264K402K361.8K595.8K
Intangible Assets607K543K480K416K374.4K355.7K
Retained Earnings(51.4M)(50.7M)(49.3M)(47.6M)(42.8M)(44.9M)
Non Currrent Assets Other(1.5M)(926K)1.0999.0899.1944.06
Net Receivables1.9M2.4M2.4M3.9M4.5M4.8M
Other Current Assets231K356K577K538K618.7K502.3K
Property Plant Equipment778K872K383K2.0M2.3M2.4M
Other Liab14K18K6K34K30.6K29.1K
Net Tangible Assets3.3M4.1M4.8M6.4M7.4M7.8M
Short Long Term Debt283K191K223K286K257.4K244.5K
Capital Lease Obligations504K406K1.2M1.1M1.3M1.4M
Long Term Debt Total472K406K0.01.1M1.0M1.1M
Net Invested Capital5.4M5.5M7.2M9.2M10.5M6.1M
Cash And Equivalents516K1.4M1.7M2.0M2.4M1.4M

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