Aberdeen Net Debt vs Other Stockholder Equity 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 Net Debt and its Other Stockholder Equity 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.

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberdeen Diversified Net Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aberdeen Diversified's Net Debt and Other Stockholder Equity is -0.52. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Stockholder Equity 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 Net Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Aberdeen Diversified Income are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Debt i.e., Aberdeen Diversified's Net Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Other Stockholder Equity

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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