Aberdeen Current Deferred Revenue vs Inventory Analysis

ADIG Stock   42.40  0.20  0.47%   
Aberdeen Diversified financial indicator trend analysis is way more than just evaluating Aberdeen Diversified prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aberdeen Diversified is a good investment. Please check the relationship between Aberdeen Diversified Current Deferred Revenue and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aberdeen Diversified Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Inventory

Current Deferred Revenue vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberdeen Diversified Current Deferred Revenue account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aberdeen Diversified's Current Deferred Revenue and Inventory is -0.28. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Inventory in the same time period over historical financial statements of Aberdeen Diversified Income, assuming nothing else is changed. The correlation between historical values of Aberdeen Diversified's Current Deferred Revenue and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Aberdeen Diversified Income are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Current Deferred Revenue i.e., Aberdeen Diversified's Current Deferred Revenue and Inventory go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Inventory

Most indicators from Aberdeen Diversified's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aberdeen Diversified 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 Aberdeen Diversified Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 1.3 M in 2024. Tax Provision is likely to gain to about 3.4 M in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.4M1.2M1.4M1.3M
Research Development0.230.190.220.21

Aberdeen Diversified fundamental ratios Correlations

0.970.340.070.230.110.030.890.81-0.39-0.86-0.530.230.140.76-0.240.00.39-0.280.030.220.20.0-0.020.740.65
0.970.190.00.110.11-0.080.810.67-0.23-0.87-0.380.110.080.68-0.210.00.26-0.090.010.320.12-0.08-0.090.660.56
0.340.190.490.640.080.430.320.57-0.59-0.3-0.480.560.280.230.310.050.89-0.530.01-0.330.560.230.140.250.4
0.070.00.490.430.020.30.130.28-0.360.16-0.40.50.710.340.550.080.49-0.50.23-0.290.330.08-0.330.390.18
0.230.110.640.430.15-0.060.230.5-0.51-0.05-0.640.890.270.360.190.170.84-0.520.220.010.69-0.13-0.120.520.73
0.110.110.080.020.15-0.320.030.03-0.15-0.210.080.33-0.25-0.23-0.130.980.020.140.230.560.79-0.52-0.330.210.33
0.03-0.080.430.3-0.06-0.320.290.35-0.46-0.05-0.23-0.260.230.110.29-0.30.12-0.54-0.34-0.52-0.210.880.30.05-0.19
0.890.810.320.130.230.030.290.92-0.48-0.67-0.620.120.320.83-0.2-0.030.34-0.420.080.020.140.290.130.830.54
0.810.670.570.280.50.030.350.92-0.72-0.61-0.840.410.340.79-0.18-0.010.62-0.650.02-0.130.340.290.170.810.69
-0.39-0.23-0.59-0.36-0.51-0.15-0.46-0.48-0.720.410.83-0.54-0.06-0.340.17-0.14-0.550.880.330.21-0.44-0.32-0.05-0.48-0.64
-0.86-0.87-0.30.16-0.05-0.21-0.05-0.67-0.610.410.35-0.110.29-0.360.27-0.06-0.250.150.3-0.31-0.180.010.1-0.41-0.57
-0.53-0.38-0.48-0.4-0.640.08-0.23-0.62-0.840.830.35-0.63-0.3-0.670.230.08-0.650.820.070.22-0.33-0.16-0.12-0.68-0.76
0.230.110.560.50.890.33-0.260.120.41-0.54-0.11-0.630.190.260.050.330.77-0.50.180.080.78-0.38-0.290.460.77
0.140.080.280.710.27-0.250.230.320.34-0.060.29-0.30.190.630.29-0.180.38-0.30.39-0.520.040.270.130.46-0.07
0.760.680.230.340.36-0.230.110.830.79-0.34-0.36-0.670.260.63-0.12-0.250.41-0.490.24-0.110.030.180.140.850.48
-0.24-0.210.310.550.19-0.130.29-0.2-0.180.170.270.230.050.29-0.12-0.080.20.010.33-0.030.040.06-0.38-0.09-0.21
0.00.00.050.080.170.98-0.3-0.03-0.01-0.14-0.060.080.33-0.18-0.25-0.080.020.130.270.50.79-0.5-0.310.20.27
0.390.260.890.490.840.020.120.340.62-0.55-0.25-0.650.770.380.410.20.02-0.520.13-0.30.610.00.110.40.59
-0.28-0.09-0.53-0.5-0.520.14-0.54-0.42-0.650.880.150.82-0.5-0.3-0.490.010.13-0.520.170.34-0.22-0.43-0.12-0.48-0.49
0.030.010.010.230.220.23-0.340.080.020.330.30.070.180.390.240.330.270.130.170.270.28-0.48-0.070.270.02
0.220.32-0.33-0.290.010.56-0.520.02-0.130.21-0.310.220.08-0.52-0.11-0.030.5-0.30.340.270.26-0.63-0.550.210.38
0.20.120.560.330.690.79-0.210.140.34-0.44-0.18-0.330.780.040.030.040.790.61-0.220.280.26-0.42-0.220.390.61
0.0-0.080.230.08-0.13-0.520.880.290.29-0.320.01-0.16-0.380.270.180.06-0.50.0-0.43-0.48-0.63-0.420.420.03-0.28
-0.02-0.090.14-0.33-0.12-0.330.30.130.17-0.050.1-0.12-0.290.130.14-0.38-0.310.11-0.12-0.07-0.55-0.220.42-0.16-0.28
0.740.660.250.390.520.210.050.830.81-0.48-0.41-0.680.460.460.85-0.090.20.4-0.480.270.210.390.03-0.160.72
0.650.560.40.180.730.33-0.190.540.69-0.64-0.57-0.760.77-0.070.48-0.210.270.59-0.490.020.380.61-0.28-0.280.72
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Aberdeen Diversified Account Relationship Matchups

Aberdeen Diversified fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets451.4M401.9M385.9M362.6M326.4M397.8M
Total Stockholder Equity386.2M382.1M363.4M339.5M305.6M325.2M
Retained Earnings151.7M147.6M128.8M35.3M40.6M38.5M
Cash17.4M7.2M7.2M21.0M18.9M14.4M
Other Assets3.7M3.6M2.2M(87K)(100.1K)(95.0K)
Long Term Debt59.5M59.5M59.5M15.7M14.1M13.4M
Total Liab59.5M15.7M22.5M23.1M20.8M19.7M
Common Stock Shares Outstanding329.5M319.8M311.5M304.3M350.0M323.0M
Other Current Liab5.7M4.1M6.9M7.4M8.5M8.9M
Total Current Liabilities5.7M4.1M6.9M9.0M8.1M13.2M
Net Debt42.1M8.5M8.5M(5.3M)(6.1M)(5.8M)
Non Current Assets Total429.6M390.8M374.7M340.1M306.1M364.9M
Non Currrent Assets Other(2.1M)(2.7M)(1.2M)(340.1M)(391.1M)(410.6M)
Cash And Short Term Investments17.4M7.2M7.2M21.0M18.9M12.2M
Net Receivables682K335K1.8M62K55.8K53.0K
Liabilities And Stockholders Equity451.4M401.9M385.9M362.6M326.4M382.4M
Non Current Liabilities Total59.5M15.7M22.5M15.7M18.1M29.0M
Total Current Assets18.1M7.5M9.0M22.7M20.4M15.4M
Other Current Assets3.1M2.4M4.8M1.6M1.5M1.4M
Inventory(3.1M)(1.6M)(3.8M)(965K)(868.5K)(825.1K)
Short Long Term Debt Total59.5M15.7M15.7M15.7M14.2M13.4M
Net Tangible Assets413.7M386.2M382.1M363.4M327.0M315.6M
Long Term Investments429.6M390.8M374.7M340.1M306.1M338.4M
Net Invested Capital445.8M397.8M379.1M355.3M319.7M346.9M

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