Aberforth Current Deferred Revenue vs Accounts Payable 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 Current Deferred Revenue and its Accounts Payable 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.
Current Deferred Revenue vs Accounts Payable
Current Deferred Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberforth Smaller Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Aberforth Smaller's Current Deferred Revenue and Accounts Payable is 0.21. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable 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 Current Deferred Revenue 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 Current Deferred Revenue of Aberforth Smaller Companies 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 Current Deferred Revenue i.e., Aberforth Smaller's Current Deferred Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Accounts Payable
An accounting item on the balance sheet that represents Aberforth Smaller 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 Aberforth Smaller 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 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
Click cells to compare fundamentals
Aberforth Smaller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Aberforth Stock
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.