Abrdn Non Current Assets Total vs Cash Analysis

API Stock   61.20  0.60  0.99%   
Abrdn Property financial indicator trend analysis is way more than just evaluating abrdn Property Income prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether abrdn Property Income is a good investment. Please check the relationship between Abrdn Property Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in abrdn Property Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of abrdn Property Income Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Abrdn Property's Non Current Assets Total and Cash is -0.23. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of abrdn Property Income, assuming nothing else is changed. The correlation between historical values of Abrdn Property's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of abrdn Property Income are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Abrdn Property's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of abrdn Property Income, which is listed under current asset account on abrdn Property Income balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Abrdn Property customers. The amounts must be unrestricted with restricted cash listed in a different Abrdn Property account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Abrdn Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into abrdn Property Income 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 abrdn Property Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 982 K

Abrdn Property fundamental ratios Correlations

0.85-0.610.380.990.85-0.090.79-0.45-0.450.590.960.860.010.850.130.980.39-0.150.42-0.730.27-0.490.210.830.19
0.85-0.720.490.80.99-0.40.78-0.46-0.460.290.791.00.030.99-0.20.870.570.060.13-0.390.25-0.40.140.620.07
-0.61-0.72-0.92-0.57-0.70.71-0.940.370.37-0.31-0.58-0.710.5-0.720.29-0.65-0.27-0.43-0.230.250.370.56-0.43-0.460.33
0.380.49-0.920.350.49-0.790.77-0.39-0.390.270.430.48-0.60.49-0.410.450.030.370.3-0.09-0.51-0.540.380.41-0.35
0.990.8-0.570.350.8-0.030.76-0.44-0.440.630.960.80.010.790.180.970.34-0.180.46-0.780.27-0.490.220.840.21
0.850.99-0.70.490.8-0.380.76-0.6-0.60.280.790.980.060.97-0.270.870.56-0.010.15-0.410.29-0.350.090.620.11
-0.09-0.40.71-0.79-0.03-0.38-0.540.20.2-0.06-0.11-0.390.51-0.40.54-0.18-0.1-0.550.01-0.230.510.37-0.18-0.070.38
0.790.78-0.940.770.760.76-0.54-0.38-0.380.510.730.77-0.420.78-0.080.80.390.360.25-0.46-0.22-0.560.380.56-0.21
-0.45-0.460.37-0.39-0.44-0.60.2-0.381.0-0.15-0.43-0.46-0.08-0.410.58-0.49-0.230.27-0.160.31-0.260.060.19-0.35-0.21
-0.45-0.460.37-0.39-0.44-0.60.2-0.381.0-0.15-0.43-0.46-0.08-0.410.58-0.49-0.230.27-0.160.31-0.260.060.19-0.35-0.21
0.590.29-0.310.270.630.28-0.060.51-0.15-0.150.680.29-0.490.310.520.63-0.17-0.150.63-0.62-0.11-0.20.00.650.15
0.960.79-0.580.430.960.79-0.110.73-0.43-0.430.680.79-0.080.780.160.970.22-0.240.55-0.760.22-0.490.220.940.16
0.861.0-0.710.480.80.98-0.390.77-0.46-0.460.290.790.040.99-0.190.870.570.050.13-0.40.26-0.40.140.620.08
0.010.030.5-0.60.010.060.51-0.42-0.08-0.08-0.49-0.080.040.01-0.18-0.090.39-0.42-0.37-0.020.820.13-0.17-0.050.5
0.850.99-0.720.490.790.97-0.40.78-0.41-0.410.310.780.990.01-0.160.860.560.070.14-0.370.25-0.370.130.630.06
0.13-0.20.29-0.410.18-0.270.54-0.080.580.580.520.16-0.19-0.18-0.160.08-0.21-0.050.27-0.29-0.070.030.040.150.12
0.980.87-0.650.450.970.87-0.180.8-0.49-0.490.630.970.87-0.090.860.080.33-0.140.46-0.730.2-0.440.250.830.09
0.390.57-0.270.030.340.56-0.10.39-0.23-0.23-0.170.220.570.390.56-0.210.330.37-0.670.030.44-0.06-0.110.04-0.12
-0.150.06-0.430.37-0.18-0.01-0.550.360.270.27-0.15-0.240.05-0.420.07-0.05-0.140.37-0.490.47-0.62-0.260.24-0.36-0.56
0.420.13-0.230.30.460.150.010.25-0.16-0.160.630.550.13-0.370.140.270.46-0.67-0.49-0.61-0.21-0.330.290.630.27
-0.73-0.390.25-0.09-0.78-0.41-0.23-0.460.310.31-0.62-0.76-0.4-0.02-0.37-0.29-0.730.030.47-0.61-0.240.3-0.36-0.68-0.19
0.270.250.37-0.510.270.290.51-0.22-0.26-0.26-0.110.220.260.820.25-0.070.20.44-0.62-0.21-0.240.34-0.440.240.49
-0.49-0.40.56-0.54-0.49-0.350.37-0.560.060.06-0.2-0.49-0.40.13-0.370.03-0.44-0.06-0.26-0.330.30.34-0.56-0.47-0.01
0.210.14-0.430.380.220.09-0.180.380.190.190.00.220.14-0.170.130.040.25-0.110.240.29-0.36-0.44-0.560.16-0.36
0.830.62-0.460.410.840.62-0.070.56-0.35-0.350.650.940.62-0.050.630.150.830.04-0.360.63-0.680.24-0.470.160.2
0.190.070.33-0.350.210.110.38-0.21-0.21-0.210.150.160.080.50.060.120.09-0.12-0.560.27-0.190.49-0.01-0.360.2
Click cells to compare fundamentals

Abrdn Property Account Relationship Matchups

Abrdn Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets505.8M459.6M526.6M444.9M456.1M415.8M
Short Long Term Debt Total128.2M110.4M110.6M110.0M143.1M119.7M
Other Current Liab(3.1M)(4.0M)(8.3M)(4.9M)(14.0M)(13.3M)
Total Current Liabilities3.1M4.0M6.6M4.9M15.6M16.3M
Total Stockholder Equity364.8M331.5M400.8M323.3M298.1M281.5M
Net Debt121.7M101.1M96.8M94.2M136.4M106.3M
Retained Earnings6.2M6.2M7.3M8.5M4.4M0.0
Accounts Payable3.1M4.0M6.6M4.9M7.3M7.7M
Cash6.5M9.4M13.8M15.9M6.7M9.7M
Cash And Short Term Investments6.5M9.4M13.8M15.9M6.7M9.7M
Net Receivables9.1M16.0M11.0M15.6M5.5M6.2M
Common Stock Shares Outstanding405.9M406.7M398.0M389.6M381.2M325.8M
Liabilities And Stockholders Equity505.8M459.6M526.6M444.9M456.1M415.8M
Non Current Liabilities Total128.2M110.4M110.6M110.0M141.3M119.6M
Other Stockholder Equity131.2M(1.5M)(6.0M)(18.4M)(18.4M)(17.5M)
Total Liab141.0M128.1M125.7M121.7M158.0M134.4M
Total Current Assets15.6M25.3M33.6M31.4M6.7M6.3M
Non Current Assets Total10.7M855.9K7.5M11.3M97.6M76.7M
Non Currrent Assets Other(477.9M)(431.9M)(7.5M)(11.3M)52.8M55.5M
Other Assets479.5M433.4M485.5M402.2M351.8M326.1M
Other Current Assets(21.1M)(24.5M)(24.8M)(23.3M)(12.1M)(12.7M)
Property Plant And Equipment Net495.2M477.9M428.4M7.5M8.3M7.8M
Accumulated Other Comprehensive Income131.2M97.2M169.9M108.9M88.1M119.4M
Inventory10.7M4.3M24.8M23.3M26.8M19.5M
Other Liab1.3M855.9K904.2K771.8K694.6K747.3K
Net Tangible Assets364.8M331.5M400.8M323.3M290.9M286.4M
Net Invested Capital492.1M441.0M510.6M432.4M439.3M375.2M
Property Plant Equipment477.9M428.4M7.5M408.7M367.8M290.8M

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 Abrdn Stock

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