Aston Short Term Debt vs Retained Earnings Analysis

BAY Stock

CAD 0.07 0.01 7.14%

Aston Bay financial indicator trend analysis is way more than just evaluating Aston Bay Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aston Bay Holdings is a good investment. Please check the relationship between Aston Bay Short Term Debt and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aston Bay Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Retained Earnings

Short Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aston Bay Holdings Short Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Aston Bay's Short Term Debt and Retained Earnings is -0.96. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Aston Bay Holdings, assuming nothing else is changed. The correlation between historical values of Aston Bay's Short Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Aston Bay Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Debt i.e., Aston Bay's Short Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Short Term Debt

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Aston Bay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aston Bay Holdings 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 Aston Bay Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Aston Bay's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (9.66) in 2024.

	2023	2024 (projected)
Reconciled Depreciation	83.3K	91.7K
Interest Income	15.3	14.54

Reconciled Depreciation Interest Income

Aston Bay fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Common Stock Shares Outstanding	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Inventory	Other Current Assets	Short Term Debt	Net Tangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.29	0.99	-0.87	0.39	0.84	0.84	-0.17	-0.29	0.88	-0.05	0.72	-0.24	-0.34	0.97	0.31	-0.12	0.97	0.05	0.36	-0.51	0.68	0.52	0.37	0.5	-0.37
Total Current Liabilities	-0.29		-0.44	0.41	-0.66	-0.22	-0.22	0.55	1.0	-0.22	0.61	-0.2	0.72	0.37	-0.37	-0.25	0.7	-0.37	0.15	0.05	0.76	-0.51	-0.42	-0.81	-0.75	0.61
Total Stockholder Equity	0.99	-0.44		-0.89	0.49	0.82	0.82	-0.26	-0.44	0.86	-0.15	0.71	-0.35	-0.38	0.97	0.35	-0.23	0.97	0.01	0.32	-0.62	0.72	0.56	0.49	0.6	-0.46
Net Debt	-0.87	0.41	-0.89		-0.31	-0.97	-0.97	0.08	0.41	-0.96	0.01	-0.59	0.21	0.25	-0.78	-0.2	0.22	-0.78	-0.12	-0.1	0.44	-0.7	-0.52	-0.41	-0.42	0.32
Retained Earnings	0.39	-0.66	0.49	-0.31		0.13	0.13	-0.93	-0.66	0.13	-0.89	0.19	-0.94	-0.41	0.56	0.64	-0.26	0.56	-0.43	-0.07	-0.96	0.36	0.25	0.78	0.97	-0.84
Cash	0.84	-0.22	0.82	-0.97	0.13		1.0	0.12	-0.22	0.99	0.15	0.57	-0.02	-0.17	0.71	0.06	-0.09	0.71	0.21	0.12	-0.25	0.59	0.43	0.19	0.24	-0.12
Cash And Short Term Investments	0.84	-0.22	0.82	-0.97	0.13	1.0		0.12	-0.22	0.99	0.15	0.57	-0.02	-0.17	0.71	0.06	-0.09	0.71	0.21	0.12	-0.25	0.59	0.43	0.19	0.24	-0.12
Other Stockholder Equity	-0.17	0.55	-0.26	0.08	-0.93	0.12	0.12		0.55	0.11	0.83	-0.07	0.85	0.35	-0.36	-0.78	0.22	-0.36	0.46	0.17	0.86	-0.28	-0.21	-0.75	-0.83	0.89
Total Liab	-0.29	1.0	-0.44	0.41	-0.66	-0.22	-0.22	0.55		-0.22	0.61	-0.2	0.72	0.37	-0.37	-0.25	0.7	-0.37	0.15	0.05	0.76	-0.51	-0.42	-0.81	-0.75	0.61
Total Current Assets	0.88	-0.22	0.86	-0.96	0.13	0.99	0.99	0.11	-0.22		0.16	0.68	-0.02	-0.23	0.76	0.07	-0.08	0.76	0.24	0.15	-0.26	0.63	0.46	0.2	0.26	-0.13
Common Stock	-0.05	0.61	-0.15	0.01	-0.89	0.15	0.15	0.83	0.61	0.16		0.09	0.97	0.32	-0.23	-0.39	0.21	-0.23	0.49	0.19	0.8	-0.06	-0.01	-0.62	-0.85	0.65
Net Receivables	0.72	-0.2	0.71	-0.59	0.19	0.57	0.57	-0.07	-0.2	0.68	0.09		-0.06	-0.43	0.67	0.25	-0.03	0.67	0.22	-0.03	-0.29	0.56	0.45	0.24	0.27	-0.26
Common Stock Shares Outstanding	-0.24	0.72	-0.35	0.21	-0.94	-0.02	-0.02	0.85	0.72	-0.02	0.97	-0.06		0.39	-0.41	-0.47	0.3	-0.41	0.42	0.11	0.89	-0.27	-0.19	-0.76	-0.92	0.76
Other Current Liab	-0.34	0.37	-0.38	0.25	-0.41	-0.17	-0.17	0.35	0.37	-0.23	0.32	-0.43	0.39		-0.38	-0.26	-0.3	-0.38	-0.01	-0.04	0.38	-0.43	-0.4	-0.48	-0.42	0.44
Property Plant And Equipment Net	0.97	-0.37	0.97	-0.78	0.56	0.71	0.71	-0.36	-0.37	0.76	-0.23	0.67	-0.41	-0.38		0.43	-0.14	1.0	-0.04	0.4	-0.66	0.65	0.5	0.47	0.65	-0.5
Current Deferred Revenue	0.31	-0.25	0.35	-0.2	0.64	0.06	0.06	-0.78	-0.25	0.07	-0.39	0.25	-0.47	-0.26	0.43		-0.14	0.43	-0.22	-0.18	-0.61	0.43	0.34	0.58	0.49	-0.89
Accounts Payable	-0.12	0.7	-0.23	0.22	-0.26	-0.09	-0.09	0.22	0.7	-0.08	0.21	-0.03	0.3	-0.3	-0.14	-0.14		-0.14	0.15	0.02	0.41	-0.31	-0.25	-0.44	-0.34	0.33
Non Current Assets Total	0.97	-0.37	0.97	-0.78	0.56	0.71	0.71	-0.36	-0.37	0.76	-0.23	0.67	-0.41	-0.38	1.0	0.43	-0.14		-0.04	0.4	-0.66	0.65	0.5	0.47	0.65	-0.5
Inventory	0.05	0.15	0.01	-0.12	-0.43	0.21	0.21	0.46	0.15	0.24	0.49	0.22	0.42	-0.01	-0.04	-0.22	0.15	-0.04		0.25	0.36	0.08	0.09	-0.3	-0.41	0.31
Other Current Assets	0.36	0.05	0.32	-0.1	-0.07	0.12	0.12	0.17	0.05	0.15	0.19	-0.03	0.11	-0.04	0.4	-0.18	0.02	0.4	0.25		-0.01	0.18	0.23	-0.04	0.02	0.15
Short Term Debt	-0.51	0.76	-0.62	0.44	-0.96	-0.25	-0.25	0.86	0.76	-0.26	0.8	-0.29	0.89	0.38	-0.66	-0.61	0.41	-0.66	0.36	-0.01		-0.47	-0.33	-0.81	-0.98	0.82
Net Tangible Assets	0.68	-0.51	0.72	-0.7	0.36	0.59	0.59	-0.28	-0.51	0.63	-0.06	0.56	-0.27	-0.43	0.65	0.43	-0.31	0.65	0.08	0.18	-0.47		0.97	0.61	0.42	-0.6
Property Plant Equipment	0.52	-0.42	0.56	-0.52	0.25	0.43	0.43	-0.21	-0.42	0.46	-0.01	0.45	-0.19	-0.4	0.5	0.34	-0.25	0.5	0.09	0.23	-0.33	0.97		0.53	0.3	-0.51
Net Invested Capital	0.37	-0.81	0.49	-0.41	0.78	0.19	0.19	-0.75	-0.81	0.2	-0.62	0.24	-0.76	-0.48	0.47	0.58	-0.44	0.47	-0.3	-0.04	-0.81	0.61	0.53		0.8	-0.84
Net Working Capital	0.5	-0.75	0.6	-0.42	0.97	0.24	0.24	-0.83	-0.75	0.26	-0.85	0.27	-0.92	-0.42	0.65	0.49	-0.34	0.65	-0.41	0.02	-0.98	0.42	0.3	0.8		-0.75
Capital Stock	-0.37	0.61	-0.46	0.32	-0.84	-0.12	-0.12	0.89	0.61	-0.13	0.65	-0.26	0.76	0.44	-0.5	-0.89	0.33	-0.5	0.31	0.15	0.82	-0.6	-0.51	-0.84	-0.75

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Aston Bay Account Relationship Matchups

Aston Bay fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	536.9K	220.0K	266.1K	203.7K	665.2K	632.0K
Total Current Liabilities	345.1K	705.6K	1.6M	2.3M	1.1M	630.9K
Total Stockholder Equity	191.7K	(485.6K)	(1.3M)	(2.1M)	(393.4K)	(373.8K)
Net Debt	(315.7K)	285.3K	459.4K	712.1K	(20.7K)	(21.7K)
Retained Earnings	(21.7M)	(23.1M)	(24.9M)	(25.6M)	(28.9M)	(27.4M)
Cash	315.7K	19.2K	56.4K	3.8K	552.9K	548.8K
Cash And Short Term Investments	315.7K	19.2K	56.4K	3.8K	552.9K	548.8K
Liabilities And Stockholders Equity	536.9K	220.0K	266.1K	203.7K	665.2K	632.0K
Other Stockholder Equity	3.5M	3.8M	4.0M	4.0M	6.2M	6.5M
Total Liab	345.1K	705.6K	1.6M	2.3M	1.1M	630.9K
Total Current Assets	370.2K	53.3K	99.4K	120.4K	665.2K	714.0K
Common Stock	18.4M	18.9M	19.5M	19.6M	22.3M	12.2M
Net Receivables	32.4K	9.7K	12.0K	98.7K	17.2K	16.3K
Common Stock Shares Outstanding	133.1M	162.2M	167.6M	178.4M	201.0M	100.6M
Other Current Liab	344.8K	401.1K	1.1M	79.2K	526.4K	359.2K
Accounts Payable	295.8	361.05	661.01	1.5M	413.9K	258.5K
Other Current Assets	22.0K	24.4K	31.0K	17.9K	95.1K	49.8K
Accumulated Other Comprehensive Income	(15.7K)	(5.0K)	(3.9K)	(64.3K)	(75.9K)	(72.1K)
Net Tangible Assets	191.7K	(485.6K)	(1.3M)	(2.1M)	(1.9M)	(1.8M)
Property Plant Equipment	7.6M	12.7M	166.7K	83.3K	75.0K	71.3K
Net Invested Capital	13.7M	(181.1K)	(805.5K)	(1.3M)	251.3K	238.8K
Net Working Capital	25.1K	(652.3K)	(1.5M)	(2.1M)	(393.4K)	(373.8K)
Capital Stock	18.4M	18.9M	19.5M	19.6M	22.3M	21.2M

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