Able Cash vs Total Stockholder Equity Analysis

ABLV Stock

0.89 0.01 1.11%

Able View financial indicator trend analysis is way more than just evaluating Able View Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Able View Global is a good investment. Please check the relationship between Able View Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Able View Global. 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.

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Able View Global Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Able View's Cash and Total Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Able View Global, assuming nothing else is changed. The correlation between historical values of Able View's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Able View Global are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Able View's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Able View Global, which is listed under current asset account on Able View Global balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Able View customers. The amounts must be unrestricted with restricted cash listed in a different Able View account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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.

Most indicators from Able View's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Able View Global 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 Able View Global. 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.

Tax Provision is likely to drop to about 1.6 M in 2024. Selling General Administrative is likely to drop to about 7.9 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	787.5K	612.6K	842.2K	702.8K
Depreciation And Amortization	125.6K	417.6K	880.4K	924.4K

Interest Expense Depreciation And Amortization

Able View fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.73	0.23	0.84	-0.06	0.75	0.28	-0.08	-0.34	0.8	0.82	0.85	0.94	0.82	0.95	-0.77	0.99	0.46	0.86	0.99	0.93	0.79	0.52	1.0	0.68	0.9
Short Long Term Debt Total	0.73		0.23	0.77	-0.72	0.3	-0.03	0.55	-0.89	0.19	0.23	0.42	0.51	0.23	0.9	-0.56	0.78	0.2	0.96	0.8	0.92	0.34	0.92	0.76	0.19	0.55
Other Current Liab	0.23	0.23		0.63	-0.24	-0.31	0.89	0.34	-0.12	0.34	-0.06	-0.17	0.02	-0.06	0.26	-0.18	0.16	0.89	0.11	0.26	0.21	-0.27	0.36	0.27	-0.36	-0.15
Total Current Liabilities	0.84	0.77	0.63		-0.33	0.41	0.58	0.19	-0.51	0.65	0.45	0.56	0.62	0.45	0.87	-0.8	0.81	0.76	0.76	0.87	0.87	0.46	0.64	0.87	0.32	0.52
Total Stockholder Equity	-0.06	-0.72	-0.24	-0.33		0.4	0.2	-0.93	0.93	0.48	0.5	0.3	0.22	0.5	-0.36	0.02	-0.14	0.06	-0.52	-0.18	-0.4	0.37	-0.85	-0.1	0.48	0.14
Property Plant And Equipment Net	0.75	0.3	-0.31	0.41	0.4		-0.03	-0.61	0.03	0.73	0.88	0.98	0.86	0.88	0.6	-0.76	0.74	0.1	0.51	0.69	0.61	1.0	-0.05	0.72	0.99	0.85
Current Deferred Revenue	0.28	-0.03	0.89	0.58	0.2	-0.03		-0.13	0.24	0.62	0.21	0.08	0.17	0.21	0.17	-0.34	0.17	0.97	-0.05	0.26	0.13	0.01	-0.01	0.3	-0.04	-0.04
Net Debt	-0.08	0.55	0.34	0.19	-0.93	-0.61	-0.13		-0.75	-0.53	-0.56	-0.51	-0.31	-0.56	0.2	0.28	0.0	-0.06	0.36	0.04	0.2	-0.58	0.81	-0.03	-0.69	-0.24
Retained Earnings	-0.34	-0.89	-0.12	-0.51	0.93	0.03	0.24	-0.75		0.25	0.22	-0.07	-0.07	0.22	-0.61	0.34	-0.42	0.03	-0.75	-0.44	-0.66	0.0	-0.88	-0.38	0.12	-0.16
Accounts Payable	0.8	0.19	0.34	0.65	0.48	0.73	0.62	-0.53	0.25		0.89	0.79	0.84	0.89	0.58	-0.67	0.71	0.67	0.37	0.73	0.54	0.75	-0.02	0.78	0.71	0.71
Cash	0.82	0.23	-0.06	0.45	0.5	0.88	0.21	-0.56	0.22	0.89		0.9	0.96	1.0	0.62	-0.57	0.78	0.28	0.47	0.75	0.57	0.89	-0.01	0.79	0.87	0.91
Non Current Assets Total	0.85	0.42	-0.17	0.56	0.3	0.98	0.08	-0.51	-0.07	0.79	0.9		0.91	0.9	0.72	-0.82	0.84	0.22	0.62	0.8	0.73	0.99	0.09	0.83	0.96	0.89
Non Currrent Assets Other	0.94	0.51	0.02	0.62	0.22	0.86	0.17	-0.31	-0.07	0.84	0.96	0.91		0.96	0.81	-0.65	0.93	0.29	0.71	0.9	0.78	0.87	0.28	0.92	0.81	0.98
Cash And Short Term Investments	0.82	0.23	-0.06	0.45	0.5	0.88	0.21	-0.56	0.22	0.89	1.0	0.9	0.96		0.62	-0.57	0.78	0.28	0.47	0.75	0.57	0.89	-0.01	0.79	0.87	0.91
Net Receivables	0.95	0.9	0.26	0.87	-0.36	0.6	0.17	0.2	-0.61	0.58	0.62	0.72	0.81	0.62		-0.73	0.97	0.38	0.97	0.98	0.99	0.64	0.74	0.96	0.51	0.81
Common Stock Shares Outstanding	-0.77	-0.56	-0.18	-0.8	0.02	-0.76	-0.34	0.28	0.34	-0.67	-0.57	-0.82	-0.65	-0.57	-0.73		-0.74	-0.52	-0.62	-0.76	-0.77	-0.78	-0.24	-0.78	-0.71	-0.57
Inventory	0.99	0.78	0.16	0.81	-0.14	0.74	0.17	0.0	-0.42	0.71	0.78	0.84	0.93	0.78	0.97	-0.74		0.36	0.91	0.99	0.95	0.77	0.59	0.99	0.66	0.92
Other Current Assets	0.46	0.2	0.89	0.76	0.06	0.1	0.97	-0.06	0.03	0.67	0.28	0.22	0.29	0.28	0.38	-0.52	0.36		0.17	0.44	0.35	0.13	0.16	0.48	0.06	0.09
Other Stockholder Equity	0.86	0.96	0.11	0.76	-0.52	0.51	-0.05	0.36	-0.75	0.37	0.47	0.62	0.71	0.47	0.97	-0.62	0.91	0.17		0.91	0.97	0.54	0.83	0.87	0.41	0.76
Total Liab	0.99	0.8	0.26	0.87	-0.18	0.69	0.26	0.04	-0.44	0.73	0.75	0.8	0.9	0.75	0.98	-0.76	0.99	0.44	0.91		0.96	0.73	0.62	1.0	0.61	0.87
Net Invested Capital	0.93	0.92	0.21	0.87	-0.4	0.61	0.13	0.2	-0.66	0.54	0.57	0.73	0.78	0.57	0.99	-0.77	0.95	0.35	0.97	0.96		0.65	0.74	0.94	0.52	0.78
Property Plant And Equipment Gross	0.79	0.34	-0.27	0.46	0.37	1.0	0.01	-0.58	0.0	0.75	0.89	0.99	0.87	0.89	0.64	-0.78	0.77	0.13	0.54	0.73	0.65		-0.01	0.76	0.99	0.86
Short Long Term Debt	0.52	0.92	0.36	0.64	-0.85	-0.05	-0.01	0.81	-0.88	-0.02	-0.01	0.09	0.28	-0.01	0.74	-0.24	0.59	0.16	0.83	0.62	0.74	-0.01		0.56	-0.16	0.34
Total Current Assets	1.0	0.76	0.27	0.87	-0.1	0.72	0.3	-0.03	-0.38	0.78	0.79	0.83	0.92	0.79	0.96	-0.78	0.99	0.48	0.87	1.0	0.94	0.76	0.56		0.65	0.88
Capital Stock	0.68	0.19	-0.36	0.32	0.48	0.99	-0.04	-0.69	0.12	0.71	0.87	0.96	0.81	0.87	0.51	-0.71	0.66	0.06	0.41	0.61	0.52	0.99	-0.16	0.65		0.8
Net Working Capital	0.9	0.55	-0.15	0.52	0.14	0.85	-0.04	-0.24	-0.16	0.71	0.91	0.89	0.98	0.91	0.81	-0.57	0.92	0.09	0.76	0.87	0.78	0.86	0.34	0.88	0.8

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Able Cash vs Total Stockholder Equity Analysis

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash

Total Stockholder Equity

Able View fundamental ratios Correlations

Able View Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Total Liab
Inventory	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Net Debt	- 0.93	Total Stockholder Equity
Retained Earnings	- 0.89	Short Long Term Debt Total
Short Long Term Debt	- 0.88	Retained Earnings
Short Long Term Debt	- 0.85	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.82	Non Current Assets Total
Common Stock Shares Outstanding	- 0.8	Total Current Liabilities