| 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 Total Current Liabilities and its Other Current Liab 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 Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Carlsberg AS B Total Current Liabilities account and
Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Carlsberg's Total Current Liabilities and Other Current Liab is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Liabilities and Other Current Liab 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 Liabilities of Carlsberg AS B are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Carlsberg's Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Other Current Liab
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.