Angling Non Current Liabilities Total vs Total Stockholder Equity Analysis

ANG Stock   35.50  0.00  0.00%   
Angling Direct financial indicator trend analysis is way more than just evaluating Angling Direct PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angling Direct PLC is a good investment. Please check the relationship between Angling Direct Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angling Direct PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angling Direct PLC Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Angling Direct's Non Current Liabilities Total and Total Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Angling Direct PLC, assuming nothing else is changed. The correlation between historical values of Angling Direct's Non Current Liabilities Total and Total 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 Non Current Liabilities Total of Angling Direct PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Angling Direct's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Angling Direct's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angling Direct PLC 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 Angling Direct PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 4, 2024, Selling General Administrative is expected to decline to about 14.2 M. In addition to that, Tax Provision is expected to decline to about 230.9 K
 2021 2022 2023 2024 (projected)
Interest Expense393K430K542K275.4K
Depreciation And Amortization2.9M3.5M3.8M4.0M

Angling Direct fundamental ratios Correlations

0.980.820.951.0-0.150.950.990.32-0.640.660.920.960.99-0.610.960.290.940.940.920.970.990.80.990.990.87
0.980.740.920.97-0.140.931.00.39-0.530.610.910.920.99-0.560.920.350.90.910.950.990.980.760.970.990.87
0.820.740.90.83-0.350.790.77-0.01-0.650.580.840.80.81-0.460.80.120.910.870.60.690.810.650.820.80.68
0.950.920.90.94-0.220.890.940.28-0.560.690.960.880.96-0.610.880.40.960.930.830.890.970.750.920.960.86
1.00.970.830.94-0.170.950.980.28-0.680.650.910.970.99-0.610.970.260.940.950.90.960.980.80.990.980.85
-0.15-0.14-0.35-0.22-0.17-0.05-0.120.55-0.040.34-0.34-0.09-0.20.09-0.09-0.19-0.42-0.230.13-0.01-0.13-0.05-0.22-0.10.15
0.950.930.790.890.95-0.050.930.39-0.710.780.860.930.94-0.470.930.130.880.970.880.920.930.790.940.930.94
0.991.00.770.940.98-0.120.930.38-0.550.640.910.931.0-0.560.930.320.920.920.940.990.990.780.980.990.88
0.320.39-0.010.280.280.550.390.38-0.080.630.150.280.310.070.280.20.090.220.630.470.350.410.220.40.6
-0.64-0.53-0.65-0.56-0.68-0.04-0.71-0.55-0.08-0.59-0.44-0.81-0.560.47-0.810.19-0.55-0.66-0.53-0.53-0.55-0.57-0.66-0.56-0.53
0.660.610.580.690.650.340.780.640.63-0.590.590.660.62-0.280.660.060.560.70.690.640.690.740.580.680.9
0.920.910.840.960.91-0.340.860.910.15-0.440.590.810.94-0.60.810.440.960.910.760.860.950.690.90.930.81
0.960.920.80.880.97-0.090.930.930.28-0.810.660.810.93-0.621.00.170.860.90.880.910.910.770.960.920.8
0.990.990.810.960.99-0.20.941.00.31-0.560.620.940.93-0.570.930.320.950.940.910.970.990.780.980.990.86
-0.61-0.56-0.46-0.61-0.610.09-0.47-0.560.070.47-0.28-0.6-0.62-0.57-0.62-0.56-0.54-0.48-0.49-0.53-0.62-0.36-0.6-0.58-0.36
0.960.920.80.880.97-0.090.930.930.28-0.810.660.811.00.93-0.620.170.860.90.880.910.910.770.960.920.8
0.290.350.120.40.26-0.190.130.320.20.190.060.440.170.32-0.560.170.270.130.310.320.360.210.250.360.18
0.940.90.910.960.94-0.420.880.920.09-0.550.560.960.860.95-0.540.860.270.950.750.850.940.750.940.920.78
0.940.910.870.930.95-0.230.970.920.22-0.660.70.910.90.94-0.480.90.130.950.80.870.930.760.950.920.88
0.920.950.60.830.90.130.880.940.63-0.530.690.760.880.91-0.490.880.310.750.80.980.910.720.880.940.88
0.970.990.690.890.96-0.010.920.990.47-0.530.640.860.910.97-0.530.910.320.850.870.980.960.760.950.980.88
0.990.980.810.970.98-0.130.930.990.35-0.550.690.950.910.99-0.620.910.360.940.930.910.960.80.960.990.89
0.80.760.650.750.8-0.050.790.780.41-0.570.740.690.770.78-0.360.770.210.750.760.720.760.80.760.780.78
0.990.970.820.920.99-0.220.940.980.22-0.660.580.90.960.98-0.60.960.250.940.950.880.950.960.760.960.82
0.990.990.80.960.98-0.10.930.990.4-0.560.680.930.920.99-0.580.920.360.920.920.940.980.990.780.960.89
0.870.870.680.860.850.150.940.880.6-0.530.90.810.80.86-0.360.80.180.780.880.880.880.890.780.820.89
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Angling Direct Account Relationship Matchups

Angling Direct fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.7M50.6M58.1M58.1M59.9M37.4M
Short Long Term Debt Total10.5M10.2M11.1M11.5M11.6M7.2M
Other Current Liab1.6M2.9M3.4M1.7M3.3M2.1M
Total Current Liabilities7.6M8.1M10.8M9.3M9.6M7.4M
Total Stockholder Equity25.5M33.1M36.4M37.3M38.5M23.0M
Other Liab358K249K535K1.5M1.3M1.4M
Net Tangible Assets22.0M19.3M26.9M30.2M34.8M36.5M
Property Plant And Equipment Net16.1M16.0M17.9M19.0M19.9M11.4M
Current Deferred Revenue(811K)17K464K727K790K829.5K
Net Debt4.5M(4.8M)(5.6M)(2.6M)(4.2M)(4.0M)
Retained Earnings(1.2M)1.3M4.3M4.9M6.1M6.4M
Accounts Payable4.8M3.3M4.8M4.5M4.5M3.8M
Cash6.0M15.0M16.6M14.1M15.8M9.0M
Non Current Assets Total22.3M22.3M24.1M25.0M26.0M16.1M
Cash And Short Term Investments6.0M15.0M16.6M14.1M15.8M9.0M
Net Receivables509K99K542K505K23K21.9K
Common Stock Total Equity430K646.2K646K773K889.0K933.4K
Common Stock Shares Outstanding64.6M73.3M78.3M78.2M77.8M63.5M
Liabilities And Stockholders Equity42.7M50.6M58.1M58.1M59.9M37.4M
Non Current Liabilities Total9.6M9.4M10.9M11.4M11.8M7.1M
Inventory13.5M12.5M16.3M17.8M17.0M11.4M
Other Current Assets474K769K545K1.1M1.2M730.3K
Total Liab17.2M17.5M21.7M20.8M21.4M14.4M
Property Plant And Equipment Gross16.1M16.9M27.2M31.3M35.3M37.1M
Total Current Assets20.4M28.3M34.0M33.0M34.0M21.3M
Short Term Debt1.2M1.4M1.6M116K1.8M1.0M
Property Plant Equipment9.5M16.1M16.9M17.9M20.6M21.7M
Intangible Assets6.2M6.3M6.2M6.1M432K410.4K
Capital Lease Obligations10.5M11.1M11.1M11.5M11.6M8.9M
Net Invested Capital25.5M33.1M36.4M37.3M38.5M32.5M
Net Working Capital12.8M20.2M23.2M23.7M24.3M19.6M

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Other Information on Investing in Angling Stock

Balance Sheet is a snapshot of the financial position of Angling Direct PLC at a specified time, usually calculated after every quarter, six months, or one year. Angling Direct Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Angling Direct and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Angling currently owns. An asset can also be divided into two categories, current and non-current.