Abingdon Net Debt vs Net Receivables Analysis

ABDX Stock   6.50  0.25  3.70%   
Abingdon Health financial indicator trend analysis is way more than just evaluating Abingdon Health Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abingdon Health Plc is a good investment. Please check the relationship between Abingdon Health Net Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abingdon Health 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 board of governors.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abingdon Health Plc Net Debt account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Abingdon Health's Net Debt and Net Receivables is -0.75. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Abingdon Health Plc, assuming nothing else is changed. The correlation between historical values of Abingdon Health's Net Debt and Net Receivables 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 Abingdon Health Plc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Abingdon Health's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Net Receivables

Most indicators from Abingdon Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abingdon Health 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 Abingdon Health 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 board of governors.
Selling General Administrative is likely to gain to about 5.6 M in 2025, despite the fact that Tax Provision is likely to grow to (465.3 K).
 2022 2023 2024 2025 (projected)
Other Operating Expenses7.9M7.5M8.6M10.5M
Depreciation And Amortization673K426K489.9K793.0K

Abingdon Health fundamental ratios Correlations

0.120.860.770.220.710.710.85-0.350.920.950.180.710.940.290.490.940.950.96-0.750.910.550.720.33-0.10.45
0.120.04-0.51-0.030.430.43-0.190.130.08-0.1-0.810.740.030.11-0.27-0.090.150.020.1-0.01-0.360.090.420.280.21
0.860.040.65-0.070.850.850.86-0.690.690.810.230.670.95-0.190.630.920.870.92-0.680.920.350.880.460.020.38
0.77-0.510.650.350.270.270.79-0.240.750.880.650.120.740.320.470.850.690.79-0.650.720.80.55-0.06-0.370.18
0.22-0.03-0.070.35-0.26-0.26-0.070.710.420.250.21-0.07-0.050.82-0.580.180.070.130.26-0.140.730.23-0.49-0.8-0.52
0.710.430.850.27-0.261.00.57-0.70.580.6-0.220.850.79-0.280.570.720.80.77-0.670.770.010.760.670.270.47
0.710.430.850.27-0.261.00.57-0.70.580.6-0.220.850.79-0.280.570.720.80.77-0.670.770.010.760.670.270.47
0.85-0.190.860.79-0.070.570.57-0.550.640.810.50.490.94-0.040.730.850.780.84-0.750.950.410.560.310.060.51
-0.350.13-0.69-0.240.71-0.7-0.7-0.55-0.15-0.37-0.08-0.34-0.610.73-0.82-0.51-0.5-0.510.63-0.650.19-0.47-0.55-0.48-0.5
0.920.080.690.750.420.580.580.64-0.150.90.110.560.770.470.240.860.90.88-0.630.720.610.70.27-0.260.29
0.95-0.10.810.880.250.60.60.81-0.370.90.240.530.90.330.480.960.930.97-0.780.850.680.720.22-0.180.41
0.18-0.810.230.650.21-0.22-0.220.5-0.080.110.24-0.420.24-0.040.360.30.020.18-0.170.290.460.1-0.31-0.36-0.2
0.710.740.670.12-0.070.850.850.49-0.340.560.53-0.420.690.040.280.560.730.65-0.470.650.00.570.610.270.52
0.940.030.950.74-0.050.790.790.94-0.610.770.90.240.690.00.70.940.930.96-0.830.990.410.730.440.080.55
0.290.11-0.190.320.82-0.28-0.28-0.040.730.470.33-0.040.040.0-0.460.130.170.140.02-0.080.61-0.06-0.37-0.5-0.11
0.49-0.270.630.47-0.580.570.570.73-0.820.240.480.360.280.7-0.460.560.510.54-0.850.78-0.040.260.430.450.63
0.94-0.090.920.850.180.720.720.85-0.510.860.960.30.560.940.130.560.930.99-0.760.90.610.840.28-0.160.34
0.950.150.870.690.070.80.80.78-0.50.90.930.020.730.930.170.510.930.97-0.790.890.410.760.490.060.56
0.960.020.920.790.130.770.770.84-0.510.880.970.180.650.960.140.540.990.97-0.780.910.540.830.37-0.070.44
-0.750.1-0.68-0.650.26-0.67-0.67-0.750.63-0.63-0.78-0.17-0.47-0.830.02-0.85-0.76-0.79-0.78-0.86-0.22-0.4-0.48-0.3-0.71
0.91-0.010.920.72-0.140.770.770.95-0.650.720.850.290.650.99-0.080.780.90.890.91-0.860.310.650.510.190.62
0.55-0.360.350.80.730.010.010.410.190.610.680.460.00.410.61-0.040.610.410.54-0.220.310.49-0.46-0.79-0.3
0.720.090.880.550.230.760.760.56-0.470.70.720.10.570.73-0.060.260.840.760.83-0.40.650.490.28-0.280.02
0.330.420.46-0.06-0.490.670.670.31-0.550.270.22-0.310.610.44-0.370.430.280.490.37-0.480.51-0.460.280.720.7
-0.10.280.02-0.37-0.80.270.270.06-0.48-0.26-0.18-0.360.270.08-0.50.45-0.160.06-0.07-0.30.19-0.79-0.280.720.8
0.450.210.380.18-0.520.470.470.51-0.50.290.41-0.20.520.55-0.110.630.340.560.44-0.710.62-0.30.020.70.8
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Abingdon Health Account Relationship Matchups

Abingdon Health fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.0M33.2M12.8M6.1M5.1M12.5M
Short Long Term Debt Total4.8M1.5M1.3M1.0M1.0M7.9M
Total Current Liabilities7.0M10.8M5.3M2.1M1.8M1.1M
Total Stockholder Equity2.7M21.3M6.4M3.0M2.2M(109.9K)
Retained Earnings(10.5M)(3.0M)(24.1M)(27.5M)(28.8M)(10.8M)
Cash4.4M5.0M2.4M3.2M1.4M2.7M
Long Term Debt229.2K367K435K708K722K7.9M
Cash And Short Term Investments4.4M5.0M2.4M3.2M1.4M2.7M
Net Receivables1.5M9.1M6.7M699K1.4M344.1K
Inventory779K7.9M534K329K441K243.3K
Other Current Assets491K968K1.4M498K225K11.9K
Total Liab8.2M11.9M6.3M3.1M2.8M9.2M
Total Current Assets7.2M23.0M11.0M4.8M3.5M3.4M
Intangible Assets16K1.2M36K90K153K969.0K
Common Stock15.3K15K69K76K32K6.7K
Property Plant Equipment3.0M9.0M1.8M1.2M261.1K248.0K
Other Current Liab6.0M944K826K998K1.1M1.7M
Property Plant And Equipment Net9.0M1.8M1.2M997K1.1M1.1M
Net Debt(3.5M)(1.1M)(2.2M)(391K)(351.9K)(369.5K)
Accounts Payable4.2M2.5M1.1M605K695.8K661.0K
Non Current Assets Total10.3M1.8M1.3M1.5M1.4M1.3M
Liabilities And Stockholders Equity33.2M12.8M6.1M5.1M4.6M4.4M
Non Current Liabilities Total1.1M1.0M932K1.0M1.2M815.3K
Capital Lease Obligations1.0M730K311K327K294.3K533.7K
Other Stockholder Equity13.2M24.2M30.3M31.0M35.6M24.2M
Net Invested Capital21.8M7.0M3.7M3.0M2.7M2.5M
Property Plant And Equipment Gross11.3M11.3M10.6M8.9M10.2M7.3M
Net Working Capital12.2M5.6M2.6M1.7M2.0M3.9M
Short Term Debt352K265K87K120K108K102.6K
Current Deferred Revenue5.4M440K50K395K355.5K337.7K
Accumulated Other Comprehensive Income44K153K80K169K194.4K100.8K
Non Currrent Assets Other(763K)(1.8M)(1.3M)13K15.0K15.7K

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