| ASL Stock | | | 1,442 8.00 0.56% |
Aberforth Smaller financial indicator trend analysis is way more than just evaluating Aberforth Smaller prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aberforth Smaller is a good investment. Please check the relationship between Aberforth Smaller Interest Expense and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aberforth Smaller Companies. 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.
Interest Expense vs Net Income
Interest Expense vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aberforth Smaller Interest Expense account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aberforth Smaller's Interest Expense and Net Income is -0.06. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Aberforth Smaller Companies, assuming nothing else is changed. The correlation between historical values of Aberforth Smaller's Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Aberforth Smaller Companies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Aberforth Smaller's Interest Expense and Net Income go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Aberforth Smaller financial statement analysis. It represents the amount of money remaining after all of Aberforth Smaller Companies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Aberforth Smaller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aberforth Smaller 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 Aberforth Smaller Companies. 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 3.5
M. The current year's
Tax Provision is expected to grow to about 86.1
KAberforth Smaller fundamental ratios Correlations
Click cells to compare fundamentals
Aberforth Smaller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aberforth Smaller fundamental ratios Accounts
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Other Information on Investing in Aberforth Stock
Balance Sheet is a snapshot of the
financial position of Aberforth Smaller at a specified time, usually calculated after every quarter, six months, or one year. Aberforth Smaller Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aberforth Smaller 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 Aberforth currently owns. An asset can also be divided into two categories, current and non-current.