Australian Total Stockholder Equity vs Retained Earnings 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 Total Stockholder Equity and its Retained Earnings 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.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Bond Exchange Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Australian Bond's Total Stockholder Equity and Retained Earnings is -0.16. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity 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 Stockholder Equity of Australian Bond Exchange 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 Stockholder Equity i.e., Australian Bond's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 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 Expense135.5K117.5K
Depreciation And Amortization685.7K355.4K

Australian Bond fundamental ratios Correlations

0.4-0.13-0.170.940.32-0.83-0.410.90.83-0.89-0.60.90.510.680.6-0.24-0.2-0.60.560.850.410.840.930.3-0.43
0.4-0.64-0.190.220.730.02-0.910.080.8-0.650.180.09-0.50.810.410.310.36-0.090.820.790.610.320.170.81-0.81
-0.13-0.64-0.420.16-0.51-0.320.650.17-0.40.42-0.670.150.39-0.16-0.45-0.65-0.67-0.61-0.39-0.35-0.15-0.240.14-0.650.48
-0.17-0.19-0.42-0.19-0.310.070.31-0.01-0.210.150.320.00.08-0.530.390.50.520.59-0.38-0.29-0.610.26-0.08-0.250.46
0.940.220.16-0.190.07-0.96-0.160.980.69-0.72-0.820.970.640.610.45-0.43-0.38-0.770.420.730.350.80.990.02-0.22
0.320.73-0.51-0.310.070.21-0.92-0.080.71-0.680.26-0.09-0.480.610.420.20.550.020.860.660.550.05-0.010.98-0.92
-0.830.02-0.320.07-0.960.21-0.13-0.98-0.470.510.89-0.98-0.76-0.4-0.370.450.510.76-0.14-0.51-0.13-0.79-0.970.26-0.08
-0.41-0.910.650.31-0.16-0.92-0.130.0-0.80.74-0.280.00.45-0.73-0.36-0.2-0.440.0-0.91-0.78-0.7-0.16-0.09-0.960.96
0.90.080.17-0.010.98-0.08-0.980.00.58-0.64-0.811.00.740.440.49-0.39-0.36-0.690.250.610.180.840.99-0.12-0.04
0.830.8-0.4-0.210.690.71-0.47-0.80.58-0.95-0.280.58-0.010.880.650.00.2-0.430.890.990.610.640.640.71-0.77
-0.89-0.650.420.15-0.72-0.680.510.74-0.64-0.950.26-0.63-0.2-0.73-0.640.1-0.210.34-0.84-0.95-0.59-0.65-0.68-0.670.75
-0.60.18-0.670.32-0.820.260.89-0.28-0.81-0.280.26-0.81-0.63-0.37-0.160.570.650.93-0.04-0.33-0.07-0.52-0.810.37-0.17
0.90.090.150.00.97-0.09-0.980.01.00.58-0.63-0.810.730.450.49-0.36-0.37-0.680.240.610.160.860.99-0.13-0.03
0.51-0.50.390.080.64-0.48-0.760.450.74-0.01-0.2-0.630.73-0.18-0.02-0.64-0.48-0.37-0.20.070.00.40.68-0.540.32
0.680.81-0.16-0.530.610.61-0.4-0.730.440.88-0.73-0.370.45-0.180.42-0.02-0.11-0.640.790.880.610.490.540.62-0.71
0.60.41-0.450.390.450.42-0.37-0.360.490.65-0.64-0.160.49-0.020.420.510.38-0.110.340.53-0.20.80.50.42-0.22
-0.240.31-0.650.5-0.430.20.45-0.2-0.390.00.10.57-0.36-0.64-0.020.510.470.53-0.14-0.13-0.510.16-0.370.310.05
-0.20.36-0.670.52-0.380.550.51-0.44-0.360.2-0.210.65-0.37-0.48-0.110.380.470.650.360.110.0-0.12-0.370.57-0.36
-0.6-0.09-0.610.59-0.770.020.760.0-0.69-0.430.340.93-0.68-0.37-0.64-0.110.530.65-0.27-0.48-0.3-0.43-0.730.120.1
0.560.82-0.39-0.380.420.86-0.14-0.910.250.89-0.84-0.040.24-0.20.790.34-0.140.36-0.270.890.820.230.330.84-0.95
0.850.79-0.35-0.290.730.66-0.51-0.780.610.99-0.95-0.330.610.070.880.53-0.130.11-0.480.890.70.610.680.66-0.78
0.410.61-0.15-0.610.350.55-0.13-0.70.180.61-0.59-0.070.160.00.61-0.2-0.510.0-0.30.820.7-0.050.240.55-0.82
0.840.32-0.240.260.80.05-0.79-0.160.840.64-0.65-0.520.860.40.490.80.16-0.12-0.430.230.61-0.050.850.07-0.05
0.930.170.14-0.080.99-0.01-0.97-0.090.990.64-0.68-0.810.990.680.540.5-0.37-0.37-0.730.330.680.240.85-0.05-0.12
0.30.81-0.65-0.250.020.980.26-0.96-0.120.71-0.670.37-0.13-0.540.620.420.310.570.120.840.660.550.07-0.05-0.92
-0.43-0.810.480.46-0.22-0.92-0.080.96-0.04-0.770.75-0.17-0.030.32-0.71-0.220.05-0.360.1-0.95-0.78-0.82-0.05-0.12-0.92
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Australian Bond Account Relationship Matchups

Australian Bond fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3M21.6M13.8M11.9M7.6M11.5M
Other Current Liab209.3K(2.0M)(425.8K)(686.1K)(4.7M)(4.5M)
Total Current Liabilities525.4K2.0M425.8K686.1K1.9M956.6K
Total Stockholder Equity2.3M19.0M12.9M8.3M2.7M2.6M
Property Plant And Equipment Net8.1K9K19.8K2.2M1.7M1.8M
Net Debt(2.0M)(15.2M)(9.0M)(3.8M)704.4K739.6K
Retained Earnings(4.7M)(5.5M)(8.7M)(13.8M)(19.4M)(18.4M)
Cash2.0M15.2M9.0M5.9M2.5M2.4M
Non Current Assets Total1.3M5.0M3.3M4.5M5.1M3.7M
Non Currrent Assets Other548.5K(5.0M)(3.3M)(4.5M)(3.8M)(4.0M)
Other Assets548.5K(3.5M)(1.0M)545.6K7.6M8.0M
Cash And Short Term Investments2.0M19.1M10.7M6.2M2.5M2.4M
Net Receivables411.8K946K929.8K630.0K346.3K524.9K
Liabilities And Stockholders Equity3.3M21.6M13.8M11.9M7.6M11.5M
Non Current Liabilities Total1.0M2.6M425.8K1.7M1.8M1.6M
Other Current Assets(2.4M)(2.9M)(11.6M)(6.8M)(346.3K)(363.6K)
Total Liab1.0M2.0M958.7K3.6M4.9M2.8M

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