Abingdon Reconciled Depreciation vs Income Tax Expense Analysis

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 Reconciled Depreciation and its Income Tax Expense 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.

Reconciled Depreciation vs Income Tax Expense

Reconciled Depreciation vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abingdon Health Plc Reconciled Depreciation account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Abingdon Health's Reconciled Depreciation and Income Tax Expense is 0.21. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Tax Expense 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 Reconciled Depreciation and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Abingdon Health Plc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Reconciled Depreciation i.e., Abingdon Health's Reconciled Depreciation and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Income Tax Expense

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
 2021 2022 2023 2024 (projected)
Other Operating Expenses14.9M7.9M7.5M10.5M
Depreciation And Amortization1.6M673K426K793.0K

Abingdon Health fundamental ratios Correlations

0.070.880.850.220.710.710.89-0.390.880.970.230.720.960.280.520.970.950.97-0.760.920.630.750.28-0.130.5
0.070.12-0.44-0.030.40.4-0.130.030.11-0.06-0.830.70.070.01-0.21-0.030.130.040.1-0.01-0.220.180.180.03-0.02
0.880.120.65-0.070.890.890.86-0.690.70.810.210.760.95-0.170.630.920.860.93-0.680.930.340.870.510.090.48
0.85-0.440.650.370.340.340.8-0.20.760.890.60.230.760.40.440.850.760.82-0.660.740.780.550.03-0.270.35
0.22-0.03-0.070.37-0.27-0.27-0.050.730.360.250.09-0.08-0.050.83-0.590.180.10.130.26-0.140.780.23-0.66-0.95-0.59
0.710.40.890.34-0.271.00.61-0.760.570.63-0.180.850.81-0.320.620.760.760.79-0.680.790.070.790.620.260.48
0.710.40.890.34-0.271.00.61-0.760.570.63-0.180.850.81-0.320.620.760.760.79-0.680.790.070.790.620.260.48
0.89-0.130.860.8-0.050.610.61-0.520.650.810.510.580.940.010.720.850.80.84-0.750.960.40.560.370.140.64
-0.390.03-0.69-0.20.73-0.76-0.76-0.52-0.2-0.36-0.09-0.44-0.610.72-0.82-0.5-0.48-0.520.63-0.660.28-0.46-0.77-0.69-0.66
0.880.110.70.760.360.570.570.65-0.20.910.040.610.780.450.250.850.930.88-0.640.720.60.70.32-0.210.41
0.97-0.060.810.890.250.630.630.81-0.360.910.220.590.90.350.480.960.960.97-0.780.850.690.720.25-0.160.5
0.23-0.830.210.60.09-0.18-0.180.51-0.090.040.22-0.370.24-0.050.360.250.060.18-0.180.330.30.03-0.08-0.050.1
0.720.70.760.23-0.080.850.850.58-0.440.610.59-0.370.76-0.020.370.650.740.7-0.520.70.130.650.470.130.45
0.960.070.950.76-0.050.810.810.94-0.610.780.90.240.760.010.70.950.930.96-0.830.990.420.730.470.130.64
0.280.01-0.170.40.83-0.32-0.320.010.720.450.35-0.05-0.020.01-0.440.160.210.150.01-0.080.73-0.03-0.58-0.71-0.21
0.52-0.210.630.44-0.590.620.620.72-0.820.250.480.360.370.7-0.440.550.520.55-0.860.79-0.110.240.560.650.81
0.97-0.030.920.850.180.760.760.85-0.50.850.960.250.650.950.160.550.940.99-0.770.910.610.840.32-0.120.45
0.950.130.860.760.10.760.760.8-0.480.930.960.060.740.930.210.520.940.97-0.80.890.490.740.440.020.61
0.970.040.930.820.130.790.790.84-0.520.880.970.180.70.960.150.550.990.97-0.780.910.570.830.38-0.060.51
-0.760.1-0.68-0.660.26-0.68-0.68-0.750.63-0.64-0.78-0.18-0.52-0.830.01-0.86-0.77-0.8-0.78-0.86-0.23-0.4-0.51-0.38-0.81
0.92-0.010.930.74-0.140.790.790.96-0.660.720.850.330.70.99-0.080.790.910.890.91-0.860.320.660.520.240.7
0.63-0.220.340.780.780.070.070.40.280.60.690.30.130.420.73-0.110.610.490.57-0.230.320.48-0.42-0.77-0.18
0.750.180.870.550.230.790.790.56-0.460.70.720.030.650.73-0.030.240.840.740.83-0.40.660.480.32-0.260.07
0.280.180.510.03-0.660.620.620.37-0.770.320.25-0.080.470.47-0.580.560.320.440.38-0.510.52-0.420.320.690.65
-0.130.030.09-0.27-0.950.260.260.14-0.69-0.21-0.16-0.050.130.13-0.710.65-0.120.02-0.06-0.380.24-0.77-0.260.690.74
0.5-0.020.480.35-0.590.480.480.64-0.660.410.50.10.450.64-0.210.810.450.610.51-0.810.7-0.180.070.650.74
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Abingdon Health Account Relationship Matchups

Abingdon Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M11.0M33.2M12.8M6.1M5.1M
Short Long Term Debt Total503.6K4.8M1.5M1.3M1.0M1.0M
Total Current Liabilities844.5K7.0M10.8M5.3M2.1M1.8M
Total Stockholder Equity6.1M2.7M21.3M6.4M3.0M2.2M
Retained Earnings(7.2M)(10.5M)(3.0M)(24.1M)(27.5M)(28.8M)
Cash866.2K4.4M5.0M2.4M3.2M1.4M
Cash And Short Term Investments866.2K4.4M5.0M2.4M3.2M1.4M
Net Receivables966.5K1.5M9.1M6.7M699K1.1M
Inventory406.4K779K7.9M534K329K441K
Other Current Assets966.5K491K968K1.4M498K584K
Total Liab1.2M8.2M11.9M6.3M3.1M2.8M
Total Current Assets2.2M7.2M23.0M11.0M4.8M3.5M
Intangible Assets779.5K16K1.2M36K90K153K
Property Plant Equipment552.3K3.0M9.0M1.8M1.2M215.7K
Other Current Liab1.4M6.0M944K826K998K1.7M
Property Plant And Equipment Net3.0M9.0M1.8M1.2M997K947.2K
Net Debt383.5K(3.5M)(1.1M)(2.2M)(391K)(410.6K)
Accounts Payable1.1M4.2M2.5M1.1M605K574.8K
Non Current Assets Total3.8M10.3M1.8M1.3M1.5M1.5M
Liabilities And Stockholders Equity11.0M33.2M12.8M6.1M5.1M9.4M
Non Current Liabilities Total229K1.1M1.0M932.0K1.0M815.3K
Capital Lease Obligations1.2M1.0M730K311K279.9K265.9K
Other Stockholder Equity13.2M13.2M24.2M30.3M30.8M24.2M
Net Invested Capital6.3M21.8M7.0M3.7M4.3M4.1M
Property Plant And Equipment Gross3.0M11.3M11.3M10.6M12.1M6.8M
Net Working Capital197.3K12.2M5.6M2.6M3.0M4.2M
Short Term Debt3.5M352K265K87K120K114K
Current Deferred Revenue939.5K5.4M440K50K395K375.3K
Accumulated Other Comprehensive Income69.9K44K153K80K169K100.8K

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