| ASL Stock | | | 1,434 10.00 0.69% |
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 Other Stockholder Equity and its Net Debt 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.
Other Stockholder Equity vs Net Debt
Other Stockholder Equity vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aberforth Smaller Other Stockholder Equity account and
Net Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Aberforth Smaller's Other Stockholder Equity and Net Debt is 0.08. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Debt 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 Other Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Aberforth Smaller Companies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Stockholder Equity i.e., Aberforth Smaller's Other Stockholder Equity and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Stockholder Equity
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.
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 99
KAberforth 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
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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.