Aberforth Cash vs Non Currrent Assets Other Analysis
| ASL Stock | 1,476 6.00 0.40% |
Aberforth Smaller financial indicator trend analysis is way more than just evaluating Aberforth Smaller prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aberforth Smaller is a good investment. Please check the relationship between Aberforth Smaller Cash and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aberforth Smaller Companies. 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 economic analysis.
Cash vs Non Currrent Assets Other
Cash vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberforth Smaller Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aberforth Smaller's Cash and Non Currrent Assets Other is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aberforth Smaller Companies, assuming nothing else is changed. The correlation between historical values of Aberforth Smaller's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Aberforth Smaller Companies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Aberforth Smaller's Cash and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Aberforth Smaller, which is listed under current asset account on Aberforth Smaller Companies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aberforth Smaller customers. The amounts must be unrestricted with restricted cash listed in a different Aberforth Smaller account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Aberforth Smaller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aberforth Smaller 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 Aberforth Smaller Companies. 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 economic analysis. The current year's Selling General Administrative is expected to grow to about 3.5 M. The current year's Tax Provision is expected to grow to about 86.1 K
Aberforth Smaller fundamental ratios Correlations
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Aberforth Smaller Account Relationship Matchups
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Aberforth Smaller fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.4B | 1.2B | 1.6B | 1.3B | 1.4B | 998.0M | |
| Total Stockholder Equity | 1.4B | 1.1B | 1.5B | 1.3B | 1.3B | 963.9M | |
| Retained Earnings | 1.3B | 1.1B | 1.4B | 1.2B | 1.3B | 1.3B | |
| Accounts Payable | 13.9M | 1.2M | 905K | 133K | 207K | 196.7K | |
| Cash | 187K | 3.0M | 3.4M | 1.7M | 2.7M | 5.1M | |
| Total Liab | 13.9M | 74.1M | 87.3M | 75.2M | 72.1M | 75.8M | |
| Common Stock | 895K | 888K | 879K | 853K | 844K | 742.1K | |
| Other Current Liab | (13.7M) | (1.2M) | (905K) | (75.1M) | (207K) | (217.4K) | |
| Total Current Liabilities | 13.9M | 1.2M | 905K | 75.2M | 512K | 486.4K | |
| Net Debt | 13.5M | 69.9M | 83.0M | 73.3M | 69.1M | 72.6M | |
| Non Current Assets Total | 1.4B | 1.2B | 1.6B | 1.3B | 1.4B | 1.1B | |
| Non Currrent Assets Other | (1.4B) | (1.2B) | (1.6B) | (1.3B) | (1.4B) | (1.4B) | |
| Cash And Short Term Investments | 187K | 3.0M | 3.4M | 1.7M | 2.7M | 4.4M | |
| Net Receivables | 2.8M | 968K | 1.9M | 2.1M | 2.6M | 2.6M | |
| Common Stock Total Equity | 930K | 906K | 895K | 888K | 799.2K | 763.6K | |
| Common Stock Shares Outstanding | 91.5M | 90.2M | 89.3M | 88.5M | 84.8M | 75.2M | |
| Liabilities And Stockholders Equity | 1.4B | 1.2B | 1.6B | 1.3B | 1.4B | 1.1B | |
| Non Current Liabilities Total | 13.7M | 72.8M | 86.4M | 75.2M | 71.8M | 75.4M | |
| Other Stockholder Equity | 949.2M | 1.4B | 96.8M | 83.9M | 1.3B | 705.3M | |
| Total Current Assets | 3.0M | 3.9M | 5.3M | 3.8M | 5.4M | 6.1M | |
| Short Long Term Debt Total | 13.7M | 72.8M | 86.4M | 75.0M | 71.8M | 45.9M | |
| Other Current Assets | 32K | 29K | 120K | 27K | 68K | 70.2K | |
| Other Assets | 1.2B | 1.4B | 1.2B | 1.3B | 40K | 38K | |
| Accumulated Other Comprehensive Income | 102.8M | 96.8M | 83.9M | 50.6M | 39.0M | 37.0M | |
| Net Tangible Assets | 1.4B | 1.1B | 1.5B | 1.3B | 1.4B | 1.4B | |
| Long Term Investments | 1.4B | 1.2B | 1.6B | 1.3B | 1.4B | 1.4B | |
| Net Invested Capital | 1.4B | 1.2B | 1.6B | 1.3B | 1.4B | 1.5B | |
| Capital Stock | 895K | 888K | 879K | 853K | 844K | 702K |
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Balance Sheet is a snapshot of the financial position of Aberforth Smaller at a specified time, usually calculated after every quarter, six months, or one year. Aberforth Smaller Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aberforth Smaller and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aberforth currently owns. An asset can also be divided into two categories, current and non-current.