Associated Non Current Assets Total vs Short Long Term Debt Total Analysis
ABF Stock | 2,209 12.00 0.55% |
Associated British financial indicator trend analysis is way more than just evaluating Associated British Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated British Foods is a good investment. Please check the relationship between Associated British Non Current Assets Total and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated British Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Non Current Assets Total vs Short Long Term Debt Total
Non Current Assets Total vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated British Foods Non Current Assets Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Associated British's Non Current Assets Total and Short Long Term Debt Total is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Associated British Foods, assuming nothing else is changed. The correlation between historical values of Associated British's Non Current Assets Total and Short Long Term Debt Total 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 Assets Total of Associated British Foods are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Assets Total i.e., Associated British's Non Current Assets Total and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Short Long Term Debt Total
Most indicators from Associated British's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated British Foods 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 Associated British Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of November 26, 2024, Selling General Administrative is expected to decline to about 953 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 111M | 128M | 135M | 123M | Depreciation And Amortization | 870M | 886M | 949M | 916M |
Associated British fundamental ratios Correlations
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Associated British Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Associated British Foods at a specified time, usually calculated after every quarter, six months, or one year. Associated British Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Associated British and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Associated currently owns. An asset can also be divided into two categories, current and non-current.