Australian Net Receivables vs Property Plant And Equipment Net Analysis

ABE Stock

0.03 0 10.34%

Australian Bond financial indicator trend analysis is way more than just evaluating Australian Bond Exchange prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Bond Exchange is a good investment. Please check the relationship between Australian Bond Net Receivables and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Bond Exchange. 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.

Net Receivables vs Property Plant And Equipment Net

Net Receivables vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Bond Exchange Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Australian Bond's Net Receivables and Property Plant And Equipment Net is -0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Australian Bond Exchange, assuming nothing else is changed. The correlation between historical values of Australian Bond's Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Australian Bond Exchange are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Australian Bond's Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Receivables

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Australian Bond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Bond Exchange 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 Australian Bond Exchange. 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 4 M in 2024. Issuance Of Capital Stock is likely to drop to about 12.5 M in 2024

	2023	2024 (projected)
Interest Expense	135.5K	117.5K
Depreciation And Amortization	685.7K	355.4K

Interest Expense Depreciation And Amortization

Australian Bond fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Accounts Payable	Total Current Assets	Property Plant Equipment	Short Term Investments
Total Assets		0.4	-0.13	-0.17	0.94	0.32	-0.83	-0.41	0.9	0.83	-0.89	-0.6	0.9	0.51	0.68	0.6	-0.24	-0.2	-0.6	0.56	0.85	0.41	0.84	0.93	0.3	-0.43
Short Long Term Debt Total	0.4		-0.64	-0.19	0.22	0.73	0.02	-0.91	0.08	0.8	-0.65	0.18	0.09	-0.5	0.81	0.41	0.31	0.36	-0.09	0.82	0.79	0.61	0.32	0.17	0.81	-0.81
Other Current Liab	-0.13	-0.64		-0.42	0.16	-0.51	-0.32	0.65	0.17	-0.4	0.42	-0.67	0.15	0.39	-0.16	-0.45	-0.65	-0.67	-0.61	-0.39	-0.35	-0.15	-0.24	0.14	-0.65	0.48
Total Current Liabilities	-0.17	-0.19	-0.42		-0.19	-0.31	0.07	0.31	-0.01	-0.21	0.15	0.32	0.0	0.08	-0.53	0.39	0.5	0.52	0.59	-0.38	-0.29	-0.61	0.26	-0.08	-0.25	0.46
Total Stockholder Equity	0.94	0.22	0.16	-0.19		0.07	-0.96	-0.16	0.98	0.69	-0.72	-0.82	0.97	0.64	0.61	0.45	-0.43	-0.38	-0.77	0.42	0.73	0.35	0.8	0.99	0.02	-0.22
Property Plant And Equipment Net	0.32	0.73	-0.51	-0.31	0.07		0.21	-0.92	-0.08	0.71	-0.68	0.26	-0.09	-0.48	0.61	0.42	0.2	0.55	0.02	0.86	0.66	0.55	0.05	-0.01	0.98	-0.92
Net Debt	-0.83	0.02	-0.32	0.07	-0.96	0.21		-0.13	-0.98	-0.47	0.51	0.89	-0.98	-0.76	-0.4	-0.37	0.45	0.51	0.76	-0.14	-0.51	-0.13	-0.79	-0.97	0.26	-0.08
Retained Earnings	-0.41	-0.91	0.65	0.31	-0.16	-0.92	-0.13		0.0	-0.8	0.74	-0.28	0.0	0.45	-0.73	-0.36	-0.2	-0.44	0.0	-0.91	-0.78	-0.7	-0.16	-0.09	-0.96	0.96
Cash	0.9	0.08	0.17	-0.01	0.98	-0.08	-0.98	0.0		0.58	-0.64	-0.81	1.0	0.74	0.44	0.49	-0.39	-0.36	-0.69	0.25	0.61	0.18	0.84	0.99	-0.12	-0.04
Non Current Assets Total	0.83	0.8	-0.4	-0.21	0.69	0.71	-0.47	-0.8	0.58		-0.95	-0.28	0.58	-0.01	0.88	0.65	0.0	0.2	-0.43	0.89	0.99	0.61	0.64	0.64	0.71	-0.77
Non Currrent Assets Other	-0.89	-0.65	0.42	0.15	-0.72	-0.68	0.51	0.74	-0.64	-0.95		0.26	-0.63	-0.2	-0.73	-0.64	0.1	-0.21	0.34	-0.84	-0.95	-0.59	-0.65	-0.68	-0.67	0.75
Other Assets	-0.6	0.18	-0.67	0.32	-0.82	0.26	0.89	-0.28	-0.81	-0.28	0.26		-0.81	-0.63	-0.37	-0.16	0.57	0.65	0.93	-0.04	-0.33	-0.07	-0.52	-0.81	0.37	-0.17
Cash And Short Term Investments	0.9	0.09	0.15	0.0	0.97	-0.09	-0.98	0.0	1.0	0.58	-0.63	-0.81		0.73	0.45	0.49	-0.36	-0.37	-0.68	0.24	0.61	0.16	0.86	0.99	-0.13	-0.03
Net Receivables	0.51	-0.5	0.39	0.08	0.64	-0.48	-0.76	0.45	0.74	-0.01	-0.2	-0.63	0.73		-0.18	-0.02	-0.64	-0.48	-0.37	-0.2	0.07	0.0	0.4	0.68	-0.54	0.32
Common Stock Shares Outstanding	0.68	0.81	-0.16	-0.53	0.61	0.61	-0.4	-0.73	0.44	0.88	-0.73	-0.37	0.45	-0.18		0.42	-0.02	-0.11	-0.64	0.79	0.88	0.61	0.49	0.54	0.62	-0.71
Non Current Liabilities Total	0.6	0.41	-0.45	0.39	0.45	0.42	-0.37	-0.36	0.49	0.65	-0.64	-0.16	0.49	-0.02	0.42		0.51	0.38	-0.11	0.34	0.53	-0.2	0.8	0.5	0.42	-0.22
Other Current Assets	-0.24	0.31	-0.65	0.5	-0.43	0.2	0.45	-0.2	-0.39	0.0	0.1	0.57	-0.36	-0.64	-0.02	0.51		0.47	0.53	-0.14	-0.13	-0.51	0.16	-0.37	0.31	0.05
Total Liab	-0.2	0.36	-0.67	0.52	-0.38	0.55	0.51	-0.44	-0.36	0.2	-0.21	0.65	-0.37	-0.48	-0.11	0.38	0.47		0.65	0.36	0.11	0.0	-0.12	-0.37	0.57	-0.36
Short Term Debt	-0.6	-0.09	-0.61	0.59	-0.77	0.02	0.76	0.0	-0.69	-0.43	0.34	0.93	-0.68	-0.37	-0.64	-0.11	0.53	0.65		-0.27	-0.48	-0.3	-0.43	-0.73	0.12	0.1
Intangible Assets	0.56	0.82	-0.39	-0.38	0.42	0.86	-0.14	-0.91	0.25	0.89	-0.84	-0.04	0.24	-0.2	0.79	0.34	-0.14	0.36	-0.27		0.89	0.82	0.23	0.33	0.84	-0.95
Common Stock	0.85	0.79	-0.35	-0.29	0.73	0.66	-0.51	-0.78	0.61	0.99	-0.95	-0.33	0.61	0.07	0.88	0.53	-0.13	0.11	-0.48	0.89		0.7	0.61	0.68	0.66	-0.78
Net Tangible Assets	0.41	0.61	-0.15	-0.61	0.35	0.55	-0.13	-0.7	0.18	0.61	-0.59	-0.07	0.16	0.0	0.61	-0.2	-0.51	0.0	-0.3	0.82	0.7		-0.05	0.24	0.55	-0.82
Accounts Payable	0.84	0.32	-0.24	0.26	0.8	0.05	-0.79	-0.16	0.84	0.64	-0.65	-0.52	0.86	0.4	0.49	0.8	0.16	-0.12	-0.43	0.23	0.61	-0.05		0.85	0.07	-0.05
Total Current Assets	0.93	0.17	0.14	-0.08	0.99	-0.01	-0.97	-0.09	0.99	0.64	-0.68	-0.81	0.99	0.68	0.54	0.5	-0.37	-0.37	-0.73	0.33	0.68	0.24	0.85		-0.05	-0.12
Property Plant Equipment	0.3	0.81	-0.65	-0.25	0.02	0.98	0.26	-0.96	-0.12	0.71	-0.67	0.37	-0.13	-0.54	0.62	0.42	0.31	0.57	0.12	0.84	0.66	0.55	0.07	-0.05		-0.92
Short Term Investments	-0.43	-0.81	0.48	0.46	-0.22	-0.92	-0.08	0.96	-0.04	-0.77	0.75	-0.17	-0.03	0.32	-0.71	-0.22	0.05	-0.36	0.1	-0.95	-0.78	-0.82	-0.05	-0.12	-0.92

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Australian Bond Account Relationship Matchups

Australian Bond fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3M	21.6M	13.8M	11.9M	7.6M	11.5M
Other Current Liab	209.3K	(2.0M)	(425.8K)	(686.1K)	(4.7M)	(4.5M)
Total Current Liabilities	525.4K	2.0M	425.8K	686.1K	1.9M	956.6K
Total Stockholder Equity	2.3M	19.0M	12.9M	8.3M	2.7M	2.6M
Property Plant And Equipment Net	8.1K	9K	19.8K	2.2M	1.7M	1.8M
Net Debt	(2.0M)	(15.2M)	(9.0M)	(3.8M)	704.4K	739.6K
Retained Earnings	(4.7M)	(5.5M)	(8.7M)	(13.8M)	(19.4M)	(18.4M)
Cash	2.0M	15.2M	9.0M	5.9M	2.5M	2.4M
Non Current Assets Total	1.3M	5.0M	3.3M	4.5M	5.1M	3.7M
Non Currrent Assets Other	548.5K	(5.0M)	(3.3M)	(4.5M)	(3.8M)	(4.0M)
Other Assets	548.5K	(3.5M)	(1.0M)	545.6K	7.6M	8.0M
Cash And Short Term Investments	2.0M	19.1M	10.7M	6.2M	2.5M	2.4M
Net Receivables	411.8K	946K	929.8K	630.0K	346.3K	524.9K
Liabilities And Stockholders Equity	3.3M	21.6M	13.8M	11.9M	7.6M	11.5M
Non Current Liabilities Total	1.0M	2.6M	425.8K	1.7M	1.8M	1.6M
Other Current Assets	(2.4M)	(2.9M)	(11.6M)	(6.8M)	(346.3K)	(363.6K)
Total Liab	1.0M	2.0M	958.7K	3.6M	4.9M	2.8M

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