Abrdn Total Current Liabilities vs Retained Earnings Analysis

ABDN Stock   139.90  1.85  1.34%   
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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abrdn PLC Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abrdn PLC's Total Current Liabilities and Retained Earnings is -0.51. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Abrdn PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Abrdn PLC's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Abrdn PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Abrdn PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
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
 2021 2022 2023 2024 (projected)
Cost Of Revenue142M82M54M51.3M
Research Development15M3M4M3.8M

Abrdn PLC fundamental ratios Correlations

0.28-0.340.01-0.830.970.86-0.860.410.97-0.380.021.00.53-0.340.650.570.260.96-0.180.390.61-0.610.170.090.28
0.28-0.630.940.270.110.33-0.340.230.11-0.910.940.30.17-0.220.040.820.990.040.77-0.10.22-0.620.860.08-0.01
-0.34-0.63-0.68-0.04-0.21-0.270.270.39-0.210.73-0.68-0.360.370.280.07-0.59-0.59-0.18-0.570.29-0.340.7-0.740.5-0.08
0.010.94-0.680.52-0.170.06-0.06-0.03-0.17-0.871.00.02-0.12-0.13-0.160.710.93-0.240.89-0.260.09-0.470.88-0.13-0.06
-0.830.27-0.040.52-0.93-0.730.74-0.3-0.93-0.130.51-0.82-0.460.23-0.57-0.090.29-0.930.6-0.44-0.510.280.28-0.07-0.29
0.970.11-0.21-0.17-0.930.89-0.890.41.0-0.22-0.150.970.54-0.330.60.420.090.98-0.310.410.61-0.530.050.10.29
0.860.33-0.270.06-0.730.89-1.00.450.89-0.370.070.860.58-0.280.390.470.310.81-0.050.340.59-0.630.240.150.28
-0.86-0.340.27-0.060.74-0.89-1.0-0.45-0.890.38-0.07-0.86-0.580.28-0.39-0.48-0.32-0.810.05-0.34-0.590.64-0.24-0.15-0.27
0.410.230.39-0.03-0.30.40.45-0.450.4-0.11-0.010.390.970.110.620.320.240.37-0.120.510.08-0.03-0.080.680.01
0.970.11-0.21-0.17-0.931.00.89-0.890.4-0.22-0.150.970.54-0.330.60.420.090.98-0.310.410.61-0.530.050.10.29
-0.38-0.910.73-0.87-0.13-0.22-0.370.38-0.11-0.22-0.88-0.4-0.070.13-0.1-0.86-0.91-0.16-0.690.11-0.290.6-0.840.13-0.02
0.020.94-0.681.00.51-0.150.07-0.07-0.01-0.15-0.880.04-0.11-0.12-0.150.710.94-0.230.88-0.250.1-0.480.88-0.12-0.06
1.00.3-0.360.02-0.820.970.86-0.860.390.97-0.40.040.51-0.340.640.580.270.95-0.160.380.61-0.620.190.070.28
0.530.170.37-0.12-0.460.540.58-0.580.970.54-0.07-0.110.510.060.610.310.160.51-0.190.620.25-0.09-0.140.620.16
-0.34-0.220.28-0.130.23-0.33-0.280.280.11-0.330.13-0.12-0.340.06-0.09-0.26-0.18-0.31-0.070.09-0.210.44-0.24-0.27-0.04
0.650.040.07-0.16-0.570.60.39-0.390.620.6-0.1-0.150.640.61-0.090.320.030.64-0.40.390.05-0.08-0.180.33-0.06
0.570.82-0.590.71-0.090.420.47-0.480.320.42-0.860.710.580.31-0.260.320.830.340.570.190.48-0.70.640.070.26
0.260.99-0.590.930.290.090.31-0.320.240.09-0.910.940.270.16-0.180.030.830.020.76-0.10.2-0.620.840.11-0.02
0.960.04-0.18-0.24-0.930.980.81-0.810.370.98-0.16-0.230.950.51-0.310.640.340.02-0.40.320.49-0.49-0.010.10.17
-0.180.77-0.570.890.6-0.31-0.050.05-0.12-0.31-0.690.88-0.16-0.19-0.07-0.40.570.76-0.4-0.240.07-0.330.73-0.260.02
0.39-0.10.29-0.26-0.440.410.34-0.340.510.410.11-0.250.380.620.090.390.19-0.10.32-0.240.640.03-0.420.270.79
0.610.22-0.340.09-0.510.610.59-0.590.080.61-0.290.10.610.25-0.210.050.480.20.490.070.64-0.510.16-0.130.87
-0.61-0.620.7-0.470.28-0.53-0.630.64-0.03-0.530.6-0.48-0.62-0.090.44-0.08-0.7-0.62-0.49-0.330.03-0.51-0.61-0.07-0.2
0.170.86-0.740.880.280.050.24-0.24-0.080.05-0.840.880.19-0.14-0.24-0.180.640.84-0.010.73-0.420.16-0.61-0.18-0.18
0.090.080.5-0.13-0.070.10.15-0.150.680.10.13-0.120.070.62-0.270.330.070.110.1-0.260.27-0.13-0.07-0.18-0.09
0.28-0.01-0.08-0.06-0.290.290.28-0.270.010.29-0.02-0.060.280.16-0.04-0.060.26-0.020.170.020.790.87-0.2-0.18-0.09
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Abrdn PLC Account Relationship Matchups

Abrdn PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4B10.5B11.4B9.2B8.0B7.6B
Short Long Term Debt Total993M840M706M624M1.0B977.6M
Total Stockholder Equity6.6B6.8B7.9B5.9B5.1B5.0B
Property Plant And Equipment Net266M236M187M201M163M154.9M
Net Debt(666M)(717M)(1.2B)(532M)(167M)(175.4M)
Cash1.7B1.6B1.9B1.2B1.2B1.1B
Non Current Assets Total7.2B6.7B6.9B6.0B5.7B5.4B
Non Currrent Assets Other(7.2B)(6.7B)(168M)(234M)3.4B3.6B
Other Assets2.0B1.6B1.9B1.2B(642M)(609.9M)
Cash And Short Term Investments1.6B1.5B1.9B1.2B1.2B1.1B
Common Stock Shares Outstanding1.8B2.0B1.9B1.8B1.8B2.0B
Liabilities And Stockholders Equity11.4B10.5B11.4B9.2B8.0B7.6B
Non Current Liabilities Total1.1B979M706M3.4B2.3B2.1B
Total Liab4.8B3.7B706M3.4B2.9B2.8B
Total Current Assets2.2B2.1B2.6B2.1B2.3B2.2B
Intangible Assets707M416M373M3.4B666M565.5M
Other Liab2.2B2.0B2.2B1.7B1.9B1.8B
Accounts Payable2M271M6M5M11M5.7M
Long Term Debt3.0B1.7B1.4B649M584.1M554.9M
Short Term Investments159.7B6M(44M)(38M)(34.2M)(32.5M)
Property Plant Equipment266M236M187M201M180.9M248.4M
Other Current Liab(338M)(79M)781M744M868M753.7M
Total Current Liabilities338M202M881M790M898M853.1M
Retained Earnings2.9B5.0B5.8B5.0B4.4B2.8B
Net Receivables570M629M688M912M1.1B1.0B
Good Will1B85M331M(1.8B)912M461.8M
Other Current Assets3.0B2.2B2.7B2.2B2.3B3.4B
Other Stockholder Equity2.8B953M1.2B288M499M474.1M
Common Stock327M306M305M280M257M288.4M
Short Term Debt338M202M90M32M26M24.7M
Net Tangible Assets4.9B6.4B7.2B4.4B5.0B5.1B
Inventory(16M)(2.2B)(2.7B)(2.2B)(2.3B)(2.4B)
Long Term Investments5.2B6.0B6.0B4.1B2.9B2.8B
Short Long Term Debt542M216M338M202M181.8M172.7M
Accumulated Other Comprehensive Income528M581M611M281M252M142.4M
Current Deferred Revenue67M73M5M3M4M3.8M
Deferred Long Term Liab66M53M40M106M95.4M90.6M
Net Invested Capital7.6B7.7B8.6B6.5B5.7B6.4B
Property Plant And Equipment Gross266M236M431M447M514.1M319.6M

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