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 Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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 Development	4.39	1.42	0.85	0.81
Interest Income	108K	7K	91K	86.5K

Research Development Interest Income

Aberforth Smaller fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Total Liab	Common Stock	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Long Term Debt	Inventory	Other Current Assets	Current Deferred Revenue	Other Assets
Total Assets		1.0	-0.82	0.47	0.15	-0.59	0.18	0.06	-0.17	0.17	0.52	1.0	-0.94	-0.64	0.43	-0.4	0.02	0.39	0.13	-0.63	0.07	0.05	-0.14	0.08	0.17	0.62
Total Stockholder Equity	1.0		-0.81	0.43	0.16	-0.59	0.1	0.07	-0.15	0.16	0.46	0.99	-0.94	-0.63	0.47	-0.38	0.03	0.33	0.16	-0.61	0.0	-0.01	-0.11	0.08	0.18	0.62
Other Liab	-0.82	-0.81		-0.47	-0.15	0.84	-0.28	-0.18	0.09	-0.09	-0.58	-0.8	0.81	0.9	-0.48	0.42	-0.1	-0.39	-0.14	0.91	0.0	-0.02	0.03	-0.16	-0.19	-0.33
Retained Earnings	0.47	0.43	-0.47		-0.15	-0.14	0.55	-0.35	-0.09	0.09	0.67	0.48	-0.55	-0.25	-0.2	-0.6	-0.4	0.64	-0.23	-0.31	0.45	0.69	-0.35	0.18	0.06	-0.08
Accounts Payable	0.15	0.16	-0.15	-0.15		-0.23	-0.2	0.32	-0.43	0.43	-0.09	0.14	-0.1	-0.19	0.1	0.24	0.3	-0.14	0.43	-0.19	-0.21	-0.33	0.07	-0.16	0.21	0.17
Cash	-0.59	-0.59	0.84	-0.14	-0.23		-0.07	-0.6	0.09	-0.09	-0.19	-0.54	0.46	0.99	-0.6	0.01	-0.53	0.04	-0.21	0.97	0.23	0.25	-0.21	-0.13	-0.19	-0.26
Total Liab	0.18	0.1	-0.28	0.55	-0.2	-0.07		-0.37	-0.13	0.13	0.83	0.18	-0.26	-0.18	-0.32	-0.57	-0.4	0.83	-0.29	-0.25	0.88	0.78	-0.44	-0.03	-0.08	0.0
Common Stock	0.06	0.07	-0.18	-0.35	0.32	-0.6	-0.37		0.03	-0.03	-0.4	-0.01	0.22	-0.48	0.21	0.76	0.98	-0.53	0.03	-0.46	-0.39	-0.69	0.35	0.2	0.3	0.01
Other Current Liab	-0.17	-0.15	0.09	-0.09	-0.43	0.09	-0.13	0.03		-1.0	-0.2	-0.17	0.12	0.07	0.07	-0.07	-0.08	-0.2	0.09	0.08	-0.21	-0.06	-0.32	0.22	-0.1	-0.33
Total Current Liabilities	0.17	0.16	-0.09	0.09	0.43	-0.09	0.13	-0.03	-1.0		0.2	0.17	-0.12	-0.07	-0.07	0.07	0.08	0.2	-0.08	-0.08	0.21	0.06	0.32	-0.22	0.1	0.33
Net Debt	0.52	0.46	-0.58	0.67	-0.09	-0.19	0.83	-0.4	-0.2	0.2		0.53	-0.61	-0.31	-0.2	-0.69	-0.44	0.97	-0.21	-0.38	0.75	0.62	-0.38	0.06	0.06	0.19
Non Current Assets Total	1.0	0.99	-0.8	0.48	0.14	-0.54	0.18	-0.01	-0.17	0.17	0.53		-0.96	-0.59	0.42	-0.45	-0.06	0.41	0.13	-0.58	0.08	0.08	-0.17	0.07	0.16	0.62
Non Currrent Assets Other	-0.94	-0.94	0.81	-0.55	-0.1	0.46	-0.26	0.22	0.12	-0.12	-0.61	-0.96		0.55	-0.43	0.63	0.27	-0.5	-0.14	0.54	-0.09	-0.19	0.23	-0.06	-0.12	-0.53
Cash And Short Term Investments	-0.64	-0.63	0.9	-0.25	-0.19	0.99	-0.18	-0.48	0.07	-0.07	-0.31	-0.59	0.55		-0.58	0.14	-0.41	-0.08	-0.18	0.99	0.15	0.14	-0.14	-0.12	-0.18	-0.25
Net Receivables	0.43	0.47	-0.48	-0.2	0.1	-0.6	-0.32	0.21	0.07	-0.07	-0.2	0.42	-0.43	-0.58		-0.14	0.17	-0.36	0.48	-0.49	-0.59	-0.37	0.21	0.12	0.09	0.21
Common Stock Total Equity	-0.4	-0.38	0.42	-0.6	0.24	0.01	-0.57	0.76	-0.07	0.07	-0.69	-0.45	0.63	0.14	-0.14		0.82	-0.68	-0.17	0.16	-0.39	-0.7	0.4	0.12	0.2	-0.07
Common Stock Shares Outstanding	0.02	0.03	-0.1	-0.4	0.3	-0.53	-0.4	0.98	-0.08	0.08	-0.44	-0.06	0.27	-0.41	0.17	0.82		-0.55	-0.03	-0.38	-0.37	-0.7	0.41	0.16	0.28	0.06
Non Current Liabilities Total	0.39	0.33	-0.39	0.64	-0.14	0.04	0.83	-0.53	-0.2	0.2	0.97	0.41	-0.5	-0.08	-0.36	-0.68	-0.55		-0.27	-0.15	0.83	0.69	-0.43	0.03	0.02	0.14
Other Stockholder Equity	0.13	0.16	-0.14	-0.23	0.43	-0.21	-0.29	0.03	0.09	-0.08	-0.21	0.13	-0.14	-0.18	0.48	-0.17	-0.03	-0.27		-0.13	-0.39	-0.09	-0.19	-0.4	-0.48	0.09
Total Current Assets	-0.63	-0.61	0.91	-0.31	-0.19	0.97	-0.25	-0.46	0.08	-0.08	-0.38	-0.58	0.54	0.99	-0.49	0.16	-0.38	-0.15	-0.13		0.08	0.08	-0.11	-0.12	-0.18	-0.23
Short Long Term Debt Total	0.07	0.0	0.0	0.45	-0.21	0.23	0.88	-0.39	-0.21	0.21	0.75	0.08	-0.09	0.15	-0.59	-0.39	-0.37	0.83	-0.39	0.08		0.74	-0.45	-0.04	-0.08	0.04
Long Term Debt	0.05	-0.01	-0.02	0.69	-0.33	0.25	0.78	-0.69	-0.06	0.06	0.62	0.08	-0.19	0.14	-0.37	-0.7	-0.7	0.69	-0.09	0.08	0.74		-0.51	-0.12	-0.37	-0.09
Inventory	-0.14	-0.11	0.03	-0.35	0.07	-0.21	-0.44	0.35	-0.32	0.32	-0.38	-0.17	0.23	-0.14	0.21	0.4	0.41	-0.43	-0.19	-0.11	-0.45	-0.51		0.17	0.5	0.07
Other Current Assets	0.08	0.08	-0.16	0.18	-0.16	-0.13	-0.03	0.2	0.22	-0.22	0.06	0.07	-0.06	-0.12	0.12	0.12	0.16	0.03	-0.4	-0.12	-0.04	-0.12	0.17		0.56	-0.28
Current Deferred Revenue	0.17	0.18	-0.19	0.06	0.21	-0.19	-0.08	0.3	-0.1	0.1	0.06	0.16	-0.12	-0.18	0.09	0.2	0.28	0.02	-0.48	-0.18	-0.08	-0.37	0.5	0.56		-0.07
Other Assets	0.62	0.62	-0.33	-0.08	0.17	-0.26	0.0	0.01	-0.33	0.33	0.19	0.62	-0.53	-0.25	0.21	-0.07	0.06	0.14	0.09	-0.23	0.04	-0.09	0.07	-0.28	-0.07

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Aberforth Smaller Account Relationship Matchups

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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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.

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Aberforth Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Aberforth Smaller fundamental ratios Correlations

Aberforth Smaller Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aberforth Smaller fundamental ratios Accounts

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Other Information on Investing in Aberforth Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Common Stock Shares Outstanding	+ 0.98	Common Stock

Total Current Liabilities	- 1.0	Other Current Liab
Non Currrent Assets Other	- 0.96	Non Current Assets Total
Non Currrent Assets Other	- 0.94	Total Stockholder Equity
Non Currrent Assets Other	- 0.94	Total Assets
Other Liab	- 0.82	Total Assets
Other Liab	- 0.81	Total Stockholder Equity