Above Net Working Capital from 2010 to 2024

ABVEW Stock   0.04  0.02  89.05%   
Above Food Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Above Food Net Working Capital regression line of quarterly data had r-squared of  0.47 and coefficient of variation of (365.20). View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-85.4 M
Current Value
-81.1 M
Quarterly Volatility
32.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Above Food Ingredients over the last few years. It is Above Food's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Above Net Working Capital Regression Statistics

Arithmetic Mean(8,853,349)
Coefficient Of Variation(365.20)
Mean Deviation23,821,042
Median6,034,802
Standard Deviation32,332,836
Sample Variance1045.4T
Range91.4M
R-Value(0.68)
Mean Square Error600.8T
R-Squared0.47
Significance0.01
Slope(4,937,204)
Total Sum of Squares14635.8T

Above Net Working Capital History

2024-81.1 M
2023-85.4 M
2022-38.7 M

About Above Food Financial Statements

Above Food investors use historical fundamental indicators, such as Above Food's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Above Food. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital-85.4 M-81.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Above Stock Analysis

When running Above Food's price analysis, check to measure Above Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.