Above Non Currrent Assets Other vs Cash And Short Term Investments 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 Non Currrent Assets Other and its Cash And Short Term Investments 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.
Non Currrent Assets Other vs Cash And Short Term Investments
Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Above Food Ingredients Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Above Food's Non Currrent Assets Other and Cash And Short Term Investments is 0.1. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments 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 Non Currrent Assets Other and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Above Food Ingredients are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Above Food's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Above Food Ingredients balance sheet. This account contains Above Food investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Above Food Ingredients fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Amortization | 1.4M | 3.0M | 3.6M | 2.9M | Interest Income | 82.3K | 296.5K | 245.3K | 228.8K |
Above Food fundamental ratios Correlations
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Above Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.