Carlsberg Non Current Assets Total vs Other Liab Analysis
0AI4 Stock | DKK 738.30 17.50 2.43% |
Carlsberg financial indicator trend analysis is way more than just evaluating Carlsberg AS B prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carlsberg AS B is a good investment. Please check the relationship between Carlsberg Non Current Assets Total and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carlsberg AS B. 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.
Non Current Assets Total vs Other Liab
Non Current Assets Total vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carlsberg AS B Non Current Assets Total account and Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Carlsberg's Non Current Assets Total and Other Liab is -0.62. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Carlsberg AS B, assuming nothing else is changed. The correlation between historical values of Carlsberg's Non Current Assets Total and Other Liab 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 Assets Total of Carlsberg AS B are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Assets Total i.e., Carlsberg's Non Current Assets Total and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Liab
Most indicators from Carlsberg's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carlsberg AS B 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 Carlsberg AS B. 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. The value of Tax Provision is estimated to slide to about 1.9 B. The value of Selling General Administrative is expected to slide to about 16.9 B
2020 | 2021 | 2023 | 2024 (projected) | Interest Expense | 859M | 647M | 582.3M | 615.2M | Interest Income | 195M | 258M | 232.2M | 238M |
Carlsberg fundamental ratios Correlations
Click cells to compare fundamentals
Carlsberg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Carlsberg AS B at a specified time, usually calculated after every quarter, six months, or one year. Carlsberg Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Carlsberg 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 Carlsberg currently owns. An asset can also be divided into two categories, current and non-current.