ABVC Other Non Cash Items vs Depreciation Analysis

ABVC Stock  USD 0.52  0.02  3.70%   
ABVC Biopharma financial indicator trend analysis is way more than just evaluating ABVC Biopharma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABVC Biopharma is a good investment. Please check the relationship between ABVC Biopharma Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABVC Biopharma. 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.
For information on how to trade ABVC Stock refer to our How to Trade ABVC Stock guide.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABVC Biopharma Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ABVC Biopharma's Other Non Cash Items and Depreciation is 0.46. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of ABVC Biopharma, assuming nothing else is changed. The correlation between historical values of ABVC Biopharma's Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of ABVC Biopharma are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., ABVC Biopharma's Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Other Non Cash Items

Depreciation

Depreciation indicates how much of ABVC Biopharma value has been used up. For tax purposes ABVC Biopharma can deduct the cost of the tangible assets it purchases as business expenses. However, ABVC Biopharma must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from ABVC Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABVC Biopharma 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 ABVC Biopharma. 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.
For information on how to trade ABVC Stock refer to our How to Trade ABVC Stock guide.As of January 31, 2025, Selling General Administrative is expected to decline to about 5 M. In addition to that, Tax Provision is expected to decline to about 217.9 K
 2022 2023 2024 2025 (projected)
Other Operating Expenses16.1M8.4M9.6M10.1M
Total Revenue969.8K152.4K175.3K157.4K

ABVC Biopharma fundamental ratios Correlations

0.590.780.930.31-0.74-0.030.160.60.840.810.60.560.710.74-0.350.380.4-0.480.790.780.840.890.11-0.230.81
0.590.590.390.44-0.32-0.20.57-0.140.30.770.650.820.350.1-0.240.580.59-0.270.690.630.230.370.04-0.30.19
0.780.590.520.64-0.68-0.20.080.490.690.950.30.720.910.6-0.270.080.1-0.250.560.560.670.870.320.110.65
0.930.390.520.09-0.680.080.060.650.810.540.560.340.480.75-0.30.370.38-0.520.720.730.830.770.0-0.380.81
0.310.440.640.09-0.37-0.120.080.290.360.58-0.30.620.460.390.03-0.45-0.44-0.290.050.030.380.510.14-0.120.38
-0.74-0.32-0.68-0.68-0.370.2-0.17-0.76-0.96-0.62-0.31-0.43-0.59-0.73-0.14-0.06-0.080.35-0.56-0.64-0.75-0.74-0.370.28-0.75
-0.03-0.2-0.20.08-0.120.2-0.20.07-0.12-0.19-0.06-0.23-0.11-0.04-0.25-0.05-0.05-0.25-0.06-0.030.02-0.020.04-0.160.03
0.160.570.080.060.08-0.17-0.2-0.350.120.330.430.24-0.09-0.080.420.530.52-0.140.20.21-0.03-0.050.01-0.17-0.05
0.6-0.140.490.650.29-0.760.07-0.350.820.32-0.060.030.570.8-0.07-0.34-0.32-0.250.310.370.790.750.26-0.120.8
0.840.30.690.810.36-0.96-0.120.120.820.640.310.380.630.850.030.070.09-0.410.560.640.880.840.31-0.30.87
0.810.770.950.540.58-0.62-0.190.330.320.640.480.730.850.51-0.310.310.32-0.260.650.630.620.810.290.040.59
0.60.650.30.56-0.3-0.31-0.060.43-0.060.310.480.410.210.0-0.30.940.95-0.240.870.850.160.220.01-0.220.12
0.560.820.720.340.62-0.43-0.230.240.030.380.730.410.40.18-0.10.270.27-0.440.60.560.260.450.01-0.250.23
0.710.350.910.480.46-0.59-0.11-0.090.570.630.850.210.40.64-0.430.010.02-0.050.440.430.70.880.410.330.68
0.740.10.60.750.39-0.73-0.04-0.080.80.850.510.00.180.64-0.09-0.18-0.17-0.280.250.30.980.880.3-0.180.99
-0.35-0.24-0.27-0.30.03-0.14-0.250.42-0.070.03-0.31-0.3-0.1-0.43-0.09-0.25-0.25-0.02-0.37-0.28-0.21-0.33-0.05-0.08-0.19
0.380.580.080.37-0.45-0.06-0.050.53-0.340.070.310.940.270.01-0.18-0.251.0-0.130.660.64-0.04-0.01-0.07-0.16-0.08
0.40.590.10.38-0.44-0.08-0.050.52-0.320.090.320.950.270.02-0.17-0.251.0-0.140.680.66-0.020.01-0.06-0.17-0.06
-0.48-0.27-0.25-0.52-0.290.35-0.25-0.14-0.25-0.41-0.26-0.24-0.44-0.05-0.28-0.02-0.13-0.14-0.31-0.32-0.31-0.320.420.3-0.31
0.790.690.560.720.05-0.56-0.060.20.310.560.650.870.60.440.25-0.370.660.68-0.310.980.410.510.14-0.330.37
0.780.630.560.730.03-0.64-0.030.210.370.640.630.850.560.430.3-0.280.640.66-0.320.980.450.510.25-0.40.41
0.840.230.670.830.38-0.750.02-0.030.790.880.620.160.260.70.98-0.21-0.04-0.02-0.310.410.450.930.33-0.211.0
0.890.370.870.770.51-0.74-0.02-0.050.750.840.810.220.450.880.88-0.33-0.010.01-0.320.510.510.930.28-0.010.92
0.110.040.320.00.14-0.370.040.010.260.310.290.010.010.410.3-0.05-0.07-0.060.420.140.250.330.28-0.120.32
-0.23-0.30.11-0.38-0.120.28-0.16-0.17-0.12-0.30.04-0.22-0.250.33-0.18-0.08-0.16-0.170.3-0.33-0.4-0.21-0.01-0.12-0.21
0.810.190.650.810.38-0.750.03-0.050.80.870.590.120.230.680.99-0.19-0.08-0.06-0.310.370.411.00.920.32-0.21
Click cells to compare fundamentals

ABVC Biopharma Account Relationship Matchups

ABVC Biopharma fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.6M13.7M9.9M14.5M16.7M17.5M
Short Long Term Debt Total6.5M3.1M3.1M2.3M2.6M1.9M
Total Current Liabilities4.8M3.7M5.8M5.9M6.8M7.2M
Total Stockholder Equity3.4M8.8M3.1M8.4M9.6M10.1M
Net Debt2.2M(2.7M)3.0M2.2M2.6M2.7M
Retained Earnings(25.6M)(38.5M)(54.9M)(65.4M)(58.9M)(55.9M)
Common Stock Shares Outstanding2.0M2.5M3.2M4.3M3.9M4.1M
Liabilities And Stockholders Equity11.6M13.7M9.9M14.5M16.7M17.5M
Non Current Liabilities Total4.1M1.1M420.2K429.1K493.5K915.9K
Inventory(477.0K)(839.7K)26.0K1.3M1.5M1.6M
Other Stockholder Equity28.5M46.8M57.5M73.3M84.3M88.5M
Total Liab8.9M4.8M6.2M6.4M7.3M7.7M
Total Current Assets6.2M9.6M3.0M1.7M1.9M1.4M
Short Term Debt2.4M2.0M2.3M1.9M2.2M1.3M
Other Current Liab2.4M1.7M3.3M3.9M4.4M4.7M
Cash4.3M5.8M85.3K60.2K69.2K65.7K
Cash And Short Term Investments4.3M5.9M161.1K139.5K160.4K152.4K
Common Stock24.4K28.9K32.9K7.9K9.1K8.7K
Net Receivables999.4K1.7M1.4M759.6K873.5K625.0K
Other Current Assets900.4K1.9M1.5M757.7K871.3K914.9K
Property Plant And Equipment Net2.3M2.0M1.7M8.8M10.1M10.6M
Non Current Assets Total5.4M4.1M6.9M12.8M14.8M15.5M
Non Currrent Assets Other164.8K160.5K1.3M1.5M1.8M1.8M
Property Plant And Equipment Gross2.3M2.0M1.7M12.1M13.9M14.6M
Accumulated Other Comprehensive Income564.9K539.7K517.1K516.4K593.8K396.8K
Net Tangible Assets(5.7M)(151.0K)3.4M8.8M10.2M10.7M
Other Assets1.4M1.6M2.0M1.1M1.3M1.4M
Short Long Term Debt2.1M1.8M1.9M1.5M1.7M2.0M
Other Liab27.5K2.9K19.3K10.6K12.2K11.0K
Short Term Investments1.2M108.1K75.8K79.3K71.4K67.8K
Long Term Investments1.2M932.8K842.1K2.5M2.9M1.8M
Property Plant Equipment510.1K1.0M2.3M2.0M2.3M2.4M
Net Invested Capital8.1M10.7M5.0M9.9M11.3M11.9M
Net Working Capital1.3M5.9M(2.8M)(4.3M)(4.9M)(4.7M)
Capital Stock24.4K28.9K32.9K7.9K7.1K6.8K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ABVC Biopharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ABVC Biopharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Abvc Biopharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Abvc Biopharma Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABVC Biopharma. 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.
For information on how to trade ABVC Stock refer to our How to Trade ABVC Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABVC Biopharma. If investors know ABVC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABVC Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
0.017
Quarterly Revenue Growth
18.175
Return On Assets
(0.45)
Return On Equity
(3.20)
The market value of ABVC Biopharma is measured differently than its book value, which is the value of ABVC that is recorded on the company's balance sheet. Investors also form their own opinion of ABVC Biopharma's value that differs from its market value or its book value, called intrinsic value, which is ABVC Biopharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABVC Biopharma's market value can be influenced by many factors that don't directly affect ABVC Biopharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABVC Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if ABVC Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABVC Biopharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.