Able Cash And Short Term Investments vs Other Current Assets Analysis

ABLVW Stock

0.02 0.00 0.00%

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 Short Term Investments and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Able View Global Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Able View's Cash And Short Term Investments and Other Current Assets is 0.28. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets 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 Short Term Investments and Other Current Assets 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 And Short Term Investments of Able View Global are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Able View's Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Able View Global balance sheet. This account contains Able View investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Able View Global fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

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 And Short Term Investments vs Other Current Assets Analysis

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Current Assets

Able View fundamental ratios Correlations

Able View Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Able Stock Analysis

COMMON DESTINATIONS

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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