ABM Inventory vs Total Liab Analysis

ABMINTLLTD   65.84  3.47  5.01%   
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 Inventory and its Total Liab 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.

Inventory vs Total Liab

Inventory vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABM International Inventory account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ABM International's Inventory and Total Liab is -0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab 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 Inventory 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 Inventory of ABM International Limited 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 Inventory i.e., ABM International's Inventory and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 (11.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense366K1.3M5.6M5.8M
Depreciation And Amortization593K484K400K380K

ABM International fundamental ratios Correlations

-0.280.96-0.40.660.940.480.91-0.320.350.90.050.3-0.40.48-0.170.940.99-0.66-0.450.810.2-0.380.750.83-0.53
-0.28-0.16-0.20.09-0.390.03-0.16-0.45-0.24-0.17-0.31-0.080.15-0.160.22-0.16-0.21-0.29-0.30.17-0.1-0.180.080.150.03
0.96-0.16-0.560.650.940.30.89-0.380.240.87-0.020.3-0.230.44-0.190.970.97-0.71-0.380.840.13-0.30.710.88-0.54
-0.4-0.2-0.56-0.35-0.40.1-0.470.420.11-0.450.05-0.76-0.10.00.65-0.69-0.440.460.2-0.510.00.1-0.29-0.520.25
0.660.090.65-0.350.60.590.6-0.320.690.56-0.290.22-0.510.61-0.080.630.66-0.74-0.520.720.35-0.560.830.75-0.64
0.94-0.390.94-0.40.60.370.85-0.250.320.8-0.060.25-0.30.54-0.20.90.93-0.64-0.40.740.16-0.310.680.79-0.6
0.480.030.30.10.590.370.53-0.320.480.48-0.20.17-0.750.490.030.310.48-0.6-0.820.530.24-0.670.620.43-0.4
0.91-0.160.89-0.470.60.850.53-0.580.170.960.070.43-0.490.34-0.230.90.95-0.74-0.610.890.11-0.480.720.88-0.53
-0.32-0.45-0.380.42-0.32-0.25-0.32-0.580.28-0.55-0.09-0.270.30.090.07-0.41-0.440.60.67-0.67-0.130.61-0.45-0.610.22
0.35-0.240.240.110.690.320.480.170.280.1-0.110.03-0.520.6-0.090.220.29-0.19-0.140.120.5-0.370.590.2-0.48
0.9-0.170.87-0.450.560.80.480.96-0.550.10.110.41-0.380.28-0.160.880.93-0.71-0.50.850.07-0.380.610.82-0.37
0.05-0.31-0.020.05-0.29-0.06-0.20.07-0.09-0.110.110.16-0.1-0.46-0.280.030.060.370.29-0.210.110.02-0.09-0.170.05
0.3-0.080.3-0.760.220.250.170.43-0.270.030.410.16-0.18-0.04-0.870.520.32-0.26-0.240.290.05-0.170.20.26-0.16
-0.40.15-0.23-0.1-0.51-0.3-0.75-0.490.3-0.52-0.38-0.1-0.18-0.140.15-0.24-0.410.240.67-0.42-0.420.71-0.68-0.330.33
0.48-0.160.440.00.610.540.490.340.090.60.28-0.46-0.04-0.140.190.380.44-0.57-0.30.420.33-0.380.410.49-0.51
-0.170.22-0.190.65-0.08-0.20.03-0.230.07-0.09-0.16-0.28-0.870.150.19-0.38-0.18-0.010.04-0.04-0.10.02-0.19-0.060.19
0.94-0.160.97-0.690.630.90.310.9-0.410.220.880.030.52-0.240.38-0.380.95-0.7-0.40.820.13-0.310.680.85-0.53
0.99-0.210.97-0.440.660.930.480.95-0.440.290.930.060.32-0.410.44-0.180.95-0.72-0.50.860.19-0.430.770.87-0.54
-0.66-0.29-0.710.46-0.74-0.64-0.6-0.740.6-0.19-0.710.37-0.260.24-0.57-0.01-0.7-0.720.7-0.860.00.46-0.62-0.870.63
-0.45-0.3-0.380.2-0.52-0.4-0.82-0.610.67-0.14-0.50.29-0.240.67-0.30.04-0.4-0.50.7-0.71-0.180.76-0.65-0.590.41
0.810.170.84-0.510.720.740.530.89-0.670.120.85-0.210.29-0.420.42-0.040.820.86-0.86-0.710.16-0.570.740.96-0.49
0.2-0.10.130.00.350.160.240.11-0.130.50.070.110.05-0.420.33-0.10.130.190.0-0.180.16-0.730.440.130.06
-0.38-0.18-0.30.1-0.56-0.31-0.67-0.480.61-0.37-0.380.02-0.170.71-0.380.02-0.31-0.430.460.76-0.57-0.73-0.67-0.490.26
0.750.080.71-0.290.830.680.620.72-0.450.590.61-0.090.2-0.680.41-0.190.680.77-0.62-0.650.740.44-0.670.76-0.6
0.830.150.88-0.520.750.790.430.88-0.610.20.82-0.170.26-0.330.49-0.060.850.87-0.87-0.590.960.13-0.490.76-0.64
-0.530.03-0.540.25-0.64-0.6-0.4-0.530.22-0.48-0.370.05-0.160.33-0.510.19-0.53-0.540.630.41-0.490.060.26-0.6-0.64
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ABM International Account Relationship Matchups

ABM International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets285.4M308.3M267.5M351.8M391.8M313.0M
Other Current Liab62.3M49.8M5.6M16.9M4.7M4.5M
Total Current Liabilities154.9M76.2M19.1M167.2M240.1M172.3M
Total Stockholder Equity127.9M229.3M245.1M181.9M148.5M181.8M
Property Plant And Equipment Net2.1M1.7M1.8M6.0M1.3M1.2M
Net Debt(26.0M)(48.5M)(69.4M)(38.9M)58.4M31.2M
Retained Earnings(5.6M)95.9M109.6M42.6M8.5M8.1M
Cash26.0M48.5M69.4M38.9M42.1M68.8M
Non Current Assets Total56.5M55.3M56.7M75.0M86.9M70.2M
Non Currrent Assets Other5.7M5.3M5.2M1M563K534.9K
Cash And Short Term Investments26.0M48.5M69.4M111.6M42.1M72.6M
Liabilities And Stockholders Equity285.4M308.3M267.5M351.8M391.8M313.0M
Non Current Liabilities Total2.6M2.9M3.3M2.7M3.1M2.9M
Inventory106.5M46.4M12.8M134.7M141.8M148.9M
Other Current Assets254K222K21.3M14.0M72.8M71.3M
Other Stockholder Equity(16.1M)(2.0K)1.041.4M45.2M0.95
Total Liab157.5M79.1M22.4M169.8M243.2M180.8M
Total Current Assets229.0M253.0M210.9M276.8M304.9M262.0M
Accounts Payable92.5M26.4M13.1M150.2M134.9M141.7M
Current Deferred Revenue8.6M49.0M28.5M16.1M1.5M1.4M
Other Assets575K407K517K23.1M26.5M27.9M
Net Receivables96.2M157.9M35.4M16.5M48.2M45.8M
Short Term Debt(8.6M)49.0M28.5M16.1M100.5M124.5M
Accumulated Other Comprehensive Income16.0M15.7M41.4M45.2M45.9M48.2M
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 Capital127.9M229.3M245.2M181.9M249.0M221.9M
Net Working Capital74.1M176.8M191.7M109.7M64.7M94.5M

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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.