ABM Total Current Liabilities from 2010 to 2024

ABM Stock  USD 44.62  0.21  0.47%   
ABM Industries Total Current Liabilities yearly trend continues to be very stable with very little volatility. Total Current Liabilities is likely to grow to about 1.5 B this year. Total Current Liabilities is the total amount of liabilities that ABM Industries Incorporated is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1985-10-31
Previous Quarter
1.2 B
Current Value
1.2 B
Quarterly Volatility
341.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ABM Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ABM main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.7 M, Interest Expense of 99.4 M or Selling General Administrative of 691.7 M, as well as many exotic indicators such as Short Term Coverage Ratios of 3.02, Price Earnings Ratio of 8.87 or Price To Sales Ratio of 0.24. ABM financial statements analysis is a perfect complement when working with ABM Industries Valuation or Volatility modules.
  
This module can also supplement ABM Industries' financial leverage analysis and stock options assessment as well as various ABM Industries Technical models . Check out the analysis of ABM Industries Correlation against competitors.

Latest ABM Industries' Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of ABM Industries Incorporated over the last few years. Total Current Liabilities is an item on ABM Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ABM Industries Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. ABM Industries' Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ABM Industries' overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

ABM Total Current Liabilities Regression Statistics

Arithmetic Mean860,168,883
Geometric Mean710,283,430
Coefficient Of Variation48.43
Mean Deviation346,162,276
Median792,500,000
Standard Deviation416,612,521
Sample Variance173566T
Range1.4B
R-Value0.97
Mean Square Error10079.5T
R-Squared0.95
Slope90,610,821
Total Sum of Squares2429923.9T

ABM Total Current Liabilities History

20241.5 B
20231.4 B
20221.2 B
20211.4 B
20201.3 B
2019986.9 M
2018902.4 M

About ABM Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ABM Industries income statement, its balance sheet, and the statement of cash flows. ABM Industries investors use historical funamental indicators, such as ABM Industries's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although ABM Industries investors may use each financial statement separately, they are all related. The changes in ABM Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ABM Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ABM Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ABM Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Total Current Liabilities1.4 B1.5 B

ABM Industries Investors Sentiment

The influence of ABM Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ABM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ABM Industries' public news can be used to forecast risks associated with an investment in ABM. The trend in average sentiment can be used to explain how an investor holding ABM can time the market purely based on public headlines and social activities around ABM Industries Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ABM Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ABM Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ABM Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on ABM Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ABM Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ABM Industries' short interest history, or implied volatility extrapolated from ABM Industries options trading.

Pair Trading with ABM Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABM Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABM Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with ABM Stock

  0.71ADVWW Advantage SolutionsPairCorr

Moving against ABM Stock

  0.45HDSN Hudson Technologies Financial Report 1st of May 2024 PairCorr
  0.43ACU Acme UnitedPairCorr
The ability to find closely correlated positions to ABM Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABM Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABM Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABM Industries Incorporated to buy it.
The correlation of ABM Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABM Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABM Industries rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABM Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ABM Industries rporated is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out the analysis of ABM Industries Correlation against competitors.
Note that the ABM Industries rporated information on this page should be used as a complementary analysis to other ABM Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for ABM Stock analysis

When running ABM Industries' price analysis, check to measure ABM Industries' 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 ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Is ABM Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.207
Dividend Share
0.885
Earnings Share
3.91
Revenue Per Share
125.187
Quarterly Revenue Growth
0.039
The market value of ABM Industries rporated is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.