Carlsberg Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carlsberg AS B Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Carlsberg's Retained Earnings and Total Current Liabilities is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Carlsberg AS B are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Carlsberg's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Carlsberg balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Carlsberg AS B 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 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 Expense859M647M582.3M615.2M
Interest Income195M258M232.2M238M

Carlsberg fundamental ratios Correlations

0.890.84-0.69-0.75-0.20.840.810.940.80.980.840.650.770.98-0.880.340.960.840.470.970.93-0.370.91-0.85-0.76
0.890.95-0.43-0.89-0.250.670.630.990.870.790.650.580.840.79-0.70.050.980.950.280.860.81-0.230.98-0.65-0.86
0.840.95-0.26-0.870.050.540.710.930.720.750.450.330.960.77-0.61-0.20.90.80.40.740.840.070.92-0.59-0.81
-0.69-0.43-0.260.450.42-0.87-0.55-0.53-0.63-0.73-0.9-0.81-0.14-0.710.92-0.78-0.59-0.54-0.07-0.77-0.610.77-0.530.90.58
-0.75-0.89-0.870.450.09-0.69-0.68-0.89-0.9-0.62-0.53-0.57-0.71-0.640.680.07-0.86-0.830.06-0.71-0.780.15-0.930.670.97
-0.2-0.250.050.420.09-0.30.34-0.27-0.42-0.18-0.58-0.710.21-0.10.28-0.69-0.3-0.540.2-0.430.130.85-0.230.160.15
0.840.670.54-0.87-0.69-0.30.770.750.860.820.910.870.370.82-0.860.590.790.710.040.880.82-0.640.78-0.85-0.72
0.810.630.71-0.55-0.680.340.770.690.590.810.540.360.690.85-0.710.070.70.460.360.670.96-0.020.72-0.77-0.66
0.940.990.93-0.53-0.89-0.270.750.690.890.850.730.640.820.85-0.770.151.00.950.290.910.85-0.30.99-0.73-0.87
0.80.870.72-0.63-0.9-0.420.860.590.890.690.790.860.50.68-0.740.310.890.92-0.130.840.74-0.540.93-0.69-0.88
0.980.790.75-0.73-0.62-0.180.820.810.850.690.850.610.721.0-0.880.420.890.740.570.950.91-0.390.82-0.86-0.65
0.840.650.45-0.9-0.53-0.580.910.540.730.790.850.920.310.81-0.870.780.790.770.180.930.68-0.810.71-0.81-0.59
0.650.580.33-0.81-0.57-0.710.870.360.640.860.610.920.10.57-0.730.740.680.76-0.210.80.5-0.890.66-0.66-0.61
0.770.840.96-0.14-0.710.210.370.690.820.50.720.310.10.74-0.51-0.310.790.640.610.630.790.260.79-0.51-0.65
0.980.790.77-0.71-0.64-0.10.820.850.850.681.00.810.570.74-0.870.370.880.710.580.930.93-0.320.82-0.86-0.66
-0.88-0.7-0.610.920.680.28-0.86-0.71-0.77-0.74-0.88-0.87-0.73-0.51-0.87-0.53-0.81-0.72-0.27-0.89-0.810.54-0.760.990.79
0.340.05-0.2-0.780.07-0.690.590.070.150.310.420.780.74-0.310.37-0.530.230.280.010.520.14-0.930.11-0.47-0.04
0.960.980.9-0.59-0.86-0.30.790.71.00.890.890.790.680.790.88-0.810.230.950.320.950.87-0.360.98-0.76-0.85
0.840.950.8-0.54-0.83-0.540.710.460.950.920.740.770.760.640.71-0.720.280.950.130.890.67-0.490.93-0.64-0.82
0.470.280.4-0.070.060.20.040.360.29-0.130.570.18-0.210.610.58-0.270.010.320.130.360.40.210.2-0.270.05
0.970.860.74-0.77-0.71-0.430.880.670.910.840.950.930.80.630.93-0.890.520.950.890.360.83-0.580.89-0.84-0.74
0.930.810.84-0.61-0.780.130.820.960.850.740.910.680.50.790.93-0.810.140.870.670.40.83-0.140.87-0.83-0.77
-0.37-0.230.070.770.150.85-0.64-0.02-0.3-0.54-0.39-0.81-0.890.26-0.320.54-0.93-0.36-0.490.21-0.58-0.14-0.290.460.25
0.910.980.92-0.53-0.93-0.230.780.720.990.930.820.710.660.790.82-0.760.110.980.930.20.890.87-0.29-0.72-0.9
-0.85-0.65-0.590.90.670.16-0.85-0.77-0.73-0.69-0.86-0.81-0.66-0.51-0.860.99-0.47-0.76-0.64-0.27-0.84-0.830.46-0.720.78
-0.76-0.86-0.810.580.970.15-0.72-0.66-0.87-0.88-0.65-0.59-0.61-0.65-0.660.79-0.04-0.85-0.820.05-0.74-0.770.25-0.90.78
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Carlsberg Account Relationship Matchups

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Other Information on Investing in Carlsberg Stock

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.