Carlsberg Net Tangible Assets vs Common Stock Analysis

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 Net Tangible Assets and its Common Stock 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.

Net Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carlsberg AS B Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Carlsberg's Net Tangible Assets and Common Stock is -0.31. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock 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 Net Tangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Carlsberg AS B are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Carlsberg's Net Tangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock

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

	2020	2021	2023	2024 (projected)
Interest Income	275M	470M	423M	324.2M
Tax Provision	2.2B	2.2B	2.6B	2.4B

Interest Income Tax Provision

Carlsberg fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Other Current Assets
Total Assets		0.25	0.93	-0.76	-0.81	0.84	0.73	0.1	0.84	0.88	0.87	0.96	-0.6	0.96	0.91	0.87	-0.86	-0.47	0.91	-0.79	0.21	0.95	0.84
Short Long Term Debt Total	0.25		0.06	-0.45	-0.32	0.31	0.12	0.98	0.31	-0.09	0.24	0.2	-0.31	0.29	0.22	0.22	-0.36	-0.28	0.21	-0.29	-0.17	0.25	0.26
Total Current Liabilities	0.93	0.06		-0.61	-0.65	0.89	0.72	-0.1	0.89	0.95	0.66	0.98	-0.69	0.92	0.96	0.88	-0.72	-0.33	0.96	-0.87	0.35	0.96	0.79
Total Stockholder Equity	-0.76	-0.45	-0.61		0.79	-0.74	-0.81	-0.32	-0.74	-0.65	-0.76	-0.72	0.74	-0.81	-0.58	-0.69	0.87	0.4	-0.53	0.52	0.13	-0.62	-0.73
Retained Earnings	-0.81	-0.32	-0.65	0.79		-0.52	-0.47	-0.23	-0.52	-0.57	-0.9	-0.69	0.47	-0.71	-0.7	-0.75	0.92	0.77	-0.7	0.6	-0.33	-0.73	-0.94
Cash	0.84	0.31	0.89	-0.74	-0.52		0.88	0.13	1.0	0.88	0.53	0.94	-0.87	0.94	0.86	0.78	-0.67	-0.14	0.81	-0.79	0.04	0.84	0.65
Other Assets	0.73	0.12	0.72	-0.81	-0.47	0.88		-0.06	0.88	0.86	0.54	0.8	-0.77	0.87	0.62	0.58	-0.58	0.08	0.54	-0.45	-0.31	0.61	0.49
Long Term Debt	0.1	0.98	-0.1	-0.32	-0.23	0.13	-0.06		0.13	-0.27	0.14	0.02	-0.17	0.11	0.08	0.09	-0.26	-0.31	0.07	-0.19	-0.13	0.11	0.16
Cash And Short Term Investments	0.84	0.31	0.89	-0.74	-0.52	1.0	0.88	0.13		0.88	0.53	0.94	-0.87	0.94	0.86	0.78	-0.67	-0.14	0.81	-0.79	0.04	0.84	0.65
Net Receivables	0.88	-0.09	0.95	-0.65	-0.57	0.88	0.86	-0.27	0.88		0.64	0.94	-0.68	0.92	0.83	0.81	-0.67	-0.15	0.81	-0.71	0.12	0.85	0.67
Good Will	0.87	0.24	0.66	-0.76	-0.9	0.53	0.54	0.14	0.53	0.64		0.71	-0.3	0.76	0.65	0.67	-0.85	-0.62	0.65	-0.5	0.11	0.72	0.77
Inventory	0.96	0.2	0.98	-0.72	-0.69	0.94	0.8	0.02	0.94	0.94	0.71		-0.74	0.98	0.95	0.88	-0.77	-0.31	0.93	-0.84	0.21	0.96	0.8
Other Stockholder Equity	-0.6	-0.31	-0.69	0.74	0.47	-0.87	-0.77	-0.17	-0.87	-0.68	-0.3	-0.74		-0.74	-0.7	-0.67	0.62	0.19	-0.61	0.71	-0.12	-0.63	-0.64
Total Liab	0.96	0.29	0.92	-0.81	-0.71	0.94	0.87	0.11	0.94	0.92	0.76	0.98	-0.74		0.89	0.83	-0.79	-0.26	0.86	-0.75	0.03	0.91	0.76
Total Current Assets	0.91	0.22	0.96	-0.58	-0.7	0.86	0.62	0.08	0.86	0.83	0.65	0.95	-0.7	0.89		0.84	-0.72	-0.45	0.98	-0.9	0.44	0.97	0.85
Intangible Assets	0.87	0.22	0.88	-0.69	-0.75	0.78	0.58	0.09	0.78	0.81	0.67	0.88	-0.67	0.83	0.84		-0.89	-0.56	0.89	-0.92	0.44	0.93	0.87
Common Stock	-0.86	-0.36	-0.72	0.87	0.92	-0.67	-0.58	-0.26	-0.67	-0.67	-0.85	-0.77	0.62	-0.79	-0.72	-0.89		0.73	-0.73	0.75	-0.31	-0.8	-0.92
Property Plant Equipment	-0.47	-0.28	-0.33	0.4	0.77	-0.14	0.08	-0.31	-0.14	-0.15	-0.62	-0.31	0.19	-0.26	-0.45	-0.56	0.73		-0.48	0.55	-0.69	-0.49	-0.76
Other Current Liab	0.91	0.21	0.96	-0.53	-0.7	0.81	0.54	0.07	0.81	0.81	0.65	0.93	-0.61	0.86	0.98	0.89	-0.73	-0.48		-0.92	0.5	0.99	0.85
Other Liab	-0.79	-0.29	-0.87	0.52	0.6	-0.79	-0.45	-0.19	-0.79	-0.71	-0.5	-0.84	0.71	-0.75	-0.9	-0.92	0.75	0.55	-0.92		-0.59	-0.92	-0.81
Net Tangible Assets	0.21	-0.17	0.35	0.13	-0.33	0.04	-0.31	-0.13	0.04	0.12	0.11	0.21	-0.12	0.03	0.44	0.44	-0.31	-0.69	0.5	-0.59		0.41	0.54
Accounts Payable	0.95	0.25	0.96	-0.62	-0.73	0.84	0.61	0.11	0.84	0.85	0.72	0.96	-0.63	0.91	0.97	0.93	-0.8	-0.49	0.99	-0.92	0.41		0.85
Other Current Assets	0.84	0.26	0.79	-0.73	-0.94	0.65	0.49	0.16	0.65	0.67	0.77	0.8	-0.64	0.76	0.85	0.87	-0.92	-0.76	0.85	-0.81	0.54	0.85

Click cells to compare fundamentals

Carlsberg Account Relationship Matchups

Carlsberg fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	117.7B	123.1B	118.8B	126.4B	145.3B	132.0B
Short Long Term Debt Total	16.8B	20.9B	29.3B	22.8B	26.2B	24.9B
Total Current Liabilities	33.3B	28.4B	43.3B	48.7B	56.1B	39.1B
Total Stockholder Equity	45.3B	43.4B	39.3B	43.9B	39.5B	35.0B
Retained Earnings	74.0B	77.2B	80.3B	70.8B	63.7B	61.2B
Cash	5.6B	5.2B	8.1B	8.3B	9.6B	6.8B
Other Assets	3.1B	3.3B	3.0B	2.7B	3.1B	3.0B
Long Term Debt	16.8B	19.7B	28.2B	21.7B	25.0B	24.1B
Cash And Short Term Investments	5.6B	5.2B	8.1B	8.3B	9.6B	6.8B
Net Receivables	7.2B	5.5B	8.2B	7.8B	9.0B	7.4B
Inventory	4.8B	4.6B	5.4B	5.7B	6.6B	5.3B
Other Stockholder Equity	(33.7B)	(40.8B)	(37.7B)	(41.7B)	(37.5B)	(39.4B)
Total Liab	72.4B	79.6B	79.5B	82.4B	94.8B	83.9B
Total Current Assets	17.9B	19.0B	23.1B	34.2B	39.4B	23.4B
Intangible Assets	15.9B	16.9B	15.6B	68.5B	78.7B	82.7B
Property Plant Equipment	27.6B	26.3B	26.6B	23.7B	21.3B	20.5B
Other Current Liab	12.1B	10.9B	16.5B	21.0B	24.2B	15.7B
Other Liab	22.8B	17.7B	11.6B	9.0B	8.1B	12.8B
Net Tangible Assets	(26.6B)	(26.8B)	(23.0B)	(17.3B)	(19.9B)	(20.9B)
Accounts Payable	17.1B	16.6B	20.6B	21.9B	25.2B	20.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Carlsberg Net Tangible Assets vs Common Stock Analysis

Net Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Common Stock

Carlsberg fundamental ratios Correlations

Carlsberg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Carlsberg fundamental ratios Accounts

Also Currently Popular

Additional Tools for Carlsberg Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Other Current Liab
Long Term Debt	+ 0.98	Short Long Term Debt Total
Inventory	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Inventory
Other Current Liab	+ 0.98	Total Current Assets

Other Current Assets	- 0.94	Retained Earnings
Accounts Payable	- 0.92	Other Liab
Other Liab	- 0.92	Other Current Liab
Other Current Assets	- 0.92	Common Stock
Other Liab	- 0.92	Intangible Assets
Other Liab	- 0.9	Total Current Assets