Abrdn Property Plant Equipment vs Total Current Liabilities Analysis

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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 Property Plant Equipment and its Total Current Liabilities 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.

Property Plant Equipment vs Total Current Liabilities

Property Plant Equipment vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of abrdn Property Income Property Plant Equipment account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abrdn Property's Property Plant Equipment and Total Current Liabilities is -0.51. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Liabilities 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 Property Plant Equipment and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of abrdn Property Income are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant Equipment i.e., Abrdn Property's Property Plant Equipment and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Total Current Liabilities

Total Current Liabilities is an item on Abrdn Property balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of abrdn Property Income are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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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

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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.