Aberforth Net Debt vs Inventory 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 Net Debt and its Inventory 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.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberforth Smaller Net Debt account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aberforth Smaller's Net Debt and Inventory is -0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory 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 Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Aberforth Smaller Companies are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Aberforth Smaller's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

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
 2021 2022 2023 2024 (projected)
Research Development4.391.420.850.81
Interest Income108K7K91K86.5K

Aberforth Smaller fundamental ratios Correlations

1.0-0.820.470.15-0.590.180.06-0.170.170.521.0-0.94-0.640.43-0.40.020.390.13-0.630.070.05-0.140.080.170.62
1.0-0.810.430.16-0.590.10.07-0.150.160.460.99-0.94-0.630.47-0.380.030.330.16-0.610.0-0.01-0.110.080.180.62
-0.82-0.81-0.47-0.150.84-0.28-0.180.09-0.09-0.58-0.80.810.9-0.480.42-0.1-0.39-0.140.910.0-0.020.03-0.16-0.19-0.33
0.470.43-0.47-0.15-0.140.55-0.35-0.090.090.670.48-0.55-0.25-0.2-0.6-0.40.64-0.23-0.310.450.69-0.350.180.06-0.08
0.150.16-0.15-0.15-0.23-0.20.32-0.430.43-0.090.14-0.1-0.190.10.240.3-0.140.43-0.19-0.21-0.330.07-0.160.210.17
-0.59-0.590.84-0.14-0.23-0.07-0.60.09-0.09-0.19-0.540.460.99-0.60.01-0.530.04-0.210.970.230.25-0.21-0.13-0.19-0.26
0.180.1-0.280.55-0.2-0.07-0.37-0.130.130.830.18-0.26-0.18-0.32-0.57-0.40.83-0.29-0.250.880.78-0.44-0.03-0.080.0
0.060.07-0.18-0.350.32-0.6-0.370.03-0.03-0.4-0.010.22-0.480.210.760.98-0.530.03-0.46-0.39-0.690.350.20.30.01
-0.17-0.150.09-0.09-0.430.09-0.130.03-1.0-0.2-0.170.120.070.07-0.07-0.08-0.20.090.08-0.21-0.06-0.320.22-0.1-0.33
0.170.16-0.090.090.43-0.090.13-0.03-1.00.20.17-0.12-0.07-0.070.070.080.2-0.08-0.080.210.060.32-0.220.10.33
0.520.46-0.580.67-0.09-0.190.83-0.4-0.20.20.53-0.61-0.31-0.2-0.69-0.440.97-0.21-0.380.750.62-0.380.060.060.19
1.00.99-0.80.480.14-0.540.18-0.01-0.170.170.53-0.96-0.590.42-0.45-0.060.410.13-0.580.080.08-0.170.070.160.62
-0.94-0.940.81-0.55-0.10.46-0.260.220.12-0.12-0.61-0.960.55-0.430.630.27-0.5-0.140.54-0.09-0.190.23-0.06-0.12-0.53
-0.64-0.630.9-0.25-0.190.99-0.18-0.480.07-0.07-0.31-0.590.55-0.580.14-0.41-0.08-0.180.990.150.14-0.14-0.12-0.18-0.25
0.430.47-0.48-0.20.1-0.6-0.320.210.07-0.07-0.20.42-0.43-0.58-0.140.17-0.360.48-0.49-0.59-0.370.210.120.090.21
-0.4-0.380.42-0.60.240.01-0.570.76-0.070.07-0.69-0.450.630.14-0.140.82-0.68-0.170.16-0.39-0.70.40.120.2-0.07
0.020.03-0.1-0.40.3-0.53-0.40.98-0.080.08-0.44-0.060.27-0.410.170.82-0.55-0.03-0.38-0.37-0.70.410.160.280.06
0.390.33-0.390.64-0.140.040.83-0.53-0.20.20.970.41-0.5-0.08-0.36-0.68-0.55-0.27-0.150.830.69-0.430.030.020.14
0.130.16-0.14-0.230.43-0.21-0.290.030.09-0.08-0.210.13-0.14-0.180.48-0.17-0.03-0.27-0.13-0.39-0.09-0.19-0.4-0.480.09
-0.63-0.610.91-0.31-0.190.97-0.25-0.460.08-0.08-0.38-0.580.540.99-0.490.16-0.38-0.15-0.130.080.08-0.11-0.12-0.18-0.23
0.070.00.00.45-0.210.230.88-0.39-0.210.210.750.08-0.090.15-0.59-0.39-0.370.83-0.390.080.74-0.45-0.04-0.080.04
0.05-0.01-0.020.69-0.330.250.78-0.69-0.060.060.620.08-0.190.14-0.37-0.7-0.70.69-0.090.080.74-0.51-0.12-0.37-0.09
-0.14-0.110.03-0.350.07-0.21-0.440.35-0.320.32-0.38-0.170.23-0.140.210.40.41-0.43-0.19-0.11-0.45-0.510.170.50.07
0.080.08-0.160.18-0.16-0.13-0.030.20.22-0.220.060.07-0.06-0.120.120.120.160.03-0.4-0.12-0.04-0.120.170.56-0.28
0.170.18-0.190.060.21-0.19-0.080.3-0.10.10.060.16-0.12-0.180.090.20.280.02-0.48-0.18-0.08-0.370.50.56-0.07
0.620.62-0.33-0.080.17-0.260.00.01-0.330.330.190.62-0.53-0.250.21-0.070.060.140.09-0.230.04-0.090.07-0.28-0.07
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Aberforth Smaller Account Relationship Matchups

Aberforth Smaller fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.2B1.6B1.3B1.4B998.0M
Total Stockholder Equity1.4B1.1B1.5B1.3B1.3B963.9M
Retained Earnings1.3B1.1B1.4B1.2B1.3B1.3B
Accounts Payable13.9M1.2M905K133K207K196.7K
Cash187K3.0M3.4M1.7M2.7M5.1M
Total Liab13.9M74.1M87.3M75.2M72.1M75.8M
Common Stock895K888K879K853K844K742.1K
Other Current Liab(13.7M)(1.2M)(905K)(75.1M)(207K)(217.4K)
Total Current Liabilities13.9M1.2M905K75.2M512K486.4K
Net Debt13.5M69.9M83.0M73.3M69.1M72.6M
Non Current Assets Total1.4B1.2B1.6B1.3B1.4B1.1B
Non Currrent Assets Other(1.4B)(1.2B)(1.6B)(1.3B)(1.4B)(1.4B)
Cash And Short Term Investments187K3.0M3.4M1.7M2.7M4.4M
Net Receivables2.8M968K1.9M2.1M2.6M2.6M
Common Stock Total Equity930K906K895K888K799.2K763.6K
Common Stock Shares Outstanding91.5M90.2M89.3M88.5M84.8M75.2M
Liabilities And Stockholders Equity1.4B1.2B1.6B1.3B1.4B1.1B
Non Current Liabilities Total13.7M72.8M86.4M75.2M71.8M75.4M
Other Stockholder Equity949.2M1.4B96.8M83.9M1.3B705.3M
Total Current Assets3.0M3.9M5.3M3.8M5.4M6.1M
Short Long Term Debt Total13.7M72.8M86.4M75.0M71.8M45.9M
Other Current Assets32K29K120K27K68K70.2K
Other Assets1.2B1.4B1.2B1.3B40K38K
Accumulated Other Comprehensive Income102.8M96.8M83.9M50.6M39.0M37.0M
Net Tangible Assets1.4B1.1B1.5B1.3B1.4B1.4B
Long Term Investments1.4B1.2B1.6B1.3B1.4B1.4B
Net Invested Capital1.4B1.2B1.6B1.3B1.4B1.5B
Capital Stock895K888K879K853K844K702K

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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.