Aussie Short Term Debt vs Inventory Analysis

ABB Stock

3.77 0.02 0.53%

Aussie Broadband financial indicator trend analysis is way more than just evaluating Aussie Broadband prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aussie Broadband is a good investment. Please check the relationship between Aussie Broadband Short Term Debt and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aussie Broadband. 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 Inventory

Short Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aussie Broadband Short Term Debt account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Aussie Broadband's Short Term Debt and Inventory is 0.57. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Aussie Broadband, assuming nothing else is changed. The correlation between historical values of Aussie Broadband's Short Term 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 Short Term Debt of Aussie Broadband 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 Short Term Debt i.e., Aussie Broadband's Short Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Inventory

Most indicators from Aussie Broadband's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aussie Broadband 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 Aussie Broadband. 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, Aussie Broadband's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 202.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 112.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	64.5M	104.9M	135.2M	141.9M
Total Revenue	546.9M	788.0M	999.7M	1.0B

Gross Profit Total Revenue

Aussie Broadband fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		1.0	0.99	0.99	1.0	0.97	-0.79	0.99	0.88	0.63	0.98	0.95	1.0	0.4	0.37	0.95	0.99	0.93	1.0	0.76	0.99	1.0	0.97	0.5	0.98	1.0
Short Long Term Debt Total	1.0		0.98	0.99	0.99	0.98	-0.84	0.99	0.91	0.62	0.97	0.92	1.0	0.39	0.32	0.92	0.98	0.94	1.0	0.75	0.99	1.0	0.95	0.56	0.99	0.99
Other Current Liab	0.99	0.98		0.98	1.0	0.94	-0.72	0.97	0.83	0.69	0.98	0.97	0.98	0.41	0.4	0.97	1.0	0.91	0.99	0.73	0.98	0.99	0.98	0.41	0.95	0.98
Total Current Liabilities	0.99	0.99	0.98		0.99	0.98	-0.81	0.99	0.89	0.57	0.98	0.94	0.99	0.37	0.4	0.94	0.98	0.93	0.99	0.8	0.98	1.0	0.96	0.56	0.98	1.0
Total Stockholder Equity	1.0	0.99	1.0	0.99		0.96	-0.77	0.98	0.86	0.64	0.98	0.96	0.99	0.41	0.37	0.96	0.99	0.93	1.0	0.75	0.99	1.0	0.98	0.48	0.97	1.0
Other Liab	0.97	0.98	0.94	0.98	0.96		-0.89	0.99	0.95	0.58	0.95	0.85	0.99	0.4	0.31	0.86	0.93	0.94	0.98	0.79	0.98	0.98	0.9	0.62	1.0	0.97
Net Tangible Assets	-0.79	-0.84	-0.72	-0.81	-0.77	-0.89		-0.82	-0.95	-0.35	-0.73	-0.6	-0.83	-0.3	0.02	-0.6	-0.71	-0.81	-0.8	-0.61	-0.8	-0.81	-0.66	-0.81	-0.89	-0.79
Property Plant And Equipment Net	0.99	0.99	0.97	0.99	0.98	0.99	-0.82		0.9	0.57	0.98	0.91	0.99	0.41	0.4	0.91	0.96	0.94	0.99	0.82	0.99	0.99	0.94	0.55	0.98	0.99
Net Debt	0.88	0.91	0.83	0.89	0.86	0.95	-0.95	0.9		0.55	0.82	0.68	0.91	0.32	0.14	0.68	0.81	0.87	0.89	0.66	0.89	0.89	0.75	0.74	0.95	0.86
Retained Earnings	0.63	0.62	0.69	0.57	0.64	0.58	-0.35	0.57	0.55		0.64	0.59	0.64	0.33	0.1	0.59	0.64	0.61	0.67	0.16	0.66	0.63	0.61	-0.13	0.57	0.57
Accounts Payable	0.98	0.97	0.98	0.98	0.98	0.95	-0.73	0.98	0.82	0.64		0.96	0.98	0.39	0.45	0.96	0.98	0.93	0.98	0.77	0.99	0.98	0.98	0.4	0.95	0.98
Cash	0.95	0.92	0.97	0.94	0.96	0.85	-0.6	0.91	0.68	0.59	0.96		0.92	0.39	0.45	1.0	0.98	0.84	0.94	0.71	0.92	0.94	1.0	0.3	0.87	0.95
Non Current Assets Total	1.0	1.0	0.98	0.99	0.99	0.99	-0.83	0.99	0.91	0.64	0.98	0.92		0.4	0.33	0.92	0.98	0.94	1.0	0.75	0.99	1.0	0.95	0.54	0.99	0.99
Non Currrent Assets Other	0.4	0.39	0.41	0.37	0.41	0.4	-0.3	0.41	0.32	0.33	0.39	0.39	0.4		-0.27	0.39	0.36	0.4	0.41	0.37	0.39	0.39	0.39	0.08	0.39	0.41
Other Assets	0.37	0.32	0.4	0.4	0.37	0.31	0.02	0.4	0.14	0.1	0.45	0.45	0.33	-0.27		0.45	0.43	0.37	0.34	0.62	0.4	0.37	0.45	0.0	0.3	0.38
Cash And Short Term Investments	0.95	0.92	0.97	0.94	0.96	0.86	-0.6	0.91	0.68	0.59	0.96	1.0	0.92	0.39	0.45		0.98	0.85	0.94	0.71	0.92	0.94	1.0	0.3	0.87	0.95
Net Receivables	0.99	0.98	1.0	0.98	0.99	0.93	-0.71	0.96	0.81	0.64	0.98	0.98	0.98	0.36	0.43	0.98		0.91	0.98	0.74	0.98	0.99	0.99	0.42	0.94	0.99
Common Stock Shares Outstanding	0.93	0.94	0.91	0.93	0.93	0.94	-0.81	0.94	0.87	0.61	0.93	0.84	0.94	0.4	0.37	0.85	0.91		0.94	0.8	0.94	0.94	0.88	0.49	0.94	0.92
Non Current Liabilities Total	1.0	1.0	0.99	0.99	1.0	0.98	-0.8	0.99	0.89	0.67	0.98	0.94	1.0	0.41	0.34	0.94	0.98	0.94		0.73	0.99	1.0	0.96	0.48	0.98	0.99
Inventory	0.76	0.75	0.73	0.8	0.75	0.79	-0.61	0.82	0.66	0.16	0.77	0.71	0.75	0.37	0.62	0.71	0.74	0.8	0.73		0.77	0.76	0.74	0.57	0.77	0.79
Other Current Assets	0.99	0.99	0.98	0.98	0.99	0.98	-0.8	0.99	0.89	0.66	0.99	0.92	0.99	0.39	0.4	0.92	0.98	0.94	0.99	0.77		0.99	0.95	0.47	0.98	0.98
Total Liab	1.0	1.0	0.99	1.0	1.0	0.98	-0.81	0.99	0.89	0.63	0.98	0.94	1.0	0.39	0.37	0.94	0.99	0.94	1.0	0.76	0.99		0.97	0.51	0.98	0.99
Total Current Assets	0.97	0.95	0.98	0.96	0.98	0.9	-0.66	0.94	0.75	0.61	0.98	1.0	0.95	0.39	0.45	1.0	0.99	0.88	0.96	0.74	0.95	0.97		0.36	0.91	0.98
Short Term Debt	0.5	0.56	0.41	0.56	0.48	0.62	-0.81	0.55	0.74	-0.13	0.4	0.3	0.54	0.08	0.0	0.3	0.42	0.49	0.48	0.57	0.47	0.51	0.36		0.64	0.53
Intangible Assets	0.98	0.99	0.95	0.98	0.97	1.0	-0.89	0.98	0.95	0.57	0.95	0.87	0.99	0.39	0.3	0.87	0.94	0.94	0.98	0.77	0.98	0.98	0.91	0.64		0.98
Common Stock	1.0	0.99	0.98	1.0	1.0	0.97	-0.79	0.99	0.86	0.57	0.98	0.95	0.99	0.41	0.38	0.95	0.99	0.92	0.99	0.79	0.98	0.99	0.98	0.53	0.98

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Aussie Broadband Account Relationship Matchups

Aussie Broadband fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	93.8M	116.9M	628.5M	693.6M	1.2B	1.3B
Short Long Term Debt Total	17.1M	10.6M	216.7M	204.0M	351.5M	369.1M
Other Current Liab	2.0M	11.5M	28.9M	35.8M	74.7M	78.4M
Total Current Liabilities	38.1M	51.9M	168.8M	163.0M	265.9M	279.2M
Total Stockholder Equity	47.9M	59.5M	268.7M	291.8M	570.1M	598.6M
Other Liab	234K	348K	51.1M	58.4M	67.2M	70.5M
Net Tangible Assets	(23.2M)	55.6M	(147.6M)	(106.3M)	(95.7M)	(90.9M)
Property Plant And Equipment Net	17.8M	29.7M	108.4M	148.3M	180.4M	189.5M
Net Debt	(40.5M)	(46.4M)	169.0M	128.9M	138.0M	144.9M
Retained Earnings	(46.6M)	(35.8M)	(30.5M)	(8.8M)	17.5M	18.4M
Accounts Payable	15.9M	18.5M	34.9M	69.5M	97.8M	102.7M
Cash	57.5M	57.0M	47.7M	75.1M	213.5M	224.2M
Non Current Assets Total	20.5M	35.4M	524.9M	547.4M	894.8M	939.6M
Non Currrent Assets Other	(3.2M)	(1K)	79K	956K	853K	895.7K
Other Assets	228K	1.8M	79K	1.0M	1.2M	751.2K
Cash And Short Term Investments	59.5M	57.0M	48.8M	76.2M	214.1M	224.8M
Net Receivables	11.5M	16.9M	37.2M	43.4M	94.8M	99.6M
Liabilities And Stockholders Equity	93.8M	116.9M	628.5M	693.6M	1.2B	1.3B
Non Current Liabilities Total	7.8M	5.4M	191.0M	238.8M	401.8M	421.9M
Inventory	1.7M	5.5M	4.8M	6.4M	6.3M	3.5M
Other Current Assets	591K	2.0M	12.8M	20.3M	27.6M	29.0M
Total Liab	45.9M	57.4M	359.8M	401.8M	667.7M	701.0M
Total Current Assets	73.3M	81.5M	103.6M	146.2M	342.9M	360.1M
Short Term Debt	9.5M	5.5M	76.8M	23.6M	13.3M	18.8M
Intangible Assets	2.5M	4.0M	177.1M	158.9M	220.8M	231.9M
Common Stock	94.4M	95.1M	298.3M	298.5M	513.2M	538.8M
Property Plant Equipment	17.8M	29.7M	108.4M	148.3M	170.5M	179.1M
Current Deferred Revenue	10.8M	15.8M	28.2M	34.1M	55.5M	58.2M
Long Term Debt Total	7.5M	5.1M	139.8M	180.4M	207.4M	217.8M
Accumulated Other Comprehensive Income	0.0	308K	962K	2.2M	39.4M	41.4M
Cash And Equivalents	490.2K	21.4M	57.0M	47.7M	54.9M	27.9M
Short Term Investments	1.9M	15K	1.1M	1.1M	600K	909.1K

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