Associated Total Stockholder Equity vs Net Debt Analysis

ABF Stock   2,198  8.00  0.37%   
Associated British financial indicator trend analysis is way more than just evaluating Associated British Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated British Foods is a good investment. Please check the relationship between Associated British Total Stockholder Equity and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated British Foods. 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.

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated British Foods Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Associated British's Total Stockholder Equity and Net Debt is 0.84. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Associated British Foods, assuming nothing else is changed. The correlation between historical values of Associated British's Total Stockholder Equity and Net Debt 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 Stockholder Equity of Associated British Foods are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Associated British's Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Associated British's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated British Foods 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 Associated British Foods. 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.
As of December 2, 2024, Selling General Administrative is expected to decline to about 953 M
 2021 2022 2023 2024 (projected)
Interest Expense111M128M135M123M
Depreciation And Amortization870M886M949M916M

Associated British fundamental ratios Correlations

0.95-0.120.890.990.960.890.990.280.810.990.210.85-0.48-0.170.970.750.11-0.150.990.970.83-0.440.870.940.63
0.95-0.10.740.921.00.910.920.110.870.97-0.010.9-0.34-0.261.00.550.03-0.310.980.890.91-0.30.920.990.49
-0.12-0.1-0.01-0.13-0.15-0.22-0.21-0.80.07-0.18-0.65-0.030.79-0.89-0.12-0.010.68-0.04-0.10.02-0.010.790.28-0.11-0.29
0.890.74-0.010.910.740.720.880.410.580.840.430.61-0.51-0.090.780.930.270.070.860.950.56-0.470.680.70.67
0.990.92-0.130.910.930.840.990.320.80.980.270.84-0.51-0.140.940.770.12-0.070.970.980.81-0.470.840.90.64
0.961.0-0.150.740.930.910.930.170.860.980.030.89-0.4-0.210.990.560.0-0.340.980.880.89-0.360.90.980.54
0.890.91-0.220.720.840.910.860.30.590.930.20.64-0.54-0.040.930.660.15-0.330.920.790.72-0.520.780.890.71
0.990.92-0.210.880.990.930.860.360.790.980.30.83-0.57-0.080.940.740.08-0.050.960.950.82-0.530.810.910.65
0.280.11-0.80.410.320.170.30.36-0.150.290.93-0.05-0.930.870.170.51-0.320.170.240.24-0.12-0.93-0.220.080.62
0.810.870.070.580.80.860.590.79-0.150.8-0.260.99-0.03-0.460.850.29-0.12-0.220.810.80.920.020.880.890.12
0.990.97-0.180.840.980.980.930.980.290.80.20.84-0.51-0.130.990.710.08-0.20.990.930.85-0.480.860.960.64
0.21-0.01-0.650.430.270.030.20.30.93-0.260.2-0.18-0.870.790.060.58-0.070.460.150.21-0.18-0.87-0.26-0.040.61
0.850.9-0.030.610.840.890.640.83-0.050.990.84-0.18-0.13-0.370.870.33-0.17-0.210.840.820.93-0.080.860.910.18
-0.48-0.340.79-0.51-0.51-0.4-0.54-0.57-0.93-0.03-0.51-0.87-0.13-0.74-0.41-0.590.17-0.08-0.45-0.39-0.131.0-0.02-0.31-0.79
-0.17-0.26-0.89-0.09-0.14-0.21-0.04-0.080.87-0.46-0.130.79-0.37-0.74-0.210.03-0.520.17-0.19-0.25-0.4-0.76-0.6-0.270.29
0.971.0-0.120.780.940.990.930.940.170.850.990.060.87-0.41-0.210.620.05-0.290.990.910.88-0.360.910.990.55
0.750.55-0.010.930.770.560.660.740.510.290.710.580.33-0.590.030.620.460.10.710.80.31-0.570.50.50.83
0.110.030.680.270.120.00.150.08-0.32-0.120.08-0.07-0.170.17-0.520.050.460.150.10.180.00.160.29-0.010.36
-0.15-0.31-0.040.07-0.07-0.34-0.33-0.050.17-0.22-0.20.46-0.21-0.080.17-0.290.10.15-0.23-0.05-0.08-0.09-0.27-0.27-0.17
0.990.98-0.10.860.970.980.920.960.240.810.990.150.84-0.45-0.190.990.710.1-0.230.950.84-0.410.890.960.61
0.970.890.020.950.980.880.790.950.240.80.930.210.82-0.39-0.250.910.80.18-0.050.950.77-0.340.850.870.56
0.830.91-0.010.560.810.890.720.82-0.120.920.85-0.180.93-0.13-0.40.880.310.0-0.080.840.77-0.090.90.940.19
-0.44-0.30.79-0.47-0.47-0.36-0.52-0.53-0.930.02-0.48-0.87-0.081.0-0.76-0.36-0.570.16-0.09-0.41-0.34-0.090.01-0.27-0.79
0.870.920.280.680.840.90.780.81-0.220.880.86-0.260.86-0.02-0.60.910.50.29-0.270.890.850.90.010.920.34
0.940.99-0.110.70.90.980.890.910.080.890.96-0.040.91-0.31-0.270.990.5-0.01-0.270.960.870.94-0.270.920.42
0.630.49-0.290.670.640.540.710.650.620.120.640.610.18-0.790.290.550.830.36-0.170.610.560.19-0.790.340.42
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Associated British Account Relationship Matchups

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Other Information on Investing in Associated Stock

Balance Sheet is a snapshot of the financial position of Associated British Foods at a specified time, usually calculated after every quarter, six months, or one year. Associated British Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Associated British 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 Associated currently owns. An asset can also be divided into two categories, current and non-current.