ABM Change To Netincome vs Change To Account Receivables Analysis

ABMINTLLTD   50.90  0.61  1.21%   
ABM International financial indicator trend analysis is way more than just evaluating ABM International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABM International is a good investment. Please check the relationship between ABM International Change To Netincome and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Netincome vs Change To Account Receivables

Change To Netincome vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABM International Change To Netincome account and Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ABM International's Change To Netincome and Change To Account Receivables is -0.15. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of ABM International Limited, assuming nothing else is changed. The correlation between historical values of ABM International's Change To Netincome and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of ABM International Limited are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Netincome i.e., ABM International's Change To Netincome and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Change To Account Receivables

Most indicators from ABM International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABM International 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 ABM International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is expected to rise to about 3 M this year, although the value of Tax Provision is projected to rise to (9.9 M).
 2022 2023 2024 2025 (projected)
Interest Expense1.3M5.6M5.0M5.3M
Depreciation And Amortization484K400K360K342K

ABM International fundamental ratios Correlations

-0.270.96-0.40.660.940.480.91-0.320.250.90.030.3-0.40.48-0.170.930.99-0.67-0.440.820.21-0.40.740.83-0.52
-0.27-0.16-0.20.11-0.390.06-0.14-0.43-0.35-0.15-0.31-0.070.08-0.160.22-0.16-0.2-0.3-0.310.18-0.06-0.20.10.160.04
0.96-0.16-0.560.620.940.280.87-0.340.230.85-0.020.3-0.20.44-0.190.970.96-0.71-0.350.830.12-0.290.680.88-0.54
-0.4-0.2-0.56-0.34-0.40.09-0.460.380.1-0.440.07-0.76-0.070.00.65-0.69-0.440.460.19-0.5-0.010.11-0.28-0.520.25
0.660.110.62-0.340.570.630.62-0.40.310.58-0.310.23-0.570.6-0.070.610.66-0.74-0.580.720.42-0.60.840.75-0.57
0.94-0.390.94-0.40.570.350.84-0.220.320.78-0.060.25-0.250.54-0.20.90.92-0.64-0.360.730.14-0.290.650.78-0.6
0.480.060.280.090.630.350.55-0.420.030.51-0.230.18-0.780.480.040.30.49-0.6-0.840.550.33-0.710.660.44-0.33
0.91-0.140.87-0.460.620.840.55-0.590.020.960.050.43-0.490.34-0.220.890.95-0.75-0.610.890.17-0.510.730.88-0.5
-0.32-0.43-0.340.38-0.4-0.22-0.42-0.590.52-0.570.0-0.270.430.060.05-0.37-0.440.60.71-0.66-0.270.68-0.51-0.590.14
0.25-0.350.230.10.310.320.030.020.52-0.070.04-0.040.050.55-0.130.190.17-0.060.28-0.110.040.140.230.11-0.63
0.9-0.150.85-0.440.580.780.510.96-0.57-0.070.080.42-0.410.29-0.160.870.93-0.72-0.520.860.14-0.420.630.82-0.34
0.03-0.31-0.020.07-0.31-0.06-0.230.050.00.040.080.15-0.01-0.47-0.280.020.040.380.32-0.230.050.06-0.12-0.180.04
0.3-0.070.3-0.760.230.250.180.43-0.27-0.040.420.15-0.19-0.04-0.860.520.32-0.27-0.240.290.07-0.190.210.26-0.15
-0.40.08-0.2-0.07-0.57-0.25-0.78-0.490.430.05-0.41-0.01-0.19-0.150.11-0.22-0.40.260.74-0.45-0.530.76-0.71-0.330.22
0.48-0.160.440.00.60.540.480.340.060.550.29-0.47-0.04-0.150.190.380.45-0.57-0.290.420.33-0.380.410.49-0.5
-0.170.22-0.190.65-0.07-0.20.04-0.220.05-0.13-0.16-0.28-0.860.110.19-0.38-0.17-0.010.02-0.03-0.080.01-0.18-0.050.19
0.93-0.160.97-0.690.610.90.30.89-0.370.190.870.020.52-0.220.38-0.380.94-0.7-0.370.820.12-0.30.660.85-0.53
0.99-0.20.96-0.440.660.920.490.95-0.440.170.930.040.32-0.40.45-0.170.94-0.73-0.50.860.22-0.450.760.88-0.52
-0.67-0.3-0.710.46-0.74-0.64-0.6-0.750.6-0.06-0.720.38-0.270.26-0.57-0.01-0.7-0.730.68-0.86-0.050.47-0.63-0.870.61
-0.44-0.31-0.350.19-0.58-0.36-0.84-0.610.710.28-0.520.32-0.240.74-0.290.02-0.37-0.50.68-0.7-0.310.81-0.69-0.570.32
0.820.180.83-0.50.720.730.550.89-0.66-0.110.86-0.230.29-0.450.42-0.030.820.86-0.86-0.70.21-0.590.750.96-0.46
0.21-0.060.12-0.010.420.140.330.17-0.270.040.140.050.07-0.530.33-0.080.120.22-0.05-0.310.21-0.760.50.160.09
-0.4-0.2-0.290.11-0.6-0.29-0.71-0.510.680.14-0.420.06-0.190.76-0.380.01-0.3-0.450.470.81-0.59-0.76-0.71-0.50.22
0.740.10.68-0.280.840.650.660.73-0.510.230.63-0.120.21-0.710.41-0.180.660.76-0.63-0.690.750.5-0.710.76-0.54
0.830.160.88-0.520.750.780.440.88-0.590.110.82-0.180.26-0.330.49-0.050.850.88-0.87-0.570.960.16-0.50.76-0.62
-0.520.04-0.540.25-0.57-0.6-0.33-0.50.14-0.63-0.340.04-0.150.22-0.50.19-0.53-0.520.610.32-0.460.090.22-0.54-0.62
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ABM International Account Relationship Matchups

ABM International fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets308.3M267.5M351.8M391.5M352.3M313.0M
Other Current Liab49.8M5.6M16.9M4.7M4.3M4.0M
Total Current Liabilities76.2M19.1M167.2M240.1M216.1M172.3M
Total Stockholder Equity229.3M245.1M181.9M148.5M170.8M181.8M
Property Plant And Equipment Net1.7M1.8M6.0M1.3M1.2M1.1M
Net Debt(48.5M)(69.4M)(38.9M)58.4M52.6M31.2M
Retained Earnings95.9M109.6M42.6M8.5M7.7M7.3M
Cash48.5M69.4M38.9M42.1M37.9M68.8M
Non Current Assets Total55.3M56.7M75.0M86.6M99.6M70.2M
Non Currrent Assets Other5.3M5.2M1M51.2M46.1M48.4M
Cash And Short Term Investments48.5M69.4M111.6M42.1M37.9M72.6M
Liabilities And Stockholders Equity308.3M267.5M351.8M391.5M352.3M313.0M
Non Current Liabilities Total2.9M3.3M2.7M2.8M2.5M2.4M
Inventory46.4M12.8M134.7M141.8M163.1M171.2M
Other Current Assets222K21.3M14.0M72.8M65.5M71.3M
Total Liab79.1M22.4M169.8M242.9M218.6M180.8M
Total Current Assets253.0M210.9M276.8M304.9M274.4M262.0M
Accounts Payable26.4M13.1M150.2M134.9M155.2M162.9M
Current Deferred Revenue49.0M28.5M16.1M1.5M1.3M1.3M
Other Assets575K407K517K23.1M26.5M27.9M
Net Receivables157.9M35.4M16.5M48.2M43.4M41.2M
Short Term Debt49.0M28.5M16.1M100.5M90.4M124.5M
Accumulated Other Comprehensive Income15.7M41.4M45.2M45.9M52.8M55.5M
Other Liab2.6M2.9M3.3M2.7M3.1M2.6M
Net Tangible Assets127.9M229.3M245.2M181.9M209.2M212.1M
Property Plant Equipment7.2M6.6M6.4M6.0M5.4M7.6M
Net Invested Capital229.3M245.2M181.9M249.0M286.4M221.9M
Net Working Capital176.8M191.7M109.7M64.7M58.2M94.5M
Property Plant And Equipment Gross14.6M14.8M14.8M14.8M17.1M16.2M

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Other Information on Investing in ABM Stock

Balance Sheet is a snapshot of the financial position of ABM International at a specified time, usually calculated after every quarter, six months, or one year. ABM International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ABM International 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 ABM currently owns. An asset can also be divided into two categories, current and non-current.