Advanced Total Revenue vs Selling And Marketing Expenses Analysis

ABV Stock   0.08  0  1.22%   
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 Total Revenue and its Selling And Marketing Expenses 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.

Total Revenue vs Selling And Marketing Expenses

Total Revenue vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Braking Tec Total Revenue account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Advanced Braking's Total Revenue and Selling And Marketing Expenses is 0.68. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling And Marketing Expenses 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 Total Revenue and Selling And Marketing Expenses 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 Revenue of Advanced Braking Technology are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Total Revenue i.e., Advanced Braking's Total Revenue and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Advanced Braking Tec generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling And Marketing Expenses

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 4.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.2 M in 2024.
 2021 2023 2024 (projected)
Interest Expense85K139K172.8K
Depreciation And Amortization267K387K599.4K

Advanced Braking fundamental ratios Correlations

0.180.770.130.890.2-0.19-0.46-0.240.850.870.860.75-0.59-0.340.040.01-0.060.130.320.160.290.81-0.710.850.59
0.180.450.51-0.04-0.31-0.640.68-0.320.230.340.230.48-0.48-0.550.5-0.460.290.84-0.46-0.290.630.36-0.510.41-0.37
0.770.450.30.69-0.19-0.57-0.11-0.490.670.910.670.98-0.84-0.420.0-0.360.070.24-0.19-0.160.590.88-0.890.90.21
0.130.510.3-0.07-0.18-0.730.450.130.00.140.00.34-0.1-0.05-0.27-0.14-0.10.59-0.32-0.140.780.13-0.160.150.0
0.89-0.040.69-0.070.39-0.01-0.64-0.30.770.830.770.66-0.62-0.14-0.130.23-0.19-0.190.520.380.180.73-0.690.760.75
0.2-0.31-0.19-0.180.390.57-0.480.450.2-0.10.2-0.280.280.570.090.93-0.67-0.110.850.89-0.42-0.280.25-0.210.67
-0.19-0.64-0.57-0.73-0.010.57-0.560.52-0.03-0.47-0.02-0.650.530.480.280.6-0.37-0.380.640.62-0.95-0.520.54-0.490.3
-0.460.68-0.110.45-0.64-0.48-0.56-0.16-0.54-0.23-0.54-0.050.03-0.290.23-0.460.410.58-0.62-0.540.45-0.150.06-0.18-0.69
-0.24-0.32-0.490.13-0.30.450.52-0.16-0.14-0.62-0.13-0.560.770.70.150.56-0.680.210.290.53-0.51-0.690.72-0.640.17
0.850.230.670.00.770.2-0.03-0.54-0.140.711.00.63-0.56-0.310.270.0-0.140.220.230.280.130.64-0.650.730.45
0.870.340.910.140.83-0.1-0.47-0.23-0.620.710.710.93-0.89-0.56-0.06-0.30.220.060.05-0.150.550.98-0.950.980.4
0.860.230.670.00.770.2-0.02-0.54-0.131.00.710.62-0.55-0.30.270.01-0.150.220.230.290.120.64-0.640.730.46
0.750.480.980.340.66-0.28-0.65-0.05-0.560.630.930.62-0.86-0.48-0.07-0.440.150.21-0.26-0.270.680.92-0.910.930.15
-0.59-0.48-0.84-0.1-0.620.280.530.030.77-0.56-0.89-0.55-0.860.67-0.020.47-0.36-0.090.150.28-0.59-0.90.98-0.9-0.17
-0.34-0.55-0.42-0.05-0.140.570.48-0.290.7-0.31-0.56-0.3-0.480.67-0.230.74-0.85-0.260.310.61-0.46-0.680.68-0.660.16
0.040.50.0-0.27-0.130.090.280.230.150.27-0.060.27-0.07-0.02-0.23-0.080.050.62-0.030.11-0.34-0.07-0.050.01-0.25
0.01-0.46-0.36-0.140.230.930.6-0.460.560.0-0.30.01-0.440.470.74-0.08-0.73-0.220.810.9-0.46-0.460.45-0.420.6
-0.060.290.07-0.1-0.19-0.67-0.370.41-0.68-0.140.22-0.150.15-0.36-0.850.05-0.730.0-0.4-0.750.290.38-0.340.31-0.36
0.130.840.240.59-0.19-0.11-0.380.580.210.220.060.220.21-0.09-0.260.62-0.220.0-0.33-0.060.350.05-0.160.12-0.26
0.32-0.46-0.19-0.320.520.850.64-0.620.290.230.050.23-0.260.150.31-0.030.81-0.4-0.330.76-0.44-0.070.12-0.050.84
0.16-0.29-0.16-0.140.380.890.62-0.540.530.28-0.150.29-0.270.280.610.110.9-0.75-0.060.76-0.43-0.320.23-0.240.63
0.290.630.590.780.18-0.42-0.950.45-0.510.130.550.120.68-0.59-0.46-0.34-0.460.290.35-0.44-0.430.57-0.610.55-0.08
0.810.360.880.130.73-0.28-0.52-0.15-0.690.640.980.640.92-0.9-0.68-0.07-0.460.380.05-0.07-0.320.57-0.950.990.28
-0.71-0.51-0.89-0.16-0.690.250.540.060.72-0.65-0.95-0.64-0.910.980.68-0.050.45-0.34-0.160.120.23-0.61-0.95-0.96-0.22
0.850.410.90.150.76-0.21-0.49-0.18-0.640.730.980.730.93-0.9-0.660.01-0.420.310.12-0.05-0.240.550.99-0.960.3
0.59-0.370.210.00.750.670.3-0.690.170.450.40.460.15-0.170.16-0.250.6-0.36-0.260.840.63-0.080.28-0.220.3
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Advanced Braking Account Relationship Matchups

Advanced Braking fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0M6.8M7.7M11.0M12.8M6.5M
Short Long Term Debt Total527K689K191K1.4M1.4M1.3M
Other Current Liab651K311K688K768K644K710.0K
Total Stockholder Equity4.0M4.7M5.3M6.9M8.9M9.3M
Property Plant And Equipment Net779K872K383K2.0M1.9M2.0M
Current Deferred Revenue(449K)(338K)(192K)(264K)218K228.9K
Net Debt11K(722K)(1.5M)(668K)(977K)(928.2K)
Accounts Payable771K1.1M1.4M1.8M1.9M957.5K
Cash516K1.4M1.7M2.0M2.4M1.6M
Non Current Assets Total1.5M1.5M926K2.5M2.3M2.8M
Cash And Short Term Investments516K1.4M1.7M2.0M2.5M1.6M
Common Stock Shares Outstanding349.1M410.1M413.9M404.6M411.3M431.8M
Liabilities And Stockholders Equity6.0M6.8M7.7M11.0M12.8M6.5M
Non Current Liabilities Total486K424.0K6K1.1M1.1M621.5K
Inventory2.0M1.8M2.2M3.4M3.6M3.8M
Other Stockholder Equity1.0(4.4M)(5.1M)(6.6M)(5.9M)(5.6M)
Total Liab2.0M2.1M2.3M4.0M4.0M2.5M
Property Plant And Equipment Gross779K872K1.1M3.2M3.2M3.4M
Total Current Assets4.5M5.4M6.7M8.5M10.6M11.1M
Accumulated Other Comprehensive Income169.0K278K237K371K450K472.5K
Short Term Debt55K283K191K264K402K595.8K
Intangible Assets671K607K543K480K416K395.2K
Common Stock52.8M54.2M55.8M55.8M56.0M45.6M
Retained Earnings(52.0M)(51.4M)(50.7M)(49.3M)(47.6M)(49.9M)
Non Currrent Assets Other(1.5M)(1.5M)(926K)1.0999.01.0K
Net Receivables1.8M1.9M2.4M2.4M3.9M4.1M
Other Current Assets194K231K356K577K538K502.3K
Property Plant Equipment778K872K383K2.0M2.3M2.4M
Other Liab14K18K6K34K30.6K29.1K
Net Tangible Assets3.3M4.1M4.8M6.4M7.4M7.8M
Short Long Term Debt55K283K191K223K286K271.7K
Capital Lease Obligations79K504K406K1.2M1.1M1.2M
Long Term Debt Total472K406K0.01.1M1.0M1.1M
Net Invested Capital4.0M5.4M5.5M7.2M9.2M6.1M
Cash And Equivalents516K1.4M1.7M2.0M2.4M1.4M

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