Above Long Term Investments vs Short Term Investments Analysis
ABVEW Stock | 0.02 0.01 24.73% |
Above Food financial indicator trend analysis is way more than just evaluating Above Food Ingredients prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Above Food Ingredients is a good investment. Please check the relationship between Above Food Long Term Investments and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Long Term Investments vs Short Term Investments
Long Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Above Food Ingredients Long Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Above Food's Long Term Investments and Short Term Investments is -0.47. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Above Food Ingredients, assuming nothing else is changed. The correlation between historical values of Above Food's Long Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Above Food Ingredients are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Above Food's Long Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Above Food balance sheet that represents investments Above Food Ingredients intends to hold for over a year. Above Food Ingredients long term investments may include different instruments such as stocks, bonds, real estate and cash.Short Term Investments
Short Term Investments is an item under the current assets section of Above Food balance sheet. It contains any investments Above Food Ingredients undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Above Food Ingredients can easily liquidate in the marketplace.Most indicators from Above Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Above Food Ingredients 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 Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Above Food's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 342.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.2 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 3.0M | 3.6M | 2.9M | Interest Income | 82.3K | 296.5K | 245.3K | 228.8K |
Above Food fundamental ratios Correlations
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Above Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Above Food's price analysis, check to measure Above Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.