ABDN Stock | | | 140.90 0.85 0.60% |
Abrdn PLC financial indicator trend analysis is way more than just evaluating Abrdn PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abrdn PLC is a good investment. Please check the relationship between Abrdn PLC Long Term Debt and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abrdn PLC. 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 Common Stock Shares Outstanding
Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abrdn PLC Long Term Debt account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Abrdn PLC's Long Term Debt and Common Stock Shares Outstanding is -0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Abrdn PLC, assuming nothing else is changed. The correlation between historical values of Abrdn PLC's Long Term Debt and Common Stock Shares Outstanding 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 Abrdn PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Abrdn PLC's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Abrdn PLC has held for over one year. Long-term debt appears on Abrdn PLC 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 Abrdn PLC 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Abrdn PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abrdn PLC 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 Abrdn PLC. 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 563.4
M in 2024.
Tax Provision is likely to gain to about (17.1
M) in 2024
Abrdn PLC fundamental ratios Correlations
Click cells to compare fundamentals
Abrdn PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abrdn PLC fundamental ratios Accounts
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measure Abrdn PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abrdn PLC is operating at the current time. Most of Abrdn PLC's value examination focuses on studying past and present price action to
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