Abrdn Historical Balance Sheet
FAP Stock | CAD 2.77 0.02 0.73% |
Trend analysis of abrdn Asia Pacific balance sheet accounts such as Total Stockholder Equity of 108.2 M or Net Debt of 75.8 M provides information on Abrdn Asia's total assets, liabilities, and equity, which is the actual value of abrdn Asia Pacific to its prevalent stockholders. By breaking down trends over time using Abrdn Asia balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining abrdn Asia Pacific latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether abrdn Asia Pacific is a good buy for the upcoming year.
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About Abrdn Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of abrdn Asia Pacific at a specified time, usually calculated after every quarter, six months, or one year. Abrdn Asia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Abrdn Asia 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.
Abrdn Asia Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Abrdn Asia assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in abrdn Asia Pacific books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Abrdn Asia obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of abrdn Asia Pacific are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Abrdn Asia's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into abrdn Asia Pacific current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in abrdn Asia Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Abrdn Asia's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of November 2024, Non Current Liabilities Total is likely to grow to about 75 M, though Other Current Liabilities is likely to grow to (229 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 129.7M | 126.6M | 113.9M | 108.2M | Total Current Liabilities | 71.5K | 5.5M | 5.0M | 4.7M |
Abrdn Asia balance sheet Correlations
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Abrdn Asia Account Relationship Matchups
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High Negative Relationship
Abrdn Asia balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 284.7M | 261.9M | 188.6M | 187.4M | 168.6M | 326.8M | |
Other Current Liab | (4.7M) | (766.5K) | (202.8K) | (267.9K) | (241.1K) | (229.0K) | |
Total Current Liabilities | 4.7M | 766.5K | 71.5K | 5.5M | 5.0M | 4.7M | |
Total Stockholder Equity | 205.2M | 184.3M | 129.7M | 126.6M | 113.9M | 108.2M | |
Net Debt | 62.7M | 60.0M | 55.4M | 50.7M | 45.7M | 75.8M | |
Retained Earnings | (272.0M) | (271.7M) | (285.7M) | (294.1M) | (264.7M) | (277.9M) | |
Accounts Payable | 4.7M | 766.5K | 202.8K | 267.9K | 241.1K | 229.0K | |
Cash | 6.8M | 14.1M | 1.3M | 4.2M | 4.9M | 8.7M | |
Non Current Assets Total | 266.7M | 240.1M | 182.7M | 174.2M | 200.3M | 328.0M | |
Non Currrent Assets Other | (266.7M) | (240.1M) | (182.7M) | (179.3M) | (161.4M) | (169.5M) | |
Cash And Short Term Investments | 6.8M | 14.1M | 1.3M | 9.4M | 8.4M | 8.0M | |
Net Receivables | 6.9M | 5.9M | 3.9M | 3.6M | 3.3M | 6.3M | |
Common Stock Shares Outstanding | 51.4M | 50.9M | 50.7M | 43.0M | 49.4M | 54.5M | |
Short Term Investments | 58.6K | 491.0K | 182.7M | 5.1M | 4.6M | 4.4M | |
Liabilities And Stockholders Equity | 284.7M | 261.9M | 188.6M | 187.4M | 168.6M | 326.8M | |
Non Current Liabilities Total | 69.5M | 74.1M | 71.5K | 55.0M | 49.5M | 75.0M | |
Inventory | (58.6K) | (491.0K) | (561.1K) | (5.1M) | (4.6M) | (4.4M) | |
Other Current Assets | 8.4M | 3.7M | 561.1K | 174.9K | 157.4K | 149.5K | |
Other Stockholder Equity | 443.8M | 435.2M | (66.5M) | (47.1M) | (42.4M) | (40.3M) | |
Total Liab | 79.5M | 77.6M | 188.6M | 60.8M | 54.7M | 95.7M | |
Total Current Assets | 13.7M | 20.1M | 5.8M | 13.2M | 11.8M | 11.3M | |
Short Long Term Debt Total | 69.5M | 74.1M | 56.7M | 55.0M | 49.5M | 86.8M | |
Current Deferred Revenue | (69.1M) | (74.8M) | (56.7M) | (54.7M) | (62.9M) | (66.1M) | |
Other Assets | 4.3M | 1.7M | 14.4K | 1.1K | 952.2 | 904.59 | |
Short Term Debt | 69.5M | 74.1M | 56.7M | 55.0M | 49.5M | 76.1M | |
Net Tangible Assets | 230.6M | 205.2M | 184.3M | 129.7M | 116.7M | 185.5M | |
Long Term Investments | 266.7M | 240.1M | 182.7M | 179.3M | 161.4M | 238.5M | |
Net Invested Capital | 274.7M | 258.5M | 56.7M | 181.6M | 163.4M | 203.5M |
Pair Trading with Abrdn Asia
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abrdn Asia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abrdn Asia will appreciate offsetting losses from the drop in the long position's value.Moving against Abrdn Stock
The ability to find closely correlated positions to Abrdn Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abrdn Asia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abrdn Asia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling abrdn Asia Pacific to buy it.
The correlation of Abrdn Asia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abrdn Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if abrdn Asia Pacific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abrdn Asia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Abrdn Stock
Balance Sheet is a snapshot of the financial position of abrdn Asia Pacific at a specified time, usually calculated after every quarter, six months, or one year. Abrdn Asia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Abrdn Asia 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.