Able Net Invested Capital vs Total Liab 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 Net Invested Capital and its Total Liab 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.

Net Invested Capital vs Total Liab

Net Invested Capital vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Able View Global Net Invested Capital account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Able View's Net Invested Capital and Total Liab is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Liab 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 Net Invested Capital and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Able View Global are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Invested Capital i.e., Able View's Net Invested Capital and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense787.5K612.6K842.2K702.8K
Depreciation And Amortization125.6K417.6K880.4K924.4K

Able View fundamental ratios Correlations

0.730.230.84-0.060.750.28-0.08-0.340.80.820.850.940.820.95-0.770.990.460.860.990.930.790.521.00.680.9
0.730.230.77-0.720.3-0.030.55-0.890.190.230.420.510.230.9-0.560.780.20.960.80.920.340.920.760.190.55
0.230.230.63-0.24-0.310.890.34-0.120.34-0.06-0.170.02-0.060.26-0.180.160.890.110.260.21-0.270.360.27-0.36-0.15
0.840.770.63-0.330.410.580.19-0.510.650.450.560.620.450.87-0.80.810.760.760.870.870.460.640.870.320.52
-0.06-0.72-0.24-0.330.40.2-0.930.930.480.50.30.220.5-0.360.02-0.140.06-0.52-0.18-0.40.37-0.85-0.10.480.14
0.750.3-0.310.410.4-0.03-0.610.030.730.880.980.860.880.6-0.760.740.10.510.690.611.0-0.050.720.990.85
0.28-0.030.890.580.2-0.03-0.130.240.620.210.080.170.210.17-0.340.170.97-0.050.260.130.01-0.010.3-0.04-0.04
-0.080.550.340.19-0.93-0.61-0.13-0.75-0.53-0.56-0.51-0.31-0.560.20.280.0-0.060.360.040.2-0.580.81-0.03-0.69-0.24
-0.34-0.89-0.12-0.510.930.030.24-0.750.250.22-0.07-0.070.22-0.610.34-0.420.03-0.75-0.44-0.660.0-0.88-0.380.12-0.16
0.80.190.340.650.480.730.62-0.530.250.890.790.840.890.58-0.670.710.670.370.730.540.75-0.020.780.710.71
0.820.23-0.060.450.50.880.21-0.560.220.890.90.961.00.62-0.570.780.280.470.750.570.89-0.010.790.870.91
0.850.42-0.170.560.30.980.08-0.51-0.070.790.90.910.90.72-0.820.840.220.620.80.730.990.090.830.960.89
0.940.510.020.620.220.860.17-0.31-0.070.840.960.910.960.81-0.650.930.290.710.90.780.870.280.920.810.98
0.820.23-0.060.450.50.880.21-0.560.220.891.00.90.960.62-0.570.780.280.470.750.570.89-0.010.790.870.91
0.950.90.260.87-0.360.60.170.2-0.610.580.620.720.810.62-0.730.970.380.970.980.990.640.740.960.510.81
-0.77-0.56-0.18-0.80.02-0.76-0.340.280.34-0.67-0.57-0.82-0.65-0.57-0.73-0.74-0.52-0.62-0.76-0.77-0.78-0.24-0.78-0.71-0.57
0.990.780.160.81-0.140.740.170.0-0.420.710.780.840.930.780.97-0.740.360.910.990.950.770.590.990.660.92
0.460.20.890.760.060.10.97-0.060.030.670.280.220.290.280.38-0.520.360.170.440.350.130.160.480.060.09
0.860.960.110.76-0.520.51-0.050.36-0.750.370.470.620.710.470.97-0.620.910.170.910.970.540.830.870.410.76
0.990.80.260.87-0.180.690.260.04-0.440.730.750.80.90.750.98-0.760.990.440.910.960.730.621.00.610.87
0.930.920.210.87-0.40.610.130.2-0.660.540.570.730.780.570.99-0.770.950.350.970.960.650.740.940.520.78
0.790.34-0.270.460.371.00.01-0.580.00.750.890.990.870.890.64-0.780.770.130.540.730.65-0.010.760.990.86
0.520.920.360.64-0.85-0.05-0.010.81-0.88-0.02-0.010.090.28-0.010.74-0.240.590.160.830.620.74-0.010.56-0.160.34
1.00.760.270.87-0.10.720.3-0.03-0.380.780.790.830.920.790.96-0.780.990.480.871.00.940.760.560.650.88
0.680.19-0.360.320.480.99-0.04-0.690.120.710.870.960.810.870.51-0.710.660.060.410.610.520.99-0.160.650.8
0.90.55-0.150.520.140.85-0.04-0.24-0.160.710.910.890.980.910.81-0.570.920.090.760.870.780.860.340.880.8
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Able View Account Relationship Matchups

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