Albert Current Deferred Revenue vs Non Currrent Assets Other Analysis

ALBERTDAVD   1,441  43.65  2.94%   
Albert David financial indicator trend analysis is way more than just evaluating Albert David Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albert David Limited is a good investment. Please check the relationship between Albert David Current Deferred Revenue and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albert David 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 metropolitan statistical area.

Current Deferred Revenue vs Non Currrent Assets Other

Current Deferred Revenue vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albert David Limited Current Deferred Revenue account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Albert David's Current Deferred Revenue and Non Currrent Assets Other is -0.4. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Albert David Limited, assuming nothing else is changed. The correlation between historical values of Albert David's Current Deferred Revenue and Non Currrent Assets Other 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 Albert David Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Current Deferred Revenue i.e., Albert David's Current Deferred Revenue and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Albert David's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albert David Limited 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 Albert David 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 metropolitan statistical area.
At present, Albert David's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense3.9M4.6M4.3M4.1M
Depreciation And Amortization88.1M85.5M68.3M71.8M

Albert David fundamental ratios Correlations

-0.80.60.530.860.62-0.710.810.42-0.470.85-0.250.84-0.32-0.29-0.5-0.020.090.530.150.83-0.020.27-0.760.480.68
-0.8-0.49-0.42-0.84-0.480.94-0.73-0.260.42-0.710.36-0.780.420.350.66-0.08-0.31-0.320.26-0.790.26-0.190.96-0.41-0.73
0.6-0.490.430.480.67-0.320.510.38-0.610.7-0.640.49-0.46-0.13-0.17-0.340.330.340.370.46-0.020.46-0.52-0.060.28
0.53-0.420.430.40.24-0.440.360.4-0.080.520.080.370.22-0.12-0.690.170.410.360.540.43-0.020.18-0.220.280.39
0.86-0.840.480.40.58-0.760.980.34-0.410.73-0.30.99-0.38-0.68-0.450.080.090.44-0.170.99-0.510.09-0.820.510.67
0.62-0.480.670.240.58-0.40.590.77-0.350.82-0.330.57-0.47-0.27-0.02-0.550.30.660.220.53-0.150.14-0.520.150.32
-0.710.94-0.32-0.44-0.76-0.4-0.61-0.230.1-0.640.07-0.670.210.30.75-0.15-0.23-0.270.3-0.690.210.00.86-0.55-0.74
0.81-0.730.510.360.980.59-0.610.36-0.480.67-0.380.99-0.43-0.76-0.290.030.080.42-0.090.99-0.570.09-0.730.390.53
0.42-0.260.380.40.340.77-0.230.36-0.160.62-0.060.31-0.01-0.17-0.01-0.230.360.70.460.33-0.07-0.12-0.260.070.13
-0.470.42-0.61-0.08-0.41-0.350.1-0.48-0.16-0.40.88-0.450.680.12-0.020.19-0.29-0.23-0.11-0.40.03-0.590.540.29-0.2
0.85-0.710.70.520.730.82-0.640.670.62-0.4-0.230.69-0.35-0.19-0.35-0.30.120.610.260.66-0.060.34-0.710.390.7
-0.250.36-0.640.08-0.3-0.330.07-0.38-0.060.88-0.23-0.340.750.21-0.130.27-0.39-0.10.03-0.290.16-0.40.490.46-0.01
0.84-0.780.490.370.990.57-0.670.990.31-0.450.69-0.34-0.43-0.73-0.350.040.080.39-0.120.99-0.550.11-0.760.420.58
-0.320.42-0.460.22-0.38-0.470.21-0.43-0.010.68-0.350.75-0.430.21-0.190.57-0.34-0.010.15-0.350.18-0.550.520.31-0.12
-0.290.35-0.13-0.12-0.68-0.270.3-0.76-0.170.12-0.190.21-0.730.210.03-0.1-0.01-0.110.25-0.740.890.330.34-0.2-0.12
-0.50.66-0.17-0.69-0.45-0.020.75-0.29-0.01-0.02-0.35-0.13-0.35-0.190.03-0.41-0.28-0.210.15-0.42-0.02-0.040.49-0.6-0.65
-0.02-0.08-0.340.170.08-0.55-0.150.03-0.230.19-0.30.270.040.57-0.1-0.41-0.17-0.03-0.270.12-0.13-0.27-0.010.370.21
0.09-0.310.330.410.090.3-0.230.080.36-0.290.12-0.390.08-0.34-0.01-0.28-0.170.170.20.1-0.080.2-0.2-0.38-0.11
0.53-0.320.340.360.440.66-0.270.420.7-0.230.61-0.10.39-0.01-0.11-0.21-0.030.170.230.4-0.01-0.05-0.290.320.46
0.150.260.370.54-0.170.220.3-0.090.46-0.110.260.03-0.120.150.250.15-0.270.20.23-0.120.370.280.32-0.32-0.23
0.83-0.790.460.430.990.53-0.690.990.33-0.40.66-0.290.99-0.35-0.74-0.420.120.10.4-0.12-0.560.06-0.750.460.59
-0.020.26-0.02-0.02-0.51-0.150.21-0.57-0.070.03-0.060.16-0.550.180.89-0.02-0.13-0.08-0.010.37-0.560.240.25-0.12-0.11
0.27-0.190.460.180.090.140.00.09-0.12-0.590.34-0.40.11-0.550.33-0.04-0.270.2-0.050.280.060.24-0.2-0.150.28
-0.760.96-0.52-0.22-0.82-0.520.86-0.73-0.260.54-0.710.49-0.760.520.340.49-0.01-0.2-0.290.32-0.750.25-0.2-0.33-0.7
0.48-0.41-0.060.280.510.15-0.550.390.070.290.390.460.420.31-0.2-0.60.37-0.380.32-0.320.46-0.12-0.15-0.330.71
0.68-0.730.280.390.670.32-0.740.530.13-0.20.7-0.010.58-0.12-0.12-0.650.21-0.110.46-0.230.59-0.110.28-0.70.71
Click cells to compare fundamentals

Albert David Account Relationship Matchups

Albert David fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.4B4.0B4.2B5.0B2.9B
Short Long Term Debt Total20.5M16.2M56.6M53.2M33.2M31.6M
Other Current Liab406.2M528.7M707.9M621.0M580.9M308.1M
Total Current Liabilities809.8M806.1M1.1B989.4M990.5M853.2M
Total Stockholder Equity2.2B2.4B2.8B3.1B3.8B4.0B
Property Plant And Equipment Net902.9M832.4M846.2M802.8M882.8M818.6M
Net Debt(43.7M)(34.6M)33.9M38.7M(21.1M)(20.1M)
Retained Earnings795.7M1.0B1.3B1.7B2.4B2.5B
Accounts Payable382.2M246.7M303.8M321.4M339.5M304.6M
Cash64.2M50.8M22.8M14.5M54.4M90.3M
Non Current Assets Total1.2B1.2B1.5B1.2B1.3B1.1B
Non Currrent Assets Other(24.6M)4.5M27.5M63.7M33.9M32.2M
Cash And Short Term Investments1.0B1.5B1.7B2.1B2.9B3.0B
Net Receivables301.3M194.9M250M303.3M293.3M263.0M
Liabilities And Stockholders Equity3.2B3.4B4.0B4.2B5.0B2.9B
Non Current Liabilities Total164.4M164.1M144.3M128.9M159.6M228.2M
Inventory427.2M357.5M391.8M506.8M436.1M462.0M
Other Current Assets240.2M188.3M143.8M199.9M134.6M184.4M
Total Liab974.2M970.2M1.2B1.1B1.2B848.7M
Total Current Assets2.0B2.2B2.5B3.0B3.7B3.9B
Accumulated Other Comprehensive Income(1.2B)1.3B1.4B1.4B1.4B1.4B
Current Deferred Revenue(21.7M)446.3M701.2M587.3M32.4M30.8M
Short Term Debt(6.7M)12.2M45.5M47.0M27.2M25.9M
Other Assets26.3M41.4M49.7M55.7M64.1M55.4M
Intangible Assets22.3M14.7M38.7M24.6M18.5M20.7M
Short Term Investments976.1M1.4B1.7B2.1B2.8B2.9B
Other Liab157.8M150.0M160.2M133.2M153.2M156.5M
Net Tangible Assets2.1B2.2B2.4B2.8B3.2B2.3B
Property Plant Equipment902.9M832.4M846.2M802.8M923.2M888.9M
Long Term Debt Total14.4M3.9M11.1M6.2M7.2M5.6M
Short Long Term Debt0.04.3M37.7M39.7M21.0M19.9M
Net Invested Capital2.2B2.4B2.8B3.2B3.9B2.9B
Net Working Capital1.2B1.4B1.4B2.0B2.7B1.7B

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.

Other Information on Investing in Albert Stock

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