Carlsberg Other Liab vs Other Assets 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 Other Liab and its Other Assets 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.

Other Liab vs Other Assets

Other Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carlsberg AS B Other Liab account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Carlsberg's Other Liab and Other Assets is -0.45. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Assets 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 Other Liab and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Carlsberg AS B are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Liab i.e., Carlsberg's Other Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Liab

Other Assets

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 Income275M470M423M324.2M
Tax Provision2.2B2.2B2.6B2.4B

Carlsberg fundamental ratios Correlations

0.250.93-0.76-0.810.840.730.10.840.880.870.96-0.60.960.910.87-0.86-0.470.91-0.790.210.950.84
0.250.06-0.45-0.320.310.120.980.31-0.090.240.2-0.310.290.220.22-0.36-0.280.21-0.29-0.170.250.26
0.930.06-0.61-0.650.890.72-0.10.890.950.660.98-0.690.920.960.88-0.72-0.330.96-0.870.350.960.79
-0.76-0.45-0.610.79-0.74-0.81-0.32-0.74-0.65-0.76-0.720.74-0.81-0.58-0.690.870.4-0.530.520.13-0.62-0.73
-0.81-0.32-0.650.79-0.52-0.47-0.23-0.52-0.57-0.9-0.690.47-0.71-0.7-0.750.920.77-0.70.6-0.33-0.73-0.94
0.840.310.89-0.74-0.520.880.131.00.880.530.94-0.870.940.860.78-0.67-0.140.81-0.790.040.840.65
0.730.120.72-0.81-0.470.88-0.060.880.860.540.8-0.770.870.620.58-0.580.080.54-0.45-0.310.610.49
0.10.98-0.1-0.32-0.230.13-0.060.13-0.270.140.02-0.170.110.080.09-0.26-0.310.07-0.19-0.130.110.16
0.840.310.89-0.74-0.521.00.880.130.880.530.94-0.870.940.860.78-0.67-0.140.81-0.790.040.840.65
0.88-0.090.95-0.65-0.570.880.86-0.270.880.640.94-0.680.920.830.81-0.67-0.150.81-0.710.120.850.67
0.870.240.66-0.76-0.90.530.540.140.530.640.71-0.30.760.650.67-0.85-0.620.65-0.50.110.720.77
0.960.20.98-0.72-0.690.940.80.020.940.940.71-0.740.980.950.88-0.77-0.310.93-0.840.210.960.8
-0.6-0.31-0.690.740.47-0.87-0.77-0.17-0.87-0.68-0.3-0.74-0.74-0.7-0.670.620.19-0.610.71-0.12-0.63-0.64
0.960.290.92-0.81-0.710.940.870.110.940.920.760.98-0.740.890.83-0.79-0.260.86-0.750.030.910.76
0.910.220.96-0.58-0.70.860.620.080.860.830.650.95-0.70.890.84-0.72-0.450.98-0.90.440.970.85
0.870.220.88-0.69-0.750.780.580.090.780.810.670.88-0.670.830.84-0.89-0.560.89-0.920.440.930.87
-0.86-0.36-0.720.870.92-0.67-0.58-0.26-0.67-0.67-0.85-0.770.62-0.79-0.72-0.890.73-0.730.75-0.31-0.8-0.92
-0.47-0.28-0.330.40.77-0.140.08-0.31-0.14-0.15-0.62-0.310.19-0.26-0.45-0.560.73-0.480.55-0.69-0.49-0.76
0.910.210.96-0.53-0.70.810.540.070.810.810.650.93-0.610.860.980.89-0.73-0.48-0.920.50.990.85
-0.79-0.29-0.870.520.6-0.79-0.45-0.19-0.79-0.71-0.5-0.840.71-0.75-0.9-0.920.750.55-0.92-0.59-0.92-0.81
0.21-0.170.350.13-0.330.04-0.31-0.130.040.120.110.21-0.120.030.440.44-0.31-0.690.5-0.590.410.54
0.950.250.96-0.62-0.730.840.610.110.840.850.720.96-0.630.910.970.93-0.8-0.490.99-0.920.410.85
0.840.260.79-0.73-0.940.650.490.160.650.670.770.8-0.640.760.850.87-0.92-0.760.85-0.810.540.85
Click cells to compare fundamentals

Carlsberg Account Relationship Matchups

Carlsberg fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.7B123.1B118.8B126.4B145.3B132.0B
Short Long Term Debt Total16.8B20.9B29.3B22.8B26.2B24.9B
Total Current Liabilities33.3B28.4B43.3B48.7B56.1B39.1B
Total Stockholder Equity45.3B43.4B39.3B43.9B39.5B35.0B
Retained Earnings74.0B77.2B80.3B70.8B63.7B61.2B
Cash5.6B5.2B8.1B8.3B9.6B6.8B
Other Assets3.1B3.3B3.0B2.7B3.1B3.0B
Long Term Debt16.8B19.7B28.2B21.7B25.0B24.1B
Cash And Short Term Investments5.6B5.2B8.1B8.3B9.6B6.8B
Net Receivables7.2B5.5B8.2B7.8B9.0B7.4B
Inventory4.8B4.6B5.4B5.7B6.6B5.3B
Other Stockholder Equity(33.7B)(40.8B)(37.7B)(41.7B)(37.5B)(39.4B)
Total Liab72.4B79.6B79.5B82.4B94.8B83.9B
Total Current Assets17.9B19.0B23.1B34.2B39.4B23.4B
Intangible Assets15.9B16.9B15.6B68.5B78.7B82.7B
Property Plant Equipment27.6B26.3B26.6B23.7B21.3B20.5B
Other Current Liab12.1B10.9B16.5B21.0B24.2B15.7B
Other Liab22.8B17.7B11.6B9.0B8.1B12.8B
Net Tangible Assets(26.6B)(26.8B)(23.0B)(17.3B)(19.9B)(20.9B)
Accounts Payable17.1B16.6B20.6B21.9B25.2B20.4B

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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.