Carlsberg Total Current Assets vs Non Current Liabilities Total 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 Total Current Assets and its Non Current Liabilities Total 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.
Total Current Assets vs Non Current Liabilities Total
Total Current Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carlsberg AS B Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Carlsberg's Total Current Assets and Non Current Liabilities Total is 0.11. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Carlsberg AS B are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Carlsberg's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Non Current Liabilities Total
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
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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.