AHF Stock | | | 0.04 0.01 22.58% |
Australian Dairy financial indicator trend analysis is way more than just evaluating Australian Dairy Farms prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Dairy Farms is a good investment. Please check the relationship between Australian Dairy Current Deferred Revenue and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Dairy Farms. 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.
Current Deferred Revenue vs Other Liab
Current Deferred Revenue vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Australian Dairy Farms Current Deferred Revenue account and
Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Australian Dairy's Current Deferred Revenue and Other Liab is -0.52. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Liab in the same time period over historical financial statements of Australian Dairy Farms, assuming nothing else is changed. The correlation between historical values of Australian Dairy's Current Deferred Revenue and Other 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 Current Deferred Revenue of Australian Dairy Farms are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Current Deferred Revenue i.e., Australian Dairy's Current Deferred Revenue and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Other Liab
Most indicators from Australian Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Dairy Farms 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 Australian Dairy Farms. 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 likely to gain to about 3.6
M in 2024, whereas
Discontinued Operations is likely to drop (2.8
M) in 2024.
Australian Dairy fundamental ratios Correlations
Click cells to compare fundamentals
Australian Dairy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Australian Dairy fundamental ratios Accounts
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Additional Tools for Australian Stock Analysis
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