Able Total Assets vs Inventory 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 Total Assets and its Inventory 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.

Total Assets vs Inventory

Total Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Able View Global Total Assets account and Inventory. At this time, the significance of the direction appears to have totally related.

The correlation between Able View's Total Assets and Inventory is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory 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 Total Assets and Inventory 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 Assets of Able View Global are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., Able View's Total Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Able View assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Able View Global books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Inventory

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

Click cells to compare fundamentals

Able View Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Able Stock Analysis

When running Able View's price analysis, check to measure Able View's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Able Total Assets vs Inventory Analysis

Total Assets vs Inventory

Total Assets vs Inventory Correlation Analysis

Correlation Coefficient

Total Assets

Inventory

Able View fundamental ratios Correlations

Able View Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Able Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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