Australian Long Term Debt vs Non Current Assets Total Analysis

AAC Stock   1.37  0.02  1.48%   
Australian Agricultural financial indicator trend analysis is way more than just evaluating Australian Agricultural prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Agricultural is a good investment. Please check the relationship between Australian Agricultural Long Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Agricultural. 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Agricultural Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Australian Agricultural's Long Term Debt and Non Current Assets Total is 0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Australian Agricultural, assuming nothing else is changed. The correlation between historical values of Australian Agricultural's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Australian Agricultural are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Australian Agricultural's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Australian Agricultural has held for over one year. Long-term debt appears on Australian Agricultural balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Australian Agricultural balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Australian Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Agricultural 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 Australian Agricultural. 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.
Selling General Administrative is likely to drop to about 68.7 M in 2024. Tax Provision is likely to gain to about (41.2 M) in 2024

Australian Agricultural fundamental ratios Correlations

0.820.320.340.990.720.950.830.090.531.00.19-0.450.77-0.10.770.520.980.73-0.660.980.80.880.780.74-0.35
0.820.540.550.790.420.730.98-0.090.490.820.34-0.080.980.220.720.480.850.6-0.40.870.640.730.720.6-0.33
0.320.540.750.30.00.130.50.10.360.30.680.280.490.560.330.210.30.070.160.360.170.430.320.19-0.05
0.340.550.750.30.080.160.480.130.210.330.550.040.450.50.17-0.080.320.260.10.410.330.380.170.340.05
0.990.790.30.30.710.950.790.090.550.980.15-0.440.74-0.10.820.490.950.72-0.640.950.770.90.820.71-0.31
0.720.420.00.080.710.720.470.180.350.740.01-0.760.35-0.330.350.620.730.51-0.820.710.910.580.370.9-0.44
0.950.730.130.160.950.720.77-0.060.410.96-0.02-0.520.67-0.260.750.590.940.78-0.790.920.770.760.760.69-0.47
0.830.980.50.480.790.470.77-0.110.480.830.27-0.170.950.210.680.60.870.67-0.490.890.660.690.680.62-0.51
0.09-0.090.10.130.090.18-0.06-0.11-0.040.050.15-0.12-0.12-0.06-0.32-0.080.1-0.040.180.11-0.010.32-0.330.00.13
0.530.490.360.210.550.350.410.48-0.040.510.37-0.340.560.520.580.190.480.49-0.140.480.440.630.590.47-0.2
1.00.820.30.330.980.740.960.830.050.510.19-0.470.76-0.120.750.540.980.73-0.70.980.820.840.750.77-0.38
0.190.340.680.550.150.01-0.020.270.150.370.190.180.310.360.05-0.080.22-0.120.220.270.210.20.040.270.19
-0.45-0.080.280.04-0.44-0.76-0.52-0.17-0.12-0.34-0.470.18-0.010.2-0.11-0.34-0.45-0.580.66-0.42-0.67-0.32-0.13-0.660.43
0.770.980.490.450.740.350.670.95-0.120.560.760.31-0.010.280.740.440.780.55-0.310.80.560.730.740.52-0.29
-0.10.220.560.5-0.1-0.33-0.260.21-0.060.52-0.120.360.20.280.1-0.12-0.130.080.49-0.08-0.140.110.1-0.07-0.08
0.770.720.330.170.820.350.750.68-0.320.580.750.05-0.110.740.10.340.670.54-0.390.670.480.761.00.42-0.12
0.520.480.21-0.080.490.620.590.6-0.080.190.54-0.08-0.340.44-0.120.340.590.4-0.680.560.560.350.360.55-0.83
0.980.850.30.320.950.730.940.870.10.480.980.22-0.450.78-0.130.670.590.73-0.71.00.810.810.670.76-0.45
0.730.60.070.260.720.510.780.67-0.040.490.73-0.12-0.580.550.080.540.40.73-0.650.730.590.610.540.57-0.56
-0.66-0.40.160.1-0.64-0.82-0.79-0.490.18-0.14-0.70.220.66-0.310.49-0.39-0.68-0.7-0.65-0.66-0.77-0.36-0.41-0.740.61
0.980.870.360.410.950.710.920.890.110.480.980.27-0.420.8-0.080.670.561.00.73-0.660.810.820.670.76-0.43
0.80.640.170.330.770.910.770.66-0.010.440.820.21-0.670.56-0.140.480.560.810.59-0.770.810.620.50.99-0.42
0.880.730.430.380.90.580.760.690.320.630.840.2-0.320.730.110.760.350.810.61-0.360.820.620.760.58-0.13
0.780.720.320.170.820.370.760.68-0.330.590.750.04-0.130.740.11.00.360.670.54-0.410.670.50.760.44-0.13
0.740.60.190.340.710.90.690.620.00.470.770.27-0.660.52-0.070.420.550.760.57-0.740.760.990.580.44-0.42
-0.35-0.33-0.050.05-0.31-0.44-0.47-0.510.13-0.2-0.380.190.43-0.29-0.08-0.12-0.83-0.45-0.560.61-0.43-0.42-0.13-0.13-0.42
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Australian Agricultural Account Relationship Matchups

Australian Agricultural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B2.1B2.4B2.4B1.4B
Short Long Term Debt Total413.2M391.2M402.4M430.0M478.5M363.4M
Other Current Liab18.2M5.4M11.1M14.9M18.2M11.4M
Total Current Liabilities41.9M31.4M43.8M54.3M62.3M54.4M
Total Stockholder Equity913.4M1.0B1.4B1.6B1.5B816.0M
Other Liab35.3M67.8M121.6M256.0M294.4M309.2M
Property Plant And Equipment Net1.2B1.3B1.7B2.0B1.7B895.8M
Net Debt395.0M382.4M393.1M426.0M469.5M345.2M
Retained Earnings(88.5M)(43.0M)93.9M98.5M3.9M3.7M
Accounts Payable15.4M8.8M21.4M23.1M29.6M18.6M
Non Current Assets Total1.2B1.4B1.7B2.0B2.1B1.1B
Non Currrent Assets Other252.3M286.0M1K389.1M399.0M231.7M
Other Assets253.1M286.8M335.4M(71.7M)(64.5M)(61.3M)
Long Term Debt379.8M367.2M375.9M386.2M431.3M338.1M
Net Receivables9.9M7.2M7.5M10.3M19.1M14.1M
Common Stock Shares Outstanding596.9M597.1M597.4M598.5M597.2M609.4M
Liabilities And Stockholders Equity1.5B1.6B2.1B2.4B2.4B1.4B
Non Current Liabilities Total522.5M548.9M687.8M806.9M785.3M479.2M
Inventory213.6M229.3M356.3M382.0M317.5M208.9M
Other Stockholder Equity(440.3M)(485.8M)(622.7M)(627.3M)(564.6M)(536.4M)
Total Liab564.3M580.3M731.5M861.2M847.6M528.5M
Property Plant And Equipment Gross898.8M997.5M1.3B1.8B1.9B2.0B
Total Current Assets244.5M249.4M385.2M402.6M353.9M258.9M
Accumulated Other Comprehensive Income473.1M558.8M739.9M934.8M984.2M1.0B
Property Plant Equipment898.8M997.5M1.3B2.0B2.3B2.4B
Cash18.1M8.9M9.3M4.0M9.0M8.5M
Cash And Short Term Investments18.1M8.9M9.3M4.0M9.0M13.5M
Other Current Assets2.9M4.1M12.1M6.3M8.3M15.5M
Intangible Assets2.0M2.9M6.3M12.9M17.2M18.1M
Short Term Debt7.6M11.4M9.9M13.0M14.5M13.5M
Current Deferred Revenue713K483K1.3M2.7M4.3M6.7M
Net Tangible Assets841.1M911.4M1.0B1.4B1.6B1.0B
Long Term Debt Total405.6M385.2M392.5M417.6M480.3M418.9M
Capital Lease Obligations33.4M22.2M21.8M39.3M40.8M24.3M
Long Term Investments3.6M3.4M288K238K214.2K203.5K

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