Aberdeen Accounts Payable vs Total Assets Analysis
FCO Stock | USD 6.03 0.11 1.86% |
Aberdeen Global financial indicator trend analysis is way more than just evaluating Aberdeen Global IF prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aberdeen Global IF is a good investment. Please check the relationship between Aberdeen Global Accounts Payable and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aberdeen Global IF. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberdeen Global IF Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aberdeen Global's Accounts Payable and Total Assets is 0.41. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Aberdeen Global IF, assuming nothing else is changed. The correlation between historical values of Aberdeen Global's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Aberdeen Global IF are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Aberdeen Global's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Aberdeen Global 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 Aberdeen Global IF 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.Total Assets
Total assets refers to the total amount of Aberdeen Global 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 Aberdeen Global IF 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.Most indicators from Aberdeen Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aberdeen Global IF 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 Aberdeen Global IF. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Aberdeen Global's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Issuance Of Capital Stock is likely to drop about 9.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.0M | 4.8M | 4.3M | 4.0M | Net Interest Income | 3.6M | 3.7M | 3.3M | 3.5M |
Aberdeen Global fundamental ratios Correlations
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Aberdeen Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aberdeen Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 81.3M | 78.3M | 62.2M | 71.1M | 64.0M | 99.0M | |
Other Current Liab | (703.9K) | (317.7K) | 810.2K | (82.1K) | (73.9K) | (70.2K) | |
Total Stockholder Equity | 57.1M | 55.7M | 43.8M | 50.1M | 45.1M | 74.3M | |
Net Tangible Assets | 68.3M | 57.1M | 55.7M | 43.8M | 39.4M | 69.9M | |
Retained Earnings | (9.4M) | (6.2M) | (23.2M) | (20.7M) | (18.6M) | (17.7M) | |
Accounts Payable | 703.9K | 317.7K | 221.7K | 82.1K | 73.9K | 70.2K | |
Cash | 2.6M | 263.2K | 171.8K | 479.6K | 431.7K | 410.1K | |
Other Assets | 910.0K | 1.0M | (195.8K) | 1.0M | 1.2M | 1.2M | |
Net Receivables | 1.8M | 1.1M | 1.0M | 1.4M | 1.3M | 2.2M | |
Other Stockholder Equity | 66.5M | 61.9M | 66.9M | 70.8M | 81.4M | 77.3M | |
Total Liab | 24.1M | 22.6M | 18.4M | 20.9M | 18.8M | 24.6M | |
Long Term Investments | 75.8M | 76.1M | 60.5M | 68.1M | 61.3M | 84.0M | |
Common Stock | 8.7K | 8.9K | 11.0K | 13.4K | 15.4K | 10.3K | |
Other Liab | 4.6K | 7.6K | 9.6K | 295.0 | 265.5 | 252.23 | |
Short Long Term Debt Total | 20.3M | 21.9M | 17.4M | 20.4M | 18.3M | 24.7M | |
Total Current Liabilities | 703.9K | 317.7K | 1.0M | 82.1K | 73.9K | 70.2K | |
Net Debt | 17.7M | 21.6M | 17.2M | (479.6K) | (431.7K) | (410.1K) | |
Non Current Assets Total | 75.8M | 76.1M | 60.5M | 68.1M | 61.3M | 91.1M | |
Non Currrent Assets Other | (75.8M) | (76.1M) | (60.5M) | (68.1M) | (78.4M) | (82.3M) | |
Cash And Short Term Investments | 2.6M | 263.2K | 171.8K | 479.6K | 431.7K | 410.1K | |
Common Stock Shares Outstanding | 8.9M | 9.1M | 11.0M | 11.6M | 13.4M | 10.2M | |
Liabilities And Stockholders Equity | 81.3M | 78.3M | 62.2M | 71.1M | 64.0M | 94.6M | |
Non Current Liabilities Total | 20.3M | 21.9M | 17.4M | 20.4M | 18.3M | 20.7M | |
Total Current Assets | 4.5M | 1.1M | 1.8M | 1.9M | 1.7M | 1.6M | |
Other Current Assets | 1.3M | 1.4M | 873.5K | (1.6M) | (1.4M) | (1.4M) | |
Inventory | (1.4M) | (1.3M) | 1.0 | 1.6M | 1.8M | 1.9M | |
Net Invested Capital | 77.4M | 77.6M | 61.1M | 70.5M | 63.4M | 67.9M | |
Capital Stock | 8.7K | 8.9K | 11.0K | 13.4K | 15.4K | 10.9K |
Pair Trading with Aberdeen Global
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 Aberdeen Global 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 Aberdeen Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Aberdeen Stock
0.66 | DIST | Distoken Acquisition | PairCorr |
0.72 | AB | AllianceBernstein | PairCorr |
0.86 | AC | Associated Capital | PairCorr |
Moving against Aberdeen Stock
The ability to find closely correlated positions to Aberdeen Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Global 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 Aberdeen Global - 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 Aberdeen Global IF to buy it.
The correlation of Aberdeen Global 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 Aberdeen Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Global IF 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 Aberdeen Global 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aberdeen Global IF. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aberdeen Global. If investors know Aberdeen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aberdeen Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.135 | Dividend Share 0.84 | Earnings Share 0.42 | Revenue Per Share 0.391 | Quarterly Revenue Growth 0.212 |
The market value of Aberdeen Global IF is measured differently than its book value, which is the value of Aberdeen that is recorded on the company's balance sheet. Investors also form their own opinion of Aberdeen Global's value that differs from its market value or its book value, called intrinsic value, which is Aberdeen Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aberdeen Global's market value can be influenced by many factors that don't directly affect Aberdeen Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aberdeen Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aberdeen Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberdeen Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.