Australian Net Receivables vs Other Assets Analysis

AHF Stock

0.03 0 6.90%

Australian Dairy financial indicator trend analysis is way more than just evaluating Australian Dairy Farms prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Dairy Farms is a good investment. Please check the relationship between Australian Dairy Net Receivables and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Dairy Farms. 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 Receivables vs Other Assets

Net Receivables vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Dairy Farms Net Receivables account and Other Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Australian Dairy's Net Receivables and Other Assets is 0.64. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets in the same time period over historical financial statements of Australian Dairy Farms, assuming nothing else is changed. The correlation between historical values of Australian Dairy's Net Receivables and Other Assets 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 Receivables of Australian Dairy Farms are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Receivables i.e., Australian Dairy's Net Receivables and Other Assets go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Other Assets

Most indicators from Australian Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Dairy Farms 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 Australian Dairy Farms. 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 3.6 M in 2024, whereas Discontinued Operations is likely to drop (2.8 M) in 2024.

	2021	2023	2024 (projected)
Interest Income	6.5K	20.9K	19.9K
Minority Interest	82.7K	74.4K	70.7K

Interest Income Minority Interest

Australian Dairy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory
Total Assets		0.38	0.69	0.51	0.84	0.39	0.41	0.81	0.26	0.83	0.24	0.43	0.77	0.77	0.57	0.84	-0.49	0.53	-0.37	0.95	-0.47	0.27	0.64	0.45	0.04	0.56
Other Current Liab	0.38		0.53	-0.13	0.25	-0.08	0.41	0.5	0.05	0.43	-0.25	-0.12	0.23	0.43	0.27	0.23	-0.49	0.48	0.1	0.36	-0.51	-0.14	-0.02	0.01	-0.08	0.03
Total Current Liabilities	0.69	0.53		0.48	0.68	0.2	0.41	0.68	0.01	0.7	0.55	0.36	0.54	0.68	0.51	0.71	-0.93	0.54	-0.24	0.73	-0.14	0.12	0.3	0.28	-0.3	0.34
Total Stockholder Equity	0.51	-0.13	0.48		0.29	0.37	-0.18	0.17	0.03	0.18	0.54	0.97	0.6	0.1	-0.06	0.65	-0.31	-0.08	-0.91	0.54	0.23	0.22	0.69	0.86	-0.57	0.85
Accounts Payable	0.84	0.25	0.68	0.29		0.09	0.46	0.89	0.25	0.86	0.27	0.17	0.61	0.8	0.68	0.79	-0.53	0.73	-0.08	0.86	-0.4	0.03	0.36	0.16	0.23	0.28
Cash	0.39	-0.08	0.2	0.37	0.09		-0.12	0.07	-0.08	0.27	0.18	0.35	0.19	0.28	0.07	0.19	-0.12	-0.34	-0.29	0.21	0.11	0.9	0.32	0.24	-0.11	0.22
Other Assets	0.41	0.41	0.41	-0.18	0.46	-0.12		0.64	-0.3	0.67	0.13	-0.29	0.33	0.73	0.6	0.34	-0.45	0.8	0.37	0.43	-0.78	-0.17	-0.02	-0.33	0.55	-0.16
Net Receivables	0.81	0.5	0.68	0.17	0.89	0.07	0.64		0.02	0.96	0.14	0.09	0.58	0.92	0.57	0.66	-0.5	0.85	0.0	0.81	-0.63	-0.02	0.33	0.12	0.33	0.26
Other Current Assets	0.26	0.05	0.01	0.03	0.25	-0.08	-0.3	0.02		-0.06	-0.01	0.08	0.16	-0.17	0.16	0.3	0.1	-0.07	-0.2	0.26	0.15	-0.12	0.21	0.29	-0.18	0.25
Total Liab	0.83	0.43	0.7	0.18	0.86	0.27	0.67	0.96	-0.06		0.22	0.07	0.55	0.99	0.67	0.66	-0.55	0.78	0.04	0.81	-0.61	0.18	0.39	0.06	0.37	0.21
Intangible Assets	0.24	-0.25	0.55	0.54	0.27	0.18	0.13	0.14	-0.01	0.22		0.42	0.16	0.22	0.09	0.35	-0.56	0.06	-0.3	0.29	0.33	0.21	0.28	0.25	-0.39	0.32
Common Stock	0.43	-0.12	0.36	0.97	0.17	0.35	-0.29	0.09	0.08	0.07	0.42		0.59	-0.02	-0.15	0.58	-0.15	-0.16	-0.98	0.46	0.27	0.15	0.72	0.94	-0.58	0.92
Property Plant Equipment	0.77	0.23	0.54	0.6	0.61	0.19	0.33	0.58	0.16	0.55	0.16	0.59		0.49	0.45	0.84	-0.33	0.49	-0.58	0.8	-0.32	-0.05	0.63	0.6	0.04	0.65
Short Long Term Debt Total	0.77	0.43	0.68	0.1	0.8	0.28	0.73	0.92	-0.17	0.99	0.22	-0.02	0.49		0.68	0.57	-0.58	0.78	0.14	0.73	-0.62	0.23	0.31	-0.06	0.41	0.09
Other Liab	0.57	0.27	0.51	-0.06	0.68	0.07	0.6	0.57	0.16	0.67	0.09	-0.15	0.45	0.68		0.64	-0.52	0.69	0.21	0.6	-0.4	-0.06	0.27	-0.15	0.44	-0.07
Property Plant And Equipment Net	0.84	0.23	0.71	0.65	0.79	0.19	0.34	0.66	0.3	0.66	0.35	0.58	0.84	0.57	0.64		-0.54	0.55	-0.52	0.9	-0.25	-0.06	0.66	0.56	-0.04	0.62
Current Deferred Revenue	-0.49	-0.49	-0.93	-0.31	-0.53	-0.12	-0.45	-0.5	0.1	-0.55	-0.56	-0.15	-0.33	-0.58	-0.52	-0.54		-0.47	0.02	-0.53	0.11	-0.11	-0.08	-0.01	0.29	-0.06
Net Debt	0.53	0.48	0.54	-0.08	0.73	-0.34	0.8	0.85	-0.07	0.78	0.06	-0.16	0.49	0.78	0.69	0.55	-0.47		0.22	0.63	-0.69	-0.43	0.16	-0.13	0.5	0.02
Retained Earnings	-0.37	0.1	-0.24	-0.91	-0.08	-0.29	0.37	0.0	-0.2	0.04	-0.3	-0.98	-0.58	0.14	0.21	-0.52	0.02	0.22		-0.4	-0.29	-0.08	-0.71	-0.98	0.59	-0.94
Non Current Assets Total	0.95	0.36	0.73	0.54	0.86	0.21	0.43	0.81	0.26	0.81	0.29	0.46	0.8	0.73	0.6	0.9	-0.53	0.63	-0.4		-0.48	0.07	0.65	0.48	0.02	0.58
Non Currrent Assets Other	-0.47	-0.51	-0.14	0.23	-0.4	0.11	-0.78	-0.63	0.15	-0.61	0.33	0.27	-0.32	-0.62	-0.4	-0.25	0.11	-0.69	-0.29	-0.48		0.14	-0.1	0.2	-0.59	0.06
Cash And Short Term Investments	0.27	-0.14	0.12	0.22	0.03	0.9	-0.17	-0.02	-0.12	0.18	0.21	0.15	-0.05	0.23	-0.06	-0.06	-0.11	-0.43	-0.08	0.07	0.14		0.14	0.03	-0.16	0.02
Common Stock Total Equity	0.64	-0.02	0.3	0.69	0.36	0.32	-0.02	0.33	0.21	0.39	0.28	0.72	0.63	0.31	0.27	0.66	-0.08	0.16	-0.71	0.65	-0.1	0.14		0.76	-0.12	0.82
Common Stock Shares Outstanding	0.45	0.01	0.28	0.86	0.16	0.24	-0.33	0.12	0.29	0.06	0.25	0.94	0.6	-0.06	-0.15	0.56	-0.01	-0.13	-0.98	0.48	0.2	0.03	0.76		-0.55	0.98
Non Current Liabilities Total	0.04	-0.08	-0.3	-0.57	0.23	-0.11	0.55	0.33	-0.18	0.37	-0.39	-0.58	0.04	0.41	0.44	-0.04	0.29	0.5	0.59	0.02	-0.59	-0.16	-0.12	-0.55		-0.44
Inventory	0.56	0.03	0.34	0.85	0.28	0.22	-0.16	0.26	0.25	0.21	0.32	0.92	0.65	0.09	-0.07	0.62	-0.06	0.02	-0.94	0.58	0.06	0.02	0.82	0.98	-0.44

Click cells to compare fundamentals

Australian Dairy Account Relationship Matchups

Australian Dairy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.1M	43.1M	44.6M	36.2M	30.3M	22.0M
Other Current Liab	565.1K	566.9K	1.7M	1.2M	1.0M	1.6M
Total Current Liabilities	15.2M	8.7M	4.2M	2.2M	3.6M	3.3M
Total Stockholder Equity	33.3M	34.0M	16.0M	33.6M	26.9M	28.2M
Accounts Payable	2.2M	2.0M	1.8M	485.7K	336.9K	320.1K
Cash	6.4M	6.2M	2.4M	2.0M	6.1M	6.4M
Other Assets	5.2M	4.9M	5.4M	1.0	3.5M	0.95
Net Receivables	2.1M	1.3M	974.2K	660.4K	598.1K	929.7K
Other Current Assets	164.9K	151.0K	7.3M	276.3K	384.1K	636.3K
Total Liab	15.8M	9.1M	4.7M	2.7M	3.6M	5.4M
Intangible Assets	2.8M	429.2K	547.5K	635.7K	393.7K	626.2K
Common Stock	63.9M	71.3M	43.6M	76.1M	76.7M	80.6M
Property Plant Equipment	31.1M	29.2M	27.6M	30.9M	35.6M	18.2M
Short Long Term Debt Total	12.9M	6.5M	1.1M	1.0M	2.3M	2.1M
Other Liab	114.9K	98.2K	95.2K	31.2K	35.9K	34.1K
Property Plant And Equipment Net	36.5M	34.0M	32.0M	27.4M	19.4M	23.0M
Current Deferred Revenue	(12.4M)	(6.2M)	(745.4K)	(555.6K)	1.2M	1.3M
Net Debt	6.6M	297.9K	(1.3M)	(966.9K)	(3.9M)	(3.7M)
Retained Earnings	(31.4M)	(38.2M)	(35.5M)	(48.7M)	(53.5M)	(50.8M)
Non Current Assets Total	39.2M	34.4M	32.5M	28.0M	21.4M	19.0M
Non Currrent Assets Other	(36.2M)	(2.4M)	(1.0)	(28.0M)	1.6M	1.7M
Cash And Short Term Investments	6.4M	6.2M	2.4M	2.1M	6.1M	3.4M
Common Stock Shares Outstanding	360.6M	426.4M	511.5M	559.6M	650.4M	682.9M
Liabilities And Stockholders Equity	49.1M	43.1M	44.6M	36.2M	30.3M	26.5M
Non Current Liabilities Total	639.1K	407.7K	440.7K	516.1K	68.9K	65.5K
Inventory	1.3M	1.0M	1.4M	1.7M	1.9M	2.0M
Other Stockholder Equity	(9.4M)	(10.4M)	(8.0M)	(375.4K)	(337.8K)	(354.7K)
Property Plant And Equipment Gross	31.1M	34.8M	32.5M	28.9M	21.9M	23.0M
Total Current Assets	9.9M	8.7M	12.1M	4.7M	9.0M	5.7M
Accumulated Other Comprehensive Income	720.4K	918.4K	8.0M	6.2M	3.6M	3.8M
Short Term Debt	12.4M	6.2M	745.4K	555.6K	2.2M	2.9M
Net Tangible Assets	7.5M	10.9M	15.5M	33.0M	37.9M	39.8M
Short Term Investments	39.9K	36.0K	57.8K	49.3K	21.1K	40.9K
Long Term Debt Total	524.1K	309.5K	345.5K	484.9K	436.4K	414.6K
Capital Lease Obligations	831.8K	509.5K	588.1K	1.0M	512.7K	694.1K
Net Invested Capital	22.3M	17.3M	16.0M	33.6M	28.6M	21.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Australian Stock Analysis

When running Australian Dairy's price analysis, check to measure Australian Dairy'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 Australian Dairy is operating at the current time. Most of Australian Dairy's value examination focuses on studying past and present price action to predict the probability of Australian Dairy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Dairy's price. Additionally, you may evaluate how the addition of Australian Dairy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC