ABM Debt to Equity Ratio vs Direct Expenses Analysis

ABM Stock  USD 44.41  0.67  1.53%   
Trend analysis of ABM Industries Incorporated balance sheet accounts such as Short Long Term Debt Total of 1.7 B, Other Current Liabilities of 923.4 M or Total Current Liabilities of 1.5 B provides information on ABM Industries' total assets, liabilities, and equity, which is the actual value of ABM Industries rporated to its prevalent stockholders. By breaking down trends over time using ABM Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About ABM Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ABM Industries rporated at a specified time, usually calculated after every quarter, six months, or one year. ABM Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ABM Industries 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 ABM currently owns. An asset can also be divided into two categories, current and non-current.

ABM Industries Balance Sheet Chart

ABM Industries Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how ABM Industries rporated uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, ABM Industries' Net Debt is very stable compared to the past year. As of the 28th of March 2024, Retained Earnings is likely to grow to about 1.5 B, while Non Currrent Assets Other are likely to drop about 71.4 M.

Total Assets

Total assets refers to the total amount of ABM Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ABM Industries rporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

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. 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.
Most indicators from ABM Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABM Industries rporated 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 ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of the 28th of March 2024, Selling General Administrative is likely to grow to about 691.7 M. Also, Discontinued Operations is likely to grow to about 94.5 K
 2021 2022 2023 2024 (projected)
Interest Expense41.1M82.3M94.6M99.4M
Depreciation And Amortization74.4M120.7M138.8M145.7M

ABM Industries fundamental ratios Correlations

0.970.550.980.990.930.950.930.221.00.010.220.980.730.990.450.230.861.00.850.98-0.290.870.98-0.240.7
0.970.580.930.930.910.990.860.170.98-0.150.170.940.60.990.360.140.830.980.860.92-0.370.870.91-0.390.57
0.550.580.510.510.420.620.71-0.210.52-0.08-0.210.660.180.580.220.140.10.560.680.60.050.260.48-0.670.22
0.980.930.510.960.950.90.910.240.97-0.010.240.950.720.940.430.240.830.980.830.96-0.240.820.97-0.220.67
0.990.930.510.960.910.90.940.240.980.080.240.980.780.960.480.260.870.980.830.99-0.260.840.99-0.180.76
0.930.910.420.950.910.850.840.470.93-0.060.470.870.660.910.380.20.830.940.850.93-0.290.770.92-0.250.59
0.950.990.620.90.90.850.850.010.96-0.20.010.930.560.980.340.130.780.960.850.89-0.380.870.87-0.420.54
0.930.860.710.910.940.840.850.120.90.040.120.980.680.90.450.290.660.920.90.97-0.140.650.92-0.330.66
0.220.17-0.210.240.240.470.010.120.190.281.00.090.360.170.180.10.390.20.160.280.020.120.290.150.32
1.00.980.520.970.980.930.960.90.19-0.020.190.970.710.990.430.210.881.00.830.96-0.320.90.97-0.240.69
0.01-0.15-0.08-0.010.08-0.06-0.20.040.28-0.020.28-0.010.43-0.040.250.350.12-0.03-0.290.070.540.060.090.650.56
0.220.17-0.210.240.240.470.010.121.00.190.280.090.360.170.180.10.390.20.160.280.020.120.290.150.32
0.980.940.660.950.980.870.930.980.090.97-0.010.090.690.960.450.250.760.970.890.98-0.240.790.96-0.310.68
0.730.60.180.720.780.660.560.680.360.710.430.360.690.660.450.40.760.70.430.740.00.660.790.210.97
0.990.990.580.940.960.910.980.90.170.99-0.040.170.960.660.420.180.850.990.850.96-0.340.890.94-0.30.66
0.450.360.220.430.480.380.340.450.180.430.250.180.450.450.42-0.50.440.430.270.5-0.310.390.520.120.53
0.230.140.140.240.260.20.130.290.10.210.350.10.250.40.18-0.50.150.210.180.250.490.130.240.160.35
0.860.830.10.830.870.830.780.660.390.880.120.390.760.760.850.440.150.850.540.8-0.380.930.880.10.75
1.00.980.560.980.980.940.960.920.21.0-0.030.20.970.70.990.430.210.850.860.97-0.310.880.97-0.270.67
0.850.860.680.830.830.850.850.90.160.83-0.290.160.890.430.850.270.180.540.860.88-0.310.560.79-0.540.38
0.980.920.60.960.990.930.890.970.280.960.070.280.980.740.960.50.250.80.970.88-0.220.770.98-0.240.72
-0.29-0.370.05-0.24-0.26-0.29-0.38-0.140.02-0.320.540.02-0.240.0-0.34-0.310.49-0.38-0.31-0.31-0.22-0.41-0.230.180.02
0.870.870.260.820.840.770.870.650.120.90.060.120.790.660.890.390.130.930.880.560.77-0.410.830.010.67
0.980.910.480.970.990.920.870.920.290.970.090.290.960.790.940.520.240.880.970.790.98-0.230.83-0.140.77
-0.24-0.39-0.67-0.22-0.18-0.25-0.42-0.330.15-0.240.650.15-0.310.21-0.30.120.160.1-0.27-0.54-0.240.180.01-0.140.27
0.70.570.220.670.760.590.540.660.320.690.560.320.680.970.660.530.350.750.670.380.720.020.670.770.27
Click cells to compare fundamentals

ABM Industries Account Relationship Matchups

ABM Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.4B4.9B4.9B5.7B6.0B
Short Long Term Debt Total886.1M1.0B1.4B1.4B1.7B1.7B
Total Current Liabilities986.9M1.3B1.4B1.2B1.4B1.5B
Total Stockholder Equity1.5B1.6B1.7B1.8B2.1B2.2B
Property Plant And Equipment Net276.8M238.4M240.6M244.9M281.6M295.7M
Net Debt491.9M969.8M1.3B1.4B1.6B1.7B
Retained Earnings806.4M880.2M1.1B1.2B1.4B1.5B
Non Current Assets Total2.3B3.0B3.3B3.2B3.7B3.9B
Non Currrent Assets Other125.3M108.7M98.8M70M80.5M71.4M
Net Receivables906.4M1.2B1.4B1.5B1.7B1.8B
Common Stock Shares Outstanding67.3M68M67.5M66.3M76.2M53.2M
Liabilities And Stockholders Equity3.8B4.4B4.9B4.9B5.7B6.0B
Non Current Liabilities Total1.3B1.5B1.8B1.9B2.2B2.3B
Inventory85.4M88.7M82.1M78.5M90.3M94.8M
Other Current Assets55.9M60.1M51.6M58.5M67.3M48.7M
Other Stockholder Equity724M750.8M675.5M558.9M642.7M674.9M
Total Liab2.3B2.8B3.2B3.1B3.6B3.8B
Property Plant And Equipment Gross276.8M238.4M240.6M571.4M657.1M690.0M
Total Current Assets1.4B1.4B1.6B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(30.8M)(22.5M)(16.2M)(9.2M)(10.6M)(11.1M)
Short Term Debt151.7M63.2M211.8M64M73.6M53.9M
Intangible Assets239.7M424.8M378.5M302.9M348.3M365.8M
Accounts Payable273.3M289.4M315.5M299.1M344.0M361.2M
Current Deferred Revenue561.8M933.1M89.7M90.1M103.6M98.4M
Other Liab537M571.8M601.3M526.2M605.1M364.0M
Long Term Debt603M852.8M1.1B1.3B1.5B1.5B
Property Plant Equipment276.8M238.4M240.6M244.9M281.6M295.7M
Good Will1.7B2.2B2.5B2.5B2.9B3.0B
Net Tangible Assets(410.8M)(1.0B)1.3B(994.3M)(894.9M)(850.1M)
Retained Earnings Total Equity771.2M856.3M880.2M1.1B1.2B754.1M
Long Term Debt Total744.2M605.8M852.8M1.1B1.2B1.3B
Capital Surpluse708.9M724.1M750.9M675.5M776.8M519.1M

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

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Moving against ABM Stock

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.
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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.