AbbVie Pfcf Ratio vs Pocfratio Analysis
ABBV Stock | USD 183.08 1.94 1.07% |
AbbVie financial indicator trend analysis is way more than just evaluating AbbVie Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AbbVie Inc is a good investment. Please check the relationship between AbbVie Pfcf Ratio and its Pocfratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AbbVie Inc. 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 labor statistics.
Pfcf Ratio vs Pocfratio
Pfcf Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AbbVie Inc Pfcf Ratio account and Pocfratio. At this time, the significance of the direction appears to have totally related.
The correlation between AbbVie's Pfcf Ratio and Pocfratio is 1.0. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of AbbVie Inc, assuming nothing else is changed. The correlation between historical values of AbbVie's Pfcf Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of AbbVie Inc are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Pfcf Ratio i.e., AbbVie's Pfcf Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pfcf Ratio
Pocfratio
Most indicators from AbbVie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AbbVie Inc 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 AbbVie Inc. 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 labor statistics. Sales General And Administrative To Revenue is likely to climb to 0.28 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.8 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 38.8B | 40.6B | 33.9B | 24.3B | Total Revenue | 56.2B | 58.1B | 54.3B | 33.8B |
AbbVie fundamental ratios Correlations
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AbbVie Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AbbVie fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.5B | 1.7B | 1.8B | 1.8B | 1.8B | 1.8B | |
Total Assets | 89.1B | 150.6B | 146.5B | 138.8B | 134.7B | 81.2B | |
Other Current Liab | 10.4B | 17.9B | 19.8B | 22.5B | 27.0B | 28.3B | |
Total Current Liabilities | 15.6B | 28.7B | 35.2B | 29.5B | 37.8B | 39.7B | |
Total Stockholder Equity | (8.2B) | 13.1B | 15.4B | 17.3B | 10.4B | 7.1B | |
Other Liab | 18.5B | 30.4B | 31.0B | 31.7B | 36.5B | 38.3B | |
Property Plant And Equipment Net | 3.0B | 5.2B | 5.1B | 4.9B | 5.0B | 3.6B | |
Net Debt | 26.8B | 77.6B | 66.9B | 54.1B | 46.6B | 32.2B | |
Accounts Payable | 1.5B | 2.3B | 2.9B | 2.9B | 3.7B | 3.9B | |
Cash | 39.9B | 8.4B | 9.7B | 9.2B | 12.8B | 10.5B | |
Non Current Assets Total | 39.6B | 126.4B | 118.6B | 110.3B | 101.7B | 57.7B | |
Other Assets | 1.9B | 5.1B | 4.1B | 4.8B | 5.6B | 5.8B | |
Cash And Short Term Investments | 39.9B | 8.5B | 9.8B | 9.2B | 12.8B | 11.0B | |
Net Receivables | 5.4B | 8.8B | 10.0B | 11.3B | 11.2B | 6.8B | |
Good Will | 15.6B | 33.1B | 32.4B | 32.2B | 32.3B | 18.6B | |
Short Term Investments | 0.0 | 30M | 84M | 28M | 2M | 1.9M | |
Liabilities And Stockholders Equity | 89.1B | 150.6B | 146.5B | 138.8B | 134.7B | 81.2B | |
Non Current Liabilities Total | 81.7B | 108.8B | 95.9B | 92.0B | 86.5B | 55.5B | |
Inventory | 1.8B | 3.3B | 3.1B | 3.6B | 4.1B | 2.2B | |
Other Stockholder Equity | (9.3B) | 15.1B | 15.2B | 14.7B | 13.6B | 7.1B | |
Total Liab | 97.3B | 137.5B | 131.1B | 121.5B | 124.3B | 74.1B | |
Property Plant And Equipment Gross | 3.0B | 5.2B | 10.7B | 11.0B | 11.6B | 12.2B | |
Total Current Assets | 49.5B | 24.2B | 27.9B | 28.5B | 33.0B | 23.5B | |
Accumulated Other Comprehensive Income | (3.6B) | (3.1B) | (2.9B) | (2.2B) | (2.3B) | (2.4B) | |
Intangible Assets | 18.6B | 82.9B | 76.0B | 67.4B | 55.6B | 32.2B | |
Property Plant Equipment | 3.0B | 5.2B | 5.1B | 4.9B | 5.7B | 3.4B | |
Long Term Debt | 63.0B | 77.6B | 64.2B | 59.1B | 52.2B | 41.2B | |
Short Long Term Debt Total | 66.7B | 86.1B | 76.7B | 63.3B | 59.4B | 49.8B | |
Non Currrent Assets Other | 1.2B | 4.9B | 4.9B | 5.6B | 8.5B | 8.9B | |
Short Term Debt | 3.8B | 8.5B | 12.5B | 4.1B | 7.2B | 5.2B | |
Net Tangible Assets | (42.4B) | (102.9B) | (96.2B) | (82.3B) | (74.1B) | (77.8B) | |
Retained Earnings | 4.7B | 1.1B | 3.1B | 4.8B | (1B) | (950M) | |
Retained Earnings Total Equity | 4.7B | 1.1B | 3.1B | 4.8B | 5.5B | 3.4B | |
Long Term Debt Total | 63.0B | 77.6B | 64.2B | 59.1B | 68.0B | 50.1B | |
Capital Surpluse | 15.2B | 17.4B | 18.3B | 19.2B | 22.1B | 15.8B | |
Additional Paid In Capital | 15.2B | 17.4B | 18.3B | 19.2B | 20.2B | 15.0B |
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