Aberforth Cash And Short Term Investments vs Total Assets 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 Short Term Investments and its Total Assets 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 And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberforth Smaller Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aberforth Smaller's Cash And Short Term Investments and Total Assets is -0.64. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets 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 Short Term Investments and Total 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 Cash And Short Term Investments of Aberforth Smaller Companies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Aberforth Smaller's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Aberforth Smaller balance sheet. This account contains Aberforth Smaller investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Aberforth Smaller Companies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Assets
Total assets refers to the total amount of Aberforth Smaller assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aberforth Smaller books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.