| 0AI4 Stock | | | 743.70 5.40 0.73% |
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 Accounts Payable and its Cash 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.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Carlsberg AS B Accounts Payable account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Carlsberg's Accounts Payable and Cash is 0.84. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash 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 Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Carlsberg AS B are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Carlsberg's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Carlsberg obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Carlsberg AS B are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Cash
Cash refers to the most liquid asset of Carlsberg AS B, which is listed under current asset account on Carlsberg AS B balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Carlsberg customers. The amounts must be unrestricted with restricted cash listed in a different Carlsberg account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
Tax Provision is likely to drop to about 2.4
B in 2024.
Selling General Administrative is likely to drop to about 16
B in 2024
Carlsberg fundamental ratios Correlations
Click cells to compare fundamentals
Carlsberg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carlsberg fundamental ratios Accounts
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Additional Tools for Carlsberg Stock Analysis
When running Carlsberg's price analysis, check to
measure Carlsberg's 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 Carlsberg is operating at the current time. Most of Carlsberg's value examination focuses on studying past and present price action to
predict the probability of Carlsberg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlsberg's price. Additionally, you may evaluate how the addition of Carlsberg to your portfolios can decrease your overall portfolio volatility.