ABDX Stock | | | 7.25 0.50 6.45% |
Abingdon Health financial indicator trend analysis is way more than just evaluating Abingdon Health Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abingdon Health Plc is a good investment. Please check the relationship between Abingdon Health Non Current Liabilities Total and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abingdon Health 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.
Non Current Liabilities Total vs Good Will
Non Current Liabilities Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abingdon Health Plc Non Current Liabilities Total account and
Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abingdon Health's Non Current Liabilities Total and Good Will is -0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Abingdon Health Plc, assuming nothing else is changed. The correlation between historical values of Abingdon Health's Non Current Liabilities Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Abingdon Health Plc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Liabilities Total i.e., Abingdon Health's Non Current Liabilities Total and Good Will go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Abingdon Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abingdon Health 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 Abingdon Health 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.
Tax Provision is likely to gain to about (465.3
K) in 2024.
Selling General Administrative is likely to drop to about 3.5
M in 2024
Abingdon Health fundamental ratios Correlations
Click cells to compare fundamentals
Abingdon Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abingdon Health fundamental ratios Accounts
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