ABM Retained Earnings vs Property Plant And Equipment Net Analysis
ABM Stock | USD 57.17 0.18 0.32% |
ABM Industries financial indicator trend analysis is way more than just evaluating ABM Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABM Industries is a good investment. Please check the relationship between ABM Industries Retained Earnings and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. 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 labor statistics.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABM Industries Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ABM Industries' Retained Earnings and Property Plant And Equipment Net is 0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of ABM Industries Incorporated, assuming nothing else is changed. The correlation between historical values of ABM Industries' Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ABM Industries Incorporated are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., ABM Industries' Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from ABM Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABM Industries 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 ABM Industries Incorporated. 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 labor statistics. As of the 1st of December 2024, Selling General Administrative is likely to grow to about 691.7 M. Also, Discontinued Operations is likely to grow to about 94.5 K
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 41.1M | 82.3M | 94.6M | 99.4M | Depreciation And Amortization | 74.4M | 120.7M | 138.8M | 145.7M |
ABM Industries fundamental ratios Correlations
Click cells to compare fundamentals
ABM Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ABM Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.4B | 4.9B | 4.9B | 5.7B | 6.0B | |
Short Long Term Debt Total | 886.1M | 1.0B | 1.4B | 1.4B | 1.7B | 1.7B | |
Other Current Liab | 507.9M | 791.9M | 612.2M | 546.7M | 628.7M | 660.1M | |
Total Current Liabilities | 986.9M | 1.3B | 1.4B | 1.2B | 1.4B | 1.5B | |
Total Stockholder Equity | 1.5B | 1.6B | 1.7B | 1.8B | 2.1B | 2.2B | |
Property Plant And Equipment Net | 276.8M | 238.4M | 240.6M | 244.9M | 281.6M | 295.7M | |
Net Debt | 491.9M | 969.8M | 1.3B | 1.4B | 1.6B | 1.7B | |
Retained Earnings | 806.4M | 880.2M | 1.1B | 1.2B | 1.4B | 1.5B | |
Non Current Assets Total | 2.3B | 3.0B | 3.3B | 3.2B | 3.7B | 3.9B | |
Non Currrent Assets Other | 136M | 131.1M | 151.6M | 118.6M | 136.4M | 143.2M | |
Net Receivables | 906.4M | 1.2B | 1.4B | 1.5B | 1.7B | 1.8B | |
Common Stock Shares Outstanding | 67.3M | 68M | 67.5M | 66.3M | 76.2M | 53.2M | |
Liabilities And Stockholders Equity | 3.8B | 4.4B | 4.9B | 4.9B | 5.7B | 6.0B | |
Non Current Liabilities Total | 1.3B | 1.5B | 1.8B | 1.9B | 2.2B | 2.3B | |
Inventory | 85.4M | 88.7M | 82.1M | 78.5M | 90.3M | 94.8M | |
Other Current Assets | 141.3M | 148.8M | 133.7M | 137M | 157.6M | 165.4M | |
Other Stockholder Equity | 724M | 750.8M | 675.5M | 558.9M | 642.7M | 674.9M | |
Total Liab | 2.3B | 2.8B | 3.2B | 3.1B | 3.6B | 3.8B | |
Property Plant And Equipment Gross | 276.8M | 238.4M | 240.6M | 571.4M | 657.1M | 690.0M | |
Total Current Assets | 1.4B | 1.4B | 1.6B | 1.7B | 2.0B | 2.1B | |
Accumulated Other Comprehensive Income | (30.8M) | (22.5M) | (16.2M) | (9.2M) | (10.6M) | (11.1M) | |
Short Term Debt | 154M | 68.2M | 214.6M | 64M | 73.6M | 54.3M | |
Intangible Assets | 239.7M | 424.8M | 378.5M | 302.9M | 348.3M | 365.8M | |
Accounts Payable | 273.3M | 289.4M | 315.5M | 299.1M | 344.0M | 361.2M | |
Current Deferred Revenue | 51.7M | 136.3M | 46.3M | 231.3M | 266.0M | 179.3M | |
Other Liab | 537M | 571.8M | 601.3M | 526.2M | 605.1M | 364.0M | |
Long Term Debt | 603M | 852.8M | 1.1B | 1.3B | 1.5B | 1.5B | |
Property Plant Equipment | 276.8M | 238.4M | 240.6M | 244.9M | 281.6M | 295.7M | |
Good Will | 1.7B | 2.2B | 2.5B | 2.5B | 2.9B | 3.0B | |
Net Tangible Assets | (410.8M) | (1.0B) | 1.3B | (994.3M) | (894.9M) | (850.1M) | |
Retained Earnings Total Equity | 771.2M | 856.3M | 880.2M | 1.1B | 1.2B | 754.1M | |
Long Term Debt Total | 744.2M | 605.8M | 852.8M | 1.1B | 1.2B | 1.3B | |
Capital Surpluse | 708.9M | 724.1M | 750.9M | 675.5M | 776.8M | 519.1M |
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Is Environmental & Facilities Services 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 ABM Industries. If investors know ABM 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 ABM Industries 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 (0.95) | Dividend Share 0.895 | Earnings Share 2.42 | Revenue Per Share 129.802 | Quarterly Revenue Growth 0.033 |
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' 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 ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' 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 ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' 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.