Abrdn Other Current Assets vs Inventory 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 Other Current Assets and its Inventory 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.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of abrdn Property Income Other Current Assets account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Abrdn Property's Other Current Assets and Inventory is -0.36. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory 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 Other Current Assets and Inventory 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 Current Assets of abrdn Property Income are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Abrdn Property's Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Inventory
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
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Abrdn Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abrdn Property fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 505.8M | 459.6M | 526.6M | 444.9M | 456.1M | 415.8M | |
Short Long Term Debt Total | 128.2M | 110.4M | 110.6M | 110.0M | 143.1M | 119.7M | |
Other Current Liab | (3.1M) | (4.0M) | (8.3M) | (4.9M) | (14.0M) | (13.3M) | |
Total Current Liabilities | 3.1M | 4.0M | 6.6M | 4.9M | 15.6M | 16.3M | |
Total Stockholder Equity | 364.8M | 331.5M | 400.8M | 323.3M | 298.1M | 281.5M | |
Net Debt | 121.7M | 101.1M | 96.8M | 94.2M | 136.4M | 106.3M | |
Retained Earnings | 6.2M | 6.2M | 7.3M | 8.5M | 4.4M | 0.0 | |
Accounts Payable | 3.1M | 4.0M | 6.6M | 4.9M | 7.3M | 7.7M | |
Cash | 6.5M | 9.4M | 13.8M | 15.9M | 6.7M | 9.7M | |
Cash And Short Term Investments | 6.5M | 9.4M | 13.8M | 15.9M | 6.7M | 9.7M | |
Net Receivables | 9.1M | 16.0M | 11.0M | 15.6M | 5.5M | 6.2M | |
Common Stock Shares Outstanding | 405.9M | 406.7M | 398.0M | 389.6M | 381.2M | 325.8M | |
Liabilities And Stockholders Equity | 505.8M | 459.6M | 526.6M | 444.9M | 456.1M | 415.8M | |
Non Current Liabilities Total | 128.2M | 110.4M | 110.6M | 110.0M | 141.3M | 119.6M | |
Other Stockholder Equity | 131.2M | (1.5M) | (6.0M) | (18.4M) | (18.4M) | (17.5M) | |
Total Liab | 141.0M | 128.1M | 125.7M | 121.7M | 158.0M | 134.4M | |
Total Current Assets | 15.6M | 25.3M | 33.6M | 31.4M | 6.7M | 6.3M | |
Non Current Assets Total | 10.7M | 855.9K | 7.5M | 11.3M | 97.6M | 76.7M | |
Non Currrent Assets Other | (477.9M) | (431.9M) | (7.5M) | (11.3M) | 52.8M | 55.5M | |
Other Assets | 479.5M | 433.4M | 485.5M | 402.2M | 351.8M | 326.1M | |
Other Current Assets | (21.1M) | (24.5M) | (24.8M) | (23.3M) | (12.1M) | (12.7M) | |
Property Plant And Equipment Net | 495.2M | 477.9M | 428.4M | 7.5M | 8.3M | 7.8M | |
Accumulated Other Comprehensive Income | 131.2M | 97.2M | 169.9M | 108.9M | 88.1M | 119.4M | |
Inventory | 10.7M | 4.3M | 24.8M | 23.3M | 26.8M | 19.5M | |
Other Liab | 1.3M | 855.9K | 904.2K | 771.8K | 694.6K | 747.3K | |
Net Tangible Assets | 364.8M | 331.5M | 400.8M | 323.3M | 290.9M | 286.4M | |
Net Invested Capital | 492.1M | 441.0M | 510.6M | 432.4M | 439.3M | 375.2M | |
Property Plant Equipment | 477.9M | 428.4M | 7.5M | 408.7M | 367.8M | 290.8M |
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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.