Abrdn Total Liab vs Current Deferred Revenue Analysis
FAP Stock | CAD 2.76 0.01 0.36% |
Abrdn Asia financial indicator trend analysis is way more than just evaluating abrdn Asia Pacific prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether abrdn Asia Pacific is a good investment. Please check the relationship between Abrdn Asia Total Liab and its Current Deferred Revenue accounts. 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.
Total Liab vs Current Deferred Revenue
Total Liab vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of abrdn Asia Pacific Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abrdn Asia's Total Liab and Current Deferred Revenue is -0.63. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of abrdn Asia Pacific, assuming nothing else is changed. The correlation between historical values of Abrdn Asia's Total Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of abrdn Asia Pacific are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Abrdn Asia's Total Liab and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Abrdn Asia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Enterprise Value is likely to drop about 172.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 13.0M | 10.1M | 9.1M | 14.3M | Interest Income | 36.1M | 13.6M | 12.3M | 19.3M |
Abrdn Asia fundamental ratios Correlations
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Abrdn Asia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abrdn Asia fundamental ratios 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) | (71.5K) | (267.9K) | (241.1K) | (229.0K) | |
Total Current Liabilities | 4.7M | 766.5K | 71.5K | 267.9K | 241.1K | 229.0K | |
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 | 71.5K | 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 | 179.3M | 206.2M | 328.3M | |
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 | 4.2M | 3.8M | 3.6M | |
Net Receivables | 6.9M | 5.9M | 4.4M | 3.8M | 3.4M | 6.5M | |
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 | 5.3M | 4.8M | 3.5M | |
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 | 8.0M | 7.2M | 6.9M | |
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 together with Abrdn Stock
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.