Advanced Good Will vs Accounts Payable Analysis

ABV Stock

0.09 0 1.12%

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 Good Will and its Accounts Payable 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.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Braking Tec Good Will account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Advanced Braking's Good Will and Accounts Payable is -0.49. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable 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 Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Advanced Braking Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Advanced Braking's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Advanced Braking obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Advanced Braking Tec are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Expense	139K	159.9K	172.8K
Depreciation And Amortization	387K	348.3K	599.4K

Interest Expense Depreciation And Amortization

Advanced Braking fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Retained Earnings	Non Currrent Assets Other
Total Assets		0.18	0.75	0.14	0.97	0.24	-0.14	-0.48	-0.18	0.86	0.84	0.86	0.73	-0.56	-0.24	0.07	0.08	-0.13	0.15	0.33	0.2	0.26	0.76	-0.58	0.83	0.61
Short Long Term Debt Total	0.18		0.45	0.51	-0.02	-0.25	-0.62	0.67	-0.26	0.23	0.34	0.23	0.47	-0.46	-0.48	0.49	-0.37	0.26	0.84	-0.41	-0.21	0.62	0.35	-0.47	0.4	-0.34
Other Current Liab	0.75	0.45		0.3	0.69	-0.19	-0.56	-0.1	-0.4	0.61	0.91	0.61	0.98	-0.84	-0.4	-0.01	-0.32	0.09	0.23	-0.2	-0.16	0.59	0.88	-0.85	0.9	0.18
Total Current Liabilities	0.14	0.51	0.3		0.0	-0.13	-0.69	0.43	0.05	0.03	0.14	0.03	0.33	-0.11	-0.03	-0.25	-0.1	-0.13	0.59	-0.27	-0.08	0.76	0.12	-0.12	0.13	0.02
Total Stockholder Equity	0.97	-0.02	0.69	0.0		0.25	-0.06	-0.61	-0.2	0.8	0.83	0.8	0.68	-0.55	-0.19	-0.08	0.11	-0.12	-0.1	0.4	0.2	0.18	0.76	-0.56	0.81	0.66
Property Plant And Equipment Net	0.24	-0.25	-0.19	-0.13	0.25		0.6	-0.48	0.75	0.29	-0.12	0.3	-0.27	0.31	0.67	0.15	0.95	-0.72	-0.06	0.88	0.92	-0.41	-0.31	0.35	-0.13	0.7
Current Deferred Revenue	-0.14	-0.62	-0.56	-0.69	-0.06	0.6		-0.57	0.61	0.05	-0.47	0.05	-0.65	0.55	0.52	0.31	0.62	-0.42	-0.34	0.66	0.62	-0.95	-0.53	0.57	-0.45	0.35
Net Debt	-0.48	0.67	-0.1	0.43	-0.61	-0.48	-0.57		-0.27	-0.56	-0.22	-0.56	-0.04	0.01	-0.32	0.19	-0.46	0.43	0.55	-0.61	-0.5	0.46	-0.13	0.0	-0.2	-0.7
Accounts Payable	-0.18	-0.26	-0.4	0.05	-0.2	0.75	0.61	-0.27		0.03	-0.5	0.04	-0.49	0.57	0.85	0.16	0.82	-0.82	0.1	0.58	0.85	-0.46	-0.65	0.61	-0.48	0.42
Cash	0.86	0.23	0.61	0.03	0.8	0.29	0.05	-0.56	0.03		0.65	1.0	0.57	-0.46	-0.15	0.3	0.14	-0.24	0.24	0.31	0.36	0.08	0.56	-0.46	0.71	0.5
Non Current Assets Total	0.84	0.34	0.91	0.14	0.83	-0.12	-0.47	-0.22	-0.5	0.65		0.64	0.93	-0.9	-0.52	-0.07	-0.28	0.22	0.05	0.02	-0.15	0.55	0.98	-0.91	0.98	0.36
Cash And Short Term Investments	0.86	0.23	0.61	0.03	0.8	0.3	0.05	-0.56	0.04	1.0	0.64		0.57	-0.45	-0.14	0.31	0.15	-0.25	0.24	0.32	0.37	0.08	0.56	-0.45	0.7	0.51
Good Will	0.73	0.47	0.98	0.33	0.68	-0.27	-0.65	-0.04	-0.49	0.57	0.93	0.57		-0.86	-0.46	-0.08	-0.41	0.17	0.2	-0.26	-0.25	0.68	0.91	-0.87	0.92	0.13
Common Stock Total Equity	-0.56	-0.46	-0.84	-0.11	-0.55	0.31	0.55	0.01	0.57	-0.46	-0.9	-0.45	-0.86		0.64	0.02	0.45	-0.39	-0.09	0.19	0.29	-0.6	-0.9	1.0	-0.89	-0.11
Common Stock Shares Outstanding	-0.24	-0.48	-0.4	-0.03	-0.19	0.67	0.52	-0.32	0.85	-0.15	-0.52	-0.14	-0.46	0.64		-0.14	0.8	-0.87	-0.21	0.45	0.71	-0.45	-0.66	0.68	-0.56	0.28
Non Current Liabilities Total	0.07	0.49	-0.01	-0.25	-0.08	0.15	0.31	0.19	0.16	0.3	-0.07	0.31	-0.08	0.02	-0.14		0.01	-0.02	0.63	0.03	0.17	-0.36	-0.09	0.02	0.01	-0.19
Inventory	0.08	-0.37	-0.32	-0.1	0.11	0.95	0.62	-0.46	0.82	0.14	-0.28	0.15	-0.41	0.45	0.8	0.01		-0.77	-0.15	0.85	0.93	-0.44	-0.46	0.5	-0.3	0.64
Other Stockholder Equity	-0.13	0.26	0.09	-0.13	-0.12	-0.72	-0.42	0.43	-0.82	-0.24	0.22	-0.25	0.17	-0.39	-0.87	-0.02	-0.77		-0.05	-0.5	-0.77	0.32	0.4	-0.42	0.25	-0.44
Total Liab	0.15	0.84	0.23	0.59	-0.1	-0.06	-0.34	0.55	0.1	0.24	0.05	0.24	0.2	-0.09	-0.21	0.63	-0.15	-0.05		-0.26	-0.01	0.33	0.03	-0.11	0.11	-0.21
Property Plant And Equipment Gross	0.33	-0.41	-0.2	-0.27	0.4	0.88	0.66	-0.61	0.58	0.31	0.02	0.32	-0.26	0.19	0.45	0.03	0.85	-0.5	-0.26		0.81	-0.44	-0.13	0.22	0.0	0.85
Total Current Assets	0.2	-0.21	-0.16	-0.08	0.2	0.92	0.62	-0.5	0.85	0.36	-0.15	0.37	-0.25	0.29	0.71	0.17	0.93	-0.77	-0.01	0.81		-0.4	-0.33	0.34	-0.13	0.65
Short Term Debt	0.26	0.62	0.59	0.76	0.18	-0.41	-0.95	0.46	-0.46	0.08	0.55	0.08	0.68	-0.6	-0.45	-0.36	-0.44	0.32	0.33	-0.44	-0.4		0.58	-0.61	0.54	-0.11
Intangible Assets	0.76	0.35	0.88	0.12	0.76	-0.31	-0.53	-0.13	-0.65	0.56	0.98	0.56	0.91	-0.9	-0.66	-0.09	-0.46	0.4	0.03	-0.13	-0.33	0.58		-0.92	0.97	0.22
Common Stock	-0.58	-0.47	-0.85	-0.12	-0.56	0.35	0.57	0.0	0.61	-0.46	-0.91	-0.45	-0.87	1.0	0.68	0.02	0.5	-0.42	-0.11	0.22	0.34	-0.61	-0.92		-0.9	-0.09
Retained Earnings	0.83	0.4	0.9	0.13	0.81	-0.13	-0.45	-0.2	-0.48	0.71	0.98	0.7	0.92	-0.89	-0.56	0.01	-0.3	0.25	0.11	0.0	-0.13	0.54	0.97	-0.9		0.33
Non Currrent Assets Other	0.61	-0.34	0.18	0.02	0.66	0.7	0.35	-0.7	0.42	0.5	0.36	0.51	0.13	-0.11	0.28	-0.19	0.64	-0.44	-0.21	0.85	0.65	-0.11	0.22	-0.09	0.33

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Advanced Braking Account Relationship Matchups

Advanced Braking fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.8M	7.7M	11.0M	12.8M	11.5M	6.5M
Short Long Term Debt Total	689K	191K	1.4M	1.4M	1.6M	1.3M
Other Current Liab	311K	688K	768K	644K	579.6K	710.0K
Total Current Liabilities	1.7M	2.3M	2.9M	2.9M	2.6M	2.0M
Total Stockholder Equity	4.7M	5.3M	6.9M	8.9M	8.0M	4.0M
Property Plant And Equipment Net	872K	383K	2.0M	1.9M	2.1M	2.2M
Current Deferred Revenue	(338K)	(192K)	(264K)	218K	250.7K	263.2K
Net Debt	(722K)	(1.5M)	(668K)	(977K)	(879.3K)	(835.3K)
Accounts Payable	1.1M	1.4M	1.8M	1.9M	2.1M	2.2M
Cash	1.4M	1.7M	2.0M	2.4M	2.8M	1.6M
Non Current Assets Total	1.5M	926K	2.5M	2.3M	2.0M	2.8M
Cash And Short Term Investments	1.4M	1.7M	2.0M	2.5M	2.8M	1.6M
Common Stock Shares Outstanding	410.1M	413.9M	404.6M	411.3M	473.0M	496.6M
Liabilities And Stockholders Equity	6.8M	7.7M	11.0M	12.8M	11.5M	6.5M
Non Current Liabilities Total	424.0K	6K	1.1M	1.1M	1.2M	621.5K
Inventory	1.8M	2.2M	3.4M	3.6M	4.2M	4.4M
Other Stockholder Equity	1.0	(4.4M)	(5.1M)	(6.6M)	(5.9M)	(5.6M)
Total Liab	2.1M	2.3M	4.0M	4.0M	3.6M	2.5M
Property Plant And Equipment Gross	872K	1.1M	3.2M	3.2M	3.7M	3.9M
Total Current Assets	5.4M	6.7M	8.5M	10.6M	12.1M	12.7M
Accumulated Other Comprehensive Income	278K	237K	371K	450K	405K	425.3K
Short Term Debt	283K	191K	264K	402K	361.8K	595.8K
Intangible Assets	607K	543K	480K	416K	374.4K	355.7K
Retained Earnings	(51.4M)	(50.7M)	(49.3M)	(47.6M)	(42.8M)	(44.9M)
Non Currrent Assets Other	(1.5M)	(926K)	1.0	999.0	899.1	944.06
Net Receivables	1.9M	2.4M	2.4M	3.9M	4.5M	4.8M
Other Current Assets	231K	356K	577K	538K	618.7K	502.3K
Property Plant Equipment	778K	872K	383K	2.0M	2.3M	2.4M
Other Liab	14K	18K	6K	34K	30.6K	29.1K
Net Tangible Assets	3.3M	4.1M	4.8M	6.4M	7.4M	7.8M
Short Long Term Debt	283K	191K	223K	286K	257.4K	244.5K
Capital Lease Obligations	504K	406K	1.2M	1.1M	1.3M	1.4M
Long Term Debt Total	472K	406K	0.0	1.1M	1.0M	1.1M
Net Invested Capital	5.4M	5.5M	7.2M	9.2M	10.5M	6.1M
Cash And Equivalents	516K	1.4M	1.7M	2.0M	2.4M	1.4M

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