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 Retained Earnings and its Long Term Debt 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.
Retained Earnings vs Long Term Debt
Retained Earnings vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abrdn PLC Retained Earnings account and
Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abrdn PLC's Retained Earnings and Long Term Debt is -0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt 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 Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Abrdn PLC are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Abrdn PLC's Retained Earnings and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
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.
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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