Above Long Term Debt vs Property Plant And Equipment Net Analysis

ABVEW Stock   0.04  0.02  89.05%   
Above Food financial indicator trend analysis is way more than just evaluating Above Food Ingredients prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Above Food Ingredients is a good investment. Please check the relationship between Above Food Long Term Debt 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 Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt 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 Above Food Ingredients Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Above Food's Long Term Debt and Property Plant And Equipment Net is -0.98. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Above Food Ingredients, assuming nothing else is changed. The correlation between historical values of Above Food's Long Term Debt 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 Long Term Debt of Above Food Ingredients 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 Long Term Debt i.e., Above Food's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Above Food Ingredients has held for over one year. Long-term debt appears on Above Food Ingredients balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Above Food Ingredients balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Above Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Above Food Ingredients 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 Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Above Food's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 342.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.2 M in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization1.4M3.0M3.6M2.9M
Interest Income82.3K296.5K245.3K228.8K

Above Food fundamental ratios Correlations

0.890.080.580.510.89-0.620.610.96-0.490.61-0.40.910.580.580.760.730.510.580.54-0.56-0.24-0.40.580.44-0.6
0.890.20.880.091.0-0.890.90.78-0.150.9-0.70.70.880.880.750.360.730.770.73-0.8-0.49-0.510.880.71-0.85
0.080.20.15-0.060.2-0.120.120.050.690.12-0.26-0.170.150.15-0.48-0.02-0.38-0.1-0.370.23-0.920.680.15-0.24-0.06
0.580.880.15-0.390.88-1.01.00.390.161.0-0.890.331.01.00.67-0.120.850.890.86-0.93-0.52-0.621.00.82-0.97
0.510.09-0.06-0.390.090.36-0.350.69-0.72-0.350.550.71-0.39-0.390.130.96-0.3-0.35-0.310.340.250.2-0.4-0.30.38
0.891.00.20.880.09-0.890.90.78-0.150.9-0.690.710.880.880.750.360.730.770.73-0.8-0.49-0.510.880.71-0.85
-0.62-0.89-0.12-1.00.36-0.89-1.0-0.43-0.11-1.00.9-0.36-1.0-1.0-0.710.08-0.86-0.92-0.870.940.490.64-1.0-0.810.99
0.610.90.121.0-0.350.9-1.00.430.11.0-0.880.381.01.00.71-0.070.870.90.87-0.94-0.49-0.651.00.84-0.98
0.960.780.050.390.690.78-0.430.43-0.60.43-0.150.970.390.40.660.870.370.360.36-0.39-0.15-0.290.390.35-0.38
-0.49-0.150.690.16-0.72-0.15-0.110.1-0.60.1-0.38-0.750.160.16-0.6-0.74-0.24-0.02-0.220.12-0.690.470.16-0.13-0.1
0.610.90.121.0-0.350.9-1.01.00.430.1-0.880.381.01.00.71-0.070.870.90.87-0.94-0.49-0.651.00.84-0.98
-0.4-0.7-0.26-0.890.55-0.690.9-0.88-0.15-0.38-0.88-0.04-0.89-0.89-0.490.31-0.65-0.91-0.740.780.550.45-0.89-0.520.94
0.910.7-0.170.330.710.71-0.360.380.97-0.750.38-0.040.330.330.720.870.430.320.4-0.40.05-0.420.330.42-0.32
0.580.880.151.0-0.390.88-1.01.00.390.161.0-0.890.331.00.67-0.120.850.890.86-0.93-0.52-0.621.00.82-0.97
0.580.880.151.0-0.390.88-1.01.00.40.161.0-0.890.331.00.67-0.120.850.890.85-0.93-0.52-0.621.00.82-0.97
0.760.75-0.480.670.130.75-0.710.710.66-0.60.71-0.490.720.670.670.350.870.80.9-0.850.18-0.890.660.7-0.73
0.730.36-0.02-0.120.960.360.08-0.070.87-0.74-0.070.310.87-0.12-0.120.35-0.07-0.09-0.070.090.120.02-0.12-0.070.11
0.510.73-0.380.85-0.30.73-0.860.870.37-0.240.87-0.650.430.850.850.87-0.070.840.98-0.98-0.01-0.930.850.93-0.85
0.580.77-0.10.89-0.350.77-0.920.90.36-0.020.9-0.910.320.890.890.8-0.090.840.93-0.92-0.23-0.750.890.65-0.97
0.540.73-0.370.86-0.310.73-0.870.870.36-0.220.87-0.740.40.860.850.9-0.070.980.93-0.98-0.01-0.930.850.83-0.9
-0.56-0.80.23-0.930.34-0.80.94-0.94-0.390.12-0.940.78-0.4-0.93-0.93-0.850.09-0.98-0.92-0.980.160.87-0.93-0.890.94
-0.24-0.49-0.92-0.520.25-0.490.49-0.49-0.15-0.69-0.490.550.05-0.52-0.520.180.12-0.01-0.23-0.010.16-0.35-0.52-0.160.42
-0.4-0.510.68-0.620.2-0.510.64-0.65-0.290.47-0.650.45-0.42-0.62-0.62-0.890.02-0.93-0.75-0.930.87-0.35-0.62-0.780.67
0.580.880.151.0-0.40.88-1.01.00.390.161.0-0.890.331.01.00.66-0.120.850.890.85-0.93-0.52-0.620.82-0.97
0.440.71-0.240.82-0.30.71-0.810.840.35-0.130.84-0.520.420.820.820.7-0.070.930.650.83-0.89-0.16-0.780.82-0.74
-0.6-0.85-0.06-0.970.38-0.850.99-0.98-0.38-0.1-0.980.94-0.32-0.97-0.97-0.730.11-0.85-0.97-0.90.940.420.67-0.97-0.74
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Above Food Account Relationship Matchups

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