Angling Total Stockholder Equity vs Good Will Analysis

ANG Stock

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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 Total Stockholder Equity and its Good Will 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.

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angling Direct PLC Total Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Angling Direct's Total Stockholder Equity and Good Will is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will 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 Total Stockholder Equity and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Angling Direct PLC are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., Angling Direct's Total Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Expense	393K	430K	542K	275.4K
Depreciation And Amortization	2.9M	3.5M	3.8M	4.0M

Interest Expense Depreciation And Amortization

Angling Direct fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.98	0.82	0.95	1.0	-0.15	0.95	0.99	0.32	-0.64	0.66	0.92	0.96	0.99	-0.61	0.96	0.29	0.94	0.94	0.92	0.97	0.99	0.8	0.99	0.99	0.87
Short Long Term Debt Total	0.98		0.74	0.92	0.97	-0.14	0.93	1.0	0.39	-0.53	0.61	0.91	0.92	0.99	-0.56	0.92	0.35	0.9	0.91	0.95	0.99	0.98	0.76	0.97	0.99	0.87
Other Current Liab	0.82	0.74		0.9	0.83	-0.35	0.79	0.77	-0.01	-0.65	0.58	0.84	0.8	0.81	-0.46	0.8	0.12	0.91	0.87	0.6	0.69	0.81	0.65	0.82	0.8	0.68
Total Current Liabilities	0.95	0.92	0.9		0.94	-0.22	0.89	0.94	0.28	-0.56	0.69	0.96	0.88	0.96	-0.61	0.88	0.4	0.96	0.93	0.83	0.89	0.97	0.75	0.92	0.96	0.86
Total Stockholder Equity	1.0	0.97	0.83	0.94		-0.17	0.95	0.98	0.28	-0.68	0.65	0.91	0.97	0.99	-0.61	0.97	0.26	0.94	0.95	0.9	0.96	0.98	0.8	0.99	0.98	0.85
Other Liab	-0.15	-0.14	-0.35	-0.22	-0.17		-0.05	-0.12	0.55	-0.04	0.34	-0.34	-0.09	-0.2	0.09	-0.09	-0.19	-0.42	-0.23	0.13	-0.01	-0.13	-0.05	-0.22	-0.1	0.15
Net Tangible Assets	0.95	0.93	0.79	0.89	0.95	-0.05		0.93	0.39	-0.71	0.78	0.86	0.93	0.94	-0.47	0.93	0.13	0.88	0.97	0.88	0.92	0.93	0.79	0.94	0.93	0.94
Property Plant And Equipment Net	0.99	1.0	0.77	0.94	0.98	-0.12	0.93		0.38	-0.55	0.64	0.91	0.93	1.0	-0.56	0.93	0.32	0.92	0.92	0.94	0.99	0.99	0.78	0.98	0.99	0.88
Current Deferred Revenue	0.32	0.39	-0.01	0.28	0.28	0.55	0.39	0.38		-0.08	0.63	0.15	0.28	0.31	0.07	0.28	0.2	0.09	0.22	0.63	0.47	0.35	0.41	0.22	0.4	0.6
Net Debt	-0.64	-0.53	-0.65	-0.56	-0.68	-0.04	-0.71	-0.55	-0.08		-0.59	-0.44	-0.81	-0.56	0.47	-0.81	0.19	-0.55	-0.66	-0.53	-0.53	-0.55	-0.57	-0.66	-0.56	-0.53
Retained Earnings	0.66	0.61	0.58	0.69	0.65	0.34	0.78	0.64	0.63	-0.59		0.59	0.66	0.62	-0.28	0.66	0.06	0.56	0.7	0.69	0.64	0.69	0.74	0.58	0.68	0.9
Accounts Payable	0.92	0.91	0.84	0.96	0.91	-0.34	0.86	0.91	0.15	-0.44	0.59		0.81	0.94	-0.6	0.81	0.44	0.96	0.91	0.76	0.86	0.95	0.69	0.9	0.93	0.81
Cash	0.96	0.92	0.8	0.88	0.97	-0.09	0.93	0.93	0.28	-0.81	0.66	0.81		0.93	-0.62	1.0	0.17	0.86	0.9	0.88	0.91	0.91	0.77	0.96	0.92	0.8
Non Current Assets Total	0.99	0.99	0.81	0.96	0.99	-0.2	0.94	1.0	0.31	-0.56	0.62	0.94	0.93		-0.57	0.93	0.32	0.95	0.94	0.91	0.97	0.99	0.78	0.98	0.99	0.86
Non Currrent Assets Other	-0.61	-0.56	-0.46	-0.61	-0.61	0.09	-0.47	-0.56	0.07	0.47	-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
Cash And Short Term Investments	0.96	0.92	0.8	0.88	0.97	-0.09	0.93	0.93	0.28	-0.81	0.66	0.81	1.0	0.93	-0.62		0.17	0.86	0.9	0.88	0.91	0.91	0.77	0.96	0.92	0.8
Net Receivables	0.29	0.35	0.12	0.4	0.26	-0.19	0.13	0.32	0.2	0.19	0.06	0.44	0.17	0.32	-0.56	0.17		0.27	0.13	0.31	0.32	0.36	0.21	0.25	0.36	0.18
Good Will	0.94	0.9	0.91	0.96	0.94	-0.42	0.88	0.92	0.09	-0.55	0.56	0.96	0.86	0.95	-0.54	0.86	0.27		0.95	0.75	0.85	0.94	0.75	0.94	0.92	0.78
Common Stock Total Equity	0.94	0.91	0.87	0.93	0.95	-0.23	0.97	0.92	0.22	-0.66	0.7	0.91	0.9	0.94	-0.48	0.9	0.13	0.95		0.8	0.87	0.93	0.76	0.95	0.92	0.88
Common Stock Shares Outstanding	0.92	0.95	0.6	0.83	0.9	0.13	0.88	0.94	0.63	-0.53	0.69	0.76	0.88	0.91	-0.49	0.88	0.31	0.75	0.8		0.98	0.91	0.72	0.88	0.94	0.88
Non Current Liabilities Total	0.97	0.99	0.69	0.89	0.96	-0.01	0.92	0.99	0.47	-0.53	0.64	0.86	0.91	0.97	-0.53	0.91	0.32	0.85	0.87	0.98		0.96	0.76	0.95	0.98	0.88
Inventory	0.99	0.98	0.81	0.97	0.98	-0.13	0.93	0.99	0.35	-0.55	0.69	0.95	0.91	0.99	-0.62	0.91	0.36	0.94	0.93	0.91	0.96		0.8	0.96	0.99	0.89
Other Current Assets	0.8	0.76	0.65	0.75	0.8	-0.05	0.79	0.78	0.41	-0.57	0.74	0.69	0.77	0.78	-0.36	0.77	0.21	0.75	0.76	0.72	0.76	0.8		0.76	0.78	0.78
Other Stockholder Equity	0.99	0.97	0.82	0.92	0.99	-0.22	0.94	0.98	0.22	-0.66	0.58	0.9	0.96	0.98	-0.6	0.96	0.25	0.94	0.95	0.88	0.95	0.96	0.76		0.96	0.82
Total Liab	0.99	0.99	0.8	0.96	0.98	-0.1	0.93	0.99	0.4	-0.56	0.68	0.93	0.92	0.99	-0.58	0.92	0.36	0.92	0.92	0.94	0.98	0.99	0.78	0.96		0.89
Property Plant And Equipment Gross	0.87	0.87	0.68	0.86	0.85	0.15	0.94	0.88	0.6	-0.53	0.9	0.81	0.8	0.86	-0.36	0.8	0.18	0.78	0.88	0.88	0.88	0.89	0.78	0.82	0.89

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Angling Direct Account Relationship Matchups

Angling Direct fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.7M	50.6M	58.1M	58.1M	59.9M	37.4M
Short Long Term Debt Total	10.5M	10.2M	11.1M	11.5M	11.6M	7.2M
Other Current Liab	1.6M	2.9M	3.4M	1.7M	3.3M	2.1M
Total Current Liabilities	7.6M	8.1M	10.8M	9.3M	9.6M	7.4M
Total Stockholder Equity	25.5M	33.1M	36.4M	37.3M	38.5M	23.0M
Other Liab	358K	249K	535K	1.5M	1.3M	1.4M
Net Tangible Assets	22.0M	19.3M	26.9M	30.2M	34.8M	36.5M
Property Plant And Equipment Net	16.1M	16.0M	17.9M	19.0M	19.9M	11.4M
Current Deferred Revenue	(811K)	17K	464K	727K	790K	829.5K
Net Debt	4.5M	(4.8M)	(5.6M)	(2.6M)	(4.2M)	(4.0M)
Retained Earnings	(1.2M)	1.3M	4.3M	4.9M	6.1M	6.4M
Accounts Payable	4.8M	3.3M	4.8M	4.5M	4.5M	3.8M
Cash	6.0M	15.0M	16.6M	14.1M	15.8M	9.0M
Non Current Assets Total	22.3M	22.3M	24.1M	25.0M	26.0M	16.1M
Cash And Short Term Investments	6.0M	15.0M	16.6M	14.1M	15.8M	9.0M
Net Receivables	509K	99K	542K	505K	23K	21.9K
Common Stock Total Equity	430K	646.2K	646K	773K	889.0K	933.4K
Common Stock Shares Outstanding	64.6M	73.3M	78.3M	78.2M	77.8M	63.5M
Liabilities And Stockholders Equity	42.7M	50.6M	58.1M	58.1M	59.9M	37.4M
Non Current Liabilities Total	9.6M	9.4M	10.9M	11.4M	11.8M	7.1M
Inventory	13.5M	12.5M	16.3M	17.8M	17.0M	11.4M
Other Current Assets	474K	769K	545K	1.1M	1.2M	730.3K
Total Liab	17.2M	17.5M	21.7M	20.8M	21.4M	14.4M
Property Plant And Equipment Gross	16.1M	16.9M	27.2M	31.3M	35.3M	37.1M
Total Current Assets	20.4M	28.3M	34.0M	33.0M	34.0M	21.3M
Short Term Debt	1.2M	1.4M	1.6M	116K	1.8M	1.0M
Property Plant Equipment	9.5M	16.1M	16.9M	17.9M	20.6M	21.7M
Intangible Assets	6.2M	6.3M	6.2M	6.1M	432K	410.4K
Capital Lease Obligations	10.5M	11.1M	11.1M	11.5M	11.6M	8.9M
Net Invested Capital	25.5M	33.1M	36.4M	37.3M	38.5M	32.5M
Net Working Capital	12.8M	20.2M	23.2M	23.7M	24.3M	19.6M

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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.

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Angling Total Stockholder Equity vs Good Will Analysis

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Good Will

Angling Direct fundamental ratios Correlations

Angling Direct Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Angling Direct fundamental ratios Accounts

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Other Information on Investing in Angling Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.81	Net Debt
Cash	- 0.81	Net Debt
Net Debt	- 0.71	Net Tangible Assets
Net Debt	- 0.68	Total Stockholder Equity
Other Stockholder Equity	- 0.66	Net Debt
Common Stock Total Equity	- 0.66	Net Debt