Associated Total Liab vs Common Stock 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 Total Liab and its Common Stock 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.
Total Liab vs Common Stock
Total Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated British Foods Total Liab account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Associated British's Total Liab and Common Stock is -0.41. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock 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 Total Liab and Common Stock 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 Liab of Associated British Foods are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Liab i.e., Associated British's Total Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Common Stock
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
Click cells to compare fundamentals
Associated British Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Associated Stock
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.